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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Hydro’s aluminium extrusion plant in Slovakia has been against the Aluminium Stewardship Initiative’s Performance Standard. This recognizes the responsible production, sourcing and stewardship of aluminium. The certification includes all the site’s operations, including its extensive fabrication activities. “I’m happy to see our hard work lead to this successful ASI certification process. It brings us a step forward in our sustainability agenda, and it supports our customer demands for aluminium products that are sourced and produced responsibly,” said Viktor Fára, managing director of Hydro Extrusion Slovakia. The extrusion plant manufactures around 16,000 tonnes per year from its two presses. The facility offers multiple fabrication and surface treatment capabilities in the electrical...
According to a Reuters report, the European Union on Tuesday said it will impose tariffs on Chinese aluminium extrusion midway through an investigation into whether manufacturers from China are selling at unfairly low prices. The duties will range from 30.4 to 48.0% and will apply from Wednesday. The EU will apply the tariffs until the investigation’s expected completion by April. Guangdong Haomei New Materials Co Ltd 002988.SZ and Guangdong King Metal Light Alloy Technology Co Ltd will see charge of 30.4% each. The tariff will be of 38.2% for Press Metal International Ltd. Other “cooperating” companies will see duties of 34.9% and material from all other companies will see tariffs of 48%. In February, the European Commission started an investigation into the product widely used in...
Hindalco has further increased its aluminium product and aluminium ingot prices with effect from Tuesday, October 13, in line with the incessant surge in global aluminium benchmark price on the London Metal Exchange. This marks the fifth consecutive hike in Hindalco’s aluminium prices. With effect from October 13, Hindalco’s aluminium wire rod price has come in at INR 165,350 per tonne, up by INR 1,750 per tonne from INR 163,600 per tonne. The increase in Hindalco’s aluminium wire rod price has expanded by INR 250 per tonne compared to the hike by INR 1500 per tonne on October 10. The company’s aluminium billet price is now at INR 161,350 per tonne after being surged by INR 1,750 per tonne from INR 159,600 per tonne. The price of Hindalco's aluminium ingot is hovering at INR 154,250 per...
The United Arab Emirates exports of crude metals and alloys to the US stood at 7,350 tonnes in July 2020, a decrease of 72% or 18,850 tonnes year-on-year. The UAE had exported 26,200 tonnes to the US in July 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month comparison, exports increased by 17% or 1,080 tonnes from 6,270 tonnes. Compared with May, the UAE’s exports of crude metal and alloys to the US stood 73% lower from 27,200 tonnes. In the first seven months of 2020, the UAE’s export of crude metals and alloys stood 33% lower year-on-year. The UAE exported 185,000 tonnes in January-July 2020, from 277,000 tonnes in January-July 2019. The UAE exported 7,540 tonnes of total aluminium to the USA in July 2020, from 26,400 tonnes...
The economy of Japan is a highly developed free-market economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). However, the Japanese economy has shrunk at its fastest rate on record as it battles the coronavirus pandemic, as the economy saw gross domestic product fall 7.8% in April-June’20 from the previous quarter or 27.8% on an annualised basis. In contrary, the East Asian Island nation’s export of aluminium tubes and pipes reveals a good rise during 2018-20. The export during 2018-19 has been recorded at 4357 tonnes and the revenue generated on the export stood at $41.07 million. The projected export for 2020 has been analysed to reach at 4432 tonnes and earnings to remain at $42.81 million; when the export volume and...
Jindal Aluminium official has pointed out that China’s aluminium flat rolled products exports to India, resulting in reducing prices, is taking a severe toll on domestic downstream MSME producers. Hence, the company has urged the government to remove import duty on primary aluminium to encourage domestic value addition and help the survival of downstream aluminium MSME producers. Jindal has also noted that demand for downstream aluminium in India is reviving after the COVID-19 pandemic impact. In late August, the company anticipated the defence and aerospace sector to become more potential in the near future, pushing up the demand for aluminium products. Jindal Aluminium is India’s largest aluminium extrusion company having control over 30 per cent of the market share. It is also the...
According to a recent survey, India is expected to be not significantly affected by the anti-dumping duties imposed by the United States on common alloy aluminium sheets, as the former supplies small amount of the product to the latter. Late last week, the United States Department of Commerce announced to immediately impose preliminary anti-dumping duties on imports of aluminium alloy sheets from 18 countries, including Germany, Bahrain, Brazil, Spain, India and Italy. Biswajit Dhar of the Jawaharlal Nehru University explained, “As we sell such sheets in limited quantity to the US, the impact would not be significant. It is a reflection of the countries impacted by Covid-19 adopting protectionist measures on one pretext or another.” Over 70 countries have notified the WTO of having taken...
Hindalco Industries Limited has increased the aluminium products price for the fourth time in a row. With effect from Saturday, 10 October 2020, the company’s wire rods price has registered a hike of INR 1,500 per tonne from INR 162,100 per tonne to stand at INR 163,600 per tonne. Aluminium billets price stands at INR 159,600 per tonne as of Saturday, 10 October 2020, marking an increase of INR 1,500 per tonne from INR 158,100 per tonne on October 9. Hindalco aluminium ingots price has increased by INR 1,500 per tonne to INR 152,500 per tonne as of Saturday. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has increased by more than 2% so far in 2020. Aluminium operations of...
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have surged during the National Days holidays from October 1 to 8 across five major consumption areas. As per the data, aluminium billet inventories have expanded by 42,000 tonnes from pre-holiday levels to stand at 105,700 tonnes, as of Friday, October 9. Last week on September 30, aluminium billet inventories stood at 63,000 tonnes after declining by 7,900 tonnes over the week. The chart below indicates the current status of aluminium billet inventories across China in more details: In Foshan, aluminium billet inventories soared by 25,900 tonnes on October 9 to stand at 51,400 tonnes, while that in Wuxi and Huzhou increased by 6,910 tonnes and 6,000 tonnes, respectively, to come in at 19,500 and 12,000...
On 9 th October’20, the US Department of Commerce announced that it would impose preliminary anti-dumping duties "immediately" on imports of aluminium alloy sheets from 18 countries, which includes Germany, Bahrain, Brazil, Spain, India and Italy. Wilbur Ross, US Secretary of Commerce, said: “In total, that's $ 1.96 billion worth of goods and it's a pretty large percentage of the total aluminium industry in this country.” "The final decisions will be taken in February 2021, that is to say after the presidential election, indicated the minister of Donald Trump, specifying that it was the American Commission of the International Trade (ITC), an independent organization, which would take the final decision .” For now, these preliminary duties will be levied "immediately". He further...
Gränges, a supplier of advanced aluminium products and solutions, expects sales volume and adjusted operating profit for the third quarter 2020 to exceed the current market expectations. The company’s sales volume for the third quarter is likely to be 86.7 ktonnes (85.8). The adjusted operating profit is expected to grow to about SEK 200 million, from 190 million a year. “The operating profit in the third quarter has been positively impacted by a stronger market demand and increased effects from cost reduction initiatives,” the company said. Gränges’ interim report for the period January–September 2020 will be published on Thursday, 22 October 2020
Hindalco Industries Limited has hikes the aluminium products price for the third time in a row. With effect from Friday, 09 October 2020, the company’s wire rods price has risen to stand at INR 162,100 per tonne, an increase of INR 2,250 per tonne from INR 159,850 per tonne on October 7. Aluminium billets price stands at INR 158,100 per tonne as of Friday, 09 October 2020. That is up INR 2,250 per tonne from INR 155,850 per tonne on October 7. Hindalco aluminium ingots price has increased by INR 2,250 per tonne to INR 151,000 per tonne. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has increased by more than 2% so far in 2020. Aluminium operations of the company, excluding...
Paul Warton, President of Automotive Structures and Industry Business Unit at global aluminium company Constellium, has been appointed as Executive Vice President for Hydro’s Extruded Solutions business area. The 59 years old aluminium industry professional, Paul Warton will report to President and CEO Hilde Merete Aasheim and join the Corporate Management Board. He will start his new position on 1 st February 2021, replacing Egil Hogna, who will leave Hydro to become CEO at Nordic consultancy Norconsult. Warton has extensive experience from the aluminium industry, which includes different leadership positions in US-based aluminium company Alcoa and aluminium extrusions company Sapa, now a part of Hydro. He has worked in Constellium since 2010. He holds a degree in production engineering...
Gränges has announced the signing of an agreement with Boryszew S.A. on a new structure regarding the purchase price for the acquisition of Aluminium Konin, the Polish flat rolled aluminium producer. The acquisition will enhance Gränges' product offering and presence in Europe. The acquisition will also add new capabilities and capacity to expand Gränges' offering for future transportation solutions, such as electric vehicles. The acquisition was approved by the EU Commission on 23 September 2020. “A part of the purchase price will consist of a non-cash issue of shares in Gränges AB (publ) to the seller, Boryszew S.A.. The non-cash issue will amount to about 10 per cent of the Enterprise Value (approximately SEK 2.2 billion or PLN 938 million on a cash and debt free basis), corresponding...
Fehrmann Alloys GmbH based in Hamburg, Germany, will introduce its new high-performance aluminium alloy for Additive Manufacturing, AlMgty-90, at this year’s Formnext, which will take place digitally from 10 th -13 th November’20. The company simplifies that AlMgty-90 is rooted on its AlMgty-80 alloy, which was launched in 2019, but tenders increased strength, resulting in an aluminium alloy with approximately 25% higher hardness (115 +/-3 HV) compared to AlMgty-80. Together with AM parameters at a similar level of AlSi10Mg and a density of 99%, AlMgty-90 is said to enable increased productivity for Additive Manufacturing, with a considerable reduction of material cost and production time. Fehrmann Alloys states that AlMgty-90 offers the following benefits: Corrosion resistance Anodisable...
Novelis Brazil has selected Danieli Centro Combustion for the supply of a new pit furnace to heat ingots, to be installed at the Pindamonhangaba plant, Brazil. The purpose of the new facility is to heat the aluminium ingots more than 20% faster than the existing facilities. The furnace will load 2 rows of 8 ingots each for a total of 16 ingots (alloys 1xxx, 3xxx, 5xxx and 8xxx series), and maximum furnace capacity will be 310 tons. The new facility will be furnished with 12 self-recuperative burners and 4 recirculation fans. The Danieli design will enable Novelis to achieve: low fuel consumption, optimum heating rates, high-temperature precision during soaking for the best final quality, high plant flexibility, more safety and lower emissions. Danieli Centro Combustion will engineer the...
Canada’s aluminium crude metal and alloys exports to the United States extended decline by 8.04 per cent for the second month in a row to stand at 206,000 tonnes in July 2020, found the US Geological Survey data. Canada’s aluminium alloy exports to the US started decreasing from June after several months of hikes, as Canada noted in response to Trump’s decision of imposing additional tariffs on Canadian aluminium that exports to the US grew only due to the reduced domestic demand caused by the COVID-19 pandemic whereas production remained intact. Canada said exports would reduce as soon as the domestic market would recover from the unprecedented crisis. In June 2020, Canada’s aluminium crude metal and alloys exports to the US stood at 224,000 tonnes after plummeting by 6,000 tonnes or 2.7...
Hindalco Industries Limited has raised the aluminium products price for the second time in a row. With effect from Wednesday, 07 October 2020, the company’s wire rods price has increased to stand at INR 159,850 per tonne, an increase of INR 1,250 per tonne from INR 158,600 per tonne on October 6. Aluminium billets price stands at INR 155,850 per tonne as of Wednesday, marking a growth of INR 1,750 per tonne from INR 154,600 per tonne on October 6. Hindalco aluminium ingots price has increased by INR 1,250 per tonne to INR 148,750 per tonne. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has increased by more than 2% so far in 2020. Aluminium operations of the company,...
