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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General Motors’ Magnesium alloy VSC machine completes first trial run
General Motors and the GM China Advanced Technical Center in Shanghai announced today the first trial run of the facility’s new Vertical Squeeze Casting machine, the first of its kind in the world designed for developing next-generation magnesium castings. GM says the VSC machine will make it...
Wanfeng Auto partners with Chongqing Dongsheng to make aluminium wheels
Zhejiang Wanfeng Auto Wheel Co. is setting up a joint venture with Chongqing Dongsheng Aluminium Industry Co. to make 3 million aluminium alloy wheels a year. Registered capital for the jv company to be located in Chongqing is 200 million yuan ($32 million) while total investment for the wheel...
Secondary alloys firm in USA despite fall in scrap prices
Secondary aluminium alloys were mostly stable on March 27 as sources said the market held strong despite notable drops in some aluminium scrap grades, including twitch, a nonferrous auto shred and a key component in alloy output. Twitch prices fell to 81 to 82 cents per lb from 82 to 84 cents,...
JAARA updates on the aluminium outlook in Japan for FY 2014
Japan Aluminium Alloy Refiners Association announced the outlook for the fiscal year 2014 for demands on secondary aluminium alloy products ingots and secondary aluminium ingots as well as primary aluminium alloy ingots for casting and die casting. According to this, FY2014 demands on secondary...
A365 aluminum alloy processing fees to rally in China in Apr. on stronger demand
Processing charges for A356 aluminum alloy in China are poised to rally in April as the peak-demand season arrives, Shanghai Metals Market foresees. Output at A356 aluminum alloy producers surveyed by SMM totaled 113,750 tonnes in March, up 3,750 tonnes from February. Operating rates averaged...
VHCL Industries Ltd targets to commission a new Aluminium Alloy Plant
VHCL Industries Ltd’s Board of Directors reviewed the progress of their upcoming projects under metal division in a meeting that took place on 24th March, 2014. The Board noted the new Aluminum Alloy plant’s commissioning progress in its first phase. The capacity of the plant was 36,000 MTPA as per...
Midas wins RMB71.9 million worth of contracts from CNR Changchun
Midas Holdings Limited today announced that its subsidiary, Jilin Midas Aluminium Industries Co., Ltd ("Jilin Midas") has won RMB71.9 million in orders from CNR Changchun Railway Vehicles Co., Ltd ("CNR Changchun"). The first contract, worth approximately RMB47.2 million, will see Jilin Midas...
Inalum to make aerospace, electronics components
State-owned PT Indonesia Asahan Aluminium (Inalum) will diversify its product range by producing aluminum alloys and baked carbon anodes to supply the aerospace and electronics industries. Sahala Sijabat, the president director of Inalum, which only a few months ago was taken over by the...
Midas Holdings net profit up 71.3% to RMB47.7m
Midas Holdings Limited (Midas) recorded net profit attributable to equity holders or net profit of RMB47.7 million for the financial year ended December 31, 2013 (FY2013), up 71.3% from RMB27.8 million in the previous financial year (FY2012). Group revenue rose 32.0% from RMB869.5 million in FY2012...
Kaiser Aluminum and Boeing form Multi-Year 'Closed-Loop' Aerospace Aluminum Recycling Program
Kaiser Aluminum Corporation and Boeing announced they have formed a closed-loop scrap recycling program that is expected to involve approximately 22 million pounds of aluminum during the 2014-2015 production period. "The recycling agreement illustrates our collaborative relationship with Boeing,"...
China’s A356 aluminum alloy output down in Feb. due to Chinese New Year
China’s output of A356 aluminum alloy dropped in February since the Chinese New Year holiday allowed fewer working days in the month, Shanghai Metals Market has learned. Output at producers surveyed by SMM totaled 110,000 tonnes this month, down 5,500 tonnes from January. Operating rates averaged...
Elektron Introduces New MultiTool Aluminum Dent Repair Station
Elektron's new MultiTool Aluminum Dent Repair Station is a complete mobile workstation equipped with the tools technicians need to properly repair dents in aluminum sheet metal body panels and hoods. Because ferrous metal can contaminate aluminum and cause corrosion (leading to adhesion issues and...
China’s A356 aluminum alloy stocks to grow in Jan. on growing output
A356 aluminum alloy stocks in China were expected to grow in January due to growing production and sagging demand, Shanghai Metals Market has learned. Output at producers surveyed by SMM totaled 115,500 tonnes this month, up 6,000 tonnes from a month ago. Operating rates averaged 70.0%, also an...
Tanaka Precious Metals commences sales of high heat-resistant aluminum alloy bonding wire
Tanaka Holdings Co., Ltd. (a company of Tanaka Precious Metals) today announced that Tanaka Denshi Kogyo K.K. of Tanaka Precious Metals, which boasts the world's leading share in bonding wire (wiring material) manufacturing, has developed "TALF" aluminum alloy bonding wire with high heat...
325 tons of aluminium alloy scrap lies for 25 years among the twisted remains of bombed plane
The 325 tons of aluminium alloy, including part of the fuselage, cannot be moved until all investigations have been concluded. The twisted remains of Pan Am flight 103 lie in a forgotten heap – 25 years after a terrorist bomb sent it crashing into Lockerbie. The 325 tons of aluminium alloy,...
LME approves ICL for first warehouse in in Moerdijk, Netherlands
Independent Commodities Logistics BV (ICL) has received approval from the London Metal Exchange for the first warehouse in Moerdijk, Netherlands, the exchange informed its members on Friday December 13. The warehouse in Moerdijk run by ICL will be listed from March 13 next year and will be a good...
P&A International focuses on high quality to provide aluminium extrusions at lower costs
P&A International is a leading name in extrusion and die cast manufacturing, thanks to its continuous focus on quality and affordability. P&A International understands the nuances of the business and helps their customers leverage their rich experience in the field by guiding them and providing...
China's Spot ADC12 offers slip on weaker LME prices
Offers for China's domestic spot aluminum alloy ADC12 slipped, affected mainly by weaker aluminum ingot prices, while the demand remained steady, seeing no significant change from the previous week, industry sources said. Domestic offers for ADC12 were mostly at Yuan 15,700-15,800/mt...
