Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
Bocar Group has achieved ASI Performance Standard V3.1 (2023) with Provisional status for the manufacture of aluminium parts for the automotive industry at three of their facilities across Mexico: AUMA S.A. de C.V. in Chihuahua, AUMA Saltillo S.A. de C.V. (AUSAL) in Saltillo, and Bocar Lerma S.A....
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Walter has acquired PDQ Workholding LLC (PDQ), a Columbia City, IN-based workholding fixtures and tooling specialist. This strategic move bolsters Walter’s portfolio, particularly in workholding products, catering primarily to customers across the Americas. The acquisition aligns with Walter’s...
In June 2024, alumina production in South America reached its highest level in six months, totalling 1.045 million tonnes. This figure represents a 2.85 per cent increase from the previous month and a 19.29 per cent rise compared to June 2023. Notably, this production level reflects a sharp...
TAB Bank, a technology-driven, online bank serving small businesses, recently announced a $27.8 million credit facility for a southern California aluminium extrusion manufacturer as part of its commitment to providing business support during challenging times. The package, comprising a $20 million...
An attempt to list Novelis Inc. on the U.S. stock market is now projected for 2025, according to Satish Pai, Managing Director of Hindalco Industries Ltd. This follows the postponement of the aluminium subsidiary's initial public offering, which was originally scheduled for 2024 but was delayed in...
Pea Ridge Recycling has announced its recent strategic acquisition of Pontotoc Aluminum Recycling in Mississippi. This new addition, now operating under the banner of Pea Ridge Metals, is situated at the corner of West Reynolds Street and South Columbia Street. The acquisition marks a significant...
Novelis Inc., an American industrial aluminium company that has etched its name in flat-rolled product manufacturing and recycling, announced the first quarter results for FY2024-25, which ended June 30. The results revealed robust earnings growth, led by a double-digit increase in beverage...
Aluminium Stewardship Initiative (ASI) announced that Alcoa was recently recertified with the ASI Performance Standard V3. The recertification was provided for Alcoa’s Aluminerie de Bécancour Inc. and Aluminerie de Deschambault facilities in Canada, encompassing Aluminium Smelting, Casthouse, and...
In a rare joint statement, Catherine Cobden, President and CEO of the Canadian Steel Producers Association, and Jean Simard, President and CEO of the Aluminium Association of Canada, have raised concerns over the growing impact of Chinese overcapacity on Canadian markets. The two leaders...
Gebhart Holdings, Metal Source's parent company, has announced the acquisition of Imperial Aluminum's assets in Scottsboro, Alabama. This strategic purchase marks Metal Source's first location outside Indiana, enhancing its capabilities and market reach. However, the financial details of the...
Schupan's JP Processing Centre has officially opened its doors, marking a significant step toward making Kalamazoo a more environmentally friendly community. The centre aims to convert old aluminium into usable raw material, thereby reducing the carbon footprint of aluminium production. Kalamazoo...
Chicago-based startup Diamond Brew has made its debut in the US as the nation's first brewless coffee, revolutionising the instant coffee market. This innovative product comes in a unique hexagon-shaped aluminium pod and offers a premium barista experience. Douglas Yu, the visionary founder of...
LS Cable & Systems, a South Korea-based industrial corporation with global operations and one of the biggest cable manufacturers worldwide, has announced the commencement of construction on two new factories in Querétaro, Mexico. These facilities will focus on producing bus ducts—a modern...
The United States imports of aluminium crude metals and alloys in May 2024 reflected a decline of 18.18 per cent month-on-month to return to the import volume seen in March. Compared to a year ago, the United States aluminium crude metal and alloy imports in May plunged by 33.66 per cent. According...
Data revealed by the International Aluminium Institute indicates a year-on-year increase in both North and South America's primary aluminium production during the first half of 2024. Even amid occasional declines in some months, primary aluminium output in North America rose by 4.35 per cent, while...
Given the high demand for local suppliers of steel, aluminium and its alloys, the Ministry of Economy of Nuevo León and the Chain of Industry Producers in Mexico (CAPIM) are working to enhance the value chain. Nuevo León, officially the Free and Sovereign State of Nuevo León, is a state in...
Ardagh Group, a global supplier of infinitely recyclable metal and glass packaging for the world’s leading brands, announced its results for the second quarter (Q2) ended June 30, 2024. Revenue for the three months ending June 30, 2024, rose by $4 million to $1,259 million, up from $1,255 million...
According to the US Census Bureau survey, the United States' primary aluminium production demonstrated a slight change in monthly trend during May 2024, reflecting an increase of 2,000 tonnes or 3.64 per cent. However, on an annual basis, the output in May extended its declining movement by 8,000...
According to a report by Ball Corporation, the USA recycles only about 45 per cent of the beverage cans consumed by its citizens. Since the USA consumes more than 80 billion cans per year, that's an awful lot of cans in litter and landfill. They dug up that landfill in 1000 years, and that can will...
