Kazakhstan is preparing to impose long-term export restrictions on specified aluminium foil products and industrial graphite electrodes supplied to other members of the Eurasian Economic Union (EAEU). The measures, outlined in an order signed by the Minister of Industry and Construction on November 5, 2026, will remain in force for several years, with certain exemptions for aluminium foil shipments. The restrictions cover two categories of industrial products of aluminium foil and graphite electrodes. The first includes aluminium foil supplied in rolls that meet specified dimensional and technical requirements. Exports of these products to other EAEU member states will be restricted until November 15, 2030. The second category covers round graphite electrodes used in industrial furnaces....
Vietnam National Coal and Mineral Industries Group (Vinacomin) has proposed an integrated bauxite mining and processing project worth VND 5.2 trillion (USD 208 million) in Lam Dong province, Vietnam. Currently under appraisal by provincial authorities, it is designed to produce around 3 million tonnes of refined bauxite ore annually, reinforcing raw material requirements at the Nhan Co Aluminium Plant and the planned expansion of its alumina operations. Located in the Nhan Co Cluster, the proposal spans over 6,666 hectares. Of this, approximately 5,269 hectares are earmarked for mining and around 50 hectares for the ore processing plant. The project also includes five post-processing sludge reservoirs covering about 1,120 hectares, alongside the 318-hectare Dak Buk So 8 water reservoir. A...
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On Wednesday, November 14, the European Union Trade Commissioner Cecilia Malmstrom said that EU is ready with its list of potential retaliation targets in case the US President Donald Trump levies auto tariffs on the bloc’s member states. However, as per the report, Malmstrom did not specify the US products on which the EU would impose retaliatory tariffs but said the list could include “all kinds” of products. “It could be cars, it could be agriculture, it could be industrial products - it could be everything. And we will do that, but hope we don’t have to get to that situation,” she said. Malmstrom also said to reporters after attending a meeting with the US Trade Representative (USTR) Robert Lighthizer that the EU was willing to negotiate with a limited trade deal on industrial goods...
The US dollar held steady against a currency basket while the pound dipped amid uncertainty over whether Prime Minister Theresa May's draft Brexit plan will receive parliamentary approval. LME aluminium continued to trade weakly and closed Thursday’s trading at US$ 1917 per tonne. It regained some losses at night but failed to break resistance at the 60-day moving average and closed at US$1,938 per tonne. Its trading range is likely to be at a range of US$1,910-1,960 per tonne today. As on November 15, Thursday, LME aluminium cash (bid) price stood at US$ 1916 per tonne, LME official settlement price stands at US$ 1917 per tonne; 3-months bid price stands at US$ 1940 per tonne, 3-months offer price is US$ 1940.50 per tonne; Dec 19 bid price stands at US$ 2007 per tonne, and Dec 19 offer...
According to trade sources both Vedanta and Hindalco have cut prices of their products on November 14 and November 15. Vedanta Ltd has cut prices of aluminium ingots by 1% with effect from November 14. The company had cut prices by over 1% last week as well. With this price cut, prices of Vedanta’s products are at their lowest level since mid-August. Prices of ingots are now down 4% for the quarter. The three-month aluminium price in London Metal Exchange has fallen 4% since the start of the quarter and stood at US$ 1944.50 per tonne on November 15. After the cut, the price for Vedanta aluminium ingot stands at INR 1,58,250 (USD 2199) per tonne, down from INR 1,59,750 (USD 2220) per tonne on November 13. Hindalco Industries Ltd is also reported to have cut the prices of aluminium products...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has been recognised by the American Society for Quality (ASQ) with an award for its commitment to innovation within the organisation. The company was presented with the ‘2018 ASQ MEA Innovation Award for the Government Sector’ during ASQ’s 4 th Regional Quality Conference, held in Dubai. ASQ noted the company leadership’s clear commitment to and strategy for innovation, its efficient implementation of a robust Innovation Management System, and the strong partnerships it has developed to help maintain this commitment. ASQ is a global community of quality professionals, with nearly 80,000 members dedicated to promoting and advancing quality tools, principles, and practices in their...
According to an official of the Geological Survey of India (GSI), the remote region of North-east India has mineral reserves worth more than INR 10 lakh crore. However, these mineral reserves which are found in the land-locked region have not been explored. According to Tapan Pal, Director, PSS, GSI, North Eastern Region, if these minerals are explored, they will help the region flourish economically. Mulkh Raj Jarngal, Additional Director General (ADG) and Head of Department, North Eastern Region informed that the three states of Meghalaya, Assam and Arunachal Pradesh have an estimated coal reserve of 1642.64 million tonnes. “In Garo Hills we have estimated coal reserves of about 576.48 million tonnes. But in Khasi Hills we have not been able to carry out exploration due to geological...
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy Conductors and aluminium wire rods for power transmission and distribution applications, has reported financial results for the 2nd quarter ended on 30th September, 2018. Net sales stood at INR133.53 crore in Q2 FY2018-19, down 14% from Q2 FY2017-18 total of INR155.26 crore. On month-on-month basis, net sales dropped 17.5% from Q1 FY2018-19 total of INR161.87 crore. The company’s net profit registered INR 2.18 crore for the September quarter 2018, from INR 2.87 crore for the September quarter 2017. Data shows a decline of 24% YoY. On month-on-month basis, net profit declined 19.85 % from Q1 FY2018-19 total of INR2.72 crore. Hind Aluminium’s EBITDA stood at INR 8.88 crore for the second quarter ended on 30th September,...
Italy’s aluminium structures imports increased 20% year-on-year to 38497 tonnes in 2017. The country has been following an upward pattern for aluminium structures import for the last three years. Aluminium structures export from Italy is slated to witness a significant increase in 2018, after a decline last year. Global export-import data shows, Italy imported an estimated 28740 tonnes of aluminium structures in 2016. The total cost of import was USD 124 million. The country imported an estimated 34425 tonnes of this product in 2017. The cost of import remained unchanged at USD124 million. The country’s import of aluminium structures is expected to increase 12% to 38497 tonnes by the end of this year. The value of import is estimated to stand at USD 120 million. Italy exported 65888...
Chinalco sees the company’s future overseas, as told by Ao Hong, deputy general manager of Aluminum Corp. of China, or Chinalco in an interview. The company is looking at business opportunities overseas as the domestic market is crippled by metal aluminium oversupply and higher raw material costs. “We’re under huge pressure, so the company has to accelerate reform and cut costs internally,” Hong said. While Chinalco is still earning profit in its businesses, many smaller firms are making losses due to low aluminium and higher raw material prices. Recently, government has re-allocated the capacity of Chinalco. The company acquired Yunnan Metallurgical Group Co. to add extra capacity. Chinalco Chairman Ge Honglin had earlier told in a conference that the acquisition would expand the...
Shred-Tech, headquartered in Cambridge, Ontario Canada has announced its Exclusive North American strategic partnership with Camec©, Cittadella, Italy. Shred-Tech said in its press release it will be the exclusive distributor for Camec©’s GL, GR, GS and GRR-Line of Single Shaft Shredders and the MG-Line of Granulators in the United-States and Canada. Camec© designs and manufactures turnkey shredding and recycling systems for industrial and municipal waste processing, as well as standalone equipment such as shredders, compactors, granulators and handling machinery. The applications include tires, e-waste, aluminium scrap, ferrous metals, copper cables, heavy plastics, polypropylene films, wood, paper, cardboard, dry waste from sorting and bulky industrial waste in general. Shred-Tech® is a...
The Australian firm Pure Alumina Limited last week distributed samples from the undeveloped Yenden project to potential customers for assessment. The company originally named Hill End Gold Limited changed its name to Pure Alumina, with effect from 5 November 2018, in order to reflect its focus on the growing High Purity Alumina (HPA) sector. The company distributed product samples to potential buyers on requests coming after its recent marketing forays through Asia and the United States. This would help Pure Alumina’s investors gauge the market’s acceptance for its HPA product, said the firm in a statement. Positive feedbacks will help the company obtain funds for the project and hasten the product’s introduction to the market at large. “We believe Yendon will produce top-quality HPA and...
The US dollar extended its decline from 16-month highs against the euro and pound, which increased as traders monitored developments of Brexit and the Italian budget. LME aluminium closed Wednesday’s trading at US$ 1931per tonne. The contract then faced pressure as it grew to a high of US$1,948 per tonne overnight. Limited upward momentum saw it close at US$1,942 per tonne, still below the five- and 10-day moving averages. It is likely to trade at US$1,920-1,960 per tonne today. As on November 14, Wednesday, LME aluminium cash (bid) price stood at US$ 1930 per tonne, LME official settlement price stands at US$ 1931 per tonne; 3-months bid price stands at US$ 1943.50 per tonne, 3-months offer price is US$ 1944.50 per tonne; Dec 19 bid price stands at US$ 2008 per tonne, and Dec 19 offer...
Shanghai Metals Market research found brisk transactions between traders and the approaching delivery date expanded spot aluminium premiums in Shanghai on Wednesday November 14. The SHFE aluminium contract for November delivery pared earlier losses in morning trades. Premiums stood at RMB20-30 per tonne over the SHFE 1811 contract. Against the January contract, Transactions were done in discounts of RMB50-40 per tonne on Wednesday. Most transactions in Shanghai, Wuxi and Hangzhou were heard at RMB 13,730-13,750 per tonne. With ample supplies in the markets, traders were keen to make transactions while downstream consumers purchased on demand. In another update from SMM, the average price of A00 Aluminium Ingot has today dropped by RMB 70 per tonne to stand at RMB13640 per tonne, from RMB...
The Aluminum Association has expressed its concern over the Section 232 tariff exemption process of the DOC in a statement submitted to the Department of Commerce. According to the association exemptions were granted to massive volumes of metal including Chinese Common Alloy Sheet & Plate. Till date 4333 published requests have been submitted and 981 requests have been reviewed and published. This, according to the association is out of sync with the pace of business. The association feels the lack of adequate tracking system and analysis by the department makes it difficult for stakeholders to identify relevant requests. Further, the department has not made clear the appropriate basis for an objection. In many cases, the exclusion request themselves fail to properly identify key...
The French car parts firm Montupet’s new accounts has revealed a rise in turnover at the company’s Northern Ireland operation by 10.7 per cent to £87.3 million last year ended on December 31, The Telegraph UK reported. Headed by John McMichael, Montupet produces aluminium engine components for car manufacturers throughout Europe. But despite a hike in turnover, the company’s pre-tax profits took a 4.4 per cent year-on-year dip from £13.3 million to £12.7 million. However, the cost of sales increased by £6.5 million over the year to £69.2 million. Admin costs were also up by £1 million, although the company’s wage bill decreased from £21.6 million to £19.6 million. The employment rate also dipped from 582 in 2016 to 569 in 2017, the report said. Nevertheless, the company, which is now part...
The Advisory Committee on Packaging (ACP) in the UK has urged the competition regulators to investigate the possibility of illegal restrictive practices in the responsibility scheme for aluminium packaging recycling. The Committee expresses concern over the current price for packaging recovery notes (PRN/PERN) which has risen to around £100 per tonne. Such higher prices are seen when packaging recovery targets are missed, but, data shows the targets are likely to be achieved comfortably this year. By the end of Q3, about 76,500 tonnes of aluminium packaging recycling had taken place against the full year target of 94,500 tonnes and a surplus is expected at the end of the year. The UK’s Packaging Waste Regulations are based on accredited recyclers and exporters making PRN/PERNs available...
According to the latest Mineral Industry Survey report from US Geological Survey, the U.S. exports of aluminium semi-finished products stood at 89,200 tonnes in August 2018, down 8% from August 2017 total of 95,100 tonnes. Month on month, aluminium plates, sheets, bars, etc. export increased 9% from the July export volume of 81,900 tonnes. In the first eight months of 2018, the U.S. exported 720,000 tonnes of aluminium semi-finished products, as compared to 703,000 tonnes in the first eight months of 2017. The figure represents a growth of 2.4% year-on-year. The U.S. exports of aluminium plates, sheets, bars, etc. to Canada rose 14% MoM to 33,500 tonnes in August 2018. The export volume was 29,300 tonnes in July 2018. Canada imported 273,000 tonnes of these products during January-August...
AP&C, a GE Additive company and specialist in metal powder production for additive manufacturing, has announced that it will produce aluminium alloy F357 powder in Q1 2019 and start supplying to customers from April 2019. Aluminium alloy F357 offers good weldability, high strength and better corrosion resistance and heat conductivity. AP&C aims to produce the F357 powder to cater to the growing demands from customers in the aerospace and automotive sectors. AP&C will produce the alloy powder using its proprietary Advanced Plasma Atomisation (APA™) at its recently expanded facility in Saint-Eustache, Canada, which currently offers a full production capacity of 1,000 tonnes. Aluminium alloy F357 powder is said to offer good processability, high flowability, low porosity and high purity like...
Shanghai Metals Market data showed operating rates across Chinese secondary aluminium producers averaged 56.81 per cent in October, down 1.44 percentage points from a month earlier and 3.19 percentage point from a year earlier. This month-on-month and year-on-year fall in secondary aluminium operating rate could be because of the weak demand for aluminium among downstream consumers. Production and sales of automobile in October decreased by 10.1 per cent and 11.7 per cent year-on-year respectively, showed data from the China Association of Automobile Manufacturers (CAAM). During January-October, production and sales also stood lower by 0.4 per cent and 0.1 per cent than the same period last year. The downbeat consumption figures came in line with SMM’s research on output across Chinese...
