LME aluminium prices moved higher on October 6 compared with the previous trading day, with cash and three-month prices rising by nearly 1 per cent. The increase came as LME aluminium opening stocks remained unchanged, while live warrants declined and cancelled warrants increased. On October 6, the LME aluminium cash bid price stood at USD 3,134 per tonne, up 0.90 per cent from USD 3,106 per tonne on October 5. The cash offer price stood at USD 3,134.5 per tonne , compared with USD 3,107 per tonne on October 5, marking a 0.89 per cent increase. The LME aluminium three-month bid price rose to USD 3,148 per tonne on October 6 from USD 3,117.5 per tonne on October 5, an increase of 0.98 per cent. The corresponding three-month offer price increased to USD 3,148.5 per tonne from USD 3,118 per...
The European Commission sets the Q3 2026 price of CBAM certificates at EUR 82.32 (USD 92.66), up from EUR 75.28 (USD 84.74) in Q2 and EUR 75.36 (USD 84.83) in Q1, making it the highest quarterly price published so far this year. The Commission calculates CBAM certificate prices based on the weighted average of auction clearing prices for EU Emissions Trading System (EU ETS) allowances. The methodology is designed to align the carbon cost applied to EU producers with that applied to imports covered by the Carbon Border Adjustment Mechanism (CBAM). The Q3 price was published on October 5, 2026, following the end of the quarter. To learn about the market potential of aluminium dross, explore "ALuminium Dross Processing: Generation, Recovery & Strategic Roadmap" CBAM certificate prices rise...
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Constellium, a global leader in the development, manufacturing, and recycling of aluminium products, will reportedly supply a wide range of aluminium flat-rolled products to Daher, a French aircraft manufacturer. The news came after Constellium announced on January 10 that it entered into a multi-year aluminium product supply agreement with Daher. This new agreement expands Constellium’s customer profile for business and regional jets. The global aluminium manufacturer will provide flat-rolled products to Daher, particularly for its TBM and Kodiak aircraft. The aluminium product will come from Constellium’s Issoire (France) facility. Under the new contract, Constellium and Daher have agreed to work together on joint supply chain initiatives and product development. The former will assist...
The A00 aluminium ingot price on Wednesday, January 11, has increased by RMB 110 per tonne to halt at RMB 18,110 per tonne, with the spot contract price expected to be traded at a discount price of RMB 90 to RMB 50 per tonne. The average may range between RMB 18,090 per tonne and RMB 18,130 per tonne. In Tianjin and Shenyang, the prices have surged by RMB 175 per tonne and RMB 155 per tonne to settle at RMB 18,125 per tonne and RMB 18,155 per tonne. The A00 aluminium ingot price in Chongqing has ascended by RMB 140 per tonne to peg at RMB 18,180 per tonne. On the same day, the prices in Foshan and Hangzhou climbed up by RMB 130 per tonne to score at RMB 18,150 per tonne and RMB 18,140 per tonne. As per the SMM data, the price in Gongyi settled at RMB 17,960 per tonne after recording a...
The first aluminium smelter in the Sultanate of Oman, Sohar Aluminium, announced the appointment of Ricardo Fontes Santana as Chief Financial Officer (CFO). In his position, Ricardo will head the finance, information technology, and supply chain management departments while championing the financial strength business strategy target. He holds a Bachelor's degree in Economics from the State University of Rio de Janeiro and an MBA from Brazil's Universidade Federal Fluminense. He has held senior executive positions in global aluminium and oil and gas companies in Brazil, Australia, Singapore, and the Netherlands in finance, financial compliance, business evaluation, risk management, information technology, supply, and reporting activities.
The Waitrose supermarket chain is on a constructive journey to eradicate the glass packaging for small wine formats and replace them with aluminium beverage cans. This move will systematically remove more than 300 tonnes of glass. Moreover, aluminium is 100% recyclable and can retain its original properties even after being run through rigorous transformation processes. This will definitely induce a circular economy. Aluminium cans are made of the purest version of aluminium, which means that recycling these new aluminium cans would yield a fresh batch of raw material for use in the commercial sector. Barry Dick, MW, beer, wine and spirit bulk sourcing manager at Waitrose, declared: “We’re delighted to pioneer this move and make reducing waste even easier for our customers. Aluminium cans...
Duan Xiangdong is appointed as the new chairman of the state-owned Aluminum Corp. of China, the largest producer of aluminium in the world. From October 2021 until this month, Duan served as general manager, deputy party secretary, and director of China First Heavy Sectors Co. Ltd., a state-owned business (SOE) that makes heavy machinery for the mining, petrochemical, and steelmaking industries. According to a notification posted on the business' website, Duan Xiangdong also accepted the position of party secretary of Chinalco on Friday, January 6. Aluminum Corporation of China Limited (also known as "Chalco") was established in China on September 10, 2001, and Aluminum Corporation of China (also known as "Chinalco") is the company's controlling shareholder. Aluminum Corporation of China,...
CANPACK has currently partnered with Bavaria (ABI Colombia) to initiate a limited edition aluminium can packaging of its proprietary Club Columbia beer. With the help of this premium branding technique, Bavaria focuses on paying an eternal tribute to Columbia's old and diverse culture. This latest edition of Bavaria's traditional Dorada recipe is known as Una Historia Nonuya. The artwork on the aluminium can is directly inspired by the artist and activist Abel Rodríguez's exemplary work. The artist also belongs to the Nonuya ethnic clan. The artist claims to be a "sabador" who is famous for his intelligent showcasing of Amazonian flora and fauna. His work is believed to be carrying the true wisdom of the living organisms of the rainforest. The Director of Premium & Special Brands of...
Multiple Chinese aluminium smelters in Guangdong are shutting down prior to the Spring Festival holiday this year, whereas other players are recalibrating their output goals for the prevailing times. All this is due to a plunge in the domestic demand for aluminium in the recent weeks. Even though Beijing has discarded the rigid COVID-19 protocols, which were the main reason for downgrading manufacturing rates in the country, increasing infection percentage and a downturn in the construction sector have levied heavily on aluminium demands. Also, international trade has dwindled, creating a dent in the market. A zinc-alloy producer from Guangdong has notified sources about the falling production rate of metals in the Chinese province. “Our orders are cut by 30% as our customers, namely...
The United States domestic primary aluminium production in October 2022 stood at 64,000 tonnes, registering an increase of 3,000 tonnes month-on-month from 61,000 tonnes in September, found the US Census Bureau data. But on a year-on-year calculation, the output decreased by 12,000 tonnes or 15.8 per cent from 76,000 tonnes. The United States average daily production of primary aluminium was 2,050 tonnes in October 2022, slightly more than in September 2022 and 16.67 per cent less than 2,460 tonnes in October 2021. Total aluminium recovered from scrap in October 2022 was 283,000 tonnes, up by 3,000 tonnes or 1.07 per cent from 280,000 tonnes a month ago and 14,000 tonnes or 5.20 per cent higher than 269,000 tonnes a year earlier. Of the total scrap recovered, 154,0000 tonnes of aluminium...
The groundbreaking ceremony for Aluminium Dynamics, one of the biggest economic development projects in western Lowndes County, is expected to occur in early March. Along with many co-locating clients, the $2.5 billion aluminium mill will be situated close to the Golden Triangle Regional Airport, and Steel Dynamics will own the plant. Activities on the site are expected to start within the next few weeks. Over seven years, 1,000 jobs will be produced at the mega site in addition to spin-off positions. Additionally, permits can be completed by the spring, and tree removal can start in a few weeks. As part of the agreement, the Golden Triangle Development Link (GTR) will also cooperate with the Lowndes County Board of Supervisors to start $25 million worth of road construction close to the...
Graphene Manufacturing Group has talked about the latest advancements in the research and development of its patented graphene technology and production unit, which it claims will "support and accelerate" the firm's upcoming operational decree. Previously separated due to their course of action, the Technology and the Project Team will now work together to better facilitate the R&D of graphene production and the construction of a graphene-supplying plant. The firm is also venturing out to build a liquid graphene blend plant along with an automated battery manufacturing plant, as it declared in a statement. The aluminium air battery plant would later be responsible for commercial output. GMG accepted that the transformation is pointed at "enhancing opportunities for improvement in process...
The Thomson Elite 35mm aluminium handlebar is 800mm wide and with an extended, straight portion in the middle to lessen stress concentrations. Due to the 50mm clamping area, a variable bent profile for a more compliant ride is possible. For the best fatigue life, bars are butted and tapered in numerous stages. The product was also selected for Singletrack Editor’s Choice Awards 2022. Made using 7050 aluminium, the centre rise of the flat bar is 8 mm, the mid-rise is 20 mm, and the most significant surge is 35 mm. To withstand damage from crashes and ground contact, the ends of the bar are reinforced from 1.4 to 1.6mm. To achieve a smooth look in the bends and tapered parts on the outside and precise tolerance control over the wall thickness inside, Thomson uses hydraulic press forming to...
Vedanta Limited has lifted its aluminium ingot and aluminium products prices by INR 7,750 per tonne, with effect from Tuesday, January 10. That has brought the company’s aluminium ingot price to INR 222,750-253,250 per tonne versus INR 215,000-245,500 per tonne on January 7. Vedanta’s aluminium wire rod price has come in at INR 230,250-237,750 per tonne, with the latest raise, compared to INR 222,500-230,000 per tonne last week. Aluminium billet price has mounted to INR 231,750 per tonne from INR 224,000 per tonne on January 7. Vedanta has increased its aluminium ingot and aluminium products prices in response to the hike of the three-month futures of aluminium on the London Metal Exchange. On January 9, the LME aluminium benchmark price surged by US$94 per tonne to settle at US$2,336.50...
Hindalco, one of the world’s most integrated Aluminium Product Producers, has placed the order for three state-of-the-art extrusion lines with Presezzi to be delivered and commissioned during 2022 and early 2023. Despite severe supply chain disruptions, Presezzi delivered the first extrusion line on time and commissioned it ahead of schedule. Hindalco recognized this feat by Presezzi at its “Partners Meet” held in December 2022 in Mumbai, India. Mr Satish Pai, Managing Director, presented the award to Mr Valerio Presezzi, Founder and President of Presezzi Extrusion. While presenting the award during the event, Mr Pai commented, “Recognizing Presezzi for their outstanding commitment and partnering with Hindalco for supply and commissioning of state-of-the-art Extrusion line despite supply...
According to the Shanghai Metals Market, China’s metallurgical-grade alumina output in December 2022 (31 calendar days) stood at 6.43 million tonnes, reflecting a month-on-month rise of 2.2 per cent from 6.29 million tonnes and a year-on-year increase of 1 per cent from 6.36 million tonnes. But despite the growth in monthly production, the average daily output recorded a downfall of 2,500 tonnes or 1.2 per cent M-o-M from 209,800 tonnes to 207,300 tonnes in December 2022. The monthly growth in December was primarily due to one working day more than the previous month. However, on a year-on-year calculation, China’s daily average alumina output in December’22 recorded 2,000 tonnes or 0.97 per cent higher than 205,300 tonnes. China’s cumulative production of alumina from January to December...
Slovakia's sole aluminium producer, Slovalco, is closing its smelters after 70 years of operation. Slovalco, based in the central Slovak town of Žiar nad Hronom, stated that after decades of operation, it could no longer afford to operate its last ten remaining furnaces. However, Slovakia will be forced to procure aluminium from foreign sources in the absence of the producer. According to the Hydro majority-owned aluminium producer, the company had gradually reduced production due to the surging energy prices. Slovalco initially operated 226 furnaces, but just over a year ago, the number of furnaces in use dropped by 40 per cent due to high energy expenses. Among all industrial operations, the smelting of aluminium is the most energy-intensive industrial manufacturing process. Milan...
LME aluminium opened at US$2,313 per tonne on Monday and closed at US$2,425 per tonne, an increase of US$129.5 per tonne or 5.64 per cent. On Monday, January 9, both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$94 per tonne or 4.19 per cent to settle at US$2,336 per tonne and US$2,336.50 per tonne. 3-month bid price and 3-month offer price shot up by US$94 per tonne or 4.13 per cent and US$95 per tonne or 4.17 per cent to stand at US$2,368 per tonne and US$2,370 per tonne. December 24 bid price and December 24 offer price surged by US$85 per tonne to halt at US$2,545 per tonne and US$2,550 per tonne. LME aluminium opening stock came in at 422075 tonnes. Live warrants and Cancelled warrants clocked at 200300 tonnes and 221775 tonnes. 3-month Asian...
A00 aluminium ingot price has escalated by RMB 140 per tonne, resting at RMB 18,000 per tonne, as the Shanghai Metals Market recorded on Tuesday, January 10. The average prices are expected to range between RMB 17,980 per tonne and RMB 18,020 per tonne, with spot contracts trading at discount prices of RMB 90 per tonne and RMB 50 per tonne. The provinces in China all have seen elevating prices today, with the aluminium price rising the highest in Foshan by RMB 170 per tonne, closing at RMB 18,020 per tonne. In Wuxi, the price of aluminium has spiked by RMB 145 per tonne to halt at RMB 17,995 per tonne. The price of aluminium in Hangzhou has shot up by RMB 120 per tonne, stopping at RMB 18,010 per tonne. In Gongyi and Chongqing, the prices of aluminium have gained RMB 110 per tonne,...
Dunkin Donuts has been forever associated with the most delicious doughnuts on the planet, but now the brand is exploring opportunities in the canned beverage sector. Three of the brand's patented beverages are going to be launched in aluminium cans during the first half of 2023. The advent of the Paris Pact in 2015 has thrust various responsible brands into taking up sustainable initiatives. Though Dunkin Donuts already had a successful line of iced coffees, the brand is going to push three new flavours to the market. The aluminium used in making beverage cans is of the purest form; therefore, the end-of-life recycling procedure becomes very simple for these packaging solutions. Dunkin collaborated with Coca-Cola only some years back to make its iced coffees available in retail markets...
