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...
Why aluminium scrap grade matters when buying secondary aluminium in India
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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Aluminium alloy price in China records a fall on continued decline in ingot price; Today ingot price down RMB70/t
According to Shanghai Metals Market, the price of aluminium alloys (ADC12) has recorded a change today, on June 4, by inching down from RMB 14,400 per tonne to RMB 14,350 per tonne. Prior to this, the aluminium alloys (ADC12) price had registered a decline on May 21, which was also by RMB 50 per...
Aluminium China and Lightweight Asia 2019 to highlight how lightweight materials can break EV mileage barrier
To meet the need to increase the driving mileage of Electrical Vehicles (EVs), Aluminium China and its sister show Lightweight Asia in July, held in Shanghai by Reed Exhibitions, will showcase leading auto-aluminum brands committed to reducing the weight of next-generation EVs. While it is...
Aluminium billet inventories extend downfall on improved downstream consumption
Shanghai Metals Market found aluminium billet inventories to further shrink today, on May 30, by some 1,200 tonnes week-on-week, as lower processing fees buoyed downstream consumption. Last week, on May 23, the billet inventories were at 79,700 tonnes after declining by some 13,900 tonnes from...
Scientists at National University of Science and Technology produce new aluminium alloy
Scientists at the National University of Science and Technology (MISIS) have reportedly discovered a simple and efficient way to strengthen aluminium-based composite materials. By doping aluminium melt with nickel and lanthanum, scientists have produced a new aluminium alloy that has benefits of...
A00 aluminium ingot price registers a drop after two days; Aluminium Alloy (A356) price down RMB50/t
A00 aluminium ingot price dropped after two consecutive increases and stood at RMB14300 per tonne on Tuesday, 28 May 2019. This was down RMB50 per tonne or 0.35 per cent from RMB14350 per tonne on Monday, May 27. The average price is expected to range at RMB14280-14320 per tonne Spot aluminium...
6063 aluminium billet inventories further shrink to 79,700 tonnes on lower cargo arrivals
According to Shanghai Metals Market, inventories of 6063 aluminium billet in China continue to shrink over the week on lower cargo arrivals. After decreasing by some 13,900 tonnes today, on May 23, aluminium billet stocks are standing at 79,700 tonnes across five major consumption areas. This...
Report shows Ford's Aluminum F-150 is cheaper to repair than its steel predecessor
According to a recent report published on Monday by Automotive News, Ford's Aluminum F-150 isn't that expensive to repair, contrary to the claim that Ford did the mistake of using a fragile and expensive-to-fix material on its truck. When it was launched in 2014, dealers were indecisive about...
A00 aluminium ingot price drops across major China markets; Australian alumina FOB price up by RMB18/t
A00 aluminium ingot price records two back-to-back downfalls on Monday, 20 May 2019. The ingot price stood at RMB 14280 per tonne on May 20, down RMB 60 per tonne or 0.42 per cent from RMB 14340 per tonne on May 17. The price is expected to range within RMB14260-14320 per tonne today. Foshan...
Chinese secondary aluminium producers operating rates estimated to slow down to 56% in May
Shanghai Metals Market anticipates the Chinese secondary aluminium producers’ operating rates to extend declines to 56 per cent in May, as aluminium purchases are expected to remain low among auto producers due to high inventories. The upcoming stricter national emission standards which will come...
Rusal’s revenue, net profit in Q1 2019 down 20.9% and 49.8% Y-o-Y
Russian aluminium giant UC Rusal reportedly announced its first quarter results where it mentioned that revenue dropped 20.9 per cent to US$2,170 million from US$2,744 million in the same period last year. Net profit also decreased by 49.8 per cent to US$273 million, compared with US$544 million in...
Inventories of aluminium billet in China extend gains of 1,600 tonnes
Stocks of 6063 aluminium billet extended their gains today across five consumption areas. Aluminium billet inventories increased some 1,600 tonnes from Sunday, May 5 to stand at 96,500 tonnes as of Thursday May 9. Inventories in China gained this week as buyers stood on the sidelines, according to...
Uncertainties over China’s scrap import rules taking toll on country's secondary aluminium smelters: Source says
According to China Nonferrous Metal Industry Association, a large number of secondary aluminium smelters in China, especially those with limited feedstock options, are being affected by uncertainties over scrap import rules like the license awarding criteria, the volume each company will be allowed...
Shanxi Chinalco Huarun to commission 52 electrolytic baths for more aluminium alloy production
According to an update from Shanghai Metals Market, Shanxi Chinalco Huarun is set to commission 52 more electrolytic baths, in a bid to reach to full production of its phase-one aluminium alloy project. As per the report, Shanxi Chinalco Huarun intends to achieve this by mid to late June....
Aluminium billet inventory records growth of some 2,700 tonnes; aluminium alloy price inches down
On more cargo arrivals in China post Labour Day Holiday from May 1 to May 4, stocks of 6063 aluminium billet across five major consumption areas recorded a growth on May 5, found Shanghai Metals Market. The inventories thus, stood at 94,900 tonnes after rising by some 2,700 tonnes from April 25....
China Zhongwang’s sales volume up 101% YoY in the first quarter of 2019
China Zhongwang Holdings Limited, a world-leading fabricated aluminium products developer and manufacturer, has announced results for the first quarter of 2019. The Group has reported revenue of RMB6.2 billion in Q1, up 74.1% year-on-year. Gross profit for the quarter increased 62.3% year-on-year...
Rusal’s Q1 VAP sales drop 44% YoY and 22% QoQ; aluminium sales and production decline too
Russian aluminium giant Rusal posted that its first-quarter sales of value added products (VAP) dropped 44 per cent from the contemporary period of the previous year and 22 per cent from the last quarter. Sanctions by the United States are held primarily responsible for this year-on-year and...
Automotive Aluminum Advisors adds three new members to their technology and engineering team
Automotive Aluminum Advisors LLC announced the addition of three most experienced aluminium technology and engineering experts to its team. Automotive Aluminum Advisors LLC is a consulting & engineering firm that works with the automotive sector in the areas of aluminium technology & engineering...
6063 aluminium billet inventories record greater W-o-W decline; aluminium alloy price registers no change
According to Shanghai Metals Market (SMM), 6063 aluminium billet inventories saw a greater decline this week across five major consumption areas in China. As of Thursday, April 18, the inventories fell some 9,800 tonnes from a week ago and came in at 98,600 tonnes, SMM data showed. Higher demand...
