UPDATE: Novelis restarts casting operations at Greensboro plant after March 1 explosion
Novelis has restarted casting operations at its Greensboro, Georgia, recycling facility after a March 1 explosion temporarily halted production.
Novelis has restarted casting operations at its Greensboro, Georgia, recycling facility after a March 1 explosion temporarily halted production.
The closure of Pace Industries' Harrison, Arkansas, die casting plant removes production capacity and a source of aluminum scrap streams typically generated by die casting operations.
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.
Novelis temporarily halted operations at its Georgia recycling and casting plant following a March 1 equipment explosion. No reported injuries.
US Customs and Border Protection concluded the first of two scheduled auctions of seized extruded aluminum pallets on Feb. 19.
The first auction is scheduled for Feb. 19.
January AMU survey results show firmer Midwest premium expectations, stabilizing UBC outlooks, and a split between recycler responses and those of producers, manufacturers, and traders.
“There's absolutely no doubt that aluminum will be a growth platform for us going forward,” said Mark Millett, co-founder, chairman & CEO of the Indiana-based steelmaker.
The move comes as pressure is increasing to keep scrap at home but US tariff exemptions have made exports more appealing.
Despite competing fiercely for market share, aluminum and plastics share the same structural recycling failures rooted in incentives and policy resistance.