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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On 11 th February 2021, the law firm Schultze & Braun announced, Rusal, the world's leading aluminium producer is taking over the Rheinfelden Aluminium group. This will secure the future of the century-old German aluminium manufacturer. Aluminium Rheinfelden applied for preliminary insolvency proceedings in the autumn of 2020 and laid-off 55 employees out of 256. Following the initial signature last week, an investor had been found for the group and that it is the Russian Aluminium firm Rusal, which is responsible for the restructuring management, has now received official confirmation. On 11 th February 2021, representatives from Aluminium Rheinfelden and Rusal signed an agreement of purchase with which Rusal would like to take over the business operations and assets of Aluminum...
Hydro’s underlying EBIT in the fourth quarter of 2020 increased to NOK 1,449 million from NOK 560 million during the same period last year, driven by improved margins and volumes in downstream business and lower raw material costs in upstream but slightly offset by additional maintenance-related costs in bauxite and alumina. Hydro found global industrial production during the fourth quarter of 2020 bounced back from its contraction earlier this year, resulting in the year ended with an aluminium surplus of around 3 million tonnes in comparison with 5 million tonnes in early 2020. “Hydro’s volume growth outpaced the market development in both Rolling and Extrusions in the fourth quarter 2020, driven by recovery in key segments such as automotive, can, building and construction. Within...
Three Constellium plants in Germany have received the Chain of Custody Standard Certification from Aluminium Stewardship Initiative. One is Constellium’s extrusion plant at Singen and the other two are automotive structure production sites at Gottmadingen and Dahenfeld. The news came on Thursday, February 11, after ASI announced that it successfully certified those three plants that manufacture automotive structures and extruded products destined for rail, electrical, and mechanical engineering markets. Earlier in October 2020, the facilities had already achieved ASI Performance Standard Certification. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate Constellium on their Chain of Custody certification at these new three facilities. We’re pleased to see the...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China increased by 37,400 tonnes on lower shipments due to the Chinese New Year holiday. The stocks came in at 165,500 tonnes as of Wednesday February 10. Aluminium billet shipments stood at 14,000 tonnes this week. Shipments dropped by 13,300 tonnes. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Foshan increased the most, standing at 77,900 tonnes as of Wednesday, 10 February 2021. That was up 15,100 tonnes from last week. The stocks in Wuxi and Changzhou stood at 35,200 tonnes and 16,100 tonnes, an increase of 12,700 tonnes and 2,900 tonnes from last week. Aluminium billet inventories in...
On 10 th February 2021, the non-profit organization focused on providing innovative implementation-ready solutions to advance the adoption of aluminium automotive body sheet, Alumobility announced the appointment of Mark White as Executive Director. Mark White will lead the organization, which was recently founded by Constellium and Novelis, providing strategic guidance to the ecosystem's marketing and technical work streams and he will report to the board of directors. A hard-core professional with more than 30 years of automotive experience, predominately at Jaguar Land Rover, White has held multiple leadership roles in body engineering, design, research, vehicle manufacturing processes and electrification. Throughout his career, He has focused on reducing overall vehicle weight,...
Hydro has supplied 400 tonnes of Hydro CIRCAL to HELL ENERGY for beverage can production. Can production at HELL ENERGY's subsidiary in Hungary, Quality Pack, has started and will be available in stores in mid-February. Hydro CIRCAL is an aluminium strip which contains a high ratio of post-consumer recycled aluminium from cans. It minimizes energy consumption in the manufacturing phase while maintaining the same quality, importantly, “closing the loop” in can production and recycling. In July 2020, Hydro entered into a strategic partnership with drinks producer HELL for the supply of Hydro CIRCAL recycled aluminium. That marked the entrance of Hydro CIRCAL into the beverage can industry. "This is an important milestone on our journey to supply more and more can material with an...
Aluminium Stewardship Initiative has certified Alu-Met GmbH against Performance Standard Certification for re-melting and casthouse operations at Aluminium GmbH Nachrodt plant in Nachrodt, Germany. The facility has a total annual capacity of 75,000 tonnes of extrusion billets of 6000 alloy series made from a feedstock primarily composed of recycled aluminium. The news came after ASI declared it while adding that the plant has received Provisional Certification under the ASI Interim Policy regarding Audits, Audit-Related Travel, and current COVID-19 situation. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate Alu-Met on the ASI Performance Standard certification with provisional status of their Aluminium GmbH Nachrodt facility. This second Performance Standard...
India is rapidly moving to become a global hub for automotive manufacturing, but still, some key components which are required in manufacturing processes are imported. Driving towards a change, Vedanta Limited, India’s leading aluminium producer, announced the formal launch of aluminium cylinder head alloy, a vital raw material for manufacturing cylinder heads and other automotive components. In the aluminium product line of the company, it is the latest offering that provisions to various raw material requirements of the automotive industry. The Cylinder Head Alloy delivers advantages to material design which support automakers to increase the efficiency of internal combustion engines for improved performance on emission control, in line with BS-VI and CAFE (Corporate Average Fuel...
On 10 th February 2021, the metals Flagship Company of Aditya Birla Group, Hindalco Industries reported a consolidated profit after tax at INR 1,877 crore for the Q3 ended 31 st December’20, which is up by 77% Y-o-Y and 385% consecutively. Hindalco posted a consolidated profit of INR 1,062 crore in Q3 FY20 and INR 387 crore in Q2 FY20. Novelis and India Aluminium business drove the group’s strong performance, supported by higher volumes and better product mix, lower input costs, stability in operations and cost-saving actions. “The consolidated revenue from operations leapt by 20% to INR 34,958 crore in Q3 FY21 when compared to INR 29,197 crore in the same period previous year”, Hindalco Industries said in a regulatory filing. Consolidated business EBITDA surged by 40% Y-o-Y to INR 5,242...
Hydro announced that its entire aluminium extrusion operations in Europe are now certified against the Aluminium Stewardship Initiative (ASI) Performance Standard. This came after Hydro automotive components plant in the United Kingdom received ASI certification. “This is a remarkable achievement for our organization in strengthening our position as the industry leader in sustainable business operations,” said executive vice president Paul Warton, who leads the business area Hydro Extrusions. “But first I would like to congratulate our team in Gloucester on their ASI certification.” Hydro Aluminium UK Ltd in Gloucester covers the site’s production of aluminium solutions, including fabrication, surface treatment and assembly. Fabrication activities include cutting, stretch bending and CNC...
The economy of Iceland is predicted to recover in 2021, as the global economy reopens and international travel resumes. Although there is uncertainty over the evolution of the pandemic lingers and clouds the outlook, posing a key downward risk to recovery. As per FocusEconomics panellists, the economy is expected to grow by 4.7% in 2021. The Nordic island nation’s import of aluminium plates, sheets and strips during 2018-19 was recorded at 4610 tonnes and the expenditure for the import stood at $16.33 million. The import for 2020 remained at 2473 and the expenditure stood to $12.08 million. However, when the import volume and expenditure of 2020 got assorted with the existing two years, it denotes 7083 tonnes and $28.41 million respectively. Iceland’s import of aluminium plates, sheets...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices for the third time in a row, albeit slower than the previous time, with effect from Tuesday, February 9. Hindalco’s aluminium wire rod price has come in at INR 181,850 per tonne after being raised by INR 1,250 per tonne. On Saturday, February 6, the aluminium wire rod price was at INR 180,600 per tonne, up by INR 2,250 per tonne from the previous day. Hindalco has increased its aluminium billets price by INR 1,250 per tonne as well from INR 176,600 per tonne on February 6 to INR 177,850 per tonne on February 9. Hindalco’s aluminium ingot price is hovering around INR 170,750 per tonne as of February 9 compared to INR 169,500 per tonne on February 6. This also reflects an increase of INR 1,250 per...
Argentina had an estimated decline in GDP of 11.8% in 2020, primarily due to the impacts of the COVID-19 pandemic. The nation had one of the strictest and lengthiest lockdowns in the world and, although the pandemic didn't cost as many lives in Argentina as it did in other large Latin American countries. The second-largest economy of South America’s is expected to rebound in the coming years, with the IMF's October 2020 estimates predicting growth of 4.9% for 2021 and 2.5% for 2022, subject to post-pandemic global economic recovery. In its most recent January 2021 update of the World Economic Outlook, the IMF has revised its GDP growth projections for Argentina to 4.5% in 2021 and 2.7% in 2022. The Southern American nation’s import of aluminium tubes or pipes fittings was recorded at 929...
Shanghai Metals Market data showed 6063 aluminium billet inventories increased by 27,400 tonnes this week, ending on Thursday, February 4, across five major consumption areas, including SHFE warrants. The stocks thus came in at 128,200 tonnes compared to 100,700 tonnes last week, mainly attributable to lower downstream demand ahead of the Chinese New Year (CNY) holiday. The chart below indicates the current status of aluminium billet inventories across China in more details: Foshan has the highest growth in aluminium billet inventories of 13,500 tonnes to stand at 62,800 tonnes this week, followed by the hike in Wuxi and Nanchang of 4,700 tonnes to come in at 22,600 tonnes and 15,600 tonnes, respectively. In Huzhou, aluminium billet inventories have grown by 3,000 tonnes to peg at 14,000...
Bulgarian manufacturer of rolled and extruded aluminium products ‘Alcomet AD’ posted a standalone net loss of 3.8 million levs (€1.8 million) in 2020 from a net profit of 8.6 million levs in 2019. In an annual financial statement, Alcomet stated that the revenue generation shrunk to 348.1 million levs from 352.1 million levs in 2019. Alcomet's sales rose by 10.7% to 65,739 tonnes in terms of volume, as sales of extruded products increased by 16.6% to 26,491 tonnes, while sales of rolled products added 7.6% to 46,288 tonnes. In 2020, the company’s largest export market was Germany, with a 23.4% share of all sales, followed by Poland and Italy with 14.5% and 13.5%, respectively. However, the output volume increased by 7% to 73,512 tonnes in 2020. The volume of extruded products rose to...
On Wednesday, February 3, Novelis Inc., the world leader in aluminium rolling and recycling, reported a net income attributable to common shareholder of $176 million in the third quarter of the financial year 2020-21, up 64 per cent year-on-year. The company’s net income from continuing operations stood at $195 million, 82 per cent higher than in the same period last year. Net sales increased by 19 per cent over the year to $3.2 billion in the third quarter of fiscal 2021, primarily due to a 17 per cent increase in total aluminium shipments and higher average aluminium prices. In the same quarter, Novelis’ flat rolled products shipments increased to 933,000 tonnes, reflecting the addition of acquired Aleris business and robust demand across the end-user markets, particularly beverage can....
The economy of Belarus was already grappling to power growth before both the corona pandemic and the political protests following the August’20 presidential election. As forecasted, the GDP is supposed to grow by just 2% in 2021 amid country-wide protests and Belarus's isolation on the international stage. Belarus will require further financial support from Russia to maintain macroeconomic and financial stability. The Eastern European nation’s import of aluminium bar rods and profiles during 2018-19 was recorded at 23, 160 tonnes and the expenditure occurred for the import stood at $93.71 million. The import for 2020 remained at 14,887 tonnes and the expenditure accounted for $92.23 million. However, when the import volume and expenditure for 2020 gets totalized, it reveals 38,047 tonnes...
On 2 nd February 2021, the leading auto components manufacturer, Endurance Technologies declared its commencement of commercial production at the Company's new plant situated at SIPCOT Industrial Park in Sriperumbudur, Tamil Nadu. The new plant will manufacture aluminium die-castings and carry out the integration of disc brake components with control brake modulators. However, the plant has an annual installed capacity to produce 9,000 metric tonnes of aluminium die-casting components for application in two and four wheelers and the required infrastructure for machining of such castings, and to integrate 720,000 sets of disc brake components for application in two-wheelers. On 2 nd February 2021, the integration of disc brake components with control brake modulators has commenced and...
