According to SMM statistics, on September 30, aluminium billet inventory in major consuming regions in China stood at 149,500 tonnes, up 500 tonnes WoW from last Thursday and down 5,000 tonnes from this Monday, with inventory consolidating at highs and basically flat overall. On a year-over-year basis, inventory was about 35,000 tonnes higher than the same period in 2025 and about 41,000 tonnes higher than the same period in 2024, with total inventory still at the highest level for the same period in the past four years. From the perspective of warehouse withdrawals, aluminium billet withdrawals from September 21 to September 28 totalled 44,800 tonnes, holding near 45,000 tonnes for two consecutive weeks. By region, Foshan inventory stood at 69,500 tonnes, down 3,000 tonnes from last...
Rio Tinto’s Bell Bay aluminium smelter in Tasmania has secured a five-year extension, with federal and state governments providing a USD 200 million support package to keep the facility operating until the end of 2031. The agreement ends months of uncertainty over the smelter’s future, with its existing electricity supply agreement with Hydro Tasmania due to expire on December 31. Under the new arrangement, Hydro Tasmania will continue supplying power to Bell Bay through 2031, while government support will help maintain the smelter’s competitiveness. Tasmanian Premier Jeremy Rockliff said, “ The outcome we have today is the security of over 500 jobs at Bell Bay Aluminium. ” Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite &...
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Luciano Alves, a production engineer from Escola Politécnica da USP with over twenty years of experience in finance, strategic planning, and M&A, has taken over as CEO at Companhia Brasileira de Alumínio (CBA) in May. Alves joined the investor relations department after serving as Chief Financial Officer (CFO) and becoming a public company in 2021. His objective now is to strengthen communication with shareholders and investors. In an interview, Alves shared his expectations for CBA's future development, addressing the challenges of the market and growing demands for sustainability and innovation. Alves has been part of the group for eighteen years and CBA for nine years, and he has been directly involved in the strategies that are applied by CBA today. He assumes his new position with a...
Scrap Expo is a vibrant and dynamic event that brings together enthusiasts, professionals, and businesses from the scrap industry. It is a premier platform for showcasing the latest advancements, technologies, and innovations in scrap recycling and management. The event is scheduled to take place from September 12 to 13, 2023, in Louisville, Kentucky, USA. At Scrap Expo, visitors can meet diverse exhibitors, ranging from scrap metal dealers and recycling companies to equipment manufacturers and environmental solution providers. This convergence of industry leaders fosters knowledge sharing, collaboration, and the exploration of sustainable practices for handling scrap materials. The expo offers a unique opportunity to witness cutting-edge machinery and equipment in action, enabling...
Aluminium smelters in Yunnan province, China, have begun increasing production as restrictions on power usage have been eased following a recovery in hydropower output, said an analyst to Reuters. According to Li Lin, aluminium director at Chinese consultancy Aize, about 2.35 million tonnes of aluminium capacity can gradually return in Yunnan on the rise of hydropower output. Hydropower accounts for nearly 70 per cent of the total power supply in Yunnan, enabling 5.25 million tonnes of aluminium production. Yunnan, China’s fourth-largest producing region for electrolytic aluminium, had idled aluminium capacity for many months in the interim period for reduced hydropower generation. Recommencing aluminium production is expensive, but Yunnan smelters could manage it with relatively cheaper...
Aluminium Stewardship Initiative (ASI) accredited Sohar Aluminium against the ASI Performance Standard with Provisional status for its smelter and casthouse complex at Sohar, Oman. The firm manufactures high-purity primary aluminium with an annual capacity of over 390,000 tonnes in the form of ingots, sows, and hot metal, which supports Oman's thriving downstream aluminium sector. In 2021, Sohar Aluminium was enlisted by ASI as the Production and Transformation Member. "We have always aspired to be a world-class and a pioneer industrial company by pursuing excellence through adopting global best practices. SA acts in favour of protecting the environment, implementing high and safe working standards for its employees and contractors, maintaining excellent relations with its stakeholders,...
Last week, the Aluminium Stewardship Initiative (ASI) increased its membership to 300 by welcoming Wyda South Africa as an Industrial User. This achievement comes less than two years after reaching 200 members in November 2021. According to Chanel Swartz, Internal Sales, Wyda South Africa shares the same goals as ASI. The Internal Sales Head from Wyda South Africa exclaimed in a press release that his enterprise had targets similar to that of ASI: “As one of the largest foil converters in Africa, we feel the need to align ourselves to ASI in order to improve our performance and scale up our progress on key environmental, social and governance issues.” Wyda South Africa is a subsidiary of Wyda Industria de Embalagens, a Brazilian company specialising in food packaging. Wyda South Africa...
Aluminium China is a prominent event that unites value chain resources from the aluminium industry and diverse applications both locally and globally. Renowned as a leading international exhibition for the aluminium sector, it eagerly presents the newest advancements, technologies, and trends during its highly anticipated 2023 edition. Emphasizing promoting innovation and sustainability, Aluminium China 2023 guarantees to provide valuable insights and prospects for stakeholders involved in the entire aluminium value chain. The upcoming Aluminium China 2023 exhibition is scheduled to be held at the esteemed Shanghai New International Expo Center from June 5-7, 2023. Renowned for hosting top-notch industry events, this prestigious exhibition center offers a strategic location that...
On Tuesday, June 4, A00 aluminium ingot price in China has dropped by RMB 10 per tonne to halt at RMB 18,540 per tonne, as heavy rainfall in the Yunnan region has resulted in a drop in production. The spot contract price is expected to be traded at a premium price of RMB 150 and RMB 190 per tonne. The average prices are expected to range between RMB 18,520 per tonne and RMB 18,560 per tonne. The A00 aluminium ingot prices have dropped in almost all the provinces, except in Chongqing and Shenyang, where it has grown by RMB 50 per tonne and RMB 10 per tonne to score at RMB 18,610 per tonne and RMB 18,510 per tonne. China's recovery is expected to continue, although at a sluggish pace, with investment and industry trailing behind. On M-o-M calculation , the A00 aluminium ingot price has also...
The Indian Prime Minister Narendra Modi's recent visit to the United States and Egypt has brought in a solution from both the economic and strategic perspectives. The bilateral meeting among the three countries has resolved six major disputes at World Trade Organisation related to aluminium, steel, renewable energy, and solar cells. Out of six, three disputes were raised by the US against India (DS456, DS541 and DS585), and the latter raised the remaining three against the former (DS436, DS510 and DS547). Following the meeting, the United States agreed to give market access to aluminium and steel products under the exclusion process of Section 232 of the Trade Expansion Act 1962, which will again provide export opportunities to the Indian aluminium and steel manufacturers after a long gap...
On July 3, Monday, the LME aluminium cash bid price halted at US$2,105 per tonne and the LME aluminium official settlement price anchored at US$2,107 per tonne, witnessing a surge of US$9 per tonne and US$10.50 per tonne, respectively. The LME cash bid price spiked by 0.43 per cent, and the LME official price rose by 0.5 per cent. One year back, on July 1, the LME aluminium spot price was US$2,384 per tonne, which has slumped US$277 per tonne or 11.6 per cent Year-on-Year to settle at what it is today. Uncertainty persists in the debt ceiling negotiations and the potential increase of US Fed interest rates. Consumption recovery is weaker than expected, and there is an accumulation of aluminium ingot inventories. Declining prices weaken aluminium price support, and SHFE aluminium may drop...
Since 2006, Global Automate has been an esteemed manufacturer of a wide variety of industrial products. Their impressive product line includes T-slot aluminium profiles, die-cast corner brackets, T nuts, straight connectors, end caps, levelling bases, profile covers, hinges, and knobs. They are headquartered near the renowned Swami Sarnath Temple in Maharashtra, where they are known for their unwavering commitment to producing superior-quality aluminium products. Moreover, they offer end-to-end solutions for aluminium-profile display boards, workstations, trolleys, racks, fencing, and enclosures, making them a one-stop solutions provider for all your industrial needs. Aluminium profiles from Global Automate come with a wide area of applications, ranging from construction to usual...
The pandemic has profoundly altered the world of work, resulting in a more mixed paradigm. This transition has created a new challenge: guaranteeing equitable participation and inclusion in meetings for remote and in-office personnel. To combat this, Logitech introduced the Sight AI Camera, which aims to bridge the gap between hybrid teams. Logitech is dedicated to making the world a more climate-friendly place by actively trying to decrease the carbon footprint of its products. As a result, Logitech Sight will be manufactured in part from low-impact materials such as low-carbon aluminium and post-consumer recycled plastics and will be distributed in ethically sourced packaging. According to Logitech, the packaging is purchased ethically for sustainable initiatives. The Logitech Sight AI...
Mibet has recently unveiled its latest floating solar panel system, the G5, which represents the fifth iteration of its floating systems. The G5 boasts an impressive composition of high-density polyethylene (HDPE) plastic floats and aluminium alloy support legs, ensuring exceptional weather resistance and safety. The system's innovative design significantly reduces the likelihood of component cracking caused by wind and wave forces. The system's modular nature also allows for expansion in various configurations, including parallel or symmetrical double rows. Moreover, using aluminium and HDPE makes the structure feather light so that it might float effortlessly. The R&D centre head notes that the G5 has experienced significant performance advancements compared to previous generations of...
Hydrovolt, one of Europe's largest car battery recycling plants, is leading the way in sustainability by recycling damaged or faulty electric vehicle batteries. The plant is pushing the shift to a decarbonised economy by turning them into a precious powder known as "black mass," made of essential minerals such as nickel, manganese, cobalt, lithium, and graphite. The 'black mass' powder will be supplied to other battery manufacturers, while the aluminium produced during the process will be sent to Hydro for recycling. Hydrovolt was established by Northvolt and Hydro to deliver sustainable battery recycling in Europe and ensure that no battery is ever wasted. "Black gold" is touted as eco-friendly as it comes from recycling rather than being mined in faraway countries. "The higher the...
This summer, EOS GmbH is gearing up to release its latest high-strength aluminium alloy, the EOS Al5X1, which was recently showcased at the RAPID + TCT event. The development of this material is the result of EOS' new material screening programme, which considers its customers' specific requirements and application designs. One of the key features of aluminium alloy EOS Al5X1 is its anodising and electropolishing capabilities, which give customers the flexibility to tailor the material's finish to their specific needs. Additionally, the material requires only one heat treatment step, simplifying the manufacturing process and reducing overall production costs. EOS claims that the aluminium alloy EOS Al5X1 boasts a high fatigue performance due to its impressive strength of 410MPa and...
Dinsheng New Materials, China's largest aluminium foil, sheet and coil manufacturer with approximately 500,000 tonnes of capacity, is reportedly acquiring Italy's Slim Aluminium by spending EUR 56.3 million (US$61.2 million). The acquisition will include Slim's production plant in Italy as well as the one in Germany, which will enable Dinsheng to expand its battery aluminium foil business. The news came on Friday, June 30, after Dinsheng officially announced that it would buy the Italian company from owners Rolling Mills International Holding and Rolling Mills International. The purchase of Slim Aluminium's two plants will add 135,000 tonnes of aluminium sheet and foil production capacity to Dinsheng. Once the acquisition is over, Dinsheng's business in Europe will cover the whole...
On Friday, June 30, Alumaze announced the opening of its new manufacturing facility for Aluminium Composite Panels (ACP) in Visakhapatnam. Alumaze Managing Director Pawan Hirawat said the firm was founded with a 50 crore investment to fabricate ACP sheets in Ravada hamlet of Bhogapuram in Vizianagaram district. Construction was finished in a record-breaking eight months, although production has recently begun. He said that the panels have recently become highly popular in constructing structures and putting up signboards. The eco-friendly panels that have replaced wood are also widely employed in interior décor. He predicted that demand for aluminium panels would rise higher in the future. Mr Pawan said the firm was initially meant to be established in Hyderabad, but the Andhra Pradesh...
BOC is the primary supplier of hydrogen to six selected projects in Phase 2 of the UK government's Industrial Fuel Switching Competition. The IFS Competition aims to demonstrate the feasibility of fuel switching and related technologies and help industries switch from high-carbon fuels. BOC has already proven the potential of hydrogen as a low-carbon alternative in the previous round of the competition, and now, the company will support the demonstration of fuel switch solutions for industrial processes across additional industrial sites. The UK government is funding these projects through the £55m Industrial Fuel Switching Competition, which is part of the £1bn Net Zero Innovation Portfolio (NZIP). BOC will provide gas pressure control technology to various industrial processes,...
Novelis, an independent US-based subsidiary of Hindalco Industries and a leading producer of aluminium, is expected to face pressure on margins for at least the next two to three quarters due to weaker demand in the building and construction sector, reduced aluminium can stocking, and lower aluminium prices, according to Kotak Institutional Equities. Kotak has granted an ‘add’ rating to Hindalco’s shares for a target price of INR 455 but foresees pressure for the near term. Sumangal Nevatia and Siddharth Mehrotra of the brokerage commented that although stocks are being traded at an inexpensive 5.5X EV/EBITDA FY2025E yet the obscure outlook of Novelis' earnings and sluggish aluminum prices are likely to keep the stocks under pressure. Kotak Institutional Equities expects Novelis’ earnings...
