Market News
Global Aluminum Alloys Market: Recent Developments
- In March 2021, Ronal Group, a leading manufacturer of the light alloy wheels, launched a new aluminum alloy wheel named Ronal R67. The new design features five narrow scopes and five distinct double spokes bonded with colorful design elements. This launch will allow perfect air inlet and offer an extra sporty touch.
- In February 2021, Novelis Inc., a global leader in aluminum rolling and recycling, launched Novelis AdvanzTM 7UHS-s701, the best automotive aluminum offering. The technologically advanced ultra-high-strength steel is now commercially available to the global automotive industry.
- On 6 November 2021, CBA Brazil, a company which produces low-carbon aluminum, announced the acquisition of approximately 80% of Alux Inc., a secondary alloyed aluminum producer. CBA Brazil has made significant investments in its production facilities and will continue to do so in the near future.