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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Hindalco Industries Limited has raised its aluminium products price after cutting it on Friday, 04 June. With effect from Saturday 05 June 2021, aluminium billets price stands at INR 211,850 per tonne, up INR 1,750 per tonne or 0.83% from INR 210,100 per tonne on June 4. The wire rods and aluminium...
Vedanta Limited increased its aluminium products and aluminium ingot prices on Saturday, June 5, the next day after it cut the prices by INR 5,000 per tonne. The company expanded its aluminium wire rod price by INR 1,750 per tonne or 0.84 per cent to INR 211,000=218,500 per tonne, with effect from...
The crucial turmoil by COVID-19 and the augmented sharp fall in oil prices weighed heavily on Bahrain’s economy in 2020. Fiscal and external deficits slumped, reversing the narrowing path observed in 2019. Worldwide access to the vaccine, higher oil prices, and commitment to implement policies...
The global aluminium downstream sector remained quite strenuous this week, Hammerer Aluminium revealed its €38 million investment towards the expansion of Ranshofen extrusion unit. Hydro accomplished the sale of its aluminium rolling business to American investment company KPS Partners. The leading...
The EU Commission’s draft proposal which is now available to a global media agency reveals that the European Union will introduce so-called carbon import tariffs on aluminium among other commodities as a part of the initiative fight against climate change. This is purposeful in regards to safeguard...
European aluminium and aluminium alloy producers have been seeing a strong demand from carmakers and original equipment manufacturers (OEMs) until now in 2021. But some market participants fear a dip in demand as auto sales continue to run below pre-pandemic levels. They also forecast a significant...
Hindalco Industries Limited has slashed its aluminium products price by INR 4,000 per tonne. With effect from Friday, 04 June 2021, aluminium billets price has reduced by 1.87% to stand at INR 210,100 per tonne from INR 214,100 per tonne on June 02. The wire rods and aluminium ingots prices stand...
Aluminium billet inventories in China have inched up by 1,100 tonnes or 1.2 per cent week-on-week across the five major consumption areas, following the three consecutive weeks of decline. The inventories are thus standing at 89,400 tonnes as of June 3, according to the Shanghai Metals Market. The...
The Ministry of Finance, Latvia has revealed in their latest financial positions the measures the country will initiate to recover from the damage wreaked by Covid-19 during coming years. The forecast is based on the Covid-19 vaccination plan, which foresees that 70% of the Latvian population will...
Bahrain exported 9,770 tonnes of crude metals and alloys to the US in March 2021, from 8,800 tonnes exported in February 2021, reflecting a growth of 11.02% month-on-month, according to the latest Mineral Industry Survey report from US Geological Survey. On a yearly basis, exports jumped from 299...
The United Arab Emirates exports of crude metals and alloys to the US stood at 31,200 tonnes in March 2021 an increase of 52.94% year-on-year. The UAE had exported 20,400 tonnes to the US in March 2020, according to the latest Mineral Industry Survey report from the US Geological Survey. On a...
A unit of China Haida, CHD Engineering and Trading, has teamed with K-United Builder (KUB) to supply and install aluminium products for projects in Singapore and Malaysia. The first project is for a commercial building in Johor, Malaysia, worth S$1.68 million, that requires aluminium cladding and...
Hindalco Industries Limited has further expanded its aluminium products price. With effect from Wednesday, 02 June 2021, aluminium billets price has jumped by INR 6,000 per tonne or 2.88% to stand at INR 214,100 per tonne. The company had reported billets price of INR 208,100 per tonne on May 28....
On Tuesday, June 1, Hydro completed the sale of its aluminium rolling business area to KPS Capital Partners, which is expected to strengthen Hydro’s position in low-carbon aluminium. Hydro President and CEO Hilde Merete Aasheim said, "Hydro's ambition is to lift profitability and drive...
Novelis’ Shanghai Customer Solution Center (CSC) has signed a non-binding memorandum of understanding (MOU) with Tsinghua University Suzhou Automotive Research Institute (TSARI) to to drive research and development of aluminium products and solutions to promote a low carbon, sustainable future....
The supplier of high-quality aluminium, Hammerer Aluminium Industries (HAI) reveals an investment volume of € 38 million towards the expansion of the extrusion facility in Ranshofen. HAI intends to root the investment by executing the operation of the 60 MN extrusion press at its facility at...
SAG Slovakia, a wholly-owned subsidiary of the Salzburger Aluminium Group, will commence production at its new site in the SIHOT industrial park near Trencin. The company invested around 1.5 million euros in the relocation and expansion of the new site. The new plant, located near the...
Slim Aluminium S.p.A. has receivedd ASI Performance Standard certification for the manufacturing of aluminium alloys rolled products by remelting, casting, hot and cold rolling and heat treatments. The plant, which has a capacity of approximately 95,000 tons per year, is vertically integrated, with...
