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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In January this year Shenyang imported 284 batches of metal and its finished products which valued 22,290 dollars. Compared with the same period in last year batches increased 460% and amount increased 98.57%. They mainly imported steel plate and aluminum products from America, Germany, Japan, Russia and etc. With the rapid development of old industrial bases, aircraft manufacturing and automobile industry in Shenyang, the need of steel plate and aluminum products also increased. In order to stimulate the growth of industrial economy Liaoning Shenyang Inspection and Quarantine Bureau brought level-to-level administration into import merchants, enhanced quality authentication management of imported metal raw material and ensured QS of imported metal products.
Crown Holdings plans to build a new two-piece aluminum beverage can plant in Nanning, the capital of Guangxi Province in Southern China, in response to growing demand for beverage cans in China, the US-based aluminum can maker said Monday. The new plant is expected to be operational by the end of second-quarter 2013 and have an initial annual production capacity of 750 million two-piece 33cl aluminum beverage cans. The plant will also have the ability to produce 50cl beverage cans. "We are seeing the shift to metal packaging increase as brand owners seek to expand the reach of what used to be 'local' products across different provinces," said Jozef Salaerts, President of Crown Asia-Pacific. "The addition of the Nanning facility effectively expands our geographic footprint and allows us to...
The aluminum company Novelis Inc., headquartered in Atlanta, has appointed Tom Walpole to the position of senior vice president of Novelis and president of Novelis North America. The appointment is effective immediately. In his new role, Walpole will lead the company's North American activities in aluminum sheet and light gauge products for the beverage, automotive, construction, packaging and industrial markets as well as an extensive recycling network. Previously, Walpole was senior vice president, Global Manufacturing Excellence, and president, Novelis Asia, a position he held since 2007. In a release, Philip Martens, Novelis’ president and CEO, says, "Tom is an exceptionally strong leader with global operating experience. He has done an outstanding job of directing our world-class...
“Futura Industries in Clearfield, Utah will invest an estimated $23 million to expand its plant that turns heated raw aluminum into parts used in various industries ranging from automotive parts to flooring, home improvement to fitness equipment manufacturing, a spokesman for the Utah Governor’s Office of Economic Development said. Futura moved its manufacturing operations to Utah over three decades ago and now needs to increase production capacity. “During the last four years, Futura Industries Corporation has experienced tremendous growth in revenue and income. We are at a critical juncture where expansion of our operating facilities is imperative,” said Sue Johnson, president of Futura Industries. “The State of Utah has been an outstanding location in which to build and grow our...
The Nigerian Stock Exchange (NSE) last week listed N4.6 billion bonds floated by Tower Funding Plc on its daily Official list. The bonds, series one tranche A and series one tranche B, were raised by Tower Aluminium Group from the capital market under its N9 billion (Medium Term Note) last year. The company issued N3.630 billion bond due on September 9, 2018 (series one tranche A) with a floating rate of Monetary Policy Rate(MPR) plus seven per cent and the N1 billion MPR plus five per cent floating rate bond due September 2018 (series one tranche B). The funds were raised through a book-building exercise spear headed by Dunn Loren Merrified (DLM) Limited, which acted as financial adviser, issuing house and lead book runner to the transaction. The N9 billion MTN programme is undertaken by...
Fata Hunter is to supply Shandong Weiqiao Aluminium & Electricity Co with a Single Coat Continuous Coil Coating line for aluminium can stock. The line sold to Shandong Weiqiao will process aluminium strip from 0.15mm to 0.80mm in thickness and 980mm to 1,880mm in width. With an operating speed of 300m/min, it will be the fastest CCL in China and one of the fastest worldwide. It will feature in-line side trimming and tension levelling, dry-in-place chemical treatment, a dual lacquer coater for quick coating change, an indirectly heated Flotation Oven followed by a flotation air cooler and a waxer. The equipment will be installed at the new Flat Products facility Shandong Weiqiao is building in Zouping County, Shandong Province and is scheduled to enter production in Q1 2013. It is the 11th...
Angel Broking has maintained neutral rating on Hindalco Industries , in its February 10, 2012 research report. "For 3QFY2012, Hindalco's standalone profit declined by 1.9% yoy while Novelis reported a net loss of US$12mn. We recommend Neutral on the stock." "Hindalco's standalone net sales increased by 11.4% yoy to `6,590cr mainly on account of higher volumes in both, aluminium and copper segments. However, aluminium segment EBIT decreased by 33.4% yoy to `310cr due to increase in input costs (mainly coal and crude derivatives). Nevertheless, copper segment EBIT rose by 51.1% yoy to `216cr due to higher treatment and refining charges and by-product credits. Overall, Hindalco's EBITDA decreased by 3.3% yoy to `716cr. Net profit decreased by 1.9% yoy to `452cr. Novelis' net sales decreased...
Furukawa Electric secured new order to supply aluminum wire harness for domestic 2 vehicle models, which are launched in summer 2012 and spring 2013. The firm got new order after the firm won the first order for new model launched by Toyota Motor in January. Furukawa Electric has developed the harness technology when the firm expects more than 60% of the harness per unit of vehicle could be aluminum harness in 5 years. The aluminum harness is made by aluminum alloy instead of traditional copper. The aluminum harness can reduce harness weight by 30% to 40%. The lower weight contributes to lighter weight for the vehicle when electric wire represents 60% to 70% of harness weight. Aluminum is also cheaper than copper. Furukawa Electric supplies the aluminum harness for back door harness of...
KUCHING: Domestic Trade, Cooperatives and Consumerism Ministry officers raided three retails shop in the city and confiscated more than 100 fake Diamond brand aluminium foils. The operation was initiated after the owner of the aluminium foil company flew all the way from Kuala Lumpur to lodge a police report here. After it was made, the ministry dispatched an enforcement team comprising 12 officers led by assistant enforcement officer Hazlan Abdul Kadir and went to a retail shop in Mile 13, Jalan Kuching-Serian, one in Semariang Baru and another in Petra Jaya. The store owners had their statements taken, and all aluminium foils found at the premises were confiscated. According to enforcement officer Robin Emerson Empurai, the case would be investigated under Section 5 (1)(b) of the Trade...
Actively improving aluminum production technologies, Yeong Shyh Cheng (YSC) Alu Co., Ltd., a Taiwanese maker of aluminum extrusions, has received a flood of contract orders for bike parts of aluminum, poised to cash in on the segment this year. The company has been specializing in aluminum and aluminum alloy extrusions for use in seamless tubing, industrial production, medical instruments, bicycles, etc. and related heat processing services for decades, deemed as one of professional makers of this kind on the island. To ride on the growing market trend for high-strength, high-quality materials used in bicycle production, the company has made considerable efforts on innovating thermal treating methodologies in recent years. The efforts have paid off obviously, as the company has enjoyed...
Central Motor Wheel of America, a Kentucky aluminum wheel manufacturer, is embarking upon a $3.39 million project that will enable the company to make larger wheels for the automotive market, Bernie Polzin, its chairman and CEO, said Thursday. The company got a boost recently when the Kentucky Economic Development Finance Authority approved $1 million in state tax incentives for CMWA to purchase equipment for the project at its Paris, Kentucky plant. The size of the wheels has become bigger and it's reduced some of our capacity, Polzin said in an interview. The project "will allow us to get back to where we were a half-year ago ... the equipment will allow us to make larger wheels," he said. Polzin, who declined to release capacity figures, said the project is expected to be completed...
Aluminum products producer Novelis cut its fiscal-year earnings estimate for the second time, citing lower shipments because of soft demand in Europe and weakness in its electronics business in Asia. But the U.S. unit of top Indian aluminum producer HindalCo Industries Ltd said it was seeing signs of improvement despite posting a quarterly loss and that it was optimistic over the longer-term prospects for the flat-rolled aluminum products market. "We are seeing a recovery, particularly in our European segment which was the most negatively impacted in the third quarter," Chief Executive Officer Phil Martens said in a statement on Wednesday. However, the company said it was lowering its forecast for fiscal-year 2012 earnings before interest, taxes, depreciation and amortization because of...
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Kaiser Aluminum Corp. (NASD: KALU) were yielding above the 2% mark based on its quarterly dividend (annualized to $1.00), with the stock changing hands as low as $49.87 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2011 and each share was worth $80.78 on that date, a mere $2.51 or 3.2% increase over eleven years. But now consider that you collected a whopping $9.69 per share in...
Country's largest aluminium producer Hindalco Industries is going to announce its December quarter number today. Its standalone profit after tax is expected to be flat at Rs 459.4 crore in the October-December quarter of FY12 as against Rs 460.3 crore in a year ago quarter. Net sales are seen going up by 6.8% to Rs 6,319.6 crore from Rs 5,917.9 crore year-on-year. EBITDA is likely to fall 4.7% to Rs 651.2 crore from Rs 683.4 crore during the same period. EBITDA margin is expected to be falling at 10.3% in the third quarter of FY12 versus 11.5% in the corresponding quarter of last fiscal. On quarter-on-quarter basis, net sales are seen going up by 1.6% and EBITDA too is likely to go up 5.4%. EBITDA margin is too seen improving at 10.3% versus 9.9%. However, PAT is likely to fall 8.6%....
Indian shares dropped 0.4 percent on Thursday on concerns about earnings outlook and investors took profits after the main index rallied 15 percent over the past five weeks. Hindalco Industries, the country's largest aluminium maker, fell 5.5 percent after its U.S. unit Novelis cut its fiscal year earnings estimate for the second time. Leading mobile operator Bharti Airtel fell as much as 2.4 percent, extending their 6.5 percent drop in the previous session, as brokerages cut their price targets on the stock after the reported an eighth straight drop in quarterly profit. Export-driven software companies such as Tata Consultancy Services and Infosys slipped 1.4 and 0.9 percent, respectively after industry body NASSCOM cut revenue guidance for most software exporters. Third-ranked Wipro...
Aditya Birla Group firm Hindalco is likely to report a fall in net profit on account of higher input costs in the third quarter ending December 2011. A sharp depreciation in the rupee is likely to cushion the impact of fall in aluminium prices though. Shares of the company plunged 6% in a flat market today. That was because Novelis, which contributes a major chunk to Hindalco's revenue, reported Q3 loss of $12 million against a net loss of $46 million (year-on-year). Net sales dipped 4%. A brokers' poll conducted by NDTV Profit estimates standalone net sales to rise 4.4% year-on-year at Rs 6,240 crore against Rs 5,975 crore. Profit after tax is likely to fall 2.1 per cent to Rs 450 crore against Rs 460 crore (YoY, standalone). On a sequential basis, net sales are likely to dip 0.5% at Rs...
The leading producer of aluminium rolled products also registered a 4 per cent dip in net sales to $2.5 billion for the December quarter due to lower shipments and a decrease in average aluminium prices, a company statement said. Novelis, a subsidiary of Hindalco Industries, has registered a net loss of $12 million for the quarter ended December 31, 2011. However, the company has managed to trim losses over the year ago period. In the comparable period last year, the net loss stood at $46 million. Hindalco will announce results for December 2011 quarter on Thursday. The leading producer of aluminium rolled products also registered a 4 per cent dip in net sales to $2.5 billion for the December quarter due to lower shipments and a decrease in average aluminium prices, a company statement...
An aluminum extrusion products manufacturer is shuttering its only Newton County operation later this year. Richmond, Va.-based Tredegar Corp. said last week its Bonnell Aluminum subsidiary plant in Kentland, which employs 146 people, would close by the end of the third quarter, a statement on Tredegar's website shows. In a letter to the Indiana Department of Workforce Development, Bonnell Aluminum said four rounds of employee cuts would begin April 3. United Steelworkers Local 118 represents many employees at the facility. Bonnell Aluminum makes products largely for the building and construction markets. "This was a difficult decision to make, and we regret the impact this decision will have on our employees in Kentland," Bonnell Aluminum President Duncan Crowdis said in a statement on...
