Contributor: Marziyeh Horeh

A look at this week's aluminum news

A roundup of this week's CRU aluminum news.

A roundup of this week's CRU aluminum news.

A roundup of this week's CRU aluminum news.

Aloca reports strong results Alcoa‘s performance improved in Q3 due to reduced costs and higher alumina prices, the Pittsburgh-based company said in its Q3 financial results. The report coincided with an announcement on the future of Alcoa San Ciprián operations, in the Galicia region of Spain – a strategic agreement with IGNIS EQT, a Madrid-based […]

A roundup of the week's CRU aluminum news.

A roundup of the week's CRU aluminum news.

Both the LME three-month price and the SHFE rallied following the stimulus package announcement by the People’s Bank of China (PBoC). China's central bank announced its largest stimulus since the pandemic to combat deflation and to support economic growth. The comprehensive package includes increased funding and interest rate cuts. It aims to restore confidence in the economy amid disappointing data.

USTR’s final determination of Chinese tariffs The Office of the United States Trade Representative (USTR) announced its final decision concerning tariffs it will introduce against Chinese imports as part of its Section 301 investigation. The proposed modifications first announced in May were largely adopted, with several updates strengthening actions to protect American businesses. “Today’s finalized […]

A roundup of the week's CRU aluminum news.

A roundup of the week's CRU aluminum news.

CRU Aluminum Analyst Marziyeh Horeh shares a roundup of news making headlines in the aluminum markets this week.

CRU Aluminum Analyst Marziyeh Horeh shares a roundup of this week's news from the aluminum industry.

Here’s a roundup of some of the news making headlines in the aluminum industry this week from CRU’s Aluminum Analyst Marziyeh Horeh.

CRU Aluminum Analyst Marziyeh Horeh shares a roundup of this week's news from the aluminum industry.

A roundup of CRU aluminum news from the past week.

A roundup of aluminum news from CRU.

A roundup of aluminum news from CRU.

A roundup of CRU aluminum news.

A roundup of aluminum news from CRU.

A roundup of recent aluminum news from CRU.

Germany's Speira is investing €40 million (USD$43.3 million) for additional recycling capacity to drive the transformation of its Rheinwerk facility and achieve a total saving of up to 1.5 million metric tons (mt) of CO2 per year at the site, it was announced today.

A roundup of aluminum news from CRU.

The LME 3-month price for aluminum was broadly stable on the morning of May 24 and, at the writing of this article, was last seen trading at $2,627 per metric ton. The price fell sharply during the week from its recent peak amid hawkish comments from Fed officials, as indicated in the minutes of the […]

The Mexican federal government backed down on the application of tariffs on raw non-alloyed and alloyed aluminum decreed on April 22.

Constellium reported its latest quarterly results for Q1'24. Adjusted Ebitda came in at €137 million (USD$147 million), down 8.6% year over year (y/y) amid revenue of €1.7 billion (USD$1.8 billion), down 12% y/y. Shipments totalled 380,000 metric tons (mt) in Q1, representing a drop of 2% y/y.

Total domestic aluminum mill products orders in March were up 0.2% compared to March 2023, according to the latest “Index of Net New Orders of Aluminum Mill Products” released by the US Aluminum Association (AA). This is much lower than the growth of 9.3% year over year (y/y) reported in February.

The Biden administration this week announced landmark industrial funding to support potentially transformational industrial decarbonization projects. In total, thirty-three projects across eight industrial sectors will receive up to $6 billion in federal funds from the US Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED).

According to the latest “Index of Net New Orders of Aluminum Mill Products” released by the US Aluminum Association (AA), total orders in February 2024 were up 9.3% compared to February 2023. This is a noticeable improvement from the growth of 2.1% year over year (y/y) seen in January.

IAI reports aluminum industry greenhouse gas emissions declined in 2022.