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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... Harbin Dongqing Metal Material Sales CO.,Ltd is mainly engaged in aluminum, aluminium sheet, strip, foil, tube, rod, profile, wire, forgings, power and other products, totally 18 kinds, 236 kinds of alloy, more than 3000 products and aluminum sheet imported for building ships. ...
... The government is also cutting duties on alloy and non- alloy aluminum wire to 3 percent and it is removing an exception for aluminum products such as tubes and will increase import taxes to as much as 5 percent, the Mexican Economy Ministry said yesterday in the Nation’s official gazette. The decree takes effect today. Three-month aluminum on the London Metal Exchange has gained 19 percent in the past four months. It traded at $2,455 a ton today. ...
... In the first 11 months of 2010, China motor vehicle output and sales were 16.4001 million and 16.3954 million respectively, up by 33.71% and 34.05% year on year. ... The rise in automobile sales is helpful for Aluminium. A major portion of Aluminium goes in making of automobiles. MCX Aluminium is trading at Rs 110.6 per kg, the markets closed at Rs 110.3 per kg last night. ...
... In the first 11 months of 2010, China motor vehicle output and sales were 16.4001 million and 16.3954 million respectively, up by 33.71% and 34.05% year on year. ... The rise in automobile sales is helpful for Aluminium. A major portion of Aluminium goes in making of automobiles. MCX Aluminium is trading at Rs 110.6 per kg, the markets closed at Rs 110.3 per kg last night. ...
... Japan Aluminium Association said the country shipments of rolled-aluminum products increased at the fastest pace in three months in November led by demand from China and other Asian countries. ... domestic and export markets climbed 11% to 183,613 tonnes in November from 164,859 tonnes a year earlier. ...
... The Shanghai Futures Exchange started a pilot program on December 24 which allowed copper and aluminum at bonded warehouses at Shanghai's Yangshan port to be delivered against futures contracts, reports shfinancialnews.com. ...
... (China Aluminum Network) Recently Yunnan Aluminum Runxin Aluminum Co.,Ltd started building of its aluminum alloy project with annual output of 100,000 tons in Honghe(red river) Industrial Zone, which marked that the company had taken a historic pace into the integration of raw materials and deep-processing. ...
... Someone broke into a local business over the weekend and reportedly took more than $7,000 worth of aluminum components, ... business, 3711 NW 27th Ave., and removed several pieces of equipment, including aluminum wire and braces, according to reports. ...
... Jiangsu Alcha Aluminum parent, Changshu Aluminum Foil Factory cut its holdings in the listed company by 1.01 million shares or a 0.6% stake on December 22. The target shares were sold at CNY 16 per share. The transaction was valued at CNY 16.23 million. ...
... London Stock Exchange listing for a physically-backed aluminium exchange traded product to give investors exposure to the metal used in transport and packaging. The ETP would allow investors to invest in aluminium without repeatedly rolling forward contracts on the London Metal Exchange. ...
... Greek Company ISAKOS Soft a world leading specialists in aluminum will soon build an aluminum processing plant in Pointe Noire, ... ISAKOS Soft has perfect control of aluminum products and also includes the establishment and organization of processing plants and aluminum-based painting plants. ...
...Aluminum door based, extended products show diversification. Currently quite many aluminum door companies have developed to a certain degree and single aluminum doors cant meet market demand. A lot of aluminum door enterprises don’t only produce single products but extended their products to certain diversification...
...Huanggang Fushida Aluminum Co.,Ltd has a long history of manufacturing aluminum alloy profile. The products have passed ISO9001 Quality Management System Certification and ISO14001 Environmental Management System Certification, which showed that Fushida aluminum profile are all qualified in terms of quality and environmental protection...
...Credit Suisse (CSGN.VX: Quote) is seeking a London Stock Exchange listing for a physically-backed aluminium exchange traded product (ETP) to give investors exposure to the metal used in transport and packaging, one source said on Thursday...
...Now the downstream has received many orders, mainly including electronics and packaging products”, president of Asia Aluminum Zhong Dongpin told reporter. Presently the company is also contacting high-speed rail companies. “Asia Aluminum is transforming into high-end enterprise...
...The 2003 musical theater creation by Ilan Azriel will showcase dance, puppetry and illusion, and its new tour will be launched at 7:30 p.m. Jan. 7, and at 2 p.m. and 7:30 p.m. Jan. 8, at the Lubbock Memorial Civic Center Theatre, 1501 Mac Davis Lane...
...After a lengthy negotiation period, Alcoa employees will get a 4 per cent increase on their base salary under a new enterprise bargaining agreement...
...Abu Dhabi, 22 December, 2010: Twenty-five Emirati trainees have successfully graduated from Emirates AluminiumEmirates Aluminium ..
