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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...The marketing research contains actual information about the market of aluminium profiles as of May 2010. The purpose of the market research is to describe the situation on the Russian market of aliminium profiles, to provide relevant information on the volume of production, exports, imports, consumption and market conditions, as well as of the changes that occurred in 2009...
...The all-new wheels of the 2011 Ford Edge, on their own, tell a story about the popular midsize crossover's new, bolder exterior look. Like Edge itself, the new wheel choices are more engaging and expressive. Straight intersections are replaced by flowing, harmonious lines that convey a greater sense of style...
...Quaker Chemical Corporation (NYSE: KWR) announced today that it has acquired D.A. Stuart's U.S. aluminum hot rolling oil business from Houghton International, including the rights to sell the product portfolio internationally...
... Misumi USA, Inc., a subsidiary of Misumi Corporation, part of Misumi Group, Inc. (Tokyo: 9962) and a leading provider of fixed and configurable mechanical components for machine building and factory automation systems, recently introduced its new line of Factory Frame Systems, and has added a Stainless Steel Pipe System to its existing family of versatile metal pipe systems...
... Alcoa’s Kawneer architectural aluminum building and construction products business and the American Institute of Architecture Students (AIAS) invite architecture and design students to participate in the 2010 national student design competition...
...Manufactured to any size and level of automation, FZ Aluminum Milling Machine employs heavy-duty SPL milling head with integrated clutches to clamp axis positions for aluminum and rapid prototyping. Gearless and absolutely rigid torque motor drives C axis...
...Alcoa Wheels today launched Version 2.0 of its innovative CalcuLighter(TM), the easy to use on-line tool designed to provide commercial vehicle fleet managers and owner-operators the kind of detailed information they need when making wheel buying decisions to lower operating costs, improve productivity and reduce greenhouse gases...
...New Delhi: Vedanta Group firm Sterlite Industries on Monday disclosed that the excise department has slapped a tax notice of about Rs324 crore on the company, and charged it with violating several rules...
...The Aluminum Corp. of China Ltd. (SSE:601600; SEHK:2600), or Chalco, said Wednesday it plans to set up a 50-50 joint venture with Swedish aluminum extrusion company Sapa AB to produce railway parts in China, after China said it plans to expand the country's high-speed railway network...
...Sudal Industries announced that the third hot -top casting facility of billets has been installed and after trial runs, initial production for captive consumption is commenced...
...Alcan Global Aerospace Transportation and Industry (Alcan Global ATI), part of Alcan Engineered Products - a business unit of Rio Tinto - announced today that employees represented by United Steelworkers (USW) Local 5668 at its aluminum rolling mill in Ravenswood, West Virginia, have ratified a new two-year agreement. The Company continued to operate throughout the negotiations and contract extensions, and looks forward to implementing the new Collective Bargaining Agreement...
...India’s government may allow National Aluminium Co. to issue free shares and split the stock to boost liquidity, the Financial Chronicle reported, citing a mines ministry official it didn’t identify. The state-owned metals producer prefers a stock split to selling a stake in the company, the newspaper said...
...The annual value and volume of strategic raw materials imported by Dubai Aluminium Company Limited (Dubal) through Jebel Ali Port reached record levels in 2009, boosted largely by the procurement of materials for Emirates Aluminium Company Limited PJSC (Emal) — the high-tech green-field aluminium smelter development in Al Taweelah, Abu Dhabi, in which Dubal holds a 50% share and where Phase I is currently in ramp-up stage...
...Aluminium giant Alcoa today announced it was refinancing some of its debt through the issue of $US1 billion in notes due in August 2020...
...In line with expectations, aluminium semifabricator Hulamin on Monday reported headline earnings of R26,5-million for the six months ended June 30, 2010, up marginally on the R25,3-million earned in the first half of 2009...
...Vedanta Aluminium Limited, has been awarded the prestigious "The Financial Express – Emergent Venture India (FE_EVI) Green Business Leadership Award" in Mining and Metal Industry in the environment segment...
...Aluminum manufacturer Alcoa Inc. said on Friday it would pay a dividend of 3 cents on Aug. 25 to shareholders of record on Aug. 6...
...It’s hard to find a mining and metals company that has experienced a tougher two years than Alcoa (NYSE: AA). With economic factors pushing and tugging at it, including a 60 percent drop in aluminum prices, the company’s shares have tumbled from the $30s to the around $10. That should draw investor attention to the venerable Pittsburgh company...
