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Semi demand, import & export up in US and Canada in August
30 OCT 20132MINS

Semi demand, import & export up in US and Canada in August

Demand for aluminum semi-fabricated (mill) products in the United States and Canada (measured in shipments by domestic producers plus imports) totaled an estimated 1,445 million pounds in August, increasing less than one-tenth of one percent over the August 2012 total of 1,444 million pounds....

U.S. aluminum-can recycling hits 20-year high
29 OCT 20133MINS

U.S. aluminum-can recycling hits 20-year high

The rate at which the U.S. recycled aluminum cans in 2012 hit a 20-year high, reflecting metal companies' stepped-up efforts in recent years to procure and process scrap. The U.S. recycled 62 billion cans, equivalent to 67% of the 92 billion cans produced that year, according to a report released...

Kasich criticized over layoffs at Ohio aluminum plant
29 OCT 20131MINS

Kasich criticized over layoffs at Ohio aluminum plant

What was once the largest private employer in its region is now Ohio's largest industrial layoff of the year. Republican Gov. John Kasich is facing criticism over the indefinite shuttering of Ormet Corp., an aluminum smelting giant along the Ohio River and the onetime largest customer of American...

Ormet in 'advanced discussions' to sell alumina refinery
29 OCT 20132MINS

Ormet in 'advanced discussions' to sell alumina refinery

Bankrupt US aluminum producer Ormet is in "advanced discussions" about selling its 540,000 mt/year alumina refinery in Burnside, Louisiana, which is currently idled, and a deal is expected soon, CEO Michael Tanchuk told Platts Thursday. Citing a confidentiality agreement, Tanchuk said in an...

Aluminum can continues sustainability leadership as most recycled beverage container
25 OCT 20133MINS

Aluminum can continues sustainability leadership as most recycled beverage container

Industry recycling of aluminum beverage containers in the United States continued its decade-long upward trend in 2012 with a rate of 67%, according to data released by the Aluminum Association, Can Manufacturers Institute (CMI) and Institute of Scrap Recycling Industries (ISRI). This is the...

Clock ticking for CME aluminium contract, industry expert Bodner says
24 OCT 20133MINS

Clock ticking for CME aluminium contract, industry expert Bodner says

CME Group has a window of just a few months to establish its new aluminium contract before the opportunity is missed, industry consultant Mark Bodner told Metal Bulletin. “CME rightly sees an opportunity,” Bodner said. “A launch before year-end will give a much better chance of success than if it’s...

Noranda Aluminum gets hold rating at UBS AG
23 OCT 20132MINS

Noranda Aluminum gets hold rating at UBS AG

UBS AG reissued their hold rating on shares of Noranda Aluminum Holding Corp. in a research report sent to investors on Thursday morning, Stock Ratings Network reports. The firm currently has a $2.40 price target on the stock. Shares of Noranda Aluminum Holding Corp. traded down 1.16% on Thursday,...

Alcoa, U.S. Army to develop world’s largest single-piece aluminum hull
22 OCT 20134MINS

Alcoa, U.S. Army to develop world’s largest single-piece aluminum hull

Alcoa and the U.S. Army Research Laboratory have launched a cooperative effort to develop an aluminum solution to a grave threat to soldier safety: Improvised Explosive Devices (IEDs). The solution, a single-piece aluminum hull for ground combat vehicles, would replace today’s assembled hulls and...

Aluminum Association study considers Aluminum a key part of U.S. manufacturing base
21 OCT 20132MINS

Aluminum Association study considers Aluminum a key part of U.S. manufacturing base

A new study released today confirms the growing importance of the domestic aluminum industry to the U.S. economy. Research conducted by economic research firm John Dunham & Associates found that the U.S. aluminum industry directly employs more than 155,000 workers and generates $65 billion in...

Ormet gets bankruptcy plan filing extension
17 OCT 20132MINS

Ormet gets bankruptcy plan filing extension

US aluminum producer Ormet has been given a three-month extension -- until February 20, 2014 -- to file a Chapter 11 reorganization plan by a federal bankruptcy court in Delaware. In a Tuesday order, US Bankruptcy Court Judge Mary Walrath also gave the Hannibal, Ohio-based company until April 22,...

Ohio governor blames weak global aluminum market for Ormet bankruptcy
15 OCT 20133MINS

Ohio governor blames weak global aluminum market for Ormet bankruptcy

Ohio Governor John Kasich suggested Monday that bankrupt Ormet Corp.'s troubles are tied mainly to the weak global aluminum market, and that the state has provided more than its share of financial aid to the embattled US aluminum producer. Kasich, a first-term Republican, did not respond...

Alcoa’s armor plate specified for use in military vehicles
14 OCT 20132MINS

Alcoa’s armor plate specified for use in military vehicles

Today Alcoa announced that their ArmX® 5456-H151 armor plate meets military standards and can used in the production of military vehicles. The product was developed by scientists at the Alcoa Technical Center located near Pittsburgh in New Kensington, Pennsylvania, and it provides a 20 percent...

Alcoa hits out over LME policy changes
10 OCT 20133MINS

Alcoa hits out over LME policy changes

Aluminium producer says the exchange's 'irresponsible' move to overhaul warehousing has led to confusion and a drop in premiums. Global aluminium premiums have fallen because of "confusion" over the London Metal Exchange's proposal to overhaul its warehousing policy, Alcoa chief financial officer...

National Manufacturing Day highlights role of recycling
08 OCT 20133MINS

National Manufacturing Day highlights role of recycling

The Institute of Scrap Recycling Industries (ISRI) joins in the nationwide celebration of National Manufacturing Day by highlighting the many positive economic contributions of the industry to the U.S. manufacturing landscape. Each year, more than 135 million metric tons of metal, paper, plastic,...

ISRI recommends  more enforcement of metals theft laws to governor Brown
07 OCT 20132MINS

ISRI recommends more enforcement of metals theft laws to governor Brown

The Institute of Scrap Recycling Industries (ISRI) commended California Governor Jerry Brown for recognizing the need for more enforcement of the state’s current metals theft laws before additional laws that could harm the industry are added to the books. While vetoing California Assembly Bill 841,...

Ormet to close Ohio aluminum smelter immediately
07 OCT 20132MINS

Ormet to close Ohio aluminum smelter immediately

Ormet Corp will immediately close its 270,000-tonne-per-year aluminum smelter in Hannibal, Ohio, a casualty of historically low metal prices and "uncontrollable" power costs, the company said on Friday. The move follows a ruling on Wednesday by the Public Utilities Commission of Ohio (PUCO), which...

Ormet seeks more time to file Chapter 11 bankruptcy plan
02 OCT 20132MINS

Ormet seeks more time to file Chapter 11 bankruptcy plan

US aluminum producer Ormet Corp again is asking a federal bankruptcy court for more time to file a Chapter 11 reorganization plan that currently is due by October 23. The Hannibal, Ohio-based company, in a filing Friday with the US Bankruptcy Court for the District of Delaware, said it wants until...

President Obama taps Alcoa Chairman and CEO to help advance US manufacturing
30 SEPT 20132MINS

President Obama taps Alcoa Chairman and CEO to help advance US manufacturing

President Barack Obama has tapped Alcoa Chairman and CEO Klaus Kleinfeld to join the President's Advanced Manufacturing Partnership Steering Committee 2.0, part of a continuing effort to maintain US leadership in the emerging technologies that will create high-quality manufacturing jobs and enhance...