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 international law firm Curtis that represents clients globally from corporations and governmental entities to emerging entrepreneurs declared that its international trade practice brought a significant victory for the Govt. of Oman and local aluminium sheet and foil producer, Oman Aluminium Rolling Company (OARC), in a year-long probe by the US Department of Commerce into allegations that the sultanate unfairly capitalized OARC’s operations. The critical issue in the US trade case was the accusation that the sultanate directed banks in Oman to dispense OARC with preferential lending. Curtis stated in a statement: “Our international team, comprising lawyers in Muscat, Geneva, and Washington, successfully beat back the allegations. The result was a ‘negative’ finding on the banking...
After two consecutive declines on September 25 and 28, Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices with effect from Thursday, September 30. Hindalco’s aluminium wire rod price has come in at INR 260,100 per tonne, up by INR 3,500 per tonne from INR 256,600 per tonne. Hindalco’s aluminium billets price has also seen an increase of INR 3,500 per tonne on September 30 to stand at INR 256,100 per tonne. On September 28, the price stood at INR 252,600 per tonne after declining by INR 1,500 per tonne from the previous day. Aluminium ingot price has also been grown by INR 3,500 per tonne from INR 245,500 per tonne to INR 249,000 per tonne Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures...
According to the US Geological Survey (USGS), Mexico imported 9,030 tonnes of aluminium crude metals and alloys from the United States in the month of July 2021, which reflected a month-on-month decrease of 2,470 tonnes or 21.48 per cent. In June 2021, 11,500 tonnes of aluminium crude metals and alloys were exported to Mexico from the US, a growth of 12.75 per cent from 10,200 tonnes in May 2021. On a year-on-year calculation, US aluminium crude metals and alloys exports to Mexico in July 2021 moved up by 2,850 tonnes or by 46.12 per cent from 6,180 tonnes. From January to July 2021, the imported aluminium crude metals and alloys by Mexico surged by 24,900 tonnes or by 54.49 percent on a year-on-year calculation to close at 70,600 tonnes. For the same period last year, the amount imported...
On Tuesday, September 28, the supervisory board of AMAG Austria Metall AG, a supplier of premium aluminium cast and rolled products, announced that they extended the contract with their Chief Sales Officer (CSO) Victor Breguncci. The extension of contract will allow Mr Breguncci to head AMAG's sales agenda for another four years. Together with sales team, he will concentrate on the strategic development of existing and new markets and on optimizing the product portfolio in the market for high-quality aluminium products. Victor Breguncci joined Amag on June 3, 2019. He came with vast years of experience in management positions at major aluminium companies such as Vale, Companhia Brasileira de Aluminio and Constellium. For over two years now, Mr Breguncci is part of the AMAG Executive Board...
According to China customs data, aluminium foil exports into China during August 2021 stood at 115,400 million tonnes, which reflected a month-on-month increase of 19.28 per cent and a year-on-year rise of 14.08 per cent. Top six importers of China’s aluminium foil include the United Arab Emirates, Mexico, India, Japan, Indonesia, and South Korea, each accounting for over 5 per cent of the total. Thailand, being the largest importer, accounted for 10.86 per cent of China’s total aluminium foil exports by sourcing 12,500 tonnes in August. To the European Union, China exported 9,000 tonnes of the product in the said month, which accounted for 7.77 per cent of the total exports. India imported only 6,600 tonnes, accounting for 5.7 per cent of China’s exports. The European Union originally...
Braidy Industries, formerly known as Unity Aluminum, is a Kentucky based aluminum manufacturing company. The company in 2017 promised to build a US$1.7 billion aluminum mill near Ashland, for which, the legislature invested around US$15 million in the company. Craig T. Bouchard, the former CEO and founder of Unity Aluminum promised that the new aluminum mill would be completed by 2020 to produce aluminum sheet for the automotive industry. The mill was also expected to provide 550 well-paid jobs in Ashland. Going by the recent graph, no sign of construction or production can be seen in the area. As a result of which, Kentucky legislature is now demanding back the US$15 million that were invested by the taxpayers for the project in 2017. Unity Aluminum has also failed in meeting their goal...
Hindalco Industries Limited has further lowered its aluminium products and aluminium ingot prices on Tuesday, September 28, in line with back-to-back LME aluminium price fall. With effect from September 28, Hindalco has reduced its aluminium wire rod price by INR 1,500 per tonne to INR 256,600 per tonne. On Saturday, September 25, the company’s aluminium wire rod price stood at INR 258,100 per tonne, down by INR 2,500 per tonne from the previous day. In the latest round of price cut, Hindalco’s aluminium billets price also witnessed a slash of INR 1,500 per tonne to INR 252,600 per tonne. On September 25, the price stood at INR 254,100 per tonne compared to INR 256,600 per tonne on September 24. Hindalco has also cut it aluminium ingot price by INR 1,500 per tonne on September 28 from INR...
The economy of Argentina has a mixed economic system that incorporates a variety of private freedom, blended with centralized economic planning and government regulation. Argentina is a member of the Common Market of the South (Mercosur). The economy of the country will grow at 7.2% in 2021, as stated by an analyst in an Argentine central bank poll published a few days back, an improvement on their forecast last month of 6.8% growth. The nation in the southern half of South America, Argentina imported 5585 tonnes of aluminium structures during 2018-20 and the expenditure occurred for the import accounted for $39.79 million. In 2018, Argentina recorded import of aluminium structures of 1071 tonnes and the expenditure incurred for the import was $7.17 million, whereas, in 2019 the import...
The Central European country, the Czech Republic is counted as a developed country with a high-income economy. Its economy revolves around its employment rate, which the region is resolute on maintaining. With the pressure on public funds, Czech Republic's focus has been on increasing employment levels rather than supporting the working poor. However, despite the dismal epidemic situation and restrictions in numerous areas, the Czech economy recorded only a slight decline in Q1 2021. The nation whose 50% plus exports are automotive parts, Czech Republic exported 3994 tonnes of aluminium tubes and pipes fittings during 2018-20 and the earnings occurred from the export was $28.04 million. In 2018, Czech Republic exported only 533 tonnes of aluminium tubes and fittings and generated revenue...
One of the most prominent incidents we have witnessed in the downstream aluminium sector this week is the aluminium alloy price soar in China. On two consecutive days this week, aluminium alloy (A356) price saw a steep growth of RMB 1000 per tonne and more. After resuming from the Mid-Autumn Festival holiday on September 22, China’s aluminium alloy (A356) price surged by RMB 1,000 per tonne to stand at RMB 26,050 per tonne. On September 23, the price increased higher by RMB 1,250 per tonne to come in at RMB 27,300 per tonne. To know more: https://www.alcircle.com/news/a00-aluminium-ingot-price-increases-by-rmb500-t-aluminium-alloy-a356-price-escalates-by-rmb1250-t-to-exceed-rmb27000-t-70443 Another important event that grabbed our attention this week was the imposition of definitive...
Researchers at Fraunhofer Institute for Solar Energy Systems ISE have evolved an innovative interconnection technology for shingled PV modules. The developed model removes the need for screen-printed busbars and also electrically conductive adhesives. Furthermore, it also enables solder-free aluminium interconnection which is highly cost-effective and an easy solution for the interconnection of separated cells in single solar modules. According to Jan Nekarda, the Head of the Department of Production Technology at the Fraunhofer ISE, “We will show a mini-module made with our technology at our Fraunhofer ISE Booth at the upcoming Intersolar in Munich.” Under the conventional process, electrically conductive adhesives (ECAs) are used for connecting the shingled solar cells. These ECAs are...
According to the Economic Complexity Index, the economy of Hungary is a high-income mixed economy and it ranked as the 9th most complex economy. The country executed multiple reforms such as the privatization of businesses that were once state-owned and initiated to slash funding to social programs as well. Although living conditions were downgrading, Hungary was able to enhance these conditions with its policy implementations and growing exports. One of the most prosperous and best-developed nations in Central and Eastern Europe, Hungary recorded exportation of 8645 tonnes of aluminium tubes and pipes during 2018-20 and the earnings that occurred from the export counted to $35.01 million. Aluminium tubes are majorly used for their lightweight, electrical and thermal conductivity and...
Aluminium billet inventories in China grew further this week ended September 23, 2021, to stand at 157,000 tonnes. According to the Shanghai Metals Market, inventories rose by 8,200 tonnes over the week across the five major Chinese consumption areas. Huzhou and Changzhou were the leading contributors to the growth caused by sluggish demand amid Mid-Autumn Festival Holiday. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Huzhou and Changzhou, aluminium billet inventories grew by 4,000 tonnes and 2,900 tonnes to come in at 15,000 tonnes and 15,900 tonnes, respectively. Inventories in Nanchang gained 1,500 tonnes over the week to settle at 18,500 tonnes, found SMM. In Wuxi and Foshan, on the other hand, aluminium billet...
On 23rd September 2021, Constellium SE, the global manufacturer of aluminium rolled products, extruded products and structural parts based on a large variety of advanced alloys announced that it will supply aluminium structural components for the recently introduced all-electric Ford F-150 Lightning that is expected to be available Spring 2022. Ford’s F-150 Lightning, and all F-Series pickup trucks, extensively use high-strength aluminium alloys. However, Constellium-supplied structural components for the F-150 Lightning comprise the windshield header, rocker, radiator support and others. The metal aluminium is a natural choice for electric vehicles to govern crash energy in certain front, side and rear impacts, and provide intrusion resistance. Presently, plug-in hybrid and full battery...
The US Aluminium Association, the aluminium sector trade group praised the United States Department of Commerce for their final ruling that some importers from Russia as well as four other different countries are dumping some aluminium foils on the American market. On 17 th September 2021, the Commerce Department revealed that aluminium foil experts from Russia, Armenia, Oman, Turkey, and Brazil have been filling up the US market with the below-market products. The commerce department imposed final countervailing and antidumping duties on some aluminium foil exporters. The duties imposed were in the range from 5.82 percent to 63.05 percent. Tom Dobbins, the President and CEO of the Aluminium Association said that the “move was a step in the right direction.” He further added, “Today’s...
Rusal, a leading global aluminium producer, is mastering the production of aluminium cast pipes together with Lipetsk Pipe Company Svobodny Sokol. The quality of pipes is comparable to products made from conventional materials. The casting technology which Rusal uses makes it possible to produce pipes of up to 1 metre diameter and a length of up to 6 metres for the needs of housing and utility services, oil and gas production, as well as fire extinguishing. In the near future, Rusal plans to test its new high-strength alloy for housing and utility services, which will expectedly provide the same mechanical strength characteristics as steel and cast-iron pipes. The weight of aluminium pipes is three times lesser than cast iron analogues, owing to which, they are easy and cost-effective to...
According to the Shanghai Metals Market, Aluminium alloy (A356) price has resumed after the Mid-Autumn Festivals holiday with a surge of RMB 1,000 per tonne to exceed RMB 26,000 per tonne on September 22. As per the data, the price is standing at a new high of RMB 26,050 per tonne, with average prices likely to range between RMB 26,000-26,100 per tonne. On the other hand, aluminium alloys (ADC12) price and aluminium alloy (A380) price have remained restrained at RMB 23,650 per tonne and RMB 24,850 per tonne, respectively. A00 aluminium ingot price has also recorded an increase after the 4-day holiday. According to SMM, primary aluminium ingot price has climbed by RMB 80 per tonne to come in at RMB 22,820 per tonne. The average prices are expected to range between RMB 22,800 per tonne and...
The Finance Minister of Cyprus, Constantinos Petrides in August 2021 stated that the economy is anticipated to grow by more than 5.5% in 2021, as preliminary estimates showed a 12.90% year-on-year growth in the second quarter of the year. The minister further added that the Q2 rate was markedly better than expected, signalling higher full-year growth than forecast. The island nation in the eastern Mediterranean Sea, Cyprus imported 7034 tonnes of aluminium bar rods and profiles during 2018-20 and the expenditure occurred for the import accounted for $23.48 million. In 2018, Cyprus imported 1226 tonnes of aluminium bar rods and profiles and the expenditure counted was $4.31 million, whereas, in 2019, the import saw an enterprising growth of 143.14% and the expenditure also climbed to $9.83...
