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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According to the Shanghai Metals Market, aluminium billet inventories in China have continued to grow for the third week in a row by 13,100 tonnes or 11.1 per cent on Thursday, August 19. This brings the inventories to 130,630 tonnes from 117,560 tonnes last week, August 12. SMM survey showed aluminium billet arrivals in south China were comparatively ample, while orders at downstream aluminium extrusion companies were not satisfactory. Besides, aluminium price surge to a 13-year high suppressed consumers buying interest. The chart below indicates the current status of aluminium billet inventories across China in more details: Among all the major Chinese cities, Foshan has seen the highest growth in inventories by 11,000 tonnes to 64,500 tonnes. In Wuxi, aluminium billet stocks have grown...
Hindalco Industries Limited has raised its aluminium products price by more than 1%. With effect from Wednesday, 18 August 2021, aluminium billets and wire rods prices have come in at INR 234,100 per tonne and INR 238,100 per tonne. This is up by INR 2,500 per tonne from INR 231,600 per tonne and INR 235,600 per tonne on August 13. Aluminium ingots price stands at INR 227,000 per tonne on Wednesday, 18 August 2021, which indicates a hike of INR 2,500 per tonne or 1.11% from INR 224,500 per tonne on August 13.. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price stood at US$ 2633 per tonne on August 17 from US$ 2644 per tonne on August 16. Aluminium operations of the company, excluding...
Operating rate at China’s large aluminium processing enterprises dropped 0.6 percentage point last week ended August 13, attributing mainly to production and transportation disruptions caused by spreading pandemic and power consumption restrictions. Besides, high aluminium prices affected production and orders at processing enterprises. Operating rate at large aluminium plate and strip enterprises fell to 75.4 per cent as producers in Henan were operating at just half of their capacity or closed completely due to severe power shortage. Many producers in Yunnan and Guangxi were also affected by electricity consumption curb and operated at less than half of their capacity. Operating rate at large aluminium wire and cable companies dropped slightly, while on the other hand, large primary...
According to the US Census Bureau data, the United States exported 22,000 tonnes of aluminium plates, sheets and bars to Mexico in May 2021. That was a decrease of 1,900 tonnes or 7.95 per cent from 23,900 tonnes in April. The aluminium plates, sheets and bars exports from the United States to Mexico also decreased in April by 2,600 tonnes or 9.81 per cent from 26,500 tonnes in March. However, on a year-on-year calculation, the United States aluminium plates, sheets and bars exports to Mexico in May 2021 stood up by 59.42 per cent or 8,200 tonnes from 13,800 tonnes. In the first five months of the year, the export volume of aluminium flat rolled products from the US to Mexico totalled 118,000 tonnes, up 9,000 tonnes or 8.26 per cent from 109,000 tonnes during the same period last year....
Arconic, a leading provider of aluminium sheet, plate and extruded product, will expand its Blount County manufacturing operations with more than $100 million investment in Tennessee. The expansion will meet the rising demand for industrial products and can sheet. This will bring 200 new jobs to its Alcoa facility. The investment will support recently announced expanded capacity for manufacturing industrial and can sheet. “This expansion enables Arconic to help meet the strong customer demand for industrial products and can sheet. As consumers are moving away from plastics for more sustainable products, infinitely recyclable aluminum is the perfect solution. We appreciate the state’s continued support which enables us to create more jobs and advance economic growth in Tennessee, where...
In 1971, the Gulf region's first Aluminum ingot was manufactured at Aluminum Bahrain, hallmarked the inception of industrial diversification that was both courageous and enterprising. Presently, the Gulf region is the hub of some of the largest, ultra-modern, and environmentally friendly aluminium production facilities. However, these primary aluminium producers have built avenues to many downstream industries and a variety of sophisticated ancillary businesses, who accordingly contribute to the region's economic prosperity and strength. The top three aluminium rolling companies in the Gulf region are: MA’ADEN ROLLING GARMCO OARC MA’ADEN ROLLING – SAUDI ARABIA Ma’aden Rolling Company (MRC) is 100% owned by Ma’aden with a production capacity of 460,000 tonnes annually. At present, it...
Vedanta Limited has increased its aluminium products prices for the third time in a row since last Wednesday, August 11. With effect from August 18, the company’s aluminium wire rod price has come in at INR 235,000-242,500 per tonne, up by INR 2,500 per tonne from INR 232,500-240,000 per tonne on August 13 and by INR 4,000 per tonne from INR 231,000-238,500 per tonne on August 11. Vedanta is selling its aluminium billets price at INR 235,500 per tonne with effect from August 18 compared to INR 233,000 per tonne on August 13 and INR 231,500 per tonne on August 11. Vedanta’s aluminium ingot price has also seen a rise of INR 2,500 per tonne and is currently ranging between INR 227,500-240,500 per tonne as of August 18. On August 13, the price was at INR 225,000-238,000 per tonne. Vedanta...
The largest distributor of aluminium extrusion in Indonesia, HK Metals Utama’s revealed that its aluminium sales have grown significantly, amid the Covid-19 pandemic. The 2020 financial statement of the company reflects that throughout the year the aluminium sales surged to Rp 264.11 billion when compared to the previous year's Rp 225.86 billion. Concurrently, until Q1 2021, aluminium sales were still the largest contributor to the Company's revenue of Rp 67.95 billion, however, it decreased to Rp 91.44 billion, when compared to the same period last year. On 16 th August 2021, Jodi Pujiyono, Director and Corporate Secretary of HKMU said: “The (pandemic) still has an impact, but we can consider that aluminium is a sector that is resilient to COVID-19.” He further added: “This was also...
Alumobility, a global ecosystem of leading aluminium and downstream technology partners that support automotive manufacturers in creating lighter, safer, smarter and more sustainable vehicles, has announced that it has welcomed ARO, Atlas Copco and Sika as new members. They are the experts in joining techniques for aluminium and other metals and will contribute knowledge about aluminium auto body sheet components assembly such as closures, body structures and battery enclosures. The launch of Alumobility by founding members Constellium and Novelis dates back to January 2021. The non-profit organisation conducts technical studies to help automakers utilise aluminium auto body sheet for manufacturing lighter and more efficient vehicles in the future. This autumn, Alumobility will launch a...
Indonesia countered one of the world's worst coronavirus outbreaks due to the expeditious spread of the Delta variant, reporting around 1,000 deaths from the deadly virus each day in July 2021. Bank Indonesia, the central bank of the country held its key interest rate at a record low to cushion the economy amid a growing COVID-19 crisis. Indonesia, a country that majorly exports crude petroleum and natural gas has imported 11,758 tonnes of aluminium tubes and pipes and the expenditure occurred for the import was accounted for $43.59 million. In 2019, the import of aluminium tubes and pipes in Indonesia was recorded at 5530 tonnes and the foreign currency expended on the import counted to $22.22 million, whereas, in 2020 the import exhibited a surge by 12.62%, as the import volume...
The US imports of crude metal and alloys stood at 313,000 tonnes in May 2021, from 316,000 tonnes in May 2020, a drop 0.95% year-on-year, according to the latest Mineral Industry Survey report from the US Geological Survey. Imports reduced by 3.4% from April’s 2021’s imports of 324,000 tonnes. The US imported 1.44 million tonnes of crude metal and alloys in the first five months of 2021, as compared to 1.57 million tonnes in the first five months of 2020. This marked a decrease of 8.28%. On the export side, the US exported 16,100 tonnes of crude metal and alloys in May 2021. Crude metals exports were 9,060 tonnes exported in May 2020, a growth of 77.7% year-on-year. On a month-on-month basis, the exports dropped 9% from 17,700 tonnes. In the first five months of 2021, crude metal and...
Aluminium Stewardship Initiative has certified Emirates Global Aluminium (EGA) against the Performance Standard Certification for aluminium smelter and casthouse operations and other associated facilities at Jebel Ali plant in the UAE. Having an annual production capacity of more than one million tonnes of aluminium, the facility produces aluminium products in three main categories: high purity and foundry re-melt products, and billets for extrusion and forging. The aluminium products produced at Jebel Ali operations are destined for several downstream uses in the electronics, aerospace, automotive, packaging, lithographic sheets, construction, and transportation sectors. The ASI Performance Standard defines environmental, social and governance principles and criteria, with the aim to...
Aluminium Stewardship Initiative has reportedly certified Yunnan Yongshun Aluminium Co., Ltd. against the ASI Chain of Custody Standard Certification for its smelting, casting and sawing activities for the production of aluminium alloy flat ingots. Yunnan Yongshun Aluminium Co., Ltd., a joint venture between ASI Members Yunnan YunLv Yongxin Aluminium Co., Ltd. of Yunnan Aluminium Group and Xiamen Xiashun Aluminium Foil Co., Ltd., bagged the ASI Performance Standard Certification earlier in January 2021. The annual production capacity at the facility is 150,000 tonnes of mid-to-high-end aluminium alloy flat ingot. The ASI CoC Standard sets out requirements for the creation of a Chain of Custody for material that is produced and processed through the value chain into diverse downstream...
The aluminium downstream segment is considered as the major player of the global aluminium industry, however, this week it remained modest from the other segments of the value chain eventually. The Aditya Birla Group-owned Novelis Inc. declared the conclusion of its $150 million investment to enlarge both rolling and recycling capacity at its Pindamonhangaba plant in Brazil by 100 kilotonnes each. On the other part of the world, in Germany, AWB Aluminiumwerk Berlin GmbH joined as ASI’s 185th Production and Transformation member. Vedanta Limited has sharply reduced its aluminium product prices with effect from Tuesday, August 10, in tandem with the plunge in LME aluminium benchmark price on August 9. Vedanta’s aluminium wire rod price has seen a cut of INR 5,500 per tonne or 2.30 per cent...
The Irish research body “Economic and Social Research Institute” (ESRI) that produces independent, high-quality research to inform policies that support a healthy economy and promote social progress, stated that the Irish economy will recoil adequately this year growing by 11% on the back of stronger exports and a resurgence in consumer spending and investment linked to the easing of restrictions. The island in the North Atlantic, Ireland recorded 35,173 tonnes of aluminium structures during 2018-20 and the expenditure occurred for the import of the metal structures accounted for $148.75 million. In 2018, the nation recorded 15,001 tonnes of aluminium structures and the expenditure occurred for the import was $28.96 million, whereas, in 2019, the import unfolded a significant downfall by...
According to the Shanghai Metals Market, aluminium billet inventories in China increased by 14,400 tonnes on Thursday, August 12, across the five major consumption areas, as was estimated in the previous week. SMM data found the inventories stood at 117,600 tonnes this week compared to 103,200 tonnes on August 5. The increase in inventories could be attributed to the shrink in outbound quantity of aluminium billet by 4,900 tonnes or 10.6 per cent to 41,200 tonnes, as downstream purchase was quiet amid the surging aluminium prices. The chart below indicates the current status of aluminium billet inventories across China in more details: In Foshan, aluminium billet inventories grew 7,500 tonnes this week to come in at 53,500 tonnes, followed by an increase of 3,080 tonnes in Wuxi to stand...
On 12 th August 2021, the world leader in aluminium rolling and recycling, Novelis Inc. announced the completion of its $150 million investment to enlarge both rolling and recycling capacity at its Pindamonhangaba plant in Brazil by 100 kilotonnes each. The annual production capacity at this rolling and recycling complex stands as the largest in South America and is expected to further increase to approximately 680 kilotonnes for aluminium sheets and 490 kilotonnes for recycling. The auxiliary recycling capacity is the fresh step in support of the company's ambitious sustainability goals to reduce its carbon footprint by 30% by 2026 and to be net carbon neutral by 2050. Steve Fisher, President and Chief Executive Officer, Novelis Inc., said: "Recycling and increasing the use of recycled...
Shanghai Metals Market found that aluminium wire and cable sector’s operating rate stood at 41.12 per cent in July 2021, reflecting a drop of 0.2 percentage point from June. But on a year-on-year calculation, it edged 0.4 percentage point higher. The month-on-month decrease in operating rate in July could be attributed to the high aluminium price and temperature. The SMM average monthly spot aluminium price in east China stood at RMB 19,023 per tonne, up by RMB 414 per tonne from June. Also, power consumption restrictions imposed by the State Grid on aluminium producers led to a decline in operating rate. Large companies reported higher production and growing news orders by leveraging on their financial strength, but smaller companies performed poorly due to losses arising from rising raw...
