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.
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Law, discussed the impact tariffs have had on steel and aluminum markets, and what could happen if they are changed or repealed.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.
The latest International Aluminium Institute data for September show global production
Higher aluminum prices and delivery premiums lifted Novelis' revenue, but shipment softness and elevated conversion costs left North American earnings sharply lower.
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.
Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.