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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With the growing domestic aluminium inventory and slow demand, both alumina and aluminium prices in China are registering a downward trend. China sees a drop in prices of alumina and A00 aluminium ingot prices today across all markets. Today’s average spot alumina price stands at RMB 2777 per tonne, down from last closed RMB 2819 per tonne. Spot alumina prices continued falling after touching the highest in November beginning. Though there were expectations of a price rise before the holidays, alumina prices remained flat and dropped after the Chinese New Year holiday. Chalco Alumina and imported alumina prices remain unchanged today. Today’s spot alumina prices in the spot market are shown in the below table: In an update from SMM, China's social inventory of refined aluminium including...
LME aluminium closed the last week with a slight increase after US President Donald Trump announced that the country would impose a 10% global tariff on all imported aluminium. The contract traded higher over the day and finally closed at USD2144 per tonne on Friday, March 2. Shanghai Metals Market observes that with the US dollar index falling below the 90 level, LME aluminium is expected to test the five-day moving average with resistance at the 10- and 20-day moving averages today and expected to trade within a range of $2,137-2,164 per tonne. As on March 2, LME aluminium cash (bid) price stands at US$ 2143 per tonne, LME Official Settlement Price stands at US$ 2144 per tonne; 3-months bid price stands at US$ 2151 per tonne, 3-months offer price is US$ 2151.50 per tonne; Dec 19 bid...
China’s imports of aluminium alloy increased 35.7 per cent year-on-year in January, 2018. China imported 5562 tonnes of aluminium alloy from the global market, according to the latest import-export data published by China General Customs. Data Source: www.metal.com The United Arab Emirates exported the largest amount of aluminium alloy. China’s imports from the United Arab Emirates were increased 237 per cent YoY in January. Other top countries which supplied aluminium alloy to China were Taiwan (China), Russia, Malaysia, South Korea and others. China’s aluminium alloy export volumes increased 4.43 per cent year-on-year in January 2018. The country shipped 44,568 tonnes of aluminium alloy. In 2017, China exported 536,880 tonnes of aluminium alloy. Data Source: www.metal.com Japan, Hong...
FIGEAC AÉRO Group, the reference partner for major companies in the aerospace industry, Al Salam Aerospace Industries Co, AMIC (Advanced Metal Industries Cluster Co.Ltd), an affiliated company of Tasnee and Industrial Clusters signed a memorandum of understanding (MoU) to study the opportunities for the development of aircraft precision machining production plant in Saudi Arabia. Image Source: FIGEAC AÉRO The facility will manufacture products for civil and military aircrafts. The project comes in line with Saudi Arabia’s Vision 2030 to localise military and advanced industries and diversifying the national economy. “The partnership aims to identify the market potential in this geographic region and study the opportunities for the development of an industrial site specialising in the...
After the US President Trump announced that a tariff of 10 % will be imposed on aluminium exports from all countries, European Aluminium calls on the European Commission and EU Member States to safeguard the European aluminium industry. The announcement came after the department of Commerce had published its recommendations of the Section 232 report. “We regret President Trump’s decision to impose a tariff on all aluminium imports independent of their country of origin. European aluminium exports to the US, in view of both their quantity and characteristics, do not pose any threat to US national security. Most importantly, this blanket tariff does not address the root cause of the main challenges faced by the aluminium industry today: the unsustainable and steady increase of aluminium...
American industries are expressing concerns over aluminium tariffs since they require aluminium for use in cars, aircrafts, beer, electronic etc. Higher prices of raw materials in the U.S. would lead to higher prices of products. Automakers and other users have already expressed dissatisfaction following Trump’s announcements. The Beer Institute condemns President Donald Trump’s announcement to impose tariffs on aluminium imports next week. The Beer Institute said the decision will increase the cost of aluminium in U.S and endanger American jobs in the beer industry. “Aluminium is critical to the well-being of America’s beer industry as more than half of the beer produced annually is packed in aluminium cans or aluminium bottles”, said Beer Institute. “…this 10% tariff will create a new...
Wellness beverage innovator Konnekt Smartdrinks has selected Ardagh’s 250ml aluminium bottle to expand its range of health drinks. Konnekt is using Ardagh’s shaped aluminium bottles for its new category premium health beverage. James Russell Reid, founder of Konnekt Smartdrinks “The shaped aluminium bottle has proved to be the ideal solution for expanding our brand. “Our team has worked hard to create a unique beverage that meets a growing consumer demand to enhance performance, alertness and energy levels through natural ingredients, and the choice of the right packaging was important.” Ardagh is manufacturing reclosable bottles at its specialist aluminium plant in in Beaurepaire, France. The bottles are available throughout Europe, the Middle East and India. “The inclusion of the...
Hydro announced Alunorte has issued a force majeure notice following orders from federal, state and local authorities to cut alumina production by 50 per cent. Alunorte has also declared force majeure due to lack of clarity into what measures it would take to return Alunorte to normal operations. “Contingency plans are being implemented, and Alunorte is doing its utmost to reduce the potential negative effect on customers and suppliers. Hydro, as the largest offtaker of alumina from Alunorte, is taking and assessing a range of possible mitigating actions to minimize the negative effect for its customers,” Hydro said. “The force majeure notice comes after a period of extraordinary rainfall led to flooding in Barcarena, where Alunorte is situated. Due to concerns over possible water...
The proposed aluminium import tariffs that are currently being considered by US President Donald Trump's administration could have a positive impact on South African aluminium products manufacturer Hulamin's operations, CEO Richard Jacob said on Monday. Speaking to Engineering News Online in a telephone interview, he pointed out that if aluminium supply from China was curtailed - the main aim of the tariff recommendations made by US Commerce Secretary Wilbur Ross to create greater security for the US economy - it would create a global supply and demand imbalance that would push prices up. "Hulamin could benefit." Hulamin already enjoys the benefits of duty-free access to the US as a result of both the Africa Growth and Opportunities Act (AGOA) and General System of Preferences (GSP)...
Toyota Motor Corporation said it expects the prices of car and truck to increase in the U.S. due to new tariff on imported products. Toyota said Trump’s decision to impose duties on imported aluminium and steel will adversely impact automakers. The company buys majority of aluminium and steel for the construction of its vehicles from the U.S. producers. "Nonetheless, the administration's decision to impose substantial steel and aluminum tariffs will adversely impact automakers, the automotive supplier community and consumers as this would substantially raise costs and therefore prices of cars and trucks sold in America," the company said. President Donald Trump announced on Thursday that he will impose tariffs of 10 per cent on imported aluminium and 25 per cent on imported steel.
President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada. Trump said the duties, 25 percent on steel imports and 10 percent on aluminum, would be formally announced next week, although White House officials later said some details still needed to be ironed out. Trump believes the tariffs will safeguard American jobs, but many economists say the impact of price increases for users of steel and aluminum, such as the auto and oil industries, will destroy more jobs than curbs on imports create. “We’re going to build our steel industry back and our aluminum industry back,” Trump said. Shares of U.S. domestic steel and aluminum...
According to a statement from China’s Ministry of Commerce (MOFCOM), released on Wednesday, the country has expressed "strong dissatisfaction" with the United States imposing anti-dumping and countervailing duties on Chinese aluminium foils. "The U.S. has disregarded the WTO rules and seriously damaged the interests of China's aluminium foil exporters. China is strongly dissatisfied with this," Wang Hejun, the head of MOFCOM's Trade Remedy and Investigation Bureau, said in a statement. The U.S. Commerce Department has made the wrong decision of levying high duties "without any evidence" and has "unreasonably and excessively" adopted trade remedy measures, which will affect its domestic employment and undermine the welfare of U.S. consumers, Wang added. Wang also added that China will take...
In another update from Pará, Brazil, after the instruction of Secretariat of Environment and Sustainability in the Brazilian state of Pará (SEMAS) to Hydro to cut 50% production at its Alunorte alumina refinery, a regional court issued a ruling on Wednesday, February 28, demanding Hydro to cut production by 50 per cent at its Alunorte alumina refinery. Hydro has been accused that rainstorm had led to red mud leakages from its Alunorte alumina refinery into the nearby river causing contamination of water and land. SEMAS also instructed Hydro to stop using one of two tailing dams at its Paragominas bauxite mine, located around 250 km west of Alunorte. Federal Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) also issued a notice ordering Hydro to discontinue...
Aluminium stranded wire export by Spain grew in 2017. The figures showed a significant surge in volume and value last year. Aluminium stranded wires and cables are mostly used in overhead power transmission and distribution applications in modern residential and industrial constructions. The country has been following an upward pattern for the export of aluminium stranded wire. It is estimated that the exports of this product will increase in both volume and value in 2018. Global trade data suggests that the total volume of 8610 tonnes of aluminium stranded wire will be shipped by this year end. The country is estimated to earn revenue amounting to US$43 million in 2018. Spain exported 3083 tonnes of aluminium stranded wire worth US$13 million in 2016.Aluminium stranded wire export from...
Constellium N.V. announced the grand opening of its new Automotive Structures plant in San Luis Potosí, Mexico on March 1, to supply aluminium Crash Management Systems and structural components to automakers in Mexico. The 5,000 sq m facility in San Luis Potosí features the latest technology for forming, machining, welding and heat-treating aluminium automotive components, along with a state-of-the-art quality lab to ensure products meet customers’ precise specifications. The plant is expected to have 100 employees by 2019 and may be expanded to 13,000 sq m to adapt to customers’ future supply needs. The automotive industry expects more than five million vehicles will be assembled annually in Mexico by 2020, making it one of the largest markets for automobile production. “It is an...
As updated by Shanghai Metals Market on the face of growing inventory and slow demand from smelters Weiqiao Group has lowered its prebaked anode purchasing price by RMB 200 per tonne for March at RMB 3,890-4,050 per tonne delivered. The March price followed an RMB 150 per tonne cut for February. The price drops indicate signs of an oversupplied prebaked anode market due to falling demand during the winter heating season. This led to an RMB 325 per tonne drop in the average prebaked anode price in the central China market bringing it down to RMB 3900 per tonne. In another update from SMM, China's social inventory of refined aluminium including SHFE warrants amounted to 2.13 million tonnes as of Thursday March 1, according to data. This is up from 2.07 million tonnes recorded on Monday...
Ministry of Mines is set to auction around 10 bauxite blocks in the month of March and April, 2018 in a bid to enhance India’s aluminium production, a senior government official said. Mines Secretary Arun Kumar said: “We are well endowed with bauxite reserves and I am aware that some industries are starved of materials. But with a more transparent auction process in place and the issue of price fixation likely to be resolved in the next month or so, about 10 bauxite blocks will come up for auction in March and April this year.” He was speaking at the conference on ‘Landscape for Non-Ferrous Metals in India: Vision 2030’, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with the Ministry of Mines. "In the three months, that is December, January...
As seen by Shanghai Metals Market LME aluminium is still under pressure from the strong US dollar and dropped to close at USD2143 per tonne on Thursday, March 1. LME aluminium rebounded and hit a high at $2,164.5 per tonne after US President Donald Trump announced that the country is to impose a 10% global tariff on aluminium. The contract is expected to trade higher today on positive sentiments. As on March 1, LME aluminium cash (bid) price stands at US$ 2142 per tonne, LME aluminium cash (offer) price stands at US$ 2143 per tonne; 3-months bid price stands at US$ 2136 per tonne, 3-months offer price is US$ 2138 per tonne; Dec 19 bid price stands at US$ 2173 per tonne, and Dec 19 offer price is US$ 2178 per tonne. The LME aluminium opening stock today drops to 1322150 tonnes, Live...
