Brazilian industrial confidence weakened further in September, with deteriorating economic sentiment weighing on the outlook for sectors that consume aluminum, including construction, transportation, packaging, and consumer goods. The Industrial Entrepreneur Confidence Index (ICEI), released by the National Confederation of Industry (CNI), fell to 44.9 points in September from 46.3 in August. The decline marked the 21st consecutive month in which the index remained below the reference line. The downturn reflected weaker assessments of both current business conditions and expectations for the next six months. The current conditions index fell from 42.7 to 40.2 points, while the expectations index declined from 48.1 to 47.2 points. Brazilian economic sentiment weighs on confidence...
CANEX Aluminium, an aluminium extrusion and die-casting manufacturer based in 6th of October City, Egypt, received the Women With Metal - Champion Company award on 6 October 2026, as confirmed in the organiser's official 2026 winners list. The award was presented at the second edition of Women With Metal – The ALUMINIUM Awards, held in the Conference Theatre, Hall 7a, on the opening day of the ALUMINIUM 2026 trade fair at Messe Düsseldorf, Germany. The category recognises an organisation demonstrating outstanding commitment to empowering women and fostering an inclusive, supportive industry. CANEX was shortlisted alongside Speira GmbH, ISOLPACK SPA, and Steel and Alloy Processing / Gonvarri Steel Services. The company's QHSE Manager, Rasha Othman, was separately a finalist in three...
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The public may now enter the brand-new Albert-Kahn art museum on the outskirts of Paris thanks to renovation work and the creation of a brand-new structure by famous architect Kengo Kuma. Passers-by are drawn in by an envelope composed of haphazardly arranged aluminium strips, which also gives the spaces a dance of light and shadow. Visitors are invited to explore the enormous Kahn collections in a unique 2300 sqm architecture under the structure's uneven aluminium dome, reflecting the sky's variations. 'The display space was designed in an extended linear sequence from the paths through this garden. A screen made from aluminum and wood is inserted between the path and exterior environment while it continues to meander horizontally and vertically, controlling the relationship between the...
According to the China customs data, the average operating rate of secondary aluminium enterprises fell sharply by 51.1 per cent in November’22, and so did the imports of aluminium scrap. As per the data, China’s aluminium scrap imports declined by 14.8 per cent year-on-year and 16.08 per cent month-on-month to 126,000 tonnes in November. From January to November 2022, China imported 1.39 million tonnes of aluminium scrap, an increase of 59 per cent on the year. Guangdong province imported 80,400 tonnes of aluminium scrap under general trade, which was down by 18,200 tonnes M-o-M, accounting for 63.51 per cent of the total imports. Guangdong’s scrap imports under feeding processing trade dropped by 400 tonnes to 7,700 tonnes, accounting for 6.08 per cent of the total. Aluminium scrap...
Component manufacturer from Germany SQlab has introduced the latest set of aluminium handlebars to the market, flaunting a user-friendly, convenient design. These 310 3.0 aluminium handlebars have been specially crafted for MTB, trekking and city tours. The three new handlebars, 310 for MTB touring, 302 for trekking and 321 for city travels, have been allocated to standardise the handlebar shapes for each use. All these SQlab handlebars have been attested by the German Zedler Institute strength test determining the downhill mountain bike statistics with the strongest weightage point of 180kg. The use of aluminium in the making is extremely well thought out, as it reduces the bike's weight by a certain degree. The 310 3.0 aluminium handlebar has been constructed to lend support, stability...
OnePlus, the Chinese consumer electronics manufacturer is anticipated to launch its first keyboard, along with the OnePlus 11 5G smartphone, in February 2023. Recent rumours indicate that the keyboard, which may be known as the "OnePlus Nord Keyboard," will have a sleek and contemporary design featuring sturdy yet lightweight aluminium and plastic shell. The keyboard is a part of the "OnePlus Featuring" collection, which includes items created through partnerships with other businesses, and is being developed in conjunction with Keychron. The keyboard may not have any specific number button on the right side, instead will include a rotary encoder knob in the upper right corner that may be used to change the volume or advance through media playing. Additionally, Bluetooth 5.2 will be...
The German government's €28 billion ($29.69 billion) support programme for renewable energy, which aims to increase the use of wind and solar power quickly, was announced as having been approved by the European Commission. The policy, which will replace an existing renewables support scheme, will be in effect until 2026 and help Germany meet its target of producing 80 per cent of its renewable energy by 2030. According to the European Commission, the scheme was "necessary and suitable" to promote renewable energy sources and reduce emissions that contribute to global warming. Its favourable effects on the environment exceeded any potential competitive distortions. Margrethe Vestager, the Chief of EU competition policy, "The German Renewable Energy Act 2023 scheme will contribute to...
Hindalco Industries Limited has lifted its aluminium products prices by INR 3,250 per tonne, with effect from Thursday, December 22, following back-to-back cuts over a week. With the latest hike, Hindalco’s aluminium wire rod price has come in at INR 235,850 per tonne versus INR 232,600 per tonne on December 20. Hindalco’s aluminium billets price has pegged at INR 238,850 per tonne as of December 22, compared to INR 235,600 per tonne on December 20. The company’s aluminium ingot price is no exception but seen a hike of INR 3,250 per tonne or 6.48 per cent, with effect from December 22, to settle at INR 224,750 per tonne. Hindalco has raised its aluminium ingot and aluminium products prices in line with an elevation of the LME aluminium benchmark price by US$27.50 per tonne from...
China, the world's biggest manufacturer of industrial silicon, recorded a drop of 1 per cent on Thursday in their debut at Guangzhou Futures Exchange, China's newest commodities market. The market was established year to concentrate on "new energy" elements like lithium and rare earths. Industry silicon is used in the production of aluminium, aluminium alloys, solar cells and microprocessors. Casting production frequently involves adding silicon to metal. Silicon is added to aluminium to lower the melting point and increase fluidity. In aluminium, silicon alone results in an alloy that cannot be heated, but when combined with magnesium, it yields an alloy that can be heated and precipitation hardened. The Guangzhou exchange, which claims to be the first market internationally to put up a...
Renowned Japanese pharmaceutical companies, Eisai, Takeda, Astellas and Daiichi Sankyo, have joined arms in collaboration to lessen the carbon emissions from medicinal packages. From now on, companies will utilise greener packaging modes to promulgate environmental change. According to a Forbes report made public last year, it was evident that 15 of the biggest pharmaceutical companies accounted for 55% more carbon dioxide per million dollars of revenue than the automotive industry emitted in 2015. And this made headlines during the COP26 UN climate negotiations as well. After being accused of such a major environmental crisis, the pharma firms began advertising greener packaging options for their drugs by sharing ample ideas on lowering the carbon footprint these big players left. Here...
On December 22, 2022, the leading aluminium foil and packaging company of South Korea, Sama Aluminium's plan to raise a total of 115.3 billion won via the issuance of 3.7 million common shares, was revealed. According to our information, the shares will be issued at a price of KRW31,050 per share. The proceeds from the stock offering will primarily be used to fund the firm's facilities. Founded in 1969, Sama Aluminium, the dominant partner in the aluminium foil and packaging materials industry of South Korea, is committed to becoming the world’s leading company with sustainability as its core value. Sama Aluminium has been continuously investing in premier technology and R&D. The company is steadily pacing towards becoming a global player through the application of state-of-the-art IT...
Primary aluminium production in Africa stood at 127,000 tonnes during November 2022, reflecting a month-on-month plunge of 14,000 tonnes or 9.93 per cent, found the International Aluminium Institute. In October, the output amounted to 141,000 tonnes, up by 6,000 tonnes or 4.44 per cent from 135,000 tonnes a month ago. On a year-on-year calculation, Africa’s primary aluminium output edged a drop of 4,000 tonnes or 3.05 per cent from 131,000 tonnes. From January to November 2022, Africa churned out 1.483 million tonnes of primary aluminium in total, which recorded an increase of 2.13 per cent from 1.452 million tonnes a year ago. The world production of primary aluminium clocked at 5.611 million tonnes in November 2022, registering a decrease of 3.21 per cent from 5.797 million tonnes in...
LME aluminium opened at US$2,396 per tonne on Thursday, with its high and low at US$2,411 per tonne and US$2,380 per tonne, respectively, before closing at US$2,392 per tonne, down US$3.5 per tonne or 0.15 per cent. On Thursday, December 22, both LME aluminium cash bid price and LME aluminium official settlement price went up by US$6 per tonne or 0.25 per cent and US$5 per tonne or 0.21 per cent to halt at US$2,361 per tonne and US$2,362 per tonne. 3-month bid price and 3-month offer price closed at US$2,395 per tonne and US$2,397 per tonne after recording a growth of US$5 per tonne or 0.20 per cent. December 23 bid price and December 23 offer price climbed up by US$5 per tonne or 0.20 per cent to stand at US$2,480 per tonne and US$2,485 per tonne. LME aluminium opening stock closed at...
A00 aluminium ingot price has plunged by RMB 20 per tonne, resting at RMB 18,800 per tonne, as the Shanghai Metals Market recorded on Friday, December 23. The average prices are expected to range between RMB 18,780 per tonne and RMB 18,820 per tonne, with spot contracts trading at premium prices of RMB 140 per tonne and RMB 180 per tonne. Most of the provinces in China experienced the pangs of declining prices today, with only one exception, Hangzhou, where the aluminium price has hovered at RMB 18,850 per tonne, with an addition of RMB 20 per tonne. Other than that, the aluminium prices in Chongqing, Shenyang, Tianjin and Linyi have all lost RMB 20 per tonne, closing at RMB 18,810 per tonne, RMB 18,750 per tonne, RMB 18,800 per tonne and RMB 18,770 per tonne, respectively. In Wuxi, the...
The Malaysian construction engineering company, Citaglobal Bhd, formerly known as WZ Satu Bhd, is exiting its bauxite mining venture under SE Satu Sdn Bhd to focus on a portfolio of businesses that includes civil engineering and construction, oil and gas, power generation, property development, manufacturing, and renewable energy. During its bourse filing, the company said it would divest its 49% stake in SE Satu to Spring Energy Sdn Bhd for RM4.8 million. Citaglobal, on the other hand, plans to keep the 31.31ha of freehold agricultural land under SE Satu in Sungai Karang, Pahang, in order to develop a renewable energy generation project along the East Coast Rail Link (ECRL). As a result, Citaglobal's indirect wholly-owned Sinergi Dayang Sdn Bhd will pay SE Satu RM10.08 million for the...
National Aluminium Company Limited (NALCO) has further slashed its aluminium ingot and aluminium products prices by INR 5,800 per tonne, with effect from Thursday, December 21. The latest cut has brought the company’s aluminium ingot price at INR 222,850- 226350 per tonne, compared to INR 228,650- 232,150 per tonne on December 15. Aluminium wire rod price has been decreased to INR 227,350- 231,700 per tonne, effective from December 21, from INR 233,150-237,500 per tonne on December 15. Aluminium billets price is currently ranging between INR 227,300-229,950 per tonne versus INR 5,800 per tonne about a week ago. NALCO has continued to reduce its aluminium ingot and aluminium products prices in response to the LME aluminium benchmark price fall by US$50 per tonne from US$2,379.50 per tonne...
To commemorate its 'Protect Our Planet' sustainability drive, Nuvoco Vistas Corp Ltd, the fifth largest cement organisation in India and one of the biggest cement producers in the East, has complemented its logistics fleet with new modernised aluminium body trucks. The aluminium required in making the trucks has arrived from Hindalco Industries Limited, India's leading aluminium and copper manufacturer. The exceptional design of these trucks adds value to Nuvoco's transportation facility and makes the company's supply chain more advanced. Usually, trucks made of aluminium are lightweight due to the non-ferrous metal's inbuilt property, and they help in increasing the mileage by cutting down fuel consumption, ultimately downsizing carbon emissions to a great extent. Moreover, aluminium...
The considerable demand for and applications of aluminium is evident in the midst of expanding innovations and experimentation in the packaging sector. The creative uses of aluminium in the packaging industry are increasing as customers are preferring more for eco-friendly and sustainable packaging solutions. Not only this, many companies are shifting to using aluminium from other metals like glass, steel, etc. Small and large businesses are contributing to the transition to a cleaner and greener world. Here is a list of the top 10 trendsetting uses of aluminium in the packaging sector: Hylux: To begin with, Hylux, a US-based manufacturer of health beverages, debuted its unflavoured spring water in a new recyclable aluminium bottle last month. Reusable tops on the bottles allow for...
According to a report on Thursday, December 22, Brazil has decided to impose countervailing duties on China’s aluminium sheet products, effective from March 31, 2023. The news came after China’s Ministry of Commerce announced it officially. The Ministry has also reported the duties will range between 14.88 per cent and 14.93 per cent, and will be implemented for the next five years. In 2021, China’s aluminium exports to Brazil were worth $461.43 million. In 2019, Brazil’s import of aluminium sheets, in particular, from China was 56.6 per cent of the total imports. Brazil will levy duties on aluminium imports from China in light of the evidence of damages to the country’s domestic industry caused by Chinese dumping. Two years ago, Brazil’s Ministry of Economy considered imposing Chinese...
On December 21, 2022, the leading aluminium extrusion profile manufacturer in China, Xingfa Aluminium Holdings during filing has stated that it would acquire a 4 per cent equity interest in a Chinese service provider, Guangdong Province Trading Development, from Guangdong Guangxin Holding Group for RMB27.5 million. Guangdong Guangxin Holdings Group Ltd. is a holding company for investments. Construction materials, mining, metallurgy, chemical engineering, mechanical and electrical equipment, food supply, modern logistics, and other fields are among the areas in which the company invests. Guangdong Xingfa Aluminium Co., Ltd., is a company headquartered in Foshan, Guangdong. On March 31, 2008, Xingfa Aluminium, which began in 1984, was listed in Hong Kong. Xingfa Aluminium is a famous...
