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...
Grow with
AL Circle
SMM aluminium ingot price has edged higher by RMB 150 per tonne to stand at RMB 17580 per tonne on Thursday, 04 March 2021, from its previous price of RMB 17430 per tonne on March 3. This marks the second consecutive hike in aluminium price. The price is expected to range at RMB 17560-17600 per tonne. In Foshan and Wuxi, the price has risen by RMB 150 per tonne and RMB 155 per tonne to stand at RMB 17580 per tonne and 17570 per tonne. Their average prices are expected to range within RMB 17560-17600 per tonne and RMB 17560-17580 per tonne. Aluminium prices in Hangzhou and Chongqing have come in at RMB 17610 per tonne and 17570 per tonne, up RMB 175 per tonne and RMB 170 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi have increased to stand at RMB 17555 per...
Three-month LME aluminium fell 0.43 per cent to close at US$ 2215 per tonne on Wednesday, with open interest rising to 704,000 lots. It is expected to trade between US$ 2100-2300 per tonne today. LME aluminium cash (bid) price and LME official settlement price expanded by US$ 27 per tonne on Wednesday, March 3, to stand at US$ 2203 per tonne. 3-months bid price and 3-months offer price came in at US$ 2207 per tonne, up by US$ 28.50 per tonne from US$ 2178.50 per tonne. Dec 22 bid price and Dec 22 offer price stood at US$ 2247.50 per tonne compared to US$ 2229.50 per tonne on March 2. The LME aluminium opening stock decreased from 1307125 tonnes on Tuesday to 1304075 tonnes on Wednesday, March 3. Live Warrants totalled 1084825 tonnes, while Cancelled Warrants stood at 219250 tonnes. LME...
Sanjeev Gupta’s Alvance Aluminium, a subsidiary of GFG Alliance is going to hold two extra live sessions in regards to the consultation on plans for a new £94 million recycling and aluminium billet plant at its Lochaber smelter in Fort William. Until 15 th March 2021, the public consultation will be running and following the first live consultation event last week, Alvance will host two further online sessions from 10.30-11.30am on 9 th March and from 4-5 pm on 11 th March 2021. The project team members will be on hand to answer any questions through a live chat function. Brian King, Chairman, Alvance British Aluminium, said: “We are encouraged by the response so far but also conscious that the current pandemic restrictions and the requirement to conduct the consultation virtually present...
On Tuesday, March 2, the United States Commerce Department levied final anti-dumping duties on common alloy aluminium sheet import from 18 countries, including up to 242.8 per cent on Germany and 4.83 per cent on Bahrain. The news came after the US Commerce Department announced the duties following Rhode Island Governor Gina Raimondo’s win as the new US Commerce Secretary in an 84-15 U.S. Senate vote. The anti-dumping case and anti-subsidy countervailing duty case were initiated by the Trump administration in March 2020. Germany, the largest exporter of aluminium sheet to the US, had the highest anti-dumping rate in the range of 49.4 per cent to 242.8 per cent. In 2019, Germany exported $286.6 million worth aluminium sheet to the United States. Bahrain, the second-largest exporter with...
Plastic Free Port Stephens has developed a product that will help to lessen landfill. In the times when we forget a reusable water bottle, Plastic Free Port Stephens have grouped up with Bluesky Beverages to develop Port Stephens Plastic Free Water. Alicia Cameron, Founder of Plastic Free Port Stephens, said: “The bottles are reusable and recyclable and they can go in the dishwasher.” The Port Stephens Plastic Free Water Bottles feature a stunning image of Tomaree Headland and future production runs are set to also highlight the Incredible by Nature tourism campaign which promotes Port Stephens. These innovative fundraisers may prove to become tomorrow’s collectables all while helping the environment. “Far more aluminium cans are recycled than plastics at the moment.” The Port Stephens...
Hindalco Industries Limited revised its aluminium ingot and aluminium products prices on two consecutive days – March 2 & March 3. On Tuesday, March 2, the company reduced its aluminium wire rod and aluminium billets prices by INR 3,500 per tonne or 1.8 per cent to INR 193,100 per tonne and INR 189,100 per tonne, respectively, from INR 196,600 per tonne and INR 192,600 per tonne on Friday, February 26. However, on the next day, March 3, Hindalco’s aluminium wire rod and aluminium billets prices rebounded by INR 2,000 per tonne to settle at INR 195,100 per tonne and INR 191,100 per tonne, respectively. Hindalco’s aluminium ingot price also saw a dip of INR 3,500 per tonne or 1.9 per cent on March 2 from INR 185,500 per tonne on February 26 to INR 182,000 per tonne. However, on March 3, it...
Alupro, the aluminium packaging recycling organisation, has reportedly launched a new Recycle Aluminium website to impart education on the benefits of infinitely recyclable aluminium packaging. The website features the latest data, how-to guides, blog posts, videos, fact sheets and much more, aiming to fulfil the industry’s obligation to meet recycling targets. In the United Kingdom alone, more than 12 billion items of aluminium packaging are sold every year – from beverage cans, foil trays, and aerosol containers to caps and closures. To direct these items into recycling, Alupro has geared up to enhance the awareness of recycling and its benefits. Alupro pointed out that about 56 per cent of aluminium was recycled in the United Kingdom in 2019, which means a long way to go to achieve the...
Mexico ranks as the world's 15 largest economies and is the second-largest economy in Latin America. The country is highly dependent on the United States, its largest trading partner and destination of nearly 80% of its exports. In its most recent January 2021 update of the World Economic Outlook, the IMF has revised its GDP growth projections for Mexico to 4.3% in 2021 and 2.5% in 2022. The Latin American nation’s export of aluminium cans during 2018-19 remained at 6.38 million tonnes and the earnings recorded for the export stood at $572.40 million. The export for 2020 was spotted at 10.60 million tonnes and the revenue generated stood at $728.28 million. However, when the export volume and earnings of 2020 get assorted with the existing two years, it showcases 16.98 million tonnes and...
The world’s largest bauxite exporting nation, Guinea has made an astonishing entry in the 2019 Fraser Institute ranking, crowing first in the world in terms of mining potential. Notwithstanding, the poor discernment of its mining policies obstructed the country from appearing in the top 10, in terms of overall attractiveness. According to the Fraser Institute, the top think-tank in Canada and which now ranks in the top 15 among all think-tanks worldwide pointed that Guinea ranks as the 43 rd most attractive jurisdiction globally in 2020, while the West African nation was at 20 th place in 2019. If this position marks a relapse to the country that was both continental leader and 1 st in the world in terms of mineral potential, it must be stressed that the first African producer of bauxite...
At the 58th National Metallurgists’ Day (NMD) International Conference and 74th Annual Technical Meeting (ATM), Mr Abhijit Pati, CEO & Director of Bharat Aluminium Company (BALCO), led the panel discussion on ‘Enhancing global competitiveness of Indian metals industries’, whereby he said Indian aluminium industry had been following the government’s visionary initiatives such as Make in India, Smart Cities, Power for All, indigenous space programs, domestic value addition, creating jobs and SMEs, aiming to make the country a self-reliant nation. Mr Pati mentioned that the Indian aluminium Industry generated over 8 lakh direct and indirect jobs and developed more than 4000 SMEs in the downstream sector. “The clarion call of an Aatmanirbhar Bharat from our Honorable Prime Minister is seeing...
The LME aluminium benchmark price edged 1 per cent higher on Tuesday, March 2, to close at US$ 2176 per tonne. On Wednesday, the LME complex performed similarly, with aluminium increased 4.46 per cent. LME aluminium cash (bid) price and LME official settlement price gained US$ 21.50 per tonne to stand at US$ 2176 per tonne on Tuesday, March 2. 3-months bid price and 3-months offer price settled at US$ 2178.50 per tonne, growing by US$ 13 per tonne from US$ 2165.50 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2229.50 per tonne compared with US$ 2218 per tonne on March 1. The LME aluminium opening stock decreased from 1316800 tonnes on Monday to 1307125 on Tuesday, March 2. Live Warrants totalled 1082050 tonnes, while Cancelled Warrants stood at 225075 tonnes. LME...
Global mining and metal giant Rio Tinto has been slapped with a $406.5 million bill as part of its latest dispute with the Australian Taxation Office. Jakob Stausholm, the new CEO of Rio Tinto was in Melbourne lately, as the mining company is trying to remodel its reputation in the wake of the Juukan Gorge caves incident last May and now the new ATO row is another blow. With totalling almost $939 million, Rio and the ATO are now in dispute on three matters. While in the latest row, the ATO has issued the mining giant with amended assessments of $359.4 million in primary tax and $47.1 million in interest over money paid by its Australian entity to its United Kingdom entity. The assessments relate to the denial of interest deductions on an isolated borrowing used to pay an intra-group...
A00 aluminium ingot price has soared by RMB 530 per tonne to settle at RMB 17,430 per tonne on Wednesday, March 3, after two intermittent declines on March 1 and 2 from RMB 17,270 per tonne to RMB 16,900 per tonne, according to the Shanghai Metals Market. The average prices are expected to range between RMB 17,410 per tonne and RMB 17,450 per tonne, with spot contract to be traded at a premium price of RMB 50-10 per tonne. In Foshan, primary aluminium ingot price has jumped by RMB 520 per tonne to reach at RMB 17,430 per tonne, followed by the surge of RMB 510 per tonne and RMB 500 per tonne in Shenyang and Wuxi to come in at RMB 17,380 per tonne and RMB 17,415 per tonne, respectively. In Hangzhou, A00 aluminium ingot price is standing at RMB 17,435 per tonne by also gaining RMB 500 per...
The USA based Ampal, Inc., a fully-owned subsidiary of U.S. Metal Powders, Inc. and Lehigh University’s Loewy Institute in Pennsylvania, USA, has accomplished the Phase 1 Ben Franklin project on the ‘Optimization of Aluminum Alloy AA6061 powder for Selective Laser Melting Process’. U.S. Metal Powders, Inc. has been supplying aluminium alloy powders produced by air and inert gas atomization to the additive manufacturing industry for several years. The demand for aluminium alloys has been on the rise and AA6061 (Al-Mg-Si) is one of the most sought after alloy systems in the AM industry, with applications in several industries including the automotive and aerospace sectors. However, the production of sound parts using AA6061 alloy powder in Selective Laser Melting has been challenging due to...
Vedanta Limited has reduced its aluminium ingot and aluminium products prices with effect from Tuesday, March 2, after a colossal hike of INR 7,250 per tonne on Friday, February 26. The company has cut its aluminium ingot price by INR 3,500 per tonne from INR 185,250 – 198,250 per tonne on Friday to INR 181,750 - 194,750 per tonne on Tuesday, March 2. Vedanta’s aluminium wire rod price has come in at INR 189,250 – 196,750 per tonne, also down by INR 3,500 per tonne from INR 192,750 – 200,250 per tonne on February 26. Billet price is hovering around INR 189,750 per tonne compared to INR 193,250 per tonne. Vedanta links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which after February 26 decreased by US$ 48 per tonne...
Aluminium Stewardship Initiative announced today, on March 2, 2021, that it successfully certified Yunnan Yongshun Aluminium Co., Ltd. against Performance Standard Certification for remelting/refining and semi-fabrication activities. The facility’s operations include smelting, casting, and sawing processes for manufacturing mid-to-high end aluminium alloy flat ingots, having an annual production capacity of 150,000 tonnes. The operation is a joint venture between Yongxin Aluminium Co., Ltd. of Yunnan Aluminium Group and Xiamen Xiashun Aluminium Foil Co., Ltd., which is also an ASI Member. On receiving the ASI certification, General Manager of Yunnan Yongshun Aluminium Co., Ltd., Li Shu, said: “We are pleased that Yunnan Yongshun Aluminium Co., Ltd. has successfully passed ASI's...
Bosnia and Herzegovina's gross domestic product to grow by 2.8% in 2021, which is 0.6% points below, as predicted by the World Bank in June’20. Bosnia's economy sunk by an estimated 4% in 2020, more than the 3.2% fall in GDP forecast in June, the World Bank said in its January 2021 Global Economic Prospects report. The nation at Balkan Peninsula in south-eastern Europe recorded 2088 tonnes of aluminium tubes and pipes import during 2018-19 and the revenue expended for the import remained at $6.88 million. The import for 2020 stood at 533 tonnes and the expenditure occurred for the import noted at $3.67 million. However, when the import & expenditure for 2020 gets assorted by the existing two years, it signifies 2621 tonnes and $10.55 million respectively. Bosnia and Herzegovina's import...
One of the world's largest exporters of metallurgical bauxite, operating mines located in the northwest of the Republic of Guinea, Compagnie des Bauxites de Guinée (CBG) has paid a total of $471 million during 2015 and 2019, as reported by the senior officials from the Ministry of Mines and Geology. Following the efficient mechanism for several years, in 2019, CBG paid every month, one-twelfth of the total amount of taxes budgeted and fixed in advance. Indeed, at the end of the year, this amount is often different from the overall amount achieved and which is the only one to be taken into account in the reconciliations carried out to consolidate the figures. Hence, over the past five years - the 2020 figures are being reconciled - the company paid $149 million in 2015; $108 million in...
