COROS has introduced the DURA 2 SOLAR, a second-generation GPS cycling computer featuring an anodised aluminium alloy frame and a braided carbon fibre back. The new model combines aluminium construction with a larger touchscreen, updated navigation functions and extended battery life. The device features an aluminium upper frame with a profile measuring just 5.7 mm at its thinnest point. Its construction combines the metal with carbon fibre to keep the overall weight at 99 grams without a mount, increasing to 138 grams with a compatible mount. The use of aluminium is part of a broader redesign that gives the cycling computer a slimmer profile. COROS has also expanded the screen size from 2.7 inches in the original DURA to 3.5 inches in the new model, improving the available display area...
Silgan Holdings and funds affiliated with American Industrial Partners (AIP) are set to acquire Trivium Packaging in an all-cash deal valued at approximately $3.4 billion. The transaction will combine Trivium’s aluminum and metal packaging operations with Silgan’s Metal Containers’ aluminum and steel segment and food and beverage flat cap closures businesses, creating Silgan Metal Containers and Closures (MCC), a global aluminum packaging business valued at $7.3 billion. Silgan will hold a 60% stake in the new entity, while AIP will own the remaining 40%. Operations will be concentrated primarily in North America and Europe. To learn the future of aluminum in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " Deal structure and...
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The US is suffering the consequences of President Trump doubling tariffs on the import of aluminium to 50 per cent, such as the increased costs and supply chain disruptions. But it is the demand which has not yet faced any hit. However, the nation is not really short of aluminium, according to industry professionals. More than USD 1 billion worth of aluminium from beverage cans, motor vehicles, electronics, and building materials is dumped in landfills annually. It is a lost opportunity when import costs are surging steeply. Recycling aluminium uses only a small fraction of energy and could offset the tariffs if recycling facilities were enlarged. Companies that are struggling with the tariffs The Trump administration increased tariffs on aluminium imports from 25 per cent to 50 per cent....
The European Union’s vaunted export engine is sputtering under the combined weight of tariffs, softer demand, and eroding competitiveness. June 2025 marked a dramatic turning point: according to ING’s latest analysis, the bloc’s seasonally adjusted trade surplus collapsed to just EUR 2.8 billion, down from EUR 15.6 billion in May. Eurostat’s official, unadjusted figures tell a similar story, showing the surplus narrowing to EUR 7.0 billion in June from EUR 20.7 billion a year earlier. Image source: https://wjjh.blog/ The headline numbers mask an even more telling shift. Exports from the single currency area rose a negligible 0.4 per cent year-on-year to EUR 237.2 billion, while imports surged by nearly 7 per cent to EUR 230.2 billion. On a monthly basis, exports contracted by 2.4 per...
China has formally sought dispute consultations at the World Trade Organization (WTO) over Canada's surtaxes and quotas on aluminium and steel products, the WTO announced on Wednesday, August 20. According to the WTO notice, the contested measures include a surtax applied through tariff-rate quotas (TRQs) on certain steel imports from non-free trade agreement (FTA) partners, including China. Beijing is also challenging a surtax imposed on goods containing steel or aluminium of Chinese origin. "We will not hesitate to act when our industries are threatened by unfair practices. These measures are a direct response to China's overcapacity and non-market behaviour, which are undermining Canada's steel sector and threatening Canadian jobs," said Huzaif Qaisar, a spokesman for Trade Minister...
According to Minister of Economy Gevorg Papoyan, Armenian exports to the EU posted robust year-on-year growth in July, driven by three key sectors in the first seven months of 2025 versus the same period last year. Based on the report put forward by Papoyan, the July 2025 data versus July 2024 reveals exports of finished food products rose 56 per cent, alcoholic beverages increased 20 per cent and aluminium products grew 35 per cent. As per the Minister of Economy, the projected growth was supported by government programs, which compensate EU customs duties on finished goods. The latest Armstat data shows Armenia’s trade turnover with EU countries reached USD 1.2 billion in H1 2025, marking a 9.5 per cent increase year-on-year. Exports rose 1.8 per cent to USD 286.8 million, with the...
India is at the centre of global trade discussions after reports suggested that the Reserve Bank of India (RBI) had issued a circular enabling BRICS nations to settle 100 per cent of their trade in Indian Rupees (INR). Analysts argued that such a shift could weaken the US dollar’s dominance in international trade and strengthen BRICS’ collective bargaining power. Though there is no such official mandate for BRICS to conduct all trade in rupees. Instead, several outlets noted that the RBI has relaxed norms by allowing banks to open Special Rupee Vostro Accounts (SRVAs) without prior approval, a move aimed at promoting INR-based trade at a time when US tariff measures continue to create uncertainty for BRICS countries. The latest circular, issued on August 5, 2025, builds on an earlier...
The flagship recycling facility, that has started operations in Magdeburg, targeting the recovery of valuable metals, including aluminium, from waste incineration, is prepared for harsh conditions. Run by Mitteldeutsche Schlackenunion (MDSU), it is now the biggest and most advanced bottom ash treatment plant in Germany. Image source: https://www.winkelmanengineering.nl/ Commissioned in late 2024, this site is built to process up to 90,000 tonnes of incinerator bottom ash annually. However, the current throughput is around 60,000 tonnes, which is likely to increase at the operational scale. The launch of this bottom ash recycling facility is a business imperative. The bottom ash, which was considered a waste byproduct before, still comes with a huge volume of non-ferrous metals such as...
The global aluminium industry stands at a critical juncture where efficiency, sustainability, and resource recovery are shaping new business priorities. As per recent business market research, the aluminium sector — formed of primary aluminium smelters, secondary aluminium facilities, and downstream processing plants — generated an estimated 4.78 million tonnes of dross in 2024. Source: AL Circle This figure reflects the inescapable byproduct of aluminium melting, but it also highlights opportunities for resource recovery and value creation. Aluminium dross generation: Regional market analysis China, the world's largest producer of aluminium, continues to dominate global dross output as per rule, accounting for nearly 47 per cent of total generation in 2024. The Rest of Asia-Pacific...
At its 66th Annual General Meeting, Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, announced plans for approximately USD 10 billion in global investments over the next five years, spanning aluminium, copper and speciality alumina, Chairman Kumar Mangalam Birla informed shareholders. The metal flagship's expansion strategy features significant projects in India and abroad, including an INR 18,000 crore (USD 20.63 billion) capex in FY25, deemed as the highest in nearly a decade. As of now, the company is among the leading global players in aluminium, copper and speciality alumina and is embarking on an ambitious growth trajectory, as attributed by the Chairman. Moreover, the company is also boosting the upstream capacities with nearly 180,000 tonnes expansion at the...
Six months into Donald Trump’s 2025 tariff regime and it seems to be a never-ending roller-coaster journey with new sets coming in. So, what’s the update this time? More than 400 additional aluminium and steel product categories have come under the fold of 50 per cent tariffs. What are included? Auto parts, auto components, railcars construction materials, wind turbines specialty chemicals, and household items like refrigerators, freezers, dryers, and furniture components. In short, anything that contains or is contained in aluminium and steel. Brian Baldwin, vice president of customs at Kuehne + Nagel International AG, quipped anything and everything that looks shiny, metallic, or remotely like aluminium or steel, is included in the new list of product categories hit by tariffs. The new...
After three consecutive days of decline from Monday to Wednesday, LME aluminium prices rebounded on Thursday, August 21, rising by USD 4 per tonne (0.15 per cent) and USD 3.5 per tonne (0.13 per cent). Why did the price increase? The growth was supported by expectations of stronger demand from the top consumer, China. Market participants also kept a close watch on US Federal Reserve Chair Jerome Powell’s upcoming speech for cues on the policy outlook. According to analysts at broker Guosen Futures, anticipation of a seasonal demand recovery next month may have further lifted aluminium prices. Earlier in the week, efforts to broker an end to the geopolitical crisis had raised hopes of increased supply from Russia, putting downward pressure on aluminium prices at that time. LME price Both...
Alcoa’s plan to expand its bauxite mining operations in Western Australia’s jarrah forest is undergoing detailed environmental review. A recent study by engineering consultancy GHD highlighted potential risks to Perth’s water supply while also recognising measures the company has proposed to mitigate them. The research, commissioned by Alcoa in relation to its application to mine 67 sq km of forest, identified 22 potential pathways to dams serving the city's 2.3 million people. The key risks that were identified included sewage-borne pathogens, hydrocarbon contamination from oil spills, and turbidity due to erosion of soil, which might render water treatment plants ineffective. Potential contamination of Perth's water supply The government-owned Water Corporation has been warning about...
Midal Cables has achieved ASI Performance Standard V3.1 (2023) for the production of aluminium rod coils and bare aluminium conductors for overhead lines (OHL) at their Midal Cables International, Lda Mozambique facility located in Matola Rio, Mozambique. Aluminium Stewardship Initiative (ASI) today announced that Midal Cables International, Lda has been certified against the ASI Performance Standard V3.1 (2023). The facility manufactures aluminium wires, rods, and conductors for industrial applications , with an annual production capacity of 60,000 tonnes. Operations include casting, rolling, wire drawing, heat treatment, and stranding, supported by two melting furnaces, a continuous casting line, wire drawing and stranding lines, and an oven. The ASI Certification program was developed...
Hind Aluminium, a maker of aluminium and alloy conductors and aluminium wire rods, has recently announced its financial results for the quarter ending June 2025 (Q2). The results highlight a positive shift in the company’s evaluation, with its score improving to 4 from 3 over the past three months. The company reported a sharp rise in Profit After Tax (PAT), which stood at INR 8.71 crore (USD 1.05 million), an impressive year-on-year growth of 216.73 per cent. This performance significantly outpaces the previous twelve-month period, when PAT was INR 3.00 crore (USD 360,000). A significant surge of 123.33 per cent was also recorded from INR 3.90 crore recorded in Q1 2025. Remarkably, Hind Aluminium has already exceeded its full-year PAT of the prior fiscal year within just the first six...
The reliability of the price benchmarks for commodities is fundamental to global trade and investment decisions made. When even slight adjustments happen to the benchmarks, it is important for the participants in the market to know the implications. The recent adjustments made to the alumina index in Australia focus attention on the accuracy of price reporting and the mechanisms that hold the system accountable. Alumina is the medium for making aluminium from bauxite ore, an important input factor to the global supply chain of metals. About two tonnes of alumina are needed to create a tonne of aluminium, which makes alumina widely used from aerospace to packaging. The FOB Australia alumina index is now the world's most significant benchmark, serving as a reference point for contracts,...
The European Union is still waiting for Washington to deliver on key promises made under the trade deal struck at the end of July 2025. While the agreement set a 15 per cent baseline tariff on European exports, already in effect since last week — Brussels says other critical measures remain pending. EU officials had earlier signalled that a joint statement and executive orders from US President Donald Trump would follow the deal “very soon.” But on Tuesday, a European Commission spokesperson admitted uncertainty over the timeline. The spokesperson said , “It is an agreement that we believe is strong and the best we could have ... Of course, we expect the US to take further steps that are part of this agreement but I don’t believe at this stage we can put a timeline on these engagements.”...
There is a long history of economic relationships between India and Japan. The key events that fortified this relationship were Japan's contributions to India in the steel sector in the 1950s and Japan's direct investments in the IT sector in the 1990s, and now Japan is beginning to depend on India for aluminium sector supply. India is developing as a reliable provider for Japan's aluminium supply. In 2024, Japan imported nearly USD 337 million (UN COMTRADE) worth of aluminium from India, one of the top four suppliers. This has not happened by accident. Changing geopolitical scenarios, sanctions that included Russia and the need for cleaner production have opened up new space for India's manufacturers. Why aluminium matters to Japan Japan's major industries, comprising transport,...
The festive drums have already started rolling. With only 38 days left to the much-awaited celebrations of the year, preparations for Durga Pujo have already begun in full swing. Pandals are rising like dreams in every corner, artisans are giving life to the goddess with strokes of devotion, and amidst this wave of anticipation, Agrico is stepping into the spotlight with a celebration like no other. This year, the local Durga Puja Committee in Jamshedpur has unveiled its grand plans for a one-of-a-kind pandal that will gleam with the brilliance of shining aluminium sheets, adding a modern, reflective twist to the age-old tradition. The foundation ritual, held at the Agrico Club House ground on Tuesday, August 19, was graced by committee president Y.P. Singh, general secretary Bhupendra...
Just when the Indian aluminium industry is prioritising its production, aiming to increase it by sixfold to achieve more than 30 million tonnes per annum of output from the present 4.2 million tonnes, the mandate issued by Renewable Consumption Obligation seems to have dampened the spirit because the mandate says the captive power consumers must derive 29.91 per cent of electricity from renewable sources and scale it up to 43.33 per cent by FY2030. On paper, this mandate is a well-meaning policy designed to support the Indian manufacturing industry to decarbonise its production, but in case of aluminium, some are of the opinion that it contradicts the country’s ambitious production dream and may even stall the progress it seeks to accelerate. Critics warn that aluminium smelting requires...
