Aluminium prices drift higher as September peak season operations recover amid low inventory
Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...
Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
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Japan aluminum alloy trade quietens ahead of Toyota buy tender result
Trading of imported ADC12 aluminum alloy in Japan has calmed down ahead of the closing of Toyota Motor's third-quarter buy tender on Friday as market participants waited for the results, sources said Tuesday. Two traders said deals were done at around $2,240/mt CFR Japan for several hundred tons of...
Japan ships 49% more auto diecasting aluminium alloys in April 2012
Japan's 11 secondary aluminium alloy smelters have shipped 39,308 mt of auto diecasting alloys in April 2012, up 49% year on year, Japan Aluminium Alloy Refiners Association said Wednesday. The April shipments, however, fell by 356 mt from March as some smelters have lost sales opportunities to...
iPhone 5 to have aluminium back cover
A photo that sources claims to be of the back of the new iPhone - possibly the iPhone 5 - has emerged on the internet and it’s apparently made of aluminium. Though it's difficult to gauge an idea of screen size, for example, it's gone into detail as to what we might be able to expect from the new...
Aleris signs molten aluminium supply contract with Daimler
US aluminium sheet maker and recycler Aleris has signed a four-year contract to provide molten aluminium to Daimler AG, the company said in a statement Tuesday. The molten aluminium will be used for the production of cylinder heads for all Daimler vehicles. Aleris chairman and chief executive...
Chinalco NELA Started Special Aluminum Alloy Project
Chinalco Northeast Light Alloy Co., Ltd. (NELA) held a launch ceremony for the installation of 2100mm cold-rolling mill of its oversized special aluminum alloy plate/strip project, `this marked the installation of 2100mm cold-rolling mill has officially started. It is learned that the installation...
Chinalco’s (SWA ) aluminum alloy thick plate production Line Crosses Ten Thousand Tons
Recently, Chinalco Southwest Aluminum (Group) Co., Ltd’s drawing force of aluminum alloy thick plate production line broke ten thousand tons which realized full coverage in providing aluminium alloy material to “Large Aircraft” project. This production line was up and running in November last year...
Powdermet to develop nanoparticle-infused aluminum alloys for army and auto industry
Material science company Powdermet announced on Monday that it has entered into joint venture with Oshkosh Corp., Eck Industries and the University of Wisconsin-Madison to develop nanostructured, high-strength, lightweight metals. Powdermet specializes in the manufacture of forged nanocomposite...
Alcoa Launches $90 million Aluminum Lithium fecility
Alcoa AA +0.12% celebrated the launch of construction of its greenfield state-of-the-art aluminum lithium facility at a groundbreaking event attended by Lafayette employees, and community and state partners. Adjacent to its existing plant, the $90 million, 115,000 square-foot expansion will produce...
Midas Wins Two Metro Contracts
Midas Holdings Limited announces that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd has won two metro contacts worth a combined RMB62.2 million from customers in the PRC. The first contract, worth approximately RMB33.7 million, is awarded by CSR Zhuzhou Electric Locomotive...
Midas Posts First Quarter Net Profit of RMB15.3 Million
Midas Holdings Limited ("Midas" or the "Company", together with its subsidiaries, the "Group"; SGX-ST stock code: 5EN; SEHK stock code: 1021) today announced its financial results for the three months ended March 31, 2012 ("1Q2012"). Group revenue was 22.3% lower at RMB230.4 million, as compared to...
Aluminium slipped 0.57% to $1991.50 per metric ton
LONDON (Commodity Online): London Metal Exchange base metal prices showed a negative trend on Friday. Steel is the only metal headed in positive direction on Friday which advanced by 2.53% to $464.50 per metric ton. LME Copper prices declined by 1.4% to $8079.50 a metric ton on Friday, as weak...
Designs of two new Airbus and Boeing aircraft are to boost Alcoa's stock performance
The designs of two new Airbus and Boeing (NYSE:BA) aircraft are a saving grace for Alcoa Inc. (NYSE:AA), according to the aluminum company’s chief executive Klaus Kleinfeld, who on Friday told shareholders at the company’s annual meeting in Pittsburgh, Pennsylvania, that Alcoa is putting its energy...
China Cuts Down on Aluminum Alloy Export and Cast Aluminum Export Grows Slowly
According to relative report that from January to March China has declined in aluminum alloy export volume, compared with last year decreased 10.3%. Mainly owing to decreased order quantity from Japan. Luo Baihui who is the secretary-general of ISTMA said that Janpan is the main importer of Chinese...
Aluminum Alloy Profiles With Negative Quality in Market
Provincial Industrial and Commercial Bureau released the products quality monitoring results of the Q1 this year that only 71% of aluminum alloy profiles passed detection, near 70% small appliances were disqualified. They’ve extracted 41 groups of aluminum alloy profiles from the distributors in...
Casting Aluminum Alloy Industry With Bright Future
According to the media report that casting aluminum alloy plate will replace previous material was widely used in several related industries in domestic. It is learned that casting aluminum alloy will be the main development new material in the next 5 years. The demand of casting aluminum alloy...
QuesTek Wins Grant to Develop A High-Strength, Thermally-Stable Aluminum Alloy
QuesTek Innovations LLC has been awarded a Small Business Innovation Research (SBIR) Phase II project from the U.S. Air Force Research Laboratory (AFRL) to apply QuesTek's Materials by Design technology to design and develop a new high-strength, thermally-stable aluminum alloy. The 2-year contract...
Japan traders turn to LME warehouse aluminum alloy stocks on lower prices
Japanese traders are seeking to source ADC12 as well as 226 aluminum alloy stored in London Metal Exchange warehouses, as LME aluminum alloy prices have fallen below physical spot prices, market sources said Friday. One Tokyo trader said European sellers had approached his company offering physical...
First Aluminum Alloy Semitrailer Made in Hebei
Through 5 years of hard work and thousand times of experiment the first aluminum alloy semitrailer made in Hebei Putai Machinery Manufacturing Co.,Ltd in Jing County. At present, this skill has passed the recognition of CAA. This kind of semitrailer long 13 meters, made of aluminum structure,...
