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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The Mexican Multinational conglomerate Alfa announced on 31 st July’20 that it projects to spin off the gross of its remaining 75% stake in aluminium automotive parts supplier Nemak. As per the company: “If shareholders approve the proposal at an Aug. 17 meeting, they would receive one share of Controladora Nemak for each of their Alfa shares. They would also retain share ownership in Alfa's equity.” Alfa President Alvaro Fernandez Garza said: "We plan a gradual and orderly transition process to make Nemak an independent business.” Alfa said: “Controladora Nemak would be listed on the Mexican stock exchange following the spinoff. Nemak, which began to trade publicly in 2015, would continue to be listed as a separate entity. Nemak shareholders in the future would be able to decide whether...
Pennex Aluminium Company has made public the appointment of Chuck Stout as New President of Pennex Extruded Products Division. Chuck has been promoted to President from General Manager in the organisation. In his new role, Stout will be responsible for the overall strategic, financial, commercial, and operational functions for the extruded products businesses in Wellsville and York, Pennsylvania and Leetonia, Ohio. Chuck Stout, a veteran of the US Navy, joined Pennex in 2016 as General Manager of the Leetonia, Ohio location. He has an impressive background in the manufacturing industry including roles as Plant Manager and Vice President of operations. His office will remain in Leetonia. According to Stout, “It is an honour to take the reins of a very successful extrusion business and lead...
The closedown of Rio Tinto’s Tiwai Point Aluminium smelter in New Zealand won’t create any deep impact on the prospects of local manufacturers that count on aluminium to manufacture products. This has been reported by the two popular firms in the industry Ullrich Aluminium and Stabicraft Aluminium boats. The makers of a vast range of aluminium products for marine, industrial, commercial, domestic and designer applications, Ullrich Aluminium employs around 300 staff in New Zealand and the approximately same number in Australia. Gilbert Ullrich, CEO, Ullrich Aluminium said: “We won’t run out of aluminium; that is what some of our customers are ringing to ask.” He also said: “The Company already sourced some of its aluminium from smelters in other countries including Australia and Qatar, and...
Flat-rolled aluminium producer Elval has achieved ASI Performance Standard Certification for its operations in Oinofyta, Greece. The plant produces innovative and competitive flat-rolled products for a diverse group of sectors and uses including packaging, transportation, automotive, HVAC&R, building and construction, energy and industrial applications among others. The news came after Aluminium Stewardship Initiative announced on July 31 that it successfully certified Elval’s rolling facility against Performance Standard for responsible production, sourcing, and stewardship of aluminium. The certification scope covers the facility’s re-melting and casthouse facilities, hot/cold rolling, coil coating and finishing lines. The facility has an annual capacity of 300,000 tonnes and exports...
Salzburger Aluminum AG (SAG) is terminating 29 employees in Austria at its two locations in Lend (Pinzgau) and Schwarzach (Pongau). The company has confirmed the news on 31 st July ’20. The corona crisis led to a significant decline in production at the automotive supplier. SAG with its subsidiaries is an internationally successful manufacturer of high-quality aluminium components for the automotive, commercial vehicle and railway industries. It also produces aluminium tanks for the automotive industry. The company said in a statement "After an optimistic start to the new year and with stable order numbers, the production volumes had to be drastically reduced in mid-March. Thanks to long-term supply contracts and short-time work, the vehicle manufacturers' lockdown had made it easy. The...
India’s Maan Aluminium net profit declined 61.40% to INR 0.83 crore in the quarter ended March’20, as against INR 2.15 crore during the previous quarter ended March’19. The company is one of the pioneers in the Aluminium extrusion industry in India. The aluminium company’s facility is based in Madhya Pradesh, Central India. Maan Aluminium is a preferred choice by many companies worldwide. The company is exporting its products globally and is accredited with One Star export house status. It has been reported a drop in sales by 51.96% to INR 98.51 crore in the quarter ended March’20 as against INR 205.07 crore during the previous quarter ended March’19. Net profit for the full year declined 17.67% to INR 7.55 crore for the year ended March’20 as against INR 9.17 crore during the previous...
AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products, reported revenue of EUR 463.8 million in the first half of 2020, down 16.4% due to lower shipments and aluminium price. “Global economic growth in the first half of 2020 was considerably affected by the COVID-19 pandemic, leading to a major slowdown in the global economy and significantly affecting price and demand trends for AMAG’s products (primary aluminium, recycling cast alloys and aluminium rolled products),” the company said. Gerald Mayer, CEO of AMAG: “After a good start to 2020, the COVID-19 pandemic was reflected in the second quarter mainly by a lower level of orders from the transport sector. AMAG’s broadly diversified product portfolio, with its focus on specialty products and...
The US Secretary of State Michael Pompeo stated Washington has announced the expansion of sanctions on Iran to counter nuclear, missile and military programs. The expansion of sanctions enforcement declares that the United States would punish anyone who transfers 22 specific metals, out of which 10 are in the form of aluminium that could be used in Iran's weapons programs. Pompeo’s statement runs as: “Iran’s nuclear, ballistic missile, and military programs pose a grave threat to international peace and security. To address these threats, I am announcing a major expansion of the scope of State Department-administered Iran metals-related sanctions. Today, the State Department is identifying 22 specific materials used in connection with Iran’s nuclear, military, or ballistic missile...
The 74th Ordinary Assembly of Amafond, the Italian Foundry Suppliers’ Association, took place on 23rd July’20, in the setting of Borgo Santa Giulia in Brescia area. On this occasion, elections were held for the renewal of the Executive Committee for the 2020-2021 periods: Riccardo Ferrario was elected new President of Amafond. He is the General Manager of Idra Group of Travagliato (Brescia area) since 2009, a company that boasts over 70 years of experience in the production of die casting machines and auxiliary equipment, with a background in Fiat Teksid, Meridian Technologies and EurAlcom. The following people were elected as Vice Presidents for the Product Group: Luca Casella (Director - Sipag Bisalta Spa) and Angelo Vezzuli (General Manager - EKW Italia Srl), while for the Machinery...
Wheels India Limited has planned to export forged aluminium wheels to the US. This would meet the market demands in the US market. The company’s new cast aluminium wheel plant will begin exports to the market from September. “The financial year will be a difficult one due to declining economies in India and Overseas. However, taking a longer term view, we have invested in a cast aluminium wheel factory that will start exports to the US market from September. The demand for the company’s forged aluminium wheels in international markets is expected to improve in the coming year,” said S Ram, Chairman, Wheels India at the 61st AGM of the company. The new initiatives made by the company in the supply of welded and machined parts for the wind energy sector to international companies witnessed...
As updated by Shanghai Metals Market, inventories of aluminium billet in China declined this week due to a significant decline in arrivals at warehouses. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 65,900 tonnes as of Thursday July 30, a drop of 2,700 tonnes from last Thursday. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billet in Foshan, and Changzhou came in at 17,100 tonnes and 10,070 tonnes on Thursday, down from 21,300 tonnes and 10,750 tonnes on July 30. Stocks in Wuxi increased from 14,400 tonnes to 17,850 tonnes. In Huzhou and Nanchang, aluminium billet inventories declined to stand at 13,000 tonnes and 7,900 tonnes today, from 14,000 tonnes and 8,150...
Tianjin Zhongwang Aluminium Co., Ltd. has been certified against the ASI Chain of Custody Standard for its operations in Tianjin, China. The operations include casting, hot and cold rolling, finishing and annealing with outputs of ingot, thick plate, sheet and coil products. The company manufactures products for automotive, aerospace, ship building, rail and packaging sectors. The ASI Certification program is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The program was developed through an extensive multi-stakeholder consultation process. The independent, third-party audits of the Tianjin Zhongwang Co., Ltd. plant was carried out by TÜV Rheinland Cert GmbH. Fiona Solomon, Chief Executive Officer at ASI said, “We congratulate Tianjin...
Jindal Aluminium Ltd. (JAL), India's largest aluminium extrusion company with a legacy spanning 50 years witnessed rising demand from ventilator producers as the spread of COVID-19 necessitated the use of this vital equipment at hospitals to save the lives of critical patients. COVID-19 has moreover affected every sector around the world. Pragun Jindal Khaitan, Vice Chairman and Managing Director, Jindal Aluminium Ltd. said: “Due to the falling market demand, and restrictions, our production was limited and there was a reduction in the overall output in April and May 2020. Whereas, June has turned out to be positive in terms of revival as we witnessed a 65-70% rise in demand, on an average. During this period, our exports have neither increased nor decreased significantly. It has been...
Carcano Antonio S.p.A., one of the most important European companies in the field of aluminium foil flexible packaging, has achieved ASI Performance Standard Certification for its conversion operations in Andalo Valtellino and Mandello del Lario, and also for rolling plant in Delebio, Italy. Carcano produces aluminium foils for diverse packaging applications and rolled products used in cables and insulation. The news came after Aluminium Stewardship Initiative announced today, on July 29, that it successfully certified three Carcano facilities against Performance Standard for responsible production, sourcing and stewardship of aluminium. The certification scope covers rolling of aluminium foil, lacquering of aluminium flexible film and lamination of lacquered aluminium foils for food,...
A rapid-paced energy transition through an uninterrupted shift to electric vehicles has designed a new, significant demand stream for aluminium and vital opportunities for auto supply chain organisations. Steel being cheaper has been the initial choice; however, aluminium consumption in electric vehicles is expected to accelerate over coming years as COVID-19 dashes the move to a green economic recovery. Aluminium being lighter than steel is now the metal of pick in a range of parts, from the chassis, structural components i.e. the shock tower and internal panels to housing for motors and the batteries that power electric cars. Global aluminium producers such as Rusal, Rio Tinto and Glencore are set to be in an advantageous position. Auto components making firms such as Mexico's Nemak,...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced second quarter 2020 results. Net sales for the second quarter 2020 were $276 million, from $375 million in the prior year period, reflecting a 24% decrease in shipments and a 4% decrease in average selling price. Value added revenue decreased to $175 million from $209 million, reflecting a 24% decrease in shipments as demand across end markets was impacted by COVID-19 as customers temporarily shut down operations and curtailed deliveries during the quarter. “Second quarter shipments and value added revenue reflect the impact of lower demand across our end markets due to the effects of COVID-19,” said Keith A. Harvey, President and Chief Operating Officer. “As we experienced rapid...
On 23 rd July’20, the State Government of Tamil Nadu signed 16 MoUs apprehending fresh investments worth more than INR 5100 crore. As per the Govt, it will support to deliver over 6500 jobs. In two months the Govt has signed MoUs valued for INR 30,664 crore investment which is visualized to create 67,200 new jobs to the state. MoUs for INR 10,399 crore was signed with eight firms on 20 th July’20 which is set to bring jobs to 13,507 people. On 27 th May’20, agreements were signed with 17 companies for investments to the tune of INR 15,128 crore with a potential to provide employment opportunities to 47,150 people. Now on 23 rd July’20, MoUs were signed for INR 5,137 crore more investments for 16 new initiatives that would deliver 6,555 new jobs. As per the official release, Super Auto...
China’s imports of unwrought aluminium and aluminium products hit to their highest in 11 years in June on lower overseas prices. China, the world’s top aluminium producer, imported 288,783 tonnes of aluminium last month, an increase of 493.1% from June 2019, the General Administration of Customs said. Import was more than double May’s imports of 119,145 tonnes as buyers took advantage of the differences between domestic and international prices, Reuters reported. The country shipped out 354,038 tonnes of unwrought aluminium and aluminium products in June. That was down 30% year-on-year, customs data showed. In the first half of 2020, imports were 816,592 tonnes, up 219.2% year-on-year. Exports of aluminium products stood at 2.37 million tonnes, down 20.6% from a year earlier. The customs...
