Court blocks Ardagh Metal Packaging sale
A Luxembourg court has temporarily blocked the Ardagh Metal Packaging sale, halting a process involving a major US canmaking footprint.
A Luxembourg court has temporarily blocked the Ardagh Metal Packaging sale, halting a process involving a major US canmaking footprint.
Extended Producer Responsibility laws could advantage aluminum.
Novelis reported lower third-party rolled product shipments, higher intersegment volumes and provided a more detailed Bay Minette startup timeline.
Ball posted higher second-quarter North and Central America can sales and low-single-digit shipment growth, but startup costs and a tight network kept segment earnings from rising.
Ardagh Metal Packaging upgraded its full–year 2026 EBITDA guidance to a range of between $775 million–$790 million, as the second quarter saw growth driven by Europe.
Higher packaging and general engineering shipments drove Kaiser Aluminum's second-quarter volume growth, while favorable metal conditions lifted earnings.
June survey responses showed scrap market participants becoming more cautious on premiums, scrap availability and exports, while downstream demand indicators remained comparatively firmer.
Canovation this month announced a collaboration with Canpack, a global packaging manufacturer, to help bring its CanReseal technology toward commercialization and pilot-scale deployment.
Trade data shows Chinese beverage can sheet imports more than doubled from January through most of May despite tariffs, higher conversion fees, expanding domestic capacity and a weaker US dollar.
“We will have coils coming off the mill within the next few weeks, well ahead of our previous guidance of end of June in the fourth quarter,” said Steve Fisher, president and CEO of the Atlanta-based company.