Hungary will raise the maximum fine for serious environmental violations by large manufacturers to 5 billion forints (USD 16 million) under new measures to strengthen environmental oversight across industries, including EV battery manufacturing, recycling, and decommissioning. The changes come as...
Germany and Italy have long been closely linked in Europe’s aluminium extrusion trade. Italy remains a significant source of extruded aluminium for the German market, but the flow has changed considerably over the past few years. The latest numbers raise an interesting question: is Germany simply...
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The downstream and end-user segments of the aluminium industry delivered a diverse mix of developments, ranging from corporate earnings and infrastructure-led demand growth to changing electric vehicle sales patterns and new manufacturing technologies. Aluminium processors benefited from stronger...
CMR Green Technologies has moved ahead with its public listing at a time when several companies have delayed IPO plans due to volatile market conditions. The INR 6,300 million (USD 66.16 million) issue is a pure offer-for-sale (OFS), with no fresh issue component, and is also the first mainboard...
Thatcham Research has launched a new aluminium welding certification programme aimed at helping vehicle repair technicians work on modern aluminium vehicle structures, including megacast components. The certification has been introduced as vehicle manufacturers increasingly adopt...
Constellium SE and Ryerson Holding Corporation are drawing investor attention as aluminium prices remain elevated amid global economic uncertainty and trade tensions. Strong demand for lightweight electric vehicles, recycled aluminium, rechargeable batteries and aerospace applications continues to...
Alcoa Corporation continues to benefit from strong demand in its aluminium business, supported by the packaging, electrical and transportation sectors. The company’s aluminium production capacity has increased following the restart of the San Ciprián smelter in Spain, Alumar in Brazil and Lista in...
China's daily gasoline consumption in May is projected to fall over 10 per cent compared with the same period last year, partly due to high prices constraining the downstream demand, aside sustained substitution of electric vehicles, according to OilChem's data. In detail, China's gasoline demand...
A group of UK companies is developing a new battery recycling system designed to recover critical materials from used electric vehicle batteries without relying heavily on overseas processing. The initiative, called ReCAM, brings together the UK Battery Industrialisation Centre, Watercycle...
JKL Investment has fully exited its investment in Sama Aluminium, recovering around KRW 70 billion (USD 47.4 million) and more than doubling its initial investment. In January 2023, the firm invested about KRW 32.1 billion (USD 21.8 million) in the company. It did this through equity and...
India is planning to build a strategic reserve of critical minerals to meet six months of local demand. The step addresses rising fears of supply cuts and wild price swings. Ministries of mines and heavy industries plan to stockpile critical minerals. These include lithium, cobalt, nickel, copper,...
Ford Motor has faced pressure due to rising aluminium and gas prices, but Union Bank of Switzerland (UBS) says the concerns may be greater than actual risks. UBS upgraded Ford’s rating from neutral to buy and kept its price target at USD 15, suggesting about 23.4 per cent upside. The bank said...
Henan Zhongfu Industrial is planning to invest about USD 2 billion to build an aluminium production plant in Egypt, according to an official statement. The plan was discussed during a meeting in Cairo between company chairman Cui Hongsong and Prime Minister Mostafa Madbouly. Officials from the Suez...
India is increasing its focus on renewable energy further, owing to the rising tensions in the Middle East, which create concerns about fuel supply. The country depends on imports for about 80 per cent of its oil and gas, now exposed to global risks. It also relies heavily on imports of key...
A global aluminium shortage is likely to lower electric two‑wheeler margins in India, as prices close to four‑year highs push up production costs and lead to some price hikes. Supply problems in the Gulf and higher commodity prices put pressure on EV affordability, while makers try to manage costs,...
China is taking further steps to bring order to lithium-ion battery recycling, with a new policy issued by the Ministry of Industry and Information Technology together with the All-China Federation of Supply and Marketing Cooperatives. Published on April 3 and reported by IT-Home, the guidance...
Aluminium Bahrain (Alba) reduced aluminium output by 19 per cent and stopped some deliveries because it could not ship through the Strait of Hormuz. Qatalum stopped production after the gas supply was disrupted following attacks on the energy infrastructure. The conflict in the region has disrupted...
Toyota is advancing its circular manufacturing strategy in the UK by feeding aluminium recovered from end-of-life vehicles into new engine components for Corolla production. Don’t miss out- Buyers are looking for your products on our B2B platform At Toyota Motor Manufacturing UK’s Burnaston plant...
According to Growth Market Reports , the global colour-coated aluminium coil market size in 2024 stands at USD 7.8 billion, exhibiting a robust growth trajectory with a CAGR of 6.2 per cent during the forecast period from 2025 to 2033. By the end of 2033, the market is expected to reach...
The EU-imposed definitive anti-dumping and countervailing duties ranging from 15.4 per cent to 28.5 per cent on products under CN code ex 7607 11 19 are expected to run until December 9, 2026. The EU duties on Chinese aluminium converter foil came into effect in December 2021, as an effort to...
