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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Shangqiu Yangguang Aluminium Product Co., Ltd. has received Aluminium Stewardship Initiative (ASI) Performance Standard certification for its plant in Henan Province, China. The casthouse and material conversion facility manufactures aluminium alloy plate, sheet, and strip. Fiona Solomon, Chief Executive Officer at ASI said, “Congratulations to Shangqiu Yangguang Aluminium Product Co., Ltd. on achieving this ASI Performance Standard Certification. The Shenhuo Group has followed through on their plan to continue certifying their operations, following on the ASI Performance Standard and Chain of Custody Standard certifications at their flagship foil plant in Shanghai. This reinforces the overall momentum we are seeing for a sustainable aluminium industry in China.” The ASI Certification...
Vedanta Limited has continued to increase its aluminium products and aluminium ingot prices with effect from Friday, February 19. The company’s aluminium wire rod price has come in at INR 187,250 – 194,750 per tonne, up significantly by INR 3,750 per tonne or 2.04 per cent from INR 183,500—191,000 per tonne on February 18. Vedanta’s aluminium billets price has also been raised by INR 3,750 per tonne from INR 184,000 per tonne on February 18 to INR 187,750 per tonne on February 19. With the latest hike, aluminium ingot price has come in at INR 179,750 – 192,750 per tonne in comparison with INR 176,000-189,000 per tonne on the previous day. The Indian aluminium producers generally link aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal...
Kosei, the global wheel and auto components manufacturer has preferred Rusal for the supply of high-quality Primary Foundry Aluminium Alloys, as announced by the leader of the global aluminium industry. Established in 1950, Kosei designs and manufactures wheels, auto parts and components. It has 14 facilities operating in seven countries with a truly international reach. For the past thirty years, RUSAL has worked closely with the Company, delivered primary foundry aluminium alloys to Kosei factories in India, Japan, Thailand and the USA. RUSAL is among the world’s leading producers of low-carbon aluminium. Its ALLOW brand of low-carbon aluminium comes with an average carbon footprint of 2.4 tonnes of CO2 equivalent per tonne of aluminium produced (Scope 1&2, at smelter) which is several...
Hindalco Industries Limited has continued to hike its aluminium products price. With effect from Friday, 19 February 2021, wire rods price stands at INR 191,100 per tonne. This is an increase of INR 3,750 per tonne from INR 187,350 per tonne on February 18. The company is selling its aluminium billets and aluminium ingot price at INR 187,100 per tonne and INR 180,000 per tonne as of Friday, 19 February 2021, down 2 per cent each from INR 183,350 per tonne and INR 176,250 per tonne on February 18 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,...
SMS group has announced the delivery of new cold rolling mill for aluminium strips to BaoWu Aluminium Technology Limited. The mill can process aluminium strips with a maximum width of 2,350 millimeters. The facility is planned for an annual capacity of about 120,000 tons. The smallest final thickness of the finished strips is 0.15 millimeters. The cold rolling mill produced the first coil at the company's site in Henan, China. The Chinese aluminium supplier BaoWu Aluminium Technology can roll a wide range of aluminium grades and alloys on the plant. SMS delivered the complete mechanical, hydraulic and fluid power equipment including a Multi Plate® filter of size MPF3-16. “The quality-determining rolling technologies include CVC®plus in combination with positive and negative work and...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China increased by 48,700 tonnes on higher cargoes arrivals. The stocks stood at 214,200 tonnes as of Thursday, February 18. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Huzhou increased the most. The stocks came in at 31,000 tonnes as of Thursday, February 18, a jump of 13,000 tonnes from the pre-holiday level. The aluminium billets stocks in Wuxi and Changzhou stood at 45,000 tonnes and 22,500 tonnes, an increase of 9,800 tonnes and 6,400 tonnes from last week. Aluminium billet inventories in Foshan and Nanchang rose 12,100 tonnes and 7,400 tonnes to stand at 90,000 tonnes and 25,700...
Gränges has reportedly received the Provisional Performance Standard Certification from Aluminium Stewardship Initiative for casting and rolling operations at its Finspång AB plant in Sweden. The facility has been producing rolled strips and sheets of aluminium destined for the automotive sector. It currently has an annual production capacity of 100,000 tonnes. The news came today, on February 18, after the Aluminium Stewardship Initiative announced that it certified the Gränges facility in Finspång with Provisional Certification under the ASI Interim Policy regarding Audits, Audit-Related Travel and Coronavirus. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate Gränges on achieving ASI Performance Standard Certification with Provisional status at their Finspång...
Hindalco Industries Limited has raised its aluminium products price today. With effect from Thursday, 18 February 2021, wire rods price stands at INR 187,350 per tonne, an increase of INR 2,000 per tonne from INR 185,350 per tonne on February 11. The company is selling its aluminium billets at INR 183,350 per tonne as of Thursday, 18 February 2021. This is up from INR 181,350 per tonne on February 11. Aluminium ingot price is currently hovering at INR 176,250 per tonne, representing a hike of INR 2,000 per tonne from February 11. 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....
On 17 th February 2021, the global leader in aluminium rolling and recycling, Novelis Inc. has unveiled its strongest automotive aluminium product to date, Novelis AdvanzTM 7UHS-s701. The technologically advanced, ultra-high-strength material is now available commercially to the global automotive industry. The new product offers lightweighting capabilities of up to 40% over existing ultra-high-strength, hot-formed steel solutions. It is designed for safety-critical structural applications in passenger vehicles that demand high in-service strengths such as A and B pillar reinforcements and side-impact door beams. Commercial vehicles and electric vehicles will also benefit from using this material, as it offers mass reduction to enable increased payload and longer battery range, while still...
The United States aluminium crude metal and alloys imports from the United Arab Emirates rose in November 2020 after two consecutive months of decline, found the US Geological Survey. Data shows the imports in November stood at 33,900 tonnes, up by 10,600 tonnes or 45.49 per cent month-on-month. In October, the imports were at 23,300 tonnes, registering a downfall of 26.73 per cent from 31,800 tonnes in September. The United States aluminium semis imports from the UAE also dwindled in September by 5.64 per cent from 33,700 tonnes in the previous month. On a year-on-year calculation, the United States aluminium crude metal and alloys imports from the UAE in November 2020 stood down by 11,600 tonnes or 25.49 per cent from 45,500 tonnes. During January-November, the United States aluminium...
On 26 th January 2021, OP Financial Group, one of the largest financial companies in Finland stated that it expects the Finnish economy to grow by 3% in 2021 and by 2.6% in 2022. Reijo Heiskanen, OP Financial Group's Chief Economist said: "The economic outlook is very clear. There will be stronger recovery as the COVID-19 pandemic wanes as a result of large vaccination coverage. Of course, there is still uncertainty related to the development of the pandemic itself. However, uncertainty concerning the economy will grow only after the boost following the recovery from the COVID-19 crisis is nearly over.” The Northern European nation’s import of aluminium tubes and pipes during 2018-19 recorded at 2321 tonnes and the expenditure amounted towards the import was $9.61 million. The import for...
Aluminium powder has a range of uses at both the commercial and individual levels, which includes making explosives and fireworks, metallic paints, fingerprint powder at crime scenes, rocket fuels, etc. Slovenia’s macro-economic outlook projected recovery in 2021 and the economy is expected to return to its end-2019 level in 2022. Priorities for Prime Minster Janez Jansa’s government are to win the fight against the coronavirus epidemic and revive the economy after the deep contraction in 2020. The central European nation known for its mountains has been reported with the export of 6019 tonnes of aluminium powder and flakes during 2018-19 and the export for 2020 stood at 2853 tonnes. Slovenia’s export of aluminium powder and flakes in 2018 was recorded at 3195 tonnes and the revenue...
On February 15, 2021, Maan Aluminium has reported net sales/income from operations at INR 96.53 crore for the December quarter in 2020. This is up by 3.63 per cent quarter-on-quarter from 93.15 crore but down by 23.45 per cent year-on-year from INR 126.10 crore. Net profit during the same quarter stood at INR 4.57 crore, reflecting an increase of 36 per cent over the quarter and 251.54 per cent on year. In the September quarter of 2020, Maan Aluminium’s net profit was at INR 3.36 crore and in the December quarter of 2019, it was at INR 1.30 crore. EBITDA stood at INR 7.97 crore at the end of the December quarter of 2020, up 107.01 per cent from INR 3.85 crore during the corresponding period last year. Maan Aluminium’s EPS also increased from INR 1.92 in the December quarter of 2019 to INR...
The United States exports of aluminium plates, sheets and bars to Canada decreased in November 2020 after two consecutive months of hike, found the latest US Geological Survey data. In November, the exports stood at 25,200 tonnes, down by 3,600 tonnes or 12.5 per cent month-on-month. In October, the exports came in at 28,800 tonnes, reflecting an increase of 1,500 tonnes or 5.49 per cent from 27,300 tonnes in September. The exports in August were at 25,700 tonnes, meaning September saw a month-on-month rise of 6.22 per cent. On a year-on-year basis, the United States aluminium flat rolled products exports to Canada stood down by 6.32 per cent from 26,900 tonnes. The United States total aluminium plates, sheets and bars exports amounted to 56,000 tonnes in November 2020, recording a...
Hindalco Industries Limited has hiked its aluminium products price by INR 1750 per tonne. With effect from Thursday, 11 February 2021, wire rods price stands at INR 185,350 per tonne, an increase of 0.95%from INR 183,600 per tonne on February 10. The company is selling its aluminium billets and aluminium ingot at INR 181,350 per tonne and INR 174,250 per tonne as of Thursday, 11 February 2021, representing a hike of INR 1750 per tonne each from February 10. 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, excluding those of its US arm Novelis Inc,...
According to Dubai Industrial City, Dubal Holding’s decision to acquire 60% stake in Dubai-based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy. The deal upgrades emirate’s position as investor-friendly manufacturing and logistics hub. UAE, the largest manufacturing and logistics hub, home to OSE Industries, praised the deal as a reflection of the growth opportunities and underlying strength in Dubai’s industrial sector. In 2015, OSE Industries initiated its manufacturing operations and presently, it exports Multiport Extrusions (MPE), precision tubing and industrial piping across the Middle East and North Africa, Asia, Europe and the US. OSE Industries clientele includes a very well-known US electric carmaker, as well as major players in the...
Bharat Forge, one of the leading aluminium forging house has reported a loss of INR 210.44 crore for the December’20 quarter compared to a profit of INR 40.40 crore in the comparable quarter in the previous year. The company stated that it had to deliver INR 274.26 crore during the quarter towards a fine imposed on the company’s German subsidiary in an anti-trust case settlement by Germany’s competition regulator. In December’20, a fine of €32 million was imposed and has to be paid over the next five years. Furthermore, the company also had to spend INR 5.47 crore on VRS for employees at Mundhwa and Satara plants and around INR 19.71 crore for manpower optimisation in overseas subsidiaries, taking the total exceptional cost to INR 299.44 crore. The company’s consolidated revenue was...
Aluminium Stewardship Initiative has welcomed Golden Aluminum Inc. as a new Production & Transformation member, bringing the total number of ASI members to 156. Golden Aluminum Inc. was formed in 1980 by Coors Brewing Company (Coors) to augment the latter’s recycling efforts of beverage cans. Golden Aluminum was tasked to develop a post-consumer recycled aluminium alloy and process to supply Coors its requirements for aluminium can sheet. Golden Aluminum became the first aluminium rolling mill in the world to successfully manufacture rigid container sheet via its patented continuous block casting mini-mill process. Today, utilizing energy efficient continuous casting combined with high scrap utilization, Golden enjoys a strong niche position as a supplier of sustainable flat rolled...
