Century had previously announced its intent to curtail 100% of its Hawesville operations beginning on October 24th, but now will only reduce its operations to 40% of capacity.
The remaining operations at the Hawesville smelter will primarily produce high-purity aluminium and provide molten metal to local customers. Continued operations at 40% of capacity will be dependent on acceptable commercial conditions, including aluminium prices, product premiums and operating costs.
"We are pleased to be able to announce that partial operations will continue at...
Reflecting the healthy outlook for the industry, the Global Aluminium Foil Roller Initiative (GLAFRI) has recently welcomed new foil roller members: Gujarat Foils and Raviraj Foils with operations in India and UACJ Foil based in Japan and Malaysia. Furnace manufacturer Otto Junker also joined as a supplier member.
Commenting on the market and membership growth GLAFRI’s President Manfred Mertens said, “We are excited by this forecast of potential growth in the global market. GLAFRI was established to support this expansion and particularly to enhance and develop...
The separation will launch two industry-leading, Fortune 500 companies.
The globally competitive Upstream Company will comprise five strong business units that today make up Global Primary Products - Bauxite, Alumina, Aluminium, Casting and Energy. The innovation and technology-driven Value-Add Company will include Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions.
The transaction is expected to be completed in the second half of 2016. At that point Alcoa shareholders will own all of the outstanding shares of both the...
Danieli Group and Alcoa announced that they have signed a letter of intent and will work toward an agreement to sell Micromill equipment and license the patented Micromill technology.
As part of the collaboration, Alcoa will grant Danieli exclusive rights to sell Micromill equipment. In addition, the companies will work together to license the Micromill alloys and process technology to potential customers around the world, initially targeting Europe, South America, and Southeast Asia.
“This agreement puts Alcoa’s disruptive Micromill technology on the...
The latest edition of the Review, which features a new design and statistics through 2014 in the North American market, includes information on every cycle of the aluminium production process from primary aluminium to markets for finished goods to the recovery of aluminium scrap.
Read more here
Alcoa was again recognised as the Aluminium Industry Leader on the Dow Jones World Index.
“Sustainability guides everything we do, from creating innovative solutions that help de-carbonise our world and create value for customers, to improving the sustainability of our own manufacturing processes,” said Kevin McKnight, Alcoa’s Chief Sustainability Officer and Vice President of Environment, Health and Safety. “The progress we continue to make demonstrates that we live our sustainability value every day, with a goal of leaving a positive impact everywhere we...
Comprehensive Industry Data Through 2014 Now Available in Association Bookstore
Last month, the aluminium manufacturer had announced its decision to shut down the rolling mill in Korba (Chhattisgarh) on account of “steep fall” in the prices of the metal besides dumping from China and falling margins.
“BALCO has begun the official procedure to close down its Sheet Rolling Division and Foundry at Korba. The company has issued the information to the Secretary, Labour Ministry, government of Chhattisgarh, as well as the BSE and NSE,” the company said in a statement.
The CE marking is the manufacturer's declaration that the product meets the requirements of the applicable EC directives. CE Marking on a product ensures the free movement of the product within the EFTA & European Union (EU) single market (total 28 countries).
The refinery is scheduled to be idled by November 30, 2015. The curtailment and ongoing discussions are aligned with Alcoa’s strategy to create a globally competitive commodity business.
Discussions between Alcoa and the Government of Suriname began in October 2014 to reach a joint solution for Suralco that has faced expiring bauxite reserves and lacks a long-term energy solution.
“Suralco’s ongoing energy challenges and limited bauxite supply, combined with unfavourable market conditions, mean it is no longer possible to continue operations,” said...