AMU survey: Recyclers turn more cautious
AMU’s July survey found recyclers expecting lower Midwest Premium and UBC prices while demand softened, inventories declined and forward views remained mixed.
AMU’s July survey found recyclers expecting lower Midwest Premium and UBC prices while demand softened, inventories declined and forward views remained mixed.
SDI, which runs Aluminum Dynamics Inc (ADI), has been ramping up production in Mississippi and at a recycled slab center in San Luis Potosi, Mexico.
Matalco recorded its highest quarterly recycled aluminum production since the Canton closure began, while Rio Tinto's primary output held nearly steady and US shipments decreased.
Aluminum Dynamics will invest more than $200 million in a Mississippi recycled slab center that establishes the permanent location for a project Steel Dynamics relocated from Arizona.
The recent retreat in aluminum prices has been a “head scratcher” as the Iran war continues to disrupt output from an important production region.
The increase in estimated earnings in the US is mostly associated with nonferrous metal recycling, mainly copper and aluminum.
Canovation this month announced a collaboration with Canpack, a global packaging manufacturer, to help bring its CanReseal technology toward commercialization and pilot-scale deployment.
Hydro attributed the decision to low capacity utilization and the need for significant capital investment
News happens fast these days. Here are highlights from May to keep you informed.
The Lebanon facility will effectively double the company's total annual processing capacity to an estimated 240 million pounds.