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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Novelis has declared the closure of its Jonquire, Quebec, Canada-based Saguenay Works facility. Once the transition is completed, production will be stopped in August 2012. According to the President and CEO at Novelis, Philip Martens, the company still has a significantly strong long-term potential and the company must strive to establish its footprint in order to uphold its overall business goals more effectively to ensure profitable growth. Novelis conducted a detailed review of its manufacturing operations in the North American region and decided to close the Saguenay plant in order to establish the firm in a stable position for the future. It seemed important to optimize the production capacity in this region as well as deal with the continuously rising structural challenges and...
Kaiser Aluminum Corporation KALU -0.17% today announced that its Board of Directors has declared a quarterly cash dividend payment of $0.25 per share on the Company's outstanding common stock. The dividend will be payable on May 15, 2012 to shareholders of record as of the close of business on April 26, 2012. Company Description Kaiser Aluminum Corporation, headquartered in Foothill Ranch, Calif., is a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly-engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. The Company's North American facilities produce value-added sheet, plate, extrusions, rod, bar, tube and wire products, adhering to traditions of quality,...
Indian non-ferrous metals producer Hindalco Industries is sounding out markets for a potential 10-year bond sale, with the aim of raising up to 15 billion rupees ($291.66 million), three sources with knowledge of the discussions said. The company, part of the diversified Aditya Birla Group, may hit the market as soon as this week, two of the sources added. ($1 = 51.4300 Indian rupees)
Below are the three companies in the Aluminum industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.Kaiser Aluminum ranks highest with a a forward P/E ratio of 13.22. Alcoa is next with a a forward P/E ratio of 10.03. Alumina ranks third highest with a a forward P/E ratio of 9.98. Century Aluminum follows with a a forward P/E ratio of 9.05, and Noranda Aluminum rounds out the top five with a a forward P/E ratio of 6.83. SmarTrend recommended that its subscribers protect gains by selling shares of Noranda Aluminum on March 8th, 2012 by issuing a Downtrend alert when the shares were trading at...
To strengthen its northern operations, Total Aluminium Systems Limited, the authorised representative of SUNSTONE, one of the leading stone chip coated roof brands in Nigeria, has inaugurated its Abuja factory. The decision to open the factory, which is built on two hectares of land, is in response to the yearnings of the consumers, especially northern distributors and other trade partners who have for years been urging the company to site a factory in the area to enhance easy access to the products. In his remarks at the event, the Chief Executive Officer of the company, Chief Frank Owelle, stated that; "As a corporate organisation, Total Aluminum Systems Limited regards feedbacks from trade partners as an important factor required for growth. What Nigerians will be witnessing in the...
Recently, aluminum industry leading company NOVELIS and Changzhou State HiTech Zone signed an agreement that will build automobile aluminum plate manufacturer in this area. The first phase will invest in 0.1 billion dollars and it is likely to provide products to Asia automakers after finished. When the whole project is completed will be the largest aluminum plate recycling and manufacture base in China. It is learned that NOVELIS covers over 50% in world automobile aluminum plate and aluminum pot plate market.
If you've been to the newly named James Bartleman Archives and Materials Centre, or simply live near Algonquin College, you might be familiar with the work of Kingston artist Don Maynard. Maynard was commissioned to build the sprawling abstract sculpture, simply titled "Archive," that adorns the Tallwood Drive facility. (That's it above, as seen from beneath.) And now, he's been asked by the city to install a new work—this time, a gigantic aluminum star—at the top of a toboggan hill at a brand new Barrhaven Park: The city announced today that Maynard had won the Half Moon Bay Park public art competition. From their release: An omen of good luck and harbinger of change and new beginnings, Falling Star will be a beacon of magical possibilities and imagination in a new and rapidly growing...
Striking workers are back on the job at Nichols Aluminum in Davenport. The company president says around 80 workers have been brought back, after the union ended its strike last week. The walk-out began in January in a contract dispute. During that time, Nichols hired more than 100 full-time temporary replacement workers. The company president tells TV6 that a contract agreement has not been reached, but there are plans for the two sides to meet again this month. There are additional union workers who have not been called back to work yet. The union president said negotiations are ongoing.
The Aluminum Association has elected three new members to its board of directors. The three new board members are Matt Aboud, vice president and managing director of Hydro Aluminum's Metal Markets in North America; Anthony Farraj, commercial vice president of Global Packaging for Alcoa Global Rolled Products; and Tom Walpole, senior vice president of Novelis and president of Novelis North America. "Matt, Tony and Tom have diverse experience and expertise in critical areas of the U.S., North American and global aluminum industry," says Tom Brackmann, president of Nichols Aluminum and chairman of the Aluminum Association's board of directors. "They will be a vital part of leading the association over the next several years as the association continues its long-term commitment to researching...
It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?" When judging a company's prospects, how quickly it turns cash outflows into cash inflows can be just as important as how much profit it's booking in the accounting fantasy world we call "earnings." This is one of the first metrics I check when I'm hunting for the market's best stocks. Today, we'll see how it applies to Kaiser Aluminum (NAS: KALU) . Let's break this down In this series, we measure how swiftly a company turns cash into goods or services and back into cash. We'll use a quick, relatively foolproof tool known as the cash conversion cycle, or CCC for short. Why does the CCC matter? The less time it takes a firm to convert...
The production volume of aluminium castings has declined by 40% in the past decade, Aluminium Federation of South Africa (Afsa) vice-chairperson Bob Stone tells Engineering News. This is despite South Africa’s growing automotive industry, which will inevitably develop a need for more metal casting components from foundries, he says, adding that foundries are struggling to secure contracts to supply components to the automotive industry. Many, in fact, have closed shop, with many more struggling to keep up with rising electricity costs. Major automotive piston manufacturers Federal-Mogul and Kolbenco for instance, had to shut their doors in 2007 and 2008 respectively, leaving South Africa with no local automotive piston manufacturers. Stone attributes this to the high price of raw...
C.S. Aluminum Corp., an affiliate of the CSC Group, has recently decided to budget NT$25 billion to expand capacities in Taiwan and China, the completion of which will enable the supplier to integrate upstream and downstream operations, including melting, refining and production of high-end aluminum products for automobiles. Such move will help the company to markedly improve operations and boost international recognition, in addition to helping southern Taiwan-based manufacturers of aluminum products to build sales. Fully CSC owned, C.S. Aluminum is Taiwan’s largest manufacturer of aluminum products, backed by wide-ranging facilities to processing aluminum billets, coils etc., which are extensively used in the food packaging, electronics, machinery and construction sectors. With support...
Aluminum products maker Novelis Inc, which has cut its fiscal 2012 earnings estimate because of lower shipments and soft demand, will close its Saguenay Works in Jonquiere, Quebec. The plant has 157 staff and production employees and makes aluminum coils to supply other Novelis facilities. It will cease production in August, said Novelis, the U.S. unit of India's HindalCo Industries Ltd. "While the long-term growth potential of Novelis remains strong, we must continue to optimize our footprint to more efficiently support our overall business objectives to drive profitable growth," President and Chief Executive Officer Philip Martens said on Thursday. Novelis said after a review of its manufacturing operations in North America, it determined the Saguenay closure was necessary to...
The case for the suitability of aluminium for the fabrication of fire protection products is made strongly by leading building envelope and solar products specialist, Schueco UK Limited, whose range of specialist glazed aluminium doors, façades and windows is the most comprehensive in the UK market. Based on many years of experience, independent test evidence and assessment, Schueco’s aluminium fire protection systems fully satisfy Building Regulations’ requirements. Almost indistinguishable in appearance from standard products, they meet all the criteria for Integrity (E) – the prevention of the spread of flame – and Integrity/Insulation (EI) – the prevention of the spread of flame and the provision of a barrier to heat. Single and double Schueco ADS 80 FR doors can be specified with...
Firstcall Research is bullish on Parekh Aluminex and has recommended buy rating on the stock with a target of Rs 385 in its April 10, 2012 research report. "Parekh Aluminex Ltd a Mumbai based company established in 1994, headed by Mr. Amitabh Parekh (Chairman and Managing Director). The Company engaged in the manufacture of aluminium foil containers (AFC), aluminium lids and aluminium foil rolls of various sizes, shapes and thicknesses as per customer requirements. The Company's products are used in packaging food items in households, travel and hospitality sectors (airlines, railways, fast food chains, restaurants, hotels, among others). An increasing number of people prefer to use aluminium food packaging containers today and eight out of ten aluminium packaging containers used in India...
Aluminium-rolled products maker Novelis today said it will invest $100 million to set up a manufacturing plant at Changzhou in China with a capacity of 1.2 lakh tonne a year to cater to the auto sector. The company, a subsidiary of Aditya Birla Group flagship Hindalco Industries, signed a pact with the Changzhou National Hi-Tech district to build its first automotive sheet making facility in China, it said in a statement. "The agreement including the land use rights to more than 160 acres was signed today at a formal ceremony in Changzhou City in Jiangsu Province of China. The wholly-owned, $100 million plant will have a capacity of 120,000 tonnes a year," it said. The plant would be commissioned in late 2014, it added. Novelis is a leading producer of rolled aluminium for the global...
China’s aluminum demand will grow 8 to 10 percent annually on average for the next five years on uses from beverage cans to cars, driving up prices over time, according to Novelis Inc., the world’s biggest user. “One would expect the demand in China and Asia to drive up the aluminum price, given the scarcity of aluminum that’s available to the market,” Philip Martens, chief executive officer, said in an interview today in Changzhou city, Jiangsu province, where it will build its first automotive sheet manufacturing plant in China. Prices in London may return to $2,500-$2,700 a metric ton, he said, without giving a timeframe. China accounts for about 40 percent of global consumption of aluminum. The metal, used in construction, beverage cans, electronics and the automotive sector, has...
Through 5 years of hard work and thousand times of experiment the first aluminum alloy semitrailer made in Hebei Putai Machinery Manufacturing Co.,Ltd in Jing County. At present, this skill has passed the recognition of CAA. This kind of semitrailer long 13 meters, made of aluminum structure, adopted disc brake, can realize frequent braking. The total weight was 3.5 tons lighter than iron trailer can save oil more than 7%. The service life was as long as 10 years will created another more economic benefits of 180 thousand yuan per year. After this project put into volume production can produce 2000 units of semitrailer with 1 billion yuan of sales revenue.
