50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an interactive session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also met the...
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,...
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In a recent filing with the Commerce Department, the Common Alloy Aluminum Sheet Trade Enforcement Working Group of the Aluminum Association and its individual members claimed that Chinese exporters and producers are allegedly evading unfair trade restrictions on common alloy aluminum sheet (CAAS) from China by selling 4017 alloy aluminium sheet for uses that are typically reserved for 3003 and 3105 aluminium sheet. In order to address the circumvention of antidumping and countervailing duty (AD/CVD) orders released in 2019 on imports of common alloy aluminium sheets from China, the organisation requested that the Department open a "minimal changes" probe. “The U.S. aluminum industry has made a commitment to rigorously monitor and enforce unfair trade laws to ensure a level playing field...
Azeraluminium LLC, a subsidiary of Azerbaijan Industrial Corporation OJSC, and German company Achenbach Buschhütten signed an agreement to create a joint venture for the manufacture of aluminium goods in Ganja. The manufacturing of rolling aluminium products is envisaged as a part of the agreement, with a first-phase investment of $132 million and an annual production capacity of 105,000 tonnes. On February 20, 1992, Azerbaijan and Germany established diplomatic ties. Azerbaijan opened its first embassy in Western Europe, in Germany, on September 2, 1992, while Germany opened an embassy in Azerbaijan on September 22, 1992. The two nations successfully co-operate in many economic sectors. Germany's primary trading and commercial partner in the South Caucasus is Azerbaijan. In 2021, the...
As part of an alliance, Aequs Pvt Ltd., a leading aerospace components manufacturer and Hindalco Industries, the world's largest integrated aluminium company, have sealed long-term collaborations and joint business development to strengthen the aerospace sector. For the development, manufacture, and qualification of extrusions required by commercial aerospace OEMs and other Aequs customers, the partnership leverages the capabilities, market presence, and industry knowledge of the respective parties. Aravind Melligeri, the Chairman & CEO of Aequs stated, “This strategic alliance marks a breakthrough for the Indian aerospace sector by further integrating the entire value chain to deliver 100% in-country value add. It creates strategic value for our customers by enhancing manufacturing...
The United States’ aluminium plates, sheets and bars imports from Thailand displayed a slight rise of 400 tonnes in March 2022 to stand at 10,500 tonnes, found the US Census Bureau data. In February, the imports stood at 10,100 tonnes, registering a hike of 2,500 tonnes from 7,600 tonnes in January. On a year-on-year calculation, the United States’ aluminium plates, sheets and bars imports in March 2022 recorded an increase of 1,190 tonnes from 9,310 per tonne, showed USGS data. In the first quarter of 2021, the United States imported 28,300 tonnes of aluminium plates, sheets and bars in total, which was an increase of 13,900 tonnes from 14,400 tonnes during the same period last year. According to USGS, the United States’ total imports of aluminium plates, sheets and bars in March 2022...
China customs data showed a year-on-year downfall of 36.3 per cent in the country’s unwrought aluminium and aluminium products imports in June 2022, attributing to improved domestic output and weaker demand that continued to weigh on import appetite. But on a month-on-month calculation, the imports recorded a dip of only 0.06 per cent. As per the data, China imported 187,362 tonnes of aluminium (including primary, unwrought and alloyed aluminium) in June, bringing the total imports in six months to 1.08 million tonnes, down 25.9 per cent from the same period last year. Relaxed power restrictions have eased aluminium supply tension this year, which had been a primary reason behind the increased cargo inflows in the previous year. China’s primary aluminium output grew year-on-year by 3.2...
On Monday, July 18, Vedanta Aluminium said that it is eager to collaborate with the entire value chain of the automobile sector to minimise the industry’s dependence on imported aluminium. The news came after Vedanta said in a statement, "The company is keen to partner with the automotive sector....from large players to OEMs and MSMEs, for reducing the industry's import dependence." Vedanta has rightly pointed that due to the rising consciousness towards sustainability and zero carbon emissions, there’s a significant growth of aluminium usage in vehicles, be it battery electric vehicles, hybrids or internal combustion engine vehicles. The company has said that it is a long-time partner to the automobile industry. It develops product solutions for the industry, suitable to their unique...
Aluminium tubing is used in a wide range of industrial applications from consumer items to recreational merchandise to machine parts to automotive and manufacturing. Since aluminium weighs only one per cent of steel, it is appreciated by consumers for its strength. As a result of this versatile blend of strength and flexibility, aluminium tubing is used effectively in a variety of structures. Due to its lightweight, aluminium tubing can provide a greater volume of tubing per weight than steel tubing. Several products benefit from the use of lighter tubing material, particularly those needing a mobility degree such as wheelchairs and outdoor furnishings. Austria is one of the wealthiest countries in the world and its economy is forecasted to inflate by 3.6% in 2022 and 1.4% in 2023 though...
Now, the use of aluminium as energy source in electric vehicles will be possible in India, thanks to the partnership of Hindalco, Phinergy and IOC Phinergy. According to a report on July 18, Aditya Birla’s flagship company Hindalco has signed an MoU with Phinergy, an Israel-based company engaged in metal-air battery technology, and IOC Phinergy, a JV between Phinergy and Indian Oil Corporation, to conduct R&D and start pilot production of aluminium plates for Aluminium-Air batteries. The companies will also recycle the aluminium after the use in batteries. This partnership is expected to popularise the use of electric vehicles, as the aluminium-air batteries are known to increase the driving range of EVs owing to lightweight and high energy density. In the Aluminium-Air batteries...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. Because commercial manufacturers obtain the products produced here, downstream is one of the most important areas in the aluminium industry. This week the global aluminium downstream sector witnessed some significant events. To begin with, the Australia Anti-Dumping Commission (ADC) had finished its final examination of the anti-dumping tariff period for aluminium profiles from Vietnam and Malaysia. Due to increased demand for building materials, industrial components, and transportation-related items due to the global economy's recovery from COVID-19, AKFA plans to increase its exports. A Virginia jury found Belvac Production Machinery, a pioneer in designing...
As of July 14, the domestic aluminium billet social inventory closed at 98,500 tonnes, down by 3,200 tonnes W-o-W. Overall, decreased aluminium prices improved downstream consumer confidence. The durability of destocking will need strict monitoring, however, given the consistent output of aluminium smelters and the rise in arrivals. The figure below provides further information on the current state of aluminium billet inventories in China: On July 14, the aluminium billet inventory in Foshan witnessed a surge of 2,200 tonnes to settle at 53,200 tonnes from 51,000 tonnes a week ago. For theOnme day in Wuxi, the inventory in Wuxi spiked by 400 tonnes to stand at 20,600 tonnes from 20,200 tonnes last week. Stockpiles decreased in Changzhou, Huzhou, and Nanchang, where downstream...
Gränges, a supplier of rolled aluminium products for heat exchanger applications, reported strong outcomes despite the challenging environment. The company reported 93 per cent sales volume in the second quarter of 2022 (2Q2022), despite the harsh COVID-19-related lockdowns in China. The net sales volume surged to SEK 6,875 million (4,609) in the second quarter of 2022. “Nevertheless, Gränges delivered a solid result. This did not happen by accident but was the result of systematic and focused efforts. The way our team in China succeeded to manufacture and ship products throughout the extended Shanghai lockdown was especially impressive,” said Jörgen Rosengren, President and CEO of Gränges. As a consequence, despite having lower sales volume than in the prior year, Gränges reported an...
On Thursday, Wheels India Ltd. authorities made it absolutely known that the demand for cast aluminium wheels will vehemently increase this year. The company produces wheels for use in the automobile industry. Wheels India Ltd. was able to approach the landmark of Rs.1,000 crores through exports the previous year. The Chairman, S Ram addressed the shareholders of the company at the 63rd annual general body meeting and assured them that a primary framework had been laid to harvest the exports department, with growing customer bases in the upcoming years. Wheels India has successfully heightened its manufacturing rate of forged aluminium wheels to be sold in the United States and Europe, according to Chairman S Ram. Chairman of Wheels India, S Ram in his own words, illustrated: "Last year,...
Recent reports by the Information and eGovernment Authority (iGA) confirm a steady 43 per cent growth for the nationally originated exports from Bahrain during the second quarter of 2022, resulting in BD1.35 billion (US$3.59 billion). Last year, the same quarter generated BD943 million, which is substantially low than this year. The report also holds data on the trade balance re-exports and imports along with information on the primary ten trading accomplices who managed to reach a value of 71 per cent of the total local exports in the quarter while the residual 29 per cent was utilised by other countries. All throughout the second quarter, aluminium alloys surfaced as the top exported product with earnings generated worth BD474 million. The second winner in the list would be agglomerated...
The Commander, Naval Surface Force, U.S. Pacific Fleet (COMNAVSURFPAC) has joined hands in collaboration with the Naval Postgraduate School (NPS), Monterey, California, to mount a metal Additive Manufacturing machine on the Wasp-class amphibious assault ship USS Essex (LHD-2). The ship, after the successful installation will become the first to flaunt a metal AM machine on board, estimating its feasibility in the ocean. The Aircraft Intermediate Maintenance Department (AIMD) officer aboard USS Essex, Lt. Cmdr. Nicolas Batista, exemplified that this in-house metal AM machine would be one of the fastest of its kind aimed at additively manufacturing aluminium products. A range of ship-borne aluminium items are scheduled to be manufactured on board while sailing, like, housings, bleed air...
AKFA is planning to expand its exports due to augmented demand for construction materials, industrial components and products of the transport sector following the regrowth of the worldwide economy after suffering the pangs of Covid-19. It plans to export US$110 million worth of products in 2022 which is double the export size of 2021, which is US$55 million. Based in Uzbekistan, AKFA is continuously toiling to enhance customer service along with taking proper steps to decrease the delivery time of items, improve the logistics deal and take care of the product qualities. With extending its geographical outreach, the company will also put emphasis on manufacturing high-value-added products. The launching of the complex extrusion profiles and parts producing division had armoured the...
The use of aluminium plates, sheets and bars, also known as aluminium flat-rolled products, is widespread. They are used in the food and beverage sector for packaging as well as in cookware and appliances. The building and housing industries can employ sheets of this metal for siding, roofing, gutters, and other purposes. The United States imported 24,400 tonnes of aluminium flat-rolled products from Oman in the first quarter of 2022 (1Q2022), which surged by 4,000 tonnes or 19.60 per cent Y-o-Y from 20,400 tonnes in 1Q2021. As per the USGS data, a Q-o-Q hike of 6,340 tonnes or 35.10 per cent was recorded in 1Q2022 from 18,060 tonnes in 4Q2021. However, on M-o-M calculation, a growth of 3,390 tonnes or 48.35 per cent was recorded in March 2022 from 7,010 tonnes in February. In February,...
Belvac Production Machinery, a global pioneer in the design and manufacture of aluminium can equipment, was declared clear by a jury in Virginia. The jury found that competitor Crown Packaging's patents on a machine that makes aluminium beverage cans were not violated by container manufacturer Belvac Production Machinery. After a nine-day trial, the jury found that Crown Packaging Technology Inc. had not provided sufficient evidence to support its claims that Belvac Production Machinery Inc. had violated three patents related to a machine used to produce beverage cans. The jury further concluded that Belvac had not established that the eight stated claims were barred by the on-sale provision. Crown Packaging and a division of CarnaudMetalbox Engineering Ltd. filed a lawsuit in July 2018...
Ontario-based Cymat Technologies boasted about bagging an OEM components development deal from an anonymous “global automotive manufacturer”. Cymat is keen on using SmartMetal, their flagship aluminium foam. Tesseract Structural Innovations has been the design consultant for the company and they have been reproached to provide design reconstructions for a structural element (14 parts) within an electric vehicle (EV) battery enclosure that is already present. With the inclusion of SmartMetal into the production of the component, the new blueprint is scheduled to enhance performance by decreasing weight, improving crash resistance, diminishing manufacturing difficulty and levelling working costs for the OEM. “This opportunity is the culmination of almost a year’s work of exploring potential...
