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
Century Aluminum plant aid in Kentucky stalls
A Kentucky legislative panel last week postponed a vote on a bill that would allow two western Kentucky aluminum smelters to purchase electricity on the open market. That's because negotiations over rates are continuing between Century Aluminum and the local utility company, Big Rivers Electric...
Kentucky to allow Century and Rio to buy power off the wholesale market to save smelters
In a bid to save Kentucky's two large aluminum smelters from closing, newly filed bipartisan legislation in the Kentucky General Assembly would allow Century Aluminum and Rio Tinto Alcan to buy power off the wholesale market if they cannot resolve a dispute over electricity rates with current...
Reliance Steel & Aluminium to acquire Metals USA Holdings Corp
Reliance Steel & Aluminum Co. and Metals USA Holdings Corp. today announced a definitive merger agreement whereby Reliance Steel & Aluminum Co. will acquire all outstanding shares of Metals USA Holdings Corp. for $20.65 per share in cash, representing an enterprise value of approximately $1.2...
Use of aluminum over steel in automotive sector brings respite to the aluminum producers
Carmakers are using record amounts of aluminum to replace heavier steel, providing relief to producers of the metal confronting excess supplies and depressed prices. Aluminum content in vehicles is rising about 5 percent a year and growth will accelerate in the next decade as drivers seek improved...
Century Aluminum Down 0.1% Since Last Week's Downgrade
One week ago Century Aluminum was downgraded from Neutral to Sell at Goldman Sachs. The stock closed at $8.85, which is 0.1% lower than the price one week ago ($8.86). Century Aluminum is currently priced 11.8% above its average consensus analyst price target of $7.70. Century Aluminum shares have...
Kentucky regulators denied a request to reduce their revenue as part of a Big Rivers Electric rate case
In another blow to Century Aluminum and Rio Tinto Alcan, Kentucky regulators Tuesday denied a request to reduce their revenue requirements as part of a Big Rivers Electric rate case. The Public Service Commission largely reaffirmed its November 2011 rate adjustment case for Big Rivers, a Henderson,...
Noranda sees US aluminum market in recovery, but customers still cautious
The US aluminum market has started to show signs of recovery, Kip Smith, president of Noranda Aluminum said Monday. "Were in recovery mode, but take your own view how robust that recovery is," Smith said at the Platts Aluminum Symposium in San Diego. Smith said that the US housing market had...
ISRI celebrates recycling highlights of 2011-2012
United States: 'In 2011 alone, nearly 135 million metric tons of scrap metal, paper, plastic, glass, textiles, rubber and electronics valued at approximately US$ 100 billion were manufactured into specification-grade commodities by the US scrap recycling industry,' the Institute of Scrap Recycling...
US primary aluminum production gains 4.2% in 2012 to 2.07 million mt
US primary aluminum production totaled 2,070,316 mt in 2012, up 4.2% over the 2011 total of 1,986,447 mt, according to statistics from the Aluminum Association released late January 11. For the month of December 2012, the annual rate of production totaled 2,019,128 mt, down 3.5% from the December...
US aluminum premiums hit fresh record highs
A pickup in aluminum P1020 demand this week pushed Midwest spot premiums to fresh record highs, with most participants anticipating a further increase on the horizon. Midwest premiums rose to 11 to 12 cents per pound from 10.5 to 11.5 cents previously. People came in for spot that never buy spot,"...
Quaker launches eco-friendly coolant for machining aluminum alloys
Quaker, a global leader in metalworking process fluids has introduced QUAKERCOOL® 7000 ALF BAF, a European approved machining and grinding coolant, to the U.S. aerospace industry. QUAKERCOOL® 7000 ALF BAF is an environmentally friendly water soluble coolant designed for the machining of aluminum...
Aluminum Association urges residents to use sustainable aluminum water bottles and cans
Following a landmark decision by the city of Concord, MA to ban the sale of single-serving plastic bottles for drinking water, the Aluminum Association is calling on residents to use infinitely recyclable, sustainable aluminum to get their bottled water fix. Aluminum is by far the most recycled --...
Alcoa projects positive outlook for aluminium in 2013
Alcoa Inc, the largest aluminum producer in the United States, is cautiously optimistic demand for the metal will continue to grow in 2013, helped in part by strong sales to aerospace and construction customers. Executives offered a positive outlook on Tuesday for 2013, but kept a cautious tone as...
AloStar opens loan to Southeastern Aluminum Products Inc.
AloStar Business Credit opened a $5 million line of credit to Jacksonville, Fla.-based bath enclosures and shower door maker Southeastern Aluminum Products Inc. Atlanta-based AloStar also gave the company a $2.1 million real estate term loan. Southeastern Aluminum Products makes custom and stock...
US aluminum premium holds at 11 cents
The Platts US aluminum premium remained flat at 11 cents/lb plus London Metal Exchange cash, delivered Midwest, January 4, as most market participants were just coming back from the holiday break and finalizing their year-end inventory positions as well as planning for the coming year. Business in...
Aluminium S.A. signs new large $200 million contract
Mytilineos Group subsidiary Aluminium S.A. has signed with Swiss-based multinational Glencore a contract for the sale of 75,000 tons of aluminium in billets and slabs, for a total price of $200 million. These quantities will be exported to the European and US markets from January 2013 to June 2014....
Century Aluminum's Shares Changing Hands at Higher Prices
Century Aluminum shares are trading on heavy volume today, having risen 7.5% to $9.41. About 1.2 million shares have been traded today, as compared to the 30-day average volume of 801,000 shares. Unusually high volume can signify a potential turning point or validate a breakout. Century Aluminum...
Commerce ruling on aluminum extrusions challenged
The Aluminum Extrusions Fair Trade Committee has filed a challenge at the U.S. Court of International Trade over the Commerce Department’s final scope ruling on side-mount valve controls under the anti-dumping and countervailing duty orders on aluminum extrusions from China. The committee claims...
