Across Europe, aluminium extrusion has become closely woven into some of the region’s biggest industrial and construction markets. From automotive and transport to buildings and industrial applications, extruded profiles are finding demand across a wide range of sectors. This is reflected in...
Taber Extrusions has launched a $70 million expansion in Russellville featuring North America’s largest aluminum extrusion press, with production scheduled to begin Wednesday and 70 new jobs expected at the facility. The company marked the grand opening of the expanded facility Tuesday, unveiling...
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UACJ, the Japanese manufacture of aluminium products has downsized its production at its domestic plants in response to the plunge in demand, especially from the auto industry, due to the Covid-19 epidemic. On 19 th May’20, UACJ stated it has ceased part of its domestic production for several days...
Aluminium Stewardship Initiative (ASI) announced that Hydro’s seven facilities in Europe have been certified against the ASI Chain of Custody Standard. The certification is for its plants in Birtley (UK), Bedwas (UK), Cheltenham (UK), Chrzanów (Poland), Tibshelf (UK), Tønder Precision Tubing...
Aluminium is a part of many large value chains and the largest of them being the automotive and transport sector. This sector alone represents 36% of the aluminium market. As the automotive industry is facing a severe slowdown or is even stopping production, the aluminium production which includes...
A decree from the Ministry of Finances, published on Saturday in the Official Journal, suggests that the State has guaranteed a loan of 180 million euros to the Constellium group, specialised in aluminium products. The state guarantee is provided to a loan granted to Constellium by the banks BNP...
Namibia, a country in southwest Africa, is distinguished by the Namib Desert along its Atlantic Ocean coast. The country's sophisticated formal economy is based on capital-intensive industry and farming. Namibia's economy is heavily dependent on the extraction and processing of minerals for export....
On the continuous spread of the COVID-19, the auto component manufacturing companies are set to defer their planned capex of around $4 billion till 2022. This decision has been taken to preserve cash and cope with supply chain disruptions, as per the announcement made by a top official of the...
Montenegro-based aluminium company Uniprom has planned to invest 20 million euros in the new manufacturing unit at aluminium smelter KAP's plant in Podgorica. The company will build a new plant for the production of aluminium slabs, SeeNews reported. The construction work of a new plant is expected...
The United Arab Emirates, one of the top aluminium exporters to the US, accounted for 4% of all aluminium imports by the US in February 2020.The UAE’s exports of crude metals and alloys to the US came in at 10,100 tonnes in February 2020, a decrease of 74.88% year-on-year. The UAE had exported...
RUFFINI S.A. resumes switching on the melting tower to re-start its production of casted components, after 30 days of shut-down due to COVID-19 epidemic. The customary die-casting firm based in Barcelona works aligned with the major customers located in Germany, so the supply to Europe has started...
According to Shanghai Metals Market, aluminium billet inventories in China have declined over the week, ending Thursday, May 14, following a marginal rise last week on Wednesday, May 6. As arrivals were limited since the past one week amidst stable shipments from warehouses, the aluminium billet...
The Twelfth International Aluminum Extrusion Technology Seminar has been rescheduled on May 11 – 13, 2021, as announced by the Aluminum Extruders Council (AEC) and the ET Foundation. The seminar, now named ET 2021, will be conducted at the Hilton Orlando on Destination Parkway, minutes from I-Drive...
Mexico’s imports of total aluminium including scrap from the US stood at 50,200 tonnes in February 2020, a decrease of 12.54% from 57,400 tonnes in February 2019. On a month-on-month comparison, imports increased by 2.03% from January’s imports of 49,200 tonnes, as updated by the US Census Bureau....
The United States Geological Survey found no notable development in Saudi Arabia’s aluminium plates, sheets and bars exports to the US in February 2020. In January, Saudi Arabia’s aluminium semis exports to the US were 7,470 tonnes, while that in February were 7,450 tonnes. The exports in January...
PARC Robotic Systems reinstated their two aluminium part factories in Pune at the western province of India. Bharat Gite, Director of PARC Robotic stated that he spent days servicing idle machines, sanitising his premises and putting in place social distancing norms for staff. The aluminium...
The United States Geological Survey data showed Russia’s crude metal and alloys exports to the US rebounded in February 2020 after month-on-month drops in the last two months. According to the USGS report, Russia’s exports in February were 17,700 tonnes to the US, compared to 13,100 tonnes in...
Novelis Inc., the world leader in aluminium rolling and recycling, announced fourth quarter and fiscal 2020 results. Net income stood at $63 million in Q4 FY 2020, down 39% from last year. For the full year, net income decreased by 3% to$420 million Excluding tax-effected special items, the company...
According to the data shown by the General Administration of Customs, China’s exports of unwrought aluminium and aluminium products decreased in April by 11.4 per cent over the year to 441,000 tonnes. In April 2019, China’s exports were around 491,274 tonnes. In March 2020, China had exported...
Canada’s exports of crude metal and alloys to the US fell by 3.97% or 6.000 tonnes year-on-year to 145,000tonnes in February 2020. On a month-on-month comparison, exports registered a decrease of 31.92% from 213,000 tonnes, according to the latest Mineral Industry Survey report from US Geological...
