Scrap Monster

Aluminum News

Alcoa Reported Net Loss in 2019, Revenues Dipped 22%
Alcoa foresees global aluminium surplus to range between 600,000 tons to 1 million metric tons…
January 16th 2020
AAI Recommends Lower Customs Duty on Critical Raw Materials
Simultaneously, AAI demanded the government to raise import duty on aluminium scrap from 2.5% to…
January 13th 2020
Alcoa Announces Agreement to Sell Gum Springs Facility
The sale transaction is part of company’s strategy to generate $500 million-$1 billion in cash…
January 3rd 2020
Primary Aluminum Market Posted Deficit Until October
From January to October in 2019, the overall aluminum production recorded marginal decline by 0.6%.
December 31st 2019
Novelis-Aleris Merger Deal Receives Chinese Antitrust Authority Nod
The SAMR approval has given hopes of a possible closure of the transaction by January…
December 23rd 2019
JW Aluminum Eyes Significant Increase in Scrap Consumption
The investment is considered as the largest economic development project in the history of the…
December 18th 2019
Trade Body Calls For Strong Import Monitoring and Trade Enforcement
The Association representatives lauded the work of the Trump administration and the Congress in moving…
December 16th 2019
GFG Alliance Reaches Agreement to Buy Novelis' Belgium Aluminum Plant
The financial details of the deal were not disclosed.
December 10th 2019
WBMS: Primary Aluminum Market Ended in Deficit
The primary aluminum consumption totalled 5,235.2 kt in September 2019, said WBMS data.
November 21st 2019
Novelis Boosts Shipments to New Record in Q2 Fiscal 2020
The company reported net income attributable to its common shareholder of $123 million, compared to…
November 8th 2019