Five years after taking control of Metra, KPS Capital Partners is preparing to hand over the aluminium extrusion company to Poland’s Grupa Kęty in a deal valued at EUR 645 million (USD745 million). The transaction, which is expected to close in the first quarter of 2027 pending customary approvals,...
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...
Grow with
AL Circle
National Aluminium Company Limited (NALCO) has increased its aluminium products price for the second time in a row. With effect from Saturday, 17 October 2020, NALCO's aluminium ingots price came in at INR 157,550 – 161,050 per tonne, an increase of INR 3,400 per tonne from INR 154,150 – 157,650...
StockachAlu’s remelting/refining and casting operations in Stockach, Germany have been certified against Aluminium Stewardship Initiative (ASI) Performance Standard and ASI Chain of Custody. The plant’s main outputs are rolling slabs made from recycled scrap. The facility has an annual capacity of...
The Ghana International Trade Commission (GITC) has pointed out that the dumping of aluminium coils and circles from China onto the Ghanaian domestic market are causing material injury and posing a threat to the domestic industry. So, on Thursday, October 15, Professor Paul Kuruk, Vice Chairman of...
UACJ Extrusion Nagoya Corporation, Japan, will expand its extrusion capacity at its plant in Nagoya, Japan with new extrusion press line. The company has given the final acceptance certificate (FAC) to SMS group for the supply of new HybrEx®40 extrusion press line. This extrusion line one of SMS...
Hindalco Industries Limited has reduced its aluminium products price after raising it for the sixth time in a row. With effect from Friday, 16 October 2020, the company’s wire rods price stands at INR 165,100 per tonne, down by INR 1,500 per tonne, from INR 166,600 per tonne on October 14....
MBF Aluminium in France, an automotive subcontractor for aluminium components, intended to defend their 300 jobs, which is standing on a threat in the more or less short term. On 15 th October’20, the employees meet in front of the cathedral of Saint-Claude in the morning to demonstrate a protest....
Monash University, a public research university based in Melbourne, Australia has come up with a world-first study by its engineers, as they have demonstrated improvements in the fatigue life of high strength aluminium alloys by 25 times, which is a significant outcome for the transport...
Aluminium billet inventories in China have decreased this week, ending on Thursday, October 15, due to a decline in arrivals at warehouses, found the Shanghai Metals Market. SMM data shows the aluminium billet stocks have dipped by 3,200 tonnes from last Friday, October 9, across five major...
Assan Alüminyum, one of the world’s leading flat-rolled aluminium manufacturers, has joined the Aluminium Stewardship Initiative as a new Production and Transformation member, bringing the total number of members working toward a responsible aluminium value chain to 135. Assan Alüminyum has been...
Aluminium producer Norsk Hydro is boosting its sustainability drive by setting up two new divisions - Renewables Growth and Batteries, announced the company on Tuesday, October 14. Hydro provides aluminium to a range of industries, including the construction and automotive industry. Hydro said the...
On 14 th October’20, the South African Aluminium Group Hulamin announced: “Third-quarter sales to end-September have improved, with order books in all its operations approaching normal levels.” The sales figure of the Group in the third quarter ended September rose to 45,000 tonnes, from 29,000...
National Aluminium Company Limited (NALCO) has increased its aluminium products price after declining the price of the same products on October 6. With effect from Tuesday, 13 October 2020, NALCO's aluminium ingots price came in at INR 154,150 – 157,650 per tonne, an increase of INR 6,700 per tonne...
Aluminium Stewardship Initiative has certified Alu-Met GmbH against Performance Standard certification for remelting and casthouse operations at the Speedline Aluminium-Gießerei GmbH in Schlins, Austria. The facility uses an average of more than 70 per cent recycled aluminium feedstock to produce...
Hindalco Industries Limited has raised its aluminium products price for the sixth time in a row. With effect from Wednesday, 14 October 2020, the company’s wire rods price has increased by INR 1,250 per tonne to stand at INR 166,600 per tonne from INR 165,350 per tonne on October 13. Aluminium...
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...
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....
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...
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....
