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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Vista Metals has recently completed the construction of its seventh aluminium casthouse at Adairsville, Georgia. This achievement marks a pivotal point in the company's extensive $100 million long-term capital strategy and constitutes the second phase of the initiative. The newly established...
Mexico has reportedly lifted tariffs on aluminium imports from certain countries that do not have sufficient supplies. As per the report, Mexico has revoked a 35 per cent tariff on primary unalloyed aluminium and a 20 per cent tariff on primary alloy that were placed in late April to check imports...
According to a Bloomberg report on Wednesday, May 8, Hindalco Industries Limited is seeking about $1.2 billion in the initial public offering of its US-based unit Novelis. The aim is to list Novelis on the New York Stock Exchange by September 2024. Hindalco, one of India’s largest aluminium...
Wisconsin Aluminum Foundry (WAF) has begun new chapter of expansion with the acquisition of ATEK Metal Technologies, an esteemed Iowa-based aluminium castings manufacturer. This acquisition not only signifies growth but also embodies a nostalgic return to roots, intertwining the legacies of both...
Step into the world of precision-crafted aluminium profiles with Darshan Extrusions Pvt. Ltd. Established in 2013, this renowned manufacturer and wholesaler has been shaping the industry landscape with their commitment to quality and innovation. At Darshan Extrusions, quality is not just a promise...
Shandong Hongcan Material Technology Co., Ltd., the subsidiary of China Hongqiao Group, one of the world's largest aluminium producers covering the entire aluminium industry chain, stands at the forefront of innovation and efficiency in China's manufacturing sector. This pioneering company is...
In an intriguing advancement aimed at consolidating its foothold in the emerging aluminium component manufacturing landscape, Craftsman Automation recently announced its acquisition of the residual 24% stake in DR Axion India (DRAIPL). This acquisition, following Craftsman's previous purchase of...
The Central Board of Indirect Taxes and Customs (CBIC) has levied anti-dumping duty on aluminium road wheels imported from China. This action follows a review initiated by the designated authority, as outlined in notification number 7/13/2023-DGTR dated 30th September 2023, published in the Gazette...
China and other nations' concerted efforts to undermine American industries are widespread and widely acknowledged. Now, they have set their sights on a new target in Georgia: manufacturers specialising in extruded aluminium. This perspective comes from Brook Massey, President of MI Metals, Inc. in...
Chinese scientists have pioneered a superlative aluminium alloy capable of withstanding extreme temperatures, heralding a new era in aerospace engineering. This remarkable achievement addresses a longstanding challenge, expanding the operational range of aluminium alloys to unprecedented heights....
Alfiniti Inc. has made a significant stride in solidifying its position as a premier provider in the aluminium tube industry with the recent acquisition of Alabama Tube Corporation. This strategic move underscores Alfiniti's commitment to diversifying its product line and enhancing its capabilities...
On Monday, a tragic fire incident occurred at a unit supplying raw materials to fireworks factories in Sengamalapatti near Sivakasi, Virudhunagar district, Tamil Nadu. Owned by R Chinnakaruppu, the unit saw five workers sustain critical injuries while producing aluminium powder from sheets, an...
Novelis Inc., the premier manufacturer of flat-rolled aluminum goods and the globe's largest recycling company, disclosed its financial performance for the fourth quarter and fiscal year 2023-24 on May 6, 2024. The company highlighted that its results were predominantly bolstered by the advantages...
Switzerland-based GF Casting Solutions has unveiled plans to invest over $184 million in a cutting-edge manufacturing facility in Augusta, Georgia. This announcement marks the third major development in Augusta-Richmond County within the past fortnight, following Syensqo and StandardAero. The new...
Press Metal Aluminium Holdings Bhd’s extrusion plant in China has reportedly started supplying aluminium battery casings and car bumpers to vehicle manufacturers in the mainland. The news came after Tan Sri Koon Poh Keong, Press Metal’s chief executive officer, announced it officially. He also...
On May 2, 2024, the US Department of Commerce released a preliminary list of aluminium extrusion producers and exporters who sold their products at less than legitimate value in the United States. Those producers and exporters are primarily from China, Colombia, Ecuador, India, Indonesia, Italy,...
Embarking on a transformative journey towards sustainability, Dongyangguang prepares to inaugurate its inspirational low-carbon, high-end battery aluminium foil project. Set to redefine industry standards; this endeavour emphasises the fusion of innovation and eco-consciousness in modern...
AMAG Austria Metall AG, a producer and supplier of primary aluminium, premium cast, and rolled aluminium products, announced that it entered into a long-term power purchase agreement (PPA) with ImWind, a wind power pioneer from Lower Austria. As per the agreement signed, AMAG will secure green...
