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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Aluminium foil deliveries from Europe slowed down in Q3 2021 compared to Q2, but remained ahead of the same period last year, according to data revealed by the European Aluminium Foil Association (EAFA). In Q3 2021, total deliveries stood at 236,500 tonnes, up 1.2 per cent year-on-year. In the...
Hindalco Industries has once again bagged the title of world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 2021. In the 2021 edition of the S&P Dow Jones Sustainability Indices (DJSI) corporate sustainability assessment (CSA) rankings, Hindalco was ranked first in the...
According to the US Geological Survey (USGS), the United States exported 7,820 tonnes of US aluminium crude metals and alloys to Mexico in August 2021, displaying a month-on-month decrease of 1210 tonnes or by 13.39 percent. In July 2021, 9,030 tonnes of aluminium crude metals and alloys were...
According to the report shared by the Shanghai Metals Market, energy supply constraints due to soaring prices have pushed the United States' aluminium prices to record highs and also led to the shortages of key raw materials such as magnesium and silicon, exacerbating the tight supply situation of...
The global leader in aluminium production, RUSAL in association with Kamensk-Uralsky Metallurgical Works J.S.Co (KUMZ), one of the largest downstream companies in Russia has successfully debuted the production of various rolled and pressed semi-finished products from an aluminium-magnesium-scandium...
The Indian multinational aluminium and copper manufacturing company, Hindalco Industries formulates to repay INR 6,000-crore debt from next June to pull down its debt further. The metal company has narrowed its net debt to INR 66,831 crore as of September end against INR 78,266 crore documented in...
According to the US Geological Survey (USGS), the United States imported 219,000 tonnes of US aluminium crude metals and alloys from Canada in August 2021, showing a month-on-month ascend of 6000 tonnes or by 2.81 percent. In July 2021, 213,000 tonnes of aluminium crude metals and alloys were...
The Hamburg based high-performance aluminium alloys producer to supply the entire world of 3D printing, Fehrmann ALLOYS has appointed Jan-Peter Derrer, as the new Head of Sales. He is an industry renowned expert in 3D printing systems for the sale of new metal alloys. At the beginning of October...
On 12 th November 2021, the United States stated that it had initiated dialogue with Japan focused on diminishing US tariffs on metal imports like aluminium and steel, which were imposed under former President Donald Trump, following Washington attainted a deal on the same metal tariff issue with...
The subsidiary of Aditya Birla Group, Hindalco Industries revealed an upsurge of 783% in consolidated net profit to INR 3,417 crore in Q2 FY22 from INR 387 crore in Q2 FY21. Hindalco’s consolidated revenue for Q2 stood at INR 47,665 crore as against INR 31,237 crore in the same phase last year,...
The financial capital of India, Mumbai’s bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) granted relief to Tata Motors by ruling non-imposing of excise duty on the development of aluminium dross and skimming during the production of aluminium castings/parts of motor...
The global aluminium downstream industry remained muted this week, except a few important updates. On Monday, November 8, Aluminium Stewardship Initiative announced that it successfully certified Aluflexpack, one of the leading international manufacturers of outstanding flexible packaging, against...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices on Friday, November 12, following a cut on the previous day. The company’s aluminium billets price has come in at INR 241,100 per tonne on November 12, up by INR 8,250 per tonne or 3.54 per cent from the...
The European metal producer, Aleastur has instituted the Gulf region’s first facility for aluminium grain refiners and master alloys production at its new Middle-East based in Bahrain. The brand new $15 million facility at the hub of the Gulf region will deliver speciality alloys to global markets,...
As we persist to explore the requirements of the growing world market for complex aluminium castings, AlCircle is purposive to come up with the 1 st edition of its e-Magazine on “Global Aluminium Foundry: Challenges and Opportunities ahead in 2022”. A foundry is a facility that produces metal...
Aluminium billet inventories in China have decreased for the fourth straight week by 26,100 tonnes or 18.87 per cent across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories have come in at 112,200 tonnes as of Thursday, November 11, primarily contributed...
After a sharp cut on November 9, Hindalco Industries Limited increased its aluminium products prices by INR 3,500 per tonne, with effect from November 10. Thus, the company is now selling its aluminium wire rod price at INR 234,850 per tonne versus INR 231,350 per tonne on November 9. Hindalco’s...
India’s first and only red-carpet ceremony for the country’s discrete manufacturing industry, the Machinist Super Shopfloor Awards, in its seventh edition, presented the Vice Chairman and Managing Director of Jindal Aluminium Limited, Mr Pragun Khaitan with ‘The Machinist Next Generation Leader...
