The Symbiosis concept pairs a premium aluminium outer shell with a transparent inner bottle, while the partners highlight low-carbon aluminium and future sustainability development. GEKA and AXILONE have partnered to introduce Symbiosis, a luxury beauty packaging concept combining GEKA’s injection blow-moulding technology with AXILONE’s expertise in premium aluminium packaging. The concept will be showcased at Luxe Pack Monaco, presenting a design that brings together a premium aluminium outer shell and a see-through inner bottle. The inner bottle’s transparent windows allow consumers to view the formulation’s colour and texture, adding a sensory element to the packaging. The combination is designed to offer beauty brands a distinctive appearance alongside a tactile product experience....
With the Mid-Autumn Festival and National Day holidays approaching, secondary aluminium alloy enterprises have successively finalized their production and holiday arrangements for the festive period. SMM recently conducted a survey on the double-holiday production plans, pre-holiday stockpiling, and raw material procurement of some secondary aluminium alloy enterprises, covering a total capacity of 4.2 million mt. The following is a summary of the survey findings: According to the SMM survey, during the 2026 Mid-Autumn Festival and National Day holidays, secondary aluminium alloy enterprises generally arranged for continuous production or brief shutdowns, though some enterprises extended their holiday duration compared with 2025. Among the 25 sampled enterprises, more than half had...
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According to the Shanghai Metals Market, China’s social inventories of aluminium billet stands at 107,200 tonnes as of Thursday, October 19, reflecting a week-on-week fall of 5,600 tonnes from 112,800 tonnes. From Monday, October 16, inventories fell by 3,000 tonnes from 110,200 tonnes. The fall in inventories this week could be attributed to higher consumption and slower arrivals of stocks to warehouses. To know the current status of aluminium billet inventories across China, refer to the chart below: As the above chart indicates, aluminium billet inventories in Foshan and Huzhou have experienced a fall of 2,000 tonnes to stand at 47,700 tonnes and 22,000 tonnes, respectively, on October 19. In Wuxi and Nanchang, inventories have dropped by 1,300 tonnes and 1,000 tonnes, respectively, to...
Change is the only constant thing in life one can be sure about. Change is everywhere, from the weather around us to our daily schedule to even the leadership in a company. Effective leadership plays a crucial role in achieving an organisation's success, given the inevitability of change within the business context. Adopting a culture characterised by resilience and adaptation can provide a team with the capacity to effectively navigate unforeseen crises, organisational transformations, dynamic market circumstances, and cultural fluctuations. During the past few months, top companies like LME, Tubex, Reynaers, etc, across the aluminium value chain have witnessed many changes in their leadership. Change in leadership or appointing new people in an organisation also ensures a new outlook or...
EOS has made an exciting announcement regarding the launch of its new Aluminum Al5X1 aluminium alloy. It was rumoured earlier this year that EOS would be releasing the high-strength alloy after showcasing sample parts at RAPID + TCT. The commercial availability of Al5X1 will begin in November for EOS M 290 users, followed by the EOS M 400-4 next year. According to EOS, the Al5X1 3D printing material exhibits a 14% elongation with an ultimate tensile strength of 410 MPa. The material requires only a single-step heat treatment with no Hot Isostatic Pressing, resulting in quicker and more cost-effective part manufacturing. Additionally, parts printed in EOS Aluminum Al5X1 can be electropolished and anodised with no limits to potential colour choices for cosmetic and corrosion-resistant...
The United States aluminium scrap exports in July 2023 were recorded at 173,000 tonnes, down by 7,000 tonnes or 4 per cent from 180,000 tonnes in June, found the US Geological Survey. In June, the export stood at 180,000 tonnes, reflecting a plunge of 16,000 tonnes or 8.16 per cent from 196,000 tonnes in May. Thus, the United States aluminium scrap exports marked two consecutive months of fall after a hike in May by 17.37 per cent from 167,000 tonnes in the previous month. On a year-on-year calculation, the US aluminium scrap exports in July registered a hike of 11.61 per cent from 155,000 tonnes. In the first seven months of the year, the United States exported 1.21 million tonnes of aluminium scrap – 4.3 per cent more than 1.16 million tonnes than a year ago. To India, the US exported...
Every year, with the arrival of Durga Puja, the cultural capital of India, Kolkata gets ready to display an array of superbly talented pandal makers, sculptures and decorators. Durga Puja is a festival that has a significant economic impact on the city. According to a report in 2019, it was estimated the festival yielded approximately INR 28,000 crore (around $3.8 billion USD) in revenue from spending on decorations, clothing, food, transportation, and other related expenses. The same year, Kolkata had a tourist count of about 5 million, and it has been calculated the festival resulted in the temporary employment of 150,000 artisans and craftsmen. The celebration is not just a continuation of an age-old custom, but Kolkata has shown how traditions evolve with time, incorporating various...
Recycling is the best way to maximize resources. GME Recycling, an Italian leader in non-ferrous metal scrap recycling, introduces the MAX 1700 Hammer Mill . With 40 years of experience, GME is dedicated to advancing circular innovation for global sustainability. This launch highlights their commitment to resource efficiency and environmental responsibility, emphasizing recycling as a vital means to enhance resource usage for a more sustainable future. The recent introduction of the MAX 1700 Hammer Mill is poised to significantly contribute to the recycling of aluminium, a material renowned for its infinite recyclability and enduring properties. As aluminium maintains its integrity throughout multiple recycling cycles, this advanced Hammer Mill stands as an invaluable asset for...
Aluminium oxide, popularly known as alumina, is a direct resource of primary aluminium production. With the passage of time, as aluminium demand is rising, a timely need for alumina is being increasingly felt. The potentiality of the alumina market is mammoth, with an estimated growth rate of CAGR 5.89 per cent. Many market studies show that the alumina market size will most likely grow from US$48.22 billion in 2022 to US$72 billion in 2030. To tap this market, many new projects and expansions are underway. This article will explore some of them that started this year. Iran-China ties to start off alumina production : At the beginning of 2023, a report came from an official that Iran began the research to discover the possibility of producing 500,000 tonnes of alumina annually from...
The Madras High Court recently issued a ruling on the classification and taxation of aluminium foil containers. The court determined that the product should be categorized under 7615 with a 12% Goods and Services Tax (GST) rate, resolving a dispute between the petitioner M/s. Veeram Natural Products, and the tax authorities. Before the introduction of the GST system, aluminium foil containers were subject to taxation under the Central Excise Law and were categorized under Chapter heading 7607 with a duty rate of 12.5%. After the implementation of GST, the petitioner reclassified the product under 7615 with a 12% tax rate. However, the tax authorities disagreed and argued that the product should be categorized under 7607 with an 18% tax rate. The petitioner's legal representative argued...
The Russian aluminium industry leader is currently evaluating potential shutdown options for a number of its unprofitable facilities due to the combination of low aluminium prices and financial setbacks resulting from the implementation of an "exchange rate" export duty, as reported by Interfax, the Moscow headquartered Russian news agency. Interfax has received information from an undisclosed source indicating that the closure of unprofitable production facilities is unavoidable in light of the current prices on the aluminium exchange. The aluminium powerhouse has yet to officially respond to inquiries regarding the potential closure of several of its plants. However, a representative from one of its stakeholders, holding a 25.72 per cent stake in the aluminium company, stated that the...
The US aluminium powerhouse is evaluating several alternatives, one of which is the potential closure of the Kwinana alumina refinery. This decision comes amid the company’s efforts to get approval for the clearance of more Jarrah forest for bauxite mining. Concerns have been raised over the potential impact of this mining activity on the drinking water supply of Perth. As per the reports from Wall Street analysts the American organisation is exploring many strategies to reduce expenses and enhance profitability at the factory, which has been operational for six decades. The refinery, which produces alumina from bauxite for shipment to aluminium smelters, employs around 1200 people, including 900 employees and 300 contractors. The announcement comes barely two weeks after spokesperson in...
Alro, one of the largest vertically integrated aluminium producers in Europe in terms of production capacity, has recently announced that it has signed a new multi-year agreement with Airbus, a leading aircraft manufacturer. Under the terms of the contract, Alro will supply aluminium flat-rolled products for the manufacturing of aircraft. This renewed contract was initially signed in 2016 , and both companies have agreed to continue their partnership. The production of plates for the aerospace industry is a crucial part of ALRO’s strategy to diversify its production of high and very high added-value aluminium products. This diversification has been made possible thanks to the company's constant investments in sophisticated technology. Over the past 20 years, ALRO has invested more than...
In Q3 2023, Alcoa Corporation delivered noteworthy results, with increased third-party shipments, enhanced cash flow, and significant achievements. Highlights: They increased third-party alumina shipments by 11 per cent and aluminium by 1 per cent sequentially. A cash balance of $926 million was reached by the end of the quarter. A quarterly cash dividend of $0.10 per share, totalling $18 million, was paid. Progress was made in securing approvals for Western Australia mine plans. Multiple production records were achieved in the Canadian smelting system. A cost reduction program was initiated at the Kwinana refinery in Australia. Greater market penetration was achieved for Alcoa's Sustana™ line of low-carbon products. William F. Oplinger, Alcoa's President and CEO, emphasised their...
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest and smartest smelters, has recorded zero heat-related illnesses and injuries across its operations for the seventh consecutive year in 2023. This is regarded as a remarkable achievement in the aluminium industry. Alba took various means to keep its employees and contractors safe during the challenging summer. They introduced hydration surveys, conducted heat awareness sessions and workshops, distributed cooling cloths to personnel to keep their body temperature cool in hot environments, and administered plant-wide summer safety campaigns and mini-safety campaigns throughout the year. In addition, Alba kept sharing Wet Bulb Globe Temperature (WBGT) index management and communication four times a day during the hot summer months to...
LME aluminium opened at US$2,180 per tonne on Wednesday, with its high and low at US$2,199 per tonne and US$2,178.5 per tonne, respectively, before closing at US$2,189 per tonne, an increase of US$12 per tonne or 0.55 per cent. The LME aluminium live price chart on October 19 witnessed heightening aluminium price trends, with the LME aluminium cash bid price and the LME aluminium official price rising by US$28 per tonne or 1.3 per cent to officially close at US$2,176 per tonne and US$2,176.50 per tonne. If the aluminium price on October 18, last year, is considered, we can calculate a Year-on-Year drop of US$24 per tonne or 1.09 per cent. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have gathered US$15 per tonne or 0.69 per cent to stop at...
Aluminum Dynamics, the newly formed aluminium operations of Steel Dynamics, Inc., has contracted Gillespie & Powers Inc. along with their strategic partners Hustler Conveyor Company, American Pulverizer Company, and ETA Engineering for the supply of their furnace equipment, pre-treatment equipment and air pollution control equipment for their recently announced, state-of-the-art facilities in Columbus, Mississippi, Gila Bend, Arizona, and San Luis Potosi, Mexico. This package includes shredders, conveyors, hot and cold air pollution control equipment, melting furnaces, holding furnaces and treatment equipment up to the casting table of various sizes and configurations. It is designed to produce automotive, can and common alloy aluminium sheets of the highest quality to Aluminum Dynamics...
Shenyang Aluminum and Magnesium Institute Technology Company (SAMTC) recently completed the wireless communication project for the multifunctional crown block at Shaanxi Nonferrous Yulin Electrolytic Aluminium Factory. The project utilized a new generation of industrial communication technology, incorporating 5GHz fast mobile roaming wireless technology. This implementation achieved dual-channel wireless hot standby redundant communication for a multifunctional crown block in an electrolysis workshop. The result is a novel and reliable mobile communication solution for mobile operating equipment, including multifunctional units. This project addresses several issues encountered in the 24 multifunctional crown blocks at Shaanxi Nonferrous Yulin Electrolytic Aluminium Factory. These issues...
On Thursday, October 19, China’s A00 aluminium ingot price gained RMB 90 per tonne to clock at RMB 19,110 per tonne, with the spot contract price traded at a premium price of RMB 90 to RMB 130 per tonne. The average price on the same day may range between RMB 19,090 per tonne and RMB 19,130 per tonne. As per the SMM data, the prices in Chongqing and Linyi have hiked by RMB 160 per tonne and RMB 140 per tonne to clock at RMB 19,070 per tonne and RMB 19,090 per tonne. In Wuxi and Shenyang, the A00 aluminium ingot prices have ascended by RMB 120 per tonne to settle at RMB 19,040 per tonne and RMB 19,090 per tonne. The price in Hangzhou has added RMB 110 per tonne to reside at RMB 19,030 per tonne. In Gongyi and Foshan, the domestic aluminium ingot prices have expanded by RMB 90 per tonne and...
18 th OCTOBER 2023: UK’s largest aluminium can facility in Kettering, Northamptonshire, UK, owned by Ball, has been recognised for its work on sustainability, community engagement and employee-led culture, winning two categories at the NNBN awards on Friday 6 th October, taking place at the Kettering Plant Hotel. The NNBN Business Awards acknowledge and celebrate innovative, hardworking, and enterprising businesses across the County of Northamptonshire. Ball Beverage Packaging was awarded first place in both the Business of the Year and The Green Award categories. These awards celebrate the work the global aluminium packaging manufacturer has done over the last 18 months. The Kettering plant, which started production activities in February this year, is a cutting-edge facility that...
