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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AEC and AAI announce extrusion shipments and end uses for 2012
The Aluminum Extruders Council (AEC) and The Aluminum Association, Inc. (AAI) on Wednesday announced that domestic consumption of aluminum extrusions in the United States and Canada totaled an estimated 4.05 billion pounds in 2012, an increase of 5.8 percent over the revised 2011 total of 3.83...
Aluminium Company fined for safety violations
Penn Aluminum International LLC has been cited by the U.S. Department of Labor’s Occupational Safety and Health Administration for nine serious safety violations carrying proposed fines of $45,000. OSHA initiated an inspection of the aluminum product manufacturer in January under the national...
Research firm expects US economy to uplift metal prices
Research firm Nirmal Bang expects industrial metals prices to take support from improving economic conditions in the US. Though, the deteriorating manufacturing conditions in China are likely to keep a check on the upside. Industrial metals prices fell to its lowest level in 20 months, hit by...
Harbor Intelligence confirms U.S. aluminum fee rise
The fee buyers pay to obtain aluminum in the U.S. climbed to a record amid longer waits for warehouse supplies and reduced availability of scrap metal, Harbor Intelligence said. The so-called Midwest premium is 12 cents to 13 cents a pound, an all-time high, according to Harbor Intelligence, an...
U.S., Guinea to work on transparency
The U.S. government said it will work with its counterparts in Guinea on transparency measures in the minerals and mining industry. Guinea is the world leader in the production of bauxite, an aluminum ore, and one of the leading producers of iron ore. The country's mining sector generates more than...
Pennex Aluminum opens new aluminum plant in Greenville, USA
For the second time this week, officials with a major manufacturing business cut the ribbon on a new facility in Mercer County. On Friday morning, officials with Pennex Aluminum officially celebrated taking over part of the old Werner Ladder building in Greenville. The aluminum casting facility has...
US firm leads $1 billion credit facility for Novelis Inc.
Wells Fargo Capital Finance, part of Wells Fargo & Company, announced it acted as left lead arranger, book manager, and administrative agent on a $1 billion, multi-currency, senior secured revolving credit facility for Novelis, Inc. The credit facility refinanced Novelis’ existing credit facility,...
US agency orders cleanup plan for Century Aluminum plant
The U.S. Environmental Protection Agency (EPA) has ordered Century Aluminum of West Virginia to develop an updated cleanup plan for a former industrial facility in Ravenswood, W.Va., that was used for the storage and disposal of hazardous materials that were byproducts of aluminum production. EPA...
US Court approves sale of bankrupt aluminum smelter
Operations at Ormet Corp. are expected to continue as usual after a federal judge approved the sale of the company for $221 million to Smelter Acquisition LLC, a subsidiary of Minnesota-based Wayzata Investment Partners. The U.S. Bankruptcy Court in Delaware on Tuesday approved the sale of all...
Global trading house Trafigura eyes US aluminum scrap market
Global trading house Trafigura AG/Nems (USA) Inc. is considering an entry into the U.S. secondary aluminum market, market sources said. To date, Trafigura’s only known involvement has been as a trader of the London Metal Exchange's North American special aluminum alloy contract (Nasaac), a...
US Military renewes contract with Charleston Aluminum for aluminum supply
A Calhoun County facility has seen its contract to provide aluminum to the US military renewed for another year. Gaston-based Charleston Aluminum company has received a one-year maximum, $49.4 million contract to provide heat-treated aluminum sheet and plate materials for the US Army, Navy, Air...
Sapa expects US aluminum extrusion demand to rise in 2013
US aluminum extrusion demand is expected to rise slightly this year, despite a slow start to the year, according to Jeff Henderson, Director of Marketing and Business Development for Sapa North America. The market has gotten off "to a slower start," he said, citing Aluminum Association data that...
Century Aluminum announces the pricing of $250 million senior secured notes
Century Aluminum Company announced that it has priced $250 million aggregate principal amount of senior secured notes due 2021. The notes will have an interest rate of 7.5% per annum and are being issued at a price equal to 98.532% of their face value. Century intends to use all net proceeds from...
Tesoro receives FTA clearance for refinery and marketing business acquisitions
Tesoro Corporation announced that the Federal Trade Commission has cleared the Company's planned acquisition of BP's fully integrated Southern California Refining and Marketing business. Tesoro also said that itintends to close the acquisition during the second quarter, subject to customary closing...
Constellium NV's shares down in their debut on NY Stock Exchange
Dutch aluminum products maker Constellium NV's shares opened 10 percent below their IPO price in their debut on the New York Stock Exchange, valuing the company at $1.36 billion. Constellium, whose shareholders include Apollo Global Management LLC, miner Rio Tinto and French investment firm FSI,...
Ormet sale hearing postponed as negotiations continue
A scheduled Wednesday sale of bankrupt US aluminum producer Ormet Corp. to Wayzata Investment Partners was postponed until June 3 by a federal bankruptcy judge because negotiations are continuing on the disputed terms of the proposed transaction. Judge Mary Walrath of the US Bankruptcy Court for...
Aleris says Big Rivers rate increase would impact aluminum rolling mill
Aleris International, a US rolled products manufacturer, is warning that planned power rate increases by Big Rivers Electric will make it more difficult for Aleris' aluminum rolling mill in Hancock County, Kentucky, to compete in a challenging economy. Big Rivers, a Henderson, Kentucky-based...
Kobe Aluminum Breaks Ground on New Expansion
Governor Steve Beshear yesterday joined company and local officials at Kobe Aluminum Automotive Products LLC (KAAP) in Bowling Green to break ground on the company’s second expansion in recent months. Kobe Aluminum plans to add an 87,000-square-foot building, resulting in 100 new, full-time jobs...
