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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Commonwealth Rolled Products Inc. will invest more than $167 million in its Lewisport aluminium rolling factory, says Kentucky Governor Andy Beshear. The 2.3 million-square-foot facility, which is now owned by New York-based American Industrial Partners (AIP), contains a large cast house and melt...
The Aluminium Stewardship Initiative has reportedly announced the joining of Speira as ASI’s new Production and Transformation member, bringing the total number of members to 208. Speira is a global aluminium rolling and recycling company, which stands for the circularity of metal production,...
On 20 th December 2021, the Canadian global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries, Exco Technologies Limited, publicized that it has inked a definitive agreement to acquire the extrusion dies business of Halex Holdings GmbH (“Halex ®...
The largest aluminium producer of India, Vedanta’s Aluminium Business has rolled out high-speed billets for the global extrusion industry through a virtual event with associates from the downstream and extrusion industry. The commodity tycoon Anil Agarwal chaired company’s global experts on billet...
According to the US Geological Survey (USGS), the US imported 3,510 tonnes of US aluminium plates, sheets, and bars from South Africa in September 2021, showing a month-on-month descend of 3,780 per tonnes or by 51.85 percent. In August 2021, 7,290 tonnes of US aluminium plates, sheets, and bars...
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices back-to-back on Saturday, December 18. The company grew its aluminium wire rod price by INR 5,000 per tonne or 2.03 per cent from INR 245,850 per tonne on December 17 to INR 250,850 per tonne. Hindalco’s...
Indian scientists have succeeded in developing an environment-friendly process for enhancing the anti-corrosive feature of high-strength aerospace aluminium alloys. The aerospace, automobile and marine sector globally utilizes aluminium alloys as applications precisely for its strength-to-weight...
The downstream segment of the aluminium industry derives its major raw material from the primary sector and is considered the most vital part of the industry. The week witnessed some notable events of acquisition and investment for developments in the downstream segment. The Russian aluminium giant...
On 17 th December 2021, the leading player in the extrusions industry in India, Hindalco Industries Limited inked a definitive agreement to acquire global aluminium giant Hydro’s aluminium extrusions business in India for INR 247 crore. The world’s largest aluminium rolling and recycling company...
The metal aluminium has a density of around one third that of steel or copper, which denotes it as one of the lightest commercially available metals. The resultant of high strength to weight ratio drives it to an important structural material permitting enormous payloads or fuel savings for...
After the two consecutive days of decline, Hindalco Industries’ aluminium products and its aluminium ingot prices have seen a hike with effect from Friday, December 17. The company’s aluminium billets price has witnessed an increase of INR 3,250 per tonne to INR 248,850 per tonne. On the previous...
The Manchester-based asset-based lender, Praetura Commercial Finance has sanctioned an £11.4 million funding package to Evtec Aluminium for the acquisition of Liberty Aluminium Technologies. Praetura Commercial Finance arranged and provided the £11.4 million asset-based lending (ABL) facility...
The chairman of Aluworks PLC, Prof Lade Wosornu stated that the Ghana Revenue Authority’s custom division has stirred to impose an additional duty of 35.77% on cheap aluminium products imported from China, that will empower Aluworks, the aluminium continuous casting and cold rolling mill of Ghana...
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 10,000 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 75,500 tonnes as of Thursday, December 16. Except for Huzhou, where inventory remained unchanged from...
The Aluminium Stewardship Initiative has reportedly certified Alvance Aluminium Dunkerque against the Chain of Custody certification for the production of aluminium rolling slabs and foundry ingots for remelting. The aluminium slabs and ingots produced at the Dunkerque facility are destined for the...
The leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries, AMAG Austria Metall AG is now grabbing the remaining 30% of the German firm Aircraft Philipp (ACP), based in Übersee am Chiemsee following the initial stakeholding in October...
Rusal, the world’s leading aluminium producer, has announced the investment of more than 870 million rubles (US$12 million) in repairing and modernising its plant SKAD for the production of aluminium alloy car wheels. SKAD is Russia’s largest enterprise of producing cast aluminium alloy car disks,...
Nu-Tech Precision Metals Inc. ("Nu-Tech"), a specialised maker of speciality extruded metals, fabricated parts, and welded components, has been bought by Reliance Steel & Aluminum Co. (NYSE:RS). Reliance Steel & Aluminum Co., founded in 1939 and located in Los Angeles, California, is a major global...
