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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The South African manufacturer of specialised rolled aluminium products, Hulamin, stationed in Pietermaritzburg, KwaZulu-Natal announced that it has restarted operations after unrest tormented the country. On 12 th July 2021, the world's ultra-high-end aluminium products maker suspended its...
Dengfeng Power Group Co Ltd’s aluminium alloy unit stopped production as flooding water entered the plant, according to Reuters report. The incident occurred after water spread into a high-temperature solution in the alloy tank and caused a blast. The Dengfeng government said in a statement that no...
The economy of Bulgaria is set to recoil from its Covid-19 induced contraction in 2021. Household and capital spending should inflate solidly, while development in global demand should support the external sector. However, the heightened general uncertainty and a prolonged health crisis pose key...
The biggest company in the Austrian Aluminium industry sector, AMAG Austria Metall AG increases its earnings forecast for the current financial year predominantly due to the ongoing positive market trend of primary aluminium. The premium supplier of high-quality aluminium cast and flat-rolled...
Acording to the data released by the General Administration of Customs, China's imports of unwrought aluminium and products - which include primary metal and unwrought, alloyed aluminium increased month-on-month by 30% in June. Imports of unwrought aluminium and products stood at 294,081 tonnes...
The global aluminium downstream sector is gradually regaining its power following the severe crisis rooted in multiple waves of the Covid-19 pandemic. The Indian born British metal magnate Sanjeev Gupta battles to save its Belgian aluminium rolling mill from US equity firm AIP and the British firm...
Alcoa Corporation expects double-digit growth in the sales of its value-added products this year based on the continued economic recovery and improved demand for aluminium across all end markets. The company forecasts an improvement in shipments across all segments. Bauxite is estimated to improve...
Hindalco Industries Limited has further hiked its aluminium products price. With effect from Friday, 15July 2021, aluminium billets and wire rods prices stand at INR 224,850 per tonne and INR 228,850 per tonne, an increase of INR 2,500 per tonne from INR 222,350 per tonne and INR 226,350 per tonne...
The economy of Uruguay economy is heavily dependent on its neighbours, Brazil and Argentina. In 2020, the country’s GDP plunged by an estimated 5.7%, primarily due to the impacts of the COVID-19 pandemic not only in the country but also in its neighbours. However, it should be considered that the...
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According to the Shanghai Metals Market, aluminium alloys prices have closed the week on Friday, July 16, on a positive note across China. Aluminium alloy (A356) price has grown by RMB 150 per tonne to touch the mark of RMB 20,000 per tonne. The average prices are expected to range between RMB...
On 15th July 2021, South Korea's Ministry of Industry stated that the nation's aluminium and steel sectors are expected to be counter trouble from the European Union’s carbon border tax. The announcement from the ministry came a day after the EU declared its intention to implement the Border Carbon...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 2% this week. The inventories fell by 3,000 tonnes from the previous week to 120,800 tonnes on Thursday, July 15, 2021. Aluminium billet outbound volume rose by 800 tonnes...
Hungary economy is an export-oriented market economy with a substantial significance on foreign trade. The country is the 35th largest export economy in the world. The ERSTE Research predicted that the Hungarian economy to grow by 3.90% in 2021. The landlocked central European nation, Hungary...
Hindalco Industries Limited has raised its aluminium products price by INR 2,500 per tonne or more than 1%. With effect from Wednesday, 14 July 2021, aluminium billets and wire rods prices stand at INR 222,350 per tonne and INR 226,350 per tonne. That was an increase of INR 2,500 per tonne from INR...
KPS Capital Partners (KPS) has acquired Metra Holding S.p.A. and Metra S.p.A., (collectively "Metra"). The company purchased Metra, a producer of extruded aluminium, from Highlander Partners. KPS also acquired Profile Custom Extrusions, LLC ("Profile"), a U.S. manufacturer of extruded aluminum....
A source reports that Sanjeev Gupta is making great efforts to lay hold of its Belgian aluminium rolling mill after a US private equity firm AIP took legal action in the UK to seize control. In an attempt to do so, Gupta’s metals group GFG Alliance, which is the subject of an investigation by the...
The specialist in Aluminium casting, Alucast’s delivery of single-source manufacturing solution is supporting itself to bounce back from the pandemic. The Wednesbury factory of Alucast that employs around 100 people has secured new wins with major carmakers and accredits its ability to provide...
According to the US Census Bureau data, the United States exported 23,900 tonnes of aluminium plates, sheets and bars to Mexico in April 2021. That was down by 10.88 per cent from 26,500 tonnes of exports in March 2021. In February 2021, the United States exported 21,800 tonnes of aluminium flat...
