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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...This year saw a milestone in American history that is “known to few but benefits everyone”, according to American forged aluminium wheel producer Alcoa. “On February 23, 1886, Charles Martin Hall passed an electric current through a molten cryolite-alumina solution to form the first small, shining globules of aluminium, known today as ‘our crown jewels.’ ..
...Alcoa Inc (AA.N: Quote) notified its North American rolled products customers on Wednesday it had raised prices for MIC6(c) precision machine cast plate, Alcoa said in an email that all new orders placed on or after April 6 and shipments after May 27 regardless of order date would be increased by 10 cents per lb for all gauges of MIC6(c) precision machine cast plate...
...Japan Metal Bulletin reported that Furukawa Sky Aluminum started to move production of some commodity grade aluminum products from Fukaya plant in Saitama to Fukui plant...
...The Florida Building Commission on Tuesday voted unanimously to send a letter to Citizens Property Insurance Corp. recommending that Citizens accept all of the alternate methods allowed by the national electrical code for the remediation of aluminum wiring...
...Alcoa has received the Phoenix Award Grand Prize for excellence in brownfield redevelopment for the Company¿s role in reclaiming a former aluminum smelter in Oregon and returning it to productive use...
...Siemens has received an order from the Chinese company Henan Zhongfu Industrial Co., Ltd, to equip a new 2560 millimeter aluminum rolling mill with automation and drive technology. The rolling mill will be assembled in Gongyi in the Henan Province, where the first strip is due to be rolled in December 2012. The value of the order lies in the double-digit million Euro range...
...Based in Louisville, Kentucky, USA, Arco Aluminum produces and markets aluminium sheet for the major US domestic beverage can makers...
...Of the new entrants, PHP Group which is one of the biggest conglomerates in the country is the latest and started selling products in February. Aramit, Nikki Thai, Bikrampur and Dhaka Thai are some other companies which have come into the market in recent years...
...-Alcoa (NYSE:AA) has named Dina Shapiro Director, Marketing Communications and Branding, responsible for driving an integrated marketing strategy across the Company’s businesses and enhancing Alcoa’s iconic brand around the world...
...The market of aluminium extrusion products used in doors, windows and curtain walls has been growing rapidly as wood is getting scarce by the day. Nearly half a dozen companies have hit the market in the past two years to cash in on the growing market size now estimated at around Tk 600 crore a year...
...Accuride Corp. is debuting its Accu-Lite lightweight aluminum wheel line at the Mid- America Trucking Show in Louisville, Ky. The event runs through April 2...
...If only the Chinese would eat more TV dinners and drink more soda. It wouldn't help their waistlines, but aluminum producers would be grateful...
...Kanpur, Mar 28 (PTI) Gutkha and pan masala manufacturers'' new initiative to sell their products in paper and aluminium foil pouches has run into trouble with the pollution control authority stating it could still contain plastic...
...Novelis announced that it is increasing the prices of the specialty sheet products that it sells to European distribution and industrial customers. The company's fabrication charge will increase by up to EUR 120 per tonne depending on the product...
...Japan Aluminum Association has announced that Japanese rolled aluminum output increased by 2.7% to 166,199 tonnes in February from a year earlier...
...The German aluminum semis industry has made a dynamic start to 2011. The 34 German aluminum semis producers increased production significantly at the beginning of the year...
...THE US Commerce Department said on Tuesday that it had found 29 Chinese companies guilty of dumping some US$500 million (S$630.5 million) worth of extruded aluminium products into the US market last year...
...Alcan Cable, a business unit of Rio Tinto, introduces a new family of track resistant coverings for its aluminum overhead line wire products that protect the conductor from electrical degradation as a result of contact with trees. These special track resistant cables are used where frequent tree contact is expected...
