Trimet has reduced direct carbon dioxide (CO2) emissions at its aluminium recycling plant in Gelsenkirchen, Germany, by 25 per cent, saving approximately 4,000 tonnes annually through a transition to hydrogen-rich coke oven gas. The new energy supply system, commissioned on October 29, 2026, will power the site's melting furnaces using industrial gas containing more than 60 per cent hydrogen. The coke oven gas is sourced from ArcelorMittal's coking plant in neighbouring Bottrop and supplied to Trimet through Uniper Energy Sales via the existing gas pipeline network. A new supply line, approximately 700 metres long, was installed to connect the recycling facility at Gelsenkirchen's inland port to the network. According to Trimet, coke oven gas generates lower CO2 emissions during...
Investor sentiment towards aluminium has turned increasingly bearish, but analysts believe the market may be underestimating the metal's underlying strength. Despite growing pessimism, resilient demand and historically low inventories could support higher prices, with analysts forecasting aluminium to reach USD 3,625 per tonne in 2027. Discussions with market participants have pointed to unusually negative sentiment towards the metal. However, analysts argue that the underlying supply-demand fundamentals paint a more constructive picture, challenging the prevailing pessimism surrounding the aluminium market. Their assessment follows Norsk Hydro's third-quarter financial results, which showed stronger earnings compared with the previous year but fell short of market expectations. The...
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On the previous trading day, LME aluminium opened at US$2,495 per tonne, reached a high of US$2,520 per tonne, a low of US$2,484 per tonne, and closed at US$2,489.5 per tonne, down US$6 per tonne, a decrease of 0.24 per cent. On Wednesday, June 19, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$17.5 per tonne or 0.72 per cent to clock at US$2,444.50 per tonne and US$2,445 per tonne. This rise was driven by short covering after recent declines caused by disappointing industrial output figures from China. As per the LME price graph, both 3-month bid price and 3-month offer price gained US$21 per tonne or 0.86 per cent and US$20 per tonne or 0.80 per cent to halt at US$2,502 per tonne and US$2,503 per tonne. On the same day, December 25 bid price...
Have you blocked your calendar for Asia's biggest trade show for the aluminium industry and its ancillary sectors? Yes, we mean Aluminium China, and if you're yet to plan for it, here's a gentle reminder! Aluminium China, bringing industry stalwarts under one roof, is set to occur on July 3-5, 2024, at the Shanghai New International Expo Center. As a Media Partner of the event, AL Circle is thrilled to say that Aluminium China 2024 will be nothing less than a star-studded show with the graceful presence of global aluminium companies located within or outside China. About exhibitors From primary aluminium producers to semi-fabricated manufacturers, from technology providers to industry associates, Aluminium China 2024 will accommodate about 600 domestic and international exhibitors. Among...
The Chinese domestic alumina market has consolidated recently at a high level. Prices remain up around RMB3800/tonne, almost RMB1000 above where they were just a few weeks ago. There's little chance of prices going down, as demand is still strong and supply lines are still struggling. Imported ore is coming in at record levels, but domestic ore supply is still struggling. As well, a small handful of refineries has been running at reduced capacity while performing maintenance. The spot alumina market, which admittedly is not a major part of the picture, has been running very thin recently. In the meantime, the Shanghai index is starting to get some solid inventory numbers to back it up. Thanks to Ecolab for the use of this image.
Tuffman Equipment was acquired by General Kinematics in 2018 as part of its strategic move to enhance recycling systems. This acquisition aimed to diversify and expand General Kinematic's (GK) equipment offerings, particularly in the recycling sector. After the acquisition, General Kinematics evaluated and upgraded Tuffman's screens and conveyors to align with what a GK executive proudly refers to as "the GK standard." The enhanced robustness of the Tuffman line has significantly reduced downtime for recyclers handling metal and construction and demolition (C&D) materials. This improvement is a testament to General Kinematics' commitment to providing high-performance and reliable recycling solutions. Thanks to the upgraded Tuffman line, recyclers can now enjoy more efficient and...
In line with global efforts to combat climate change, the European Union has introduced a significant measure—the Carbon Border Adjustment Mechanism (CBAM), designed to regulate the import of carbon-intensive products, such as aluminium, by charging a tariff based on the emissions produced during their manufacturing. This tariff currently applies to six product categories – aluminium, iron and steel, hydrogen, electricity, cement, and fertiliser, irrespective of the product’s origin. The CBAM is set to come into effect in January 2026. In preparation, the European Union has already begun requesting reports on the carbon emissions of goods exported to the EU. India’s leading stainless steel producer, Jindal Stainless Limited, is taking proactive steps to reduce carbon emissions and...
The latest Shanghai Metals Market (SMM) data reveals a mixed scenario in the aluminium market with today’s price for A00 aluminium ingot showing a slight rise of RMB 50 per tonne to RMB 20,400 per tonnes . The average prices are estimated to range between RMB 20,380 per tonne and RMB 20,420 per tonne, with spot contract to be traded at a discount price of RMB 60-20 per tonne. However, a broader analysis over the past month and even weekly trend indicates a continuing downward track in prices . One of the primary reasons for the decline in aluminium prices is the weak purchase sentiment across China due to a traditional off-season and a massive 2-year hike in primary aluminium production to approximately 3.65 million tonnes. As of June 19, 2024, A00 aluminium ingot price has also increased...
In an important step towards modernising agricultural education, the Jamaica Bauxite Institute (JBI) and Papine High School have signed a Memorandum of Understanding (MOU), allowing the school to use a greenhouse for the school's agriculture program. The signing ceremony took place recently at the JBI headquarters in St. Andrew, where the greenhouse is located. This collaborative effort is designed to empower students with cutting-edge greenhouse growing techniques, aligning their skills with the dynamic needs of the modern agricultural sector. The JBI, in its commitment, will provide technical guidance, seedlings, and other essential resources to support the program. The maintenance and upkeep of the greenhouse will be a shared responsibility between the two entities, ensuring a hands-on...
On Tuesday, June 17, LME aluminium opened at US$2,508 per tonne, reached a high of US$2,520 per tonne, a low of US$2,470 per tonne, and closed at US$2,495.50 per tonne, down US$12 per tonne, a decrease of 0.48 per cent. On Tuesday, June 18, LME aluminium cash bid price and LME aluminium official settlement price increased by US$7.50 per tonne and US$7 per tonne, following a steep fall on the earlier day influenced by low consumption of metal in the Chinese market due to off-season. The LME prices on Tuesday stood at US$2,427 per tonne and US$2,427.50 per tonne. Conversely, on the same day, 3-month bid price and 3-month offer price unanimously dropped by US$4 per tonne to stand at US$2,481 per tonne and US$2,483 per tonne, respectively. December-25 bid price and December-25 offer price, on...
In the upcoming free trade deal negotiations with the European Union, India is set to request a three-year exemption for its micro, small, and medium enterprises (MSMEs) from a proposed mandatory tariff on carbon-intensive imports. Two sources familiar with the matter disclosed this stance, underscoring India's ongoing resistance to the carbon tariff, which it also opposed at the World Trade Organisation's ministerial meeting in Abu Dhabi earlier this year, as reported by Mint. The eighth round of free trade agreement (FTA) discussions is scheduled to take place in Brussels from June 24 to 28, 2024. During these talks, India plans to reiterate its concerns and seek relief for its MSMEs, which it argues would be disproportionately affected by the imposition of the carbon tariff. The...
Aluminium Stewardship Initiative has successfully acknowledged HMT Höfer Metall Technik GmbH & Co. KG (HMT) with Performance Standard V3 (2022) Certification for responsibly producing low-carbon emission aluminium profiles. Part of the Höfer group, HMT is a Germany-based, high-tech aluminium extrusion plant that manufactures semi-finished aluminium products. The extrusion plant is specialised in producing aluminium profiles. It produces up to thirty tonnes of aluminium billets daily, leveraging two fully automatic extrusion lines. The facility's processes include sawing, stamping, drilling, milling, and joining, with products serving the automotive and construction industries, amongst other sectors. HMT's commitment to responsible production was put to the test through a rigorous,...
Colleagues from Every Can Counts are gearing up for the upcoming Red Bull Soapbox Race on Saturday, June 22nd, at Alexandra Palace. With the aim to draw attention towards the topic of recycling and how aluminium plays a vital role in it, Every Can Counts will be competing against 55 other teams with its one-of-a-kind soapbox cart. Tom Giddings to sport aluminium cans suit Dubbed "Chitty Chitty Can Can" through a public poll on social media, their soapbox resembles a recycling collection truck with a stylish twist. Resembling a recycling collection truck with a style twist, their soapbox is a sight to behold. It boasts a striking paint job, chrome engine pipes, and a plush fur interior, all designed to make it a standout on the track. Every Can Counts has left no stone unturned to ensure...
According to the Shanghai Metals Market survey in early June, the accumulated inventory of alumina at aluminium smelters across China stood at 2.8815 million tonnes. The number of days of in-plant alumina stocks at Chinese aluminium smelters in early June was 12.78 days, considering that the national aluminium output was 3.632 million tonnes in May, with a daily output of 117,200 tonnes. Alumina stocks at smelters, region-wise In the Northwest Chinese regions, such as Ningxia, Qinghai, Gansu, and Xinjiang, some aluminium smelters had considerable alumina orders to deliver, which led to lower in-plant alumina inventories. Meanwhile, some smelters in the regions encountered a sluggish buying sentiment, leading to relatively stable inventory levels. Thus, the average days of in-plant alumina...
Powys County Council has launched a new campaign to boost kerbside recycling rates by encouraging households to recycle their metal packaging. This includes items such as food and drink cans, aluminium foil and trays, empty aerosols, and metal screw tops. The 'MetalMatters' programme, led by the Aluminium Packaging Recycling Organisation (Alupro), aims to spread awareness about the benefits of metal recycling through targeted social media and digital messaging, school visits, and community outreach initiatives. Starting in June, the six-week campaign aims to engage with the majority of Powys' 67,000+ households. Since its inception in 2012, over 121 local authorities have implemented MetalMatters, leading to improved recycling rates. As per AL Circle’s report, titled ‘Aluminium Foil and...
The Deputy Premier of the Malaysian state of Sarawak, Datuk Amar Awang Tengah Ali Hasan, recently revealed that Sarawak has various valuable minerals estimated to be worth RM1.25 trillion. This discovery highlighted the state's potential to invest substantially in the mining industry and generate considerable economic returns. The high estimated value of these mineral resources positions Sarawak favourably in the global market. Gold, non-radioactive rare earth elements (NR-REE), high-quality silica sand, and bauxite are among the minerals identified. Each of these resources plays a crucial role in various high-demand industries, from technology to construction. Global demand for these minerals clearly indicates the potential for Sarawak's economic growth and development. A report...
Indian auto components manufacturer Rockman Industries has grown into a globally acclaimed supplier of high-quality automotive components. Established in 1960 and headquartered in Delhi, the company has been successfully enlisted by AL Biz to its list of 2100+ sellers. Over the years, Rockman Industries has become an industry leader in aluminium die casting, machining, and painted assemblies, serving the needs of esteemed motorcycle manufacturers and automobile OEMs worldwide. Today, Rockman Industries is a trusted name in the production of alloy wheels for two-wheelers and four-wheelers, setting benchmarks for performance and reliability. Rockman Industries specializes in manufacturing a diverse array of mechanical components: Cylinder heads Cylinder blocks Crankcases Crankcase covers...
Swisstek Aluminium Limited, one of the leading commercial and industrial aluminium extrusion profile manufacturers in Sri Lanka, has received due honour for its outstanding managerial and leadership excellence at the “Companies with Great Managers 2023”. A report stated that five employees of Swisstek Aluminium received the honours at a recent event celebrating exemplary leadership across multiple industries. This latest recognition, followed by an award last month for brilliant management practices , exhibits nothing less than its zeal and commitment towards developing a great team of managers capable of driving the business with utmost care and dedication. Out of five coveted honours, two were received under the category Driving Results & Execution Excellence. The recipients were Head...
The Malaysian financial services firm Kenanga Investment Bank Berhad Research has upgraded the building materials sector to an 'Overweight' rating, primarily influenced by its recent reassessment of sector heavyweight Press Metal Aluminium Holdings Bhd. Press Metal Berhad is a Malaysian-based aluminium company with a significant global presence. In a report released on June 18, 2024, the research house highlighted a marked improvement in earnings performance across the sector during the first quarter reporting season. Stocks under its coverage either met or surpassed expectations, prompting an optimistic outlook for the sector. Kenanga Research said, "We expect aluminium prices to stay firm on supply constraints while stable steel prices translate to stable steel product prices, reducing...
The previous trading day, LME aluminium opened at US$2,519.5 per tonne, reached a high of US$2,523.5 per tonne, a low of US$2,476.5 per tonne, and closed at US$2,507.5 per tonne, down US$15.5 per tonne, a decrease of 0.61 per cent. On Monday, June 17, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$45.5 per tonne or 1.84 per cent and 1.82 per cent to clock at US$2,419.50 per tonne and US$2,420 .50 per tonne. As per the LME aluminium price graph, both 3-month bid price and 3-month offer price slumped by US$44 per tonne or 1.73 per cent and US$43 per tonne or 1.69 per cent to peg at US$2,485 per tonne and US$2,487 per tonne. December 25 bid price and December 25 offer price contracted by US$37 per tonne or 1.39 per cent to dock at US$2,618 per...
