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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AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector pursued to benefit from the positive market environment after an enterprising start to the first quarter of 2021. The Meta Division is flying remarkably high especially due to attractive aluminium prices and...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped by 20,600 tonnes from the previous week to 99,000 tonnes on Thursday, July 29, 2021. China’s aluminium billet outbound volume rose 6,700 tonnes to 53,200 tonnes last week. The...
A team of Indian researchers have lately developed a Nano-structured self-cleaning sustainable aluminium surface by using a simple and environment-friendly fabrication process. It could have several applications ranging from biomedical to aerospace and automobiles to household appliances, while the...
Hydro has decided to install a state-of-the-art 3,000-ton 12” indirect aluminium extrusion press line at its Cressona facility, Pennsylvania. The installation involves $48.3 million investment to meet North America’s growing transportation, distribution, and industrial market segments. The company...
Constellium published results for the second quarter ended June 30, 2021. In Q2, shipments stood at 406 thousand tons, an increase of 31% year-on-year due to higher shipments in each of our segments. Revenue increased 47% to €1.5 billion due to higher shipments and higher metal prices. Net income...
Vedanta Limited has further increased its aluminium ingot and aluminium products prices, although lower than the previous day, with effect from Thursday, July 29. This marks a growth for the second consecutive time since July 24, bringing Vedanta’s aluminium ingot price to INR 218,500-231,500 per...
The metal baron Sanjeev Gupta owned GFG Alliance’s Chief Investment Officer and also one of the most loyal lieutenants is quitting the group following falling out with his boss over the sale of its aluminium assets. A scion of a Danish merchant banking family, Jay Hambro, whose connections...
Major aluminium processors in China faced a downfall in operating rates last week by 4.3 percentage points to 66.5 per cent. In Henan, operating rates slumped 24.6 percentage points to 41 per cent, the sharpest decline among all regions, as local enterprises were forced to reduce or suspend...
Hydro Extrusions has decided to spend EUR 45 million in the Nenzing aluminium extrusion plant in Europe. The company will increase production capacity by 30% to meet the growing demand of aluminium extrusions in the region. The aluminium plant will add a fourth extrusion line and expand mechanical...
The Aluminium Stewardship Initiative has successfully welcomed GUANGZHOU KINGKEE METAL MANUFACTURE CO., LTD as a Production & Transformation member, bringing the total number of members to 180. GUANGZHOU KINGKEE METAL MANUFACTURE CO., LTD is deeply engaged in the aluminium industry for more than 20...
Kaiser Aluminum Corporation reported net sales of $741 million for the second quarter 2021 compared to $276 million in the prior year period, reflecting a 184% increase in shipments and a 5% decrease in average selling price per pound. Adjusted EBITDA stood at $59 million, up $24 million...
Hindalco Industries Limited has raised its aluminium products price by 2%. With effect from Saturday, 24 July 2021, aluminium billets and wire rods prices stand at INR 223,100 per tonne and INR 227,100 per tonne, a jump of INR 4,250 per tonne from July 20’s price of INR 218,850 per tonne and INR...
The European Union’s new legislation, Fit for 55 which was introduced on 14th July to reduce its GHG emissions by 55% by 2030 and to net-zero by 2050. This has been highly appreciated as the EU’s climate change action transformed into law, safeguarding it from the winds of political change. It will...
This week the global aluminium industry’s downstream segment delivered some great news and definitely, it throws positive response to the market, while the week also had controversial news as American Industrial Partners (AIP) came up with a board spat with British industrialist Sanjeev Gupta on...
On 19th July 2021, the organizations that emerge for their financial performance during 2010-2020 were honoured at the Awards Ceremony for the Greek business, "Protagonists of the Greek Economy", organized for the sixth time by the Direction Business Network. The awards were honoured based on the...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 0.9% 1,200 tonnes from the previous week to 119,600 tonnes on Thursday, July 22, 2021. Aluminium billet outbound volume fell by 1,800 tonnes to 46,500 tonnes last week. The...
The US private equity group American Industrial Partners (AIP) board spat with British industrialist Sanjeev Gupta has gone to worst. Gupta was displaced from Alvance Aluminium Duffel earlier this month and now he has successfully fought in court to be appointed back to the board on 14th July 14....
The global automotive industry is countering a lot of disarrays, counting stricter regulations on emissions steering automakers to switch to the electric vehicle segment. India’s leading manufacturer and exporter of auto components, stated in its annual report: “2021 will be the year electric...
