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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Secondary Al Alloy price slightly downs by JPY 3 per kg in Tokyo
Major secondary aluminum alloy makers and automotive component makers around Tokyo almost agreed to leave unchanged or to slightly decrease by JPY 1 per kilogram to JPY 3 per kilogram for secondary aluminum alloy for September 16th to 30th 2011 shipment. Relatively high prices were adjusted...
Aluminum alloy tags tumble on panic sales
Secondary aluminum alloy prices nosedived this week as panic selling overtook what has been a fairly resilient market this year. Lower-priced sales continued this week after several producers dropped numbers in rapid succession late last week, according to market participants. Rumors are rife that...
NELA Aluminum Alloy Plate, Strip and Profile Renovation Project Accomplished Check
In recent days,NELA oversized special type aluminum alloy plate, strip and profile technological transformation project was the key construction project of Chinalco. Its production line has finished check by electronic hoist scales recently. Due to the large size of these two electronic hoist...
Two New Production Lines of Chinalco Expected to Go into Operation
Two new production lines of Chinalco are expected to be put into operation before the end of this year. Located in Southwest Aluminum Co., Ltd(SWA) and Northeast Light Alloy Co., Ltd(NELA), these two lines have a total investment of one billion. Although the financial crisis has led to temporary...
Weak Consumption and high costs lower scrap imports
China Customs released imports and exports data of aluminum scrap in August.In August China imports 200 thousand tons of aluminum scrap, decrease 23.08%, compared with the same period of last year. Comsumption continues weak and the high cost of import are the main reasons for the decline. There...
Mathematics Will Increase Aluminium Recycling
Using mathematical models, Norwegian research scientists and Scandinavian industry are working on tailoring alloys which will increase the usefulness of recycled aluminium. The objective of the five-year project is to develop technical production "recipes" which will enable aluminium scrap to...
LME: Suspends Deliveries Of IS Aluminum Alloy Brand
The London Metal Exchange on Wednesday said it has suspended deliveries of the IS brand of aluminum alloy until further notice. The brand is produced by Ukraine-based Intersplav and the suspension takes place with immediate effect.
Huaze Aluminium Carries Out “Quality Month” Activity
Under the request of the government and Chinalco, Huaze Aluminium&Power Co.,Ltd carried out the 2011 “Quality Month” activity in depth. The company aims at improving the quality of its products and working process, promoting its whole competitiveness and realizing its annual business objective. The...
LME: Delists Alcoa Wenatchee Aluminum Alloy
The London Metal Exchange Friday said it has delisted U.S.-based Alcoa Inc.'s (AA) Wenatchee aluminum alloy. It said it has no stocks of metal under the brand on LME warrant, and as such it will be delisted with immediate effect.
European aluminium alloy moves sideways on lower LME, scrap
Secondary aluminium alloy 226 prices moved sideways in Europe this week as lower LME and scrap prices meant consumers negotiated cheaper deals, sources said. Trading was quiet because many key players were still away on holiday, and a clearer picture was expected to emerge in the coming weeks. A...
Bringing aluminium back to full strength
Alloy Heat Treatments can restore the strength of products machined from large blocks of aluminium and prevent potentially catastrophic failure. Optimum properties can be restored to proof-machined products using re-heat treatment, inspection, testing and release to the required temper. Alloy Heat...
CHINA ZHONGWANG - Never Give Up USA Market, Annual Order 400 Thousand Ton
Performance of CHINA ZHONGWANG (01333.HK) with help of Chinese market helped it gradually cope with the downturn from America’s antidumping and countervailing investigation. Lu Changqing, executive director and vice president of CHINA ZHONGWANG said,that since the group will increase high-end...
Chinese Aluminum Alloy Exports Increase by 21.38%
Data from Chinese Custom shows that Chinese aluminum alloy exportation amounts to 64, 161 ton in July rising by 21.38% in the corresponding period last year. From January to July this year, aluminum alloy exportation reaches 379,819 ton up by 28.54% year-on-year. The dramatic increase of aluminum...
Russian aluminum semi products output continues to grow
In January to July 2011 aluminum products manufacture in Russia trended to rise,aluminum alloys output grew by 40.1% YoY bars and profiles 24.7% up, rolled products 39% up. On July 2011 aluminum alloys production rose by 3.8% compared to the corresponding period of 2010,bars and profiles 1.1% up...
The National Largest Manufacturing Base of Aluminum Alloy Bar goes into operation
Since Vice president of Ningxia Hui Autonomous Region Li Rui addressed his announcement in the morning of August 21, 0.3million ton processing projects of Ningxia Guangyin Aluminum Co., Ltd comes into operation. It is said that this project consists of ten production lines for aluminum alloy...
Secondary aluminum alloy makers in Tokyo to leave sales price unchanged
Japan Metal Bulletin reported that major secondary aluminum alloy makers around Tokyo try to slightly increase or leave selling price unchanged for August shipment. The price negotiation begins in next week.
European aluminium alloy prices flat
Secondary aluminium alloy 226 prices remained unchanged this week in thin trading conditions, typical of the summer vacation period in Europe, sources said. "It's a quiet market," said a trader. Italy, France, Spain, Portugal and the UK markets were said to be inactive this week because of summer...
LME: Delists 4 NASAAC Brands, Lists 1 Aluminum Alloy Brand
The London Metal Exchange Wednesday said it has delisted four brands of the North American Special Aluminum Alloy Contract, or NASAAC, while listing a new aluminum alloy brand. The delisted NASAAC brands are ALCAN-ALMA, ALCAN-ARVIDA, ALCAN-LATERRIERE and ALCAN - SEBREE, all of which won't be...
