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,...
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Sapa’s design manual keeps lead
Sapa has updated and published the fifth edition of its aluminium extrusion Design Manual. While the paper version remains the most popular in the industry, interest in the new electronic “app” is growing. Since Sapa added its Design Manual in Apple’s app store and on Google Play in February 2014,...
New award for Alstom’s next-generation train
Sapa won its first major contract with the France-based rail transport powerhouse in 2007, and has continually increased its business with Alstom since. The latest award calls for 40 train sets, with deliveries through 2018. Reaching speeds of 320 km/h, Alstom’s Euroduplex is the only double-deck,...
Granco Clark supplies APEL Extrusions, Inc. with a full heating and handling system to its UBE press
APEL Extrusions, Inc. is expanding their production capacity in the new Coburg, OR facility by adding a new UBE press and Granco Clark Heating and Handling System (installation in July 2014). The Granco Clark equipment features the best high pressure spray quenching technology available, a...
Aluminium drives modern manufacturing in the Gulf
As GCC aluminium production is expected to hit the five million tonnes mark by the end of this year, downstream factories in the GCC countries are racing to acquire the state- -of-the-art machines and latest equipment. Since aluminium production started in the region in 1971, there have been...
APEC heralds opportunities for aluminum extrusion segment
The Asia-Pacific Economic Cooperation (APEC) meeting highlights infrastructure construction as the priority of enhancing connectivity and cooperation in the Asia-Pacific region, which will see high-speed railway construction speed up and boost aluminum extrusion demand, yicai.com reported. China...
Pre-bent busbars now available
Sapa delivers high-conductive aluminium busbars to the energy-supply segment. Now, customers can further reduce costs and improve the environmental footprint of their systems by ordering pre-bent busbars. Busbars are extruded round tubes mainly in the 6101B T6/T7 aluminium alloy, to ensure high...
Granco Clark supplies Aerolite Extrusion Company with a new Double Puller
Aerolite Extrusion Company of Youngstown, Ohio has selected Granco Clark’s Flying Cut Double Puller for their existing aluminum extrusion system. The Granco Clark Double Puller is equipped with two puller heads and a saw on puller head 2 allowing it to provide cut on the die mark efficiencies which...
Granco Clark supplies Aerolite Extrusion Company with a new Double Puller
Aerolite Extrusion Company of Youngstown, Ohio has selected Granco Clark’s Flying Cut Double Puller for their existing aluminum extrusion system. The Granco Clark Double Puller is equipped with two puller heads and a saw on puller head 2 allowing it to provide cut on the die mark efficiencies which...
Mingtai Al. to Raise $122 Mln via private placement for aluminum extrusion project
Henan Mingtai Al. Industrial Co. plans to raise no more than 750 million yuan ($122 million) via private placement to build 20,000-tpy transport aluminum extrusion project, the company said in a statement filed to the Shanghai Stock Exchange on November 7. The project will be located in Xingyang...
Sapa shows automotive in Shanghai
Most of the visitors who stepped into Sapa’s stand at the 2014 SAE-China Congress & Exhibition later stepped out with a better understanding of the latest in automotive aluminium solutions. Sapa shows automotive in ShanghaiThe three-day exhibition at the Shanghai Automobile Exhibition Centre...
EEF and WAE plan extrusion expansions due to increased construction activities
As the construction business booms in the UAE regions, the demand rises for aluminium extrusion products. Two subsidiaries of the Masharie LLC, which is Dubai Investments’ private equity segment, have announced that they will be pursuing expansion plans aggressively. Emirates Extrusion Factory...
SAE launches International Webcast for better use of aluminium extrusion
SAE International offers, “Successful Application of Aluminum Extrusion to Lightweighting Programs,” a free, one-hour webcast that will be held on Wednesday, Nov. 12 at 2 p.m. (U.S. EST). With the forthcoming launch of Ford’s F-150 and Jaguar’s new XE, aluminum has moved into the spotlight for...
China aluminum semis exports rise to 340,000 mt in Sept. 2014
China exported 340,000 mt of aluminum semis in September, up 25.93% YoY and 6.25% MoM, customs data showed. Exports during January-September totaled 2.52 million mt, also up 9.57%. Extrusion exports soared 93.02% YoY to 96,000 mt in September. Exports of plate/sheet and strip also increased 9.21%...
Sapa sells paint operation in Finland
Sapa has sold its painting and aluminium fabrication operation in Finland to Salko Painting Oy. The sale of the Forssa-based plant is part of the restructuring within Sapa’s aluminium extrusion operations in the Nordic countries, following the merger of Sapa’s and Hydro’s extrusion activities in...
China Zhongwang Holdings releases its results for the first three quarters
China Zhongwang Holdings Limited released its results for the first three quarters of 2014. The world’s second largest aluminium extrusion product developer and manufacturer showed a gross profit expansion of 1.0 percent to 28.6% as revenue increased by 12.6% to approximately RMB12.31 billion....
China Aluminum Extrusion Market Prospects Brightened by Transportation Sector
Construction aluminum extruders in Nanhai – China’s top aluminum extrusion production region – are shifting to industrial and decorative aluminum extrusion to capitalize on great demand potential in those two segments, Southcn.com reported on October 28. Construction aluminum accounts for about 70%...
Diehl Ako, Sapa share benefits from technical expertise
Sapa spends more on research and development, and more time on customer training, than any other aluminium extruder. A year ago, Sapa’s Profile Academy provided more than 15,000 hours of technical training to designers, technicians, engineers, product developers and architects all across the world....
Impressive interest in aluminium solutions
Aluminium 2014 in Düsseldorf attracted a record number of visitors, and so did Sapa. “International interest in our aluminium solutions is growing,” says Svein Tore Holsether. Sapa brought a local feel to its international presence at the aluminium trade fair Aluminium 2014, with sales and...
