Germany and France share one of Europe’s busiest downstream aluminium corridors, and the metal flows in both directions. In the first seven months of 2026, aluminium flat rolled products (FRP), which cover aluminium plates, sheets and strips (HS code: 7606), as well as aluminium foil (HS code: 7607), crossed the border each way, amounting to a total of around USD 692 million. However, the bilateral trade flow is tilted towards Germany, which remains France’s largest FRP supplier. Nonetheless, the inter-dependence remains as the countries do exchange the same products but engage in cross-border trade of specialised high-value products and alloys, feeding the demand on either side. The trade figures for January–July 2026, as compiled from the International Trade Administration, highlight...
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....
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U.S. aluminum producer Alcoa Inc has raised prices for some rolled products at its European operations in Köfém, Hungary; Fusina, Italy; and Amorebieta, Spain, citing higher materials costs and increased demand. The price increase takes effect immediately and is related to changing market conditions, due to extended lead times and increasing costs that have pressured the rolled products business in recent months, Alcoa said in a statement this week. It said its Alcoa Global Commercial Transportation and Industrial Products Group increased the base conversion revenue by 35 euros ($46.20) per tonne for mill finish commercial rolled products made in those European plants, including aluminum plate, sheet and foil. For all orders placed on or after April 13, the increase is effective for...
Investment in steel, aluminium and pipes; GHC 2011 net 1.5 bln dhs, up 15 percent; GHC appoints BNP Paribas to arrange $600 mln loan Abu Dhabi government-owned General Holding Corporation (GHC) plans to invest 5.8 billion dirhams ($1.58 billion) in the short-term in three industries to boost manufacturing as the oil-rich emirate tries to diversify its economy, its chairman said on Saturday. The plans include 3 billion dirhams to expand capacity at Emirates Steel, 800 million dirhams in downstream aluminium extrusion and 2 billion dirhams in manufacturing seamless pipes for the oil and gas industry. GHC, which has industrial assets totaling 23.7 billion dirhams, has interests in sectors including steel, oil and gas fabrication, cables, food and building materials. It is eyeing new...
Novelis Inc., the world's leading producer of premium aluminum rolled products, announced today three leadership moves that will further drive the company's growth strategy. Jack Clark has been appointed Chief Technical Officer; Shashi Maudgal has been appointed Senior Vice President and President of Novelis Asia; and Tom Boney has been named Managing Director of Aluminium Company of Malaysia Berhad (ALCOM), a Novelis subsidiary. Jack Clark has assumed the role of Chief Technical Officer, a new position within Novelis. With the mission to drive the Novelis strategy of innovation, technology and engineering excellence in products and processes, Clark will lead a team focused on delivering world-class performance in operations, engineering, research and development, and environment, health...
RK Global Shares & Securities has recommended `Buy` on Hindalco Industries with a price target of Rs 154 as against the current market price (CMP) of Rs 130.65 in its report dated Apr. 18, 2012. The broking house gave the following rationale: Revenue expected to grew 9.8% Y-o-Y on voluminous growth: We expect that the company is likely to post revenue growth of 9.8% Y-o-Y to Rs75171million in Q4FY`12 compared to Rs68464million in Q4FY`12 on the back of voluminous growth in the aluminium segment. However; average aluminium price came down by ~13% to Rs2177/ton in Q4FY12 compared to Rs2502/ton in corresponding quarter of previous year. It is expected to have benefit from its by-product business which will add towards the revenue growth of the company. Total Expenditure (as a % of sales)...
Annual report of Henan-based Mingtai Aluminum reveals revenues of the company grew 31.74% YoY to RMB 6.573 billion and its net profits climbed 6.36% to RMB 256 million in 2011, after annual production expanded 23% YoY to 340,000 mt and a 6.88% yearly increase in aluminum prices led to higher products prices. Sluggish demand due to a slowdown in global economy and falling aluminum prices, however, caused a 14.61% YoY drop in its 4Q revenues. The company expects to complete several projects this year, including a 50,000 mt/yr capacity expansion mainly covering highly profitable aluminum alloy plate, compound foil, electronic foil and packaging foil, a 20,000 mt/yr capacity upgrade, and a 30,000 mt/yr capacity for substitute products including mainly CTP substrate. An overall investment RMB...
Abu Dhabi government-owned General Holding Corporation (GHC) plans to invest $1.58bn in the short-term in three industries to boost manufacturing. The plans include an $217.7M) downstream aluminium extrusion site. GHC has interests in sectors including steel, oil and gas fabrication, cables, food and building materials. It is eyeing new industries such as aluminium and copper. Hussain Al Nowais, the chairman of GHC, said the investments fitted into the company's overall goal to expand Abu Dhabi's industrial presence. "The Abu Dhabi 2030 economic vision targets 25% of Abu Dhabi GDP from the industrial sector. Today we are below 15%. We are one of many different players targeted with increasing this to 25%," he said. Through its subsidiary Abu Dhabi Basic Industries, GHC is a partner in a...
U.S. aluminum producer Alcoa Inc increased prices for some aerospace plate products by 5 percent, due to higher materials costs and increased demand. In a recent note to customers, Alcoa said the price hike takes effect immediately for 2xxx and 7xxx heat treated plate produced by its Global Aerospace, Ground Transportation and Industrial & Specialty Products Group.
Makers of aluminium products in Italy are struggling to obtain metal stored in warehouses owned by banks and commodity traders, and are paying high premiums despite the market being in chronic oversupply, the country's non-ferrous metals body Assomet said. The oversupply and simultaneous lack of availability is under scrutiny as it has worsened since banks and trade houses which speculate on price bought warehouses, giving them insight into one of the key drivers of price - metal stocks. "We face a mountain of metal, enormous excessive global stocks but availability of the physical metal is below what it appears to be," Mario Bertoli, chairman of Italy's non-ferrous metals body Assomet, told Reuters at an aluminium manufacturers trade fair in northern Italy. "Many of our association...
Business Recorder reported that output of copper and aluminium semi finished products in Italy, a major European producer is expected to fall this year as economic crisis and volatile metal prices hit demand. Mr Mr Claudio De Cani director of Italy's nonferrous metals association Assomet said that "We have a situation of general crisis which starts with consumption and goes all the way up to production. High prices are just adding fuel to the fire. Output of copper and alloy semi finished products is expected to fall 2.4% to 1.033 million tonnes this year. Mr De Cani said that demand is seen stable at 1.046 million tonnes but the figure takes into account that producers will rebuild their stocks after a drop in production last year while end user demand will be weak. Production of...
Economisation along with efficient distribution and transmission system of electricity and minimum line losses is a priority of the Faisalabad Electric Supply Company and for this purpose aluminium wire would be used to replace costly copper wire, said Fesco Chief Executive Officer Tariq Mehmood Chattha. He was addressing a seminar to introduce high efficiency and cost effective aluminium wire here on Friday. He underlined the importance of profitable policies for any commercial and business entity and said that the price difference between copper and aluminium wire was visible. He said that at some places, the use of aluminium had already been started as they were forced to abandon the use of costly copper wire in open places due to increase in theft incidents. He said that the price...
Sundaram Clayton's total turnover rose 28 per cent to Rs 1,034 crore for the year ended March 31, 2012, from Rs 809 crore in the previous year. The net profit for the year jumped 64 per cent to Rs 61.16 crore; and net sales grew by 29.46 per cent to Rs 990 crore. Mr H. Lakshmanan, Executive Director, said: “Many new orders also materialised this year from companies like Daimler. New orders accounted for 10-12 per cent of total business. There was also an increase in existing orders. We also got good export orders from Volvo.” There was good volume growth this year – from 32,000 tonnes last year to 36,000 tonnes. For the fourth quarter, net profit rose 46 per cent to Rs 22.93 crore. Net sales rose 27 per cent to Rs 271.36 crore, over the corresponding quarter last year. The board of...
The American Architectural Manufacturers Association (AAMA) of Schaumburg, Ill., has published the AAMA 611-12, Voluntary Specification for Anodized Architectural Aluminum. The specification describes test procedures and requirements for high-performance (Class I) and commercial (Class II) architectural quality aluminum oxide coatings applied to aluminum extrusions and panels for architectural products. The specification also covers anodized finishes produced in batch or continuous coil. "Updated from the 1998 version, AAMA 611-12 includes clarification of visual inspection language regarding surface imperfections and addition of coating observation and angle inspection," says Andy Joswiak, chair of the AAMA Anodic Finishes (AAMA 611) Task Group. "Also, the updated specification contains...
Wang Huajun, Deputy Secretary-General of China Nonferrous Metals Industry Association, said in a telephone interview that there are indications that aluminum demand will improve in late 2Q and early 3Q. Sources report that commercial banks began to offer loans for railway construction projects since the beginning of 2Q, thus easing the tightness of railway investment funds. Industry insiders said the investment in railways may slightly beyond the plan in 2012. According to SMM statistics, aluminum consumption by the transportation sector accounts for about 25%, meaning domestic aluminum consumption may improve driven by railway investments. Wang said that Chinese aluminum consumption is expected to improve in late 2Q and early 3Q, as the railway investment funds are gradually in place and...
Sapa Extrusions North America has launched a line of rod and bar products available to its distribution partners in North America. Acc-u-Line features dimensional tolerances and grain structure consistency, delivering the industry’s best performance in machinability. Patrick Lawlor, president of Sapa Extrusions North America, said: “The combination of research and development through our North America Technical Center, strategic capital investments and input from our distribution partners and their customers has culminated in the best and most complete line of aluminium extruded rod, bar and hex products on the market.” As the largest soft alloy extruder in North America, Sapa Extrusions uses indirect presses to produce much of the new rod and bar product. Unlike the direct extrusion...
FSI Home Products, Inc., ( www.fsihp.com ) a leading manufacturer of aluminum outdoor living products, has introduced four new offerings into its RailingWorks(R) line of pre-built aluminum railing products. Additions to the line include a frameless glass railing system, a privacy railing system and new picket styles. A radiant silver powder coat color option is also now available for all RailingWorks standard railing profiles. "FSI is committed to continue providing innovative aluminum outdoor living products that are made to last," said James Conn, president. "Our latest RailingWorks aluminum railing products open up additional design options for our customers, making it even easier to create a custom outdoor living space that enhances the beauty of any home or commercial structure." The...
Former Sebi Chairman M Damodaran has joined the Hindalco Industries Board as an independent additional director, the aluminium maker said in a regulatory filing today. The existing 10-member Board of the Aditya Birla Group flagship is chaired by Group Chairman Kumar Mangalam Birla. The appointment of Damodaran would now take the tally to 11. Former Chairman of the market regulator Securities and Exchange Board of India (Sebi), Damodaran, would bring in both financial and administrative expertise to Hindalco, which is the largest aluminium rolling company in the world, the company said. An IAS officer of the Manipur-Tripura cadre, Damodaran was also the Chairman of UTI and the chief secretary of the Tripura government. He has over 30 years of experience in financial services and public...
Sadly missing their big guns at the plate, the Phils are at least entertaining fans this season with some power in the beer stands. For the first time, Citizens Bank Park is selling 24-ounce aluminum “Tall Boy” cans of Bud, Miller Lite, Yuengling and other brands for 11 bucks a pop. And “pop” is the operative word under the stadium’s so-called “crack and go” policy. The cans are popped open before they’re handed to fans, to lessen the chances of someone launching a sealed, 1?1/2-pound can onto the field. While the ballpark has previously sold (uncapped) aluminum and plastic bottles, this is the first season it’s vended beer in cans, according to Rich McFate, warehouse director for Aramark, the Phillies concessionaire. Besides the Tall Boys (named after the original 24-ounce cans...
MUMBAI – India's Hindalco Industries Ltd. (500440.BY) plans to raise up to INR30 billion by selling bonds, according to an invitation seeking bids from bankers. The Aditya Birla group unit, which sells aluminum and copper, plans to privately place 10-year secured bonds, said the invitation, seen by Dow Jones Newswires Tuesday. The issue has a core size of INR15 billion and the company has the option to raise an additional INR15 billion if bids exceed the original issue size. Separately, three people familiar with the matter told Dow Jones Newswires that bids have to be submitted by 0830 GMT Wednesday. The bonds have been rated AA+ by ratings agencies Crisil and Care. A spokesman for Hindalco couldn't immediately be reached for comment.
