Hydro's Q3 results show stable output but volatile margins
The results show Hydro holding its operational footing even as profitability becomes harder to predict as margins swing sharply year over year, and even quarter to quarter.
The results show Hydro holding its operational footing even as profitability becomes harder to predict as margins swing sharply year over year, and even quarter to quarter.
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.
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.
Century Aluminum makes another step toward restarting idle capacity at Mt. Holly in South Carolina.
Arconic's Davenport expansion has doubled its high-purity aluminum capacity, a development that fills part of the void left by Century's idled Hawesville smelter and an opaque import market.
Canada's new Strategic Response Fund for tariff-hit industries has triggered sharp criticism, drawing in questions over subsidies, trade imbalances, and whether U.S. and Canadian aluminum markets are as different as an industry group suggets.
“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.
Join AMU experts Greg Wittbecker and Nicholas Bell on Thursday, September 25 at 11 a.m. ET
Recent IEA data underscores an erratic electricity supply mix alongside sharply rising demand, with future prices signaling poor economics for operating an aluminum smelter and pointing instead to behind-the-meter generation backed by outside financing.