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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According to the Shanghai Metals Market survey, China's aluminium semis exports in November 2023 hit 452,000 tonnes, reflecting a month-on-month rise of 6.5 per cent and a year-on-year increase of 4.03 per cent. However, the country's total exports of aluminium semis from January to November...
Established in 2009, Dongguan Zhonghui Precision Die Casting Technology Company ( ZH Industry ) is a specialised firm that offers bespoke precision aluminium and zinc alloy die-casting services. With over 15 years of experience, the ZH Industry is known for providing rich experience with a...
The initial purpose of establishing the Future Aluminium Forum was to delve into the revolutionary influence of digital technologies on the processes involved in aluminium manufacturing. With the upcoming edition set to take place in Istanbul, the organisers will unravel the possibilities for...
BD Thai Aluminium, a publicly listed company in Bangladesh, witnessed a significant influx of 82 per cent in its share price within a month despite the company incurring a loss in the last fiscal year. The company's revenue also dropped by 20 per cent YoY to Tk93 crore in the fiscal 2022-23, and it...
TriAlCo, a leader in aluminium manufacturing in North America, and FEHRMANN, a renowned aluminium alloy innovator, have taken a significant step towards international expansion through a groundbreaking partnership. The President of TriAlCo, Jay Armstrong, and the Chairman and CEO of FEHRMANN Tech...
Sunview Group Bhd, a key player in the renewable energy sector, has announced that its wholly-owned subsidiary, Vafe System Sdn Bhd, has increased its stake in Winstar Aluminium Manufacturing Sdn Bhd to 30 per cent. This expansion involves the acquisition of a 10 per cent share from Mestron...
This week, the downstream sector of the aluminium industry witnessed a lot of significant updates. To begin with, starting in 2027, the United Kingdom will levy a carbon border tax on imports of critical industrial resources such as aluminium, iron, steel, ceramics, and cement. Another important...
Henan Zhongzhou Aluminium, one of the prominent manufacturers of aluminium alloy plates and coils in Series 1xxx, Series 3xxx, and Series 5xxx, was honoured with the pilot enterprise of industrial wastewater recycling 2023 in Henan Province. The China-based company is the only aluminium-related...
On December 19, the European Union announced that it would extend the suspension of its rebalancing tariffs on US products until March 31, 2025. This decision comes in return as the United States also prolongs the suspension of its tariffs on the EU, considering the historical trade volumes...
China-based Shandong Hongcan Material Technology initiated the first production stage for its large-scale, lightweight, integrated aluminium die-casting project. With a total investment of RMB 1.7 billion and a capacity to produce 3 million pieces annually of 8 different kinds of precision...
The United Kingdom is set to introduce a carbon border tax starting in 2027 for imports of key industrial materials, including aluminium, iron, steel, ceramics, and cement. This initiative mirrors the European Union's approach and aims to factor in the carbon emissions linked to manufacturing...
On December 19, 2023, the European Union prolonged its trade truce with the United States for an additional 15 months. This extension averts the automatic imposition of tariffs on trans-Atlantic trade valued in billions of euros, which would have otherwise taken effect on January 1, 2024. EU, US...
The establishment of Hindalco's battery foil manufacturing unit in Odisha might be the motivation behind C4V's forging of a contract with one of the largest aluminium manufacturers in India. This partnership will enhance trade relations between the companies, ensuring an uninterrupted flow of...
The State Intellectual Property Office has recently issued a notice declaring the identification of a brand new round of national intellectual property demonstration enterprises and advantageous enterprises for the year 2023. As per the review process conducted, Huajian Aluminium has been...
Lippert Components Manufacturing, a subsidiary of LCI Industries (Lippert), has entered into a strategic alliance with Euramax for Mobility, Europe's leading supplier of aluminium products for recreational vehicles (RVs). This new alliance will result in the formation of a joint venture called...
The Xinshen Aluminium Technology lightweight phase II project commenced operations on December 8. The total investment for the completion and operation of the project amounts to approximately RMB 200 million. This includes implementing three intelligent production lines, which consist of...
Dallas-based Blackboxstocks Inc., which combines financial technology and social media to provide real-time proprietary analytics for stock and options traders, announced that it has officially agreed to acquire Evtec Aluminium Limited (Evtec). The acquisition is anticipated to be completed during...
Due to the ongoing persistent real estate crisis, a privately operated aluminium producer, Golden World Innovation Aluminium, located in Guangdong, the southern manufacturing hub of China, has compelled its employees to undergo a five-month leave with reduced salaries. This situation brings...
