AB InBev repurchases minority stake in US metal can operations
Anheuser-Busch InBev has repurchased a minority stake in its US metal can manufacturing operations, reversing a $3 billion transaction completed in 2020.
Category: Growth Markets
Novelis says Oswego repairs to cost $255 million, restart TBD
The most recent blaze in November damaged the hot mill's finishing mill, which is highly specialized.
Manufacturing expansions, Airbus developments, low recycling rates, and more
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
Lead time takeaways from AMU's survey
December survey data showed lead times rising across aluminum products even as respondents reported steadier conditions.
Novelis' Oswego plant sees management shakeup
The changes are happening months after recent fires took parts of the facility offline.
AMU Survey: UBC expectations fragment as scrap signals stabilized
December survey results show UBC price expectations becoming more debated even as scrap availability, inventory behavior, and Midwest premium expectations point toward steadier underlying conditions.
Midwest premiums: How high is high?
The Midwest premium has risen beyond replacement economics, driven by thin liquidity, depleted US inventories, slow import response, and limited near-term substitutes - raising questions about sustainability and forward risk.
Focus on Demand: Trailer orders take a turn for the worse
Trailers represent a significant source of demand for aluminum extruders and sheet mills, consuming a lot of 6061 alloys. So, any softness in trailer orders is not welcome news.
ALUKO Group expands US manufacturing footprint
ALUKO Group plans to establish a second US manufacturing facility in Tennessee, expanding its domestic manufacturing presence beyond the EV-focused Jackson site.
MMG Extrusions completes multi-year expansion at New Hampshire facility
MMG Extrusions completed a multi-year expansion at its New Hampshire facility that increased extrusion capacity and added automated aging, packing, and downstream processing.