Lead time takeaways from AMU's survey
December survey data showed lead times rising across aluminum products even as respondents reported steadier conditions.
December survey data showed lead times rising across aluminum products even as respondents reported steadier conditions.
AMU and SMU are pleased to announce that Wells Fargo Managing Director Timna Tanners will be joining us for a Community Chat webinar on Wednesday, Dec. 17, at 11 am ET.
A cluster of Airbus announcements reveals how quickly the OEM is tightening and rebalancing its US supply chain.
Hoover Treated Wood Products is entering the aluminum-cladding market through its acquisition of Arconic's AAP LLC operation in Eastman, Ga., adding ACM production to its portfolio while Arconic retains its Kawneer building-system assets.
The EU's preparatory work on possible aluminum scrap export restrictions provides the starting point for examining why current European scrap flows to the US remain too small to materially affect either region's can sheet market.
Higher aluminum prices and delivery premiums lifted Novelis' revenue, but shipment softness and elevated conversion costs left North American earnings sharply lower.
The company cited, among other things, scrap purchases, tariff mitigations and the ramp-up of its plant in Switzerland.
AMU's latest survey of aluminum market participants shows widening gaps in lead times, with extrusions lengthening dramatically.
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.