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 prolonged efforts of Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and the revenue authorities have at last brought the conclusion to land compensation issues that had delayed the proposed aluminium alloy plant of Midhani in association with Nalco, which is spread over 110 acres in Bodduvaripalem near Nellore in the state of Andhra Pradesh, India. Furthermore, it is the first defence manufacturing unit of Mishra Dhatu Nigam (Midhani) outside of Hyderabad and the organisation has planned to invest INR 2,000 crore in the production unit, which has the huge potentiality to create employment. The government holds 57.14 acres of land, while the remaining belonged to the Cooperative Joint Farming Society (CJFS). In 1980, this land was allotted to the poor landless people with...
Vedanta Limited increased its aluminium ingot and aluminium products prices for the second day in a row with effect from Thursday, June 24. The company raised its aluminium wire rod price by INR 1,750 per tonne to INR 212,750-220,250 per tonne on June 24, followed by a hike of INR 1,500 per tonne from INR 209,500-217,000 per tonne to INR 211,000-218,500 per tonne on June 23. Vedanta’s aluminium billet price stood at INR 213,250 per tonne on June 24, also up by INR 1,750 per tonne. On June 23, Vedanta’s billet price rose from INR 210,000 per tonne to INR 211,500 per tonne. Vedanta’s aluminium ingot price also witnessed a rise of INR 1,750 per tonne on Thursday to reach at INR 205,250-218,250 per tonne, followed by a growth of INR 1,500 per tonne from INR 202,000-215,000 per tonne on June...
Aluminium billet inventories in China have dropped by 3,500 tonnes week-on-week across the five major consumption areas to come in at 97,300 tonnes on Thursday, June 24. Last week on June 17, aluminium billet inventories stood at 100,700 tonnes, registering a week-on-week increase of 12,400 tonnes. The chart below indicates the current status of aluminium billet inventories across China in more details: In Wuxi and Huzhou, aluminium billet inventories have decreased by 2,010 tonnes and 2,000 tonnes to come in at 10,120 tonnes and 8,000 tonnes, respectively, while the inventories in Nanchang have slipped by 1,750 tonnes to settle at 21,250 tonnes. Meanwhile, in Foshan and Changzhou, aluminium billet inventories have grown by 1,900 tonnes and 400 tonnes, respectively, to come in at 49,700...
According to the Shanghai Metals Market, aluminium alloy (A356) price in China has recorded a decrease of RMB 100 per tonne on Thursday, June 24, after the past two consecutive days of hike from RMB 18,950 per tonne to RMB 19,350 per tonne. The decline today has brought the aluminium alloy price to INR 19,250 per tonne, with average prices expected to range between RMB 19,200-19,300 per tonne. However, aluminium alloys (ADC12) price and aluminium alloy (A380) price have continued to remain restrained at RMB 18,300 per tonne and RMB 19,300 per tonne, found SMM. A00 aluminium ingot price has also registered a downfall of RMB 110 per tonne to stand at RMB 18,660 per tonne on Thursday, June 24. The average prices are expected to range between RMB 18,640 per tonne and RMB 18,680 per tonne,...
The UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports, Trade Remedies Authority has begun its first investigation in response to an application from a UK industry. On 21st June the case was initiated. Trade remedy investigations were carried out by the EU Commission on the UK’s behalf until the UK leaving the EU, now TRA will investigate whether aluminium extrusions are being dumped in the UK by businesses in the People’s Republic of China. Aluminium extrusions are heavily demanded in the manufacturing segment, like heavy equipment, as components for infrastructure projects like mining, oil and gas, chemical and refinery equipment. They can also be found in windows, doors and railings, cars, buses and...
Sanjeev Gupta’s distressed metal empire that counters the threat of administration has requested its bankers to give more time, as it is trying to negotiate with four potential buyers. The supplier of cast components to Jaguar Land Rover, Liberty Aluminium Technologies could be enforced by the administration within few days, if its primary bank, Close Brothers does not deliver more time. The Group’s Chairman, Sanjeev Gupta has been openly seeking buyers for a portion of his GFG metals empire since May 2021, as he aspires to prevent the collapse of his GFG Alliance, which could threaten thousands of job loss around the world. GFG shoved into crisis in March 2021, following the collapse of its biggest lender, Greensill Capital. Credit Suisse, Greensill’s former backer is now pressurizing to...
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. The company is currently selling its aluminium billet price at INR 210,000 per tonne, also down by INR 1,500 per tonne from INR 211,500 per tonne on June 19. Vedanta’s aluminium ingot price has also witnessed a cut of INR 1,500 per tonne with effect from June 22 to come in at INR 202,000-215,000 per tonne. On Saturday, June 19, Vedanta’s aluminium ingot price stood at INR 203,500-216,500 per tonne. Vedanta links its aluminium products and aluminium ingot prices to the three-month...
From Russian Ambassador’s visit to Klil in Israel to the fair possibility of trade dispute resolve between the EU & US concerning aluminium tariffs, the global downstream aluminium market has witnessed a plethora of events this week from June 14 to June 18. Russian ambassador Anatoly Viktorov recently visited the Klil factory in Karmiel, along with his wife and the mayor of Karmiel Moshe Koninsky. During the visit, Viktorov revealed that he was extremely impressed by Klil’s advanced technology of manufacturing aluminium windows. Tzuri Daboosh, chairman of Klil, noted: “It is an honor to host the Russian ambassador at the plant, and the visit may open new collaborations in the field of aluminum.” To know more:...
The aluminium producers of the largest economy of Africa, Nigeria and also projected to rank among the world's top ten economies by 2050 are calling out over unregulated importation of aluminium profiles into the country, expressing grief that the method is killing the local production. Joneay Lei, the Deputy Director of Rongtai Aluminium revealed that there are large numbers of traders who import the products and ravage the market by selling them at a very cheap price. “This uncontrolled importation is not helping local production”, Lei said. He further added: “The huge number of small importers of the product is affecting the quality of the product that litters the market.” On the second anniversary event of Rongtai Aluminium, the Deputy Director advocated: “Lack of protection for local...
Vedanta Limited has reported that it has reduced its aluminium products and aluminium ingot prices for the second time in a row on Saturday, June 19. The company has updated that it is now selling its aluminium wire rod at INR 211,000-218,500 per tonne – 2 per cent or INR 4,250 per tonne lesser than INR 215,250-222,750 per tonne on Wednesday, June 16. With the latest cut, Vedanta’s aluminium billet price has come in at INR 211,500 per tonne, also down by INR 4,250 per tonne from INR 215,750 per tonne on June 16. Vedanta’s aluminium ingot price has been decreased to INR 203,500-216,500 per tonne on June 19 from INR 207,750-220,750 per tonne on the previous day. Vedanta links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London Metal...
Hindalco Industries Limited has reduced its aluminium products price by INR 1,500 per tonne. With effect from Friday, 18 June 2021, aluminium billets and wire rods prices stand at INR 214,100 per tonne and INR 218,100 per tonne, marking a decline of 0.7% from INR 215,600 per tonne and INR 219,600 per tonne on June 16. Aluminium ingots price stands at INR 207,000 per tonne on Friday, 18 June 2021, a drop of INR 1,500 per tonne from INR 208,500 per tonne on 16 June 2021. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on stood at US$ 2427.5 per tonne June 17, down from US$ 2454.5 per tonne on June 16. Aluminium operations of the company, excluding those of its US arm Novelis Inc,...
On 10th June 2021, the World Bank Zimbabwe Economic Update revealed that Gross Domestic Product (GDP) growth is projected to reach 3.9% in 2021, a significant development after a two-year recession. In 2021, the economic growth will be led by the recovery of agriculture as rains normalize, businesses adjust to limitations caused by the COVID-19 pandemic, and inflation slows down. However, disruptions caused by the pandemic will continue to weigh on economic activity in Zimbabwe, limiting employment growth and improvements in living standards. The landlocked country in southern Africa reported import of 2225 tonnes of aluminium structures during 2019-20 and the expenditure accounted for the import was $6.65 million. Zimbabwe’s import of aluminium structures in 2019 was booked at 1583...
Constellium’s Ravenswood facility and West Virginia University Parkersburg have partnered to sponsor skilled trades scholarships. Ravenswood is one of the world’s largest rolled aluminium products facilities. The plant manufactures plate, sheet and coil products for aerospace, defence, transportation, marine and other industrial uses. Constellium Ravenswood is the largest employer in Jackson County. 10 new students received the scholarships. The Skilled Trades Scholarship program is a collaboration between Constellium and WVU Parkersburg. It offers financial assistance to selected high school graduates to help them earn an associate degree in Multi-Craft Technology or Reliability and Maintenance Technology. They will then are eligible to enter a five-year full-time employment agreement...
Rio Tinto has commenced operations at scandium oxide demonstration plant at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The plant is ramping up to production capacity of three tonnes of scandium oxide per year. The $6 million project will use an innovative process to extract high purity scandium oxide from the waste streams of titanium dioxide production, without the need for any additional mining. The Government of Quebec contributed approximately $650,000 through the Quebec Plan for the Development of Critical and Strategic Minerals. Rio Tinto Iron and Titanium managing director Stéphane Leblanc said: “For the first time, customers will benefit from a North American supply of scandium oxide for applications in solid oxide fuel cells, lasers, lighting...
According to the Shanghai Metals Market, aluminium billet inventories in China have built-up 12,400 tonnes or 14 per cent from a week ago to come in at 100,700 tonnes as of Thursday, June 17. With aluminium prices still fluctuating at a high level, there has been a seasonal weakening of consumption, resulting in poor enthusiasm of receiving goods among the downstream aluminium sector. Last week on June 10, aluminium billet inventories dipped by 1,100 tonnes week-on-week to stand at 88,400 tonnes. The chart below indicates the current status of aluminium billet inventories across China in more details: In Foshan, aluminium billet inventories have increased the highest this week by 7,100 tonnes to come in at 47,800 tonnes, followed by the growth of 4,200 tonnes in Nanchang to 23,000 tonnes...
Russian ambassador Anatoly Viktorov recently visited the Klil factory in Karmiel, along with his wife and the mayor of Karmiel Moshe Koninsky. During the visit, Viktorov revealed that he was a window installer in his youth and that he was extremely impressed by Klil’s advanced technology of manufacturing aluminium windows. Klil is Israel’s leading company for the development, manufacturing, and marketing of advanced aluminum doors and windows for private homes, boutique buildings, and tall buildings. Founded in 1950, kill employs nearly 320 employees at the company’s factory in Karmiel, as well as in other locations. Tzuri Daboosh, chairman of Klil, noted: “It is an honor to host the Russian ambassador at the plant, and the visit may open new collaborations in the field of aluminum.”...
The trade disputes between the EU and US concerning tariffs on aluminium and steel will be resolved by the end of 2021 as agreed by both parties. The deal of Boeing and Airbus tariff to suspend for five years had been reached ahead to the meeting in Brussels, while an agreement on tariffs on exports of aluminium and steel remain too far this time around. Ursula von der Leyen, President of European Commission said following the summit: “A steel tariffs ‘working group’ will be established to make good progress in moving forward within months.” The trade differences pre-exist to the administration of former US President Donald Trump who, in March 2018, decided to impose extra tariffs on EU exports of aluminium and steel entering the US market. The duties were set at 25% on steel and 10% on...
In the central part of Austria lies Leoben City, where research experts with a new heat treatment develop an aluminium alloy strong and easily malleable concurrently. This unique light material can therefore be utilized regularly in the automotive industry. The three vital requirements that auto manufacturers place on the body shell are lightweight, very strong and easily malleable at the same time. The metal aluminium is around three times lighter than conventional steel, but the increase in strength is unfortunately usually associated with a decrease in formability. Researchers in Leoben have found a way to make aluminium alloys more easily deformable while maintaining high strength. The battle is for every gram, as for car manufacturers, the specifications for reducing CO2 emissions...
