CRU: Ground broken for new aluminum recycling plant in US
Tri-Arrows Aluminum and Tennessee Aluminum Processors (TAP) have formally begun construction of a recycling plant in Russellville, Kentucky.
Contributor: CRU
CRU: Canadian government orders halt to rail stoppage
The CIRB was set to meet with the union and CPKC officials later on Friday.
Sims signs deal to dispose of UK unit
Sims sells UK metal business to Unimetals to focus on their stronger market locations like the U.S., Australia and New Zealand.
CRU: Surge of Chinese steel imports causes concern in Vietnam
Often the subject of anti-dumping investigations itself, in particular from the U.S., EU, and Australia, Vietnam is prepared to take action to protect the country’s steel industry.
Biden calls for tripling of Chinese steel and aluminum tariffs
The current average levy is 7.5%.
CRU: Alcoa reports wider loss but sees improved market conditions
Alcoa said that it finalized the terms of its acquisition of Alumina Limited and initiated the process for the potential sale of the San Ciprián complex.
CRU: No overreaction in European premiums after sanctions
An interesting feature of the market since the sanctions were announced has been the large cancellations of warrants in South Korean LME warehouses.
CRU: LME aluminum consolidates gains after news of sanctions
The European Aluminium urges the EU to take comparable actions.