Logan and Novelis awarded over $3 million for rail upgrades
The state of Kentucky has awarded more than $3 million in rail-infrastructure grants to Logan Aluminum and Novelis, strengthening the integrated Berea-Russellville supply chain.
The state of Kentucky has awarded more than $3 million in rail-infrastructure grants to Logan Aluminum and Novelis, strengthening the integrated Berea-Russellville supply chain.
“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.
The Aluminum Association is urging the U.S. government to ban exports of used beverage container (UBC) scrap to keep high-quality recycled aluminum within North America and strengthen domestic supply for manufacturers.
EGA-Spectro Alloys has begun the second phase of its Rosemount, Minnesota expansion, adding a second wave of billet-casting capacity to the facility that began producing billets earlier this year.
China is on a steep learning curve to appreciate the advantage of using recycled metals in its downstream fabrication plants.
The production will be focused on a scrap-heavy melt formula, with the target being 80% scrap and 20% primary metal.
Novelis has declared force majeure on automotive, beverage and container stock shipments.
Indonesia is grabbling a lot of attention these days, thanks to ambitious plans by Chinese investors to bet big on aluminum smelting. This is not the first time that Indonesia has captured the attention of the aluminum industry.
September's survey shows stability, but a closer look reveals diverging conditions: scrap recyclers facing oversupply, semi-fabricators holding ground, and softer price expectations on Midwest premiums and UBCs.
The fire’s impact on production is unclear at this time.