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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Southern Aluminum Finishing has started production in its new anodizing plant at Redding
Six years after expanding to Redding, Southern Aluminum Finishing has started production in its new anodizing plant, which will supply commercial builders across the West. The facility in the Mountain Lakes Industrial Park in north Redding has 20 employees and could add up to 20 more this year, SAF...
Chinalco SWA Forge Plant creates new production record
Chinalco Southwest Aluminum Group Co., Ltd’s forge plant grasped key emphasis in work to promote technological innovation and make great efforts to tubing production in 2012, at the end of November the plant’s extrusion workshop production increased 55% yoy, which has broke the former highest...
Alfiniti, Inc. installs new extrusion press at its facility in Winton, NC.
Alfiniti, Inc., a manufacturer of precision drawn tubing, announces the installation of a 2700mt extrusion press at its facility in Winton, NC. The press, complete with extrusion handling system and coilers, will produce extruded profiles, coiled tubing, and micro-channel extrusions for the...
SAF-West Adds Aluminum Extrusions Distribution and Anodizing Service
With the start-up of its batch anodizing line, SAF-West achieves functional parity with SAF's east coast capability. Their Redding, CA, plant operations now include distribution of aluminum extrusions & sheet, and metal fabrication in addition to the newly-added anodizing service. The anodizing...
Al Andalus grows portfolio with latest additions
Al Andalus Holding Company continues to steer ahead with a well-devised growth plan that includes adding the latest and best technologies to its portfolio, which has ensured its success in the building and construction industry. The Saudi-based company is now planning to set up one more extrusion...
Commerce ruling on aluminum extrusions challenged
The Aluminum Extrusions Fair Trade Committee has filed a challenge at the U.S. Court of International Trade over the Commerce Department’s final scope ruling on side-mount valve controls under the anti-dumping and countervailing duty orders on aluminum extrusions from China. The committee claims...
Anti-dump rules in Australia to help local extrusion industries
Tougher anti-dumping laws introduced by the Federal Government are set to make local businesses like Capral more competitive. Capral is Australia's largest aluminium extrusion company and employs almost 300 people at its Bremer Park site. Federal Member for Blair Shayne Neumann said the new...
Sapa's Bright Forecast for US Aluminum Extrusion Products
Apple’s recent announcement to give manufacturing companies in the US some production of its Mac computers has received plenty of media attention as well as excellent analysis of the rationale companies give for re-shoring. MetalMiner recently spoke with Steve Jackson, business development manager...
LB Aluminium net profit increased 39%
Manufacturer and supplier of aluminium extrusion products LB ALUMINIUM BHD said that its net profit for the second quarter (2Q) ended Oct 31, 2012 increased by RM884,000 or 39.4% to RM3.13 million. In an announcement to Bursa Malaysia, LB Aluminium's revenue increased by RM2.85 million or 3.1% to...
Gulf Extrusions receives Gulf Aluminium Council Environmental Awards 2012
Gulf Extrusions, one of the largest aluminium extrusion plants in the Gulf, has received the inaugural Gulf Aluminium Council (GAC) Environmental Awards 2012 under the Downstream Aluminium Companies category. The pioneering winners of GAC Environmental Awards 2012 were feted during an awards...
Zak exhibition to showcase new technology in aluminium extrusions, glass and fenestrations
The most trusted companies from across the world in glass technology, fenestrations and aluminium extrusions will come together once again at India’s leading construction solutions exposition in Delhi at the Zak Exhibition. The exposition is scheduled from 14th to 16th December 2012, at Pragati...
Hydro completes expansion project in China
Hydro has doubled the size of its aluminium tubing plant and opened the doors of its new same-site extrusion facility in China. The extension is aimed toward meeting local demand for industry-leading products and solutions in the largest downstream aluminium market in the world. Hydro opened its...
MISUMI Announces West Coast Availability of Aluminum Extrusions
MISUMI USA, Inc., a subsidiary of MISUMI Corporation, part of MISUMI Group, Inc., announced today the addition of its expansive line Aluminum Extrusions and accessories to its West Coast Distribution Center. Typical applications for aluminum extrusions include: safety guarding, enclosures, work...
China Zhongwang Net Profit Surges By 108.4%
China Zhongwang Holdings Limited, the second largest industrial aluminium extrusion product developer and manufacturer in the world and the biggest one in Asia and China, announced the unaudited results for the nine months ended 30 September 2012 (the "review period"). The Group achieved...
Senior Project Manager for Sapa's North American Technical Center Appointed
Officials at Sapa Extrusions North America announce that Alex Chen, Ph.D., has been appointed to senior project engineer of Sapa’s North American Technical Center. A specialist in thermal science and analysis, Chen brings extensive experience to Sapa’s technical expertise in the design and...
Hydro Aluminum to add fabrication capabilities to its Phoenix plant
Hydro Aluminum is adding fabrication capabilities to its Phoenix, Arizona, extrusion and remelting plant in order to create an integrated fabrication center, the company said Tuesday. The company said it wanted to improve overall service to its North American customers and this expansion is the...
Tredegar buys aluminum extrusion manufacturer
Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100-percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment. The purchase price of about $50.8 million was funded using financing under Tredegar`s existing $350 million credit...
China Aluminum Semis Exports Down in January-August
According to China Customs, China exported 8,570 mt of aluminum stranded wire in August, down 29.95% YoY. YTD exports from January through August were 87,136 mt, up 17.92% YoY, topping the seven major aluminum semis in terms of year-on-year growth. SMM statistics show that China exported 1.89...
