Explore how GM is expanding aluminium casting capacity in Indiana to support 10-speed transmissions and strengthen its US manufacturing footprint. General Motors is investing more than USD 40 million in its Bedford Casting Operations in Indiana, expanding aluminium casting capacity to support...
In recent weeks, the domestic spot aluminium ingot market has exhibited notable regional divergence. While basis levels in East China and the Central Plains have remained relatively stable, the South China market has seen its aluminium ingot basis strengthen independently to a year-to-date high....
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Mexico imported 13,400 tonnes of aluminium crude metals and alloys from the United States in February 2023, according to the US Geological Survey. The import volume was 4.29 per cent or 600 tonnes fewer month-on-month than 14,000 tonnes but reflected a rise of 16.52 per cent from 11,500 tonnes a...
The leading South Korean aluminium foil producer, Dong-IL Aluminium Co., has reportedly accelerated its production capacity to cater to the ever-growing demand in the electric vehicle (EV) sector, especially in the United States and Europe. The company will supply more aluminium foil to local EV...
Book your calendar in advance for the Thirteenth International Aluminum Extrusion Technology Seminar & Exposition, to be held on April 30 - May 2, 2024, at Rosen Shingle Creek, Orlando, United States. If you wish to explore potential business opportunities or expand networkingin the aluminium...
Linamar has started optimising a new giga casting plant in Welland, Ontario, scheduled to begin activities in February 2025. The plant, when prepared, will supply structural aluminium castings for application in lightweight automobiles. The company has already begun site preparation for the plant....
The downstream sector has seen temporal waves this week, with the Zurich Cantonal Bank lowering its stake in Kaiser Aluminium Co. by 28.8 per cent in 4Q 2022 and Novelis marking a 27% fall in FY 4Q 2023. SRF, the Indian multi-business chemical conglomerate, announced the construction of an...
Mills CNC will be featuring one of their most popular simultaneous 5-axis machining tools at the Manufacturing Solutions – Ireland 2023 Exhibition in Limerick on June 14-15. The DVF 5000 can accurately manufacture aluminium components with the use of metal powder. As the exclusive distributor of DN...
Vedanta Aluminium is reportedly increasing production at its smelters in Jharsuguda (Odisha) and Korba (Chhattisgarh) to widen its product lines and diversify product mix to cater to sunrise sectors like high-tech manufacturing, electric vehicles, green building, renewable energy, and battery...
Novelis, the world’s leading flat-rolled aluminium producer and aluminium recycler, announced its fourth quarter and full year results of FY2022-23 ended March 31. The company noted that its net income attributable to common shareholders in Q4 FY2023 was $156 million, down by 27 per cent from $215...
The Equipment and Manufacturing West Africa Expo is a unique platform bringing together influential decision-makers, innovators, and suppliers from the region and beyond. The event allows attendees to network with 4000 industry peers and find the ideal products and solutions from local and...
SRF, the Indian multi-business chemical conglomerate, announced that its board of directors has decided to establish a new facility that would include SRF Altech Limited, a wholly-owned subsidiary of the firm. The new factory, expected to cost INR 425 crore, would produce aluminium foil. As per the...
According to a report on Monday, May 8, Zurich Cantonal Bank reduced its shareholding in Kaiser Aluminium Co. by 28.8 per cent in the fourth quarter. As per the disclosure with the Securities and Exchange Commission, the bank shed off 743 shares during the said quarter and owned 1,835 shares of...
Being attentive to protecting the environment and limiting our impact on the planet nowadays is not only an ethical and moral matter, but it is also a value-added to be competitive in the global market. Increasingly tightened legislation and more rigorous environmental standards force the companies...
Sagar Asia Private Limited, the Hyderabad-based family-owned aluminium engineering firm, has gained a strong reputation in India in the past few years as a household brand product. The company now offers four business lines, all related to climbing and access. Sagar Asia has worked tirelessly to...
The downstream aluminium sector has been subjected to various new updates to introduce more sustainability into the material loop. The Fédération Internationale de l’Automobile (FIA) has attested to using Constellium’s Aheadd® CP1 aluminium alloy in manufacturing F1 racing cars to be launched in...
On May 4, 2023, Arconic Corporation announced that it has entered into a definitive agreement to be acquired by funds managed by Apollo Global Management, Inc. affiliates in an all-cash transaction that values the Company at an enterprise value of approximately US$5.2 billion. The acquisition...
It has been reported that Press Metal Aluminium Holdings Bhd is about to expand its extrusion capacity in its Klang plant at Selangor to suffice the rising demand for solar panels. Tan Sri Koon Poh Keong, the firm's chief executive officer, assured that Press Metal was hoping for an additional...
Fédération Internationale de l’Automobile (FIA), the regulatory body governing the Formula 1 (F1) and other worldwide motorsports, has authorised Constellium’s Aheadd® CP1 aluminium alloy for use in F1 racing cars starting in the 2024 season. Under a recent collaboration between Velo3D, Inc., a...
According to the US Census Bureau data, the United States’ aluminium crude metals and alloys imports during February 2023 amounted to 238,000 tonnes, reflecting a plunge of 22.48 per cent from a month ago. In January, the import volume was 307,000 tonnes after being plummeted by 20.88 per cent from...
