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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Alcoa's $191m loss reflects shadow cast over US by euro crisis
Aluminium giant Alcoa kicked off the latest earnings season for America's biggest companies by reporting its first quarterly loss in more than two years. The $191m (£123m) fourth-quarter loss from Alcoa is the first evidence of the shadow that Europe's debt crisis is casting over the profits of...
Alcoa leads off earnings season
The unofficial start of corporate earnings season kicks off on Monday when Alcoa, the largest U.S. producer of aluminum, reports after the bell. Its results follow on the heels of dimming analyst expectations across the stock market. On Sept. 30, analysts projected that fourth-quarter earnings at...
Cardinal Aluminum says brings new extrusion press online
Cardinal Aluminum has started up a new extrusion press that is expected to boost capacity at the company's manufacturing complex in Louisville, Kentucky, Cardinal's owner, Chip Edwards, said in an interview. The newly completed project leaves Cardinal with one press in each of its two plants at the...
Shares of Century Aluminum Receive a Boost, Up 5.5%
One of today's notable stocks on the rise is Century Aluminum (NASDAQ:CENX), up 5.5% to $8.98. The S&P is currently trading 1.4% higher to 1,276 and the Dow Jones Industrial Average is trading 1.4% higher to 12,393. Century Aluminum share prices have moved between a 52-week high of $20.76 and a...
Commodity Trading Tips for Aluminium by KediaCommodity
Aluminium yesterday traded with the negative node and settled -0.19% down at 106.95 but overall the most in two weeks, paring the first annual decline since 2008, on bets that U.S. growth will buoy metals demand as the economy slows in China. The U.S. expanded at a rate of 1.8 percent this year and...
Novelis reports strong second quarter fiscal year results
Novelis Inc. reported net income attributable to its common shareholder of $120 million for the second quarter of fiscal 2012 compared to net income of $62 million for the same period in fiscal 2011. Shipments of aluminum rolled products totaled 720 kilotons for the second quarter of fiscal 2012, a...
Century Aluminum Shares Climbing Higher, Up 1.4%
Century Aluminum (NASDAQ:CENX) is one of today's biggest movers, up 1.4% to $8.49. The S&P is currently trading fractionally lower to 1,262 and the Dow Jones Industrial Average is trading fractionally lower to 12,267. Potential upside of 39.0% exists for Century Aluminum, based on a current level...
Shares of Century Aluminum Under Pressure, Down 5.2%
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 5.2% lower to $8.28. The Dow is down 1.1% to 12,170 and the S&P is currently down 1.1% to 1,252. Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the...
RNCOS E Services Private Limited: Innovative Application Leading to US Aluminum Industry Growth
A new research report launched by RNCOS titled, "US Aluminum Market Analysis", anticipates the aluminum market in the US to witness tremendous growth in the coming years. Innovative applications of aluminum by the introduction of light weight are further providing the necessary boost. Aluminum is...
Shares of Century Aluminum Under Pressure, Down 4.3%
One of today's stocks on the move is Century Aluminum (NASDAQ:CENX), down 4.3% to $8.27. The Dow is down 0.4% to 11,816 and the S&P is currently down 0.6% to 1,212. Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States....
US UBC recycling rate slips 9.2% in Nov.
Aluminum used beverage can (UBC) recycling rates reversed course in November, posting a decline after logging slight gains in October. However, the year-to-date total stands at 1.37 billion pounds, up 3.2 percent from the 2010 year-to-date total of 1.33 billion pounds.
Shanghai Metals Market Morning Review - 2011/12/19 Aluminum Market
The US dollar index dropped below 80 last Friday after the latest CPI date showed US inflation pressure stabilized in November. Investors’ risk appetite stayed depressed, however, amid concerns of possible downgrades for European countries. LME aluminum only gained USD 17/mt or 0.86% at USD...
Logan County plant’s technology a first for U.S.
An Australian company expects that its planned Logan County facility will reclaim about 25 percent of U.S. aluminum manufacturing waste that’s now going to landfills. Simon Wells, executive director of MHM Metals, which will do business under the name Alreco, said production at the old ITW building...
US rolls out welcome mat for MHM Metals
IF you are offering to invest millions of dollars and provide some jobs in the US at the moment, the Americans are happy to roll out the red carpet. Which is why Aussie company MHM Metals managed to get a standing ovation from Kentucky Governor Steve Beshear and a brace of officials this week after...
Bank of America (BAC) Analysts Now Covering Kaiser Aluminum (KALU) Stock
Equities research analysts at Bank of America (NYSE: BAC) initiated coverage on shares of Kaiser Aluminum (NASDAQ: KALU) in a research note issued to investors on Monday. They set a “buy” rating and a $54.00 price target on the stock. Separately, analysts at Stifel Nicolaus initiated coverage on...
Shares of Century Aluminum Under Pressure, Down 6.3%
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 6.3% lower to $9.53. The S&P is currently trading 2.0% lower to 1,230 and the Dow Jones Industrial Average is trading 1.8% lower to 11,966. Potential upside of 23.8% exists for Century Aluminum, based on a current...
DJ US Oct Unwt Coils Of Aluminum Imports -0.6% From Sep-Dec 9
U.S. imports of unwrought aluminum, not alloyed with uniformed cross sections of dimensions not greater than 9.5 mm in coils, fell 0.6% in October from from the previous month, but was up 12.4% from the previous year, the U.S. Commerce Department reported Friday.
INCAL 2011,a huge success,paves way for MOU
Organisers said the three-day INCAL 2011 was a huge success with participants, especially those from top aluminium markets, such as the US, China and Japan, expressing satisfaction over the outcome of the deliberations on promoting aluminium. The Aluminium Association of India and its US...
