Aluminum Flat Rolled Products Market
October 2023- Indiana-based electric arc furnace (EAF) steelmaker Fort Wayne and Steel Dynamics Inc. (SDI), a metal recycler, has recently disclosed third-quarter 2023 net income of USD 577 million, which showcases a 28.9 percent drop from the prior quarter and a 36.9 decrease year on year. The company's third quarter 2023 net sales of nearly USD4.6 billion also were down, by 18.8 percent, from more than USD5.6 billion one year ago. Millett portrays a steel landscape that remains active, but that does not enjoy the wider profit margins of 2022. Although ferrous scrap input prices dropped for SDI's steel mill segment in the third quarter, so did the price it was able to charge for its steel.
October 2023- Amcor Capsules claims to have reduced the carbon footprint of its STELVIN aluminum screw cap range by up to 35% using low-carbon primary aluminum and up to 46% recyclate during its manufacture. Designed for wine and spirit brands, the STELVIN screw cap and all 30H60 caps produced in Europe, North America, and South America are all thought to emit less carbon compared to the standard screw cap produced with European aluminum sheets – a development credited to its implementation of certified, independently verified low-carbon and recycled aluminum. These improvements have been rolled out amongst Amcor Capsules' global range and contribute to the company's TRANSPARENCE sustainability program, which aims to support the wine and spirits industry. The company has also unveiled a PVDC-free liner, STELVIN INSIDE, in a bid to help brands pursue their sustainability goals. Amcor aspires to reach its own goal of achieving net zero emissions by 2050 in line with the SBTi, emphasizing its commitment to reducing its products' environmental impact and increasing its use of recycled content.
Key Companies in the Aluminum Flat-Rolled Products market include
- Hindalco Industries Limited (India)
- Alcoa Corporation (US)
- Constellium (The Netherlands)
- Norsk Hydro ASA (Norway)
- Aluminum Corporation of China (Chalco) (China)
- Arconic (US)
- NALCO (India)
- UACJ Corporation (Japan)
- Elvalhalcor Hellenic Copper
- Aluminum Industry S.A. (Greece)
- JW Aluminum (US)