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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UAE aluminum extrusion market is expected to boom
The UAE aluminum extrusion market is estimated to be in excess of 175,000 metric tonnes (MT), about 35 per cent of the total GCC demand, growing at a CAGR of 8 to 9 per cent for the time period from 2011-17, said a report. With the strategic acquisition of AKFA Aluminium and Plastic, the UAE-based...
DUBAL and EMAL shine at US extrusion expo
By exhibiting jointly at the 10th International Aluminium Extrusion Technology Seminar and Exposition ET ’12, held in Miami, Florida mid-May 2012, the UAE’s two primary aluminium producers Dubai Aluminium DUBAL and Emirates Aluminium EMAL have once again successfully promoted their combined...
Emirates Extrusion aquires aluminium processing plant in Dubai
Emirates Extrusion Factory has bought an aluminium extrusion plant in Dubai, helping to bolster the country's presence at both ends of the metal's production chain. The firm, part of Dubai Investments, said yesterday that it had acquired a state-of-the-art production facility for aluminium extruded...
Midas Wins Two Metro Contracts
Midas Holdings Limited announces that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd has won two metro contacts worth a combined RMB62.2 million from customers in the PRC. The first contract, worth approximately RMB33.7 million, is awarded by CSR Zhuzhou Electric Locomotive...
Vitex Extrusions spends $7 Million for expansion
New Hampshire, USA based Vitex Extrusions has spent $7M on an aluminium extrusion press and production line to double its annual output capacity. The new production line installation completed in December, increased plant output capacity from 18,000,000lbs to 30,000,000lbs/y. The modernised...
Dubal and Emal to shine at 10th International Aluminium Extrusion Technology Seminar and Exposition
The UAE's two primary aluminium producers - Dubai Aluminium 'Dubal' and Emirates Aluminium 'Emal' - will have a joint stand at the 10th International Aluminium Extrusion Technology Seminar and Exposition 'ET '12', which takes place in Miami, Florida, USA, from 15 to 18 May 2012. The ET events, held...
Extruded aluminium cases provide versatile housing for pcbs
Schroff has introduced a new family of extruded aluminium cases, which it says provides a versatile and robust housing for either standardised or non standard pcbs. The minipac enclosures are available in two different versions: the trapezoidal version can accept three boards measuring 50, 60 and...
Abu Dhabi's GHC Plans $1.58 Billion Industrial Investment
Investment in steel, aluminium and pipes; GHC 2011 net 1.5 bln dhs, up 15 percent; GHC appoints BNP Paribas to arrange $600 mln loan Abu Dhabi government-owned General Holding Corporation (GHC) plans to invest 5.8 billion dirhams ($1.58 billion) in the short-term in three industries to boost...
Abu Dhabi extrusion boost
Abu Dhabi government-owned General Holding Corporation (GHC) plans to invest $1.58bn in the short-term in three industries to boost manufacturing. The plans include an $217.7M) downstream aluminium extrusion site. GHC has interests in sectors including steel, oil and gas fabrication, cables, food...
Sapa Extrusions launches a line of rod and bar product
Sapa Extrusions North America has launched a line of rod and bar products available to its distribution partners in North America. Acc-u-Line features dimensional tolerances and grain structure consistency, delivering the industry’s best performance in machinability. Patrick Lawlor, president of...
Dr. Fakhro Receives Balexco CEO
Industry and Commerce Minister Dr. Hassan Fakhro received Bahrain Aluminium Extrusion Company (Balexco) Chief Executive Officer Jassim Mohammed Seyadi and discussed company’s aspirations for the coming period especially in light of large facilities provided by government to stimulate the industrial...
Panel Extrusions from SAF
SAF (Southern Aluminum Finishing Co., Inc.) announces a full line of panel extrusions commonly used to hang, join and secure rainscreen panels for curtainwall applications. SAF Panel extrusions work with the company’s panel wall systems, or may be ordered stock length and finished to meet customer...
Top event seeks papers from aluminium specialists
Aluminium specialists have been invited to submit papers for presentation at the 8th edition of the Aluminium Two Thousand World Congress will be held in Milano, Italy. The event, from May 14 to 18, 2013, is organized by Interall Srl (Aluminium Publications) and promoted by important European...
New Growth Point for China Aluminum Processing Industry in 2012
SMM’s aluminum analyst said on the 7th China Copper & Aluminum Summit that there is still new growth point for China’s aluminum processing industry in 2012 under the context of product structure adjustment. China’s aluminum processing industry develops slower currently. Operating rates at aluminum...
Hydro Expands Fabrication Focus
Hydro has expanded its aluminum fabrication services with more regional technical competence and a new dedicated website. "Customers should benefit from cost savings by obtaining their extrusions and fabrication in one place," said Matthew Dionne, president of Hydro's North American aluminum...
Hydro Aluminum Supports CPV Plant in Latin America
A precision-extruded aluminum framing system manufactured by Hydro, a global supplier of aluminum and aluminum products, has been installed at a 500-kilowatt electric generation facility in Durango, Mexico, the largest concentrated photovoltaic (CPV) solar facility in Latin America. Located about...
Azerbaijan aluminium investment
Azerbaijani energy and construction group Azenco ASC plans to diversify into the aluminium business. It plans to take part in aluminium extrusion operations and will build a dedicated casthouse at the Sumgait Technologies Park (STP), Azerbaijan. Azenco has chosen Wagstaff to supply the greensite...
David McConnell Joins SAF West Sales
SAF (Southern Aluminum Finishing Co., Inc.) announces the hiring of Mr. David McConnell as SAF-West sales account manager for Western states and Western Canada. As soon as David is relocated in California he will be fielding customer service requests for aluminum sheet, extrusion and anodizing...
