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...
Grow with
AL Circle
Apollo-backed aluminum products maker Constellium files for IPO
Apollo-backed Dutch aluminum products maker Constellium Holdco BV said it expects to raise as much as $422 million from its initial public offering. The company plans to price the offering of 22.2 million class A ordinary shares at between $17 and $19 per share, according to a regulatory filing...
A-FAB Initiatives, Inc. launches new website for aluminum extrusion manufacturers
A-FAB Initiatives, Inc., a fabrication services provider for aluminum extrusions in the United States, is launching a brand new web platform to build greater connectivity with manufacturers and producing mills across the country. At the platform, manufacturers, production mill workers and potential...
Alcoa leads metals sector in Fortune 500 ranking
Alcoa led the Metals category of eight companies in the 2013 Fortune 500 ranking of the largest U.S. companies. It also ranked 128 in the overall ranking of the largest corporations based on revenues, profits and market value. Alcoa is one of the 57 original Fortune 500 companies which has been on...
U.S. buys majority of aluminum foil exported by Armenian-Russian production
The export of the 0.2 mm aluminum foil from the Republic of Armenia to the U.S. during the first three months has recorded a growth of about 24 percent in comparison with the same period of the previous year. The State Revenue Committee of the Government of the Republic of Armenia informed...
Alcoa Vice President Michelle O'Neill Receives U.S. Presidential Award
Michelle O'Neill, Vice President Government Affairs and Trade Policy for Alcoa, was honored recently with a 2012 Presidential Distinguished Rank Award, the nation's highest civil service award, for outstanding achievement in public service. The award recognizes Ms. O'Neill's extraordinary success...
Century Aluminum to settle in Chicago by July
Century Aluminum Co. hopes to move into its new headquarters in Chicago in July, according to company officials. "We believe (the move) will come in on time and under budget, so that when we talk to you in July to report the second quarter, we'll be talking to you from our new offices in...
Century Aluminum shares down 21.6%
SmarTrend identified a Downtrend for Century Aluminum on February 25th, 2013 at $8.25. In approximately 2 months, Century Aluminum has returned 21.58% as of today's recent price of $6.47. Over the past year, Century Aluminum has traded in a range of $5.52 to $9.70 and is now at $6.42, 16% above...
AFRA accredits two more aircraft recyclers
The US Aircraft Fleet Recycling Association has expanded its list of accredited recyclers by adding Minnesota-based Aircraft Demolition and Dutch player Aircraft End-of-Life Solutions. According to the association, the accreditations are based on its renewed Best Management Practices Guide dealing...
Reliance Steel & Aluminum Co. completes acquisition of Metals USA Holdings Corp.
Reliance Steel & Aluminum Co. today announced that it has completed the previously announced acquisition of Metals USA Holdings Corp. for $20.65 per share in cash, pursuant to which Metals USA has become a wholly-owned subsidiary of Reliance. This acquisition adds a total of 48 service centers...
Century Aluminum bearish moving average crossover alert
Today, shares of Century Aluminum have crossed bearishly below their 10-day moving average of $7.33 on a volume of 281K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term. Century Aluminum has overhead...
Columbia Falls Aluminum's reopening increasingly uncertain
Despite occasional glimpses of hope that the Columbia Falls Aluminum Co. plant would resume operations, the shuttered facility’s future is more uncertain than ever as the U.S. Environmental Protection Agency begins investigating the site for hazardous pollutants and scepticism over the prospect of...
Hunt continues for alternative buyer for Ormet
Investment bankers in the bankruptcy of US aluminum producer Ormet are still working the phones and holding face-to-face discussions to determine if anyone else, besides Wayzata Investment Partners, is interested in buying the company, a source involved in the case said Friday. The "bankers are...
Aluminum Association announces the addition of four new member companies
Today, the Aluminum Association announced the addition of four new member companies during its Spring Meeting in South Carolina. "We are thrilled to have these companies come on board to strengthen the Aluminum Association's impact," said Layle "Kip" Smith, Aluminum Association Vice Chairman and...
Alcoa losing its accuracy as a bellwether for the U.S. stock market
Alcoa Inc., the first Dow Jones Industrial Average member to report results each quarter, is losing its accuracy as a bellwether for the U.S. stock market. The Standard & Poor’s 500 Index has usually followed Alcoa’s lead since 2002, rising 2.5 percent in quarters when the aluminum producer beat...
Estimated aluminum demand in US and Canada up 4.4%
Aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 1,996 million pounds during January 2013, up 4.4 percent over January of 2012. Demand for semi-fabricated (mill) products totaled 1,299 million pounds, rising 4.2 percent. Apparent...
Alcoa Inc's first quarter estimate below consensus
Alcoa Inc’s earnings for the first quarter could be lower than consensus although higher alumina prices offset aluminum. Analysts at Macquarie Equities Research expressed concern over the company’s reliance on productivity gains although Macquarie Equities Research analysts, Aldo Mazaferro and Luke...
Jon Tester skeptical of Columbia Falls Company's aluminum plant reopening
U.S. Sen. Jon Tester says he is skeptical the shuttered Columbia Falls Aluminum Company plant will reopen after more than three years of trying to broker a power deal between owner Glencore and the Bonneville Power Administration. Tester held a listening session Tuesday for Columbia Falls residents...
Century Aluminum still in negotiations to buy electricity from Big Rivers
An update on the attempt to reach a compromise between Big Rivers Electric and Century Aluminum leaves continuing negotiations. A bill to allow Century Aluminum to buy electricity from the state is also in limbo in the Kentucky legislature with time running out. Big Rivers says the ball is now in...
