News

Aluminium foil demand remains stable

But these have been more than offset by the continued strong recovery in export deliveries, resulting in overall sales of 643,000 tonnes, ahead by 1.5% compared with the same period in 2013 (633,000t).

The figures also show an underlying trend of recovery for thicker gauges, used typically for semi-rigid containers and technical applications, which have shown a welcome increase in volumes of 6% in the year to date. While demand for thinner gauges, used mainly for flexible packaging and household foils, was flat, recording a small decline of 0.4%.

Total deliveries have...

LME to further tighten warehouse rules

The LME, which recently won a major court battle about new rules to cut delivery backlogs at warehouses, plans even tougher rules to support a new contract on aluminium premiums, it said in a statement.

Last month, the 137-year old exchange said it would implement reforms on Feb. 1 aimed at easing huge backlogs to withdraw metal from its global warehousing network.

The LME, the world's oldest and biggest market for industrial metals which is now owned by Hong Kong Exchanges and Clearing Ltd, oversees warehouses where companies that buy metals on its futures market...

Red mud spill: No long-term damage

In 2010, after weeks of heavy rain, the containment unit at Ajka in Western Hungary had collapsed causing nearly a million cubic metres of toxic sludge to come pouring into the Torna-Marcal river system, flowing by the plains and ending up in the Danube.

The immediate reaction to the event was of panic as this red mud is highly alkaline, containing toxic metals like chromium and vanadium. Moreover, since such massive amounts of the stuff had never been released into the environment before, no one knew what the consequences would be on the people and...

Novelis reports results

Adjusted EBITDA for the second quarter of fiscal 2015 was $230 million, a 1% increase compared to $228 million reported for the prior year. The increase was primarily driven by higher shipments and cost benefits from using recycled metal inputs. These favourable drivers were partially offset by continued pricing pressures in the Asian markets, a higher fixed cost base due to expansions ahead of revenue generation, and unfavourable currency fluctuations late in the second quarter.

"Our solid earnings are a result of the execution of our long-term strategy to capture growth...

Aluminum Association website wins award

The Summit Creative Award is part of the Summit International Awards organisation.

Throughout its twenty-year history, its Creative Award has established itself as a premier arbiter of creative and communication excellence. Using stringent evaluation criteria and a blind judging processes, its competitions reward firms whose work exemplifies the best in its class.

The award is shared with Balance Interactive, the web design and content firm that partnered with the Read more

SDK Group opens aluminium casting plant

STM, setup with RM48 million (JPY 1.6 billion) capital, will be the SDK Group's first production base outside Japan to cast aluminium and is to start mass production within the month and will meet the demand for fine aluminium products through quick response to car manufacturers' and parts suppliers' needs.

With the completion of the STM's plant in Pasir Gudang, SDK strengthens its aluminium products supply system for the Asian market. At the same time, by securing casting capacity at two locations, SDK ensures the security of its supply chain.

Source:...

Sapa: New distribution agreement in China

The agreement includes the sales and distribution of the Sapa Building System brand’s high-performing Avantis and Confort windows and doors, and sliding systems. The market introduction of these products is scheduled for early 2015.

UK to strengthen homegrown automotive parts industry

This was the message from the head of the Aluminium Federation (ALFED) ahead of the trade body’s annual Aluminium in Road Transport Conference.

The two-day event, which brings together leading engineers and designers from the likes of Jaguar Land Rover, Morgan Motor Company, Lotus and others, takes place at the Thinktank Science Museum in Birmingham on November 11 and...

Alcoa to invest in Aerospace Manufacturing Leadership

The company is installing manufacturing technology to enhance the performance of thick aluminium and aluminium-lithium plate in various applications, including wing ribs and fuselage frames.

The investment in the Davenport rolling mill is the installation of a new ‘very thick plate stretcher’. The stretching process reduces stress introduced into the plate as part of the manufacturing process, resulting in a part that can more easily be machined and processed. This advancement will enable Davenport Works to produce the largest high-strength monolithic wing ribs in...

Hydro and RTA closes Søral deal

Hydro and RTA announced the plans for Hydro to take over Søral in July. Following approval from competition authorities in Norway and France, the companies closed the deal on the afternoon of Friday October 31, with effect as of November 1.

"We welcome the 230 employees at Husnes into the Hydro family. As a...