As of October 22, SMM statistics show that the social inventory of aluminium ingots across the three regions in China stands at the 430,000 tonnes level, continuing to decline from the previous trading day, marking eight consecutive working days of destocking. By region, Guangdong saw notable destocking, serving as the main source of the decline across the three regions; Wuxi and Gongyi held flat inventories with limited changes. Overall, downstream cargo pick-up continued after the holiday, with inventories across the three regions steadily being absorbed, providing support for spot premiums. For complete regional inventory data, historical series, and detailed changes, please log in to the SMM data terminal. Note: This article has been shared by SMM and has been published by AL Circle...
Ferrari is accelerating its India expansion as anticipation builds around the proposed India-EU Free Trade Agreement (FTA), with the luxury sports carmaker reporting more than a doubling of orders ahead of the deal. Alongside plans to extend its dealership network to five cities, Ferrari is strengthening its India-focused team, customer engagement and personalisation services as expectations of lower import duties bring fresh attention to the country’s luxury car market. EU trade deal lifts demand expectations Ferrari’s senior leadership said orders from India have more than doubled in anticipation of the FTA, which is expected to come into force in early 2027, subject to the required approvals. The agreement is set to reduce import duties on European-made luxury cars from around 110 per...
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By mid-century, aluminium is set to become one of the defining industrial commodities of the energy transition. Long-range modelling (like Marshall’s Equilibrium Model) points in the same direction, i.e., global aluminium demand could grow by around 80 per cent by 2050 compared with 2020. According to World Economic Forum reports, within that aggregate picture, one recent macro-model of primary aluminium fundamentals suggests that demand for primary metal alone could approach 110 million tonnes by 2050, even as a rising share of total use is met by recycled metal. Image for representational purpose only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Those projections are not abstract for India. The country is already the world’s...
Karlka Nyiyaparli Aboriginal Corporation (KNAC) and Rio Tinto have formalised an updated Native Title Agreement designed to reshape how the two parties work together on bauxite mining activities across Nyiyaparli Country, delivering hassle-free processes and stronger cultural protections. The revised agreement, signed on November 28, is the result of several years of collaborative work. KNAC’s Agreement Review Committee, backed by Common Law Holders, led the process, drawing on on-Country consultations and heritage input to ensure that Nyiyaparli perspectives guided every stage of the review. According to both organisations, the outcome reflects the aspirations of the community and the priority placed on safeguarding the Country. Don't miss out- Buyers are looking for your products on our...
On December 2, the London Metal Exchange (LME) aluminium cash price fell slightly, but other contracts continued the upward trend. The inventory further dropped from the previous day’s close. The LME cash bid fell by USD 1 per tonne or 0.03 per cent to reach USD 2,858 per tonne and the cash offer dropped by USD 1.5 per tonne or 0.05 per cent and concluded at USD 2,858.5 per tonne on December 2. From the previous close, the 3-month bid and offer rose by USD 4 per tonne or 0.13 per cent, where each settled at USD 2,887 per tonne and USD 2,888 per tonne. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Concurrently, the prices for the longer-dated contract also strengthened, with the December 26 bid and offer price increased by USD 6 per tonne...
Global bauxite to aluminium production giant Alcoa has marked a major workforce milestone in Western Australia. A total of 24 apprentices completed four years of technical and on-the-job training across its mines and alumina refineries. The graduation ceremony took place on November 13 2025, at the Mandurah Offshore Fishing and Sailing Club. Alcoa Aluminium has trained more than 2,700 apprentices, trainees and graduates in its 62-year history in Australia. Of the present apprentices, 11 women and 13 men began their training in 2022. Their schedule combined on-the-job learning with TAFE study. The group also demonstrated adaptability. Six apprentices from the Kwinana refinery, which ceased production in 2024, were relocated to the Pinjarra and Wagerup refineries to complete their trade...
Many key investments have emerged in various themes, including artificial intelligence (AI), quantum computing and memory chip stocks. But for now, the attention is more extensive on the nuclear energy stocks. This is more so because many high-profile nuclear stocks in Q3 have reported their earnings. NuScale’s heavy loss is affecting Q3 earnings NuScale Power, a pioneering developer of small modular nuclear reactors, has been on a rollercoaster ride throughout 2025 due to many small pre-revenue nuclear stocks. The firm, till mid-October, presented an upward trajectory of 200 per cent, but after mid-October, the stock collapsed by 61 per cent from its peak. Because of this, a direct impact on the firm’s revenue has been seen with a loss of USD 1.85 per share. The downturn of its stock is...
The Eurasian Economic Commission, under the Eurasian Intergovernmental Council, has introduced a series of fresh trade measures targeting the Chinese imports of titanium dioxide and aluminium foil. Following the Council’s instruction, the board has agreed to impose anti-dumping duties on both products for five years, setting rates between 17.16 per cent and 20.24 per cent for aluminium foil and 14.27 per cent to 16.25 per cent for titanium dioxide. While duties will apply broadly, the Commission has endorsed price commitments from selected manufacturers. For aluminium foil, Xiamen Xiashun Aluminium Foil Company, Ltd. has secured an arrangement under which its products will be exempt from the duty, provided it adheres to the agreed pricing terms. A similar mechanism has been approved for...
Canpack, a global manufacturer of aluminium beverage cans and packaging solutions has released its results for the quarter and nine-month period ending September 30, 2025, reporting a small rise in beverage-can demand but softer profitability. Q3 2025: Higher volumes, firm sales, softer earnings The company shipped 9.072 billion beverages can in Q3 2025, edging up 3 per cent from the 8.792 billion units recorded a year earlier in the same period. The reason for increase is primarily driven by higher can body volumes in the US and India, partially offset by lower can body volumes in Europe. Net sales strengthened as well, climbing to USD 1.180 billion from USD 1.080 billion, a 9 per cent jump. This positive performance was driven by contractual pass through of higher aluminium LME and...
A new solar power plant project has surfaced by Talum, an aluminium producer of up to 60 MW overall, aiming to evolve utility-scale solar in Slovenia rapidly. In this region, the photovoltaic (PV) facilities, which are installed by households and firms, account for nearly the entire operational capacity of 1.5 GW. At present, 7.1 MW is the capacity of the highest solar power plant located in Slovenia near the Krvavi Potok village, which started its operations back in July 2025. To focus, the expansion of the Prapretno photovoltaic plant is currently taking place, shifting from 6 MW to 9.8 MW. Apart from this, another large project, highlighting a total capacity of 140 MW, is underway. The firm is looking forward to indulging itself in a project for installing the largest solar power plant...
Aluminium scrap has quietly become one of the most protected raw materials in the world specially in United States and the European Union — not through restrictions, but through deliberate exemptions. Washington has carved scrap out of Section 232 tariffs even as it tightened duties on primary aluminium, lifting the tariff rate to 50 per cent by June 2025. The split treatment is intentional. The US has a domestic primary metal shortage of nearly four million tonnes a year, and secondary smelters can expand only if scrap continues to flow in duty-free. Europe has taken a parallel — but more climate-driven — route. Aluminium scrap is excluded from the EU’s Carbon Border Adjustment Mechanism, which places carbon prices on primary and semi-finished imports but assigns zero emissions to...
Ardagh Group S.A. (Ardagh), which deals in aluminium beverage packaging, recently announced that its present Group CFO, John Sheehan, would be resigning from his post by the end of this year. Mr Sheehan had informed the Board about this decision at the beginning of the year. Meanwhile, Ardagh is conducting the appointment process of a new successor to his position, which would be announced by the company in the near future. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Mark Porto, Executive Chairman, Ardagh, stated, “We are extremely grateful to John for his commitment and diligence in delaying his planned departure until successful completion of the recapitalisation transaction earlier this month. John is very highly regarded within and...
The London Metal Exchange (LME) price on December 1 significantly increased from the previous day’s close. However, the opening stock and cancelled warrants declined along with the cost of alumina platts. Both the LME cash bid and offer rose by USD 34 per tonne or 1.2 per cent, where the bid stood at USD 2,859 per tonne, up from USD 2,825 per tonne and the offer at USD 2,860 per tonne, up from USD 2,826 per tonne. The 3-month bid price climbed USD 33 per tonne or 1.12 per cent to settle at USD 2,883 per tonne from USD 2,850 per tonne. Similarly, the 3-month offer price increased by USD 32 per tonne or 1.1 per cent, to reach USD 2,884 per tonne from USD 2,852 per tonne. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Concurrently, both the...
Ardagh Group, a global supplier of packaging solution, has turned in a solid set of numbers for the third quarter of 2025 ended September 30, riding on resilient demand for packaging across Europe and the Americas. Here metal packaging was star of the show overlooking glass that let Ardagh saw an uptick in Q3 performance. Metal packaging emerged as the star performer in Q3 For the three months ended September 30, the Group’s revenue resulted in USD 2,504 million in three months, up by 4.86 per cent from USD 2,388 million a year ago. While glass packaging in North America slipped 2.4 per cent, metal packaging held its ground with an increase of 8.4 per cent from USD 741 million to USD 803 million. Even in Europe, the revenue from metal packaging saw a staggering rise of 9.3 per cent from...
Instead of recycling, millions of worn-out coffee capsules and other minuscule aluminium items are deemed to pose crucial environmental challenges. Loss of these aluminium items mainly happens when they undergo the conventional sorting systems, which then ends up in the waste. For this, a new agreement between Nestlé-Nespresso and Generalitat Valenciana is drafted, which offers the long-awaited solutions, enabling the recovery of these problematic materials efficiently in Benidom. Outlining the agreement A signed agreement between the Generalitat Valenciana and Nestlé-Nespresso aims to identify and recover the small aluminium products, which previously went missing in the waste while sorting at the Light Packaging Sorting Plant in Benidorm, which is operated by Vaersa, a public company....
Winning International Group is reinforcing its grip on the long-haul bauxite trade. The Singapore-based bulker specialist has returned to Hengli Shipbuilding for another round of very large ore carrier (VLOC) newbuilds. The company has secured two more 325,000 dwt vessels to support its fast-growing West Africa-China operations. Industry sources say the order follows last year’s booking of six WinningMax-class ships, with deliveries beginning in 2026. The latest pair will join the fleet in 2027 and 2028. The price has not been disclosed yet. Earlier units were reported at around USD 116 million each. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Winning already runs one of Singapore’s largest bulker fleets, with over 100 ships, more than...
With the complete acquisition of the complete shareholding for two major corporate proposals, Maan Aluminium’s strategic course reflects strong confidence from the investors. The measures were put forward at an extraordinary general meeting on November 29, 2025, where the resolutions won 100 per cent approval. The first resolution authorised amendments to the company’s Articles of Association, the document that shapes how Maan Aluminium is governed internally. However, the company refrained from spilling the finer details; the unanimous decision opened avenues for a revamped governance framework or adjustments to operational norms. A second resolution cleared the way for the issuance of equity shares on a preferential basis . The approval clearly indicates that the company is making...
An agreement to pay USD 11.8 million by Harman International Industries, Inc., has surfaced for settling the allegations of violating the False Claims Act and other statutes. This allegation came by evading the antidumping and countervailing duties on goods which are made of extruded aluminium from China. The audio electronics company works for automakers, enterprises globally and consumers. Not only this, the firm’s portfolio brands include Harman Kardon, Mark Levinson and JBL. The allegation time span includes June 1, 2011, through March 31, 2023, which has been resolved with the settlement offer. Harman is alleged to have knowingly imported heat sinks which contained extruded aluminium from the People’s Republic of China without paying the deemed fees. Upon confrontation by the US...
In the 19th century, steel became the backbone of global industrial strategy. In the 20th century, it was oil. And, in the 21st century, it is the rare earth elements. 17 metallic elements from the periodic table, chemically similar and physically unremarkable to the eye, have become the scaffolding of electric vehicles, wind turbines, fighter jets, smartphones, navigation systems, medical devices, modern weapons and everything else that powers clean energy, digital connectivity and national defence. They are the ingredients behind the magnets that spin a wind turbine’s rotor, the catalysts that refine fuels, the phosphors that light an aircraft cockpit, and the polishing compounds that perfect wafer-thin lenses. Explore- Most accurate data to drive business decisions with 50+ reports...
Rio Tinto’s New Zealand Aluminium Smelter is preparing for a major shift in how it handles spent pot lining, confirming a USD 50 million investment in a new processing facility for the aluminium byproduct at Tiwai Point. The facility will tackle spent cell liners (SCL) that have, until now, been stored either in covered sheds or within a sealed pad at the site. Its management has long been a point of contention and, at times, controversy. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain One of the defining moments came in 2021, when the global chief executive, Jakob Stausholm, travelled to Wellington to apologise to the Government for the company’s approach to waste handling. The apology followed the 2020 emergency in Mataura, when hundreds...
