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...
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According to the Shanghai Metals Market, aluminium billet inventories in China drops by 7,200 tonnes week-on-week across five major consumption areas. Due to which the inventories stood at 71,700 tonnes as of Thursday, December 2. The greatest contributor to the dropping social inventory was still Foshan, which had its local inventory decline 6,400 tonnes, or 21.05 percent, during the week. Wuxi and Changzhou had lower stocks, whereas Huzhou and Nanchang had somewhat higher inventories. The losses in weekly social inventory were still caused by decreased aluminium billet arrivals. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium inventories moved down 6,400 tonnes this week to close at 24,000 tonnes. In Wuxi,...
Hindalco Industries Limited decreased its aluminium products and aluminium ingot prices, with effect from Wednesday, December 1, following a hike on the previous day. The company reduced its aluminium wire rod price by INR 1,250 per tonne from INR 244,100 per tonne on November 30 to INR 242,850 per tonne on December 1. Hindalco’s aluminium billets price also saw a cut of INR 1,250 per tonne from INR 243,600 per tonne on November 30 to INR 242,350 per tonne on December 1. The company’s aluminium ingot selling price came in at INR 231,750 per tonne after being cut from INR 233,000 per tonne on the previous day. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which dropped on November 30...
Sortera Alloys, a Fort Wayne, Indiana-based firm that produces aluminium packaging from shredded automobiles using proprietary sorting technology and artificial intelligence (AI), has acquired $10 million in investment headed by Kirkland, Washington-based Breakthrough Energy Ventures. Sortera plans to utilise the funds to expand its operations and hire more people. Chrysalix and the Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) have previously funded Sortera, which is based on a 10-acre site near Fort Wayne. The firm is a spin-off from the ARPA-E METALS (Modern Electro/Thermochemical Advances in Light Metal Systems) programme, and it is directed by a team with advanced materials, electronic instrumentation, and equipment development experience. Sortera claims to...
Raffmetal and Cromodora Wheels, European aluminium alloys producer from recycling and first equipment aluminium wheels producer for major car makers, have signed a contract to develop, test, and patent an innovative high-performance primary alloys wheels from recycling. By maximising recycled content within the alloy, Cromodora will produce aluminium wheels of primary alloy from recycling, which will allow a 95 per cent reduction in energy consumption and 89 per cent decrease in CO2 emissions. The aim is to offer the market a wide range of alloy wheels in response to the growing demand of automotive manufacturers that strive to reduce emissions during production by utilising materials derived from recycling. The alloys will be produced in the Special Alloys plant in Vobarno and will be...
Elval, ElvalHalcor's Aluminium Rolling Division was certified against the AS9100 standard after meeting all of the standard's requirements and receiving extremely favourable feedback from the assessors. AS9100 is one of the most recent standards developed by the International Aerospace Quality Group (IAQG), which is made up of members from the aerospace sector from all around the world. The AS9100 certification provides Elval access to the aviation and aerospace supply chain, bringing up new opportunities for ElvalHalcor. The standard is aimed at companies who create, produce, or offer aviation, space, and defence goods and services, including parts, components, and assemblies, with the goal of assisting them in meeting their clients' unique needs. In the aircraft sector, aluminium has a...
Aluminium has been seeing a volatile trend in the global metals market for the past two months. In mid-October, the LME aluminium prices hit multi-year highs at US$3198/t but then recorded a steep downfall to US$2550/t in early November before stabilizing at around US$2700/t. Going ahead, volatility is likely to continue. Analysts expect demand to drop due to the decrement in global growth, while they also anticipate a tight supply of the metal due to high energy costs. However, the second quarter of FY2021-22 saw strong aluminium demand outside China from sectors like construction and packaging. But demand from the auto sector, the key aluminium consumer, was sluggish as automobile production was slow due to chip shortages. The aviation sector was also in a slowdown. In India, the...
The Aluminium Stewardship Initiative has certified Gränges, an aluminium technology company, against the Chain of Custody Standard Certification for casting and rolling operations at its Finspång AB plant in Sweden. The facility earlier achieved full Performance Standard Certification status, which superseded the Provisional Status Certification achieved in February 2021. Gränges Finspång AB plant in Sweden designs and manufactures aluminium rolled strips and sheets destined for the automotive industry, with current annual production capacity of 100 Kt. Fiona Solomon, Chief Executive Officer at ASI, said: “We congratulate Gränges on their achievement of Chain of Custody Standard and full Performance Standard Certifications at their Finspång facility. This facility’s focus on the...
The Chairman of the Board of Directors of Aluminium Bahrain B.S.C. (Alba), Shaikh Daij bin Salman bin Daij Al Khalifa, spotlighted that Alba being one of the key pillars in Bahrain’s economy is fully dedicated to validating the Government’s national initiatives, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, comprising the national Economic Recovery Plan, which focuses to develop job opportunities for Bahrainis, boost the contribution of non-oil sectors, as well as create direct and indirect investments for a circular economy for a better future for Bahrain. The metal company’s Chairman also manifested Alba’s willingness to brace putting in motion the Aluminium Downstream Park from the blueprint to reality and serve the cluster of companies with Line 6 metal to further...
Hindalco Industries Limited slashed its aluminium products and aluminium ingot prices on Saturday, November 27, following three consecutive hikes since November 23. The latest cut brought the company’s aluminium wire rod price to INR 240,350 per tonne from INR 249,350 per tonne on November 26. That reflected a downfall of INR 9,000 per tonne. Hindalco’s aluminium billets price stood at INR 239,850 per tonne with effect from November 27, also down by INR 9,000 per tonne from INR 248,850 per tonne. Hindalco’s aluminium ingot selling price came in at INR 229,250 per tonne after being declined from INR 238,250 per tonne on November 26. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which...
The demand for aluminium is on the path of escalation, as various industry analysts have already predicted that the metal aluminium is going to experience much hefty demand than the previous time and also to some extent replacing steel. The downstream segment, which is the most vital part of the global aluminium industry, is coming up with various expansions, acquisitions and the new production of machines and furnaces. The week ended yesterday, again observed some very important events. The leader in aluminium manufacturing since 1987, Extruded Aluminum Corp. is expanding its facility at 7200 Industrial Drive in Otisco Township, near Belding in Ionia County, Michigan. While in Europe, the Greek aluminium extrusion house, ELVIAL S.A has been reported of procuring a second furnace from...
According to the US Geological Survey (USGS), the United States exported 22,100 tonnes of US aluminium plates, sheets, bars to Mexico in September 2021, showing a month-on-month surge of 21,00 tonnes or by 10.5 percent. In August 2021, 20,000 tonnes of aluminium plates, sheets, bars were exported to Mexico, showing an increase of 3.5 percent from 19,300 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, bars exported to Mexico in September 2021, dropped down by 800 tonnes or by 3.49 percent from 22,900 tonnes. From January to September 2021, the exported aluminium plates, sheets, bars to Mexico closed at 204,000 tonnes. For the same period last year, the amount settled at 22,900 tonnes. As per the data shared by the United States Geological Survey, the amount...
The United States imported 24,400 tonnes of US aluminium crude metals and alloys from Argentina in September 2021, showing a month-on-month surge of 17,260 tonnes or 70.73 percent, says the US Geological Survey (USGS). In August 2021, 7,140 tonnes of US aluminium crude metals and alloys were imported from Argentina, flaunting a decrease of 47.88 percent from 13,700 tonnes in July 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Argentina in September 2021, elevated by 12,800 tonnes or by 52.45 percent from 11,600 tonnes. From January to September 2021, the imported US aluminium crude metals and alloys to Argentina settled at 84,900 tonnes. For the same period last year, the amount settled at 127,000 tonnes. According to the data shared by the United...
CRU Group, Aluminium Stewardship Initiative's (ASI) data transparency partner, has updated its Emissions Analysis Tool with a new rolling mill emissions dataset. The inclusion of this data, when paired with the current ASI Performance Standard and Chain of Custody Standard certification levels, allows tool users to better examine and acquire insights into their customers', suppliers', partners', and products' emissions profiles. For Bauxite mines, Alumina refineries, and Aluminium smelters, CRU's Emissions Analysis Tool provides data for 100 percent of worldwide output, and for Rolling Mills, 90 percent or more. Product level emissions data for building sheet, bright sheet, brazing sheet, plate, 1xxx, 3xxx, 5xxx, auto body, auto structural, foil stock, and can stock are included in the...
The globally leading provider of fully integrated heat-treating solutions and technologies, NITREX METAL’s emphasis on quality and customer satisfaction sustains to pay off, as ELVIAL S.A., one of the largest aluminium extrusion companies in Greece has procured a second NX-815 E furnace from NITREX to fulfil the demands which are developed following its plant expansion and scaling production capacity. Marcin Stokłosa, Project Manager at Nitrex said: “This additional NX-815 E furnace, which was installed and began production in July 2021, will help increase the production of building materials by the company, while the first furnace has been operational since 2016”. However, according to Marcin Stokłosa, an ELVIAL representative cited good equipment, technology and service to explain why...
Remi Claeys Aluminium NV has become a new Industrial User member of Aluminium Stewardship Initiative (ASI), boosting the total number of ASI members to 200. Sustainability is the greatest challenge of modern manufacturing and in order to achieve the low-carbon world dream, a change in economy is must. Aluminium is an important component of the circular economy. Materials that recycle indefinitely contribute to a long-term future. About 5 percent of the energy needed to create primary aluminium is utilised to recycle aluminium scrap. Through our remelt plant, where we sift and remelt discarded and scrapped aluminium, we hope to contribute to a more circular economy. More than 95 percent of the aluminium used at Remi Claeys Aluminium Lichtervelde is recycled material melted in our own...
As per the data recently shown by China customs, the country’s aluminium wheel exports in October 2021 recorded a decrease of 25.79 per cent month-on-month to 65,400 tonnes. On a year-on-year calculation, the exports stood 21.28 per cent lower, contributed primarily by Hebei and Guangdong as they saw the sharpest decline during the said month. From Hebei, aluminium wheel exports in October stood at 13,800 tonnes, down by 35.19 per cent from 21,200 tonnes in September. Exports from Guangdong came in at only 2,500 tonnes after being decreased by 60.52 per cent from the previous month. The exports from Shandong, Zhejiang, Tianjin, and Shanghai also fell significantly. China’s top five export destinations of aluminium wheel were the United States, Japan, Mexico, West Korea, and Thailand....
Aluminium billet inventories in China dwindled by 21,600 tonnes week-on-week across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories settled at 78,900 tonnes as of Thursday, November 25. The inventories in Foshan and Huzhou declined the most, while Wuxi and Changzhou also saw drops. According to SMM, the major reason for the increase is that the downstream sector bought on the rise as aluminium prices continued to rise in the week, reaching RMB 19,320 per tonne in east China, up RMB 980 per tonne from a week before. Meanwhile, due to adverse weather in north-west China, transportation capacity was decreased, causing arrivals from north to south China to be postponed. The number of weekly arrivals in south China was quite low. The chart below...
According to the US Geological Survey (USGS), the United States exported 23,900 tonnes of US aluminium plates, sheets, bars to Canada in September2021, flaunting a month-on-month descend of 2,700 tonnes or by 10.15 percent. In August 2021, 26,600 tonnes of aluminium plates, sheets, bars were exported to Canada, depicting a surge of 20.67 percent from 21,100 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, bars exported to Canada in September 2021, moved down by 3,400 tonnes or by 12.45 percent from 27,300 tonnes. From January to September 2021, the exported aluminium plates, sheets, bars to Canada stood at 227,000 tonnes. For the same period last year, the amount closed at 221,000 tonnes. According to the data shared by the United States Geological Survey,...
