AMU
June 21, 2024
CRU aluminum news roundup
Written by Matthew Abrams
Please enjoy this roundup of recent news from the aluminum industry from our colleagues at CRU.
Latest in AMU
AMU Survey: Aluminum scrap outlook turns toward oversupply
Recycler forward expectations swung toward oversupply in September as inventory drawdowns eased and export demand lost August’s improving responses.
AMU: Kibar starts production at West Virginia facility
Kibar Americas said production has started at its aluminum plant in Fairmont, W.Va., where it will manufacture products for the HVAC, packaging, automotive and industrial sectors.
AMU Summit: China nears production cap, but increases can still happen
China is bumping up against its official primary production capacity limit of 45.3 million metric tons/year, but production can still increase through “capacity creep.”
AMU Summit: Automotive aluminum demand shifts across key product groups
Automotive aluminum demand is rising as extrusions, sheet, and castings gain ground across vehicle applications and powertrains.
AMU Survey: Scrap demand rebounds in August
Recycler demand increased while fewer respondents reported sufficient obsolete scrap, even as inventory drawdowns remained widespread.