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...
aluminium flat rolled products
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...
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...
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...
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 […]
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 ...
