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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One of Australia’s leading suppliers of aluminium products and other auxiliary services, Capral Aluminium has inherited EDGE Architectural Glazing Systems from another Australia-based aluminium innovator, Aluminium Industries, situated in Victoria State. This action will enable Capral as a dealer...
NanoAL has signed a three-way Joint development agreement with Mitsubishi Corporation RtM Japan Ltd. (RtMJ) and Nikkei MC Aluminium Co., Ltd. (NMA) to extend its business collaboration. This cooperation comes after NanoAL and RtMJ signed a licencing agreement for additive manufacturing material...
Many big scale industries like Capral are moving towards low emission modules since the scientific community has already declared that by mid-century, net-zero must be attained to keep global warming limited to 1.5°C, preventing harmful effects on the eco-system. Novelis Inc. has joined hands with...
On June 2, the ASI Performance Standard Certification (2017) was awarded to Hammerer Aluminium Industries (HAI) for aluminium extrusion production process at HAI Extrusion GmbH unit in Ranshofen, a municipality in Upper Austria. In 2020, HAI acquired Performance Standard certification for two...
Hindalco Industries Limited’s aluminium products and aluminium ingot prices saw back-to-back cuts in past two days on June 1 and June 2. As per the data revealed by the company, Hindalco’s aluminium wire rod price underwent a slash of INR 10,000 per tonne or 3.79 per cent on June 2 to total INR...
In February 2022, the United States imported 4,350 tonnes of aluminium plates, sheets and bars from Turkey, found the US Geological Survey (USGS). On a month-on-month basis, a hike of 330 tonnes or 8.20 per cent was witnessed from 4,020 tonnes in January 2022, which went on to decline by 70 tonnes...
Guangyuan Linfeng Aluminum & Electricity Co., LTD joined ASI as its new production and transformation member. Guangyuan Linfeng Aluminum & Electricity Co., LTD., founded in December 2018, is located in Guangyuan Economic and Technological Development Zone's Yuanjiaba Industrial Park. With an annual...
China’s aluminium billet inventory has plunged by 3,000 tonnes W-o-W to settle at 127,100 tonnes. Yesterday, downstream purchases were bolstered by the sharp fall in aluminium prices and the forthcoming Dragon Boat Festival. Overall, downstream consumption has rebounded, and the market is confident...
Alumex PLC, the aluminium extrusion manufacturing giant from Sri Lanka, was presented with a bronze award for its ultimate commitment to transparency and governance at the Asia Integrated Reporting Awards. The company name was mentioned in the Integrated Report (SME) category for collectively and...
Festo, a leading German industrial control and automation firm headquartered in Esslingen am Neckar, is providing PM Metal with new welding cells made up of aluminium as a retrofit to use in the existing systems. As per the company, the tubing provides a weld-spatter-resistant alternative to...
On 1 st June 2022, the first Moroccan company specialising in the manufacture of aluminium alloy profiles Aluminium du Maroc reported a turnover of DH 213 million for Q1 2022, a sharp rise of 72% when compared to Q-o-Q for the same phase in 2021 Founded in 1976, Aluminium du Maroc exemplified that...
On Tuesday, May 31, Novelis Inc., the world leader in aluminium rolling and recycling, announced the joining to the First Movers Coalition (FMC), a global initiative aimed at decarbonising eight “hard to abate” sectors that account for 30% of worldwide carbon emissions. By joining this platform,...
As per the latest USGS data, the United States imported 2,170 tonnes of aluminium plates, sheets and bars from German in February 2022. On an M-o-M scale, a surge of 100 tonnes or 4.83 per cent was recorded in February, from 2070 tonnes in January 2022. On the other hand in January, the amount of...
Capral Aluminium has pledged to achieve net-zero emissions by 2050. In order to make this happen, Capral will have to achieve net-zero emissions in Scope 1 and Scope 2, with the support of new and breakthrough technological alternatives. The scientific community has said unequivocally that net-zero...
Hindalco Industries, an Aditya Birla Group company, recorded a historic profit of INR 13,370 crore in FY2022. The company has decided to expand its downstream segment with the aim of bringing Novelis (the world's largest aluminium firm) in India by reinvesting the profits for the same. This year,...
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices this week, which, as per the data, has been ascended after back-to-back cuts on May 25 and May 26. With effect from May 31, Hindalco has increased its aluminium wire rod price by INR 2,750 per tonne to INR...
The globally integrated aluminium producer, Press Metal, with its largest presence in South East Asia recorded augmented sales and earnings for the first quarter till 31st March 2022. The firm’s revenue ascended to 86.6% Y-o-Y in 1Q 2022 to reach RM 3.92 billion, and the net profit heightened by...
Ontario, Canada based Exco Technologies Limited witnessed a significant increase in its short interest, with the total amounting to 111,400 shares as of May 15, up by 60.5 per cent from 69,400 shares recorded on April 30. The days-to-cover ratio is now 222.8 days, based on an average trading volume...
