Aluminum
Chinese-Backed Zhongwang USA Snaps Up Aleris Corp
| Charissa Echavez | | Aug 31, 2016 11:22 AM EDT |
Investment firm Zhongwang USA LLC has agreed to buy Ohio-based aluminum company Aleris Corp for $2.33 billion including debt, the Chinese aluminum maker backed by Liu Zhongtian said on Monday, marking the biggest deal a Chinese firm has offered for a US metals producer.
Smelters find ways to cope amid China’s overproduction
| Eana Maniebo | | Oct 10, 2015 12:25 PM EDT |
China's overproduction has prompted demands for alternative smelters and production cuts. Outside China, forced smelter closures and pressured prices has led several Western aluminum producers to accuse China of unfair competition.
Ford Motor Corp. Banks On Full Aluminum Body To F-Series Super Duty Trucks In 2017 [Watch Detailed First Look Video]
| Claire Baguio | | Sep 27, 2015 12:00 PM EDT |
Ford is currently developing interesting plans on its new models of Super Duty trucks. Ford's Super Duty F-series trucks bound to be released on 2017 will come in a new aluminum body, Journal Gazette reported.
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