The 10% tariffs on all imported aluminium imposed by Trump in March 2018 have generated ample interest in the North American aluminium sector, more so because Trump’s tariffs also included Canada and Mexico, Canada remaining the top aluminium supplier to the U.S. so far. While major part of the industry players opposed the tariffs, claiming […]
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Hencon: The first operating AGV’s in Aluminum Industry When Hencon started as a company, the focus was on building quality machines for Aluminum Industry. Together with increasing experience and know-how, Hencon felt that industries were more looking for suppliers who are able to think with them about strategic choices, about how to facilitate in their […]
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“Aluminium’s sixty-year reign as the world’s most precious substance was glorious, but soon an American chemist ruined everything.” -Sam Kean, The Disappearing Spoon: And Other True Tales of Madness, Love, and the History of the World from the Periodic Table of the Elements. From being a most precious substance to being a most widely used […]
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The U.S. Federal Reserve began its two-day monetary policy meeting yesterday and commodity markets across the world are already anticipating a rate hike of at least 25 basis points- the first rise in a year. The Fed last increased rates in December 2015. Global aluminium market, which has witnessed a lot of volatility this year […]
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Aluminium, as a metal has been with mankind for about 200 years, it is one of the most modern metals in the world. Despite the fact, today, more aluminium is produced than all other nonferrous metals put together. The total annual world production of primary aluminium was about 58 million metric tonnes in 2015, and […]
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China plays a dominant role in world aluminium. Any aluminium industry player would know the importance of China aluminium prices in international business. In fact, pricing movements of the raw materials (that go into the process of aluminium making) and downstream products in China major markets are referred to with great inquisitiveness by almost all […]
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AlToolz, offers LME Official Prices for Aluminium (High grade primary aluminium) and Aluminium Alloy (A380.1, 226 or AD12.1 aluminium alloy) Contracts as a part of its premium services. Each of the reference prices published by the London Metal Exchange is derived directly from trading and provides transparent pricing for the global metals market. Below are […]
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Sustainability is the biggest challenge faced by the aluminium industry today. As a basic material, aluminium is intrinsically sustainable, because the basic properties of aluminium do not change during processing. It can be recycled repeatedly without any loss in quality and reused in manufacturing various products. However, the primary production process of aluminium is quite […]
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The latest generation of AGVs for carrying heavy loads throughout aluminum manufacturing facilities – with a significant reduction in vehicle weight – are minimizing maintenance and power requirements by up to 60 percent, delivering a new level of streamlined performance and cost efficiency for primary metals manufacturers. The primary metal industry has long relied on Automated […]
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Aluminium prices have hit a six-month high in China following comments by Chinese Premier Li Keqiang that the country’s economy is showing signs of stabilizing. The metal, which is used in everything from soda cans to mobile phones, closed at 11,740 yuan ($1,804) per metric ton and ended a seven-month losing streak. Aluminium futures, meanwhile, […]
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