Russian-origin metal made up almost all available aluminium stocks in London Metal Exchange (LME) warehouses at the end of October (99.98 per cent), with Indian-origin aluminium accounting for the remaining 50 tonnes, according to exchange data. Total available, or on-warrant, aluminium inventories declined 4 per cent month on month to 216,950 tonnes, their lowest level since March 2025. Russian-origin stocks fell by 9,725 tonnes to 216,900 tonnes during October, but their share of available inventories remained almost unchanged. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Although Russian aluminium produced before April 13, 2024, remains...
LME aluminium prices strengthened across cash, three-month and December 27 contracts on November 11, 2026, as declining exchange inventories and constraints on immediate metal availability continued to support the market. The cash offer price rose 2.76 per cent to USD 3,223.5 per tonne , compared with USD 3,137 per tonne on November 10. The cash bid price also increased by 2.81 per cent, reaching USD 3,223 per tonne from USD 3,135 per tonne in the previous session. The LME aluminium three-month bid price advanced 1.22 per cent to USD 3,062 per tonne from USD 3,025 per tonne, while the corresponding offer price climbed 1.22 per cent to USD 3,064 per tonne from USD 3,027 per tonne. Similarly, the December 27 bid price rose 0.96 per cent to USD 2,930 per tonne, compared with USD 2,902 per...
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Export of aluminium by Russia to the US was down 48.03 per cent or 341000 tonnes year-on-year to 369,000 tonnes in 2018, according to the latest Mineral Industry Survey report from US Geological Survey. {newsStudioGallery} In December 2018, aluminium exports (crude metal and alloys and aluminium semi-finished products) came in at 30,100 tonnes, 57.49 per cent lower from December 2017 total of 70,800 tonnes. On month-on-month comparison, the volume dropped 20.37 per cent from 37,800 tonnes in November 2018. Semi-finished products (plates, sheets, bars, etc.) exports to the US stood at 22,100 tonnes in 2018, as compared to 17,700 tonnes in 2017. This records an increase of 24.86 per cent or 4400 tonnes over last year. In December, Russia’s exports to US stood at 1,810 tonnes, up 21.77 per...
Radaflex, Slovakia-based self-adhesive labels producer has reportedly replaced the Mark Andy 2200 press with Mark Andy Performance Series P3 at its facility in Tmava for printing on aluminium foil. The new 8-colour flexo press comes with an ability to cut waste by about 50 per cent and provides unmatched print quality. It is also configured with reverse side printing, two die cutting stations, and cold foil capability. It is fast to make ready between jobs, which is a bonus considering the range of work at Radaflex. Radaflex co-owner Daniel Lukac believes the mechanical drive of the P3 press and its manual registration and control is well suited for the company. He said, “The new P3 fits well with our existing production capability which sees 50% of our work supplied on aluminium foil to...
India has initiated an investigation into the alleged dumping of aluminium and zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP. JSW Steel Coated Products Limited, which accounts for more than 60% of the total production in India, had filed an application for initiation of anti-dumping investigation and imposition of anti-dumping duty on imports of flat rolled product of steel, plated or coated with alloy of aluminium and zinc. India’s Directorate General of Trade Remedies (DGTR) said, “the Authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry…, to determine the existence, degree and effect of alleged dumping and to recommend the amount of antidumping duty, which if levied, would be...
Despite the plan to wind down subsidy program for EVs and plug-in hybrids in China by 2020, Chinese automakers are in a race to produce and launch more EVs in the market. The list of cars to be displayed at the Shanghai auto show indicates the growing trend. The state-owned automaker BAIC Motor Co. delivered more than 158,000 EVs in 2018. One of China’s top EV manufacturers will launch an electric crossover and an electric SUV and an Arcfox ECF concept crossover at the show. BYD, China’s largest electrified vehicle maker based on sales of EVs and plug-in hybrids, will introduce a compact crossover SA2 in gasoline, plug-in hybrid and battery-electric versions and kick off sales of the e1 subcompact electric car at the show. The USP of the e1 is its surprisingly affordable price. Geely...
According to Shanghai Metals Market, the A00 aluminium ingot price has dropped today, on April 9, by RMB 40 per tonne to come in at RMB 13,780 per tonne. After a sharp decline on April 1 from RMB 13,920 per tonne to RMB 13,740 per tonne, the ingot price showed a constant growth over the week ranging from RMB 13,760 per tonne, as on April 2, to RMB 13,820 per tonne, as on April 8, 2019. So, today’s drop in ingot price is after more than a week. The average prices are expected to range between RMB 13,760 per tonne and RMB 13,780 per tonne, with spot discount to settle at RMB 10 per tonne to RMB 30 per tonne. This indicates a slight growth in spot discount by RMB 10 per tonne. As the plunge in aluminium ingot price today has touched upon all major markets in China, the price in the east...
The US dollar declined against a basket of currencies on Monday as recent strong economic data eased concerns about the global economy. However, the index remained above 97. LME base metals traded mixed on Monday. LME aluminium fell 0.5% and SHFE aluminium fell 0.3%. Three-month LME aluminium fell from earlier highs to US$1,866 per tonne, its lowest in close to four weeks, on Monday and ended 0.5% lower at US$1,873 per tonne. The cash contract closed at US$1858.50 per tonne on Monday. LME aluminium is expected to trade at US$1,860-1,890 per tonne today supported by the weak dollar. As on April 8, LME aluminium cash (bid) price stood at US$ 1858 per tonne, LME official settlement price stands at US$ 1858.50 per tonne; 3-months bid price stands at US$ 1882.50 per tonne, 3-months offer price...
Williams Sonoma has introduced a branded line of coffee capsules that are blended from 100% Fair Trade Certified coffee and packed in 100% recyclable aluminium packaging. The coffee capsules are available in six flavours, including Intenso, Ristretto, Cremoso, Vanilla, Lungo and Decaf Intenso. The new capsules reflect the company’s commitment to exceptional quality, sustainability and long-term relationships with coffee farmers. The capsules are sold in sets of 10 capsules for $7.95 and suitable for OriginalLine Nespresso® drop through capsule machines. The coffee comes from leading coffee producing countries worldwide, including Brazil, Colombia, Costa Rica, Ethiopia, Honduras, India and Kenya. Williams Sonoma, a member of Williams-Sonoma, Inc. portfolio of brands, is a leading specialty...
A new blend of aluminium alloy has been developed by engineers from Fiat Chrysler, Mexican engine parts supplier Nemak in collaboration with Tennessee's Oak Ridge National Laboratory for cylinder blocks and heads. The new alloy will raise the optimum temperature range from 390 degrees currently to about 572 degrees. Hotter running engines are likely to offer better fuel economy and control emissions. Fiat Chrysler is considering possible use of this new alloy for use in their upcoming cylinder heads. "Cylinder head alloys are the most demanding application in an engine, if you consider the fact that the casting is smaller than the block — but more complex because other parts are attached to it," says Amit Shyam, Oak Ridge's lead researcher on the project. "It's more demanding from a...
Aluminium Bahrain B.S.C. (Alba), soon to be the world’s largest aluminium smelter, welcomed the Chief Executive Officer of GE Gas Power Scott L. Strazik on Sunday, April 7 2019. GE and GAMA Consortium is the Engineering, Procurement and Construction (EPC) contractor for Alba’s Power Station 5 (PS 5), with GE providing three 9HA Gas Turbines, three Steam Turbines and three Heat Recovery Steam Generators (HRSGs). Alba’s Chief Executive Officer Tim Murray, Deputy Chief Executive Officer Ali Al Baqali, Chief Power Officer Amin Sultan, Director of Power & Utilities Steve Davison along with other Alba officials received GE delegation comprising CEO – GE Gas Power Scott L. Strazik and President & CEO Power Services, MEA Joseph Anis; CFO, Power Middle East and South Asia Yoshito Murakami along...
As shown by the latest US Geological Survey latest release on Bauxite and Alumina in the Fourth Quarter 2018, imports of alumina by the U.S. in the fourth quarter of 2018 dropped to 273,000 tonnes from 441,000 tonnes in third quarter of 2018. The volume was 38% less than those in the third quarter of 2018, and 23% less than those in the fourth quarter of 2017. {newsStudioGallery} For the entire 2018, the import volume stood at 1.7 million tonnes, a 28% increase from 1.33 million tonnes in 2017. The full year data indicates growing consumption by the domestic aluminium smelters in the US. The growth was primarily driven by reopening of Alcoa and Century smelters. However, quarterly drop in the import volume was because of the increase in domestic alumina production that could help in...
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrant, declined slower over the weekend and stood at 1.633 million tonnes as of Monday April 8. Inventories dropped some 8,000 tonnes from Thursday April 4, Shanghai Metals Market data showed. Primary aluminium inventories declined as consumption remained at regular levels while more cargo arrived during the Qingming Festival. The chart below indicates the current status of primary aluminium inventories across China: Stocks in Wuxi, Jiangsu stood at 582,000 tonnes, down 2,000 tonnes from 584,000 tonnes on Thursday April 4. Inventories in Shanghai and Nanhai, Guangdong decreased 1,000 tonnes and 11,000 tonnes to stand at 293,000 tonnes 374,000 tonnes today. Inventories of primary aluminium in...
Hydro has updated on the progress of its recovery processes in last week after the cyber-attack that created disruptions in its operations on March 19. The Press Release says that the cyber-attack has affected some administrative processes, including systems for reporting, billing and invoicing. As for production processes are concerned, most of the business operations are back to normal or reaching the normal level. However, the company insists that the process is complex and time consuming despite all the sincere efforts on behalf of the company and the solution providers. “The process to recover safely from this sophisticated attack is complex and time-consuming. We are making good progress, but it will take time to get fully back to normal IT operations,” says Hydro’s Chief Financial...
Average spot alumina price in China has seen another drop on Monday, 08 April 2019. The average price of alumina has dropped to RMB2646 per tonne, down RMB26 per tonne or 0.97 per cent from its previous price of RMB 2672 per tonne. Spot alumina price in the South China market has witnessed the highest fall. The average price stands at RMB2645 per tonne, down RMB35 per tonne from RMB 2680 per tonne. The average price is expected to range between RMB2600 per tonne and RMB2690 per tonne. Spot alumina prices in East China, Central China, and North China markets have also declined today. The average prices of alumina (East China), alumina (Central China), and alumina (North China) stand at RMB2660 per tonne, RMB2650 per tonne and RMB2640 per tonne respectively on April 8. Australian alumina...
The US dollar index rose on Friday after the US government said that job creation was stronger than expected in March, but wages grew at a sluggish pace. LME base metals traded lower on Friday. LME aluminium dropped 1.4% while SHFE aluminium edged up. The Shanghai Futures Exchange closed from Thursday night to Friday night for the Qingming Festival. After it rose to an intraday high of US$1,915 per tonne, three-month LME aluminium dropped past all moving averages to an intraday low of US$1,880 per tonne and ended at US$1,882.5 per tonne on Friday, down 1.4% on the day. LME cash contract ended the day at US$1864 per tonne In the face of a strong US dollar, LME aluminium is expected to hold firm with technical support. It is expected to trade at US$1,880-1,900 per tonne today. As on April...
Italian designer Roberto Curtó has reportedly revealed the design of an all-aluminium 63.2-metre superyacht named Hypnosquid, the design of which is primarily inspired by the physical characteristics of the cuttlefish. Curto said, “The all-aluminium Hypnosquid design has been inspired by the elegant, fast and agile nature of the sea creature.” The exterior of the superyacht has detail design popped with colourful LED windows, representing the Hypnosquid’s eyes. The vessel has an accommodation capacity for 10 guests and 12 crews. The owner’s duplex is set across two decks, while the lounge and library located downstairs and the bedroom upstairs. Located forward, the suit has a full beam lobby and a garden. The guest cabins meanwhile sit on the lower deck and on the upper deck is...
SIG, the world-leading systems and solutions provider for aseptic packaging, will now reportedly launch world-first aseptic carton packs made with ASI-certified aluminium foil, as part of its sustainability drive. SIG is the first company in the industry to enable customers to exihit their commitment to responsible sourcing of aluminium throughout the value chain – right from suppliers through to consumers. SIG was even the first to achieve certification to the ASI Performance Standard Material Stewardship Principle at the corporate level, together with the ASI Chain of Custody certification for its production site in Austria. The ASI certification enables companies to audit the aluminium supply chain against strict standards in respect to social, ethical, and environmental. Ian Wood,...
Aluminium Stewardship Initiative (ASI) announced that Kam Kiu Aluminium Products Group Limited has become a Production & Transformation member of ASI. This brings the total number of members working towards a responsible aluminium value chain to 84. “Kam Kiu is committed to strengthening the viability of its customers and communities, shaping a sustainable future through innovative aluminium solutions,” the press release from ASI said. Kam Kiu Aluminium Products Group Limited manufactures and supplies aluminium products for automotive, aerospace, marine, 3C products, renewable energy system and building system. The company is involved in activities throughout the value chain, from billet casting to the production of extruded aluminium products. “Powering industry advancement with...
Vedanta’s Lanjigarh refinery produced 1,501,000 tonnes of alumina in FY2019, up 24% year-on-year from 1,209,000 tonnes in FY2018 due to plant debottlenecking. Alumina production from Lanjigarh increased from 638,000 tonnes to 827,000 tonnes in H2 FY2019, 30% higher year-on-year. The production was 23% higher as compared to H1 FY2019 due to plant debottlenecking. “Improved captive alumina production and locally sourced bauxite are key to drive our aluminium costs lower. The peak run rate at Lanjigarh Refinery during the year was 1.8 Mtpa,” the company said. “Bauxite supplies for the Lanjigarh refinery from Odisha Mining Corporation commenced in Q1 FY2019. The Odisha Mining Corporation production has ramped up during the year with production run rate of 3.0 Mtpa, with supplies as per state...
