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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Chinese aluminum alloy offers fall ahead of close of Toyota buy tender
Offers for Chinese ADC12 aluminum alloys have dropped in the last two days ahead of the close of Toyota Motor's tender seeking 10,000 mt/month of molten aluminum alloy and ingot for January-March 2014 on Monday, Japanese traders said Friday. At least two Chinese alloy producers have reduced offers...
Aluminium to make further inroads in power cable industry in China
With huge aluminium power cable production capacities coming on stream in China, the lightweight metal is set to make further inroads in power cable industry to substitute copper, Shanghai Metals Market foresees. As uniform standards for all aluminium alloy conductors (AAAC) are being studied by...
China's A356 aluminium alloys output recovers in Nov following earlier cuts
China’s production of A356 aluminium alloys, used in making wheels, recovered in November following output cuts earlier and gains in silicon prices, Shanghai Metals Market has learned. A356 aluminium alloys output increased 3,300 tonnes from October to 100,800 tonnes this month, while average...
China Zhongwang gets approval to set up Aluminium Alloy Extrusion Processing Laboratory
China Zhongwang obtained co-approval from Liaoning Provincial Science and Technology Department and Liaoning Provincial Finance Department to set up "Liaoning Provincial High-end Aluminium Alloy Extrusion Processing Laboratory." The lab represents combined efforts of the industry, academia and...
Midas achieves net profit of RMB16.4 million for 3Q 2013
Midas Holdings Limited, together with its subsidiaries, reported net profit attributable to equity holders of RMB16.4 million for the three months ended September 30, 2013, turning around from a loss of RMB6.1 million for the corresponding financial period in the previous year. Group revenue soared...
Aleris introduces new alloy temper for marine applications
Aleris announced today it is now offering 5083-H128, the newly developed aluminum alloy temper for marine applications that meets the new standards for marine plate as specified in ASTM's B928-13 standard. ASTM is an internationally recognized standards organization that develops and publishes...
Aluminum alloy will continue to replace copper in Chinese cable
The use of copper in cable will remain under threat of subsitution from aluminum alloy in China as a result of the continuing high spread between copper and aluminium prices. Aluminum alloy usage in cables captured the spotlight during a recent copper conference in Kunming, held by Antaike. “At...
US secondary aluminium alloy prices steady
Prices for secondary aluminium alloys held steady in the USA this past week as producers said limited supply coupled with robust demand from the automotive sector was supporting the lower end of the market. Producers noted that several smelters were either in the process of bringing furnaces back...
USA’s Aleris offers marine alloy temper
Aluminium manufacturer Aleris International is selling 5083–H128, a newly developed aluminium alloy temper for marine applications. The alloy meets new standards for marine plate as specified in the American Society for Testing and Materials’ (ASTM) B928-13 standard, the company said. While...
China's aluminum alloy ADC12 remains steady
Offers for China's domestic spot aluminum alloy ADC12 remained generally steady Tuesday, while the physical demand stayed healthy after the pickup seen the previous week, industry sources said. Domestic offers were heard around Yuan 16,000/mt ($2,619/mt) ex-works, unchanged from last week. Platts...
New Aluminium Alloy from Novelis enables remote laser welding
The new laser remote weldable alloy is a patented multi-layer aluminium sheet product based on Novelis Fusion. This breakthrough delivers a solution to the industry’s long-time challenge of joining aluminum in automotive production. One of the latest Novelis’ innovations is the remote weldable...
AVIC XI’AN aircraft industry group visits China Zhongwang
AVIC XI'AN Aircraft Industry Group visited China Zhongwang to see the aluminium extrusion production amid other matters. During the tour, AVIC XAC team saw the Group's exhibition hall, smelting and casting plant, aluminium processing plant, aluminium alloy auto-bodied manufacturing plant, dies...
Gulf Extrusions wins DNV certification
Gulf Extrusions, a leader in extruded aluminum products, has announced that it has received the prestigious DNV (Det Norske Veritas) certification for the marine applications the company supplies, especially wrought aluminium alloys. The certificate reaffirms that all of Gulf Extrusions’ marine...
A380 producers fighting price pressure
Secondary aluminium alloy prices remained relatively steady over the past week, although a number of market participants said they had heard rumors of sellers beginning to give in to downward price pressure. “The automotive guys are still running hard despite prices being relatively stagnant over...
Japan’s secondary aluminum alloy import from China down in July
Japan imported less secondary aluminum alloy from China in July than a year ago while local production rose, according to government and industry statistics released this week. Japan imported 29,789 mt of secondary aluminum alloy from China in July 2013, down 6% year-on-year. Imports from China are...
A356 alloy output and operating rates in China dropped in August
A356 alloy output and operating rates at producers surveyed by Shanghai Metals Market (SMM) dropped in August due to production cuts and suspension. A356 alloy output at the companies surveyed slipped by 4,000 tonnes from July to 102,000 tonnes in August. The average operating rate also edged down...
TruckCraft launches aluminum service body
TruckCraft introduced its new Lancer, an aluminum service body for single rear wheel pickup chassis. The company said the unit’s deck floor and understructure are made from extruded 6061 T6 alloy with tensile strength equivalent to steel, the that the body weighs just 640 lbs, about what a typical...
Ye Chiu Metal Recycling reports 22.4% drop in H1 profit
Ye Chiu Metal Recycling (China) Ltd. reported a 22.4% decline in first half’s profit due to sluggish aluminium alloy market and restated its expansion plans on China’s policy support. It made a net profit of 71.9 million yuan ($11.6 million) or 0.18 yuan per share in the first six months, Asia’s...
