ASI Certifies Hydro Aluminium Rolled Products Plants In Germany Against Chain Of Custody Standard
The Aluminium Stewardship Initiative (ASI) announced yesterday the certification of two of Norwegian aluminium firm Norsk Hydro ASA subsidiary Hydro...
Europe
Rising Raw Material Costs And Stoppages At Alunorte Take Toll On Norsk Hydro’s Q1 Numbers
Norwegian aluminium producer Norsk Hydro ASA reported results for the first quarter of 2019 yesterday. The firm struggled in the quarter mainly due to a spike in raw materials costs, mandatory curtailments at Alunorte, and the cyber attack against it earlier this...
Constellium To Provide Aluminium Auto Body Sheet And CMS For Citroën And Peugeot Commercial And Passenger Vehicles
Amsterdam rolled and extruded aluminium leader Constellium N.V. revealed yesterday that it has been chosen to be a supplier of...
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...
Events
EGA Becomes First Mideast Firm To Gain ASI Certification
The Aluminium Stewardship Initiative (ASI) announced on Wednesday the successful certification of Emirates Global Aluminium PJSC (EGA) against the ASI Performance Standard, making it the first Middle-Eastern firm to receive such certification. ASI certified EGA’s Al Taweelah plant, which boasts a nameplate capacity of 1.5 million metric tons. The certification attests to EGA’s adherence to […]
U.S. Trade Tension With China Prompts Rio Tinto To Shift Aluminium Exports To Europe: CEO Jacques
Anglo-Australian metals titan Rio Tinto Group says the trade troubles between the United States and the People’s Republic of China and the corresponding drop in demand in the States will see the firm shift shipments of aluminium to European customers. Such was the message delivered by Rio Tinto CEO Jean-Sébastien Jacques after the company’s annual […]
ASI Certifies Norsk Hydro Extrusion Plants In Germany And Belgium
The Aluminium Stewardship Initiative (ASI) announced last week the certification of Norwegian aluminium firm Norsk Hydro ASA subsidiary Hydro Aluminium Extruded Solutions’s plants at Bellenberg, Germany and Lichtervelde, Belgium to the organization’s ASI Performance Standards. Per the ASI, Hydro’s extrusions and profiles operations at the above plants have been certified against its standards for responsible […]
Shake-Up In Norsk Hydro’s Executive Management As Aasheim Assumes Company’s Top Office
Norwegian aluminium producer Norsk Hydro ASA announced several changes in its executive team earlier this week following Hilde Merete Aasheim’s ascension to the company’s position of president and CEO. Aasheim, who assumed her new role on Wednesday, named Eivind Kallevik to fill her former seat of head of Primary Metal, while Pål Kildemo assumes Kallevik’s […]
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium billets production plant with a planned capacity of 70,000 tonnes per year. Uniprom promised production to start by end of 2019. The company also plans to open in the coming months an €11 million plant […]
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the past few weeks after the company and its founder Liu Zhongtian were brought up on criminal charges by the United States federal ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s ...
