news

2023-01-18

Aluminium prices are predicted to increase sharply


Since the turn of the year, the raw material price of aluminum has risen by approx. 2,5 sek/kg.

Premium is also increasing, and now Goldman Sachs announces that they are predicting a sharp increase in the price of aluminum during the year.


See link to the article: Goldman on Aluminum (Aluminium) Market News: January 15, 2023 - Bloomberg

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2022-12-30

Short summary of 2022


2022 is coming to an end and team Westmetall would like to wish our customers, suppliers and other partners a good continuation and a Happy New Year. 

For Westmetall, the past year has meant strong growth, investments in warehouse space, personnel and production.

After Russia's invasion of Ukraine in February, the Aluminium raw material price peaked and has since fallen back to levels we had at the beginning of the year. www.westmetal.se/lme--valutautveckling

We have been working on a new website for the past month, which is now published. Our complete stock range is now available in PDF format and will be avaliable in catalog form in the near future. westmetal.se/sortiment

With hope for a succesful 2023 for all our friends.

Kind Regards / Westmetall AB



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2022-08-25

The company's investment for the future

The metal stock holder Westmetall has invested in two new Schelling plate saws. The company has also inaugurated the new production facility for cutting and sawing plates, bars and profiles in the new premises.

The expansion is in close proximity to the main warehouse, which made it easier for the company logistically. The decision to invest in machinery was made quickly, as plate processing has previously been a bottleneck. Now the capacity has more than doubled and the newly added saws have made it possible to handle thicknesses up to 160 mm from the company's own stock.

Together with the previous investment of the market's fastest rod cutter, the company is now able to handle dimensions up to a diameter of 545mm. More machines and additional warehouse space are now planned, as the ambition is to increase the presence on the Nordic market and continue to take shares of old and new products.

Source: Press release
Link to MetalSupply