AMAG Group reported around a 59 per cent increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to EUR 181 million (USD 202 million) in the first nine months of 2026, compared with EUR 114 million (USD 127 million) in the same period last year. Revenue rose 16.4 per cent to EUR 1.3 billion (USD 1.4 billion) from EUR 1.1 billion (USD 1.2 billion) in the first three quarters of 2025. Net income after taxes increased about 142 per cent to EUR 82 million (USD 91 million), up from EUR 34 million (USD 38 million). The Austrian aluminium producer attributed its performance to strong operations at its Ranshofen site, higher shipment volumes in the Rolling Division, and attractive market conditions for its Canadian aluminium smelter interest, Alouette. Cost-efficiency...
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...
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According to Mahmoud Haroun, the CEO of the largest aluminium extrusion company operational in the Egyptian domestic market, Delemar has publicized that its projects to double its investments in the national market over the upcoming five years and also plans to augment its exports to 40% in 2022, a rise by 20% when compared with 2021. Haroun further stated, “The Company will begin constructing a factory for processed glass in 2022 with total investments of EGP 750 million following the construction of another factory in the Sixth of October Industrial Zone with an annual production capacity of 600,000 sqm.” “In 2023, the company is considering doubling the factory’s capacity as well as going public under an initial public offering (IPO) programme in the Egyptian Exchange (EGX).” “Egypt...
Compared to the last week, this week the downstream sector of the aluminium industry witnessed much low incidental happenings. From the market point of view, there had been repeated decline in price. From aluminium billet to Hindalco price, the prices recorded had witnessed a significant drop, the main reason being the rise in demand, shortage of coal supply in India and many more. Wipro, a prominent worldwide corporation known for its information technology and cybersecurity solutions, announced that Speira, a major global manufacturer of sophisticated rolled aluminium products with an annual production of almost one million tonnes, has chosen Wipro as their technology partner. Apart from this, Gränges, an aluminium technology business that had been leading the development of lighter,...
The German aluminium manufacturer, Trimet which designs, manufacturers, recycles, casts and distributes contemporary light-metal goods made of aluminium at eight locations have planned to axe production at its main facility in the city of Essen by half. According to CEO Philipp Schlueter, Trimet will halve output at its main plant in Essen in the upcoming weeks ahead. The main reason for this decision is due to the heightened energy prices for the energy-intensive manufacturing process. “Due to the further increase in energy prices as a result of the war in Ukraine, the situation has worsened dramatically. This is forcing us to make further adjustments,” added Philipp. Schlueter stated that the company will continue to honour current supply commitments. Trimet had already begun reducing...
The aluminium technology company, Gränges which has been driving the development of lighter, smarter, and more sustainable aluminium products and solutions in 2021 has pursued to convey remarkable performance towards the demanding 2025 sustainability targets. However, due to more robust performance delivery than anticipated, some of the sustainability targets were also remodelled during the year. The key achievements of 2021: Reduction of total carbon emissions intensity (scope 1+2+3) by 19% compared to baseline 2017. Carbon intensity scope (1+2) decreased by 8% as a result of a higher share of renewable energy combined with lower energy intensity. Carbon intensity (scope 3) decreased by 20% driven by a higher share of sourced aluminium scrap. Increase in the share of sourced aluminium...
According to the Organisation for Economic Co-operation and Development (OECD, the economy of Argentina is projected to inflate by 2.5% in 2022 and 2.3% in 2023 against the backdrop of a robust rebound in 2021, following a dip in COVID infections and a speeding in vaccination rates. Aluminium pipe always comes in round tubular for the flow of fluids and gasses, defined by a nominal pipe size providing a rough representation of the pipe conveyance capacity, while tube emerges in multiple shapes round, rectangular, square or oval hollow segment determined by outside diameter and wall thickness, represented in inches or millimetres. The aerospace, automobile, and rail transportation industry make use of aluminium tubing in the fuselage, hydraulic systems and fuel lines due to its...
On Thursday, March 17, China’s aluminium billet inventory has nosedived by 18,400 tonnes or 8.84 percent week-on-week, as the stockpile of aluminium billets continued to fall due to on-demand downstream purchase. As a result, the inventory has been registered at 190,000 tonnes. Due to fewer arrivals, inventory in Foshan had declined rapidly in the last week. Looking ahead to the next week the market will keep a careful eye on the logistics that may have been or will be impacted by the pandemic control, which might impede the drop in aluminium billet inventories. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan and Wuxi the inventory has decreased by 20,500 tonnes and 8,000 tonnes to peg at 83,400 tonnes and 51,000 tonnes....
In December 2021, Canada exported 16,700 tonnes of aluminium plates, sheets and bars to the United States, declining sharply by 3,400 tonnes or 16.91% from 20,100 tonnes in November. However in November 2021, the amount of aluminium plates, sheets and bars exported by Canada to the US closed at 20,100 tonnes, showing a month-on-month surge of 600 tonnes or 3.07% from 19,500 tonnes in October 2021. For the same year in October, Canada shipped 19,500 tonnes of aluminium plates, sheets and bars to the United States, which on a month-on-month forefront plunged by 400 tonnes or 2.01% from 19,900 tonnes in September. The amount of aluminium plates, sheets and bars US imported from Canada in September 2021 registered at 19,900 tonnes, which plummeted by 2,000 tonnes or 9.13% from 21,900 tonnes...
In response to the sharp fall in LME aluminium benchmark price by US$181.50 per tonne on March 15, Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from March 16. Hindalco’s aluminium wire rod price has experienced a cut of INR 15,500 per tonne or 5.03 per cent to INR 292,850 per tonne. On March 15, the price stood at INR 308,350 per tonne, seeing a decline of INR 5,250 per tonne. Hindalco’s aluminium billets price has also been reduced by INR 15,500 per tonne, with effect from March 16, to stand at INR 295,850 per tonne versus INR 311,350 per tonne on March 15. The latest cut has brought the company’s aluminium ingot price to INR 281,750 per tonne as against INR 297,250 per tonne on the previous day. Hindalco links its aluminium ingot...
Shares of Chinese aluminium profile manufacturer - Hoshion Industrial Aluminium soared on the occasion of bagging four new clients with business prospect of CNY 4 billion (US$628.8 million). On Tuesday, March 15, Hoshion declared that it could earn CNY3.6 billion to CNY4 billion in the subsequent four to eight years, being eligible to sell battery storage products to four carmakers. Hoshion’s equity price surged by the daily limit of 10 per cent to CNY33.46 (US$5.30), but still down by more than a quarter this year. One of the new clients is a European luxury vehicle brand, another is Chinese smart electric vehicle maker, and the other two are independent Chinese brands. Obtaining the letter of intent is advantageous to forming a long-term partnership with four firms, said Hoshion. Once...
AMAG, one of the biggest manufacturers and processors of aluminium in Austria, had been associated with aerospace component manufacturing through acquisition for 1.5 years. AMAG components, which has locations in Übersee am Chiemsee and Karlsruhe, was recently bought in its entirety and is a proven specialist in the mechanical processing of aluminium and titanium components. AMAG components have been working on titanium structural components for the aerospace sector using additive manufacturing since 2018/19, from research to demonstration pieces. Components are built up layer by layer using the WAAM technique (Wire-Arc-Additive-Manufacturing (wire build-up welding)), and then mechanical processing gives them their final shape. Univ.-Prof. Dipl.-Ing. Dr.techn. Franz Haas (Head of the...
In December 2021, US imported 29,600 tonnes of crude metals and alloys from Bahrain, a hike of 5,300 tonnes or 21.81% month-on-month. Imports of US aluminium crude metals and alloys from Bahrain for November 2021 closed at 24,300 tonnes, up 7,100 tonnes or 41.27% from 17,200 tonnes in October 2021. According to the USGS records, the total amount of US aluminium crude metals and alloys shipped from Bahrain in the fourth quarter (Q4) of 2021 scored at 71,100, a surge of 49,730 tonnes or 232.70% from Q3’21. In the third quarter of 2021, the United States imported 21,370 tonnes of US aluminium crude metals and alloys from Bahrain, showing a downfall of 10,528 tonnes from 31,898 tonnes in Q2 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Bahrain...
The leading global company Wipro, recognized for its information technology and cybersecurity solutions declared that Speira, a leading global manufacturer of advanced rolled aluminium products, producing approximately one million tonnes per year has selected Wipro as their technology associate. In 2021, Speira was formed when Norsk Hydro Group set foot in an agreement to sell its rolling business to the American investment company, KPS Capital Partners. Currently, Speira operates seven manufacturing facilities and an R&D centre across Germany and Norway. As per the announcement, in the next five years, Wipro will work to bolster the technology infrastructure and cybersecurity requirements of Speira as it undertakes a journey steered by a trident focused on sustainability, innovation, and...
Hindalco Industries Limited continued to reduce its aluminium products and aluminium ingot prices, with effect from Saturday, March 12, in response to LME aluminium price fall by US$63 per tonne on Friday, March 11. Hindalco cut its aluminium wire rod price by INR 4,000 per tonne to bring it to 313,600 per tonne versus INR 317,600 per tonne on March 11. Hindalco also axed its aluminium billets price by INR 4,000 per tonne on March 12 to sell the product at INR 316,600 per tonne. On March 11, the company was selling its aluminium billets at INR 320,600 per tonne, down by INR 2,750 per tonne from the previous day. With effect from March 12, the company’s aluminium ingot price stood at INR 302,500 per tonne as against INR 306,500 per tonne on March 11. Hindalco links its aluminium ingot and...
In light of the current crisis and increased sanctions on Russia, a lot of changes had taken place in the metal industry. To begin with, Press Metal, a Malaysian aluminium firm is ramping up production capacity to produce additional value-added aluminium products following the completion of its new phase three smelter at Samalaju Industrial Park in Bintulu, Sarawak's central area. The effect of the crisis had also affected the automotive and aircraft industries heavily. FONNOV ALUMINIUM, a well-known and experienced Chinese aluminium extrusion manufacturer specialising in high-quality bespoke extrusions and fabricated aluminium products, has enhanced its services to better serve the Chinese domestic market with aluminium extrusion and profiles. The automakers and aerospace sector are...
FONNOV ALUMINIUM prominent and experienced aluminium extrusion producer in China, specialized in high-quality custom extrusions and fabricated aluminium products, has upgraded its services to better serve the Chinese domestic market with aluminium extrusion and profiles. Extruded aluminium profiles, machined aluminium components, and fabricated aluminium products for industries in China are all on the horizon for the firm. FONNOV ALUMINIUM, founded in 2004, has been actively producing and marketing aluminium extrusions and aluminium profiles for over a decade. Customized aluminium extrusion profiles, aluminium tubes, aluminium heatsinks, slotted aluminium extrusion, woodgrain aluminium battens, and much more are all available from the firm. FONNOV ALUMINIUM has finished a new extrusion...
ST Extruded Products Group (STEP-G) has joined Aluminium Stewardship Initiative (ASI) as its new member in the Production and Transformation category, taking the total number of ASI members to 214. STEP-G is a multinational company known for the manufacture of extruded aluminium profiles. It has its production sites present in Germany, Belgium and China. Bitterfeld, Bonn, and Vogt are three highly specialised German press facilities that produce a wide range of extruded profiles and bars. The automotive sector and its immediate suppliers place a high value on the company's creative capabilities. Industries like aerospace, construction, rail, mechanical, electrical engineering are also their customer. Different types of processing, as well as component manufacturing, round out the range....
On Thursday, March 10, China’s aluminium billet inventories crash-dived by 16,500 tonnes or 6.83% a week-on-week, as aluminium prices went down for the third day, found the Shanghai Metals Market. As a result, the inventories registered at 225,000 tonnes. However, conversion margins on aluminium billets continued to rise, drawing attention from the downstream purchasers. Some of the world's largest aluminium extruders have resumed production, which, together with price adjustments in the metal, might hasten the depletion of aluminium billet stockpile. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, the aluminium inventories dropped by 14,100 tonnes to total at 103,900 tonnes. For the same day in Wuxi and Huzhou, the...
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices back-to-back for the third day in a row, in tandem with the LME aluminium price movement. With effect from Thursday, March 10, Hindalco has increased its aluminium wire rod price by INR 2,500 per tonne to INR 320,350 per tonne, following a massive cut of INR 40,500 per tonne on the previous day to INR 317,850 per tonne. Hindalco’s aluminium billets price has also seen a raise of INR 2,500 per tonne on March 10 from INR 320,850 per tonne to INR 323,350 per tonne. Aluminium ingot price has come in at INR 309,250 per tonne, also up by INR 2,500 per tonne from INR 306,750 per tonne on March 9. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the...
