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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According to the US Geological Survey (USGS), the United States imported 8,720 tonnes of US aluminium plates, sheets, bars etc from Oman in July 2021, showing a month-on-month increase of 1,100 tonnes or by 14.43 percent. In June 2021, 7,620 tonnes of plates, sheets, bars were imported from Oman,...
Arconic Corporation, an American industrial company specialized in lightweight metals engineering and manufacturing, has reported the third-quarter results of 2021, revealing a 34 per cent hike in sales year-on-year to $1.9 billion. On a quarter-on-quarter basis, it grew by only 5 per cent. Net...
The Foreign Minister of Serbia, Nikola Selakovic stated that Slovak aluminium alloys producer, Heneken has manifested interest in building of a plant in the landlocked country of Central and Southeast Europe, Serbia. Selakovic said: "The Company submitted a letter of intent. Initially, they intend...
On Sunday, Commerce Secretary Gina Raimondo said that the US and the European Union (EU) had achieved an agreement to end a three-year dispute over tariffs on steel and aluminium imports from the region. "We've reached an agreement with the EU which maintains the 232 tariffs but allows limited...
The United States and the European Union have settled to soften tariffs on the multi-billion dollars of aluminium and steel products in an attempt to undertake a trade discourse that has lingered over transatlantic relations since the era of Donald Trump administration. Valdis Dombrovskis, EU trade...
The global aluminium downstream segment has been in the spotlight this week due to a number of events. To begin with, the CEO of AMAG Austria Metall AG, Gerald Mayer cautioned by saying that the primary reason for the aluminium dearth is actually due to the shortage of magnesium supply that...
According to the Shanghai Metals Market (SMM), aluminium billet inventories in China dropped by 18,100 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 163,100 tonnes on Thursday, October 28. The major reason behind the decrease in aluminium billet...
Hindalco Industries Limited again cut its aluminium products prices significantly, with effect from Thursday, October 28. Hindalco’s aluminium wire rod price came in at INR 247,850 per tonne after being plunged by INR 11,000 per tonne or 4.25 per cent from INR 258,850 per tonne on October 27....
Novelis, the world's largest aluminium recycler, announced on Friday that it will spend $375 million in its Zhenjiang facility in China to enhance recycling and manufacture of aluminium products used in the car sector. Metal recycling will be critical in the energy transition, which will entail a...
According to the US Geological Survey (USGS), the United States imported 13,700 tonnes of crude metals and alloys from Argentina in July 2021, displaying a month-on-month ascend of 9,710 tonnes or by 243.35 percent. In June 2021, 3,990 tonnes of aluminium crude metals and alloys were imported from...
The economy of Germany constitutes a mixed economic system that comprises a variety of private freedom, combined with centralized economic planning and government regulation. The economy of Germany stands strong, powerful and largest in Europe due to its exports of high-quality manufactured goods....
On 28 th October 2021, the Indian aluminium producers sent an emergency call to the Prime Minister’s Office (PMO) for resumption of coal supply with immediate effect, stating dearth has shoved the domestic aluminium industry to the verge that might negatively impact some 5,000 MSMEs in the...
According to a recent report, Hydro is opening a new automotive extrusion press at its aluminium manufacturing plant in Suzhou, China, by investing NOK 390 million. The new P60 12-inch press will expand the extrusion capacity at Suzhou, along with the expansion of the plant. The extrusion press...
Aluminium with thickness from 0.008 inches to less than 0.25 inches thick is considered sheet, while thinner aluminium is foil and aluminium 0.250 inches and thicker is known as a plate. However, cold-rolled aluminium material less than 5.00 mm in thickness and under 600 mm in width is termed as...
On Wednesday, October 27, Hindalco Industries Limited has slashed its aluminium products prices, in line with the sixth consecutive day of LME aluminium price fall. The company has reduced its aluminium billets price by INR 6,500 per tonne to INR 258,350 per tonne. On the previous day, the price...
Hindalco Industries Limited has decreased its aluminium products and aluminium ingot prices with effect from Saturday, October 23, bringing its aluminium wire rod price to INR 267,100 per tonne. That was down by INR 5,250 per tonne or 1.93 per cent from INR 272,350 per tonne on October 22....
Swisstek Aluminium Limited, a Sri Lanka-based aluminium product manufacturer, is now part of the national sustainability drive through solar power generation facilities installation at its factory complex to shift to the usage of renewable energy. This initiative is expected to boost the company’s...
The raw material required for the production of metal aluminium is experiencing a dearth, while the price of the green metal has towered to sevenfold in a short span and the consumers will get the heat sooner or later, as stated by Adolf Kerbl, the Managing Director of the Foundry Industry...
