This week, the operating rate of major aluminium processors in China remained stable with a slight overall rebound, rising 0.1 per cent month-on-month. Performance was mixed across sectors, as the industry continues a moderate recovery trend. The operating rate for primary aluminium alloys climbed 0.6 percentage points to 61.4 per cent, driven by improved order volume and year-end momentum from automakers to meet their annual targets, with a positive short-term outlook. The operating rate for aluminium wire and cable rose 0.4 percentage points to 64.8 per cent, supported by recovering photovoltaic demand and restored margins, although the sustainability of the upward trend remains to be seen. The operating rate for secondary aluminium rebounded 0.6 percentage points to 53.9 per cent, with...
Novelis reported a 20 per cent year-on-year increase in adjusted EBITDA to USD 508 million in the second quarter of fiscal year 2027, while rolled product shipments declined 2 per cent to 919,000 tonnes. Net sales rose 25 per cent to USD 5.9 billion from USD 4.7 billion in the corresponding quarter last year, mainly due to higher average aluminium prices. Higher shipments of beverage packaging and aerospace products were partly offset by lower volumes in automotive and speciality products. Net income attributable to Novelis' common shareholders increased 29 per cent to USD 210 million, compared with USD 163 million a year earlier. Excluding special items, net income also rose 29 per cent to USD 146 million. Explore further insights and forecasts for the aluminium flat rolled products...
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After losing two big markets of Canada and United States, China’s aluminum industry finally gets some good news: Australia cuts down AD and CVD duties set against China’s aluminum extrusions exported to the nation. Otherwise China could lose 2/3 of the demand from developed countries covering North America, Europe and Australia, the destinations of China’s aluminum extrusion before the punitive duties were set against China. Australia’s annual demand for aluminum extrusions is about 0.15 million tonnes of which 2/3 is supplied by local manufacturers including Capral and G James. China’s aluminum extrusion exported to Australia was about 39,000 tonnes in 2010.
In 2010, the global aluminum wheel output reached about 200 million, up 25.9% from 159 million in 2009. It is expected that the output in 2011 will be 216.6 million, up 8.3%. China's aluminum wheel output surged by 52% from 65.6 million in 2009 to 99.80 million. The aluminum wheel output of the European Union in 2010 was about 35 million, accounting for 17.5% of the global output instead of the previous 21%. However, the output was still 6.7% more than that in 2009. The output of North America was 26.2 million, roughly the same with that in 2009. Superior witnessed a growth rate of 54%, HAYES LEMMERZ began to gain profit instead of suffering losses. Japan's output reached 25.90 million, down 16% from 2009. Due to the cost pressure from Chinese enterprises, Japanese companies had to...
The global manufacturers of aluminum electrolytic capacitors are mainly distributed in Japan, Taiwan, South Korea and mainland China. In 2010, Japan-based NCC, Nichicon and Rubycon ranked top three in the global aluminum electrolytic capacitor industry. The report not only studies the market size, competition pattern and import & export of global and China aluminum electrolytic capacitor industry, but also analyzes the operation of 15 major manufacturers around the world. NCC is the world's largest manufacturer of aluminum electrolytic capacitors. In 2010, capacitors, mainly aluminum electrolytic capacitors, accounted for 88% of NCC's operating revenue. In addition, NCC establishes KDK which specializes in the production of electrode foil both for its own use and other aluminum...
One of the world’s leading packaging product suppliers, Crown has planned to continue its business expansion in China to support a strong market growth. The company will construct two new aluminum beverage can production facilities and will add a second production line to a facility that is under construction. The new plants will be built in Changchun, Northeastern China and Zhengzhou, Central China. Each facility is expected to initially produce 720 million of two piece aluminum beverage cans per year. The Changchun facility is expected to commence operation in the Q3 of 2013 and will manufacture 50 cl and 33 cl cans. The Zhengzhou facility will manufacture 33 cl aluminum beverage cans and will begin operation by the initial quarter of 2013. In addition, the company will add the second...
Leucadia National Corporation and Mueller Industries Inc. recently signed a Standstill Agreement, which is due to expire on September 2, 2013. Mueller Industries Inc. is a leading manufacturer of copper tube and fittings; brass and copper alloy rod, bar and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic fittings and valves; refrigeration valves and fittings along with fabricated tubular products. It primarily operates in the United States, Canada, Mexico, Great Britain, and China. As per the agreement signed, Leucadia can hold up to 27.5% of Mueller’s outstanding common stock and can appoint at most two directors to Mueller’s Board of Directors. Besides, Leucadia is not permitted to sell Mueller’s shares to any party holding more than 4.9% of the...
The vitality of a company refers to survival and development of the company,and specially refers to the ability to keep sustainable development. The companies need capital, talents, technology and system to support their developmet. Jiangsu Kailun Aluminum Co., Ltd explores a new way to rely on high-tech and maintain long-term development. Jiangsu Kailun Aluminum Co., Ltd is a multi-industry new pattern enterprise, engaged in production, manufacture and sales of architectural ornament and industrial aluminum profiles, and involved in automobiles, railway, metro, steamships, electron and medical equipments. At present, Jiangsu Kailun Aluminum Co., Ltd possesses full-automatic extrusion wire, electrophoretic coating, powder spraying and PVDF coating,and its annual capacity is over...
The worldwide aluminum market is expected to reach 52 million tons by the year 2015. Factors for this growth will include enhanced consumption from China and India, and the rising use of the metal in the automotive and packaging sectors. The economic recession severely impacted the world aluminum market as metal prices fell drastically amid weakened demand from construction, aviation and car industry. The phenomenon resulted in erosion of profits for manufacturers leading to the shutdown of several smelters along with suspension of investments, across the globe. The US and the West European markets also experienced reduced demand in downstream industries. The global financial crisis not only affected the supply of aluminum, players in the industry were also forced to shift production to...
Wuhan Caidian Government & Wenzhou Ruiming Industry Co., Ltd signed an investment contract yesterday. The domestic largest auto aluminum casting company officially settled in Caidian Changfu Park. The company mainly is engaged in research and development and production of automobile engine aluminum alloy cylinder block and cylinder head, which enjoys high reputation in the industry. The total investment reaches 0.6 billion Yuan, and after being put into production annual production value can reach 0.9 billion Yuan, which will largely improve its industry competitive advantages.
Argentinian producer Aluar said it earned ARG761M ($180M) in fiscal year 2010/2011. The firm said among the reasons for the figure was a result of higher aluminium prices. In a letter to the Bolsa de Comercio de Buenos Aires to the results of its fiscal year ended June 30, 2011, Aluar said that in the fiscal fourth quarter it earned ARG196.3M ($46.8M). Aluar's fiscal year begins in July. The group exports about 80% percent of its production, including primary aluminium and semi-finished and finished products for the transport industries, construction, packaging, electrical conductors and kitchenware.
New Materials research report from GlobalData is now available from Fast Market Research This comprehensive SWOT profile of Shandong Nanshan Aluminium Co., Ltd. provides you an in-depth strategic analysis of the company's businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Qian Jianming, Chief Financial Officer of JANGSU ALCHA ALUMINUM CO.,LTD said, the company adopts purchase and sale mode of processing charges to reply the fluctuation in aluminum price. ALCHA ALUMINUM specializes in the production and sales of aluminum foil, air condition use coating aluminum foil, aluminum profiles, aluminum plate and aluminum strip.
The government of Ghana here on Friday promised to prop up state aluminum company ALUWORKS in the face of increasing competition in the market. Vice President John Dramani Mahama made this promise during a day’s visit to the company, located in the industrial port city of Tema, about 40 km east of here. Mahama said the government would review the procurement law, which placed local industries at equal level with importers and international industries to ensure local manufacturers did not suffer undue competition from importers. The vice president, who used the trip to acquaint himself with operations and challenges faced by the company, promised that the company would, with time regain their competitive hold on the market.
Norwegian conglomerate Orkla ASA will discuss whether to sell Swedish aluminum company Sapa at its board meeting Wednesday, Norwegian business daily Dagens Naeringsliv reports Monday. Orkla's chairman and main owner, Stein Erik Hagen, has for a long time wanted to sell Sapa, which has 14,000 employees, according to the daily, which notes that a listing of Sapa may be an alternative.
ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –Global and China Aluminum Electrolytic Capacitor Market Report, 2010-2012. The global manufacturers of aluminum electrolytic capacitors are mainly distributed in Japan, Taiwan, South Korea and mainland China. In 2010, Japan-based NCC, Nichicon and Rubycon ranked top three in the global aluminum electrolytic capacitor industry. The report not only studies the market size, competition pattern and import & export of global and China aluminum electrolytic capacitor industry, but also analyzes the operation of 15 major manufacturers around the world. Since electrode foil serves as the major raw material of aluminum electrolytic capacitor, the report also introduces the market size and...
About a decade and a half ago, when the country was witnessing big investments in telecom, IT and consumer goods, these young, first-generation industrialists, mostly based in the mineral-rich eastern states, started rolling out niche products for which competitors were few and the returns high. Ess Dee Aluminium is a success story. The pharma packaging firm set up manufacturing units close to its clients, even as leading packaging companies such as India Foils faltered. Ess Dee eventually acquired IFL from Sterlite Industries in 1998, and under CEO Sudip Dutta has restarted two of its largest factories.
A subsidiary of China’s Nanshan Group Co. Ltd. has delayed breaking ground on construction for an aluminum extrusion plant in Lafayette, Ind. Chicago-based Nanshan America Co. was due to begin construction this summer.
Inward bending of anode stubs, generally known as "toe-in", is a well understood occurrence in all pre-bake aluminium smelters. The difference in linear expansion of the carbon anode and the steel yoke or spider of the anode rod at high temperatures in the reduction cell means that the yoke expands more than the anode, bending the stubs which are anchored in the anode block. Stubs become bent inwards just above the iron thimble, changing the geometry of the yoke, and stubs can no longer be correcly located in the anode holes during subsequent rodding. Ultimately the stubs will no longer fit into the holes. The machine to be supplied to ALRO will be designed for the 2x2 130mm stub diameter techonology in use at that smelter and will be delieverd in 2012.
According to Southwest Aluminum (Group) Co., Ltd, their first high-precision cold tandem rolling line in domestic market has now put into volume production, and their material “ made in Chongqing” aluminum ring pull end take over 30% of the domestic market share. It is reported that every year China uses billions of aluminum ring pull ends. But domestic aluminum processors never came up with thin and high strength qualified aluminum profiles, and only relied on import for long-term.
