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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In an effort to strengthen their 40-year relationship, Constellium and CNRS (French National Centre for Scientific Research) intend to build a joint laboratory together with the University of Grenoble Alpes (UGA). The purpose of this unit will be to experiment and design new categories of aluminium...
Vedanta Limited further reduced its aluminium products and aluminium ingot prices on May 6, in response to the LME aluminium benchmark price fall. The company cut its aluminium wire rod price by INR 2,250 per tonne to INR 263,000 – 270,500 per tonne versus INR 265,250 -272,750 per tonne on May 5....
Hindalco Industries Limited’s aluminium products and aluminium ingot prices continued to see a plunge on May 5 for the fifth consecutive time since April 21, 2022. As per the latest price list revealed by the company, aluminium billets price saw a cut of 3.2 per cent or INR 9,000 per tonne to come...
China’s domestic aluminium billet inventory heightened by 22,700 tonnes or 21.45 percent W-o-W to stop at 128,600 tonnes, as of May 5, 2022. Because of the pandemic's ongoing interruption of consumption, downstream purchasers have become increasingly cautious. However, when aluminium prices fall...
The Odisha government has reportedly planned to host a two-day event - Advantage Angul, intending to showcase investment opportunities in downstream and ancillary industries of aluminium and steel sectors in Angul district, Odisha. The government has planned this event after Union Minister R P...
Alcomet a manufacturer of aluminium products from Bulgaria, after calculating the net profit, announced a steep increment in its first quarter. This year Q1 yielded 5.7 million levs or US$ 3.07 million in comparison to Q1 2021 which only could make 171,000 levs or US$106,300. The prevailing war in...
Canada’s exports of aluminium plates, sheets and bars to the United States for February 2022 closed at 19,800 tonnes, following a month-on-month increase of 400 tonnes or 2.06 per cent from 19,400 tonnes in January 2022. On a month-on-month basis, a growth of 300 tonnes or 1.57 per cent was...
Vedanta Limited further reduced its aluminium products and aluminium ingot prices, with effect from May 4, 2022, for the fifth consecutive time since April 23. According to the revised prices, Vedanta is currently selling its aluminium wire rod at INR 263,500-271,000 per tonne after cutting it by...
The aluminium extrusion dies business of Halex Holdings GmbH now belongs to Exco Technologies Limited after the latter paid a heavy cost for accession. The four most essential manufacturing locations, two in Germany and two in the northern industrial region of Italy are steered by Halex Extrusion...
Targeted Trade Enforcement in Action: Common Alloy Aluminum Sheet AD/CVD One Year Later, a new white paper from the Aluminum Association, examines progress made in the US common alloy aluminium sheet market one year after the Commerce Department issued antidumping (AD) and countervailing duty (CVD)...
The economy of Indonesia is substantial in the South-eastern region of Asia and is one of the leading emerging market economies. The country has a mixed economic system which incorporates a variety of private freedom, combined with centralized economic planning and government regulation. The...
The aluminium technology company Gränges which has been driving the development of lighter, smarter, and more sustainable aluminium products and solutions are reported expanding its Newport, Arkansas, production facility to enable the production of battery cathode foil. In the transition to...
According to the USGS, a total of 107,000 tonnes of aluminium plates, sheets and bars was imported to the United States in February 2022. On a month-on-month forefront, a plunge of 5,000 tonnes or 4.46 percent was witnessed. In January 2022 the amount settled at 112,000 tonnes, following m-o-m...
Aluminium customers in the United States are deferring new orders over the fear of impending recession that may be caused due to increased inflation and deteriorating supply chains. According to numerous persons who trade the lightweight industrial metal, spot trades have taken a break in recent...
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. To begin with, AMAG achieves the greatest quarterly profitability in 1Q2022, with revenue up 60 percent. The largest firm in the Austrian aluminium manufacturing sector, AMAG...
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector, has reported a continued positive performance for the 1st quarter of 2022 ended March 31. By the data revealed, the company has achieved the highest quarterly earnings in its history for 1Q2022, contributed by...
China’s aluminium billet inventory had fallen by 9.88 per cent W-o-W to settle at105,900 tonnes as of Thursday, April 28. The epidemic hampered transportation and downstream purchases in east China. Overall due to downstream restocking, social inventories are likely to fall more after the vacation....
Hindalco Industries Limited has continued to reduce its aluminium products and ingot prices, with effect from April 29, albeit slower than the previous day. Hindalco has cut its aluminium billets price by INR 2,500 per tonne or 0.87 per cent to stand at INR 283,600 per tonne. On the last cut on...
