ASSA ABLOY has agreed to acquire Brazilian aluminium solutions manufacturer Rometal, strengthening its manufacturing presence in Latin America while expanding its portfolio of door systems, furniture fittings and aluminium products. Announced on November 12, 2026, the proposed acquisition would bring an established Brazilian business with approximately 500 employees into the Swedish group's Americas Division. Rometal recorded sales of approximately BRL 332 million (USD 59 million) in 2025, equivalent to approximately SEK 580 million (USD 57.57 million) in ASSA ABLOY's announcement. The purchase price has not been disclosed. ASSA ABLOY described the company's EBIT margin in 2025 as strong and expects the transaction to be accretive to earnings per share from the start. Rometal acquisition...
Finland-based renewable heat technology developer Coolbrook has joined Australia’s Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) as an affiliate partner, bringing its electrified heating technology into research aimed at decarbonising alumina refining and the wider aluminium industry. The collaboration would explore how high-temperature electric heating can support next-generation alumina refineries, reducing reliance on fossil fuels. Coolbrook would work alongside major alumina and aluminium producers, including Emirates Global Aluminium (EGA), Alcoa, Rio Tinto, South32 and Hydro, as well as research organisations of CSIRO and Adelaide University. Initially, it would focus on HILT CRC’s Alumina Refineries’ Next-Generation Transition (AlumiNEXT) project,...
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Spurred on by hopes that U.S. President Donald Trump’s 10-percent aluminium tariffs will usher in a better landscape for the production and sale of primary aluminium, the shuttered smelter formerly owned by Noranda Aluminium in the bootheel region of Missouri announced on Friday the restart of two of its three idled potlines. Magnitude 7 Metals LLC (M7M) said that it has begun to revive both potlines, with the first likely to begin production this spring and the second following on its heels this summer. “M7M hopes to soon be in a position to expand its restart plans to cover additional primary production capacity and/or downstream operations at the smelter site, with significant additional employment levels included.” Though no numbers were given by M7M, a local state senator announced...
The continuous expenditure in building, construction and transportation sector is driving the demand for aluminium tubes and pipes globally. The demand for luminium tubes and pipes will continue to increase in the years ahead. Aluminium pipes are the 683rd most traded product and the 422nd most complex product, according to the Product Complexity Index (PCI). Romania’s exports of commodities increased to 5422.90 EUR million in January 2018 from 4493.60 EUR million in December 2017.The country’s exports of aluminium tubes and pipes have increased during the last three years. Romania’s export of this product is projected to drop in 2018. According to recent estimates, in 2016, Romania exported 10427 tonnes of aluminium tubes and pipes. The total revenue from aluminium tubes and pipes export...
As reported by SMM, China Customs data shows China's imports of alumina in January fell for three consecutive months and touched a new low of 74,000 tonne since August 2017. This is down 48.6% month on month and 72.3% year on year. Higher imported alumina prices in comparison to domestic producers were largely responsible for the fall in import. The average imported alumina price for the month of January and February stood at RMB 3450 per tonne (US$545 per tonne). For the period of February 13 to March 13, the monthly average imported alumina price stands at RMB 3393.75 per tonne (US$536 per tonne). Average imported alumina price fell to RMB 3000 per tonne (US$474 per tonne) on March 12; bringing down the average monthly price. Below graph shows the trend in average imported alumina price...
Some Japanese aluminium buyers have agreed to pay a premium of $129 per tonne for shipments from global producers in the April to June quarter, reflecting soaring U.S. spot premiums, two sources directly involved in the pricing talks said on Monday. The new premium is 25 percent higher than the $103 per tonne premiums PREM-ALUM-JP in the current quarter. The premium is the highest in three years and marks the second quarterly increase in a row. Japan is Asia’s biggest importer of aluminium and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal Exchange (LME) cash price set the benchmark for the region. The quarterly pricing negotiations began last month between Japanese buyers and global producers, including Alcoa Corp , Rio Tinto and South32 Ltd,...
LME aluminium continued falling through last week and closed with USD 2078.5 per tonne on Friday. However, the contract stayed firm above $2,100 per tonne over the weekend due to strong data from US non-farm payrolls. The LME aluminium contract gained higher to close at US$ 2097 per tonne on March 13. It is still the lowest in almost three months. According to Shanghai Metals Market, LME aluminium is expected to test the US$2,100 per tonne level and trade at US$2,085-2,110 per tonne today. As on March 12, LME aluminium cash (bid) price stands at US$ 2096.50 per tonne, LME official settlement price stands at US$ 2097per tonne; 3-months bid price stands at US$ 2117 per tonne, 3-months offer price is US$ 2118 per tonne; Dec 19 bid price stands at US$ 2168 per tonne, and Dec 19 offer price is...
ElvalHalcor S.A., the newly merged business of Elval Hellenic Aluminium Industry S.A. and Halcor Metal Works S.A., Greece, signed an agreement with SMS group for the supply of a new four-stand aluminium tandem hot finishing mill for its Oinofyta plant near Athens. Following the hot finishing mill’s installation, ElvalHalcor will boost its production of prime aluminium flat rolled products. “This investment allows for the increase of ElvalHalcor’s current presence in aluminium packaging, industrial, transportation and architectural applications and sets the base for expansion in the automotive and aerospace sectors,” according to SMS group press release. “The future spectrum of hot rolled strips will range from 1.8 to 12.7 millimeters in thickness and up to 2.6 meters in width, hence...
The U.S. President Donald Trump has granted Australia an exemption from its new tariffs following discussions with Australian Prime Minister Malcolm Turnbull. Turnbull said Australia will not join an international protest against the U.S. over aluminium and steel tariffs. "Spoke to PM of Australia. He is committed to having a very fair and reciprocal military and trade relationship. Working very quickly on a security agreement so we don’t have to impose steel or aluminium (sic) tariffs on our ally, the great nation of Australia!,” Trump said on Twitter. Trump has already exempted Canada and Mexico from the new import tariff till the three countries decide on North American Free Trade Agreement (NAFTA). "Great discussion today on security and trade. Australia/US trade is fair & reciprocal...
AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products has expressed concern over the imposition of 10% punitive tariff on aluminium imports to USA On March 8, 2018. In response to USA’s tariffs on aluminium imports, Helmut Wieser, CEO of AMAG Austria Metall AG said that the USA has been a key market for AMAG primary aluminium and rolled products for many years and US administration’s decision will have an impact on AMAG’s operating result this year which was expected to be a mid-seven-digit euro figure. He however said that the decision would not affect the Canadian part of AMAG production provided the country is exempted as specified. “The opportunities and risks of the response of the USA’s trading partners and any changes in the flow of goods...
Mineral Resources Minister of Fiji Faiyaz Koya says that payments of $1.7m revenue were paid to the landowners in Nawailevu, Bua and Naibiulu and $781,000 was paid to the government. Bauxite is mined from 408 hectares of prospective zones in the Nawailevu area in Bua and part of the Naibulu East area in Macuata. As one of the major revenue earning commodity mined in that two sites, bauxite has earned the government $1.4m in revenue on royalty, said Koya. “This is in addition to the salary and wages of locals employed by the company. The project has also assisted local communities with the provision of a $30,000 donation to the Bua Scholarship fund,” he said. He also added that the revenue from bauxite assisted with site levelling for over 10 housing projects for Mataqali Nalutu, church...
Tapan Kumar Chand, CMD, NALCO and Chairman of Aluminium Association of India told PTI that Indian aluminium industry will be not significantly affected by aluminium tariff. Since India already has a large export market in the ex-USA world so tariff will affect a small portion of its aluminium exports. U.S. President Donald Trump last week signed proclamation that imposed 10 per cent tariff on imported aluminium l and 25 per cent on steel. Vedanta Ltd said that the company exports around 5 per cent or 1, 00,000 tonnes of its aluminium volumes, to the US, hence the duties are not a game changer. "Moreover, the market prices will adjust accordingly with higher premiums to reflect the higher cost of supply due to the 10 per cent duties," Vedanta Ltd Chief Sales & Marketing Officer (Global...
Amidst the uncertainty over the restarting of mining operations in Pahang, Natural Resources and Environment Minister Datuk Seri Wan Junaidi Tuanku Jaafar announced that the Standard Operating Procedure (SOP) for bauxite mining activities in Pahang is expected to be completed by June 2018. He added that the SOP was prepared after considering the environmental impact assessments submitted by several third party agencies and input from the Malaysian Anti-Corruption Commission (MACC). “The SOP will ensure that bauxite mining and export comply with the set regulations and not cause pollution,” he said. He told the reporters that the ministry will bring out the SOP study results to discuss with the Pahang Government and industry players before implementing it. He made this announcement while...
China’s alumina imports in January dropped 72 per cent from the same period previous year. China imported 73,624 tonnes of alumina from the global market, according to China's customs data. Source: www.metal.com (Unit: tonnes) China’s alumina imports from Indonesia were up 4.74 per cent YoY in January 2018. Indonesia exported 31, 457 tonnes of alumina to China. Australia’s alumina exports to China continued to decline in January. Australia exported 34,500 tonnes of alumina, down 77 per cent YoY. Other exporting countries were Germany, Japan, France, India, the US and South Korea. Total alumina exports by the country declined 24 per cent YoY reaching 4,093 tonnes in January. South Korea’s alumina imports from China were down 17 per cent YoY in January. China exported 1,797 tonnes of...
As updated by Shanghai Metals Market, spot aluminium fell to RMB 13,800 per tonne on Monday March 12. SMM updates today’s average A00 ingot price stands at RMB 13,810 per tonne and is expected to trade in a range of RMB 13790 – 13830 per tonne today with a discount of RMB 100-80 per tonne. Primary ingot prices registered a drop of RMB 120 to 170 per tonne across all domestic markets. Trading was active in the east China physical market but thin in the Guangdong market, SMM learned. In Shanghai and Wuxi, SHFE 1803 contracts were traded at RMB 13,800-13,820 per tonne with spot discounts of RMB 100-90 per tonne. Trades in Hangzhou were seen at RMB 13,810-13,830 while those in Guangdong were seen at RMB 13,850-13,860 per tonne. The difference in prices between Shanghai and Guangdong hovered...
LME aluminium continued falling closing the week with USD 2078.5 per tonne, down from USD 2082.5 per tonne the day before. The contract stayed firm above $2,100 per tonne over the weekend due to strong data from US non-farm payrolls. Shanghai Metals Market expects it to test the five-day moving average and trade at US$2,110-2,135 per tonne today. As on March 9, LME aluminium cash (bid) price stands at US$ 2078 per tonne, LME official settlement price stands at US$ 2078.50 per tonne; 3-months bid price stands at US$ 2098.50per tonne, 3-months offer price is US$ 2099 per tonne; Dec 19 bid price stands at US$ 2148 per tonne, and Dec 19 offer price is US$ 2153 per tonne. The LME aluminium opening stock has dropped to 1311725 tonnes with the moving of stocks in the Asian warehouses after the...
Norwegian aluminum maker Norsk Hydro’s Alunorte alumina refinery in Brazil made unauthorized spills of waste water last month, the company said on Sunday, more than two weeks after local authorities first began to raise questions. Heavy rain and flooding at the plant in mid-February sparked fears of a leak of toxic bauxite waste around the facility and government warnings of contamination, but Hydro has so far maintained it had found no evidence of emissions. Authorities in late February ordered the plant, the world’s largest alumina refinery, to cut output in half until it addressed concerns, leading Hydro to declare force majeure with no time set to restart production. A Brazilian government-backed research institute on Friday told Reuters it will soon publish evidence of a waste leak...
SirajPower has signed an agreement with Al Abbar Aluminium to finance, build and operate a solar system at Al Abbar’s steel and aluminium facility in Jebel Ali. SirajPower will deliver almost 1MW solar energy and help the company to save nearly 40% of its expected consumption at the facility. David Auriau, Director at SirajPower said: “SirajPower’s portfolio has been growing steadily as we continue our commitment to deliver on Dubai’s plan to have 75% of electricity production coming from clean energy. Dubai authorities, who are already at the forefront of this initiative in the region, are encouraging businesses to take this direction and our company takes great pride in inspiring others across industries to adopt cheaper and cleaner energy sources for a better future.” SirajPower...
European Aluminium, the voice of the entire aluminium value chain, is confident the EU Commission will do everything it can to exempt European countries from the 10% US tariff in the next 15 days, but requests immediate market surveillance and the implementation of safeguard measures if proven necessary. “We are deeply concerned about the US decision to impose a 10% tariff on all aluminium products from Europe (EU+EFTA). As a long-standing political ally with strongly interlinked aluminium value chains and numerous multinationals operating on both territories, Europe should have been exempted from the tariff. If the tariff comes into force, it will greatly damage our trading relationship with the US. The EU currently exports 1.2 billion euro of direct aluminium products to the US, shares...
Major Asian nations have expressed strong concern and reaction to U.S. President Donald Trump's decision to impose tariffs on steel and aluminium imports on Friday. They feared the tariffs will damage global trade relations and urged for a unified call for retaliation. President Donald Trump has signed proclamation imposing 10 per cent tariff on aluminium and 25 per cent levy on steel on Thursday. The new tariffs will go into effect in 15 days. The move is likely to face retaliation from its major trading partners, though he announced exemptions for Canada and Mexico, and said exceptions could also be made for other allies. China's commerce ministry published a statement saying that it "resolutely opposed" a move by Trump to impose tariffs on steel and aluminium imports and urged the U.S....
