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Downstream aluminium segments present growth opportunities for primary producers in Turkey
18 JUL 20162MINS

Downstream aluminium segments present growth opportunities for primary producers in Turkey

The aluminium manufacturing market in Turkey is slated to grow at a compound annual growth rate of 3 per cent over the period 2015-2020, according to a recently published market report. A leading metals and minerals industry expert noted that rapid urbanization will likely boost investments in the...

UC RUSAL and HEBEI JOY SENCE CABLE sign joint venture agreement
06 JUL 20163MINS

UC RUSAL and HEBEI JOY SENCE CABLE sign joint venture agreement

UC RUSAL, a leading Chinese aluminium alloy cable manufacturer, announce the signing of an agreement to establish the joint venture ‘JSC RUSAL-HEBEI JOY SENSE CABLE Special Aluminium Products Co. Ltd. Investments’. At this stage, the Partners will invest USD 1 mln dollars and will make further...

Hindalco Q4 net profit more than doubles to Rs 356 crore
30 MAY 20162MINS

Hindalco Q4 net profit more than doubles to Rs 356 crore

Aluminium maker Hindalco today said its standalone net profit more than doubled to Rs 356 crore for the quarter ended March 2016 helped by growth in sales of value-added products as well as cost efficiencies. The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 160 crore in...

Rising demand from APAC to keep aluminium rods market buoyant until 2019
04 APR 20162MINS

Rising demand from APAC to keep aluminium rods market buoyant until 2019

The global aluminium wire rods market is slated to grow at a CAGR of around 2 per cent during 2015-2019, revealed data released in a recently published market analysis. The increased investments in infrastructure are driving the growth of this market. Developing economies such as India are heavily...

Speculation over substituting aluminum for copper in wire & cable overdone
08 JUN 20151MINS

Speculation over substituting aluminum for copper in wire & cable overdone

Speculation is running high that aluminum will replace copper in wire & cable now that China’s new standards for aluminum alloy cable will take effect September 1. However, the new standards will do little in boosting aluminum applications in wire & cable, Shanghai Metals Market believes. State...

China aluminum wire and cable operating rate to rise to 58% in May
22 MAY 20151MINS

China aluminum wire and cable operating rate to rise to 58% in May

The average operating rate at Chinese aluminum wire & cable producers is expected to rise to 58% in May on growing demand, Shanghai Metals Market foresees. State Grid has ramped up power grid construction since April with the weather getting warmer, a trend that is expected to continue until the...

VHE announces new order of rodding plant machines
09 FEB 20151MINS

VHE announces new order of rodding plant machines

VHE of Iceland is delighted to announce a new order for rodding plant machines for a North American smelter. Three machines to be delivered mid-2015 comprise a stub straightener, a rod straightener and an anode-rod mating station. VHE has supplied a number of stub straighteners to smelters...

Ducab Aluminium starts construction of aluminium rod manufacturing plant
23 DEC 20141MINS

Ducab Aluminium starts construction of aluminium rod manufacturing plant

Ducab Aluminium Company is setting up a news aluminium rod and conductor facility in Kizad, announced the Abu Dhabi Ports Company (APDC). In May this year, the Musataha lease agreement was signed between Ducab and APDC and now the foundation is laid to start the construction of the facility so that...

Siemens aluminum rod mill sold to Southwire for end user Dubai Cable Co.
08 JUL 20142MINS

Siemens aluminum rod mill sold to Southwire for end user Dubai Cable Co.

Siemens Metals Technologies has received an order from the Southwire Company, Carrollton, Georgia, USA, to supply an aluminum rod system for wire and cable producer Dubai Cable Co. (Ducab) of Dubai, United Arab Emirates. The new mill will be located in Taweelah, Abu Dhabi, with commissioning...

A Strategic Outlook for Aluminium in the Electrical & Electronics Sector to 2022
17 APR 20142MINS

A Strategic Outlook for Aluminium in the Electrical & Electronics Sector to 2022

Global Information Inc. announces the addition of a new market research report "A Strategic Outlook for Aluminium in the Electrical & Electronics Sector to 2022" at GIIResearch.com This study provides a comprehensive review of the market for aluminium in the Electrical & Electronics (E&E) sector in...

UC RUSAL to invest over usd5.5 million in Aluminium-Zirconia wire rod production
15 APR 20142MINS

UC RUSAL to invest over usd5.5 million in Aluminium-Zirconia wire rod production

RUSAL/RUAL, a leading, global aluminium producer, announces investment of over USD5.5 million in aluminium-zirconia wire rod production. The first samples of high-tech products have already been certified by consumers. This is the first innovative wire rod production for electric power industry to...

Tianjin Jinhe Bimetal’s aluminum wire rod project comes online
05 DEC 20131MINS

Tianjin Jinhe Bimetal’s aluminum wire rod project comes online

Tianjin Jinhe Bimetal Wire Co. put online its 100,000-tpy aluminum wire rod production line recently, Inner Mongolia Daily reported today. The newly-commenced production line is the 1st phase of the company’s 300,000-tpy aluminum wire rod project, with products mainly used for electrical purpose....

Jiangnan Group wins tenders for UHV power cables
25 NOV 20131MINS

Jiangnan Group wins tenders for UHV power cables

China’s leading power cable producer Jiangnan Group Ltd. has won tenders for ultra high voltage (UHV) power cables in a total contract sum of 91 million yuan ($15 million). Jiangnan Group has been awarded with contracts from the subsidiaries of the State Grid Corp. of China in Nanjing, Xuzhou,...

Aluminum wire and cable producers to expand marketing outside power grid against tightening liquidity
19 NOV 20131MINS

Aluminum wire and cable producers to expand marketing outside power grid against tightening liquidity

Aluminum wire and cable producers in China are looking to expand marketing outside the power grid as the year-end liquidity crunch draws nearer, Shanghai Metals Market (SMM) has learned. New settlement terms from the State Grid Corporation of China (SGCC) have exacerbated cash flow problems at...

Rusal's Kandalaksha plant to produce electrical wire rods
14 NOV 20132MINS

Rusal's Kandalaksha plant to produce electrical wire rods

The more than 60 year old Rusal smelter in Kandalaksha located in the southern part of the Murmansk Oblast shines bright in the Arctic landscape. The plant buildings look nicely renovated and the lawn separating the production facilities is as well kept as in the finest city park. "We take prestige...

Tentiwal wire files DRHP on BSE SME
10 OCT 20132MINS

Tentiwal wire files DRHP on BSE SME

Tentiwal Wire Products has filed a DRHP on BSE SME platform to raise a little more than R2 Cr by issuing 1630000 equity shares of R13 each. The net proceeds will be utilized to reduce overall indebtedness of the Company by repayment of the outstanding loan from Aditya Birla Finance Ltd and for...

Senaat and Ducab in joint Abu Dhabi aluminium rod venture
03 OCT 20133MINS

Senaat and Ducab in joint Abu Dhabi aluminium rod venture

Senaat, the industrial conglomerate, and Ducab, the power cable maker, are linking up to open a Dh220 million aluminium rod mill in Abu Dhabi, providing a boost to the emirate’s strategy to develop a downstream industrial heartland. Based in Khalifa Industrial Zone (Kizad), the facility will make...

Trimet to acquire two Rio Tinto Aluminum plants
29 JUL 20132MINS

Trimet to acquire two Rio Tinto Aluminum plants

The German aluminum producer Trimet has agreed to acquire two of Rio Tinto’s aluminum plants in France. The plants had become high-cost producers, and Rio Tinto had been seeking to sell the facilities as a way to reduce its overall costs. The two facilities are located in Saint-Jean-de-Maurienne...