Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
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...
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Jindal Aluminium Limited has completed a Rs 100-crore acquisition of Indo Alusys Industries Limited (IAIL) assets and begun production at the Bhiwadi facility. Along with the assets of IAIL, its manufacturing plant in Bhiwadi, Rajasthan's industrial sector was also purchased. The site, which is...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices, with effect from Wednesday, January 5, 2022, following two consecutive cuts on December 30 and January 1. The company’s aluminium wire rod price has come in at INR 255,850 per tonne, up by INR 1,750 per...
According to China customs data, China exported 114,700 tonnes of aluminium foil in November 2021, which reflected a month-on-month increase of 2 per cent and a year-on-year rise of 13 per cent. Jiangsu, Zhejiang, Shanghai, Henan, Shandong ranked top in November, exporting more than 10,000 tonnes...
Hindalco Industries Limited cut its aluminium billets and aluminium wire rod prices, with effect from Saturday, January 1, 2022. That marked a cut for the second time in a row since December 30. Hindalco’s aluminium billets price came in at INR 257,100 per tonne, down by INR 2,500 per tonne or 1...
The executive body of the Eurasian Economic Union responsible for implementing decisions, upholding the EEU treaties and managing the day-to-day business of the Eurasian Economic Union, Eurasian Economic Commission (EEC) comprising Russia and Kazakhstan initiates an extension of its 0% customs duty...
The week witnessed the end of the year 2021 and also welcomed the New Year 2022 with lots of hope. The downstream segment of the aluminium industry remained still eventful in the last days of the year, as Egyptalum inked a contract with Consulting Engineering Group (CEGMAN) to undertake a...
In October 2021, Japan imported 260,100 tonnes of aluminium, which reflected an increase of 43,600 tonnes or 20.1 per cent from a month ago. On a year-on-year calculation, the imports stood 90,600 tonnes or 53.5 per cent higher, as released by the Japan Aluminium Association data this week....
According to the Shanghai Metals Market, aluminium billet inventories in China surges by 5,700 tonnes week-on-week across five major consumption areas. As a result, the inventories closed at 80,300 tonnes, as of Thursday, December 30. Except for Nanchang, inventories climbed in four main markets...
Hindalco Industries Limited has slashed both of its aluminium wire rod and billets prices, with effect from Thursday, December 30. The company’s aluminium wire rod price has witnessed a cut of INR 3,750 per tonne to stand at 256,600 per tonne, as against INR 260,350 per tonne on December 25....
Aluminium pipe is clarified by its internal diameter (ID) or bore due to its usage for transferring fluid or another medium, while the aluminium round tube is explicated by its outside diameter (OD) because of its structural uses. Aluminium pipe is an extruded product that is extensively used for...
The flagship company of Oman’s mining and mineral processing industry, Minerals Development Oman (MDO) has instituted an alliance with Synergies Casting Oman to acquire a 14.8% stake in the company’s shareholding. In 2017, Synergies Casting Oman was formed as a joint venture between Synergies...
Hindalco Industries Limited grew its aluminium billets and aluminium wire rod prices by INR 1,750 per tonne with effect from Saturday, December 25. The hike brought the company’s aluminium wire rod price to INR 260,350 per tonne as against INR 258,600 per tonne on December 23. Hindalco’s aluminium...
The Indian government took measures to safeguard the domestic producers from cheap imports from the neighbouring country by imposing anti-dumping duties on five Chinese products, including specific aluminium goods among others. Under a discrete notification of the Central Board of Indirect Taxes...
The government of India may ponder slashing import duties on products like aluminium, steel, copper, etc. in the budget to dispense some relief to SMEs that have been heavily impacted by the escalation of input costs, as reported by two industry experts aware of this development. The experts also...
The most vital segment of the global aluminium industry, the downstream division remained highlighted even during the last week and ending days of 2021. The world suffered heavily due to the deadly Covid-19 virus both in 2020 and as well as in 2021. In every corner of the world, the manufacturing...
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 900 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 74,600 tonnes as of Thursday, December 23. Only the inventory in Foshan increased by 4,200 tonnes, or 13.68...
In September 2021, the United States imported 5,480 tonnes of aluminium plates, sheets and bars from Turkey. That remained essentially unchanged month-on-month compared to 5,490 tonnes but significantly up by 321.54 per cent from 1,300 tonnes than a year earlier. In July, the US imported 4,230...
According to China customs data, the country’s aluminium extrusion exports (tariff codes 76041010, 76041090, 76042100, 76042910, 76042990) stood at 88,100 tonnes in November 2021, up by 18 per cent month-on-month and an increase of 5 per cent year-on-year. Of the total exports, the European Union...
