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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CME expects aluminium premium swaps trades by end-year
CME Group (CME.O) expects to see the first trades in its new aluminium swap futures contract by the end of this year as it taps consumer frustration with having to pay steep surcharges to get metal in the midst of a glut, the exchange's head of metals said. The contract is based on the Platts...
Union rep says Rehberg wouldn’t help CFAC restart
In the 1990s, the Columbia Falls Aluminum Company (CFAC) employed more than 500 workers producing aluminum that was sent to customers around the world. Cheap power within the region made this energy-intensive industry a perfect match for the Flathead. Unfortunately, in 1999 a foreign company named...
Regulators approve deferred electric payments by Ohio aluminum company trying to avoid
State regulators are allowing a large Ohio aluminum manufacturer to defer electric bill payments for the remainder of the year. Ormet Corp., located near Hannibal in eastern Ohio, has benefited from a unique electric-rate subsidy with American Electric Power that has reduced its costs by more than...
Aluminium leaders involve in can recycling battle
Aluminium industry leaders and former partners Alcoa and Hindalco Industries’ subsidiary Novelis are now competing strongly to collect and recycle the 92.5 billion aluminium beverage cans made in the USA annually, according to the Wall Street Journal. Novelis, which ended the partnership on August...
GPI Prototype adds aluminium option with new Direct Metal Laser Sintering machine
GPI Prototype, based in Lake Bluff, IL, USA, has announced that it has completed the installation of a third Direct Metal Laser Sintering (DMLS) machine supplied by EOS GmbH. The additional EOSINT M270 joins the EOSINT M270 & M280 machines currently being used at GPI to build metal parts. The...
Alcoa to pay $85m to Alba to settle lawsuit
Alcoa of the US is to pay $85m to settle a long-running lawsuit brought by Bahrain’s state-controlled aluminium company over alleged corruption, in a case that could trigger other foreign businesses to launch similar actions against US multinationals. The deal – which Aluminium Bahrain said was...
Illegal trading of UBC drains out cash from California
Crafty entrepreneurs are driving semi-trailers full of cans from Nevada or Arizona, which don't have deposit laws, across the border and transforming their cargo into trucks full of nickels. In addition, recyclers inside the state are claiming redemptions for the same containers several times over,...
Alcoa Adopts New Pricing Mechanism Tied to Physical Ingot Premiums
It was inevitable, really – we have written several times this year on the rising spot premiums for physical delivery of primary aluminum ingot. Japan has seen the greatest surge in premiums, but Europe and even the U.S. Midwest ingot price have not been far behind. Of course in the U.S., consumers...
US Aluminium Production Increases Sharply In July
A report from United States Geological Survey (USGS) has mentioned that US Aluminium production increased in the month of July. The total primary Aluminium production in US was 177000 tonnes in the month of July compared to 173000 tonnes in the month of June 2012. This marked a rise of 2.3% on a...
Petition seeks electricity rate subsidy for Ormet Corp.
Supporters of Ormet Corp. have delivered a 156-page petition with 2,566 signatures to Gov. John Kasich’s office, asking him to intervene to help the aluminum smelter avoid layoffs tied to a recent electricity-rate increase. Ormet, located near Hannibal, has warned that most of its roughly 1,000...
Ormet Corp wants more power subsidies to avoid layoffs
A large Ohio aluminum manufacturer that has benefited from deep electric-rate subsidies says it needs an even better deal to avoid mass layoffs. Ormet Corp., located near Hannibal in eastern Ohio, has benefited from a unique electric-rate subsidy that has reduced its costs by more than $150 million...
U.S.aluminum premiums rose higher
U.S. aluminum premiums inched higher Friday to another all-time record as supply remains tight. Midwest P1020 spot premiums rose to 11 to 11.5 cents per pound Friday from 11 to 11.4 cents previously, with some traders reporting deals for immediate delivery as high as 12 cents per pound. U.S. supply...
Novelis Wins Georgia Governor's International Award
Novelis, the global leader in aluminum rolling and recycling, was named winner of the 2012 Georgia Governor's International Awards in the International Deal of the Year category for opening its Global Research & Technology Center in Kennesaw earlier this year. The award recognized Novelis for its...
Tredegar buys aluminum extrusion manufacturer
Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100-percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment. The purchase price of about $50.8 million was funded using financing under Tredegar`s existing $350 million credit...
AkzoNobel Expands Capacity In US To Meet Semi-Conductor Demand
Dutch paint and chemicals AkzoNobel NV said Thursday it will expand the capacity at one of its US specialty chemicals production sites in order to meet increasing demand from the semi-conductor industry, particularly for the production of light emitting diodes (LED's). Financial details were not...
Wisconsin company to buy Scott Aluminum Corp
A Wisconsin-based aluminum company plans to buy Scott Aluminum Corp. in Clarksburg and hire 13 workers within the next few years. The West Virginia Economic Development Authority approved a request to transfer a $2.7 million agency loan from Scott Aluminum to Skana Aluminum Co. Thursday. The loan...
Alcoa, Alcoa Foundation and Keep America Beautiful Launch "Action to Accelerate Recycling" Commitment
At the Clinton Global Initiative (CGI) Annual Meeting today, Alcoa, Alcoa Foundation and Keep America Beautiful (KAB) announced a national commitment to increase U.S. recycling rates. "Action to Accelerate Recycling" will generate awareness, create incentives, and provide recycling access and...
Scrap aluminum supplies 30 percent of America’s aluminum consumption
Bauxite ore is refined into alumina (aluminum oxide), one of the primary feedstocks for aluminum metal. Scrap aluminum supplies 30 percent of America’s aluminum supply. Recycled aluminum cans supply a portion of the scrap used as a raw material. About 26.5 percent of the aluminum used in America...
