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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Magaldi, based in Salerno, Italy, which engages in designing and manufacture of market reliable, high quality and environmentally sustainable industrial solutions worldwide, has designed an air-cooling system optimized for aluminium casting, a news report from the company says. The Magaldi Casting Coolers (MCC) cools down the aluminium cylinder heads from 320°C to lower than 80°C. The aluminium cylinder heads are kept onto the MCC belt and enter the cooling tunnel where they are cooled down by forced air. Magaldi has designed the MCC after theoretical studies and experimental tests on real representative aluminium castings. Magaldi has been awarded by Nemak with two MCC. Nemak, the Mexican leading provider of light-weighting solutions for the global automotive industry specializing in the...
Exactly ten years ago, Achenbach Buschhütten as specialists in rolling mill machinery took the strategic decision to expand its range of first-class OPTIMILL rolling mills for non-ferrous metals and supporting process and media systems OPTIPURE by offering also first-class foil slitting machinery. Axel Barten, President & CEO sen. of the traditional, family-owned company, at that time: “Our goal is to provide our rolling mill customers also with innovative and effective foil slitting machinery solving its often very challenging and tailor-made doubling, separating and slitting tasks optimally. In particular we want to remain specialists and at the same time expand our product range in order to provide maximum customer benefit.” In terms of strategy this means that Achenbach aimed to...
Aluminium Developments Group, an aluminium extrusion and component manufacturer, has acquired Aluminium Shapes from private equity firm Pemberton Capital. Aluminium Developments Group chief executive Joe Martoccia and Anglo European Group have taken a significant equity stake in the business. Martoccia said: "Investment from Anglo European Group and the management team, together with funding from AIB (GB), delivers a well-structured, robust platform for success in what is an exciting and dynamic sector.” “Collaboration with Anglo European in the fenestration and road transport markets will provide additional opportunities for growth, building on what is an already diverse customer base.” “Aluminium Shapes is a solid company, with the additional investment and combined expertise of the...
As confirmed by a press release from European Aluminium Foil Association (EAFA), strong performance from European aluminium foil rollers in H2 2016 has lifted deliveries above pre-economic crisis levels for the first time in 10 years. Domestic deliveries recorded 1.5% increase from 2015 and exports performed better than expected, according to the latest statistics by EAFA. Despite flat demand in Q3 2016, October- December quarter returned to solid growth, lifting total production to reach 874,480 tonnes, an increase of 1.5% from last year. The last time it approached this level was in 2006 with a production volume of 865,870 tonnes. Thinner gauges, used mainly for flexible packaging and household foils, ended the full year with 0.5% higher deliveries driven by strong result (+4.0%) in...
South Korea is today one of the key aluminium markets in Asia with consumption of 21,5 kg per capita compared to 15+kg per capita for developed countries, mostly driven by growing end user demand in the automotive, construction and electronics and communication sector. Studies indicate that the industrial production in South Korea will grow by 5.9% per year until 2025, driving the growth of aluminium consumption in the country. {newsStudioGallery} As one of the world's fastest growing exporters of aluminium value added products, South Korea exports significant amount of aluminium Plates, Sheets and Strips globally. Let us analyse the export patterns for Plates, Sheets and Strips in South Korea to understand the market demand and consumption trends. South Korea has been following an upward...
Indian government is considering the possibility of imposing anti-dumping duty of up to USD 1.63 per kg on imports of aluminium foil in order to protect domestic manufacturers from cheap imports from China. Hindalco Industries, Raviraj Foils, and Jindal India have registered an application for initiating anti-dumping investigations. The Directorate General of Anti- Dumping and Allied Duties (DGAD) said, “…having established a positive dumping margin as well as material injury to the domestic industry caused by such dumped imports, the authority is of the view that imposition of duty is necessary to offset dumping and injury.” DGAD has noticed that imports of aluminium foil from China below its normal value that has caused in dumping. DGAD has recommended the duty in the range of USD 0.69...
According to a report of Russian News Agency TASS, Russian researchers have created a new nano powders that can be added to aluminium alloy. Nano powders when added with aluminium alloy offers high strength and enhanced qualities to the alloy and makes them more flexible. Igor Karpov, the head of Siberian Federal University ( SFU) laboratories, said, "This is our unique development of researchers from the SFU and the Krasnoyarsk Research Center of the Russian Academy of Sciences’ Siberian Department.” He further emphasized: “The aluminium processing technology with use of special nano powders created by us unveils new opportunities to produce composite materials with improved properties, that is, with higher strength, rigidity of flexibility.” The nano powders will be used mostly by...
The Aluminium Association’s “Index of Net New Orders of Aluminum Mill Products” for February dropped 6.1 % MoM. Orders for flat roll products dropped 5.8 %, while orders for extruded products declined 7.7 % and orders for redraw rod were off 4.9 %. YoY, the orders record a slight drop. On average, orders by domestic producers for the first two months of 2017 were up 3.0 % YOY. Imports of aluminium ingot, scrap and mill products into the U.S. and Canada stood at 861 million pounds in January 2017, up 49.1 % over the January 2016 total of 577 million pounds. Exports including scrap totalled 495 million pounds, up 9.0 % over a year ago and excluding scrap, exports stood at 252 million pounds, up 5.0 % YoY. Scrap export increased 13.5 % Yoy. Total imports in 2016 were up 33.6 % to 7,956...
China has responded to the filing of antidumping and countervailing duty (AD/CVD) petitions by the Aluminium Association’s Trade Enforcement Working Group against Chinese aluminium foil product exporters. On Friday, March 10, the country urged the United States to act wisely on the antidumping case, the first of this kind in 2017. This is the first such action the Aluminum Association has taken in its history. The association filed the petition to the U.S. Department of Commerce and the U.S. International Trade Commission. Wang Hejun, head of the trade remedy and investigation bureau at the Ministry of Commerce in China expressed his concern over the case as he could see substantial potential for China and the US to collaborate in aluminium foil trade. Legal actions can damage such...
The government of Jiangle in China and Shanghai Hengming Mold joined hands to build one aluminium alloy die-casting and mould production line in the region this week, reported a source aware of the development. Shanghai Hengming Mold with advanced cast aluminium product manufacturing capabilities will be investing 120 million yuan in the project, said the report. According to the annual report published by Minfa Aluminum , the company’s total revenue for 2016 financial year was 1.042 billion yuan, down 8.87 per cent year-on-year. Profits for Minfa’s shareholders declined to 17.67 million yuan, down 7.34 per cent YoY. Minfa Aluminum management stated in the disclosure that it expects its profits to increase 10 per cent-40 per cent YoY to 5.25-6.69 million yuan in the first quarter of the...
The downstream aluminium industry witnessed Arfin India, a manufacturer, supplier and exporter of aluminium wire and other products winning a supply order from JSW Steel worth INR 1.07 billion; Hydro entering into an agreement with Yara regarding the sale of Herøya Nett AS and the quay facility at Herøya Industrial park etc. Have a look at some of the news that made an impact in the week gone by: AEC files new scope clarification case against China Zhongwang The Aluminum Extruders Council (AEC) has reported that they have filed a new scope clarification case against China Zhongwang Holdings Limited and its extensive network of affiliates, asking the Department of Commerce (DOC) to expand the DOC’s determination last December regarding Zhongwang’s alleged pallets to expressly cover alleged...
The Aluminum Association’s Trade Enforcement Working Group today filed antidumping and countervailing duty petitions charging that unfairly traded imports of certain aluminum foil from the People’s Republic of China are causing material injury to the domestic industry. This action is part of the industry’s broad trade strategy to address Chinese overcapacity throughout the value chain. “Today’s action marks the first time the Aluminum Association has filed unfair trade cases on behalf of its members in its nearly 85-year history,” said Heidi Brock, President & CEO of the Aluminum Association. “This unprecedented action reflects both the intensive injury being suffered by U.S. aluminum foil producers and also our commitment to ensuring that trade laws are enforced to create a level playing...
Constellium, a leading manufacturer of high-quality aluminium products and solutions in the world has reported results for Q4 and full year 2016 today, March 9. Overall, the company reported an adjusted EBITDA of €81 million in Q4, up 8% YOY. For the full year 2016, the company reported adjusted EBITDA of €377 million, up 10% from 2015. The company reported revenue of €1.2 billion in Q4 , up 3% from Q4 2015 and €4.7 billion for the full year 2016 , down 8% primarily due to lower metal prices. The company has cut net loss to €4 million in 2016 from €552 million in 2015; Q4 2016 net loss too benefited YOY. The 2016 shipments of 1.5 million metric tons remain flat YOY and Q4 shipments of 344 kt was up 2% from Q4 2015. Commenting on the results, Jean-Marc Germain, Constellium’s Chief...
This year’s Aluminium China in Shanghai from 19-21 July is set to mark a new period of growth in the aluminium industry and reflect strengthening market conditions in China and across the world. Aluminium China 2017 will focus on the transformation driven by emerging new technologies in areas such as lightweight vehicle manufacturing and consumer electronics. With China speeding up the upgrading of its vehicle emission standards to control exhaust pollution, the China Automotive Engineering Society’s ‘Energy-saving and New Energy Vehicle Technology Road Map’ predicts that by 2035, annual car production and sales in China will reach 38 million units, with new energy car sales accounting for 40%. Research shows that every 100kg weight reduced is translated to 0.3-0.6liters less fuel...
The Aluminum Extruders Council (AEC) has reported that they have filed a new scope clarification case against China Zhongwang Holdings Limited and its extensive network of affiliates, asking the Department of Commerce (DOC) to expand the DOC’s determination last December regarding Zhongwang’s alleged pallets to expressly cover alleged pallets constructed out of 6xxx aluminium alloy. In early December 2016, the DOC declared that Zhongwang’s so-called pallets are merely aluminium extrusions made of 1xxx alloy, cut-to-length and welded together in the form of a pallet and plainly subject to the existing antidumping and countervailing duty orders on aluminium extrusions from the People’s Republic of China. Since that time new information has developed that confirms that Zhongwang’s alleged...
Arfin India, a manufacturer, supplier and exporter of aluminium wire, aluminium wire rod, flipped coil aluminium wire rod, aluminium alloy wire rod, ferro alloy product, aluminium stick, aluminium cube, aluminium shot, aluminium ingot and aluminium alloy ingot has won a supply order from JSW Steel worth INR 1.07 billion. The firm will supply to three units of JSW Steel located at Bellary, Dolvi & Salem for the financial year 2017-18. The company’s stock had outperformed the market over the past one month till Mar. 06, 2017. The stock has recorded 16.42% rise compared with the Sensex's 2.14% rise. It outperformed the market in past one quarter, gaining 12.18% as against 10.06% rise in the Sensex. Shares of the company gained Rs 19.15, or 3.83%, to settle at Rs 480.40 at the BSE (Monday).
According to the latest report from Aluminum Association, shipments of aluminium powder and paste to domestic markets stood at 6.27 million pounds during January 2017. The number includes imports by domestic producers. This reported an increase of about 12% over the January 2016 total of 5.60 million pounds. Month on month; shipments rose about 7% from December 2016. Shipments for the full year 2016 stood at 75.15 million pounds, off 18.2% from the 2015 total of 91.84 million pounds. Compared to January 2016, shipments of powder to domestic markets increased 10.4% to 5.20 million pounds, while shipments of paste were up 19.1% to 1.06 million pounds. Aluminium net shipments (including exports) by domestic U.S. and Canadian facilities totalled an estimated 1,980 million pounds during...
Hydro has entered into an agreement with Yara regarding the sale of Herøya Nett AS and the quay facility at Herøya Industrial park. The transfer, including around 30 employees, will likely occur in June 2017. The industrial site at Herøya has a long tradition and was for many years Hydro's largest production location, producing fertilizer, plastics, light metals and a number of related products. In recent years Herøya has been developed as an industrial park with a number of companies and many activities. "We are pleased to have reached an agreement with Yara regarding the acquisition of Herøya Nett and the quay facility and are confident that the operation will be continued in the best possible way," says Executive Vice President Eivind Kallevik in Norsk Hydro ASA. The transaction has...
