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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...Reuters reported that Alcoa Inc notified its North American rolled products customers this week that it had raised prices for several of its industrial heat treated plate products...
...The Championship Late Model Association DIRTcar Series would like to announce that we have extended our partnership with Keizer Aluminum Wheels for the 2011 season...
...Alcoa Inc. (AA - Analyst Report) raised the prices for several of its industrial heat-treated plate products in North America on March 15. Now, 6061 GE Plate and 6013 PowerPlate, including Mold Plate will be available at 10 cents higher per lb...
...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. Federation of All India Aluminium Utensil manufacturers President Bharat Garg maintained, levying of 1 per cent Excise duty on aluminium has left the industry confused...
...The London Metal Exchange Thursday said it has approved the listing of a new aluminum alloy brand for Daiki Aluminium Industry (Thailand) Co. Ltd...
...One of the world’s largest and leading manufacturers of lithographic plates for the offset printing industry has awarded Alcoa Warrick Operations with its 2010 Aluminum Supplier Quality Award...
...Reportedly, China’s exports of aluminum alloy may decline in the following 2 months to 3 months as the majority of Japan’s automobile manufacturers announced to suspend the production after the massive earthquake...
...On June 6th-8th, a remarkable cast of executives will meet in New York City for the inaugural Aluminum Summit, supported by leading industry publication American Metal Market...
...As far as the Hindalco is concerned, I think the buying comes at below Rs 200, the moment the stock slips below Rs 200 and one can see again the stock moving back to about Rs 215-220. So may be the range of Rs 200-215 gives lot of comfort even to the short-term traders by playing into the stock in this range...
... Alcoa Inc. (AA), one of the largest aluminum makers in the world, said that the company's strategy is to maintain exposure to fluctuations in aluminum prices on the London Metals Exchange and that it generally does not hedge foreign-exchange exposure. ...
... The GCC building and construction industry currently consumes up to 400,000 tons of aluminum annually, making it one of the biggest markets for aluminum products in the region. Construction projects in Saudi Arabia, the UAE, Qatar and Kuwait have been key growth markets that are driving the surge in demand for aluminum. ...
... (China Aluminium Network)After hard work in previous period, rough aluminium plate project of Southwest Aluminium Company has entered into comprehensive critical stage. General Manager of Southwest Aluminium Li Fengyi called for joint efforts of all staff to improve the project on March 15. Leaders from Southwest Aluminium (Group) Li Fengyi, Chen Lin, Li Xun, Yin Xiaohui and Gao Xingfang attended the mobilization meeting.
... China’s largest producer of complete series of cigarette paper and cigarette materials production base assured by company headquarters. The main business cover medium-high grade cigarette paper, wrap paper, aluminium-foil backing paper, Zinc oxide offset plates of paper, etc. ...
... Some Aluminium Association of South Africa members disagreed with Hulamin Ltd. (HLM)’s application with the nation’s International Trade Administration Commission for a 10 percent duty on semi-fabricated, rolled products, Business Day reported. ...
... Alcoa has appointed U.S. stock transfer services provider, BNY Mellon Shareowner Services. BNY Mellon has been selected as the transfer agent for Alcoa. Alcoa is a producer of primary and fabricated aluminum, and the world’s largest miner of bauxite and refiner of alumina. ...
... This report analyzes the worldwide markets for Aluminum in Thousands of Tons by the following Product Segments: Rolled Extruded Products (Bars, Rods, Angles, Shapes, and Wires), ... Alumínio Brasileiro S/A, Aluminium Bahrain B.S.C, Aluminum Corporation of China, Aluminum Corporation of China Limited, ...
...The Aluminum Association is proud to announce its newest company member, Skana Aluminum. Skana Aluminum, located in Manitowoc, Wisconsin, continues its long history of aluminum manufacturing in North America and the Wisconsin Lakeshore area. This history extends back to the 1900s with the formation of Aluminum Goods Manufacturing Company in 1909 and the establishment of MIRRO cookware product line in 1918. In 1983 the company was purchased by Newell/Rubbermaid and today, lives on as Skana Aluminum...
...Qatalum, the state-of-the-art aluminium smelter being built as a joint venture between Qatar Petroleum and Hydro in line with Qatar's long-term economic diversification strategy, took part in the 5th Middle East Aluminium conference, which ran from 14 to 16 March 2011 at The Westin Hotel in Dubai...
