The government has declined provisional protection against surging aluminium extrusion imports, leaving local producers waiting for the outcome of a wider safeguard investigation. New Zealand's aluminium extrusion industry faces several more weeks of uncertainty after the government decided not to...
ALENZ is calling for provisional trade protection as rising low-cost aluminium extrusion imports put pressure on domestic producers during an ongoing safeguard investigation. New Zealand's aluminium extrusion industry is urging the government to introduce temporary trade protection as imports surge...
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P.A. Resources Bhd, the low profile aluminium extruder in the previous three years has driven to the profitability path from a decade of losses the company went through. The Malaysian aluminium firm boosted it production in three times, while it transpired as a supplier to one of the largest global...
Operating rates at major aluminium processors in China rose 2.3 percentage points from a week ago to 77.1 per cent last week, ended on Friday, May 21. The overall growth was due to the significant increase in aluminium construction extrusion orders due to real estate recovery. Orders for aluminium...
The highly innovative aluminium casting and extrusion expert, Hammerer Aluminium Industries has commissioned a new filter system at its Ranshofen casting plant. HAI’s investment of €2 million in environmental protection was made to enhance air quality at the foundry. The new filter system will...
Operating rates at major aluminium processors in China increased 1.7 percentage points last week ended on May 14, with aluminium extrusion segment witnessing the biggest rise driven by demand recovery in the construction sector. Operating rates in the aluminium wire and cable industry rebounded...
Aluminium billet inventories in China decreased this week, ending on May 13, following a slight rise last week. According to the Shanghai Metals Market data, 6063 aluminium billet stocks shrank by 33,900 tonnes across the five major Chinese consumption areas to come in at 105,200 tonnes. SMM...
The Italian company Metra , the world leader in aluminium extrusion, today belongs to the American fund KPS Capital Partners specializing in investments in the industrial sector, including in aluminium, and is also known for its acquisition of the rolling mills of the Norwegian company Hydro. After...
The American investment company KPS Capital Partners has stepped into a definitive agreement to acquire Metra Holding SpA and Metra SpA, (collectively “Metra” or the “Company”), a global producer of extruded aluminium. The existing shareholders will retain a 25% stake in the company. Metra will be...
Hammerer Aluminium Industries (HAI), the Ranshofen, Austria headquartered company, considered as the hidden champions of the aluminium industry has shifted towards the usage of three multidirectional forklifts from the Irish manufacturer Combilift, to ensure the safer and more efficient handling of...
The Ohio-based aluminium extrusion die manufacturer Youngstown Tool & Die (YTD) selected NITREX Canada to support their expansion strategy, scaling up value-added nitriding services that the company contributes to its customers. In the last quarter of 2020, YTD added Nitreg® controlled nitriding...
In March 2021, China exported 58,000 tonnes of aluminium extrusion, which reflected a 2 per cent month-on-month decline and 22 per cent on year, according to the latest customs data. The year-on-year downfall is analysed as an outcome of the lower exports due to the COVID-19 pandemic compared to...
The Southeast Asian nation, Vietnam, onward 25 th April 2021 will impose anti-dumping duties of 4.39%-35.58% on aluminium products imported from China. According to the Ministry of Industry and Trade, “The anti-dumping duties will apply to certain extruded aluminium products produced by 18 Chinese...
Australia's largest extruder and distributor of aluminium products, Capral Aluminium with five manufacturing sites strategically placed across the country have rejected Allegro's purchase offer due to critical assessment from shareholders. A few days earlier, the company acknowledged a takeover...
According to the recent data revealed by the Shanghai Metals Market, China’s primary aluminium production improved 10.2 per cent year-on-year to 3.35 million tonnes in March 2021 (31 production days). However, on a month-on-month basis, the production stood 10.93 per cent down from 3.02 million...
Africa’s one of the largest aluminium exporters, Hulamin confirmed that its extrusion plant, in Olifantsfontein, Midrand has been acquired by integrated South African metals company Alfeco Group. The recently acquired extrusion assets, which are now part of Alfeco’s new aluminium division, with a...
The European Union has reportedly imposed duties on Chinese aluminium products after determining the materials being sold at unfairly low prices. The news came on Tuesday, March 30, after the EU official journal announced that duties to be imposed on Chinese aluminium extrusions in the form of...
On 30 th March 2021, Trakia Economic Zone (TEZ) reported that Bulgarian real estate firm Interlink Grup revolutionised towards the development of an aluminium profiles production facility near the city of Plovdiv. Followed by the investment of €20.3 million for the aluminium profiles production...
China Customs data found the country’s aluminium bars and extrusions exports during January-February 2021 stood at 153,200 tonnes, reflecting a year-on-year rise of 40,500 tonnes or 35.9 per cent from 112,700 tonnes. Exports in January were at 93,800 tonnes, which in February decreased by 34,400...
Hydro’s reported Underlying EBIT in FY2020 stood at NOK 6,051 million compared to NOK 3,359 million in FY2019 and NOK 9,069 million in FY2018. This reflects year-on-year growth of 80.14 per cent but a decrease of 33.28 per cent than in 2018. Underlying EBIT from bauxite and alumina stood 85.42 per...
