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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Canadian Prime Minister Justin Trudeau is reportedly hoping to reach an exemption deal from the Trump administration’s duties on imported aluminium and steel products later this month. Trudeau said in reference to the US President Donald Trump “"We will meet at the G20 in Argentina and we hope to have good news at that point." The Group of 20 (G20) leading global economies is going to host a two-day summit in Buenos Aires from 30 November. According to the report, Trudeau already had a brief discussion with Mr. Trump in Paris on the exemption of customs duties, where they both decided in commemorations to mark the end of World War I. Trudeau himself said that they both agreed to work on eliminating these tariffs. On June 1, 2018, the United States had slapped tariffs on imported aluminium...
Hydro Hoogezand has become the world’s first extrusion plant to receive the Performance Standard certification by the Aluminium Stewardship Initiative (ASI). The plant specializes in extruding long-length profiles as well as anodized and painted components. ASI is the highest internationally recognized standard for robust environmental, social and governance practices across the aluminium lifecycle of production, use and recycling. Hydro’s President and CEO Svein Richard Brandtzæg said: “We always strive to be frontrunners in our industry. As our customers need to reach their own sustainability targets and meet the demand from more climate-conscious end-consumers, we believe the market will increasingly demand the most responsible aluminium.” “Seen in combination with our carbon footprint...
The US dollar index stemmed its increase on Tuesday after the euro and pound gained on hopes in discussions over the Italian budget and Brexit. LME aluminium continues trading weak and closed November 14 Tuesday’s trading at US$1925 per tonne. It followed the weak trading pattern overnight, pressured by high US dollar index. It stopped falling at US$1,928 per tonne and closed at US$1,936 per tonne. Trading range is seen at US$1,930-1,970 per tonne today. As on November 13, Tuesday, LME aluminium cash (bid) price stood at US$ 1924.50 per tonne, LME official settlement price stands at US$ 1925 per tonne; 3-months bid price stands at US$ 1937.50 per tonne, 3-months offer price is US$ 1938 per tonne; Dec 19 bid price stands at US$ 2000 per tonne, and Dec 19 offer price stands at US$ 2005 per...
Shanghai Metals Market research found most transactions of spot aluminium in Shanghai were done between discounts of RMB 10 per tonne to premiums of RMB 20 per tonne on Tuesday, November 13, relative to the SHFE 1811 contraction. The SHFE aluminium contract for November delivery traded range-bound on Tuesday morning while in Shanghai, most transactions occurred with discounts of up to RMB 10 per tonne from the previous day. Traded prices in Shanghai and Wuxi were heard at RMB 13720 per tonne to RMB 13740 per tonne and in Hangzhou at RMB 13730 per tonne to RMB 13750 per tonne. Transactions between traders remained brisk but overall trading liquidity across eastern markets improved from the previous day as sellers remained keen to offload cargoes and downstream consumers showed keenness to...
National Aluminium Company Limited (NALCO) has once again repeated its strong performance by posting a turnover of INR5952 crore in the first half of FY 2018- 19, registering a growth of 42% YoY. The company has posted net profit of INR 1197 crore during the first half of 2018-19, up 229% from INR364 crore during the first half of 2017-18. While the net profit of NALCO in the H1 of current fiscal has increased around three-fold, operating Profit of the company has increased more than four-fold, registering INR1624 crore in 2018-19 compared to INR334 crore in H1 of FY 2017-18. EBITDA margin of the company during the period has doubled from 17 % to 34%, according to NALCO press release. In the Q2 of the financial year 2018-19 , NALCO said its net profit more than doubled to INR510 crore, as...
Novelis Inc. has invested US$175 million for the expansion of its Pindamonhangaba plant, located in the Paraíba Valley between São Paulo and Rio de Janeiro, Brazil. The expansion at the company's flagship Brazil facility will add 100 thousand tonnes of rolling capacity and 60 thousand tonnes of recycling capacity. This will bring the plant’s total aluminum sheet capacity to approximately 680 thousand tpy and recycled aluminium capacity to 450 thousand tpy. The expansion is designed to cater to its beverage can and specialty customers. The investment also includes a new water sourcing system and the purchase of approximately 90 acres of land for future expansion. "This investment in additional rolling and recycling capacity further strengthens our commitment to the South American region...
Hindalco, the world’s largest aluminium rolling company, has announced to invest INR 6,000 crore towards setting up of downstream facilities in Odisha and Gujarat. While in the Sambalpur district of Odisha the company will establish a flat-rolled products unit, in Mudra at Gujarat the company is considering to set up an extrusion plant. “We have committed to set up downstream facilities in Gujarat and here in Odisha by investing over ₹6,000 crore over the next four years,” Pai told BusinessLine during an interview on the sidelines of the Make-in-Odisha Conclave 2018, a biennial investor conclave, organised by the State Government. According to Satish Pai, managing director of Hindalco, expansion of units for downstream products takes time and will be done through a phase-wise manner. In a...
Cumbernauld-based CMS Window Systems has more than doubled production capacity of aluminium windows, doors and curtain walling with an investment of £500,000 in machinery and personnel. The investment includes the commissioning of Scotland’s first Emmegi Quadra L2, a state-of-the-art 18-axis CNC machining centre for milling, drilling and cutting aluminium profiles. In addition to new machinery, the investment programme also funds an expansion to its on-site installation teams. The company said the investment allows for changes to the management and supervisory structure within the aluminium factory. David Ritchie, CEO of CMS Window Systems said: “Our latest investment in our aluminium division will help us strengthen our position at the forefront of the market, and provide solutions for a...
Vedanta Resources Chairman Anil Agarwal announced on Monday, November 12, about its plan to invest INR 15,000 crore for ramping up the alumina refinery capacity at Lanjigarh to 6 million tonnes per annum and firming up the downstream sector in Odisha in next three years. “The expansion of the Lanjigarh plant in phases would increase the capacity of the refinery from the existing two million tonnes per annum (mtpa) to four mtpa and then to six mtpa in the next three years,” said Mr. Agarwal while addressing the Make in Odisha Conclave. He also said while addressing the conclave and interacting with journalists, “Vedanta has already invested over Rs 50,000 crore in Odisha projects. Fresh investment of Rs 15,000 crore will be made in the next three years for the expansion of Lanjigarh...
Ducab has signed three major contracts in Abu Dhabi, UAE, for the supply of over 5,000 km of cables and all aluminium alloy overhead conductors for Abu Dhabi National Oil Company (Adnoc) projects, a company statement said. The company will supply extra-high-voltage (EHV), high-voltage (HV), medium-voltage (MV) and low-voltage (LV) cables. The new contracts include the design, manufacturing, and supply of the above specification of cables. They would also supply a range of MV, LV power and control cable systems for the Clean Fuel and Waste-Heat Recovery project that is being delivered through Samsung-CBI. Ducab will also be supplying cables for the Bab Integrated Facility Project, as well as cables and aluminium overhead conductors for Adnoc’s onshore Qusahwira Field Development Phase II...
Germany’s import of aluminium powder and flakes are reportedly witnessing a year-on-year growth. According to global export-import data, Germany in 2017 had imported 31,135 tonnes, up almost 8 percent from 28,885 tonnes in 2016. This year is estimated to record no exception either. The total import volume is likely to be at 32,775 tonnes, up 5.26 per cent year-on-year. Aluminium powder and flakes are widely used in industrial, automotive, chemical, construction, explosives, defence, aerospace and other sectors. According to the Technavio's report, the global aluminium powders, pastes, and flakes market to grow at a CAGR of 4.87% during the period 2016-2020. In 2017, the top exporter of aluminium powder and flakes to Germany was the Russian Federation, which delivered 13,590 tonnes in...
The Arab International Aluminium Conference (ARABAL) is the premium trade event for the Middle East's aluminium industry. Kuwait Industries Co. Holding are the host of the 22nd ARABAL in its 35th year. ARABAL’s theme this year focuses on ‘The Global Challenges to the Aluminium Industry and Suitable Solutions’. ARABAL combines a strategic conference with an international exhibition. Aluminium Bahrain (Alba) is a key participant of ARABAL being held from 11 to 13 November 2018 in Kuwait. Alba’s Deputy Chief Executive Officer (DCEO) and Chief Supply Officer Ali Al Baqali was a key speaker on the ‘Industry Dynamics’ panel discussion held on Monday 12 November. Also, He is a on the ‘Investor Experience’ panel discussion to be held on Tuesday 13 November at ARABAL. Speaking at the ARABAL 2018...
According to the latest report from Aluminum Association, the “Index of Net New Orders of Aluminum Mill Products” for October 2018 increased 8.6 percent over September 2018. Compared to October 2017, total orders rose 8.3 percent YoY. Orders for both flat roll products (sheet, plate, can stock and foil) and extruded products registered a rise in October indicating more business for domestic producers. Orders for both flat roll products were up 8.8 percent over the previous month, while orders for extruded products increased 9.8 percent. Only orders for redraw rod were down by 1.6 percent. On average, orders recorded by domestic producers from January to October 2018 were up 4.6 percent over YTD 2017. On the other hand imports of aluminium ingot, scrap and mill products into the U.S. and...
As announced last week that Shandong made a seven-year plan to reorganise its aluminium sector from the ground up. Regulators anticipate that this move will yield significant benefits to the country’s processing and fabricating firms. Shandong’s provincial government officially released this plan, entitled “Implementation Plan to Accelerate High-quality Development of Seven Industries with High Energy Consumption” on November 5, as part of an official notice. The primary aim of this plan is to ramp up the operational efficiency and quality by streamlining the structure of several major industries in Shandong. The major industries include aluminium, steel, and petroleum coke production. As per the report, the provincial government also intends to reduce the electrical usage, first by...
The US dollar closed at 97.56, a 16-month high against a basket of currencies as investors built bets on an increase in interest rates next month. Brexit deal concerns and a growing rift in Europe over Italy's budget also buoyed the dollar. Amid fresh uncertainty over Brexit deal, the pound slipped under $1.29 during overnight Asian trading and extended its decline later as London opened 1% lower on the day. LME aluminium dipped to another new low as it closed Monday’s trading at US$1934 per tonne. During night trading, it dropped to a low of US$1,937 per tonne after it failed to test resistance above twice overnight. Pressured by a stronger US dollar, it is expected to trade at US$1,920-1,950 per tonne today. As on November 12, Monday, LME aluminium cash (bid) price stood at US$ 1933 per...
According to SMM the latest average price of A00 Aluminium Ingot has today dropped to stand at RMB13720 per tonne, down RMB 110 per tonne from RMB 13830 per tonne on November 12. The average price would range between RMB 13700 – 13740 per tonne. A00 aluminium ingot prices are down across all major markets. In east market, the price has decreased by RMB100 per tonne to stand at RMB 137300 per tonne. In the south and north, the prices have fallen by RMB 120 per tonne and RMB 90 per tonne to stand at RMB 13780 per tonne and RMB 13760 per tonne, respectively. The average price of Aluminium Alloys (ADC12) dropped to RMB 15350 per tonne today on November 13 from RMB 15400 per tonne yesterday and expected to move within a range of RMB 15250 – 15450 per tonne. The prices of two major aluminium...
Vedanta Ltd’s proposal for expansion of Lanjigarh alumina refinery was recently cleared by the High-Level Clearance Authority (HLCA), the apex body to approve investments in Odisha. The company plans to expand the capacity to six million tonnes per annum from its current 1 million tonnes. “Our Lanjigarh refinery expansion will happen in a staggered manner. In Phase-I, we will scale up capacity to four mtpa and we hope to achieve this by March 2020. At full ramp-up, our dependence on imported alumina will trickle to nil”, a senior Vedanta Ltd executive said. Vedanta imports more than one million tonne alumina each year adding pressure to its total production costs. Vedanta’s aluminium production cost stood at US$2018 per tonne in Q2 FY 2019. Coal availability issues and higher alumina...
The UK-based packaging company Vetroplas has reportedly got into a partnership with Spanish aluminium bottle manufacturer Envases to extend its packaging options to the UK cosmetic and personal care market. Envases with over 60 years of experience produces highly decorative aluminium packs with both FEA 15 crimp necks and various screw necks, offering excellent barrier properties and protection from light and moisture. The packs they produce are fully recyclable and environmentally sustainable in line with current trends. This new partnership contract between Vetroplas and Envases will allow the aluminium bottles, manufactured by Envases to be paired with Vetroplas’ own closures including crimp-on pumps and screw neck caps. Those aluminium bottles are suitable for a variety of products...
