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United States

US Fed keeps interest rates 1.75% higher than its target: What it means for the aluminium industry
Downstream
The US Federal Reserve has kept the interest rates unchanged, keeping the benchmark federal funds rate at 3.50-3.75 per cent for the fourth consecutive meeting. The decision, approved unanimously in a 12-0 vote by the Federal Open Market Committee (FOMC), was widely expected by financial markets and keeps the benchmark rate at its lowest level since November 2022. At first glance, the decision appears to be a routine policy hold. But for the aluminium industry, it offers a clearer picture o ...
Senior US officials to mark Century Aluminum's Mt. Holly expansion, boosting primary aluminium output by 10%
Primary AL
Update on the July 27 ribbon-cutting ceremony: Century Aluminum CEO Jesse Gary will be joined by US Secretary of Commerce Howard Lutnick, Senior Counselor to President Trump Dr Peter Navarro and South Carolina Attorney General Alan Wilson as the company celebrates the expansion of its Mt Holly aluminium smelter. The inauguration time has been updated to July 27, from 2:00 PM to 3:00 PM. US Secretary of Commerce Howard Lutnick, US Senator Tim Scott and South Carolina Governor Henry McMaster wi ...

Downstream
US-based semi-fabricated aluminium producer Kaiser Aluminum Corporation reported its strongest-ever second-quarter (Q2) financial performance for the period ended June 30, 2026, supported by higher aluminium prices, stronger conversion revenue and improved operating performance. The company also maintained its quarterly dividend at USD 0.77 per share. Financial highlights: Q2 2026 vs Q2 2025 The financial performance of Kaiser strengthened considerably over Q2 2026, surpassing the financial ...
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