UC Rusal will produce 6000-series aluminium alloy for the first time, following a $23 million investment at its Sayanogorsk aluminium smelter, the company said on Tuesday May 27.
It was reported that Southwire sold a second copper wirerod system to South Korean Taihan Electric Wire Co. Southwire will engage in the design of all the operating equipment for Taihan Electric, including the installation of its SCR 6000 system, which is capable of producing 260,000 tonnes of copper wirerod per annum at a rate of 40 tonnes per hour. The fist copper wirerod system was delivered to Taihan Electric in 1980. In total, Southwire has sold more than 80 continuous-cast SCR systems worldwide.
In a report from the German non-ferrous metal association, reference is made to a long-term trend towards protectionist measures of resource-rich countries. Since 2008, the number of measures has increased from 100 to 858 in Jan 2017 (hence largely before President Trump's inauguration). Easing on trade appears not to be in sight.