Billet Market Starts to Move Higher
The billet market has been quiet in 2025 so far, but extruders exposed to the spot market are now facing some challenges.
The billet market has been quiet in 2025 so far, but extruders exposed to the spot market are now facing some challenges.
Domestic increases in mill capacity and a struggling recycling rate, amid China's relaxed UBC scrap import policy, fail to make the case for banning US exports.
Rio Tinto is embarking on a major upgrade of the nearly century-old Isle-Maligne hydroelectric station in Quebec, preserving one of the lowest-cost smelting footprints in the world.
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
Not surprising, the major challenge to either restarting or building primary capacity pivots around finding affordably priced energy.
While Michigan-based Superior did not name the “large North American OEM customer”, the scale suggests a major Detroit-based automaker.
Since the aluminum market is subject to Section 232 tariffs of 25%, regardless of source, and which supersedes the 10% tariff, it would bring the effective tariff rate on aluminum products brought into the US from China to 45%.
Starting June 2, the U.S. Treasury’s CDFI Fund is putting a pause on new applications for Community Development Entity (CDE) certification. They’re calling it a blackout period. It’s temporary, for now, but it’s something to watch, especially if you’re in construction or metals.
April's survey paints a picture of a market holding steady, but it's far from smooth sailing.
The Solar Energy Industries Association's (SEIA) Market Insight 2024 highlighted some sector growth as well as some sobering numbers on residential installations.