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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Yesterday, in the production workshop of Kingle Aluminium Technology Stock Co., Ltd, the automatic production lines were running in high speed and all the workers were working feverishly. It is because the company has just signed a one billion order for aviation aluminium and electronic aluminum. As a famous enterprise who was in difficult position half a year ago, Kingle now regains its vitality with the strong support from government at all levels. Since Kingle restarted its production in May, the output value of the company has hit one billion within a short period of more than 3 months. Since 2007, due to the large investment in the fixed assets, there were difficulties in the operation of company’s working capital. However, under the help of the Changsha government, Kingle has become...
China is the world's largest consumer of aluminum, with aluminum consumption of more than 14 million tons per year, accounting for around 40% of the global consumption. However, aluminum consumption per capita in China still remains at a low level. As matters stand, aluminum consumption per capita is about 10 kg in China, while that in the United States, Japan and Germany has reached 35 kg, 33 kg and 32.5 kg respectively. So there is still great space for aluminum consumption growth in China in the long run. The output of China’s aluminum profile increased to 9.33 million tons in 2009 from less than 2 million tons in 2001, with a compound growth rate of approximately 25.16%, substantially higher than the average growth rate of the global market. As of early 2010, the output of China’s...
Twenty-two-year-old Sudarshan Venu, the son of TVS Group's most visible member, Venu Srinivasan, on Friday joined the board of key group company Sundaram Clayton - a maker of aluminium die-casting and also an investment arm inside the group. "He is a non-executive and non-independent director of the company," the company said in a filing to stock exchanges. Sudarshan's qualifications include a Masters in International Technology Management from Warwick Manufacturing Group (belonging to the University of Warwick). He had also obtained two bachelor of science degrees - one in engineering and the other in economics. While pursuing his masters, he underwent training in the die-casting division of the company, and also in TVS Motors.
Stockcall.com offers investors comprehensive research on the Metal Fabrication industry and has completed analytical research on Reliance Steel & Aluminum Co. RS -4.41% and Precision Castparts Corp. PCP -2.80%. There are several positive trends affecting the Metal Fabrication sector lately. Currency trends are helping out companies in the sector that have overseas exposure. A weak dollar makes the price of the industry's goods more attractive, helping to drive demand. One major positive trend for the sector has been the strong performance of the aerospace industry. Moving forward, companies in the sector with exposure to aerospace, should see strong demand moving through the back half of the year provided the macro economy does not take any sudden steps backward.
The final beer and beverage cans rolled off the production line Thursday at Torrance's Ball Corp., ending a 45-year history of aluminium can manufacturing at the plant. Ball announced in January that the Crenshaw Boulevard plant, which employed 120 people, would close by the end of the third quarter.
Mitten Vinyl Australia is an authorised distributor of Hunter Douglas aluminium cladding and can offers specialist advice on the installation and maintenance of aluminium cladding. Aluminium cladding offers homeowners a prefinished and lightweight timber look cladding that is low maintenance and simple to install. Mitten Vinyl offers aluminium cladding in 5m x 5m boards in alpine white smooth, bone white country oak and wild oat country oak finishes. Matching trims can also be provided. Additional colours and profiles can also be ordered on request.Mitten Vinyl also has a team of technical experts that are able to provide a solution to even the trickiest requests as well as identification and matching on receipt of a sample. Additional information is available from Mitten Vinyl.
Hydro is breaking ground in Suzhou, China to help satisfy domestic demand of high-value extruded aluminium products and solutions. Its expansion is proceeding as expected, and a pinch of Chinese luck is part of the plan. Hydro expects to have around 600 employees in Suzhou when the new presses are brought into full production, which would make the site one of its larger extrusion-based locations in the world. The other extrusion press, which will start production some months earlier, will be part of the existing precision tubing operation. One of the new lines will be dedicated to heat transfer components and systems, while the other will be directed toward industrial customers who require added value services such as fabrication – the higher-end building and construction segment is an...
Brazil's consumption of aluminium castings increased 14% in the first half of the year, the local aluminium association, Abal, said on Wednesday.
The Australian Customs and Border Protection Service announced the completion of the reinvestigation into aluminium extrusions exported to Australia from China. Customs and Border Protection affirms the origin findings and states that import prices for primary aluminium do not reflect competitive market costs and therefore should not be used as a basis for constructing costs for the purpose of establishing normal values. Customs and Border Protection dumping margin is a de minimize rate of less than 2%. The effective rates of duty imposed on imports of aluminium extrusions exported from China are 3.8% to 7.4% for Tai Shan City Kam Kiu Aluminium Extrusion Co Ltd, 6.1%-13.6% for PanAsia Aluminium Ltd, 5.5% to 7.6% for Zhaoqing New Zhongya Aluminium Co Ltd, 6.4% to 12.4% for residual...
ALCHA reported today, on August 30, its wholly-owned subsidiary Baotou ALCHA North Aluminium Co., Ltd. received a notification from the Nei Monggol Autonomous Region Development and Reform Commission, plans to establish a production line with 250 thousand ton annual production of aluminium plate/strip/foil and auxiliary facilities, totally invest in 1.505 billion Yuan.
The demand for aluminium has been strong in recent years. However aluminium industry being cyclical in nature, it could see a downturn in demand with the recent slowdown being witnessed in Indian and world economies. The main end users of aluminium are the transportation, power, packaging, consumer durables and construction sectors. The usage pattern for aluminium in the sectors mentioned is different in India as compared with the rest of the world. While globally, the transportation and construction sectors are the major consumers of aluminium, in India, the bulk of the demand is accounted for by the power sector, followed by transportation. The outlook for most of the demand drivers is positive but the recent slowdown witnessed in construction and transportation sector due to high...
Alloy Heat Treatments can restore the strength of products machined from large blocks of aluminium and prevent potentially catastrophic failure. Optimum properties can be restored to proof-machined products using re-heat treatment, inspection, testing and release to the required temper. Alloy Heat Treatments (AHT) has the capacity to heat treat automotive and aircraft products up to 2.5m by 2m by 1.9m and 5 tonnes gross weight in a drop bottom facility at its Dudley site. In addition to providing straightforward heat treatment to manufacturers and machinists, it also offers both hardening and softening heat treatments to material stockists and suppliers who have difficulty in sourcing material in the required temper.
Gulf Extrusions, one of the largest aluminum extrusion plants in the Gulf region, has announced that it has been awarded the "CE" Certificate for Factory Production Control, which confirms that Gulf Extrusions products have been manufactured in accordance with European Standards. The German inspection team from TUV Rheinland LGA Bautechnik GmbH revealed in its report that Gulf Extrusions complied with the EN 15088:2006 standard during an inspection of its factory in Jebel Ali and the internal factory production control of aluminium extrusion profiles.
The U.S. Department of Labor's Occupational Safety and Health Administration has cited Ohio Aluminum Industries in Garfield Heights with 14 serious safety violations carrying $60,900 in proposed fines. The violations involve failing to provide machine guards on the bandsaw blade; failing to properly provide ground equipment; failing to provide personal protective equipment such as aluminized aprons and mesh screen face shields to protect against burns; failing to verify process safety management procedures and practices for sulfur dioxide as well as provide proper training to employees regarding safe operating practices; exposing workers to continuous noise beyond the permissible eight-hour noise exposure limit; failing to implement engineering controls to reduce noise; allowing wood dust...
Alcoa AA announced today that Glen Morrison, President of Alcoa Building and Construction Systems, was named a Senior Fellow of the Design Futures Council (DFC) by the organization's Board of Directors. The DFC is an interdisciplinary network of U.S. design, product and construction leaders looking to advance innovation and shape the future of the commercial building industry. The honorary distinction is awarded annually to outstanding individuals who have provided noteworthy leadership to the advancement of design, design solutions, or the design profession.
Votorantim said that a “technical issue” at its fully-owned aluminium subsidiary Companhia Brasileira doe Alumínio (CBA) hurt both production and sales during the second and third quarters this year
Commission said it found no evidence of a significant change in circumstances since their previous investigation, and recommendation duties be phased out ALUMINIUM producer and exporter Hulamin ’s request for a 10% duty on semifabricated, rolled products has been turned down by the International Trade Administration Commission of SA (Itac). The commission said yesterday it found no evidence of a significant change in circumstances since its previous investigation of the industry, and its subsequent recommendation in 2008 for duties to be phased out.
The output of ARMENAL plant, the only producer of aluminium foil in the Caucasus and Central Asia, totalled 13,110 tons in the first half of 2011, a 8.2% increase as compared with the same period last year. Company’s volume of exports made 12,602 tons, a 4% increase as compared with Jan.-June 2010. According to Armenia’s customs service, export growth of ARMENAL reached $45.1 million (a 19% increase). ARMENAL formed part of RUSAL in 2000.
