
Teamsters gain foothold at Real Alloys
Real Alloy’s Morgantown plant voted to join Teamsters Local 89. Time will tell whether this will prove unsettling to this operation, given the Teamster's history with the company.
Real Alloy’s Morgantown plant voted to join Teamsters Local 89. Time will tell whether this will prove unsettling to this operation, given the Teamster's history with the company.
ReMA's Spotlight on Aluminum highlighted a litany of pressure points shaping the industry, with a particular emphasis on the aluminum scrap frontier.
Domestic increases in mill capacity and a struggling recycling rate, amid China's relaxed UBC scrap import policy, fail to make the case for banning US exports.
Not surprising, the major challenge to either restarting or building primary capacity pivots around finding affordably priced energy.
While Michigan-based Superior did not name the “large North American OEM customer”, the scale suggests a major Detroit-based automaker.
In a quarter where aluminum prices rallied and shipments nudged upward, Novelis found itself caught between expansion plans and unfortunate timing.
The partnership could reshape how recycled aluminum is processed and delivered to customers across the United States.
Litho sheet is typically costly and a rare grade of scrap to come by. Unlike other more specific alloys, like 6061 or 5052, it can be consumed by just about anyone or added to just about any melt mix.
We understand that Michigan legislators have reintroduced legislation to dramatically raise fees for disposal of solid waste. These fees, called “tipping fees” were amongst the lowest in the U.S. at just $0.36 per short ton. The proposed legislation would raise them to $5.00 per short ton and would be subject to reassessment every five years.
With earnings season largely behind us it’s time to move past the headline numbers and into the filings – where a few key items across major downstream players deserve closer scrutiny.