Hindalco Industries is moving to structured digital tenders for spot sales of metallurgical-grade alumina in a bid to improve transparency, broaden market participation and strengthen price discovery in the global alumina market. The company is partnering with Metalshub for the initiative through its subsidiary Utkal Alumina International. The move comes as the alumina market continues to lack the transparent, transaction-based pricing mechanism available for aluminium. Hindalco said only around 10 per cent of the 55–60 million tonnes of alumina traded globally each year in the third-party market is sold through spot transactions, even though those sales can influence benchmark prices for a much larger volume of long-term contracts. Hindalco moves alumina spot sales to digital bidding...
Four days to go, and the aluminium world is getting ready to move to Düsseldorf. From October 6-8, the city will host ALUMINIUM 2026 , with more than 800 exhibitors and partners and over 21,000 trade visitors expected at Messe Düsseldorf. The event will bring together producers, recyclers, downstream manufacturers, technology providers, equipment suppliers, policymakers and end users from across the global aluminium value chain. The 2026 edition comes at an important point for the aluminium industry. European producers are facing pressure from energy costs, international competition and tighter climate requirements, while concerns around raw material security and resilient supply chains continue to grow. At the same time, demand for aluminium is expanding across electric mobility,...
Grow with
AL Circle
According to a report on Monday, May 8, Zurich Cantonal Bank reduced its shareholding in Kaiser Aluminium Co. by 28.8 per cent in the fourth quarter. As per the disclosure with the Securities and Exchange Commission, the bank shed off 743 shares during the said quarter and owned 1,835 shares of Kaiser worth $139,000. Other hedge funds and institutional investors also recently bought and sold shares of Kaiser Aluminium. National Bank of Canada FI acquired new shares in Kaiser Aluminium worth $58,000 and Point72 Hong Kong Ltd bought a stake of nearly $80,000. Captrust Financial Advisors increased its shares by 76.1 per cent, owning 1,016 shares worth $96,000. Public Employees Retirement System of Ohio grew its position in Kaiser Aluminium by 14.2 per cent by purchasing 206 new shares. The...
According to the Shanghai Metals Market (SMM), A00 aluminium ingot price in China has fallen by RMB 110 per tonne on Tuesday, April 9, to stand at RMB 18,360 per tonne. The spot contract prices are expected to be traded at a premium price of RMB 20 to RMB 60 per tonne, with the average prices standing between RMB 18,340 per tonne and RMB 18,380 per tonne. However, on M-o-M calculation, the price has slumped by RMB 260 per tonne from RMB 18,620 per tonne due to weaker metal consumption by the downstream sector amid limited arrivals of stock in major inventories. As of today, the A00 aluminium ingot prices have fallen in all the provinces. To begin with, the prices in Foshan and Chongqing have dwindled by RMB 130 per tonne to stand at RMB 18,410 per tonne and RMB 18,440 per tonne. In Wuxi...
DWK Life Sciences has successfully acquired the US-based packaging solutions maker Assem-Pak | Aluseal, located in Vineland, New Jersey. The company has not publicised the acquisition amount. Assem-Pak manufactures premium quality rubber stoppers and aluminium seals for clients in the pharmaceutical sector and life-science organisations. The firm also provides state-of-the-art facilities like cleaning, washing, assembling and kitting of primary packaging materials. The CEO (North America) at DWK Life Sciences, Jeff Schempp, explained: “The combination of Assem-Pak’s manufacturing capabilities in rubber stoppers and aluminium seals combined with DWK’s global market access makes this a perfect fit for both companies. “We’re happy to have a great team join the DWK Group to help us achieve...
According to a recent report, Aluminium Bahrain B.S.C. (Alba)’s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa, welcomed Mr Ni Ruchi, the Ambassador of People’s Republic of China to the Kingdom of Bahrai, at Alba's premises on May 7, 2023. Alba’s Chief Executive Officer Ali Al Baqali and the officials from the Chinese Embassy in Bahrain, like Mr Li Baoan, Economic and Trade Counsellor and Mrs Wang Zhen, Second Secretary, were also present during the meeting. Commenting on this occasion, Alba’s Chairman of the Board of Directors said, “We are pleased to welcome HE Mr. Ni Ruchi and shed light on Alba’s role in the global aluminium industry and contribution to Bahrain’s economy. We look forward to boosting further cooperation and developing new commercial...
Ardagh Metal Packaging (AMP) and Crown Holdings have allied to fund a new grant under the keen eye of Washington-based Can Manufacturers Institute (CMI) to further facilitate the rigorous efforts of mounting aluminium can-capturing modules in material recovery facilities (MRFs). AMP is a Luxemburg-based beverage can manufacturing company, while Crown Holdings is a similar firm based in Philadelphia. CMI will partner with both firms to lay out the transactions, though it has not released any statement about the amount pledged by AMP or Crown. The Recycling Partnership, a Virginia-based organisation, will be responsible for working with the grant winners to understand the chronology of each project. After reviewing, they would issue the grants and channelise the upgrades and costs. CMI has...
Panellists at the Institute of Scrap Recycling Industries (ISRI) 2023 Convention & Exposition (ISRI2023) Spotlight on Aluminium session discussed investments in the North American aluminium value chain and potential impacts on aluminium scrap trade between the United States and India. "Unprecedented investment was occurring. And it's remarkable to see that the aluminum industry continues to evolve, change and grow as it continues its history. The market was precariously balanced as of mid-April. That's not good news. That's not bad news. It's just where we are at this point in time," said Steve Williamson, North America research manager for London-based CRU Group. Steve Williamson also said that secondary aluminium demand peaked from 2020 until the summer of 2022. Due to limited supply,...
Being attentive to protecting the environment and limiting our impact on the planet nowadays is not only an ethical and moral matter, but it is also a value-added to be competitive in the global market. Increasingly tightened legislation and more rigorous environmental standards force the companies to be able to combine quality, price and a reduced environmental impact, especially for those who work in the global market. Foundry Ecocer, the market leader in producing and selling products and machinery for the metallurgical treatments of non-ferrous alloys, has already started a process of reducing its environmental impact a long ago, starting to use self-produced photovoltaic energy in 2008. Over the years, investments have increased to become more efficient in energy levels. There are...
Ball Corporation announced its first quarter 2023 results on a US GAAP basis, revealing sales of $3.49 billion compared to $3.72 billion during the same period last year. That reflected a year-on-year drop of 6.18 per cent owing to lower demand and shipments. As a result, the company's net earnings declined significantly by 60.31 per cent from $446 million in 1QCY2022 to $177 million in 1QCY2023. Ball Corporation also reported that its comparable net earnings were $217 million or 69 cents per diluted share in 1QCY2023 compared to $252 million or 77 cents per diluted share in 1QCY2022. The year-on-year downfall in Ball’s financial results could be partly attributed to its Russian beverage packing business sell to Arnest Group . However, from the beverage packaging unit in North and Central...
The Alba Calciner and Alba Smelter in Bahrain have received Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC) Standard V2 (2022) Certification. This is the first Middle Eastern entity to be certified against the new CoC Standard V2, released in May 2022 after a multi-year review process. Alba was certified to the ASI Performance Standard V2 in January 2020. Aluminium Bahrain has been successfully certified against the ASI CoC Standard V2 (2022) for producing and marketing primary aluminium from alumina, petroleum coke calcination, water desalination, and anode manufacturing, smelting, casting, and captive power generation at the Alba Calciner and Alba Smelter in Bahrain. Alba is one of the world's biggest smelters, producing around 1.56 million tonnes of primary aluminium...
Google, the world’s leader in the search engine, plans to transform the search on its platform. The new avatar of the search engine will be more “visual, snackable, personal and human”. As mentioned in a recent report by The Wall Street Journal, the technology /giant will transform how the search engine presents the data to the audience with more AI-based conversations, trim video clips and social media posts, etc. This is expected to give a better experience to the person searching for information and will make the search activities more interactive, relevant and exciting. To search, users may have multiple steps to take, but this mechanism will reduce that. This move is very relevant when ChatGPT is already transforming how people search for information. Many of those conversational...
ARCC, a technology and manufacturing brand in its seventh year, is continually advancing its future thinking regarding reimagining how a bus with zero emissions should be built. Aluminium Revolutionary Chassis Company (ARCC) has sometimes produced zero-emissions buses and coaches like other companies in the industry. ARCC personnel were heavily involved in designing and deploying its first aluminium body on a Toro electric bus for Sydney Airport and further units for Brisbane Airport in 2015. The lessons learned from these initiatives formed the basis for the concepts that ARCC's engineers and management team recognised as having the potential to alter the future of zero-emissions bus and coach manufacture in Australia. Peter Murley, the Founder and Managing Director of ARCC, said, "We...
London sets an innovative sustainability model by installing The Tree Goddess made of collected aluminium cans at A2Dominion’s Beethoven Centre, Westminster. Veolia has commissioned the sculpture created by artist Faith Bebbington. It has been constituted with the help of one thousand aluminium cans retrieved from public events in the West End. The Tree Goddess was displayed last year at the Brighter Future art festival organised in Westminster, and since then, it has been travelling around London. Veolia, a waste management firm encouraging environmental consciousness, was behind the conception of this statue. The firm worked with Art of London to give the Tree Goddess an exceptional design that evokes a better future with raised sustainability standards. The structure is three metres...
Sagar Asia Private Limited, the Hyderabad-based family-owned aluminium engineering firm, has gained a strong reputation in India in the past few years as a household brand product. The company now offers four business lines, all related to climbing and access. Sagar Asia has worked tirelessly to support the government's Make in India and Atma Nirbhar Bharat programmes. To commemorate the same and on completing 40 years of business, the aluminium extrusion company is planning to establish a one-of-a-kind aluminium park in Telangana to mark its 40 years of expertise. The park spans 100 acres and will house approximately 100 Ministry of Micro, Small and Medium Enterprises (MSMEs) producing downstream and other aluminium goods. The items would be offered both in India and outside. The company...
A00 aluminium ingot price has witnessed RMB 110 per tonne levitation in China, officially closing at RMB 18,470 per tonne, as the Shanghai Metals Market recorded on May 8, Monday. The average prices are expected to range between RMB 18,450 per tonne and RMB 18,490 per tonne, with spot contracts trading at premium prices of RMB 50 per tonne and RMB 10 per tonne. The eight provinces in China all marked escalating prices today, with the aluminium price rising the highest in Wuxi by RMB 120 per tonne, resting at RMB 18,480 per tonne, followed by Hangzhou, where the aluminium price shot up by RMB 110 per tonne to close at RMB 18,500 per tonne. In Chongqing, the aluminium price increased by RMB 100 per tonne to settle at RMB 18,570 per tonne. In Gongyi and Linyi, the aluminium prices have...
Metallurgists and chemists are working on a less fantastical but comparable problem: recycling materials to the same grade 'A' quality they began life in. For instance, recycling steel may seem simple. Still, it isn't, and according to the German automotive manufacturer of luxury vehicles Audi, just a tiny portion of the materials removed from used automobiles, including steel, are used in new cars. Therefore, recycled steel from discarded automobiles is more likely to be used in the building and construction industry rather than being reused for body skins, chassis, suspension, or other components. The MaterialLoop project , in which Audi is a partner, explores this downgrading of materials when they are recycled, whether they be metals or plastics. It is known as "downcycling." The...
The European Commission (EC) has reportedly approved unconditional merger clearance for Hydro's acquisition of the Polish aluminium recycler Alumetal S.A. In April 2022, Hydro first announced a tender offer to acquire Alumetal with an all-cash transaction worth $240.4 million. But it expired during the phase 2 merger review by the European Commission. Later on, at the end of April 2023, Hydro resumed the offer process to acquire 100 per cent of the shares in Alumetal. The subscription period is expected to remain open till 2023, and the acquisition is likely to close in early July if all other conditions get fulfilled. The European Commission's merger clearance approval is one key milestone of the many to complete the acquisition of Alumetal. This deal will strengthen Hydro’s recycling...
Sustainable and circular packaging is in high demand, thus, innovations that allow users to reuse old containers are getting more attention. Besides protecting its content extremely well, refill packaging must be user-friendly, simple to recycle and environmentally friendly. With this aim, Tubex introduced the MonoRefill, a 100 per cent recycled and recyclable refill tube comprised of 100 per cent recycled aluminium (95% of which is PCR), is lightweight, and is readily recyclable. La bouche rouge was the first to use the MonoRefill, which is used for refills in its new perfume line. “We designed the MonoRefill to provide brands with a sustainable solution for refilling complex original packaging, or as an alternative to existing refills made of plastics or other materials that are hard to...
The downstream aluminium sector has been subjected to various new updates to introduce more sustainability into the material loop. The Fédération Internationale de l’Automobile (FIA) has attested to using Constellium’s Aheadd® CP1 aluminium alloy in manufacturing F1 racing cars to be launched in the 2024 season. PWR, an ASX-listed automotive cooling solutions provider, has collaborated with Constellium to use the latter’s expertise to develop various other strains of Aheadd® aluminium alloy strains applicable in additive manufacturing. Press Metal has planned the expansion of its Klang plant at Selangor to meet the rising demand for solar panels internationally. SDE Technology recently welcomed Robert Joyce as its inaugural non-executive advisor. With a wealth of experience as a supply...
