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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On the 31 st of March 2022, Linamar Corporation announced their agreement with GF Casting Solutions (GF) to earn 50% interest in their joint venture, GF Linamar LLC which is located near Mills River, North Carolina. GF Casting Solutions is an extended arm of Georg Fischer which was founded in 1802...
Envisage Technologies which is a part of the global Envisage Group has decided to install two new Belloti 5-axis CNC machines for its Herald way machining Centre in Coventry in the wake of April. An investment of £1.5 million has already been made for the procurement of the above stated machines...
This week the global aluminium downstream segment witnessed some limited but sporadic changes, showing that the metal industry is eventually getting on track. Like, Hindalco industries planning to expand its aluminium industry following the record breaking surge in price of the metal over the next...
On Thursday, March 31, Josh Bunting, the President of Bunting Architectural Metals announced the construction of a new aluminium extrusion facility in Lawrence County with the help of the government Tom Wolf’s administration. Neil Weaver, the Acting Secretary of the department of commerce said that...
The Aluminium Stewardship Initiative has announced the joining of Nedal Aluminium BV as its new Production and Transformation member, which brings the total number of ASI members to 220. Based in the Netherlands, Nedal Aluminium develops, produces and sells aluminium profiles and lighting columns....
The Bengaluru, India headquartered, a high precision component producer, Sansera Engineering is in the vicinity to bag its first order from BMW Motorrad worth around INR 300-400 crore towards the supply of aluminium forging components, according to the industry experts. However, the deal from the...
On Thursday, March 31, China’s aluminium billet inventory had plunged by 7,900 tonnes or 4.67 per cent W-o-W across five major regions to total at 157,500 tonnes, found the Shanghai Metals Market. Under the effect of the pandemic, trades in the spot aluminium billet market were slow. The inventory...
Over the next 5 years, Kumar Mangalam Birla owned Hindalco Industries Ltd. is aiming to invest up to US$7.2 billion in expanding its aluminium industry following the whooping increase in the price of aluminium due to the global supply bottlenecks and strong demand expectations. Hindalco Industries...
Hulamin’s operational profit for the year ending December 31, 2021, reflected an increment of 760 percent to close at R538 million from R81 million in 2020. The company's headline earnings increased to R560 million from a loss of R220 million the previous year. The company also said that headline...
The economy of Cambodia is projected to grow at around 5.6% in 2022 and significantly gain prospective growth in the medium term, supported by global demand and a gradual comeback in investor confidence. Aluminium bar rods and profiles are extensively used in the transportation, construction and...
LB aluminium, one of the largest suppliers of aluminium in Malaysia, has recorded a decline in its net profit by 0.58 per cent to score at RM14.79 million for Q3 ended January 31, 2022 (3QFY22) from RM14.88 million a year earlier. According to the company's registration with Bursa Malaysia,...
On Tuesday, March 29, the Taloja Unit of Hindalco Industries Ltd. joined Aluminium Stewardship Initiative (ASI) as the new Production and Transformation member, raising the total count of ASI members to 218. Hindalco Taloja was launched in 1972 after being commissioned in 1971 with an installed...
European aluminium foil rollers finished 2021 on a record high, delivering 3.9 per cent higher than in the previous year. As per the data released by the European Aluminium Foil Association (EAFA), total shipments amounted to 967,000 tonnes in 2021, an increase of 36,000 tonnes or 3.87 per cent...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices following an intermittent cut on Saturday, March 26. With effect from Tuesday, March 29, Hindalco has grown its aluminium wire rod price by INR 2,250 per tonne to INR 324,100 per tonne. Until then, with...
The European leader in the manufacture and sale of aluminium rolled products for diverse industries worldwide ALVANCE Aluminium Duffel has enacted a fresh course of action which will see it transporting aluminium rolled products by barge to the port of Antwerp. The sustainable transport initiative...
The downstream sector of the aluminium industry witnessed limited number of events. As a result of the war, the metal industries have been affected the most. The global aluminium downstream sector started the week with the news of Novelis, announcing the launch of Novelis HRC57S®, a new, anodising...
Kautec Solutions, a specialised manufacturer and seller of all types of aluminium extrusion equipment has joined hands with Safespill, the world’s leading provider of ecologically friendly fire protection solutions. The deal will supply Safespill with a highly automated aluminium extrusion line,...
The metal aluminium is a very expedient product due to its malleability and elasticity than steel. The green metal aluminium can enter places and be moulded to shapes that steel cannot form in deeper or more complicated spinning, particularly for components with deep and straight walls, aluminium...
