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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The Aluminium Stewardship Initiative (ASI) has certified each of Hydro's three extrusion operations in Brazil, based on ASI's Performance Standard. The ASI-certified extrusion factories in Brazil are Itu (SP), Tubaro (SC), and Utinga (SP). The factories employ roughly 900 workers in total. ASI...
Six Southern California companies linked to Chinese billionaire Liu Zhongtian were fined $1.83 billion on Monday, April 11. They were fined for conspiring to defraud the US through a scheme in which massive amounts of aluminium were disguised as "pallets" to avoid paying $1.8 billion in customs...
The second-largest economy of the Arab world, the United Arab Emirates (UAE) is devoted to executing its tactics of reinforcing priority industrial spheres like heavy industry and upgrading their contribution to the nation’s economic development, according to Dr Sultan Al Jaber, Minister of...
The aluminium downstream sector had a lot going on this week from Hindalco’s aluminium billets and wire rod prices shrinking by 2% to the Zimbabwean President visiting his country’s aluminium wire assets on a quest to encourage people for a sustainable future. According to Shanghai PMI (Purchasing...
BMW group is advancing towards sustainability. Starting in 2024, it is planning to employ cast aluminium wheels made of 100% renewable energy for its BMW and MINI brands. To date, wheels have been responsible for around 5% of supply chain CO2 emissions. These emissions will be cut in half if the...
Niche Fusina Rolled Products S.r.l. (Niche Fusina), a newly conjugated Italian company commissioned under partners of DADA Holdings LLC (DADA), Concord Resources Limited (Concord) and Invitalia-Agenzia Nazionale per l’attrazione degli investment e lo sviluppo d’impresa S.p.A. (the National Agency...
In a list put together by the Institute of Chartered Professional Managers of Sri Lanka (CPM), for the period 2020-2021, Swisstek Aluminium Limited has ranked among the top 10 best-managed companies in the country. Under the motif of ‘Back to Business in the New Normal’, CPM’s Best Management...
ASI has furnished JW Aluminum with their Production and Transformation membership, which grants the company a worldwide validation and gives a green signal to carry on trade under criteria set by the certification board. ASI works together with producers, users and stakeholders in the aluminium...
China’s aluminium billet inventory has been on the decline side since Thursday, March 10. As per the latest data by SMM, on Thursday, April 7, aluminium billet inventory has augmented by 8,100 tonnes or 5.12 percent W-o-W to score at 165,600 tonnes. Because of the pandemic's impact on mainstream...
Vedanta Limited further cut its aluminium products and aluminium ingot prices for the third time in a row over about a week, with effect from Wednesday, April 6. Vedanta’s aluminium wire rod price saw a trim of INR 3,000 per tonne or 1 per cent to INR 301,500- 309,000 per tonne versus INR...
Press Metal Aluminium, the Malaysian aluminium giant, ruled by Koon Poh Keong and his brothers is raising US$231 million to further facilitate the group’s output amidst deteriorating supply cycles due to the Ukraine-Russia conflict. On 5 th April 2022, the company proclaimed that it is selling...
The President of Zimbabwe, Emmerson Mnangagwa has stated the highest truth for the betterment of his people by saying African countries should look inward for sustainable development, giving particular importance to infrastructure and energy as that is the most vital source of steady economic...
Hindalco Industries Limited has continued to trim its aluminium products and aluminium ingot prices as the LME aluminium ingot price keeps pursuing a downtrend. With effect from April 6, Hindalco has reduced its aluminium wire rod price by INR 3,000 per tonne to INR 304,850 per tonne. On April 5,...
According to the monthly PMI report presented by the Shanghai Metals Market, the composite PMI reading for China’s aluminium downstream processing sectors came in at 49.1 in March, recording a month-on-month rise of 19.8 percentage points and a year-on-year decline of 14.1 percentage points....
APEL Extrusions, Inc. is expanding its production capacity quickly in the new Phoenix, AZ facility. Apel has officially commissioned Granco Clark and UBE to provide equipment for a second press line in their new facility. This news comes while Apel awaits the installation and commissioning of their...
The Aluminium Stewardship Initiative (ASI) is a business-led initiative aimed at promoting sustainability throughout the aluminium value chain. On Tuesday, April 5, Symetal's aluminium foil rolling plant (Oinofyta) and aluminium foil conversion facility (Mandra) in Greece has been successfully...
After about a week, Hindalco Industries Limited has further trimmed its aluminium products and aluminium ingot prices, with effect from April 5, 2022. Hindalco has reduced its aluminium billets price by INR 6,250 per tonne or 1.97 per cent to INR 310,850 per tonne. The previous price cut was on...
The usage of aluminium powder has been in the production of various types of explosives and fireworks. However, it is also utilized in the manufacturing of certain types of electronics and is included in many paints and sealants. An exceptional series of flakes are used for inducting systems and...
