Novelis is cutting roughly one-third of its workforce at its Kingston, Ontario, aluminium facility, with the company citing the impact of US tariffs on aluminium imported from Canada. The company is reducing its salaried workforce by 10 employees and temporarily laying off approximately 70 hourly workers, according to a statement issued by Novelis on Friday, September 18. The cuts affect roughly one-third of the facility's workforce. “These are difficult decisions that affect our colleagues and their families, and we are supporting those impacted through this transition,” Novelis said. Novelis pointed to the Section 232 duties imposed by the US on aluminium imported from Canada as the reason behind the workforce reduction. To know the global production, demand and consumption forecasts of...
Saudi Arabia’s aluminium consumption could climb to as much as 1.8 million tonnes a year by 2030, as the Kingdom ramps up infrastructure and industrial development ahead of the 2034 FIFA World Cup. Ahmad Al-Alshaikh, executive vice president of Maaden’s Aluminum Business Unit, said demand is expected to reach at least 1.6 million tonnes annually by 2030, up from around 1 million tonnes currently. Consumption could potentially double over the next five to seven years, he said. Speaking on the sidelines of the Fastmarkets International Aluminium Conference in Budapest, Al-Alshaikh said construction of 15 new stadiums for the football tournament is helping to support aluminium demand, Reuters reported. Major exhibitions and preparations for the World Cup are also expected to contribute to...
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Guinea has just made a move that could send tremors through global commodity corridors, cancelling from 50 plus to 129 mineral exploration permits in a single sweep. No clarifications. No negotiations. Just a decree from the military-led government aimed at “tightening control” over the West African nation’s mineral treasure trove. A senior official at the Ministry of Mines said the move was to free unused resources for other more potent investors. “We’ve simplified it by digitising the whole system, which can now be better controlled,” the official has disclosed to Reuters, speaking on condition of anonymity. If you think this is just another bureaucratic reshuffle, think again. This is Guinea signalling that it’s done playing host to dormant licences and absentee investors. The...
Futures Market: Overnight, the most-traded SHFE aluminium 2507 contract opened at RMB 20,165 per tonne, with a high of RMB 20,205 per tonne, a low of RMB 20,130 per tonne, and closed at RMB 20,180 per tonne, up RMB 140 per tonne or 0.70 per cent from the previous close. LME aluminium opened at USD 2,465.5 per tonne yesterday, with a high of USD 2,488.5 per tonne, a low of USD 2,442.5 per tonne, and closed at USD 2,483 per tonne, up USD 17 per tonne or 0.69 per cent. Image source: https://www.alufair.com/ Macro : (1) The EU is seeking to accelerate trade negotiations with the US, with a focus on key industries, as well as tariff and non-tariff barriers. Trump has expressed appreciation for the EU's proactive stance. (Neutral ★) (2) Neel Kashkari, President of the Federal Reserve Bank of...
On Sunday, Turkish authorities announced the initiation of an anti-dumping investigation into the import of specific Chinese-origin products, including solar panel junction boxes, sodium gluconate, and aluminium frames used in photovoltaic (PV) panels. The decision was formalised through the "Communiqués on the Prevention of Unfair Competition in Imports," issued by the Ministry of Trade and published in the Official Gazette, thereby coming into effect. According to the communiqués, the investigation was launched following applications from domestic manufacturers, supported by sufficient information, documentation, and evidence. The principles and procedures guiding the anti-dumping probe into these Chinese-origin products have now been officially established. It was determined that the...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, has entered into a strategic partnership with the National Fire Protection Association® (NFPA®), a global self-funded U.S.-based non-profit organization, dedicated to advancing fire prevention and safety on a global scale for nearly 130 years. The signing ceremony took place between Alba’s Chief Executive Officer Ali Al Baqali and NFPA MENA’s Director of International Business Development Director Eng. Dana Kamal on 12 May 2025, marking the beginning of a three-year strategic collaboration aimed at enhancing knowledge-sharing and exchanging best practices in occupational health, safety, and fire prevention initiatives. Commenting on the partnership, Alba’s CEO Ali Al Baqali stated: “Joining forces with...
In an era where aluminium innovation and sustainability are reshaping India’s construction skyline, Aluwind Infra-Tech Limited has firmly planted its flag as a growth engine with both financial momentum and strategic clarity. The Pune-based fenestration and façade solutions provider reported a stellar 51.59 per cent year-on-year (Y-o-Y) revenue growth in the second half of FY25, backed by expanding operations, rising urban demand and a slew of forward-looking moves that signal its evolution from a project executor to an ecosystem builder. H2 FY25: Robust revenue, strong margins, strategic vision In the second half of FY25, Aluwind clocked INR 6.37 billion (USD 76.7 million) in revenue, up from INR 4.21 billion (USD 50.63 million) in H2 FY24. EBITDA also rose 37.63 per cent to INR 83.47...
The Republic of Singapore, a vibrant island nation and city-state in Southeast Asia, boasts a robust construction industry, driven by government initiatives, technological advancements, and a focus on sustainability. The sector spans commercial, institutional, industrial, and infrastructure projects, positioning Singapore as a regional leader in construction. Moreover, recent investments in renewable energy infrastructure to achieve a solar energy capacity of 2GW by 2030 further bolster the industry's growth in the construction sector. According to market research firms like IMARC Group and Next Move Strategy Consulting, Singapore’s construction market is projected to expand at a compound annual growth rate (CAGR) of 4.2 per cent from 2025 to 2033. Valued at approximately USD 31.18...
The government has reinstated benefits worth ₹18,233 crore ($218.8 million) under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exports carried out by Advance Authorisation holders, Export-Oriented Units (EOUs) and units located in Special Economic Zones (SEZs). This decision marks a significant boost for the aluminium and mining sectors. The move follows formal appeals by key industry bodies, including the Federation of Indian Chambers of Commerce & Industry (FICCI), the Federation of Indian Mineral Industries (FIMI), and the Aluminium Association of India, urging the government to restore the benefits under the scheme. The RoDTEP scheme is aimed at reimbursing exporters for embedded taxes, duties, and levies that are not covered under any other refund...
Today, spot primary aluminium prices fell by RMB 150 per tonne from the previous trading day. SMM A00 spot aluminium closed at RMB 20,200 per tonne. Aluminium scrap market prices followed the decline in aluminium prices but remained at highs overall. With the off-season in June approaching, downstream processing enterprises are experiencing weak order releases, and procurement is mainly driven by immediate needs. Image for referential purposes only Today, the quoted prices for baled UBC aluminium scrap were concentrated in the range of RMB 15,150-15,750 per tonne (tax not included), while the quoted prices for shredded aluminium tense scrap were concentrated in the range of RMB 15,700-17,200 per tonne (tax not included). Regionally, Shanghai, Jiangsu, Henan, Shandong, and other regions...
In the first quarter of 2025, the global electric vehicle (EV) battery market experienced a considerable surge, with total installed capacity reaching 221.8 GWh, which is a 38.8 per cent increase compared to the same period in 2024. Today, we delve into the leading brands and their performance in 2025, which has aided in the surge against all odds. Country-wise, China has shoved South Korea and Japan in the sustainable battery race. China’s battery manufacturers lead the charge Chinese battery manufacturers have solidified their dominance in the global EV battery market: CATL (Contemporary Amperex Technology Co. Limited): Maintained its position as the world’s leading EV battery supplier, with an installed capacity of 84.9 GWh, marking a 40.2 per cent year-over-year increase. CATL’s...
RX, the global powerhouse behind world-class events and the renowned ALUMINIUM exhibition in Düsseldorf, has unveiled an exciting new chapter for the aluminium industry, ALUMINIUM Arabia. Set to make its grand debut at The Arena Riyadh from 27 to 29 April 2026, this landmark event will spotlight the rapid rise of Saudi Arabia's aluminium sector. Recent research reveals that Saudi Arabia's aluminium market is on track to surpass US$3.6 billion by 2034, driven by a robust compound annual growth rate (CAGR) of 4.4 per cent starting in 2025. Forward-looking government policies power this impressive growth focused on localisation, industrial innovation, and major infrastructure development, all of which are propelling the kingdom to the forefront of the global metals and manufacturing arena....
Western Australia is riding a wave of record-breaking growth, with its booming resources sector now employing nearly 136,000 people, the highest number in the state's history. In 2024 alone, the mining industry hit a new milestone, clocking 135,693 on-site full-time equivalent (FTE) roles. That marks an impressive eight years of consecutive employment growth. Adding to the surge, the exploration sector contributed another 4,263 on-site FTE positions, while the petroleum industry brought in 7,870 more. Driving this employment upswing are key commodities like alumina, bauxite, iron ore, gold, lithium, and nickel, each playing a vital role in fuelling both the job market and the economy. Mines and Petroleum Minister David Michael hailed the achievement, noting that Western Australia's...
Futures Market: Overnight, the most-traded alumina 2509 futures contract opened at 3,061 RMB per tonne, with a high of RMB 3,062 per tonne, a low of RMB 2,980 per tonne, and closed at RMB 3,001 per tonne, down RMB 59 per tonne or 1.93 per cent. Open interest stood at 401,000 lots. Image for referential purposes only Ore Market: As of May 26, the SMM Import Bauxite Index was reported at USD 73.33 per tonne, up USD 0.47 per tonne from the previous trading day. The SMM Guinea Bauxite CIF average price was reported at USD 74 per tonne, unchanged from the previous trading day. The SMM Australia Low-Temperature Bauxite CIF average price was reported at USD 70 per tonne, unchanged from the previous trading day. The SMM Australia High-Temperature Bauxite CIF average price was reported at USD 65...
The Shanghai Futures Exchange (SHFE) is set to enter China's recycled metal futures market with the introduction of cast aluminium alloy futures and options. As reported on May 26, 2025, the exchange has secured approval from the China Securities Regulatory Commission for this launch. The move is viewed as a long-term strategic initiative aimed at benefiting the global market by improving access to China’s cast aluminium alloy futures and options. China is the world’s largest producer and consumer of cast aluminium alloy, with an annual production capacity of about 13 million tonnes. According to the data from the China Nonferrous Metals Industry Association, China’s actual production of cast aluminium alloy in 2024 was 6.2 million tonnes, and an apparent consumption was 6.73 million...
Jiangsu Zhongji Lamination Materials Co., Ltd has achieved ASI Chain of Custody (CoC) Standard V2 (2022) Certification for their Anhui Maximum Aluminium Industries Co., Ltd. facility, located in Anhui, China. The facility attained ASI Performance Standard V3 (2022) Certification (Provisional) in March 2025. Aluminium Stewardship Initiative (ASI) today announced that Anhui Maximum Aluminium Industries Co., Ltd. has been successfully certified against the ASI CoC Standard V2 (2022). The facility specialises in producing aluminium plate strips through casting, rolling and cold rolling processes, with an annual production capacity of 60,000 tonnes. The ASI CoC Standard V2 sets out requirements for the creation of a Chain of Custody for material that is produced and processed through the value...
PATH’s latest drop, the MUSA Bottle, isn’t just a tribute to American pride; it’s a limited-edition aluminium marvel that ticks every box for the eco-conscious patriot. Produced, filled, and shipped entirely within the United States, the bottle doesn’t just hydrate; it helps support domestic manufacturing jobs and cuts down on the carbon costs of international shipping. KLYR Rum, a Pennsylvania-based distillery, has unveiled a limited-edition bottle that transforms into an American flag, a bold statement of patriotism and innovation in the spirits industry. This release aligns with a growing trend of brands embracing patriotic packaging to resonate with consumers’ national pride. Distilled 12 times and filtered 18 times, KLYR Rum offers a clean, gluten-free spirit with zero sugar and...
That’s the quiet revolution behind the latest HackberryPi CM5 — a thinner, aluminium-enclosed single-board computer designed by open-source innovator Zitao Liu. It’s not just a cosmetic facelift. This redesign aims to fix what Raspberry Pi users have griped about for years: thermal throttling, limited onboard connectivity, and, yes, the boxy plastic shells. Image for representational purposes only (source: https://www.hackster.io/) Unveiled on Hackster.io, the new HackberryPi CM5 shrinks the footprint but upgrades the muscle. It retains compatibility with Raspberry Pi Compute Module 4 (CM4) standards but wraps it in a machined aluminium chassis that doubles as a heatsink. “The thinner form factor and the full-aluminium body improve thermal dissipation while reducing bulk,” notes Zitao....
In a quiet alley in Fukuoka’s Minami Ward, what began as a routine garbage patrol turned into a tense showdown. “You’re not allowed to take that!” howled a Fukuoka city employee, catching a man red-handed with a bag of non-burnable waste stuffed with aluminium cans. The man lunged, shoving the official and trying to flee in a small car. After a brief scuffle, two city workers managed to pin him down and hand him over to the police. His backseat? Crammed with five bags of stolen aluminium cans. This wasn’t his first offence. The man, in his 20s, had already received three warnings, both written and verbal. But the lure of aluminium had proven too strong. From trash to treasure Aluminium theft in Japan is no longer a petty nuisance. It is becoming an organised, nationwide problem. In...
According to customs data, China's aluminium extrusion (HS codes 76041010, 76041090, 76042100, 76.0429 million, and 76.043 million) exports reached 70,800 tonnes in April 2025, down 18.39 per cent Y-o-Y and slightly down 1.47 per cent M-o-M. Observing the regional distribution of exports, Guangdong continued to maintain an absolute leading position, accounting for 50.67 per cent of monthly exports, with Shandong (11.96 per cent) and Jiangsu (6.90 per cent) ranking second and third, respectively. Notably, according to an SMM survey, some enterprises in Shandong reported increased orders for integrated export projects in cooperation with Middle Eastern developers during the month, effectively supporting exports of building materials. The pattern of export destinations in April remained...
