Odisha’s aluminium story is gaining another significant raw-material link, with the state government committing to provide local bauxite for Vedanta’s alumina refinery at Lanjigarh in Kalahandi. The commitment came during a September 26 meeting between Odisha Chief Minister Mohan Charan Majhi and Vedanta Chairman Anil Agarwal, as both sides discussed accelerating the company’s proposed INR 1 trillion (USD 10.42 billion) aluminium investments in the state. The focus on bauxite security is particularly relevant for Vedanta’s integrated aluminium operations in Odisha, where Lanjigarh serves as a major alumina-producing asset. The latest commitment comes alongside plans for new large-scale aluminium and alumina capacity in the state. INR 1 trillion investment, 9 MTPA proposed capacity...
The most-traded SHFE aluminium contract did not trade during the night session of September 24 and the daytime session of September 25. On September 24, the daytime session opened at RMB 24,230 per tonne, reached a high of RMB 24,265 per tonne and a low of RMB 24,175 per tonne, and closed at RMB 24,200 per tonne, down RMB 30 per tonne or 0.12 per cent from the previous close. Futures consolidated at highs before pulling back, with prices falling below the 5-day moving average while remaining above the 20/40/60-period moving averages. Medium and long-term moving averages maintained an upward pattern. Trading volume during the session was 98,900 lots, and open interest stood at 281,000 lots, down 8,300 lots, driven mainly by bulls closing positions. On the technical front, a death cross...
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AluK India, a leading global player in the design, engineering and distribution of aluminium windows, doors and façade solutions, recently launched the AluK Home Experience Centre in Gachibowli. The centre was inaugurated by Mr Nitin Bhatia of FACET Facade Consultancy, with the presence of Ms Helene Roux, President of AluK Group, Mr Subhendu Ganguly, MD of AluK India and Mr Benoît Sibertin Blanc, Global Marketing Head of AluK. Ms Helene Roux highlighted that AluK Group has been operating in India for the past nine years, with a focus on Western India. The company is now expanding its retail segment through experience centres that cater primarily to end-users, including architects and project specialists who want to directly purchase the products. Mr. Subhendu Ganguly emphasized that AluK...
On Thursday, September 7, the Aluminum Association, the aluminium industry's leading voice in the United States of America, published its monthly Aluminum Situation report, which includes early projections indicating a 4.5 per cent decline in demand for the aluminium industry in North America (comprising the United States and Canada) for the first half of 2023. As per the report, the aggregate demand for aluminium in the United States and Canada, including shipments by local manufacturers and imports, was around 13.3 million pounds during the first quarter, in contrast to the 13.9 million pounds recorded in the first half of 2022. "While aluminum demand has declined in the first half of 2023 following a buoyant 2022, it remains relatively strong compared to the past decade. Projects to...
The Minato, Tokyo, headquartered Nikkei MC Aluminium, a prominent manufacturer of secondary aluminium alloys and part of the Nippon Light Metals Group, has announced plans to install a wheel shredder and related facilities at its North American facility, Nikkei MC Aluminium America, located in Indiana. This wheel shredder facility is designed to efficiently shred aluminium wheels into recycled raw materials. However, before this development, the company had used aluminium wheels as raw materials. With the installation of this new facility, they aim to enhance their handling of these wheels and increase the overall utilization of aluminium wheels. To make this project a reality, Nikkei MC Aluminium plans to invest approximately 600 million yen, with the facility set to commence operations...
LME aluminium opened at US$2,193 per tonne on Thursday, with its high and low at US$2,199 per tonne and US$2,176.5 per tonne, respectively, before closing at US$2,196.5 per tonne. London Metal Exchange's live price graph displayed that the 3-month official price has descended by US$10 per tonne or 0.45 per cent to close at US$2,196 per tonne on September 7. The December 23 official price has dipped by US$153.75 per tonne or 6.53 per cent to settle at US$2,201.25 per tonne. LME aluminium opening stock recorded a slump of 925 tonnes or 0.18 per cent to arrive at 501,475 tonnes. Live warrants stood at 232,400 tonnes, with an extensive rise of 5,800 tonnes or 2.56 per cent. Cancelled warrants settled at 269,075 tonnes, with 6,725 tonnes or 2.44 per cent being taken away from it. SHFE...
Mercedes-Benz's venture into fragrances demonstrates the company's commitment to history and essential beliefs. The intriguing Land, Sea, and Air scent trio pays tribute to the elements reflected in the classic three-pointed star insignia. With aluminium caps on scent bottles, the eminent brand not only increases the shelf-life of the parfums but also fosters sustainability, reaffirming its dedication to environmental preservation. Notably, the Mercedes-Benz scent range has eco-friendly features. The use of recycled glass bottles and aluminium caps for the first time by a German company demonstrates the company's dedication to decreasing its environmental footprint. These materials were recycled from past applications, decreasing the requirement for fresh raw resources and reducing waste....
On August 23, the Indian Space Research Organisation (ISRO) accomplished the most aspiring journey of the decade by landing the Pragyan rover on the Moon’s South Pole. Asoka’s Lion emblem, which left a mark in the Chandrayaan-3 moon-landing mission strategically placed on the outer surface of the rover’s wheels, has been 3D printed out of AlSi10Mg aluminium powder. Many small and large manufacturers provided the fundamental support for this major success, and among them was amace Solutions Pvt Ltd, an Additive Manufacturing solutions provider headquartered in Bangalore, India. amace was responsible for the inclusion of the Lion Capital of Ashoka at Sarnath on the wheels of the Pragyan rover so that with each roll, the wheels could leave an impression behind on the Moon’s surface. The...
On Thursday, September 7, China’s 6063 aluminium billet inventories across five major consumption areas totalled 81,800 tonnes, registering a week-on-week hike of 12,200 tonnes or 17.53 per cent from 69,600 tonnes, found the Shanghai Metals Market data. From Monday, September 4, the inventories on Thursday grew by only 1,800 tonnes. Foshan continued to be the main contributor to the billet inventories growth this week, followed by Huzhou and Wuxi. To know the current status of aluminium billet inventories in more detail, refer to the chart below: In Foshan, aluminium billet inventories increased by 4,100 tonnes week-on-week but dropped by 2,600 tonnes from Monday to stand at 45,200 tonnes, followed by the gain in Huzhou by 4,000 tonnes from a week ago and 2,000 tonnes from Monday to...
On Friday, September 8, the A00 aluminium ingot price in China dipped by RMB 50 per tonne to a halt at RMB 19,420 per tonne, with the average prices between RMB 19,400 per tonne and RMB 19,440 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. On the same day, the price in Wuxi descended by RMB 100 per tonne to rest at RMB 19,400 per tonne. As per the data, in Gongyi, the price has dropped by RMB 60 per tonne to reach RMB 19,320 per tonne. The Shanghai Metals Market (SMM) data reveals that the domestic aluminium ingot prices in Foshan, Hangzhou, Tianjin and Linyi have slumped by RMB 50 per tonne to clock at RMB 19,200 per tonne, RMB 19,420 per tonne, 19,370 per tonne and RMB 19,420 per tonne. The prices in Shenyang and Chongqing...
According to a recent report, India Government is bringing off Quality Control (QC) orders issued by the Ministry of Mines to contain poor-quality aluminium, copper, and nickel sales from December 2023. This measure will leave no choice for sellers but to offer those metals whose ratings are in line with the recommendations of the Bureau of Indian Standards (BIS). Jayanta Roy, Senior Vice President at ICRA Limited, said: “The proposed quality control order will lead to the elimination of sub-grade material imports, if any, which can potentially lead to a shortage of raw material for downstream producers, resulting in a hardening of product prices in the domestic market in the near term.” In March 2023, The Ministry, in consultation with the Bureau of Indian Standard (BIS), notified about...
A novel approach to address the corrosion concerns associated with steel-reinforced concrete involves using blue clay to impart a certain amount of acidity, which is compatible with aluminium. This innovative aluminium-reinforced concrete has been claimed to resolve the aforementioned corrosion difficulties effectively. Researchers at SINTEF, a scientific institution in Norway, have successfully shown their ability to substitute a minimum of 50 per cent of the carbon-intensive Ordinary Portland Cement with calcined clay and calcium chloride. This substitution method effectively mitigates carbon emissions associated with the production process. Professor Harald Justnes, Chief Scientist at SINTEF Community, said, “Less concrete cover over reinforcement (not for durability, but mechanical...
In recent years, Yunnan Province has taken the lead in transferring aluminium sector capacity, capitalising on the benefits of renewable energy, and the creation of "China's Green Aluminium Valley" has reached a point where further acceleration is no longer possible. Upon the successful implementation of the primary industrial park initiatives aimed at integrating hydropower and aluminium processing in Wenshan Zhuang and Miao Autonomous Prefecture, as well as Honghe Hani and Yi Autonomous Prefecture, it is anticipated that the production capacity of Yunnan province will exceed 8 million tonnes. This capacity is approximately one-fifth of the total national electrolytic aluminium production capacity. Yunnan Aluminium Co. Ltd., a prominent enterprise with a longstanding involvement in the...
A forthcoming report to be unveiled next week highlights that the primary challenges confronting the UK metals sector revolve around escalating energy costs, the consequences of post-EU life, and persistent labour shortages. Approximately 25 per cent of companies surveyed in the UK Metals Council's 2023-24 State of the Metals Industry report acknowledged changing their supply chain strategies or exploring alternative sourcing options. Following Brexit, about 30 per cent of respondents expressed a desire for more government assistance in addressing trade barriers and customs procedures. However, only 22 per cent of manufacturers seek enhanced energy supply contracts to reduce costs. In comparison, 31 per cent of businesses claim to possess an efficient recruitment strategy to address the...
The Italian Sea Group (TISG), one of the largest companies in the international yachting industry, has reportedly launched the 46.5-metre aluminium catamaran, the largest in the world, named ArtExplorer. This water vessel is the first built under the brand Perini Navi since it's been acquired by TISG in late 2021. The yacht will make its first public appearance at the Monaco Yacht Show on September 27-30. The vessel will serve as a floating art gallery to showcase artistic experiences to the world. TISG has explained that the yacht's flybridge will host virtual exhibitions, workshops, and conferences, while the main saloon will house an art gallery. Both interior and exterior design of the yacht is done by French architect Axel de Beaufort, who has considered sustainability while...
It is with great pleasure that we announce that Swisstek Aluminium has been awarded the Greenhouse Gas (GHG) Verification by the National Cleaner Production Centre. This recognition is a testament to the unwavering commitment of Swisstek Aluminium towards sustainability and environmental responsibility, which is evident through its dedication to various initiatives. The GHG Verification is aligned with ISO 14064-3:2019, which is an internationally recognized standard developed by the International Organisation for Standardisation (ISO). This framework provides guidelines for verifying greenhouse gas emissions and removal statements, and the verification process adheres to strict assessments to ensure accuracy, completeness, and reliability. Swisstek Aluminium's carbon footprint monitoring...
Aluminium extrusion is one of the most popular forms of aluminium products used in various sectors for low-carbon green development. As a strong, lightweight, and infinitely recyclable metal, aluminium has been constantly gaining ground over the past few years for its unique applications in the building & construction sector and transportation. The drive towards achieving net-zero carbon emission and sustainability has further triggered the demand and consumption of aluminium extrusion in many countries, including India. AL Circle’s futuristic report titled ‘ Global Aluminium Industry Outlook 2023 ’ found the Indian aluminium extrusion demand was about 450,000 tonnes per annum in 2022, driven by the electrical and B&C sectors. The future growth is envisaged to happen in the solar power...
The negotiations that took place in early September 2023 in the Kanto region between prominent secondary aluminium alloy producers and raw material wholesalers have brought to the forefront a significant trend. This trend signifies a consecutive second rise in the purchase price of aluminium raw materials, with prices reaching a peak of JPY 5 per kilogram, as reported by our source from Japan. This upward price trajectory can be traced to a combination of crucial factors. An urgent need for manufacturers to secure their procurement of aluminium raw materials is driven by a pronounced imbalance between supply and demand. This scarcity is further compounded by a shortage of aluminium raw materials, intensifying the pressure on prices. Additionally, the substantial increase in the cost of...
The global aluminium market is a dynamic and expansive industry that plays a pivotal role in various sectors of the economy, including aerospace, automotive, construction, and packaging. China has emerged as a dominant player in this market due to its significant production capacity and strategic investments in the aluminium sector. China is home to several leading aluminium profile manufacturers, significantly contributing to the global market. Here are some top manufacturers and their unique offerings: Zhongwang Group: Established in 1993, Zhongwang Aluminium is a pioneering force and prominent player in the global industry. Its corporate headquarters are situated in Liaoyang City, Liaoning, China. Renowned as Asia's largest aluminium extrusion manufacturer and the second-largest...
The 2023 Guangxi Top 100 Private Enterprises Press Conference was held in Nanning on September 5th. Guangxi Ping Aluminum Group ranked 15th in the "2023 Guangxi Top 100 Private Enterprises" and 11th in the "2023 Guangxi Top 100 Private Enterprises in Manufacturing Industry". Leaders such as Wang Xinfu, member of the Standing Committee of the Autonomous Region Party Committee and Minister of the United Front Work Department, Huang Weijing, Deputy Director of the Standing Committee of the Autonomous Region People's Congress, Sui Guohua, Vice Chairman of the Autonomous Region and Chairman of the Federation of Industry and Commerce, and Qian Xueming, Vice Chairman of the CPPCC of the Autonomous Region were in attendance. Liang Qingmei, President of Ping Aluminum Group, was also invited. At...
