LME aluminium prices softened across key contracts on September 23 compared with the previous session, while opening stocks remained broadly stable. The sharpest movement was recorded in cancelled warrants, which declined by more than 20 per cent. The LME aluminium cash bid price stood at USD 3,239.5 per tonne on September 23, down from USD 3,240 per tonne on September 22, a decline of 0.02 per cent. The cash offer price fell to USD 3,240 per tonne from USD 3,242 per tonne, down 0.06 per cent. For the three-month contract, the bid price declined to USD 3,258 per tonne from USD 3,263.5 per tonne, marking a 0.17 per cent decrease. The offer price fell to USD 3,260 per tonne from USD 3,264 per tonne, down 0.12 per cent. The December 2027 aluminium bid price stood at USD 3,180 per tonne,...
China's aluminium extrusion output has continued to trend lower, with the construction segment acting as a significant drag. According to Mysteel's sampled manufacturers, industry output sustained a decline from July to September 2026. Within this, construction aluminium extrusion output fell by a cumulative 21.2 per cent from early July to September, reflecting persistent weakness in traditional building demand. In contrast, industrial extrusion output declined by just 3.7 per cent over the same period, demonstrating relative resilience and providing a floor for total production. Total aluminium extrusion output dropped 11.8 per cent from early July to September, while capacity utilization rates slid from 41.83 per cent to 36.90 per cent. The industry is operating at a low ebb overall,...
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The Companhia Brasileira de Alumínio (CBA) begins the operation of a filtration system by the end of April, consisting of 3 filter presses, for drying waste from its alumina plant located in Alumínio (SP), which generates 1,500 t/day of waste. With this, the company will be able to completely do without a dam for wet tailings storage. According to Luciano Alves, CEO of the company, the project has involved investments of R$420 million so far, but the total, considering what will be invested in the future, should reach around R$500 million. The filtration system, which was imported, is a technology already approved on the market and the objective is to have a safer operation, as the disposal is now done dry and no longer wet. In fact, as Luciano Alves explains, CBA had already been drying...
ALUMINIUM CHINA, Asia’s premier tradeshow and B2B platform for the aluminium industry and its main application fields, will return to Shanghai, China, from July 3rd to 5th. Organised by RX Greater China, this highly anticipated event aims to create a unique space where global industry professionals and suppliers come together, explore business opportunities, and foster innovation through exhibitions, networking events, and concurrent forums. Hosted at the Shanghai New International Expo Centre, the annual trade fair ALUMINIUM CHINA is now open for registration. It brings together top-tier resources across the aluminium value chain, facilitating collaboration between upstream and downstream businesses and promoting sustainable development of the industry. Interested visitors can register...
The Shanghai Metals Market, on April 16, saw a downward trend in aluminium prices, with the SMM A00 aluminium ingot price de-escalating by RMB 490 per tonne to settle at RMB 20,260 per tonne. This can be considered the first dip in a long while, i.e. from April 9, the SMM aluminium price has been on an upward trajectory. It ascended from RMB 20,060 per tonne by RMB 690 per tonne or 3.44 per cent in a matter of seven days to reach RMB 20,750 per tonne on April 15. However, on a Month-on-Month scale, there can be witnessed an exponential growth of RMB 1,080 per tonne or 5.6 per cent from RMB 19,180 per tonne, as recorded on March 15. The eight central provinces in China have all experienced dampening aluminium prices, with an exception in Chongqing, where the price soared by RMB 190 per...
LME aluminum opened at US$2,550 per tonne on April 15, with high and low at US$2,728 per tonne and US$2,535 per tonne, respectively, before closing at US$2,548.50 per tonne, up US$63.50 per tonne or 2.55 per cent. The LME aluminium benchmark price shot up over the weekend, marking a second consecutive hike, following fresh sanctions by the United States and the United Kingdom targeting Russian metals . On Friday, April 12, Washington and London prohibited metal-trading exchanges from accepting new aluminium. Both LME aluminium cash bid price and LME aluminium official settlement price soared by US$77.50 per tonne to stand at US$2,520 per tonne and US$2,520.50 per tonne, respectively, on Monday, April 15. This exponential rise over the weekend brought the LME aluminium benchmark price...
Referring to the lead item, the team in Zibo has examined who is leading the pack for 2024 aluminium production to date in China. According to our analysis, Chinalco Group (1.8mt), Weiqiao Group (1.55mt), Xinfa Group (900kt), State Power Investment Corporation (717kt) and Oriental Hope Group (533kt) made the top five in terms of primary aluminium production. But when looking at ingot production, Hongqiao and Xinfa dropped out of the picture and were replaced by Qiya and Shenhuo. In other words, Hongqiao and Xinfa rely more on liquid metal transfers than the others at the top of the list. Overall, liquid metal transfers now represent a shade over three-quarters of all production. According to our analysis, there's still room for more direct deliveries of hot metal, especially in this peak...
China's primary aluminium industry is pouring less and enjoying it more. Liquid metal transfers increased in the first quarter of 2024. According to our research, the volume of raw metal poured into ingot dropped by about 20 per cent compared to 2023 Q1. That's despite an overall increase in primary metal output of just under 4 per cent for the same period. In 2024, many downstream companies operated through the Spring Holiday period, allowing smelters to continue directly supplying liquid metal. Smelters benefit by shipping the metal in liquid form to their customers. For customers, they don't have to remelt the metal, saving them energy and time. It's the inverse for smelters - they don't have to pour the metal into ingots and wait for the metal to cool so it can be transported. There's...
In the bustling landscape of electric motorcycles, Peugeot Motocycles emerges with the SPx concept, heralding a new era of sustainable urban commuting. Crafted with ingenuity and inspired by heritage, the SPx showcases the marriage of modern design and eco-conscious materials, with aluminium at its core. Behind the scenes, Indian conglomerate Mahindra holds a stake in the French brand, adding a global dimension to the SPx's journey. This partnership underscores a commitment to innovation and sustainability, echoing through the SPx's design ethos. Heritage reimagined: Aluminium as the backbone Drawing inspiration from the iconic Peugeot 103 moped of the 1970s, renowned for its accessibility and reliability, the SPx redefines urban mobility. At its heart lies a lightweight aluminium frame,...
RUSAL, one of the world's largest aluminium producers, notes that the actions on the Russian metals recently introduced by the US and the UK governments and subsequent Notice issued by LME to its members on April 13, 2024, do not amount to any type of sanctions or delisting of any RUSAL's brands but are rather a suspension of deliveries to the LME warehouses and prohibition on warranting services on a global metal exchange relating to the Russian-origin aluminium produced on or after April 13, 2024. The above actions appear to be strictly related to the exchange and derivatives. RUSAL will remain capable of providing hedging services to our customers and remains committed to market-based pricing. The announced actions also have no impact on RUSAL's ability to supply since RUSAL's global...
Green battery anode and advanced materials developer Talga Group is considering its next steps following the conclusion of front-end engineering and design (FEED) activities at the Vittangi anode project in northern Sweden. With a market capitalization of $281 million, Talga reports that the collaboration with key consultants Worley, ABB, and Sweco has resulted in significant enhancements and optimizations across various aspects of the project. These improvements encompass equipment design, production process configurations, and building footprints. The construction costs for the vertically integrated operation are now projected at €560 million, with an additional €39 million contingency. This represents a modest increase from the previous estimate of US$484 million in the July 2021...
Ireland's endeavour towards a sustainable future marks a significant milestone with the successful initiation of its national deposit return scheme. Spearheaded by Re-turn, the scheme has garnered notable traction within its inaugural month, reflecting a promising shift towards enhanced recycling practices. Under the stewardship of Re-turn, Ireland's national deposit return scheme has witnessed remarkable participation, with over two million drinks containers returned within the first month alone. Notably, the scheme reached a zenith on 29th February 2024, with 200,999 containers returned, underscoring a burgeoning acceptance among consumers. Chief Executive's Encouragement Ciaran Foley, CEO of Re-turn, lauds the enthusiastic response of consumers, emphasising the pivotal role they play...
On April 15, 2024, Runaya, a sustainable manufacturing and recycling leader, unveiled its state-of-the-art calcium aluminate plant in Jharsuguda. This milestone signifies a significant step forward in Runaya's quest for environmental stewardship and innovation within the sector. At the heart of Runaya's ethos lies sustainability, as evidenced by its innovative green aluminium recovery plant. With a capacity of 12,000 tonnes per year, this facility is poised to supply premium, eco-friendly products to steel industry clients. By harnessing green raw materials like depleted dross, Runaya pioneers the circular economy concept, thereby reducing its carbon footprint. The calcium aluminate facility marks a strategic expansion of Runaya's Green Aluminium portfolio, introducing RuCal Green, an...
Hydro Energi AS has reportedly entered into a long-term power purchase agreement (PPA) with Alpiq, a Swiss energy provider. As per the contract, Hydro will secure 0.54 TWh of renewable energy from Alpiq during 2025-2033. The power purchase agreement is part of Hydro’s Nordic power portfolio, which consists of captive power production of 9.4 TWh per year and a long-term contract portfolio of around 10 TWh. Hydro has signed this contract in less than a month from signing a similar agreement with Statkraft , according to which, the latter will provide 1.28 TWh of clean energy throughout the timespan of May 2024 to 2027. Access to renewable energy enables Hydro to produce aluminium with 75 per cent less carbon footprint than the global average. This endeavour aligns seamlessly with Hydro’s...
The world's largest aluminium producer, China Hongqiao Group's subsidiary Shandong Hongqiao, has forged ahead with a strong dedication to innovation and industrial progress, solidifying its presence as a leading force in the aluminium production and deep processing sectors. The company prioritises innovation and environmental sustainability through its integrated industrial chain, cementing its pivotal role in driving contemporary industrial standards forward. Shandong Hongqiao places great importance on green development, focusing on technological advancements and promoting energy efficiency and resource recycling across its operations. Prioritising environmental sustainability, the company strives to establish a low-carbon production system to minimise its environmental footprint....
Tianshan Aluminium Group Co., Ltd., which produces and sells aluminium, aluminium products and materials, reported its 2023 annual report last week. The report revealed an operating income of RMB 28.975 billion, down 12.22 per cent year over year. The company’s net profit was RMB 2.205 billion during CY2023, which was also down Y-o-Y by 16.8 per cent. During the reporting period, Tianshan Aluminium’s aluminium production and operation were stable, with an annual electrolytic aluminium output of 1.165 million tonnes, marking a slight increase year-on-year. The company’s aluminium input production also exhibited steady growth during the said period. Tianshan’s alumina output was 2.119 million tonnes, significantly up by 37.6 per cent year-on-year. Its anode carbon production was 599,000...
Fenesta, India's leading brand in windows and doors, marks a significant milestone in the fenestration industry by achieving an order booking of INR 1000 crores in the fiscal year 2024. This accomplishment highlights Fenesta's unwavering commitment to quality, innovation, and customer service, solidifying its position as a trusted name nationwide. Fenesta's relentless expansion efforts have propelled the brand to new heights, surpassing the INR 200 crore mark in order booking for aluminium windows and doors alone. With a presence in over 900 cities across India and international operations in Maldives, Nepal, and Bhutan, Fenesta has established itself as a formidable player in the global fenestration market. Robust infrastructure Supported by exponential sales and a vast service network...
Dirty Labs, the trailblazing cleaning company committed to rendering petrochemical cleaning obsolete, has just unveiled its latest creation: Murasaki Scent Oil, now available in a recyclable aluminium bottle. After the resounding success of its Signature Scent Oil, which flew off shelves twice, Dirty Labs is ecstatic to introduce a new addition to its scent-focused lineup. Murasaki Scent Oil is artfully designed to complement Dirty Labs' Murasaki Bio Laundry Detergent, offering an unmatched olfactory experience for your freshly washed clothes. Simply sprinkle a few drops of Murasaki Scent Oil onto wool dryer balls before starting your dryer cycle, enveloping your garments in its captivating fragrance. "At Dirty Labs, we're committed to redefining the way people approach laundry day. With...
LME aluminium opened at US$2,457.5 per tonne last Friday, with its high and low at US$2,512 per tonne and US$2,454 per tonne, respectively, before closing at US$2,478.5 per tonne, up US$22.5 per tonne or 0.92 per cent. On Friday, April 12, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$33 per tonne or 1.36 per cent and US$32.5 per tonne or 1.34 per cent to settle at US$2,442.50 per tonne and US$2,443 per tonne. On the same day, both 3-month bid price and 3-month offer price expanded by US$36 per tonne or 1.46 per cent to clock at US$2,495 per tonne and US$2,496 per tonne. December 25 bid price and December 25 offer price ascended by US$25 per tonne or 0.95 per cent to peg at US$2,650 per tonne and US$2,655 per tonne. LME aluminium opening stock...
According to data revealed by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s aluminium ingot production grew by 2,834 tonnes, or 1 per cent, on an annual basis over the financial year ended March 19, 2024 (Iran’s calendar year 1402). As per the data, Iran produced 635,000 tonnes of aluminium ingot in FY2024 compared to 632,166 tonnes in FY2023. In the preceding year, Iran’s aluminium ingot production recorded an increase of 17.36 per cent Y-o-Y. In the past eleven months, Iran’s major aluminium producers, including South Aluminum Corporation (SALCO), Iranian Aluminum Company (IRALCO), Almahdi Aluminum Company, and Iran Alumina Company, collectively produced 582,200 tonnes of aluminium ingot. Hence, it can be calculated that these four...
