Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, will exhibit at Aluminium Düsseldorf 2026 (6–8 October), where it will introduce its EMDUR™ biotechnology alongside a portfolio of rolling fluids, maintenance lubricants, and automated digital technologies for the...
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...
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Tri-Arrows Aluminum, a leading supplier of rolled aluminium sheet in the North American Market focusing on Beverage Can Sheet, has become a Production & Transformation member of ASI, bringing the total number of ASI Members to 184. The company’s products are manufactured at Logan Aluminum, a joint...
Maan Aluminium has presented the financial results of the first quarter of FY2022 ended on June 30, revealing a year-on-year increase of 222.98 per cent in net profit to INR 5.20 crore. In the June quarter of FY21, the company’s net profit stood at INR 1.61 crore. On a quarter-on-quarter basis,...
Hindalco Industries Limited has further slashed its aluminium products price today. With effect from Thursday, 05 August 2021, aluminium billets and wire rods prices stand at INR 229,100 per tonne and INR 233,100 per tonne. This marks a drop of INR 2,000 per tonne from INR 231,100 per tonne and INR...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China registered a hike of 4,200 tonnes from the previous week to stand at 103,200 tonnes on Thursday, 05 August 2021. The stocks are expected to increase next week. Aluminium billet outbound...
Wheels India has announced the commencement of cast aluminium wheels production at its new facility at Thervoy Kandigai. The company has also started to export these products the US market, said S Ram, Chairman of Wheels India while addressing shareholders at the 62nd AGM. He added that the demand...
Hindalco Industries Limited has cut its aluminium products price by more than 1%. With effect from Wednesday, 04 August 2021, aluminium billets and wire rods prices have come in at INR 231,100 per tonne and INR 235,100 per tonne, which indicates a decline of INR 2,500 per tonne from INR 233,600 per...
On 4 th August 2021, the subsidiary of Aditya Birla Group’s Hindalco Industries’, Novelis Inc., the world leader in aluminium rolling and recycling, reported net income attributable to its common shareholder of $240 million in the Q1 FY2022 compared to a net loss of $79 million in the prior-year...
Vedanta Limited has decreased its aluminium ingot and aluminium product prices with effect from Wednesday, August 4, in line with the fall in the LME aluminium benchmark price on August 3. Vedanta is currently selling its aluminium wire rod at INR 232,000-239,500 per tonne, down by INR 2,750 per...
In June 2021, the World Bank stated that the GDP of Romania is expected to grow by 6% this year, improving its January forecast by 2.5% points. By 2022, the World Bank expects the Romanian economy to expand by 4.5%, higher than the previously projected 4.1% rise in the gross domestic product (GDP)...
Kaiser Aluminum has announced that it will relocate its corporate headquarters from Foothill Ranch, California, to Franklin, Tennessee. The relocation will involve approximately $3 million investment and create 80 jobs. “Companies around the world see the benefits of doing business in Tennessee,...
According to the US Census Bureau data, the United States imported 6,220 tonnes of aluminium plates, sheets and bars from Oman in April 2021. That was a decrease of 4,220 tonnes or 40.42 per cent month-on-month, following a hike in March from 5,780 tonnes in February to 10,400 tonnes. On a...
The latest Regional Economic Prospects report published by the European Bank for Reconstruction and Development (EBRD) on 29 th June 2021 stated that Ukraine’s economy is set to return to growth in 2021. The Bank forecasts the country’s gross domestic product (GDP) to increase 3.5% on the year in...
Logan Aluminum, which manufactures aluminium can sheet products in North America, has joined ASI as a new Production & Transformation member, bringing the total number of ASI Members to 182. Logan Aluminum’s aluminium rolling mill is located in Russellville, Logan County, Kentucky. The company...
Hindalco Industries Limited, a subsidiary of the Aditya Birla Group is projecting to inject around INR 8,000-10,000 crore at Hirakud, Silvassa, and Mundra facilities in India. Hindalco stated in its annual report 2020-21: “The group proposes to invest towards the expansion of flat rolling capacity...
Global aluminium downstream market offered us a myriad of news this week right from some of the eminent companies’ financial reports to investment update. To start with, Kaiser Aluminum Corporation reported net sales of $741 million for the second quarter 2021 compared to $276 million in the prior...
The Gulf region is gradually trending towards aluminium production and the metal aluminium is driving to become the largest manufacturing sector outside Gulf’s traditional oil and gas business. The GCC countries are home to 6 aluminium smelters, which are counted as the biggest, most modern, and...
Vedanta Limited has continued to expand its aluminium ingot and aluminium product prices in line with the steady growth in the LME aluminium benchmark price. With effect from Friday, July 30, Vedanta's aluminium wire rod price has come in at INR 229,000-236,500 per tonne, up by INR 3,000 per tonne...
Hindalco Industries Limited has continued to hike its aluminium products price. With effect from Thursday, 29 July 2021, aluminium billets and wire rods prices stand at INR 225,100 per tonne and INR 229,100 per tonne. That marked a growth of INR 2,000 per tonne from INR 223,100 per tonne and INR...
