Hydro Q1: Upstream production rises as North American extrusion demand declines
Hydro's Q1 results show higher prices supporting margins despite weaker North American demand and ongoing Middle East curtailments.
Hydro's Q1 results show higher prices supporting margins despite weaker North American demand and ongoing Middle East curtailments.
Constellium held shipments flat in Q1 as automotive sheet constraints reshaped mix, while higher metal prices and scrap spreads supported earnings.
Gränges posted higher first-quarter volumes on market share gains, while pricing and mix in the Americas drove most of the profit growth despite weak end markets.
First-quarter earnings show aluminum markets identifying supply risk across value-added products, but not yet experiencing measurable disruption.
Emirates Global Aluminium plans to acquire an 80% stake in Italian aluminum recycling company Eco Green.The deal marks the latest expansion for EGA.
Glencore's acquisition of a 45% stake in a South Carolina recycling facility alongside Alumicore marks a shift from marketing rights to equity in US scrap-fed aluminum operations.
Toyota's Kentucky and Indiana investments point to a localized, scrap-based aluminum supply chain tied to engine production.
GM's $150M Saginaw investment targets V-8 tooling, with plant data outlining capacity, utilization and aluminum input structure.
Survey responses show demand at a reduced level, with buying ahead, tightening supply, and limited imports shaping market activity.
Extruders flagged mounting Gulf supply risks, tight US inventories, and a shift toward scrap-driven billet economics.