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...
Grow with
AL Circle
... The rise of car production is positive for Aluminium, but as said in the report the overall inventory cycle is increasing and the demand from the end user is expected to shrink making Aluminium trade with lackluster sentiments. ...
... Quaker Chemical Corp. said Friday it has acquired an aluminum hot rolling oil business from Houghton International in a move to expand its primary metals business....
... The Aluminum Association and the Aluminum Extruders Council (AEC) have recently unveiled details for Aluminum Week,... scheduled to take place September 20 to 23, 2010 at the Hyatt Regency O'Hare in Rosemont, Illinois and will feature collocated events, including the Aluminum Association Annual Meeting ...
...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...
...An engaging priority of car makers worldwide is to go on reducing vehicle weight so that fuel consumption is brought down. The goal is environment protection. One way to go about the task is to seek substitution of steel by lighter weight aluminium, which has also other qualities absent in the ferrous metal. The more expensive vehicles already have their bonnets made in aluminium...
...LONDON, July 19 -- Consumption of aluminium in cars has big growth potential in Europe as the drive to cut fuel costs and emissions encourages more car makers to opt for the light metal, a British-based car firm said...
...U.S. Aluminum Inc., which makes rain gutter accessories, is moving its Brookfield office and Milwaukee production facility to a new location in New Berlin...
...The blue chip stocks began their earnings parade on Monday, with aluminum manufacturer Alcoa leading the pack...
... LONDON, July 14 (Reuters) - Demand for aluminium products for use by the auto and aerospace industries in Europe is healthy, Steve Hardcastle, head of client services at Sucden Financial said on Wednesday...
...The VHE Semi-Automatic Casting Machine pours molten iron to seal rod stubs into carbon anode blocks...
...ATLANTA, July 12 /PRNewswire/ -- Novelis Inc., the world's leading producer of aluminum rolled products, announced today that the Superior Court of Fulton County, Georgia, has dismissed a lawsuit filed against the company by Coca-Cola Bottler's Sales and Services Company LLC (CCBSS)...
... Meanwhile, our mid- and downstream businesses continue to improve ..... for Orkla ASA's 50% stake in the Elkem Aluminium ANS joint venture, ...
...Aluminium foil is widely used in many fields. Experts divided it into more than 20 categories in accordance with its application characteristics. As different economic levels of different countries, aluminium foil structures are varied.
...Alcan Cable, part of Alcan Engineered Products - a business unit of Rio Tinto - unveiled today its new STABILOY(R) FeederPlex HS(TM) XHHW-2 and STABILOY(R) WIDESTRIPE HS(TM) XHHW-2 aluminum alloy
...Himfr reports that China is a super-producer of air conditioners, with total annual demand of more than 80 million units. It is expected that aluminium will replace copper market capacity on behalf of more than 20 billion yuan.
...Siemens Limited China has received an order from Luoyang Longding Alu Co., Ltd., a Chinese company, to supply 26 Siroll ALU TCS process automation systems for its new aluminum rolling mill. The project also includes the first order for new Siroll Heavy Duty Shapemeter flatness measurement systems.
...uperior Industries International, Inc. (NYSE:SUP) today announced it has acquired 8.7% of the outstanding shares of privately-owned SYNERGIES Castings Limited, an aluminum wheel manufacturer in Visakhapatnam, India.
...a leading producer of specialty chemicals, has launched Permatreat RPT 1903 for the chemical treatment for aluminum can ends that will be a major contributor in making the manufacturing process of cans easier and more cost-effective versus traditional systems.
