Tampa Brass & Aluminum is putting USD 58 million into its Hillsborough County facility following a series of new military contracts. The investment in machinery and equipment will also bring 50 new jobs to the area. The company manufactures components for the US Air Force and US Navy, handling...
A Canadian aluminium extruder is refusing to move its production to the US despite facing a sharp increase in tariffs that could effectively shut it out of one of its largest markets. Apex Aluminum Extrusions, based in Langley, British Columbia, says more than 40 per cent of its sales previously...
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Novelis Inc. has revealed its new sustainability targets, announcing that it aims at becoming a carbon-neutral company by 2050 or sooner and wants to reduce carbon footprint by 30 per cent by 2026. By the same year, Novelis also targets to reduce landfills waste by 20 per cent and lowers energy...
Aluminium Façade Systems has appointed Brisbane-resident Hilary Flynn as the new Business Development Manager for Queensland. Flynn brings in a wealth of knowledge for her nine years of experience in the construction industry, which also includes four years of experience in facades. Flynn came into...
On Monday, April 5, Press Metal Aluminium Holdings Bhd informed about the fire accident, which occurred on Saturday, April 3, at its 80%-owned subsidiary Press Metal Bintulu Sdn Bhd's (PM Bintulu) smelting plant within the Samalaju Industrial Park. However, the cause of the fire has not been...
The United Arab Emirates exports of crude metals and alloys to the US stood at 20,500 tonnes in January 2021, a decrease of 33.87% or 10,500 tonnes year-on-year. The UAE had exported 31,000 tonnes to the US in January 2021, according to the latest Mineral Industry Survey report from the US...
The Ministry of Commerce, Govt. of India has mandated import registration compulsory for 43 aluminium and 46 copper items under non-ferrous metal import monitoring system. This is a move to boost domestic production and obstruct imports of such goods. As per the notification of the department of...
Wisconsin Aluminum Foundry (WAF) has expanded its operation with the acquisition of Wabash Castings Inc. WAF will expand its growth in the electric vehicle and consumer goods markets. The company will continue to use the Wabash Castings brand name. Founded in 1909, WAF, founded in 1909, provides...
Rusal America is reportedly eyeing the additive manufacturing (AM) centre Neighborhood 91 at Pittsburgh International Airport Innovation Campus for its new aluminium AM powder business. The firm declared its move into the aluminium additive manufacturing powder segment in January 2021. The...
Kaiser Aluminum Corporation has completed the acquisition of rolling mill and associated assets from Alcoa Corporation for a purchase price of $670 million. The deal closed on March 31, 2021. The purchase price was funded with a combination of existing cash on hand, and the assumption of other...
MQP, the leading aluminium specialist has developed an increasingly robust version of its top-selling grain refiner to brace customers in the high specification segments. Build on the success of its standard Optifine TiBAl grain refiner, Optifine 5:1 125, which consistently reduces additional rates...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China drooped by 4,300 tonnes from a week ago to 193,800 tonnes as of Thursday April 1. Aluminium billet shipments increased by 200 tonnes on the week to 66,000 tonnes. The chart below indicates...
Vedanta Limited has reduced its aluminium products and aluminium ingot prices with effect from March 31, following a raise on March 27. Vedanta’s aluminium wire rod price has come in at INR 194,000-201,500 per tonne, down by INR 1,500 per tonne or 0.77 per cent from INR 195,500-203,000 tonnes on...
The integrated technology group, Rheinmetall has secured a follow-up order from an unnamed German carmaker to produce aluminium engine blocks with a total value crossing more than €100 million. Rheinmetall AG is a publicly listed company based in Düsseldorf, Germany and is a powerful,...
The US imports of crude metal and alloys stood at 250,000 tonnes in January 2021. That was a decline of 28% from 347,000 tonnes in January 2020, according to the latest Mineral Industry Survey report from the US Geological Survey. On a monthly basis, crude metal and alloys imports increased by 9%...
The European Union has reportedly imposed duties on Chinese aluminium products after determining the materials being sold at unfairly low prices. The news came on Tuesday, March 30, after the EU official journal announced that duties to be imposed on Chinese aluminium extrusions in the form of...
On 30 th March 2021, Trakia Economic Zone (TEZ) reported that Bulgarian real estate firm Interlink Grup revolutionised towards the development of an aluminium profiles production facility near the city of Plovdiv. Followed by the investment of €20.3 million for the aluminium profiles production...
Hindalco Industries Limited has reduced its aluminium products and aluminium ingot prices with effect from Wednesday, March 31, following two consecutive hikes on March 25 and March 27. Hindalco’s aluminium wire rod price has come in at INR 199,350 per tonne, down by INR 1,500 per tonne or 0.75 per...
The economy of Iran is tumbling down after years of U.S. sanctions and Iran has been insisting the United States withdraw those restrictions before the two sides can return to nuclear talks. The economy shrunk to an estimated 4.99% in 2020, gradually diminishing since 2017. In comparison, the...
