Steel Dynamics issues Q1'26 guidance, flags aluminum ramp and higher working capital
Steel Dynamics issued first-quarter 2026 guidance, citing higher working capital tied to its aluminum ramp as the segment begins generating EBITDA.
Tag: Production
Novelis award highlights broader challenge of recycling automotive aluminum back into sheet
Novelis’ award-winning recycled automotive sheet illustrates a broader industry challenge: returning end-of-life vehicle aluminum scrap back into high-grade sheet production.
Rio Tinto-Prysmian aluminum rod deal highlights tight North American redraw rod market
Rio Tinto's aluminum supply agreement with Prysmian highlights tightening redraw rod availability in North America as tariffs, smelter closures and cable demand reshape supply.
Can China succeed where Nigeria's ALSCON smelter failed?
Chinese firm GCL is exploring a 3 milllion-ton-per-year aluminum smelter in Nigeria, but historical failures and questionable capex estimates raise doubts.
Persian Gulf smelter update: Shipments in and out remain challenging
The war in the Persian Gulf is still fluid and the risk to production and shipments remain grave
IAI: Primary aluminum production rises in January
The International Aluminium Institute (IAI) has released its monthly report on primary production, showing global production at 6.317 million tons for January. This reflects a 0.27% month-on-month (m/m) increase in daily output.
Pace expands plant closures, removing die-casting capacity from US network
Pace Industries plans to close two die-casting plants in Muskegon, Michigan, following the news of the planned closure of its Harrison, Arkansas plant, further reducing its US casting footprint.
Oklahoma smelter advances with power deal but energy prices are still tricky
The Oklahoma aluminum smelter project backed by Emirates Global Aluminium and Century Aluminum appears to be advancing toward a power deal, though elevated electricity costs and high Midwest premiums continue to complicate the economics.
Arconic plans $131M casting complex at Davenport Works
Arconic will construct a $131 million aluminum casting complex at its Davenport Works campus in Iowa, expanding ingot capacity with first metal targeted for Q3'27.
From smelters to servers: A deep dive into Alcoa's idled sites
A look at Alcoa's idled US smelter and refinery sites shows how electricity economics and capital discipline are reshaping industrial redevelopment toward data center infrastructure.