Kibar Americas has begun production at the former Novelis aluminium plant in Fairmont, marking the facility’s return to operation more than a year after its sudden closure resulted in the loss of more than 180 jobs. The reopening was marked by a ribbon-cutting ceremony attended by local leaders and...
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...
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The economy of Finland is highly industrialized, largely free-market economy with per capita GDP almost as high as that of Austria and the Netherlands, while marginally above that of Germany and Belgium. Trade is important, with exports accounting for over one-third of GDP in recent years. However,...
According to the US Geological Survey, the United States in September 2020 exported 22,900 tonnes to Mexico, the second-highest export destination for the United States aluminium flat rolled products. On a month-on-month basis, the export volume in September stood 1700 tonnes higher than 21,200...
National Aluminium Company Limited (NALCO) has reduced the prices of its aluminium product and aluminium ingot with effect from Thursday, December 10, following a hike last week on December 1. NALCO has cut its aluminium wire rod price by INR 2,600 per tonne or 1.47 per cent from INR...
Hindalco Industries Limited has hiked its aluminium products price for the third time in a row. With effect from Friday, 11 December 2020, , the company’s wire rods price stands at INR 183,350 per tonne, up by INR 2,000 per tonne, from INR 181,350 tonne on December 10. Aluminium billets price has...
Shanghai Metals Market data shows the stocks of 6063 aluminium billets have plunged by 2,400 tonnes this week, ending on Thursday, December 10. The inventories have shrunk across China's five major consumption areas to stand at 70,300 tonnes. Last week, December 3, 6063 aluminium billets...
Aluminium Façade Systems, specialised in manufacturing and supplying architectural façade solutions, has appointed Ivan Josipovic as a new business development manager in New South Wales. Josipovic brings with him an experience and knowledge in construction and architecture to his new role at...
Industrial enterprises in Henan, China, are required to suspend or reduce production as some of the cities in the province like Anyang, Xinxiang, Hebi, and Jiaozuo re-launched red alerts for increasing air pollution and issued Level I emergency response on Monday, December 7. Almost all aluminium...
On Tuesday, December 8, Britain announced to impose retaliatory tariffs on the United States aluminium and steel imports after it separates from the European Union on January 1. It also announced to forgo the $4 billion tariff plan, which was part of a long-running trade battle over aircraft...
The British firm Northern Automotive Systems Limited has confirmed the news of reduction of 130 staffs at its plant in Gilwern by the end of the year. The impact of Brexit on the firm’s operations at its only facility in the UK is forcing the organization to shrink its 280 strong workforces down to...
Bulgaria’s aluminium products manufacturer Alcomet has commenced operations at its new rolling mill. The new facility will increase the company’s production capacity by 85,000 tonnes per year in the medium term, Alcomet said in a stock exchange filing. Alcomet’s rolling mill covers a total area of...
Constellium has received ASI Performance Standard and Chain of Custody Standard Certification for its casting, rolling, finishing and recycling operations at Neuf-Brisach site in France. The plant, which has an annual capacity of 450,000 tons, produces primarily auto body sheet and canstock...
Constellium SE, a global manufacturer of aluminium rolled products, extruded products and structural parts, has teamed with Project MFG, which brings together employers, educators and communities that strive to inspire and equip the next generation of highly skilled trade professionals. In the...
DUBAL Holding has acquired 60% stake in UAE’s aluminium extrusion company OSE Industries. The acquisition will help OSE to grow its business rapidly in the UAE as well as overseas. Established in 2012 as a family run business, OSE, established in 2012, produces Multiport Extrusion Tubes, MPE Tubes,...
Tan Sri Chan Kong Choy has cropped up as the largest shareholder of aluminium extrusion firm P.A. Resources Bhd after acquiring a 10.18% stake in the group. The former Malaysian Transport Minister’s wholly-owned, Interlink Matrix (M) Sdn Bhd, acquired 228.38 million shares from P.A. Resources’...
The United States aluminium crude metals and alloys imports from Canada extended decline in September 2020 by 54,000 tonnes or 26.34 per cent month-on-month to 151,000 tonnes, found the US Geological Survey data. In August, the United States imports from Canada stood at 205,000 tonnes, almost flat...
Aluminium plate, sheet and strip consumption in China’s automotive sector looks optimistic in 2021. But in the construction sector, it may see a limited growth, said Man Xu, Senior Analyst in SMM, at the 2020 Nonferrous Metals Industry Chain Annual Conference in Suzhou on Friday, December 4....
Latvia’s GDP is set to shrink by 4.3% in 2020, before growing by 2.4% in 2021 and 4.0% in 2022. Activity rose rapidly in the third quarter of 2020 after containment measures had been withdrawn. However, the recovery has been disrupted by the recent tightening of containment measures in response to...
Hindalco Industries Limited intends to establish a 34,000-tonne aluminium extrusion plant in Silvassa with an investment of INR 730-crore. The new facility will meet the demand for extruded aluminium products in the western and southern regions. Commercial production at the facility is expected to...
