Tag: Aluminum

April 1, 2024

Aluminum processing company Owl’s Head Alloys (OHA) will invest $29.245 million to locate operations in Clay County, Mississippi. The project will create 68 new jobs. “On behalf of the Owl’s Head Alloys team, I would like to thank Governor Reeves, […]

September 10, 2020

Amid the COVID-19 crisis, the global market for Sheet Metal Fabrication Services estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$4.3 Billion by 2027, growing at a CAGR of 2% over the […]

September 6, 2018

MEXICO CITY — A little more than two years ago, Elon Musk and other Tesla Inc. executives met with a Mexican auto-parts supplier to discuss an opportunity some companies would kill for. For some time, Tesla had been evaluating Nemak […]

July 19, 2018

U.S. aluminum tariffs that were meant to protect the industry from foreign competitors are instead taking a bite out of the earnings of the nation’s largest producer. Alcoa Corp. lowered its 2018 profit projection as tariffs on imported aluminum present […]

March 15, 2018

WASHINGTON — Automakers and other businesses that want to win exclusions from President Trump’s planned tariffs on imported steel and aluminum will face a high bar set by the U.S. Commerce Department, The Wall Street Journal reported on Thursday. The […]

March 7, 2018

There has been quite a furor in financial and political circles since President Trump announced the that he would impose tariffs on steel and aluminum imports from all countries. There has been an outcry that it would raise consumer prices, […]

November 10, 2017

TOKYO — When a roll of aluminum produced at a Kobe Steel factory fell short of customers’ exacting demands for qualities like strength, plant managers were supposed to make a painful but necessary decision: Start again and make a new, […]

August 2, 2016

The good news for an industry counting on aluminum to help make vehicles lighter is that aluminum suppliers are spending to create new capacity. The bad news? The capacity is already gobbled up. North American suppliers of sheet aluminum are […]

May 11, 2016

China, maker of about half the world’s aluminum, will export less in 2016 as output expands at the slowest pace in five years and a price rebound fails to spur substantial smelter restarts, according to United Co. Rusal, the biggest […]