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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Novelis Inc., an American industrial aluminium company and an independent subsidiary of Hindalco Industries Limited, reportedly aims to raise $945 million in a US IPO by selling 45 million shares for $18-21 each. This IPO may even generate $1.08 billion of capital for Novelis if the green shoe...
Austria's IMR Metal Powder Technologies and US-based KBM Advanced Materials have joined forces to sell and distribute IMR's aluminium metal powders for additive manufacturing (AM). Through KBM's unique metal powder marketplace and extensive distribution network in North America (NA), IMR's...
Canada-based Westlake Royal Building Products has unveiled an exclusive update to its Cedar Renditions aluminium siding line. The company is introducing two unique new colours: Burntwood, with a classic appeal and distinct stained woodgrain appearance, and Blonde Oak, a high-end option showcasing...
SAG México, a prominent Tier 1 supplier of lightweight components for original equipment manufacturers (OEMs) in North America, operates two advanced production facilities in Tlalnepantla and Monterrey, employing over 470 skilled professionals. In response to rising demand, SAG México has secured...
WinTech of Missouri, a producer of construction industry materials, has acquired Pocahontas Aluminum Company, a window and door manufacturer located in Pocahontas. Established in 1963, Pocahontas Aluminum Company produces materials for various industries, including modular homes, food trucks, and...
Kobe Steel, Ltd. has disclosed its decision to incorporate green aluminium materials into aluminium extrusion and suspension products supplied to Nissan Motor Co., Ltd. Initially, commencing in fiscal 2024, the green metal will be used for Nissan's mass-produced vehicles meant for the Japanese and...
Ball Corporation has strategically sold its aerospace business to BAE Systems, resulting in a pre-tax gain of $4.7 billion. This move has enabled Ball to pay down $2.8 billion in debt and initiate a $1.3 billion share repurchase program. The sale propelled the company’s shares to a 21-month high...
In response to a plea from the American Red Cross, Anheuser-Busch has delivered a truckload of over 50,000 aluminium canned emergency drinking water to residents in East Texas. This aid aims to bolster support amidst ongoing severe weather and flooding that has besieged multiple counties in the...
In response to the United States' decision to hike tariffs on Chinese aluminium and steel, Canada has made a firm commitment to shield its market from becoming a secondary channel for diverted Chinese products. As the U.S. increases tariffs on specific Chinese imports to 25% from 7.5%, affecting...
The month of April' 24 witnessed a 21.7 per cent increase in vehicle production in Mexico compared to last year's period, reaching a record high of 358,575 units. According to data from the National System of Statistical and Geographical Information (INEGI), eight assembly companies ramped up their...
Vista Metals has recently completed the construction of its seventh aluminium casthouse at Adairsville, Georgia. This achievement marks a pivotal point in the company's extensive $100 million long-term capital strategy and constitutes the second phase of the initiative. The newly established...
Mexico has reportedly lifted tariffs on aluminium imports from certain countries that do not have sufficient supplies. As per the report, Mexico has revoked a 35 per cent tariff on primary unalloyed aluminium and a 20 per cent tariff on primary alloy that were placed in late April to check imports...
Wisconsin Aluminum Foundry (WAF) has begun new chapter of expansion with the acquisition of ATEK Metal Technologies, an esteemed Iowa-based aluminium castings manufacturer. This acquisition not only signifies growth but also embodies a nostalgic return to roots, intertwining the legacies of both...
Fernando Garcia Martinez, vice president of operations at Mexican aluminium institute IMEDAL, said that the entire light metal supply chain is being impacted, with premiums rising, including in the United States. Under a side agreement within the United States-Mexico-Canada Agreement (USMCA),...
The US Geological Survey's latest data showed the United States’ domestic primary aluminium production trended down during the first two months of 2024, while scrap recovery surged suggesting the country's constant shift to recycled aluminium from the primary metal. Image courtesy: USGS Scrap...
Alfiniti Inc. has made a significant stride in solidifying its position as a premier provider in the aluminium tube industry with the recent acquisition of Alabama Tube Corporation. This strategic move underscores Alfiniti's commitment to diversifying its product line and enhancing its capabilities...
Switzerland-based GF Casting Solutions has unveiled plans to invest over $184 million in a cutting-edge manufacturing facility in Augusta, Georgia. This announcement marks the third major development in Augusta-Richmond County within the past fortnight, following Syensqo and StandardAero. The new...
Raufoss Technology Canada unveils an $18 million investment initiative at its Boisbriand facility, signalling a strategic move to meet the escalating demand from North American electric vehicle manufacturers. With a focus on innovation and efficiency, the manufacturer is set to enhance its...
