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 further reduced its aluminium products and aluminium ingot prices, albeit slower than the previous time, with effect from Wednesday, February 3. The company reveals that it is now selling its aluminium wire rod price at INR 176,850 per tonne compared to 178,600 per tonne on Friday, January 29. This marks a decrease of INR 1,750 per tonne or 0.98 per cent in Hindalco’s aluminium wire rod price. With the latest cut, Hindalco’s aluminium billets price has come in at INR 172,850 per tonne, also down by INR 1,750 per tonne from INR 174,600 per tonne on January 29. The company has reduced its aluminium ingot price by INR 1,750 per tonne as well from INR 167,500 per tonne on January 29 to INR 165,750 per tonne on February 3. Hindalco Industries Limited links the...
The metal segment of En+ Group, Rusal, the world's largest producer of low carbon aluminium, has announced its partnership agreement with Hodaka, a Taiwanese innovative producer of high-quality aluminium alloys, to supply aluminium products with low carbon footprint. RUSAL and Hodaka partnership drives together the technological excellence of both companies to develop a new generation of products using low-carbon aluminium under RUSAL's ALLOW brand. However, in their operations, both companies prioritize sustainable development, compliance with international standards, and adherence to the best available production practices. In 2002, Hodaka was founded in Taiwan, which is dedicated to the production of high-quality billets and precision extrusions and supplies top-quality aluminium...
On Tuesday, February 2, Emirates Global Aluminium, the world’s biggest ‘premium aluminium’ producer, announced that it secured BMW as the first customer for its solar-powered CelestiAL aluminium. According to the contract, EGA will supply 43,000 tonnes of the UAE’s first-of-a-kind aluminium, produced using solar power, to BMW every year. Using solar aluminium from EGA will help BMW reduce around 222,000 tonnes of CO2 emissions per year. EGA has been supplying aluminium to BMW since 2013 worth a three-digit million-euro sum for the use in German carmaker’s engines and other parts. EGA’s CelestiAL aluminium will meet half the annual requirements of BMW Group’s only light metal casting facility in Europe - Plant Landshut. Last year, Plant Landshut produced 2.9 million cast metal components,...
According to the Shanghai Metals Market survey, aluminium processors’ operating rates declined last week by 3.6 percentage points from a week ago, primarily attributing to less operation ahead of the Chinese New Year (CNY) holiday and tight logistics. Construction extrusion, wire and cable, and secondary aluminium industries saw a bigger decline as their producers started closing down activities for the forthcoming holiday and due to stringent raw material supply. Aluminium plate, strip, foil and industrial extrusion producers, on the other hand, had relatively abundant orders and therefore maintained stable production. Going ahead, the overall decline in operating rates at aluminium processing enterprises will expectedly expand further as most of the small and medium-sized companies will...
The English company Aspen Pumps based in Hailsham has acquired Malaysian-based manufacturing company of high-end aluminium and metal-based components for the lighting, air conditioning and electrical industries, LNE Group. LNE was founded in 2002 by an Englishman named Mark Rampling, while the company is managed by Europeans and it employs over 50 staff in two factories in Kuala Lumpur. The company produces, sources and assembles products for export to clients in Europe, Australasia, USA, Middle East, and South-East Asia. Aspen said in a statement: “The acquisition of LNE increased Aspen’s manufacturing capabilities and gives the company a foothold in the rapidly growing Asia Pacific region. It also said that, as part of the transaction, Mark Rampling had committed to remain with the...
The deadline granted for takeover bid to the French automotive foundry MBF Aluminium in Saint-Claude (Jura) which has been in receivership position since 4th November’20, has been postponed from 20th January to 9th February by the Dijon commercial court. In the recent weeks, four interested candidates came to visit the facility site, while no takeover proposal came up as of yet, but two letters of intent have been submitted. One from the American group Seiko, which would retain only 167 of the 266 employees, the other from the French competitor GMD, which took three more weeks to build its own. Adeline Munarolo, Director General, MBF Aluminium said: “By GMD's admission, it was the government that supported their visit.” The study by the Roland Berger firm suggested that the French sector...
According to the International Monetary Fund (IMF), the Croatian authorities should find a balance between short-term priorities of economic support amid the COVID-19 pandemic and medium-term priorities of restoring fiscal space and raising productivity and growth through green and digital public investment. "Despite the difficulties of this year, Croatia is faring better than many other countries with a similar degree of tourism-dependence. Rises in unemployment have been contained thus far thanks to strong policy support. Yet, significant challenges persist due to the resurgent pandemic," said by the head of the IMF team in a statement. The nation at the crossroads of Central and Southeast Europe on the Adriatic Sea has recorded 6008 tonnes export of aluminium structures during 2018-19...
Hindalco Industries Limited has cut its aluminium products price by INR 2250 per tonne. With effect from Friday, 29 January 2021, wire rods price stands at INR 178,600 per tonne, a decrease of 1.24% from INR 180,850 per tonne on January 26. The company is selling its aluminium billets and aluminium ingot at INR 174,600 per tonne and INR 167,500 per tonne as of Friday, 29 January 2021. That was down by 1.3% or INR 2250 per tonne each from January 26. 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, generally...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China climbed by 16,400 tonnes on lower shipments. The inventories stood at 100,700 tonnes as of Thursday, 28 January 2021. Aluminium billet shipments reduced to 36,100 tonnes this week on lower downstream demand and sluggish sentiment for receiving goods. Shipments were down by 9,400 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 by 10,100 tonnes, standing at 49,300 tonnes as of Thursday, 28 January 2021. The stocks in Wuxi and Changzhou stood at 17,800 tonnes and 11,700 tonnes, an increase of 3,100 tonnes and 800 tonnes from last week. Inventories in Huzhou...
Salzburger Aluminium Group concluded 2020 better than the automotive industry average, as the Group’s sales revenue recorded around € 155 million with a positive EBIT. The internationally successful manufacturer of high-quality aluminium components for the automotive, commercial vehicle and railway industries started 2021 by bagging a major order for lightweight car components worth more than € 21 million driving the company with a top start. The customised parts made of special aluminium are produced using a rheocasting process. Rheocasting parts are progressively in demand due to the trend towards e-mobility and the need to reduce the weight of vehicles because less weight means more range. SAG has also secured a major order in the railway industry: the production of thousands of...
Slowdown in demand due to the global manufacturing downturn amid the COVID-19 pandemic has resulted in a decline in Japan’s aluminium products output for 2020, found the Japan Aluminium Association. Data shows production of rolled and extruded aluminium products decreased by 10 per cent from a year earlier to 1.7 million tonnes in 2020. In December 2020, production of aluminium sheet stood at 84,840 tonnes in Japan, registering a drop of 5 per cent year-on-year. Output of aluminium extrusion came in at 59,564 tonnes, down by 3 per cent over the year. The 2020 output fell for a third straight year despite a gradual recovery towards the year’s end. Demand in the same year fell below 2009 levels, triggered by global recession due to the COVID-19 pandemic. Shipments of aluminium sheet and...
Gränges, a supplier of rolled aluminium products for heat exchanger applications, reported sales volume of 350.6 ktonnes during the full year 2020, an increase of 0.9 per cent year-on-year. Net sales decreased by 8.1 per cent to SEK 11,008 million. Excluding acquisitions, sales volume and net sales decreased by 3.2 per cent and 11.3 per cent to 336.1 ktonnes and SEK 10,620 million. Gränges’ CEO Johan Menckel said, “Despite challenging market conditions following the COVID-19 pandemic, 2020 has been a productive year in many ways with a continued focus on expansion and growth as well as cost reductions and efficiency improvements in all regions. On the positive side, cash generation was very strong in the year with a cash conversion of 182 per cent and adjusted cash flow before financing...
Nigeria has entered into a recession after its GDP plunged for the second consecutive quarter. Africa’s biggest economy is in recession for the first time since 2016. The recession four years ago was its first in a generation, and the country emerged from it the following year. However, growth has been fragile and COVID-19 has hit the economy hard, amid low oil prices. The continent’s top oil producer and exporter rely on crude sales for 90% of foreign exchange earnings. The African nation on the Gulf of Guinea has recorded with 44,574 tonnes of aluminium bar rods and profiles import during 2019-20 and the expenditure occurred for the import stood at $99.75 million. The import for 2021 is analysed to be at 28,744 tonnes and the expenditure to stand at $60.78 million. Nigeria’s import of...
On Wednesday, January 27, global aluminium rolled products manufacturer Constellium and American industrial aluminium company Novelis announced the launch of Alumobility, a non-profit organisation to provide innovative, implementation-ready solutions for advancing the adoption of aluminium automotive body sheet. It is expected to drive value for automakers and consumers by helping them fulfill the promise of a lighter, more efficient, and more sustainable mobility future through collaboration and partnership with global automotive manufacturers. To elevate the usage of lightweight, high-strength, sustainable aluminium in the future automobile industry, Alumobility has already developed technical studies addressing the next-generation aluminium door and an all-aluminium structural...
On 28 th January 2021, the Japanese multinational organization Showa Denko KK stated that it would sell out its aluminium division to American investment firm Apollo Global Management as the manufacturer measures to divest assets. Showa Denko distinctively plans to sell out its aluminium rolling business for electronic components and the aluminium can business. However, the company did not reveal the details of the deal, but as per the sources it is assumed to be valued around $480.31 million. The process of selling off the subsidiary is a part of the company’s business portfolio restructure following the $9.2 billion acquisition last year of Hitachi Chemical, a supplier of materials for semiconductors, displays and lithium-ion batteries. Global private equity firms such as Apollo, KKR...
The prosperous aluminium industry in the United Kingdom may see a shortfall in annual production by about 4.7 billion units and also the plant closures if a flat rate deposit return scheme (DRS) is adopted, according to Aluminium Packaging Recycling Organisation’s (Alupro) analysis on the implications of a poorly designed national scheme. Alupro has reportedly launched a report today, on January 27, analysing the environmental and economic effects of a flat rate scheme versus a variable rate deposit fee. The report has been developed in partnership with independent think-tank London Economics, alongside experts from across the UK packaging sector. The long-awaited DRS scheme is expected to come into effect in 2023, aiming at tackling plastic pollution, increasing recycling rates,...
The Cardiff-based aluminium fabricator Dudley's Aluminium has injected £96,000 in machinery as it pursues to work on multiple important projects across the UK. The company has procured a Phantomatic M3 CNC machining centre, featuring three controlled axes allowing processing on three sides of the work-piece, as well as an electronic double mitre saws complete with a metal swarf extractor and connection kit. The machines have been purchased from Emmegi, a supplier of advanced equipment for aluminium, light-alloy and steel fabricators, to enhance Dudley’s existing major CNC machining centre. CNC machining is a process used in the manufacturing sector that involves the use of computers to control machine tools. Colin Shorney, Managing Director, Dudley’s Aluminium, said: "We are pleased to...
It has been said that quiet is sometimes the best way to control a pandemic. As per Australian Institute of International Affairs, Brunei is Southeast Asia’s most overlooked nation and it has proven its bureaucratic brass and state system functionality, and its success gives credence to its effective leadership and recent reforms in the sultanate. Since its first officially reported case on 9 th March’20, the sultanate has suffered some 141 confirmed cases with only three deaths, while the remaining 138 victims are in recovery as of 8 th July’20. Presently, Brunei has no active cases and has not reported any new cases in two months. Brunei still encounters difficult challenges as it looks beyond the coronavirus pandemic, despite the success over the past few months. The collapse of global...
