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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Aleris to build German casting facility
Aleris is to build a casting facility for aluminum-lithium plate and sheet products. The facility will be built at its Koblenz, Germany plant and will expand the company's ability to meet the needs of the aerospace market. Aluminum-lithium alloys enable aircraft manufacturers to increase fuel...
Secondary aluminium flat in Europe on low demand, Q1 deals done
Aluminium alloy 226 prices stabilized in Europe this week in thin market conditions as consumers maintained minimum stocks in the run-up to the end of the year. First-quarter contract talks have continued this week and resulted in a number of buyers fixing prices at the prevailing spot levels. "It...
Novelis qualifies Rusal aluminium alloys for car body production
Rolling aluminium billets produced at Russian aluminium producer Rusal's smelters have been successfully qualified by Novelis, the world's largest producer of aluminium rolled products, Rusal said Wednesday. Rusal is also working on qualification of its products by auto manufacturers BMW and...
Europe aluminum alloy smelters eye Japan for spot sales; spark no interest
Secondary aluminum alloy smelters in Spain and Italy are seeking to sell spot cargoes to Japan, but buying interest has been limited so far due to differences in ingot size specifications, Japanese market sources said Monday. Two Tokyo-based trading houses said they had received offers for ADC12...
Old-fashioned Aluminum Alloy Door&Window May Lose Market
Many real estate enterprises tend to choose color aluminum as the main material for doors and windows, while the old-fashioned aluminum alloy doors and windows market may gradually become a smaller market. During last century, many enterprises chose aluminum alloy profiles since consumers paid less...
China Export 63,825 tons of Aluminum Alloy Ingot in October
According to China Customs China exported 63,825 tons of aluminum alloy ingots in October,which is an increase of 7.2% compared with September. Analysts agreed that the increasing demand from Japanese clients was the main reason that caused the growth in export. It is learned that China exported 42...
Midas announces Q3 2011 profit attributable to shareholders of CNY 27 million
Midas Holdings Limited announced its financial results for the 3 months and 9 months ended September 30th 2011. Group revenue rose 4.6% from CNY 248.0 million in the 3 months ended September 30th 2010 to CNY 259.3 million in Q3 2011. The Group's Aluminum Alloy Division recorded 5.0% increase in its...
Chinalco Guizhou Aluminum Alloy Factory Endeavors to Improve Aluminum Profiles Quality
Recently,Chinalco Guizhou Aluminum Alloy Factory tried hard to improve aluminum profiles quality, to control losses and lay a solid foundation for the year-end production and management. Aluminum alloy factories were with less production in the fourth quarter. It is hard for the factory to gain...
Nanshan Aluminum to invest CNY 6 billion in production lines
CapitalVue reported that Shandong Nanshan Aluminum plans to invest CNY 6.19 billion to construct a production line for high performance special aluminum alloy with annual production capacity of 200,000 tonnes. The program includes 3 casting production lines in a casting workshop, a hot rolling...
DAIKI ALUMINIUM INDUSTRY CO
Daiki Aluminium Industry Co. Ltd. produces and sells aluminum alloy products in Japan and internationally. The company offers secondary aluminum alloy ingots that are used for die-casting, casting, deoxidation, and rolling; secondary aluminum ingots, which are used for roll products; and aluminum...
Chinese alloy production line
China’s Shandong Nanshan Aluminum plans to spend RMB6.19bn ($973M) on constructing a production line for aluminium alloy with a 200kt/y capacity. The plan also includes three casting production lines in a casting workshop, a hot-rolling production line, and facilities that will manufacture...
Nanshan Aluminium To Invest 6.19B Yuan In Hometown Production Lines
"Shandong Nanshan Aluminum (600219) plans to invest 6.19 billion yuan to construct a production line for high-performance special aluminum alloy, with annual production capacity of 200,000 tons, reports yicai.com, citing the company’s announcement. The program includes three casting production...
LME: Lists Spanish Producer Alusigma's Aluminum Alloy, NASAAC Brands
The London Metal Exchange Friday said it has listed an aluminum alloy and North American special aluminum alloy brand for Spanish producer Alusigma S.A. The material will be produced at the company's Asturias plant, which has an annual capacity of 18,000 metric tons. Both will be available with...
Japan secondary aluminum alloy import keeps high from China
According to Ministry of Finance, Japanese secondary aluminum alloy import is increasing from China. The import was 40,840 tonnes in August increasing by 13% from a year earlier and by 21% from July. Several Japanese trader sources said that the import is likely to maintain a high level at around...
Tianjin Aotong Becomes Biggest Export Base of Recycled Aluminium Alloy in North
Tianjin Aotong Metal Products Co.Ltd has become the biggest export base of recycled aluminum alloy in north. The company has formed a production scale of 500,00tons aluminum alloy per year through technical innovation, investment and optimizing production factors. Aotong imports scrap metals as raw...
SCRAP REACHES FLOOR, EYES Q1 DEMAND
Scrap input prices have come down over the past couple of months and have "found a floor," said an Italian alloy producer, adding: "It's not possible to push prices down any further otherwise we will be suffering again." Prices for scrap in Germany were said to be flat. Scrap buyers would be...
European aluminium alloy 226 lower, negative sentiment creeps in
Secondary aluminium prices drifted lower in Europe this week in quiet market conditions as negative sentiment on the economy and future demand levels crept into the physical market, sources said. "Our plants are fully booked and sold out for Q4 but everyone is talking about the financial crisis,"...
Delta Aluminum start alloy casting material and primary alloy production in October
Delta Aluminium Industry, Chinese secondary aluminium alloy maker headed in Guangdong, starts production of aluminium alloy casting material and primary aluminum alloy in late October. The company introduces a new 12 tonne melting furnace dedicated to alloy casting material within October. As a...
