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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Hindalco Industries Limited has again increased its aluminium products and aluminium ingot prices with effect from March 18 after an intermittent cut on March 17. The company’s aluminium wire rod price has been raised by INR 2,250 per tonne to INR 196,600 per tonne after being cut by INR 1,250 per tonne on March 17 from INR 195,600 per tonne to INR 194,350 per tonne. With the latest hike, Hindalco is selling its aluminium billets price at INR 192,600 per tonne, also up by INR 2,250 per tonne from INR 190,350 per tonne on Wednesday, March 17. Hindalco’s aluminium ingot price has come in at INR 185,500 per tonne with effect from March 18 compared to INR 183,250 per tonne on the previous day. This also reflects an increase of INR 2,250 per tonne or 1.23 per cent. Hindalco generally links its...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China reduced by 3,900 tonnes from a week ago. The inventories came in at 232,900 tonnes as of Thursday March 18. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Huzhou witnessed the highest drop. The stocks dropped by 5,000 tonnes from March 11 to stand at 24,000 tonnes on March 18. Stocks in Changzhou stood at 22,600 tonnes. That was down by 2,000 tonnes from March 11. Stocks of aluminium billets in Foshan, Wuxi and Nanchang built up by 800 tonnes, 2,100 tonnes and 200 tonnes from March 11 to stand at 110,600 tonnes, 62,900 tonnes and 12,800 tonnes on Thursday, 18 March 2021.
Constellium has published its 2020 Business and Sustainability Report . The company outlines its progress on its sustainability goals. The report is presented in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards Constellium targets its 2030 sustainability roadmap, with the aim to achieve climate neutrality by 2050. “I am proud of our significant progress in 2020 despite the challenging environment of the COVID-19 crisis. Sustainability is at the core of our business, as Constellium benefits from the inherent attributes of aluminium, a light but strong metal that is fully and easily recyclable”, said Jean-Marc Germain, CEO of Constellium. “Our Environmental, Social, and Governance strategy and roadmap for 2030 are taking shape, with initiatives to...
Month-on-month decline in aluminium plates, sheets and bars exports from the United States to Mexico extended decline for the second consecutive months in December 2020 from 23,100 tonnes to 21,300 tonnes, reflecting a downfall of 7.79 per cent. In November, the United States aluminium plates, sheets and bars exports to Mexico stood 9.97 per cent lower than 25,100 tonnes in October 2020. Total exports from the US to Mexico in the fourth quarter of 2020 came in at 69,500 tonnes, up by 5.46 per cent from 65,900 tonnes in Q3. On a year-on-year calculation, the US aluminium plates, sheets and bars exports to Mexico in December 2020 stood flat in comparison with 21,600 tonnes. In the entire year of 2020, the US aluminium semi-finished products exports to Mexico stood at 265,000 tonnes, down by...
China exported 1.23 million tonnes of aluminium foil in 2020, which reflected a downfall of 4.95 per cent from the exports in 2019, found the customs data. Exports of foil under HS code 76071110 (unprocessed aluminium foil without backing after rolling, thickness ≤0.007mm) totalled 293,400 tonnes in 2020, and exports of foil under HS code 76071120 (unprocessed aluminium foil without backing after rolling, 0.007mm< thickness ≤0.01mm) totalled 74,200 tonnes. The former decreased by 6.69 per cent year-on-year, while the latter dropped by 2.37 per cent. Exports of foil under HS code 76072000 (unbacked aluminium foil) and under HS code 76071900 (other unbacked aluminum foils) fell by more than 7.5 per cent to come in at 191,800 tonnes and 249,800 tonnes, respectively. The decrease in China’s...
The Indian Institute of Foreign Trade (IIFT) has indicated in its recent survey that demand for aluminium will grow as a result of urbanisation, development of industrial corridors, rural electrification, Smart City projects, housing projects, and so on and so forth. “We have used secondary data analysis to provide an overview of the Indian aluminium industry vis-à-vis global aluminium industry and assess the challenges faced by the Indian aluminium downstream sector and its potential along with ITC Trade Map data to explain and analyse the trade structure of the domestic aluminium industry,” said Anil Agarwal, Patron, ASMA (Aluminium Secondary Manufactures Association). “In order to analyse the dynamics of the aluminium industry after India signed FTA with some supplier countries and...
Hindalco Industries Limited has raised its aluminium products price after cutting it for the second time in a row. With effect from Tuesday, 16 March 2021, aluminium billets price stands at INR 191,600 per tonne, an increase of INR 3,500 per tonne from INR 188,100 per tonne on March 13. The company is selling its aluminium ingot and wire rods prices stand at INR 184,500 per tonne and INR 195,600 per tonne as of Tuesday, 16 March 2021. This is an increase of 1.86% from INR 181,000 per tonne and INR 192,100 per tonne per tonne on March 13. 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 LME has been increasing since October. The price has climbed nearly 14% in the October-December....
Hindalco Industries Limited has cut its aluminium products price for the second time in a row. With effect from Saturday, 13 March 2021, aluminium billets price stands at INR 188,100 per tonne. This is down by INR 1,750 per tonne from INR 189,850 per tonne on March 9. Aluminium ingot and wire rods prices stand at INR 181,000 per tonne and INR 192,100 per tonne as of Saturday, 13 March 2021, representing a decrease of around 1% each from INR 182,750 per tonne and INR 193,850per tonne on March 9. 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 LME has been increasing since October. The price has climbed nearly 14% in the October-December. Aluminium operations of the company,...
Aluminium Stewardship Initiative has announced the joining of Alcomet in ASI as a new Production & Transformation member. This brings the total number of ASI members to 161. Alcomet AD is a leading Bulgarian manufacturer of aluminium rolled and extruded products. It offers a large variety of foils, sheets, strips, and profiles, with a total turnover exceeding 180 million euro. The company incessantly strives to upgrade existing facilities to the latest technological standards by acquiring new technologies. Meeting challenging demands from clients, while ensuring health and safety at work, protecting the environment, and mitigating the environmental footprint is the key focus of Alcomet. The technical and technological solutions employed are of the highest level and guarantee a high degree...
Jupiter Aluminum has been against the Aluminium Stewardship Initiative (ASI) Chain of Custody Standard Certification for its scrap re-melting, cold rolling, annealing, and finishing operations in Hammond, Indiana, as well as its two coil coating facilities located in West Virginia and Indiana, USA. The company melts scrap aluminium to produce common alloy coils for North American markets. The ASI Certification program is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The program was developed through an extensive multi-stakeholder consultation process. The independent, third-party audits of the Jupiter Aluminum plants were carried out by DNV GL. Fiona Solomon, Chief Executive Officer at ASI said, “We warmly congratulate Jupiter Aluminum...
The global leader in aluminium engineering, manufacturing and innovation Gränges has announced the appointment of Sofia Hedevåg to be a member of Gränges’ Group Management and report to CEO Johan Menckel. Presently Sofia holds the position of SVP Sustainability at Gränges AB and since 15 th May’20, she has been a member of Gränges’ extended Group Management. Camilla Weiner, SVP Corporate Responsibility & Communication, who has been a member of Gränges’ Group Management since 2019, is stepping out of Gränges to continue with assignments in her own business. However, it has been notified that all the changes above will be effectuated from 1 st April 2021. Johan Menckel, CEO Gränges AB, said: "We have created a new position in Gränges’ Group Management with global responsibility for...
The American multinational automaker, Ford Motor Company and the global leader in additive manufacturing technology providing industrial 3D printing systems and services, ExOne claimed a revolution in binder jet 3D printing for the automotive industry following a successful alliance to develop a process for the binding and sintering of 6061 aluminium parts, continuing its mission to make 2021 "the year of binder jet”. The process is patent-pending and is said to deliver properties equivalent to that of die casting with high densities greater than 99% and is expected to “increase Ford’s efficiency” by taking advantage of the binder jet’s speed along with the part complexities, weight and part count reductions afforded by additive manufacturing. Both the organisations are all set to file...
The United States aluminium crude metal and alloys imports from Canada in December 2020 stood at 161,000 tonnes, reflecting an increase of 4,000 tonnes or 2.55 per cent month-on-month, found the US Geological Survey. Imports in November 2020 came in at 157,000 tonnes – 1 tonnes or 0.63 per cent less than 158,000 tonnes in October. On a year-on-year calculation, the United States aluminium crude metal and alloys imports from Canada in December 2020 stood 31 per cent lower than 229,000 tonnes. In the December quarter (Q4 2020), the United States aluminium crude metal and alloys imports totalled 476,000 tonnes, down by 15.30 per cent from 562,000 tonnes in Q3 2020. In the entire year of 2020, the United States imported 2.3 million tonnes of aluminium crude metal and alloys from Canada...
The Chief Procurement Officer at Volvo Car Corporation, Martina Buchhauser who stepped down from his position recently, where she was also part of the Executive Management Team, is proposed as a new member of the Board of Directors to be elected at the Annual General Meeting on 6 th May 2021. Ragnhild Wiborg, who has chosen to resign and will leave the Board of Directors in conjunction with the AGM has served the board since 2014. Ragnhild Wiborg has taken a very active part in the Board as Chairman of the Audit Committee for five years, including working on the IPO in 2014 and a member of the task force involved in the successful rights issue process in 2020. Jannis Kitsakis, Senior Portfolio Manager at the Fourth Swedish National Pension Fund, representing the largest shareholder in...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined for the first time after the Chinese New Year. Inventories of aluminium billet decreased 9,500 tonnes from a week ago to 236,800 tonnes as of Thursday March 11. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Nanchang dropped the most, standing at 12,600 tonnes on Thursday, 11 March 2021. That was down by 5,500 tonnes from March 4. The stock in Foshan and Huzhou stood at 109,800 tonnes and 29,000 tonnes, a drop of 4,500 tonnes and 2,000 tonnes from last week. Stocks of aluminium billets in Wuxi and Changzhou built up slightly by 1,600 tonnes and 800 tonnes today. Inventories came...
According to the Shanghai Metals Market, China’s aluminium wire and cable producers’ operating rates saw a decrease of 3.26 percentage points month-on-month to 26.63 per cent in February 2021. However, it reflected an increase over the year by 10.48 percentage points, found SMM. The monthly decrease in China’s aluminium wire and cable operating rates could be attributed to the operation halt at most domestic wire and cable companies due to a holiday during February 8-18. Companies in north China were even closed till the end of February, resulting in lower production time, industry output, and fewer industry orders at small and medium-sized enterprises. At present, leading companies have relatively saturated orders, with production schedules lesser than in previous years. Small and...
Denmark, a small country with an open economy and a structural balance of payments surplus, the economy remains although prosperous but is highly dependent on foreign trade. This was the major reason Denmark recorded its deepest fall in GDP in the first half of 2020 due to the COVID-19 crisis, although it partially recovered during the second half of the year underpinned by private consumption, for an overall decrease of 4.5%, as reported by IMF. Denmark’s real GDP forecast to expand by a solid 3.5% in 2021 and around 2.5% in 2022, as both domestic and external demand, normalises. The Scandinavian nation’s import of aluminium tubes or pipes fittings during 2018-19 reached 349 tonnes and the revenue expended for the import stood at $2.21 million. The import for 2020 remained at 196 tonnes...
Vimetco Extrusion, a downstream subsidiary of ALRO, will expand its production capacity with a new EUR 10 investment project. The investment involves the acquisition and installation of an automated extrusion line, supplied by Presezzi Extrusion spa. The new extrusion line will also generate cost-savings and increased operational efficiency. The project is financed from two sources, through commercial credit and bank credit for investments. “The expertise in creating high and very high value-added products is obtained only through constant investments in innovation and outstanding employee training, and Vimetco Extrusion has shown that it is not only willing to embrace these responsibilities, but it also excels in executing them very efficiently”, said Marian NĂSTASE, Chairman of the...
