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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According to the Shanghai Metals Market, primary aluminium ingot inventories in China have continued to build-up this week, on Wednesday, February 10. Data shows the stocks have significantly gained 61,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at 775,000 tonnes. Last week, on February 4, primary aluminium inventories stood at 714,000 tonnes, increasing by 32,000 tonnes from the previous week. The chart below indicates the current status of primary aluminium inventories across China in more details: Primary aluminium inventories in Gongyi have expanded the highest by 19,000 tonnes to stand at 106,000 tonnes, followed by the surge of 15,000 tonnes in Wuxi to 266,000 tonnes. In Hangzhou and Nanhai, inventories have increased by 13,000...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China increased by 37,400 tonnes on lower shipments due to the Chinese New Year holiday. The stocks came in at 165,500 tonnes as of Wednesday February 10. Aluminium billet shipments stood at 14,000 tonnes this week. Shipments dropped by 13,300 tonnes. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Foshan increased the most, standing at 77,900 tonnes as of Wednesday, 10 February 2021. That was up 15,100 tonnes from last week. The stocks in Wuxi and Changzhou stood at 35,200 tonnes and 16,100 tonnes, an increase of 12,700 tonnes and 2,900 tonnes from last week. Aluminium billet inventories in...
Aluminium Bahrain (Alba) reported a Profit of BD32 million (US$85.1 million) in Q4 2020, up by 132% Year-over-Year (YoY). The Total Comprehensive Income came in at BD32.9 million (US$87.7 million), a jump of 138% YoY. Gross Profit increased to stand at BD60.1 million (US$159.9 million). Revenue from Contracts with Customers stood at BD278.8 million (US$741.5 million), down by 5% YoY in Q4. In 2020, Profit was BD9.7 million (US$25.9 million), up by 81% YoY. The company’s total Comprehensive Income was BD1.4 million (US$3.9 million), down by 73% YoY. Gross Profit rose 56% YoY to BD141 million (US$375 million). Revenue from Contracts with Customers was BD1,061.4 million (US$2,822.9 million), up by 3% YoY. “Alba’s top-line was driven in 2020 by higher metal Sales’ volume (14% YoY) and...
National Aluminium Company Limited (NALCO) has raised its aluminium ingot and aluminium products prices significantly with effect from Thursday, February 11, after reducing them last week. NALCO’s data shows its aluminium ingot price has soared by INR 4,600 per tonne to come in at INR 172,250 - 175,750 per tonne as of February 11. Last week, on February 5, NALCO’s aluminium ingot price was at INR 167,650-171,150 per tonne, down by INR 1,600 per tonne from the earlier week. NALCO’s wire rod price has also been raised by the same amount of INR 4,600 per tonne from INR 171,150-175,500 per tonne to INR 175,750 - 180,100 per tonne. Aluminium billets price is standing at INR 175,700 – 178,350 per tonne, also up by INR 4,600 per tonne from 171,100 – 173,750 per tonne on February 5. NALCO, like...
On 10 th February 2021, the non-profit organization focused on providing innovative implementation-ready solutions to advance the adoption of aluminium automotive body sheet, Alumobility announced the appointment of Mark White as Executive Director. Mark White will lead the organization, which was recently founded by Constellium and Novelis, providing strategic guidance to the ecosystem's marketing and technical work streams and he will report to the board of directors. A hard-core professional with more than 30 years of automotive experience, predominately at Jaguar Land Rover, White has held multiple leadership roles in body engineering, design, research, vehicle manufacturing processes and electrification. Throughout his career, He has focused on reducing overall vehicle weight,...
Rusal recently announced its fourth-quarter and full-year operating results of 2020, revealing that its aluminium production in Q4 stood at 950,000 tonnes, bringing the total full-year output to 3.755 million tonnes. The production in Q4 saw an increase of 1.2 per cent from 939,000 tonnes in Q3, while the output in the whole year stood flat compared to 3.757 million tonnes in 2019. Rusal’s Siberian smelters represented 93 per cent of total output in Q4 2020. In Q4, aluminium sales amounted to 1.028 million tonnes, with sales of value-added products (VAP) at 483,000 tonnes, reflecting recovery of VAP share in total sales mix to 47 per cent in Q4 from 37 per cent in Q2 2020. Aluminium sales in Q4 stood 2 per cent higher over the quarter from 1.008 million tonnes. In the whole year,...
Vedanta has hiked its aluminium products price for the fourth time in a row. With effect from Wednesday, 10 February 2021, the prices of some aluminium ingots are in the range of INR 172,250-185,250 per tonne. This marks a growth of INR 1,750 per tonne from INR 170,500-183,500 per tonne on February 09. The company’s billet price now stands at INR 180,250 per tonne on Wednesday, 10 February 2021, an increase of 0.98 per cent from INR 178,500 per tonne on February 09. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the...
Gabon is an upper-middle-income country, being the fifth-largest oil producer in Africa it has had strong economic growth over the past decade, driven by its production of oil and manganese. The Executive Board of the International Monetary Fund (IMF) during July’20 approved a purchase of about $152.61 million under the Rapid Financing Instrument (RFI). This had been the second purchase under the RFI to Gabon since the pandemic started. It aims at helping Gabon in meeting its urgent balance of payments needs. The country along the Atlantic coast of Central Africa recorded 361 tonnes of aluminium foil import during 2018-19 and the expenditure occurred for the import remained at $1.31 million. The import for 2020 stood at 295 tonnes and the expenditure accounted for $1.01 million. However,...
Hydro has supplied 400 tonnes of Hydro CIRCAL to HELL ENERGY for beverage can production. Can production at HELL ENERGY's subsidiary in Hungary, Quality Pack, has started and will be available in stores in mid-February. Hydro CIRCAL is an aluminium strip which contains a high ratio of post-consumer recycled aluminium from cans. It minimizes energy consumption in the manufacturing phase while maintaining the same quality, importantly, “closing the loop” in can production and recycling. In July 2020, Hydro entered into a strategic partnership with drinks producer HELL for the supply of Hydro CIRCAL recycled aluminium. That marked the entrance of Hydro CIRCAL into the beverage can industry. "This is an important milestone on our journey to supply more and more can material with an...
Aluminium Stewardship Initiative has certified Alu-Met GmbH against Performance Standard Certification for re-melting and casthouse operations at Aluminium GmbH Nachrodt plant in Nachrodt, Germany. The facility has a total annual capacity of 75,000 tonnes of extrusion billets of 6000 alloy series made from a feedstock primarily composed of recycled aluminium. The news came after ASI declared it while adding that the plant has received Provisional Certification under the ASI Interim Policy regarding Audits, Audit-Related Travel, and current COVID-19 situation. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate Alu-Met on the ASI Performance Standard certification with provisional status of their Aluminium GmbH Nachrodt facility. This second Performance Standard...
LAlumina LLC, which operated the Burnside Alumina until it was shut down in August’20 and laid off hundreds of workers has been charged and filed by lawsuits by several contractors. The contractors filed lawsuits against LAlumina soliciting money after they claim agreements for goods and services were broken. As per the records, they are collectively seeking more than $3.3 million from the company. Gonzales-based TMA Environmental, Baton Rouge-based Environmental Specialties International and Providence Engineering and Design; Albuquerque, New Mexico-based Summit Electrical Supply Co.; Clayton, Mississippi-based Olin Corp. and Dubai-based Mur Shipping BV are the lists of contractors filed lawsuits. In September’20, LAlumina shut down its operations within a year of acquiring the alumina...
India is rapidly moving to become a global hub for automotive manufacturing, but still, some key components which are required in manufacturing processes are imported. Driving towards a change, Vedanta Limited, India’s leading aluminium producer, announced the formal launch of aluminium cylinder head alloy, a vital raw material for manufacturing cylinder heads and other automotive components. In the aluminium product line of the company, it is the latest offering that provisions to various raw material requirements of the automotive industry. The Cylinder Head Alloy delivers advantages to material design which support automakers to increase the efficiency of internal combustion engines for improved performance on emission control, in line with BS-VI and CAFE (Corporate Average Fuel...
In China, primary aluminium production stood at 3.32 million tonnes in January, registering an increase of 1.22 per cent month-on-month from 3.28 million tonnes in December and 8.14 per cent year-on-year, showed Shanghai Metals Market. China’s daily average primary aluminium output rose 1,400 tonnes from 105,800 tonnes in December to 107,200 tonnes in January, as Yunnan Shenhuo and Inner Mongolia Chuangyuan continued to release output. The proportion of aluminium water came in at 63.3%, down 3.3 percentage points month-on-month. As of early February, there were 39.55 million tonnes of capacity in operation among 43.20 million tonnes per annum of total existing capacity, while operating rates across smelters stood at 91.6 per cent. As new aluminium projects in Yunnan will continue to...
Benchmark aluminium price on London Metal Exchange rose 1.22 per cent to US$ 2070.5 per tonne on Wednesday, February 10, from US$ 2045.5 per tonne on Tuesday. As of Wednesday, February 10, LME aluminium cash (bid) price stands at US$ 2070.50per tonne, LME official settlement price stands at US$ 2070.50per tonne; 3-months bid price stands at US$ 2073 per tonne, 3-months offer price is US$ 2073 per tonne; Dec 21 bid price stands at US$ 2128 per tonne, and Dec 21 offer price stands at US$ 2128 per tonne. The LME aluminium opening stock stood at 1389975 tonnes. Live Warrants totalled 1170100tonnes, and Cancelled Warrants were 219875 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2070.83 per tonne. SHFE Aluminium Price Trend China market is closed for the Chinese New...
RUSAL has announced that the management of the Company's Representative office in Guinea has been awarded the Guinea Best Company Awards for its contribution to the fight against COVID-19 and socially responsible policy during the pandemic. The Guinea Best Company Awards event is organised annually by the Think Tank of COPE-Guinée (Coordination of Guinean non-governmental organizations for the promotion of excellence) since 2010 to present 50 enterprises in Guinea and West Africa that have demonstrated significant achievements across various fields such as industry, economics and public life. The COPE-Guinée named Alexander Larionov, RUSAL General Director in Guinea, after assessing the results of 2020 from the list of top 50 managers of commercial enterprises in the region. The results...
On 10 th February 2021, the metals Flagship Company of Aditya Birla Group, Hindalco Industries reported a consolidated profit after tax at INR 1,877 crore for the Q3 ended 31 st December’20, which is up by 77% Y-o-Y and 385% consecutively. Hindalco posted a consolidated profit of INR 1,062 crore in Q3 FY20 and INR 387 crore in Q2 FY20. Novelis and India Aluminium business drove the group’s strong performance, supported by higher volumes and better product mix, lower input costs, stability in operations and cost-saving actions. “The consolidated revenue from operations leapt by 20% to INR 34,958 crore in Q3 FY21 when compared to INR 29,197 crore in the same period previous year”, Hindalco Industries said in a regulatory filing. Consolidated business EBITDA surged by 40% Y-o-Y to INR 5,242...
Vahan Qerobyan, Armenian Minister of the Economy articulated positive about the country’s estimated performance in 2021, as he expects double-digit growth. He said inflation would not exceed 2-2.5% and that Armenia has significantly less inflation than its neighbours. As for 2020, Qerobyan said he expects Armenia’s economy to have declined by 8.5% when all the numbers were in and reviewed. “There’s been a 20% drop in imports, exports and consumption,” he said. The International Monetary Fund has predicted that Armenia's economy will grow by 1% this year. The nation’s import of aluminium wire in 2019-20 has been recorded at 366 tonnes and the expenditure incurred for the import remained at $3.43 million. The import for 2021 has been analysed to be standing at 165 tonnes and expenditure to...
SMM aluminium ingot price has registered a hike for the five days in a row. As of Wednesday, 10 February 2021, the price now stands at RMB 15770 per tonne, marking a growth of RMB 30 per tonne. The price is expected to range at RMB 15750-15790 per tonne. In Foshan and Wuxi, the price has risen by RMB 30 per tonne and RMB 15 per tonne to stand at RMB 15770 per tonne and RMB 15775 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15800 per tonne and RMB 15760 per tonne, up RMB 15 per tonne and RMB 50 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi and Gongyi stand at RMB 15780 per tonne, RMB 15670 per tonne, RMB 15720 per tonne and RMB 15600 per tonne as of Wednesday, 10 February 2021, an increase of RMB 50 per tonne, RMB 20 per tonne, RMB 45 per tonne and RMB...
