Norsk Hydro Closes On Purchase of Remaining Interest in Sapa from Orkla
Norsk Hydro A.S.A. announced yesterday that it has completed the acquisition of the remaining shares of Sapa AS, making it...
extruded aluminium products
Sri Lankan Conglomerate To Build Largest Aluminium Extrusion Plant In South Asia
In an effort at capitalizing on the booming demand for such by the country’s construction sector, Sri Lankan multinational conglomerate Hayleys PLC will soon be opening a Rs.2 billion (US$12.5 million) aluminium extrusions plant on the island nation. The plant, which will...
Bump in Shipments and Robust Aluminium Demand Buoy Constellium’s Q1 Numbers
Dutch aluminium extruder Constellium N.V. reported financial results for the first quarter of 2017 yesterday. Increased shipments, solid demand, and...
Australia to Impose Significant Anti-Dumping Duties on Extruded Aluminium from Vietnam, Malaysia
A notice issued by the Vietnam Competition Authority last week indicates that Australia is preparing to impose significant anti-dumping duties...
Events
Production Static but Profits Up for Constellium in Q3
Amsterdam aluminium extruder Constellium reported results for the third quarter of 2016 today. Though production numbers were similar year-on-year, the firm returned better financial numbers than in 2015. According to the firm’s press release, Constellium shipped 377 thousand metric tons of product, which was consistent with the volume shipped in the third quarter of last […]
South African Auto Parts Firm to Build Extrusion Plant in NW Kentucky
South African auto parts manufacturer Hansens Aluminum announced that it will soon build a US$18.4 million aluminium extrusion plant in northwest Kentucky. The plant, which is to be located in Henderson, a city on the commonwealth’s border with Indiana, is planned to have 75,000 square feet of floor space and employ ninety individuals. The firm […]
Dajcor Aluminum Plans C$10 MM Expansion
Ontario’s Dajcor Aluminum Ltd. is planning a C$10 million expansion to its plant in Chatham. The expansion is expected to lead to the addition of 35 new positions at the plant. The firm is receiving governmental aid in the form of a C$1 million from the province’s Southwestern Ontario Development Fund. According to Dajcor, the […]
Possible Fake Semi Connection as Aluminium Exports Cascade out of Mexico for Vietnam in June
Mexican exports to Vietnam continued at a blistering pace in June, lending further credence to the notion that a stockpile of fake semis is being transferred out of a warehouse in Guanajuato. According to data from the Mexican Secretariat of Economy, the country exported 162,851 metric tons of aluminium to Vietnam in June, good for […]
US Government Continues Anti-Dumping Duties Against China
The United States government is expected to maintain an anti-dumping and anti-subsidy order on aluminium extrusions from the People’s Republic of China, according to a Chinese government website. The “China Trade Remedy Information” website, which is operated by China’s Ministry of Commerce, posted an article Tuesday afternoon (Beijing time) indicating that the US Department of […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
