Ford Motor Company‘s aluminum-body 2015 F-150 pickup won the North American Truck of the Year award by topping the votes of the independent, 57-member jury of US and Canadian auto writers and editors.
The F-150 is first standard-duty pickup to use an aluminum body, which cuts weight for better mileage and greater towing and hauling capabilities. It went on sale in November. It also drives more nimbly than most pickups, the voters said.
On Friday, January 9, the day’s biggest mover was the Indian aluminum cash price, which saw a 0.9% increase to INR 114.30 ($1.83) per kilogram. This increase comes after the price fell for the two previous days. Following a 0.8% rise last Friday, the cash price of primary aluminum closed on the LME at $1,776 per metric ton. After falling for two days, the aluminum 3-month price rose 0.6% on the LME to $1,802 per metric ton.
Chinese aluminum closed mixed last Friday. Today marks the fifth day in a row of increases for the cash price of Chinese aluminum. After climbing 0.5%, prices settled at CNY 12,830 ($2,065) per metric ton, driving an accelerated improvement since Monday, January 5. After hitting a 30-day low of CNY 12,840 ($2,066) per metric ton on Wednesday, January 7, the price of Chinese aluminum bar rose 0.5% last Friday. The price of Chinese aluminum scrap steadied at CNY 12,200 ($1,963) per metric ton following two-days of dropping prices. The price of Chinese aluminum billet held steady at CNY 13,200 ($2,124) per metric ton.
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