ASSA ABLOY has agreed to acquire Brazilian aluminium solutions manufacturer Rometal, strengthening its manufacturing presence in Latin America while expanding its portfolio of door systems, furniture fittings and aluminium products. Announced on November 12, 2026, the proposed acquisition would bring an established Brazilian business with approximately 500 employees into the Swedish group's Americas Division. Rometal recorded sales of approximately BRL 332 million (USD 59 million) in 2025, equivalent to approximately SEK 580 million (USD 57.57 million) in ASSA ABLOY's announcement. The purchase price has not been disclosed. ASSA ABLOY described the company's EBIT margin in 2025 as strong and expects the transaction to be accretive to earnings per share from the start. Rometal acquisition...
Finland-based renewable heat technology developer Coolbrook has joined Australia’s Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) as an affiliate partner, bringing its electrified heating technology into research aimed at decarbonising alumina refining and the wider aluminium industry. The collaboration would explore how high-temperature electric heating can support next-generation alumina refineries, reducing reliance on fossil fuels. Coolbrook would work alongside major alumina and aluminium producers, including Emirates Global Aluminium (EGA), Alcoa, Rio Tinto, South32 and Hydro, as well as research organisations of CSIRO and Adelaide University. Initially, it would focus on HILT CRC’s Alumina Refineries’ Next-Generation Transition (AlumiNEXT) project,...
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Constantia Teich, which carries out rolling of aluminium foil to basic and final conversion in Weinburg, Austria, has become the first aluminium foil roller and packaging converter and first European company to be certified against Aluminium Stewardship Initiative’s Performance Standard for environmental, social and governance performance. The Constantia Flexibles group supplies its products to numerous multinational corporations and local market leaders in the food, pet food, pharmaceuticals and beverage industries. Aluminium Stewardship Initiative (ASI) today announced the third certification issued against its newly launched standards for responsible production, sourcing and stewardship of aluminium. ASI Certification of the Constantia Teich facility signifies that Constantia...
The Taiwanese electronics technology brand once more takes pride in unveiling two new gaming notebooks Swift 5 & Predator Helios. The former is meant for people who look for travel-friendly gadgets and the latter would perfectly fit into the choice of budget gamers. Acer’s Swift 5 weights under 1 kg because of using ultralight magnesium-aluminium alloys for the palm rest area and magnesium-lithium alloy for the top and bottom cover. This new gaming notebook also flaunts very thin bezels so that the size of the display appears bigger. It features 15.6-inch display with Full HD IPS resolution along with touchscreen facility, and houses up to 1TB of storage and 16GB of DDR4 RAM. It gives an excellent sharing, streaming, and gaming experience with Intel Wireless-AC 9560 wifi which offers 2×2...
Despite rising trade tensions with the United States, aluminium exports in China increased to its highest in almost 3-1/2 years in May, Reuters reported. China exported 485,000 tonnes of unwrought aluminium and aluminium products last month, the highest since December 2014, the General Administration of Customs said. Unwrought aluminium and aluminium product exports were up 7.5 percent from 451,000 tonnes in April and up 12.8 percent from 430,000 tonnes in May 2017. Paul Adkins, Managing Director of consultancy AZ China, said, the country’s aluminium exports were holding up “against the odds,” amid the U.S. import tariff on Chinese products. The United States imposed a 10 per cent tariff on aluminium imports, effective from March 23 as U.S. President Donald Trump sought to protect...
Tomago Aluminium, one of Australia’s biggest smelters near Newcastle, has notified on Friday, June 8, 2018, that it may have to curtail operations for a third time in a week due to power shortage across the national electricity market. The company said it was asked to halt each of three potlines this week - one on Tuesday and two on Thursday due to the power reserves deficit. Matt Howell, Tomago’s chief executive told Fairfax Media, how the company was worried about another curtailment of operations later in the day. He said in a separate statement, "Australia is at a crisis point with our energy system." The Australian Energy Market Operator (AEMO) has issued a level 2 alert, anticipating a lack of reserve power for later part of the day. The alert system is installed that warns the...
NALCO Chairman cum Managing Director Tapan Kumar Chand said consumption of aluminium is set to triple by 2030 in India and aluminium producers have to increase its manufacturing capabilities to meet the demand. Dr. Chand said India will have more than double of the existing aluminium consumption per person per year in the mentioned period. Addressing the customers and vendors in the Western region in Mumbai on Saturday, Dr. Kumar Chand said, ‘’Consumption of Aluminium in India will see a quantum jump by 2030 and the country has to enhance its production to meet the demand. ‘’ The Meet with customers and vendors of western region is one among a series of meets planned across the country. NALCO has registered one of its strongest performances in 2017-18. The company has registered net...
The US dollar index extended its decline overnight and closed at 93.44. LME aluminium is on a higher range this week with the consolidation of the US dollar. LME aluminium contract closed higher at US$ 2331per tonne on June 7 from US$ 2317.50 per tonne on June 6. The contract dropped close to 2% among several moving averages overnight. Shanghai Metals Market expects it to hover between the 20- and 40-day moving averages today and trade at US$2,280-US$2,310 per tonne. As on June 7, LME aluminium cash (bid) price stands at US$ 2330.50 per tonne, LME official settlement price stands at US$ 2331per tonne; 3-months bid price stands at US$ 2336 per tonne, 3-months offer price is US$ 2337 per tonne; Dec 19 bid price stands at US$ 2325 per tonne, and Dec 19 offer price stands at US$ 2330 per...
After hovering at RMB 2998 per tonne from 1 st of June to 6 th of June, 2018, the average alumina spot price dwindled two days in a row, according to Shanghai Metals Market. While on June 7, the average alumina spot price plunged from RMB 2998 per tonne to RMB 2954 per tonne; on June 8, it further dipped to RMB 2904 per tonne. Despite the alumina spot price lowered on two consecutive days, the price had otherwise been reflecting a steady sentiment, with no frequent ups and downs. From the beginning of May till the mid, the average alumina spot price hovered at RMB 3118 per tonne. Then it dipped to RMB 3094 per tonne followed by RMB 3065 per tonne which continued almost till the end of the month. The month of June also displayed a steady alumina spot price, drifted at RMB 2998 per tonne...
Laminazione Sottile expands its productive process and inaugurates a new longitudinal slitting line for better slitting quality of its rolled aluminium products. Laminazione Sottile manufactures rolled aluminium products in different alloys and dimensions, with gauges from 6 microns to 6 mm, for a wide range of applications. The company also provides aluminium coils, sheets and circles in different alloys and dimensions. The company release says the new machinery will enable the plant to cut out narrower aluminum strips, with a remarkable improvement in the slitting quality. The new machinery will also reduce the risk of smudging considerably. With this new slitting line, Laminazione Sottile is improving its service and it is catering to the changing requirements of multilayer pipe...
The Aluminum Extruders Council (AEC) has updated the Aluminum Extrusion Manual, one of the Council’s most important and popular resources on the AEC website. The revised Aluminum Extrusion Manual version 4.2, features new and previously unpublished content, as well as expanded and updated information. The updated Manual includes a new section covering aluminum extrusion’s sustainability, expanded information on fabrication, and a discussion of specifying microstructure as a means of achieving part performance for demanding applications. The new "Sustainability" section discusses some of the ways that the use of extruded aluminum components are reducing the environmental impact of buildings and automobiles, and outlines actions that extrusion users can take to further reduce the...
The data shows a downward pattern for aluminium structures import in Israel. Israel’s imports of aluminium structures dropped 48 per cent year on year in 2017.The value of imports of this product is estimated to reach a peak in 2018. The countries from where Israel sourced maximum volume of its aluminium structures in 2017 include Turkey (2061 tonnes), the USA (524 tonnes), Italy (986 tonnes), Germany (711 tonnes), Greece (405 tonnes) and Belgium (310 tonnes). According to available import-export data, Israel imported 6021 tonnes of aluminium structures in 2017, down 48 per cent from 11475 tonnes in 2016. The country’s total aluminium structures import is estimated to decline to 6017 tonnes in 2018. The country purchased aluminium structures worth US$35 million from the international...
Soft drinks giant Coca-Cola Myanmar has launched a nationwide recycling awareness campaign called “Tan Bo Shi Tal” to encourage public awareness on plastic and aluminium recycling. This initiative is based on a circular economy-focused study by Gone Adventurin, which argued that two areas that can have significant impacts on reducing plastic and aluminium bottles into the environment are through reducing littering in public places and boosting plastic bottle and aluminium can segregation at homes and businesses. “Tan Bo Shi Tal” literally means “it has value” and colloquially “it’s worth it” in Myanmar language. Coca-Cola said the company aims to raise awareness on the value of recycling and encourage people across the country to participate. The campaign highlights the importance of...
Jamaican government is undergoing discussions with the United States Treasury Department to secure a waiver for Jamaica as the Administration moves to address any fallout from US sanctions against UC Rusal which has alumna/bauxite operations in Jamaica. “The talks are progressing favourably, but we cannot offer any guarantees at this time,” said Mining Minister Robert Montague told the House of Representatives in a statement on Tuesday. The sanctions against Rusal announced by the US in April, will affect operations at the Windalco Plant in Ewarton. West Indies Alumina Company or WINDALCO is a joint venture between the UC Rusal and the Government of Jamaica. UC Rusal owns 93% stake and manages the joint venture, while the government owns the remaining 7% share. Windalco comprises two...
The world’s biggest aluminium producer China Hongqiao Group has signed a financing agreement with Industrial Bank Co Ltd for RMB 30 billion for the upgradation of its manufacturing facilities, Reuters reported. Industrial Bank will provide Group and its subsidiaries with services including supply-chain financing, debt instruments, industrial funds and asset-backed securitization. China Hongqiao Group is a leading aluminium product manufacturer in China. Located in Shandong Province of China, the Group produces and sells molten aluminium alloy, aluminium alloy ingots, aluminium alloy casting-rolling products and aluminium busbars. China Hongqiao announced last year that it had closed 2.68 million tonnes of smelting capacity after Shandong Government ordered it to do so in an attempt to...
As reported by Shanghai Metals Market, China's primary aluminium inventory, including SHFE warrants, shrank 55,000 tonne from last Thursday to stand at 1.98 million tonne as of Thursday June 7. The commissioning of new production capacity slowed down and fewer deliveries arrived at warehouses in south China bringing down the inventory. The drop marked a fifth consecutive week of decline. The current inventory status in the major Chinese cities is as follows: Average A00 Aluminum Ingot price stands at RMB 14800 per tonne today after two consecutive rises with the spot discount ranging from RMB 60 to 20 per tonne. According to SMM research, China's May aluminium output declined 3.2% YoY and stood at 3.07 million tonne. Output in the first five months of this year dropped 2.7% compared to...
LME aluminium is on a higher range this week with the consolidation of the US dollar. LME aluminium contract closed slightly higher at US$ 2317.50 per tonne on June 6 from US$ 2314.50 per tonne on June 5. The contract hit a high of US$2,344 per tonne overnight after touching a low of US$2,307 per tonne. It now stands above all moving averages and is likely to try to break the US$2,355 per tonne level today with a trading range of US$2,320-2,360 per tonne. As on June 6, LME aluminium cash (bid) price stands at US$ 2317 per tonne, LME official settlement price stands at US$ 2317.50 per tonne; 3-months bid price stands at US$ 2322.50 per tonne, 3-months offer price is US$ 2323 per tonne; Dec 19 bid price stands at US$ 2308 per tonne, and Dec 19 offer price stands at US$ 2313 per tonne. The...
The European Union announced on Wednesday that it will impose additional duties on certain U.S. products starting from July in response to U.S. tariffs imposed on European aluminium and steel.Trump imposed 25 per cent tariffs on imported steel and 10 per cent on aluminium from the EU on June 1. The European Union will put extra tariffs on US products including bourbon, orange juice, motorcycles, blue jeans and a variety of steel products worth up to 2.8 billion euros ($3.3 billion) "The new duties start applying in July.It is a measured and proportionate response to the unilateral and illegal decision taken by the United States,” European Commission Vice President Maros Sefcovic told reporters. “The Commission expects to conclude the relevant procedure in coordination with member states...
ATEK Metal Technologies, a permanent mold foundry, is expanding its plant and technical capabilities to keep up with increasing demand for aluminium castings. The expansion is expected to be completed by the end of 2018.ATEK sells thousands of aluminium castings each day from its New Hampton plant and recently completed an expansion of its metal casting, heat treatment and finished machining capabilities. Image Source:http:atekmetaltechnologies.com “We added 40 percent to our low pressure permanent mold casting capacity to keep up with our accelerating growth,” said Tom Christie, President of ATEK Metal Technologies. “We also have added state-of-the-art precision machining capabilities to be able to provide our customers with cast and machined finished components.” The company is also...
The US Treasury Secretary Steven Mnuchin urged President Donald Trump to exempt Canada from additional 25 per cent tariffs on imported steel and 10 per cent on imported aluminium, on Tuesday, June 5, 2018, in a trade meeting at White House. This news came from senior administration officials and two sources close to the White House. According to the sources, Mnuchin made a request to Donald Trump to exempt Canada from the recently imposed additional tariffs, after returning from the G-7 finance minister’s summit in Canada. He raised the point that the United States has a US$ 2 billion steel surplus with Canada and nearly US$ 26 billion services surplus. The trade meeting on June 5 was attended by National Economic Council Larry Kudlow, Commerce Secretary Wilbur Ross, Trade Advisor Peter...
