Constellium SE has raised its full-year financial outlook after reporting stronger earnings across its major aluminium businesses, supported by improved aerospace demand, favourable pricing and product mix, and robust recycling performance. However, lower shipments across parts of its portfolio highlight an uneven recovery in end-market demand. The Paris-based aluminium products manufacturer reported its third-quarter and nine-month financial results on October 28, 2026, with profitability improving despite a slight decline in overall shipment volumes. The company also reported record quarterly adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA). Constellium's Q3 2026 revenue and earnings climb Constellium generated revenue of USD 2.64 billion in the third...
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...
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According to the Department of Industry and Trade, the Australia Anti-Dumping Commission (ADC) completed its final review of the anti-dumping tax period for aluminium profiles from Vietnam and Malaysia. The Australian Anti-Dumping Commission (ADC) has decided not to continue charging antidumping duties on the goods in question. According to ADC, Malaysian and Vietnamese aluminium profiles have represented a relatively small proportion of Australian aluminium profiles over the past five years and anti-dumping measures have had no significant impact on the Australian aluminium profile market. Consequently, the current 1.9% anti-dumping measure against Vietnam expired on 27th June 2022. ADC's end-of-term review was previously initiated on 15th September 2021, following Capral Aluminium's...
On July 11, Aluminium Stewardship Initiative (ASI) announced the joining of Yinbang Clad Material Co., Ltd, as its new production and transformation member. Founded in 1988, Yinbang Clad Material Co., Ltd is one of the largest producers of aluminium alloy clad plate, strip, and foil for brazing in China. It is also the Chinese company with the highest output and the broadest range of multi-metal clad materials. Yinbang has always been dedicated to the R&D, creation, and commercialization of aluminium alloy clad materials and multi-metal clad materials over the years. “As a practitioner of China’s “green low carbon aluminum” development, joining ASI is our firm commitment to adhere to the green low carbon development path and a new opportunity for us to improve our “capable, responsible...
Sortera Alloys, a Fort Wayne, Indiana-based firm that produces aluminium packaging from shredded automobiles using proprietary sorting technology and artificial intelligence (AI), acquired $10 million in fundraising led by Assembly Ventures with additional capital from Breakthrough Energy Ventures and Novelis. Previously, in 2021 Sortera received a $10 million investment from Breakthrough Energy Ventures, Kirkland, Washington. The fundraising round comes after a substantial agreement between Sortera and Novelis, under which Novelis will manufacture high-quality recycled aluminium sheets with a high recycled content for the automotive sector using high-quality recycled alloy obtained from automotive trash. “We are thrilled to have this important investment from Assembly, together with...
Downstream is one of the most crucial sectors in the aluminium business since the items produced here are sourced by commercial manufacturers and any discrepancy in this particular field might create an imbalance in the entire aluminium chain. The President of the Aluminium Association of Germany, Hinrich Mählmann, notified that the gas supply crisis in Germany might push the aluminium industry into adopting emergency plans to continue energy-intensive processes inside their facilities. Many aluminium units will be on the verge of extinction if the crisis is not handled soon. On the other side, the Dispute Settlement Body (DSB) of the World Trade Organization (WTO) will release its final report not before the fourth quarter of 2022 for six nations under United States tariff, including...
On National Manufacturing Day, Economy Minister of Wales, Vaughan Gething switched on the new aluminium furnaces at Toyota's Deeside plant, which will certainly scale down carbon emissions. These furnaces worth £1.6 million have received financial support of £375,000 from the Economic Futures Fund of the Government of Wales. However, it has also been stated these aluminium furnaces have an estimated longevity of 20 years and will jointly generate almost 100% metal with an exceptionally decreased energy utilisation rate to melt aluminium. The Minister exemplified: “On National Manufacturing Day, I am delighted to help Toyota take their next step in their net-zero missions with the new furnaces launched today. Deeside boasts a long and proud manufacturing history and the innovation and...
The European Commission on Friday, July 8, announced that it will not extend the nine-month suspension of the stiff anti-dumping tariffs on Chinese flat-rolled aluminium exports. European Aluminium, the organization that represents the European aluminium value chain, applauds the decision and urges Europe to pursue strategic autonomy for aluminium. Following the European Commission's anti-dumping inquiry from the previous year, the tariffs on Chinese flat-rolled aluminium goods are set at 14 to 25 per cent to bring the dumping prices into market compliance and will take effect on July 12, 2022. “We are relieved that our producers finally are protected against the unfair competition from dumped Chinese flat-rolled products. We welcome exporters as long as they play fair. But Chinese...
Situated in Germany, GROB Systems has launched its latest GMP300 Additive Manufacturing machine that uses Liquid Metal Printing (LMP) technology in a 300 x 300 x 300 mm in-built compartment to forge aluminium parts. The GMP300 requires aluminium alloy wires as a raw material since it is a powder-free machine which has been designed to safely create additively manufactured metal products having a net-like texture. The GMP300 machine can be characterised by 3-axis kinematics which aid in faster and more precise production. GROB’s LMP methodology is confined broadly under the ISO/ASTM 52900:2015 category of Material Jetting. GROB also claims that its LMP process builds a homogenous part microstructure with a generated score similar to or even higher than the value of the initial material....
According to the Shanghai Metals Market, the average operating rate at China’s major aluminium processing enterprises has slipped by 0.2 percentage point this week ending on July 8, to stand at 66.5 per cent. Aluminium wire and cable was the only sector that recorded a growth in operating rate as the companies ramped up production and deliveries, fearing restriction on transportation amid the COVID-19 outbreak in Wuxi. The average operating rate at large wire and cable companies has increased by 1.4 percentage points to 58.4 per cent. Aluminium wire and cable companies are estimated to maintain stable production buoyed by scheduled delivery to ultra-high voltage projects, while the operating rate of other downstream sectors will continue to fall. The operating rate in the primary and...
Hydro is reportedly investing NOK 300 million (EUR 29 million) in a new 12-inch, state-of-the-art extrusion press at its Tønder plant in Denmark to boost production capacity and capability to make extrusions with large cross-sections for automotive Tier-1 suppliers and automotive OEMs. Hydro’s Tønder extrusion plant is an integral part of automotive network as it supplies high-end components to European carmakers. Senior vice president of Hydro’s Extrusion Europe business unit, Bruno D’hondt, said: “We are expecting rapid growth in the automotive industry’s use of extruded aluminium components in the coming years. This is in line with our strategy of lifting profitability and driving sustainability in our automotive business.” As per the report, the new press at Tønder plant will share...
On Thursday, July 7, aluminium billet inventories in China declined by 4,700 tonnes W-o-W across four major consumption areas. The fall in aluminium prices and the increase in COVID-19 infections made downstream buyers more willing to spend on aluminium. However, downstream orders suggest that consumption is declining thus the drop in the inventory of aluminium billets could not be sustainable. The figure below provides further information on the current state of aluminium billet inventories in China: The aluminium billet inventory in Nanchang has surged by 1,500 tonnes to settle at 4,300 tonnes from 2,800 tonnes a week ago. On the other hand, the aluminium billet inventory in Huzhou has witnessed the highest drop by 3,000 tonnes to score at 18,000 tonnes from 21,000 tonnes last week. As...
AkzoNobel, a Dutch multinational company specialised in making paints and performance coatings for both industry and consumers worldwide, has reportedly reached an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. This will enable the former to supply a comprehensive liquid and powder aluminium wheel coating to customers. “Acquiring this attractive business will complement our existing powder coatings portfolio and expand the range of innovative products we supply,” explained Michael Friede, AkzoNobel’s Chief Commercial Officer – Performance Coatings. He further said: “We’ll be able to provide a comprehensive liquid and powder aluminum wheel coating offering to customers, becoming a one-stop-shop for the wheels industry, which will significantly...
Jindal Aluminium has reportedly launched a new logo and brand identity, which reflects the journey of its transformation and growth story for over 50 years. The new logo design has a legacy ring and a glyph that sports the company name. The logo symbolises timelessness, integrity and perfection, using a shade of aluminium on the legacy ring. The glyph element represents the company’s foundation and its commitment to quality and trust. The logo also contains the name of the organisation, a testament of stability and consistency. Pragun Jindal Khaitan, Vice-Chairman and Managing Director, Jindal Aluminium, said: “Our new logo and brand identity are in line with how the organisation has grown across five decades. Our approach over all these years has been to follow a bold and synergetic...
The aluminium flat-rolled products are produced by rolling thick aluminium between rolls that reduce the thickness, and lengthen it through hot and cold rolling processes. However, aluminium flat-rolled products can be found in several applications, including household utensils, packages, closures, building interiors & exteriors, roofs and home electric appliances. In the first quarter of 2022 (1Q2022) the US exported 35,000 tonnes of aluminium plates, sheets and bars to Mexico, which experienced a downfall of 37,200 tonnes or 51.52 per cent Y-o-Y from 72,200 tonnes in 1Q2021. As per the USGS data, a Q-o-Q diminution of 24,500 tonnes or 58.82 per cent was recorded in 1Q2022 from 59,500 tonnes in 4Q2021. About 25 to 35 per cent of Mexico's GDP comes from the industrial sector, which...
Vedanta Limited has increased its aluminium products and aluminium ingot prices for the second time in a row, with effect from Tuesday, July 5. The company expanded its aluminium wire rod price by INR 3,000 per tonne to INR 231,000- 238,500 per tonne versus INR 228,000- 235,500 per tonne on July 1. Vedanta’s aluminium billet price also underwent a hike of INR 3,000 per tonne from INR 229,500 per tonne on July 1 to INR 232,500 per tonne on July 5. Aluminium ingot price showed no exception but recorded a rise of INR 3,000 per tonne from INR 220,500-253,500 per tonne to INR 223,500-256,500 per tonne. Vedanta Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which grew over the weekend by US$47.50 per tonne to...
The World Trade Organization (WTO) has impeded its dispute panel’s decree on the United States tariff with six nations including Russia, India and China against higher duties on some aluminium and steel products to the second half of 2022 adducing “complexity of the issue”. A Geneva-based official stated, “Due to the complexity of the dispute, the Panel now expects to issue its final report to the parties no earlier than the last quarter of 2022.” The three European nations Norway, Turkey and Switzerland had also tugged the United States to the WTO on the White House’s move to impose 10% and 25% import duties on certain aluminium and steel products in 2018. However, the US had voiced that the duties were steps for national security. Concerning this issue, India protested that the duties...
Australia-based AML3D has bagged a purchase order worth US$140,000 to develop and manufacture 3D printed aluminium components from the Boeing Company in St. Louis, Missouri. The former will provide Boeing with essential high-strength aluminium components and structural items usually installed as ‘fly’ components. AML3D are specialists in wire additive manufacturing to produce large-scale 3D-made items for the defence, aerospace, maritime, oil, mining, gas and other manufacturing circuits. Aluminium is one of the most lightweight metals on the planet, making it immensely popular in the aviation industry. AML3D is expected to produce the components using its signature wire additive manufacturing (WAM) method. In March, Boeing’s Director of Global Additive Manufacturing visited the AML3D...
The aluminium industry is a highly energy-intensive sector and the German aluminium industry is getting ready for the extreme situation in the aspect of the uncertainty in the gas supply. On 1 st July 2022, the President of Aluminium Deutschland e. V. (Aluminium Association of Germany), Hinrich Mählmann said, “Preparation for the worst-case scenario consists of companies drawing up emergency plans.” He further added, “It is about which gas consumers have to be switched off first and then subsequently. However, this is only possible to a certain extent, after which the companies would have to be closed. Then the contingency plan consists of managing liquidity in such a way that the companies survive at least for a certain period. But this period is also limited.” The aluminium industry in...
According to the latest USGS statistics, the United States imported 30,700 tonnes of aluminium crude metals and alloys in the first quarter of 2021 (1Q2021), which on a Y-o-Y calculation surged by 54,900 tonnes or 178.82 per cent to halt at 85,600 tonnes in 1Q2022. The amount of aluminium crude metals and alloys imported by the US from Bahrain in 4Q2021 closed at 71,100 tonnes, which hiked by 14,500 tonnes or 20.39 per cent Q-o-Q in the first quarter of 2022. In March 2022, Bahrain exported 17,600 tonnes of aluminium crude metals and alloys to the United States, which ascended by 7,860 tonnes or 80.69 per cent M-o-M from 9,740 tonnes in February. In February, a huge drop of 48,460 tonnes or 83.26 per cent was recorded from 58,200 tonnes in January. Y-o-Y growth of 7,830 tonnes or 80.14...
