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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Nov 20, 2009...Aluminium scrap prices rose in Europe on Friday placing increased pressure on ingot producers as they contend with reduced demand ahead of the year end...
Nov 25, 2009...Aluminium scrap will be in short supply in Europe in 2010, according to speakers and delegates at MB’s 17th International Recycled Aluminium Conference in Bilbao on Tuesday. “In 2010, there clearly will be some shortage of scrap, particularly as demand increases and in particular on high grade scrap...
Nov 11, 2009...Prices of the purer grades of aluminium scrap increased on Wednesday on the back of movements on the London Metal Exchange and primary consumer demand. Group 1 pure 99% min (baled) and group 1 litho (baled) increased to £980-1,030 per tonne from £950-1,000 ($1,574-1,657) per tonne previously.
7 Nov, 2009...Noranda Aluminum Holding Corporation announced the following preliminary financial results for the Q3 of 2009
Nov 7, 2009 ... Downstream revenues were USD 110 million in Q3 2009. ... of locked in value from offsetting fixed price aluminum sales and purchase swaps. ...
Nov 4, 2009 ... The future of aluminium import taxes in Europe is the subject of ... Face calculates downstream consumers in the EU pay around $150-200 per tonne more for billet than their competitors elsewhere. ... Iron & Steel Prices ...
Nov 3, 2009...Recently, the Lizhong Huomei Wheel Manufacturing Co., Ltd. put its first phase of aluminum wheels project into practise, which cut the cost of production as well as fully realize the advantages of the coal, electricity, aluminum resources.
Oct 13, 2009 ... In addition, the global consumption of aluminium products, both upstream and downstream , ... This is expected to trigger aluminium demand with the recovery ... Our new research report "US Aluminium Market Analysis" is an ...
Sep 21, 2009 ... Mr Naveen Patnaik said that establishment of the aluminium park would help entrepreneurs to set up downstream industries near the NALCO's ...
Oct 6, 2009 ... Growth in demand mainly arises from the demand of downstream application ... Development 3.2.2.3 Aluminum Industry Development 3.2.2.4 Glass ...
Oct 15, 2009 ... The report said that the global demand for aluminum is expected to be at ... economies to invest in aluminum downstream industries which can ...
Oct 1, 2009 ... Gandhinagar based aluminium rolled products manufacturer Gujarat Foils Ltd is ... up a backward integration project with an investment of INR 350 crore. ... Therefore, we find a huge opportunity in downstream products, ...
Oct 12, 2009 ... Vedanta to set up downstream Aluminium park at Jharsuguda ... Zambian Vedanta unit starts new copper project ...
Oct 19, 2009 ... Its portfolio consists of seven downstream businesses: aerospace, non commodity aluminium rolled products, aluminium extrusions, cable, ...
Oct 11, 2009...Vedanta Aluminium to set up downstream park,China aluminium network--Featured products display can provide various aluminium products for ...
Oct 5, 2009 ... Vedanta to set up downstream Aluminium park at Jharsuguda ... Zambian Vedanta unit starts new copper project ...
Oct 5, 2009 ... Its portfolio consists of seven downstream businesses: aerospace, non commodity aluminium rolled products, aluminium extrusions, cable, ...
Sep 28, 2009...JVM Castings has secured a deal with Jaguar Land Rover to supply the auto manufacturer with a new type of primary-grade aluminium alloy and will seek to extend its business in 2010. “The team is committed to expanding the programme in 2010 and will be seeking to involve other UK-based parties...
