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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Japan aluminum smelters considering alloy import due to high feedstock prices
Japanese secondary aluminum smelters making ADC12 aluminum alloy are considering alloy imports, rather than producing it themselves, due to higher costs of aluminum scrap feedstock, market sources said Tuesday. Russian AK5M2 scrap-based feedstock used for ADC12 production was offered at...
Japan's aluminum alloy import from China drops but from Europe surges in 2012
Japan's imports of aluminum alloy from China fell last year, while European countries like Spain and Italy were seen sending more of the product into Japan, customs data released Wednesday showed. Japan imported 367,279 mt of aluminum alloy from China in 2012, down 19% from 446,134 mt imported in...
Alcoa's Lafayette expansion on track for end-2014: official
Alcoa's $90 million expansion in Lafayette, Indiana, featuring a new aluminum lithium casting facility is on track and should be operational by the end of next year, a company official said Tuesday. The world's largest aluminum company currently produces extrusions for the aerospace industry at the...
Demand for aluminum alloy in Europe is steady, prices stay under pressure
Demand for aluminum alloy in Europe increased this week as buyers re-entered the market for fresh supplies after the winter break having kept stocks to a minimum at the end of the year. Spot prices, however, remained under pressure losing a further Eur10/mt ($13/mt) the week ended January 18. "It's...
Alcoa to supply Aluminum Alloy Drill Pipe to Fugro for Offshore Drilling Projects
Alcoa Oil & Gas, an Alcoa business, will supply 5,300 meters (17,400 feet) of Aluminum Alloy Drill Pipe (AADP(R)) to Fugro McClelland Marine Geosciences of Houston and Fugro Singapore PTE, LTD for use in offshore geotechnical survey drilling projects. Fugro McClelland Marine Geosciences is a world...
Titanium-Aluminum Alloy Cuts Aircraft Weight
Research from the European Space Agency (ESA) has resulted in an aircraft-grade titanium-aluminum alloy that has properties similar to nickel superalloys but weighs half as much. The research was conducted by participants in the Intermetallic Materials Processing in Relation to Earth and Space...
Sellers raise grade 226 aluminium alloy prices in Europe
Sellers of standard grade 226 aluminium alloy pushed through some small price increases in Europe this week, backed by stronger metal prices on the LME in active market conditions. A number of diecasters were in the market seeking alloy for January, and in some cases, February too. Larger buyers in...
Delegates from Qatar and Norwegian University meet Qatar Petroleum and Hydro representatives to discuss aluminium
Students and professors at the Qatar University and the Norwegian University of Science and Technology meet with representatives from the industrial companies Qatar Petroleum and Hydro, which together own the Qatalum aluminium company. All take an interest in aluminium, and are eager to develop...
Chinese domestic prices of aluminum alloy ADC12 edge higher as costs rise
The Chinese domestic price of aluminum alloy ADC12 was assessed marginally higher at Yuan 16,000-16,300 ($2,544-2,592)/mt ex-works Tuesday, compared with Yuan 16,000-16,200/mt a week ago, amid higher offers heard in the market. Traders said the higher prices were due to a recent increase in...
China Aluminum Alloy Production Increased 12.13% yoy
In October 2012 China produced 381.2 thousand tons of aluminum alloy products, increased 6.8% yoy. According to the data showed whole nation’s aluminum alloy production was 3663.9 thousand tons from January to October, increased 12.13% compared with the same period of last year. In terms of the...
Survey report on aluminum alloy plate projects at Nanning city
On 21st, November, 2012, SME Division of Ministry of Industry and Information Technology of the People’s Republic of China studied the small and middle-sized enterprises of Nanning city. Vice Mayor, Shi Wenhuai accompanied the group. Survey group came to Guangxi Southwest Aluminum Company to study...
China's Oct aluminum alloy imports rise 19%; exports fall 46%
China's aluminum alloy imports in October rose 18.9% to 9,577 mt, from the 8,057 mt imported in the same month of 2011, the latest figures from the General Administration of Customs of China showed Friday. The figure, however, represented a decline of 27.2% from the 13,147 mt imported in September...
Aleris to Increase Aluminum Supply to Audi China
Aleris today announced it has signed a contract with FAW-Volkswagen to provide aluminum for several Audi models to be produced in China. Aleris will supply aluminum for the Audi A3 Sportback and Sedan models to be produced in Foshan, in Guangdong Province, and the Audi Q5 produced in Changchun, in...
Decision upheld in Alcoa subsidiary lawsuit over aluminum alloy patent
The Supreme Commercial Court's presidium has upheld the decision of the All-Russian Scientific Research Institute of Aviation Materials (VIAM) to terminate a license contract under which Alcoa Samara Metallurgical Plant used its patented alloy, the court spokesperson told RAPSI on Tuesday. The...
China domestic alloy ADC12 prices slip on weak demand
Offer prices for aluminum alloy ADC12 in China's domestic market inched down this week as a prolonged period of weak demand continued, local industry sources said Tuesday. Leading producer Sigma Metals kept its offers at Yuan 17,100/mt ($2,719/mt) ex-works Tuesday, unchanged from last Tuesday. Most...
Secondary aluminum alloy prices fall again
Free-market aluminum alloy prices suffered further drops this week despite a relatively stable scrap pricing market, with some producers holding the line on higher quotes in pursuit of a profit margin. A380.1 dropped to a range of 99 cents to $1.01 per pound from $1 to $1.02, while 319.1 eased to...
Japanese traders seek to sell more European secondary aluminum alloy to diecasters
Japanese traders are seeking to increase sales of European secondary aluminum alloy to local diecasters making automotive components, industry sources said Tuesday. One diecaster source with three plants in west Japan, making engine parts, said offers from Japanese traders for European ADC12...
Spot prices of Europe aluminum alloy dip again in sluggish market
Spot prices of standard grade aluminum alloy pulled back by a further Eur20/mt ($26/mt) in Europe this week as sluggish demand and good supply weighed on the market. "It's quiet as there are so many holidays across Europe this week," said a Polish aluminum alloy producer. "Prices have come down a...
