According to data from the General Administration of Customs, China's aluminium scrap imports in August 2026 stood at 141,800 tonnes, up 18.60 per cent M-o-M but down 17.67 per cent Y-o-Y, ending the "four consecutive declines" since April. Cumulative imports in January-August 2026 totalled approximately 1.243 million tonnes, down about 7.5 per cent Y-o-Y, with the cumulative decline widening further from 6.1 per cent in January-July. Overall, August imports showed a clear M-o-M recovery, but the Y-o-Y decline remained close to 20 per cent. From a monthly pace perspective, aluminium scrap imports in 2026 peaked at 197,300 tonnes in March, then pulled back for four consecutive months, hitting a year-to-date low of 119,600 tonnes in July. August rebounded 18.60 per cent M-o-M to 141,800...
Outdoor living is becoming an increasingly important part of residential and commercial design as property owners look for ways to make terraces, gardens, courtyards, rooftops, poolside areas, and hospitality environments more usable throughout the year. Rather than treating exterior areas as seasonal extensions of a property, architects, homeowners, and developers are placing greater emphasis on structures that provide shade, spatial definition, and long-term architectural value. Within this shift, Elyam Alum is highlighting growing demand for modern aluminium pergolas designed to support more consistent outdoor use across changing seasons. The trend reflects a broader reassessment of how exterior spaces contribute to everyday living, guest experience, and property functionality....
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In a significant move to solidify its position in Asia's burgeoning electrification market, a global leader in aluminium rolling and recycling in selected niches, Gränges has announced extending its long-term strategic partnership with Shandong Innovation Group (SIG). This collaboration aims to enhance Gränges' competitiveness and expand its market share in the region, which is rapidly becoming the global leader in electric vehicle and electrification applications. Gränges has witnessed robust growth in demand for its high-quality, sustainable electrification solutions across Asia. The company's portfolio includes advanced battery casings, battery foil, cooling plates, and other essential components for electric vehicles. The extended partnership with SIG is expected to leverage this...
In the wake of an increased demand for low-carbon aluminium to advance sustainability, Norsk Hydro has decided to strengthen the capacity of its Henderson recycling plant in Kentucky by building a new casting line. Built-in 1999, this plant is Hydro’s first recycling facility, and over time, it has become a production hub of high-quality, recycled, low-carbon aluminium products. The addition of a new casting line will involve an investment of US$85 million, but when it becomes operational in 2026, it will supply the automotive industry with more high-quality, low-carbon aluminium components. Like Hydro Husnes plant in Norway and Hydro Rackwitz plant in Germany, Hydro Henderson will also use HyForge casting technology. The main benefit of the technology is that it eliminates friction that...
The Shanghai Metals Market has witnessed a massive slump of RMB 470 per tonne today, closing at RMB 21,240 per tonne, with the average prices hovering between RMB 21,220 per tonne and RMB 21,260 per tonne. The eight main provinces in China have all seen a stark downtrend in aluminium prices, with the highest plunge of RMB 480 per tonne recorded in Foshan where the aluminium price hooked at RMB 21,120 per tonne. Other than that, the aluminium prices in Wuxi, Hangzhou, Chongqing and Shenyang, the aluminium prices have all suffered a major loss of RMB 450 per tonne. Wuxi – RMB 21,240 per tonne Hangzhou – RMB 21,240 per tonne Chongqing – RMB 21,180 per tonne Shenyang – RMB 21,160 per tonne In Gongyi, the aluminium price has dived by RMB 430 per tonne to rest at RMB 21,100 per tonne, while the...
New Zealand Aluminium Smelters (NZAS) has secured the future of the Tiwai Point smelter with new 20-year electricity agreements. These arrangements ensure the smelter's ability to competitively produce high-purity, low-carbon aluminium powered by a diverse mix of renewable energy sources from New Zealand's South Island. NZAS owns and operates the Tiwai Point smelter and has entered into contracts with electricity generators Meridian Energy, Contact Energy, and Mercury NZ. These agreements establish the pricing for 572 megawatts (MW) of electricity, sufficient to meet the smelter's entire energy requirements. Subject to regulatory approvals and other conditions, these contracts are expected to commence in July 2024 and extend until at least 2044. Jérôme Pécresse, the CEO of Rio Tinto...
The three-month LME aluminium opened at US$2,787.50 per tonne and reached a high of US$2,799 per tonne and a low of US$2,683 per tonne before closing at US$2,705 per tonne, down US$89 per tonne or 3.19 per cent. On Thursday, May 30, the LME aluminium cash bid price and LME aluminium official settlement price shrank by US$29 per tonne and US$29.50 per tonne, respectively, to stand at US$2,665 per tonne and US$2,665.50 per tonne, following an incessant rally since May 24, from US$2,551 per tonne to US$2,695 per tonne. Despite the downfall, the LME aluminium benchmark price stood 4.49 per cent higher week-on-week than US$2,551 per tonne and 4.73 per cent month-on-month than US$2,545 per tonne. The 3-month bid price and 3-month offer price fell overnight by US$30 per tonne and US$30.50 per...
There is a universal truth in business and life, "To stand still is to fall behind." This rings especially true for Beymetal Alüminyum, a dynamic player in the aluminium extrusion industry based in Türkiye. Recently, the company encountered limitations with an outdated gas nitriding furnace and saw this as an opportunity to innovate. Driven by its commitment to excellence and relentless pursuit of progress, Beymetal partnered with Nitrex to modernise its in-house nitriding capabilities, aiming for improved efficiency and scalability. The installation of a Nitrex batch-type nitriding/nitrocarburising furnace has opened new horizons in process efficiency and production capacity for the company, showcasing the power of forward-thinking in driving industry transformation. With a significantly...
BigMint's assessment indicates a marginal gain of INR 1,000 per tonne for spot prices of aluminium ADC12 alloy ingots, reaching INR 216,000 per tonne week-over-week. Tense scrap prices stood at INR 188,000 per tonne ex-Delhi, reflecting a weekly increase of INR 1,000 per tonne. The scrap-to-ADC12 spread is recorded at INR 28,000-29,000 per tonne. Tense scrap prices in Chennai Market sources indicated that tense scrap offers in Chennai are around INR 188,000 per tonne, with spot prices of ADC12 in Chennai ranging between INR 218,000 and INR 220,000 per tonne ex-works on immediate terms, excluding GST. The spot prices for automobile equivalent manufacturers matched those of a major automaker, at INR 221,000-223,000 per tonne ex-Delhi. Despite stable Tense prices in the northern region,...
The Malaysian aluminium giant, Press Metal Aluminium Bhd, has demonstrated a remarkable financial performance in the first quarter of 2024, propelled by increased sales volumes and a favourable exchange rate. This impressive growth is propelled by a significant rise in both net profit and revenue, highlighting the company's strategic positioning and market adaptability in an evolving global landscape. For the quarter ending March 31, 2024 (1Q 2024), Press Metal Aluminium reported a net profit of RM408.04 million, marking a substantial 44.7 per cent year-on-year increase from RM281.97 million in the corresponding period of the previous year. Concurrently, the company’s revenue surged by 17 per cent, reaching RM3.62 billion compared to RM3.07 billion in 1Q 2023. This financial upturn is...
One Water, an ethical hydration brand, is set to be the official water partner for the fitness-focused Wild Goat Festival, happening from May 31 to June 2, 2024. The festival, designed to bring families together outdoors, will feature a range of activities such as running, cycling, and other fun events. Sporting icons like Paula Radcliffe, Chris Thompson, and Non Stanford will also be in attendance. Volunteers at the Wild Goat Festival will distribute One Water's 500-ml refillable aluminium bottles to attendees. These bottles align with One Water's commitment to sustainability, as aluminium is a 100% recyclable material. Additionally, attendees will receive One Water’s Energising and Hydrating Supplements to boost their fitness activities. Ian Spooner, Brand Director of One Water,...
In a move towards zero emissions, Hydro Extrusion in Sweden has commenced on-site renewable energy production. The ultimate goal is fully transitioning to 100 per cent locally produced renewable energy for operating Hydro's extrusion plants in Vetlanda and Finspång. The main aim is to extrude aluminium using 100 per cent locally produced renewable energy. With Hydro Rein (Hydro's renewable energy company) recently completing phase one, rooftop, ground-mounted solar panels and battery storage systems have begun significantly contributing to this ambitious goal. These efforts supplement an existing local hydropower plant. Technical solution includes The technical solution, a testament to our commitment to innovation and sustainability, includes seven rooftop installations with a total...
Avaada Energy, a prominent player in the renewable energy sector, has successfully secured INR 315 crore financing from Aseem Infrastructure Finance Ltd (AIFL) for a significant solar project in Karnataka. This move marks a notable advancement in India's infrastructure debt financing and highlights Avaada's commitment to sustainable energy solutions. Avaada Energy's latest venture is a solar PV power project located in the Kalaburagi district of Karnataka. This project is being developed under a long-term captive Power Purchase Agreement (PPA) with the Karnataka Cooperative Milk Producers' Federation Ltd (KMF). KMF, an apex body for the dairy cooperative movement in Karnataka, holds an A+ (Stable) rating by ICRA, emphasising its financial stability and reliability. The INR 315 crore...
Welsh fabricator Dudley’s Aluminium has begun a prestigious project to construct a state-of-the-art joint education campus in Fairwater. Collaborating with ISG Construction Ltd., Dudley’s will bring to life three newly build schools—Cantonian High School, Riverbank School, and Woodlands High School—on a singular site, embracing sustainability and innovative aluminium fabrications. The Fairwater campus, a multimillion-pound endeavour, is poised to set a benchmark for future educational projects in Cardiff. This development aligns with the Welsh Government’s Net Zero Carbon standards, ensuring each of the three schools will be energy-efficient and powered by renewable energy sources. Dudley’s Aluminium will install Metal Technology System doors, windows, and capped curtain walling,...
The United States has long been targeting a reduction in carbon footprint across the industrial sectors, including automotive, packaging, energy, and consumer products, by sustainably producing low-carbon aluminium. However, due to limited renewable power generation, the region has primarily resorted to scrap recycling and using recycled metal in aluminium semi-finished and finished products. With the help of advanced technology infrastructure, the United States has also developed new anode technologies to be able to emit direct emissions from the use of carbon anodes during smelting. Recently, environmental consulting firm ICF, in collaboration with the Aluminum Association, has released a report titled Pathways to Decarbonization: A North American Aluminum Roadmap, highlighting all...
The high-tech Australian company ABx Group, which delivers materials for a cleaner future, has announced the publication of its baseline Environmental, Social, and Governance (ESG) report, prepared with assistance from Socialsuite. Socialsuite is a global leader in impact technology. Founded in 2014 in Melbourne, it has offices in Australia, the United States, and Canada. Socialsuite’s purpose is to help organisations show the change they are making. Socialsuite develops and provides technology solutions to measure and manage social impact and ESG reporting . Dr Mark Cooksey, the MD and CEO of ABx Group, said, "I am pleased to introduce ABx's first ESG disclosure report, an important milestone on our pathway to improving our ESG metrics." "As part of our purpose of 'delivering materials...
JSW Steel has introduced an innovative product named Magsure, a zinc-magnesium-aluminium alloy-coated steel. This specialised steel is designed for use in highly corrosive environments. It is ideal for various applications, including steel structures in solar installations, silos, guard rails, and air conditioning parts, where enhanced corrosion protection is essential. The first only Indian company JSW Steel, a leading steel manufacturer in India and part of the USD 24 billion JSW Group, announced in a press release that it is the first Indian company to produce and market a zinc-magnesium-aluminium alloy-coated steel product domestically. The company has also patented Magsure's unique chemical composition. "We are optimising our coated products mix to service the nation's requirements...
On the previous trading day, LME aluminium opened at US$2,732 per tonne, reaching a high of US$2,798 per tonne and a low of US$2,724 per tonne, and closed at US$2,794 per tonne, up US$62 per tonne, an increase of 2.27 per cent. The London Metal Exchange market has witnessed escalating prices this week, with the LME aluminium cash bid price and the LME aluminium offer price scoring US$42 per tonne or 1.58 per cent to officially close at US$2,694 per tonne and US$2,695 per tonne, respectively. On a Month-on-Month scale, there has been an augmentation of US$158.50 per tonne or 5.89 per cent from US$2,695 per tonne recorded on April 29. The 3-month bid price and the 3-month offer price have risen by US$36.50 per tonne or 1.35 per cent and US$37 per tonne or 1.37 per cent to arrive at US$2,740...
According to the Shanghai Metals Market survey, China's A00 aluminium ingot price has surged by RMB 640 per tonne to clock at RMB 21,710 per tonne. The spot contract price is expected to be traded at a discount price of RMB 170 to RMB 130 per tonne, whereas the average prices may range between RMB 21,690 per tonne and RMB 21,730 per tonne. As per the SMM data, the A00 aluminium ingot price has skyrocketed by RMB 3,360 per tonne or 18.31 per cent Y-o-Y from RMB 18,350 per tonne recorded on May 30, 2023. On a W-o-W calculation, the price hiked by RMB 960 per tonne or 4.62 per cent from RMB 20,650 per tonne. Reason for the growth in prices One of the main reasons for the price surge can be attributed to the gas shortage-led force majeure declared by Rio Tinto on alumina shipments from its...
Hammerer Aluminium Industries (HAI), a leading supplier of high-quality aluminium products, has set its sights on becoming the industry's most dynamic and sustainable provider. The company is committing to sustainable corporate management, emphasising aluminium recycling, green sourcing, green energy, and environmentally friendly processes. This strategic move underscores HAI's dedication to environmental responsibility and innovation in the aluminium sector. HAI is dedicated to achieving climate neutrality by 2050, aligning with the Science-Based Targets initiative. This commitment involves reducing emissions by the latest scientific research, aiming to limit global warming to a maximum of 1.5°C. By setting these specific, science-based emissions targets, HAI continues to lead the...
