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...
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The U.S. Commerce Department announced the submission of the results of its national security investigation on imported aluminium. The department submitted the report to the President Donald Trump on Friday. Reuters reported Trump administration officials confirmed that the findings in the Section 232 probe were delivered by the U.S. Commerce Department though no further details on the matter have been divulged. "After this submission, by law the President has 90 days to decide on any potential action based on the findings of the investigation," according to the U.S. Commerce Department. “We look forward to swift and decisive action by the President on this issue in order to save the American aluminium industry. American producers need comprehensive relief against excess capacity from all...
According to Shanghai Metals Market, Chinese exports of semi-finished aluminium products surged 60,000 tonne to 440,000 tonne in December, as domestic firms boosted production and exports in order to deliver before the Feb 1 ruling of the US Department of Commerce's investigations on anti-subsidy practices. According to SMM, the increase was mainly seen in plate and strip products. Exports of aluminium plates to the US are expected to slow in January but that will be compensated by exports of cast-rolling coil from China to the rest of the world other than the U.S. Overall, SMM sees a decline in China's export of unwrought aluminium in January and a significant decrease of exports of aluminium plates, strips and foils to the US in 2018. The average price of A00 ingot in China has dropped...
The Indo-Italian Metal Hub seminar was inaugurated today in Bhubaneshwar, Odisha. The first-day’s programme titled “Aluminium Age- Smart Metals, Finance and the Industrial Parks of the Third Millennium” started with the welcome address of Mr S.K.Dash, Treasurer- Aluminium Association of India & Executive Director (Business Development & R&D), NALCO. Mr. Kamal Prakash, Director Jiwanram Sheoduttrai Group, was the Special Guest for the day. Other guests of honour for the session were Mr. Damiano Francovigh, Italian Consul General in India, Mr. Maurizio Sala, President Amafond, representing the Associations: Amafond, Assomet, Assofond, Mr. Sanjay Kumar Singh, CMD, IDCO, and Ms. Francesca Bruni, President Art Valley. Mr. Sanjeev Chopra, Additional Chief Secretary-cum-Principal Secretary to...
The recent rise in China’s aluminum exports has had a limited impact on the Asia market to date due to the moves that participants made to protect their businesses after a similar surge in 2015, market sources said Friday. London Metal Exchange aluminum prices traded higher than Shanghai Futures levels in December, prompting Chinese plants to export aggressively over the past two months. A similar situation emerged in the first half of 2015, which significantly impacted the Asia market. This time, few market participants in Asia are feeling the direct impact of the increase Chinese exports, as they are able to compete more effectively, trade and producer sources said. S&P Global Platts surveyed two producers and five trading firms this week on the impact of China’s increase in exports....
Le Belier has planned to inaugurate a new facility for the production of aluminium casting in June. The facility will be the first plant in Serbia that will manufacture aluminium casting. Le Belier is a French company specializing in the production of aluminium components primarily for the automotive industry. The company supplies brake system components and aluminium chassis for the global automotive industry. Le Belier has invested 6 million euro in the construction of the new facility. The company is planning to invest an additional 1.5 million euro by the end of the year. “The production in the new hall is to start in June. This is a mechanical processing facility and this is the first facility in Serbia that will produce aluminium castings,” Jean Sebastien Ackx, Director of the...
Danieli, one of the leading suppliers of equipment and plants to the metal industry, has announced that it will supply a rolling mill specifically for conducting research to RUSAL. The company will install the new rolling mill at RUSAL’s Engineering and Technology Center in Krasnoyarsk, Russia. Danieli said in its press release that the new rolling mill will allow RUSAL researchers to perform and accelerate the development of new aluminium alloys and processes in the most comprehensive, efficient and economical way. “One of the major requirements of the requested mill is the flexibility to replicate all potential rolling operations, ranging from hot rolling of thick ingots to cold rolling of thin sheets.” “The technical solution to roll the requested aluminium alloys consists of a 2-high...
Vedanta Resources Plc. is considering making a bid to buy Ohio-based aluminium rolled products maker Aleris Corporation. Vedanta’s key products are aluminium, alumina, copper, and iron ore among others. “While there is no certainty that Vedanta will eventually make a bid for Aleris, competitive bidding, if it happens, can make the deal expensive for the acquirer,” sources preferring anonymity said. Earlier this month, Hindalco Industries Ltd. had made non-binding offer valued at around US$2.5 billion (including debt) through its India aluminium giant’s U.S. unit, Novelis Inc. Aleris, owned by Oaktree Capital Group LLC and Apollo Global Management LLC, had earlier agreed to a buying bid from the Chinese-origin Zhongwang USA LLC. The deal was called off in November last year after the U.S....
Busche Performance Group (BPG) has finalized an agreement with MetalX for sourcing all aluminium raw materials for BPG foundry operations. MetalX will manage all activities related to the sourcing, procurement, delivery, and administration associated with aluminium scrap and refined aluminium products consumed and generated by BPG’s aluminium foundries. Daniel J. Dressler, VP of Procurement and Business Development for parent company BPG said, “This agreement will allow the foundry division to be better connected to the aluminium markets and gain significant benefits from the MetalX team’s expertise with buying and selling of aluminium raw materials in the metals marketplace.” “This will also allow BPG foundries to focus on growing their foundry operations and “partner” with a...
South Africa, the 33rd largest importer in the world, is estimated to import less aluminium wire this year. The top aluminium wire exporter to South Africa is Mozambique. Mozambique exported an estimated 26210 tonnes of aluminium wire in 2017. The country imports major chunk of this product from Malaysia, Oman and India. As per global export-import data, South Africa’s aluminium wire imports reached an estimated total of 35355 tonnes in 2016. In 2017, the volume increased noticeably to stand at 45894 tonnes. In 2018, the estimated aluminium wire import is expected to reach 42507 tonnes. The total aluminium wire import was valued at US$75 million in 2016, which increased to reach US$110 million in 2017. In 2018, the value of imports of this product is also expected to decline in 2018....
Shape Corporation has signed a purchase agreement Ohio-based aluminium extruder, Magnode. The acquisition is expected to close in early March and will increase Shape’s lightweight product and process portfolio. Shape president Mark White said, “Coupling Magnode’s decades of experience in the aluminium extrusion business with Shape’s global footprint and engineering know-how in impact energy management and body structures will mean that Shape is now a fully integrated, one-stop shop for customers seeking aluminium solutions.” “We can support customers with engineering, development and manufacturing in both 6000 or 7000 series aluminium applications and our value stream is optimized to provide the most competitive solutions possible.” The company said that Magnode’s Trenton, Ohio facility...
As reported by Shanghai Metals Market, Average A00 ingot price dropped RMB 250 per tonne today to stand at RMB 14,700 per tonne and expected to move within a range of RMB 14,680-14,720. Spot discount will range within RMB 120-80 per tonne today. Aluminium ingot prices registered a drop in all individual markets in China. The following table shows the trend in ingot price in the domestic markets: Average prices of aluminium alloys have registered a drop in all markets today following the fall in A00 ingot price. Average Aluminum Alloys (ADC12) price stands at RMB 16150 per tonne. Aluminium Alloy (A356) prices dropped to RMB 15,400 per tonne and Aluminium Alloy (A380) prices dropped to RMB 16,900 per tonne. SMM observes that the December operating rates of aluminium sheet, strip and foil...
The U.S. International Trade Commission (USITC) made a unanimous preliminary determination on 12 January that unfairly-traded imports of common alloy aluminium sheet from the People’s Republic of China (“China”) are causing injury to U.S. producers. The determination assured the proceeding of the antidumping and countervailing duty cases against imports from China. The USITC’s unanimous preliminary injury determination follows the announcement by Secretary of Commerce Wilbur Ross, in November 2017, of the Commerce Department’s self-initiation of antidumping and countervailing duty investigations of common alloy aluminum sheet from China. This action by the Commerce Department marked the first time in more than 25 years that the agency has exercised its discretion to self-initiate unfair...
India, a net importer of aluminium tubes and pipes, will continue to import more of the downstream semi-finished product in 2018. From the trend extrapolation forecast method it is observed that the import of aluminium tubes and pipes from the country will surpass export by around 4,987 tonnes. However, import of aluminium tubes and pipes by India is projected to drop more (year-over-year) in comparison to export (by volume) in 2018 from a year-ago period, shows data. India’s aluminium tubes and pipes import jumped from 9483 tonnes in 2016 to 10121.41 tonnes last year. Exports too rose from 1644.43 tonnes in 2016 to 2435 tonnes in 2017. Three-year trend analysis suggests that aluminium tubes and pipes import by India will drop to 7091.08 tonnes while export will drop to 2103.72 tonnes in...
Japanese Minister of Economy, Trade and Industry said Friday that the private JIS certification body cancelled Mitsubishi Aluminium’s certification for some aluminium products at its plant in Susono, Shizuoka Prefecture. The ministry said that the company’s quality control system did not meet the required standard, and hence, Japanese Industrial Standards certification was suspended. The aluminium products were delivered to the manufacturers of cars, machinery, building materials and others. “We are deeply sorry for causing a lot of trouble,” the company said. “We will handle the matter sincerely and do all we can for our customers.” Mitsubishi Aluminium Co. is a manufacturer and seller of aluminium, aluminium alloy mill products and fabricated products. The company is one of the core...
The U.S. International Trade Commission on Friday said in an initial finding that imports of aluminium alloy sheet metal from China harm U.S. producers, allowing a U.S. probe to proceed into whether the product was being dumped or unfairly subsidized. Employing a seldom-used tactic aimed at speeding up the imposition of duties, the U.S. Commerce Department in November “self-initiated” anti-dumping and anti-subsidy investigations of the imports, which are typically used in construction and in transportation and electrical equipment. It estimated it would impose anti-dumping duties of about 56.54 percent to 59.72 percent in the case. About $603.6 million worth of the flat-rolled metal was imported from China in 2016. The probe excludes aluminium used in beverage can manufacturing. The...
Manaksia Aluminium Company, a part of the Kolkata, India based Manaksia Group, is planning to invest INR 40 crore in order to add 15-20 per cent more capacity over the next one year. Manaksia Aluminium is a manufacturer of value-added aluminium products such as colour-coated roofing and panelling that are used in automobiles, air conditioning, warehousing and vans. The NSE and BSE listed company is currently operating at 80-85 per cent capacity at its Haldia unit in West Bengal. According to Sunil Agrawal, Managing Director, the company is planning to increase the total capacity to 21,000 tpy aluminium products from its existing capacity of 18,000 tpy at its Haldia unit. “We will look at both internal accruals and loans to fund the capex. Capacity addition would come mostly from...
Aamal Company announced that it will establish aluminium production facility through its Senyar Industries Qatar Holding. The plant, Senyar Aluminium Production Factory, with capital of QAR 10 million ($2.75 million), will specialise in the production of aluminium bars in Doha. The aluminium plan, which is the first of its kind in Doha, will be funded using a combination of equity and debt. The project is expected to be completed by the end of 2019. Aamal Company has 50% stake in Industries Qatar Holding, which is one of Qatar’s leading industrial groups. It owns and operates two main divisions - Doha Cables, the first cable manufacturing facility in Qatar, and El Sewedy Cables Qatar. Aamal Company will also build a copper production facility and a drum production facility via Senyar...
The IndoItalian MetalHUB engineering tour of India will be taking place on 15-23 of January 2018 that will consist of a week of meetings and interactions organized by ArtValley, Al Circle, Uniseven and the IICC – The IndoItalian Chamber of Commerce, FACE – (The Federation of Aluminium Consumers in Europe), Amafond, Assofond, METEF, Sinfonet for metallurgy and the Ditecfer Consortium for the transportation sector. The meetings will be between important players, businesses, and associations in Indian and Italian industry as well as in the engineering, metals and transportation sectors. The IndoItalian MetalHUB tour is a programme aimed at decision makers in the industrial sector in India, Italy, and Europe. The associations are involved in order to coordinate individual companies – in the...
