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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A00 aluminium ingot price has remained restrained at RMB 14,940 per tonne, as of Monday, October 26, following a drop from RMB 14,950 per tonne on Friday, October 23, according to the Shanghai Metals Market. The average prices are expected to range between RMB 14,920 per tonne and RMB 14,960 per tonne, with spot contract to be traded at a premium price of RMB 140-180 per tonne, down by RMB 50 per tonne from the previous day. However, the restraint at A00 aluminium ingot price has not touched upon all the major Chinese markets except Gongyi, where the price has remained muted at RMB 14,840 per tonne. In Chongqing and Shenyang, the price has increased by RMB 20 per tonne and RMB 15 per tonne to stand at RMB 14,890 per tonne and RMB 14,905 per tonne, respectively. In in Hangzhou and Tianjin,...
Angul Aluminium Park, a joint venture of Nalco and Odisha Industrial Infrastructure Development Corporation (Idco), has positioned March 2021 as the deadline to complete infrastructure works by State Govt. of Odisha, India. As per reports, the state government has started receiving investment scheme in aluminium downstream industries; importance has been given towards speedy completion of the infrastructure works at the project site. Sanjay Singh, Idco Chairman-cum-Managing Director lately visited the site and directed officials-in-charge to diligently complete the infrastructure works in the coming five months. Singh said: “Work on infrastructure development within the proposed Aluminium Park is going on in full swing. The proposed park will be ready by March next year. Instructions have...
Arsenal teamed up with Ball Corporation to help the club and its millions of fans to reduce their impact on the environment. They will look at how the club can use aluminium packaging to build on the sustainability practices already employed. “The parties involved will also use exclusive player access and digital communications in the stadium and beyond to promote the importance of recycling for Arsenal fans and their communities around the world.” The collaboration is part of a global agreement between Arsenal’s owners Kroenke Sports & Entertainment (KSE) and Ball Corporation. The agreement will advance sustainability in sports and entertainment, and raise awareness of sustainable beverage packaging at sports venues. “Arsenal joins a prestigious list of KSE teams to partner with Ball...
Amag Austria Metall AG, the biggest company is the Austrian Aluminium sector and is also listed at Vienna Stock Exchange, has again recorded better incoming orders in recent months. On 22 nd October’20, Gerald Mayer, CEO, AMAG said: “In particular, the last two months were okay again. Even in the crisis, the stronger strategic orientation towards aviation and automobiles is confirmed.” “Only in the second quarter did the corona crisis halve the incoming orders, significantly worse than in the economic crisis a decade ago. But after the three bad months, it was better, especially in the last two months” Mayer believes: “The automotive sector should recover quickly and there is already another increase in orders, in aviation, it will take longer.” The CEO had already said in July: "The...
Hindalco Industries Limited has raised its aluminium products price after declining it for the second time in a row. With effect from Thursday, 22 October 2020, the company’s wire rods price stands at INR 167,100 per tonne, up by INR 1,750 per tonne, from INR 165,350 tonne on October 21. Aluminium billets price to stands at INR 163,100 per tonne Thursday, 22 October 2020, representing an increase of INR 1,750 per tonne from INR 161,350 per tonne on October 21. Hindalco aluminium ingots price has increased by INR 1,750 per tonne to INR 156,000 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 contract on LME has increased by nearly 3% so far in 2020. Aluminium operations of the...
ALVANCE British Aluminium has joined Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of ASI Members working toward a responsible aluminium value chain to 139. ALVANCE British Aluminium has a smelting facility in the UK. It is powered by hydro-electric power which makes the site one of the greenest metal production plants in the UK. The company provides semi-finished aluminium to the national and international market. The company’s vision is to add value through the development of downstream manufacturing based on the liquid aluminium produced on site. "ALVANCE British Aluminium is part of the ALVANCE Aluminium group. Our core business philosophy is to produce aluminium in a sustainable way to support our employees and the...
Hydro reported underlying EBIT of NOK 1,407 million for the third quarter of 2020. That was up from NOK 1,366 million in the same quarter last year. “Our top priority is the health and safety of our people and the communities where we operate. Hydro’s organization is maneuvering the Covid-19 situation, protecting people and operations while generating cash. I am pleased to see strong cash generation as a result of our efforts. At the same time, we are pursuing our profitability and sustainability agenda, strengthening our low-carbon position and exploring new growth areas,” said President and CEO Hilde Merete Aasheim. Extruded Solutions saw a faster-than-expected recovery, especially in Europe, and a favourable cost position. Reduced raw material costs, improved fixed costs and positive...
The British multinational automotive company Jaguar Land Rover is entering in research trials to test the competence of advanced lightweight metals and composites to be used in future vehicles. The subsidiary of the Indian automotive company Tata Motor’s, JLR is headquartered in Whitley, Coventry, United Kingdom is taking part in a two-year project, which will use technology developed for the aerospace industry to understand how materials respond to corrosive environments, in global markets and over rigorous terrains. Samples of new metals and composites planned for use in future Jaguar and Land Rover vehicles will be built into aerospace-grade sensors and put through their paces in some of the world’s most extreme physical conditions, tested for over 400,000km across North America. The...
The mining and metal Group Rio Tinto was highly inspired by the reduction of the environmental impact by the agricultural and food sector. Now by investing C$250 million in the commissioning of a bauxite residue filtration and optimization plant at its Vaudreuil alumina refinery in Saguenay – Lac-Saint-Jean, the metal giant is promoting the circular economy. The food industry, chiefly in winemaking filter presses are widely used and to reduce its ecological footprint, Rio Tinto has equipped itself with four 85-ton presses fitted with plates with hydraulic pressure to compress and revalorize the bauxite residues from the production of alumina. These residues, which take the form of potting soil or compost, must be dried before their storage and recovery. This drying process took up to...
The COVID-19 pandemic has de-stabilised most of the economies of the world, except for South Korea’s. As per the latest economic projections by the OECD, South Korea is looking at a mere 1% GDP contraction for 2020, the second-best performer among major economies behind only China. In contrast, the euro area is expected to shrink by around 8%, and the United States could see full-year contraction on the order of almost 4% of GDP. The East Asian nation’s export of aluminium tubes and pipes fittings during 2018-19 remains at 3278 tonnes and the revenue earnings stood at $24.72 million. The export for 2020 has been marked at 1440 tonnes and earnings to be standing at $15.16 million; when the export volume and earnings get assorted with the existing two years, it resembles 4718 tonnes and...
As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 7 per tonne to stand at RMB 2294 per tonne on Friday, 23 October 2020, after declining by RMB 5 per tonne on October 22. The prices of alumina in Shanxi, Guizhou, and Guangxi China markets have dropped by RMB 10 per tonne, RMB 25 per tonne and RMB 10 per tonne to stand at RMB 2280 per tonne, RMB 2315 per tonne and RMB 2320 per tonne on Friday, 23 October 2020. Alumina prices in Shandong and Henan have remained unchanged at RMB 2285 per tonne and RMB 2300 per tonne. Alumina (Imported) price has declined to RMB 2310 per tonne on October 23, representing a drop of RMB 10 per tonne. The average price is expected to move within a range of RMB 2300-2320 per tonne. A00 aluminium ingot price has inched...
Three-month LME aluminium ended flat at US$1,848 per tonne on Thursday. Shrinking LME aluminium stocks underpinned prices. SMM expects the contract to trade between US$1,830-1,870 per tonne today. As of Thursday October 22, LME aluminium cash (bid) price stands at US$ 1828 per tonne, LME official settlement price stands at US$ 1828 per tonne; 3-months bid price stands at US$ 1840 per tonne, 3-months offer price is US$ 1840 per tonne; Dec 21 bid price stands at US$ 1893.50 per tonne, and Dec 21 offer price stands at US$ 1893.50 per tonne. The LME aluminium opening stock stood at 1481950 tonnes. Live Warrants totalled 1264400 tonnes, and Cancelled Warrants were 217550 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1845 per tonne. SHFE Aluminium Price Trend Benchmark...
Jet Energy, a Moroccan EPC Contractor specialized in the construction, operation and maintenance of photovoltaic power plants has developed multiple power generation projects in Francophone Africa and now they are coming up with storage systems. On 20 th October’20, as a part of an agreement signed with the Moroccan company, the Swedish firm Azelio, who uses recycled aluminium as the storage medium, will supply the systems. Jonas Eklind, CEO, Azelio said: “French-speaking Africa is one of the markets where we see that our technology for long-term (30 years) energy storage (TES.POD) can bring great benefits. We are delighted to be working with Jet Energy in their efforts to provide customers with reliable and affordable renewable energy production around the clock.” The systems to be...
Qatar Aluminium Manufacturing Company (Qamco), a 50% joint venture (JV) partner in a smelter that produces premium quality aluminium products, has posted net profit of QR12.3 million for the nine months period ended 30 September 2020. The company’s share of revenue stood at QR 1.6 billion, down by 14%, compared to nine months period of last year. Sales volume was marginally higher by 1% “as Qamco's JV swiftly shifted the production to standard ingots, whereas, the demand for premium aluminium products and alloys used by various industries declined.” The average selling prices dropped by 16% year-on-year. QAMCO’s share of joint venture’s EBITDA came in at QR 439 million for the nine months period ended 30 September 2020. That was down by 15% compared to the same period last year....
Hydro has released sustainability report for its operations in Brazil in 2019. The report gives information regarding 2019 and some of the main milestones through August 2020. The report covers the company’s strategy and the main challenges and results in environmental and social issues of its businesses in the country. "In this report, we share relevant information about the impact we have and what we are doing to improve – on climate, on environment and on social responsibility – and we keep track of our efforts and our ability to improve further every day, year over year,” said John Thuestad, Hydro's executive vice president of Bauxite & Alumina. The publication has specific sections on operations in Brazil, including the company's goals and performance in Energy and Climate Change;...
Hydro has launched a new commercial concept called Hydro EcoDesign to help customers develop aluminium products that are more functional for consumers and better for the planet. It also aims to improve social and environmental footprint. Hydro Extruded Solutions will launch Hydro EcoDesign this autumn in Europe. It will employ its network of more than 30 aluminium extrusion plants across the continent. “Hydro EcoDesign complements the growing number of products and services the company is offering in line with its sustainability strategy, including the low-carbon aluminium brands Hydro REDUXA and Hydro CIRCAL,” Hydro said. “Most of the cost of a product and its environmental impacts are committed early in the design process, on the drawing board. This is where circular economy begins, and...
Comboios de Portugal (CP), the national operator has assigned Stadler Rail its first contract to deliver 1668 mm gauge versions of its Flirt regional multiple-unit family for use on the Iberian Peninsula. On 21 st October’20, €158 million agreement was signed which covers 10 electric multiple-units and 12 electro-diesel units, along with staff training and four years of maintenance. The modular design will enable the bi-mode units to be converted to electric-only operation, or the diesel generators to be replaced by batteries, depending on the operator’s future needs. The three-car aluminium bodied EMUs will be 63·2 m long, while the BMUs with an extra power module will be 74·4 m. They will have 214 seats and a total capacity of 375 passengers, with wi-fi, step-free access from platforms...
Gränges, a global leader in aluminium engineering, manufacturing and innovation, has announced the financial report of Q3 2020 declaring that its sales volume increased by 1.1 per cent to 86.7 Ktonnes (85.8). However, net sales decreased to SEK 2,575 million (2,998). Adjusted operating profit in the September quarter stood at SEK 203 million (190), while adjusted operating profit per tonne amounted to 2.3 kSEK (2.2). Profit for the period came in at SEK 124 million (198). Cash flow before financing activities increased to SEK 348 million (155), including capital expenditure of SEK 61 million (409). Adjusted cash flow before financing activities was SEK 380 million (442). Gränges’ total sales volume during January-September 2020 stood down by 8.2 per cent year-on-year to 247.4 Ktonnes. Net...
