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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Sep 17, 2009 ... The downstream sector consumes 12 million metric tons of aluminum products a year and employ over 80% of the people in the E.U. aluminum ...
Sep 23, 2009 ... inroads into divesting the downstream assets acquired with Alcan ... in the Ningxia aluminium smelter in China for USD 125 million, ...
Sep 29, 2009 ... Gujarat Foils Ltd (GFL), the Gandhinagar-based aluminium rolled products ... to set up a backward integration project with an investment of Rs 350 crore. ... Therefore, we find a huge opportunity in downstream products, ...
Sep 22, 2009...Panasonic Electronic Devices Corp. of America will close its Knoxville, Tenn., aluminum foil plant by the end of the first quarter of 2010 due to declining demand and global consolidation efforts by Japanese parent company Panasonic Corp.
Sep 15, 2009 ... LN) aluminium business will continue to remain focused on the production of ... known as the downstream part of the production chain. ...
Sep 15, 2009 ... Rio Tinto has taken the first step in divesting its downstream Alcan ... Rio Tinto Alcan will remain a key supplier of aluminium rod and.
Sep 11, 2009...The Aluminum Association issued the following statement regarding Mitsubishi Heavy Industries’ decision to replace carbon fiber with aluminum in the wings of its new Regional Jet...
Aug 21, 2009...he aluminum flat rolled products market is appearing to go its own sweet way...
Aug 08, 2009..Aluminium extrusion maker Century Extrusions Ltd plans to set up a plant in Kharagpur to make value-added products...
07 Sep, 2009...Lanka Iinfo cited Mr Pramuk K Dediwela group GM of Alumex as saying that the Alumex Group, a leading manufacturer of aluminium extrusions...
Jul 28, 2009 ... Chalco sees aluminium price up to USD 2300 per tonne rest of year ... slump in demand for aluminum from downstream industries including the ...
Nov 11, 2008 ... The project , involving a capital investment of around USD 325 million, is one of half a dozen aluminum based downstream ventures promoted by ...
Mar 5, 2009 ... Production adjustments in Aluminium Products will reduce manning by 2200 ... and restructure our upstream and downstream aluminium business; ...
Aug 3, 2009 ... Copper and aluminum soared to multi month highs on LME on Friday, .... faltering demand of downstream products, tight credit and monsoon. ...
Aug 28, 2009 ... The portfolio consists of seven downstream businesses: aerospace, non commodity aluminium rolled products, aluminium extrusions, cable, ...
Jan 7, 2008 ... Due to its benefit, the aluminium industry will shine in future. The global consumption of aluminium products, both upstream and downstream , ...
Aug 14, 2008 ... Aasheim to head Aluminium Metal in Hydro ... continued ability to reposition and restructure our upstream and downstream aluminium business; ...
Oct 18, 2007 ... It continues to invest in downstream aluminium processing. But Xiao said an end to discounted power tariffs for smelters after this year ...
