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 prices drop across all markets in China following the downtrend in aluminium prices
As projected by Shanghai Metals Market yesterday, downstream aluminium producers have been prompted to reduce price of alloys to keep pace with steady drop in aluminium ingot prices caused by poor consumption and increasing stock. No new orders have been registered in November. According to SMM the...
Aluminium alloy prices in China may drop in November due to poor consumption
According to Shanghai Metals Market, there have been no recent upturn in consumption of aluminium products during September and October. Due to poor consumption during “Golden September and Silver October” no new substantial orders have been reported in early November. According to SMM the latest...
A00 aluminium ingot price plunges below RMB 16,000; alloy prices follow suit
As updated by Shanghai Metals Market, average Prices of A00 aluminium ingot have plunged significantly across all markets today on November 2 after yesterday’s rise. The price drop is mostly attributed to slow downstream demand and growing stocks despite the winter capacity cut programme. Average...
Aluminium alloy prices up across China;, downstream players under impact of environmental check
In china, supply of aluminium continues shrinking due to the strict reforms. Chinese aluminium industry is bent on seeing a blue sky over Shanghai and all other provinces during this winter. The inventories are declining and effect of production reduction is slowly taking shape. SHFE Base Metals...
Rockman Industries’ INR 652-cr aluminium alloy wheel project in AP gets govt approval
India’s Rockman Industries Limited has announced that it will invest INR 652 crore to set up an aluminium alloy wheels and die casting component manufacturing unit in Andhra Pradesh. The project, planned to come up in Chittoor district of Rayalaseema region of AP, is expected to create 1,000 direct...
A00 aluminium and alloy ingot prices up across China markets, prebaked anode rises in Southwest China
According to Shanghai Metals Market, base metals in China finished in the positive territory. Prices in China’s market are expected to hold stable before the upcoming 19th CPC National Congress that is starting on October 18. A00 aluminium ingot prices are up across all major markets after two...
Fall in SHFE aluminium drives a drop in aluminium alloy prices in China
Base metals diverged further in China market, with copper and nickel relatively stronger, and price divergence is expected to continue in the near term. The average price of A00 Aluminium Ingot drops from RMB 16,220/t on October 11 to stand at RMB 16,130/t today. The average price of A00 Aluminium...
Taiwan is in trade surplus for aluminium plates, sheets and strips in 2016
Taiwan’s government expects the country’s GDP to expand 1.9% in 2017. With the growth in GDP, aluminium consumption is expected to increase at a faster speed. The country ranks second in per capita aluminium consumption with a rate of about 33.3 kg. The island country has seen significant demand...
China’s aluminium semis export drops in August, but aluminium alloy export up 14% MoM
Aluminium semi-finished product export by China was hit by reduced output in August 2017 following widespread environmental checks which mainly hit the upstream sector; but ripple effects were felt across the entire aluminium value chain. The export volume totalled 360,000 tonnes in August, down...
Chongqing launches high-precision aluminium alloy RB production
Recently, Chongqing Hengya Industrial Co., ltd. has started manufacturing and transport of aluminium RB. It is reported that the company entered Beidu Aluminium Industrial Park in 2015 and invested to build production project of high-precision Aluminium alloy RB, vehicle-used AC flat tube, and...
China estimates domestic aluminium demand to increase by 6% in 2018
According to numbers released by the state, the People’s Republic of China will see a 6-percent rise in refined aluminium demand in 2018, rising from this year’s estimated demand of 34.8 million metric tons to 36.9 million metric tons. Beijing Antaike Information Co., Ltd (Antaike) indicated in its...
A00 ingot prices in China slightly up after correction, aluminium alloy prices follow suit
A00 Aluminum Ingot prices took a small jump across all major markets after two consecutive drops. Last week A00 Aluminum Ingot soared high on the news of advanced capacity cut in Henan province and it got corrected at the end of the week. The average price of A00 Aluminium Ingot would range between...
Global aluminium alloys market is set to witness 5% CAGR to 2024
The global aluminium alloys market is expected to exceed USD 150 billion by 2024, reveals data published in a recent report by Market Study Report. This market is mainly dependent on the availability of aluminium along with other alloying materials. The rise in construction activities and...
A00 ingot prices in China plunge after the big leap, aluminium alloy prices follow suit
An official from the Ministry of Environmental Protection confirmed that winter output cuts will not overlap with illegal capacity closures that are taking place currently. Two producers in Henan have already begun winter cuts in advance. According to SMM, this fuelled the big gains in Chinese...
United Wagon Co. to use aluminium alloy roof in its wagons to cut weight and boost capacity
United Wagon Co. in Russia has obtained certification for its Type 19-9549-02 grain hopper wagon. This particular wagon uses high-strength aluminium alloy in its roof, which cuts its weight by more than 1 tonne in comparison to the steel model. It also offers corrosion resistance and increases the...
Advance aluminium capacity cut in Henan buoys aluminium prices in China, alumina continues upward track
Two aluminium and alumina producers in Henan have started winter capacity cuts in advance, from Sept 19. As reported by SMM, Jiaozuo Wanfang Aluminum will cut aluminum capacity by over 30% based on the number of electrolytic cells, while Chalco Zhongzhou Aluminum will cut alumina capacity by over...
Hind Aluminium’s standalone net profit falls 26.10% for quarter June 2017
Hind Aluminium Industries, manufacturer of aluminium alloy and electrical grade wire rods, reported 26.10 per cent decline in its standalone net profit to INR 2.52 crore for the first quarter ended on 30th June, 2017 as compared to INR 3.41 crore during the previous quarter ended June 2016. The...
Aluminium die casting provider announces strong performance figures for 2017 to date
Sarginsons Industries, a leading lightweight casting expert in Coventry, announced growth in growth in sales and profit following a strong 2017 to date. The company witnessed a growth in developing high performance cast aluminium alloys for the automotive and rail industries. Sarginsons said that...
