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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Crystal IS, a subsidiary of Asahi Kasei has achieved a significant milestone in advanced material technology with the serial production of 100 mm diameter single-crystal aluminium nitride (AlN) substrates. These substrates boast a remarkable 99 per cent usable area, aligning with the current stringent requirements for UVC LEDs. Aluminium nitride, known for its ultra-wide bandgap and high thermal conductivity, is pivotal in enhancing the reliability and performance of UVC LEDs. This breakthrough promises to advance UVC LED technology and hold potential benefits for next-generation RF and power devices, marking a notable step forward in the field of electronic materials. Eoin Connolly, the President and CEO of Crystal IS stated, “The improvement of our large diameter substrate quality over...
The previous trading day, LME aluminium opened at US$2,541.5 per tonne, reached a high of US$2,581.5 per tonne, a low of US$2,520 per tonne, and closed at US$2,569 per tonne, up US$25 per tonne, or 0.98 per cent. On Wednesday, June 12, both LME aluminium cash bid price and LME aluminium official settlement price inched up by US$1 per tonne or 0.04 per cent to clock at US$2,475.50 per tonne and US$2,476 per tonne. As per the LME data, 3-month bid price and 3-month offer price dipped by US$4 per tonne or 0.15 per cent to peg at US$2,529 per tonne and US$2,530 per tonne. December 25 bid price and December 25 offer price moved down by US$6 per tonne or 0.22 per cent to settle at US$2,652 per tonne and US$2,657 per tonne. LME aluminium opening stock came in at 1092550 tonnes. Live warrants and...
ANDRITZ, an international technology group, has successfully delivered, installed, and commenced operations of a new continuous surface treatment line along with an integrated wastewater treatment plant at AMAG rolling GmbH in Ranshofen, Austria. This advanced installation, distinguished by its exclusively electric heating system and sophisticated digitalisation, bolsters AMAG’s reputation as a premier specialist in high-quality aluminium surfaces and aligns with the Company’s sustainability objectives. Constructed on a greenfield site, the 115-meter-long facility is equipped with ANDRITZ’s cutting-edge technology, including a highly efficient spray pickling system. This system allows AMAG to perform superior surface treatments on a diverse range of hot-rolled and cold-rolled aluminium...
According to the International Aluminium Institute (IAI), North America’s primary aluminium production dwindled over a month in April 2024 but did not shy away from recording an annual hike. Total production in the four months of 2024 also increased on an annual basis, indicating an overall positive trend of operation at North American smelters. As per the data revealed by IAI, primary aluminium production in North America during April 2024 amounted to 331,000 tonnes, reflecting a fall of 2.93 per cent or 10,000 tonnes from 341,000 tonnes a month ago. However, on a year-on-year calculation, the output stood at 11,000 tonnes or 3.44 per cent higher compared to 320,000 tonnes. From January to April 2024, North America produced 1.329 million tonnes of primary aluminium, which marked an...
Ian Sandmæl, co-founder and product designer at Oyster Performance Cooler, aimed to create a modern cool box using sustainable and recyclable materials like aluminium. He prioritised ensuring the box was lightweight and provided significantly better insulation, which is when the Oyster Tempo Cooler was developed featuring Speira’s VERSA 8006 aluminium solution. Touted as the world's first performance cooler, the VERSA 8006 aluminium solution played a decisive factor in its production. He identified vacuum insulation technology as the key to achieving superior cooling performance. However, developing and producing a vacuum-insulated cool box for food and drinks presented several practical challenges.Only aluminium possessed the necessary properties to meet these demands. After six years of...
National Aluminium Company Limited (NALCO) reduced its aluminium prices with effect from Saturday, June 8, in line with the downtrend of the LME aluminium benchmark price. The company trimmed its aluminium ingot price by INR 3,500 per tonne or 1.35 per cent on June 8 from INR 254,950-258,450 per tonne on June 1. Thus, the current price of NALCO’s aluminium ingot price stands at INR 251,450-254,950 per tonne. NALCO also reduced its aluminium wire rod price and aluminium billets price by INR 3,500 per tonne, with effect from June 8. That brought the prices at INR 260,450-264,800 per tonne and INR 255,900-258,550 per tonne, respectively, versus INR 259,400-262,050 per tonne and INR 263,950-268,300 per tonne. Like any other Indian aluminium companies, NALCO links its aluminium prices with the...
According to the Shanghai Metals Market survey, China's metallurgical-grade alumina production in May 2024 (31 calendar days) recorded a monthly hike of 4.64 per cent, reaching 6.989 million tonnes versus 6.679 million tonnes. The daily average output stood at 233,000 tonnes per day, reflecting an increase of 4.67 per cent from 222,600 tonnes in April 2024. The accumulated production of China's metallurgical-grade alumina from January to May 2024 amounted to 33.451 million tonnes, up 3.42 per cent Y-o-Y. At the end of May 2024, China's alumina capacity was 100 million tonnes, with an operating capacity of 82.29 million tonnes and an operating rate of 82.3 per cent. In April 2024, China's operating capacity was 81.27 million tonnes, with an average operating rate of 81.3 per cent. Alumina...
Alia Yachts, situated in Antalya, Turkey, proudly announces the completion of its latest masterpiece: SAN, a bespoke, all-aluminium, 45-meter motor yacht. Following a series of successful sea trials, the vessel is slated for delivery to her eager owners this June. Anticipation is high as SAN prepares to make her global debut at the prestigious 2024 Monaco Yacht Show. "SAN is a striking and innovative boat that highlights our strengths as a truly custom builder. It's projects like this that attract the best clients from all over the world," stated Alia President Gökhan Çelik. With collaborative expertise from Sinot Yacht Architecture & Design for exterior and interior styling, coupled with the naval architecture finesse of Lateral Naval Architects, SAN prioritizes outdoor socialization...
Research carried out by AZ Global shows that aluminium consumption grew strongly in the first four months of this year. Our research indicates a growth rate of 6 per cent globally. In terms of major regions, Asia has the highest consumption growth rate. From January to April 2024, Asia's primary aluminium consumption was 18.1 million tonnes, an increase of 8.1 per cent year-on-year. The growth was mainly concentrated in China, Thailand and India. Europe and North America ranked second and third in total consumption, with annual primary aluminium consumption of 2.7 million tonnes and 2.0 million tonnes, respectively. The consumption growth rate declined by 1.21 per cent and 1 per cent, respectively, mainly dragged down by countries such as Germany, Turkey, and Mexico. From January to...
According to Technavio, the global beverage can market is projected to grow by $5.24 billion from 2024 to 2028, with an estimated CAGR of over 2.79 per cent during this period. The ready-to-drink (RTD) coffee and tea market has seen substantial growth, driven by increasing health consciousness and rising disposable incomes. Fuelling demand for the beverage cans market Millennials, in particular, are fuelling demand for these instant energy drinks. Metal cans like aluminium, steel, have become a favoured packaging option for RTD coffee and tea brands such as Starbucks and Stumptown Coffee Roasters. This trend is expected to significantly boost the global beverage can market during the forecast period. The beverage can market is witnessing significant growth, propelled by the rising...
As of June 12, 2024, China’s latest aluminum price data reveals minor movements across the market. According to the Sanghai Metals Market (SMM), A00 aluminum ingot price has experienced a drop of RMB 20 per tonne followed by a plunge of RMB 360 per tonne on the previous day, settling at RMB 20,790 per tonne. The latest downfall in China’s domestic A00 aluminum ingot price has demonstrated a week-on-week decline of RMB 280 per tonne from RMB 21,070. This drastic decline in one week suggests a cautious market. The average range for aluminum ingot is between RMB 20,770-20,810 per tonne, with a spot contract to be offered at a discount price of RMB (-50)-(-10) per tonne. Aluminum ingot price in Foshan is at RMB 20,650, averaging between RMB 20,630 and 20,760, showing a decrease of RMB 40 per...
The previous trading day, LME aluminium opened at US$2,575.5 per tonne, reached a high of US$2,589 per tonne, a low of US$2,529 per tonne, and closed at US$2,544 per tonne, down US$38 per tonne, a drop of 1.47 per cent. On Tuesday, June 11, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$40 per tonne or 1.59 per cent and US$40.5 per tonne or 1.61 per cent to clock at US$2,474.50 per tonne and US$2,475 per tonne. 3-month bid price and 3-month offer price also slumped by US$41 per tonne or 1.59 per cent to dock at US$2,533 per tonne and US$2,534 per tonne. December 25 bid price and December 25 offer price dropped by US$25 per tonne or 0.93 per cent to settle at US$2,658 per tonne and US$2,663 per tonne. LME aluminium opening stock came in at...
The United States has expanded its list of companies barred from importing goods into the country due to alleged involvement in forced labour practices associated with the Uygur population in China, as reported by the South China Morning Post. According to a notice published online by the US Department of Homeland Security (DHS) on June 11, 2024, the latest additions include Dongguan Oasis Shoes Co, a shoe manufacturer; Xinjiang Shenhuo Coal and Electricity Co, a producer of electrolytic aluminium; and Shandong Meijia Group Co, also known as Rizhao Meijia Group, a food processing company. This action underscores the US government's ongoing commitment to addressing human rights abuses and labour exploitation in global supply chains. The inclusion of these firms reflects heightened scrutiny...
In collaboration with Wema Bank, the pioneer of Africa's first fully digital bank, TLG Capital, a private investment firm, has reportedly confirmed a structured private credit facility worth $10 million for one of the largest aluminium recyclers in Nigeria. According to TLG Capital, this investment will build Nigeria's most significant and first industrial-scale aluminium recycling facility. However, the identity of the fund's recipient is not being disclosed by TLG. The recycling facility, once operational, is poised to make a significant environmental impact. It is projected to reduce the carbon footprint over the next five years, equivalent to removing 100,000 passenger vehicles off the road. In comparison to solar PV energy in the region, this initiative is expected to deliver twelve...
A partnership that began in 2023 has finally yielded results this year. Hydro, the Norwegian aluminium and renewable energy company, joined forces with London-based bicycle manufacturer Brompton to incorporate Hydro's low-carbon aluminium into Brompton's bicycle lineup. Finally, in 2024, Brompton utilised Hydro's CIRCAL 100R in its bicycle rims. This innovative move brought bicycle wheel rims crafted entirely from 100 per cent post-consumer aluminium scrap to the market. The CIRCAL 100R is a product renowned for its weight reduction benefits, batch-by-batch transparency, and nearly zero CO2 footprints. "We are excited to collaborate with innovative sustainability leaders such as Brompton to develop new low-carbon products that meet consumer expectations. By providing full transparency of...
The latest data revealed by the US Geological Survey indicates a sequential increase in the United States’ aluminium crude metals and alloys imports during the first quarter of 2024. On an annual basis, the imports also recorded an upswing, showed the USGS data. In Q1 2024, the United States imported 911,000 tonnes of aluminium crude metals and alloys, up by 5.81 per cent Q-o-Q from 861,000 tonnes and 1.12 per cent Y-o-Y from 901,000 tonnes. The United States Q1 imports recorded an uptrend, both on a sequential and annual basis, despite a drop in March 2024. In the said month, the United States imports of aluminium crude metals and alloys amounted to 270,000 tonnes, down by 19.48 per cent from 344,000 tonnes in February 2024 and 12.34 per cent less than 316,000 tonnes in March 2023. In...
EEASY Lid, the world's first aluminium lug jar lid developed by Consumer Convenience Technologies (CCT), will be displayed at the KeHE Holiday Show on June 12-13 in Chicago by Chilau Foods. Through a simple button press on the lid, users can effortlessly open vacuum-sealed jars, reducing the required twisting force by up to 50 per cent. This material choice not only enhances sustainability over traditional steel lids but also upholds equal levels of durability. About Chilau Foods At the upcoming KeHE Holiday Show, Chilau Foods, a flourishing brand recognised for its Southern-inspired stew and boil bases, will feature the EEASY Lid. Last year, Chilau Foods collaborated with CCT to incorporate the EEASY Lid into its product line, elevating customer accessibility. "Accessibility should not...
We are thrilled to announce the launch of AL Circle's newest e-Magazine edition, " Aluminium Extrusions: Shaping the Future ." This publication dives deep into the innovative world of aluminium extrusions, exploring how this versatile material is revolutionising industries and shaping the future of manufacturing. Aluminium extrusions have long been at the forefront of innovation, offering a wide array of benefits ranging from lightweight durability to exceptional flexibility in design. In this publication, we uncover the latest advancements and trends in aluminium extrusion technology, showcasing how it is being utilised across various sectors. What sets this edition apart is its comprehensive coverage of the cutting-edge techniques and applications driving the industry forward. From the...
