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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Hydro announced that its entire aluminium extrusion operations in Europe are now certified against the Aluminium Stewardship Initiative (ASI) Performance Standard. This came after Hydro automotive components plant in the United Kingdom received ASI certification. “This is a remarkable achievement for our organization in strengthening our position as the industry leader in sustainable business operations,” said executive vice president Paul Warton, who leads the business area Hydro Extrusions. “But first I would like to congratulate our team in Gloucester on their ASI certification.” Hydro Aluminium UK Ltd in Gloucester covers the site’s production of aluminium solutions, including fabrication, surface treatment and assembly. Fabrication activities include cutting, stretch bending and CNC...
Three-month LME aluminium advanced 1.7% to close at US$2,061.5 per tonne on Tuesday, with open interest adding 4,006 lots to 725,000 lots. As of Tuesday, February 9, LME aluminium cash (bid) price stands at US$ 2045.50 per tonne, LME official settlement price stands at US$ 2045.50 per tonne; 3-months bid price stands at US$ 2052 per tonne, 3-months offer price is US$ 2052 per tonne; Dec 21 bid price stands at US$ 2115 per tonne, and Dec 21 offer price stands at US$ 2115 per tonne. The LME aluminium opening stock stood at 1395275 tonnes. Live Warrants totalled 1170850 tonnes, and Cancelled Warrants were 224425 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2040.68 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to stand at US$...
On 9 th February 2021, Century Aluminium, the global primary aluminium producer with operations in the USA and Iceland, declared that it has named Gunnar Gudlaugsson as Executive Vice President, Global Operations. Mr Gudlaugsson has served in a variety of operational roles of increasing responsibility since he joined in 2018, which included most recently as Vice President, European Operations and Managing Director of Norðurál. A BS in Electrical Engineering, Mr Gudlaugsson also holds a PG in Master of Science - Electrical Power Engineering from the University of Aalborg in Denmark. Jesse Gary, COO, Century Aluminium, stated: "Our Board and I are thrilled to announce Gunnar's promotion to this critically important position. Since joining us in 2008, Gunnar has played a leading role in...
Norsk Hydro the globally integrated aluminium giant has been sued by a group of communities in Brazil. Around 40,000 Brazilians are involved in the lawsuit against Norwegian aluminium producer, as they stated, it is toxic waste pollution the company is causing in northern Brazil. The communities who live in the lower Amazon region in the Brazilian state of Para, mainly members of Cainquiama – the Amazon Association of Mixed Race, Indigenous and Quilombolas – representing some 11,000 families has brought the lawsuit. PGMBM, the law firm of the community said: “They are seeking compensation for what they say is the incorrect disposal of toxic waste in the Murucupi River, as well as other effects from the presence of Norsk Hydro installations in the region.” Norsk Hydro has three facilities...
Vedanta Limited has increased its aluminium ingot and aluminium products prices for the third day in a row, with effect from Tuesday, February 9. Aluminium ingot price has been raised by INR 1,250 per tonne from INR 169,250-182,250 per tonne on February 6 to INR 170,500-183,500 per tonne on February 9. Vedanta is currently selling its aluminium wire rod at INR 178,000-185,500 per tonne, up by INR 1,250 per tonne from INR 176,750-184,250 per tonne last Saturday. The company’s aluminium billets price has come in at INR 178,500 per tonne compared to INR 177,250 per tonne on February 6. Vedanta Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which during February 5-8 increased incessantly to reach at US$...
On 8 th January 2021, the bond credit rating business of Moody's Corporation, Moody's Investors Service had withdrawn Press Metal Aluminium Holdings Bhd's Ba3 corporate family rating and negative outlook for business reasons. The bond rating firm said: "Moody's has decided to withdraw the rating for its business reasons.” However, the American financial services firm did not clarify any specific reasons behind the withdrawal of Press Metal’s rating. Press Metal initiated as a local aluminium extrusion company in 1986 and after over 30 years of growth, the company proclaims that presently it a globally integrated aluminium producer with the largest presence in Southeast Asia. Press Metal said: "From upstream smelting activities to downstream extruding operations, Press Metal is a fully...
According to the Shanghai Metals Market, China’s alumina production started the year with a drop of 1 per cent month-on-month in January 2021. Compared to 5.96 million tonnes in December 2020, China produced 5.90 million tonnes of alumina in January 2021. This included 5.69 million tonnes of metallurgical-grade alumina, with the daily output at 183,500 tonnes. The daily alumina output in January 2021 reflected a downfall of 2,000 tonnes or 1.08 per cent from 185,500 tonnes in December 2020. However, on a year-on-year basis, it stood up by 2.36 per cent, found SMM. The decline in China’s alumina production in January could be attributed to the production restrictions in a heating season and limited roasting capacities at alumina refineries in Shanxi, Henan, and Shandong due to shortages of...
The economy of Iceland is predicted to recover in 2021, as the global economy reopens and international travel resumes. Although there is uncertainty over the evolution of the pandemic lingers and clouds the outlook, posing a key downward risk to recovery. As per FocusEconomics panellists, the economy is expected to grow by 4.7% in 2021. The Nordic island nation’s import of aluminium plates, sheets and strips during 2018-19 was recorded at 4610 tonnes and the expenditure for the import stood at $16.33 million. The import for 2020 remained at 2473 and the expenditure stood to $12.08 million. However, when the import volume and expenditure of 2020 got assorted with the existing two years, it denotes 7083 tonnes and $28.41 million respectively. Iceland’s import of aluminium plates, sheets...
According to the latest data shown by the US Geological Survey, India’s aluminium scrap imports from the United States dropped in November 2020 after five consecutive months of growth during June-October 2020. Data shows India imported 30,300 tonnes of aluminium scrap from the United States in November, down by 8,400 tonnes or 21.71 per cent from 38,700 tonnes in October. However, on a year-on-year basis, India’s aluminium scrap imports from the US in November 2020 stood 29.49 per cent higher than 23,400 tonnes. During January-November 2020, India’s aluminium scrap imports from the United States totalled 277,000 tonnes compared to 240,000 tonnes during the same period last year. This reflects a year-on-year hike of 37,000 tonnes or 15.42 per cent. The United States’ total aluminium scrap...
AlCircle believes to stay at top of the mind of the global aluminium value chain industry, starting from publishing daily news update of the industry to various industrial reports on trending topics and publishing e-Magazines on time to time basis on global issues related to the industry. After the gala success of the July-August 2020, 5 th edition of our e-Magazine “COVID-19 impact: Importance and Emergence of Industry 4.0”, now on this January-February 2021, AlCircle launches the 6 th edition of its e-Magazine on the global trending topic “Green Aluminium: Sustainable Future for the Industry.” As we all know that metal producers are facing a dual challenge in the energy transition. First, they must meet the rising global demand for vital commodities and secondly they have to reduce...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices for the third time in a row, albeit slower than the previous time, with effect from Tuesday, February 9. Hindalco’s aluminium wire rod price has come in at INR 181,850 per tonne after being raised by INR 1,250 per tonne. On Saturday, February 6, the aluminium wire rod price was at INR 180,600 per tonne, up by INR 2,250 per tonne from the previous day. Hindalco has increased its aluminium billets price by INR 1,250 per tonne as well from INR 176,600 per tonne on February 6 to INR 177,850 per tonne on February 9. Hindalco’s aluminium ingot price is hovering around INR 170,750 per tonne as of February 9 compared to INR 169,500 per tonne on February 6. This also reflects an increase of INR 1,250 per...
A00 aluminium ingot price has increased further for the fourth day in a row by RMB 140 per tonne to RMB 15,740 per tonne amid muted input costs on Tuesday, February 9, found the Shanghai Metals Market. This marks the highest price since the beginning of 2021. According to SMM, the average prices are expected to range between RMB 15,720 per tonne and RMB 15,760 per tonne, with spot contract to be traded at a premium price of RMB 70-30 per tonne. Shenyang has seen the highest growth in primary aluminium ingot price of RMB 210 per tonne to RMB 15,730 per tonne, followed by the surge of RMB 180 per tonne in Wuxi, Hangzhou, and Chongqing to stand at RMB 15,740 per tonne, 15,760 per tonne, and RMB 15,785 per tonne, respectively. In Tianjin and Linyi, A00 aluminium ingot price has climbed by RMB...
According to the report published by Bank of Central African States (BEAC), it has been stated that in 2020 Aluminium du Cameroun (ALUCAM) has exported 49,300 tonnes of aluminium. This export volume is recorded as the second-lowest by the aluminium company in a decade, as the bottom lowest was in the 2012 financial year when the export was marginally over 30,000 tonnes. The Central Bank data also reveals that the export trend of Alucam has remained downward in the past 10 years, aside from the 2015 and 2017 financial years when the company exported over 80,000 tonnes of aluminium. Its yearly aluminium exports plunged to 49,300 tons in 2020 from 80,000 tonnes in 2017. The drastic fall is due to the unfavourable situation Alucam drove itself into post the divestment of its strategic...
Three-month LME aluminium added 0.4 per cent to settle at US$ 2,027 per tonne on Monday after hitting a one-month high at US$ 2,040 per tonne earlier in the session, with open interest decreasing 4,352 lots to 741,000 lots. LME aluminium cash (bid) price and LME official settlement price opened the week on Monday, January 8, at US$ 2025.50 per tonne, a surge of US$ 18 per tonne from US$ 2007.50 per tonne on Friday, January 5. 3-months bid price and 3-months offer price climbed by US$ 15.50 per tonne from US$ 2012 per tonne to US$ 2027.50. Dec 21 bid price and Dec 21 offer price hovered around US$ 2096.50 per tonne. The LME aluminium opening stock decreased from 1406525 tonnes to 1402625 tonnes on February 8. Live Warrants totalled 1169125 tonnes, while Cancelled Warrants stood at 233500...
The independent climate and energy think tank focused on accelerating the global electricity transition, Ember said that the Chinese aluminium industry needs to pull down dedicated power capacity equivalent to more than Germany's entire coal fleet over the next decade to put China on track to meet its carbon neutral goals. China produces for more than half of global aluminium, churning out 37 million tonnes in 2020. President Xi Jinping has vowed China will achieve peak emissions by 2030 and carbon neutrality before 2060. Ember, in a report said: “China's record aluminium output last year emitted more CO2 than some entire countries, including Indonesia and Brazil.” Muyi Yang, the author of the report said: “China will need to shut around 47 gigawatts of inefficient, subcritical coal power...
Guinean mining logistics company United Mining Supply (UMS) is looking for sourcing alumina to produce specialty alumina at Alteo plant in France. This news came in late January after UMS chairman Fadi Wazni told S&P Global Platts. UMS took over the charge of Alteo’s production site near the southern city of Marseille in early January. Alteo’s Marseille plant will initially need to procure 400,000 tonnes of alumina per year to process it into specialty products dedicated to lithium-ion batteries and smart phones. In around three years, this requirement is expected to increase to 500,000 tonnes per year with the expansion of the plant, said Wazni to S&P Global Platts. "We may open bids for alumina as early as this week," he said. "The market for alumina is quite big so we are quite...
Rusal, a leading global aluminium producer, has announced operating results for the fourth quarter of 2020 and full-year ending on December 31, revealing that its bauxite production decreased in Q4 by 7.6 per cent Q-o-Q to stand at 3.539 million tonnes. In Q3, bauxite output was at 3.829 million tonnes. The full-year bauxite production for 2020 totalled 14.838 million tonnes, down by 7.5 per cent from 16.047 million tonnes in the previous year. The decline in bauxite production in Q4 2020 was mainly because of the decrease in shipment volume at the Timan refinery in December due to unfavourable weather conditions. The whole year production stood down attributing to the suspension of business operations in Guyana, as announced at the beginning of February 2020. Bauxite third party sales...
Argentina had an estimated decline in GDP of 11.8% in 2020, primarily due to the impacts of the COVID-19 pandemic. The nation had one of the strictest and lengthiest lockdowns in the world and, although the pandemic didn't cost as many lives in Argentina as it did in other large Latin American countries. The second-largest economy of South America’s is expected to rebound in the coming years, with the IMF's October 2020 estimates predicting growth of 4.9% for 2021 and 2.5% for 2022, subject to post-pandemic global economic recovery. In its most recent January 2021 update of the World Economic Outlook, the IMF has revised its GDP growth projections for Argentina to 4.5% in 2021 and 2.7% in 2022. The Southern American nation’s import of aluminium tubes or pipes fittings was recorded at 929...
