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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Conexus Resources Group, headquartered in the UK, has officially opened a cutting-edge aluminium rod plant in Bahrain with a substantial investment of $100 million. Konexus Aluminium, the newly established company, will be pivotal in processing liquid aluminium sourced from Bahrain's national...
In a significant development for the aluminium and aluminium foil equipment sector, Floreani & Partners , a distinguished Italian manufacturing company, has joined AL Biz, the world's 1st B2B online marketplace that connects millions of buyers and sellers across the entire aluminium value chain....
AMAG Austria Metall AG and Audi have partnered for almost two decades. The close cooperation was further augmented with the signing of the largest contract in AMAG's history to date. This contract secures the procurement for Audi of premium aluminium from Ranshofen. As part of this large-scale...
Italian inflation experienced only a marginal decrease in December. The momentum in the energy sector persists, and it is anticipated that the impact of discontinuing favourable administrative measures will soon be evident, causing headline inflation to slightly exceed the 2 per cent ceiling, as...
The downstream aluminium sector has been a witness to major developments this week. To begin with, SRF Ltd committed INR 536 crore towards establishing SRF Altech Limited, a dedicated subsidiary focused on producing aluminium foil. This strategic decision aligns with SRF's broader goals of...
In a strategic turn of events, PGT Innovations Inc. (PGTI.N), renowned for its prowess in aluminium doors and windows, has received an unexpected buyout proposal from Miter Brands. This development comes just weeks after PGTI inked a $3 billion deal with Masonite International (DOOR.N). Miter...
On December 26th, a momentous signing ceremony occurred between China-based Xingxian Economic Development Zone and Shanghai Xinying Chain Management Co., Ltd., marking the commencement of a transformative project focused on producing 150,000 tonnes of new energy automobile parts and aluminium...
Rocal, a leading manufacturer of composite doors and specialist PVC-U products has completed the acquisition of BDC Aluminium, a notable player in the fenestration sector. Rocal, the Brigg-based company known for its renowned brands such as Endurance Doors, Impressions Door Panels, and Rocal...
Constellium, a global leader in developing innovative, value-added aluminium products, will be showcasing its latest aluminium automotive structures at CES 2024 in Las Vegas from January 9 to 12. The company, renowned for its advanced lightweight aluminium automotive components, will highlight its...
Shanghai AIYIA Industrial Co., Ltd. stands as a distinguished supplier of metal raw materials, specialising in providing high-quality aluminium coils, sheets, and ACP. Situated in Shanghai, the economic heart of China, the company boasts a comprehensive range of steel and aluminium products that...
According to a report on January 4, 2024, Henan Mintai Aluminum Industrial successfully sold 106,200 tonnes of aluminium sheet with foil in December 2023. The news came after the company said in a Thursday disclosure. In the same month, Henan Mintai Aluminum produced 109,500 tonnes of the material....
Recently, the China Invention Association announced the winners of the "2023 Annual Invention Innovation Award". Among the participating units was Xingfa Aluminum, which successfully completed the scientific research project titled "New Energy Vehicle Lightweight Parts Efficient Intelligent Design...
Park-Ohio Holdings Corp., an international company providing strategic services and products that allow the world’s leading manufacturers to streamline their manufacturing processes, announced on January 3 that it completed the sale of its aluminium products business, effective December 29, 2023....
China's Ministry of Science and Technology has declared the approval of the "new ultra-high strength and toughness fatigue and damage resistance aviation aluminium alloy sheet key technology" project, which the Chinalco Materials Institute led. This is the only critical project led by the...
The Ministries of Mines, Steel, and the Department for Promotion of Industry and Internal Trade (DPIIT) have planned to set up an internal monitoring mechanism to ensure additional tariff-free aluminium and steel product exports to the United States. Earlier, Indian export of aluminium and steel...
SRF Ltd has invested INR 536 crore in establishing SRF Altech Limited, a subsidiary dedicated to manufacturing aluminium foil. This strategic move aligns with SRF's broader initiatives for diversification and growth within the aluminium industry. The commissioning of the facility underscores SRF's...
The Capital Market Authority (CMA) has reportedly approved the initial public offering (IPO) of Altaiseer Group Talco Industrial Company, popularly known as AL Taiseer Aluminium Company or TALCO. As per the report, TALCO will list 12 million shares, which account for 30 per cent of its share...
According to the Algerian ambassador to Malaysia, Abdelhafid Bounour, Lion Group plans to invest around US$ 6 billion (RM27.5 billion) in Algeria in alliance with Algeria's strategic vision of becoming the gateway to Africa and beyond. Lion Group is a Malaysian conglomerate that operates in various...
