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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Hindalco Industries Limited further raised its aluminium products and aluminium ingot prices on Saturday, May 21, for the second time in a week. A previous hike was on May 18 when Hindalco expnded its aluminium billets price by INR 10,500 per tonne to INR 268,100 per tonne. Three days later,...
Maan Aluminium, a downstream aluminium producer in India, has announced its net sales of INR 129 crore for the March quarter of 2022, down by 21.55 per cent from INR 164.44 crore in the December quarter and 20.99 per cent lower than INR 163.27 crore during the same period last year. But despite the...
The downstream aluminium segment has witnessed some key progress this week. St Louis, a US-based global family of companies focused on aluminium and other nonferrous materials, Metal Exchange Corporation acquires Medalco Metals, the full line distributor of Aluminum Flat-Rolled Products from foil...
On 20th May 2022, the Trade Remedies Authority, the UK body that investigates whether trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports, has proposed new measures for the UK aluminium extrusion industry to be protected from Chinese dumping....
Arconic Inc., the spun off from the US aluminium giant Alcoa Corporation is seeking to sell its Russian business, as per the statement released by the company. The losses for the American industrial company, Arconic, specializing in lightweight metals engineering and manufacturing anticipated...
On May 19, China’s domestic aluminium billet inventory slumped by 2,300 tonnes or 1.66 percent W-o-W to score at 136,400 tonnes. Following the drop in aluminium prices and conversion margins, downstream purchasers were more eager to enter the market. SMM will be watching to see if consumption...
The global leader in the purchasing, processing and manufacturing of non-ferrous metals, Metal Exchange Corporation has made public that it has acquired Medalco Metals Inc., a US-based distributor of light gauge aluminium rolled products. Medalco, founded in 2003 has successfully positioned itself...
According to a report on Wednesday, May 18, the Odisha government has approved a budgetary provision of INR 428.95 crore for the development of a mega aluminium park in Angul. The state cabinet members took the decision at a meeting chaired by Odisha Chief Minister Naveen Patnaik. The objective is...
Aluminium Stewardship Initiative announced that KOBELCO group (Kobe Steel Group) has joined as the new production and transformation member. Since its inception in 1905, KOBELCO has collaborated with clients to develop and deliver goods that suit their needs while also advancing society. KOBELCO is...
Constellium SE, the global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications is coming to terms with Morf3D, a subsidiary of Nikon Corporation for an additive manufacturing development program using Aheadd CP1 aluminium powder,...
Equispheres AlSi10Mg powders have been certified by Trumpf for use in its TruPrint 3000 line of 3D printers, with two-parameter sets to be provided. Equispheres' aluminium materials may achieve a 13 per cent quicker build rate than ordinary aluminium powder with a standard parameter set. As per the...
Hindalco Industries Limited has continued to increase its aluminium products and aluminium ingot prices as the global aluminium benchmark price on the London Metal Exchange rallies back-to-back. With effect from Wednesday, May 18, Hindalco’s aluminium wire rod price has experienced a sharp rise of...
Bahrain’s M-o-M exports of aluminium crude metals and alloys to the United States for February 2022 had dropped by 48,460 tonnes or 83.26 per cent from 58,200 tonnes in January 2022. The amount for February 2022 closed at 9,740 tonnes. On an M-o-M scale in January, the price had escalated by 28,600...
Vedanta Limited has further raised its aluminium products and aluminium ingot prices, with effect from Tuesday, May 17, in response to back-to-back LME aluminium price hike this week. As per the revised prices revealed, Vedanta has expanded its aluminium billet price by INR 5,750 per tonne or 2.29...
The Netherlands ranks as the 10 th leading exporter in the world with its foodstuffs sector is one of the country's largest industries, while other substantial industries include metallurgy, energy, chemical, trade, machinery, electrical goods and services, and tourism. Aluminium profiles are...
According to the Shanghai Metals Market data, the average operating rate across aluminium processors in China grew by 1.3 percentage points week-on-week to stand at 58.6 per cent last week ended Friday, May 13, driven by the resumption of operations after the Labour Day Holiday. But compared to the...
Granges, the aluminium technology company driving the development of lighter and more sustainable aluminium products and solutions reported a fire incident on 13th May 2022 in the newly built cold rolling mill currently under commissioning in Konin, Poland production facility. The management...
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. A lot of companies like Hydro extrusion Suzhou, Alumex PLC, and the Hindalco Hirakud-FRP plant received their ASI certifications. Apart from this, Novelis reported record net...
