Ormet Corp, an independent U.S. producer of primary aluminum, is deciding whether to cut aluminum output at its Hannibal, Ohio, smelter and the extent to which its employees would be affected, it said in a press release. For full story, click here
Platts declared that aluminum demand in the US and Canada totaled an estimated 7.098 billion lb during the first 5 months of the year down 26.7% from a year ago. For full story, click here
Record output in Iceland and the addition of smelting capacity in Norway boosted U.S. Alcoa Inc.’s aluminum output by some 3%, or 26,000 metric tons, in the second quarter. For full story, click here
U.S. aluminum scrap exports raised in April, with China’s share surpassing 75 percent for the first time. For full story, click here
The annual rate of primary U.S. aluminum output in April slipped 36.5 percent year-on-year to 1,764,641 tonnes from 2,779,160 tonnes in April 2008, and was down 2.5 percent from March’s annual rate of 1,809,788 tonnes. For full story, click here
US aluminum scrap export prices have surged in some case from 5 to 10 cents per pound over domestic prices on secondary grades and as scrap demand from China has risen over the past few months, this has tightened US supply. For full story, click here
The pace of decline in U.S. aluminum scrap exports almost flattened in January, with shipments drop a mere 1 percent compared with December. For full story, click here
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