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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Rio Tinto has reportedly entered an agreement with Amaero, a leader in metal additive manufacturing, for providing with the first commercial batch of high-performance aluminium-scandium alloy. The product will be supplied from the Rio Tinto Fer et Titane (RTFT) metallurgical complex in Canada, the first-ever North American supply source of scandium oxide. Under the agreement, Rio Tinto will deliver the alloy billets made of responsibly produced low carbon aluminium from hydro-powered Canadian smelters and high purity scandium oxide from RTFT metallurgical complex, where high purity scandium oxide is extracted from the waste streams of titanium dioxide production without the need for any additional mining. Amaero will process the billets into powder for 3D printing and offer to the market...
Hydro announced that four aluminium manufacturing plants in the DACH region of Europe are now certified against the ASI Performance Standard and ASI Chain of Custody Standard. Hydro’s extrusion plants in the DACH region, offers products in Austria, Germany and Switzerland. The facility manufactures extruded aluminium profiles, and offers surface treatment and added-value operations to transform the profiles into the solutions that meet customer specifications in the transportation, automotive, general engineering, and building and construction industries. “This is a key part of our sustainability agenda and in our strategy to help customers document that they offer aluminium products that are sourced and produced responsibly throughout the value chain,” says Sacha Brandt, vice president...
Hindalco Industries Limited has again cut its aluminium products and aluminium ingot prices with effect from Tuesday, March 9, after an intermittent hike on Saturday, March 6. Hindalco has reduced its aluminium wire rod price by INR 2,000 per tonne or 1.02 per cent from INR 195,850 per tonne to INR 193,850 per tonne. Hindalco’s aluminium billets price has come in at INR 189,850 per tonne, registering a downfall of INR 2,000 per tonne or 1.04 per cent from INR 191,850 per tonne on March 6. With the latest cut, Hindalco’s aluminium ingot price is hovering around INR 182,750 per tonne compared to INR 184,750 per tonne on Saturday. Hindalco generally links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which on Monday,...
Aluminium Stewardship Initiative has certified Assan Alüminyum against Provisional Performance Standard Certification for remelting and rolling activities at the Tuzla and Dilovasi production facilities in Turkey. The facilities, with an annual production capacity of 300,000 tonnes of flat-rolled aluminium, produce coil and sheet, foil, and pre-painted aluminium products destined for packaging, distribution, construction, consumer durables, automotive, and HVAC applications. On receiving the certification, Göksal Güngör, Assan Alüminyum General Manager, said: “Sustainability is one of our core values at Assan Alüminyum, among reliability, flexibility and innovation. We commit to adopting global sustainability targets as a business principle, not as an obligation. This is why we are very...
Ireland enjoyed a steady economic growth post the EU-IMF bailout in late 2013 and the country placed itself as one of the fastest-growing European economies. In 2020, the Irish economy suffered from the successive lockdowns put in place to contain the COVID-19 pandemic, while the GDP growth fell to -3% from 5.9% in 2019. According to IMF estimates, the economy is set to bounce back in 2021 (+4.9%) and 2022 (+4.3%), supported by fiscal stimulus and liquidity-boosting measures, subject to the post-pandemic global economic recovery and the conclusion of the post-Brexit transition period. The island nation in the North Atlantic region has recorded 66,852 tonnes of aluminium plates, sheets and strips importation during 2018-19 and the amount expended for the import remained at $143.83 million....
Hindalco Industries Limited has hiked its aluminium products price after cutting it on Friday. With effect from Saturday, 06 March 2021, aluminium billets price stands at INR 191,850 per tonne, an increase of INR 1,500 per tonne from INR 190,350 per tonne on March 5. The company’s aluminium ingot and wire rods prices are currently hovering at INR 184,750 per tonne and INR 195,850 per tonne as of Saturday, 06 March 2021. This marks an increase of 0.79% each from INR 183,250 per tonne and INR 194,350per tonne on March 5. 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...
Hindalco Industries Limited has cut its aluminium products price after hiking it for the second time in a row. With effect from Friday, 05 March 2021, aluminium billets price stands at INR 190,350 per tonne. This is down by INR 2,750 per tonne from INR 193,100 per tonne on March 4. The company is selling its aluminium ingot and wire rods prices at INR 183,250 per tonne and INR 194,350 per tonne as of Friday, 05 March 2021, marking a decline of 1.42 per cent each from INR 186,000 per tonne and INR 197,100 per tonne on March 4. 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...
Aluminium component supplier CastAlum will invest £5 million in its aluminium casting plant IN Welshpool, Powys. The expansion will allow the company to expand production capacity. CastAlum, which supplies car brands such as Porsche, Mercedes, and BMW, will install two new, state-of-the-art manufacturing cells at its plant. This will create employment opportunities for 116 people. Welsh Government’s SMART Innovation programme offers technical support for a number of projects. The Government’s SMART Cymru fund worth £100,000 has been co-invested in new technology. Peter Radcliffe, chairman of CastAlum Ltd, said: “Despite all of the adverse news surrounding the pandemic over the last 12 months we have been working hard to secure long term future business for Castalum and Welshpool. “Our...
The Norwegian aluminium company Norsk Hydro ASA has set foot to sell its rolling division to KPS Capital Partners for EUR 1,380 million on an enterprise value basis. This is considered as a major step on Hydro's agenda to enhance profitability and drive sustainability. The transaction comprises seven plants, one R&D centre, global sales offices, and around 5,000 employees of which 650 employees in Norway and the remaining mainly in Germany. Hilde Merete Aasheim, President and CEO, Hydro said: “Hydro launched a strategic review of our Rolling business area in 2019, along with other strategic measures towards profitability and sustainability. We have now concluded, and our Rolling business will continue its development under new ownership. This is a good solution for both Hydro and for the...
Aluminium Stewardship Initiative announced on Friday, March 5, that it certified Chalco Ruimin Co., Ltd.’s two plants in Fuzhou, China, against Chain of Custody Standard Certification for remelting and casting, hot rolling, cold rolling, and finishing activities. The company produces rolled aluminium materials dedicated to metal container packaging, high-end lithographic, electronics and electrical appliances, and transportation. On receiving the ASI CoC Standard Certification, Feng Cai, Chairman of Chalco Ruimin Co., Ltd., commented: “Chalco Ruimin always focuses on providing our customers quality services, relying on the professional equipment and scientific deployment of alloy. As an important role of the Chinese aluminium industry, we have a responsibility to make efforts for the...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide full year 2020 results. Net sales stood at $1,173 million compared to $1,514 million in the prior year period. Value added revenue dropped to $697 million from $856 million in the prior year period, reflecting a 20% decrease in shipments primarily reflecting the COVID-19 impact on demand for the Company’s aerospace/high strength applications in the second half 2020. Adjusted EBITDA was $154 million, a decrease of $59 million compared to the prior year period. Reported operating income came in at $81 million. Reported net income stood at $29 million in 2020. Excluding the impact of non-run-rate items, adjusted net income was $48 million or $3.01 per diluted share for...
Shanghai Metals Market data found a further rise in China’s 6063 aluminium billet inventories, although slower than the previous week, across the five major consumption areas, including SHFE warrants. Data shows the inventories have grown by 7,000 tonnes over the week, ending on Thursday, March 4, to peg at 246,300 tonnes. Last week, on February 25, aluminium billet stocks stood at 239,300 tonnes, increasing by 25,100 tonnes from the week ago. The growth in inventories narrowed this week as the arrivals of cargoes were relatively low. The chart below indicates the current status of aluminium billet inventories across China in more details: In Wuxi and Foshan, aluminium billet inventories have seen a hike of 5,400 tonnes and 5,300 tonnes to come in at 59,200 tonnes and 114,300 tonnes,...
Vedanta Limited has increased its aluminium products and aluminium ingot prices for the second day in a row, with effect from Thursday, March 4. The price of Vedanta's aluminium wire rod has been raised by INR 1,250 per tonne to INR 192,500 – 200,000 per tonne, in comparison with INR 191,250 – 198,750 per tonne on March 3. Vedanta has also expanded its aluminium billets price by INR 1,250 per tonne from INR 191,750 per tonne on March 3 to INR 193,000 per tonne on March 4. The company’s aluminium ingot price is ranging between INR 185,000 – 198,000 per tonne as of March 4, growing by INR 1,250 per tonne as well from INR 183,750 – 196,750 per tonne on the previous day. Vedanta links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal...
The Ministry of Finance, Govt. of India declared the implementation of the RoDTEP Scheme and extending the benefit to all export goods w.e.f 1 st April 2021. The announcement is considered a huge relief for exporters post-withdrawal of the MEIS and will deliver a much-needed push to boost Indian exports. Although, the undecided of notifying the sector-wise remission rates under the RoDTEP Scheme is framing a precarious situation and uncertainty for Indian exporters due to uncertainty in regards to the pricing of goods and thereby affecting Indian exports. The 2021-22 Indian Union Budget has kept a provision of INR 13,000 crore for RoDTEP, which has been exceptionally curtailed from INR 50,000 allocation for the RoDTEP Scheme when initially it was announced in September 2019 by the Finance...
Hindalco Industries Limited has hikes its aluminium products price for the second time in a row. With effect from Thursday, 04 March 2021, aluminium billets price stands at INR 193,100 per tonne, marking a growth of INR 2,000 per tonne from INR 191,100 per tonne on March 3. The company’s aluminium ingot and wire rods prices are currently hovering at INR 186,000 per tonne and INR 197,100 per tonne as of Thursday, 04 March 2021, an increase of 1 per cent each from INR 184,000 per tonne and INR 195,100 per tonne on March 3. 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...
On Tuesday, March 2, the United States Commerce Department levied final anti-dumping duties on common alloy aluminium sheet import from 18 countries, including up to 242.8 per cent on Germany and 4.83 per cent on Bahrain. The news came after the US Commerce Department announced the duties following Rhode Island Governor Gina Raimondo’s win as the new US Commerce Secretary in an 84-15 U.S. Senate vote. The anti-dumping case and anti-subsidy countervailing duty case were initiated by the Trump administration in March 2020. Germany, the largest exporter of aluminium sheet to the US, had the highest anti-dumping rate in the range of 49.4 per cent to 242.8 per cent. In 2019, Germany exported $286.6 million worth aluminium sheet to the United States. Bahrain, the second-largest exporter with...
Hindalco Industries Limited revised its aluminium ingot and aluminium products prices on two consecutive days – March 2 & March 3. On Tuesday, March 2, the company reduced its aluminium wire rod and aluminium billets prices by INR 3,500 per tonne or 1.8 per cent to INR 193,100 per tonne and INR 189,100 per tonne, respectively, from INR 196,600 per tonne and INR 192,600 per tonne on Friday, February 26. However, on the next day, March 3, Hindalco’s aluminium wire rod and aluminium billets prices rebounded by INR 2,000 per tonne to settle at INR 195,100 per tonne and INR 191,100 per tonne, respectively. Hindalco’s aluminium ingot price also saw a dip of INR 3,500 per tonne or 1.9 per cent on March 2 from INR 185,500 per tonne on February 26 to INR 182,000 per tonne. However, on March 3, it...
The USA based Ampal, Inc., a fully-owned subsidiary of U.S. Metal Powders, Inc. and Lehigh University’s Loewy Institute in Pennsylvania, USA, has accomplished the Phase 1 Ben Franklin project on the ‘Optimization of Aluminum Alloy AA6061 powder for Selective Laser Melting Process’. U.S. Metal Powders, Inc. has been supplying aluminium alloy powders produced by air and inert gas atomization to the additive manufacturing industry for several years. The demand for aluminium alloys has been on the rise and AA6061 (Al-Mg-Si) is one of the most sought after alloy systems in the AM industry, with applications in several industries including the automotive and aerospace sectors. However, the production of sound parts using AA6061 alloy powder in Selective Laser Melting has been challenging due to...
