Tag: aluminum

EURANIMI warns of EU Commission's impending regulations on stainless steel imports, urging clarity for industry stability.

OndoSense radar sensor offers precise molten metal level measurement, enhancing productivity and safety in metal processing.

Reliance Steel & Aluminum Co. has recently acquired all of the capital stock of Alaska Steel Company, a full-line metal distributor headquartered in Anchorage, Alaska.

Analysts expect BHP Billiton Limited to write down the value of its Australian aluminum and nickel assets by some USD 4B in February in response to the continued strength of the Australian dollar and weak aluminum prices which have undermined hopes for a short term recovery.

US-based aluminum giant Alcoa expects aluminum demand to increase 7% to 49.4Mt in 2013, up 1% from the 6% growth experienced in 2012, according to CEO Klaus Kleinfeld. The bump in global demand will be bolstered by an 11% expansion in demand from China, as well as strong growth from Brazil (3%), Russia (1%) and India (3%), Kleinfeld said during a conference call to discuss the company's financial results. The change in demand from North America and Europe should remain relatively similar to last year, with North America seeing a 4% increase in demand (equal to the 2012 growth figure) and European demand, which fell by 2% in 2012, declining by just 1% year-on-year in 2013. Globally, the company is looking at growth in all of its end markets this year, Kleinfeld said. As a result of the expected demand growth, Alcoa is projecting a 200,000t alumina deficit and a 535,000t aluminum surplus in 2013.

German conglomerate Siemens' IT and engineering subsidiary in Brazil, Chemtech has successfully ended a consultancy developed for Brazilian aluminum producer CBA, part of local conglomerate Votorantim, in the municipality of Alumínio, São Paulo state.

Shandong Nanshan Aluminum Co. Ltd. has awarded SMS Siemag, Germany a contract for the supply of a 1+5 hot rolling mill for aluminum alloys.

Alcoa and the Invest in Iceland Agency announced

Pechiney SA is in the process of buying the equipment at the McCook Metals LLC mill located in McCook, Illinois and has announced its plans to shut down operations and transfer equipment to its plants in West Virginia and France once the deal is done.