Uno Minda is set to invest around INR 14.15 billion (USD 147.51 million) across four manufacturing expansion and consolidation projects, with a major portion of the spending directed towards increasing its aluminium casting capacity in Hosur, Tamil Nadu. The automotive components maker plans to...
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,...
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On Tuesday, August 18, Orange City Council approved a development application for a $4.8 million aluminium extrusion and powder coating plant on the site of the former Electrolux factory. A-Tech Extrusion Systems, an industry leader in supplying high quality aluminium windows & doors across Sydney,...
ALUCAST 2020 has been cancelled because of the global concerns over public health & safety due to COVID-19. The event was scheduled to be held from 3-5 December, 2020 in Chennai. ALUCAST 2020, one of the most anticipated events for the aluminium die-casting Industry, was expected to attract more...
According to the data released by the United States Geological Survey for May 2020, the US aluminium plates, sheets and bars exports to Mexico stood at 13,800 tonnes, down by 4,700 tonnes or 25.41 per cent from 18,500 tonnes in April. In March 2020, the United States exported 26,900 tonnes of...
Bahrain exported 38,300 tonnes of crude metals and alloys to the US in the first five months of 2020, from 63,500 tonnes exported in the first five months of 2019. This records a decrease of 40% or 25,200 tonnes year-on-year, according to the latest Mineral Industry Survey report from US Geological...
Shangqiu Yangguang Aluminium Product Co.,Ltd. has joined Aluminium Stewardship Initiative (ASI) as new Production & Transformation member. This brings the total number of members working toward a responsible aluminium value chain to 129. Shangqiu Yangguang Aluminium Product Co.,Ltd., established in...
Japanese manufacturers of aluminium metals saw their output drop in the April-June quarter as automakers temporarily close-down plants to control the spread of the COVID-19 virus and to match slide in demand. The industry is expecting a gradual pick-up in metals used in automobiles and other...
Sri Lanka’s premier producer of high-quality aluminium extrusions for high-rise buildings and other applications Lanka Aluminium Industries PLC appoints Dinal Peiris as Chairman. Mr Peiris is an experienced and multi-skilled business professional, who was holding the position of Managing Director...
Hindalco Industries Ltd has dropped its aluminium products price after hiking the price of the same product by 1% on August 12. With effect from Saturday August 15, the company’s wire rods price stands at INR 159,850 per tonne, marking a decline of 1.08% or INR 1,750 per tonne from INR 161,600 per...
On 14 th August’20, aluminium primary foundry alloy premiums in Germany and Eastern Europe swing up, after two long years. The growth has sent a positive note to the industry breaking the downfall trend that initiated in 2018. Premiums for aluminium primary foundry alloy in Europe reflected upward...
The European Commission on 14 th August’20 commences an investigation for allegedly dumped imports of certain aluminium flat rolled products from China in the 27-country European Union based on a complaint by a European group of producers. The EU moves is accompanied by another anti-dumping...
DuckerFrontier, a Washington headquartered global research and consulting agency delivering clients with high-quality insights for making valuable decisions, on 12 th August’20 came up with a survey, which confirms that aluminium already is the rapidly growing automotive material and is expected to...
As updated by Shanghai Metals Market, inventories of aluminium billet in China declined this week as arrivals at warehouses in Guangdong and Jiangxi rose. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 69,400 tonnes as of Thursday August 13, a drop of 6,400...
The latest data of the US Geological Survey showed the United States exports of aluminium plates, sheets and bars to Canada continued to trend down in May 2020. Barring a rise in February, the United States aluminium semis exports to Canada saw incessant falls during March-May 2020. The United...
Hindalco Industries Ltd has increased its aluminium products price after cutting the price of the same product on August 11. With effect from Wednesday August 12, the company’s wire rods price stands at INR 161,600 per tonne, an increase of 0.94% or INR 1,500 per tonne from INR 160,100 per tonne....
Novelis Inc., the world leader in aluminium rolling and recycling, has reported the first-quarter results of fiscal 2021 ended June 30, mentioning a net loss of $61 million from continuing operations, down 148 per cent year-on-year. The company’s net income totalled $22 million during Q1 FY2021,...
Jiangsu Pomlead, aluminium wheel hub manufacturer in China, is reportedly on track to launch its second production line, in a bid to expand Chinese aluminium alloy wheel hub capacity. The second production line is expected to commission in September with a capacity of 500,000 units per year. This...
The US imports of crude metal and alloys rose 10% year-on-year to stand at 316,000 tonnes in May 2020. Crude metal and alloys import were at 287,000 tonnes in May 2019. Imports dropped 6.5% month-on-month from 338,000 tonnes in April, according to the latest Mineral Industry Survey report from US...
An aluminium plate has been made with a laser process in a way that no water droplets can adhere to its surface and dirt particles can be removed without the use of any chemical cleaning agents or additional efforts. A joint effort of a project team of Technische Universität Dresden and the...
