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...
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According to the US Geological Survey data, the United States in July 2020 exported 26,600 tonnes of aluminium plates, sheets and bars to Canada. In the earlier month, the US exported 18,100 tonnes, meaning July saw an increase of 46.96 per cent month-on-month in the US aluminium semis exports to...
Despite the COVID-19 pandemic and the market slowdown, the Lublin company Aliplast in 2020 increases sales, employment and continues to invest. This is the effect of the continued boom in construction and the renewable energy market. Aliplast from Lublin deals with everything related to aluminium....
DURA Automotive Systems recently had a groundbreaking ceremony of its state-of-the-art lightweight automobile structures manufacturing facility in Muscle Shoals, Alabama, US. This is the latest addition to DURA’s 31 worldwide sites. The construction of the new facility is estimated to complete by...
The District Administration of Nellore in Andhra Pradesh, the south-eastern coastal state of India, has eventually cleared the land issues for Aluminium Plant for defence unit, which was proposed by Mishra Dhatu Nigam Limited (MIDHANI). The proposed land has been at Bodduvaripalem, district Nellore...
The LPM Group is a specialized in design and construction of machines and equipment for aluminium and magnesium low pressure and gravity die casting, with its presence in China, Germany and the United States, continues its overseas journey and this time lands in Mexico. The company with its...
The US imported 253,000 tonnes of crude metal and alloys in July, an increase of 177.41% year-on-year. On a month-on-month comparison, imports reduced by 3.44% from 262,000 tonnes in June, according to the latest Mineral Industry Survey report from US Geological Survey. In the first seven months of...
Hindalco Industries Limited has reduced the price of its aluminium ingots and aluminium products with effect from Friday, October 2, following a hike on Tuesday, September 29. Hindalco’s aluminium ingot price has come in at INR 145,750 per tonne, down by INR 1,250 per tonne from INR 147,000 per...
Aluminium prices for US consumers, especially from the transport, construction, and packaging industries, are decreasing as the market is anticipating tariff exemptions for producers in the United Arab Emirates and Bahrain. This follows agreements by the two Arab states to establish ties between...
British tycoon Sanjeev Gupta’s international low-carbon aluminium business, ALVANCE Aluminium Group, part of sustainable industry leader GFG Alliance, has accomplished its acquisition of the Duffel aluminium recycling and rolling mill near Antwerp in Belgium. Duffel is a leading European producer...
According to the latest Geological Survey data, the United States in July 2020 imported 84,300 tonnes of aluminium plates, sheets and bars, 9,800 tonnes or 13.15 per cent higher than 74,500 tonnes in June. In May, the United States aluminium semis imports were 68,500 tonnes, meaning the imports in...
The Aluminum Association’s Foil Trade Enforcement Working Group has filed petitions for antidumping and countervailing duty on Armenia, Brazil, Oman, Russia, and Turkey on Wednesday, September 30, alleging aluminium foils imports from these countries into the US are causing material injury to the...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped 7,900 tonnes on smaller arrivals. Aluminium billet inventories stood at 63,600 tonne as of Wednesday September 30. The chart below indicates the current status of aluminium...
FocusEconomics Consensus Forecast panellists expect French industrial output to contract 8.7% in 2020, which is down 2.9% points from last month's forecast. For 2021, panellists expect industrial output growth at 4.9%. In form of powders, Aluminium powder and flakes are used for several...
Hindalco Industries Limited has raised aluminium products price after declining it for the second time in a row. With effect from Tuesday, 29 September 2020, the company’s wire rods price has come in at INR 158,100 per tonne. That is up by INR 1,500 per tonne from INR 156,600 per tonne on September...
EPI, a key contributor to UAE’s Defence, Aerospace, and Oil & Gas industries is broadening its manufacturing capabilities to support the Boeing 787 Dreamliner. On 28 th September’20, the announcement was made on the sidelines of the two-day Global Aerospace Summit, which takes place virtually from...
Brazil has the third-best advanced industrial sector in The Americas. The Latin American nation’s one-third of GDP has been contributed by its diverse industries range from automobiles, steel and petrochemicals to computers, aircraft, and consumer durables. Brazil’s import of aluminium tubes and...
China, the world’s top exporter of aluminium, turned net importer for the first time in July 2020 since 2009. On a year-on-year basis, the country’s imports in July increased seven-fold to record the second-highest level, according to the China customs data. In August, the imports of unwrought...
Hydro’s aluminium manufacturing plant in Hungary has been certified against Aluminium Stewardship Initiative’s (ASI) Performance Standard and Chain of Custody (CoC) Standard. The certification covers all the site’s operations, including its extensive automotive-related activities. “This is a great...
