GFG Alliance Inks Deal To Buy Duffel Aluminium From Novelis
Sanjeev Gupta’s GFG Alliance said yesterday it has agreed to buy Novelis’s Duffel BVBA aluminium plant in Belgium for an...
Europe
Constellium’s Singen Aluminium Casting And Rolling Plant Achieves ASI Chain of Custody Certification
The Aluminium Stewardship Initiative (ASI) and Amsterdam rolled and extruded aluminium leader Constellium N.V. announced yesterday the certification of the latter’s casting and rolling plant in Singen, Germany to the former’s Chain of Custody standard. As one of Constellium’s largest sites, the...
Gränges Buys Poland’s Aluminium Konin For SEK2.3 Billion
Swedish rolled aluminium firm Gränges AB announced on Thursday that it has come to an agreement to purchase its Polish...
EGA To Increase Premium Aluminium Sales To BMW
Emirates Global Aluminium PJSC (EGA) announced earlier this week its plans to substantially increase its supply to German automaker BMW...
Events
ASI Certifies Quartet Of Amcor Plants In Germany, France, And Switzerland
The Aluminium Stewardship Initiative (ASI) on Wednesday revealed certifications for Swiss packaging firm Amcor plc’s operations in Teningen Tscheulin-Rothal, Germany, Sarrebourg and De Froges, France, and Rorschach, Switzerland. Per the ASI, the trio of sites in Germany and France are now certified against the ASI’s Performance Standard for responsible production, sourcing and stewardship of aluminium […]
Constellium Shipments Rose 4 Percent In Third Quarter, Increasing Revenue To €1.5 Billion
Amsterdam rolled and extruded aluminium leader Constellium N.V. released results for the third quarter and first nine months of 2019 earlier this week. Though the market facing the firm was challenging, Constellium delivered mostly positive results in both periods compared to 2018. In the third quarter Constellium shipped 395 thousand metric tons of product, good […]
Higher Upstream Production, Lower Raw Material Costs Buoy Difficult Quarter For Norsk Hydro
Norwegian aluminium giant Norsk Hydro ASA released results for the third quarter of 2019 yesterday. Financials were down overall due to a drop in aluminum and alumina prices, but higher upstream production and lower raw material costs helped to temper those downward pulls on profitability in the quarter. In the just-ended quarter Hydro reported a […]
Aughinish Contractor Files Suit To Stop Proposed Strike At Plant
A contractor for Aughinish Alumina has filed suit in the Republic of Ireland’s High Court to enjoin a planned work stoppage at the plant on the grounds that the strike is not a valid trade dispute. Murphy International Ltd (MIL) initiated proceedings late last week against trade union Unite and its plans to commence a […]
European Aluminium Can Recycling Rates Set Record High Of 74.5 Percent In 2017
Aluminium recycling rates in Europe rose again in 2017 to 74.5 percent, a 2.3-percent bump from the year prior and good for another record high for the continent. Such was the story told by statistics released by the European Aluminium Association on Monday. Per the numbers, which took into account recycling across the European Union, […]
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
