KAP Minerals and Cymat Technologies are exploring a partnership to produce scandium-aluminium master alloy in Ontario, following the signing of a memorandum of understanding. The partnership would use scandium oxide from KAP’s Kapuskasing critical minerals project and Cymat’s aluminium-processing technology to produce alloys for aerospace, defence and manufacturing applications. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " Scandium-aluminium alloys can improve strength, performance and weldability while reducing weight. The companies aim to use the proposed venture to establish a domestic supply chain, converting Canadian critical minerals into value-added industrial materials....
Novelis has supplied approximately 100,000 m² of aluminium façade materials for six construction projects across the UK, highlighting the metal's growing role in architectural design, infrastructure modernisation and urban regeneration. The materials have been used across developments in Glasgow, Manchester, Birmingham and London, covering applications ranging from transport infrastructure and residential refurbishment to commercial and mixed-use buildings. The projects demonstrate the versatility of aluminium in modern building envelopes, with Novelis supplying architectural materials designed to combine durability, aesthetic flexibility and performance. Aluminium supports diverse architectural applications Commenting on the projects, Michael Hahne, Vice President Commercial of Novelis...
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Spending on China’s power grid, a major consumer of copper and aluminium is forecast to rise at a faster pace in 2013. The State Grid Corporation of China has increased its 2020 target to 94 500km of UHV lines laid compared with 78 000km in the previous target an increase of 21% Barclays said in a report. If realised this projection of faster grid spending should help boost copper and aluminium demand as UHV lines use copper clad aluminium cables. As the government has indicated that it will adopt a more selective approach to infrastructure spending and that the power grid is one of its favoured sectors actual spending could exceed the current target. On the other hand, if the NDRC (National Development and Reform Commission) does not follow up on the policy statement with actual...
Amcor Rigid Plastics has expanded the use of its unique roll-on pilfer-proof (ROPP) finish design for aluminum screw-cap PET bottles to meet growing market demand for premium packaging for the wine and spirits segments. Amcor is already strongly positioned in the wine market with aluminum screw-cap containers and has now extended its ROPP offering to the spirits category with new 1.75L and 750ml stock PET bottles that offer light weight and smooth conversion from glass. Amcor Rigid Plastics, the world’s leading producer of rigid plastic packaging, worked in close cooperation with its sister company, Amcor Flexibles Capsules Group, to ensure that the industry standard aluminum closure used for glass spirits bottles could be transferred to PET bottles, according to Lynne Brophy, spirits and...
AloStar Business Credit opened a $5 million line of credit to Jacksonville, Fla.-based bath enclosures and shower door maker Southeastern Aluminum Products Inc. Atlanta-based AloStar also gave the company a $2.1 million real estate term loan. Southeastern Aluminum Products makes custom and stock enclosures for the bathroom industry and for installation companies that target residential units and hotels across the United States “The U.S. bathroom accessory industry is a $1.7 billion industry in which approximately 600 businesses are active,” said Andy McGhee, president of AloStar Business Credit, in a statement. “As this industry continues to grow, Southeastern Aluminum Products is in a great position to increase its business both domestically and internationally and we look forward to...
America's largest aluminum producer, Alcoa, as the usual way fired the starting shot for the U.S. reporting period on Tuesday evening, predicts that the global demand for aluminum will increase by 7 percent in 2013. The forecast is based on an economic recovery in China will drive demand for cans, cars and office buildings. Alcoa forecast that the demand from the aerospace industry will increase by up to 10 percent thanks to aircraft manufacturers' record order books. The company also predicted that aluminum consumption could increase by 19 percent within the Chinese industry for heavy trucks and trailers. This while the construction of commercial buildings in the U.S. is increasing for the first time in four years. "The fundamental basics looks pretty good. I firmly believe that we will...
Aluminum structures are expensive and reserved for luxury cars. But in the case of electric cars, this overhead can lead to savings expenses. The equation is as follows: on an electric car, the battery is a very expensive and reducing vehicle weight, it is possible to use a smaller battery, and therefore less expensive. If the technology implemented in the relief is affordable, the price of the car will therefore decrease. According to a study commissioned by several associations of aluminum, European and international (EAA, FKA and IAI), the use of this material could well lead to savings despite rising its market price. The result is not spectacular, it amounts to 635 euros for a vehicle type segment Volkswagen Golf. A vehicle control, the use of aluminum has eased the car to 162 kg...
Fishing Holdings, LLC dba Triton Boats (Triton) strives to give the best deals to buyers of Triton Aluminum and Triton Fiberglass boats. During the 2013 boat show season Triton will roll out a new promotion, Catch of the Season for X-Series Triton Aluminum product. If consumers select a Triton aluminum X-Series model at the boat show this season they can expect $600 of free accessories. Consumers have the ability to upgrade trolling motors, add a stainless steel prop, upgrade to aluminum wheels, add a custom boat cover or select a Triton apparel gift card. The options are endless with the “Catch of the Season” promotion. “This promotion is a great way to give our aluminum customers more than they bargained for,” said Adam Adkisson, Vice President of Marketing for Triton Boats. “With this...
Chinalco Southwest Aluminum Group Co., Ltd’s forge plant grasped key emphasis in work to promote technological innovation and make great efforts to tubing production in 2012, at the end of November the plant’s extrusion workshop production increased 55% yoy, which has broke the former highest annual output recprd, created new high in tuding production. Yan Jianming who is the director of extrusion workshop said, according to the target market and self production condition, tubing production was the largest advantage for them. In terms of positive tubing market, especially the large demand in laege scale thin-wall tubing market, the extrusion workshop conducted improvement of professional tools that applied in the production of tubing, endeavoured to make high quality hardware for tubing...
Alfiniti, Inc., a manufacturer of precision drawn tubing, announces the installation of a 2700mt extrusion press at its facility in Winton, NC. The press, complete with extrusion handling system and coilers, will produce extruded profiles, coiled tubing, and micro-channel extrusions for the automotive and HVAC markets as well as extrusion for internal demand. Mr. James, president of Alfiniti Precision Tube, says that of particular note is that this installation utilizes a press, billet heater and shear, and handling system produced in China and represents the first Chinese press installation in the US. The short lead-time (press shipped 8 months after receipt of order), use of familiar, high quality components (Allan-Bradley, Oilgear, Siemens, etc.), and very significant cost savings...
Nokia may introduce a fresh line of Lumia smartphones this year, and is said to be planning to encase one of the high-end models— codenamed 'Catwalk'—in an aluminium body, according to a report by The Verge. If this is true, the Catwalk would be thinner and lighter than the Nokia Lumia 920, which is enclosed in a polycarbonate unibody shell. The new phone, according to The Verge is designed to be the successor to the Lumia 920. "The phone itself will be a replacement to the company's existing Windows Phone 8 flagship and will boast of similar internal hardware specifications," the report reads. Nokia will also debut two other Lumia handsets as part of its new line-up for this year. The Lumia 920 is being called Nokia's big ticket item, which the company hopes will finally turn its...
Aluminum billet consumers have started the new year with excess material on the floor after they purchased extra billet in 2012 in case labor contract talks at Alcoa Inc.'s Aluminerie de Becancour (ABI) smelter in Quebec turned sour. Few 2013 spot deals have closed as a result, keeping premiums between 11 and 13 cents per pound. "We ordered more than we would have otherwise in anticipation (of a strike or lockout at ABI). We usually try to get (inventory) down at the end of the year, but we stocked up for December, January and February," an extruder source told AMM. He estimated that he has between 20 and 40 percent more material than normal. Another producer source said his customers purchased a couple of weeks’ worth of excess material at premiums between 12 and 13 cents per pound....
At the end of November 2012, Chinalco Henan Aluminum Fabrication Co., Ltd’s new products development output reached 8,340 tons totally, occupied 13.46% of the total output. Since 2012, under the circumstance of fierce competition outside, Henan Aluminum’s manufacturing plants enhanced new product development strength. There were 9 kinds of new product have made great progress among those 10 new products development projects. While the sales volume of can pull-tab, various transportation material and light gauge foil all more than 1400 tons, more over oxidation material and electric internal components realized volume production.
With the start-up of its batch anodizing line, SAF-West achieves functional parity with SAF's east coast capability. Their Redding, CA, plant operations now include distribution of aluminum extrusions & sheet, and metal fabrication in addition to the newly-added anodizing service. The anodizing plant reaches customers up and down the west coast with next day delivery throughout California. SAF's next-day-out service on custom anodized sheet and extrusions now results in expedited delivery to the west coast and mountain states. The new capability will improve SAF's capacity to efficiently serve its extrusion, fabrication and finishing customers in the western U.S. SAF's customers represent a wide variety of industries, but most are users of architectural aluminum extrusions, fabricated...
Kaiser Aluminum traded at a new 52-week high today of $63.54. So far today approximately 54,000 shares have been exchanged, as compared to an average 30-day volume of 117,000 shares. Kaiser Aluminum Corporation produces alumina, primary aluminum, and fabricated aluminum products. The Company also supplies alumina and primary aluminum in domestic and international markets. Over the past year, Kaiser Aluminum has traded in a range of $40.12 to $63.54 and is now at $63.12, 57% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.5%. Potential upside of 13.8% exists for Kaiser Aluminum, based on a current level of $63.12 and analysts' average consensus price target of $71.83. The stock should discover initial...
Al Andalus Holding Company continues to steer ahead with a well-devised growth plan that includes adding the latest and best technologies to its portfolio, which has ensured its success in the building and construction industry. The Saudi-based company is now planning to set up one more extrusion press along with a powder coating and anodizing unit featuring the latest technology to supply a diverse range of profiles in various colours to meet market requirements. Established more than 35 years ago, the well-diversified company set up an aluminium extrusion plant in Dammam two years ago, which produces a variety of aluminium profiles. The proposed expansion will increase the production capacity of this extrusion plant. In terms of its trading activities, the Riyadh-based company has been...
Kobe Steel Ltd., Tokyo, and the Chinese company Jiangsu ALCHA Aluminium Co. Ltd. have terminated their letter of intent to form a joint venture (JV) to produce aluminum coil and sheet in China. The two companies had initially announced the joint venture In December 2011. The goal of the JV was to conduct a detailed feasibility study to establish a facility in Baotou, Inner Mongolia, to produce and sell aluminum coil and sheet. The JV was to be 80 percent owned by Kobe Steel and 20 percent owned by ALCHA. The slated capacity of the facility was to be about 200,000 metric tons per year. According to a Kobe Steel statement, while conducting the feasibility study the two companies had differences and were unable to reach agreement. As a result, Kobe Steel and ALCA decided to allow the letter...
The Aluminum Extrusions Fair Trade Committee has filed a challenge at the U.S. Court of International Trade over the Commerce Department’s final scope ruling on side-mount valve controls under the anti-dumping and countervailing duty orders on aluminum extrusions from China. The committee claims that the exclusion of the "finished goods kit" is not supported by substantial evidence, and that the ruling "directly conflicts with established practice in previous scope rulings."
Japan’s NTN Corporation reports that it has developed a corrosion resistant “Bearphite” material for use in environments that result in the fast corrosion of bearings, such as within gasoline. Motorised fuel pumps and exhaust gas recirculation devices (EGR) for automobiles and motorcycles are generally equipped with bronze sintered bearings or white cooper sintered bearings. Bronze sintered bearings become corroded by the organic acids contained within gasoline, while white cooper sintered bearings need to use expensive nickel. NTN has now successfully developed the world's first “Corrosion Resistance Bearphite” that delivers outstanding corrosion resistance using aluminium bronze without the need to use nickel. Aluminium bronze is a material that features outstanding corrosion...
Zacks cut shares of Kaiser Aluminum from an outperform rating to a neutral rating in a research report sent to investors on Monday morning. The firm currently has $63.80 price target on the stock. Shares of Kaiser Aluminum traded up 1.36% during mid-day trading on Monday, hitting $61.08. Kaiser Aluminum has a 52 week low of $45.65 and a 52 week high of $62.25. The stock’s 50-day moving average is currently $60.40. The company has a market cap of $1.170 billion and a P/E ratio of 13.91. Kaiser Aluminum last posted its quarterly earnings results on Wednesday, October 24th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.20. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. Analysts expect that...
