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,...
Grow with
AL Circle
New Wave Holdings has announced that it will acquire Alutech Metals Asiatic Pte Ltd as part of its efforts to develop and expand its aluminium product distribution business. The company also intends to tap marketing strength and customer network of Alutech Metals Asiatic in the PRC to strengthen its presence in the region. The company has entered into a conditional sale and purchase agreement with two independent parties, Tan Suan and Hu Wing Ko, to acquire the entire share stake in Alutech Metals Asiatic. Alutech Metals Asiatic was incorporated in Singapore with a wholly-owned subsidiary Alutech Metals Co., Ltd., incorporated in the People’s Republic of China. Alutech Metals Asiatic is an investment holding company and the PRC Subsidiary is involved in trading of aluminium alloy, steel,...
India is set to witness a surge in aluminium scrap recovery as Delhi prepares to scrap all old vehicles by the end of 2018. Delhi became the fifth largest passenger vehicle market in 2016, and since then PV sales in the state has been rising sharply. After the recent pollution alert in the capital, Delhi government decided to move urgently with the scrapping policy. Aluminium scrap recovery, although less significant in quantity than other global economies, largely remains undocumented in India. Implementation of a policy such as this one would provide a boost to the overall volume, industry insiders feel. Under the ‘Delhi Scrapping of Vehicles Rules, 2018’ all old vehicles, including two-wheelers, will be sent for dismantling to empanelled scrap dealers. Owners of the vehicles will be...
Leading US food and beverage companies and trade associations have urged President Trump and his administration not to impose tariffs or import restrictions on primary aluminium, cansheet and scrap. The representatives have submitted a letter to the President’s office urging the same after submission of the investigation report on the national security impacts of aluminium imports by the Department of Commerce. They observed that a 10% tariff on aluminium would cost beer and beverage producers US$256.3 million, a 20% tariff would cost US$512.5 million, and a 30% tariff would cost US$768.8 million. This, they think would increase manufacturing costs and harm the beverage industry. “Imposing an artificial price hike on American companies that employ millions of people will weaken the...
Fundamentals for the lightweight metal remain weak in China. There is lack of activities in the market and domestic prices for most of the raw materials and primary metal remain flat. The market is expected to pick up before the Chinese New Year holidays. After a moderate gain, average A00 ingot prices have registered a further drop today to stand at RMB 14,090 per tonne. The prices are expected to move within a range of RMB 14,070-14,110. Spot discount will range within RMB 130-90 per tonne today. Though the A00 ingot prices showed some gain in mid-January, the trend has been downward since the beginning of 2018. Prices of primary ingot have dropped across all domestic markets. Aluminium ingot in the east China market remains the lowest at RMB 14,065 per tonne today. Though alloy prices...
Australian bauxite export market is pegged at around US$30 million in 2018. After reaching an estimated 24 million tonnes in 2017, total bauxite export from the country is expected to total at 21 million tonnes this year. An earlier Department of Industry, Innovation and Science (DIIS) report had predicted that aluminium ore exports (by volume) from the country would rise at a 3.4 per cent year-on-year rate from FY 2017-2018 to FY 2021-2022. However, with Guinea rising as a potential competitor, exports may grow at a relatively slow pace in the medium term. A series of ongoing bauxite mining projects paints an optimistic outlook for Australia’s bauxite exports. Rio Tinto-owned mines at Gove and Weipa put up a strong operational performance in 2017. Production at Gove was 23 per cent...
Arconic Inc. delivered revenue of $13.0 billion in 2017, up 5% year over year, driven by higher volumes across all segments and higher aluminium prices. Excluding special items, adjusted income stood at $618 million in 2017 versus $505 million in 2016. The company reported consolidated adjusted EBITDA of $1.8 billion, up 17% year over year. Excluding special items, consolidated adjusted EBITDA was $1.9 billion, up 9% year over year. Consolidated adjusted EBITDA margin excluding special items was 14.3%, up 60 basis points year over year. The Company delivered net cost savings of $232 million or 1.8% of revenue in 2017. Arconic Chief Executive Officer Chip Blankenship said, “In 2017, Arconic made progress on growing revenue and profits and taking out cost. However, a significant opportunity...
Vivocom Intl Holdings Berhad’s subsidiary Neata Aluminium (M) Sdn Bhd has secured a contract worth RM27.57 million for aluminium and glazing works in Pulau Melaka. Neata Aluminium had accepted the Letter of Award (LOA) from China Construction Third Engineering Group (M) Sdn Bhd. The project will commence upon signing of the LOA and is expected to complete by September 2019. “The Project is expected to contribute positively to the earnings and net assets of Vivocom for the duration of the Project,” said Vivocom in a filing with the stock exchange. Neata Aluminium designs and fabricates aluminium windows and doors, and façade system. The company offers a wide range of aluminium window and door products, from designers of large architectural properties to residential home-owners.
Benchmark aluminium price on London Metal Exchange slid again on the first trading day of the week as market sentiments soured across the globe and dollar strengthened due to safe-haven buying. The light metal contract closed at US$2,202 per tonne on Monday, February 5, down from US$2,228 per tonne on Friday, February 2. Recent trend analysis suggests that LME aluminium may remain range-bound in the near term as there is pressure around the moving averages. As on February 5, LME official cash buyer aluminium price (Bid Price) stands at US$2,201.50 per tonne, cash seller & settlement aluminium price (Offer price) is US$2,202 per tonne, 3M Bid Price is US$2,202 per tonne, 3M Offer Price is US$2,203 per tonne, Dec1 Bid Price is US$2,253 per tonne, and Dec1 Offer Price is US$2,258 per tonne....
Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter, announced that its Line 6 Smelter, of the iconic Expansion Project, achieved a significant milestone - the First Cathode Sealing Operation - on Wednesday January 31, 2018. The first cathode is an integral part of the pot lining activities for the new Line 6 pots based on the Dubal DX+ Ultra Technology that is being employed at the Line 6 Smelter. Commenting on this achievement, Alba’s Chairman of Board of Directors Shaikh Daij Bin Salman Bin Daij Al Khalifa said: “We are very much pleased with the overall progress we have made on Line 6 Smelter. The focused-approach adopted by our team has yielded nicely on the progress of Engineering (79%), Procurement (83%), Contracts (97%) and Construction (17%)...
Rusal said its aluminium production rose 1.4 per cent quarter-on-quarter in 4Q17 to 944 thousand tonnes, with Siberian smelters representing 94 per cent of total aluminium output. In 4Q17, aluminium sales increased by 3.3 per cent QoQ totalling 1 million tonnes. In 2017, the company produced 3,707 thousand tonnes of aluminium, an increase of 0.6 year on year. Aluminium sales increased 3.6 per cent YoY to 3,955 thousand tonnes. “This increase was achieved largely due to an increase in third party aluminium products sales (+91.3% YoY to 169 thousand tonnes),” Rusal said. In 4Q17, production of value added products stood at 469 thousand tonnes, up 9.1 per cent YoY. Sales of VAP declined 3.4 per cent QoQ to 462 thousand tonnes. “The QoQ decline in VAP sales dynamics is largely explained by a...
Hindalco Industries’ alumina production reached 734 thousand tonnes in quarter ended December 31, 2017. Alumina production stood at 2, 170 thousand tonnes in 9M-FY2018. Utkal Alumina International Limited (UAIL) produced 376 thousand tonnes of alumina in Q3 FY2018.The company said its UAIL continues to be amongst the lowest cost producers globally. For Q3 FY2018, Utkal Alumina EBITDA increased 73 per cent YoY to INR 247 crore on the back of higher international alumina prices. The company reported net profit of INR 118 crore in Q3 FY2018, from INR 55 crore in Q3 FY2017. Last month, Utkal Alumina applied for environment clearance for its expansion of the alumina refinery. With the proposed expansion, alumina production capacity will increase from 1.5 million tonnes per annum to 3 million...
UC RUSAL, a leading global aluminium producer, announces operating results for the fourth quarter of 2017 and for the 12 months ended 31 December 2017 with improved performance in all segments of the value chain. In Q4 2017, total alumina production increased by 1.3% QoQ, totalling 1,990 thousand tonnes. Russian alumina operations accounted for 36% of the total output. The performance of the Company’s alumina assets was equivalent to the pre-derived production plan. Alumina production results For the twelve months of 2017 alumina production increased 3.3% YoY to 7,773 thousand tonnes. The YoY and QoQ increase in alumina production was primarily driven by continued capacity ramp up at Russian and Ukrainian alumina refineries. Urals Alumina Refinery and Nikolaev refinery posted about the...
According to the latest update from Shanghai Metals Market, average bauxite price has dropped about RMB 30 per tonne in Shanxi province. Today’s Bauxite (6.0≤Al/Si＜7.0) price at Shanxi province stands at RMB 340 per tonne. Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 270 per tonne. If we look at the trend in last one year, bauxite prices started gaining in August after remaining flat since the beginning of 2017. Bauxite prices started gaining in August. China-origin refractory-grade bauxite prices and metallurgical bauxite prices started increasing as the government ramped up efforts to reduce pollution. Near-complete shutdown of Chinese refractory-grade bauxite production has lifted spot prices. Only a tiny minority of plants that met strict environmental standards were allowed...
Sohar Aluminium successfully resumed full operations in record time after an unexpected disruption in its normal operations, which led to the complete shutdown of its Potline on August 4th, 2017. The entire plant was involved in the recovery efforts to ensure the fastest return to full production, while sustaining excellent safety standards. The recovery process was recognized as an important accomplishment within the Aluminium industry. Sohar Aluminium pays tribute for this great success to all its employees and contractors for their resilience, determination, and their “all-inclusive teamwork”. The company takes pride in its entire team that demonstrated excellence and efficiency of its operations, and thanks its Shareholders, Oman Oil, TAQA and Rio Tinto and all Stakeholders for their...
Netherlands imports substantial amount of aluminium household articles every year. China and Germany are the top exporters of this product. Imports of aluminium household articles have been declining in the last two years. Three-year trend analysis suggests that aluminium household articles import will drop this year. As shown by the data, Netherlands imported about 16630 tonnes of aluminium household articles in 2016. The amount decreased to 15988 tonnes in 2017. Considering the data for the last two year, the country is estimated to import 14142 tonnes of aluminium household articles in 2018. The cost of aluminium household articles import stood at US$ 87 million and US$712 million in 2016 and 2017 respectively. The estimated value of import will reach US$622 million in 2018. China and...
Benchmark aluminium price on London Metal Exchange inched higher on Friday, February 2, as dollar weakened and market sentiments were moderately favourable. The light metal contract closed at US$2,228 per, up from US$2,218 per tonne on Thursday, February 1. Shanghai Metals Market (SMM) foresees range-bound trading in LME aluminium; says the contract will trade at US$2,210-2,240 per tonne range on Monday, February 5. As on February 2, LME official cash buyer aluminium price (Bid Price) stands at US$2,227 per tonne, cash seller & settlement aluminium price (Offer price) is US$2,228 per tonne, 3M Bid Price is US$2,226 per tonne, 3M Offer Price is US$2,227 per tonne, Dec1 Bid Price is US$2,275 per tonne, and Dec1 Offer Price is US$2,280 per tonne. LME aluminium opening stock stands at 1077650...
DPI UK Ltd, a Midlands based business manufacturing aluminium frames and light boxes, has won a 12,000 Pound financing boost through a scheme devised to help MSMEs in Leicester and Leicestershire. The grant from Collaborate will help the aluminium frame maker to buy new automated saw and enhance its operational efficiency. Source: www.leicestermercury.co.uk Collaborate is a project funded by the European Regional Development Fund (ERDF) and its partner organisations, and is overseen by Leicester City Council. The project awarded DPI UK the grant to help scale its operations and generate employment in the process. DPI directors Sandra Wiggins and Paul Tomlinson were elated about the development. Ms Wiggins said: “The business has grown significantly and our current cutting saw was needing...
Aluminium being one of the major strategic sectors for Québec and a true metal of the future has been in the priority list of the Government of Québec. The government has designed and launched the Québec Aluminium Development Strategy on June 19, 2015, in order to stimulate growth and cover all parts of the aluminium value chain in the process. With an implementation target over three years (2015-2018), the strategy has set clear cut growth vision for Québec’s aluminium industry. The strategy aims at developing an active processing sector in Quebec so that the province can add value to the amount of aluminium produced in the region. The government aims at doubling aluminium processing in Québec over the next ten years and facilitate supply security of metal to the aluminium processing...
