Novelis May Increase Aluminium Can Sheet Production Should The Demand Arise
Although a shift in production to it is possible, an official from Atlanta’s rolled aluminium firm Novelis said this week...
North America
Aluminum Association Lauds USITC Decision On Dumping Of Aluminium Foil From Five Countries
The Aluminum Association applauded a move by the U.S. International Trade Commission (USITC) last week to unanimously determine that some aluminium foil imports from Armenia, Brazil, Oman, Russia, and Turkey are injurious to American producers of the same. The USITC’s decision opens...
Arconic Sees Sales Jump By 19 Percent In Third Quarter
Pittsburgh value-added firm Arconic Corporation released results for the third quarter of 2020 last week. Though numbers were down from...
Novelis Records Record Production, Financial Results In July To September Quarter
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial results for the first quarter of fiscal year 2021 on...
Events
Safety And Efficiency Upgrades Underway At Rio Tinto’s Vaudreuil Alumina Refinery
Anglo-Australian metals miner Rio Tinto Group said last week that it is planning a US$51-million upgrade to its Vaudreuil alumina refinery’s safety and efficiency. Per the firm, a trio of new buildings are currently under construction that will serve alongside the existing buildings as an area where the plant is centrally controlled. About 400 of […]
Century Aluminum Sustains US$58.2 MM Loss In Third Quarter, But Sees Market Recovery On Horizon
American aluminium smelter Century Aluminum released third-quarter results on Thursday. Like all firms, the company felt an impact from the economic struggle caused by COVID-19, but management says both the firm and the market are recovering. Shipments for the third quarter totaled 203,022 metric tons, down by 3 percent on the year from the second […]
Trump Rescinds Section 232 Tariffs On Canadian Aluminium, But Promises Reimposing Them Should Imports Spike
Donald Trump ended the import tariff on aluminium from Canada earlier this week, but he promised to reinstate it should shipments from the dominion spike at some point later this year. Trump’s announcement comes after a new agreement between the two governments that saw the reinstatement of Canada’s exemption to the administration’s Section 232 blanket […]
Gränges Resumes Production At North Carolina Aluminium Plant And Upgrades At Arkansas Plant
Swedish rolled aluminium firm Gränges AB said on Thursday that the Salisbury, North Carolina plant has been reopened and the upgrade of its Newport, Arkansas plant has resumed thanks to a rise in aluminium demand in recent months. The firm’s CEO Johan Menckel told investors on an earnings call that upgrades to the 20 thousand […]
Century Aluminum Issues Notice Of Impending Closure Of Mt. Holly Smelter To Plant’s Labor Force
American aluminium smelter Century Aluminum issued a notice to its employees at the Mt. Holly aluminium smelter that it intends to shut down production at the plant if a suitable power arrangement is not obtained to replace the contract it has with the South Carolina Public Service Authority (Santee Cooper). The contract for power between […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
