Ford has produced more than 5,000 large aluminium unicastings at its Shelbyville Technical Center as it advances manufacturing preparations for the Fathom midsize electric truck, scheduled to launch in 2027. The castings are being used for process testing and prototype assembly at the company's Louisville Assembly Plant. The Fathom will feature two large aluminium unicastings that replace 146 individual structural parts, significantly simplifying the vehicle's architecture. Ford says the approach reduces vehicle mass and improves overall energy efficiency, while introducing a different method of assembling vehicles through its new Universal Production System. The two large structures form the front and rear sections of the vehicle. By consolidating numerous components into fewer castings,...
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...
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The coup in Guinea, a country rich in bauxite, in early September sparked market fears about a shortage of raw materials. Due to the dual control of energy use and the steep rise in coal costs, coupled with power rationing measures, the domestic power supply is tightening. The most actively traded SHFE aluminium contract reached a new high of RMB 24,000 per tonne. In late September, the funds fled the market, and downstream manufacturers were subjected to power rationing rules. Consumption was subdued, and aluminium contracts on the SHFE were adjusted. On September 30, the most actively traded SHFE aluminium futures ended at RMB 22,405 per tonne, up 10.54% from the previous month. At the same time, in September, the Fed continued to implement its liquidity easing strategy, Guinea suffered...
According to the US Census Bureau, the United States imported 28,200 tonnes of aluminium crude metals and alloys from the United Arab Emirates in July 2021. That was sharply down by 8,500 tonnes or 23.16 per cent from 36,700 tonnes in June 2021. In May, the US imports stood at 32,800 tonnes, meaning the imports in June recorded a month-on-month rise of 3,900 tonnes in June. On a year-on-year calculation, the United States aluminium crude metals and alloys imports from the UAE in July 2021 edged a significant rise of 284 per cent from 7,350 tonnes. From January to July, the United States’ aluminium crude metals and alloys imports from the UAE totalled 206,000 tonnes, up by 11.35 per cent from 185,000 tonnes during the corresponding period last year. The United States total aluminium crude...
As per the global standard, the aluminium industry considers: “Aluminum from 0.008 inches to less than 0.25 inches thick is considered sheet. Thinner aluminium is foil and aluminium 0.250 inches and thicker is plate. Strips are sheets that are machined into units with smaller width for specific applications.” Cameroon's market-based, diversified economy features oil and gas, timber, aluminium, agriculture, mining and the service sector. The country has a mixed economic system that incorporates a variety of private freedom, combined with centralized economic planning and government regulation. Cameroon being a part of the Economic Community of Central African States (ECCAS), imported 27,314 tonnes of aluminium plates, sheets and strips during 2019-20 and the expenditure counted for the...
The voice of the European aluminium value chain, European Aluminium Association hails the European Commission’s final confirmation of the definitive anti-dumping duties required to hinder the impact of Chinese dumping of flat-rolled products (FRPs) on the EU market. Correspondingly, European Aluminium strongly opposes the contradictory 9-month suspension of these duties officially announced by the European Commission on 11 th October 2021. European Aluminium is ready to follow all available avenues to combat the unjustified suspension of the long-overdue trade defence measures. The European Commission’s Definitive Findings in the anti-dumping investigation into certain aluminium flat-rolled products (FRP, case AD668) clearly confirmed that China practices injurious dumping of aluminium...
Aluminium billet inventories in China grew last week ended on Friday, October 8, by 19,500 tonnes across five major consumption areas, found the Shanghai Metals Market. That brought the aluminium billet stocks to 177,000 tonnes, primarily contributed by the inventory growth in Foshan. The increase in aluminium billet inventories is mainly due to falling demand amid suspended production for the National Day holiday. The chart below indicates the current status of aluminium billet inventories across China in more detail: Among all the Chinese cities, Foshan saw the highest growth in billet inventories last week of 9,200 tonnes to stand at 94,600 tonnes as of October 8. In Nanchang and Huzhou, aluminium billet inventories increased by 3,500 tonnes and 3,000 tonnes, respectively, to come in...
The week witnessed some major events in the global aluminium industry’s downstream segment. German aluminium precision expertise alimex GmBH joins ASI as Production & Transformation member. UK Trade Remedies Authority to investigate aluminium road wheels imports from China to decide anti-dumping duties. The major public listed banking group in Malaysia, Hong Leong expects rosy earnings prospects for Press Metal Aluminium in FY2022-23. Press Metal’s Phase 3 Samalaju expansion project is also expected to be a vital catalyst for the company’s earnings growth in FY2022-2023. Hindalco Industries Limited decreased its aluminium products prices with effect from Friday, October 1, a day after it increased the prices on September 30. The latest cut has brought the company’s aluminium billets price...
According to a recent report, the Trade Remedies Authority (TRA) of the United Kingdom will review aluminium road wheels imports from the People’s Republic of China. The objective is to evaluate whether anti-dumping duties are required to countervail imports to the UK or whether the domestic aluminium road wheels industry would be injured without the duties. TRA will reportedly review the wheels which are used on motor vehicles and often called ‘alloy wheels’. As the name suggests, the wheels are made from an alloy of mainly aluminium with a small amount of other metals or silicone to increase durability. The investigation will cover the wheels imported between July 1, 2020, and June 30, 2021. In order to assess injury, the non-departmental public body will examine the imports of July 1,...
The only leading Bangladesh company backed with Korean technology, Nialco Alloy plans to build two new facilities to manufacture finished products to expand its business. The company is the only one to be listed on the SME platform of the Chattogram Stock Exchange. Nialco Alloys is a 100% export-oriented company that mainly manufactures high-grade bronze and brass ingots including Phosphorus Bronze, Leaded Bronze, Aluminium Bronze, Manganese Bronze, Sand Cast Brass (SCB), High Tensile Brass (HTB), Die Cast Brass (DCB), Master Alloys, etc. An official of Nialco Alloys stated: “The company will invest more than Tk 2 crore (2 crores Bangladeshi taka) in the new plants – an aluminium product manufacturing and an aluminium-zinc recycling plant and the project cost will come from the bank...
Hong Leong Investment Bank Bhd (HLIB) has shown confidence about Press Metal Aluminium Bhd’s earnings prospects in the next 12-18 months. The bank anticipates that the Malaysia aluminium extrusion manufacturer and traders’ earnings to be buoyed by the bullish LME aluminium benchmark price trend over the next one year or more. Also, the general recovery of the aluminium market post-pandemic across most countries is expected to contribute to Press Metal’s earnings. According to Hong Leong, the world at large is likely to enter into an aluminium deficit during FY2022-23, resulting in demand outstripping supply globally. This may ultimately lead to a drop in inventory in the LME, lifting aluminium spot prices. Press Metal’s Phase 3 Samalaju expansion project is also expected to be a vital...
The economy of Bosnia and Herzegovina has a transitional with limited market reforms. It is heavily dependent on the export of metals, energy, textiles, and furniture as well as on remittances and foreign aid. However, the European Bank for Reconstruction and Development (EBRD) stated in June that it predicts Bosnia and Herzegovina's gross domestic product (GDP) to rise by 3.5% in 2021 before the growth slows down to 3% in 2022. The nation on the Balkan Peninsula in South-Eastern Europe, Bosnia and Herzegovina exported 50,116 tonnes of aluminium bar rods and profiles during 2018-20 and the revenue generated from the export counted to $143.62 million. In 2018, Bosnia and Herzegovina exported 6628 tonnes of aluminium bar rods and profiles and the earnings accounted from the export was...
According to the US Geological Survey (USGS), Canada imported 21,100 tonnes of plates, sheets, and bars from the United States in July 2021, showing a month-on-month reduction of 3400 tonnes or 13.87 percent. In June 2021, 24,500 tonnes of plates, sheets, and bars were exported to Canada, a decrease of 1.20 percent from 24,800 tonnes in May 2021. On a year-on-year calculation, plates, sheets and bars exported to Canada in July 2021 surged by 5,500 tonnes or by 20.67 percent from 26,600 tonnes. From January to July 2021, the exported plates, sheets and bars to Canada surged 9,000 tonnes or by 5.35 percent on a year-on-year calculation to close at 177,000 tonnes. For the same period last year, the amount of plates, sheets and bars imported to Canada was recorded at 168,000 tonnes. As per...
Leichtmetall Aluminium Giesserei Hannover GmbH has joined Aluminium Stewardship Initiative (ASI) as the new Production and Transformation member. After joining, the total number of members in ASI will become 197. Leichtmetall Aluminium Giesserei Hannover GmbH is known for discovering continuous casting in 1920, which went on to become the world standard in wrought alloys. They produce high-strength aluminium alloys for the aviation industry, aerospace industry, for vehicles and power plant. Their main aim is to produce top quality aluminium by conserving resources and making the process more energy efficient. Leichtmetall Aluminium Giesserei Hannover GmbH is a pioneer in technology with a team of creative innovators who believe in both theoretical and practical application. For them,...
On 1st October 2021, BAGR Berliner Aluminiumwerk GmbH, which is operating a melting and casting plant for secondary aluminium in a traditional industrial area in the north of Berlin since 1997, announces a change in their management board. Mustafa Güngör, the well-established Managing Director of BAGR will be retiring from the organization on 31st October 2021. The company has appointed Oleg Hoffmann as the new Managing Director commencing from 1st October 2021. The veteran engineer Mustafa Güngör's professional career is inseparably linked to the history of aluminium production in Berlin. Güngör having already worked as a quality engineer and plant manager under the former operator of the site, after the takeover by BAGR he delivered outstanding services in that same function to realign...
Hindalco Industries Limited decreased its aluminium products prices with effect from Friday, October 1, a day after it increased the prices on September 30. The latest cut has brought the company’s aluminium billets price to INR 251,600 per tonne, down by INR 4,500 per tonne or 1.76 per cent from INR 256,100 per tonne on September 30. Hindalco’s aluminium wire rod price also declined by INR 4,500 per tonne to come in at INR 255,600 per tonne on October 1, in comparison with INR 260,100 per tonne on September 30. The company is currently selling its aluminium ingot at INR 244,500 per tonne in contrast to the selling price of INR 249,000 per tonne on September 30. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on...
The Aluminium Stewardship Initiative has announced the joining of alimex GmBH Precision to ASI as a Production & Transformation member. This brings the total number of ASI Members to 196. alimex, the inventor of the cast-plate, produces aluminium cast plates which surpass the highest market standards. They also produce aluminium components using German precision expertise. Together with customers, they plan and develop innovative solutions for the most important industries of the future. As a value creation partner for all industries, alimex considers itself to be a “sparring partner” for the best solutions relating to aluminium. Dr Philip Grothe, CEO of alimex, said: “As a globally active, independent family-owned company that has been providing its partners with precise Aluminum...
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. The global law firm Curtis, which represents a number of international clients brought victory to Govt. of Oman and Oman Aluminium Rolling Company in the US trade case. Curtis further stated that their international team, comprising lawyers in Muscat, Geneva, and Washington, successfully beat back the allegations. The Chinese aluminium foil exports have recorded growth by 19% in August 2021 to 115,400 tonnes. However, China is facing the heat of power shortage, which has driven multiple industries to close down, while aluminium industries were forced to curb their production. After two consecutive declines on September 25 and 28, Hindalco Industries Limited has...
According to the Shanghai Metals Market, aluminium billet inventories have grown marginally by 500 tonnes week-on-week across five major consumption areas to stand at 157,500 tonnes as of Thursday, September 30. Among all the major Chinese cities, Nanhai has contributed maximum to the growth in inventories this week, found SMM. The downstream restocking was sluggish amid high aluminium prices and power rationing, resulting in slow inventory rise. However, post-holiday, the recovery is expected to be worthy of attention. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Nanchang, aluminium billet inventories have climbed by 2,000 tonnes to stand at 20,500 tonnes on September 30, while the stocks in Foshan and Changzhou have inched...
According to the US Geological Survey (USGS), the United States imported 213,000 tonnes of crude metals and alloys from Canada in July 2021, reflecting a month-on-month decrease of 4,000 tonnes or 1.84 percent. In June 2021, 217,000 tonnes of aluminium crude metals and alloys were exported from Canada, a growth of 8.5 percent from 200,000 tonnes in May 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Canada in July 2021 increased by 7,000 tonnes or by 3.39 percent from 206,000 tonnes. From January to July 2021, the imported aluminium crude metals and alloys by the United States plunged by 3,0000 tonnes or by 2.04 percent on a year-on-year calculation to settled at 1,440,000 tonnes. For the same period last year, the amount exported by Canada was...
