Can China succeed where Nigeria's ALSCON smelter failed?
Chinese firm GCL is exploring a 3 milllion-ton-per-year aluminum smelter in Nigeria, but historical failures and questionable capex estimates raise doubts.
Category: Global Trade
The Iran conflict's impact on demand, prices
Aluminum markets remain in flux as the US-Israeli attack on Iran enters its second week.
What stranded Persian Gulf shipments mean for the US market
These producers are not rookies. They understand how to manage the long supply chains from the Gulf into the US.
Persian Gulf smelter update: Shipments in and out remain challenging
The war in the Persian Gulf is still fluid and the risk to production and shipments remain grave
Pace expands plant closures, removing die-casting capacity from US network
Pace Industries plans to close two die-casting plants in Muskegon, Michigan, following the news of the planned closure of its Harrison, Arkansas plant, further reducing its US casting footprint.
Oklahoma smelter advances with power deal but energy prices are still tricky
The Oklahoma aluminum smelter project backed by Emirates Global Aluminium and Century Aluminum appears to be advancing toward a power deal, though elevated electricity costs and high Midwest premiums continue to complicate the economics.
UPDATE: Novelis restarts casting operations at Greensboro plant after March 1 explosion
Novelis has restarted casting operations at its Greensboro, Georgia, recycling facility after a March 1 explosion temporarily halted production.
What could rebalance the US scrap market?
Cheap aluminum scrap has not triggered widespread buying due to saturated demand, chemistry limits, and limited processing capacity.
Pace closes Harrison die casting plant, removing source of casting capacity and scrap
The closure of Pace Industries' Harrison, Arkansas, die casting plant removes production capacity and a source of aluminum scrap streams typically generated by die casting operations.
US imports in February disappoint
February aluminum imports fell sharply despite strong Midwest premium incentives, leaving US inventories at roughly two weeks of demand and raising the risk of higher physical premiums amid tight supply and geopolitical uncertainty.