Tag: Aluminum

EU restrictions on Russia, Canadian tariffs, scrap leakage and more

Many people have shaken off the post-holiday blues. But for primary aluminum operators, “power blues” are enduring.

US mill secures $22 M funding for Nexcast project US-based rolling mill, Golden Aluminum, has secured $22.3 million in government funding for its next generation mini mill project. The company was awarded the funding from the US Department of Energy’s Office of Clean Energy Demonstrations initiative at the end of November. Golden Aluminum plans to […]

We are quickly approaching Inauguration Day. The market still has no definitive clue as to how the Trump administration will execute on its threat to apply universal tariffs to all imports. Compounding this are the threats to apply 25% duties against our USMCA partners - Canada and Mexico.

The company said the biggest headwind it's facing is the downturn in manufacturing.

AZZ Inc. is looking to make some deals after focusing on paying down debt.

The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.

Recovery continues but geopolitical risks remain for 2025

The size of the capital structure and the composition of the owners are telling statements about the importance that Beijing has assigned to this venture.

“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.

In 2024, volatility with a capital “V” has been the rule. That will remain high heading into 2025.

A roundup of CRU's weekly aluminum news.

Highlights from the aluminum industry this week

Prices were stable to down in November for all seven steelmaking raw materials tracked by SMU, according to our latest analysis.

Aluminum highlights for the week

A look at this week's aluminum news

The investment is aimed at growing Kloeckner’s automotive and industrial segment in the US and Mexico.

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.

Steelmaking raw material prices strengthened for all but one product in October, a change in pace compared to recent months, according to SMU’s latest analysis.

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 […]

Steel Dynamics Inc. remains optimistic about its prospects as it ramps up flat-rolled steel operations and prepares for the production of aluminum products next year. Executives from the Fort Wayne, Ind.-based steelmaker provided an update on the company’s operations on a conference call on Thursday held to discuss SDI’s third-quarter earnings results.

A roundup of the week's CRU aluminum news.

A roundup of the week's CRU aluminum news.

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.

Whether as a guitar player in a rock and roll band or as a high-powered executive at Steel Dynamics Inc. (SDI), it’s all about the team for SDI’s Barry Schneider.