AMU Summit: OEMs push more aluminum processing to service centers
Kloeckner says aluminum service centers are taking on more processing, finished inventory and production line work as OEMs shift capital-intensive steps upstream.
Kloeckner says aluminum service centers are taking on more processing, finished inventory and production line work as OEMs shift capital-intensive steps upstream.
Hydro increased North American extrusion sales and recycled aluminum production during the second quarter as downstream demand partially recovered and recycling activity remained strong.
Matalco recorded its highest quarterly recycled aluminum production since the Canton closure began, while Rio Tinto's primary output held nearly steady and US shipments decreased.
Nexans plans to acquire Republic Wire to expand its US low-voltage wire and cable business.
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.
Aluminum executives say geopolitical tensions are reshaping logistics and trade flows, but demand remains stable as the supply chain adapts to ongoing disruptions.
Extruders flagged mounting Gulf supply risks, tight US inventories, and a shift toward scrap-driven billet economics.
Rio Tinto's aluminum supply agreement with Prysmian highlights tightening redraw rod availability in North America as tariffs, smelter closures and cable demand reshape supply.
The company expects to invest more in 2026.
Recent earnings from major HVAC manufacturers show residential demand constrained by channel adjustments, while commercial activity - especially in the Americas - remains the primary source of volume support.