IAI primary production ticked up in October
Production metrics can gauge whether there are more premium shocks in our future.
Production metrics can gauge whether there are more premium shocks in our future.
It was a generally more positive week for most markets as a better tone in US equities ushered in a measure of stability. The bitcoin/crypto sell-off eased somewhat as well. Some of the battered AI-related names also recovered. The likelihood of another December Fed rate cut this week also helped sentiment.
Meir spoke last week during an AMU Community Chat on a wide range of topics affecting the aluminum market.
RCM Industries is a family-owned manufacturer of aluminum high-pressure die castings.
Novelis Oswego plant in upstate New York has partly reopened after another fire broke out on Nov. 20.
Robert DeFrancesco and Alan Price, trade attorneys with Wiley Law, discussed the impact tariffs have had on steel and aluminum markets, and what could happen if they are changed or repealed.
Alumina is the biggest cost to an aluminum smelter, closely followed by power.
Southwire is expanding the footprint of its Heflin, Alabama cable plant and intends to outfit the additional space with new aluminum-capable drawing and medium-voltage cable production equipment.
Elysis announced the start-up of its new technology at a Rio Tinto smelter, which it said is the next step in the transition toward large-scale, low-carbon aluminum production
Current leadership is sticking to a conservative approach that optimizes its existing portfolio, while steadily improving the balance sheet.