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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BORBET Leichtmetallräder has joined the Aluminium Stewardship Initiative (ASI) as a new Industrial User member. This brings the total number of ASI Members to 151. BORBET is one of the leading manufacturers of light alloy wheels worldwide for the automobile industry. The company acquired BORBET Austria in Ranshofen for the supply of products to = the automotive industry. “As one of the leading manufacturers of light alloy wheels, the BORBET Group is proud to join the Aluminium Stewardship Initiative and thus ensure more transparency and sustainability in the aluminium industry. Our goal is not only to make our own production more sustainable, but also to consider our entire value-added chain and work on continuous improvement. We can only look forward to a better future if everyone...
RUSAL has completed a closed additive manufacturing cycle at the Institute of Light Materials and Technologies (ILM&T). The company has made an investment of €3.5 million so far in resources and facility development at Centre. Image for representation purpose only RUSAL’s research and development centre has an additive powder manufacturing site, an atomiser and a powder sizing and packing line. The company will now develop high strength and heat-resistant aluminium-based materials for additive manufacturing. "In just three years at the ILM&T, we have managed to not only form a team of highly-skilled industry-leading professionals, but also to provide all the necessary resources and facilities to enable the rendering of a full range of services from research to engineering. The Institute's...
The Australian economy bounced back strongly in the third quarter from a COVID-19 induced recession as consumer spending surged through the country’s top central banker signalled monetary policy will stay accommodative for a while. The largest country in Oceania has recorded with 114,809 tonnes of aluminium structures during 2018-19 and the revenue expenditure occurs for the import stood at $1.24 billion. The import for 2020 remained at 34,659 tonnes and the expenditure stood at $1.01 billion. However, when the import volume and expenditure of 2020 gets added with the existing two years, it signifies 149,468 tonnes and $2.25 billion respectively. Australia’s import of aluminium structures in 2018 stood at 73,401 tonnes and the expenditure remained at $0.56 billion, whereas, in 2019, the...
ElvalHalcor, the leading global industrial producer of aluminium and copper products headquartered in Greece, received 1st place in the 'Globalization' award category and the 2nd award ''Best International Activities Company' at the 'Business Awards Hrima 2020'. 'Business Awards Hrima' is recognized by the business and investment community as a renowned institution of annual evaluation for the listed companies on the Athens Stock Exchange. It has been for the 18th consecutive year, the investment community, readers of the financial-investment ''Hrima'' magazine, as well as visitors of the business-financial portal, banks.com.gr, highlighted and rewarded companies that contribute effectively to the growth of the national economy, employment and the Greek capital market. ElvalHalcor ranks...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 1,500 tonnes on lower arrivals at warehouses. The inventories came in at 70,900 tonnes as of Thursday, 31 December 2020. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Wuxi reduced the most by 3,000 tonnes, standing at 11,100 tonnes as of Thursday, 31 December 2020. The stocks in Foshan and Nanchang by 400 tonnes and 500 tonnes to 32,500 tonnes and 6,900 tonnes, from 32,900 tonnes and 7,400 tonnes on December 24. But the Aluminium billets inventories in Changzhou and Huzhou registered a hike today. The stock stood at 8,400 tonnes and 12,000 tonnes. That was up 400 tonnes...
On 30 th December’20, the Ministry of Commerce and Industry said import monitoring system is being developed for multiple sectors and it also includes aluminium among others. The import monitoring system would support to accumulate advanced information on imports of the listed products and make it accessible to the stakeholders, comprising government and domestic industries. However, the system is already in place for steel and coal. While enlisting remarkable highlights of Department of Commerce for 2020, the ministry said: "Import monitoring system (IMS) is being developed for aluminium, copper, footwear, furniture, paper, sports goods, gym equipment etc.” It has been reported that about a 1.3 lakh Certificate of Origin has been issued through an electronic platform, for trade...
The Central Bank of Mexico (Banxico) surprised most investors in its last monetary policy meeting, which was held on 12 th November’20, by holding the policy rate steady at 4.25%. The pause did not signal the end of the easing cycle, which has accumulated 400bp in rate cuts. But, as per ING Financial Services, the pause suggested that some months would be needed for policymakers to reassess the economic outlook before adjusting the policy rate once again if needed. The LATAM nation’s import of aluminium tubes or pipes fittings during 2018-19 records at 17,095 tonnes and the expenditure stood at $243.97 million. The import for 2020 remains at 6172 tonnes and the expenditure stands at $156.30. However, when the import volume and expenditure for 2020 gets summed with the preceding two years,...
Matalco has started production at its aluminium plant in Wisconsin Rapids. The facility, which began operations on November 19, has already shipped over 3 million pounds of products, reported Wisconsin Rapids Tribune. Matalco announced in January 2019 that it would invest US$80 million to construct a manufacturing facility for secondary aluminium billet. The company would employ 80 permanent, full-time workers in the 110,000 square feet plant with a capacity to produce 240 million pounds of aluminium billet. The company is an independent company engaged in remelting of aluminium and manufacturing of aluminium billets for the extrusion, rolling and forging industries. The project offered challenges during the COVID-19 pandemic, but the team was able to construct the facility and began...
Hindalco Industries Limited has cut its aluminium products price after raising it on December 25. With effect from Wednesday, 30 December 2020, the company’s wire rods price stands at INR 179,850 per tonne, representing a drop of INR 2,250 per tonne, from INR 182,100 tonne on December 25. Aluminium billets price has reduced to stand at INR 175,850 per tonne on December 30 2020. That was down INR 2,250 per tonne from INR 178,100 per tonne on December 25. Hindalco aluminium ingots price stands at INR 168,750 per tonne as of Wednesday, 30 December 2020. This marks a decline of INR 2,250 per tonne from last week. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium prices on LME have been rising...
As per the World Bank report, the COVID-19 shock to Kazakhstan’s economy is considered as the biggest in two decades. It has been for the first time since the late 1990s Kazakhstan’s economy to 3% in 2020 with a moderate recovery by 2.5% in 2021. The Central Asian nation’s import of aluminium bar rods and profiles during 2018-19 has recorded 16,968 tonnes and the expenditure occurred for the import remained at $55.08 million. The import for 2020 is marked at 9917 tonnes and the revenue expenditure to remain at $34.20 million. However, when the import volume and expenditure of 2020 gets assorted with the existing two years, it denotes 26,885 tonnes and $89.28 million respectively. Kazakhstan’s import of aluminium bar rods and profiles in 2018 stood at 7090 tonnes and the expenditure...
Vedanta Limited has extended the price cut of its aluminium products and aluminium ingot with effect from Wednesday, December 30. Marking the second consecutive decline, Vedanta’s aluminium wire rod price has come in at RMB 173,750-181,250 per tonne on December 30, down by INR 1500 per tonne from INR 175,250-182,750 per tonne on December 22. Vedanta’s aluminium billet price is standing at INR 174,250 per tonne, shrinking by INR 1500 per tonne as well from INR 175,750 per tonne on the previous day. With the latest cut, Vedanta is now selling its aluminium ingot at INR 166,250-179,250 per tonne, compared to INR 167,750-180,750 per tonne a week ago. This also represents a downfall of INR 1500 per tonne. Vedanta links its aluminium product and aluminium ingot prices to the three-month futures...
According to a recent report, India has started probing into alleged subsidised aluminium products exports by Malaysia, following a complaint by the domestic industry. The news came after the Directorate General of Trade Remedies (DGTR) began an anti-subsidy investigation to examine if Malaysia’s subsidised aluminium primary foundry alloy ingots exports were affecting the domestic industry. At first, Vedanta Limited and Bharat Aluminium Company Limited (BALCO) filed an application urging the initiation of a probe into subsidised imports of aluminium products originating in or from Malaysia. Aluminium primary foundry alloy ingots are primarily used for automobile and steel applications. Both Vedanta and BALCO requested the imposition of countervailing duties on imports alleging subsidised...
Flat rolled aluminium products manufacturer JW Aluminum will close its rolling foil products facility in Williamsport, Pennsylvania by January 29, 2021. The company is pursuing strategic purchasers regarding a potential sale of the plant. Stan Brant, Jr., Chief Executive Officer of JW Aluminum said, “The aerospace industry was immediately and severely impacted by the onset of the COVID-19 pandemic. This abrupt contraction is negatively affecting participants throughout the supply chain. Historically, aerospace-related products have accounted for more than 50% of the total production at the Williamsport facility.” “Our focus now is to provide a safe and successful transition for our teammates in Williamsport as we continue operations at our facilities in South Carolina and Arkansas to...
Hindalco Industries Limited increased the prices of its aluminium products and aluminium ingot on Friday, December 25, following an intermittent cut on Thursday, December 24. Hindalco raised its aluminium wire rod price by INR 1,250 per tonne from INR 180,850 per tonne to INR 182,100 per tonne. Hindalco’s aluminium billets price came in at INR 178,100 per tonne on December 25, up by INR 1,250 per tonne from INR 176,850 per tonne on December 24. Hindalco’s aluminium ingot price was also increased by INR 1,250 per tonne from INR 167,750 per tonne on December 24 to INR 171,100 per tonne on December 25. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which is currently up by US$ 250 per tonne or 14.11 per...
The new computer tool facilitates the production of car components, while the properties of the materials from which the car parts are made will be as the big car manufacturers want it to be. The system can calculate stiffness, strength and stability and the calculations that used to take months can now be done away within a few days or weeks. However, the car manufacturers have strict requirements for safe and precise production and to meet these requirements, subcontractors use computer-aided models for construction and simulation. These are used to predict the product properties of the car parts during and after casting and during use. Professor Geir Grasmo, Professor of construction materials at the University of Agder and has led a research project that has developed new modelling...
Russia’s exports of crude metals and alloys to the US stood at 78,900 tonnes in the first nine months of 2020, marking a drop of 37% or 46,100 tonnes. Russia had exported 125,000 tonnes to the US in the first nine months of 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. Crude metals and alloys export came in at 1,090 tonnes in September 2020, a decrease of 308%year-on-year. The total exports were 267 tonnes in September 2019. On a month on month comparison, exports to the US dropped by 68% from 3,380 tonnes. Exports of crude metals and alloys were down 76% from July’s exports of 4,520 tonnes. Russia’s exports of total aluminium (crude metal and alloys, semi-finished products and scrap) to the USA stood at 94,800 tonnes in January-September...
The aluminium sector is crucial to the modern economies and it supplies a wide range of highly distinguished products, from the intermediate semis required for many high-tech industries to parts and components for final applications. The most important impact of innovation in Aluminium will be on the social system like lessening energy consumption and protecting environmental pollution. The COVID-19 pandemic developed a profound impact on manufacturing operations, prices collapsed, demand fell, operational activities curtailed, and capital projects reviewed. Hereby, we look into the impact of the pandemic on global aluminium downstream segment: Aluminium Rheinfelden solicited for protective shield proceedings The German-based Aluminium Rheinfelden applied for protective shield proceedings...
According to a new UNDP impact assessment, the COVID-19 outbreak and global knock-on effects could sink or stall Zimbabwe’s ambitious reform agenda as well as efforts to revive its flagging economy, with “disastrous” consequences for the landlocked Southern African country’s poor and vulnerable people. However, Mthuli Ncube, the incumbent Finance Minister stated a few months back that the economy would not be as severely impacted by the COVID-19 pandemic as initially feared and foreign currency inflows had shown resilience. The country was already grappling with runaway inflation, shortages of drugs in hospitals and strikes by public workers before the novel coronavirus arrived in March. The nation famous for Victoria Falls has been recorded with the import of aluminium bar rods and...
