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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Hindalco Industries Limited continued to reduce its aluminium products and aluminium ingot prices, with effect from Saturday, March 12, in response to LME aluminium price fall by US$63 per tonne on Friday, March 11. Hindalco cut its aluminium wire rod price by INR 4,000 per tonne to bring it to...
In light of the current crisis and increased sanctions on Russia, a lot of changes had taken place in the metal industry. To begin with, Press Metal, a Malaysian aluminium firm is ramping up production capacity to produce additional value-added aluminium products following the completion of its new...
FONNOV ALUMINIUM prominent and experienced aluminium extrusion producer in China, specialized in high-quality custom extrusions and fabricated aluminium products, has upgraded its services to better serve the Chinese domestic market with aluminium extrusion and profiles. Extruded aluminium...
ST Extruded Products Group (STEP-G) has joined Aluminium Stewardship Initiative (ASI) as its new member in the Production and Transformation category, taking the total number of ASI members to 214. STEP-G is a multinational company known for the manufacture of extruded aluminium profiles. It has...
On Thursday, March 10, China’s aluminium billet inventories crash-dived by 16,500 tonnes or 6.83% a week-on-week, as aluminium prices went down for the third day, found the Shanghai Metals Market. As a result, the inventories registered at 225,000 tonnes. However, conversion margins on aluminium...
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices back-to-back for the third day in a row, in tandem with the LME aluminium price movement. With effect from Thursday, March 10, Hindalco has increased its aluminium wire rod price by INR 2,500 per tonne to INR...
According to latest data reported by the US Geological Survey, the United States’ aluminium crude metals and alloys imports from Russia rebounded to 22,900 tonnes in December 2021, seeing a sharp rise of 165.35 per cent month-on-month. In November 2021, the imports plummeted by 63.43 per cent to...
The automakers and aerospace sector are extensively manifested ought to Russia opt to strike back countering the sanctions inflicted by the west and its pool. The San Francisco, California based freight forwarding and customs brokerage company, Flexport withstands that blocked trade lanes,...
In December 2021, US exported 19,100 tonnes of aluminium plates, sheets and bars to Canada, showing a month-on-month decline of 7,100 tonnes or 27.09%. In November 2021, 26,200 tonnes of US aluminium plates, sheets and bars were exported to Canada, reflecting an elevation of 3,100 tonnes from...
Hindalco Industries Limited has continued to hike its aluminium products and aluminium ingot prices, with effect from Tuesday, March 8, in line with the rally of LME aluminium price close to US$4,000 per tonne. Aluminium wire rod selling price of the company has seen a raise of INR 14,750 per tonne...
The Malaysia-based aluminium company with a profound global presence, Press Metal is functioning up its production capability to manufacture more value-added aluminium products ensuing the thorough commissioning of its new phase three smelter in Samalaju Industrial Park in Bintulu, the central...
According to the US Geological Survey (USGS) statistics, 196,000 tonnes of US aluminium crude metals and alloys were imported from Canada on December 2021, showing a month-on-month sharp decline of 39,000 per tonne or 16.59%. In November 2021, US imported 235,000 tonnes of US aluminium crude metals...
Aluminium Stewardship Initiative has certified Hindalco’s Mouda aluminium plant near Nagpur, Maharashtra, against the Performance Standard for sustainable and responsible casting and rolling operations and sourcing and stewardship of aluminium. Hindalco’s Mouda aluminium plant manufactures...
Some major aluminium extruders have begun production, while others will not be fully operational until late February or early March. Due to the Russia-Ukraine conflict, price of aluminium has been increasing consistently, causing several downstream companies to choose aluminium billets over ingots,...
On December 2021, US exported 18,400 tonnes of aluminium plates, sheets and bars to Mexico, found the US Geological Survey (USGS). On a month-on-month scale, the country witnessed plunge of 2,400 per tonne or 11.53%. In November 2021, 20,800 tonnes of US aluminium plates, sheets and bars was...
Hindalco Industries Limited’s aluminium products and aluminium ingot prices have witnessed a surge yet again in line with the LME aluminium benchmark price rally as investors’ fear has heightened concerning tight metal shipments and logistic costs due to several sanctions on major producer Russia....
Altek Metal, a manufacturer of finely machined 5083 alloy aluminium cast plates under the Aludur and Aludur Plus trademarks, receives 18 million Euro joint investment from the European Bank for Reconstruction and Development (EBRD) and Garanti BBVA to construct aluminium recycling casthouse with a...
According to the US Geological Survey (USGS), the United States exported 7,690 tonnes of US aluminium crude metals and alloys in November to Mexico. On a month-on-month scale, there was an escalation of 920 per tonne or 13.58%. In October 2021, 6,770 tonnes of US aluminium crude metals and alloys...
