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...
Grow with
AL Circle
On 17 th December 2021, the leading player in the extrusions industry in India, Hindalco Industries Limited inked a definitive agreement to acquire global aluminium giant Hydro’s aluminium extrusions business in India for INR 247 crore. The world’s largest aluminium rolling and recycling company said in a statement to the stock exchanges on 17 th December: “This acquisition from Hydro brings into the Hindalco fold, an integrated facility located in Kuppam, Andhra Pradesh.” Norway headquartered Hydro’s Kuppam plant in Andhra Pradesh, India has a production capacity of 15,000-tonne of aluminium extrusions and is integrated with advanced value-added capabilities for surface finishing and fabrication. The Kuppam facility offers custom aluminium extrusion products and solutions for auto,...
The metal aluminium has a density of around one third that of steel or copper, which denotes it as one of the lightest commercially available metals. The resultant of high strength to weight ratio drives it to an important structural material permitting enormous payloads or fuel savings for especially in the transport sector. The construction sector utilizes aluminium for window frames, panels, domed roofs and other wide-span constructions and ornaments. Presently, it is used for roofs, siding, translucent panes, doorframes, staircases, air conditioning systems, solar protection, heating systems, furniture and many other things. The European Commission in November 2021 stated that Romania’s economy is anticipated to expand by a real 7% in 2021, as compared to the 7.4% growth rate...
After the two consecutive days of decline, Hindalco Industries’ aluminium products and its aluminium ingot prices have seen a hike with effect from Friday, December 17. The company’s aluminium billets price has witnessed an increase of INR 3,250 per tonne to INR 248,850 per tonne. On the previous two days, the price was cut back-to-back by INR 2,750 per tonne. Hindalco’s aluminium wire rod price sees no exception but a raise of INR 3,250 per tonne from INR 242,600 per tonne on December 16 to INR 245,850 per tonne on December 17. The company has increased its aluminium ingot price also by INR 3,250 per tonne to INR 234,750 per tonne, with effect from December 17. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal...
The Manchester-based asset-based lender, Praetura Commercial Finance has sanctioned an £11.4 million funding package to Evtec Aluminium for the acquisition of Liberty Aluminium Technologies. Praetura Commercial Finance arranged and provided the £11.4 million asset-based lending (ABL) facility entitled the chairman of Evtec Aluminium, David Roberts to acquire plants in Coventry and Kidderminster that produce aluminium castings. The buying of the recently founded Evtec Aluminium will fasten the future of around 200 highly skilled jobs in the West Midlands and it will imperatively keep the production of these aluminium castings within the UK. The facility will produce a wide range of lightweight aluminium castings components used for car powertrains that convert engine power into a movement...
The chairman of Aluworks PLC, Prof Lade Wosornu stated that the Ghana Revenue Authority’s custom division has stirred to impose an additional duty of 35.77% on cheap aluminium products imported from China, that will empower Aluworks, the aluminium continuous casting and cold rolling mill of Ghana to compete favourably in terms of the pricing of its products. Prof Wosornu, while speaking at the 34 th annual general meeting, which was held virtually, said: “The Ghana International Trade Commission (GITC) wrote to the company to confirm that the customs division had commenced the processes for the implementation of the ruling on Aluworks' petition.” In 2020, Aluworks petitioned GITC to put measures in place to deal with the dumping of cheap aluminium products imported from China that was...
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 10,000 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 75,500 tonnes as of Thursday, December 16. Except for Huzhou, where inventory remained unchanged from the previous week, all four markets witnessed local social inventory fall to varied degrees. Wuxi and Nanchang were responsible for the majority of the decreases, with inventories falling by 5,000 mt and 2,800 mt, respectively, a loss of 26.18 percent and 26.67 percent week on week. According to warehouse feedback, aluminium billet arrivals were low, particularly in Wuxi and Nanchang, as aluminium billet makers were less eager to make shipments when conversion margins were low recently. The chart...
The Aluminium Stewardship Initiative has reportedly certified Alvance Aluminium Dunkerque against the Chain of Custody certification for the production of aluminium rolling slabs and foundry ingots for remelting. The aluminium slabs and ingots produced at the Dunkerque facility are destined for the use in transport, automotive, packaging, building and construction industries. The site has a production capacity of over 284,000 tonnes of aluminium products per annum. In August 2020, the plant also achieved the Performance Standard Certification. Fiona Solomon, Chief Executive Officer at ASI, said: “ASI warmly congratulates Aluminium Dunkerque on achieving Chain of Custody Standard Certification at its smelting and casting facility, the largest primary aluminium smelter in Europe. This...
The leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries, AMAG Austria Metall AG is now grabbing the remaining 30% of the German firm Aircraft Philipp (ACP), based in Übersee am Chiemsee following the initial stakeholding in October 2021. However, with this acquisition, it will be the sole owner from the turn of the year. Following the accomplishment of the takeover, the name of the company will also change to AMAG components. This name change represents the expansion of AMAG’s product portfolio into components and ready-to-install aluminium and titanium components for the international aerospace industry. The combination of the foundry and rolling mill in Ranshofen with mechanical production at the two AMAG components...
Rusal, the world’s leading aluminium producer, has announced the investment of more than 870 million rubles (US$12 million) in repairing and modernising its plant SKAD for the production of aluminium alloy car wheels. SKAD is Russia’s largest enterprise of producing cast aluminium alloy car disks, founded in 2002. Rusal says that it has already completed a comprehensive programme of overhauls and modernisation of production at the SKAD plant. The company has refurbished workshops and carried out the main process equipment on the production line, and also installed new foundry machines and equipment for aluminium wheels production, including those from the “Almaz” line, as well as new equipment for in-line quality control of each wheel. There are now two wheel painting complexes at the...
Nu-Tech Precision Metals Inc. ("Nu-Tech"), a specialised maker of speciality extruded metals, fabricated parts, and welded components, has been bought by Reliance Steel & Aluminum Co. (NYSE:RS). Reliance Steel & Aluminum Co., founded in 1939 and located in Los Angeles, California, is a major global diversified metal solutions supplier and North America's biggest metals service centre firm. Reliance's average order size in 2020 was $1,910, with around 49 percent of transactions containing value-added processing and 40 percent of orders being delivered within 24 hours. Nu-Tech was founded in 1985 and is located in Arnprior, Ontario, near Ottawa. It services a wide range of businesses across North America, including nuclear, aerospace, and military. Tube, pipe, engineered shapes, and round...
Hindalco Industries Limited has further increased its aluminium products and aluminium ingot prices, with effect from Tuesday, December 14, after the last hike nearly a week ago on December 8. Hindalco’s aluminium wire rod price has climbed by INR 5,250 per tonne or 2.16 per cent to stand at INR 248,100 per tonne as of December 14. On last Wednesday, December 8, the company’s aluminium wire rod price stood at INR 242,850 per tonne after being raised by INR 2,250 per tonne from the previous day. Hindalco’s aluminium billets price has also seen an increase of INR 5,250 per tonne from INR 245,850 per tonne on December 8 to INR 251,100 per tonne on December 14. Aluminium ingot price has come in at INR 237,000 per tonne, up by INR 5,250 per tonne as well from INR 231,750 per tonne a week ago....
Aluminium flake is a granular powder that is reaped from pure molten aluminium metal and is generally consumed and utilized in the pigments and coatings industries. According to Trading Economics global macro models and analysts expectations, the GDP of Poland is expected to reach $625.00 billion by the end of 2021. The Central European nation imported 3672 tonnes of aluminium powder and flakes during 2019-20, incurring a revenue outflow of $9.64 million for the import. Poland’s import of aluminium powder and flakes in 2019 was registered at 2602 tonnes, marking revenue expenditure of $6.43 million, whereas, in 2020, the import revealed a sharp downfall by 58.87%, as the import volume plunges to 1070 tonnes and the expenditure also pulls down to $3.21 million. The import of aluminium...
The United States made an offer to Japan to address the disagreements over tariffs imposed on Japanese steel and aluminium in 2018 under former President Donald Trump, stating the people familiar with the situation. According to the anonymous sources, the proposal for the same has been submitted by the Commerce Department and office of the US Trade Representatives to the new government officials under Prime Minister Fumio Kishida. The Department of Commerce refused to comment on the situation as of now, while the United States Trade Representative and the Japanese Embassy in Washington decided to stay mute for comments on the same situation. The metals spat began in 2018, when Trump placed tariffs on steel and aluminium imports from the European Union, Asia, and other countries, claiming...
The Aluminium Stewardship Initiative has certified Ulsan Aluminum against the Performance Standard Certification for casting, hot/cold rolling, and finishing operations in its South Korea plant. The news came after the ASI announced that it successfully certified Ulsan Aluminum Limited on Friday, December 10. Ulsan Aluminum, a joint venture between Novelis and Kobe steel in Japan, produces rolled materials in its South Korea plant, destined for automotive, electronic, construction, and packaging sector applications. The facility has an annual capacity of 400,000 tonnes. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate Ulsan Aluminum on achieving ASI Performance Standard Certification for its rolling operations. The company’s aluminum products provide...
The downstream segment of the global aluminium industry has always been the most vital part of the sector, as the downstream segment also refers to engineered products and solutions. The American multinational automotive manufacturing company, General Motors plans to upgrade Indiana aluminium die casting foundry to support electric pickup. The renovation work is all set to commence immediately at the foundry. This investment is another example of the company bringing along our workforce in our journey to an all-electric future while we strengthen our current products. An investigation found that China’s aluminium converter foil dumping had caused significant impacts on the EU industry; firstly, by forcing the Union industry to a loss-making price level and secondly, by losing market...
On 10 th December 2021, the board of auto components maker Minda Industries at its meeting has approved Capex of INR 74 crore for the Minda Kosei Aluminum Wheel plant in Gujarat. The auto wheel manufacturer Minda Kosei has proposed expansion of its Gujarat plant production capacity from 90,000 to 120,000 wheels per month. The board of directors reviewed the Detailed Project Report (DPR) of Minda Kosei. The cost of the project approved is INR 74 crore. The mushrooming of production is anticipated to commence in Q1 FY2023-24. The JV Company Minda Kosei Aluminum Wheel Pvt. Ltd. (MKA) is established with its head office in Bawal, Haryana and is the largest alloy wheel manufacturer in India. MKA is engaged in the development, manufacturing and sales of aluminium alloy wheels for major OE car...
According to the survey conducted by the Shanghai Metals Market, the conversion margins of aluminium billet are standing high for a long. The inventory of billet is falling over the past seven weeks but is likely to enter a new round of accumulation, given the fall in shipments amid sluggish downstream purchases. The production capacities are widely spread across China, most of which are concentrated in the central and northern regions. The total installed capacity of aluminium billet in China is about 26.57 million tonnes, located mostly in the top three provinces like Shandong (34.44%), Xinjiang (16.58%), and Inner Mongolia (11.84%). SMM survey has also observed that China’s production capacity of aluminium billet is increasing year by year. Despite the large-scale production cuts and...
Aluminium Stewardship Initiative welcomes apt Holding GmbH as the new Production and Transformation member. With this, the total count of ASI members comes to 204. The apt Group is one of the most well-known business conglomerates in the European aluminium sector. They create and produce technologically superior extruded profiles and mechanically processed products from aluminium through their apt Extrusions and apt Products divisions. The products are then delivered to significant clients in the building, transportation, automotive, and industry sectors. As a result, their production procedures encompass the whole value-added chain, from raw material to finished product. The group also provides a wide range of competencies with in-house remelting capability, six extrusion lines,...
