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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The high possibility of Century Aluminum to close down by the end of this year has already caused many Goose Creek businesses worried about the effects on the local industry. On Tuesday, October 20, Century Aluminum announced its Mt. Holly plant might close on December 31 unless they abled to secure a competitively-priced power arrangement with Santee Cooper. The plant’s closure will expectedly affect nearly 300 jobs and also those who have been doing business with Century Aluminum. It would be a huge loss for many local businesses like Allen and Webb, an industrial service and repair company, said Charles Swicord, the president of Allen and Webb. “We do a lot of business out there. We have 38 employees. We do a lot of repair business,” Swicord said. “We’re probably not going to lay...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped 11,600 tonnes on smaller arrivals at warehouses. Aluminium billet inventories stood at 90,900 tonne as of Thursday, 22 October 2020. The chart below indicates the current status of aluminium billet inventories across China in more details: Foshan recorded the highest decline in the billet stocks. The inventories in Foshan dropped by 10,600 tonnes from last Friday to stand at 41,300 tonnes. In Changzhou and Nanchang, the billet stocks stood at 9,470 tonnes and 10,750 tonnes, down 580 tonnes and 1,950 tonnes from last Friday. But the stocks in Wuxi registered a hike of 1,560 tonnes. The inventories came in at 18,380 tonnes today. The billet stocks in Huzhou remained...
The growing demands of decarbonisation over the next 15 years requires to meet by an investment of over $1 trillion, which will be entailed in vital energy transition metals - aluminium with other metals like copper, nickel and lithium stands in there. The UK headquartered Global Energy Research and Consultancy, Wood Mackenzie, in a new report, said the figure is double what was invested over the last 15 years. Wood Mackenzie pointed: “While the coronavirus pandemic has slowed climate change mitigation efforts this year, governments across the world are using stimulus packages to either kick-start or accelerate their decarbonisation journeys.” Julian Kettle, Wood Mackenzie’s Vice Chairman of Metals and Mining, said: “One can argue about both the pace and scale of the energy transition but...
Slovenia is a developed country with an advanced, high-income economy and a very high Human Development Index. However, the EBRD, in the latest edition of its Regional Economic Prospects report, said: "A slowdown in 2019 (when Slovenia's economy grew at the rate of 2.4%) was followed by a severe recession in 2020, mainly due to the imposition of virus containment measures and disruptions in global supply chains." The Central European nation’s aluminium bar rods and profiles during 2018-19 have been recorded at 37,899 tonnes and the expenditure incurred stood at $128.60 million. The import for 2020 has been analysed to be at 19,822 tonnes and expenditure to stand at $52.67 million; when the import volume and expenditure of the preceding two years gets added it denotes, 57,721 tonnes and...
According to the Shanghai Metals Market, primary aluminium inventories in China have shrunk by 24,000 tonnes this week, ending on Thursday, October 22. Data shows the inventories have declined across eight major consumption areas, including SHFE warrants, to stand at 695,000 tonnes versus 719,000 tonnes last week, October 15. The chart below shows the current status of primary aluminium inventories across China in more details: In Wuxi, primary aluminium inventories have decreased by 13,000 tonnes to stand at 208,000 tonnes, followed by the fall of 7,000 tonnes in Shanghai to 111,000 tonnes. In Nanhai, the inventories have inched down by 3,000 tonnes to come in at 197,000 tonnes, while that in Hangzhou and Tianjin have dipped by 1,000 tonnes to stand at 72,000 tonnes and 45,000 tonnes,...
Vedanta has increased its aluminium products price after declining it for the second time in a row. With effect from Thursday, 22 October 2020, the prices of some aluminium ingots are in the range of INR 153,750-166,750 per tonne, marking a growth of INR 1,500 per tonne from INR 152,250-165,250 per tonne on October 21. Vedanta is now selling its billet at INR 161,750 per tonne on October 22, an increase of INR 1,500 per tonne from INR 160,250 per tonne on October 21. 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 risen by nearly 3% 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...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced third quarter and first nine months 2020 results. In the third quarter of 2020 , net sales were $256 million compared to $375 million in the prior year period, reflecting a 29% decrease in shipments and a 3% decrease in average selling price. Value added revenue stood at $154 million from $215 million in the prior year period. Adjusted EBITDA came in at $30 million in the third quarter 2020, down $27 million year-on-year. Net income was $0.4 million compared to net income of $25 million for the prior year period. Adjusted net income was $5 million, compared to adjusted net income of $29 “Solid third quarter results were driven by a rebound in automotive demand and continued strength...
Marcventures Holdings Inc. (MHI) is reportedly set to develop a bauxite mining property in Samar, once approved by the Mines and Geosciences Bureau. This will make MHI the only firm in the Philippines with bauxite as a mineral commodity. According to MHI president Isidro Alcantara, the company has kept aside P2.5 billion for the development of the project. MHI is expecting the issuance of its environmental compliance certificate (ECC) by the first quarter of 2021. Construction will expectedly complete in two years. MHI obtained the bauxite mine in Samar in 2016. Bauxite is a highly valued raw material used for the production of alumina, which is then used for producing aluminium. Alcantara said, “We will be going into discussions with potential partners because there is no experience in...
Kingsland Drinks has announced the introduction of four gin and vodka-based ready-to-drink (RTD) cocktails in the UK. The new collections called Mix Up are available in four flavours- a gin and tonic, a gin and diet tonic, a strawberry infused ‘pink’ gin and tonic and a vodka, lemonade and lime. These ranges are available in 250ml can in Co-op, Nisa and Costcutter stores for an RRP of £1 per can. Nathan McGivern, marketing manager for Mix Up, Kingsland Drinks said, “With consumers increasingly shopping to stock up their cupboards we have seen the pre-mix cocktail category grow due to the demand for multi-buys.” “Much like shopping for beer; pre-mix consumers are looking for the convenience of having their go-to spirit combination in the fridge for when they fancy one. Mix Up has been...
Three-month LME aluminium settled 0.46% firmer at US$1,848 per tonne on Wednesday. The contract is expected to trade between US$1,830-1,870 per tonne today. As of Wednesday October 21, LME aluminium cash (bid) price stands at US$ 1842.50 per tonne, LME official settlement price stands at US$ 1842.50 per tonne; 3-months bid price stands at US$ 1854.50 per tonne, 3-months offer price is US$ 1854.50 per tonne; Dec 21 bid price stands at US$ 1913 per tonne, and Dec 21 offer price stands at US$ 1913 per tonne. The LME aluminium opening stock stood at 1485125 tonnes. Live Warrants totalled 1266050 tonnes, and Cancelled Warrants were 219075 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1850.31 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE...
The average alumina spot price in China has recorded a drop of RMB 5 per tonne to stand at RMB 2,301 per tonne on Thursday, October 22, after remaining restrained last day, found the Shanghai Metals Market,. In Shanxi, the price has declined by RMB 10 per tonne to come in at RMB 2,290 per tonne, while its average prices are expected to range between RMB 2,280 per tonne and RMB 2,300 per tonne. In Shandong and Henan, however, the price has remained restrained at RMB 2,285 per tonne and RMB 2,300 per tonne, respectively. In Guangxi and Guizhou, the average alumina price has decreased by RMB 15 per tonne and RMB 5 per tonne to stand at RMB 2,330 per tonne and RMB 2,340 per tonne, respectively. China’s imported alumina price has slid by RMB 10 per tonne to RMB 2,320 per tonne, while the price...
The Australian Aluminium Council has welcomed the VBX Limited as a new member. In 2020, the Council created a new membership category, enabling bauxite explorers and mine proponents to join the Council. VBX is the first member of this category. VBX is the proponents of the Wuudagu Bauxite Project on Wunambal Gaambera country, in the far north of Western Australia. Wuudagu is proposed as a bauxite mine, beneficiation plant and transhipment operation. The Project is expected to employ up to 100 people during construction and up to 250 people during operations. Subject to statutory approvals, the Project could commence from 2022. Marghanita Johnson, Executive Director of the Council, said “We welcome VBX to the Council. We are excited by the potential the Wuudagu Project has to provide...
The Indian natural skincare brand Vilvah, based in Tamil Nadu consciously takes sustainable measures, as it recently launched a recycling program, where a consumer can bring empty containers to their physical stores for discounts. Villa firmly believes that saving the earth is an individual responsibility and being a natural skincare brand, it consciously takes sustainable measures in every step forward. The firm has decided to go plastic-free in the year 2019 and from then the sustainability journey continues. As per Vilvah, they found that aluminium can be recycled an infinite number of times and it has high scrap value. It requires low energy for recycling and of all the aluminium ever produced 75% is still in use today. The major sales of the brand happen online, so they felt to...
In 2017, towards the end of the year, the Alpine A110 brought a gasp of fresh air to the sports car market, and this lightweight French sports coupé scoops a prize at this year's Britain's Best Car Awards. While the majority of sports cars fidget, shuffle and bounce down a bad road, the A110 glides. It does something that no small sports car has allowed itself to do for a generation: move on its suspension, to prove once again that driving enjoyment doesn’t have to mean rock-hard springing. The car is light, just 1103kg, the entry-level A110 sits on a bespoke aluminium architecture that’s barely over 4.1m long and less than 1.8m wide. Given there are double wishbones all-round, despite the A110 having only two seats, it’s an impressive bit of packaging. The fuel tank squeezes between the...
North America’s primary aluminium production stood at 317,000 tonnes in September 2020, marking a growth of 2.26 per cent year-on-year. On a month on month basis, the output declined by 4.23 per cent from August production of 331,000 tonnes. In the first nine months of 2020, the production stood 4.13 per cent higher than the same period last year. The output totalled 2.976 million tonnes, from 2.858 million tonnes in the first nine months of 2019, according to the latest data showed by the International Aluminium Institute (IAI). In 2019, the output stood at 3.809 million tonnes, an increase of 0.93 per cent from 3.774 million tonnes in 2018. In South America , primary aluminium production declined by 11.7 per cent year-on-year and 1.19 per cent month-on-month to 83,000 tonnes in...
Emirates Global Aluminium has announced today, on October 21, that it could save almost AED 60 million since the beginning of this year, thanks to its employee-led continuous improvement programmes. Since January, EGA employees have submitted 18,400 ideas through the company’s suggestion scheme to solve operational, safety, and environmental challenges, resulting in cost savings of over AED 28 million so far. EGA’s ‘Tamayaz’ programme, led by experts for detail analysis of the company’s operational processes and guide teams to implement improvements, has saved over AED 32 million. The most important idea in 2020 is using a laser detection system to prevent the entry of foreign objects into a critical piece of machinery. This has helped in preventing breakdowns which require time to fix....
Hindalco Industries Limited has reduced its aluminium products price for the second time in a row. With effect from Wednesday, 21 October 2020, the company’s wire rods price stands at INR 165,350 per tonne, down by INR 2,000 per tonne, from INR 167,350 per tonne on October 20. Aluminium billets price has dropped to stand at INR 161,350 per tonne Wednesday, 21 October 2020. That was a drop of INR 2,000 per tonne from INR 163,250 per tonne on October 20. Hindalco aluminium ingots price has declined by INR 2,000 per tonne to INR 154,250 per tonne. 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 company, excluding...
In September 2020, primary aluminium production in Africa stood at 131,000 tonnes, found the International Aluminium Institute’s latest data. In the month earlier (August), Africa’s primary aluminium output was 135,000 tonnes, meaning the country’s production in September declined by 4,000 tonnes or 2.96 per cent month-on-month. On a year-on-year, the production decreased by 3,000 tonnes or 2.2 per cent from 134,000 tonnes. Africa’s primary aluminium production in August 2020 had risen month-on-month by 2,000 tonnes or 1.50 per cent from 133,000 tonnes in July. But on a yearly basis, the production stood down by 4,000 tonnes or 2.88 per cent from 139,000 tonnes. Africa’s primary aluminium production in the third quarter of the year amounted to 399,000 tonnes, down by 0.75 per cent from...
