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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Court upholds ruling on anti-dumping duties for Curtainwall
The U.S. Court of International Trade upheld a ruling from the Department of Commerce that found curtainwall units and other parts of a curtainwall system were subject to the aluminum extrusion Antidumping and Countervailing Duty orders. In April 2011, the DOC imposed countervailing duties of 8.02...
Delhi’s Sapa Extrusions plans to expand its workforce
Sapa Extrusions of Delhi, largest private employer in northeastern Louisiana Delta, is planning to expand its payroll. The aluminum manufacturer and Knight Transportation, its contract hauler, have planned a job fair on Feb. 15 to be held at the Delhi Civic Center. There will be 40 new job openings...
Sapa Profiles eyes acquisitions
Even as it is doubling production at its Kuppam unit, Sapa Profiles India, a leading global manufacturer of aluminium extrusions, is actively scouting for acquisition opportunities in the country. The company is looking to buy firms engaged in the aluminium extrusion business in the northern and...
Manufacturer agrees to pay fine for violating False Claims Act to avoid import duties on Chinese aluminum extrusion
On November 14, 2013, the Department of Justice announced that Ohio-based Basco Manufacturing Co. (Basco) agreed to pay $1.1 million to resolve allegations that it violated the False Claims Act by submitting false customs declarations to avoid paying duties on aluminum extrusion from China that at...
Pennex to expand aluminum extrusion plant in Ohio
Pennex Aluminum Co. has announced its plans to undergo a $33 million expansion project of Leetonia, Ohio, aluminum extrusion facility. Headquartered in Wellsville, this industrial aluminum scrap recycling company plans to start this project that includes installation of construction of specialized...
“Indian market offers a lot of potential for aluminium extrusions.The real challenge is to convert these potential into real business.” Mr.Kshemendra Nath, MD, Sapa Profiles India.
AlCircle team had the pleasure of meeting Mr. Kshemendra Nath, Managing Director, Sapa Profiles India Ltd during Zak Aluminium Extrusion Expo in Mumbai in December 2013. The Sapa Group, a joint venture owned equally by Orkla ASA and Hydro AS is the world’s largest manufacturer of aluminum...
EEF to boost production line at Dubai plant
Emirates Extrusion Factory (EEF), a leading aluminium extrusion company in the UAE, plans to add a new production line at its aluminium extrusion plant in Techno Park, Dubai at an investment of Dh13 million ($3.53 million). A subsidiary of Masharie C, the private equity arm of Dubai Investments,...
Alba continues to focus on value-added support for worldwide customers
Aluminium Bahrain B.S.C. (Alba) continues to add value to its customer services across regional and global markets by implementing superior customer technical support services and initiatives, which in turn boost the company's productivity. Alba's Metallurgy, Laboratory & Customer Technical Support...
Aluminium frame-maker expands storage
SUS (Thailand) Co recently completed its warehouse expansion project in the northern province of Lamphun to cope with demand for its aluminium extrusion frames and parts. "Our production is growing at over 20 per cent a year," president Yasuo Ishida said yesterday. Aluminium has been increasingly...
Entries Sought for 2014 Aluminum Extrusion Design Competition
The Aluminum Extruders Council and the ET Foundation, the educational and scientific organization devoted to promoting and advancing aluminum extrusion processes and technologies, are seeking entries for the 2014 International Aluminum Extrusion Design Competition. The competition is divided into...
Inspection team of Liaoyang Municipal Party Committee visits China Zhongwang
Representatives from Liaoyang Municipal Party Committee recently made a site visit to China Zhongwang, examining the progress of innovative industrialization and urbanization. The inspection team was seeking to obtain a deeper understanding regarding China Zhongwang's production plants, in...
AEC Joins with CRU for Aluminum Industry Conference
The Aluminum Extruders Council (AEC) is pleased to announce that the 2014 Annual Meeting & Leadership Conference will be collocated with CRU Group’s Aluminum Industry Trends Conference in March at The Biltmore Hotel in Coral Gables, Florida, USA. The collocated programs, featuring comprehensive...
P&A International focuses on high quality to provide aluminium extrusions at lower costs
P&A International is a leading name in extrusion and die cast manufacturing, thanks to its continuous focus on quality and affordability. P&A International understands the nuances of the business and helps their customers leverage their rich experience in the field by guiding them and providing...
Zhongwang plans to raise funds for Tianjin aluminium project
China’s top aluminium extrusion products maker Zhongwang plans to raise about 4.23 billion yuan ($690 million) for an aluminium extrusion project in Tianjin. The Hong Kong-listed company intends to raise the money through share allocation, it said in a statement on Thursday. Zhongwang announced in...
Shenyang customs visits China Zhongwang
Recently, Mr. Wang Ning, Party Secretary and Commissioner of Shenyang Customs, led his team to visit China Zhongwang. During the visit, the research team toured around the Group's showroom, aluminum alloy railway vehicles body production plant, aluminum deep-processing centre plant, smelting and...
China Zhongwang gets approval to set up Aluminium Alloy Extrusion Processing Laboratory
China Zhongwang obtained co-approval from Liaoning Provincial Science and Technology Department and Liaoning Provincial Finance Department to set up "Liaoning Provincial High-end Aluminium Alloy Extrusion Processing Laboratory." The lab represents combined efforts of the industry, academia and...
Tredegar officials confirm Bonnell staffing changes
A small number of top employees from Bonnell Aluminum were let go last week, according to officials with the Newnan industry's parent company, Tredegar Corporation in Richmond, Virginia. 'Unfortunately, from time to time, market conditions require us to make staffing reductions, despite our efforts...
Erbslöh acquires US extrusion press company
Bowers Manufacturing Company in Portage, Michigan, USA was taken over by Erbslöh as of 1 November 2013. Erbslöh is a company with long tradition. It is located in Velbert, Germany and belongs to the WKW automotive group. In future the new production facilities will supply extruded products to their...
