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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QuesTek Wins Grant to Develop A High-Strength, Thermally-Stable Aluminum Alloy
QuesTek Innovations LLC has been awarded a Small Business Innovation Research (SBIR) Phase II project from the U.S. Air Force Research Laboratory (AFRL) to apply QuesTek's Materials by Design technology to design and develop a new high-strength, thermally-stable aluminum alloy. The 2-year contract...
Alcoa provides Aluminum Amah tips to Austal USA
Alcoa Inc (NYSE:AA) has announced that it has delivered a set of two “ready for installation” aluminum Amah tips to Austal USA for use on the future Littoral Combat Ship USS Jackson (LCS 6). An Amah tip is the leading edge of the all-aluminum, trimaran-type vessel’s outrigger, or amah, and is more...
US and India may join China to become the biggest aluminium producers
In 2000, China represented roughly 12% of global production and the fact that it’s now 45% illustrates the seachange that the development of China has meant for the aluminium market. In addition, India and the US are also becoming increasingly attractive to be major aluminium producers. This trend...
Kedia Commodity offers tips for Aluminium Commodity Trading
Aluminium yesterday traded with the positive node and settled 0.28% up at 106.1 as US dollar index stayed near 80 as better-than-expected retail sales in the US continue to support the reserve currency while Spanish debt causes worries towards the euro zone debt crisis to stay. LME aluminum moved...
Aluminum Warehouse Orders, Premiums Signal Scarcity of Metal
Rising orders to draw aluminum from warehouses and higher premiums for the lightweight metal signal a tightening market even as London Metal Exchange stockpiles remain near February’s record high. Thirty-three percent of aluminum inventories monitored by the LME are awaiting delivery from...
Hydro's Matt Aboud elected to Aluminum Association’s Board of Directors
Matt Aboud, vice president and managing director of Hydro's Metal Markets business in the U.S., will join the Board of Directors of the Aluminum Association, an organization that works globally to promote aluminium as a sustainable and recyclable material. “I think there still is a lot of potential...
Aluminum maker Alcoa reports surprise 1Q profit on higher revenue; could boost slumping stocks
Alcoa may have given a slumping Wall Street just what it needed: a surprise profit. The largest U.S. aluminum manufacturer said Tuesday that it earned 9 cents share in the first quarter. It surpassed analyst forecasts for a small loss by selling more aluminum to a wide range of customers, including...
UPDATE 1-Alcoa Ups 2012 Aerospace Demand Forecast
Alcoa Inc N> has raised its forecast for aerospace demand growth this year by 3 percentage points, Chief Executive Officer and Chairman Klaus Kleinfeld said in an interview on Tuesday. Speaking with CNBC, Kleinfeld also reiterated the U.S. aluminum producer's 2012 demand growth forecast for the...
Aluminum commodity slides for sixth straight session after FOMC minutes
Aluminum posted its sixth straight session of losses. The tone turned negative early in Wednesday's London Metal Exchange session following the release of Federal Open Market Committee minutes late Tuesday that removed hopes of imminent U.S. monetary easing, Triland Metals says. "However the mood...
MIT: Time to Act on Contaminants in Recycled Aluminium
New research by the Massachusetts Institute of Technology (MIT) has shown that while aluminium has long been the poster child of recycling, problems may arise unless measures are taken to reduce impurities that can build up as aluminium is recycled over and over again. According to the Institute,...
Noranda Aluminum Holding Upgraded to “Buy” at Bank of America (NOR)
Noranda Aluminum Holding (NYSE: NOR) was upgraded by Bank of America (NYSE: BAC) from a “neutral” rating to a “buy” rating in a research note issued on Monday. The analysts wrote, “[We] think the negative catalyst of private equity owner Apollo’s share sale has passed. NOR announced a $1.25/shr...
Global and China Automotive Wheel Hub Industry Report 2011-2012
In China, aluminum wheel hub manufacturers can be divided into two categories, aftermarket-oriented, mainly referring to small- and medium-sized producers, and OEM market-oriented, chiefly large-sized ones. Aftermarket consists of domestic and foreign types, there are numerous small-sized...
West Virginia Gov marking tax to reopen Century aluminum plant
Hoping to restore hundreds of manufacturing jobs, Gov. Earl Ray Tomblin signed tax legislation Monday meant to help Century Aluminum reopen its Jackson County plant. But several hurdles await as the California-based metal producer considers restarting the Ravenswood smelter that it idled in 2009,...
$20 million Alstom investment in Hornell would give new life to old Erie shops
A $20 million investment. At least 500 new jobs. That is what award of the Bay Area Rapid Transit contract could mean for Alstom. A 775-car job for the San Francisco Bay area commuter service would spur the deepest level of investment in Hornell yet by the French transportation giant, with a...
US primary aluminum market sees solid demand, traders lift premiums
Premiums for P1020 aluminum have continued strengthening this week, as traders reported more deals to consumers and claimed close-freight consumers were not getting their previous discounts. The Platts premium rose another 10 points Tuesday over LME cash, moving to 8.9 cents/lb from 8.8 cents last...
Noranda Aluminum Holding Corp Shares Cross Above 200 DMA
In trading on Monday, shares of Noranda Aluminum Holding Corp (NYSE: NOR) crossed above their 200 day moving average of $10.59, changing hands as high as $10.78 per share. Noranda Aluminum Holding Corp shares are currently trading up about 0.9% on the day. The chart below shows the one year...
WV expects to break even on Century Aluminum tax break
West Virginia state officials estimated a net zero effect on the general revenue fund for a $20 million tax incentive for Century Aluminum, leaving a difference of $14.1 million projected by a 2007 study. Deputy Revenue Secretary Mark Muchow said the difference is caused because his office went...
Aluminum Industry announces Aluminum Week 2012 in Chicago.
Three major trade associations representing the aluminum industry will host Aluminum Week this October in Chicago. The Aluminum Association (AA,) Aluminum Extruders Council (AEC) and Aluminum Anodizers Council (AAC) will co-locate their meetings to increase cooperation and communication among...
