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Century Aluminum Crosses Above its 10-day Moving Average
08 OCT 20121MINS

Century Aluminum Crosses Above its 10-day Moving Average

Century Aluminum shares have crossed bullishly above their 10-day moving average of $6.30 on a volume of 479K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term. Century Aluminum Company produces primary...

Constellium makes new offer to Ravenswood steelworkers
08 OCT 20123MINS

Constellium makes new offer to Ravenswood steelworkers

Constellium made another contract offer Wednesday in an attempt to end a month-long strike at its aluminum plant in Jackson County, Governor Earl Ray Tomblin said. The new offer came following an afternoon of negotiations at the governor's mansion in Charleston. But the offer's details and fate...

Ormet to lay off 200 jobs at Burnside Plant
08 OCT 20121MINS

Ormet to lay off 200 jobs at Burnside Plant

Ormet Corp. plans to lay off 200 people at its alumina plant in Ascension Parish because of reduced demand caused by rising power rates in Ohio. The Advocate reports Ormet issued 60-day federal layoff notices last Tuesday for the Burnside plant, which produces the primary raw material used in...

Ormet to cut output at Burnside alumina refinery, Louisiana
08 OCT 20122MINS

Ormet to cut output at Burnside alumina refinery, Louisiana

U.S. aluminum producer Ormet Corp said it was cutting back operations at its Burnside alumina refinery in Louisiana, due to high power costs and low global prices that have also forced it to shutter part of its aluminium production. A small producer on the global scale, Ormet joins industry...

Orbite Aluminae Begins Trading in OTCQX International
08 OCT 20121MINS

Orbite Aluminae Begins Trading in OTCQX International

Orbite Aluminae, a leading provider of clean technology and developer of breakthrough alternative solutions for the alumina production industry, today announced that the Company will begin trading on the OTCQX International. Effective Monday, September 10, 2012, Orbite will trade on the OTCQX®...

Shares of Century Aluminum Up 2.6%
08 OCT 20121MINS

Shares of Century Aluminum Up 2.6%

Century Aluminum, a company whose shares are moving quickly, is trading 2.6% higher to $7.38. The Dow Jones Industrial Average is now trading 13,437 and the S&P is trading 1,440. Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the...

Study questions long-term viability of Western Kentucky aluminum smelters
08 OCT 20124MINS

Study questions long-term viability of Western Kentucky aluminum smelters

A new study commissioned by the Kentucky General Assembly paints a gloomy picture for the continued survival of two Western Kentucky aluminum smelters — Rio Tinto-Alcan at Sebree and Century Aluminum at Hawesville. The study also casts doubt on the advisability of the state using scarce economic...

US$ 2 million from Alcoa to accelerate recycling
08 OCT 20122MINS

US$ 2 million from Alcoa to accelerate recycling

Alcoa and its charitable branch, the Alcoa Foundation, is to invest a sum of US$ 2 million in the new US Action to Accelerate Recycling (AAR) initiative to improve the domestic recycling rate. If landfill diversion targets are achieved, this would result in the avoidance of 850 metric tons of...

USA: Novelis moves closer to 80% recycled content
03 SEPT 20122MINS

USA: Novelis moves closer to 80% recycled content

Atlanta-based Novelis, a world-leader in rolled aluminium products, has today announced that it has moved a step closer to achieving its goal of using 80% recycled metals in its production processes. The company's second annual sustainability report shows an increase in the recycled content of its...

Ormet Blames AEP For Cutbacks
30 AUG 20123MINS

Ormet Blames AEP For Cutbacks

Ormet Chief Executive Officer Mike Tanchuk said the aluminum producer must curtail operations. American Electric Power will raise the company's electric bill by $20 million a year. In conjunction with the Worker Adjustment and Retraining Notification Act notice Ormet filed last month, Tanchuk's...

Century would profit at ratepayers expense: Consumer advocate
30 AUG 20123MINS

Century would profit at ratepayers expense: Consumer advocate

In a brief filed Tuesday, Century Aluminum officials said its shuttered aluminum smelter in Ravenswood "simply will not restart or operate" under a plan proposed by the Public Service Commission's Consumer Advocate Division. But if the PSC were to accept Century's special electric rate proposal,...

Cleveland Tank Offers Aluminum Replacement Tanks for Freightliner FL Series
30 AUG 20121MINS

Cleveland Tank Offers Aluminum Replacement Tanks for Freightliner FL Series

Cleveland Tank & Supply announced new, direct replacement DOT-certified aluminum Freightliner FL series tanks that can be shipped from stock within 48 hours. The company notes that the tanks offer significant weight savings and corrosion resistance over steel. The weight savings generate better...

U.S. Aluminum-Can-Recycling Rate at 65% in 2011
28 AUG 20122MINS

U.S. Aluminum-Can-Recycling Rate at 65% in 2011

The share of aluminum containers that were recycled in the U.S. in 2011 reached the highest point in 14 years, as can makers sought to reduce costs, a group of trade organizations said Monday. Recycled aluminum represented a 65.1% share of reported U.S. shipments of aluminum beverage cans last...

High Aluminum premiums mean less output operating at a loss': R.J. O'Brien
27 AUG 20121MINS

High Aluminum premiums mean less output operating at a loss': R.J. O'Brien

Record aluminum premiums have two major implications for the aluminum market, said R.J. O'Brien & Associates in a commodities research note. "Since the premiums are paid to the smelters, the revenues arising provide some offset to the fall in LME (London Metal Exchange) prices. Thus less production...

Counter-proposal created in Century special power rate case
21 AUG 20123MINS

Counter-proposal created in Century special power rate case

The state Consumer Advocate Division has created a counter-proposal to Century Aluminum's special power rate request that it says will protect customers from higher rates. Division director Byron Harris said he's dubbed the proposal, filed with the state Public Service Commission Monday, the "do no...

Century Aluminium terminates power contract with Big Rivers
21 AUG 20122MINS

Century Aluminium terminates power contract with Big Rivers

Century Aluminum has issued a 12-month notice to terminate its power contract with Big Rivers Electric Corporation for its Hawesville, Ky., smelter, citing unsustainably high power prices. Chief Executive Michael Bless noted the smelter "is competitive on the global market in every category other...

2013 Range Rover cuts weight with aluminum body
17 AUG 20122MINS

2013 Range Rover cuts weight with aluminum body

The redesigned 2013 Range Rover SUV goes on sale in the U.S. market in December featuring a sharply lighter body, improved fuel economy and better handling. The five-seat Range Rover has an all-aluminum unibody structure--a first for an SUV, Land Rover said. The body is 39 percent lighter than the...

 Noranda Aluminum Shares Climbed 1.3% Higher in Past 2 Weeks
16 AUG 20121MINS

Noranda Aluminum Shares Climbed 1.3% Higher in Past 2 Weeks

Two weeks ago on July 25th, 2012 Noranda Aluminum (NYSE:NOR) reported earnings and analysts, on average, expected earnings of $0.09 on sales of $355.4 million. The company actually reported EPS of $0.11 on sales of $371.7 million, beating EPS estimates by $0.02 and beating revenue estimates by...