Aluminium unibody marks a major design upgrade in iPhone 18 Pro Max
Apple’s iPhone 18 Pro Max has moved from a titanium frame to an aluminium unibody, marking one of the biggest material changes. The new phone uses an aluminium unibody alongside 40 per cent recycled content, while adding a larger display, upgraded cameras and longer battery life. The iPhone 15 Pro...
AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
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U.S. carmakers’ aluminium consumption may surpass European counterparts: Novelis
U.S. carmakers’ consumption of aluminum may surpass European counterparts in the next 12 months as new models using the metal come to market, according to Novelis Inc. Ford Motor Co. is among manufacturers rolling out new cars that substitute aluminum for heavier steel. Use of the lightweight metal...
Ormet's total losses increase to near $100 million
As it awaits a final regulatory decision that could decide its future, US aluminum producer Ormet Corp. continues to lose money and is fast approaching $100 million in total net losses since it filed for bankruptcy on February 25, according to court filings. In August, the Hannibal, Ohio-based...
Oak Ridge National Laboratory recommends automotive aluminium over steel
Opting for aluminum over steel in new automobile construction to improve fuel economy is also the best way to reduce energy consumption and carbon emissions, according to a new study by the United States Department of Energy’s Oak Ridge National Laboratory (ORNL). “As the U.S. works to reduce...
Noranda Aluminum Holding Corp. Receives New Coverage from Analysts at Sidoti
Equities research analysts at Sidoti assumed coverage on shares of Noranda Aluminum Holding Corp. in a research note issued to investors on Tuesday, American Banking and Market News reports. The firm set a “buy” rating on the stock. Shares of Noranda Aluminum Holding Corp. traded up 0.39% during...
Santini to distribute Ambrosio in US
Santini U.S., the American subsidiary of the Italian clothing maker, will begin importing Ambrosio wheels and rims from Italy, effective immediately. Ambrosio has been manufacturing aluminum rims in Solaro, Milan for over 80 years. The company is most famous for its Nemesis tubular rim, used by...
LME rule may change the playing field for aluminium players
In October, the London Metal Exchange (LME) will decide on a proposal to shorten delays in delivery of aluminium from the exchange’s warehouses. Investors would do well to keep a watch, as it could affect the performance of aluminium companies. Aluminium buyers, such as beverage can makers in the...
U.S. aluminum users slam LME's plan to solve warehousing crisis
A group of aluminum users, including MillerCoors LLC and other makers of drink cans, have said the London Metal Exchange's proposal to overhaul its controversial warehousing policy will "fall short" of solving the long wait times and inflated prices. In a letter dated Sept. 9, the so-called...
Inventories, surplus output pile pressure on aluminium prices
Tepid demand from principal consumption points like automobile, packaging and construction, yet to recover from the mauling of the world recession, has left the aluminium industry in deepest crisis. Industry giants from the US to Europe to China are sufficiently bedraggled by aluminium prices...
Aluminum tube plant to open in Kentucky
Structures USA, a newly formed manufacturing arm of VSI Sales, will open a factory in Elizabethtown, Kentucky, to make aluminum and steel tubes for a variety of industries, Kentucky Governor Steve Beshear said Friday. The Mars, Pennsylvania-based company said it will invest more than $3.3 million...
European 1050 aluminum prices, US bar fuel surcharges spike
On the weekly Construction MMI, European 1050 aluminum rose 5.0 percent to finish as the week’s biggest mover. Chinese aluminum bar remained unchanged for the week. Chinese H-beam steel saw a 0.6 percent decline over the past week. US shredded scrap prices were off slightly, down $2 per short ton...
Aluminum climbs for first time in three days on growth optimism
Aluminum advanced for the first time in three days, rebounding from a four-week low, after the U.S. Federal Reserve said a recovery in the world’s largest economy was intact. Aluminum for delivery in three months increased as much as 0.8 percent to $1,804 a metric ton on the London Metal Exchange...
Toyota to invest $102 mln to boost transmission output in U.S.
Toyota Motor Corp said on Friday it will invest $102 million at its West Virginia engine and transmission plant and aluminum casting factories in Missouri and Tennessee to boost production. The Japanese automaker said it will invest $90 million at the Buffalo, West Virginia, plant to increase...
Shipments of Aluminum Sheet and Plate by U.S. and Canada up in July 2013
Estimated net shipments of Aluminum Sheet and Plate by U.S. and Canadian producers totaled 695.7 million pounds during July 2013, a rise of 1.1 percent over the July 2012 total of 687.9 million pounds. Compared to the previous month, shipments were up 2.3 percent over the June 2013 revised total of...
Greco Aluminum Railings USA Hires new president
Officials from Greco Aluminum Railings USA Inc., a subsidiary of Greco Aluminum Railings LDT, announced Jim Ellsworth as president of the company’s U.S. operations, according to an Aug. 27 company release. Ellsworth joined Greco in May 2013 and was recently appointed president. Ellsworth brings...
Prince George aluminum products maker expanding its plant
Aluminum products maker Service Center Metals Inc. is marking its 10th year in business with an expansion of its plant in Prince George County. The company has started construction on an 80,000-square-foot building adjacent to its plant in the SouthPoint Business Park. The expansion is expected to...
Alcoa stock gains by 2.42%
It had recently been announced by Alcoa Inc that the company had decided to shut down the operations of around 164,000 metric tons of smelting capacitance facilities located in the United States and Brazil. This move taken up as part of the company’s smelting capacitance appraisal plan is expected...
Veolia E-Waster recycling facility to recover Mercury & Rare Earths in U.S
Veolia ES Technical Solutions has opened a new electronics recycling facility that is capable of recovering more than 99% by weight of a fluorescent lamp in West Bridgewater, Massachusetts. According to the company the new plant features the latest state-of-the-art recycling equipment for...
Ormet seeks liquidity to keep two aluminum potlines open
Ormet Corp is negotiating with its equity owner for additional liquidity to keep remaining aluminum operations running, after shutting down two potlines late last week, a spokesman at the U.S aluminum producer said on Monday. On August 1, the Hannibal, Ohio-based company began shutting two of the...
