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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The temple of technical learning in Karnataka, the National Institute of Engineering (NIE), Mysuru, has signed a Memorandum of Understanding (MoU) lately with aluminium extrusion product specialist Bhoruka Extrusions Private Limited (BEPL), Mysuru. The Mysuru, Karnataka based speciality aluminium...
Hindalco Industries Limited has sharply cut its aluminium products prices, with effect from Tuesday, November 9, following the last hike on November 4. Hindalco’s aluminium billets price has witnessed a slash of INR 15,500 per tonne or 6.29 per cent to INR 230,850 per tonne. On November 4, the...
On 8 th November 2021, the Paris prosecutor's office stated that the French prosecutors are investigating distressed metal magnate Sanjeev Gupta's GFG Alliance, broadening an in-process investigation for a state-backed loan of €18 million to one of its facilities in France. The comprehensive French...
The Aluminium Stewardship Initiative has certified Aluflexpack, one of the leading international manufacturers of outstanding flexible packaging, against both the Performance Standard Certification and Chain of Custody Standard Certification. Aluflexpack Novi d.o.o. production plant in Drniš,...
Aluminium is considered a remarkable metal for its low density and its features to resist corrosion through the passivation process. Aluminium tubing widens from consumer items, recreational merchandise and machine parts and automotive and manufacturing across an extensive range of industrial...
The downstream segment of the aluminium sector is considered the most vital player due to the delivery of its multifaceted products, while the week has remained highlighted due to several reasons. The quarterly and half-yearly reports are gradually getting published, as Novelis, the world-leading...
The producer and supplier of quality aluminium profiles Bangladesh Thai Aluminium Limited, which was impacted heavily due to the Covid-19 crisis in the previous year, have excelled in the pre-pandemic position in regards to the making of profit. The supplier of fabricated aluminium in Bangladesh,...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices after continuous cuts since October 21, 2021. With effect from November 4, Hindalco’s aluminium wire rod price has witnessed a rise of INR 1,500 per tonne to INR 246,850 per tonne. On November 3, the price...
According to the US Geological Survey (USGS), the United States imported 4,770 tonnes of US aluminium plates, sheets, bars, from Japan in July 2021, flaunting a month-on-month decrease of 210 tonnes or by 4.21 percent. In June 2021, 4,980 tonnes of plates, sheets, bars were imported from Japan,...
The voice of the aluminium industry in Europe, European Aluminium affirms that the tariff-rate quotas, which will replace the existing 10% tariff on EU aluminium products under Section 232, will result in even more trade distortions. The association notifies it will create additional market...
Power restrictions in China has “dramatically reduced” magnesium shipments to Europe, raising concerns that a scarcity of aluminium for packaging may result. The comments were made on November 3, during a non-ferrous metals panel discussion at the Bureau of International Recycling's (BIR)...
The Green Building Council of Sri Lanka (GBCSL) has awarded Alumex PLC the Eco-Label under the GREEN Labelling System for its full aluminium extrusion range, in recognition of sustainable production. Alumex PLC, a Hayleys Group Company, has been selected by the GBCSL as a strong example of...
On 4 th October 2021, the Japanese Ministry of Economy, Trade and Industry stated that Minister Koichi Hagiuda has urged the United States to eliminate extra tariffs on aluminium and steel products imports from Japan in a meeting with Washington's trade representative. The Ministry said: “On a...
According to the Shanghai Metals Market (SMM), aluminium billet inventories in China descended by 24,500 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 138,300 tonnes on Thursday, November 4. The major reason behind the decline in aluminium billet...
The aluminium flat-rolled products are generally made by rolling thick aluminium between rolls that reduce the thickness and lengthen it through hot and cold rolling processes. However, flat-rolled aluminium products are widely used in several applications including household utensils, packages,...
Novelis Inc., the world leader in aluminum rolling and recycling, announced the second quarter results of FY2021-22 on Wednesday, November 3, revealing net income of $237 million compared to a net loss of $37 million in Q2 FY2021. Net income from continuing operations stood at $239 million versus...
On Wednesday, November 3, Century Aluminum Company declared that its wholly-owned subsidiary, Norðurál Grundartangi ehf (“Norðurál”), started off the construction of a new low-carbon billet casthouse at Grundartangi, Iceland smelter. The new value-added casthouse will have a capacity of 150,000...
On 2 nd November 2021, the Croatian parasol manufacturer VIS Promotex stated that it has taken over aluminium foundry Lipovica, with a focus to increase sales and exports. The Varazdin-based VIS Promotex said in a statement said: “Following a public tender called by the government's centre for...
