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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Aluminum Premiums to rise in next 12 to 18 Months: Rusal
United Co. Rusal, the world’s biggest aluminum producer, said physical premiums will continue to rise in the next 12 to 18 months as so-called financing deals tie up metal stockpiles and demand grows. About 65 percent of aluminum stockpiles monitored by the London Metal Exchange are locked in...
Demand for aluminium shoots up in US
The US Aluminium Association has estimated tha total aluminium demand in the United States and Canada for the first quarter of 2012 totalled 5.8 million lb, a 7.5% increase over the first quarter of 2011. "Because of aluminium's low-weight and durability, people are turning to it for new and...
Constellium plant workers still on strike
Seven hundred aluminum plant workers remained on strike Monday in Jackson County as union and company officials failed to reignite talks. Questions remained unanswered about the strike by United Steelworkers Local 5668 at Constellium's rolled aluminum plant in Ravenswood. The company and the union,...
Hydro to close Monett extrusion plant, add operations in Phoenix
Hydro is making adjustments to the structure of its aluminum extrusion network in the United States. The company has today announced that it will cease extrusion operations at its facility in Missouri, and that it will bring new fabrication activities to its plant in Arizona. The Monett-based...
Chinese Automotive Wheel Export Reached US$4.382 Billion in 2011
According to the Global and Chinese Automotive Aluminum Wheel Industry Report, released by Research and Markets, the Chinese wheel export reached US$4.382 billion in 2011. Steel wheels accounted to US$696 million with a 40% growth and aluminum wheels reached US$3.886 billion with a 24.8% increase,...
KediaCommodity offers Trading Tips for Aluminium
Aluminium yesterday traded with the positive node and settled 0.1% up at 103.55 as rebound in euro and the far-better-than-expected GDP in 2Q in the US supported the prices. It was reported euro zone countries and European central bank plan to intervene the financial market to help lower loan costs...
Workers at Ravenswood rejected a proposed five-year contract
Workers at Constellium Rolled Products in Ravenswood have overwhelmingly rejected a proposed five-year contract. Randy Moore of the United Steelworkers of America tells the Sunday Gazette-Mail about 700 members of Local 5668 at the aluminum rolling plant cast their votes on the company's proposed...
Century Aluminum wants lower power rates to re-open its Ravenswood smelter
Thursday, 26th July, Century Aluminum begins pleading its case before the public. The company wants lower power rates to keep its smelter operating. The good news is, Century Aluminum and Big Rivers are talking again. The bad news is they still don't agree on much. Century Aluminum officials say...
LME aluminum to move within USD 1,860-1,890/mt: SMM Morning Review
An ECB official expressed support for the European Stability Mechanism to get a banking license so as to borrow from the European Central Bank to help solve the region’s debt crisis. This pushed the euro to the 5-day moving average and LME aluminum to a high of USD 1,893/mt. The disappointing and...
Aluminium prices may fall further: Sucden Financial
Aluminium prices may have further to fall as sentiment continues to become more bearish on the eurozone debt crisis and slower economic growth in the US, Sucden said in its quarterly metals report Wednesday. The brokerage said that there were a lot of "cross currents" affecting the aluminium market...
Aluminium Importers Stocking Up on aluminium
From the soda can you hold in your hand, to the building in which you stand in, materials made from aluminum are all around us. The aluminum industry, and the metal industry in general, play an important role in determining the strength of the manufacturing and construction sectors in an economy....
Noranda Aluminum stocks declared oversold
In trading on Monday, shares of Noranda Aluminum Holding Corp (NYSE: NOR) entered into oversold territory, changing hands as low as $6.17 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of...
Steelworkers' labor contract with Constellium rolling mill at Ravenswood set to expire
The United Steelworkers' labor contract with Constellium Rolled Products' aluminum rolling mill at Ravenswood is set to expire this weekend, according to several knowledgeable sources. The mill employs about 1,000 people. It is Jackson County's largest employer. Jason Miller, president of...
Century Aluminum shares fall below previous 52-week low
Shares of Century Aluminum (NASDAQ:CENX) traded at a new 52-week low today of $6.20. So far today approximately 2.9 million shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares. Potential upside of 39.2% exists for Century Aluminum, based on a current level of...
US Importing Iranian Aluminum Despite Sanctions
US companies are importing material from Iranian Aluminum Co (Iralco) using an administration waiver needed to circumvent the sanctions against Iran, sources in the aluminum market said. "Goldman Sachs cancelled a large volume of Iralco material in Pacorini's warehouses in Johor," a source at a...
LME explores aluminum expansion in North America
The London Metal Exchange is considering launching a North American aluminum contract, sources say, a measure that could expand the footprint of its most-active futures market. Discussions are still at an early stage, but the LME has begun to canvas physical traders and consumers about the...
Aluminum Association Testifies Before House Subcommittee on Environment and the Economy
Vice President for Environment, Health and Safety Charles Johnson testified before the House of Representative's Energy and Commerce Committee, Subcommittee on Environment and the Economy. The Association's testimony was related to the discussion draft bill entitled "The Increasing Manufacturing...
The light metal lost USD 20/mt or 1.07% to settle at USD 1,848/mt: SMM Morning Review
Higher borrowing costs for Spain and Italy have added to worries on the European debt crisis. US home prices rose for a third successive month, but the nation’s consumer confidence and manufacturing data have trailed estimates, weighing on LME aluminum prices. The light metal lost USD 20/mt or...
