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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Low weight is the golden goose of automotive technology. Everyone wants it because it brings about improvements in virtually all areas - performance, economy, handling - but engineering a car with lower weight than the one that preceeded it is difficult to do. Customers want safer, quieter and better equipped cars. This all adds weight, so carmakers searching reductions in weight often have to turn to lighter - and more expensive - materials such as aluminum, carbon fiber, titanium, magnesium and more. The aviation industry has the same goals and many weight saving technologies originally stem from research into aircraft design. The latest material, developed by aluminum producer Alcoa, is aluminum lithium alloy. Alcoa claims the new alloy could save up to 10 percent on the weight of a...
Alcoa announced today that architectural aluminum products from its Kawneer UK business will be used on the Halo Tower in London, that, when finished, will be one of the tallest residential buildings in London, offering panoramic views of the City and Olympic Park. Kawneer’s AA®201 unitized curtain walling is currently being installed on the 4th to the 43rd floor of the Halo Tower, and Kawneer’s traditional AA®110 curtain walling will be featured on the ground to third floor levels. “Kawneer’s AA®201 curtain walling is ideal for fast-paced construction projects like Halo Tower, said Sean Butler, Sales & Marketing Director, Kawneer UK. “Architects like the AA?201 system because it can be installed efficiently and no scaffolding is needed. It is easy to fabricate and provides superior...
Aleris today announced that it has expanded and moved its Asia-Pacific regional office in Shanghai to Unit 4, 28/F, Wheelock Square, No. 1717 Nanjing Road West. This office is the headquarters for Aleris (Shanghai) Trading Co. Ltd. activities and serves as Aleris's corporate office in the Asia-Pacific region. The company also announced that it has opened a new sales office to better serve customers in northern China, the Aleris (Shanghai) Trading Co. Ltd., Beijing Office, located at Room 2929, 29F, Block C, Central International Trade Centre, 6A Jianguomenwai Avenue. "The growth of our current business in China dictated the need for more office space," said Roeland Baan, Aleris executive vice president and chief executive officer, Europe and Asia. "These new offices also provide a base...
Thai Beverage Can Ltd yesterday officially signed a US$60 joint venture agreement with America's Ball Corporation to build a $60 million aluminium can plant in Viet Nam's southern province of Binh Duong. The project, slated for operation in mid 2012, will cover an area of 80,000 square metres in the Viet Nam-Singapore No 2 Industrial Park, with an annual production capacity of 850 million beverage cans. "This project is a milestone for us to approach the regional market, of which Viet Nam is a very important and emerging one," said Ball Corporation's president and chief executive officer John Hayes. He also said that the growing numbers of middle class and young to working age population in Viet Nam had made it a very attractive country for investment. "We expect that Viet Nam's demand...
Boeing Co (BA.N: Quote) may decide within the next year to begin hedging aluminum prices on the London Metals Exchange (LME) in order to reduce volatility in its costs, a senior executive said on Friday. If initiated, the company intends to use the new hedging program on its long-term agreements, John Byrne, an executive with the company's commercial airplanes unit, told Reuters. "Given the volatility, it's hard to tie down firm fixed pricing, so we have been looking at what are the different options to bring a little bit more stability into that pricing component ... hedging the LME was one of the options we have been studying," he said. "Within the next year was probably a reasonable time frame that we might use that option." Boeing's consideration of hedging was triggered by a sharp...
Oman-based Aluminium Rolling Mill Co has secured a loan of $193m to finance the country's first aluminium rolling mill, Times of Oman has reported. The project envisages setting up of manufacturing facilities for the manufacture of 160,000MT of aluminium per annum and will be the largest downstream buyer of Sohar Aluminium. The cost of the project is estimated at $396m.
Ess Dee Aluminium, India’s largest manufacturer of aluminium foil and foil products, is well poised to benefit from its backward integration exercises along with rising demand for packaging products from pharmaceutical and FMCG sectors. Business: Ess Dee Aluminium engages in the manufacturing and supply of primary packaging materials for the pharmaceutical, food, and FMCG industries in India and abroad. The company specialises in providing aluminum foil based flexible packaging laminates and coatings for pharmaceutical products in strip or blister packs. Ess Dee also manufactures thermoforming poly vinyl chloride (PVC) films and PVdC coated PVC films for packaging high-moisture and oxygen-sensitive products. The company sources aluminium foil stock from outside and converts it to...
Alcoa has announced new aluminium-lithium alloy and structural technologies enabling airframers to "build dramatically lighter and lower-cost" short-haul aircraft "at significantly lower production risk than composite-intensive planes". "The decisions made in the past decade to build the first composite-intensive aircraft was a huge wake-up call for us," said Mick Wallis, president of Alcoa North American rolled products, referring to the development of Boeing's majority-composite 787. The announcement comes as Boeing is deliberating about whether or not build a new small aircraft (NSA) to replace the Next Generation 737 or re-engine the company's best seller. Further, the decision is also surrounded by deliberations over material selection and whether or not the aircraft would have a...
The London Metal Exchange Wednesday said it has suspended three aluminum alloy and one NASAAC brand from Russian producer JSC Podolsk Non-ferrous Metals Plant. The aluminum alloy brands PODOLSK, PODOLSK 5 and PODOLSK 8, and the NASAAC brand PODOLSK have been suspended with immediate effect, the LME said. "Until further notice, no further deliveries of the under-mentioned brands will be accepted for LME warranting," it said in a note.
Aluminum producer Alcoa Inc has developed a new generation of alloys and technologies it says can lower the weight of airliners by up to 10 percent and improve fuel efficiency even more. "The alloys are mostly new and revolutionary for the industry," said Eric Roegner, president of Alcoa's Forgings and Extrusions business. He said that mixing aluminum with lithium produces a 7 percent improvement in density and results in significantly lighter products, but with the same strength and stiffness. "Weight savings depend on where you put them on the plane, but can give you a 12 percent improvement in fuel efficiency." Roegner told Reuters in a recent interview. Alcoa's Forgings and Extrusions business serves the structures market, including the company's aerospace sector, which has about $3...
In recent years, with the rapid development of our economy, railway transportation has been entering into growth period. Meanwhile, nergy shortage and environmental deterioration also put forward higher requirements on the development of railway transportation. Owing to light quality, excellent molding, high intensity, corrosion resisting and reproducible, aluminum stand out from the crowd. Despite our nation’s aluminum and aluminum products obtain long-term development, but compared with Europe, America and Japan, we still remains gap. In those countries, aluminum and aluminum products in transportation industry gain favorable economic benefits and social benefits. This means we still have certain development space in railway transportation industry. With the development of China’s...
South Korea's largest automaker, Hyundai Motor, plans to issue a tender seeking ADC12 aluminum alloy later this month, Japanese market sources said Tuesday. Hyundai typically issues its tender after Toyota Motor, but the Japanese automaker has postponed its June tender to July because of production cuts in the wake of the March 11 earthquake. The forthcoming tender is for July-September aluminum supplies. Trade sources said Hyundai is likely to issue the quarterly aluminum alloy tender either in the third or fourth week of the month. South Korean secondary aluminum smelters that regularly participate in the Hyundai tenders have been importing ADC12 alloy from China in the past two weeks, several Tokyo trade sources said. Hyundai Motor's procurement office was not available to comment....
Worldal reported that the choice of non metallic composites on the latest crop of jumbo jets doesn’t spell the loss of aluminum’s dominant role in commercial aircraft production. According to an Alcoa Inc executive, the choice of non metallic composites on the latest crop of jumbo jets doesn’t spell the loss of aluminum’s dominant role in commercial aircraft production. Mr Tony Morales global marketing director of aerospace aluminum at Pittsburgh based Alcoa Inc said that recent inroads by composites might have led to premature judgments about aluminum obsolescence. Alcoa has absolutely no quarrel with Boeing Company’s decision to use non metallic composites for a record 50% of the weight of its 787 Dreamliner which resulted in aluminum accounting for an uncharacteristically low 20%.
There are plans from Jaguar to push in 40 new cars in the near future which can be either variants of existing models or different technological get up. Its biggest rival is the BMW 3 Series and as of now Jaguar is hell bent on taking on this challenge with a model that would be different from the old X-Type. There is also the project wherein Jaguar is working on the C-X75 Concept. Then there are reports that the company would be using a highly advanced aluminum body for this SUV/crossover, which will be fuel-efficient being extremely lightweight on its own. However, it would be a four years wait that one would have to undergo for this model. The total weight of the aluminium body would be 200-300 kg or 441-661 lbs lighter than that of a car body with a conventional steel body. The...
Aluminum continues to be a popular metal in the electronics world. Aluminum computer casings, for example are able to be infinitely recycled without losing any functional properties. This allows engineers to create new shapes, colors and styles to satisfy consumers’ constantly changing needs while helping persevere our precious natural resources and reduce environmental impacts in maximum capacity. A recent report conducted by the United Nations Environmental Program has found that a select group of metals used in consumer electronics are being recycled. So, while the report noted that many metal recycling rates are discouragingly low it found that aluminum is being recycled at more than 50%. Mr Achim Steiner UN Under Secretary General and UNEP's Executive Director said that "In theory,...
June 3, on 18-20, May, 2011, headed by Foshan Foreign Trade Bureau, Huachang International Trade Department attends the 9th KZ- Chinese Commodity Exhibition. this exhibition was host by Ministry of Commerce of China, The Government of the Xinjiang Uygur Autonomous Region of China and The Xinjiang Production and Construction Corps. As an important economic and trade cooperation platform between China and Central Asia, and a convenience channel for KZ relevant organizations, customs and suppliers to know Chinese enterprises and products, this exhibition attracts more than 250 excellent enterprises to come to the exhibition. Huachang Aluminum Factory as a representative, during the exhibition its international department has already touched Central Asia customs and visited relevant markets,...
June 3, strive to realize aluminum industry sales revenue surpass hundreds of billion and cultivate an enterprise which annual sales revenue surpasses 20billion in 2015. Yesterday, Zhengzhou government release a new policy states that they will rapid develop aluminum precision processing, try their best to make Zhengzhou an aluminum industry base with strong comprehensiveness, complete industry chain. This new policy also clears the development goal of Zhengzhou aluminum processing industry. The first one is the goal of structure reconstruction: in 2015, aluminum precision processing products will increase to 30% compared with former less than 10%. The second one is energy saving: in 2015, strive to improve the rate of multipurpose utilization from les than 5% to 30%, to promote the rate...
Richard Dewayne Johnson, 34, of North Seventh Avenue faces a charge of theft by receiving and failure to register as a sex offender. According to information released by the Greene County Sheriff’s Department, Johnson sold “a large bundle of aluminum cans that were already bundled as though they had been sold to a recycling plant” on Thursday. A local recycling company confirmed they had a large bundle of can stolen the previous night. When questioned, Johnson said he had received the bundle of cans from a Willie Tucker, 32, of Vance Street and his girlfriend Nikki. Investigators arrested Tucker on Friday and he faces a theft of property charge. He also has three outstanding warrants from the city of Paragould. Paragould police will seek failure to register charges against Johnson because...
