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In a letter penned by President and CEO Svein Richard Brandtzæg, mandatory curtailment at Alunorte and a spike in raw material costs conspired to damage Norwegian aluminium smelter Norsk Hydro ASA’s bottom line last year. Noting that Extruded Solutions was fully integrated in the firm last year and ... Read More
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Washington (AFP) - Days after the crash of an Ethiopian Airlines 737 MAX 8 that killed 157 people and led to the plane being grounded worldwide, Boeing and commercial airlines are trying to get a handle on the fallout. Boeing will have to restore confidence in its product, and pay the costs of any ... Read More
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In the wake of U.S. tariffs on Canadian steel, the federal government has announced $100 million in funding for small and medium-sized enterprise steel and aluminum manufacturers in Canada. Navdeep Bains, minister of innovation, science and economic development made the announcement at Nova Steel ... Read More
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New reforms, including a deposit return scheme (DRS), could see aluminium recycling almost double if implemented, preventing around £50 million of wasted resources each year, according to a new report by environmental think tank Green Alliance. The report, released on 11th March and titled ‘Closing ... Read More
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A Reuters report quoting data from China’s Customs department as saying that China's smelters exported 552,000 metric tonnes of aluminium last month, improving over December’s revised total of 520,000metric tonnes. The latest figures crossed the previous high-mark of 542,700 metric tonnes in ... Read More
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Cleveland rolled aluminium firm Aleris International, Inc. reported financial and operating results for the fourth quarter and full year of 2018 yesterday. An uptick in demand and a favorable metal environment in North America helped propel most of the firm’s numbers past those of preceding periods. ... Read More
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Scientists with London's Brunel University and Tomsk State University ran a successful experiment that allowed them to introduce nanoscale diamond into an aluminum melt using ultrasonic treatment. In a media statement, the researchers said the result of their trial will be used to create new ... Read More
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Due to a dispute with workers over compensation, Russian Federation aluminium titan U.C. Rusal shut down operations at the Bauxite Company of Guyana over the weekend. Per comments made to industry media on Sunday, laborers at the site “declined to work and demanded a pay increase, even though their ... Read More
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Echoing the United States’ northern neighbors, officials from the Mexican government confirmed over the weekend the position that ratification of NAFTA’s successor hinges in large part upon the Trump Administration lifting the Section 232 tariffs on imported steel and aluminium. While renegotiating ... Read More
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That the government of Narendra Modi is considering to implement tougher import rules on foreign steel in the run-up to the general elections is not coincidental. India has been developing steadily, and a particular focus has been placed on the country’s indigenous steel and aluminum industries, ... Read More
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