Hydro Completes Sale Of Aluminium Rolling Business To KPS Capital Partners
Norwegian aluminium producer Norsk Hydro ASA announced this week the successful closure of its sale of its rolling aluminium business...
aluminium flat rolled products
Kaiser’s Warrick Aluminium Rolling Mill Earns Provisional ASI Certification
California semi-fabricated specialty aluminium producer Kaiser Aluminum’s Warrick rolling mill achieved provisional certification by the Aluminum Stewardship Initiative (ASI) against its Performance Standard. The Warrick rolling mill’s new certification covers Ingot casting centers, rolling mills, and finishing production centers located at the...
Kaiser Aluminum Closes Purchase Of Warrick Rolling Mill From Alcoa
California semi-fabricated specialty aluminium producer Kaiser Aluminum finalized the purchase of Alcoa Corporation’s Warrick plant earlier this week. Kaiser bought...
Gränges To Invest US$33 MM To Add Capacity To Huntington Aluminium Rolling Mill
Swedish rolled aluminium firm Gränges AB announced yesterday an investment of US$33 million at its operations in Huntington, Tennessee to...
Events
JW Aluminum Shutters Williamsport Plant
American flat-rolled aluminium producer JW Aluminum announced the closure of their plant in Williamsport, Pennsylvania by month’s end. The firm said it was seeking buyers for the plant, but at the moment the plant will shutter its operations. Stan Brant, Jr., Chief Executive Officer of JW Aluminum, elaborated on the decision in a related press […]
Gränges Obtains Regulatory Green Light For Purchase Of Aluminium Konin
Swedish rolled aluminium firm Gränges AB announced earlier this week that it has obtained clearance from the EU Commission to proceed with its purchase of Polish flat-rolled aluminium producer Aluminium Konin. Gränges first announced the sale last November, in which it will purchase the Boryszew Group subsidiary for SEK2.3 billion (US$240.8 million). In addition to […]
European Commission Launches Anti-Dumping Investigation Into Chinese Flat-Rolled Aluminium
The European Union announced last week the commencement of an anti-dumping investigation on imports from Chinese producers of flat-rolled aluminium products. Per the European Commission, the industry provided enough evidence of the harm to supplies of raw materials in the Union the underpriced imports of flat-rolled aluminium from China has wrought. The formal complaint to […]
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 counterpart Aluminium Konin from the Boryszew Group for SEK2.3 billion (US$240.8 million). Per the firm, the deal is equal to an EV/EBITDA multiple of 6.9x LTM (Last Twelve Months) from September’s EBITDA. In addition to […]
Vedanta Plans Flat-Rolled Aluminium Plant For Eastern India
A top official at Indian aluminium smelter Vedanta told local media this week that his firm plans to enhance its value-added portfolio with the construction of a INR2,500 crore aluminium flat rolled products plant. The Chief Executive Offiecer of Vedanta Aluminium and Power Ajay Kapur said that the move will be part of a larger […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
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 ...
