Hydro has begun construction of a new 5,900 metric ton indirect aluminum extrusion press line at its Cressona facility in Pennsylvania, backed by a $53.5 million investment aimed at modernizing production, expanding specialist extrusion capacity, and strengthening the company’s North American manufacturing operations. The groundbreaking took place on October 27, with operations expected to commence in the first quarter of 2028. The new press will replace equipment dating from the 1950s and introduce Industry 4.0 technology, advanced automation, improved energy efficiency, and enhanced safety performance. New press targets growing demand for specialist extrusions The investment comes as demand for indirect aluminum extrusions continues to grow across commercial transportation, automotive,...
A Swiss-Polish research team has achieved up to 97.9 per cent relative density in extrusion-printed AA6061 aluminium by removing the solvent-debinding stage and extending the sintering process. The approach offers a potential alternative to conventional processing routes for sinter-based aluminium additive manufacturing, where oxidation has remained a major obstacle. The study, led by the Swiss Federal Laboratories for Materials Science and Technology (Empa), was published in Progress in Additive Manufacturing on October 15, 2026. An earlier version appeared as a preprint in May, making the journal publication the latest stage in the research’s release. The researchers combined a single-step wick-debinding process with a longer sintering hold to improve the density of printed aluminium...
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Xingfa Aluminium Holdings, a famous large-scale architectural aluminium profiles and industrial aluminium profiles manufacturer in China, announced its full-year 2022 results ended December 31, reporting a 9.7 per cent year-on-year rise in revenue to RMB 16.9 billion. But it missed analyst estimates by 2.9 per cent. The company’s net income stood down by 48 per cent from FY2021 to stand at RMB 457.8 million at the end of the year, despite an increase in revenue. Xingfa’s profit margin also dropped in FY2022 from 5.8 per cent a year earlier to 2.7 per cent, primarily driven by higher expenses. The company’s earnings per share also missed analyst estimates by 48 per cent. Free cash flow pegged at RMB 184.330 million at the end of 2022, and cash from operations stood at RMB 790.767 million....
Hindalco Industries Limited again cut its aluminium products prices on March 16 after an intermittent hike the previous day. According to the latest price list, the company’s aluminium wire rod price has come in at INR 225,100 per tonne as of March 16, down by INR 2,000 per tonne. On March 15, the price stood at INR 227,100 per tonne after experiencing an increase of INR 4,500 per tonne from INR 222,600 per tonne. Hindalco’s aluminium billets price was also revised for the third day in a row, with effect from March 16. The price saw a cut of INR 2,000 per tonne to stand at INR 228,100 per tonne as of March 16, whereas it rose by INR 4,500 per tonne from INR 225,600 per tonne to INR 230,100 per tonne on March 15. Aluminium ingot price was no exception but also underwent a cut on March 16...
Eural, one of the largest European manufacturers of extruded aluminium bars and rods, has developed new lead-free, free-cutting aluminium alloys, which are expected to be compatible with stringent regulations and offer excellent machinability and productivity. As per Eural, the discovery is termed aluminium alloy 2077 and has outstanding mechanical characteristics and great machinability. It produces tiny chips equivalent to those produced in 2011, making it perfect for high-speed automated lathe machining to achieve high productivity. With Rm greater than or equal to 69.6 Ksi ultimate tensile strength (UTS), the 2077 Lead-Free aluminium alloys have outperformed 2024. Hard alloys like 2014, 2014A, 2024, 2017, 2017A, 7020, and 7075 are alternatives to it. Depending on the ultimate use, it...
In accordance with the restructuring plan signed in November 2021 following the company's reorganisation in February 2019, Gulf Aluminium Rolling Mill "GARMCO", a portfolio company of Bahrain Mumtalakat Holding Company, announced its first repayment to creditors of USD 23 million. GARMCO reported that it settled its first payments after the business experienced its most profitable year since it started its journey. The reorganisation plan allowed GARMCO to convert the remaining 28 per cent of its debt into company shares while repaying 72 per cent of its total value over an 11-year period. Arif Rahimi, the Chairman of GARMCO and board representative of Mumtalakat, said, "The plan has enabled us to continue operating and maintain our leading role in the Aluminium downstream industry...
According to the Shanghai Metals Market survey, the average operating rates of China's domestic aluminium plate/sheet and strip producers stood month-on-month higher by 0.62 percentage point at 63.15 per cent during February 2023. But on a year-on-year basis, the operating rates edged a significant downfall of 14.26 percentage point. In February, aluminium plate/sheet and strip production grew, along with the downstream orders owing to the peak season ahead. At the same time, the inventory of finished products held by many companies decreased sharply from the previous month. SMM estimates the production and sales of aluminium plate/sheet and strip will grow further in March as the peak season arrives. But several industry players pointed out the market demand was weaker in February...
The Managing Director of Hindalco Industries, Mr Satish Pai, has been named the President of the Indian Institute of Metals (IIM). IIM is an adequate body for professional metallurgists in India. It was formed as early as 1945 and was possible through the efforts of a few metallurgists. Since then, the growth of the Institute has been phenomenal. Starting with a modest membership of 42, the IIM Membership stands for more than 10,000 drawn from various fields of metallurgical activity. The 77 th Annual Technical Meeting of the Indian Institute of Metals (IIM-ATM) and International Conference on Metals will take place on November 22-24, 2023. IIM Sambalpur, IIM Angul and Hindalco Industries will organise the chapter, and the venue selected is KIIT, Bhubaneswar, Odisha. The flagship annual...
Novelis, one of the largest low-carbon aluminium solutions supplier and the world's leading aluminium rolling and recycling agency in partnership with an R&D laboratory, Net Zero Lab Valais, has reached acute success in ending the first year of operation. The collaboration has introduced major projects focusing on optimising Scope 1 and 2 carbon-neutral aluminium productions at Novelis' Sierre plant in Switzerland. Within the first year of Novelis' alliance with Net Zero Lab Valais , the company had to allot a proper budget for a new electric pusher furnace, which would be crucial in negating the usual amount of carbon emissions from the production lines. This new technology will help Novelis to pre-heat aluminium sheet ingots with renewable or green energy in place of natural gas use,...
Leicester-based Bridge Aluminium has officially bought the proprietary right of Grainger & Worrall Engineering, a firm that excels in producing aluminium casting components for the automotive industry. This premeditated agreement will be very crucial in protecting the 36 employees already working under the casting company. The Bridgnorth situated iron or aluminium castings manufacturing unit has been a major supplier in the automotive, precision engineering and machine parts producing subsector. Grainger & Worrall Engineering has selected Daniel Smith and Paul Meadows, belonging to Teneo Restructuring, to conduct the entire insolvency decorum. The director of Bridge Aluminium, Grainger & Worrall Engineering, Chris Shield, exclaimed: “We have significant growth plans for the business and...
Nuveen Asset Management LLC, an investment advisory solutions provider, quit 892 shares of Kaiser Aluminum Co. during the third quarter of 2022, according to the company’s most recent filing of Form 13F with the Securities & Exchange Commission. Nuveen owned 103,463 shares of Kaiser during the quarter and owned 0.65 per cent of worth $6,348,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Point72 Hong Kong Limited bought new shares of Kaiser worth $80,000 tonnes during the second quarter and Captrust Financial Advisors raised holdings in shares by 76.1 per cent during the first quarter. The latter now owns 1,016 shares of the industrial products company’s stock worth...
One of the biggest aluminium industry players in Sri Lanka, Alumex PLC, has declared the initiation of its flagship loyalty drive, “Divikavuluwa”. The largest aluminium extrusion manufacturer in the region is eager to introduce community-based programmes to augment the future positions of the nation’s aluminium fabricators. In alignment with the programme, all Alumex products would now be tagged with barcode stickers so that fabricators may encash the points embedded for account credit. These points will accumulate against a particular user id and can be redeemed over time by the user for any future purchases, retirement savings or use in urgency. Alumex, through this “Divikavuluwa” programme, wishes to allot bonus points and rewards for the fabricators in the upcoming days. The Alumex...
Hindalco Industries Limited has continued to cut its aluminium products prices for the fourth consecutive time since March 2 in line with the sluggish trend in the LME aluminium benchmark price. With effect from Tuesday, March 14, Vedanta has reduced its aluminium wire rod price by INR 1,500 per tonne to INR 222,600 per tonne. On Saturday, March 11, the company’s wire rod price was at INR 224,100 per tonne, undergoing a much higher cut of INR 5,750 per tonne. With the latest cut, Hindalco’s aluminium billets price has come in at INR 225,600 per tonne as of March 14, also down by INR 1,500 per tonne from INR 227,100 per tonne on March 11. Hindalco’s aluminium ingot price has stopped at INR 211,500 per tonne per tonne as of March 14 after seeing incessant cuts for the past week. On March...
An additional round of capital investment is on the way at Stellantis' aluminium casting plant in Kokomo, Indiana, as the automaker prepares to use those three sites to produce electric drive modules (EDMs) for battery-electric vehicles. The $155 million programme will fund aluminium casting, machining, and final assembly for EDMs used in future battery-electric vehicles on the STLA Large and STLA Frame platforms. The Italian-American-French multinational automotive manufacturing corporation, Stellantis, was formed in 2021 based on a 50–50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group. The company is headquartered in Amsterdam. Since 2020, Stellantis has invested more than $3 billion in Indiana to establish production...
According to the US Census Bureau data, the United States imported 388,000 tonnes of aluminium crude metals and alloys in December 2022. On a month-on-month calculation, the import volume surged by 109,000 tonnes or 39.07 per cent from 279,000 tonnes, and on a year-on-year basis, increased by 72,000 tonnes or 18.56 per cent from 316,000 tonnes. In the fourth quarter of the year, the United States aluminium crude metals and alloys imports amounted to 989,000 tonnes, reflecting a decline of 3.23 per cent sequentially from 1.022 million tonnes, showed the US Census Bureau. However, the United States total imports of aluminium crude metals and alloys in 2022 registered an increase of 14.33 per cent over a year from 3.63 million tonnes to 4.15 million tonnes. Canada, being the highest supplier...
Magellan Aerospace Corporation has publicised its decision to join hands in a long-term agreement (LTA) with Collin Aerospace for the production of intricate magnesium and aluminium castings for multiple uses in the military & defense community and the commercial aerospace sector. Magellan’s factories in Ontario, Arizona, Glendale and Renfrew would manufacture these high-precision magnesium or aluminium components. The company excels in manufacturing and supplying aerospace components all around the territory, alongside being an extraordinary conductor of sand casting techniques. Magellan claims to be the first company in the additive manufacturing sector to activate 3D sand printing procedures for manufacturing its magnesium or aluminium components. The company has never refrained from...
After supplying special steel for the iconic Vande Bharat, Mishra Dhatu Nigam Limited or Midhani, the public sector metallurgy unit of the defence ministry is prepared to supply aluminium metal sheets, rings, special steel alloy and other materials for the construction of new generation railway as well as metro rail coaches for a variety of projects. The publicly traded company recently provided 400 axles for contemporary trains that were previously imported from China and are currently competing for the larger quantities, amounting to roughly 18,000 axles, for the contract issued by the Railways' Integral Coach Factory (ICF) in Chennai. "Our metal is being used to build fighter jets, helicopters, missiles and submarines. Hence, our credentials and capabilities are proven as well as...
Keselowski Advanced Manufacturing (KAM) has declared an alliance with Granges Powder Metallurgy, referred to in the USA as JD Technologies Global, LLC. This partnership will propel the conglomerates' prowess in the United States for precisely engineered additive manufacturing solutions made with DISPAL® (aluminium alloy) powder. KAM's VP of Engineering and Sales, Jim O'Toole, cherished the collaborative efforts and lauded the agreement, pointing out the importance of DISPAL® (aluminium alloy) material for the additive manufacturing industry. Granges has a superlative manufacturing knowledge of DISPAL® in various industrial aspects, with assorted usage in the United States and internationally. DISPAL® has more tenacity than aluminium as it is less erodible, extremely robust and strong. It...
Last week, Hindalco Industries Limited reportedly bagged dual certification from the Aluminium Stewardship Initiative – 1) Performance Standard V2 (2017) and 2) Chain of Custody V1 (2017) for its aluminium rolling operations at Hirakud FRP (flat rolled products) plant in Odisha, India. Hindalco achieves ASI certification for the second time. Earlier, it received Performance Standard Certification for its Mouda aluminium foil plant. In May 2022, Hindalco’s Hirakud plant joined Aluminium Stewardship Initiative as a new production and transformation member. At the Hirakud plant with 135,000 tonnes of capacity, Hindalco produces thin-gauge tight tolerance flat rolled products, including ultra-light gauge foil stock for making aseptic carton packs, can body stock for beverage cans, closure...
Aluminum Dynamics, one of the largest economic development projects in western Lowndes County, owned by Steel Dynamics (SDI), broke ground on Tuesday, March 7. The 2.5 billion aluminium mill project is expected to begin operations by the summer of 2025. With the construction of this aluminium mill, the residents of the Golden Triangle and the surrounding areas will be the most benefited. Almost 800 Mississippians can apply for high-paying employment at Aluminum Dynamics in roughly 24 to 36 months. Business executives and government officials predicted that the aluminium mill would have a snowball impact the economy and education. The pay might exceed six digits. There will also be rewards for select employees who send their children to college. This is one strategy lawmakers seek to...
