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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Pavna Industries, under the astute leadership of Managing Director Swapnil Jain, is set to commission a state-of-the-art plant in Hosur, Tamil Nadu. This strategic move, with an initial investment of INR 50 crore, marks a significant milestone in the company's journey. The Hosur facility, scheduled...
AkzoNobel has established a sustainable innovation team dedicated to advancing sustainability initiatives within its industrial coatings division. The team will oversee a wide portfolio that encompasses aluminium packaging coatings, coil and extrusion coatings, wood finishes, and wood adhesives....
On Thursday, Bizongo, a B2B platform specialising in supply chain financing and integrated raw material procurement solutions, revealed its strategy to enhance its footprint in Rajasthan. The aim is to expedite the funding and streamline procurement processes for buyers in the aluminium and steel...
Raufoss Technology Canada unveils an $18 million investment initiative at its Boisbriand facility, signalling a strategic move to meet the escalating demand from North American electric vehicle manufacturers. With a focus on innovation and efficiency, the manufacturer is set to enhance its...
Founded in 1979, Delemar has been at the forefront of the Egyptian Aluminium industry, marking itself as a trailblazer since its inception. As part of the Delemar Industrial Group umbrella, which encompasses Delemar for Aluminium and DPG (Delemar for Processed Glass), the company has cemented its...
In April 2024, significant developments unfolded in the global aluminium industry, with one standout event taking centre stage: the United States and Britain took decisive action by prohibiting the London Metal Exchange (LME) from accepting new Russian production of aluminium, copper, and nickel....
Swisstek Aluminium's brilliance in management excellence continues to shine, as demonstrated by its recent triumph at the highly esteemed Best Management Practices Company Awards 2024. These annual awards, hosted by CPM Sri Lanka, are a pinnacle of prestige, celebrating organizations, both public...
A surge in demand for specialist metals and materials to support global R&D projects has seen Goodfellow hit a new export milestone. The majority of the company’s current revenue is now sent overseas to 60 different countries, and it plans to increase its revenue by 50 percent in the Iberian market...
AL Circle, the leading virtual ecosystem for the global aluminium industry, and Aluminium Federation (ALFED), the voice of the UK aluminium industry, are proud to announce their partnership to deliver a showcase of the UK sector for global aluminium industry professionals. In the ground-breaking...
Meilixin Technology and ZF Friedrichshafen AG inked a strategic cooperation pact on April 18th at Meilixin Modern Industrial Park. As per the agreement, both parties will enhance collaboration across various fronts, including technology research and development, process refinement, manufacturing,...
At the Seventh Member Representative Meeting of the Henan Nonferrous Aluminum Processing Association, Liu Jie, the General Manager of Mingtai Aluminum, was elected as the new President of the China-based association. Sixty-one representatives from 29 member enterprises actively participated in this...
Gränges, a leading provider of rolled aluminium materials based in Sweden, unveils its robust financial performance for the first quarter of 2024. Despite challenges, the company showcases resilience and strategic initiatives aimed at sustainability and growth. In the first quarter of 2024, Gränges...
Grain refiner specialist MQP has won a global business award for the second year running for its customer-centric shipping model across continents. The Midlands-based firm was presented with the Best Import/Export Award by broadcaster and presenter Stephen Mulhern at this year's BizX 2024 awards in...
The preliminary ruling by the U.S. government on an anti-dumping investigation concerning imported aluminium products has sparked concerns within the Korean industry. In response to this development, the Korean Ministry of Trade, Industry, and Energy (MOTIE) convened a countermeasures meeting with...
According to official data released on April 27, 2024, industrial profits in China fell short in March and showed reduced growth for the quarter compared to the preceding two months. This raises concerns about the robustness of the recovery in the world's second-largest economy. In the first...
The aluminium downstream sector plays a critical role in the processing and utilization of aluminium, a versatile and lightweight metal with a wide range of applications. In 2024, the forecast for the downstream aluminium sector presents a blend of challenges and opportunities. The looming...
Constellium, the Paris-based aluminium producer, navigated through the challenges of the first quarter of 2024, showcasing resilience amidst a backdrop of varied market demands and weather adversities. Despite a decline in shipments and revenue, the company's strategic investments and operational...
Economic research firm John Dunham and Associates has released its latest survey report, providing fascinating information about the market size and employment of the United States present aluminium industry. The study says the US aluminium industry directly employs more than 164,000 workers and...
