Tag: Primary aluminum

“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.

In the base metals markets, we had a mixed showing. Tin did best, adding almost 10% on the week on concern about lagging supply.

Century Aluminum CEO Jesse Gary said his company could start up its new smelter in Oklahoma ahead of schedule if the permitting process moved more quickly.

Nexans plans to acquire Republic Wire to expand its US low-voltage wire and cable business.

Century Aluminum restarted a potline at its Iceland smelter after an outage, though the move is unlikely to directly affect North American supply.

First-quarter earnings show aluminum markets identifying supply risk across value-added products, but not yet experiencing measurable disruption.

Measured lead times moved in different directions in April, with sheet easing, extrusion firming, and primary tightening.

The Iran war has curtailed a market already tight due to curtailments in Mozambique and disruptions in Iceland. Alcoa is increasing production at some facilities.

This project, which the Chicago-based producer expects to reach full production by the end of June, aims to increase total US primary aluminum production by 10%.

A drone attack at EGA's Al Taweelah plant has triggered force majeure declarations on select products, with potential supply disruptions.