Assessment underway after fire at Novelis' Oswego plant
The extent of the damage is also being examined, a spokesperson said.
The extent of the damage is also being examined, a spokesperson said.
“The European aluminum recycling value chain is facing a critical situation, which is vastly amplified by the recent doubling of US Section 232 tariffs to 50%,” European Aluminum stated.
The year-over-year decline was partly due to the significant drop in exports, however demand fell in all market segments, with the exception of foil, according to the Aluminum Association.
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Three of the four cast houses are fully commissioned and are producing all 3000, 5000 and 6000 series ingots for industrial, can sheet and automotive sectors.
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
It's not too late to catch up on what potential scrap export bans could mean for the market.
The standoff at Pace Industries' Pennsylvania operations offers a snapshot of its Loyalhanna plant and how they fit into Pace's wider aluminum network.
Recycling rates are just one of the factors at play when considering scrap export bans
March reached the highest level imports for the year so far at 426,911 metric tons, a spike of 47.5 % compared to a same month last year, according to the ITA.