Constellium Reports Revenue Drop Of 17 Percent In 2020
European value-added aluminium firm Constellium NV reported results for the final quarter and full year of 2020 earlier this week....
Staff
Kaiser Aluminum Reports 22 Percent Decline In Net Sales For 2020
California semi-fabricated specialty aluminium producer Kaiser Aluminum released results for the final quarter and full year of 2020 earlier this week. Despite economic challenges presented by the novel coronavirus, the firm returned solid results largely due to robust demand in automotive, defense,...
Rusal America Inks Contract To Supply Almexa With Low-Carbon Aluminium ALLOW
En+ Group announced this week that its subsidiary Rusal America Corporation (RAC) has signed an agreement with Mexico’s aluminium rolled...
AEC Asks Commerce To “Pause And Reevaluate” Its Decision On New Section 232 Exclusion Process
American aluminium trade group The Aluminum Extruders Council (AEC) released a statement on Monday calling upon the United States Department...
Events
Glencore Wins Ruling In Long-Running Federal Antitrust Case
A judge in the United States has limited the scope of an antitrust action against Glencore plc, JPMorgan Chase, and Goldman Sachs. Several aluminium purchasers brought suit against the trio in 2013 alleging that they colluded to fix prices for the metal rather than allow natural market forces to determine it. However, District Judge Paul […]
Rio Tinto To Close Dutch Anode Plant Aluchemie
Anglo-Australian metals mining giant Rio Tinto Group announced last week its decision to cease operations at Aluchemie, its stand-alone anode production plant in the Netherlands. Rio Tinto said in a press release that the plant is a victim of a strategic review it conducted of the plant, citing a weak competitive position and difficult market […]
Aluminum Association Petitions US Commerce Department For Limits On Section 232 Exclusion Requests
Aluminium sector trade group Aluminum Association relayed to the United States Commerce Department its recommendations for adjusting Section 232 tariffs on aluminium and steel last week, advising it on changes it would like to see to the newly-created category of “general approved exclusions,” or GAE. “Reflecting member feedback, we urged the department to revisit the […]
Rusal Inks Supply Agreement With Auto Parts Maker Kosei On Low-Carbon Aluminium
Russian Federation aluminium titan UC Rusal announced earlier this week its selection by global wheel and automotive component maker Kosei to be its global supplier of high-quality aluminium alloys. Rusal says it will be selling its proprietary low-carbon aluminium ALLOW to Kosei. ALLOW emits roughly 2.4 metric tons of CO2 per metric ton of metal […]
Gränges’ Finspång Automotive Aluminium Plant Earns Provisional ASI Certification
The Aluminium Stewardship Initiative (ASI) and Swedish rolled aluminium firm Gränges AB announced earlier this week that the firm’s Finspång AB plant in Sweden has been provisionally certified against the ASI’s Performance Standard for responsible aluminium production. The plant has been operating for just shy of a century, designing and manufacturing rolled strip and sheet […]