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Granting China MES will be ‘catastrophic’, aluminium industry warns
10 AUG 20162MINS

Granting China MES will be ‘catastrophic’, aluminium industry warns

<p>If the European Commission grants China Market Economy Status (MES) the consequences for the EU aluminium sector will be enormous, an industry group has said. The EU executive said last month that it would focus on new measures to tackle Chinese dumping and illegal subsidies, but won&rsquo;t...

AMAG signs in Primetals to upgrade drive technology at its Ranshofen plant
10 AUG 20161MINS

AMAG signs in Primetals to upgrade drive technology at its Ranshofen plant

<p>Austria based AMAG rolling has roped in Primetals Technologies to upgrade the drive technology on the four-high cold rolling stand at its Ranshofen facility, in order to enhance availability. Under the scope of the deal, Primetals will be supplying the motors, converters and converter...

Kazakh Aluminium Smelter seals six-year agreement for €3 MM
08 AUG 20162MINS

Kazakh Aluminium Smelter seals six-year agreement for €3 MM

<p>Natural resources firm Eurasian Resources Group (ERG) has entered into an agreement with financial services firm VTB Group to finance a six-year aluminium supply worth an estimated &euro;3 million (US$3.3 million).<br /><br />VTB Capital has reportedly already released an advance payment for the...

Aleris reports Q2 and H1 results: net loss drops, end user demand stable
05 AUG 20163MINS

Aleris reports Q2 and H1 results: net loss drops, end user demand stable

<p>Aleris Corporation reported results for the Second Quarter and First Half ended June 30, 2016.<br />Though Aleris is making net loss consecutively, net loss decreased to $13 million in the Q2 2016 from $19 million in Q2 2015. Adjusted EBITDA was $65 million for Q2 2016 compared to $60 million in...

AMAG Austria reports record increase in shipment volumes in Q1
03 AUG 20163MINS

AMAG Austria reports record increase in shipment volumes in Q1

<p>AMAG, a leading supplier of high-quality aluminium cast and flat rolled products in Austria for a number of industries like aerospace, automotive, sports equipment, lighting, mechanical engineering, construction and packaging has reported the results of H1 2016.</p> <p>Highlights:</p> <p>&nbsp;...

Demand for packaged beverages to drive market for aluminium-coated liquid packaging cartons
01 AUG 20162MINS

Demand for packaged beverages to drive market for aluminium-coated liquid packaging cartons

<p>According to a recent market report published by Persistence Market Research on global market for packaging cartons, the revenue generated from sales of liquid packaging carton market has been estimated to be valued over US$ 12.0 billion by 2016 end, and is projected to increase at a CAGR of 5.5...

Nexans announces H1 Results: WINDLINK® solution launched using low-voltage aluminium cables
29 JUL 20162MINS

Nexans announces H1 Results: WINDLINK® solution launched using low-voltage aluminium cables

<p>Nexans ended the first half of 2016 on a buoyant note. A pioneer in renewable energies, the group notched up quite a few commercial successes in its key business areas. <br /><br />In the energy infrastructure sector, it won a contract worth around &euro;245m connect the Beatrice Offshore Wind...

Building system automation to drive global aluminium market for building and construction
28 JUL 20162MINS

Building system automation to drive global aluminium market for building and construction

<p>According to Technavio&rsquo;s recently published market report, the global aluminium market for building and construction sector is slated to grow at a CAGR of 6.31 per cent during the period 2016-2020.<br /><br />Analysts have segmented the worldwide aluminium market for building and...

European group buys Rexam Beverage Can facility in Winston-Salem
27 JUL 20163MINS

European group buys Rexam Beverage Can facility in Winston-Salem

<p>A Winston-Salem aluminum can packaging plant has a new owner, Ardagh Metal Beverage USA Inc., as part of a divestiture required for a multi-billion dollar transaction to gain federal regulatory approval.<br /><br />Ardagh, a subsidiary of Ardagh Group SA of Luxembourg, paid $7.63 million for the...

New LIBS sorting system developed for aluminium and other non-aluminium metals recycling
26 JUL 20163MINS

New LIBS sorting system developed for aluminium and other non-aluminium metals recycling

<p>SMEs and research organisations in the EU-funded SHREDDERSORT project have developed and demonstrated a new industrial sorting system to separate non-ferrous shredder scrap into cast aluminium (Al), wrought Al, and non-Al categories. Compared to the unsorted material, the sorted categories are...

Chinese CITIC Group to build aluminium car wheel manufacturing plant in Bulgaria
25 JUL 20162MINS

Chinese CITIC Group to build aluminium car wheel manufacturing plant in Bulgaria

<p>China's state-owned company CITIC Group is planning to start producing aluminium car wheels in Bulgaria, the Bulgarian government said in a release on Friday.<br /><br />A plan was presented to this effect by CITIC in the Danube town of Ruse last week. The conglomerate detailed its plan to...

Novelis announces executive leadership appointments
22 JUL 20163MINS

Novelis announces executive leadership appointments

<p>Novelis, the world leader in aluminum rolling and recycling, today announced a number of senior executive moves to further meet the needs of its customers and to continue to deliver high-quality, innovative products to the marketplace. Emilio Braghi has been named Senior Vice President, Novelis...

EU should not grant China MES until it becomes a market economy: European Aluminium
21 JUL 20162MINS

EU should not grant China MES until it becomes a market economy: European Aluminium

<p>The European Commission proposed a deal for the steel sector in exchange for granting China the much sought after Market Economy Status (MES). This approach was debated by the College of Commissioners on July 20. <span id=":j7.co" class="tL8wMe EMoHub" style="text-align: left;"...

Aleris signs multi-year supply contract with Airbus for aluminium products
20 JUL 20162MINS

Aleris signs multi-year supply contract with Airbus for aluminium products

<p>Aleris has enetred into a new multi-year contract with Airbus to supply a range of aluminium products such as plate and sheet for use in the making of all Airbus aircrafts. The contract, to be effective from 2017 onward, also includes the supply of high-end wing skin material by Aleris.</p>...

Chinese overcapacities in steel and aluminium create unfair distortions on the EU market
19 JUL 20162MINS

Chinese overcapacities in steel and aluminium create unfair distortions on the EU market

The European Commission is considering a deal for the steel sector in exchange for granting China the coveted Market Economy Status (MES). This approach, likely to be debated by the College of Commissioners on 20 July, ignores the enormous Chinese overcapacities in industries like aluminium and...

AMAG signed multiyear contract with Airbus
18 JUL 20162MINS

AMAG signed multiyear contract with Airbus

AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products for highly varied industries such as the aircraft, automotive, construction and packaging industries, announced the signing of a multiyear supply contract with Airbus in Toulouse, where AMAG will...

Portuguese aluminium alloy frame maker readies to start production next year
16 JUL 20161MINS

Portuguese aluminium alloy frame maker readies to start production next year

Triangle’s, the new aluminium bicycle and e-bikes frames manufacturer in Portugal, is all set to start its production in October, next year. Before production begins, the bike maker wants to fine-tune its two fully automated, robotized production lines. In March 2017, it will install machinery for...

AEGIS Europe seeking govt support to save European aluminium from China’s overcapacity
15 JUL 20163MINS

AEGIS Europe seeking govt support to save European aluminium from China’s overcapacity

AEGIS Europe, a consortium of about 30 European manufacturing associations said at a recent meet that it is looking ahead to receiving enhanced support from the European leaders in guarding domestic industries and workers against Chinese dumping onslaughts. This follows the discussions held at the...