Downstream aluminium weekly recap: Hindalco to acquire three new extrusion lines from Presezzi; Constellium signs aluminium flat-rolled items supply contract with Daher

The Downstream sector had a lot to offer this week, with Hindalco Industries placing a purchase order for three state-of-the-art extrusion lines from Presezzi to be developed and optimised by 2022 and 2023. While the first line is active in Hindalco’s production space, the company is yet to supply the other two lines. Constellium, on the other hand, bagged a supply agreement to provide aluminium flat-rolled products to Daher, a French aircraft manufacturer. LS Cable & System Ltd., known among the world’s largest cable manufacturers, and LS Alsco, its subsidiary for aluminium materials, successfully yielded a new aluminium alloy that can replace copper wire. The American Aluminum Association immediately segregated this element, tagging it as AA8031 aluminium alloy.

Hindalco, one of the world’s most integrated Aluminium Product Producers, has placed the order for three state-of-the-art extrusion lines with Presezzi to be delivered and commissioned during 2022 and early 2023.

To know more: https://www.alcircle.com/news/hindalco-recognizes-presezzi-extrusions-outstanding-performance-in-challenging-times-88675

Constellium, a global leader in the development, manufacturing, and recycling of aluminium products, will reportedly supply a wide range of aluminium flat-rolled products to Daher, a French aircraft manufacturer. 

To know more: https://www.alcircle.com/news/constellium-bags-one-more-jet-contract-commits-multi-year-flat-rolled-aluminium-supply-to-daher-88685

Representatives of the aluminium sector have requested government assistance to support this difficult time as they face difficulties from increased foreign imports, a shrinking market share, and rising prices. The high cost of obtaining raw materials is a significant barrier to luring new investments, according to the companies that make aluminium.

To know more: https://www.alcircle.com/news/aai-wants-the-government-to-reduce-customs-duty-on-raw-materials-88688

Norsk Hydro's Taicang plant in China has bagged the ASI Performance Standard certification that revolves around responsible production, sourcing and stewardship of aluminium. The certification attests to the company's extrusion and fabrication activities in the Chinese territory.

To know more: https://www.alcircle.com/news/hydros-taicang-plant-in-china-signs-up-for-asi-performance-standard-certification-88706

LS Cable & System Ltd., one of the world’s largest cable manufacturers, and LS Alsco, it's subsidiary for aluminium materials, developed a new aluminium alloy that can take the place of copper wire. This new high-strength aluminium alloy also received a unique alloy number AA8031 from the American Aluminum Association.

To know more: https://www.alcircle.com/news/new-aluminium-alloy-by-ls-cable-system-may-replace-the-use-of-copper-wire-in-automobiles-89688

Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the third time in a row since the year 2023 began. With effect from Saturday, January 7, Hindalco has trimmed its aluminium wire rod price by INR 1,500 per tonne from INR 226,600 per tonne to INR 225,100 per tonne.

To know more: https://www.alcircle.com/news/hindalcos-aluminium-wire-rod-billets-prices-shrink-by-inr1500-t-with-effect-from-jan-7-88660

The groundbreaking ceremony for Aluminium Dynamics, one of the biggest economic development projects in western Lowndes County, is expected to occur in early March. Along with many co-locating clients, the $2.5 billion aluminium mill will be situated close to the Golden Triangle Regional Airport, and Steel Dynamics will own the plant.

To know more: https://www.alcircle.com/news/groundbreaking-ceremony-of-the-2-5-billion-aluminium-mill-project-is-slated-for-early-march-88677