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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Hindalco Industries Limited further raised its aluminium products and aluminium ingot prices with effect from Saturday, March 27. The company’s aluminium wire rod price came in at INR 200,850 per tonne as of March 27, up by INR 2,500 per tonne from INR 198,350 per tonne on March 25. Hindalco’s...
The Board of Directors of the global leader in aluminium engineering, manufacturing and innovation, Gränges’ has appointed Jörgen Rosengren as the new CEO and President. Jörgen Rosengren, currently positioned as CEO of Bufab Group, a Nasdaq Stock Exchange in Stockholm listed company. He will take...
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices on Thursday, March 25, following a sharp cut on March 24. Hindalco’s aluminium wire rod price witnessed a slash of INR 4,250 per tonne on March 24 from INR 200,350 per tonne to INR 196,100 per tonne. However, on...
Shanghai Metals Market data showed on Thursday, March 25, that aluminium billet inventories in China decreased by 34,700 tonnes from a week ago across five major consumption areas, including SHFE warrants, to come in at 198,200 tonnes. Lower aluminium prices in the previous two days led to...
Gränges will infuse $33 million to expand its aluminium casting operations in Huntingdon, Tennessee, to encounter the rise in demand from North American customers. This investment follows the previous and successful investments in new rolling capacity at the sites in Huntingdon and Newport,...
China Customs data found the country’s aluminium bars and extrusions exports during January-February 2021 stood at 153,200 tonnes, reflecting a year-on-year rise of 40,500 tonnes or 35.9 per cent from 112,700 tonnes. Exports in January were at 93,800 tonnes, which in February decreased by 34,400...
Hindalco Industries Limited further expanded its aluminium products and aluminium ingot prices with effect from Tuesday, March 23. With the latest hike, Hindalco’s aluminium wire rod price is standing above INR 200,000 per tonne. It was increased by INR 3,750 per tonne on March 23 to INR 200,350...
The European Aluminium Association praises the European Commission for its intention to impose provisional anti-dumping duties on certain flat-rolled products originating in China. The duty rates vary from 19.6 to 47.3% and result from an anti-dumping investigation initiated on the 14 th August’20,...
Russia’s exports of crude metals and alloys to the US stood at 10,200 tonnes in December 2020. That was down by 22.14% year-on-year from 13,100 tonnes in December 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month comparison, exports rose...
On 20 th March 2021, around 60-70 employees of the Aluminum Sabart gathered in Tarascon-sur-Ariège in France, to show their protest against the lay-off for the nine workers which the management of the company intends. In the words of Mathieu Bru, the secretary of the social and economic committee...
Swedish rolled aluminium firm Gränges AB has reported its full-year results for 2020, saying that it has been a challenging yet productive year in many ways. The company’s sales volume increased, although marginally by 0.9 per cent, to 350.6 kilo tonnes versus 347.3 kilo tonnes in 2019. Gränges...
According to the General Administration of Customs, aluminium imports in China increased by 150.7% year-on-year in January-February 2021 on higher aluminium prices. Imports of unwrought aluminium and products stood at 455,128 tonnes in the first two months of 2021, Customs data showed on Thursday,...
Hindalco Industries Limited has again increased its aluminium products and aluminium ingot prices with effect from March 18 after an intermittent cut on March 17. The company’s aluminium wire rod price has been raised by INR 2,250 per tonne to INR 196,600 per tonne after being cut by INR 1,250 per...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China reduced by 3,900 tonnes from a week ago. The inventories came in at 232,900 tonnes as of Thursday March 18. The chart below indicates the current status of aluminium billet inventories...
Constellium has published its 2020 Business and Sustainability Report . The company outlines its progress on its sustainability goals. The report is presented in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards Constellium targets its 2030 sustainability...
Month-on-month decline in aluminium plates, sheets and bars exports from the United States to Mexico extended decline for the second consecutive months in December 2020 from 23,100 tonnes to 21,300 tonnes, reflecting a downfall of 7.79 per cent. In November, the United States aluminium plates,...
China exported 1.23 million tonnes of aluminium foil in 2020, which reflected a downfall of 4.95 per cent from the exports in 2019, found the customs data. Exports of foil under HS code 76071110 (unprocessed aluminium foil without backing after rolling, thickness ≤0.007mm) totalled 293,400 tonnes...
The Indian Institute of Foreign Trade (IIFT) has indicated in its recent survey that demand for aluminium will grow as a result of urbanisation, development of industrial corridors, rural electrification, Smart City projects, housing projects, and so on and so forth. “We have used secondary data...
