NewsEuropePage 183

Grow with
AL Circle

KNOW MORE
Changing dynamics in the European aluminium markets after the Brexit revolution- A talk with Maurizio  Sala, President, Amafond (Italian Foundry Suppliers’Association)
28 JUN 20165MINS

Changing dynamics in the European aluminium markets after the Brexit revolution- A talk with Maurizio Sala, President, Amafond (Italian Foundry Suppliers’Association)

We agree that “the UK’s decision to leave the EU has sent shockwaves through the continent, and the secondary aluminium industry has no idea how this decision will affect business – even among those in the UK who voted for Brexit”. Industry participants across Europe echoed these sentiments...

Brexit's possible effect on world metal prices: LME and SME Aluminium plummet
27 JUN 20162MINS

Brexit's possible effect on world metal prices: LME and SME Aluminium plummet

Britain's exit from the European Union is now a given. The British people have voted by a narrow majority 51.8/48.2 to leave the EU. What happens now to the UKl and to the world economy is pretty uncertain. David Cameron, Britain’s Prime Minister, has already made it official that he will step...

Sapa sells Cuprochimique to European Metal Supplies
27 JUN 20162MINS

Sapa sells Cuprochimique to European Metal Supplies

Norway’s Sapa Group announced Saturday that it has divested itself of metal trading company Cuprochimique NV. Belgian firm European Metal Supplies NV are the new owners of Cuprochimique as of Wednesday, June 22. “Together with Cuprochimque we will strengthen our position in the market by expanding...

More demand for aluminium foil for flexible packaging in Europe
24 JUN 20161MINS

More demand for aluminium foil for flexible packaging in Europe

First quarter results for aluminium foil deliveries from European suppliers showed positive growth in domestic demand, after a sustained period of mixed or declining results. Exports, however, remain under pressure due to strong competition from non-European producers, the European Aluminium Foil...

Kirkby Tyres launches Accuride forged aluminium wheels for the European market
23 JUN 20161MINS

Kirkby Tyres launches Accuride forged aluminium wheels for the European market

Kirkby Tyres, “one of the largest stockists of truck trailer and industrial wheels in the UK and Ireland," is introducing Accuride forged aluminium wheels for the European market, a brand that occupies top supply positions to American OEMs. The long established brand, manufactured in USA for over...

Aleris names Jack Govers to lead its European Business & Global Aerospace and Automotive
22 JUN 20162MINS

Aleris names Jack Govers to lead its European Business & Global Aerospace and Automotive

Aleris Corporation announced today that it has appointed Jack Govers executive vice president, president of Europe and Global Markets. In this role, Govers will oversee all aspects of the European business as well as the company's global automotive and aerospace strategy. Govers joined Aleris on...

EU clears path for Ball, Rexam acquisition to proceed
21 JUN 20162MINS

EU clears path for Ball, Rexam acquisition to proceed

The European Union on Monday, June 20, cleared packaging company Ardagh SA’s roughly $3.42 billion acquisition of assets belonging to Ball Corp. and Rexam PLC, clearing the way for the aluminium beverage can-makers’ merger. The European Commission, the bloc’s antitrust agency, said in a statement...

WBMS: Primary aluminium market records deficit
21 JUN 20162MINS

WBMS: Primary aluminium market records deficit

The World Bureau of Metal Statistics (WBMS) has published the Metals Balances Report for the first four months of the current year. The global primary aluminium recorded marginal deficit during Jan-Apr ’16. The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that...

Herchenbach to supply semi-permanent aluminium structures for Siemens' projects in Europe
20 JUN 20162MINS

Herchenbach to supply semi-permanent aluminium structures for Siemens' projects in Europe

Siemens has signed a partnership deal with temporary structures specialist Herchenbach to provide semi-permanent warehouses and workshops constructed out of aluminium to projects in Europe. In a bid to reduce transport costs for heavy components in need of repair, Siemens is taking the workshop to...

Base metals to fall after rising this week, SMM says
20 JUN 20162MINS

Base metals to fall after rising this week, SMM says

Base metal prices are expected to rise at first, and then drop this week, Shanghai Metals Market foresees. “A series of risky events will be released later this week, and risk aversion sentiment will grow as the week progresses,” SMM says. Key Macroeconomic Indicators for Base Metal Prices:...

Amcor flags plant closures as ‘likely’
17 JUN 20162MINS

Amcor flags plant closures as ‘likely’

Global packaging giant Amcor has flagged the likelihood of plant restructures and closures following its recent $450m profit impairment. The company revealed plans to ‘streamline the organisation’ stating it will ‘likely result in the restructuring or closure of several plants in developed...

MetalMatters to showcase infinite recyclability of aluminium in Luton
17 JUN 20161MINS

MetalMatters to showcase infinite recyclability of aluminium in Luton

In a bid to reduce the amount of metal packaging sent to landfill, MetalMatters campaign supported by Rexam targets 79,355 households. It includes a series of leaflets, online advertising, social media posts and posters have been developed carrying the ‘make your metals matter’ messaging to educate...

Risk-on sentiment lifts aluminium to highest since May 5
17 JUN 20161MINS

Risk-on sentiment lifts aluminium to highest since May 5

Aluminium hit its highest level in nearly six weeks on Wednesday and copper also jumped as the dollar dipped and investors bought more risky assets ahead of a Federal Reserve meeting. All the metals on the London Metal Exchange were swept higher, also getting a boost as some speculators closed out...

China primary aluminium production down in April
16 JUN 20161MINS

China primary aluminium production down in April

Chinese primary aluminium production down by 2 per cent month-on-month to 2.569 million metric ton during April this year, as compared to 2.620 million metric ton in March, as per the latest figures released by the International Aluminium Institute. According to IAI, global primary aluminium...

Constellium showcases its innovative aluminium defense solutions at Eurosatory 2016
14 JUN 20162MINS

Constellium showcases its innovative aluminium defense solutions at Eurosatory 2016

Constellium N.V. is showcasing its innovative aluminium defense solutions at Eurosatory 2016, the world’s largest exhibition of land and air-land defense and security. The exhibition is currently being held in Paris, France. For the last four years, Constellium has been expanding its global armor...

Scholz streamlining its Stockach aluminium recycling business
14 JUN 20161MINS

Scholz streamlining its Stockach aluminium recycling business

Germany’s Scholz Group has continued the process of streamlining its portfolio by selling its aluminium recycling business ScholzAlu Stockach GmbH, which is based at Stockach on Lake Constance. All of the shares have been purchased by investors advised by Orlando Management AG. Employing 160...

Alro invests $53 mln in increasing energy and equipment efficiency
14 JUN 20162MINS

Alro invests $53 mln in increasing energy and equipment efficiency

Alro, the largest aluminium producer in Continental Europe (excluding Russia and Scandinavia) has an investment program of over USD 53 million, for 2016, focused on increasing energy and equipment efficiency and on expanding portfolio, increasing competitiveness and product quality. The general...

Czech Republic rolls out specially designed aluminium shelters for expeditionary troops
13 JUN 20162MINS

Czech Republic rolls out specially designed aluminium shelters for expeditionary troops

Czech Army troops deployed on expeditionary undertakings may soon be fielding modular aluminium shelters that feature protection against small-arms fire and splinters under an initiative led by the Military Research Institute in Brno. Under development since 2014, the existence of these...