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LME Aluminium weakens as dollar rallies, China aluminium to move 'weakly', says SMM

LME Aluminium weakens as dollar rallies, China aluminium to move 'weakly', says SMM

07-Dec-2016 Edited By:Dipanwita Gupta

LME aluminium prices took a hit as US dollar index rallied on Tuesday's night trading. The contract underperformed and dropped below the 40-day moving average closing at US$1,718/mt on Tuesday, down 0.58 per cent from previous day's closing at US$1,728/mt. According to Shanghai Metals Market forecas...

“There is more to come in the Gulf as far as aluminium growth is concerned,” Mohammed Al Naki, the chairman of Arab International Aluminium Conference (ARABAL) “There is more to come in the Gulf as far as aluminium growth is concerned,” Mohammed Al Naki, the chairman of Arab International ...

Al Naki's relationship with aluminium dates back to 1968, when he was an officer in the Kuwaiti army. He was second in command of ...

“Now is the time for China to join the community of responsible global aluminum producers to fully and fairly participate in the aluminum market.” Charles Johnson, VP Policy at the Aluminum Association “Now is the time for China to join the community of responsible global aluminum producers to fully and fairly participate in the a...

On September 29, 2016, Garney Scott, President & CEO of Scepter, Inc. and Chairman of the Aluminum Association, as well as Hei...

Xinfa Aurum's bauxite mining expansion at Nawailevu in full swing Xinfa Aurum's bauxite mining expansion at Nawailevu in full swing Fiji's leading mineral development company Xinfa Aurum Exploration is making steady progress towards expanding its bauxite mining operations further north in Vanua Levu. The company has already secured additional Special Prospecti...

07-Dec-2016 Edited By:Dipanwita Gupta

Kuantan Port readies itself to handle bauxite shipments in a 'sustainable' way

The Kuantan Port Consortium Sdn Bhd (KPC) says the port facilities have been upgraded to handle bauxite shipments if the...

06-Dec-2016 Edited By:Dipanwita Gupta

Metro Mining Ltd wins the battle for Gulf Alumina Ltd

Metro Mining Limited has won additional 57.3% of Gulf Alumina shares after increasing its offer. Following the final set...

05-Dec-2016 Edited By:Beethika Biswas

2016 presidential candidate promises development of bauxite and aluminium indust...

The 2016 presidential election of Ghana is round the corner and candidate of the New Patriotic Party, Nana Addo Dankwa A...

02-Dec-2016 Edited By:Beethika Biswas

Beethika Biswas GCC primary producers can trigger the growth of an equally strong aluminium recy... The Gulf countries have been trying to divert the economy from its sole dependence on oil and natural gas sector to key non-oil industries. In this effort, the aluminium industry grew immensely in last one decade.  Five major aluminium smelters contribute to produces about 5.2 m...

Contributed By:   Beethika Biswas

Beethika Biswas Changing face of aluminium smelting industry in a sustainable global environment 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 5...

Contributed By:   Beethika Biswas

Beethika Biswas Learn about LME Aluminium Premium Prices through AlToolz We know about the LME aluminium contracts and how they are traded in LME. We have already discussed how AlToolz is offering 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 ...

Contributed By:   Beethika Biswas

Australia exported 19.6 million tons of alumina out of 20.3 million tons of production in 2015 Australia exported 19.6 million tons of alumina out of 20.3 million tons of prod... Australia is the top bauxite producer in the world with about 81million tons of bauxite production and that has induced some of the top aluminium companies invest on alumina refineries in Australia, especially Western Australia. ...

06-Dec-2016 Edited By:Beethika Biswas

Nalco faced by domestic market challenges for alumina value-addition, says Mines...

India's state-owned integrated aluminium company National Aluminium Co. Ltd (Nalco) has been working on a strategy devis...

05-Dec-2016 Edited By:Dipanwita Gupta

Altech Chemicals submits mining plan for their Meckering mine in Western Austral...

Altech Chemicals Limited has now submitted a mining proposal (MP) and mine closure plan (MCP) to the Department of Mines...

02-Dec-2016 Edited By:Beethika Biswas

Nalco to see better days with rising alumina prices

National Aluminium Company (Nalco), the world's second lowest cost producer of alumina, will benefit from the rising alu...

01-Dec-2016

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Prices in USD per Metric Tonne

Nalco to provide hand-holding support to MSME vendors Nalco to provide hand-holding support to MSME vendors Navratna PSU N alco is ready to provide hand-holding support to its regular MSME vendors who ensure quality and timely delivery of products, the aluminium major's CMD T K Chand said. As a responsible large-scale industry, Nalco sh...

07-Dec-2016

Molly Beerman named Vice President and Controller of Alcoa Corporation

Alcoa Corporation announced yesterday that Molly Beerman has been named Vice President and Controller of the company, an...

07-Dec-2016

Demand for aluminium in the U.S. and Canada swings YOY

Aluminium demand in the United States and Canada (shipments by domestic producers plus imports) amounted to 19,928 milli...

06-Dec-2016 Edited By:Heena Iqbal

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Alcoa Inc Alumina - Metallurgical, Aluminium - bar/rod, cable-bare, cable-insulated, diecasting, extrusions/profiles, foils, plate, primary alloys, sheet, tube (extruded), wire, wir ...

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Worldwide aluminium extruders join in a league Worldwide aluminium extruders join in a league Intercontinental aluminium extruders formed an association – International Fair Trade Alliance – to promote and defend fair trade practices.The IFTA is a non-profit organisation created to unite aluminium extrusion man...

07-Dec-2016 Edited By:Heena Iqbal

China Hongqiao Group to invest $1.6 billion to expand its downstream business

As reported by Reuters, China Hongqiao Group Ltd is said it will invest $1.6 billion to buy two aluminium processing fir...

06-Dec-2016 Edited By:Beethika Biswas

Hydro's auto line in Germany starts rolling

The new large facility at the aluminium company Hydro´s plant in Grevenbroich, Germany, got started recently: Hydr...

06-Dec-2016

Arconic earns perfect score on 2017 Corporate Equality Index

Arconic Inc.,a global technology, engineering and advanced manufacturing leader, announced today that it has earned a pe...

06-Dec-2016

The U.S. aluminium foil exports register YOY declines while India steps up production The U.S. aluminium foil exports register YOY declines while ... The U.S. is one of the biggest markets of global aluminium foils. According to the Aluminum Association, the aluminium foil market in the North American country is currently valued at $5 billion, and about 36% of the total demand ...

07-Dec-2016 Edited By:Dipanwita Gupta

The aluminium-framed new Ducati Multistrada 950 debuts at EI...

One of the most desirable bike brands Ducati has recently unveiled The Ducati Multistrada 950- the brand new machine for...

07-Dec-2016 Edited By:Dipanwita Gupta

Make Architects creates aluminium origami kiosks for small-t...

The popularity of Japanese paper-folding art origami is going beyond paper to wrap aluminium in its wings creating three...

06-Dec-2016 Edited By:Dipanwita Gupta

Aluminium busbar market to grow at the fastest CAGR during 2...

The global busbar market is estimated to be worth US$16.55 billion growing at a 5+% CAGR between 2016 and 2021, reveals ...

05-Dec-2016 Edited By:Dipanwita Gupta

UK is on track to meet or exceed annual packaging recycling targets: Rick Hindley, Executive Director, Alupro UK is on track to meet or exceed annual packaging recycling targets: Rick Hindle... Rick Hindley, Executive Director of the Aluminium Packaging Recycling Organisation (Alupro) in an interview to Resource magazine says, figures published on the National Packaging Waste Database by the Environment Agency show the t...

05-Dec-2016 Edited By:Beethika Biswas

Hydro to cooperate with Austin AI: Change to advanced automotive recycling

The aluminium company Hydro has signed a cooperation with Austin AI Inc. (AAI), Texas, on joint development of advanced ...

01-Dec-2016

Novelis wins European award for Jaguar recycling programme at ALUMINIUM 2016

Rolled aluminium and recycling giant Novelis has bagged the prestigious European award for its closed loop car productio...

01-Dec-2016 Edited By:Dipanwita Gupta

Defra reviews packaging recycling targets for aluminium and other materials

Department for Environment, Food and Rural Affairs (Defra) is consulting on new business packaging recycling targets for...

30-Nov-2016 Edited By:Beethika Biswas