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Novelis qualifies Rusal aluminium alloys for car body production
01 DEC 20112MINS

Novelis qualifies Rusal aluminium alloys for car body production

Rolling aluminium billets produced at Russian aluminium producer Rusal's smelters have been successfully qualified by Novelis, the world's largest producer of aluminium rolled products, Rusal said Wednesday. Rusal is also working on qualification of its products by auto manufacturers BMW and...

Europe aluminum alloy smelters eye Japan for spot sales; spark no interest
28 NOV 20112MINS

Europe aluminum alloy smelters eye Japan for spot sales; spark no interest

Secondary aluminum alloy smelters in Spain and Italy are seeking to sell spot cargoes to Japan, but buying interest has been limited so far due to differences in ingot size specifications, Japanese market sources said Monday. Two Tokyo-based trading houses said they had received offers for ADC12...

Aluminium body seeks duty on Chinese imports
21 NOV 20112MINS

Aluminium body seeks duty on Chinese imports

The government must not allow imports of aluminum products, particularly from China, without significant value addition. The pricing of such products should not be less than similar products that are domestically available. Also, these imports should attract a significant duty to protect the...

Sundaram Clayton net rises 73% on higher exports
09 NOV 20111MINS

Sundaram Clayton net rises 73% on higher exports

Buoyed by increase in volume of business from the export markets, aluminium die-castings manufacturer Sundaram Clayton has posted a 73 per cent year-on-year increase in second quarter net profit at Rs 16.39 crore. Net sales for the quarter rose 27 per cent to Rs 240.79 crore, over the corresponding...

China to Remain No. 1 Scrap Aluminium Importer Next 5 Years
08 NOV 20111MINS

China to Remain No. 1 Scrap Aluminium Importer Next 5 Years

(China Aluminium Network) China will remain the world’s largest scrap aluminium importer for the next 5 years because of booming demand from the auto industry, an official of Chinalco said on Thursday. China’s demand for scrap aluminium totaled 3.9 million tons last year, 27% of them from the...

Superior Industries (SUP) Posts Quarterly Earnings Results, Misses Estimates By $0.18 EPS
31 OCT 20112MINS

Superior Industries (SUP) Posts Quarterly Earnings Results, Misses Estimates By $0.18 EPS

Superior Industries (SUP) announced its quarterly results on Friday. The company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.18. The company’s quarterly revenue was up 12.7% on a year-over-year basis. Shares of Superior Industries...

Nissan sets industry-leading recycled targets
27 OCT 20111MINS

Nissan sets industry-leading recycled targets

Nissan has revealed that it is to commit 70% of its engineering budget to environmental projects. In its mid-term environmental plan covering the next six years, the Japanese carmaker is focusing on three areas of development: a reduction in its carbon footprint, a shift to renewable energy and an...

PSA working with aluminium for weight reduction of core models
24 OCT 20112MINS

PSA working with aluminium for weight reduction of core models

PSA will increase the use of aluminium in its vehicle range by 2020 as it seeks to reduce weight and improve powertrain fuel efficiency. The OEM is working on a five-year plan to develop new grades of aluminium, while seeking to use the material more widely in its vehicle development by 2020. PSA...

NALCO Launches Aluminium chequered sheets for automobile industry
24 OCT 20112MINS

NALCO Launches Aluminium chequered sheets for automobile industry

National Aluminium Company Limited (NALCO), the Navratna PSU under the Ministry of Mines, has added another product to its portfolio with the launch of aluminium chequered sheets. NALCO's smelter at Angul in Orissa has started production with thickness ranging from 0.60 mm to 3 mm. The new product...

Benteler Aluminum expanding Holland, Michigan, extrusion operations
21 OCT 20111MINS

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...

Hero MotoCorp up on strong results; how will it play ahead?
20 OCT 20111MINS

Hero MotoCorp up on strong results; how will it play ahead?

The street gave a thumbs up to Hero MotoCorp ’s second quarter results as net profit accelerated better-than-expected 19.4% year-on-year to Rs 604 crore and sales rose a robust 28% to Rs 5,784 crore. The stock hit a high of Rs 2,086.25, up over 4% in morning trade. Auto sales have slowed down this...

Rane Group says diecast arm will turn profitable this year
19 OCT 20112MINS

Rane Group says diecast arm will turn profitable this year

Auto parts manufacturer Rane expects its loss-making aluminium diecast subsidiary to turn around this year. Rane Diecast Ltd was set up in 2006 to cater to American partner TRW’s global requirements of machined aluminium die-castings. The subsidiary has an integrated plant in Hyderabad. For the...

Henan Linzhou Auto Industry,Unceasing Development & Expansion
14 OCT 20111MINS

Henan Linzhou Auto Industry,Unceasing Development & Expansion

Henan Linzhou Auto Industry through 30 years unceasing development and expansion has became nationwide auto parts casting base. The special purpose motor vehicles largely improve their products standards and fill the city’s gap in this field,and also mark transformation from auto parts assembly to...

Aluminum and steel slug it out to become the lighter, stronger metal for cars
10 OCT 20113MINS

Aluminum and steel slug it out to become the lighter, stronger metal for cars

The federal government's quest to double the average car's fuel economy by 2025 has intensified the long-running battle between steel and aluminum producers over one of their biggest customers. Both industries are pouring millions of dollars into new mills capable of making the lighter, stronger...

SCRAP REACHES FLOOR, EYES Q1 DEMAND
10 OCT 20112MINS

SCRAP REACHES FLOOR, EYES Q1 DEMAND

Scrap input prices have come down over the past couple of months and have "found a floor," said an Italian alloy producer, adding: "It's not possible to push prices down any further otherwise we will be suffering again." Prices for scrap in Germany were said to be flat. Scrap buyers would be...

Iron ore shortage unlikely to trigger shift to aluminum castings
07 OCT 20112MINS

Iron ore shortage unlikely to trigger shift to aluminum castings

Sundaram Clayton does not see the short supply of iron ore triggering a major shift from iron castings to aluminum castings, given the high cost differential. Mr CN Prasad Group President and CEO of Sundaram Clayton said that “It may happen to some extent, but iron ore shortage will not be the...

Vehicles will continue to be lighter
30 SEPT 20112MINS

Vehicles will continue to be lighter

Automotive makers will continue to reduce the weight of vehicles in a bid to reduce emissions. Companies speaking at the Aluminium in Automotive conference in Birmingham, UK said they had to meet EU legislation which states all new cars built after January 1, 2012 will have a CO2 emission level of...

 Automotive production record
29 SEPT 20112MINS

Automotive production record

Three UK automotive companies achieved record output in 2010, despite the fragile economic situation. Nissan, Morgan and Rolls Royce (BMW) all posted record outputs that year from their respective UK plants, Professor Garel Rhys told the Aluminium in Automotive Conference, in Birmingham UK. Nissan...