Vietnamese aluminium businesses are seeking a reduction in export duties to zero, arguing that the current tax rules put domestic suppliers at a disadvantage compared with imported materials. The Vietnam Chamber of Commerce and Industry (VCCI) has raised concerns over a proposal to cut export duties on unwrought aluminium, bars, rods, profiles and wire to 1 per cent from 5 per cent. The proposed duty on aluminium plates, sheets and strip in coils would be reduced to zero. Citing feedback from the Vietnam Aluminium Profile Association and businesses, VCCI said the proposed 1 per cent rate would bring little revenue to the state budget while leaving companies with administrative requirements, including tax declarations, payments, guarantees and post-clearance inspections. The chamber also...
The London Metal Exchange (LME) aluminium price chart continued to rally, reporting gains over the October 26 close in the October 27 trading session across the pricing and contract segments. Asian Reference Price gained 1.5 per cent, while aluminium inventories continued to falter. The LME aluminium cash bid price gained 1.02 per cent on October 27, rising to USD 3,077.5 per tonne from USD 3,046.5 per tonne. The offer price surged to USD 3,078 per tonne from USD 3,047.5 per tonne , up 1 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid as well as offer prices reported a 1.22 per cent rise. The bid surged to USD 3,062...
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After an initial aggressive uptick at the beginning of March, the premium for Japanese aluminium’s outbound trade during the second Quarter of 2025 (April to June) has reportedly crashed to USD 182 per tonne, which is clearly a 20 per cent decrease from the past quarter (Q1’25), reveals six sources involved in the pricing discussions. The downturn in premiums is the first quarterly drop in the recent five quarters, USD 46 down from January to March, with a premium of USD 228 per tonne. Aluminium has turned out to clasp a premium below initial offers from global production houses, which ranged from USD 245 per tonne to USD 260 per tonne, now raising the question of why such a premium fell. On March 27, Platts evaluated the CIF main Asian ports (MAP) spot P1020 aluminium premium at USD 173...
India's engineering goods exports experienced a decline in value during February 2025, marking the first monthly fall since April 2024, affected by slower exports of aluminium, steel, copper, and iron. According to the Engineering Export Promotion Council (EEPC), India's export value stood at $9.4 billion in the specific month, compared to $9.08 billion a year ago. That reflected an 8.62 per cent decline, bringing the past nine-month growth streak to an end. However, despite the monthly fall in February, cumulative export value for the past ten months continued to show growth, with a moderate year-on-year increase of 7.98 per cent. Interestingly, the export value for the period from April to February FY2025 reached an all-time high, amounting to $105.85 billion versus $98.03 billion...
Ball Corporation and LOA Brewery have reached a groundbreaking milestone in Chile with the launch of the country's first beer cans to receive Aluminum Stewardship Initiative (ASI) certification. Featured on Ball's cans for Otra Ronda Amber Ale and Minga Loca West Coast IPA, the ASI seal ensures that the aluminium meets the highest environmental and social standards, reinforcing sustainability across the entire value chain. Image Source: Ball Corporation This achievement underscores Ball's commitment to providing its customers with sustainable packaging solutions, advancing the circular economy, and promoting environmental responsibility in the beverage industry. Ball is committed to sustainability and is proud to be the first can manufacturer to achieve ASI certification for all its...
Aluminium businesses, brace yourselves as your base metal commodities are getting pricier, and it’s not just a minor blip. The latest round of US tariffs on steel and aluminium imports is sending shockwaves through industries that rely on these materials. From roofing to manufacturing, businesses, as well as homeowners, are starting to feel the pinch. And, with no exemptions in sight, the future looks even tougher for those loyal to aluminium. Image Source: https://www.rcmindustries.com/ A roof too far? Here’s why homeowners are ditching metal roofing Metal roofing has always been a premium choice, known for its durability and sleek aesthetics. But now, thanks to the US government’s 25 per cent tariff on imported steel and aluminium, the cost is becoming prohibitively high. The numbers...
DI Dongil has expanded its business scope to include manufacturing, processing, and selling aluminium products, laying the groundwork for an absorption merger with its subsidiary, Dongil Aluminum. This merger, sought by minority shareholders, aligns with DI's strategic direction in the aluminium sector. Image Source: DI Dongil website At DI's regular general meeting of shareholders, held on the 28th at the Textile Centre Building in Gangnam, Seoul, the proposal to amend the articles of incorporation to reflect this expansion received strong backing, securing 80.25 per cent approval from shareholders. DI primarily manufactures textile materials, while its subsidiary, Dongil Aluminum, along with DI System, manages the aluminium business. The recent expansion of DI's business scope to...
Odisha stands as a testament to resilience and progress. Boasting rich mineral reserves, the state has emerged as a major manufacturing hub in India, supported by a dynamic industrial ecosystem. At the heart of this growth lies Odisha's thriving metals and mining sector, playing a pivotal role in the state's ascent. Regarding the metals and mining sector, Vedanta's unwavering confidence in Odisha's vast potential is reflected in its significant presence and status as the state's largest investor, with a cumulative investment of INR 1,00,000 crores ((US$11.55 billion) — the company's largest global investment. Vedanta Aluminium CEO Shri Gupta added, "Our latest investment of INR 1 lakh crore is a testament to our enduring belief in the state's potential to lead India's industrial...
Are you one of those who wish to literally carry their home with them when they travel? Alumivan, an Arizona-based campervan builder, has recently launched its latest camper Van, the Reverie 136" and the Reverie 159", with a luxurious interior and design with all the credit to aluminium. Image source: Alumivan We are well aware that the majority of the campervans are made of wood, but this company has completely changed our outlook by using aluminium as the key component in the construction process. Moreover, the company believes in maintaining a rock-solid body with high excellence in look, which is significantly possible with the effective use of aluminium. Why so? Aluminium helps in maintaining that sturdy strength and look of the campervan. Moreover, for having a luxury home on...
ISA Yachts, a brand of Palumbo Superyachts, has announced the construction of its much-awaited 45-metre Granturismo series. This will be the third unit of the flawless series where the hull and superstructure were recently joined at the shipyard's Ancona facility. Sold to a European buyer in 2024, the all-aluminium yacht is set for delivery in 2026. Its exterior and interior design are the work of Team For Design - Enrico Gobbi, while the in-house team handled the naval architecture. Initially resembling its sisterships, including I AM (formerly UV II) — a finalist at the 2024 BOAT International Design & Innovation Awards — the yacht has undergone substantial customisation to meet the owner's specific preferences. The yacht's stern has been redesigned to feature "three levels of...
On March 30, 2025, a UK recycling facility adopted Redwave XRF sorting machines to improve aluminium separation. With this initiative, the business aims to improve the efficiency and purity of recycled aluminium, reducing waste and contamination. Source: Redwave The upgrade enables efficient processing of zorba, WEEE, used beverage cans, incinerator bottom ash and mixed metal fractions. Redwave XRF sorting machines use X-ray fluorescence to identify and separate metals based on their elemental composition. Previously, aluminium separation relied on identifying accompanying elements like copper or zinc, making alloy sorting difficult. The new system accurately distinguishes aluminium alloys, ensuring better material classification and purity. The technology allows precise sorting of...
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Greek company Katheris S.A. has announced on Instagram the installation of Greece’s first solar panel recycling machine unit in Heraklion, Crete. This initiative aims to tackle the growing challenge of photovoltaic (PV) waste, which consists of discarded solar panels that contain metals like glass, aluminium, and other components. As per the reports, the recycling unit systematically processes the panels, shreds them carefully, and separates materials such as glass, aluminium, and other components. Reports by Balkan Green Energy News states that PV waste is projected to account for 4 per cent to 14 per cent of the total electricity production capacity by 2030, with volumes potentially reaching 60 to 80 million tonnes by 2050. “Our aim is to initiate the public into the mentality of...
In the heart of Odisha’s Kalahandi district, a storm brews over bauxite mining — a saga intertwining corporate ambitions, tribal rights, and the promise of progress. Recently, a full-page advertisement appeared in the leading Odisha dailies, championing bauxite mining in Kalahandi. The ad, purportedly from the Lanjigarh Anchalika Bikash Parishad, linked mining to tribal welfare and regional development. However, observers suspect Vedanta’s influence behind this message, given the company’s vested interests in the area. Image source: https://m.rediff.com/ Vedanta’s presence in Kalahandi has been contentious. In 2003, the Odisha government signed an MoU with Vedanta Aluminium Limited to establish an alumina refinery and bauxite mining plant in the Niyamgiri hills, the land which is also...
State-owned aluminium producer PT Indonesia Asahan Aluminium (Inalum) plans to finalise the feasibility study and make a final investment decision (FID) for the second phase of its smelter-grade alumina refinery (SGAR) in Mempawah, West Kalimantan, within this year. These documents will serve as the basis for commencing the engineering, procurement, and construction (EPC) processes. Inalum had previously targeted completing both documents by the end of 2024 and starting construction within the same year. Inalum and state-owned miner PT Aneka Tambang (Antam) has completed the first phase of the smelter-grade alumina refinery (SGAR) in Mempawah, West Kalimantan, with plans for the smelter to achieve full operation shortly after the end of the first quarter this year. The initial phase is...
India’s aluminium production experienced a modest uptick during the April to February period of the financial year 2024-2025, recording a 0.9 per cent increase to reach 38.36 lakh tonnes (3.836 million tonnes), compared to 38 lakh tonnes (3.8 million tonnes) in the same period the previous year, according to provisional data from the Ministry of Mines. This incremental growth echoes the more comprehensive tendencies in India’s mineral production. For instance, iron ore production rose by 4.4 per cent to 263 million tonnes from 252 million tonnes. In comparison, manganese ore production saw a 12.8 per cent increase to 3.4 million tonnes from 3 million tonnes during the same period. Bauxite production, crucial for aluminium manufacturing, also grew by 3.6 per cent to 22.7 million tonnes, up...
From a single plant in Siberia to a global aluminium powerhouse, RUSAL's 25-year journey is a story of bold vision, technological excellence, and enduring commitment to sustainable development. In 1994, amid the deep crisis in Russia's industrial sector, a transformation quietly began at the Sayanogorsk Aluminium Plant. Under the leadership of Oleg Deripaska, a clear strategy of modernization, accountability, and long-term vision was implemented. Within just three years, the plant not only became an industry benchmark but laid the foundation for what would become one of the world's leading aluminium producers. From regional roots to global integration (1997–2007) In 1997, the creation of Siberian Aluminium marked the beginning of a vertically integrated structure, with production...
The demerger date for Vedanta is now set for September 30 instead of March 31. In an exchange filing on Friday, March 28, the Anil Agarwal-led company announced that the deadline had been extended due to pending approvals from the National Company Law Tribunal (NCLT) and other government bodies, expected to be received by April. If the plan is implemented in September, it will mark the completion of a two-year cycle since its announcement in September 2023, when the proposed scheme was demerging the company's business units into six independent entities to secure big-ticket investments for each newly formed organisation. By September 2024, Vedanta had already received some key approvals from the Bombay Stock Exchange, the National Stock Exchange, and NCLT . However, a few months later, in...
New York Yankees’ Jazz Chisholm Jr. has teamed up with Once Upon a Coconut as its newest brand ambassador. The partnership, announced in New York, reflects the brand’s commitment to premium hydration and sustainability. Chisholm's dynamic presence on the field aligns with the company’s vision of promoting healthier beverage choices. The collaboration places a strong emphasis on eco-conscious packaging. The brand uses aluminium cans to ensure product freshness while supporting recyclability. Aluminium’s lightweight and durable properties make it a preferred choice for reducing plastic waste in the beverage industry. Beyond aluminium, the product also stands out for its broader sustainability efforts. The brand sources high-quality coconuts and prioritises environmentally responsible...
eFactor3, a leading provider of advanced recycling solutions, proudly brings the AirStar® Evolution by Westeria to the US market. This state-of-the-art windsifting technology redefines material separation, offering unparalleled efficiency, flexibility, and sustainability. Image Source: eFactor3 Manufactured by Westeria, a German leader with over 60 years of expertise in recycling equipment, the AirStar® Evolution has been meticulously redesigned to meet the needs of modern recycling and waste processing facilities. Now available in the U.S. through eFactor3, this advanced technology provides a turnkey solution for companies seeking to improve sorting efficiency, minimise energy consumption, and streamline operations. At the heart of the AirStar® evolution lies the innovative NotusAir air...
In 2024, the European Union (EU) found itself tussling with a significant trade deficit of EUR 11.1 billion in aluminium and related articles. This figure emerged from imports totalling EUR 29.5 billion, overshadowing exports valued at EUR 18.4 billion. Since 2019, imports have surged by 29.9 per cent (EUR 6.8 billion), while exports have seen a 21.3 per cent (EUR 3.2 billion) rise. Interestingly, these monetary increases occurred despite a slight decline in the physical weight of exports by 1.7 per cent and imports by 6.2 per cent, indicating that rising prices primarily drove the value uptick. Information and Image credit: Eurostat Norway and China lead in imports and UK in export Delving into the origins of these imports, Norway and China emerged as the EU's top suppliers in 2024....
