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Aleris International opens new aluminum mill in Belgium
18 MAR 20132MINS

Aleris International opens new aluminum mill in Belgium

Beachwood aluminum company, Aleris International, opened its biggest European expansion in years on Thursday, a $70 million plant in Duffel, Belgium. The new plant, which employs nearly 1,000 people, makes wide sheets of aluminum for the auto industry. Automakers can stamp out huge body panels from...

Aluminum SA secures commercial license for power plant
15 MAR 20131MINS

Aluminum SA secures commercial license for power plant

Southeastern Europe?s largest aluminum producer Aluminum SA has secured a long-awaited commercial license for its cogeneration power plant, allowing it to sell electricity on the Greek market, the chairman of the conglomerate that owns the company said. "We have a license. It has taken us five...

Aluminij Mostar said it may have to close down due to weak market
15 MAR 20131MINS

Aluminij Mostar said it may have to close down due to weak market

Bosnia's sole aluminium smelter Aluminij Mostar said it may have to close down if it continues to make losses in a weak market beset with slumping demand and rising energy costs. The country's top exporter, which sells most of its aluminium into the depressed European construction and auto...

Trimet in talks to buy two French Rio aluminum plants
15 MAR 20131MINS

Trimet in talks to buy two French Rio aluminum plants

Trimet Aluminium AG, Germany’s biggest producer of the lightweight metal, said it’s in discussions with Rio Tinto Group to buy two smelters in France. “We are in talks,” Martin Iffert, chief executive officer of Trimet, said by phone, declining to give further details. An official for Rio in London...

Aluminum prices depressed economic data
13 MAR 20132MINS

Aluminum prices depressed economic data

Aluminum prices depressed. China's industrial production data were disappointing, raising fears the market would demand for industrial metals, including aluminum will remain weak. Price of aluminum for three-month delivery on the London Metal Exchange (LME), Monday (11/3), fell 0.69% to U.S. $...

Alufoil Trophy 2013 winners demonstrate ideas for new products and markets
13 MAR 20132MINS

Alufoil Trophy 2013 winners demonstrate ideas for new products and markets

Great ingenuity to create innovative products, some with the potential to take alufoil into new markets, underlined the entries for the Alufoil Trophy 2013. Practicality was combined with style and creativity across all sectors. So good was the quality of entries that the judges were challenged to...

Hydro expands automotive capacity
13 MAR 20132MINS

Hydro expands automotive capacity

After expansion, this annealing facility AL2 will be able to produce up to 50,000 metric tons of aluminium car body strip annually for a European market for aluminium car body components that is expected to boom by 15 to 20 per cent each year between 2011 and 2018. The AL2 line in Grevenbroich....

Constellium, whose owners include Apollo, Rio Tinto plans IPO
13 MAR 20131MINS

Constellium, whose owners include Apollo, Rio Tinto plans IPO

Apollo Global Management backed company Constellium, which makes aluminum products for the aerospace and transportation industry, is starting to interview banks for an initial public offering, according to two sources familiar with the situation. The company, based in Paris, is 51 percent owned by...

Global Market view on Aluminium
12 MAR 20132MINS

Global Market view on Aluminium

LME three months prices were trading below $2,000/t at the time of writing. Sentiment remains weak amidst the potential turmoil in the Eurozone caused by the gridlock in Italian general elections, the US government sequester coming into effect on March 1, and disappointing data out of China. In the...

Q2 aluminium demand stable but spot prices high in Europe
11 MAR 20133MINS

Q2 aluminium demand stable but spot prices high in Europe

Spot aluminum alloy prices crept higher in Europe this week as a number of buyers secured April and second-quarter supplies. Standard grade 226,the main traded recycled aluminum,rose by Eur10 ($13.03) to Eur1,700/mt and above in Germany, Europe's key market. The Platts assessment for 226 moved up...

MAL to be liquidated by Nemzeti Reorganizációs
11 MAR 20131MINS

MAL to be liquidated by Nemzeti Reorganizációs

MAL Hungarian Aluminium Ltd is to be dismantled by state-owned liquidator Nemzeti Reorganizációs Nonprofit by court order, the National Development Ministry said on Wednesday. The firm behind the lethal “red mud” toxic waste spill of October 2010 has been in an impossible financial position since...

Befesa, a secondary bauxite mine in Europe produces a secondary mineral similar to bauxite
11 MAR 20132MINS

Befesa, a secondary bauxite mine in Europe produces a secondary mineral similar to bauxite

Befesa Reciclaje de Escorias Salinas is the Befesa division that recycles salt slags, a waste produced by the secondary aluminium industry. Befesa produces three products from salt slags. Firstly it produces aluminium concentrates and smelting salts that are fed back into the secondary aluminium...

Norsk Hydro contemplates building new aluminium plant in Norway
07 MAR 20132MINS

Norsk Hydro contemplates building new aluminium plant in Norway

Norwegian aluminium maker Norsk Hydro said on Thursday it may build a new test plant at its site in Karmoey in western Norway with a capacity of 70,000 tonnes per year. If built, the firm plans to test new, more energy-efficient production technology at the plant. It said conditions for producing...

Norsk Hydro May Sell Unused Electricity as Aluminum Prices Slump
05 MAR 20133MINS

Norsk Hydro May Sell Unused Electricity as Aluminum Prices Slump

Norsk Hydro ASA, Europe’s third- biggest aluminum supplier, may resell power it bought from Vattenfall AB as it cuts production amid falling prices for the metal. Norsk Hydro may sell on a portion of the 18 terawatt-hours of electricity it committed to buy in 2008, Halvor Molland, a spokesman for...

Romanian aluminium maker Alro posts loss
01 MAR 20131MINS

Romanian aluminium maker Alro posts loss

Romania’s aluminium producer Alro Slatina, controlled by Russian – owned Vimetco, ended 2012 on a loss, EUR 38.4 million, after an EUR 49 million profit in 2011. The reported data is preliminary and unaudited. This is the first time Alro posts a loss after its 2002 privatization. “External,...

HARBOR expects increasing aluminum sourcing challenges in 2013
28 FEB 20132MINS

HARBOR expects increasing aluminum sourcing challenges in 2013

HARBOR expects the global primary aluminum market to experience in 2013 its seventh consecutive surplus (609,000 tons vs 485,000 tons in 2012 ). China should be effectively a balanced market with a surplus of only 124 ktons, while we expect the Rest of the World (RoW) to experience a surplus of 485...

Aluminum Falls as Commodities Slide due to euro-area debt crisis
27 FEB 20132MINS

Aluminum Falls as Commodities Slide due to euro-area debt crisis

Aluminum fell for a seventh session in London as commodities slid amid concern that the euro-area debt crisis might worsen, following an inconclusive election in Italy. The Standard & Poor’s GSCI Spot Index of 24 raw materials fell to the lowest since Jan. 17. China, the biggest aluminum consumer,...

Sixty jobs to go with the closure of Anglesey Aluminium
25 FEB 20132MINS

Sixty jobs to go with the closure of Anglesey Aluminium

Local politicians warned of a jobs crisis on the island with confirmation that the Penhros plant will stop operations within two months, with 20 workers kept on until the site is sold. The Holyhead smelting operation shut in 2009 with the loss of nearly 400 jobs. The remaining 80 staffs have been...