Steel News

We strive to let you one step ahead of the market.

Spectro Alloys’ expansion project to meet growing demand for recycled aluminum products

26 Sep 2023 16:28 reported by Joy Liu

A A A
Spectro Alloys, a recycling company in Minnesota, planned an investment of US$71 million for the expansion of its facilities in Rosemount.

The new plant, covering an area of 90,000 square feet, will increase the production capacity by 120 million pounds per year, which will meet the growing demand for recycled aluminum products. With the additional area, the total campus size will be increased to 42 acres.

The facility will use automation and state-of-the-art equipment, with the latest pollution control technology.

The expansion project was scheduled to start in 2024, and the new facility will be put into operation in 2025.

Back to Steel News

Related News

Goldman Sachs forecasts aluminum prices to go up due to global shortages

  • Aluminum
  • 1 Dec 2023 17:00

EAEU starts anti-circumvention probe on aluminum tapes from Azerbaijan, China

  • Aluminum
  • 30 Nov 2023 16:45

Hydro signs contract with Sanvira Tech LLC for carbon anode supply

  • Aluminum
  • 30 Nov 2023 11:11

Aluminum price supported by limited supply

  • Aluminum
  • 29 Nov 2023 16:47

Saudi Deputy Minister: Global aluminum demand expected to increase by 20-30% by 2030

  • Aluminum
  • 28 Nov 2023 15:47

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,477.00
  • 2,482.00
  • Aluminum
  • 2,157.00
  • 2,197.00
  • Copper
  • 8,331.00
  • 8,419.00
  • Nickel
  • 16,330.00
  • 16,560.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290
  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290

Learn more