Industry News
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The characteristics and advantages of 7055 aluminum alloy
What are the characteristics of 7055 aluminum alloy? Where is it specifically applied? The 7055 brand was produced by Alcoa in the 1980s and is currently the most advanced commercial high-strength aluminum alloy. With the introduction of 7055, Alcoa also developed the heat treatment process for...Read more -
What is the difference between 7075 and 7050 aluminum alloy?
7075 and 7050 are both high-strength aluminum alloys commonly used in aerospace and other demanding applications. While they share some similarities, they also have notable differences: Composition 7075 aluminum alloy contains primarily aluminum, zinc, copper, magnesium,...Read more -
European Enterprise Association Jointly Calls on EU not to Forbid RUSAL
The industry associations of five European enterprises jointly sent a letter to the European Union warning that the strike against RUSAL “may cause the direct consequences of thousands of European companies closing down and tens of thousands of unemployed people”. The survey shows tha...Read more -
Speira Decides to Cut Aluminium Production by 50%
Speira Germany said on September 7 it would cut aluminum production at its Rheinwerk plant by 50 percent from October due to high electricity prices. European smelters are estimated to have cut 800,000 to 900,000 tonnes/year of aluminium output since energy prices began to rise last year. A furth...Read more -
Demand for aluminum cans in Japan is forecast to reach 2.178 billion cans in 2022
According to data released by the Japan Aluminum Can Recycling Association, in 2021, the aluminum demand for aluminum cans in Japan, including domestic and imported aluminum cans, will remain the same as the previous year, stable at 2.178 billion cans, and has remained at the 2 billion cans mark ...Read more -
Ball Corporation to Open an Aluminum Can Plant in Peru
Based on the growing aluminum can demand worldwide, Ball Corporation (NYSE: BALL) is expanding its operations in South America, landing in Peru with a new manufacturing plant in the city of Chilca. The operation will have production capacity of over 1 billion beverage cans a year and will start u...Read more -
Warming from Aluminum Industry Summit: The Global Aluminum Supply Tight Situation is Difficult to Alleviate in the Short Term
There are indications that the supply shortage that disrupted the commodity market and pushed aluminum prices to a 13-year high this week is unlikely to be alleviated in the short term-this was at the largest aluminum conference in North America that ended on Friday. The consensus reached by prod...Read more -
Alba Discloses its Financial Results for the Third Quarter and Nine-Months of 2020
Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world’s largest aluminium smelter w/o China, has reported a Loss of BD11.6 million (US$31 million) for the third quarter of 2020, up by 209% Year-over-Year (YoY) versus a Profit of BD10.7 million (US$28.4 million) for the same period in 201...Read more -
U.S. Aluminum Industry Files Unfair Trade Cases Against Imports of Aluminum Foil from Five Countries
The Aluminum Association’s Foil Trade Enforcement Working Group today filed antidumping and countervailing duty petitions charging that unfairly traded imports of aluminum foil from five countries are causing material injury to the domestic industry. In April of 2018, the U.S. Department of Comme...Read more -
European Aluminum Association proposes to Boost the Aluminum Industry
Recently, the European Aluminum Association has proposed three measures to support the recovery of the automotive industry. Aluminum is part of many important value chains. Among them, the automotive and transportation industries are consumption areas of aluminum, aluminum consumption accounts fo...Read more -
Novelis Acquires Aleris
Novelis Inc., the world leader in aluminum rolling and recycling, has acquired Aleris Corporation, a global supplier of rolled aluminum products. As a result, Novelis is now even better positioned to meet increasing customer demand for aluminum by expanding its innovative product portfolio; creat...Read more -
Vietnam Takes Anti-dumping Measures Against China
The Ministry of Industry and Trade of Vietnam recently issued a decision to take anti-dumping measures against some aluminum extruded profiles from China. According to the decision, Vietnam imposed a 2.49% to 35.58% anti-dumping duty on Chinese aluminum extruded bars and profiles. The survey resu...Read more