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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The Federation of Indian Chambers of Commerce & Industry (Ficci), a non-governmental trade association and advocacy group, has reportedly figured out the necessity of higher import duty on aluminium and aluminium products. According to a report, the association has sought at least 12.5 per cent of...
The car manufacturing process could be completed with much more reduced cost, eco-friendly, and rapid with new aluminium component production state-of-art technology. Typically, aluminium is essential to reducing a car's weight, which also aids in lowering fuel consumption. The modern vehicle...
The family-owned private company dealing with non-ferrous metals with global headquarters in St. Louis, Missouri, Metal Exchange Corporation, has announced that Mark Butterfield has been promoted to President of Manufacturing. In his new role, Mark Butterfield will be responsible for the overall...
According to a senior US government official, the US government under Joe Biden will not lift the higher import taxes levied by the Trump administration on aluminium and steel products made in India until the "fundamental issue" of excess capacity and the actions that contributed to the issue are...
Swisstek Aluminium Ltd. has earned the respectable ISO 50001:2018 certification for its Energy Management System (EnMS) by Sri Lanka Standards Institute, making it the first enterprise in the country’s industrial history to secure such an honour. Founded in 2019, Swisstek Aluminium, a subsidiary of...
American Aluminium Extrusion has acquired all stocks owned by businessman Diane Hendricks after 22 years of joint ownership held by Sam Popa and the former. Located in Roscoe, Illinois, American Aluminium Extrusion provides the local semitrailer manufacturing industry with aluminium profiles. The...
Vedanta Limited lifted its aluminium products and aluminium ingot prices by INR 4,500 per tonne on Saturday, January 14. That brought the company’s aluminium wire rod price to INR 243,000-250,500 per tonne versus INR 238,500-246,000 per tonne on January 12. With the latest hike, Vedanta’s aluminium...
The Guyana Manufacturing and Services Association (GMSA) and India's NBR Cooling Systems Pvt Ltd signed a Memorandum of Understanding (MoU) on Thursday, January 12, establishing a new manufacturing/assembly facility in Guyana that will concentrate on the engine cooling systems for motor vehicles....
In December 2022, the average operating rate of aluminium extruders recorded a month-on-month drop of 1.4 percentage points and a year-on-year decline of 14 percentage points to stand at 36.5 per cent, found the Shanghai Metals Market data. The average operating rate of large enterprises was 37.8...
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...
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...
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. The Taicang plant...
To scale up production capacities and adequately meet the increase in demand, the Aluminium Association of India (AAI) said on Tuesday that an investment of roughly INR 4 lakh crore would be needed. By 2030, India's demand for aluminium will increase exponentially from the current 4 million tonnes...
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. The news came after Constellium announced on January 10 that it entered into a...
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,...
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. Despite severe supply chain disruptions, Presezzi delivered the first extrusion line...
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...
This week noted some crucial developments in the aluminium downstream industry, from Craftsman Automation Ltd.’s investment announcement of INR 3.75 billion to purchase a 76 per cent share in DR Axion India Pvt to Kaiser Aluminium’s 2021 Sustainability Report. Besides, Romanian aluminium components...
