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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Californians skeptical about state's 100-percent aluminum can recycling rate
The state of California has surpassed its goal of 75 percent for the recycling and redemption of aluminum cans by a huge margin. During the period of Jan. - June 2011, a total of 4,021,390,132 aluminum cans were recycled out of 4,023,599,419 cans sold. That equals an all-time high of 100 percent...
Futura Industries Plans $23 million Expansion To Its Utah Aluminum Processing Facility
“Futura Industries in Clearfield, Utah will invest an estimated $23 million to expand its plant that turns heated raw aluminum into parts used in various industries ranging from automotive parts to flooring, home improvement to fitness equipment manufacturing, a spokesman for the Utah Governor’s...
U.S. aluminum premiums jump on bullish outlook
Midwest spot market aluminum premiums for prompt delivery were up at the start of the year, underpinned by a healthier demand outlook and persistent cash-and-carry deals at the warehouses that have choked off spot metal flows, sources told Reuters. A series of output cuts last month at various...
Newton County aluminum plant to close; 146 to lose jobs
At least 146 employees of a Newton County aluminum extrusion plant will lose their jobs this summer when the facility is closed. The Bonnell Aluminum factory at Kentland, northwest of Lafayette, has been operating at a loss for several years, according to a statement from the parent Tredegar Corp....
China Zhongwang boosts overseas business
China Zhongwang Holdings Ltd, the world's second-largest manufacturer of aluminum extrusion products by volume, has set a goal of increasing the volume of its exports to the United States by fivefold in 2012, indicating the company's ambition to strengthen its overseas business. The company will...
Largest ship with Alcoa aluminum is christened
Alcoa Defense has congratulated Austal USA on the christening of the Coronado, an all-aluminum combat ship that will feature aluminum supplied by Alcoa Davenport Works. Inaugurated last month in Mobile, Ala., the Coronado is the second Independence-variant Littoral Combat Ship, or LCS, to be built....
Alcoa Foundation President Paula Davis Elected Vice President of Alcoa
Alcoa AA +0.39% announced today that the Alcoa Board of Directors has elected Paula Davis a vice president of the company. Davis has been President of the Alcoa Foundation since 2010. Founded more than 50 years ago, Alcoa Foundation is one of the largest corporate foundations in the United States,...
Century Aluminum Makes a Move: Down 2.8%
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 2.8% lower to $10.60. The S&P is trading lower by 0.7% to 1,307 and the Dow is trading 0.7% lower to 12,578. In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $7.25 and a high of...
Smelters close as aluminium price melts
Aluminium smelters are being closed across the globe. And there is the prospect of more to come from the industry's majors as well as its minors. Intended or not, the closures have helped reverse the metal's price decline of the past year. How many more closures might be needed to turn the price is...
Alcoa and Waste Management Recycle America Join Coalition for American Electronics Recycling
The Coalition for American Electronics Recycling (CAER) announced today that Alcoa, the world’s leading aluminum producer, and Waste Management Recycle America, North America’s leading provider of integrated environmental solutions, have joined the alliance. CAER represents U.S. companies that...
The aluminum alloy market: Report
Platts Report: The aluminum alloy market – strong but beset with uncertainty – examines in detail activity throughout the sector and beyond, in Europe, the US and Asia over the past few months and helps bring focus to the outlook of Q1 2012. The automotive industry is a major consumer of secondary...
Teamsters strike at Nichols Aluminum
Members of Teamsters Local 371 walked off their jobs at Nichols Aluminum and onto the picket line Friday as negotiations on a new contract reached an impasse. "The union indicated they were going to go on strike at 4:30 p.m. today and they did so," Thomas Brackmann, president of the west Davenport...
BHP hints that earnings expectations may be too high
BHP Billiton has used the platform of its December-half production report to remind the market that its nickel and aluminium divisions are not immune from the squeeze on profits caused by sharp declines in the metals' prices. The subtle warning that the market's earnings expectations for the two...
UPDATE-1-LME aluminium stocks hit record high above 5mln T
Stocks of aluminium held in warehouses monitored by the London Metal Exchange jumped to a record of above 5 million tonnes, as stocks were delivered against the LME's January contract, in part to free up capital, market participants said on Tuesday. "We've been saying for a little while that there...
Aluminum Producer Alcoa Gives a Lift to U.S. Equities
Wall Street railed today on projections from Aluminum Producer Alcoa that it sees increased demand for aluminum globally in 2012. The Dow rallied 94 points, the Nasdaq rallied 27 points and the S&P 500 rallied 13 points by midday in the U.S. session. Traders on OpenBook are primarily long on the...
Century Aluminum has the Highest Beta in the Aluminum Industry (CENX, AWC, AA)
Below are the three companies in the Aluminum industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Century Aluminum (NASDAQ:CENX) is highest with a beta of 2.1. Century...
Caustic soda demand to fall on more aluminium cuts – US Alcoa
Global demand for caustic soda will drop because customers will likely cut alumina and aluminium production in the coming weeks, executives at US-based metal producer Alcoa said on Wednesday. The Alcoa executives are in Houston this week to ask caustic soda producers to give them some relief from...
Reports: Aluminum Sheet, Plate, and Foil Manufacturing Industry in the U.S. and its International Trade
This 2012 publication of Aluminum Sheet, Plate, and Foil Manufacturing Industry report is the comprehensive market research guide for the industry. It contains the latest information on the industry's key financial data, competitive landscape, cost and pricing, and trends during the current...
