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Perfectus Aluminum agrees to $549M settlement over customs duty allegations
15 May 20262MINS
Downstream
Perfectus Aluminum and several related businesses have agreed to pay a combined USD 549.5 million to resolve allegations tied to unpaid customs duties on aluminium extrusions imported from China. The settlement involves Perfectus Aluminum Inc., Perfectus Aluminum Acquisitions LLC and four affilia ...
OSH Cut to open a second high-tech factory near Cincinnati
14 May 20262MINS
Downstream
OSH Cut CEO, Caleb Chamberlain, announced last week that their second US factory is nearly operational and will be located in the Cincinnati metropolitan area. The company plans on investing USD 10 million to equip the 70,000 square-foot facility for on-demand metal fabrication, and it is anticipa ...

14 May 20263MINS
Downstream
Maan Aluminium Limited is showing signs of a sideways market trend after earlier bearish movements, according to recent technical and financial indicators. Weekly MACD indicators stay bearish, and monthly indicators continue to show mild weakness. Daily moving averages have turned mildly bullish, ...
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