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 Europe’s position in the global market: the region accounted for 12 per cent of global aluminium extrusion capacity, making it the second-largest regional contributor after China. At the same time, Europe represented 10 per cent of global aluminium extrusion usage, out of total global usage of 35.35 million tonnes . With production capacity and usage shares relatively close, Europe’s extrusion capacity and consumption are broadly at par. If we break down Europe’s 10 per cent share of global aluminium...
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 the new 10,000-metric-tonne aluminium press. Taber Extrusions has operated in the Russellville community for more than 50 years, making the latest investment a significant addition to its long-standing local presence. Arkansas Gov. Sarah Huckabee Sanders attended the ceremony and said the project would strengthen manufacturing employment in the River Valley while supporting the US industrial base. "This will be another major employer for Russellville and the entire River Valley. It will further...
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According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas stood at 91,300 tonnes as of Thursday August 22, down some 2,400 tonnes from Thursday August 15. Aluminium billet inventories extended their declines while consumption remained sluggish. Inventories of aluminium billet in Foshan, Guangdong dropped 3,100 tonnes from Thursday, 15 August 2019 to stand at 40,800 tonnes on Thursday, 22 August 2019. Aluminium billet stocks in Wuxi, Jiangsu and Changzhou, Jiangsu rose 1,400 tonnes and 2,000 tonnes to 17,900 tonnes and 15,000 tonnes. Stocks in Huzhou, Zhejiang and Nanchang, Jiangxi stood at 9,000 tonnes and 8,600 tonnes, a drop of 1,000 tonnes and 1,700 tonnes from Thursday August 22. The prices of aluminium alloys (A356) registered an...
U.S. Court of International Trade has affirmed virtually all of the U.S. Department of Commerce’s final antidumping determination on certain aluminium foil imported from China. The Aluminum Association has welcomed the court’s decision in a statement. Aluminum Association Vice President for Policy and International Trade Lauren Wilk said: “The Aluminum Association was pleased that the U.S. Court of International Trade affirmed the bulk of the Department of Commerce’s final antidumping determination on certain aluminium foil from China. The court’s decision reinforces the critical role rules play in a functioning global trading system. Targeted trade enforcement – as we’ve seen successfully deployed in the U.S. markets for aluminium foil and common alloy sheet– can have a meaningful and...
According to a recent report, the Zimbabwe Electricity Distribution Company (ZETDC) has started removing copper cables and replacing them with aluminium conductors along the Bulawayo-Plumtree grid to curb vandalism. Constant occurrence of copper cable theft mainly on a stretch between Bulawayo and Figtree has moved the ZETDC to decide on removing cables and substituting them with aluminium conductors. Recently, the border town and its surrounding environs went for close to a week without electricity after thieves stole a 1,2 kilometre-long copper cable at Cyrene High School in Figtree. As per the report, aluminium cables have been fitted along the stretch from Figtree to Plumtree. Zesa Holdings Plumtree area manager, Victor Ndawana, revealed the new development to members of the Civil...
Xiamen Xiashun has achieved Aluminium Stewardship Initiative certification against ASI Chain of Custody Standard for its Haicang Foil Plant, Head Office, Huli Plant, and Sheet Plant in Xiamen, China. The certification includes Aluminium Re-melting / Refining, Casting and Semi-fabrication operations. The company is the first of ASI’s China-based members to be able to offer their customers ASI aluminium. Vice President, Sales & Marketing of Xiashun, Eric Loh said, “It means a new start for Xiashun to pass the dual certification of the ASI Performance Standard and the ASI Chain of Custody (CoC) Standard. Apart from committing ourselves to become a “capable, responsible and sustainable” company, we will drive our stakeholders to join the ASI organization and make their due contribution to the...
South Korea exported 31,500 tonnes of aluminium (crude metal and alloys, aluminium semi-finished products and scrap) to the US in the first five months of 2019, from 17,800 tonnes exported in the first five months of 2018. In May, total aluminium exports stood at 5,300 tonnes, up 244.16% year-on-year, but down 20.3% month-on-month, according to the latest Mineral Industry Survey report from US Geological Survey. {newsStudioGallery} Aluminium semi-finished products export rose 148.78% year-on-year to 20,400 tonnes in five months period. In May, exports stood at 2,690 tonnes, an increase of 78.15% year-on-year from 1,510 tonnes. Exports dropped 46.63% month-on-month. On the import side, South Korea's imports of total aluminium from the US stood at 128,000 tonnes in the first five months of...
JW Aluminum, which started an ambitious $300 million expansion at the metal maker’s Goose Creek plant with the implementation of anti-dumping duties on Chinese-made aluminium, says that its expansion is well on track and is likely to be over by three years. The expansion will double the capacity at the plant while relying solely on recycled aluminium for its raw material. New, state-of-the-art equipment was transported to the site last week and the new expansion will produce a continuous ribbon of flat-rolled aluminium for the construction industry. The expansion will make JW aluminium one of the most high-tech and environmentally friendly continuous cast facilities in the world. JW Aluminum is replacing its old equipment without halting the production. The company is moving its corporate...
According to a report, the global aluminium foils market is expected to grow at a CAGR of 5.5 percent until 2020 to reach 6.4 MMT during the forecasted period, primarily driven by the increasing demand for beverage cans, the major end-user of aluminium foil. The demand for aluminium foils is going to increase in regions such as Brazil, Venezuela, Argentina, and Mexico of which nearly 35 - 40 per cent of the market share will be occupied by the packaging industry. {newsStudioGallery} India has also emerged as an important hub of aluminium foil consumption, owing to the change in life style, which includes changed food habits that led to an increased demand for foil packaging. Growing demand for ready to eat confectionaries and pharmaceutical products is another major growth driver for...
Top automotive component manufacturing companies are reportedly entering the aluminium forging business to start making triple clamps and active clamps used for the manufacture of inverted front forks. The potential is to reach INR 125 crore within three years after the start of supplies. The news came after Anurag Jain, managing director of Endurance Technologies, said on Saturday, August 17. According to Mr. Jain, venturing into this new business will give Endurance an opportunity to grow aluminium forging proprietary to other two-wheeler and four-wheeler aluminium forging requirements, including electric vehicles. He believes that this will help the company increase its profit margins. By and large auto component analysts think that the trend of transitioning to aluminium forging...
Almex USA Inc. has announced its selection as the technology and equipment provider for the future casthouse of Western Extrusions Corporation of Carrollton, Texas, USA. Western is one of the leading independent aluminum extruders in North America and its Carrollton facility among the largest in America at a single site. Western Extrusions awarded Almex USA the order for a “Furnace to Finish” project scope for Western’s billet casting center. The supply scope includes two 110,000 lb capacity Ultra-Ultra-Low NOx and energy efficient Regenerative Combustion Melting Furnaces, Almex’s patented LARS® molten metal degassing and purification system, Almex’s MEGA™ DC casting machine, and the complete casting water management system, along with facility design and all other peripheral casting line...
Manaksia Aluminium Company reported an 11.11 per cent increase in net profit in the quarter ended June 2019. Net profit increased from INR 0.45 crore in the quarter ended June 2018 to INR 0.50 crore in the quarter ended June 2019. Manaksia is one of the leading producers of aluminium flat products in India. Sales of Manaksia Aluminium Company increased 33.08 per cent to INR 80.82 crore in the quarter ended June 2019 as against INR 60.73 crore during the quarter ended June 2018. Manaksia has an annual production capacity of 30,000 tonnes per year. The company’s major products include aluminium coils, aluminium plain sheets, aluminium roofing sheets, aluminium pre-painted/color coated coils, aluminium flooring sheets (5 Bar & Diamond pattern) etc. Manaksia has one of the largest aluminium...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas stood at 93,700 tonnes as of as of Thursday August 15, down some 2,200 tonnes from Thursday August 8. Aluminium billet inventories dropped this week with a significant decline in stocks in Foshan city of south China’s Guangdong province. Inventories of aluminium billet in Foshan, Guangdong and Wuxi, Jiangsu dropped 9,900 tonnes and 300 tonnes from Thursday, 8 August 2019 to stand at 43,900 tonnes and 16,500 tonnes on Thursday, 15 August 2019. Aluminium billet stocks in Changzhou, Jiangsu remains unchanged at 13,000 tonnes. Aluminium billet stocks in Huzhou, Zhejiang and Nanchang, Jiangxi stood at 10,000 tonnes and 10,300 tonnes, an increase of 1,500 tonnes and 3,500 tonnes from...
Globally, automotive aluminium rolled product market is growing, driving the demand for aluminium plates, sheets and strips. According to a report, aluminium flat rolled products market size is expected to exhibit US$129,100 million by 2024, at a CAGR of 6.8 per cent. To cash on this growing business sector, Turkey, over the past few years, has been found increasing its export of aluminium plates, sheets and strips. According to the global export-import data, Turkey in 2016 exported 138,117 tonnes globally, which in 2017 increased to 175,447 tonnes, up 27 wthper cent, and in 2018 216,545 tonnes, up 23.42 per cent year-on-year. This year, the rise is estimated to continue to 248,742 tonnes, recording a sweeping growth of almost 100 per cent. The United Kingdom, which is the second-highest...
A local media report says Maan Aluminium has reported 29.07% rise in total sales to INR 135.91 crore in the quarter ended June 2019. This was against a sale of INR 105.30 crore during the quarter ended June 2018.The company is one of the key players in the aluminium extrusion industry in India and it now includes both trading and manufacturing operations. Net profit of Maan Aluminium increased 0.88% to INR 2.28 crore in the quarter ended June 2019 as against INR 2.26 crore during the June quarter 2018. Currently, it is one of the nation's largest manufacturers and exporters of Aluminium extruded products from central India. The company is exporting its products globally, and is accredited with One Star export house status. Maan has an annual capacity of 9,000 metric tons under one roof...
China’s exports of unwrought aluminium and aluminium products dipped 6.17% year-on-year in July, according to China customs data released on August 8. China exported a total of 487,000 tonnes of unwrought aluminium and aluminium products last month. Aluminium exports declined by 3.8 per cent month-on-month, customs data showed. China had exported 506,000 tonnes in June, down 30,000 tonnes from May. Total exports stood 7.2% higher in the first seven months of 2019. Unwrought aluminium and aluminium products export reached 3.47 million tonnes in the mentioned period. The YoY decline in export was due to the high price ratio of SHFE aluminium to its LME counterpart, the recovery of the Chinese yuan from June, and front-loading in May-June. A weaker yuan could help to boost aluminium exports...
For the First Time in India three concurrent events GDC Tech 2019, LWT 2019 and M&T 2019 are being held in the Conference and Exhibition MMTS 2019. GDC Tech will focus on the upcoming technologies in the Aluminium Die Casting industry. LWT will highlight the Light Weighting Technologies to improve environment and fuel economy. M&T will provide a platform to showcase the latest developments in Measurements and Testing for Automotive and related sectors. GDC Tech will feature exciting events such as Project Competition and Best Casting Competition along with a technical Quiz programme. The Exhibition will be spread across 5500 sqm at Chennai Trade Centre with over 100 stalls showcasing latest technologies, new developments in Aluminium Die Casting, Light Weighting and Measuring & Testing....
Aluminium imports by the US for consumption stood at 2.43 million tonnes during five months period 2019, down 480,000 tonnes or 16.49% from 2.91 million tonnes during five months period 2018, according to the latest Mineral Industry Survey report from US Geological Survey. In May, the US imported 478,000 tonnes of aluminium, down 10.32% from May 2018 and 6.27% from April. {newsStudioGallery} The US imports of crude metal and alloys decreased 17.77% year-on-year to stand at 287,000 tonnes in May 2019. Crude metal and alloys import were at 349,000 tonnes in May 2018. Imports dropped 8.6% month-on-month from 314,000 tonnes in April. In the first five months of 2019, the US imported 1.5 million tonnes of crude metal and alloys as compared to 1.99 million tonnes in the first five months of...
According to the latest report from Aluminum Association, “Index of Net New Orders of Aluminum Mill Products” in the U.S. declined consecutively in June and July. The Association’s “Index of Net New Orders of Aluminum Mill Products” for June 2019 declined 6.4 per cent from May 2019. In July, the index further declined 2.0 per cent from June 2019. Orders for flat roll products (sheet, plate, can stock and foil) decreased 8.6 per cent month on month in June. In July, orders for flat roll products were further down by 1.3 per cent from June. Orders for extruded products rose slightly in June month on month but, in July, the orders were down 3.2 per cent. Orders for redraw rod increased 8.2 per cent in June but dropped 12% in July. In June 2019, total orders decreased 10.5 per cent YoY, while...
According to a recent report, National Aluminium Company (Nalco) has proposed to set up a new division where it will develop technology for making equipment specific to the domestic aluminium sector. As per the report, the Nalco board has already cleared the proposal and sought approval of the mines ministry. Nalco’s plan is to first collaborate with foreign suppliers who will help develop the technologies, and then to tie up with domestic fabricators to manufacture equipment that will largely be India-specific. Nalco chairman and managing director TK Chand said, “We will induct the best of the brains. We will go to the IITs. In addition, we will be making a global advertisement with the aim of roping in some of the best NRI technocrats looking for opportunities back home.” He also said,...
