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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AT Systematization Bhd’s (ATS), the fully owned manufacturing unit of AT Precision Tooling Sdn Bhd (ATP) has set foot into a value contract with Maschinenfabrik Rieter AG (Rieter) towards the production of aluminium profiles for Rieter’s Card and Ringspun sector, which amounts to $10 million. On 9...
The leading auto component manufacturer Endurance Technologies reported that the company’s profit after tax (PAT) reduced to half, which amounted to INR 94.6 crore in the December quarter (Q3FY22) due to infirm operational performance. The aluminium auto parts & equipment company had posted a PAT...
On Tuesday, January 8, Sierra Aluminum, announced that it would expand its extrusion, anodizing, and painting capacity by adding a greenfield plant in Mexicali, Mexico, as well as significant investments in its current California operations. Sierra Aluminum is one of the western United States'...
Hindalco Industries Limited has dramatically increased its aluminium products and aluminium ingot prices in line with the LME aluminium price growth to a four-month high. With effect from Wednesday, February 9, Hindalco’s aluminium wire rod price has hiked by INR 12,500 per tonne or 4.53 per cent...
As per the US Geological Survey (USGS), the United States exported 20,800 tonnes of US aluminium plates, sheets and bars in November to Mexico. On a month-on-month scale, there was a hike of 500 per tonne or 2.46%. In October 2021, 20,300 tonnes of US aluminium plates, sheets and bars were exported...
According to the US Geological Survey (USGS), the United States imported 24,300 tonnes of US aluminium crude metals and alloys from Bahrain in November, showing a month-on-month surge of 7,100 per tonne or by 41.27%. In October 2021, 17,200 tonnes of US aluminium crude metals and alloys were...
On Monday, February 7, Novelis Inc., the world leader in aluminium rolling and recycling, announced its 3QFY2022 financial and operational results ended December 31, 2021, whereby it revealed the net income attributable to common shareholder at $262 million. That was year-on-year increase of 48.86...
AlCircle is excited to announce the launch of its 9th edition of e-Magazine "Global Aluminium Foundry: Challenges and Opportunities Ahead in 2022", whereby it has addressed the key roles played by aluminium foundries in the production of aluminium products. Aluminium foundries are functionalized to...
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices on Saturday, February 5, in response to the LME aluminium price growth. With effect from February 5, Hindalco’s aluminium wire rod price witnessed a rise of INR 2,000 per tonne or 0.73 per cent from INR 273,850...
The downstream segment of the global aluminium sector is still witnessing acquisitions and expansions, which started eventfully from the later part of the previous year. This happening ensures that the global manufacturing industry is countering and gradually recovering the dent created by the...
According to the US Geological Survey (USGS), the United States exported 26,200 tonnes of US aluminium plates, sheets and bars in November to Canada, showing a month-on-month hike of 3,100 per tonne or by 13.41%. In October 2021, 23,100 tonnes of US aluminium plates, sheets and bars were exported...
On Tuesday, February 1, Hydro completed the sale of its aluminium extrusion plant in Kuppam, India, to Hindalco Industries Limited, as was expected in the first quarter of 2022. On December 17, Hydro had signed a Business Transfer Agreement to sell its extrusion operations in Kuppam to Hindalco for...
On 2 nd February 2022, the Indonesian Ambassador to Sri Lanka, Dewi Gustina Tobing met the Prime Minister of Sri Lanka, Mahinda Rajapaksa in Colombo towards promotion and the marketing of Indonesian produced aluminium and electric motorcycles. The ambassador promoted the aluminium manufactured in...
The Turkish organization, ETi Alüminyum, which is counted as one of the few integrated facilities in the world that can produce from the mine to the final products with a wide range of uses, from window profiles to aeroplanes is expanding its solar park with two projects that are contemplated to...
According to a recent report, Stefan Glimm will retire from his remaining responsibility as Director General of the Global Aluminium Foil Roller Initiative (GLAFRI) at the end of February 2022. He served the aluminium foil industry for 30 years and the aluminium industry in general for almost four...
The leading aluminium smelting and rolling mill in the world, Aluminium Norf GmbH (Alunorf) will purchase electricity from five wind parks in the state of North-Rhine Westphalia to diminish its carbon footprint. The German aluminium producer, Alunorf’s inked power purchase agreement (PPA) with...
According to the US Geological Survey (USGS), the United States exported 53,100 tonnes of US aluminium scrap in November to Malaysia, depicting a month-on-month escalation of 4,400 per tonne or by 9.03%. In October 2021, 48,700 tonnes of US aluminium scrap were exported to Malaysia, showing a hike...
The Harare, headquartered Zimbabwean manufacturing company, Almin Metal Industries Limited is all set to open three new branches in March 2022 as part of its drive for business expansion. In 1969, Almin Metal Industries was founded, while the company is in the business of manufacturing and supply...
