North America

U.S. Treasury Secretary Lew Blasts China Regarding Aluminium Overcapacity

U.S. Treasury Secretary Lew Blasts China Regarding Aluminium Overcapacity

United States Secretary of the Treasury Jack Lew fired a verbal shot across the bow of the People’s Republic of China on Monday, taking the country to task for swamping the rest of the world with aluminium and steel in recent years....

Events

Alcoa Seeks Declaratory Relief Regarding Rights Issue with Alumina Ltd

Alcoa’s planned split has run into a snag due to Australia’s Alumina Ltd and comments it has made regarding the “serious concerns” it has for the demerger’s impact upon a joint venture in which both parties have substantial interests. The Melbourne firm said in a statement that it was concerned that the split would “result […]

U.S. Scientist Develop Improved Method for Bonding Aluminium to Carbon Fiber

Scientist at the United States Department of Energy’s Oak Ridge National Laboratory in Tennessee have developed a new, more cost-effective method for joining carbon fiber composites and aluminium. This new process could make it even easier to utilize these materials in the process of lightweighting consumer cars and trucks. The technique for bonding aluminium and […]

Aluminium Demand in Q1 Up 0.7% in United States and Canada: Aluminum Association

According to newly-released data, aluminium demand in the United States and Canada rose 0.7% year-on-year over the first three months of 2016. When measured by shipments by domestic producers plus imports, demand for the first quarter was 6.55 billion lbs according to estimates from the Aluminum Association. Although apparent consumption (demand less exports) was down […]

Novelis Opens Third Automotive Aluminium Finishing Line in Upstate New York

Atlanta rolled aluminium firm Novelis Inc. commissioned its third automotive finishing line in Oswego, New York, yesterday. It is the result of the company’s US$120 million investment in turning out aluminium parts for Ford Motor Company’s F-150 light truck. “As a result of our investments across the globe, Novelis is able to offer our automotive customers […]

CME Debuts New Aluminium Alloy Futures Contract

American derivatives marketplace CME Group (Chicago Mercantile Exchange & Chicago Board of Trade) announced on Monday it would introduce a new futures contract for an aluminium alloy early next month. The contract, called Aluminum A380 Alloy (S&P Global Platts), will begin trading on June 6. “This new contract will provide our customers and market participants […]