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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... Crown Holdings, Inc. (NYSE: CCK) (Crown), a leading supplier of packaging products worldwide, announced today that it will build three new beverage can plants in China - one in Putian (Fujian Province), one in Foshan (Guangdong Province) and one in Ziyang (Sichuan Province)...
...Cable will implement a price increase on all aluminum alloy rod and strip products effective 1 November 2010. All quotes and bids will be priced at the new levels beginning Monday, 1 November 2010. All contractual obligations and pricing commitments in place for the balance of 2010 will be honored...
...Lanai Doors™ aluminum bifold door system obtained a DP-70 rating (165 mph winds) for non-water tight and DP-55 rating (148 mph winds) for water tight. This custom hurricane rated glass folding wall system will impact every wind-borne debris coastal region from the North East to the Gulf of Mexico and all of the Caribbean and Hawaiian Islands...
...This year's Aluminium 2010 event which recently concluded in Essen Germany received 17,200 visitors, up from the 2008 event of 16,886 visitors...
...Steel will remain the dominant material in the manufacture of cars even as environmental pressures lead to greater use of lightweight aluminium...
...GIA announces the release of a comprehensive global report on Aluminum Die-Castings market. The global market for Aluminum Die-Castings is forecast to reach 13.5 billion pounds by the year 2015. The increasing strength of aluminum die-castings in recent years is mostly traceable to automotive industry, which has experienced considerable growth in sales of motor vehicles such as cars and light-duty trucks...
...The future of the Middle East aluminum cable market remains "ambiguous" unless antidumping measures are put in place, according Wednesday to a senior executive at a Bahrain-based investment company...
...TaeChang Corporation which was established in 1979 as the vendor for Hyundai Motor Company produces 160 kinds of automotive body and chassis parts including aluminum ATV wheels, Gokart wheels, 3pcs wheel rims, 2pcs wheel rims and more...
...today released the industry's first surface-mount aluminum capacitors to combine an ultra-low impedance down to 0.035 ohms for better filtering with high ripple current to 1.75 A for higher reliability while offering more process flexibility by meeting the rigorous IPC/JEDEC J-STD-020 soldering standard for severe reflow conditions...
...Reuters reported that the global aluminium market is heading for another supply surplus this year and with demand falling short of expectations prices may fall to reflect this. But the downside potential is limited as such falls would soon lead to cutbacks by high cost producers...
...Novelis today announced that it will invest a further US$11.3 million to help meet growing demand for the aluminum sheet produced at its Sierre, Switzerland, rolling operation...
...According to a Monday announcement, Germany's largest aluminium concern generated sales of EUR 870.7 million between July 2009 and June 2010. The turnover figure came in at around 5.3% more than in the previous business year but still 22% less than in the company's record year of 2007 and 2008 when it booked sales of EUR 1.1 billion...
...His Royal Highness the Crown Prince and Deputy Supreme Commander of the Bahrain Defense Force, Prince Salman bin Hamad Al Khalifa will be the official patron of the 25th International Aluminium Conference which will be held from September 20th to 22nd 2010 at the Gulf Hotel Bahrain...
...His Royal Highness the Crown Prince and Deputy Supreme Commander of the Bahrain Defense Force, Prince Salman bin Hamad Al Khalifa will be the official patron of the 25th International Aluminium Conference which will be held from September 20th to 22nd 2010 at the Gulf Hotel Bahrain...
...Alba and Sapa have signed a three-year agreement to supply a significant quantity of extrusion billets to Sapa Profiles group in Europe...
...Alcan Extrusions and Automotive Structures has received a contract to supply 100km of aluminium power rail for a metro project in the Indian city of Bangalore...
...An interesting challenge presented itself for Alexandria Extrusion Company (AEC) – how to make its Alexandria, Minn., manufacturing facility (known as "one of the brightest facilities in the industry") more energy efficient when it comes to lighting? The answer: work with the U.S. Department of Energy's Save Energy Now initiative...
...Some of the more recent articles have focused on its efforts against the additional tax that Australia’s new government wants to impose on miners. Others highlight BHP’s recently launched, $39 billion takeover offer for the world’s largest producer of potash, Potash Corporation of Saskatchewan (NYSE: POT)...
