Constellium's shipments gain for quarter, year
Executives said the company was not materially exposed to changes in the prices of primary aluminum since it operates a pass-through business model. But other metal costs have come into play.
Executives said the company was not materially exposed to changes in the prices of primary aluminum since it operates a pass-through business model. But other metal costs have come into play.
Kaiser Aluminum expects shipment growth in aerospace and packaging in 2026 as plate capacity returns and coated can sheet volumes increase, while automotive retools for specialty expansion.
The causes of the fires are still under investigation.
January AMU survey results show firmer Midwest premium expectations, stabilizing UBC outlooks, and a split between recycler responses and those of producers, manufacturers, and traders.
The move comes as pressure is increasing to keep scrap at home but US tariff exemptions have made exports more appealing.
Decisions to swap materials are not made in the spur of the moment. Significant engineering changes have to be made, tooling has to be redesigned. With current lead times for heavy industrial equipment, substitution could take 1-2 years to execute. Substitution, whether good or bad for aluminum, is not happening quickly.
Anheuser-Busch InBev has repurchased a minority stake in its US metal can manufacturing operations, reversing a $3 billion transaction completed in 2020.
The most recent blaze in November damaged the hot mill's finishing mill, which is highly specialized.
Despite competing fiercely for market share, aluminum and plastics share the same structural recycling failures rooted in incentives and policy resistance.
Industry respondents overwhelmingly expect UBC prices to remain stable in the current month, even as Class scrap and Midwest premium expectations point in different directions.