October 7 – “LME rules strain trader-warehouse storage talks,” American Metal Market “LME warehouse reforms to cap rents for material covered by warrants that have been canceled for more than 30 days, as well as to control “excessive incentives,” have made warehouse companies wary about bidding for aluminum.” October 8 – “New Products,” London Metal […]
The ET Foundation, the educational and research organization devoted to promoting and advancing aluminum extrusion processes and technologies, and Bonnell Aluminum are inviting entries for the 2016 International Aluminum Extrusion Design Competition. The 2016 competition is divided into two classes: Professional and Student. Bonnell Aluminum is the sole sponsor for the cash awards, totaling $20,000, […]
The Alcoa Foundation, the philanthropic arm of Alcoa, awarded the Collision Repair Education Foundation a $75,000 grant that will provide aluminum repair focused training and technical presentations to high school and college collision school instructors. Working together with industry partners, the Collision Repair Education Foundation will bring over 50 collision school instructors into the Chicago, […]
The Aluminum Extruders Council (AEC) filed a petition against China Zhongwang Holdings Ltd., alleging the company has systematically and illegally evaded duties on aluminum extrusions imported into the United States. The alleged scheme involves hundreds of millions of pounds of aluminum extrusions that are simply cut and welded into aluminum slabs. Upon entering the U.S., […]
Jaguar introduced its 2016 product offerings, representing The Next Generation of Jaguar. All of the 2016 vehicles — including two new models, F-PACE and XE, as well as the XF, XJ, and F-TYPE — will feature advanced aluminum construction, providing lighter weight, increased strength, and improved handling. F-PACE Debuted at the 2015 Frankfurt Motor Show, the […]
August 4 – “Aluminium prices not curbing Chinese output,” The Australian Business August 19 – “Is another showdown looming on aluminium spreads?” Gulf Times August 20 – “LME plans to introduce ‘market-making’ programs,” Platts The London Metal Exchange said Thursday it plans to introduce market-making programs to support the launch of new products and enhance […]
CME Group announced that the first Aluminium European Premium Duty-Unpaid futures contracts were traded on September 22, 2015 by Crunch Risk, LLC. A total of 10 futures contracts traded at a price of $72.50 per tonne. “We’re pleased to see early support for our new Aluminium European Premium futures, which are an outgrowth of our […]
Alcoa is entering upon a multi-year transformation with the plan to separate into two independent, publicly-traded companies — an Upstream company and a Value-Added company. “Inventing and reinventing has defined our company throughout its 126-year history,” said Klaus Kleinfeld, chairman and chief executive officer, Alcoa. “In the last few years, we have successfully transformed Alcoa to […]
