Packaging growth leads Gränges Americas volume growth
Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.
Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.
CRU's May outlook reduced 2026 growth expectations for several aluminum product categories, while its largest long-term forecast revision occurred in rolled products.
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.
Gränges posted higher first-quarter volumes on market share gains, while pricing and mix in the Americas drove most of the profit growth despite weak end markets.
Kaiser Aluminum reported higher Q1 shipments and conversion revenue, led by aerospace and packaging, and raised its 2026 outlook.
Mumford Metal Casting has been acquired, with a closer look at the structure and operating profile of its Midwest die casting assets.
Lead-time expectations remained extended as supply stayed tight, even as import competitiveness decline and logistics costs increased.
Hyundai Translead plans its first US trailer plants as production declines and trade cases on imports and tariffs move forward.
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.
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.