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Novelis celebrates roofing ceremony for its $250 million aluminum recycling plant in Germany
10 JUN 20132MINS

Novelis celebrates roofing ceremony for its $250 million aluminum recycling plant in Germany

Novelis on Wednesday celebrated the roofing of its $250 million aluminum recycling and casting center at its plant in Nachterstedt, Germany, with building construction partner Köster GmbH. Located adjacent to the company’s existing aluminum rolling mill, the new center will produce up to 400,000...

Novelis boosts production for automotive sector
10 JUN 20132MINS

Novelis boosts production for automotive sector

A revolution has been quietly going on in the aluminum industry. While growth has been broadly positive across most sectors, rolled aluminum sheet used for automotive applications has been experiencing double-digit growth. Novelis, the world’s largest roller of aluminum sheet for the automotive...

European Commission imposes duties on Chinese solar panels
07 JUN 20132MINS

European Commission imposes duties on Chinese solar panels

The European Commission on Tuesday imposed anti-dumping duties on imports of Chinese solar panels, defying German-led opposition and dire warnings from Beijing the move could spark a trade war. The European Commission has decided unanimously to impose (punitive) tariffs” on Chinese solar panels,...

Constellium considers divestiture of Ussel, France plant
06 JUN 20131MINS

Constellium considers divestiture of Ussel, France plant

Constellium announced that it is exploring the sale of its Ussel, France plant, which specializes in precision castings. Constellium informed the employee representative bodies for the plant during a meeting with the Works Council in France of the potential divestiture. The Ussel plant has...

Volkswagen AG revs up heavy truck push after seven years in neutral
05 JUN 20131MINS

Volkswagen AG revs up heavy truck push after seven years in neutral

Volkswagen AG will look to jump-start a stalled seven-year effort to forge Europe’s biggest truckmaker tomorrow when it gains full control of struggling MAN SE. (MAN) So far, VW has little to show for the 15 billion euros ($20 billion) of shares it holds in MAN and Sweden’s Scania AB. (SCVB) A vote...

Italy to host premier event for global aluminium industry in June 2014
05 JUN 20132MINS

Italy to host premier event for global aluminium industry in June 2014

METEF organizes tenth edition of ITA – METEF/FOUNDEQ/METALRICICLO at Veronafiere, Italy, from 11 to 13 June 2014. The three day event is dedicated to the aluminium and innovative metals production chain. METEF will present opportunities for visibility and business at Veronafiere, one of the top...

OpenGate Capital acquires aluminium extrusion business from Constellium
04 JUN 20132MINS

OpenGate Capital acquires aluminium extrusion business from Constellium

OpenGate Capital, LLC, a global private buyout firm, announced yesterday it has acquired Constellium Extrusions, a highly specialized manufacturer of extruded aluminum profiles with operations in Saint-Florentin and Ham, France. Constellium, is divesting the business as part of an on-going strategy...

Danieli announces order from Novelis
03 JUN 20131MINS

Danieli announces order from Novelis

Danieli Centro Recycling, based in Buttrio, Italy, a division of Danieli Group, has announced several recent recycling equipment projects. In the recent development, the company announced that it has been awarded a contract to supply three DCR 1822 aluminum shredding recycling lines with downstream...

FinnvedenBulten AB rejigs aluminium & magnesium die casting operations to improve profitability
31 MAY 20131MINS

FinnvedenBulten AB rejigs aluminium & magnesium die casting operations to improve profitability

As part its long term strategy FinnvedenBulten AB's long-term strategy and improve profitability for die cast components, the Finnveden Metal Structures division intends to streamline its factory in Sweden to be earmarked for aluminum die casting and by concentrating its European magnesium die...

Alcoa downgraded to junk status in ratings
31 MAY 20131MINS

Alcoa downgraded to junk status in ratings

Ratings agency Moody's Investors Service has downgraded US aluminum giant Alcoa by one notch to junk status due to falling prices and slow growth in China and Europe. Moody's on Wednesday cut Alcoa's senior unsecured debt and corporate family ratings to Ba1 from Baa3. It, however, said the...

European aluminium alloy spot prices remain flat irrespective of a well-supplied market
29 MAY 20131MINS

European aluminium alloy spot prices remain flat irrespective of a well-supplied market

European aluminum alloy spot prices remained flat this week as both monthly and quarterly consumers keep the pressure on in a well-supplied market. Producers have been pushing in vain to increase spot levels for the key grade of secondary aluminum, standard 226, above Eur1,700/mt ($2,189/mt) and...

Alcoa wins Aluminum Industry Leadership Award 2013
28 MAY 20131MINS

Alcoa wins Aluminum Industry Leadership Award 2013

Alcoa won the Industry Leadership Award for Aluminum at the Inaugural Platts Global Metals Awards, sponsored by Platts, a leading global provider of energy, petrochemical and metals information. Alcoa was recognised for taking decisive action resulting in a substantial transformation or change of...

Novelis to boost automotive sheet production in Europe
28 MAY 20131MINS

Novelis to boost automotive sheet production in Europe

Novelis Inc. is adapting its plant in Goettingen, Germany, to meet growing demand for recyclable aluminum automotive sheet. The Goettingen plant will produce 20,000 tonnes of automotive sheet per year following the first phase of its expansion and double that capacity in a planned second phase....

Alufoil achives production growth on all fronts
28 MAY 20132MINS

Alufoil achives production growth on all fronts

Aluminium foil production showed growth across all gauges for the first time in the first quarter of 2013 since mid-2011. Overall first quarter production grew by 3.7% to 209,400t as compared to 201,900 in 2012. Exports from European manufacturers maintained the momentum seen in the later part of...

EU reviews policies to revive aluminium industry
27 MAY 20131MINS

EU reviews policies to revive aluminium industry

The European Commission expects to complete a review by October of ways to help Europe's struggling aluminium industry, looking at policies such as on import duties and long-term power contracts. About 2 million tonnes of aluminium production have been shut down in Europe since the 2008 financial...

Change to the scope of the production upgrade project of Rio Tinto Alcan in Iceland
23 MAY 20131MINS

Change to the scope of the production upgrade project of Rio Tinto Alcan in Iceland

Rio Tinto Alcan in Iceland has informed Landsvirkjun of a change to the scope of the ISAL Production Upgrade project for the company‘s aluminium plant in Straumsvik, Iceland. The initial plan anticipated that the annual production capacity of the aluminium plant would increase by 20% from 190...

DUBAL and EMAL to tap potential European market
22 MAY 20132MINS

DUBAL and EMAL to tap potential European market

Dubai Aluminium and Emirates Aluminium target growth in market share within the European market. Since its first forays into the region in 1996, DUBAL has developed long-term partnership relationships with customers that have driven consistent growth in the company's sales volumes into Europe,...

IMF urges Montenegro to close aluminum plant to cut debt
22 MAY 20132MINS

IMF urges Montenegro to close aluminum plant to cut debt

Montenegro should shut down the loss-making aluminum plant that is the country's biggest single industrial employer to stem a sharp rise in its public debt, the International Monetary Fund said. The partly state-owned Kombinat Aluminijuma Podgorica (KAP) factory produced 120,000 metric tons of the...