The European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) has entered a new phase of scrutiny. In light of the conflict between Russia and the EU, a new World Trade Organisation (WTO) panel was formed on September 25. The debate, initiated in May 2025, puts both the design and implementation of CBAM and aspects of the EU Emissions Trading Scheme (ETS) under the WTO lens, with implications extending beyond the EU-Russia conflict and possibly entering the aluminium trade boundaries. Join the fourth edition of the webinar "Hedging for recyclers - Become an expert in 6 hours" by Jorge Dyszel. Why is Russia challenging the EU-ETS? Russia has challenged the EU’s Emissions Trading Scheme (ETS) over the allocation of free emissions allowances to sectors considered vulnerable to carbon...
Mayville Engineering Company (MEC) plans to invest around $26 million in a metal fabrication facility. The facility is in Thomson, Georgia, USA. The project is expected to create about 140 jobs. MEC also provides aluminum extrusion services. MEC will renovate the existing building at 1048 Superior Way in Thomson for the facility. The renovation and equipment work will take place over the next few years. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " The company will hire staff for management, administration, technical work, operations, maintenance, and quality control. MEC President and CEO Jag Reddy said, “As we continue to grow, so does our need for talented people, and we look...
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This week the aluminium end-user sector has been extremely productive. Ball Corp was awarded the Corporate Citizenship title at the 2022 Colorado Governor's Citizenship Medals show organised by CiviCo, a non-profit organisation that binds like-minded social and environmental enthusiasts around the globe and chaired by the Governor of Colorado, Jared Polis. Wildpack Beverages has marked record-breaking earnings for the two consecutive months of October and November 2022 worth US$5,874,535 customer orders in the month mentioned later. TISICS bagged the UK Space Agency's investment call to develop self-exhausting aluminium launcher tanks to lower the amount of accidental space debris. The degrading environmental conditions of the world have persuaded able minds to upgrade the technology...
Aluminium Bahrain B.S.C. (Alba), the first aluminium smelter in the Middle East, which opened its doors in 1971, announced on January 3, 2023, that it had achieved a new historic production record of 1,600,111 tonnes in 2022, an increase of 38,889 tonnes from 1,561,222 tonnes in 2021 (+2.5% Year-on-Year). The Portland Aluminium Smelter, operated by Alcoa, with an annual capacity of 35,000 metric tonnes, commenced production on December 22. As soon as the reboot was completed, Portland Aluminium started producing close to 95 per cent of its actual capacity of 358,000 metric tonnes. Currently, Alcoa has a combined total of about 186,000 metric tonnes. According to the sources, Rusal, one of the biggest producers of low-carbon aluminium, announced that they are attempting to boost their...
Vedanta Limited has increased its aluminium ingot and alumium products prices, with effect from Thursday, January 6, following a slash last day. On January 6, Vedanta’s aluminium ingot price has seen a rise of INR 1,250 per tonne to peg at INR 217,500-248,000 per tonne. On January 5, the price stood at INR 216,250-246,750, down by INR 7,500 per tonne from INR 223,750-254,250 per tonne on January 4 . Vedanta’s aluminium wire rod price has also experienced a rise of INR 1,750 per tonne on January 6 to clock at INR 225,000-232,500 per tonne, compared to INR 223,750-231,250 on January 5 after being reduced by INR7,500 per tonne. The company’s aluminium billet price has come in at INR 226,500 per tonne as of January 6 versus INR 225,250 per tonne on January 5. That reflects an increase of INR...
According to the Shanghai Metals Market, China's primary aluminium inventories massively increased by 83,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. On Thursday, January 5, the inventories totalled 576,000 tonnes, which in comparison with the month's first Tuesday, January 3, escalated by 15,000 tonnes. However, the inventories in China recorded 200,000 tonnes plunge from the same period last year. The social aluminium inventories in China have begun storing the ingots on a seasonal basis. Once the seasonal cycle breaks, there will be a sudden fall. All industry-related transactions are at a momentary halt due to the upcoming Chinese New Year. The supply stock was high in January only because smelters had augmented their production rate in...
The domestic social inventory of aluminium billets continued to rise this week and, as of January 5, the inventory had settled at 79,700 tonnes, up 18,800 tonnes from the previous week. As conversion margins increased in Foshan and the price differential between east and south China reverted to normal, more cargoes started to enter the area, increasing the local inventory. The output of aluminium extruders on the other hand substantially decreased due to inadequate orders, so even though it is predicted that the cutbacks in aluminium billet production will increase in January, the supply of this metal will still be ample. As a result, it is anticipated that aluminium billet inventories in both east and south China will increase. The figure below provides further information on the current...
Swedish mobility brand Cake has unveiled Cake Åik, a utility bike that can be termed an SUV on two wheels. With the emergence of the Paris Pact in 2015, all the micro-mobility units are facing immense backlash forcing the companies to cut down the possible carbon emissions. The Cake Åik is figuratively an e-bike formed utilising the brand’s flagship and successful range of commuter machines. The bike has a unique aluminium framework which is strong enough to carry a weight of 441lb. Since the model is electricity-induced, aluminium use makes the construction lighter for the vehicle, increasing agility. Most importantly, Cake Åik holds a range of 200 plus miles. The motor of the e-bike is connected to three 750Wh batteries, among which one cell is stuck behind the saddle to reach almost...
Birmingham's show stopper, the Raging Bull, is about to be relocated to a new hosting ground in the upcoming few weeks, as was revealed by Commonwealth Games associates. The aluminium-clad showpiece enticed a million onlookers nationally and internationally as it was deported out of the Alexander Stadium the previous summer. The aluminium statue attracted a lot of tourists to Centenary Square all through the last eight weeks until it was transported to the Ladywood car park. The enormous aluminium construct of the Birmingham Bull soared up to 30ft in height and was being taken apart. The assembly parts of the bull were found scattered on a warehouse floor before the decision to ship it to an esteemed city was taken. Artem, the innovation centre that usually provides special effects for...
Recycling aluminium cans results in 95 per cent energy savings over producing the same quantity of metal from scratch. Recycling is a crucial component of the modern aluminium industry. With this, the Eldorado Civic Association is asking the local residents to drop aluminium cans at their collection site in Altoona. The collected cans will be used by the local group to fund their initiatives. The collection site is at the former Kiwanis building on California Avenue. According to Ed Shrift, one of the volunteers of the can collection drive, the aluminium cans can be dropped off at any particular time. They will be utilised to support the local project of the Eldorado Civic Association. With the assistance of the neighbourhood and donations from its members, the charity can also provide...
Alumina production in Europe (incl. Russia) amounted to 577,000 tonnes in November 2022, bringing the total output in eleven months of 2022 to 7.668 million tonnes, found the International Aluminium Institute. The production in November edged 2.86 per cent or 17,000 tonnes lower month-on-month than 594,000 tonnes. On a year-on-year calculation, Europe (incl. Russia)’s alumina production in November 2022 plunged by 31.15 per cent from 838,000 tonnes, found IAI. Europe (incl. Russia)’s total alumina production from January to November 2022 recorded a steep fall of 15.92 per cent from 9.512 million tonnes during the corresponding period of the previous year. Europe’s alumina production in October 2022 also stood lower by 3.57 per cent month-on-month than 616,000 tonnes. In Q3, the output...
The Shanghai Metals Market reported on Thursday, January 5, that Guizhou Power Grid issued a new notice, stating the power load across the province continued to run at a high level due to the steep rise in heating demand for low temperatures. Therefore, the power shortage extended even after two rounds of restrictions on power consumption at aluminium smelters. The third round of energy rationing targeting the aluminium smelters is implemented to meet the peak demand in winter. The new round of power rationing has so far ordered five aluminium producers, namely Guizhou Huaren New Material Co., Ltd., Zunyi Aluminium Co., Ltd., Guizhou Liupanshui Shuangyuan Aluminum Industry Co., Ltd., Guizhou Xingren Denggao New Material Co., Ltd. and Anshun Aluminium Co., Ltd., to cut their power...
One of the most popular and recyclable metals is aluminium. Many businesses are adopting aluminium as a transitional material to a more sustainable future in response to the rising demand for a greener and cleaner environment. According to a recent study, transportation, construction, packaging, and electrical are the four key industrial sectors that will account for 75 per cent of the total demand. As per the study, the need for aluminium will rise by 40% by 2030, necessitating an extra 33.3 million tonnes of production. As a result, the metal output should expand to 119.5 million tonnes in 2030 from 86.2 million tonnes in 2020. Below is a list of the top 10 companies that are using aluminium to drive a sustainable future: Sainsbury UK-based Sainsbury's is switching from using plastic to...
Norsk Hydro, the Norwegian aluminium giant, signed a letter of intent (LoI) on January 3, 2023, with World Wide Wind AS (WWW), a newly established Norwegian company presenting a novel solution and technology - counter-rotating vertical axis turbines - to explore using recycled aluminium to build a potentially revolutionary new floating design. The two will begin by building a prototype of WWW's contra-rotating vertical turbine (CVRT) concept, which features two omnidirectional rotors spaced apart on a tower-spar structure, all anchored with a novel turret-shaped mooring system to the seafloor. The duo expects to expand its collaboration to investigate employing the lightweight metal alloy in the "renewable wind industry" more broadly. The levelling cost of energy (LCOE) for floating wind...
LME aluminium opened at US$2,257.5 per tonne on Thursday, with its high and low at US$2,267 per tonne and US$2,255.5 per tonne, respectively, before closing at US$2,256 per tonne, flat from the previous trading day. On Thursday, January 5, both LME aluminium cash bid price and LME aluminium official settlement price gained US$19 per tonne or 0.84 per cent and US$20 per tonne or 0.88 per cent to stand at US$2,268 per tonne and US$2,270 per tonne. 3-month bid price and 3-month offer price surged by US$17 per tonne or 0.74 per cent to halt at US$2,303 per tonne and US$2,304 per tonne. December 24 bid price and December 24 offer price were hiked by US$16 per tonne or 0.64 per cent to peg at US$2,493 per tonne and US$2,498 per tonne. LME aluminium opening stock came in at 436500 tonnes. Live...
The average alumina spot price in China has gained RMB 1 per tonne, closing at RMB 2,929 per tonne, while the price of alumina in Henan has escalated by RMB 5 per tonne, halting at RMB 2,965 per tonne. A00 aluminium ingot price has plunged by RMB 30 per tonne, resting at RMB 17,700 per tonne, as the Shanghai Metals Market recorded on Friday, January 6. The average prices are expected to range between RMB 17,680 per tonne and RMB 17,720 per tonne, with spot contracts trading at discount prices of RMB 80 per tonne and RMB 40 per tonne. The provinces in China have witnessed either stagnancy or declining prices today, with the aluminium price falling by RMB 20 per tonne in Foshan, Wuxi and Hangzhou to close in the first two places at RMB 17,690 per tonne and the last one at RMB 17,720 per...
The world’s leading exporter of thermal coal, PT Adaro Energy Indonesia Tbk, plans to begin constructing the aluminium smelter in North Kalimantan this year and anticipates accomplishing it within two years or maximum, by 2025. Febriati Nadira, the Head of Corporate Communication at Adaro Energy, said, "Adaro hopes to realize the investment soon and start construction of the aluminium smelter at the end of this year. It is anticipated that the construction process will last 24 months.” ADRO, through its subsidiary, PT Adaro Minerals Indonesia Tbk, is developing an aluminium smelter through its subsidiary PT Adaro Indo Aluminum. The aluminium smelter will be constructed in the industrial area of PT Kalimantan Industrial Park Indonesia (KIPI), North Kalimantan. The total investment value...
The degrading environmental conditions of the world have persuaded able minds to upgrade the technology available to mankind, which means a gradual shift from fossil fuels to green energy. Moreover, fossil fuel is very much limited on the surface of Earth, and the continuously depleting levels are a cause of concern. Scientists are constantly exploring new ways to generate green energy, which is a healthier alternative for the environment. Those who are new to the concept of green energy must only understand one thing, electricity generated by the use of natural resources, like wind, water or sunlight, is known as green energy. This type of energy leaves less carbon footprint on the world's scape. But once we eliminate the use of fossil fuel-induced technology, we also need to replace it...
The Romania-based aluminium components manufacturer of cars, Altur's board of directors, stated it authorized the filing of insolvency proceedings and intended to restructure the company's operations. On January 3, 2022, the company said during the Bucharest Stock Exchange filing that it applied to the Olt County court to initiate insolvency proceedings. Furthermore, Altur declared in court its intention to restructure the company's activities in accordance with a reorganisation plan. According to the recent data revealed on the nation’s finance ministry’s website, the company recorded a turnover of 103.8 million lei and a net profit of 3.2 million lei in the first three quarters of 2022, compared to a net loss of 3.4 million lei in the same period the previous year. The company made a...
Craftsman Automation Ltd., a leading aluminium components producer from India, has declared an investment of INR 3.75 billion to purchase a 76% share in DR Axion India Pvt, another aluminium automotive parts-making firm in Tamil Nadu. This was revealed in an exchange filling, and it is estimated the move will yield positive results. Craftsman technically excels in producing high-pressure die castings, low-pressure die castings, gravity die castings and aluminium sand castings for its customer base. The company gives complete assurance of specially formulating each die-casted component into a ready-for-assembly item. Craftsman Automation also is an expert in developing precisely engineered lightweight aluminium components for the automotive industry or the construction sector. DR Axion is...
