Category: Growth Markets

MetalX will maintain its headquarters in Fort Wayne and both companies will maintain their own independence and management, the companies said.

The Hydro/University of Michigan partnership links university research with Hydro's facilities to develop, test, and scale next-generation aluminum extrusion alloys.

The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.

The results show Hydro holding its operational footing even as profitability becomes harder to predict as margins swing sharply year over year, and even quarter to quarter.

A fire at a Novelis aluminum mill in September shook up domestic supply for automakers

Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.

MetalX's proposed $250 million aluminum recycling and slab-rolling plant in Ohio has been shelved, with the site now listed for sale confirming the project will not proceed.

Upgrades of transmission lines translates into new demand for Aluminum Core Steel Reenforced electric cable.

The state of Kentucky has awarded more than $3 million in rail-infrastructure grants to Logan Aluminum and Novelis, strengthening the integrated Berea-Russellville supply chain.

“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.