Odisha Additional Chief Secretary for Housing and Urban Development and IDCO Chairperson Usha Padhee visited Angul on Saturday to review infrastructure development at the Aluminium Park near NALCO, alongside housing, sanitation and drainage projects. The visit focused on resolving infrastructure bottlenecks, improving civic services and accelerating implementation through coordination among the concerned agencies. During her visit to the Aluminium Park, Padhee held discussions with senior officials from NALCO and the Industrial Infrastructure Development Corporation of Odisha (IDCO), particularly on essential power and water supply requirements. She called for coordinated efforts and time-bound action to address the identified infrastructure issues. Join the fourth edition of webinar "...
ABB has secured two orders from China’s Southwest Aluminum to supply integrated automation and digital technologies for two six-high aluminium cold rolling mills, supporting the manufacturer’s wide-strip production expansion and upgrade. The projects involve a 2,500 mm two-stand mill and a 3,000 mm single-stand mill, with both lines expected to be fully commissioned and operational by the end of 2027. Chongqing-based Southwest Aluminum is a subsidiary of the Aluminum Corporation of China (Chinalco). The orders build on the longstanding cooperation between ABB and the aluminium producer, with the latest projects focusing on process stability, control precision and production performance. Explore insights and forecasts for the aluminium flat rolled products (FRP) market from our...
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In a recent survey, it was established that commodity trader Glencore made significant deliveries of Russian-origin aluminium to London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea. These deliveries shed light on the challenges faced by Rusal, the world's largest aluminium producer outside China, particularly as contracts for 2022 expire and concerns over the source of aluminium mount for 2023 contracts. Glencore's role in the international aluminium industry Glencore, a prominent player in the global commodities market, has been pivotal in the aluminium industry, particularly in its partnership with Rusal. This collaboration involves a long-term contract for the supply of millions of tonnes of aluminium, highlighting Glencore's significant position in the...
Imported aluminium scrap prices in the Indian market have held steady at supportive levels despite a slight dip in LME (London Metal Exchange) prices. The three-month LME price hovered around $2,250 per tonne, marking a marginal decrease of $15 per tonne week-on-week. Stock levels were recorded at 568,525 tonnes, down by 1.2 per cent week-on-week, which had a nominal impact on LME prices. Reports suggest that imported aluminium scrap prices have seen a modest increase of up to 0.9 per cent. Tense scrap from the UAE saw a rise of $10 per tonne, reaching $1,835 per tonne, while Zorba 95/5 from the UK remained steady at $2,040 per tonne CFR Mundra. Reason for the surge in prices The price surge can be attributed to supply constraints in scrap, fuelled by the strong demand from Asian markets....
Leading Norwegian aluminium and renewable energy giant Norsk Hydro has embarked on a long-term power purchase agreement (PPA) with Statkraft through its clean energy division, Hydro Energi AS. The provision for the contract includes the delivery of 1.28 TWh throughout the timespan of May 2024 to 2027. This strategic alliance with Statkraft marks a significant milestone in their quest for sustainability. With a captive power production of 9.4 TWh annually and a formidable long-term contract portfolio of approximately 10 TWh, Norsk Hydro stands tall as a beacon of eco-consciousness in the industry. Key highlights of the partnership The contract, valid from May 1, 2024, to December 31, 2027, ensures delivery in the price area NO3, amplifying Norsk Hydro's influence in the Nordic power...
Aluminium Stewardship Initiative has granted dual certification to Huafeng Aluminum Industry Co., Ltd., a facility of Jiangsu Zhongji Lamination Materials Co., Ltd., for the manufacture of aluminium plate, strip and foil blanks. On Tuesday, March 19, Huafeng Aluminum Industry Co., Ltd. acquired both Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) certification. The facility has an annual production capacity of 50,000 tonnes of aluminium plate, strip and foil blanks, which are particularly used in aluminium foil production and other downstream applications. The ASI certification programme was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium value...
Since early March this year, Longkou City in east China's Shandong Province has embarked on the construction of 21 projects, representing a combined investment of RMB 19.6 billion. Notably, on March 14th, significant progress was observed at the construction site of the high-end lightweight aluminium sheet and strip project within the Nanshan Aviation Material Industrial Park. The primary structure of the steel factory, covering an area of nearly 100 mu, has now taken shape. About the aluminium sheet project Upon its completion by the end of 2025, the high-end lightweight aluminium sheet and strip project is poised to yield an annual output of 200,000 tonnes of lightweight aluminium sheets and strips. These products will encompass a range of critical aluminium alloy materials, including...
Reynaers Aluminium UK, a frontrunner in the aluminium industry, shines brightly as it reiterates its unwavering dedication to environmental stewardship. Garnering recognition from the esteemed United Nations for its pioneering sustainability efforts, Reynaers Group proudly wears the Sustainable Development Goal (SDG) Pioneer label. Let's delve into this inspiring tale of innovation and commitment to a greener future. UN recognition and sustainability strategy In a resounding testament to its commitment, Reynaers Group's comprehensive sustainability strategy, Reynaers Act, has been lauded by the UN. Since 2022, the company has diligently documented its sustainability commitments, particularly focusing on reducing carbon emissions across its operations. This strategic roadmap underscores...
Vedanta Limited has revised its aluminium prices twice in only three days this week. On Tuesday, March 19, 2024, Vedanta increased its aluminium selling prices in line with the LME aluminium price growth on the two previous days, and on March 20, it cut the prices in response to the LME price change. On Tuesday, March 19, Vedanta Limited added INR 1,750 per tonne to its aluminium ingot and product prices in tandem with the LME aluminium price hike by US$19.50 per tonne in two days, during March 15-18. Thus, Vedanta’s aluminium ingot price came in at INR 217,250-223,200 per tonne, and Vedanta’s aluminium billet and wire rod prices stood at INR 224,500 per tonne and INR 224,000-231,500 per tonne, as of Tuesday, March 19. However, soon the next day, Vedanta extracted the same amount of INR...
Capral Aluminium, Australia's foremost manufacturer and distributor of aluminium extrusions, has announced a strategic acquisition that will fortify its position in the market. The company, under the leadership of CEO Tony Dragicevich, has acquired Aluminium Trade Centre (ATC), a distinguished aluminium sales and distribution business based in Victoria. This move is poised to enhance Capral's ability to cater to the needs of manufacturers within Victoria with heightened efficiency and quality products. Capral's CEO, Tony Dragicevich, emphasises the significance of this strategic move in his own words: "This strategic move marks a step forward in our commitment to providing unparalleled supply and distribution of extruded and rolled aluminium products to our valued customers in Victoria....
Today marks a significant event as the iconic chimney, a fixture of the old Anglesey Aluminium site for half a century, is set to be demolished. Scheduled for Wednesday, March 20th, this demolition has garnered immense public interest. The demolition, orchestrated by Porthladd rhydd Ynys Môn (Anglesey Freeport), is meticulously planned to ensure the safety of the surrounding community while minimising disruptions. For those eager to witness this historic moment, viewing is recommended from the public footpath parallel to Parc Cybi or Beibo fields. To maintain safety standards, certain restrictions and road closures will be enforced between 1 pm and 4 pm. Access to Penrhos beaches and grassland areas north of the A5 will be restricted. The A5 will be briefly closed near Tesco's roundabout,...
Vista Metals, a market leader in the manufacturing of speciality aluminium products, is reportedly investing $60 million in a new aluminium casting facility in Bowling Green, Ohio, Kentucky, to strengthen its position as a manufacturer and supplier of speciality aluminium products in the US market. Vista Metals’ aluminium products are primarily used for manufacturing seamless rolled rings, closed die forgings, and open die forgings for the aerospace, defense, industrial, and other industries. As per the report, the company has started the initial site preparation and will soon commence the phase-wise construction. With this new investment, the company hopes to create more than 50 well-paying full-time jobs in Bowling Green. Kentucky Governor Andy Beshear said: “The growth of Kentucky’s...
Hydro Paragominas, a mining enterprise centred on bauxite extraction in Paragominas (PA), marks its 17th anniversary this March with a strong emphasis on innovation and sustainability. Spearheaded by Industrial Director Anderson Martins, the company is renowned for its continual pursuit of cutting-edge technologies that enhance its operations and foster sustainable growth within the region. Among its trailblazing initiatives is the remote operation of the D11 tracked tractor, one of the world's first experiments. According to Mine Operations Manager Edil Pimentel, this pioneering approach signifies a technological leap forward and fosters a more inclusive work environment. It opens doors for greater participation of women and individuals with disabilities in operating the equipment,...
Unveiled at the 2024 Natural Products Expo West, Ecos introduced its latest innovation: the Ultra-Concentrated Laundry Detergent, offering an eco-friendly twist on this household essential. The packaging, made of recyclable aluminium, ensures sustainability and provides a greener alternative to traditional plastic. Crafted with powerful stain-fighting enzymes, this detergent swiftly tackles even the toughest laundry challenges. Thanks to its ultra-concentrated formula, it promises 78 loads per bottle. The detergent will be available in two options: Lavender and Free and clear. President and CEO Kelly Vlahakis-Hanks said, "We've been on a mission to make products that are better for people, pets and the planet for over 55 years. It's more urgent than ever that we make better choices to...
On March 19, Wagstaff Inc., a Spokane, Washington-based machinery, technology and service company that enables aluminium producers to transform molten aluminium into solid shapes using ‘direct chill casting’, announced that its Chief Executive Officer (CEO), Kevin Person, would retire on March 29, 2024. The company also said that its current Vice President of Sales and Marketing, Steve Anderson, would succeed Kevin Person and serve as the new CEO. Kevin Person is a well-known personality in the aluminium manufacturing sector in Spokane for about a half century. Before serving Wagstaff for 25 years, he was associated with Kaiser Aluminum for 21 years. During his tenure in Wagstaff, Person held the titles of Vice President of Sales and Marketing and Application Engineering Manager. Under...
LME aluminium opened at $2,276.5 per tonne yesterday, with its high and low at US$2,279 per tonne and US$2,248 per tonne, respectively, before closing at US$2,269 per tonne, down US$7.5 per tonne or 0.33 per cent. On Tuesday, March 19, the LME aluminium cash bid price and LME aluminium official settlement price dropped by US$22 per tonne to settle at US$2,202 per tonne and US$2,202.50 per tonne, respectively. As per the LME data , both 3-month bid price and 3-month offer price dipped by US$18 per tonne or 0.79 per cent and US$17.5 per tonne or 0.77 per cent to clock at US$2,254 per tonne and US$2,255 per tonne. On the same day, both December 25 bid price and December 25 offer price fell by US$10 per tonne or 0.40 per cent to peg at US$2,467 per tonne and US$2,472 per tonne. LME aluminium...
According to the United States Geological Survey (USGS), the annual US import of metals and alloys, crude for consumption in 2023 amounted to 26.4 million tonnes, of which Canada represented only 8.94 per cent or 2.36 million tonnes. On a Year-on-Year basis, Canadian aluminium imports to the US declined 8.17 percent, or 21,000 tonnes, from 2.57 million tonnes recorded during December 2022. Canadian imports to the US – A 2023 analogy Canada has been the largest supplier of crude metals and alloys to the US, followed by the United Arab Emirates, Australia, Bahrain, and Argentina, which are constantly fighting for consecutive numerical positions. In September 2023, the US import of metals and alloys, crude from Canada was 2.1 million tonnes, which added 26,000 tonnes or 12.38 per cent on a...
On Tuesday, March 19, Aluminium Stewardship Initiative (ASI), announced that Huanghe Xinye, in Xining City, achieved the ASI Performance Standard V3 (2022) Certification for its smelter and casthouse facility. This facility specializes in the production of liquid aluminium and aluminium ingots. With an impressive annual aluminium production capacity of 600,000 tonnes, this facility is a beacon of sustainable and responsible aluminium manufacturing. The ASI Certification program emerged from an exhaustive multi-stakeholder consultation and is the sole comprehensive voluntary sustainability standard initiative across the aluminium value chain. Launched in May 2022 after an extensive multi-year revision process, the ASI Performance Standard V3 (2022) delineates 11 principles and 62 criteria...
Shanghai Unison Aluminium Products, a Chinese car parts manufacturer, is investing over 35 million euros ($38.1 million) in a new facility near Bulgaria's second-largest city, Plovdiv, as per the city authorities. The new plant, to be situated in the Trakia Economic Zone, will specialize in producing aluminium profiles for the automotive industry, as detailed by the business development unit of the Plovdiv municipality in a statement released on Monday. Construction of the plant is expected to be completed within a year. The facility is anticipated to generate between 150 and 200 job opportunities. Shanghai Unison Aluminium Products supplies prominent automotive companies such as Tesla, Volvo, and Fiat. The company operates subsidiaries in Mexico and Bulgaria to efficiently serve its...
With a significant wind and solar tender, Tomago Aluminium, Australia's premier smelter, embarks on a riveting journey toward sustainability. As the nation's largest consumer of energy, Tomago's transition to renewables sets a pioneering precedent in the aluminium industry. Tomago Aluminium, renowned for its efficiency, spearheads a monumental shift towards clean energy. With plans to transition to renewable sources by the end of the decade, the smelter aims to secure a long-term, economically viable deal to power its operations sustainably. Economic and environmental impact Boasting unmatched efficiency, Tomago Aluminium supports over 6000 jobs and injects substantial revenue into the economy. By harnessing wind and solar power, the smelter not only reduces its carbon footprint but also...
