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 United States aluminium crude metal and alloys imports from Canada in December 2020 stood at 161,000 tonnes, reflecting an increase of 4,000 tonnes or 2.55 per cent month-on-month, found the US Geological Survey. Imports in November 2020 came in at 157,000 tonnes – 1 tonnes or 0.63 per cent less than 158,000 tonnes in October. On a year-on-year calculation, the United States aluminium crude metal and alloys imports from Canada in December 2020 stood 31 per cent lower than 229,000 tonnes. In the December quarter (Q4 2020), the United States aluminium crude metal and alloys imports totalled 476,000 tonnes, down by 15.30 per cent from 562,000 tonnes in Q3 2020. In the entire year of 2020, the United States imported 2.3 million tonnes of aluminium crude metal and alloys from Canada...
The Chief Procurement Officer at Volvo Car Corporation, Martina Buchhauser who stepped down from his position recently, where she was also part of the Executive Management Team, is proposed as a new member of the Board of Directors to be elected at the Annual General Meeting on 6 th May 2021. Ragnhild Wiborg, who has chosen to resign and will leave the Board of Directors in conjunction with the AGM has served the board since 2014. Ragnhild Wiborg has taken a very active part in the Board as Chairman of the Audit Committee for five years, including working on the IPO in 2014 and a member of the task force involved in the successful rights issue process in 2020. Jannis Kitsakis, Senior Portfolio Manager at the Fourth Swedish National Pension Fund, representing the largest shareholder in...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined for the first time after the Chinese New Year. Inventories of aluminium billet decreased 9,500 tonnes from a week ago to 236,800 tonnes as of Thursday March 11. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Nanchang dropped the most, standing at 12,600 tonnes on Thursday, 11 March 2021. That was down by 5,500 tonnes from March 4. The stock in Foshan and Huzhou stood at 109,800 tonnes and 29,000 tonnes, a drop of 4,500 tonnes and 2,000 tonnes from last week. Stocks of aluminium billets in Wuxi and Changzhou built up slightly by 1,600 tonnes and 800 tonnes today. Inventories came...
AlCircleBiz, the world's first global marketplace which connects millions of buyers and sellers across the entire aluminium value chain, went live on 14 th November’20, proudly announces the platform has crossed 100+ global seller as on date. AlCircleBiz brings on board 40+ years of industry experience in the Aluminium domain, with a network of offices, representatives & associates in all 5 continents, covering over 17 verticals and having 1000+ partners around the globe. The prime feature of AlCircleBiz is to connect buyers and sellers through enquires against listed products and business leads. The online marketplace is sailed by the mission to turn out enterprising supply chains through increased transparency and reduced dependencies on intermediaries across the aluminium value chain....
According to the Shanghai Metals Market, China’s primary aluminium ingot inventories have increased by 55,000 this week across eight major consumption areas, including SHFE warrants. Data shows the stocks have come in at 1.23 million tonnes on March 11 compared to 1.17 million tonnes on March 4. SMM data found that primary aluminium ingot inventories this week have recorded a slower growth by 36,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: In Nanhai, primary aluminium inventories have surged by 30,000 tonnes on March 11 to stand at 314,000 tonnes, followed by the hike in Wuxi by 15,000 tonnes to come in at 463,000 tonnes. In Chongqing and Shanghai, primary aluminium stocks have gained 4,000 tonnes and 3,000 tonnes...
According to the Shanghai Metals Market, China’s aluminium wire and cable producers’ operating rates saw a decrease of 3.26 percentage points month-on-month to 26.63 per cent in February 2021. However, it reflected an increase over the year by 10.48 percentage points, found SMM. The monthly decrease in China’s aluminium wire and cable operating rates could be attributed to the operation halt at most domestic wire and cable companies due to a holiday during February 8-18. Companies in north China were even closed till the end of February, resulting in lower production time, industry output, and fewer industry orders at small and medium-sized enterprises. At present, leading companies have relatively saturated orders, with production schedules lesser than in previous years. Small and...
Denmark, a small country with an open economy and a structural balance of payments surplus, the economy remains although prosperous but is highly dependent on foreign trade. This was the major reason Denmark recorded its deepest fall in GDP in the first half of 2020 due to the COVID-19 crisis, although it partially recovered during the second half of the year underpinned by private consumption, for an overall decrease of 4.5%, as reported by IMF. Denmark’s real GDP forecast to expand by a solid 3.5% in 2021 and around 2.5% in 2022, as both domestic and external demand, normalises. The Scandinavian nation’s import of aluminium tubes or pipes fittings during 2018-19 reached 349 tonnes and the revenue expended for the import stood at $2.21 million. The import for 2020 remained at 196 tonnes...
Vimetco Extrusion, a downstream subsidiary of ALRO, will expand its production capacity with a new EUR 10 investment project. The investment involves the acquisition and installation of an automated extrusion line, supplied by Presezzi Extrusion spa. The new extrusion line will also generate cost-savings and increased operational efficiency. The project is financed from two sources, through commercial credit and bank credit for investments. “The expertise in creating high and very high value-added products is obtained only through constant investments in innovation and outstanding employee training, and Vimetco Extrusion has shown that it is not only willing to embrace these responsibilities, but it also excels in executing them very efficiently”, said Marian NĂSTASE, Chairman of the...
Rio Tinto has reportedly entered an agreement with Amaero, a leader in metal additive manufacturing, for providing with the first commercial batch of high-performance aluminium-scandium alloy. The product will be supplied from the Rio Tinto Fer et Titane (RTFT) metallurgical complex in Canada, the first-ever North American supply source of scandium oxide. Under the agreement, Rio Tinto will deliver the alloy billets made of responsibly produced low carbon aluminium from hydro-powered Canadian smelters and high purity scandium oxide from RTFT metallurgical complex, where high purity scandium oxide is extracted from the waste streams of titanium dioxide production without the need for any additional mining. Amaero will process the billets into powder for 3D printing and offer to the market...
The Govt. of Ghana is standing at the final stage to close a deal for bringing in an investor to partner with the Ghana Integrated Aluminium Development Corporation (GIADEC) for bauxite exploitation in the country. Nana Akufo-Addo, President of Ghana, while addressing the parliament in his first State of the Nation address in his second term said: “GIADEC has made good progress on the bauxite exploration programme that will drive the government’s industrial transformation agenda.” “We are in the final stage of an open and transparent investor engagement process, and we are in negotiations to select strategic investors to partner GIADEC for the bauxite mining and alumina refinery projects. The selected partner will be announced imminently,” he added. GIADEC is an institution that was...
After two consecutive downfalls on March 9 and 10 from RMB 17,490 per tonne to RMB 17,090 per tonne, A00 aluminium ingot price has recorded a surge of RMB 270 per tonne on Thursday, March 11, to settle at RMB 17,360 per tonne. The average prices are expected to range between RMB 17,340 per tonne and RMB 17,380 per tonne, with spot contract to be traded at a premium price of RMB 40-0 per tonne. In Chongqing, primary aluminium ingot price has increased the highest by RMB 295 per tonne to RMB 17,360 per tonne, followed by the hike of RMB 280 per tonne in Tianjin to come in at RMB 17,370 per tonne as of March 11. In Gongyi and Foshan, A00 aluminium ingot price has expanded by RMB 270 per tonne to RMB 17,260 per tonne and RMB 17,350 per tonne, while the price in Shenyang and Hangzhou has grown...
Benchmark aluminium price on London Metal Exchange slightly up by 0.4 per cent to US$ 2149.5 per tonne on Wednesday, March 10, from US$ 2141 per tonne on Tuesday. As of Wednesday, March 10, LME aluminium cash (bid) price stands at US$ 2149.50 per tonne, LME official settlement price stands at US$2149.50 per tonne; 3-months bid price stands at US$ 2168.50per tonne, 3-months offer price is US$ 2168.50 per tonne; Dec 22 bid price stands at US$ 2213.50 per tonne, and Dec 22 offer price stands at US$ 2213.50 per tonne. The LME aluminium opening stock stood at 1280575 tonnes. Live Warrants totalled 1068225 tonnes, and Cancelled Warrants were 212350 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2170.43 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for...
Kazakhstan Aluminium Smelter (KAS), part of the Eurasian Resources Group (ERG), has reportedly bought new specialised equipment to move its aluminium storage containers faster and safer. Earlier, the company used to move storage containers with a crane that held up to 25 tonnes of aluminium. However, now the new reach-stacker equipment is able to move up to 45 tonnes. One of the biggest advantages of the new equipment is its manoeuvrability. The equipment has wheels that can rotate by up to 90 degrees, while its operator’s cab can be adjusted forwards and backwards to maintain a safe distance from the cargo. The equipment has enough space to stack up to three containers on top of one another and has a variety of sensors to help carry out loading and deloading operations. Serik Donbekbaev,...
En+ Group’s Taishet aluminium smelter has started receiving electricity from the Ozernaya substation, as declared by the Group, the world’s largest producer of low carbon aluminium and independent hydropower. En+ Group says the supply of electricity has begun to the indoor switchgear inverter complete substation of the smelter. Mikhail Hardikov, head of En+ Group's energy sector, said: “Connecting the Taishet aluminium smelter to the Ozernaya electrical substation represents a significant step in taking the aluminium industry of the Angara region to a new level. The upcoming launch of the Taishet smelter will be a significant driver for the economic development of the Irkutsk region. Aluminium production at the smelter will be powered by clean and renewable hydropower. Total investment...
Hydro has teamed up with electric car maker Polestar and electric motorcycle pioneer CAKE for a unique project, named Re:Move. Re:Move is commissioned by Wallpaper* Magazine and created by designer Konstantin Grcic. Re:Move is an electric transporter and presents a new, sustainable way to carry and deliver goods. This project aims to spark new thinking around urban infrastructure and mobility. Re:Move is built with fully recyclable, low-carbon aluminium. “Hydro wants to lead the way in the green energy transition, and we believe collaborations between leading partners are key to accelerate this change. With our growth in renewable energy and low-carbon aluminium we can be an important partner for companies in their effort to further reduce emissions in production and use. This is why we...
In the fourth quarter of 2020, the United States alumina imports stood at 314,000 tonnes, reflecting a marginal decrease of 2,000 tonnes quarter-on-quarter. In Q3 2020, the United States had imported 312,000 tonnes of alumina – 13.57 per cent less than 361,000 tonnes in Q2 2020. On a year-on-year calculation, the United States alumina imports in Q4 2020 stood down by 32.62 per cent from 466,000 tonnes. In the entire year of 2020, the United States alumina imports totalled 1.340 million tonnes compared to 1.940 million tonnes in 2019. This records a downfall of 30.93 per cent year-on-year in the US alumina imports in 2020. Brazil continued to be the top exporter of alumina to the United States in the fourth quarter of 2020, supplying 239,000 tonnes. In Q3, Brazil exported 229,000 tonnes –...
South Korea's imports of aluminium scrap from the US stood at 18,900 tonnes in December 2020, from 22,900 tonnes in December 2019. That marked a decrease of 17.47% year-on-year. On a monthly basis, imports declined by 25% from 25,200 tonnes in November 2020, as updated by the US Census Bureau. For the full year of 2020, South Korea imported 287,000 tonnes of aluminium scrap, from 273,000 tonnes imported for the full year of 2019. That was up by 14,000 tonnes and 5.13% year-on-year. South Korea's imports of total aluminium (semi-finished products, crude metals and alloy and scrap) from the US were 19,800 tonnes in December 2020, down by 20% from 24,800 tonnes in December 2019. Imports stood 26% lower from November imports of 26,700 tonnes. In January-December 2020, total imports came in at...
According to the Shanghai Metals Market, China’s primary aluminium production stood at 3.02 million tonnes in February 2021, reflecting a downfall of 9.04 per cent from 3.32 million tonnes in January 2021. However, on a year-on-year calculation, the output improved by 5.23 per cent from 2.87 million tonnes. China’s aluminium production in the first two months of 2021 totalled 6.34 million tonnes, up 6.73 per cent from 5.94 million tonnes during the same period last year. Daily output, however, gained a few hundred tonnes in February 2021 to stand at 107,700 tonnes, driven by continued production at Yunnan Shenhuo, Hongtai and Inner Mongolia Chuangyuan Phase II. In January 2021, China’s daily primary aluminium output stood at 107,100 tonnes, registering a rise of 1,400 tonnes from 105,800...
