Mexico-US trade talks, including discussions on aluminum tariffs , have been delayed, with the fourth round of negotiations now expected to take place in October. The delay comes as both countries manage busy diplomatic schedules. Luis Rosendo Gutierrez, Mexico’s deputy economy minister for foreign trade, said the delay stemmed from scheduling conflicts, including Chinese President Xi Jinping’s planned visit to the United States and the upcoming G20 summit. Although the formal talks have been postponed, technical discussions between Mexico and the US Trade Representative’s Office (USTR) are continuing on a “daily” basis, Gutierrez said. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036:...
The US aluminum extrusion sector is seeing another consolidation move, with Can Art Aluminum Extrusions acquiring BRT Extrusions, an aluminum extruded products supplier based in Niles. Can Art confirmed the acquisition in a letter sent to BRT customers earlier this week. The financial terms of the transaction are yet to be disclosed. To know the global production, demand and consumption forecasts of aluminum extrusions, explore our report “ The World of Aluminium Extrusions to 2035 – Demand Forecast | Price Benchmarking | Plant Economics | Strategic Growth Sectors ” According to the customer communication, the combined organization will have over 1,000 employees and 15 extrusion presses. The expanded group will also offer a range of value-added aluminum processing capabilities, including...
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The Make it in the Emirates (MIITE) Forum 2024, under the patronage of esteemed UAE leadership, heralds a new era of industrial advancement and sustainability. With an array of strategic partnerships and sponsorships, including key players like Emirates Global Aluminium (EGA), the stage is set to propel the nation towards its ambitious goals of industrial growth and global leadership. Sixteen sponsorship agreements were recently inked in the presence of luminaries such as Dr. Sultan Al Jaber and Sarah Al Amiri, underscoring the commitment towards fostering investment, sustainability, and growth. The collaboration between the MoIAT or Ministry of Industry and Advanced Technology, Abu Dhabi Department of Economic Development (ADDED), and Abu Dhabi National Oil Company (ADNOC) epitomises the...
National Aluminium Company Ltd. (NALCO), the country’s leading manufacturer and exporter of alumina and aluminium, set new production and sales records for FY23-24. The company has achieved its: highest-ever cast metal production of 4,63,428 tonnes highest-ever bauxite excavation of 76,00,230 tonnes the highest-ever metal sale of 4,70,108 tonnes This new milestone has surpassed all the previous records since its inception. In FY 23-24, the company also added a new aluminium alloy ingot (AL-59) to its product range. With an impressive 101.15 per cent capacity utilisation, NALCO's alumina refinery has produced 21,24,000 tonnes of alumina hydrate, while the captive power plant has generated a gross of 7193.62 million units of power. Noteworthy achievements include developing and...
The US Census Bureau data showed that the country's domestic primary aluminium production marked a slight slowdown at the beginning of 2024. The year began by continuing the downtrend of 2023 when the US primary aluminium production amounted to 750,000 tonnes compared to 861,000 tonnes in 2022. According to the USGS data, in January 2024, the United States produced 63,000 tonnes of primary aluminium, reflecting a drop of 1,000 tonnes from the previous month. On an annual basis, the output in January 2024 also saw a decline of 1,000 tonnes. The continuous shutdown and operation cuts of aluminium smelters in the United States could be attributed to the fall in domestic production. At present, Alcoa's two potlines out of three at Warrick smelter are operative, Century's Hawesville is...
RHI Magnesita has announced its intention to acquire Resco Group, a leading manufacturer of alumina monolithics and refractories, to boost operational capabilities and enrich product offerings. This acquisition, with an enterprise value potentially reaching $430 million, signifies a significant milestone in the growth trajectory of both entities. The acquisition holds substantial benefits for both RHI Magnesita and Resco Group. For RHI Magnesita, it presents an opportunity to enhance local production capacities in the US and Canada, aligning closely with customer feedback and demand dynamics. By leveraging Resco's robust operational footprint and expertise in various industries, RHI Magnesita aims to strengthen its regional presence and fortify its commitment to local manufacturing...
The price of aluminium on the LME experienced a gradual upward trend throughout March 2024, fluctuating within a range of approximately USD$85-90. Similarly, the SHFE price also increased slightly, hovering around USD$65-70, albeit with considerable fluctuations. However, according to a research report by AL Circle titled "Global Aluminium Industry Outlook 2024," expectations were set at the beginning of the year. It projected a resemblance of the price trend in H1 2024 to that of 2023, with anticipation mounting for H2 2024. This anticipation stems from forecasts suggesting a surge in demand for aluminium during the latter half of the year, fuelled by potential economic recovery in global markets after a period of deceleration. When the United States and China engage in economic...
On Wednesday, April 3, China’s A00 aluminium ingot price has gained RMB 170 per tonne to settle at RMB 19,750 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110 per tonne to RMB 70 per tonne. The average prices are expected to range between RMB 110 per tonne to RMB 70 per tonne. On the same day, the prices in Foshan and Tianjin have surged RMB 200 per tonne and RMB 190 per tonne to clock at RMB 19,720 per tonne. In Gongyi and Wuxi, the domestic aluminium ingot prices have gained RMB 180 per tonne to reside at RMB 19,670 per tonne and RMB 19,750 per tonne. As per the SMM data, the A00 aluminium ingot prices in Shenyang and Linyi have hiked by RMB 150 per tonne to clock at RMB 19,650 per tonne and RMB 19,750 per tonne. In Hangzhou, the price has...
LME aluminium opened at US$2,342 per tonne in the previous trading day, with its high and low at US$2,387.50 per tonne and US$2,332 per tonne, respectively, before closing at US$2,372 per tonne, up US$35 per tonne or 1.5 per cent. The London Metal Exchange was temporarily out of action for the Good Friday holidays and it has just resumed on April 2, with the LME cash bid price and the LME official price expanding by US$52.50 per tonne or 2.31 per cent from US$2,269.50 per tonne and US$2,270 per tonne recorded on March 28. Yesterday, the LME cash bid price stood at US$2,322 per tonne and the LME official price halted at US$2,322.50 per tonne. The LME 3-month bid price was priced at US$2,362.50 per tonne, and the LME 3-month offer price stopped at US$2,363 per tonne, with a spike of...
Nemak S.A.B de C.V, popularly known as Nemak, specialised in developing and manufacturing aluminium components for e-mobility, structure and chassis, has reportedly received Aluminium Stewardship Initiative’s Performance Standard V3 (2022) Certification for its three global production facilities in Poland, Slovakia, and Brazil. The three facilities, named Nemak Slovakia s.r.o., near Ladomerská Vieska, Slovakia; Nemak Poland Sp. z o.o. in Bielsko-Biała, Poland; and Nemak Alumínio do Brazil Ltda. in Betim, Mato Grosso, Brazil, produce a wide range of automotive components. While the Slovakia facility manufactures engine blocks, transmission cases, and housing for electric engines, the Poland facility produces high-pressure diecasting, with production departments focused on powertrain...
On March 24, at the headquarters of the Chinalco Group, Chairman Duan Xiangdong hosted a meeting with Jakob Stausholm, CEO of the Rio Tinto Group, along with his accompanying delegation. The discussions were extensive, focusing on advancing practical collaboration to achieve mutually beneficial growth. The collaboration between Chinalco Group and Rio Tinto Group has entered a new phase in history. As Chinalco Group's largest single shareholder, this partnership fosters mutual learning and synergy between the two entities. It holds significant importance for the organised and sustainable development of the global aluminium industry. About the meeting In recent days, extensive exchanges and discussions have occurred between the two parties regarding the specifics of project cooperation,...
Japan is one of those countries exhibiting a buoyant aluminium market for the fiscal year 2024, driven by potential demand due to the revival in the semiconductor and automobile sectors. According to the estimated data shared by the Aluminum Research Committee, Japan’s demand for aluminium products will most likely reach 3.85 million tonnes in FY 2024, marking an increase for the first time in three years. Only the demand for rolled aluminium products is projected to fall short of the 4 million tonnes target, remaining at 1.73 million tonnes through FY2024. The Committee, comprising seven industry organizations, estimates that Japan’s aluminium product demand will grow 2.1 per cent compared to the previous year, buoyed by projected automobile sales to grow by 3.7 per cent. Domestic demand...
smartwater fans can now enjoy their favourite crisp, vapour-distilled hydration in a new format. The pioneering brand, known for its innovative offerings since its debut nearly three decades ago, introduced 12-oz. aluminium cans with a fresh, sophisticated look. These cans provide a functional and elevated consumption experience for all occasions. Starting April, smartwater original and smartwater alkaline with antioxidants will be available on shelves across the United States in single 12-oz. cans. This marks the first time vapour-distilled water is offered in this format. Additionally, 8-packs will be available alongside the brand's existing portfolio of bottled options. "As the leading premium water brand, we have a responsibility to constantly iterate, improve and meet consumers where...
Undergraduate students from Purdue University's PSP-AC team recently partnered with Elementum 3D for their groundbreaking TADPOLE propulsion system. Elementum 3D printed the aluminium combustion chamber, cooling circuit, and nozzle as a single integrated component through laser powder bed fusion. The students are harnessing additive manufacturing (AM) to push the boundaries of vertical take-off and vertical landing (VTVL) technology with support from Elementum 3D. Their ongoing project aligns with the goals of the Collegiate Propulsive Lander Challenge (CPLC), where student teams are tasked with designing self-landing rockets. From this challenge emerged PSP-AC's innovative TADPOLE propulsion system. "We are honored to offer our team's AM knowledge, expertise, and technology to inspire...
On March 31, Vedanta Aluminium hosted a one-day industrial safety training programme at its Jharsuguda operations in collaboration with the Directorate of Factories and Boilers, Government of Odisha. This training programme extended across diverse industrial zones within the state, aiming to promote a robust safety culture in the manufacturing industries. The eminent personalities present in the programme were Shri R.S. Gopalan, IAS Commissioner-cum-Secretary, Labour & ESI Dept., Govt. of Odisha, and Dr Malay Kumar Pradhan, Deputy Director of Factories & Boilers (Safety), Govt. of Odisha. Others who joined virtually included Shri Swaroop Jena, Deputy Director of Factories & Boilers, Sambalpur Division., Govt. of Odisha; Smt. Archana Das, Asst. Director of Factories & Boilers, Jharsuguda,...
Alumil India, the fully-owned Indian subsidiary of Alumil Group – one of the global pioneers in designing and manufacturing high-quality architectural aluminium systems- recently opened its exclusive experience centre - Twin Pro Systems- in Chennai. The 750 sq. ft. showroom, inaugurated by Alumil India's Managing Director, Mr Theodoros Axouristos, features an extensive array of Alumil's top-tier product offerings, including window and door systems, curtain wall and facade systems, rolling shutters, as well as railing and fencing solutions. This marks the third showroom launched by Alumil India in Tamil Nadu, following the recent opening in Coimbatore last month. Theodoros Axouristos, Managing Director of Alumil India, said, "The vibrant capital city of Tamil Nadu has witnessed steady...
The SHFE aluminium benchmark price has continued to grow on Tuesday, April 2, albeit at a lower rate. According to the data, the price has increased by US$3 per tonne to reach US$2,721 per tonne. Compared to the same period last year, the price is 0.33 per cent higher than US$2,712 per tonne. On a week-on-week basis, the SHFE price is up by US$13 per tonne or 0.48 per cent from US$2,708 per tonne. Overnight, the most-traded SHFE 2405 aluminium contract opened at RMB 19,760 per tonne, with its lowest and highest at RMB 19,710 per tonne and RMB 19,805 per tonne before closing at RMB 19,725 per tonne, up RMB 5 per tonne or 0.03 per cent. China’s primary aluminium domestic price has been on a rising spree for the past week. Due to dry weather, limited production in one of China’s leading...
On Tuesday, April 2, the average alumina spot price in China lost RMB 2 per tonne to settle at RMB 3,299 per tonne. As per the SMM data, W-o-W, a fall of RMB 14 per tonne was witnessed from RMB 3,313 per tonne, as recorded on March 26. As of today, the prices in Henan and Shanxi have dropped by RMB 5 per tonne to score at RMB 3,320 per tonne and RMB 3,265 per tonne. However, the alumina prices have been experiencing a continuous downfall since March 25. The price on March 25, 2024, had stood at RMB 3318, followed by a fall of RMB 5 per tonne the next day. China’s A00 aluminium ingot price On the same day, China’s A00 aluminium ingot price hiked by RMB 60 per tonne to RMB 19,580 per tonne, with the average prices standing between RMB 19,560 per tonne and RMB 19,600 per tonne. The spot...
In the verdant bloom of spring, British bicycle connoisseur Raleigh unveils its latest masterpiece - the Juniper range. Crafted with the nimble grace of aluminium, these bikes stand as a testament to innovation and elegance in the realm of youth cycling. Within the heart of each Juniper bike lies the secret of its agility - a lightweight aluminium frame meticulously designed to blend strength with featherlight finesse. Aluminium, revered for its remarkable balance of durability and weightlessness, emerges as the choicest metal for crafting bicycles that carry the dreams of young adventurers. Exploring the Juniper Range: A symphony of style and functionality Available in a kaleidoscope of hues, from the delicate Mint to the vibrant Mango, the Juniper range beckons with its classic-inspired...
Aluminium, often praised as the unheralded champion of contemporary materials, is crucial in forging a sustainable world. Its lightweight yet resilient qualities render it indispensable across various industries—from aerospace to automotive, construction to electronics. But beyond its versatility, aluminium's environmental merits genuinely come to the forefront. Companies worldwide are moving towards aluminium. Be it transportation, packaging, or even the downstream sector, the use of aluminium has shown incredible growth. In the hands of architects, aluminium emerges as a metal of boundless creativity, enabling the design of structures previously unattainable with wood, plastic, or steel. The global drive to reduce carbon footprints has cemented aluminium's status as a favoured metal in...
