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Fred Stephan replaces Keith Harvey as CEO of Kaiser Aluminum, effective November 2026
18 Aug 20262MINS
Downstream
Kaiser Aluminum Corporation has appointed Fred Stephan as its new Chief Executive Officer and President, replacing Keith A. Harvey, effective November 1, 2026. Stephan, 61, will also join Kaiser Aluminum's Board of Directors, increasing the board from nine to 10 members. His initial annual base salary will be USD 1.15 million, according to the company’s latest filing. His remuneration also includes a USD 3.8 million long-term incentive restricted stock unit (RSU) grant for 2026, along with a ...
China aluminium plate, strip and foil output holds up; peak season outlook clouded by rapid price rise
18 Aug 20263MINS
Downstream
In July, SHFE aluminium traced a bottoming-out-and-rebounding path with a choppy upward bias. The settlement price of the most-traded aluminium contract climbed steadily from around RMB 22,500 per tonne in early July and gained RMB 1,110 per tonne, up roughly 4.9 per cent, by month-end.  Even though July is a traditional off-season, China's aluminium plate, strip, and foil sector ran broadly stable. Weekly output eased modestly but held at about 390,000 tonnes, with operating rates staying in ...

17 Aug 20262MINS
Downstream
Authorities in Matanzas, Cuba, reportedly stopped two individuals from stealing eight aluminium tubes from the railing of the Matanzas Viaduct. The incident occurred on Wednesday, August 12, in the La Playa area. Police reportedly caught the suspects while they were removing the tubes from the bridge structure, preventing the theft and further damage to the railing. Officials did not disclose the individuals’ identities or specify whether they were formally detained. Authorities said they wo ...
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