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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One of the most prominent incidents we have witnessed in the downstream aluminium sector this week is the aluminium alloy price soar in China. On two consecutive days this week, aluminium alloy (A356) price saw a steep growth of RMB 1000 per tonne and more. After resuming from the Mid-Autumn...
Researchers at Fraunhofer Institute for Solar Energy Systems ISE have evolved an innovative interconnection technology for shingled PV modules. The developed model removes the need for screen-printed busbars and also electrically conductive adhesives. Furthermore, it also enables solder-free...
According to the Economic Complexity Index, the economy of Hungary is a high-income mixed economy and it ranked as the 9th most complex economy. The country executed multiple reforms such as the privatization of businesses that were once state-owned and initiated to slash funding to social programs...
Aluminium billet inventories in China grew further this week ended September 23, 2021, to stand at 157,000 tonnes. According to the Shanghai Metals Market, inventories rose by 8,200 tonnes over the week across the five major Chinese consumption areas. Huzhou and Changzhou were the leading...
On 23rd September 2021, Constellium SE, the global manufacturer of aluminium rolled products, extruded products and structural parts based on a large variety of advanced alloys announced that it will supply aluminium structural components for the recently introduced all-electric Ford F-150...
The US Aluminium Association, the aluminium sector trade group praised the United States Department of Commerce for their final ruling that some importers from Russia as well as four other different countries are dumping some aluminium foils on the American market. On 17 th September 2021, the...
Rusal, a leading global aluminium producer, is mastering the production of aluminium cast pipes together with Lipetsk Pipe Company Svobodny Sokol. The quality of pipes is comparable to products made from conventional materials. The casting technology which Rusal uses makes it possible to produce...
According to the Shanghai Metals Market, Aluminium alloy (A356) price has resumed after the Mid-Autumn Festivals holiday with a surge of RMB 1,000 per tonne to exceed RMB 26,000 per tonne on September 22. As per the data, the price is standing at a new high of RMB 26,050 per tonne, with average...
The Finance Minister of Cyprus, Constantinos Petrides in August 2021 stated that the economy is anticipated to grow by more than 5.5% in 2021, as preliminary estimates showed a 12.90% year-on-year growth in the second quarter of the year. The minister further added that the Q2 rate was markedly...
On Friday, September 17, the United States Department of Commerce announced the final anti-dumping duties on the imports of certain aluminium foil from Armenia, Brazil, Oman, Russia, and Turkey. A few months ago, the Commerce Department made a preliminary determination that aluminium foil imported...
On Saturday, September 18, Hindalco Industries Limited continued to increase its aluminium products prices, bringing its aluminium wire rod price to INR 258,100 per tonne. That was an increase of INR 3,250 per tonne or 1.28 per cent from INR 254,850 per tonne on September 16. Hindalco’s aluminium...
According to the latest PMI data, it signalled rapid growth of the Italian private sector economy during July, as the Covid-19 restrictions were untightened and sustained boost to client demand across manufacturing, services and construction, while the latter also received added benefit from...
The Ministry of Finance, Govt. of India has imposed definitive anti-dumping duty on aluminium foil imports of thickness 80 microns and below from China, Malaysia, Thailand and Indonesia. The validation of the duty is for five years, while it ranges from $93.53 to $976.99 per tonne depending on the...
The aluminium downstream sector remained insightful during the week. However, the political instability in the world’s second-largest producer of bauxite, Guinea has installed another gear to the hike in the price of aluminium and it reached to 13years high of $3000 per tonne. Bulgaria’s Alcomet,...
On 16th September 2021, Alcomet, the leading manufacturer of aluminium rolled and extruded products in Bulgaria stated that it put into operation a new facility for processing of aluminium profiles following an investment of € 6.9 million. Alcomet in a bourse filing stated that the new equipment...
According to the Shanghai Metals Market, aluminium billet inventories in China have grown for the third week in a row, albeit lower than the previous weeks. SMM data shows the inventories have gained only 3,340 tonnes across five major consumption areas to stand at 148,840 tonnes on September 16....
The Scepter Group, a recognized leader in aluminum dross and scrap recycling, announced on Wednesday, September 15, that it signed a multi-year agreement with rolled products major Novelis to supply more than 200,000 tonnes of low carbon rolling slab with up to 95 per cent recycled content. The...
The continuous upsurge in aluminium prices and disorder in global bauxite supply has attracted investors keen towards integrated aluminium producers such as Hindalco. The diversified financial services company engaged in investment banking and capital markets, asset management and direct investing,...
