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Judge expected to approve terms of Ormet asset bidding process
25 MAR 20132MINS

Judge expected to approve terms of Ormet asset bidding process

US Bankruptcy Judge Mary Walrath was expected to approve on Thursday an agreement that sets the stage for a possible May 13 auction for the assets of US aluminum producer Ormet, which filed for Chapter 11 bankruptcy reorganization in Delaware on February 25. Patrick Burns, a Cincinnati-based...

Century Aluminum moving headquarters from California to One South Wacker
22 MAR 20131MINS

Century Aluminum moving headquarters from California to One South Wacker

Century Aluminum Co. is moving its corporate headquarters from Monterrey, Calif., to One South Wacker in Chicago’s West Loop. Century, which has aluminium production facilities in Iceland, Kentucky, West Virginia and South Carolina, has signed a lease for 16,146 square feet of space on the...

Baucus and Tester seek study of the Columbia Falls plant
22 MAR 20132MINS

Baucus and Tester seek study of the Columbia Falls plant

Montana’s two U.S. senators have asked the Environmental Protection Agency to study whether contamination at a closed aluminum plant poses a risk to the community or to businesses that might want to move to the site. The move by Sens. Jon Tester and Max Baucus apparently ends their effort to help...

Kentucky lawmaker to push for bill allowing aluminum producers to buy cheaper power
18 MAR 20133MINS

Kentucky lawmaker to push for bill allowing aluminum producers to buy cheaper power

A Kentucky lawmaker on Thursday said he was prepared to ask Governor Steve Beshear to consider his bill to allow Century Aluminum and Rio Tinto Alcan to buy lower cost power for their smelters in the state from the open market rather than at locked-in costs from Big Rivers Electric. State...

LLC's new report analyzes the flexible packaging uses industry
18 MAR 20131MINS

LLC's new report analyzes the flexible packaging uses industry

Research and Markets has announced the addition of Supplier Relations US, LLC's new report "Laminated Aluminum Foil Manufacturing for Flexible Packaging Uses Industry in the U.S. and its International Trade [2013 Edition]" to their offering. This latest Laminated Aluminum Foil Manufacturing for...

Industrial Metals Advance as U.S. Data Show Economy Improving
14 MAR 20132MINS

Industrial Metals Advance as U.S. Data Show Economy Improving

Aluminum in London rose to a one- week high and copper climbed for a third day amid speculation that an improving U.S. economy will drive prices higher, prompting Chinese users to place orders. Aluminum for delivery in three months gained as much as 0.6 percent to $1,993 a metric ton on the London...

Kentucky aluminum smelters decision may have larger ramifications
12 MAR 20131MINS

Kentucky aluminum smelters decision may have larger ramifications

A bid by Century Aluminum Co. to buy power on the open market in Kentucky could have larger implications for the troubled U.S. aluminum industry. Reuters reports that benchmark aluminum prices have dropped more than 30 percent in less than two years, and high-cost electricity is challenging the...

Baucus, Tester ask EPA to evaluate contamination at Columbia Falls aluminum plant
12 MAR 20133MINS

Baucus, Tester ask EPA to evaluate contamination at Columbia Falls aluminum plant

Montana Sens. Jon Tester and Max Baucus have asked the U.S. Environmental Protection Agency to evaluate contamination levels at the shuttered Columbia Falls Aluminum Co. plant. The Democratic senators said they hope to determine whether the 120-acre industrial area could pose a risk to the...

Aluminium  price high boosts the outlook for growth
11 MAR 20132MINS

Aluminium price high boosts the outlook for growth

Aluminium prices rebounded on Thursday, lifted by a strong euro and better-than-expected U.S. data that boosted the outlook for growth, but slow demand from top consumer China may keep further gains in check. Aluminium gained 1.3 percent to finish at $1,979 a tonne. Investors were encouraged on...

Century Aluminum Workers Heading to Frankfort
07 MAR 20131MINS

Century Aluminum Workers Heading to Frankfort

Several Century Aluminum workers are on their way to Frankfort, where they will lobby for a bill that would allow the company to buy energy on the open market. Both Century and Alcan say if they can't get cheaper electric rates from Big Rivers and Kenergy, they may be forced to close. Eyewitness...

Supporters continue to push for Kentucky's smelter bill vote
07 MAR 20131MINS

Supporters continue to push for Kentucky's smelter bill vote

Supporters of an endangered western Kentucky aluminum smelter are pushing for a House vote on a bill that would allow the plant to buy cheaper electricity. The group, from Hancock County where a Century Aluminum plant is located, visited the statehouse Wednesday to pressure lawmakers. Five days...

Aluminum Shines in Military Vehicle Showcased on "Jay Leno's Garage"
06 MAR 20132MINS

Aluminum Shines in Military Vehicle Showcased on "Jay Leno's Garage"

Aluminum played a star role this week in an episode of "Jay Leno's Garage" that featured the U.S. Army's rugged Fuel Efficient Ground Vehicle Demonstrator (FED). The FED sports a low weight aluminum structure, armoring, and underbody blast shield that will give troops an edge. Vehicle capability,...

Aluminum foil paper export to USA, Croatia, and Chili increased
28 FEB 20131MINS

Aluminum foil paper export to USA, Croatia, and Chili increased

Armenian export of aluminum foil paper thinner than 0,2 mm to USA, Croatia, and Chili increased for 6, 43, and 186 percents respectively. The State Revenue Committee of the Government of the Republic of Armenia informed "Armenpress" about this. Volume of aluminum foil paper export to USA was...

Aluminum producer Ormet files for bankruptcy, to sell business
27 FEB 20132MINS

Aluminum producer Ormet files for bankruptcy, to sell business

U.S. aluminum producer Ormet Corp has filed for Chapter 11 bankruptcy protection, hurt by low aluminium prices and high power costs, and agreed to sell its business to investment firm Wayzata Investment Partners, court documents showed. Ormet has received about $90 million of debtor-in-possession...

Noranda Aluminium to offer senior unsecured notes due 2019
27 FEB 20132MINS

Noranda Aluminium to offer senior unsecured notes due 2019

Noranda Aluminum Holding Corporation today announced that Noranda Aluminum Acquisition Corporation, its wholly-owned subsidiary, intends to offer, subject to market and other conditions, approximately $225 million of senior unsecured notes due 2019 . The Notes will be fully and unconditionally...

Aluminium shipments in North American off to a slow start in 2013
25 FEB 20131MINS

Aluminium shipments in North American off to a slow start in 2013

Metal shipments in 2013 decreased from last January’s levels at small single digit rates in both the United States and Canada. In January, 126,100 tonnes of aluminum products were shipped by US service centers, a decrease of 5.6% from the same month in 2012. Inventories of aluminum products were...

Century Aluminum loss narrows on lower costs
24 FEB 20131MINS

Century Aluminum loss narrows on lower costs

Century Aluminum Co reported a smaller quarterly loss on Thursday as its costs fell and said it saw a modest improvement in market conditions. The Monterey, California-based company, which operates aluminum plants in the United States and Iceland, said China's economy seems to have, at minimum,...

Aluminium can market affected by Health-conscious Americans
21 FEB 20133MINS

Aluminium can market affected by Health-conscious Americans

U.S. aluminium can sales are set to slow in 2013 for a third straight year as more consumers ditch sodas for healthier options such as water and iced teas, traditionally bottled in plastic or glass. The loss of market share in the fizzy drinks capital of the world, also due to loud anti-obesity...