Alumil India, the fully-owned Indian subsidiary of Alumil Group, has successfully delivered advanced fenestration solutions for NICMAR University in Pune, transforming a precast campus vision into a functional, durable and future facing learning environment. The project required approximately three hundred windows within a tight timeline which was successfully delivered by Alumil India. The project deployed Alumil’s top-hung window systems combined with sleek mullions and glazing. “NICMAR University presented an opportunity to demonstrate how fenestration can become an integral part of both a building’s architecture and its performance. The project required us to respond to large openings, intensive daily usage, acoustic and weather considerations, safety, and the specific challenges of...
Anshika Jain resigned as Company Secretary and Compliance Officer of Golkonda Aluminium Extrusions Ltd. on October 24, 2026, citing personal reasons. The company informed the Bombay Stock Exchange about her resignation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " In her letter, Jain said there were no other reasons for her resignation beyond the personal reasons mentioned. She also asked the Board to accept her resignation and complete the required formalities under the Companies Act, 2013. Managing Director Geeta Sethi signed the disclosure on behalf of the company’s Board. The...
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AMAG Austria Metall AG is a leading sustainable manufacturer and supplier of premium rolled aluminium products, including sheets, strips and plates, recycled aluminium alloy castings, and ready-to-install components. The company, with production sites at Ranshofen in Austria, Übersee and Karlsruhe in Germany, and Sept-Îles in Canada, is known for delivering exceptionally high-quality products used in a wide range of industries, such as aerospace, automotive, mechanical engineering, packaging, architecture, electrical, and sports industries. Standing firm to the commitment to building a greener future, the company every year strives to strengthen its sustainability efforts throughout the supply chain and operations while focusing on a circular economy and clean technology. 2024 has also...
The United States' aluminium plates, sheets and bars exports decreased through the third quarter of 2024, totalling 189,800 tonnes. The export volume fell sharply by 2.77 per cent from 195,200 tonnes compared to the previous quarter. In September 2024, the United States exported 59,400 tonnes of aluminium plates, sheets and bars, which reflected a M-o-M decline of 7.76 per cent from 64,400 tonnes. The export volume in August decreased by 2.42 per cent from 66,000 tonnes in July. There has been a continuous declining trend in the United States aluminium plates, sheets and bars exports since May 2024, barring an intermittent hike of 11.68 per cent in July to 66,000 tonnes. From January to September, the United States' aluminium plates, sheets and bars exports totalled 583,000 tonnes, down...
The global leader in aluminium rolling and recycling in selected niches, Gränges, is set to join Nasdaq’s Large Cap segment following the Nordic market capitalisation review, effective January 2, 2025. Since its listing on Nasdaq Stockholm in October 2014, Gränges's market capitalisation has soared from SEK 3.2 billion to SEK 14.3 billion. Over this period, the company has delivered a remarkable total return of 339 per cent to shareholders, averaging an impressive 16 per cent annual growth. Jörgen Rosengren, CEO of Gränges, said, ”As a listed company, we’ve accelerated our progress toward leadership in aluminium rolling and recycling. Our sales volume and operating profit have tripled, and we’ve expanded globally through acquisitions and strategic partnerships while generating excellent...
Regions across the globe are part of the North Atlantic Treaty Organization (NATO) and have witnessed the significant impact of defence supply, all thanks to the comprehensive list released for the defence industry, which includes everything composed of aluminium, among other materials. The consortium not only points to the relevance of such resources for the military powers of the North Atlantic Treaty Organization alone but also emphasises upon the uninterrupted continuity of the supply chain. Image Source: https://ilfproducts.co.uk/ It would not be wrong to say that aluminium has become synonymous with metals that can withstand corrosion whilst also cutting weight across missile and aircraft parts and even high-end applications. Such characteristics make it possible for metals such as...
ECKART, a leading international manufacturer of metallic and pearlescent pigments for the paints and coatings industry, the graphic arts, plastics, aerated concrete, and cosmetics industries, is reportedly forming a joint venture with Runaya, a notable name in the green aluminium recovery business. Image Source: Energetica India The joint venture firm will establish a facility in Odisha to produce the most sustainable spherical atomised aluminium granules , leveraging India's position as a global hub for low-cost and cutting-edge manufacturing solutions. This new project aligns with the growing demand for atomised aluminium granules in India and the world, catering to high-end applications in aerospace, solar panels, and high-value effect pigments. With sustainability as the cornerstone...
On December 17, 2023, Hyundai Mobis, the automotive parts subsidiary of Hyundai Motor Group, announced its readiness to commercialise an innovative battery cell cooling material. This breakthrough is poised to enhance both the charging efficiency and safety of electric vehicles. The material referred to as "Pulsating Heat Pipe" is made of aluminium alloy tubes filled with refrigerants. These tubes, positioned between the battery cells in the module assembly, effectively dissipate heat, particularly during fast charging. The above image reflects a comparison test of the heat dissipation performance of Hyundai Mobis' 'Pulsating Heat Pipe' for battery cell cooling and a standard aluminium cooling plate. It shows a temperature difference of nearly 20 degrees. With a groundbreaking innovation...
The comprehensive operating rate of China’s domestic aluminium wire and cable industry in November 2024 saw a month-on-month increase of 1.27 per cent and a year-on-year hike of 10.36 per cent, nearing 60 per cent. The operating rate increased without being impacted by temperature on power grid construction. Instead, resilient demand for distribution network order pickups supported the operating rate. Additionally, the effort behind completing the delivery tasks by year-end ramped up the operations. According to the Shanghai Metals Market, the operating rate precisely stood at 59.96 per cent, demonstrating a growth driven by large enterprises with an operating rate of 70.11 per cent. The medium-sized and small enterprises illustrated 56.32 per cent and 40.68 per cent operating rates, both...
Global aluminium wire rod consumption has risen steadily across the world. Aluminium's unique properties make it a key material in the electrical and electronics industries, enabling a wide range of applications. The global wire and cable market, valued at US$ 191.6 billion in 2022, is anticipated to expand at a compound annual growth rate (CAGR) of 6.3 per cent between 2023 and 2032. The global aluminium wire rod market was valued at $22.6 billion in 2023 based on consumption and regional trade flow. It is anticipated to grow at a CAGR of 3.7 per cent from 2024 to 2030. The increasing demand from the power, automotive, and aerospace sectors is a substantial factor driving this market. Aluminium wire rod usage is driven mainly by the growth of worldwide electrical transmission and...
The Madhya Pradesh State Government in India has allocated land to multiple companies to transform the state into a manufacturing hub, particularly for solar aluminium frames, PV modules, cells, ingots, wafers, etc. Numerous proposals have been received from manufacturers of solar PV modules, cells, and other solar panel components to establish production facilities in the state. Image Source: www.flickr.com (Credit- Jeffrey Pohlmann) Madhya Pradesh Chief Minister Mohan Yadav recently distributed land allotment letters for various solar manufacturing projects in the Mohasa-Babai industrial area of the Narmadapuram district. Among the beneficiaries, Ahmedabad-based Grew Energy received 60 acres to develop a PV cell and module facility, with a proposed investment of INR 2,540 crore (USD 305...
The United States imports of aluminium plates, sheets and bars stood below 100,000 tonnes for the two consecutive months in the third quarter of 2024, resulting in a dip in the total import volume through Q3. According to the US Geological Survey, the imports of aluminium plates, sheets and bars totalled 300,600 tonnes, significantly down by 11.33 per cent from 339,000 tonnes in Q2 2024. However, annually, imports in Q3 2024 showed a rise of 25.25 per cent from 240,000 tonnes. Also from the first quarter of this year, the import volume stood 3 per cent higher than 291,800 tonnes. It is to be noted that despite the sequential fall in Q3, the import volume stood above the mark of 300,000 tonnes. In September 2024, the country imported 94,100 tonnes of aluminium plates, sheets and bars...
Germany's industrial downturn persisted in October, with production declining further, as reported by ING. Industrial output dropped by 1 per cent month-on-month, following a steeper 2.5 per cent contraction in September. Production has fallen nearly 5 per cent compared to last year's period. This weak start to the fourth quarter heightens concerns of a potential winter recession for Europe's largest economy. The industrial outlook remains challenging The challenges faced by German industry over the past few years exemplify the broader struggles of the nation's economy. Caught between cyclical downturns and structural obstacles, Germany has had to confront the reality that its traditional macroeconomic model—reliant on affordable energy and accessible export markets—is no longer...
Based on China Customs data, the Shanghai Metals Market reported the country’s aluminium foil exports in October 2024 saw a month-on-month increase of 8 per cent and a year-on-year hike of 27 per cent, totalling 134,200 tonnes. The average cost of China’s aluminium foil export was $3,625 per tonne for the said month. Image Source: Nantong Hengjin Composite Materials Co., Ltd Among the export destinations, Thailand and India remained the top two, followed by the United Arab Emirates, Indonesia, Mexico, and South Korea. To the top ten destinations, China exported 76,200 tonnes of aluminium foil, which accounted for 56.78 per cent of the total exports in October. Thailand, the highest importer of Chinese aluminium foil, secured 14,200 tonnes in October at an average cost of $3,277 per tonne....
Veteran Bollywood actor Anil Kapoor stars in his first advertisement for Viva ACP after being chosen as the brand's ambassador in October 2024. The advertisement presents the actor in a triple role, with one character as a Viva expert and two characters as customers with different aluminium composite panel requirements, wherein the experts guide the other two characters in choosing from the wide range of products according to their individual preferences. Image Source: Youtube (@vivacompositepanels) "Our aim has always been to offer high-quality, innovative solutions that cater to all segments of society, whether for residential, commercial, or specialised applications. This TVC, featuring our Brand Ambassador- superstar Anil Kapoor, is a testament to our commitment to providing...
The board members of Nam Dinh province's (Vietnam) industrial parks have granted approval for the investment in the development of an alloy factory by Kam Kiu Aluminium Products Group Limited, a leading aluminium extruder in Hong Kong (China). The total investment for the construction, which is going to be on close to 12.3 hectares in Mỹ Thuận Industrial Park, is estimated to be US$90 million. The factory, once operational, will be handled by Joint Wise Corporation, a subsidiary of Kim Kiều Aluminum Group. Image Source: https://images.jdmagicbox.com/ The plant will manufacture green aluminium alloy bars, high-quality electronic materials, and automobile accessories among others such as short aluminium bars for extrusion processes, aluminium computer keyboard accessories, aluminium...
China’s aluminium wire and cable exports recovered in October 2024, marking a month-on-month surge of 53.8 per cent and a year-on-year increase of 13.64 per cent. However, the monthly uptick in October was not enough to counter the sluggish performance throughout the year-to-date, attributed to tight domestic end-user sector demand, particularly from the building and construction sector. Image Source: Made-in-China According to the Shanghai Metals Market survey, the export volume in October was 14,300 tonnes versus 9,300 tonnes in September , generating a value of $41.5 million compared to $28.06 million. Thus, the export value also demonstrated M-o-M hike of 47.9 per cent. Specifically, exports of steel-core aluminium-stranded wire and similar products were 8,480 tonnes, up 82 per cent...
From November 27 to November 29, 2024, the amalgamation of four metal fairs — International Exhibition for Metallurgical Technology (METEC) India, Tube India, wire India and India ESSEN WELDING & CUTTING took place in Mumbai's Bombay Exhibition Centre (NESCO). This marked the return of the fair to the Mumbai chapter after a significant 2-year hiatus, with over 18,000 visitors expected. The event provided an excellent platform for networking and business opportunities, underscoring the city's importance in the metal technology and manufacturing industry. This year's trade fair has seen a remarkable global participation from aluminium industry among others, with companies from over 22 countries including France, Austria, United Kingdom, Belgium, Luxembourg, Spain, Brazil, Canada, China,...
The Chinese aluminium market has been in deep thought since the Ministry of Finance announced the removal of export tax rebates for a wide range of products, including aluminium plates, sheets, strips and foils. The concern is clear, as exports of aluminium plate, sheet and strip make up 50 per cent or above of the country’s total aluminium semi-finished product exports. Image Source: The Wall Street Journal According to the Shanghai Metals Market, China’s monthly aluminium semis exports in recent years have ranged between 400,000 and 600,000 tonnes, of which aluminium plate, sheet and strip exports account for 200,000 to 350,000 tonnes. Additionally, aluminium foil exports exceed 100,000 tonnes each month. Together, aluminium plates, sheets, strips, extrusions, and foils represent over...
On Friday, November 15, 2024, China's Ministry of Finance unveiled changes to the export tax rebate policy, significantly affecting industries such as aluminium manufacturing and export. In response, Syharvest Aluminum, a leading name in the aluminium extrusion sector, has implemented strategic measures to navigate both the immediate impacts and the long-term challenges arising from this policy shift. Image Source: Syharvest Aluminum About the policy Effective December 1, 2024, the policy adjustments will eliminate export tax rebates for aluminium products and reduce the rebate rate for certain refined oil, photovoltaic components, batteries, and non-metallic minerals from 13 per cent to 9 per cent. Syharvest Aluminum has developed a robust adaptation strategy in response to this shifting...
