aluminium flat rolled products

Kaiser Aluminum Closes Purchase Of Warrick Rolling Mill From Alcoa

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 the aluminium rolling mill from Alcoa for US$670 million. Though Kaiser purchased the mill, Alcoa retains ownership of the assets at the...

Events

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 […]

Constellium Posts 12 Percent Jump In Revenue During Closing Quarter Of 2018

Amsterdam rolled and extruded aluminium leader Constellium N.V. released results for the final quarter and full year of 2018 yesterday, noting a rise in aluminium shipments across both periods that buoyed financial numbers across the board. The fourth quarter saw Constellium ship 370 thousand metric tons, up by 6 percent on the year. Shipments rose […]

Braidy Industries On Track for Full Operation At Greenup In 2021

Kentucky aluminium alloy producer Braidy Industries, Inc. advised investors earlier this week that the Braidy Atlas rolling mill project continues to be on track for full operation in 2021. To date the firm has invested US$15.7 million on the project in Greenup, with commitments from Kentucky Power to perform US$33 million in site preparation later […]