Update: Novelis' Oswego plant partly reopens after most recent fire
Novelis Oswego plant in upstate New York has partly reopened after another fire broke out on Nov. 20.
Novelis Oswego plant in upstate New York has partly reopened after another fire broke out on Nov. 20.
As Aluminum Dynamics' Mississippi mill ramps up without feedstock from its delayed Benson recycler, UBC scrap availability could tighten heading into 2026.
The company cited, among other things, scrap purchases, tariff mitigations and the ramp-up of its plant in Switzerland.
Expectations for UBC scrap prices remained stable in October. What shifted was the composition of the remainder.
AMU's latest survey of aluminum market participants shows widening gaps in lead times, with extrusions lengthening dramatically.
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
“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.
China is on a steep learning curve to appreciate the advantage of using recycled metals in its downstream fabrication plants.
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.