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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European aluminium alloy spot prices remain flat irrespective of a well-supplied market
European aluminum alloy spot prices remained flat this week as both monthly and quarterly consumers keep the pressure on in a well-supplied market. Producers have been pushing in vain to increase spot levels for the key grade of secondary aluminum, standard 226, above Eur1,700/mt ($2,189/mt) and...
PANASIALUM intends to set up aluminium alloy plant at a cost of RMB1,800 million
PANASIALUM announced that PanAsia Aluminium Limited, a wholly owned subsidiary of the company, entered into a non-binding letter of intent with the People’s Government of Shuangliu County of Chengdu City, pursuant to which the group intended to invest by phases RMB1,800 million (approximately...
Japan expects diecast aluminum alloy shipments to near 3-year high in May
Japan's domestic shipments of diecast aluminum alloy are expected to rise to about 43,000 mt in May as the weak yen shrinks imports from China, market sources said Tuesday. Domestic shipments were last seen around this level in March 2010, when they stood at 43,903 mt. Japanese secondary aluminum...
Palmer Foundry launches highly ductile aluminum alloy and receives ISO 9001:2008
Palmer Foundry, the leader in providing dimensionally stable and vacuum tight aluminum castings for complex applications, has just announced the launch of a new highly ductile aluminum alloy called HyDuct5 and also that the company has been awarded ISO 9001:2008 certification for the manufacture...
Showa Denko KK develops aluminum reflector for liquid crystal displays
Showa Denko K.K. has developed high-performance aluminum reflector for crystal liquid displays for use in personal computers and television sets. Sample shipments started last month. This product is an extension of SDKs ST-60 aluminum alloy with high thermal diffusivity comparable to that of pure...
Sural Group continues chosing Danieli for supply of casting rolling line
The Sural Group, one of the world's leading manufacturers of pure aluminium and aluminium alloy rod, has chosen Danieli for the supply of a new State of the Art Aluminium and Alloys Rod Melting, Continuous Casting and Rolling Mill line. Sural Group, established in 1978 is the largest aluminum rod,...
Aluminum Extruders Council launches 4th edition of Aluminum Extrusion Manual
The Aluminum Extruders Council has released an important new resource for designers, engineers, specifiers, academics and other aluminum extrusion enthusiasts with the new Aluminum Extrusion Manual, Fourth Edition. The Manual is a comprehensive one-stop reference to help product designers and...
LME gets requested to list an aluminum brand
The London Metal Exchange said on Monday that it has received an application from Malaysian aluminum producer Daiki Aluminium Industry Sdn. Bhd. to list its DIKM brand for trading under the exchange's aluminum alloy and NASAAC futures contracts. Daiki has an aluminum smelter that is able to produce...
US aluminum alloy maker Beck to shut furnace on tight scrap
US secondary aluminum producer Beck Aluminum Alloys has shut one of two furnaces at its Racine plant due to tight margins, a company source said Monday. The Beck source said the plant will operate only one of its furnaces until scrap spreads improve. The furnace has a capacity of 160,000 lbs/year....
2014 Acura MDX debuts at the New York International Show
Acura has unveiled the 2014 MDX luxury SUV at the 2013 New York International Auto Show. Built on a completely new platform, the seven-passenger MDX offers improved ride comfort, a more versatile cabin, increased fuel efficiency and enhanced performance. The MDX will also be offered for the first...
China's domestic ADC12 spot offers remain range bound
China's domestic spot aluminum alloy offers generally remained range bound, while demand stayed fairly steady with no sign of a significant swing in either direction, industry sources said on Tuesday. Leading Chinese producer Sigma Metals maintained its offer steady at Yuan 17,100/mt ex-works...
Midas bags $29.4 million Russian contract
A subsidiary of Midas Holdings has won a 22.7 million euro (US$29.35 million) contract to supply aluminium-alloy extrusion profiles to the Russian railway market, the group said on Tuesday. The deal was sealed between Jilin Midas Aluminium Industries and Ural Locomotives, a joint-venture company...
China’s aluminum smelting equipment designed by BERIS put into commissioning
The aluminum smelting equipment and the workshop, which are designed by BERIS Engineering & Research Corp. for Ningxia Jinning Juke New Materials Co., Ltd., has been proved to be of perfect performance. On February 23, 2013, five large flat ingots (660mm×1350mm×7213mm) of 1100 alloy were produced...
China ADC12 spot offers under pressure as trades fail to pick up
China's domestic spot aluminum alloy offers were under pressure as trading activity has failed to pick up, and also due to weak London Metal Exchange aluminum ingot prices, market sources said Tuesday. Leading Chinese producer Sigma Metals held its offer steady at Yuan 17,100/mt ex-works...
Q2 aluminium demand stable but spot prices high in Europe
Spot aluminum alloy prices crept higher in Europe this week as a number of buyers secured April and second-quarter supplies. Standard grade 226,the main traded recycled aluminum,rose by Eur10 ($13.03) to Eur1,700/mt and above in Germany, Europe's key market. The Platts assessment for 226 moved up...
Chinese aluminium alloy cable market may grow fast in 5 years
With the developments of West-to-east electricity transmission project, electricity transform project and the urbanization process, the needs of cable are in a growing trend. The Report of Chinese Cable Industry Analysis said that in the next 5 years, power cable market will continue to grow at a...
Automakers switching to aluminium alloy wheel hubs
More and more automobile owners prefer aluminium alloy wheel hub for its appearance, comfort and safety. At present almost all the new types use aluminium alloy wheel hubs. And there are more owners who changed their old type wheel hubs to aluminium hubs. The basic material of aluminium hubs is...
Chinese aluminum industry exports and imports reports forJanuary
According to the data renounced by Chinese Customs Bureau in 8th Feb.,2013:Chinese alumina imports reached 490,000 tons in Jan.,cumulative 490,000 tons in the same month,9.3% increased from the same month last year. China imports 69,024 tons of unwrought aluminum and semi-finished aluminum...
