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Court Denies Aluminum Buyers’ Appeal Request for Class Action Lawsuit
Judges for the U.S. Court of Appeals for the Second Circuit have denied several aluminum buyers’ request to appeal a district court’s order denying a motion to certify a class action lawsuit. This is the latest in a years-long suit … Continue reading
Posted in Featured News, News, Today's News
Tagged aluminum, aluminum prices, Goldman Sachs, J.P. Morgan Securities, legal news
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Banks File Motion for Summary Judgment in Aluminum Price Manipulation Case
Banks and aluminum warehouses accused of intentionally inflating prices in the primary aluminum market have submitted a memorandum in support of their motion for summary judgment against all “umbrella” claims made by the plaintiffs. They were accused by first level … Continue reading
Posted in Featured News, News, Today's News
Tagged aluminum, aluminum prices, Ampal, Century Aluminum, Glencore, Goldman Sachs, J.P. Morgan Securities, legal news, Pacorini Metals
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President Forgoes U.S.-Mexico Border Closing
After rattling some government officials and industry associations with the threat of closing the U.S.-Mexico border, the administration backed off of that suggestion last week, instead relying on Mexican officials to take corrective measures. Many see the decision to keep … Continue reading
Posted in Featured News, News, Today's News
Tagged aluminum, flat glass, Joaquin Castro, Mexican border, Mexican imports, Patty Long, Saint-Gobain, U.S.-Mexico border
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Canadian Tariffs Hit U.S. Fenestration Industry
As expected, Canada slapped retaliatory tariffs on U.S.-produced steel and aluminum and a host of other products on July 1, including a 10-percent surcharge on aluminum doors, door thresholds and windows. The tariffs will add 25 percent to the cost … Continue reading
Posted in Featured News, News
Tagged AEC, aluminum, Canada, fenestration, tariffs, WDMA
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AEC: U.S. Faces Possible Aluminum Shortage Due to Russian Sanctions, Tariffs
The Aluminum Extruders Council (AEC) is calling on Washington, D.C., to exclude from tariffs all countries from which the domestic extrusion industry can import primary aluminum until the administration can guarantee a sufficient domestic supply. The AEC cites a disruption … Continue reading
