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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Kaiser Aluminum Corporation, an American aluminium producer specialising in semi-fabricated products, has announced its fourth quarter and full-year results for FY2023, whereby it has declared a stellar performance under the leadership of CEO Keith Harvey and CFO Neil West. The company’s financial...
Australia's largest extruder and distributor of industry-leading aluminium products, Capral, achieved full-year underlying earnings in 2023 that matched the previous year's record, surpassing guidance expectations. This accomplishment was propelled by the company's diversified industry presence and...
The Chhattisgarh government is determined to revive an aluminium park proposal, initially submitted in 2021, to support small-scale industries in Korba. About 140 hectares of land were required to develop the Park, but the plan was put on hold for the past few years. Recently, the newly-elected...
On February 22, the first big export consignment, consisting of aluminium coils from Southwest Aluminium (Group) Co., Ltd., reportedly embarked on a journey from the China-Singapore (Chongqing) Multimodal Transport Demonstration Base to the Port of Manzanillo in Mexico. The consignment comprised 31...
Senior, the renowned technology components manufacturer, clinched two pivotal contracts with Airbus SAS and Airbus Atlantic, reinforcing its stature as a reliable partner for major original equipment manufacturers. Senior proudly announced a multi-year contract extension with Airbus, focusing on...
Canalum, the National Chamber of the Aluminum Industry in Mexico, reaffirmed its support for the Ministry of Economy's efforts to defend the nation's aluminium industry against unfounded claims from the United States. The controversy revolves around the alleged lack of transparency and concerns...
Evtec Aluminium, a company currently in discussions for acquisition by Blackboxstocks , has recently welcomed three distinguished professionals to its board of directors. This strategic move coincides with Blackboxstocks' share price rise to $2.51, marking an impressive increase of 310.47 per cent...
The global leader in developing, manufacturing, and recycling aluminium products and solutions, Constellium, on February 21, 2024, reported results for the fourth quarter and full year ended December 31, 2023. Fourth quarter 2023 highlights: Shipments of 336 thousand tonnes, down 9 per cent...
AL Circle is excited to announce its 22nd edition of the upcoming e-magazine, " Aluminium Casting Industry: Focus 2024." As a premier platform dedicated to fostering collaboration and innovation within the aluminium sector, AL Circle is excited to bring together thought leaders, experts, and...
Novelis Inc., headquartered in Atlanta and a subsidiary of Hindalco Industries, has taken a significant step towards an initial public offering (IPO) by submitting a draft registration statement on Form F-1 to the Securities and Exchange Commission (SEC). This confidential submission pertains to...
A year ago today, HWI and Calderys were united under single ownership and became the Calderys Group. The new Group immediately began an exciting program to share technologies, transferring a selection of Calderys solutions in the Americas to HWI - a member of Calderys, and bringing a selection of...
Cecilia Daun Wennborg, currently serving on the boards of Getinge AB, Loomis AB, and Bravida Holding AB, among others, along with Mikael Bratt, who holds the positions of President, CEO, and board member at Autoliv Inc., have been nominated as prospective members of the Board of Directors. Their...
PA Resources, an aluminium extruder, has announced its acquisition of two industrial lands in Kuala Selangor. The purpose behind this acquisition, totalling RM21 million, is to construct a new factory, thereby expanding its production capacity. Malaysia-based PA Resources is an aluminium extruder...
To bolster UAE's industrial prowess, KEZAD Group and Automotive Precision Technology (APT), a subsidiary of Al Ghurair Group, have signed a lease agreement for a cutting-edge automotive aluminium component manufacturing facility. The 30,000 sq meters facility, set to operate by early 2025, will be...
On Saturday, February 17, a major fire erupted in a company situated at Kudalwadi near Chikhali, triggered by a furnace overheating. As per the reports, the company is known for manufacturing aluminium sulfate and magnesium sulfate dust. On the day of the accident, the workers had been loading...
Rose Aluminium, one of Ghana's most esteemed and enduring enterprises, has completed 30 years of quality production and services. Emerging from humble origins, Rose Aluminium Company Ltd, formerly known as Parkview Aluminium Ltd, has evolved from a modest local manufacturing firm into a renowned...
Since its inception in 2007, Bagaria Aluminum Alloys Private Limited (BAAPL Ltd.) has been a cornerstone in the secondary aluminium industry, specializing in processing over 1100 metric tonnes of secondary aluminium per month. The company has been successfully onboarded by AL Biz, the world's 1st...
The biggest company in the Austrian aluminium industry sector, AMAG Austria Metall AG demonstrated remarkable business performance in 2023, despite a challenging economic climate. The company achieved a revenue of EUR 1,459.2 million, accompanied by an impressive EBITDA of EUR 188.4 million,...
