Scrap Musings for December
Scrap discounts remain exceptionally wide to the Midwest transaction price. Some seasonal tightness may occur, but still affords rolling mills and extruders excellent earnings potential.
Scrap discounts remain exceptionally wide to the Midwest transaction price. Some seasonal tightness may occur, but still affords rolling mills and extruders excellent earnings potential.
November's AMU survey shows broad easing in aluminum lead times across sheet and extrusion products, contrasted by a modest uptick in P1020 that illustrates the split between contract-anchored primary markets and the more dynamic semi-fabricated segment.
AMU spoke with Ingrid Joerg about her experience and her vision for Constellium, the Paris-based aluminum company with operations in Europe, North America and Asia.
The EU's preparatory work on possible aluminum scrap export restrictions provides the starting point for examining why current European scrap flows to the US remain too small to materially affect either region's can sheet market.
Novelis Oswego plant in upstate New York has partly reopened after another fire broke out on Nov. 20.
As Aluminum Dynamics' Mississippi mill ramps up without feedstock from its delayed Benson recycler, UBC scrap availability could tighten heading into 2026.
Ball Corp. has named Ronald Lewis as CEO and a member of the board of directors, effective immediately.
Contract talks for U.S. value-added aluminum products are reaching a critical stage, with billet, primary foundry alloys, and wire rod upcharges diverging as buyers and producers race to finalized 2026 pricing.
The Millersburg site will add a production facility to Ball’s Pacific Northwest portfolio, just over a year after the company shuttered its can manufacturing plant in Kent, Washington.
Higher aluminum prices and delivery premiums lifted Novelis' revenue, but shipment softness and elevated conversion costs left North American earnings sharply lower.