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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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...
Hindalco Industries Limited has raised its aluminium products price after cutting it for the second time in a row. With effect from Tuesday, 16 March 2021, aluminium billets price stands at INR 191,600 per tonne, an increase of INR 3,500 per tonne from INR 188,100 per tonne on March 13. The company...
Hindalco Industries Limited has cut its aluminium products price for the second time in a row. With effect from Saturday, 13 March 2021, aluminium billets price stands at INR 188,100 per tonne. This is down by INR 1,750 per tonne from INR 189,850 per tonne on March 9. Aluminium ingot and wire rods...
Aluminium Stewardship Initiative has announced the joining of Alcomet in ASI as a new Production & Transformation member. This brings the total number of ASI members to 161. Alcomet AD is a leading Bulgarian manufacturer of aluminium rolled and extruded products. It offers a large variety of foils,...
Jupiter Aluminum has been against the Aluminium Stewardship Initiative (ASI) Chain of Custody Standard Certification for its scrap re-melting, cold rolling, annealing, and finishing operations in Hammond, Indiana, as well as its two coil coating facilities located in West Virginia and Indiana, USA....
The global leader in aluminium engineering, manufacturing and innovation Gränges has announced the appointment of Sofia Hedevåg to be a member of Gränges’ Group Management and report to CEO Johan Menckel. Presently Sofia holds the position of SVP Sustainability at Gränges AB and since 15 th May’20,...
The American multinational automaker, Ford Motor Company and the global leader in additive manufacturing technology providing industrial 3D printing systems and services, ExOne claimed a revolution in binder jet 3D printing for the automotive industry following a successful alliance to develop a...
The United States aluminium crude metal and alloys imports from Canada in December 2020 stood at 161,000 tonnes, reflecting an increase of 4,000 tonnes or 2.55 per cent month-on-month, found the US Geological Survey. Imports in November 2020 came in at 157,000 tonnes – 1 tonnes or 0.63 per cent...
The Chief Procurement Officer at Volvo Car Corporation, Martina Buchhauser who stepped down from his position recently, where she was also part of the Executive Management Team, is proposed as a new member of the Board of Directors to be elected at the Annual General Meeting on 6 th May 2021....
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined for the first time after the Chinese New Year. Inventories of aluminium billet decreased 9,500 tonnes from a week ago to 236,800 tonnes as of Thursday March 11. The chart below...
According to the Shanghai Metals Market, China’s aluminium wire and cable producers’ operating rates saw a decrease of 3.26 percentage points month-on-month to 26.63 per cent in February 2021. However, it reflected an increase over the year by 10.48 percentage points, found SMM. The monthly...
Denmark, a small country with an open economy and a structural balance of payments surplus, the economy remains although prosperous but is highly dependent on foreign trade. This was the major reason Denmark recorded its deepest fall in GDP in the first half of 2020 due to the COVID-19 crisis,...
Vimetco Extrusion, a downstream subsidiary of ALRO, will expand its production capacity with a new EUR 10 investment project. The investment involves the acquisition and installation of an automated extrusion line, supplied by Presezzi Extrusion spa. The new extrusion line will also generate...
Rio Tinto has reportedly entered an agreement with Amaero, a leader in metal additive manufacturing, for providing with the first commercial batch of high-performance aluminium-scandium alloy. The product will be supplied from the Rio Tinto Fer et Titane (RTFT) metallurgical complex in Canada, the...
Hydro announced that four aluminium manufacturing plants in the DACH region of Europe are now certified against the ASI Performance Standard and ASI Chain of Custody Standard. Hydro’s extrusion plants in the DACH region, offers products in Austria, Germany and Switzerland. The facility manufactures...
Hindalco Industries Limited has again cut its aluminium products and aluminium ingot prices with effect from Tuesday, March 9, after an intermittent hike on Saturday, March 6. Hindalco has reduced its aluminium wire rod price by INR 2,000 per tonne or 1.02 per cent from INR 195,850 per tonne to INR...
Aluminium Stewardship Initiative has certified Assan Alüminyum against Provisional Performance Standard Certification for remelting and rolling activities at the Tuzla and Dilovasi production facilities in Turkey. The facilities, with an annual production capacity of 300,000 tonnes of flat-rolled...
Ireland enjoyed a steady economic growth post the EU-IMF bailout in late 2013 and the country placed itself as one of the fastest-growing European economies. In 2020, the Irish economy suffered from the successive lockdowns put in place to contain the COVID-19 pandemic, while the GDP growth fell to...
