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Aluminum Makers Seek U.S. Action on China to Counter Weak Yuanal
30 JUN 20112MINS

Aluminum Makers Seek U.S. Action on China to Counter Weak Yuanal

Aluminum-product makers filed a lawsuit to force the U.S. Commerce Department to levy tariffs on Chinese imports, countering the effect of a currency the companies deem to be undervalued. In a case at the Court of International Trade in New York, the makers of products used in door frames, gutters...

Rio Alcan plant in Saguenay to get $3-Kaiser Aluminum Reaches New 52-Week Highmillion investmentLongest Drop in Six Years
29 JUN 20112MINS

Rio Alcan plant in Saguenay to get $3-Kaiser Aluminum Reaches New 52-Week Highmillion investmentLongest Drop in Six Years

Kaiser Aluminum Corporation (Nasdaq:KALU) hit a new 52-week high Tuesday as it is currently trading at $53.84, above its previous 52-week high of $53.65 with 7,617 shares traded as of 10:01 a.m. ET. Average volume has been 168,200 shares over the past 30 days. Kaiser Aluminum has a market cap of $1...

Aluminum usage in cars to grow in US market
28 JUN 20112MINS

Aluminum usage in cars to grow in US market

US automobile production has rebounded from the global recession and the combination of more cars being made and tighter fuel efficiency standards will mean greater use of aluminum. Mr Lloyd O’Carroll senior vice president and metals equity analyst for Davenport & Company said that an aluminum...

President Barack Obama to visit Alcoa plant
27 JUN 20112MINS

President Barack Obama to visit Alcoa plant

On Tuesday, June 28, President Barack Obama will visit Alcoa's Davenport, Iowa, facility where he will highlight the role of advanced manufacturing in US job creation and exports. Alcoa has developed 95% all aerospace alloys ever created. The visit comes on the heels of Alcoa's newest aviation...

Recycled Aluminum Beverage Can Rate Increases
24 JUN 20112MINS

Recycled Aluminum Beverage Can Rate Increases

The Aluminum Association (www.aluminum.org), the Can Manufacturers Institute (CMI) and the Institute of Scrap Recycling Industries (ISRI) have announced the United States. recycling rate for aluminum beverage cans has reached 58.1 percent in 2010. In 2008, the Aluminum Association set a goal of...

Aluminum Usage In Cars To Grow — Davenport & Co
24 JUN 20112MINS

Aluminum Usage In Cars To Grow — Davenport & Co

U.S. automobile production has rebounded from the global recession and the combination of more cars being made and tighter fuel efficiency standards will mean greater use of aluminum, said an aluminum industry analyst. Automobile production in the U.S. rose 38% in 2010 and is up another 11%...

Alcoa preparing for presidential visit
24 JUN 20111MINS

Alcoa preparing for presidential visit

Alcoa’s Davenport Works still is working to finalize details on President Obama’s visit next week to the Riverdale plant, a company spokesman said today. John Riches said company representatives are meeting with the president’s advance team to determine what Obama will see Tuesday when he visits...

Alcoa preparing for presidential visit
24 JUN 20111MINS

Alcoa preparing for presidential visit

Alcoa’s Davenport Works still is working to finalize details on President Obama’s visit next week to the Riverdale plant, a company spokesman said today. John Riches said company representatives are meeting with the president’s advance team to determine what Obama will see Tuesday when he visits...

    Aluminum’s Premium Gains Being Fueled by LME Warehouse Rules, Harbor Says
23 JUN 20112MINS

Aluminum’s Premium Gains Being Fueled by LME Warehouse Rules, Harbor Says

London Metal Exchange rules are creating delivery bottlenecks for aluminum that are boosting prices and causing seven-month delays at Detroit warehouses, commodity researcher Harbor Intelligence said. Warehouses monitored by the LME, the world’s largest metals exchange, are obliged to deliver a...

US Aluminum Industry
22 JUN 20111MINS

US Aluminum Industry

The country produces over $40 billion worth of products and exports. US-based aluminum companies are the biggest producers of aluminum in the world as well. Operating in over 35 states through 300 plants, the aluminum industry in the US employs over 150,000 people and has an output of over 25...

Stable-Higher Aluminum Expected From Participants, Delegates At Conference
22 JUN 20111MINS

Stable-Higher Aluminum Expected From Participants, Delegates At Conference

Analysts and delegates attending an aluminum conference in Chicago this week look for stable to higher prices and premiums next year. A series of speakers at Harbor Intelligence’s Annual Aluminum Outlook Conference spoke on topics such as improving demand helped by the auto and commercial aircraft...

    US aluminum can recycling rate reaches decade-high 58.1% in 2010
22 JUN 20111MINS

US aluminum can recycling rate reaches decade-high 58.1% in 2010

The US recycling rate for aluminum beverage cans reached 58.1% in 2010, slightly above the 2009 used beverage can recycling rate of 57.4% and marking its highest rate in over a decade. Nearly 56 billion aluminum cans were recycled in 2010, the Aluminum Association, Can Manufacturers Institute and...

China government considers canceling aluminum rebates
21 JUN 20111MINS

China government considers canceling aluminum rebates

China’s central government may cut its tax rebate for the nation’s aluminum exporters in light of punitive actions taken by the United States. Specifically, tax rebate on exports of certain semi finished aluminum products may be cut to 9% from 13%. The source said that the government may encourage...

China government considers canceling aluminum rebates
21 JUN 20111MINS

China government considers canceling aluminum rebates

China’s central government may cut its tax rebate for the nation’s aluminum exporters in light of punitive actions taken by the United States. Specifically, tax rebate on exports of certain semi finished aluminum products may be cut to 9% from 13%. The source said that the government may encourage...

Aluminium service centre shipments in US and Canada continue to grow
20 JUN 20111MINS

Aluminium service centre shipments in US and Canada continue to grow

May aluminium shipments from US metals centres totalled 127,400 tonnes or 31.4% more aluminium than in May 2010. For the year to date, shipments of aluminium totalled 629,300 tonnes or 27.8% more volume of the metal than last year. Month end aluminium inventories of 362,900 tonnes were 29.4%...

Aluminium service centre shipments in US and Canada continue to grow
20 JUN 20111MINS

Aluminium service centre shipments in US and Canada continue to grow

May aluminium shipments from US metals centres totalled 127,400 tonnes or 31.4% more aluminium than in May 2010. For the year to date, shipments of aluminium totalled 629,300 tonnes or 27.8% more volume of the metal than last year. Month end aluminium inventories of 362,900 tonnes were 29.4%...

Aluminum Association releases video honoring the flags unsung partner
16 JUN 20111MINS

Aluminum Association releases video honoring the flags unsung partner

In honor of US Flag Day, the Aluminum Association is paying tribute with a video of the flag and its unsung partner the flagpole. The video includes images of the American flag flying over various US historical locations as well as the extrusion process used to create flagpoles. Aluminum...

Aluminum Stockpiles Fall the Most Since November, LME Data
14 JUN 20111MINS

Aluminum Stockpiles Fall the Most Since November, LME Data

Aluminum inventories tracked by the London Metal Exchange fell the most since November, daily exchange figures showed today. Aluminum stockpiles fell 9,000 metric tons, or 0.2 percent, to 4.64 million tons, the most since Nov. 10, led by declines in the U.S. and South Korea. Inventories fell for...