Low inventory supports aluminium prices to consolidate at highs; Peak season recovery pace awaits verification
Futures: The most-traded SHFE aluminium contract opened at RMB 24,590 per tonne in the night session on September 9, reached a high of RMB 24,660 per tonne and a low of RMB 24,565 per tonne, and closed at RMB 24,650 per tonne, up RMB 90 per tonne or 0.37 per cent from the previous close. Futures...
India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
Grow with
AL Circle
China aluminum semis exports rise 48.5% in December 2014
China exported 490,000 mt of aluminum semis in December, surging 109.5%YoY and 48.5% MoM, customs data showed. The significant rise was driven by token exports of extrusions – low-value extrusion for remelting at destination before being used as a substitute for primary aluminum. China exported...
Midas Holdings secures 1.73b yuan aluminium alloy metro-train contract
MIDAS Holdings' joint venture company, Nanjing SR Puzhen Rail Transport Co (NPRT), together with a consortium partner, has secured a 1.73 billion yuan (S$374 million) metro train contract. The contract is awarded by Shanghai Rail Transit Line 13 Development Co, for the Shanghai Metro Line 13 Phases...
Aluminum Extruders Council to discuss emerging markets and market defense at 2015 Annual Meeting
Members of the Aluminum Extruders Council (AEC), will hear insights from prominent industry leaders and motivational speakers at the 2015 Annual Meeting and Leadership Conference, Thursday, March 5 through Saturday, March 7. The Leadership Conference in Palm Desert, California, will feature a...
NAPCO acquires a new powder-coating system for aluminium extrusions
National Aluminium Products Company SAOG (NAPCO) has announced that in order to meet the growing demand of aluminium-based powder coating systems in the region, they have acquired a new vertical powder coating line. NAPCO is one of the leading manufacturers of aluminium extrusions in GCC and the...
Aluminium Extrusion’s huge input cost slows profit
Aluminium Extrusion Industries plc’s huge input cost has slowed third quarter (Q3) profit, as the company continues to grapple with the unpredictability of the Nigeria economy, analysis of the company’s financial statement shows. For the first nine months through September 2014, the company’s...
A paradigm of premium aluminium production
Qatalum, led by a precision culture, has a casthouse which produces more than 60% of its alloys for the automotive industry. This is a direct result of the manufacturing proficiency within one of the world’s most efficient aluminium smelters. Over three years into full production and Qatalum’s...
Nanshan Aluminum eyeing expansions in high-end aluminum product market
Shandong Nanshan Aluminum Co. is targeting high-end aluminum products to meet growing demand, China Securities Journal reported today. The company is looking to expand its aluminum extrusion capacity by 20,000-30,000-tpy in 2015 and bring its total capacity of industrial aluminum extrusion to...
China aluminum semis exports rise 24.6% YoY in Nov. 2014
China exported 330,000 mt of aluminum semis in November, up 24.6% YoY. YTD exports through November totaled 3.18 million mt, up 12.2% from a year ago, customs data showed. The SHFE/LME aluminum price ratio fell to around 6.7 in October and early November, favoring exports. Extrusion exports jumped...
Lanka Aluminium receives SLS certification
Lanka Aluminium Industries PLC, the pioneer manufacturer of high quality aluminium extrusions in Sri Lanka was awarded the prestigious SLS certification recently. Lanka Aluminium is the very first aluminium extrusion manufacturer in the country to have received the SLS certification for some of its...
AISIN to receive Marion Business of the Year award
The Marion Chamber of Commerce announced Monday that AISIN Light Metals is the 2014 Business and Industry of the Year. AISIN is in the REDCO Industrial Park area in Marion. The company manufactures aluminum parts for the automotive industry. The company began construction in Marion in October 2003,...
Sapa extrudes first aluminium MPE in India
Sapa has extruded the first aluminium multi-port extrusion (MPE) from its new press in India. Its aim is to become the preferred supplier of MPEs and drawn tubes for heat transfer applications to automotive and industrial customers in India. The operational milestone comes ahead of schedule, some...
Aleris to sell its extrusions business to Sankyo Tateyama, Inc.
Aleris announced today that it has signed a definitive agreement to sell its aluminum extrusions business to Sankyo Tateyama, Inc., a Japanese building products and extrusions manufacturer. The sale includes four production facilities in Europe and one in China. The facilities specialize in the...
Aluminium solutions by Alphastrut save BP 54 tonnes
Alphastrut, responsible for creating engineered aluminium extrusions and fabricated brackets, has recently concluded a seven-figure contract with BP, saving the giant 54 tonnes in weight. The company creates support frames using the extrusions and brackets that can be used for a variety of...
Pell joins Aluminum Association board
Sapa’s Jack C. Pell is one of five new persons elected to the U.S. Aluminum Association’s Board of Directors. Pell leads the commercial organization for Sapa’s Extrusion Americas business area, which is responsible for the company’s general extrusion activities in North and South America. He...
Granco Clark supplies oldcastle building envelope two hot log saws and transport equipment.
Oldcastle Building Envelope of Terrell, Texas has selected Granco Clark to upgrade the log cutting systems on both of their existing press lines. They purchased (2) Model HBCS 69 Hot Log Saws to replace the existing shears. Transport equipment to deliver the billet to the press is also included....
China’s aluminum semis exports rise to 320,000 mt in October 2014
China exported 320,000 mt of aluminum semis in October, down 5.88% MoM, but up 23.08% YoY, customs data showed. Extrusion exports jumped 27.32% YoY to 65,000 mt in October, and rose 19.63% YoY to 606,000 mt during January-October. Foil exports soared 33.72% YoY to 77,000 mt in October, and grew...
U.S. Aluminum Extruders see 10-15% increase in business
Ducker Worldwide, an independent consulting and research firm, recently concluded a study on behalf of the Aluminum Extruders Council (AEC) focused on identifying the benefits from and future risks to the U.S. Aluminum Extrusion market’s trade case against the People’s Republic of China. This...
Kobe Steel begins deliveries of aluminum extrusions to Hitachi for use in UK train cars
Kobe Steel, Ltd. announces that it has begun deliveries of aluminum extruded shapes to Hitachi, Ltd. for use in the railway car body for the Intercity Express Programme (IEP)1 in the United Kingdom. Kobe Steel has received an order to supply nearly the total amount necessary to build the fleet of...
