Germany does cars, machinery and engineering rather well, and all of that needs a lot of aluminium. So, when three international players put serious money and muscle into the country's aluminium industry, it's worth a look. Together, the three companies offer an interesting snapshot of more recycling, more specialised products, stronger local supply chains and lower-carbon production. Here is who is doing what, and why it matters. EGA: The Gulf giant moving into Hannover Emirates Global Aluminium (EGA) is the world's largest "premium aluminium" producer. It already ships over 600,000 tonnes of primary aluminium to Europe every year, with the automotive and construction industries among its key customers. Then it did something it hadn't done in a decade: it bought a company. That company...
METLEN announces the signing of a long-term commercial agreement with a major Japanese chemical company for the future supply of gallium, representing up to 16 per cent of METLEN’s total annual gallium production from its production facility in Greece, which is currently under construction. The commercial terms of the agreement remain confidential. The new agreement marks the second strategic commercial arrangement announced by METLEN for the future supply of gallium, further confirming strong international demand for a reliable European source of supply. As global industries seek to diversify critical raw material supply chains, METLEN continues to establish itself as a trusted long-term partner for leading industrial and technology companies across multiple regions. The growing...
Grow with
AL Circle
In September 2022, the United States exported 15,000 tonnes of aluminium plates, sheets and bars to Mexico, down by 1,300 tonnes or 8 per cent month-on-month from 16,300 tonnes, found the US Census Bureau. That brought the United States total exports in Q3 to Mexico at 45,900 tonnes, up by 7,600 tonnes or 19.84 per cent from 38,300 tonnes a quarter ago. On a year-on-year calculation, the United States’ aluminium plates, sheets and bars exports to Mexico in September 2022 edged a fall of 32.13 per cent from 22,100 tonnes. From January to September 2022, the United States exported 119,000 tonnes of aluminium plates, sheets and bars to Mexico, down by tonnes or 41.67 per cent from 204,000 tonnes during the corresponding period of the same year. The United States total aluminium plates,...
On December 27, 2022, Arsjad Rasjid, the General Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin), expressed support for the bauxite export ban, claiming that it will increase the value of the country's natural resources. Rasjid said, "The export ban on bauxite will take effect in June 2023. The policy is in accordance with the mandate of Mineral and Coal Law No. 3 of 2020." "If we only export raw materials, we are at a disadvantage. It is our right as a nation to have added value. So this measure was pursued as a result of an evaluation by the government of the previous scheme and also to encourage domestic industrialization." He added, “However, the export prohibition policy would be even better if it were supported by a detailed downstreaming road map instead of...
According to the Shanghai Metals Market, A00 aluminium ingot price has slumped by RMB 90 per tonne to stand at RMB 18,970 per tonne on Tuesday, December 28. That followed a stupendous growth of RMB 300 per tonne on the previous day. The average prices today are expected to range between RMB 18,950 per tonne and RMB 18,990 per tonne, with a spot contract to be traded at a discount price of RMB 20 per tonne and a premium price of RMB 20 per tonne. In Gongyi and Foshan, A00 aluminium ingot price has shrunk by RMB 160 per tonne and RMB 140 per tonne, respectively, to stand at RMB 18,700 per tonne and RMB 18,950 per tonne, followed by the downfall of RMB 130 per tonne in Wuxi to RMB 18,880 per tonne. In Hangzhou and Chongqing, the primary aluminium ingot price has dwindled by RMB 110 per tonne...
Today, on December 28, the SHFE benchmark aluminium price has ascended by US$9 per tonne or 0.33 per cent to reside at US$2,726 per tonne. Overnight, the most-traded SHFE 2302 aluminium contract opened at RMB 19,060 per tonne, with its low and high at RMB 18,980 per tonne and RMB 19,015 per tonne before closing at RMB 19,015 per tonne, up RMB 110 per tonne or 0.58 per cent. The most-traded SHFE 2302 aluminium closed up 2.91 per cent or RMB 540 per tonne at RMB 19,105 per tonne, with open interest up 24,250 lots to 168,550 lots. LME aluminium price The LME was closed on Monday, December 26 due to the Christmas holiday. The following day, December 27 it was kept shut to honour Boxing Day. However, on December 23, Friday, LME aluminium cash bid price slumped by US$19.50 per tonne or 0.82 per...
China exported 106,600 tonnes of aluminium foil in November, down by 7 per cent Y-o-Y and 6 per cent M-o-M. A total of 1.36 million tonnes of aluminium foil was exported from January to November, a growth of 12 from the same period last year. The top two purchasers were India (10,500 tonnes) and Thailand (8,500 tonnes). The United States, Mexico, the United Arab Emirates, and South Korea ranked among the top ten locations. A total of 61,500 tonnes were exported to the top 10 destinations, accounting for 58 per cent of all exports. The off-season caused a further slowdown in overseas orders. In December, the number of exports is anticipated to stay low. However, a 1.45 million tonnes increase in exports for the entire year is predicted, given the massive Q2 export volume.
Ferrari 250 GT Berlinetta SWB, without any doubt, is the most enigmatic creation by the automobile genius. This particular Prancing Horse was first unveiled at the 1959 Paris Motor Show and has now been redesigned by the company Forge Design to give it a lightweight aluminium and carbon fibre body. To make their sustainability efforts look clearer, the company will be incorporating a V12 engine that runs on hydrogen, making the specimen a green vehicle. The model features protruding headlights, an enlarged bonnet and a laid-back roof. The New-York based car designer has named this creation Competizione Ventidue after being inspired by the Comp 61 version of the 250 SWB model. This particular series had a common characteristic wherein all the cars had a lighter chassis and sleek aluminium...
Emirates Global Aluminium (EGA), the world's largest 'premium aluminium' producer, has opened sustainable corporate bank accounts with Citi and Standard Chartered Bank. EGA is the first in the region to choose the accounts that ensure cash balances are used to finance or refinance sustainability progress across the economy. For money needed for daily and other short-term activities, EGA uses interest- bearing accounts. To support financing for environmental and social projects like renewable energy, energy efficiency, sustainable transportation, green buildings, and enhancing access to affordable basic infrastructure and essential services, Citi's sustainable deposit solution aims to assist corporate finance and treasury departments in investing extra cash in deposit accounts. "The...
According to the data revealed by the General Administration of Customs of China, it has been reported that 196,000 tonnes of alumina were imported into China in November 2022, representing an increase of 24.2 per cent over the previous year and a reduction of 21.8 per cent over the previous month. Alumina shipments increased to 85,000 tonnes simultaneously, up 984.9 per cent on the year and 45.6 per cent on the month. Notably, exports to Russia increased by 54.6 per cent MoM to 80,000 tonnes, making up 93.7 per cent of all monthly exports. Between January and November, total alumina imports were 1.87 million metric tonnes, down 39.3 per cent from the previous year, and total alumina exports were 950,000 tonnes, up 719.5 per cent. The alumina import window remained closed in November in...
According to the Shanghai Metals Market, social inventories of primary aluminium grew across China’s eight major consumption areas, including SHFE warrants, to total 484,000 tonnes. Over the weekend ended Monday, December 26, primary aluminium inventories accumulated 9,000 tonnes. Compared to last Monday, December 19, inventories this week edged 2,000 tonnes higher than 482,000 tonnes. However, the figure stands 32,000 tonnes lower than at the end of November 2022 and 356,000 tonnes than the same period last year. To know the current status of primary aluminium inventories across China in more details, refer to the chart below: This week, Wuxi contributed the highest to the growth in inventories by adding 14,000 tonnes from Thursday to total 103,000 tonnes, found SMM. In Gongyi, primary...
One of the most important providers of aluminium solutions in the Kingdom of Bahrain, Reynaers Middle East, currently hosted a conference for its management team at Novotel Hotel. Along with having food and a merry time, the managers participated in a serious discussion to form a future strategy for the next three years of the company. Raynaers, like other major aluminium giants in the world, needs to transform its operative avenues to greener ones. The managers were engrossed in creating a road map that would be followed for the next three years leading the company to a much more sustainable approach. A workshop was conducted the whole day, citing a series of engaging voices. The workshop talked about the company’s achieved milestones, along with scrutinising the shortcomings and...
According to China customs data, the country imported 105,900 tonnes of unwrought aluminium alloy in November 2022, which was 11.4 per cent less year-on-year but 6.1 per cent more month-on-month. Imports in the first 11 months of 2022 totalled 1.19 million tonnes, up by 15.6 per cent on a yearly basis. Coming to exports, China’s unwrought aluminium alloy export volume in November stood at 18,900 tonnes, recording a hike of 57.5 per cent from the previous year and 3.5 per cent a month ago. The total exports from January to November amounted to 204,700 tonnes, a year-on-year rise of 44.3 per cent. In November, Pakistan emerged as the fifth largest supplier of unwrought aluminium alloy to China, replacing the Russian Federation. The top four suppliers were Malaysia, Thailand, South Korea,...
Today, on December 27, the SHFE benchmark aluminium price has hiked by US$51 per tonne or 1.91 per cent to reside at US$2,717 per tonne. The most-traded SHFE 2301 aluminium closed up 0.46 per cent or RMB 85 per tonne at RMB 18,715 per tonne, with open interest down 18,232 lots to 76,410 lots. Overnight, the most-traded SHFE 2301 aluminium contract opened at RMB 18,695 per tonne, with its low and high at RMB 18,655 per tonne and RMB 18,820 per tonne before closing at RMB 18,770 per tonne, up RMB 55 per tonne or 0.29 per cent. LME aluminium price On Monday, December 26, LME was closed due to the Christmas holiday. However, on Friday, December 23, both LME aluminium cash bid price and LME aluminium official settlement price recorded a drop of US$19.50 per or 0.82 per cent and US$20 per tonne...
A00 aluminium ingot price has surged by RMB 300 per tonne, resting at RMB 19,060 per tonne, as the Shanghai Metals Market recorded on Tuesday, December 27. The average prices are expected to range between RMB 19,040 per tonne and RMB 19,080 per tonne, with spot contracts trading at premium prices of RMB 100 per tonne and RMB 60 per tonne. The provinces in China have experienced the pleasure of escalating prices, with the aluminium price rising the highest in Foshan by RMB 310 per tonne, closing at RMB 19,090 per tonne, followed by RMB 300 per tonne spike in Hangzhou to clock at RMB 19,090 per tonne as well. In Chongqing, the price of aluminium has levitated by RMB 290 per tonne to halt at RMB 19,070 per tonne. Wuxi and Shenyang have witnessed increasing prices today, closing at RMB 19,010...
Danish bike specialist, MATE has unveiled a tricycle named 'SUV' with two wheels in the front. Though the construct resembles an Indian rickshaw, it is more like a tadpole trike that flaunts an aerospace-grade aluminium framework. MATE SUV is larger than a conventional two-wheeler bike and thus gets the 'SUV' tag behind its name. The company has been advertising that it is a "perfect alternative to the car, allowing you to easily navigate the city and avoid traffic." According to the company, the vehicle provides the "convenience of a car, agility of a bike" because its sleek 920mm width allows the vehicle to easily pass through traffic. The use of aluminium in the composition has reduced the weight of the car to a great extent, as it is only 49kg (108 pounds). The MATE SUV can bear 210...
Aquarius, a sports drink manufactured by Coca-Cola, collaborated with Crown Bevcan EMEA (Europe and Middle East) or Crown Emirates Company Limited and its dedicated print and reprographics studio to launch an innovative and engaging promotional campaign titled "Recover what moves you!," in Spain. The standard 330ml aluminium cans in which Aquarius is currently sold are an environmentally friendly packaging option that promotes the Circular Economy and lessens the number of raw materials that must be acquired from the planet due to its infinite recyclability. The central concept of the campaign for collecting more Aquarius cans garnered a lot of connection and involvement, which unmistakably delivered the "wow factor." The various letters were printed using Crown's Accents variable...
Asia Clean Capital Vietnam (ACC Vietnam) has joined hands with aerospace components provider Universal Alloy Corporation Vietnam (UACV), agreeing on a 15-year power purchasing deal. The partnership has begun shaping a rooftop solar PV project with a capacity of 4.3 MWp, which will be crucial for running UACV’s aluminium-related operations. Adhering to the clause laid down by the partnership, ACC Vietnam will supply UACV with a turnkey green energy system wired to a 4.3 MWp rooftop solar PV solution. The PV solution has been specially crafted to achieve the highest safety standards in a terrain that gets affected by gales or typhoons every now and then. Almost 7,172 modules will be placed so that the solar panels can generate 5,906.91 MWh power, disregarding the chances of emitting 4,802.3...
According to the US Census Bureau data, India imported 41,800 tonnes of aluminium scrap from the United States in September 2022, registering a month-on-month downfall of 4,300 tonnes or 9.33 per cent. In August, the import volume stood at 46,100 tonnes, up by 5,200 tonnes or 12.71 per cent from 40,900 tonnes in July. Thus, in the three months of Q3 2022, India’s aluminium scrap imports from the US totalled 128,800 tonnes, reflecting an increase of 16,100 tonnes or 14.29 per cent from 112,700 tonnes in Q2 2022. From January to September, India imported 356,000 tonnes of aluminium scrap from the US, compared to 295,000 tonnes during the corresponding period of the previous year. That reflected a year-on-year increase of 20.68 per cent in India’s aluminium scrap import volume from the US in...
The Keychron Q10 mechanical keyboard comes packed with milled aluminium chassis and a 75 per cent Alice layout. It also features Computer Numerical Control (CNC) aluminium casing, QMK/VIA compatibility, hot-swappable double-gasket mounts, etc. The Alice Keyboard, also known as the Arisu Keyboard, is a unique keyboard layout where the board is divided along the centre, and both sides are given a slight incline in the shape of a "∧". There are two short space bars and two "B" keys on either side of the keyboard nearly usually. It is gasket-mounted, the same as the other Q-series boards, with the switch plate on strips of squishy foam sandwiched between the top and bottom frames. The Double Gasket Design is a brand-new, cutting-edge construction in the market. To significantly minimise the...
