ABB has secured two orders from China’s Southwest Aluminum to supply integrated automation and digital technologies for two six-high aluminium cold rolling mills, supporting the manufacturer’s wide-strip production expansion and upgrade. The projects involve a 2,500 mm two-stand mill and a 3,000 mm single-stand mill, with both lines expected to be fully commissioned and operational by the end of 2027. Chongqing-based Southwest Aluminum is a subsidiary of the Aluminum Corporation of China (Chinalco). The orders build on the longstanding cooperation between ABB and the aluminium producer, with the latest projects focusing on process stability, control precision and production performance. Explore insights and forecasts for the aluminium flat rolled products (FRP) market from our...
India-based PG Foils Limited plans to establish a downstream aluminium manufacturing facility in Bahrain, focusing on electric vehicle (EV) battery foil and pharmaceutical foil production. The proposed investment is expected to expand the kingdom’s aluminium downstream capabilities and strengthen its manufacturing base. Bahrain’s Ministry of Industry and Commerce signed a letter of intent with PG Foils for the project. The agreement was signed by Industry and Commerce Minister Abdullah bin Adel Fakhro and PG Foils Joint Managing Director Sahil Shah during the fourth edition of the Gateway Gulf expo, which opened on November 1 in Manama. Explore: The most comprehensive and forward-looking industry-focused report – Aluminum Foil Market Report Forecast Till 2035 Hosted by the Bahrain...
Grow with
AL Circle
A solid performance in both domestic and overseas markets in the six months to June indicates 2018 could be a good year for European aluminium foil rollers, according to figures released recently by the European Aluminium Foil Association (EAFA). Total deliveries of 464,000 tonnes in the year to date are 2.3% ahead, almost double the increase seen for the same period in 2017, indicating increasing demand in all markets. Thinner gauges, used mainly for flexible packaging and household foils, led the way with a 3.8% increase. Deliveries of thicker gauges, used typically for semi-rigid containers and technical applications, were down 0.5% in the first six months. Exports continued towards an overall increase of +21% for the first half of 2018, well ahead of the year before. Domestic...
The state-owned Navartna Company under Ministry of Mines National Aluminium Company Ltd. (Nalco) has reportedly pitched for Angul Aluminium Park as a potential area for collaboration with Russia for technology and investment, on August 29. This news came after a discussion in the seventh session of India-Russia Sub-Group on Mining under the India-Russia Working Group on Modernization and Industrial Cooperation, to particularly identify the areas of cooperation and collaboration. Angul Aluminium Park is an exclusive state-of-the-art industrial park for ancillary and downstream industries of alumina and aluminium, jointly promoted by NALCO and IDCO. Industry experts have also voiced in favour of this collaboration as they believe it will bring in Russian high-end technology in downstream...
With each passing year, aluminium semi-finished products are becoming an obligatory raw material used in the construction industry across the globe. Over the past 50 years, its use in building applications in the form of rolls, bars, and rods has shown a continuous and consistent growth. Thanks to the characteristics and properties of aluminium as a material that have led to revolutionary and innovative changes in building techniques and architectural and engineering projects. {newsStudioGallery} Even in the United Arab of Emirates, architectural, building, and secondary applications are accounting for a huge growth of the aluminium extrusion market. This is expected to grow further with significant investments being made in the transportation, electrical and industrial sectors across the...
The Pittsburgh-based world’s sixth largest aluminium products maker Arconic Inc. is busy discussing acquisition offers for the entire company, people familiar with the matter updated. Last month, the company had also made an announcement of its sale process but only for building and construction systems unit. On this current update, the company witnessed 4.7 per cent jump in its shares on Friday to close at US $22.23, giving the company a market capitalization of $10.7 billion. Reportedly, activist hedge fund Elliott Management Corp, the winner of board representation at Arconic last year following a proxy contest, has been instrumental in pushing the company to explore a sale. However, some of the private equity firms have expressed doubts over whether the company's high price...
The transport sector and the energy transition are driving demand for aluminium. The lightweight construction megatrend ensures excellent growth opportunities for aluminium as an industrial material. All around the world, the industry is making new investments to gear up for an economy that continues to boom. This positive mood is felt as well at the ALUMINIUM World Trade Fair in Düsseldorf, Germany. From 9 to 11 October 2018, the Exhibition Centre on the Rhine will again become the global marketplace of the aluminium industry. Some 1,000 exhibitors from around the world will be in Düsseldorf, the exhibition area will grow to 80,000 square metres – a clear indication of the current momentum in the aluminium industry. Spread across six exhibition halls, global players, specialists and...
Aluminium manufacturing market in Turkey is growing at a moderately steady pace. A recent market research report by Technavio suggests the market will grow at a CAGR of about 4 per cent until 2020. The demand for aluminium in the domestic building and construction sector is seen as a major growth driver for this market. Aluminium extrusion and flat-rolled aluminium product manufacturers would produce over 900,000 tonnes of products in a year to supply to the global companies operating in construction, automotive, and packaging sectors. On this note, it is to be mentioned that aluminium bar rods and profiles, and aluminium plates sheets and strips exports from Turkey are likely to see a year-on-year growth. The below chart shows that in 2017, Turkey had exported an estimated amount of...
AAI organized a One Day National Seminar on “Aluminium in Extrusion: Next generation, New Innovations” on Thursday, 23rd August 2018 at The Chancery Pavilion, Residency Road, Bengaluru, India. Aluminium extrusions are used for their strength, flexibility, durability and sustainability in various sectors such as construction, transportation, electrical, machinery and consumer durables. Easy recyclability has also boosted the usage of aluminium extrusion in these sectors. Market research analyst estimates the global aluminium extrusion market to witness a tremendous growth @ 7 to 8% CAGR. Focus will be on Transport and B&C segments. At the same time there are challenges from other materials. India, one of the fastest growing economies, has opened up a avenues for more and more applications...
On Monday, August 20th, Representative Steve Womack toured JW Aluminum’s Russellville facility and discussed issues including trade, tax cuts, the local work force, national debt and social security. During the site visit, Representative Womack participated in a presentation by JW Aluminum’s Chief Executive Officer Lee McCarter, went on a plant tour led by Russellville’s Plant Manager Mike Whitten, and met with JW Aluminum teammates to learn more about plant operations and issues concerning his constituents in the Third District of Arkansas. JW Aluminum manufactures flat-rolled aluminium products including fin stock used by the heating and air-conditioning industry, light gauge converter foil for the flexible packaging industry, honeycomb foil for the aerospace industry, sheet products...
The family company Achenbach Buschhütten will present itself at the ALUMINIUM 2018 show as specialist for rolling and foil slitting technology for the production of aluminum flat rolled products at the highest quality level. The strategic approach is to offer ‘everything from one single source’: layout, design, and manufacturing, assembly, commissioning; including product lifecycle management with services and consulting. Mastering the technology in every single detail and continuously developing the machines rank among the success factors of Achenbach. Pic: Achenbach Rolling Mill Simulator live This integrated approach is continuing with the new cloud-based platform Achenbach OPTILINK® targeted to provide the customers with an instrument for the optimization of the entire flat rolled...
Bharat Forge, the largest forging company in India, has lined up capital expenditure of INR 1,250 crore for FY19 and FY20. The fund will be invested in opening new plants and securing defence contracts. The Kalyani Group-controlled company plans to invest US$55 million (inr 380 crore) on setting up an aluminium forging plant in the US for its automotive clients. The company will further invest INR 500 crore capex in FY19 and about INR 350 crore in FY20 in business expansion. Commenting on the expansion plan, Amit Kalyani, Executive Director, Bharat Forge, said, “We are now in the midst of Rs 500 crore capex where we are expanding our forging and machining capacities. This will start coming online from next year and will provide us substantial growth headroom. In FY19, our capex is about...
The preparations for building a new plant to produce alloy wheels for the automotive industry at Fort William aluminium smelter are reportedly progressing well. GFG Alliance, the expertise of world-class industrial, natural, and financial resource, was granted the responsibility to plan for the project early this year. It now reports that the plan is right on track and the building work should be initiated soon. A spokesman for the multinational firm said: “We’ve erected project offices next to our aluminium smelter, with five full time project-management staff already in post and a further eight due to join the team over the coming months. He also updated that the site clearance work is under process and is steadily working through conditions attached to the planning approval....
Aluminium alloys (ADC12) price in the Chinese spot market was found to record a significant hike of RMB 100 per tonne on August 21, 2018, to gain back the scale it had before a plunge on August 16, 2018, according to Shanghai Metals Market. The price thus, hovered at RMB 15650 per tonne on August 21, after displaying a restraint from August 17 to August 20, 2018. As of today, August 22, the alloys (ADC12) price has shown no further movement and still hovers at RMB 15650 per tonne. Aluminium alloy (A356) and aluminium alloy (A380) prices neither laid back to register a hike on August 21 but showed no progress as of today, August 22. While the price of aluminium alloy (A356) is standing at RMB 15250 per tonne for past two days in a row after climbing RMB 200 per tonne, the price of...
Canada and China remain two major exporter of semi-finished aluminium to the US. With the on-going trade disruptions between the US and its exporting countries, and the imposition of 10% tax on imported aluminium, the dynamics are seeing a multi-dimensional change. The countries have already started imposing retaliatory tariffs on the US on various products. We are analysing the export figures for aluminium Plates, sheets, bars for May and January to May 2018 from both the countries. {newsStudioGallery} The data shows, Canada exported about 21,300 tonnes of aluminium Plates, sheets, bars to the US in May and for the period from January to May the amount stood at 115,000 tonnes. For Canada, the export volume remained almost flat month on month in the first five months of 2018. For China,...
According to the latest report from a trade group on Monday, August 20, Turkey has urged the World Trade organisation (WTO) for dispute consultations with the United States regarding the doubling of duties on certain imported aluminium and steel products. The WTO said, “Turkey claims that the measures are inconsistent with a number of provisions of the WTO’s Agreement on Safeguards and the General Agreement on Tariffs & Trade [Gatt] 1994.” On August 10, the Trump administration had declared to double the import tariffs from Turkey from 10 per cent to 20 per cent on aluminium products and from 25 per cent to 50 per cent on steel products. On August 13, the duties went into effect. The WTO also reported if Turkey and the US failed to resolve the dispute in next 60 days from August 20 then...
According to a report from China Nonferrous Metals Industry Association, China's aluminium demand is likely to settle at 46 million-50 million tonnes by 2023. CNIA forecast China's per capita aluminium consumption would experience the peak in around six to seven years. Around 2023, the country will see a slowdown of aluminium demand growth as the Chinese economy would move from high-speed growth to medium-to-high-speed growth. According to CNIA Director Fan Shun Ke in a post-industrialization phase, a slowdown in demand growth is common, as the aluminium demand growth seen dipping to around 6% from double digit rates in previous years. CNIA also said that the Sino-US trade war is expected to have a direct and indirect impact on the Chinese aluminium products sector. CNIA is urging the...
Indian aluminium industry has been known primarily because of the three major primary producers Nalco, Hindalco and Vedanta. The semi-finished sector is dominated by the SME sector. The major chunk of India’s aluminium consumption is driven by power sector and building and construction sector. This has driven the growth of domestic aluminium extrusion sector. In India, aluminium extrusions are gaining fast growth due to increasing usage in building and construction sector. Construction growth due to government’s smart city projects, infrastructural spending and rapid urbanization is driving the demand for aluminium extrusions. India has an extensive network of aluminium extruders from the private Corporate and SME sector. We are listing the major aluminium extrusion companies in India...
The Sweden-based aluminium engineering and manufacturing company Granges has reportedly put on ice on its plan to form a new aluminium manufacturing joint venture in the United States with Japan’s Mitsubishi Aluminium Co. According to the report, the project is less attractive in current circumstances. The company said in its statement on Friday, August 16, “Granges has decided to halt the plans for a joint venture in North America, as the project isn’t sufficiently attractive for Granges from a risk-reward perspective given the current circumstances.” Although it did not specify what circumstances it was referring to though a Granges spokeswoman later said they were related to the feasibility of the project and nothing to do with the US tariffs on aluminium imports. Pernilla Grennfelt,...
Braidy Industries announced through a press release on Thursday that it selected a contractor for construction of its aluminium mill in Kentucky, which had been named Braidy Atlas. Braidy selected Kiewit as the company’s Engineering, Procurement, and Construction (“EPC”) contractor. The release did not specify the time or date when construction will commence on the site. The release also confirmed that that SMS Group and EBNER Industrieofenbau GmbH Construction were agreed upon as equipment and furnace providers. The company expects to mark the first production at the mill in 2020. “We are excited to have been chosen by Braidy Industries and look forward to designing and building this important project,” said Tom Shelby, executive vice president of Kiewit Corporation. “We believe our...
