Iran is expanding its domestic aluminium manufacturing capabilities through nanostructured anodising technology, developing specialised aluminium sheets and profiles for applications across aerospace, medical equipment, electronics and automotive industries. The initiative reflects a move towards higher-value aluminium products by improving the metal's surface properties and expanding its potential industrial applications. According to Pars Today, citing Mehr News Agency, an Iranian aluminium complex is using the technology to produce aluminium components with nanostructured ceramic coatings designed to improve resistance to corrosion and wear. The complex is also working on developing specialised aluminium standards and has so far established eight standards in this field. The...
Amazon's Kindle made of aluminium introduces recycled aluminium into its entry-level e-reader range, highlighting the metal's growing application in consumer electronics. The aluminium-backed model combines a rigid metallic construction with a matte finish, built-in magnets for folio covers and a design that allows users to replace the battery. Compared with the standard plastic Kindle (2026), the aluminium version also offers additional storage and an ad-free lock screen. The Kindle made of aluminium features a rigid, matte-finished metal chassis that provides a premium appearance while eliminating body flex and naturally resisting oily fingerprint marks. Its construction incorporates built-in magnets on the back for attaching snap-on folio covers, while accessible external Torx screws...
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The economy of Uruguay is crucially dependent on its neighbours, Brazil and Argentina. In 2020, GDP decreased by an estimated 4.5%, mainly due to the impacts of the COVID-19 pandemic not only in the country but also in its neighbours. However, the pandemic had relatively little impact on the Uruguayan economy when compared to other countries in the region. The economy is forecasted to rebound in the coming years, with the IMF's October 2020 estimates predicting growth of 4.3% for 2021 and 2.5% for 2022, subject to post-pandemic global economic recovery. The southern American nation’s export of aluminium scrap during 2018-19 was recorded at 5565 tonnes and the revenue generated for the export stood at $8.50 million. The export for 2020 was highlighted at 4784 tonnes and the earnings...
SMM aluminium ingot price stood at RMB 17220 per tonne on Tuesday, 23 March 2021, indicating a decline of RMB 320 per tonne from Monday’s price of RMB 17540 per tonne. It is expected to move within a range of RMB 17200-17240 per tonne. Aluminium price in Foshan and Wuxi declined by RMB 310 per tonne and RMB 355 per tonne to stand at RMB 17230 per tonne and RMB 17185 per tonne on Tuesday, 23 March 2021. Their average prices are expected to range within RMB 17210-17250 per tonne and RMB 17150-17220 per tonne. Aluminium prices in Hangzhou and Chongqing were RMB 17185 per tonne and 17175 per tonne, down RMB 400 per tonne and RMB 375 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi reduced to stand at RMB 17200 per tonne, RMB 17210 per tonne, RMB 17230 per tonne, and...
Three-month LME aluminium fell 0.15% to close at US$2,274 per tonne on Monday. SMM expects the contract to trade between US$2,250-2,280 per tonne today. As of Monday, March 22, LME aluminium cash (bid) price stands at US$ 2254 per tonne, LME official settlement price stands at US$ 2254 per tonne; 3-months bid price stands at US$ 2282.50 per tonne, 3-months offer price is US$ 2282.50 per tonne; Dec 22 bid price stands at US$ 2296 per tonne, and Dec 22 offer price stands at US$ 2296 per tonne. The LME aluminium opening stock stood at 1964025 tonnes. Live Warrants totalled 1299175 tonnes, and Cancelled Warrants were 664850 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2256.52per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE decreased to stand...
The greenest industrial developer of Europe in 2020, Panattoni, has secured the contract from Reynaers Aluminium to develop a 31,000 sqm warehouse and production plant on a site chosen by Reynaers in Urzut, which is located around 30 km southwest of Warsaw in Poland. The producer of innovative and ecological aluminium systems, Reynaers, which specialises in aluminium elements for windows, doors and partition walls, will include 2,500 sqm of office space and a clear height of 10m in the warehouse section and 14m in the production section. Andrey Klymenko, General Manager, Reynaers Aluminum commented on the new investment of the company: “This is the first stage of the planned development of Reynaers Aluminum. The new plant in Urzut will translate into our operational efficiency and...
AlCircle’s next big program is the virtual event - “AlCircle Expo 2021” , which is forthcoming on 29-30 June 2021. Followed by the mega-success of “Global Aluminium EXPO 2020”, AlCircle is planning to host an event that is not just big in scale but also has advanced digital tools to facilitate greater interactivity between all participants. Regardless we are still deploying ourselves to the new normal life, but “AlCircle EXPO 2021” virtual meet remains consistent to bring the global aluminium industry leaders and partners from the entire value chain under one roof. A few days back we had announced ‘Registration is live’ and now we encourage the organisations to “Book your Booth now! Avail the early bird discount”, visit alcircleevents.com “AlCircle EXPO 2021” , where the virtual...
The European Aluminium Association praises the European Commission for its intention to impose provisional anti-dumping duties on certain flat-rolled products originating in China. The duty rates vary from 19.6 to 47.3% and result from an anti-dumping investigation initiated on the 14 th August’20, following a complaint from European Aluminium. The announcement is a major step forward in the fight against China’s unfair trade practices. Gerd Götz, Director General at European Aluminium, said: “Dumped imports from China are driving European aluminium producers out of business and discourage them from investing in innovations that can boost decarbonisation and recycling. We are grateful the Commission is taking the necessary steps to protect our industry against unfair competition.”...
In February 2021, world primary aluminium production plunged by 8.83 per cent month-on-month to stand at 5.203 million tonnes, bringing the total output in the first two months of the year to 10.930 million tonnes, found the International Aluminium Institute. In January 2021, world primary aluminium production saw a marginal rise of 0.23 per cent from 5.694 million tonnes in December 2020 to 5.707 million tonnes. On a year-on-year calculation, world primary aluminium production in February 2021 stood 1.25 per cent higher than 5.139 million tonnes, while the output during January-February stood up by 3.01 per cent from 10.611 million tonnes. In China, primary aluminium production in February 2021 stood at 3.017 million tonnes versus 3.320 million tonnes in January 2021 and 2.9 million...
Russia’s exports of crude metals and alloys to the US stood at 10,200 tonnes in December 2020. That was down by 22.14% year-on-year from 13,100 tonnes in December 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month comparison, exports rose 5.7% from 9,650 tonnes in November. For the full year of 2020, crude metals and alloys exports came in at 113,000 tonnes as compared to 205,000 tonnes for the full year of 2019. This marked a decrease of 44.88% year-on-year or 92,000 tonnes. Russia’s exports of total aluminium (crude metal and alloys, semi-finished products and scrap) to the USA stood at 11,300 tonnes and 133,000 tonnes in December and January-December 2020, a decline of 15% year-on-year and 39% year-on-year from 13,300 tonnes...
China Hongqiao Group will publish this year its lower carbon emission target along with the action plan on how to achieve it, according to a report last week after the world’s largest private-sector aluminium producer’s chairman Zhang Bo revealed at the China Development Forum that the firm would announce its goals and plans for carbon reduction later in the year. “We hope to explore specific paths and methods for the low-carbon transformation of China’s aluminium industry,” he said as quoted by Reuters. Hongqiao has already started working with some of the top domestic and international institutions to formulate its carbon-reduction plan as it is under tremendous pressure to begin reducing emissions before 2030 and become carbon neutral by 2060. According to an independent climate and...
Oman’s non-oil GDP will grow by 1.5% in 2021, as projected by the International Monetary Fund and could boost to 4% by 2026 if fiscal measures are successfully carried out. The sultanate introduced a Medium-Term Fiscal Adjustment Plan that focuses to enhance the non-oil revenue and various other public sector reforms to fuel economic growth, the lender said at the end of its online mission to the Gulf country during 17 th -31 st January. The oldest independent state of the Arab world has recorded export of 85,880 tonnes of aluminium wires during 2018-19. The export for 2020 stood at 31,969 tonnes and when the export volume of 2020 gets assorted with the existing two years, it denotes 117,849 tonnes. Oman’s export of aluminium wire in 2018 remained at 34,366 tonnes, whereas, in 2019, the...
According to a recent report, Vedanta Aluminium, India’s largest producer of aluminium and value-added products, has won three Kalinga Safety Excellence Awards for the performance year 2019 at Odisha State Safety Conclave 2020. Vedanta’s Jharsuguda unit has bagged the coveted Gold Award for safe operation at Thermal Power Plant (TPP) and Bronze Award for Smelter and Captive Power Plant (CPP). Lanjigarh alumina refinery has also received the Gold Award for safety performance. Kalinga Safety Award is one of the most prestigious awards in India, promoting a safety-first culture among the industries and recognising those enterprises that make significant efforts towards safety performance. Vedanta received the awards from Dr Surya Narayan Patro, Hon’ble Speaker of Odisha Legislative Assembly,...
SMM aluminium ingot price marked a growth after a drop on Friday. The aluminium price increased by RMB 140 per tonne from Friday’s price of RMB 17400 per tonne to RMB 17540 per tonne on Monday, 22 March 2021. It is expected to move within a range of RMB 17520-17560 per tonne. In Foshan and Wuxi, the price rose by RMB 140 per tonne and RMB 115 per tonne to stand at RMB 17540 per tonne on Monday. Their average prices are expected to range within RMB 17520-17560 per tonne and RMB 17530-17540 per tonne. Aluminium prices in Hangzhou and Chongqing were RMB 17585 per tonne and 17550 per tonne, up RMB 120 per tonne and RMB 195 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 17565 per tonne, RMB 17540 per tonne, RMB 17550 per tonne, and RMB 17410...
The Chinese state-owned firm Sinohydro which deal with Ghana for bauxite mining brings out heavily condemnation from global environmentalists, as they warned that bauxite mining in the country’s crucial forests region would façade environmental risks. The West African nation, Ghana, signed bauxite for an infrastructure deal with China, which would authorize the Chinese firm to inject about $2 billion in Ghana’s infrastructure development. Ghana would utilize the money earned from the sale of bauxite in exchange to repay the loans. As a guarantee, Ghana agreed to establish an offshore deposit account for receiving revenues generated from the sale of bauxite. As of now, $646 million of the loan funds has been approved for disbursement. As per the report of the North Carolina, USA based Duke...
Three-month LME aluminium rose 2.82 per cent to close at US$ 2,277.50 per tonne on Friday. It is expected to fluctuate between US$ 2,190-2,220 per tonne today. LME aluminium stocks increased nearly 70,000 tonnes to 1.97 million tonnes. The contract is expected to fluctuate at US$ 2,200-2,270 per tonne in the near term. LME aluminium cash (bid) price and LME official settlement price decreased for the second consecutive day on Friday, March 19, to stand at US$ 2188 per tonne. 3-months bid price and 3-months offer price stood at US$ 2223 per tonne, down by US$ 3.5 per tonne from US$ 2226.50 per tonne on March 18. Dec 22 bid price and Dec 22 offer price, however, increased from US$ 2250 per tonne on March 18 to US$ 2255 per tonne on March 19. The LME aluminium opening stock soared by 69975...
On 20 th March 2021, around 60-70 employees of the Aluminum Sabart gathered in Tarascon-sur-Ariège in France, to show their protest against the lay-off for the nine workers which the management of the company intends. In the words of Mathieu Bru, the secretary of the social and economic committee (CSE) of the Ariège plant: “We wanted to organize this action to continue to alert the population and the public authorities.” Bru added: “On the Sabart site, nine jobs are threatened. They are all production staff, including eight former Pechiney. If they are made redundant, it will be the end of the know-how. There would only be 6 or 7 people in production and they have little or no experience. " On the day of protest, between 9 am and 1 pm, politicians came to give their support, Alain Sutra,...
On 18 th March 2021, Tajik Aluminum Company, TALCO, the Eurasian Development Bank (EDB) and export insurance company, KazakhExport signed an MoU for attracting financing for TALCO under KazakhExport insurance coverage in order for TALCO to procure products from Kazakhstan required for the production of aluminium. The largest industrial enterprise in Tajikistan, TALCO is a 100% state-run company, whereas, KazakhExport is a subsidiary organisation for the promotion of the exports of Baiterek National Management Holding’s non-primary goods and services. The MoU underwrites that KazakhExport is all set to deliver EDB insurance coverage for up to $15 million under an EDB loan for TALCO to recharge the Tajik aluminium producer’s working capital for purchasing products made by Kazakh...
National Aluminium Company Limited has raised its aluminium ingot and aluminium products prices after reducing them by INR 3,400 per tonne about three weeks ago. With effect from Saturday, March 20, NALCO’s aluminium ingot price has come in at INR 183,350-186,850 per tonne, up by INR 1,500 per tonne from INR 181,850 – 185,350 per tonne on March 1. NALCO’s aluminium billets price is currently standing at INR 186,800-189,450 per tonne compared to INR 185,300 – 187,950 per tonne last time. This also reflects a surge of INR 1,500 per tonne or 0.80 per cent. With the latest hike, NALCO’s aluminium wire rod price is ranging between INR 186850- 191200 per tonne as of March 20 versus INR 185,350 – 189,700 per tonne on March 1. NALCO, like any other Indian aluminium producers, links its aluminium...
SMM aluminium ingot price started the week with a hike of RMB 250 per tonne on Monday, March 15 2021 to RMB 17620 per tonne. The price on Wednesday stood lower by RMB 230 per tonne to RMB 17530 per tonne, from Tuesday’s price of RMB 17760 per tonne. The aluminium price closed the week lower at RMB 17400 per tonne on Friday, March 19 2021. According to the Shanghai Metals Market, social inventories of primary aluminium expanded by 22,000 tonnes across eight major consumption areas in China, including SHFE warrants. Thus, the stocks this week, as of March 18, came in at 1.25 million tonnes, compared to 1.23 million tonnes on March 11. The alumina price in China remained unchanged this week. The average spot alumina price increased by RMB 6 per tonne on Friday, March 19 2021 after nine days...
