US aluminium makers sound alarm over magnesium, silicon shortage
The Straits Times|October 16, 2021
There is a widening scarcity of essential raw materials for aluminium used to make cars and building supplies that threatens to worsen a supply squeeze that has already pushed US prices close to all-time highs.

Matalco, the largest United States producer of aluminium billet, is warning customers it may curtail output and ration deliveries as soon as next year amid a magnesium shortage.

Difficult-to-source supplies of other raw materials and soaring natural gas prices are adding to the challenges, Matalco said in a letter to customers obtained by Bloomberg News.

Alcoa, the largest US maker of raw aluminium, also voiced concerns about magnesium (Mg) scarcity and has been seeing so-called force majeure declarations by some suppliers.

Continue reading your story on the app

Continue reading your story in the newspaper

MORE STORIES FROM THE STRAITS TIMESView All

Online Fraudsters Hit By Pandemic Blues When Covid-19 Cases Rise

Some scams simply harder to carry out amid lockdowns and working from home

4 mins read
The Straits Times
December 07, 2021

Shock To Crypto Daredevils Joins List Of Market Omens

Losses pile up for retail dip-buyers; market retreat shows Bitcoin to be imperfect hedge

3 mins read
The Straits Times
December 07, 2021

Cambodia Will Work With Myanmar Junta, Says Hun Sen

Cambodia will work with Myanmar’s military regime, the country’s premier said yesterday, breaking ranks with fellow Asean nations in the regional bloc.

2 mins read
The Straits Times
December 07, 2021

China Threatens To Retaliate If US Keeps Urging Games Boycott

Beijing warns Washington not to hurt bilateral ties as US officials are set to skip Winter Olympics

2 mins read
The Straits Times
December 07, 2021

Fears Over New Strain's Rapid Spread As Cases Rise Worldwide

Prospects of more stringent curbs loom over holiday period, instead of return to normalcy

3 mins read
The Straits Times
December 07, 2021

Japan PM Vows Sweeping Review Of Defence Policy

Kishida says it’s time to revise pacifist charter, also stands by stringent anti-virus measures

3 mins read
The Straits Times
December 07, 2021

Putin Visits India To Boost Military And Energy Ties

Moscow, a key arms supplier to Delhi, signs deal for India to make AK-203 assault rifles

2 mins read
The Straits Times
December 07, 2021

S. Korea's Latest Curbs Leave Some Foreigners Shut Out

Move to not accept their vaccination status means they are barred from eateries, cinemas

2 mins read
The Straits Times
December 07, 2021

Special Report Released To Keep Parliament Informed

Committee will keep House informed of progress of probe ‘in a timely manner when appropriate’

3 mins read
The Straits Times
December 07, 2021

What Drives Russian Leader's Ukraine Brinkmanship?

To Putin, Russians and Ukrainians are ‘one people’ – a belief widely shared by many in his country

3 mins read
The Straits Times
December 07, 2021