Union workers at Arconic authorize strike as contract nears expiration
The current contract expires on May 16.
The current contract expires on May 16.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
US Commerce Secretary Howard Lutnick said the US should pursue separate, bilateral trade negotiations with Canada and Mexico instead of renewing the US-Mexico-Canada Agreement (USMCA).
The upgrades are expected to increase capacity by up to 75,000 metric tons, the company said in an announcement.
The Bowling Green operation will function as a full-cycle aluminum production site. Capabilities will include extrusion, anodizing, and finishing capabilities, allowing AKFA to perform multiple processing stages within a single US location rather than relying on external tolling or offshore finishing.
“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.
In the base metals markets, we had a mixed showing. Tin did best, adding almost 10% on the week on concern about lagging supply.
Anton Posner, CEO of Mercury Resources, will join Steel Market Update (SMU) and Aluminum Market Update (AMU) for a Community Chat on Thursday, May 14, at 11 am ET.
Ball reported modest shipment growth and higher earnings, with North American volumes constrained by limited capacity and strong contract coverage.