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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Constellium N.V. announced the release of its 2017 Business and Sustainability Report, including results and progress updates on its 2020 sustainability targets. The company press release says, they conducted a new Materiality Assessment to ensure their sustainability programs remain aligned with the stakeholders’ expectations. This Assessment confirmed that their stakeholders have an overall positive perception of Constellium’s sustainability performance. The company is defining a greenhouse gas reduction program and have also conducted a full Life Cycle Assessment (LCA) model of their activities and products. The model covers all other phases of the products’ life cycle, such as metal sourcing, product usage phase, and end of life recycling. “Constellium’s 2017 Business and...
Germany exports more aluminium scrap than it imports every year. The automotive industry is the biggest sources from where aluminium scrap is generated. The country exports about 1 million tons of aluminium scrap. WMR Recycling, Harita Metals Co, ScholzAlu Stockach GmbH, TSR Recycling GmbH & Co. KG are some of the major scrap suppliers in Germany. As shown in data, Germany imported an estimated 787844 tonnes of aluminium scrap in 2017. The total cost of import was USD 1.1 billion. Compared to 2017, the country is estimated to import 760840 tonnes of aluminium scrap. The value of import is estimated to stand at USD 960 million by the end of the current year. Netherlands and Poland exported 154069 tonnes and 121651 tonnes of aluminium scrap in 2017. UK, France and Austria also export...
Renault Australia unveils the pricing for its new Alpine A110 which dons an all-aluminium construction. The order books of this new beauty are now open for the three variant ranges, starting at US$97,000 plus on road-costs for the entry-level Pure, US$103,500 for the up-specced Legende, and US$106,000 for the limited Australian Premiere Edition. Among many unique features like Brembo brakes, a bi-modal sports exhaust, and light-weight one-piece Sabelt bucket seats, what stand out for this car are brushed aluminium pedals and 18-inch Fuchs’ forged aluminium alloy wheels, with blue highlights. Also, its aluminium platform body that limits kerb weight to 1080 kg while providing exceptional rigidity with optimal weight distribution (44 per cent front and 56 per cent rear) deserves special...
Growing popularity of lighter and more fuel efficient vehicles has created new demands on cast aluminium parts and associated production processes. Melting furnaces now have to handle a mix of large flat cast parts and smaller thin-walled material. The number of aluminium die-casting structural parts in automotive manufacturing is increasing constantly and more and more individual parts are being combined to form integral aluminium parts. This resulted in a need to handle, make and process bigger combined and structural parts. StrikoWestofen, a Norican technology, has developed several products for casting structural parts. One of them is the StrikoMelter “BigStruc”, a melting furnace that can melt complete stacks of pig iron just as well as with small, thin-walled return material. Not...
As confirmed by some trusted sources, Indian operators are going to relaunch the long-awaited Cameroon Alumina Limited’s (CAL) bauxite mining project. It’s been over years now this plan was proposed to set up a Greenfield project involving bauxite mining, a 3 million-tonnes-per-annum alumina refinery, and associated infrastructure, backed on the bauxite deposits of Ngaoundal and Minim-Martap in the Adamawa region of Cameroon. However, not much detail on this update is known yet. According to the sources, this topic was discussed on May 30, 2018, during the audience granted to Ravi Kumar, the Indian consul in Cameroon, by Ernest Gbwaboubou. During the meeting, the consul expressed that its partners Indostand Aluminium, Dubai Aluminium and Hydromines, the Indian company Hindalco were...
After starting the week on a high with the consolidation of the US dollar LME aluminium closed slightly lower at US$ 2314.50 per tonne on June 5 from US$ 2324.50 per tonne on June 4. LME aluminium hovered around the US$2,320 per tonne level overnight after hitting a high of US$2,340 per tonne. Shanghai Metals Market expects the contract to trade rangebound at US$2,300-2,340 per tonne today. As on June 5, LME aluminium cash (bid) price stands at US$ 2314 per tonne, LME official settlement price stands at US$ 2314.50 per tonne; 3-months bid price stands at US$ 2315 per tonne, 3-months offer price is US$ 2315.50 per tonne; Dec 19 bid price stands at US$ 2297 per tonne, and Dec 19 offer price stands at US$ 2302 per tonne. The LME aluminium opening stock slightly dropped to 1192100 tonnes....
The national aluminium associations’ leaders from Canada, the United States, Europe and Japan have called for the creation of a Global Multilateral and Governmental Forum on Aluminium Overcapacity based on a robust international monitoring system. The national aluminium associations' leaders have urged the G7 leaders to formally request the G20 to create Global Aluminium Forum and an international monitoring system. The event took place, with the active participation of the Canadian and Quebec governments, representatives of G7 governments and of the industry leading companies from Canada, USA, Europe and Japan on June 3rd and 4th in Montreal. "The creation of a global forum will help us to address illegally subsidized Chinese overcapacity, which is challenging aluminium companies across...
The average A00 aluminium ingot price surged on Wednesday, June 6, 2018, to close at RMB 14640 per tonne after a fall on the previous day from RMB 14550 per tonne to RMB 14520 per tonne, according to Shanghai Metal Market (SMM). The prices are expected to range within RMB 14620 per tonne to RMB 14660 per tonne, with spot discounts remaining same at RMB 70 per tonne to RMB 30 per tonne. Tight supply in the Chinese market due to fewer deliveries to warehouses could be a reason for the price surge. Shanghai Metal Exchange (SME) also registered a price rise from US$ 2266 per tonne to US$ 2289 per tonne on June 6. Besides, the aluminium price across the globe had been on the upswing since long. While the east saw a significant price growth of aluminium ingot from RMB 14530 per tonne to RMB...
Russian aluminium giant Rusal increased its aluminium sales by up almost threefold in May. According to news reported by Interfax news agency and published by Reuters, the company exported 197,000 tonnes of aluminium last month. Citing Russian Railways data, Interfax said aluminium exports declined 16 per cent year on year to 972,000 tonnes in the first five months of 2018. Last month, Rusal restarted the shipment soon after the United States extended the sanctions deadline further from June 5 to October 23, 2018, for companies to wind down contracts with the Russian firm under US sanctions, sources said. When the United States declared sanctions against Rusal on April 6, many of its customers intimidated not to ship aluminium until their legal and compliance teams confirmed the contracts...
Inductotherm - Banyard has announced the successful contract for supply to Hydro Precision Tubing Tonder (HPTT) plant in Denmark, with imminent dispatch of 2x Banyard LFi Smart systems, which consists of 2x Zero Friction, Multi-layer, Multi Zone coil Induction Heaters for 9” aluminium billets, to work with HTPP’s P25 press upgrade programme - The Heaters are each 750 kW and the system includes Cold Billet Positioning Systems, Overhead Manipulator and full Control Interface to the press. The HPTT project team has worked closely with the Banyard project team to fully assemble the equipment in UK, to facilitate a quick install in Denmark. In the forthcoming weeks representatives of HPTT will be visiting the Banyard manufacturing facility at Inductotherm Heating & Welding in Basingstoke UK,...
The European Union, in retaliation to new U.S. tariffs on EU steel and aluminium exports is planning tariffs on US products including bourbon, motorcycles and blue jeans worth up to 2.8 billion euros ($3.3 billion), as reported to the World Trade Organization. Harley-Davidson said a trade war with Europe or retaliatory tariffs would "significantly" hurt motorcycle sales. Shares of the dropped as much as 2.3% on Friday after the news had floated in the market. The popular motorcycle company's manufacturing costs have already been affected by Trump’s tariffs on steel and aluminium imports. If the European increases duties on imported motorcycles and other goods, it would directly hit Harley's product sales in Europe. Harley-Davidson shipped about 19% of its products to Europe in the first...
According to Shanghai Metal Market update on June 4, 2018, aluminium rods processing fees in Shandong province have witnessed a plunge since early May to below RMB 300 per tonne ex-works as of Friday, June 1. The primary reason for this price drop is the growing competition among aluminium rod processors in Jiangsu province, as SMM learned. Previously, on May 2, the aluminium rods processing fees in Shandong had surged to as high as RMB 800 per tonne ex-works, owing to the rising fees as decided by the processors to offset lower profits from aluminium ingots. Subsequently, aluminium rod processors started operating on higher profits in Jiangsu from May, followed which profits across local processors in Yixing city increased to over RMB 100 per tonne. Before May, aluminium rod processors...
Saudi Arabia imported US$126.8 billion worth of goods from around the world in 2017. The country’s imports of aluminium stranded wire increased in 2017. Saudi Arabia imported about 48108 tonnes of this product in 2017, an increase of 108 per cent YoY. Saudi Arabia’s imports of aluminium stranded wire which are used in overhead power transmission and distribution applications in modern residential and industrial constructions is expected to decline in 2018. Bahrain exports the largest part of aluminium stranded wire to Saudi Arabia. Bahrain exported about 42201 tonnes of aluminium stranded wire in 2017, up from 17457 tonnes in 2016. Other top exporters who have been selling aluminium stranded wire to the country include India (4400 tonnes), and China (940 tonnes) (2017 data). According to...
Turkey will respond to the US tariffs on aluminium and steel by imposing countertariffs on American produced products starting from June 21, Hürriyet Daily News reported. The move follows Trump’s decision to impose tariffs on aluminium and steel from many countries, including Turkey. Turkey, which exported $1.04 billion worth steel and $60 million worth aluminium to the U.S. last year, will impose tariffs on certain imported products from the US, including coal, paper, walnuts, almonds, tobacco, unprocessed rice, automobiles, machinery and equipment, and petrochemical products. The country had expected a positive response from the US in regards to aluminium and steel tariffs exemptions when Nihat Zeybekci, Economy Minister of Turkey, had written a letter to US commerce secretary Wilbur...
Following the European Union, Mexico announced on Monday, June 4, 2018, that it would file a complaint with the World Trade Organisation (WTO) over the US additional tariffs on imported aluminium and steel. The economy ministry said in this regard, “it will initiate a dispute settlement process under the umbrella" of the WTO, and that its actions will continue to follow the state of international commercial law and will be proportional to the damage that Mexico regrettably received." The European Union and Mexico have already opened legal challenges to the United States at the WTO. Mexico, following their path, submitted a request for consultations with the US over the additional tariffs. It argued that the tariffs imposed on the grounds of national security were not relevant to the WTO...
LME aluminium started the week on a high with the consolidation of the US dollar and closed at US$ 2324.50 per tonne. The contract came off a high overnight after it rose to a high of US$2,343 per tonne as the US dollar rebounded. As its trading level expands upwards, Shanghai Metals Market expects it to continue to rise today with a trading range at US$2,300-2,340 per tonne. As on June 4, LME aluminium cash (bid) price stands at US$ 2324 per tonne, LME official settlement price stands at US$ 2324.50 per tonne; 3-months bid price stands at US$ 2319 per tonne, 3-months offer price is US$ 2321 per tonne; Dec 19 bid price stands at US$ 2285 per tonne, and Dec 19 offer price stands at US$ 2290 per tonne. Currently, LME cash price is again settling higher than the 3 months LME aluminium....
According to Shanghai Metal Market, the average A00 aluminium ingot price plunged on June 5, 2018, from RMB 14550 per tonne to RMB 14520 per tonne. The prices are expected to range within RMB 14500 per tonne to RMB 14540 per tonne, with spot discounts remaining same at RMB 70 per tonne to RMB 30 per tonne, as that of the previous day. On Monday, June 4, 2018, the average A00 aluminium ingot price had surged to RMB 14alumi550 per tonne on the back of fewer deliveries to warehouses, after a fall on the prior day, June 1, 2018, from RMB 14610 per tonne to RMB 14490 per tonne. To say the truth, aluminium ingot price, according to SMM, has been oscillating since the beginning of May and likely to continue. Almost all the major Chinese markets witnessed dwindle in aluminium ingot prices today,...
Metro Mining happily announced a successful arrival of its first two shipments 123kt bauxite in China and confirmed the receipt of payment from off-take partner Xinfa Group. Xinfa Group, which has a 4-year off-take agreement with Metro, was responsible for handling the delivery of the shipment from the Bauxite Hills mine in Queensland to Shandong in China. With the first successful shipment, Metro is reportedly experiencing an increasing buying interest for bauxite from its Bauxite Hills mine in Queensland. Metro’s managing director and CEO Simon Finnis said, “Receiving first sales revenue is another exciting milestone for Metro and heralds in a new era for us. I’m pleased with our ramp-up and the improvement in mining and loading rates from pit to ship as the commissioning issues are...
