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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FACTORY AUTOMATION - Smart cameras solve a pressing problem
Silver City Aluminum (Taunton, MA, USA) has been producing extruded aluminum products since 1952. Offering shorter tooling times at a lower cost than other metal forming methods, the extrusion process is straightforward. Billets of aluminum are fed into the extrusion machine, pressed into a die,...
Sapa Profiles improves on N. American mart
Sapa Profiles, owned by Norway’s Orkla ASA, posted stronger year-to-date revenues thanks largely to its North American aluminum extrusion business. Sapa Profiles’ operating revenues totaled 18.9 billion Norwegian kroner ($3.48 billion) in the first nine months of 2011, up 17 percent.
Sapa adding 30 jobs
Sapa Extrusions, one of the northeastern Louisiana Delta's largest private employers, will create up to 30 new jobs and open a second facility in Delhi early next year, plant manager Ron Ballman said Friday. "We see this as an exciting opportunity to grow our business and our relationship with the...
Kaiser cut back in 3d qtr. at Kalamazoo
Kaiser Aluminum Corp. significantly scaled back production at its Kalamazoo, Mich., extrusion plant for a few weeks in the third quarter in response to service centers destocking, the company’s top executive said. "Destocking caught us a little bit flat-footed, and we curtailed operations at...
Aluminum Extrusions are Better for Solar Frame Structures
The Aluminum Extruders Council (AEC) has released the results of a study that confirms the material and economic advantages of using extruded aluminum for solar structural framing applications. Material, fabrication, transportation and field assembly costs were estimated and vetted for use in the...
Alumil: Lapse of the right to the dividend for fiscal year 2005
Alumil – Aluminium Industry S.A. informs its shareholders that on 31.12.2011, the five year period, during which the dividend for fiscal year 2005 can be collected, expires. Following the above mentioned date, dividends not collected by shareholders will lapse in favor of the Greek State, in...
Benteler Aluminum expanding Holland, Michigan, extrusion operations
Benteler Aluminum is expanding its aluminum extrusion operations in Holland, Michigan,a $7.6 million project which is expected to boost the plant's capacity by about 10%, the plant manager said Thursday. The facility,which Benteler, a privately owned German company, bought two years ago, produces...
Miniature Extruded Aluminum Enclosures have sealed end panels
Available in 6 sizes from 2.95 x 1.73 x 0.94 in. to 4.72 x 2.63 x0.75 in., MINITEKAL SK sealed enclosures consist of extruded aluminum case body with 2 molded ABS end panels assembled by 8 self-tapping screws. Typical applications will include small handheld measurement devices, low power radio...
Aluminium extrusions are better
The Aluminium Extruders Council (AEC) has released the results of a study that confirms the material and economic advantages of using extruded aluminium for solar structural framing applications. Material, fabrication, transportation, and field assembly costs were estimated and vetted for use in...
Hydro turns its attention to fabrication
Norsk Hydro ASA plans to significantly expand the fabrication division within its extrusion group with an eye toward developing downstream business. Matthew Dionne, North American extrusion sector president, is spearheading the company’s fabrication efforts, a Hydro spokesman told AMM. "Hydro is...
Weak aluminum extrusion price in Tokyo
Aluminum extrusion market price is flat with potential weakness at around JPY 715 per kilogram for aluminum alloy bar for A5056B, JPY 780 for free cutting bar for A2011B and JPY 545 for shape for A5056B around Tokyo. The dealers built up the aluminum extrusion inventory through June. Some dealers...
Jindal Aluminium to set up Rs 500cr foil plant
Jindal Aluminium will invest Rs 500 crore to set up a factory for making foils and sheets near its existing extrusion facility in Bangalore, a top company official said today. "The plant will come up near our plant in Bangalore. It will go on stream by March next year. We are investing Rs 500 crore...
AEC Study Finds Advantages to Using Aluminum for Solar Frames
The Aluminum Extruders Council (AEC) has released the results of a study that confirms, not surprisingly, the material and economic advantages of using extruded aluminum for solar structural framing applications. Material, fabrication, transportation, and field assembly costs were estimated and...
Taber Extrusions Offers Machine Shops Competitive Advantage and Cost Savings with Precision Extrusion Practices
As the U.S. manufacturing industry seeks innovative techniques to stay relevant in a technology-driven marketplace, keep costs down for customers, and remain competitive in a somewhat fragmented market, "American-made" Taber Extrusions has announced several extrusion capabilities for U.S.-based...
Ethiopia and UAE to build aluminum extrusion plant jointly
Gulf General Investment Company, a Dubai based conglomerate whose net worth is about 3.7 billion dollars and M2K Business Services, a local company, are jointly planning to set up an aluminum extrusion plant at the outskirts of Addis Ababa. The extrusion plant which is planned to be constructed at...
North American aluminium extrusion shipments jump 6.4% year-on-year
Aluminium extruded product shipments by North American producers totalled 264.7 million lb, or 120,067 tonnes, in August, up by 6.4% from 248.9 million lb in the same month last year, according to Aluminium Association data.
Family firm sets sights on Laos
MT Alumet, one of Thailand's leading manufacturers of aluminium extrusions, is beefing up its domestic and global expansion and is set to diversify into mining and drinking water in Laos. Executive director Jainnisa Kuvinichkul says the Thai-owned company is investing 200 million baht to raise...
YANCAN Import ten thousand tons level Aluminum Profile Extrusion Press
YANCAN imported a ten thousand tons level aluminum profile extrusion press from S MS Meer, Germany,and this kind of extrusion press is with advanced technology. This will make YANCAN the leading enterprise in oversize diameter, oversize section hard alloy extrusions. This equipment can produce...
