In recent weeks, the domestic spot aluminium ingot market has exhibited notable regional divergence. While basis levels in East China and the Central Plains have remained relatively stable, the South China market has seen its aluminium ingot basis strengthen independently to a year-to-date high....
SuperAlloy Industrial is pushing into semiconductor equipment components as it seeks to build a second growth engine alongside its established automotive wheel business, with customer validation of aluminium chamber components now under way. The Taiwanese aluminium manufacturer reported...
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JSW Steel has introduced an innovative product named Magsure, a zinc-magnesium-aluminium alloy-coated steel. This specialised steel is designed for use in highly corrosive environments. It is ideal for various applications, including steel structures in solar installations, silos, guard rails, and...
Novelis Inc., an American industrial aluminium company and an independent subsidiary of Hindalco Industries Limited, reportedly aims to raise $945 million in a US IPO by selling 45 million shares for $18-21 each. This IPO may even generate $1.08 billion of capital for Novelis if the green shoe...
Rico Auto Industries, a distinguished Gurugram-based supplier of machined components and assemblies, specialising in aluminium and ferrous materials, is making strategic moves to bolster its future growth. Recently, the company secured a leasehold of 12.31 acres at the SIPCOT Industrial Park in...
Austria's IMR Metal Powder Technologies and US-based KBM Advanced Materials have joined forces to sell and distribute IMR's aluminium metal powders for additive manufacturing (AM). Through KBM's unique metal powder marketplace and extensive distribution network in North America (NA), IMR's...
Aluminium is crucial in various industries, including mobility and transportation, construction and buildings, packaging, aerospace, and defence. It is integral to nearly all energy generation, transmission, and storage technology facets. Sandvik Coromant, a global leader in metal cutting tools and...
In the rapidly evolving automotive industry, securing robust and reliable supply chains has become paramount, especially amidst rising geopolitical tensions. Tesla, the pioneer in electric vehicle (EV) innovation, is proactively addressing these concerns by reshaping its supply chain strategies. As...
In a bold move to protect domestic industries, the United States recently imposed substantial tariffs on a wide range of imports from China. This decisive action has sent ripples through the global trade landscape, prompting other nations to consider similar protective measures. CareEdge Ratings, a...
On May 23, 2024, the technology leader in electrification and automation, ABB, announced key leadership changes effective August 1, 2024. Giampiero Frisio has been appointed the new President of the Electrification Business Area, while Brandon Spencer will assume the President of the Motion...
Wheels India has earmarked a capital budget of INR 200 crore for the current financial year. This significant investment is aimed at enhancing their offload tractor, fabrication, and machining capacity for cast aluminium sections used in windmill castings. This move highlights Wheels India's...
According to official figures released by the National Institute of Statistics, Cameroon in Africa exported 3,011 tonnes of aluminium sheets in 2023 and collected CFA6.6 billion. On a year-on-year calculation, the export volume from Cameroon surged by 90.8 per cent from 1,578 tonnes, resulting in...
On May 14, 2024, in line with Guizhou Gui Aluminium New Materials’ safety production standardisation establishment arrangement, a team of five evaluators from the Qingzhen Emergency Management Bureau conducted an on-site assessment. Following a thorough review, Guizhou Gui Aluminium New Materials...
According to a recent report, Dr Hyeon-woo Son and his research team from the Department of Aluminum in the Advanced Metals Division at KIMS have unveiled an aluminium alloy specially made to improve the thermal stability of electric vehicles. They adopted a new mechanism for the alloy production...
The state of Washington has allocated nearly $5 million to the Kaiser Aluminum plant in Spokane Valley to aid in replacing two outdated steam boilers. This initiative, under the Climate Commitment Act, aims to substantially reduce the plant's greenhouse gas emissions, marking a noteworthy step in...
On May 11th, a significant development took place as the China Securities Regulatory Commission (CSRC) granted approval for Ningbo Xusheng Group Co., Ltd.'s registration of convertible bonds with an undisclosed issuer. This endorsement by the CSRC paves the way for Xusheng Group's convertible bonds...
The 3003 aluminium plate, a standout rust-proof material, finds widespread use in diverse applications. Its strength, though not exceptional (marginally higher than industrial pure aluminium), is not amenable to enhancement through heat treatment. Instead, its mechanical properties are elevated...
SAG México, a prominent Tier 1 supplier of lightweight components for original equipment manufacturers (OEMs) in North America, operates two advanced production facilities in Tlalnepantla and Monterrey, employing over 470 skilled professionals. In response to rising demand, SAG México has secured...
Shandong Xintong Aluminum Technology Co., Ltd. stands at the forefront of the aluminium industry and is distinguished by its specialisation in producing top-tier aluminium products. In a significant move towards furthering its commitment to excellence, Shandong Xintong Aluminum recently joined the...
WinTech of Missouri, a producer of construction industry materials, has acquired Pocahontas Aluminum Company, a window and door manufacturer located in Pocahontas. Established in 1963, Pocahontas Aluminum Company produces materials for various industries, including modular homes, food trucks, and...
