AMU Survey: Aluminum scrap outlook splits on prices
Recycler forward views shifted toward undersupply in October even as Midwest Premium and UBC expectations moved lower.
Recycler forward views shifted toward undersupply in October even as Midwest Premium and UBC expectations moved lower.
US aluminum scrap imports increased faster than exports through August, while similar tonnage gains kept net exports near year earlier levels.
Stellantis’ Etobicoke Casting Plant faces uncertain production commitments and potential operational disruption as Unifor prepares strike authorization votes.
Honda and Toyota gained relative ground in the third quarter as GM and Ford sales declined and several battery-electric models lost volume.
Rio Tinto will exclusively market billet from RevoCast’s new British Columbia plant under a long-term agreement combining primary and recycled aluminum.
Recycler forward expectations swung toward oversupply in September as inventory drawdowns eased and export demand lost August’s improving responses.
ArtiFlex Holdings acquired a former Pace Industries aluminum die casting plant in Jackson, Tennessee, and plans to invest more than $10 million in the operation.
RevoCast has started secondary aluminum billet production in British Columbia, adding more than 80,000 tonnes of annual capacity to Western Canada.
Aluminum content per vehicle is rising as automakers expand use of extrusions, sheet, and castings.
And there certainly was no shortage of things to talk about. Tariffs, geopolitics, domestic production trends, data center construction, and scrap availability were just some of the topics getting the spotlight.