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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Novelis Inc., the world's leading sustainable aluminium solutions provider, has reportedly collaborated with Southern Company to take initiatives to achieve decarbonisation of aluminium production across North America. Southern Company, headquartered in Atlanta, is a reputed producer of clean, safe, reliable and affordable energy. The partnership will start with Novelis' new Bay Minette aluminium recycling and rolling plant through a win-win mutual settlement. As per the terms, Novelis will support Southern Company's subsidiary Alabama Power in developing two new 80-megawatt solar power generation plants in Alabama, which, in return, will provide renewable energy to Novelis' new Bay Minette aluminium recycling and rolling plant. Once this new plant comes into operation, it will help meet...
RHB Research has reaffirmed its "overweight" recommendation for the building materials sector, with Press Metal Aluminium Holdings Bhd and Malayan Cement Bhd being their top selections. The research firm's optimism regarding aluminium is driven by several factors, including the current minimal inventory levels, the increasing emphasis on sustainability with a focus on solar panels and electric vehicles, as well as the expected resurgence in demand due to the anticipated growth in China's manufacturing and property sectors in the latter half of 2024. According to the International Aluminium Institute (IAI), global primary aluminium production reached an all-time high of 6.04 million tonnes in August 2023. Aluminium smelters located outside of China, primarily in Malaysia and Iran, have...
Headquartered in China, the State Power Investment Corp Ltd (SPIC) had signed a strategic cooperation agreement with Henan Shenhuo Group on September 28. The alliance was signed under the presence of Feng Jianqing, Party secretary and chairman of the State Power Investment Aluminium Power Company, Li Wei, Party secretary and chairman of Henan Shenhuo Group, Zhao Mingjie, Party member and deputy general manager of Aluminium Power Company, and Zhang Wenzhang, Party member of Shenhuo Group and general manager of Shenhuo Shares. Based on the agreement, both parties will uphold the principle of "complementary advantages, mutual benefit, long-term cooperation, and common development." They will leverage their respective strengths to engage in comprehensive and multi-level collaboration in areas...
The aluminium industry is witnessing promising development as Emirates Global Aluminium and PT Indonesia Asahan Aluminium (INALUM) announce the successful start-up of five pilot reduction cells at INALUM's Kuala Tanjung aluminium smelter, which has been upgraded with EGA's technological expertise. The initial phase of the project aims to upgrade an additional 298 pots in Potlines 1 and 3 of the smelter, with the objective of increasing amperage from 195ka to 215ka and augmenting production capacity by about 10 per cent. EGA's technologists and engineers have invested over 10,000 hours of work in designing and implementing the Kuala Tanjung upgrade project, which includes significant improvements to the superstructure and potshells. The upgrade also integrates EGA's proprietary Pot Control...
Metra S.p.A., the Italy-based manufacturer of vertically-integrated complex extruded aluminium profiles, has reportedly completed the acquisition of Extruded Aluminium Corp. (EAC), Michigan-based recycled-content aluminium producer, and its affiliated company Belding Machinery and Equipment Leasing LLC. The news came after Metra CEO Enrico Zempedri officially announced the acquisition completion, saying: “The acquisition of EAC marks a significant milestone for Metra as it accelerates our geographic expansion within North America and continues our end-market diversification strategy, including entry into the high growth North American utility grade solar industry.” However, while announcing the news, Metra did not disclose the financial terms of the transaction. Belding Machinery, an...
ALUEXPO, one of the most important organizations in the aluminium industry world, has once again opened its doors to industry leaders and enthusiasts alike. This highly anticipated event serves as a hub for the latest advancements, innovations, and trends within the aluminium sector, fostering invaluable networking opportunities and knowledge exchange. ALUEXPO 2023 – 8 th International Aluminium Technology, Machinery and Products Trade Fair Hannover-Messe Ankiros Fuarcilik A.Ş. Date: 12-14 October 2023 Venue: İstanbul Expo Center, Halls 1, 2 and 3, İstanbul Visiting Hours: 10.00 – 18.00 Participants will establish new networks at ALUEXPO, Europe’s 2nd and Eurasia’s biggest aluminium fair. Take your place in the growing aluminium sector of Turkey and Eurasia by participating in this...
The Directorate General of Trade Remedies (DGTR), which operates under the purview of the commerce ministry, has commenced an inquiry to reassess the necessity of maintaining the anti-dumping tariff on imported aluminium alloy wheels from China. Grievances expressed by the domestic industry have prompted this action. On behalf of the domestic industry, Kosei Minda Aluminium Company (KMA), Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have applied for the initiation of a sunset review investigation for the continued imposition of anti-dumping duty levied on imports of 'aluminium alloy road wheel' exported from China. According to a notification issued by the Directorate General of Trade Remedies (DGTR), the petitioners have shown prima facie evidence...
The average alumina spot price in China has soared by RMB 4 per tonne, halting at RMB 2,965 per tonne, while the price of alumina in Shandong, Henan, Shanxi and Guizhou have all escalated by RMB 5 per tonne. The price of alumina in Shandong stopped at RMB 2,925 per tonne; in Henan, it anchored at RMB 2,960 per tonne; in Shanxi, it marked RMB 2,985 per tonne, and lastly, in Guizhou, it reached RMB 2,945 per tonne. Last year, on October 10, the alumina price was RMB 2,840 per tonne, which makes it evident that there has been a Year-on-Year growth of RMB 125 per tonne or 4.4 per cent. The CIF index of import Bauxite price has increased by RMB 0.43 per tonne to close at RMB 500.46 per tonne. On October 10, the Shanghai Metals Market witnessed a sluggish trend in aluminium prices all over...
At the London Metals Exchange industry gathering known as LME Week, Novelis Europe announced debarring Russian aluminium from its metal supply tender 2024. It is when the industry people – consumers, producers, and traders come together to buy and sell aluminium for 2024. Emilio Braghi, executive vice president and president of Novelis Europe, said: "We are excluding Russian sources in our 2024 tender to supply aluminium to our Novelis plants in Europe" Novelis currently buys some aluminium from Rusal under contracts signed before the Russia-Ukraine conflict. But since the geo-political war began, the former restrained itself from entering into new deals with the latter for aluminium, said Novelis' CEO in August. "Novelis Europe has been fulfilling some remaining contractual obligations...
Three-month LME aluminium opened at US$2237 per tonne last evening and closed at US$2247 per tonne, a US$7.5 per tonne rise or 0.33 per cent. On Monday, October 9, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$15 per tonne or 0.67 per cent to close at US$2,192 per tonne and US$2,193 per tonne. London Metal Exchange (LME) graph displayed that both 3-month bid price and 3-month offer price slipped by US$11 per tonne or 0.49 per cent and US$10 per tonne or 0.44 per cent to clock at US$2,227 per tonne and US$2,229 per tonne. December 24 bid price and December 24 offer price also fell by US$17 per tonne or 0.71 per cent to halt at US$2,353 per tonne and US$2,358 per tonne. LME aluminium opening stock settled at 495650 tonnes. Live warrants and...
The Ministry of Industry and Trade of Vietnam, pursuant to its regulatory authority and responsibilities, issued Notice No. 2537/QD-BCT on October 3, 2023. This notice signalled the commencement of introducing the first anti-dumping sunset review investigating aluminium profiles originating from the People's Republic of China. The specific Vietnamese tax codes associated with the products under investigation are 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10 and 7604.29.90 The "sunset" review by the World Trade Organization(WTO) is a law that states that when a country imposes duties on imported products because it feels they are being sold at unfairly low rates (dumping), the levies should generally expire after five years. However, before those five years are up, the government is...
The aluminium foil industry is a hidden champion, a workhorse of modern life that often goes unnoticed yet plays a pivotal role in various sectors across the globe. Today, AL Circle is thrilled to announce the launch of the comprehensive industry-focused latest report, "Aluminium Foil and its End Uses - Current Trends and Forecast," designed to shed light on this versatile material and the myriad ways it influences our daily lives. Aluminium foil, a marvel of material science, has evolved from a simple kitchen essential to a multifaceted product with an array of conventional and cutting-edge applications. It is no longer just the humble wrapper for leftovers; it is an essential ingredient in industries spanning from food packaging and pharmaceuticals to automotive and construction. As the...
During the previous week, the Indian base metals market displayed a mixed performance, with positive and negative moves and some minor price swings. Although domestic aluminium prices remained relatively stable, the imported market experienced higher price volatility. Throughout the week, the primary aluminium ingot segment has undergone several modifications. A decline in primary aluminium ingot (P1020) price was observed as the significant players curtailed their prices. It stood at INR 221,000 per tonne ex-Delhi without GST. In contrast, the price of ADC12 aluminium alloy ingot price was found stable w-o-w at INR 188,000 per tonne ex-Faridabad, leaving out GST. The market for aluminium scrap in India did not evidence any significant fluctuations regarding the price or trading...
On Friday, October 6, mining company Vedanta Limited formed a new wholly-owned subsidiary for its aluminium business named Vedanta Aluminium Metal. Registered in Maharashtra, India, the newly incorporated subsidiary will have authorised and subscribed capital of INR 1,00,000, representing a share of Re 1 each. This move is part of the implementation of demerging and separately listing business units into independent “pure play” companies on September 29. The objective is to attract investments into the expansion and growth of each of the business units. Vedanta will create six companies, each as big as the parent firm, Vedanta Resources. Shareholders owning one share of Vedanta Limited will receive an additional one share of each listed company. Vedanta Limited Board already approved late...
The International Energy Agency's (IEA) urgent Minerals and Clean Energy Summit in September 2023 addressed the pressing need to secure a steady supply of critical minerals for the global energy transition. The agency emphasized the crucial role of recycling in relieving stress on critical mineral supply networks worldwide. The International Energy Forum (IEF) developed a list of vital minerals required by modern businesses and technology in August 2023, including aluminium, indium, nickel, copper, and others. These minerals are critical to the clean energy transition and must be sourced in a sustainable manner. When it comes to recyclability, aluminium reigns supreme. Aluminium retains its mechanical and physical qualities, even when recycled infinitely, without deteriorating or...
A new report released on October 4, 2023, indicates that India could achieve a $1 trillion export-driven automotive industry by 2035, focusing on manufacturing excellence, innovation, and technological dominance. According to a report from the Boston, USA-headquartered international management consulting firm Arthur D. Little, India has the opportunity to generate an additional $400 billion in revenue by 2035, in addition to the existing $600 billion trajectory, through a strategic emphasis on exports, innovation, and technology. This concerted effort could elevate India into a prominent global automotive centre. The report suggests that players in the Indian automotive industry must enhance their capabilities and establish India as a trusted and competitive centre for vehicle...
The three-month LME aluminum opened at US$2,232 per tonne, with high and low at US$2,248 per tonne and US$2,222.50 per tonne, respectively, before closing at US$2,246 per tonne, up by $14 per tonne or 0.63 per cent. On Friday, October 6, the LME aluminium cash bid price rose by US$12 per tonne to stand at US$2,207 per tonne and the LME aluminium official settlement price increased by US$12.50 per tonne to come in at US$2,208 per tonne, following a fall of US$35.50 per tonne on the previous day. The 3-month bid price and 3-month offer price grew by US$7 per tonne and US$6 per tonne, respectively, to come in at US$2,238 per tonne andUS$2,239 per tonne, as of October 6. December 24 bid price and December 24 offer price settled at US$2,370 per tonne and US$2,375 per tonne, up by US$2 per...
China’s primary aluminium input prices have resumed the market from a week-long Mid-Autumn Festival and National Day Holiday on a high note. After remaining restrained for almost two months, China’s domestic bauxite prices have recorded a rise, particularly bauxite (4.5≤Al/Si＜5.5) Shanxi and bauxite (4.5≤Al/Si＜5.5) Henan, according to the Shanghai Metals Market. As of Monday, October 9, the former has increased by RMB 10 per tonne to stand at RMB 490 per tonne, and the latter has grown by RMB 5 per tonne to peg at RMB 500 per tonne. The average prices of the former are likely to range between RMB 480-500 per tonne, while that of the latter is estimated to hover around RMB 490-510 per tonne. The imported bauxite price has marked a rise of US$1.29 per tonne on October 9 to start the week at...
