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 US Census Bureau data, the United States imported 6,220 tonnes of aluminium plates, sheets and bars from Oman in April 2021. That was a decrease of 4,220 tonnes or 40.42 per cent month-on-month, following a hike in March from 5,780 tonnes in February to 10,400 tonnes. On a year-on-year calculation, the United States aluminium plates, sheets and bars imports from Oman in April 2021, however, stood almost flat compared to 6,500 tonnes. In the first four months of 2021, the United Sates aluminium flat rolled product imports from Oman totalled 26,600 tonnes, up 5,800 tonnes or 27.88 per cent from 20,800 tonnes during the same period last year. The United States total imports of aluminium plates, sheets and bars amounted to 109,000 tonnes in April 2021, down by 9.92 per cent...
The latest Regional Economic Prospects report published by the European Bank for Reconstruction and Development (EBRD) on 29 th June 2021 stated that Ukraine’s economy is set to return to growth in 2021. The Bank forecasts the country’s gross domestic product (GDP) to increase 3.5% on the year in both 2021 and 2022. The major risks to its forecasts are the country’s slow movement on reform and vaccination. A decline in foreign demand, combined with the impact of repeated lockdowns on domestic demand, caused GDP to decline by 4% in 2020. The eastern European nation, Ukraine imported 2347 tonnes of aluminium tubes and pipes during 2018-20 and the expenditure occurred for the import was $10.14 million. Ukraine’s import of aluminium tubes and pipes in 2018 was recorded at 458 tonnes and the...
Logan Aluminum, which manufactures aluminium can sheet products in North America, has joined ASI as a new Production & Transformation member, bringing the total number of ASI Members to 182. Logan Aluminum’s aluminium rolling mill is located in Russellville, Logan County, Kentucky. The company supplies its products more than 45% of the North American can market and produces over 2 billion pounds of aluminium annually. “As a major supplier of rolled aluminum materials, we recognize the need to continually pursue a more sustainable future. The Aluminum Stewardship Initiative provides thought leadership and fosters collaborative relationships that endeavor to improve the communities in which live and society as a whole.”said Mark Pendley, Environmental Team Leader. The Aluminium Stewardship...
Hindalco Industries Limited, a subsidiary of the Aditya Birla Group is projecting to inject around INR 8,000-10,000 crore at Hirakud, Silvassa, and Mundra facilities in India. Hindalco stated in its annual report 2020-21: “The group proposes to invest towards the expansion of flat rolling capacity at Hirakud, Odisha, new extrusion plant at Silvassa in Dadra and Nagar Haveli, and in a Greenfield site at Mundra in Gujarat with a recycling facility.” “The company is planning to expand its aluminium downstream business with a focus on value-added products (VAP) over the next three-seven years and the products would cater to customised requirements for varied and complex applications of aluminium.” Hindalco’s Hirakud flat-rolled products facility is estimated to have a capacity of 3,40,000...
Global aluminium downstream market offered us a myriad of news this week right from some of the eminent companies’ financial reports to investment update. To start with, Kaiser Aluminum Corporation reported net sales of $741 million for the second quarter 2021 compared to $276 million in the prior year period, reflecting a 184% increase in shipments and a 5% decrease in average selling price per pound. Adjusted EBITDA stood at $59 million, up $24 million year-on-year. The company’s value added revenue increased by 82 per cent to $318 million from $175 million. To know more: https://www.alcircle.com/news/kaiser-aluminums-adjusted-ebitda-up-by-24-million-in-the-second-quarter-of-2021-68924 Constellium published in its second quarter report that shipments stood at 406 thousand tonnes, an...
The Gulf region is gradually trending towards aluminium production and the metal aluminium is driving to become the largest manufacturing sector outside Gulf’s traditional oil and gas business. The GCC countries are home to 6 aluminium smelters, which are counted as the biggest, most modern, and environmentally friendly Aluminum production facilities. Now, we put a detailed study of aluminium extrusion companies in the Gulf region: Gulf Extrusion Company LLC – Dubai, UAE Gulf Extrusions Company is a leading aluminium extrusion company and a member of the Al Ghurair Group of companies. The company is strategically located in Dubai alongside its main supplier, Dubai Aluminium, and the foremost gateway to the world. Gulf Extrusions’ six presses and highly skilled workforce can produce 65,000...
Vedanta Limited has continued to expand its aluminium ingot and aluminium product prices in line with the steady growth in the LME aluminium benchmark price. With effect from Friday, July 30, Vedanta's aluminium wire rod price has come in at INR 229,000-236,500 per tonne, up by INR 3,000 per tonne from INR 226,000-233,500 per tonne on July 29. Vedanta’s aluminium billet price has also witnessed a hike of INR 3,000 per tonne from INR 226,500 per tonne on July 29 to INR 229,500 per tonne on July 30. As of today, Vedanta is selling its aluminium ingot at INR 221,500-234,500 per tonne compared to INR 218,500-231,500 per tonne on the previous day. Vedanta limited links its aluminium ingot and aluminium product prices to the three-month futures of aluminium on the London Metal Exchange, which...
Hindalco Industries Limited has continued to hike its aluminium products price. With effect from Thursday, 29 July 2021, aluminium billets and wire rods prices stand at INR 225,100 per tonne and INR 229,100 per tonne. That marked a growth of INR 2,000 per tonne from INR 223,100 per tonne and INR 227,100 per tonne on July 24. Aluminium ingots price has come in at INR 218,000 per tonne on Thursday, 29 July 2021, from INR 216,000 per tonne on July 24, marking a hike of INR 2,000 per tonne. 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$ 2516 per tonne on July 28 from US$ 2497.5 per tonne on July 27. Aluminium operations of the company, excluding those of its US arm Novelis...
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector pursued to benefit from the positive market environment after an enterprising start to the first quarter of 2021. The Meta Division is flying remarkably high especially due to attractive aluminium prices and premiums. The demand for aluminium rolled products and recycled cast alloys developed positively, as expected, demand from the aircraft industry remained dull in the reporting period. Gerald Mayer, CEO of AMAG Austria Metall AG, said: “We were well equipped for the rapid market recovery, which enabled us to take advantage of the positive economic environment. Due to the attractive price situation in the Metal Division and a gratifying trend in shipments at the Ranshofen site, we not only exceeded the...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped by 20,600 tonnes from the previous week to 99,000 tonnes on Thursday, July 29, 2021. China’s aluminium billet outbound volume rose 6,700 tonnes to 53,200 tonnes last week. The chart below indicates the current status of aluminium billet inventories across China in more details: Stocks in all five major consumption areas fell on Thursday. Inventories of aluminium billets in Foshan, Wuxi and Changzhou reduced by 4,400 tonnes, 2,760 tonnes and 4,600 tonnes from last week to stand at 47,900 tonnes, 16,410 tonnes and 9,400 tonnes on Thursday, 29 July 2021. The stocks of billets in Huzhou fell significantly by 5,000 tones, standing at 7,000 tonnes from 12,000 tonnes on 22...
A team of Indian researchers have lately developed a Nano-structured self-cleaning sustainable aluminium surface by using a simple and environment-friendly fabrication process. It could have several applications ranging from biomedical to aerospace and automobiles to household appliances, while the process is simply adaptable to industrial-level production. As aluminium is a light-weight metal and it has multiple industrial applications for which it can be easily cast, machined and shaped. However, atmospheric degradation due to the accumulation of contaminants and humidity crucially restricts its performance and sustainability. Moreover, the leaching of aluminium also gives rise to environmental and health-related issues. To vanquish these complications, researchers from Shiv Nadar...
Hydro has decided to install a state-of-the-art 3,000-ton 12” indirect aluminium extrusion press line at its Cressona facility, Pennsylvania. The installation involves $48.3 million investment to meet North America’s growing transportation, distribution, and industrial market segments. The company expects the aluminium extrusion press line to be operational by late 2023. “We are very excited about the decision to continue investing in new assets at Cressona, and I am certain that our history of delivering strong results on past investments was a key factor,” said Mike Hammer, Senior Director of Operations for Hydro’s Cressona and North Liberty facilities. “This new press will create a strong foundation as we drive our manufacturing process to the next level in Cressona.” The modernization...
Constellium published results for the second quarter ended June 30, 2021. In Q2, shipments stood at 406 thousand tons, an increase of 31% year-on-year due to higher shipments in each of our segments. Revenue increased 47% to €1.5 billion due to higher shipments and higher metal prices. Net income was €108 million compared to a net loss of €32 million. Adjusted EBITDA came in at €170 million, an increase of 110% year due to stronger results in each of our segments. Jean-Marc Germain, Constellium’s Chief Executive Officer said, “Constellium delivered record Adjusted EBITDA and solid Free Cash Flow generation in the second quarter. Each of our segments contributed to this success with record Adjusted EBITDA in P&ARP and AS&I. P&ARP delivered strong all-around performance amid very strong can...
Vedanta Limited has further increased its aluminium ingot and aluminium products prices, although lower than the previous day, with effect from Thursday, July 29. This marks a growth for the second consecutive time since July 24, bringing Vedanta’s aluminium ingot price to INR 218,500-231,500 per tonne. The price is thus up by INR 1,750 per tonne or 0.81 per cent from INR 216,750-229,750 per tonne. Vedanta’s aluminium wire rod price has also seen a rise of INR 1,750 per tonne from INR 224,250-231,750 per tonne on July 24 to INR 226,000-233,500 per tonne on July 29. Vedanta’s aluminium billet price has come in at INR 226,500 per tonne compared to INR 224,750 per tonne last week. Vedanta limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium...
The metal baron Sanjeev Gupta owned GFG Alliance’s Chief Investment Officer and also one of the most loyal lieutenants is quitting the group following falling out with his boss over the sale of its aluminium assets. A scion of a Danish merchant banking family, Jay Hambro, whose connections supported untroubled growth and rapid acquisition of Gupta’s splurge over the past five years, is on “gardening leave” and no longer taking an active role at the group, as confirmed by an industry professional very much familiar with the matter. The informing person forewarned that Hambro had not yet backed out himself from GFG, but it is implausible that he would remain there in the long term. Hambro, the former banker is recognized to have fallen out with Sanjeev Gupta over the sale of, GFG’s French...
Major aluminium processors in China faced a downfall in operating rates last week by 4.3 percentage points to 66.5 per cent. In Henan, operating rates slumped 24.6 percentage points to 41 per cent, the sharpest decline among all regions, as local enterprises were forced to reduce or suspend production due to the worst flood ever. In Guangdong and Shandong, operating rates dropped slightly. Operating rates at large primary aluminium alloy enterprises remained stable, underpinned by rigid demand. But shortages of automotive chips, poor automobile consumption, and summer break at car makers have continued to constrain orders at primary aluminium alloy producers. Operating rates at large aluminium plate/sheet and strip companies decreased to 57.2 per cent as many of the companies in our...
Hydro Extrusions has decided to spend EUR 45 million in the Nenzing aluminium extrusion plant in Europe. The company will increase production capacity by 30% to meet the growing demand of aluminium extrusions in the region. The aluminium plant will add a fourth extrusion line and expand mechanical processing capabilities. The new line will be operational during spring 2023. "Adding a fourth extrusion line to the plant will make us one of the most modern extrusion facilities in Europe and increase our capacity by 30%," sayid Managing Director Manfred Rotschne in Nenzing. "The high level of innovation in Nenzing and our demonstrated low carbon footprint, will allow us to serve new and existing customers with a broader portfolio of sustainable and innovative solutions.”. A new and fully...
The Aluminium Stewardship Initiative has successfully welcomed GUANGZHOU KINGKEE METAL MANUFACTURE CO., LTD as a Production & Transformation member, bringing the total number of members to 180. GUANGZHOU KINGKEE METAL MANUFACTURE CO., LTD is deeply engaged in the aluminium industry for more than 20 years. It is committed to the integration of solutions for new metal materials such as high-end aluminium strips. Focusing on the challenges and high demands of customers, GUANGZHOU KINGKEE METAL provides competitive solutions and services for metal products such as high-end aluminium strips, and continues to create maximum value for customers. Alex Chu, Director of GUANGZHOU KINGKEE METAL MANUFACTURE CO., LTD, said: “Aluminum suppliers around the world are using the ASI Standard to make good...
