Author: stephanieritenbaugh

The LME price for aluminum spiked at the start of the US/Israel war on Iran and has lately hovered around $3,400-$3,600 per ton, not yet breaching $4,000.

The upgrades are expected to increase capacity by up to 75,000 metric tons, the company said in an announcement.

The Bowling Green operation will function as a full-cycle aluminum production site. Capabilities will include extrusion, anodizing, and finishing capabilities, allowing AKFA to perform multiple processing stages within a single US location rather than relying on external tolling or offshore finishing.

“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.

There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.

Anton Posner, CEO of Mercury Resources, will join Steel Market Update and Aluminum Market Update for a Community Chat on Thursday, May 14, at 11 am ET.

The US has released new procedures allowing steel and aluminum producers in Canada and Mexico to qualify for reduced Section 232 tariffs. But only if they commit to building new production in the US.

Emirates Global Aluminium plans to acquire an 80% stake in Italian aluminum recycling company Eco Green.The deal marks the latest expansion for EGA.

Under the deal, Constellium will supply Airbus with a wide range of extrusions manufactured using advanced aluminum alloys, and Constellium’s aluminum-lithium product, Airware.

Two of the three planned cold mills are ramping operations and producing prime products. A third cold mill is scheduled to commission in Q3’26.