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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Extruded Aluminum Corp. (EAC), a 6000 series aluminum extrusion manufacturer, will reportedly expand its facility at 7200 Industrial Drive in Otisco Township, near Belding in Ionia County. The news came last week after The Right Place Inc., together with the Ionia County Economic Alliance (ICEA) and the Michigan Economic Development Corporation (MEDC), announced it officially. The extrusion manufacturer has already purchased a 14-acre land adjacent to its current facility in Otisco Township to accommodate the expansion. The space will allow EAC to house additional production, handling, and processing equipment. The project will require a total investment of $30.4 million, bringing about 38 new jobs to the community. Governor Gretchen Whitmer said, “Extruded Aluminum Corp.’s investment...
Hindalco Industries Limited has grown its aluminium products and aluminium ingot prices with effect from Tuesday, November 23, following two consecutive days of cut on November 17 and 19. Hindalco has increased its aluminium billets price by INR 4,500 per tonne to INR 241,600 per tonne on November 23. Hindalco’s aluminium wire rod price has also seen an increase of INR 4,500 per tonne on November 23 from INR 237,600 per tonne to INR 242,100 per tonne. The company’s aluminium ingot price is standing at INR 231,000 per tonne versus INR 226,500 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 rose to US$2,653.50 per tonne on November 22 from US$2,607.50...
China customs data has reported an 8 per cent month-on-month downfall in the country’s aluminium extrusion exports in October 2021. As per the data, the exports stood at 74,400 tonnes in the said month, which also reflected a 4 per cent year-on-year fall. The decline in exports could be attributed to the 7-day National Day Holiday in China. Besides, the sharp hikes in domestic aluminium price in early October to a new high at RMB 24,240 per tonne affected the export order. The SHFE/LME aluminium price ratio stood above 7.5. In late October, the prices fell too fast, making both domestic and overseas buyers wait-and-see. The main export destinations of China’s aluminium extrusion were Vietnam, Nigeria, Australia, the Philippines, South Africa and other countries. The exports to Vietnam and...
Hindalco Industries Limited continued to reduce its aluminium products and aluminium ingot prices on Friday, November 19, in line with the LME aluminium benchmark price fall. Hindalco’s aluminium wire rod price came in at INR 237,600 per tonne on November 19 after being declined by INR 2,750 per tonne from INR 240,350 per tonne on November 17. Hindalco’s aluminium billets price also saw a decrease of INR 2,750 per tonne from INR 239,850 per tonne on November 17 to INR 237,100 per tonne on November 19. The company’s aluminium ingot price stood at INR 226,500 per tonne versus INR 229,250 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 on November 18...
The downstream segment of the global aluminium industry remained insightful this week, with the world’s largest aluminium rolling company, Hindalco plans to repay INR 6000 crore debt and it also projects to marginally reduce the capital expenditure to INR 2,400 crore. The same Hindalco Industries has also regained the place of the world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 202. While on the other side, Evtec acquires Sanjeev Gupta’s Liberty Aluminium Technologies. Gupta’s GFG Alliance, since the fall down of its primary lender Greensill Capital in March 2021 has gone through months of restructuring. The UK’s largest automotive manufacturing employer, JLR mediated to solicit Evtec to take over the sites due to the concern over whether Liberty’s distress...
The founder of Liberty House Group and the Executive Chairman of GFG Alliance, Sanjeev Gupta has sold out two aluminium parts factories after Jaguar Land Rover (JLR) set its foot to acquire a vital part of its supply chain. The single source, a tier-one supplier of assembled products, working with OEMs around the world to support the automotive industry's shift to electrification, the Coventry based Evtec will buy out Liberty Aluminium Technologies casting plants in Coventry and Kidderminster in the West Midlands, safeguarding 170 jobs. Even so, GFG is shutting down a site in Witham, Essex, which will lay-off 64 jobs. Gupta’s GFG Alliance, since the fall down of its primary lender Greensill Capital in March 2021 has gone through months of restructuring. The collapse of the lender evoked...
Aconity3D, a 3D printer company, and Equispheres, an AM powder expert, have reached an early and promising milestone in a collaboration effort. The firms achieved 60 percent quicker printing rates without losing mechanical qualities using Aconity3D's 1-kW MIDI system and Equispheres' aluminium powder. Aconity3D and Equispheres have been collaborating since early 2021, when Equispheres, located in Canada, chose Aconity3D to be a part of its lab expansion project. Aconity3D has been testing Equispheres' aluminium powder for the manufacturing of a component for the AconitySCAN, a system built into the company's range of powder bed fusion printers, as part of the cooperation. The objective was to employ Equispheres' aluminium powder to speed up the part's manufacture compared to traditional...
The pioneers and innovators for integrated solutions in additive manufacturing EOS GmbH, has announced the addition of EOS Aluminium Al2139 AM, a new material distinctively developed for Additive Manufacturing. The alloy is set forth to offer high performance in elevated temperatures up to 200°C, superior corrosion resistance and is the highest-strength AM aluminium alloy obtainable from EOS. Al2139 AM performs a yield and tensile strength of around 500 MPa in its heat treatment state. However, due to a single-step heat treatment procedure, companies can save up to 88% in active heat treatment time, this implicates parts that can be manufactured faster. The components manufactured using EOS Aluminium Al2139 AM can also be electropolished and anodised. The conjunction of lightweight and...
Aluminium billet inventories in China dropped again by 11,700 tonnes week-on-week across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories closed at 100,500 tonnes as of Thursday, November 18. The main reason behind the decline in aluminium billet inventories this week was primarily due to Foshan, whose inventory declined by 14.44 percent to close at 6,500 tonnes for the week, followed by Wuxi, whose inventory dropped by 13.54 percent to settle at 3,100 tonnes. The key causes include still-low billet arrivals and a heated transaction market amid declining aluminium prices that week, which resurrected the downstream market. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan,...
According to the US Geological Survey (USGS), the United States imported 20,000 tonnes of plates, sheet, bars from China in August 2021, showing a month-on-month ascend of 10,290 tonnes or by 105.97 percent. In July 2021, 9,710 tonnes of plates, sheets, bars were imported from China, flaunting a decrease of 10.91 percent from 10,900 tonnes in June 2021. On a year-on-year calculation, plates, sheets, bars imported from China in August 2021, ascended by 8,900 tonnes or by 80.18 percent from 11,100 tonnes. From January to August 2021, the imported plates, sheets, bars by the United States settled at 95,600 tonnes. For the same period last year, the amount exported by China totalled at 82,100 tonnes. Based on the data shared by the United States Geological Survey, the total amount of...
Aluminium foil deliveries from Europe slowed down in Q3 2021 compared to Q2, but remained ahead of the same period last year, according to data revealed by the European Aluminium Foil Association (EAFA). In Q3 2021, total deliveries stood at 236,500 tonnes, up 1.2 per cent year-on-year. In the first nine months of the year, shipments totalled 723,000 tonnes, up 2.7 per cent from 706,500 tonnes during the corresponding period last year, driven by continued increase in domestic consumption but offset by export volume decline. Demand for aluminium foil in the domestic market recovered strongly at 7 per cent. Deliveries of thinner gauges, used mainly for flexible packaging and household foils, grew 6 per cent Y-o-Y in Q3, and thicker gauges, used for semi-rigid containers, technical or other...
Hindalco Industries has once again bagged the title of world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 2021. In the 2021 edition of the S&P Dow Jones Sustainability Indices (DJSI) corporate sustainability assessment (CSA) rankings, Hindalco was ranked first in the aluminium industry for its sustainability performance. Hindalco is the sole aluminium business to be admitted to the elite DJSI World Index in 2021, and its membership in the DJSI Emerging Markets Index remains unchanged. The inclusion on the list, according to Hindalco Managing Director Satish Pai, is a tribute to the company's comprehensive strategy and demonstrates its commitment. The firms in this index account for 10% of the world's 2,500 biggest corporations by market capitalization. This...
According to the US Geological Survey (USGS), the United States exported 7,820 tonnes of US aluminium crude metals and alloys to Mexico in August 2021, displaying a month-on-month decrease of 1210 tonnes or by 13.39 percent. In July 2021, 9,030 tonnes of aluminium crude metals and alloys were exported to Mexico, showing a decrease of 21.47 percent from 11,500 tonnes in June 2021. On a year-on-year calculation, US aluminium crude metals and alloys exported to Mexico in August 2021, moved up by 120 tonnes or by 1.55 percent from 7,700 tonnes. From January to August 2021, the exported aluminium crude metals and alloys to Mexico settled at 78,400 tonnes. For the same period last year, the amount totalled at 53,400 tonnes. According to the data shared by the United States Geological Survey,...
According to the report shared by the Shanghai Metals Market, energy supply constraints due to soaring prices have pushed the United States' aluminium prices to record highs and also led to the shortages of key raw materials such as magnesium and silicon, exacerbating the tight supply situation of aluminium. Matalco Inc., the largest aluminium billet producer in the United States, has already warned customers that it might cut production and make limited deliveries as early as next year because of a magnesium shortage, reported Bloomberg. Alcoa Corporation, the largest primary aluminium producer in the US, has also expressed concern about the magnesium shortage, and some suppliers have issued so-called force majeure statements. Force majeure clauses are attached to sales contracts,...
The global leader in aluminium production, RUSAL in association with Kamensk-Uralsky Metallurgical Works J.S.Co (KUMZ), one of the largest downstream companies in Russia has successfully debuted the production of various rolled and pressed semi-finished products from an aluminium-magnesium-scandium alloy of grade 1581. The semi-finished products supplier in aluminium and magnesium alloys, KUMZ, as a part of this collaboration organised the commercial production of plates and sheets from ingots, produced by the Krasnoyarsk aluminium smelter following a specially developed rolling technology. However, such semis are in demand amongst Russian customers from the transport-engineering sector, who develop and produce products for the railway and shipbuilding industries. The alloy of grade 1581,...
The Indian multinational aluminium and copper manufacturing company, Hindalco Industries formulates to repay INR 6,000-crore debt from next June to pull down its debt further. The metal company has narrowed its net debt to INR 66,831 crore as of September end against INR 78,266 crore documented in the same phase the previous year. The Managing Director of Hindalco Industries, Satish Pai commented by saying: “The current net debt to EBITDA level in India is about 1.25 times and repayment of bonds worth INR 6,000 crore is coming up from next June.” He added: “This will be repaid completely from internal accruals as about INR 30,000 crore is lying in the treasuries.” One of the leading power-intensive companies, Hindalco projects to outsource its green energy requirement by inking an...
According to the US Geological Survey (USGS), the United States imported 219,000 tonnes of US aluminium crude metals and alloys from Canada in August 2021, showing a month-on-month ascend of 6000 tonnes or by 2.81 percent. In July 2021, 213,000 tonnes of aluminium crude metals and alloys were imported from Canada, highlighting a decrease of 1.84 percent from 217,000 tonnes in June 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Canada in August 2021, soared up by 14,000 tonnes or by 6.82 percent from 205,000 tonnes. From January to August 2021, the imported aluminium crude metals and alloys by the United States closed at 1,660,000 tonnes. For the same period last year, the amount exported by Canada totalled at 1,680,000 tonnes. Based on the data...
The Hamburg based high-performance aluminium alloys producer to supply the entire world of 3D printing, Fehrmann ALLOYS has appointed Jan-Peter Derrer, as the new Head of Sales. He is an industry renowned expert in 3D printing systems for the sale of new metal alloys. At the beginning of October 2021, Jan-Peter Derrer joined Fehrmann Alloys. Derrer with over 12 years of experience with various 3D printing system manufacturers started his career in Germany at SLM Solutions. He then worked for several years at British manufacturer Renishaw and most recently held the position of Senior Business Development Manager at Chinese OEM, Farsoon Europe. He now brings his wealth of experience to high-performance powder sales. Fehrmann Alloys inspired him with the vision of standing out from the crowd...
