Kaiser updates expansion projects, raises EBITDA outlook again
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
Category: Transportation
ADI confident automakers will stick with aluminum despite disruptions
A fire at a Novelis aluminum mill in September shook up domestic supply for automakers
Ford confirms Novelis Oswego hot mill restart expected by early December
Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.
MetalX's planned slab plant shelved as site goes up for sale
MetalX's proposed $250 million aluminum recycling and slab-rolling plant in Ohio has been shelved, with the site now listed for sale confirming the project will not proceed.
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.
ADI sees more aluminum growth ahead
“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.
EGA-Spectro launches Phase 2 at Rosemount, expanding secondary billet capacity
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.
Linamar to acquire Aludyne's North American casting assets
Linamar's acquisition of "selected assets" from Aludyne's North American operations marks a strategic shift that deepens its U.S. casting footprint and adds significant secondary aluminum capacity to its portfolio.
Consumer auto delinquencies: Warning sign for consumer health?
Rising auto delinquencies amid stretched loan terms may be early warning signs that household finances and retail spending are reaching their breaking point.
Plugging the leaks, Part 2: The tariff net extends to wheels, wires, and cans
The second installment examines how those same derivative tariff petitions have now moved downstream, encompassing aluminum-intensive finished goods like wheels, powders, and even filled food and beverage containers.