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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Jaguar Land Rover has reportedly launched a new aluminium recycling scheme, in a bid to reduce material wastage that comes from scrapping cars and minimise CO2 emissions throughout its entire production process. The manufacture will recover aluminium from end-of-life vehicles and melt down to reform into high-grade metal suitable for new model production. Currently, it is obtaining the metal from a group of pre-production I-Pace electric SUVs for trialling the new scheme. Besides aluminium, Jaguar Land Rover also intends to recondition and reuse the batteries of the I-Pace electric SUVs. The British multinational automotive company claims that it has “already reduced its global vehicle manufacturing operating CO2 by 46% per vehicle and remains committed to an ongoing decarbonisation...
While the trade negotiations are going on between the US and China, both the countries are showing goodwill gestures by refraining from levying extra tariffs on each other’s products. China's State Council announced on Sunday that China will not impose additional tariffs on U.S. vehicles and auto parts after Monday, April 1, as a positive return gesture to US decision to delay tariff hike on Chinese goods. After the US and China decided on a temporary truce in the trade war, China announced in December it would suspend additional 25 percent tariffs on vehicles and auto parts imported from the US for three months. According to the State Council, the move was “to create a good atmosphere for the ongoing trade negotiations between both sides". "We hope the U.S. can work together with China,...
US manufacturing rebounded more than expected in March as shown by an industry report released on Monday. The US dollar index rose on Monday as stronger-than-expected US manufacturing data offset sluggish retail sales. LME base metals closed mixed on Monday. LME aluminium dropped close to 1% and SHFE aluminium slid 0.3%. US-China trade progress and stronger-than-expected China factory activity buoyed the three-month LME aluminium to a seven-day high of US$1,931 per tonne on Monday. The contract pared all those gains to finish the trading day close to 1% lower at US$1,892 per tonne as the US dollar index rose. LME official price stood at US$ 1888 per tonne yesterday, slightly lower than last week. As Rusal has resumed aluminium supplies to the US and the US dollar has registered a gain,...
After a sharp fall yesterday, on April 1, the A00 aluminium ingot price has recorded a slight growth today by RMB 20 per tonne to stand at RMB 13,760 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 13,740 per tonne and RMB 13,780 per tonne, with spot discount to settle at RMB 20 per tonne, showed the SMM data. Reviewing the aluminium ingot price trend through March 2019, there was a bullish sentiment in the market as per SMM data. With the growing range from RMB 13,550 per tonne on March 1, the ingot price had even extended the benchmark of RMB 14,000 per tonne on March 21. There was some intermittent fall, but the overall trend was on the rise until the latter half of the month (March 25) when the ingot price started shrinking. Other than on...
Hydro announced on Monday, April 1, that its aluminium plant in Karmøy, Norway halted metal production following a power outage. The plant re-established supply of electricity but at a lower amperage. The primary aluminium plant has a production capacity of 270,000 tonnes, of which 75,000 tonnes are from the Karmøy technology pilot. Hydro said the Karmøy technology pilot is not affected by the situation. “The cause of the power failure is not clear and will be investigated. All available resources are mobilized to identify the cause and resume production,” the company said in a statement. In other Hydro news, in the Extruded Solutions business, production is running at an average output of 85% in the three business units Extrusion Europe, Extrusion North America and Precision Tubing. In...
After the lifting of US sanctions, Rusal has resumed supplies to the U.S. market and the company now aims to gain back all the lost customer during the sanction period in which, supply contracts for 2020 were sealed. Rusal could not sign new contracts for 2019 in September as the company was still negotiating with the U.S. Treasury Department for sanction removal. “We fulfilled all our obligations even during the period of sanctions, we did not allow ourselves a single failure. Therefore, some of our former partners are already coming back, new partners are coming,” CEO Evgenii Nikitin said. In an interview with Reuters the CEO said that the company hopes to win back the old customers by September 2019 when period for signing new contracts arrives. The U.S. treasury lifted the sanctions...
Dear Readers, As the first five months of 2019 have come to an end with a sense of reconciliation for the global aluminium industry after a year of trade wars, restrictive tariffs, sanctions and capacity cuts; the industry players and market participants are preparing for the second half of the year with uncertainty and anticipation as market fundamentals do not look entirely promising. While easing of supply uncertainties have created optimism, slower demand and overcapacity in China along with the trade conflicts between the U.S. and China are compelling industry participants to tread carefully. At this juncture, AlCircle has come up with an e-Magazine on the theme “Aluminium LeaderSpeak 2019”. Purpose of this exclusive online magazine is to get industry leaders from the complete...
Automated Guided Vehicles (AGV’s) Automated Guided Vehicles (AGV’s) are an indispensable part of modern industry at the current scenario. Since decades they have been implemented in every type of industry (ports, logistic operations, automotive-industry, etc). A few years ago, the Hencon AGV’s were the first automated vehicles that were able to enter the primary aluminum-industry. The reason why it took much longer to automate aluminum –industry is mainly due the harsh environment in aluminum plants. Dust, high temperatures and electro-magnetic fields were a challenge for engineers to develop a reliable vehicle. AGV’s in aluminum industry have done their first steps in mean while. Hencon sold several projects with automated Furnace Chargers, Anode Pallet Transporters and Crucible...
Shanghai Metals Market found Shandong Weiqiao Group, one of the top aluminium producers in China, once again lowered its purchasing prices of prebaked anode for April 2019. Weiqiao sets the purchasing price at RMB 2,990 per tonne in cash, down RMB 190 per tonne from RMB 3,180 per tonne in March. Today Shanghai Metals Market also found a drop in prebaked anode price in the east. The price today plunged by RMB 95 per tonne to RMB 3,185 per tonne, after remaining at RMB 3,280 per tonne from March 28 to 29. The average prices are expected to range between RMB 2,990 per tonne and RMB 3,380 per tonne. In the central, however, the prebaked anode price is still hovering at RMB 3,200 per tonne since March 28, after declining from RMB 3,400 per tonne. Other aluminium raw materials like aluminium...
Hydro announced the acquisition of Gerstungen-based MBG Metallbeschichtung Gerstungen GmbH (MBG), a German powder coating company. With this acquisition, Hydro strengthens its position in the building systems segment. This also completes Hydro’s range of aluminium construction systems in the DACH region with further integrated service offerings in surface treatment. Ralf Seufert, Vice President Hydro Building Systems said: "This acquisition supports Hydro's strategy of further integrating and expanding the DACH (Germany, Austria, and Switzerland) region's logistics center to offer our customers even greater product diversity and excellent service. We are delighted to have acquired the expertise and know-how of this specialized company." Founded in 1998, MBG has been an important partner...
Novelis, the world’s largest aluminium rolling and recycling company is confident of the growth in China’s automotive market despite its sales dip last year. The company believes the rise in aluminium demand will come from New Energy Vehicles and strict fuel emission standards. Steve Fisher, president and CEO of Novelis believes China will surpass bigger markets like the US and Europe in aluminium automotive applications. "We're talking about the overwhelming commitment that the government has to the environment here in China and pushing for new energy vehicles, which is going to drive a lot of growth for lightweight materials," he said. Currently, the automotive sector contributes about 20 per cent of Novelis's business, and China contributes 20 per cent of that. Globally 225 vehicle...
The Water, Land and Natural Resources Ministry of Malaysia reportedly unveiled the proposed rigid standard operating procedure (SOP) for bauxite mining and export activities in Pahang on March 31. The SOP, which was uploaded in the ministry’s website yesterday, stated that the Malaysian government capped its monthly bauxite exports at 600,000 tonnes. The Kuantan port authority, which exports the bulk of the ore from the country, fixed this capacity, said the Ministry. According to the draft proposals, “This capacity has taken into consideration various aspects including issues of cleanliness and the environment.” The draft includes regulations for buffer zones between mining sites and residential areas, mining rights application planning, bauxite mining site management, stockpile and port...
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrant, declined over the weekend on tax cuts and consumption recovery. Stocks of primary aluminium dropped some 10,000 tonnes from Thursday March 28, as updated by Shanghai Metals Market. Inventories now stand at 1.67 million tonnes as of Monday April 1. The chart below indicates the current status of primary aluminium inventories across China: Stocks in Wuxi, Jiangsu came in at 596,000 tonnes. The figure was down 7,000 tonnes from 603,000 tonnes on Thursday March 28. Inventories in Shanghai and Nanhai, Guangdong decreased 2,000 tonnes and 3,000 from Thursday March 28, to stand at 298,000 tonnes 388,000 tonnes today. Inventories of primary aluminium in Gongyi, Henan increased 4,000 tonnes to...
Romain GIRBAL, General Manager of IB2 , a Paris based innovative solution provider that works towards producing alumina with low grade bauxite announced the launch of an innovative and breakthrough technology for low grade bauxite refining during the Bauxite & Alumina Conference that took place in Miami, USA on 25-27 December. “We are happy to announce that after several years of development and testing we came up with an innovative and easy to implement technology that will answer the multiples challenges faced by the industry. IB2 will allow alumina refineries to process low-grade bauxite generating less red muds and allowing huge operating expenses consuming less raw material,” Romain GIRBAL said. A dedicated team of 10 experienced professionals with experience in Bayer process and...
According to Shanghai Metals Market, China in the first two months of 2019 imported 206,000 tonnes of aluminium scrap in total, compared with 309,500 tonnes of import in the same period last year. Therefore, the country’s aluminium scrap import through January and February stood down 33.41 per cent or 103,500 tonnes year on year. {newsStudioGallery} China’s aluminium scrap import in the same period last year was also down from the previous year by 9 per cent, which means the scrap import volume during January-February 2017 was around 337,355 tonnes (approx.). The aluminium scrap import had been limited year over year because of the policies and restrictions that were imposed upon the import of aluminium scrap in China. Prerequisites on the level of impurity in imported scrap aluminium had...
Emirates Global Aluminium, Mubadala and Dubal officially broke ground on a new AED 1 billion power block at EGA’s Jebel Ali aluminium smelter in Dubai. This state-of-the-art power facility is expected to reduce gas emissions from EGA’s power generation at Jebel Ali by some 10%. Emissions reductions per tonne for both aluminium smelting and power generation are expected to be up to seven per cent. Mubadala and Dubal Holding have formed a joint venture to develop the new power facility at the EGA smelter. EGA intends to buy the facility’s output for 25 years. Siemens will install its H-class gas turbine at the facility. Commenting on the ocasion Saeed Mohammed Al Tayer, Vice Chairman of Dubal Holding and Vice Chairman of EGA, said: “This project reinforces our sustainable development...
According to Shanghai Metals Market, the average alumina price starts off the second quarter of the calendar year 2019 with a drop today by RMB 22 per tonne to come in at RMB 2,672 per tonne. On March 22, the average alumina price had recorded the last plunge from RMB 2,704 per tonne to RMB 2,694 per tonne. Post that the price remained unchanged at RMB 2,694 per tonne till March 29. Since the average alumina price drop has touched upon all the major markets of China, the price in the east has slipped by RMB 10 per tonne to RMB 2,680 per tonne. The markets in the central and north have registered a price drop by RMB 20 per tonne to RMB 2,680 per tonne and RMB 2,660 per tonne, respectively. In the south, on the other hand, the price has recorded a plunge by RMB 35 per tonne to stand at RMB...
The US dollar index stemmed earlier losses and rebounded above 97.2 on Friday. LME base metals, except for tin, traded higher on Friday and aluminium gained 0.31%. SHFE base metals closed higher across the board on Friday night. SHFE aluminium rose 0.44%. LME aluminium closed Friday’s trading higher at US$ 1900 per tonne.US-China trade optimism and upbeat China manufacturing activity are likely to buoy LME aluminium today. The contract is likely to trade at US$1,910-1,940 per tonne. As on March 29, LME aluminium cash (bid) price stood at US$ 1899.50 per tonne, LME official settlement price stands at US$ 1900 per tonne; 3-months bid price stands at US$ 1913 per tonne, 3-months offer price is US$ 1914 per tonne; Dec 20 bid price stands at US$ 2040 per tonne, and Dec 20 offer price stands at...
