India’s Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of aluminium extrusion profiles, structures and articles from China, Malaysia, Vietnam and Thailand following a complaint by the Aluminium Extrusion Manufacturers Association of India (ALEMAI). The investigation will examine imports between April 1, 2025 and June 30, 2026. The injury assessment will cover the period from 2022-23 to June 30, 2026. ALEMAI, which represents 228 domestic manufacturers, alleged that a significant increase in dumped imports from the four countries had caused injury to India's aluminium extrusion industry. Explore further insights and forecasts for the aluminium flat rolled products (FRP) market from our comprehensive report - Aluminium Flat Rolled...
The London Metal Exchange (LME) aluminium price chart recovered on the November 9 trading session, wish cash reporting nearly 1 per cent gain compared to the November 6 close. Longer-dated contracts and inventories, however, edged lower. The LME aluminium cash bid as well as offer prices gained 0.96 per cent day-on-day on November 9. The bid recovered from USD 3,115 per tonne to USD 3,145 per tonne. The offer price surged from USD 3,117 per tonne to USD 3,147 per tonne . Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid price reported a 0.33 per cent rise from USD 3,049 per tonne on November 6 to USD 3,059 per tonne on November 9. The offer...
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SMM aluminium ingot price has declined by RMB 30 per tonne to stand at RMB 14880 per tonne on Thursday, 29 October 2020 from its previous price of RMB 14740 per tonne on October 28. This marks the third consecutive decline in aluminium ingot price. The price is expected to range at RMB 14690-14730 per tonne. In Foshan and Wuxi, the price has decreased by RMB 40 per tonne and RMB 10 per tonne to stand at RMB 14680 per tonne and RMB 14740 per tonne. Their average prices are expected to range within RMB 14660-14700 per tonne and RMB 14720-14760 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 14750 per tonne and RMB 14670 per tonne, down RMB 15 per tonne and RMB 20 per tonne. Aluminium ingot prices in Shenyang, Tianjin, and Linyi have dropped to stand at RMB 14690 per...
Three-month LME aluminium closed 0.52 per cent lower at US$ 1,811.5 per tonne on Wednesday, October 28, after hitting its lowest in nearly three weeks at US$ 1,802.50 per tonne earlier in the session. It is expected to trade between US$ 1,800-1,840 per tonne today. LME aluminium cash (bid) price and LME official settlement price extended decline from US$ 1808 per tonne to US$ 1801 per tonne, as of Wednesday, October 28. 3-months bid price and 3-months offer price stood at US$ 1815 per tonne, down by US$ 8 per tonne from US$ 1823 per tonne. Dec 21 bid price and Dec 21 offer price also decreased from US$ 1873.50 per tonne to US$ 1865 per tonne. The LME aluminium opening stock hovered at 1466325 tonnes. Live Warrants stood at 1216650 tonnes, while Cancelled Warrants at 249675 tonnes. LME...
On 26 th October’20, Jamaican Bauxite mining company, Jamalco mobilised work crews and equipment to remove a train that derailed between the communities of Rymesbury and Gravel Hill in Clarendon amid the recent heavy rains. On the crash site late Monday afternoon, Jamalco representatives were observed putting in place the necessary equipment, including generators and spotlights, to assist in the process of removing the train from the tracks. Jamalco also placed security personnel at the site, which is approximately 800 metres from the Rymesbury main road, where two trucks offloaded gravel to be used in the creation of a path along the train tracks for vehicles to drive. Rymesbury residents said damage to the train tracks during the downpour caused the bauxite train to derail.
On 27 th October’20, The President of United States, Donald Trump issued a decree towards formally removing the tariffs on raw aluminium imports from Canada, but with a threat to re-impose them, if a surge in imports crosses the northern US border. "I have determined that imports of aluminium from Canada will no longer threaten to impair the national security, and thus I have decided to reinstate Canada's exclusion from the tariff," the decree reads. The decree follows an agreement with Canada made public previous month by the US Trade Representative’s office to reinstate exclusion for Canadian imports from 10% “Section 232” national security tariffs, retroactive to 1 st September. The US President first granted the exclusion to Canada in 2019, but a surge in imports of Canadian...
Rusal released its operating results for the third quarter of 2020 on October 27, 2020, revealing that its bauxite production decreased by 1.6 per cent quarter-on-quarter to amount to 3.829 million tonnes. In Q2, the company’s bauxite output was 3.89 million tonnes, increasing by 8.8 per cent Q-o-Q. The decline of output in Q3 was a result of unfavourable weather conditions in Guinea and Jamaica. Alumina production by Rusal, on the other hand, slightly increased by 0.4 per cent Q-o-Q in Q3 2020 to come in at 2.018 million tonnes, with Rusal’s Russian operations accounting for 35 per cent of the output. In the previous quarter, Rusal’s alumina production was 2.009 million tonnes. In total nine months of 2020, Rusal’s bauxite production stood at 11.298 million tonnes, down by 6.01 per cent...
Ardagh Group will add two new high-speed beverage can manufacturing lines at its Olive Branch, Mississippi, facility. This will meet the rising demand for infinitely recyclable beverage cans. The new lines will start production by the end of 2020. The manufacturing will initially focus on the company’s Ardagh Sleek™ line, package sizes recognized across growing beverage categories such as hard seltzers, beer, energy drinks and teas. “The additional capacity strengthens a full range of product sizes available to customers from a network of eight beverage can and end manufacturing locations throughout the U.S.” Claude Marbach, CEO, Ardagh Metal – Beverage North America, said, “This is one of a number of significant capacity expansion investments we are initiating to meet growing demand, as...
HEINEKEN USA has collaborated with Hornell Brewing Co., an affiliated entity of AriZona Beverages for the launch of AriZona SunRise Hard Seltzer to the U.S. market. The new range will be available in a variety 12-pack and single-serve cans. The companies will launch new range in the first quarter of 2021. AriZona SunRise Hard Seltzer will be available in four flavours: Mucho Mango, Cherry Punch, Lemon and Grapefruit. “As both family owned companies and brand building powerhouses, there are many synergies between HEINEKEN USA and AriZona, making this a winning partnership to bring our unique seltzer proposition to the market,” Don Vultaggio, Chairman for AriZona Beverage Co. said. “AriZona is an iconic player in the beverage industry, famous for bringing delicious and all-natural...
According to the latest data released by the International Aluminium Institute, alumina production in West Europe declined by 11.09 per cent month-on-month in September 2020 to amount to 433,000 tonnes. In August, production in West Europe was 487,000 tonnes, increasing by 10,000 tonnes or 2.1 per cent from 477,000 tonnes in July 2020. On a year-on-year calculation, West Europe’s alumina production in September 2020 was down by 11.45 per cent from 489,000 tonnes in September 2019. In the third quarter of 2020 (July-September), alumina production in West Europe totalled 1.397 million tonnes, a decrease of 1.69 per cent from 1.421 million tonnes in Q2 2020. On a year-on-year basis, production in Q3 2020 stood down by 3.8 per cent from 1.452 million tonnes during the same period last year....
Political tensions, a protracted health crisis and an elevated public debt burden cloud the outlook. FocusEconomics analysts see the economy contracting 5.7% in 2020 before growing 3.5% in 2021, which is down 0.1% points from last month's forecast. LatinFocus Consensus panellists see the Argentina economy contracting 11.6% in 2020 before expanding 5.0% in 2021, which is down 0.3 percentage points from last month's estimate. Brazil’s export of bauxite to its neighbouring country Argentina during 2018-19 has been recorded at 27,199 tonnes and revenue earnings stood at $5.55 million. The export for 2020 has been expected to be at 20,514 tonnes and earnings to stand at $4.08 million; however, when the export volume and earnings of the previous two years get assorted, it signifies 47,713...
Rusal announced that its aluminium production in the third quarter of 2020 totalled 939,000 tonnes, increasing by 1.3 per cent quarter-on-quarter from 927,000 tonnes in Q2. Siberian smelters represented 93% of the output. Rusal’s aluminium production increased in the third quarter after a drop in the earlier quarter by 1.4 per cent Q-o-Q. Aluminium sales continued to rise quarter-on-quarter, albeit slower than the previous quarter, to amount to 1.008 million tonnes in Q3 2020 versus 976,000 tonnes in Q2. In the September quarter, sales volume increased by 3.3 per cent, while in the June quarter it raised by 6.8 per cent. Sales of value added products also increased quarter-on-quarter by 25.4 per cent to 455,000 tonnes, demonstrating a recovery of VAP share in total sales mix to 45 per...
Vedanta has dropped its aluminium products price on Wednesday, 28 October 2020. The prices of some aluminium ingots are in the range of INR 151,750-164,750 per tonne, representing a decline of INR 2,000 per tonne from INR 153,750-166,750 per tonne on October 22. The company’s billet price came in at INR 159,750 per tonne on October 28, a decrease of INR 2,000 per tonne from INR 161,750 per tonne on October 22. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The LME aluminium prices have been rising so far in 2020. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake in Bharat Aluminium Co Ltd and smelters at Jharsuguda in Odisha. It...
On Tuesday, October 27, China’s environment ministry said no new aluminium production would be encouraged in the country’s sprawling western region, which occupies more than half the country’s total land area, including the Xinjiang region. Aluminium smelters in China have been increasingly building plants in western parts of the country, particularly in Yunnan, owing to its rich source of cleaner hydropower. Ministry gave the same suggestion for coke as well. In response to a National Development and Reform Commission (NDRC) document released in August on “encouraged industries” for China’s West, the Ministry of Ecology and Environment said aluminium and coke be excluded from the list. “Coking and electrolytic aluminium are high-polluting and high-energy consuming industries and they...
Aluminum Corporation of China Limited, known as Chalco, reported 5.3% year-on-year drop in third-quarter production to 900,000 tonnes. The primary aluminium output declined by 2.8% year-on-year to 2.76 million tonnes in the first nine months of 2020, Reuters reported. The company said in a Hong Kong stock exchange filing that its third quarter net profit quadrupled from a year earlier on substantial cut in operating costs. Net income stood at 416.06 million yuan for July-September, from 103.87 million yuan a year earlier. In the first nine months, net profits came in at 451.78 million yuan, down 44.3% year-on-year. Chalco’s revenue dropped 3.5% to 49.05 billion yuan but a 5.2% cut in total cost of operations saw Chalco firmly in the black. The production of alumina came in at 10.74...
Rio Tinto’s indefinite closure of aluminium alloy ingot plant in Beauharnois, Quebec, has been considered as an unexpected on workers and their Unifor Union, Canada's largest private-sector union, with over 300,000 members in a diverse range of sectors, across the country. On 26 th October’20, Renaud Gagné, Quebec Director, Unifor, said: “This is very bad news. A hard blow for our members as the holiday season approaches.” “In addition to the layoff notices and bonuses that will be offered to them in accordance with the collective agreement, workers will have the opportunity to go and work in Saguenay in one of the Rio Tinto factories,” Mr Gagné added. In the last one year, a 60% drop in contracts has made the employer to decide for the closure of the plant. The weekly yield dropped from...
Three-month LME aluminium hit its lowest in more than two weeks at US$1,812 per tonne earlier in the session, closing down 0.05% to settle at US$1,821 per tonne on Tuesday. It is expected to fluctuate between US$1,800-1,840 per tonne today. As of Tuesday October 27, LME aluminium cash (bid) price stands at US$ 1808 per tonne, LME official settlement price stands at US$ 1808 per tonne; 3-months bid price stands at US$ 1823 per tonne, 3-months offer price is US$ 1823 per tonne; Dec 21 bid price stands at US$ 1873.50 per tonne, and Dec 21 offer price stands at US$ 1873.50 per tonne. The LME aluminium opening stock stood at 1469000 tonnes. Live Warrants totalled 1216650 tonnes, and Cancelled Warrants were 252350tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1830.66...
The average alumina spot price in China has recorded a dip of RMB 4 per tonne to stand at RMB 2,290 per tonne on Wednesday, October 28, according to the Shanghai Metals Market data. In Henan, alumina price is standing at RMB 2,290 per tonne as well but by declining RMB 10 per tonne from the previous day. In other Chinese cities, the price has remained restrained. Imported alumina price and Australian Alumina FOB price have also remained muted at RMB 2,310 per tonne and US$ 277 per tonne, respectively, as of October 28. A00 aluminium ingot price has declined sharply by RMB 140 per tonne to stand at RMB 14,740 per tonne on October 28, found the SMM data. The average prices are expected to range between RMB 14,720 per tonne and RMB 14,760 per tonne, with spot contract to be traded at a...
Kanfit Ltd based in Nof HaGalil, Israel, is to render the Additive Manufacturing of aluminium parts through its subsidiary Kanfit3D, with the addition of an SLM® 280 Laser Beam Powder Bed Fusion (PBF-LB) AM machine from SLM Solutions, Lübeck, Germany. Kanfit3D specialises in additive manufacturing for the medical and aerospace sectors. The SLM 280 machine enables the medium- to high-volume production of aluminium parts and prototypes and was installed remotely in a joint effort between Kanfit3D’s technical team and SLM Solutions via telephone video conferencing, due to the travel restrictions imposed by the COVID-19 pandemic. It joins Kanfit3D’s EOS M290 PBF-LB AM machine from EOS GmbH, Krailling, Germany, which is used for producing Ti64G5 parts. Zachy Shtamler, COO of Kanfit3D, said:...
Lightweight construction on the chassis has several advantages, as it improved driving dynamics, lower fuel consumption and greater driving comfort. In regards to that Saint Jean Industries presented a bi-material brake disc at the lightweight construction summit in Würzburg. Two-part brake discs with a brake pot made of aluminium or sheet steel as well as a friction ring made of grey cast iron, ceramic or CFRP materials offer several advantages like slighter mass, higher braking performance and load capacity, better NVH behaviour and heat dissipation. However, connecting the two components and materials is still a complex and costly undertaking. Saint Jean Industries has taken on this problem and, according to Patric Auner, Business Development Manager for Saint-Jean Industries in...
