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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...Rexam has converted lines at its Egyptian beverage can plant from steel to aluminium and increased its production capacity in order to meet customer needs in the region...
...American Aluminum Extrusions will invest $7.5 million and create 130 manufacturing jobs over the next three years as it expands to the former Warner Electric Inc. site on McCurry Road...
...Alcoa (NYSE:AA) announced today that its Reynobond® aluminum composite material (ACM) contributed to the sustainable design of Advocate Lutheran General Hospital, the first hospital in the Midwest to achieve LEED (Leadership in Energy and Environmental Design) Gold certification...
...The domestic and international supply of aluminium from Rio's Boyne Island smelter was disrupted in early January, with the company declaring a force majeure as the result of the floods which devastated Queensland and parts of northern NSW...
...It is reported that Montupet wholly owned subsidiary of a French company of the same name has operated successfully in Dunmurry for 20 years, specializes in the manufacture of aluminium vehicle engine components for which it has contracts from a number of car manufacturers from across Europe...
...It is reported that Montupet wholly owned subsidiary of a French company of the same name has operated successfully in Dunmurry for 20 years, specializes in the manufacture of aluminium vehicle engine components for which it has contracts from a number of car manufacturers from across Europe...
... To significantly contribute to the growing automobile sales worldwide and to ensure a friendlier environment, the Qatar Automotive Gateway (Qatar Ag) is planning to build an automotive industry platform in the country by 2020...
...The Norwegian aluminum producer Hydro is investing close to $52 million to extend its Suzhou, China aluminum plant with two new aluminum extrusion presses. The aluminum company says that the extension will increase its ability to meet local demand for products and components in China...
... Aluminum Corporation of China ((Hereinafter referred to Chinalco) turned loss to profit, which was not due to aluminum plate business but other business. On January 19th, Chinalco announced that its business results in 2010 reached 2.7 billion Yuan of operation profit. ...
... US metals centers shipped 100,300 tons of aluminum products during December, or 26.7% more than during December 2009. Aluminum inventories at the end of the year totaled 2347,900 tons, 33.5% above the stockpiles of a year ago and equal to a 3.5 month supply of the metal at current shipping rates. ....
... Hydro is investing to extend its Suzhou plant with two new aluminium extrusion presses. The extension will increase the ability of the company to meet local demand for products and components in the largest downstream aluminium market in the world. ...
... Wisconsin Governor Scott Walker has announced that Skana Aluminum Co., based in Manitowoc, Wis., will receive a $650,000 ... Skana Aluminum Co. has initiated aluminum rolling mill production that converts raw material into finished coil products. The finished product will ....
... Aleris International, Inc. today broke ground for the construction of a state-of-the-art aluminum rolling mill in China's Zhenjiang City, Jiangsu Province that will produce semi-finished rolled aluminum products in a joint venture with Zhenjiang Dingsheng Aluminum Industries Joint-Stock Co., Ltd. Aleris will own an 81 percent equity interest in the venture, ...
... Aleris International, a Beachwood aluminum processing and recycling company, broke ground on its second plant in China. The plant should open in Zhenjiang City next year with an annual capacity of about 250,000 metric tons. Aleris already has a smaller aluminum extrusions plant in Tianjin, China. ...
... Over $200000 worth of aluminium tube pipes were stolen from a business establishment in the Freeport area, police reported ...
... Sustainability was at the top of the agenda at the 2nd Global Aluminium Foil Roller Conference held in Bangkok, Thailand, 12-14 January 2011, at the initiative of the European Aluminium Foil Association (EAFA). ...
...January 14, as a result of rapid growth of aluminum products production, uprising of aluminum products and a great number of key projects completed and commissioned, aluminum industry output value in Baise city reached 31.864 billion Yuan in 2010 with an increase of 71.94% YoY, which accounted for 57.88% of Baise total industrial output value...
...It is reported that Guangdong Dongyangguang Aluminum a producer of hydrophilic foils, formed foils and electronic aluminum foils predicts that its 2010 net income will surge by between 230% YoY and 280%YoY...
