Primary aluminium imports: According to data from the General Administration of Customs, domestic primary aluminium imports stood at approximately 186,000 tonnes in August 2026, up 0.2 per cent month-on-month and down 14.6 per cent year-on-year. Cumulative domestic primary aluminium imports from January to August 2026 reached roughly 1.657 million tonnes, a year-on-year decline of 3.4 per cent. Primary aluminium exports: Customs data showed domestic primary aluminium exports were around 22,000 tonnes in August 2026, dropping 30.7 per cent month-on-month and 14.7 per cent year-on-year. Cumulative primary aluminium exports between January and August 2026 totalled approximately 168,000 tonnes, representing a year-on-year increase of about 9.3 per cent. Net imports of primary aluminium:...
The London Metal Exchange (LME) aluminium price graph continues to drop across the pricing and contract segments on the September 24 trading session, reporting declines over the September 23 close . The LME aluminium cash bid slumped from USD 3,239.5 per tonne to USD 3,227 per tonne, rising 0.39 per cent. The offer price moved from USD 3,240 per tonne to USD 3,228 per tonne, dropping by 0.37 per cent. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid contracted from USD 3,258 per tonne to USD 3,252 per tonne, decreasing by 0.18 per cent. The offer price plunged from USD 3,260 per tonne to USD 3,252.5 per tonne, representing a 0.23 per cent...
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On February 1, 2024, China’s A00 aluminium ingot price lost RMB50 per tonne to settle at RMB 18,920 per tonne, with the average prices ranging between RMB 18,900 per tonne and RMB 18,940 per tonne. The spot contract price may be traded at a discount price of RMB 30 to a premium price of RMB 10 per tonne. The A00 aluminium ingot prices have shown a downfall in all the provinces. To begin with, the prices in Chongqing and Tianjin have descended by RMB 50 per tonne to arrive at RMB 18,900 per tonne and RMB 18,940 per tonne. On the same day, the prices in Foshan, Wuxi, Hangzhou and Shenyang dropped by RMB 40 per tonne to arrive at RMB 18,930 per tonne, RMB 18,910 per tonne, RMB 18,920 per tonne and RMB 18,950 per tonne. As per the Shanghai Metals Market (SMM) data, the prices in Gongyi and...
Introduction RPA, or robotic process automation, is the most accessible entry point to the realm of exponential technologies. Globally, the companies are driving towards RPA at an early stage of their digital transformation. The processes that are repetitive, time-consuming, and non-cerebral are the perfect candidates for RPA. The three major players in the domain of RPA are UiPath, Automation Anywhere and Blue Prism. All of them are fairly easy to learn and apply. It has also been proven through the various use cases that such technologies can significantly improve operational efficiency, increase the accuracy of work, reduce response to the market and increase employee satisfaction as they are exempted from boredom to a great extent. Because of such reasons, the global market size of...
Evolution Castings Group, which consists of the Grainger and Worrall group of companies, has recently hired Duncan Eldridge as its new CEO. Eldridge will take up the responsibility of managing the company's day-to-day operations, while Andrew Burn, the Group's current Executive Chairman, will transition to the role of Non-Executive Chairman. According to Burn, Eldridge's appointment is a crucial step in the company's growth plans. "It reinforces our desire to recruit and retain the very best people in the marketplace," he added. "Duncan's prior experience and knowledge of operating in overseas markets is going to be invaluable to the Group." Eldridge comes with a wealth of experience in international manufacturing and technology businesses. Chronology of Duncan Eldridge’s illustrative...
On Wednesday, January 31, Egypt Aluminum, popularly known as Egyptalum, the largest aluminium producer in Egypt, announced that its net profits after tax during the first half of FY2023-24 ended December 31 amounted to EGP 3.43 billion, registering a jump of 101 per cent year-on-year from EGP 1.70 billion. The revenues surged by 60 per cent to EGP 13.38 billion during the first six months of FY2023-24 from EFP 8.35 billion. Earnings per share also rose significantly during the said period from EGP 2.40 to EGP 4.83. Financial growth in Egyptalum was even observed in the first quarter of FY2023-24 ended September 30. The EGX-listed firm posted a 61 per cent hike Y-o-Y in net profits after tax from EGP 642.63 million to EGP 1.63 billion. Revenues also expanded in the September quarter by 42...
Day two at MRAI's 11th IMRC 2024 Convention & Exposition in Kolkata was even more intriguing as the first half began with the "Circular Economy ZoneTheme Park" inauguration. This interactive playground promoted the cause of recycling used objects, and it was inspirational to see MRAI indulging school kids as witness to the changing mode of circularity in India. children from a local school enjoying the show The programme schedule was packed with enlightening conversations among industry experts. The expo zone, where professionals could meet and greet for future business prospects, was also flagged on the same day. The sessions that were conducted on January 24, Day 2: Session on "Business on ELV Recycling" Session on "Vision 2030: Secondary Steel Sector Prospects & Challenges" Session on...
The Indian market for imported aluminium scrap has experienced a significant upturn in prices, driven by a surge in futures, heightened demand, increased freight rates, and limited material availability in the western part of the country. Prices for all grades of aluminium scrap have witnessed a notable week-on-week increase of $60-70 per tonne. As per reports, the tense scrap of Middle Eastern origin has risen by $60 per tonne to reach $1,720 per tonne. Meanwhile, scrap prices from the US have also increased by $35 per tonne to $1,775 per tonne week-on-week. Insiders in the market attribute the elevated freight rates to the conflict in the Red Sea, which has notably contributed to the surge in scrap prices, particularly in western India. Additionally, there are reported discrepancies in...
Where does China get its bauxite from? Ask most industry people; the answer will likely be Domestic, Guinea and Australia. Other sources, such as Malaysia, are tiny, and Indonesia has disappeared from the import data. But another country has started to appear in the industry. The China team did a survey of alumina refineries in Shanxi and Henan the other day. The survey was about something else, but in the data, Ghana has become a bauxite supplier in at least 3 refineries. Other sources mentioned by the refineries included Sierra Leone and Brazil. The survey was looking at the inventory situation and production plans. The plants reported holding anything from 15 days supply up to about 75 days. The refinery running the high inventory level was also one of the smallest. Almost all...
Wild Goose, an innovator in the realm of craft canning and bottling systems, has introduced the Spirit line of canning machines. The newly launched canning machines, namely the Gosling Spirit™ and the Evolution Series Spirit™, are optimised for improved availability across all sizes of aluminium cans. One of the notable features of the Spirit line is its compatibility with the increasingly popular single-serving 100-millilitre steel can format. These machines are designed to meet the unique needs of distilleries, providing advanced technology and precision in the canning process. "We have seen a lot of parallels between craft distilleries and craft breweries. Wild Goose was a pioneer in craft beer canning, selling our first systems to brewers in 2011. Now, with the availability of smaller...
In 2023, Africa's primary aluminium production reached 1.596 million tonnes, with an output of 133,000 tonnes in the last month of the year. According to the International Aluminium Institute survey, Africa's primary aluminium production in 2023 registered a fall of 1.48 per cent from 1.62 million tonnes in 2022. The decline in annual output during 2023 was primarily due to abysmally low production during February at 123,000 tonnes and April at 129,000 tonnes. The production in December stood at 133,000 tonnes, up by 1,000 tonnes from November 2023 but down by 8,000 tonnes or 5.71 per cent from 140,000 tonnes. Africa's daily average production in December was 4,300 tonnes, slightly less than in November despite the rise in monthly output. On a year-on-year calculation, the daily...
Lotte Aluminium Materials USA LLC and SMS group have joined forces in a strategic partnership to revolutionise the production of ultra-thin aluminium cathode foils for electric vehicle batteries. This collaboration, anchored in the heart of Elizabethtown, Kentucky, USA, signifies a pivotal moment in the aluminium industry, poised to meet the surging demand for electric vehicles. The collaboration capitalises on state-of-the-art technologies the SMS group provides, primarily focusing on digitalisation to enhance efficiency, quality, and customisation in the manufacturing process. Key Technological Advancements Lotte's ambitious goal is to produce 36,000 tons of cathode foils annually, responding adeptly to the growing demand in the electric vehicle market. The advanced digitalisation...
The Beer Institute, the longstanding national trade association dedicated to representing the beer industry, issued a response following the introduction of H.R.7078, known as ‘The False Claims Enhancement Act,’ by Rep. Ken Buck (CO-04). This proposed legislation aims to establish accountability for aluminium producers who impose tariffed prices on non-tariffed metal. The False Claims Enhancement Act explicitly outlines that it violates the False Claims Act for entities, such as aluminium producers, to inaccurately impose a tariff in a private contract where no tariff obligation exists and the funds are not directed to the government. This provision serves as a robust deterrent against individuals or organisations attempting to include a government-mandated charge when it is not warranted...
On winning the first position in the prestigious S&P Corporate Sustainability Assessment (CSA) rakings, Vedanta Aluminium, a business of Vedanta Limited, said that their commitment towards increasing resource efficiency, using more renewables in the energy mix and converting waste into wealth is now stronger than ever before. CEO John Slaven commented in a statement that Vedanta Aluminium had been partnering with its community members, prioritising energy and performance efficiency and inclusive development. Vedanta’s vision to sustainability goes beyond business compliance. They want to make positive impact on the environment, and their top rank in the S&P Global CSA testifies their commitment . John Slaven said, "We have embarked on a transformative journey where our commitment to...
Cymat Technologies Ltd. proudly talked about its inaugural order to supply AlusionTM stabilized aluminium foam panels for installation in the prestigious NEOM project, the Kingdom of Saudi Arabia's monumental endeavour backed by a staggering US$ 500 billion investment. Cymat's AlusionTM panels are set to play a crucial part in bolstering the aesthetic of the water park situated in the Sindalah district, the first region to be completed within NEOM. What is Saudi Arabia's NEOM project, and where does Cymat's expertise lie? The NEOM project, touted as the world's largest construction initiative, encompasses commercial, residential, recreational, and cultural domains. Acting as the gateway to this colossal development, Sindalah is poised to showcase the versatility and innovation of Cymat's...
The Vivalda Group has introduced MetSkin, a novel solid aluminium cladding system designed and manufactured in the UK, tailored explicitly for residential high-rise or municipal projects. This comprehensive and thoroughly tested system is produced in-house by MSP Façade Solutions, a subsidiary of the Vivalda Group located in Cumbernauld. MetSkin is available in three distinct configurations: Interlocking Plank (2mm thickness) Hook-on Cassette (3mm thickness) Tray Panel (3mm thickness) Systems Fabricated from a "premium grade" non-flammable solid aluminium sheet, the product undergoes a chrome-free powder coating process on-site to meet the Qualicoat standard. The powder coating is carried out by Prism Powder Coating, a sister company within the group that has earned the prestigious status...
On January 31, today, the SMM A00 aluminium ingot price in China has lowered by RMB 40 per tonne to close at RMB 18,970 per tonne, with the average prices hovering between RMB 18,950 per tonne and RMB 18,990 per tonne. On January 24, last week, the SMM aluminium price was RMB 18,980 per tonne, which has fallen by RMB 10 per tonne or 0.05 per cent Week-on-Week to halt at what it is today. China’s SMM A00 aluminium market trend in January If we consider the SMM aluminium price on December 29, we’ll find a Month-on-Month slump of RMB 600 per tonne or 3.06 per cent from RMB 19,570 per tonne recorded that day. Throughout the first month of 2024, China’s aluminium market flashed a declining trend, with the highest SMM aluminium price marked at RMB 19,480 per tonne on January 2. The low carbon...
LME aluminium opened at US$2,254.5 per tonne on Tuesday, with its low and high at US$2,247.5 per tonne and US$2,277.5 per tonne, respectively, before closing at US$2,271.5 per tonne, up 0.91 per cent. On Tuesday, January 30, both LME aluminium cash bid price and LME aluminium official settlement price ascended by US$12.5 per tonne or 0.56 per cent to stand at US$2,226 per tonne and US$2,226.50 per tonne. As per the LME aluminium data , 3-month bid price and 3-month offer price hiked by US$15.5 per tonne or 0.68 per cent and US$14 per tonne or 0.62 per cent to stand at US$2,264.50 per tonne and US$2,265 per tonne. December 25 bid price and December 25 offer price gained US$14 per tonne or 0.56 per cent to stand at US$2,502 per tonne and US$2,507 per tonne. LME aluminium 3-month Asian...
The United States Geological Survey (USGS) data suggests that Canada and Mexico have emerged as two of the biggest aluminium scrap exporters to the USA. Firstly, the global emphasis on sustainability and eco-friendly practices has encouraged increased recycling efforts. As aluminium is renowned for its recyclability without compromising quality, the demand for scrap as a raw material has witnessed a notable upswing. Additionally, the escalating costs of primary aluminium production have prompted manufacturers to explore cost-effective alternatives, making recycled aluminium an attractive choice. Furthermore, evolving trade relationships and market conditions have created a volatile scenario where importing aluminium scrap becomes a viable and strategic option for meeting USA's growing OEM...
Massachusetts Institute of Technology (MIT), renowned for its technological prowess, has unveiled a path-changing innovation in the realm of metal 3D printing—Liquid Metal Printing (LMP). The technology employs a graphite crucible containing molten aluminium deposited through a three-dimensional ceramic nozzle. This molten metal interacts with a layer of tiny glass beads, maintaining its form until it cools and providing necessary support. Unlike traditional metal printing systems that suffer from impracticality, LMP boasts remarkable speed and scale, enabling the rapid production of large-scale objects, such as furniture, in just a few minutes. Why is additive manufacturing one of the most hyped production methods? In recent years, 3D printing technologies have revolutionised various...
