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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Aluminium requirements for MeerKAT to benefit Hulamin
A little while back, MeerKAT radio telescope project manager Willem Esterhuyse gave a presentation on the estimated aluminium and steel requirements for MeerKAT and the bigger Square Kilometre Array (SKA). These radio telescope projects will delve into the evolution of the galaxy, the universe and...
Gulf Extrusions unveils new corporate logo
Gulf Extrusions, a leading global manufacturer of extruded aluminum products, recently unveiled its new corporate logo depicting its renewed and highly focused motivation to move ‘forward and upwards’ at an event in Dubai. The launching of the logo forms part of an extensive and holistic rebranding...
Extrusion for greener aluminum recycling
Aluminum recycling has become a successful business since its inception a century ago. Nearly a third of the aluminum produced in the United States is made from aluminum scraps that have been recycled in a process—usually remelting—that uses only 5 to 10 percent of the energy it takes to extract...
Another expansion for Postle Aluminum
This will be Postle Aluminum Co.'s third expansion in eight years. Even though most of the Elkhart-based company's largest clients are located nearby, it chose to make this more than $12.5 million expansion at its Cassopolis plant on Edwards Street. The company broke ground earlier this month and...
Operating rates at aluminum extrusion producers to inch down in July
SMM expects the average operating rate at construction aluminum extrusion producers during July to fall by 3.5% MoM to 67%. The average operating rate at industrial aluminum extrusion producers in July will remain essentially unchanged from June’s 47% given continued sluggish condition in the...
NH Aluminum Extrusion Company launches new website
Vitex Corporation, a New Hampshire based aluminum extrusion manufacturer has recently launched a new website and announced extensive facility improvements and optimizations for 2013. Two years ago in the midst of a crippling economic recession for businesses across the country, Franklin, NH based,...
Commerce rules on aluminum extrusion duty orders
The Commerce Department,s International Trade Administration (ITA) has determined that curtain walls from Tesla Wall Systems and boat and dock ladders from Asia Sourcing Corp. are not subject to anti-dumping and countervailing duty orders on aluminum extrusions from China. However, the ITA...
Bonnell Aluminum obtains ISO/TS 16949 certification for automotive quality management
Bonnell Aluminum, a subsidiary of Tredegar Corporation, announced that it has achieved the International Organization for Standardization / Technical Specification (ISO/TS) 16949 certification for its Newnan, GA facility. Developed by the International Automotive Task Force (IATF) and the ISO...
Japan's aluminum demand for home repairs to surge 57% by 2022 as condos hit 60
Japan's demand for aluminum extrusion for aging residential building repair is forecast to surge 57% in 2022 from the volume required in 2012, the country's Kenchiku Kaiso Kyokai or Building Repair Association said Friday. A boom in high-rise condominium construction in the early 1960s will result...
Postle Extrusion takes up $12.5 million expansion plan at Cassopolis plant
Postle Extrusion has taken up a $12.5 million expansion plan for Cassopolis plant. It was announced last week by Sen. John Proos, R-St. Joseph, that the parent company, Postle Aluminum, had received a $400,000 Community Development Block Grant from the Michigan Strategic Fund. Postle Aluminum CEO...
Midas wins RMB44.3 million Metro contract from CNR Changchun
Midas Holdings Limited has announced that its subsidiary, Jilin Midas Aluminium Industries Co., Ltd has won a RMB44.3 million contract from CNR Changchun Railway Vehicles Co., Ltd for Changchun Metro Lines 1 and 2. Under the terms of the contract, Jilin Midas will supply aluminium alloy extrusion...
Orders in sharp contrast for big and small players in aluminium extrusion sector
SMM survey found that orders at small and medium construction aluminum extrusion producers fell in June with faltering consumption. Large producers, in contrast, reported ample orders. Consumption of construction aluminum extrusion is driven by construction projects and distribution networks....
Aluminum Extruders Council applauds indictment of extrusion smugglers
The Aluminum Extruders Council on Tuesday commended the recent arrest and indictment of five people and three companies who conspired to smuggle Chinese aluminum extrusions into the US with the intent to fraud the country of around $26.7 million in antidumping and countervailing duties. “It is...
AEC and AAI announce extrusion shipments and end uses for 2012
The Aluminum Extruders Council (AEC) and The Aluminum Association, Inc. (AAI) on Wednesday announced that domestic consumption of aluminum extrusions in the United States and Canada totaled an estimated 4.05 billion pounds in 2012, an increase of 5.8 percent over the revised 2011 total of 3.83...
Operating rates at Chinese aluminum extrusion producers to fall in June
SMM’s survey of domestic aluminum extrusion producers found that operating rate at construction aluminum extrusion producers in May remained high at 74.17%. The operating rate at industrial aluminum extrusion producers was stable at 54.25%. SMM expects operating rates at both construction and...
Power Savings Pay off at P&A International Aluminium Extrusion Plant
Die casting and extrusions firm P&A International has significantly cut power costs at its China-based facility. As a leading manufacturer, P&A International’s long-term strategy for remaining competitive includes goals for using energy more efficiently. In 2013, P&A International conducted a power...
US-based Crystal Finishing Systems expanding
Citing a growth in business, the head of central Wisconsin aluminum extruder and fabricator Crystal Finishing Systems said Wednesday the company is expanding its operations, with plans to install up to five presses and other equipment at a newly acquired manufacturing plant. "We're going to install...
Canadian Trade Tribunal initiates probe on aluminum extrusions from China
The Canadian International Trade Tribunal initiated an expiry review of its findings made on March 17, 2009, in Inquiry No. NQ-2008-003, and as amended on February 10, 2011, in Inquiry No. NQ-2008-003R, concerning the dumping and subsidizing of aluminum extrusions from the People’s Republic of...
