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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The aluminium technology company, Gränges that drives the development of lighter, smarter and more sustainable aluminium products and solutions collaborates with Hydro, the Norwegian aluminium giant to supply low-carbon and circular aluminium offerings to the automotive market. In this new collaboration, Gränges will be sourcing low-carbon primary aluminium from Hydro. Torbjörn Sternsjö, President Gränges Europe, said: “We strive to develop solutions that have a low climate impact and are circular and resource-efficient, and I am therefore very pleased that we are collaborating with Hydro to source their low-carbon REDUXA primary aluminium.” “Increased collaboration in the aluminium value chain is necessary to support the global automotive market’s rapid shift to more sustainable...
Portugal's economic recovery has seen express drive and strong since it started easing its COVID-19 lockdown in mid-March. The economy slumped 7.6% in 2020, and in mid-January Portugal imposed a strict lockdown, its second since the pandemic began, due to the world's worst surge in COVID-19 cases and deaths. The southern European nation, Portugal’s books of import reveals importation of 8416 tonnes of aluminium tubes and pipes during 2018-20 and the expenditure occurred for the import accounted to $24.43 million. In 2018, Portugal’s import of aluminium tubes and pipes was 1934 tonnes and the expenditure remained at $6.30 million, whereas, in 2019, the import drove with express of 68.30%, as the import volume rose to 3255 tonnes and the expenditure also grew to $9.44 million. The export...
The US imports of crude metal and alloys came in at 324,000 tonnes in April 2021, from 338,000 tonnes in April 2020, down 4% year-on-year, according to the latest Mineral Industry Survey report from the US Geological Survey. Imports increased by 5.19% from March 2021’s imports of 308,000 tonnes. The US imported 1.12 million tonnes of crude metal and alloys in the first four months of 2021, as compared to 1.25 million tonnes in the first four months of 2020. This marked a decrease of 10%. On the export side, the US exported 17,700 tonnes of crude metal and alloys in April 2021, from 9,980 tonnes exported in April 2020. That was down 77.35% year-on-year. On a month-on-month basis, the exports dropped 9.23% from 19,500 tonnes. In the first four months of 2021, crude metal and alloys exports...
Novelis plant in Yeongju, Korea, has bagged the ASI Performance Standard certification for recycling, re-melting, and manufacturing of aluminium coil and sheet activities. This news came after Aluminium Stewardship Initiative announced that it successfully certified Novelis Korea Limited plant at Yeongju for responsible production, sourcing, and stewardship of aluminium. The Novelis plant produces flat-rolled aluminium products serving the beverage can, food packaging, construction, and electronics markets across Asia. The plant’s recycling facility is the largest of its kind in Asia with a recycling capacity of 320,000 tonnes of aluminium annually. The ASI Performance Standard defines environmental, social, and governance principles and criteria, intending to address sustainability...
Operating rates across major aluminium processors in China decreased slightly by 0.3 percentage point last week to stand at 73.1 per cent. Decline in orders, particularly in the real estate, transportation, and durable good sectors, with the arrival of traditional off-season contributed to this fall, found SMM. Operating rates at major primary aluminium alloy enterprises dropped to 59.2 per cent as poor car sales, chip shortage and high temperature continued to suppress demand for the metal. However, the China Passenger Car Association (CPCA) has predicted that the impact of chip shortage will reduce in the near future and that the chip shortage will get resolved by September with the release of more production capacity. Operating rates of major aluminium plate and strip enterprises saw a...
On July 2, 2021, Hydro Extrusions signed an agreement to sell 100% of Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group as part of the significant restructuring measures taken to support performance and cash generation in Hydro Extrusions. The sale is expected to close during the third quarter of 2021. Hydro Precision Tubing Lichtervelde, a wholly-owned subsidiary of Hydro, was founded in 1949. It is specialized in the manufacturing of welded tubes for a variety of markets, including Industrial Products and HVAC, having a plant consisted of a cast house, cold rolling mill, and four tube lines, with 185 employees. Aurelius Group is a pan-European investment group, focused on acquiring corporate carve-outs and companies with operational improvement and growth potential, with...
Hindalco Industries Limited further increased its aluminium wire rod and billets prices, although slower than the previous day, with effect from Saturday, July 3. Both aluminium wire rod and aluminium billets prices rose by INR 3,500 per tonne to come in at INR 230,350 per tonne and INR 226,350 per tonne, respectively. On the previous day, June 30, the prices stood at INR 226,850 per tonne and INR 222,850 per tonne, respectively. Hindalco’s aluminium ingot price also saw an increase of INR 3,500 per tonne from INR 215,750 per tonne on June 30 to INR 219,250 per tonne on July 3. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which on July 1 decreased to US$ 2,418 per tonne from US$ 2,523 per tonne on...
The global aluminium industry’s downstream segment went on a lighter note this week. The vital news for the aluminium industry remains, Sanjeev Gupta’s GFG Alliance avoids the collapse of Liberty Aluminium Technologies with a £10 million loan repayment. On the other hand, India’s leading aluminium producer, Vedanta increases it's aluminium products prices by more than 2% w.e.f June 30. While in West Africa the Nigerian pride in aluminium profiles ‘ALEX’ declares the resignation of 3 directors from its board. The steep rise in raw material prices is denting micro, small and medium enterprises (MSMEs) and govt. of India should entail immediately to intervene through policy decisions, said Goa State Industries Association (GSIA). Along with 170 MSME associations across India, GSIA has...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased by 1,400 tonnes from previous week to stand at 111,200 tonnes as of Thursday, 1 July 2021. Aluminium billet outbound volume rose by 12,800 tonnes to 51,100 tonnes last week, an increase of 33.5%. The inventories are expected to drop next week, and the inventories may increase. The chart below indicates the current status of aluminium billet inventories across China in more details: Foshan saw the largest increase volume by 4,200 tonnes, standing at 53,900 tonnes on Thursday, 1 July 2021. Inventories of aluminium billets in Wuxi and Changzhou rose by 2,560 tonnes and 2,300 tonnes from last week to stand at 12,690 tonnes and 10,500 tonnes on Thursday, 1 July 2021. The...
The British industrialist Sanjeev Gupta has made a deal to avoid the collapse of Liberty Aluminium Technologies, the key supplier to Jaguar Land Rover, the car manufacturer. As per our latest information, Gupta's GFG Alliance has repaid around £10 million in loans from Close Brothers to Liberty Aluminium Technologies (LAT), one of its UK subsidiaries. The loan repayment has taken place in the last few days; however, it remains gloomy to know how the repayment amount was secured. The loan repayment will support the short-term future of Liberty Aluminium Technologies and prevent the chances of the company’s collapse. The repayment news was revealed, following Sanjeev Gupta’s announcement that he would not appear before MPs, which was planned next week as part of their inquiry into the...
Constellium has expanded its partnership with Audi to supply advanced aluminium solutions for the Audi e-tron GT. Constellium provides ASI-certified aluminium Auto Body Sheet solutions for closures and inner parts and extrusion-based components for the vehicle’s front and rear Crash Management Systems. “We are very proud to partner with Audi for its battery electric e-tron GT,” said Dieter Hoell, Vice President, Global Automotive for Constellium’s Packaging & Automotive Rolled Products business unit. “With its lightweight and energy absorption properties, aluminium is the ideal material for the growing market of electric vehicles. We have developed an integrated offer and unique solutions, both in rolled and structural automotive products, to provide our customers with high-performance...
Vedanta Limited has increased its aluminium products and aluminium ingot prices by INR 5,500 per tonne or 2.5 per cent with effect from Wednesday, June 30. With the latest rise, Vedanta’s aluminium wire rod price has come in at 222,750-230,250 per tonne compared to INR 217,250-224,750 per tonne on June 28. Vedanta at present is selling its aluminium billet at INR 223,250 per tonne as against INR 217,750 per tonne on Monday, June 28. Vedanta’s aluminium ingot price is standing at INR 215,250-228,250 per tonne as of June 30. On June 28, the company’s aluminium ingot selling price was INR 209,750-222,750 per tonne. Vedanta links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London Metal Exchange, which after June 25 increased by US$ 67.50...
Aluminium alloys prices in China have recorded a plunge today, on June 30, found the Shanghai Metals Market. After remaining restrained for a week, aluminium alloys (ADC12) price and aluminium alloy (A380) price have decreased by RMB 100 per tonne to settle at RMB 18,200 per tonne and RMB 19,200 per tonne, respectively. Their average prices are expected to range between RMB 18,100-18,300 per tonne and RMB 19,100-19,300 per tonne. Aluminium alloy (A356) price has also registered a decline of RMB 100 per tonne to come in at RMB 19,350 per tonne as of June 30, following a restraint for a day. The average prices are likely to range between RMB 19,300-19,400 per tonne. A00 aluminium ingot price has also decreased across the major markets in China, found SMM. As of Wednesday, China’s primary...
The Board of Directors of Aluminium Extrusion Industries Plc (ALEX), the Nigerian pride in aluminium profiles has announced the resignation of three Non-Executive Directors from its Board. Aluminium Extrusion Industries Plc is a leading manufacturing company in Nigeria producing and marketing extruded aluminium products. According to a notification delivered to the Nigerian Exchange Group Limited (NGX) and picked out by Nairametrics, the affected Directors are Jinesh Chandra Dugad, Vivek Goel and Prasanta Kumar Ganguly. The Board meeting that was held on 20th March 2021 in line with statutory procedures deliberated on the requests by the aforementioned Directors to resign from their positions and approval was granted eventually. Subsequently, it is relevant to note that the resignation of...
Hindalco Industries Limited increased its aluminium products prices by INR 4,500 per tonne or 2 per cent with effect from Saturday, June 26. Hindalco’s aluminium wire rod price came in at INR 221,100 per tonne on June 26 compared to INR 216,600 per tonne on June 24. The company’s aluminium billets price grew from INR 212,600 per tonne on June 24 to INR 217,100 per tonne on June 26. Hindalco’s aluminium ingot price also saw an increase of INR 4,500 per tonne from INR 205,500 per tonne to INR 210,000 per tonne as of June 26. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which after June 22 increased by US$ 41 per tonne to stand at US$ 2,904 per tonne as of June 25. On a month-on-month basis, the price...
The steep rise in raw material prices is denting micro, small and medium enterprises (MSMEs) and govt. of India should entail immediately to intervene through policy decisions, said Goa State Industries Association (GSIA). Along with 170 MSME associations across India, GSIA has written to Narendra Modi, the Prime Minister of India, articulating disquiet over the unstable situation that can seed a permanent dent in the Indian MSME sector. The sector bodies have enlightened the government that despite the demand plunge due to lockdown restrictions in multiple states, prices of raw materials, especially aluminium among others are soaring. The associations have joined under the roof of the All India Council of Association of MSMEs (AICA) and have written to the Prime Minister seeking his...
The global aluminium downstream segment observed some important happenings this week, as Sanjeev Gupta’s Liberty Aluminium Technologies seeks more time to track down buyers. In India Midhani’s aluminium alloy plant in Nellore concludes land compensation proceedings, while in the UK, TRA begins a journey with the investigation of Chinese aluminium extrusions anti-dumping case. Vedanta Limited has further reduced its aluminium products prices, although lower than the previous, with effect from Tuesday, June 22. Vedanta has cut its aluminium wire rod price by INR 1,500 per tonne or 0.71 per cent from INR 211,000-218,500 per tonne on June 19 to INR 209,500-217,000 per tonne on June 22. To know more:...
A unique heat-resistant aluminium alloy with improved durability have been produced by developing technology from the scientists of the National University of Science and Technology “MISiS” (NUST MISIS) in cooperation with their colleagues at the Siberian Federal University and the Research and Production Centre of Magnetic Hydrodynamics (Krasnoyarsk). According to the research team: “This new alloy could replace more expensive and heavier copper conductors in aircraft and high-speed rail transport.” The researchers have developed a process for producing a unique heat-resistant, high-strength wire, which is made from an aluminium alloy, initially cast as a long billet, about 10 mm in diameter, in an electromagnetic crystalliser. They succeeded in deriving a thermally stable structure (up...
