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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According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 600 tonnes from a week ago to 72,400 tonnes as of Thursday, 24 December 2020. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Nanchang witnessed the largest drop of 3,200 tonnes. The stocks came in at 7,400 tonnes. The inventories in Wuxi also fell by 2,800 tonnes to 14,100 tonnes. Huzhou remained unchanged at 10,000 tonnes as of Thursday, 24 December 2020. The stocks in Foshan and Changzhou rose by 4,300 tonnes and 1,100 tonnes week-on-week to 32,900 tonnes and 8,000 tonnes on Thursday, 24 December 2020.
Metal Plast Industries, based in UAE, a 100% subsidiary of the diversified multinational business conglomerate Mulk Holdings International, announced that it has developed A1 grade fire-rated core and a proprietary bonding system for aluminium composite panels (ACP) exclusively for Alubond, in an attempt to reduce the spread of fire in high-rise buildings. The world’s largest ACP and MCM brand, Alubond with over 25 million sq m of manufacturing and processing capacity with facilities in Europe, UAE, Turkey, Oman and India. “The newest addition is the A1 core, which is a further proof of excellence and innovation”, said Mulk Holdings in a statement. “A technology breakthrough, the development of the core is considered a game-changer in the fire rating standards of exterior facades and...
Hindalco Industries Limited has reduced its aluminium products price after raising it for the third time in a row. With effect from Thursday, 24 December 2020, , the company’s wire rods price stands at INR 180,850 per tonne, down by INR 2,500 per tonne, from INR 183,350 tonne on December 11. Aluminium billets price has declined to stand at INR 176,850 per tonne on December 24 2020, marking a drop of INR 2,500 per tonne from INR 179,350 per tonne on December 11. Hindalco aluminium ingots price has slipped by INR 2,500 per tonne to INR 169,750 per tonne as of Thursday, 24 December 2020. 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 since October. Aluminium...
The three Bharat Forge companies stand among several aluminium forging companies in Germany that will have to pay an accumulated value of € 175 million for "engaging in illegal competitive agreements.” In connection with two separate proceedings, Bundeskartellamt (Federal Cartel Office), Germany's national competition regulator declared the penalty on Bharat Forge Aluminiumtechnik GmbH, Bharat Forge CDP GmbH, and Bharat Forge Global Holding GmbH. Bharat Forge commented on the issue by saying: “The investigation in the above two matters pertained to the period between 2004 and 2018 and were initiated by FCO against several companies in Germany. Our German subsidiaries were among many such companies.” Andreas Mundt, President of the Bundeskartellamt, said: “For many years the companies had...
The economic condition of Seychelles has been pointed as alarming, as said by the Finance Minister in November’20, while detailing that the economic growth of the tourism-dependent nation may shrink by 13.5%, instead of the 10.8% previously foreseen due to the hardships brought by COVID-19. The Island nation on the Indian Ocean, off East Africa, has been recorded with 402 tonnes of aluminium structures import in 2018-19 and the expenditure occurred for the import stood at $10.36 million. The import for 2020 remains at 342 tonnes and the expenditure stands to stand at $3.27 million. However, when the import volume and expenditure for 2020 gets summed with the preceding two years, it denotes 744 tonnes and $13.63 million respectively. Seychelles’ import of aluminium structures in 2018 stood...
Novelis Inc. has received three influential industry awards for its Novelis Advanz™ 6HS-s615 aluminium alloy. The three awards include “2020 China Automobile & Parts Industry Developing & Innovation Award” issued by Automobile and Parts, “2020 Lingxuan Innovation Award” enacted by Auto Business Review and “Automotive Innovation Technology Award” conferred by Vogel. “We are truly honored to receive three awards that highly recognize our innovative and reliable product,” said James Liu, Managing director of Novelis China, and Vice President, Automotive, Novelis Asia. “As taking customer centricity with unmatched innovation capabilities is our constant goal, we will continue to partner with customers and manufactures to develop next-generation designs for aluminum-intensive and mixed...
On 22 nd December, Constellium SE, the global leader in the development and manufacturing of innovative, high value-added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging declared that Jean-Christophe Deslarzes will be appointed as a Special Advisor to the Board of Directors in January 2021. The Board expects to put forward the nomination of Mr Deslarzes as a Non-Executive Director at the Company’s Annual General Meeting to be held in 2021. Jean-Christophe has been a member of the Board of Directors of The Adecco Group since April 2015 and Chairman of the Board since April 2020. Mr Deslarzes has also been Chairman of the Board of Directors of ABB India Limited since February 2018. Mr Deslarzes began his career in 1991 as a tax...
PT Indal Aluminum Industry Tbk (INAI), the manufacturer of extruded aluminium in Indonesia has signed a loan facility worth Rp 200 billion from PT Bank MNC International Tbk (BABP) on December 18. On December 22, based on the disclosure of information, the extruded aluminium company’s management assessed that the loan facility will help smooth operations and increase the company's sales turnover. However, this loan facility will also have an impact on the company's financial condition, namely, the amount of debt will increase, thereby increasing interest costs. On the other hand, the margin from the company's business activity growth can meet these obligations. The company management added: “Rp 200 billion loan facility did not have any impact on the business continuity of Indal Aluminum...
According to Reuters report, China's Baowu Steel Group has commenced production at the first phase of an aluminium alloy project in Henan. The project, which started construction in February 2019, has an annual capacity of 300,000 tonnes. The company has made an investment of around seven billion yuan ($1.07 billion) in the first phase. The project is planned to manufacture 80,000 tonnes of aluminium alloy auto sheets, 50,000 tonnes of aluminium alloy medium plates and 170,000 tonnes of aluminium alloy plate and strip per year. The aluminium alloy project is operated by Baowu's unit Baowu Aluminum Technology. The designed production capacity at Baowu Aluminum is seen at 600,000 tonnes per annum. This project is considered as a "landmark" of Baowu Steel Group’s extension to new materials...
The Northern Ireland based Ryobi Aluminium Casting (UK) Ltd has secured the momentous contract with an emerging transmission supplier specialising in electrified drivetrains for the automotive market. The Carrickfergus manufacturer obtained the deal to produce 150,000 clutch and transmission cases per annum, worth almost £15 million annually for new hybrid vehicles initiating 2023. David Watson, Managing Director, said: “This is an exciting project which was won against stiff competition from across mainland Europe. Ryobi’s growing reputation in the development of new technically challenging products is what sealed this deal after a lengthy bidding process. This is testament to the knowledge, creativity and skill of our engineers and the confidence our customers have in us to deliver good...
The Chairman of Pakistan Electric Fan Manufacturers Association (PEFMA), Fahad Rafiq, pointed out on Friday, December 18, that manufacturers of fans, utensils, electrical wires, car parts, kitchenware, die casting, machining, and aluminium window frames had been facing shortages of aluminium and copper due to a sudden spike in exports of these materials, resulting in scarce supply and price surge in the domestic market. The association noted that copper scrap export still has a 25 per cent Regulatory Duty (RD), but there is none on the export of aluminium ingots and scrap. In response to this, the advisor to the Prime Minister on Commerce and Investment, Abdur Razak Dawood, assured the representatives of PEFMA that problems being faced would be examined and resolved. He advised the...
Vimetco Extrusion has joined the Aluminium Stewardship Initiative as a new Industrial User Member, bringing the total number of ASI members to 150. The news came after ASI announced that it officially welcomed Vimetco as a new member on December 18. ALRO’s downstream subsidiary Vimetco Extrusion is Romania’s largest aluminium extruder and also a leading one in entire Europe. Vimetco Extrusion offers aluminium extrusion products in a wide array of shapes and dimensions requested by customers for different industries and purposes. Vimetco Extrusion is recognised as a preferred strategic partner of innovative and engineered aluminium profile solutions, owing to its ability to offer unique and flexible solutions. It is known for supplying customer specified aluminium profiles and products,...
Aluminium specialist, MQP’s parent company has more than doubled the size of its plant to produce more of its high-efficiency grain refiner and raise the bar in manufacturing worldwide. The expansion of STNM’s state-of-the-art plant in Baoding, China, means MQP can now produce up to 39,000 tons a year of Optifine – which can improve melt quality by up to 70% and reduce casthouse costs by a half – an increase of 23,000 tons. STNM is one of the largest producers of master alloys in the world and now one of the biggest Al-Ti-B grain refiner production plants. Richard Courtenay, CEO said: “Demand for lightweight vehicles is a major factor behind aluminium market growth right now. However, the industry-wide problem of inconsistency in the efficiency of grain refiner on a global scale has...
According to a recent report, around 400 United Steel Workers are on strike at Constellium SE’s aluminium factory in Muscle Shoals, Alabama, due to unfair labour practices and unfulfilled health care policies. The news came after Tom Conway, the United Steel Workers president, said in a telephonic interview: “They’re going on strike, the company has got health care demands on the table and all sorts of rollbacks. Most of those jobs have been decent jobs for a long time and this company is doing OK; there’s no need for what they’re asking for.” Conway also said that the strike would continue until Constellium and the Union came on common terms. Constellium Alabama aluminium plant in Muscle Shoals, with more than 1200 employees, produces can sheet for the packaging industry, particularly...
Switzerland is facing an unusual economic downturn. Globally most of the governments countered COVID-19 pandemic by imposing major restrictions on their societies and economies, prompting a significant plunge in global trade and the demand for Swiss exports. The Swiss government also restricted much of public life in the country, with a considerable impact on the domestic economy. The Swiss State Secretariat for Economic Affairs (SECO) analysed that manufacturing output will fall by around 25% of total economic added value compared to 2019. The Central European nation’s export of aluminium tubes and pipes during 2018-19 was recorded at 7463 tonnes and the earnings remained at $27.88 million. The export for 2020 will remain at 2770 tonnes and the earnings to stand at $15.31 million....
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China rose this week due to increased arrivals. The inventories rose by 2,700 tonnes from a week ago to 73,000 tonnes as of Thursday, 17 December 2020. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Foshan climbed by 7,100 tonnes week-on-week to 28,600 tonnes on Thursday, 17 December 2020. But the stocks in Wuxi, Huzhou, Changzhou and Nanchang all fell. In Wuxi and Huzhou, the inventories stood at 16,900 tonnes and 10,000 tonnes, down 100 tonnes and 1,000 tonnes from Thursday’s stocks of 17,000 tonnes and 11,000 tonnes. The stocks in Changzhou and Nanchang fell by 1,900 tonnes and 1,400...
The United Arab Emirates exports of crude metals and alloys to the US stood at 31,800 tonnes in September 2020, an increase of 75% s year-on-year. The UAE had exported 18,200 tonnes to the US in September 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month comparison, exports dropped by 6% from 33,700 tonnes. Compared with July, the UAE’s exports of crude metal and alloys to the US edged up by 333% from 7,350 tonnes. In the first nine months of 2020, the UAE’s exported 250,000 tonnes of crude metals and alloys to the US from 321,000 tonnes exported in the first nine months of 2019. Exports stood 22% lower year-on-year. The UAE’s exports to the US came in at 32,000 tonnes of total aluminium in September 2020, from 18,300 tonnes in...
Rusal, a leading global aluminium producer, will supply primary foundry aluminium alloys to Hyundai Sungwoo Holdings Co, Ltd. for car wheels manufacture. Such was the news when Rusal announced that it's chosen by Hyundai as a preferred long-term sustainable foundry aluminium alloys supplier. Rusal is known for producing and suppling foundry aluminium alloys for automotive industry worldwide. Aluminium alloy wheels are now the latest trend in the market for reducing car weight whilst remaining robust and improving fuel efficiency. The new partnership with Hyundai Sungwoo for aluminium alloys supply will strengthen Rusal's position in South Korea, with an opportunity to boost sales in China. Rusal smelters produce a wide range of primary foundry alloys in accordance with the highest world...
