Swedish rolled aluminium firm Gränges AB said yesterday that it has refinanced a 2016 credit agreement it negotiated for the purchase of American subsidiary Gränges Americas Inc. Gränges indicates that the new credit facility is a revolving facility of SEK2,000 million and...
Amsterdam rolled and extruded aluminium leader Constellium N.V. revealed yesterday the signing of a multi-year contract with American aerospace manufacturer...
Norwegian aluminium producer Norsk Hydro ASA is recovering from a power outage that resulted in the several pots at its...
Russian Federation aluminium major U.C. Rusal announced yesterday the signing of a memorandum with state-run technology firm Tiocomposite to commence...
Norwegian aluminium firm Norsk Hydro ASA subsidiary Hydro Aluminium Rolled Products GmbH has become the most recent firm to be certified against the Aluminium Stewardship Initiative (ASI)’s Performance Standard for environmental, social, and governance performance. The ASI made the announcement on its website yesterday, noting the firm is the 20th recipient of the organization’s certification […]
Though the firm expects a 2-percent bump in revenues this year, Romanian aluminium company Alro SA (Alro Slatina) warned last week that net profits for the year are likely to fall by 78 percent from last year’s level. A report released by the firm on Thursday said 2019’s revenues will total US$673.7 million, with net […]
A substantial renovation at Kombinat Aluminijuma Podgorica (KAP) may be in the near future, as the plant’s owner announced a €26-million project to overhaul and upgrade the site’s refining equipment. Industry media reported on Tuesday that Uniprom plans to install an €11-million silumin production unit on site, featuring a production capacity of 30 thousand metric […]
Anti-trust regulators in the European Union said yesterday that they had opened an investigation into the proposed US$2.6 billion purchase of Atlanta’s rolled-aluminium firm Aleris by rolled and recycled aluminium firm Novelis Inc. In comments made by Europe’s antitrust chief Margrethe Vestager, the regulators’ intent was to ensure competitiveness in the value-added aluminium market. “Our […]
An Icelandic firm announced the debut of the country’s first vehicle to be made almost entirely of domestically-produced aluminium earlier this week. Start-up firm Ísar made the big reveal on Wednesday of the eponymous vehicle, of which the first five have already been produced and sold. The firm boasts that the vehicle is substantially lighter […]
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 ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
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