EGA advances Al Taweelah restart
EGA reported progress restoring its Al Taweelah complex while US import data highlighted changing aluminum trade flows following the regional conflict.
EGA reported progress restoring its Al Taweelah complex while US import data highlighted changing aluminum trade flows following the regional conflict.
AMU's June survey showed weaker demand, fewer extending lead times and less inventory building, though respondents largely stopped short of forecasting an oversupplied market.
Steel Dynamics will relocate a planned Arizona recycled aluminum slab casting center to Mississippi after citing risks tied to differences with Arizona officials and recording a $16 million write-down.
Hydro attributed the decision to low capacity utilization and the need for significant capital investment
CRU's May outlook reduced 2026 growth expectations for several aluminum product categories, while its largest long-term forecast revision occurred in rolled products.
The labor contract covers workers at Alcoa's smelters in Massena, N.Y., and Warrick, Ind.
A June 1 proclamation expanded the list of equipment products eligible for temporary 15% Section 232 tariff treatment and established an 85% domestic content threshold for products eligible for a 10% rate.
The Lebanon facility will effectively double the company's total annual processing capacity to an estimated 240 million pounds.
The contract covers roughly 3,400 workers in Davenport, Iowa; Alcoa, Tenn.; Lafayette, Ind.; and Massena, N.Y.
Meanwhile, USW reached a tentative agreement with Arconic on a three-year master agreement covering workers at four facilities.