Germany’s aluminium industry is facing growing pressure from energy costs, international trade conflicts, industrial competitiveness and the need for skilled workers as the country works to strengthen its industrial base and accelerate the economic transformation. These challenges came into focus at an Aluminium industry conference hosted by IG Metall and IGBCE in Düsseldorf today, bringing together policymakers, aluminium producers, industry representatives, works council members and trade unionists. Held at the opening of the Aluminium trade fair in Düsseldorf, the conference focused on the future of Germany’s aluminium industry and the conditions needed to maintain a strong industrial base in Germany and Europe. The discussions centred on European industrial policy, the competitiveness...
Vedanta Aluminium reported record quarterly production across aluminium, alumina and value-added products in Q2 FY27, supported by capacity expansion and efficiency improvements. Vedanta Aluminium Metal Limited, India’s largest aluminium producer, recorded its highest-ever quarterly aluminium production of 649,000 tonnes in Q2 FY27, up 5 per cent year on year from 617,000 tonnes in Q2 FY26. Aluminium output also increased 3 per cent quarter on quarter from 632,000 tonnes in Q1 FY27. For the first half of FY27, production reached a record 1,281,000 tonnes, up 5 per cent from 1,222,000 tonnes in H1 FY26. The company attributed the increase to new smelter volumes and efficiency improvements across existing production lines. Alumina output jumps 37 per cent Vedanta Aluminium’s alumina...
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After a feasibility study approved its potential outcomes, USA-based aluminium giant Alcoa is about to set up a steam recycling technology or MVR module focused on reducing emissions. As early as 2021, Australian Renewable Energy Agency (ARENA) allotted $11.3 million to run a feasibility study scrutinising the technical and commercial possibility of incorporating Mechanical Vapour Recompression (MVR) powered by renewable energy in Australian alumina refining processes. As the study has yielded positive results, Alcoa is on its way to purifying the next stage of its refinery for the future project by mounting a 4 MW MVR module at the Wagerup alumina refinery located in Western Australia. Alumina is extracted from bauxite which is then thrown into a series of technological processes to...
India’s aluminium scrap imports from the United States have been falling through the past three months to reach as low as 28,800 tonnes in November 2022 versus 40,800 tonnes in October, according to the US Census Bureau data. That was a month-on-month decline of 12,000 tonnes or 29.41 per cent in India’s aluminium scrap imports from the US during November. The imports in October also fell from the previous month, although slower, by 1,000 tonnes or 2.39 per cent from 41,800 tonnes. On a year-on-year calculation, India’s aluminium scrap imports from the US during November 2022 edged a sharp downfall of 20,100 tonnes or 41.10 per cent from 48,900 tonnes. Given the slowdown in India’s aluminium scrap imports from the United States since the last three months of 2022, the total volume of...
Launched by Alex Freire and Gabriel Rochael, the Xeque Mate Bebidas is a blend of rum, mate, guarana, and lemon offered in 355-centimetre aluminium can. Initially sold in glass bottles, the decision to switch to aluminium cans was traditionally associated with beverage companies using the metal to lower waste creation and also increasing consumption in public areas. The firm operates out of a 2,000 m2 factory with 90 staff and a 300,000-litre monthly production capacity. The novelty quickly travelled to parties in So Paulo, where it arrived eight months ago and already has 100 points of sale, including street vendor carts in the streets, and Belo Horizonte, which already has 300 points of distribution of the drink pre-carnival. It was first sold by the partners in glass bottles made at a...
Shanghai Metals Market reported, based on CCTV news and CCTV international news, that although the catastrophic earthquake in Turkey brought devastating effects, including 5,894 people killed in Turkey and 1,832 in Syria, it barely disrupted the local aluminium industry. Seydisehir, the only primary aluminium smelter in Turkey, owned by Eti Aluminium, located nearly 500 kilometres away from the source of the earthquake, was unaffected. The smelter has an annual capacity of 80,000 tonnes of aluminium and 260,000 tonnes of alumina. On February 7 local time, the World Health Organization stated that as many as 23 million people were affected by the devastating earthquake. However, like Seydisehir, many downstream aluminium processing plants in Istanbul, 1400 kilometres away from the...
On Monday, February 13, China’s A00 aluminium ingot price opened the week with a fall of RMB 100 per tonne to halt at RMB 18,470 per tonne, with the average prices standing between RMB 18,450 per tonne and RMB 18,490 per tonne. The spot contract price is expected to be traded at a discount price of RMB 50 to RMB 10 per tonne. On a W-o-W calculation, the A00 aluminium ingot price dropped by RMB 280 per tonne from RMB 18,750 recorded Monday. The A00 aluminium ingot price has decreased in all the major provinces. The highest has been witnessed in Foshan and Chongqing, where the prices dropped by RMB 110 per tonne to close at RMB 18,460 per tonne and RMB 18,490 per tonne. On the same day, the prices in Shenyang, Tianjin and Linyi dipped by RMB 100 per tonne to peg at RMB 18,500 per tonne and...
LME aluminium opened at US$2,504 per tonne last Friday and closed at US$2,455 per tonne, a decrease of US$52 per tonne or 2.07 per cent. The LME aluminium price has been on a constant decline since the beginning of February with the first signs of upward inclination shown last Friday. On February 10, Friday, the LME aluminium cash bid price spiked by US$10 per tonne or 0.41 per cent to close at US$2,434 per tonne and the LME aluminium official settlement price gained US$10.50 per tonne or 0.43 per cent to stop at US$2,435 per tonne. The 3-month bid price remained hung at US$2,465 per tonne, with no notable price loss and the 3-month offer price went down by US$1 per tonne or 0.04 per cent, officially closing at US$2,466 per tonne. December 24 bid price and December 24 offer price have...
On February 7, 2023, the world's leading sustainable aluminium solutions provider and leader in aluminium rolling and recycling, Novelis , announced that it received the '2022 Supplier of the Year' award from Hyundai Motor Group at the auto maker's annual 'Partnership Day' held in South Korea on February 3. Novelis was honoured in the material supplier category by Hyundai Motor Group based on a comprehensive evaluation of its aluminium and steel material suppliers in supply chain reliability, quality, and technical support. Novelis is the first aluminium sheet supplier named ‘Supplier of the Year’ by the South Korean automotive giant. Novelis supplies automotive aluminium sheets produced at its technically advanced rolling facility in Ulsan, South Korea, for internal and exterior...
Golkonda Aluminium Extrusions Ltd, formerly known as Alumeco India Extrusions, has reported a total income of INR 0.106 crores during the quarter ended December 31, 2022, compared to INR 0.224 crores during the quarter ended September 30, 2022. The company posted a net profit of INR 0.004 crores for the quarter that ended December 31, 2022, against a net profit of INR 0.449 crores for the quarter that ended September 30, 2022. The company has reported an EPS of INR 0.01 for the period ended December 31, 2022, compared to INR 0.85 for September 30, 2022. However, the company has reported a total income of INR 0.106 crores during the period ending December 31, 2022, compared to INR 0.218 crores ending December 31, 2021.
The use of giant aluminium die-casting machines, such as those made by Tesla supplier IDRA Group, can reduce manufacturing costs by up to 40 per cent by replacing around 60 welded components. Massive casting equipment, commonly called Gigapresses , was invented by Tesla to produce single, enormous pieces of vehicle underbodies, expedite production, and lighten the workload of even robots. As a result, it has become the most profitable manufacturer of battery electric vehicles (BEVs). Critics claim that the approach carries dangers to quality and adaptability because a single defect might jeopardise the integrity of an entire module and make troubleshooting more challenging. However, as raw material costs rise and the industry struggles to maintain profit margins, automakers, including...
The South Korean multinational manufacturing conglomerate, Samsung ’s flag-bearer product line and when it comes to a trustworthy premium android experience, Samsung Galaxy S series has redefined the peak performance for millions. Galaxy S23 lovers are swooning over the recently-launched series like never before. The 200MP Adaptive Pixel sensor on the Galaxy S23 Ultra captures spectacular moments with amazing precision. To handle many levels of high-resolution processing concurrently, it uses pixel binning. The Galaxy S23 series incorporates rapid autofocus and the first Super HDR selfie camera, moving from 30fps to 60fps, for considerably superior front-facing photos and movies. Selfie cameras are now more crucial than ever to how we interact. The gadget is also environmentally friendly....
On February 10, 2022, the Indian state-owned integrated aluminium company, National Aluminium Company Limited (Nalco), reported a net profit of INR 274 crore in Q3 FY 2022–2023, a rise of 61% from the previous quarter. According to the reviewed financial results for the third quarter of FY 23 that the Board considered on February 11, 2023, in Bhubaneswar, the Navaratna CPSE company recorded a net profit of INR 274 crores, up from INR 170 crores in the previous fiscal quarter. The net sales turnover for the third quarter was INR 3290 crore. Despite a significant increase in overall production, lower alumina sales volume during the quarter, higher input prices, and the volatile and challenging global business environment all impacted profit margins. Sridhar Patra, the CMD of Nalco , said,...
After the Paris Environmental Act of 2015, all the major aluminium consuming regions on the planet are finding ways to increase the use of recycled aluminium. RUSAL, Russia’s giant producer of aluminium has decided to process end-of-life aluminium or scrap aluminium into foundry alloys so that they can be used in the automobile industry. This has helped in tanking 20 per cent of the carbon emissions usually produced. Hydro has posted about making post-consumer aluminium scrap ingots in its Wrexham plant in UK opening almost 30 new job opportunities. Cans4City has been successful in raising over £10,000 with Exeter City Football Club (ECFC) and Exeter City Council by recycling used aluminium beverage cans. With its headquarters in Düsseldorf, Germany, Lindemann Metal Recycling has been...
Last week the end-user aluminium sector witnessed some valuable advancements like SIG declaring to use only ASI-certified aluminium for the creation of their trademark packaging solutions and Ball Corporation, one of the top contributors to ESG standards being mentioned in the 2023 Sustainalytics list. Altech Chemicals Ltd. posted about the recent upgrades to its Silumina Anodes TM pilot plant project in Saxony and how the company has cleared all the primary feasibility tests for commercialisation of this flagship product. Aluminium is a metal found in most of the essential items on the planet but who could have used some of those items for artwork? This mission was accomplished by Indian artist Subodh Gupta who was invited to the 8th edition of Contemporary Art, organised at Le Bon...
Novelis Inc. posted its third-quarter financial 2023 results. According to the data, net income attributable to its common shareholders decreased from the prior year by 95% to $12 million, principally because adjusted EBITDA was lower, and there was a negative metal price lag caused by the current year's dropping local market premiums for aluminium. The Japanese partner Kosei's remaining 22.64 per cent stake in the joint venture business Minda Kosei Aluminium Wheels would be purchased by the Gurgaon-based Uno Minda Group for INR 115.5 crore. The development of a 12 mm aluminium wire rod for the electrical sector was announced by Vedanta Aluminium on Thursday, February 9, at its inaugural International Aluminium Conference (IAC) 2023. According to the company's announcement, the sale of...
Aluminium Stewardship Initiative (ASI) announced that Aludium's plant in Alicante and Amorebieta (Spain) was successfully certified against the ASI Chain of Custody Standard V1. These facilities just received re-certification after achieving ASI Performance Standard Certification in December 2019. The certification applies to the Aludium Alicante plant (Spain), which includes the casthouse, cold rolling, finishing, administrative facilities, and R&D Center, as well as the Aludium Amorebieta plant (Spain), which consists of the casthouse, hot rolling, cold rolling, finishing, and administrative facilities. The business manufactures aluminium products utilised in many downstream industries, such as building and construction, packaging, and transportation. "The ASI CoC certification is a...
Vedanta Limited has further reduced its aluminium ingot and aluminium products prices in response to the incessant LME aluminium price fall for over a week. The latest price chart indicates the company’s aluminium wire rod price has experienced a cut of INR 5,000 per tonne or 2 per cent, with effect from Friday, February 10, to stand at INR 238,750-246,250 per tonne versus INR 243,750-251,250 per tonne on February 7. Vedanta’s aluminium billet price has also been axed by INR 5,000 per tonne, although at a lower rate than the cut of INR 6,250 per tonne on February 7. Vedanta is thus currently selling its aluminium billet at INR 240,250 per tonne, in contrast with INR 245,250 per tonne on February 7. The latest cut has brought the company’s aluminium ingot price to INR 231,250-261,750 per...
The global primary aluminium sector witnessed some significant events this week. Also, the fact that aluminium is one of the most critical metals can be understood with the proposal of Australian experts suggesting enlisting this silvery-white metal as a crucial mineral. Mike Ferraro, CEO and Managing Director of Alumina Ltd., discussed why the Australian Government should follow in the footsteps of the United States, which included aluminium in its list of 50 critical metals a year ago. Apart from this, the 'Metal of the Future,' Vedanta Aluminum, India's largest aluminium producer and one of the world's top aluminium manufacturers, grandly launched the first edition of the International Aluminium Conference 2023' (IAC 2023) at its operating location in Jharsuguda, Odisha. Under the...
Hindalco Industries Limited has continued reducing the prices of its aluminium ingot and aluminium products, effective from Friday, February 10, for the past week. Today’s deduction marks the third consecutive cut bringing the company’s aluminium ingot price to INR 230,250 per tonne, down by INR 5,000 per tonne or 2.13 per cent from INR 235,250 per tonne on February 7. With the latest cut, Hindalco’s aluminium wire rod price has come in at INR 241,350 per tonne, also down by INR 5,000 per tonne from INR 246,350 per tonne on Tuesday, February 7. After the three continuous cuts for over a week, Hindalco’s aluminium billets price has stopped at INR 244,350 per tonne as of February 10, in contrast with INR 249,350 per tonne on the previous cut. Hindalco links its aluminium ingot and aluminium...
