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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...Several Taiwan-based makers of aluminum electrolytic capacitors including Lelon Electronics, Teapo Electronic and Luminous Town Electronic, viewing that Japan-based fellow makers will be unable to increase output due to the impact of the March 11 earthquake, are negotiating price hikes with clients and expect to realize a 10% increase in early second-quarter 2011, according to industry sources...
...Recently Southwest Aluminium of Chinalco finished the first Nb-Ti superconducting materials production this year. Nb-Ti superconducting materialsis a new kind of materials ...
... March 28, Pm, Tianjin development zone signed cooperation frame agreement on high-end Aluminum profile production base project with Guanggong Haomei Aluminium Group...
...Legrand offers a wide selection of aluminium busbars and cast resin transformers. With the price of copper predicted to break through the $10,000(US) per tonne mark, Legrand has underlined the benefits of its aluminium Zucchini busbars and cast resin transformers...
...Modern Woodmen Park is one of the symbols of past Mississippi River flooding. But innovations this year should help to protect the field and fans who go there. From high above Modern Woodmen Park, it's a work in progress. At ground level, it's an engineering marvel. Crews are installing a new flood wall, panel by panel. They're racing the calendar to be ready for Opening Day on April 7...
...Manufacturer’s Brass & Aluminum Foundry, Inc., and Ecreativeworks have joined forces to create a new website, www.mbaf.us...
...Shares in China Hongqiao slipped in Hong Kong on Friday, a day after its successful debut catapulted the main owner into the upper ranks of China’s wealthiest people. Shares in China Hongqiao fell by 0.9% to HK$7.83. A day earlier, the aluminum maker soared 15% on its debut. At Friday’s close, chairman Zhang Shiping’s five billion shares were worth $5 billion...
...China’s first high-precision aluminium and aluminium alloy cold rolling production line double rack with materials, which is built by Southwest Aluminium Company of Chinalco , succeed in the test run and entered into the overall finishing phase...
...Sculptures constructed from aluminum continue to pop up around the United States. In fact just this month artist Mr Michael Kalish’s sculpture of Muhammad Ali went on display in Los Angeles Nokia Plaza...
...Imposition of excise duty on utensils has not augured well for the utensil manufacturers in the region with the industry being befuddled over the decision. In the union budget 2011 to 2012 of the 370 items, which were exempted from central excise duty but chargeable to Value Added Tax, 130 items have been brought under 1% Excise duty. ..
...Alcoa ( AA ), the world leader in the production and management of primary aluminum, fabricated aluminum and alumina, has very good reason to rejoice with rising copper prices. This is because aluminum is generally accepted as a cheaper substitute to copper in many applications, and many manufacturers are seriously considering switching to aluminum with copper reaching all-time high prices early this year. This inclination towards aluminum would also benefit Alcoa's competitors which include Rusal, Rio Tinto ( RIO ), BHP Billiton ( BHP ) and Chalco ( ACH )...
...The primary aluminum industry in the United States is projected to grow at a CAGR of around 12% during 2011-2013, says RNCOS in its latest research report...
...Aluminium Bahrain plans to increase exports of higher margin products to Europe and said its production is not affected by strikes in Bahrain...
...Gooding Aluminium the national and international supplier of a wide range of high quality aluminium sheets, aluminium profiles and aluminium extrusions have launched an innovative range of aluminium stair nosings known as GA Step-Up 'Premium' Stair Nosings with super-grip tread inserts...
...Recently Airbus and parent company EADS signed purchasing frame agreement on supplying aluminium plates and aluminium profile with Southwest Aluminum Group Co., Ltd. Southwest Aluminium Group Co.,Ltd will manufacture and provide aluminium plates and aluminium profile for Airbus and parent company EADS...
...-Alcoa (NYSE:AA), together with the Alcoa Foundation, announced today that Alcoa has become a founding member of the Duke Center for Sustainability & Commerce, an organization dedicated to collaborating with industry and government to turn the vision of sustainability into products and solutions serving society...
...Business Day reported that SA’s aluminum importers are angry over the timing of an application by primary aluminum producer Hulamin for 10% duty on imports of semi fabricated rolled aluminum products...
...Business Day reported that SA’s aluminum importers are angry over the timing of an application by primary aluminum producer Hulamin for 10% duty on imports of semi fabricated rolled aluminum products...
