
Manufacturing tax credit to sunset under Trump bill
The bill signed last week will sunset Section 45x, the advanced manufacturing tax credit, by 2030.
The bill signed last week will sunset Section 45x, the advanced manufacturing tax credit, by 2030.
The recertification, which is valid for three years, includes the company’s ingot casting, rolling of aluminum coils and strips, extrusion, fabrication and surface finishing, and the manufacturing of aluminum tubes.
Demand is holding steady, but on-again, off-again tariffs continue to sow uncertainty in the markets, according to AMU’s monthly market survey.
Aluminum Market Update’s exclusive survey of the aluminum industry is now available to subscribers
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
Not surprising, the major challenge to either restarting or building primary capacity pivots around finding affordably priced energy.
Since March 21 when UAE announced plans to invest $1.4 trillion in the US, including an aluminum smelter, the market has been waiting for details. Now, we have some.
While Michigan-based Superior did not name the “large North American OEM customer”, the scale suggests a major Detroit-based automaker.
In a quarter where aluminum prices rallied and shipments nudged upward, Novelis found itself caught between expansion plans and unfortunate timing.
The partnership could reshape how recycled aluminum is processed and delivered to customers across the United States.