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Gränges Purchases Utilities Infrastructure At Finspång From Jernbro For SEK93 Million

Gränges Purchases Utilities Infrastructure At Finspång From Jernbro For SEK93 Million

Swedish rolled aluminium firm Gränges AB announced on Friday the acquisition of the entirety of the utilities infrastructure at its plant in Finspång from industrial services provider Jernbro for SEK93 million (US$9.65 million). Per the firm, the buy-out of Finspång’s utilities infrastructure...

Events

Dajcor To Establish US$19.6 Million Aluminium Extrusion Operation In SE Kentucky

Kentucky’s Governor Matt Bevin announced plans by Ontario’s Dajcor Aluminum Ltd on Friday to construct a new, US$19.6 million plant in the southeastern reaches of the state. Per local media, Dajcor’s new plant will be located in Coalfields Industrial Park in Perry County. The plant will employ a workforce of 265 upon full ramp-up, producing […]

Sanctions And Weak Aluminium Prices At LME Weigh Down Rusal’s Q1 Results

Russian Federation aluminium titan U.C. Rusal released results for the first quarter 2019 yesterday. Though United States sanctions were lifted in January, the lingering effects combined with a drop in aluminium prices at the London Metal Exchange to take a gouge out of the firm’s bottom line in the quarter. The first quarter saw Rusal […]

ASI Certifies China’s Aluminium Foil Producer SNTO

The Aluminium Stewardship Initiative (ASI) announced on Monday the certification of China’s aluminium foil producer Suntown Technology Group Corporation Limited (SNTO) to the ASI Performance Standard. The firm, which is based in Wangcheng Economic Development Zone, Changsha, is the latest firm to achieve ASI’s certification, which measures responsible production, sourcing, and stewardship in the aluminium-production […]

Aluminium Industry Organization Says Trump Administration Metals Sanctions Won’t Slow Iran’s Exports To Neighbors

Sanctions laid upon Iran’s aluminium and steel sector will not interrupt exports from the country’s producers to its neighbors. Such was the message conveyed by the secretary of the Iran Aluminum Industries Syndicate Abolfazl Rezaiee to domestic media on Sunday. “Afghanistan, Turkey and Iraq are our major exports destinations for aluminum and the recent US-led […]