Kaiser updates expansion projects, raises EBITDA outlook again
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
Tag: Sheet
Ford confirms Novelis Oswego hot mill restart expected by early December
Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.
MetalX's planned slab plant shelved as site goes up for sale
MetalX's proposed $250 million aluminum recycling and slab-rolling plant in Ohio has been shelved, with the site now listed for sale confirming the project will not proceed.
Logan and Novelis awarded over $3 million for rail upgrades
The state of Kentucky has awarded more than $3 million in rail-infrastructure grants to Logan Aluminum and Novelis, strengthening the integrated Berea-Russellville supply chain.
ADI sees more aluminum growth ahead
“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.
As Oswego outage continues, auto and beverage supply seek alternatives
Novelis has declared force majeure on automotive, beverage and container stock shipments.
Looking for demand in all the wrong places
AMU takes a closer look at obscure but telling markets - corrugated boxes, cement, and coatings - for early clues on where aluminum demand may really be headed in 2025.
AMU Survey: Stability on the surface, fractures beneath
September's survey shows stability, but a closer look reveals diverging conditions: scrap recyclers facing oversupply, semi-fabricators holding ground, and softer price expectations on Midwest premiums and UBCs.
Ball, Red Bull, and Rauch break ground on Concord plant: A new era for beverage cans
The long-delayed Concord facility marks Ball's return to the Carolinas and highlights a broader shift in beverage can demand, with energy drinks and specialty drinks driving growth as supply chains and consumer preferences evolve in tandem.
Quantifying Oswego's interruption for the auto industry
Novelis' Oswego mill fire has sidelined the largest producer of automotive body and structural sheet in North America, disrupting a closed-loop scrap system and removing over half of regional BIW/closures sheet supply, with limited options for domestic backfill and costly import alternatives.