German aluminium producer Trimet has proposed a series of measures to address competition concerns over Alcoa’s proposed acquisition of South32’s alumina and bauxite assets . These include the sale of integrated bauxite-mining and alumina-refining assets in Brazil or Western Australia, changes to ownership links in Alumar and MRN, and greater transparency and independent monitoring of alumina price reporting. Trimet has also asked Brazil's competition regulator, the Administrative Council for Economic Defense (CADE), to block the deal, saying it would reduce the number of independent smelter-grade alumina suppliers in the country from three to two. The company said the combined entity could control approximately 51.8 per cent of Brazil's merchant alumina sales, leaving Glencore with the...
Downstream aluminium is where geopolitics meets the shop floor. Tariffs, shipping disruption, regulation and shifting demand are deciding who rolls the metal, who gets it and what it becomes, whether a beer can, a battery housing or a length of wire. Fifteen recent developments across North America, Europe, Asia, the Middle East and Oceania depict how aluminium flat rolled products (FRPs), packaging and electric vehicle (EV) demand are being rerouted, and where traders, exporters and buyers may need to adjust. Aluminium FRP and wire: tariffs and policy redraw the flows The tariff debate has reached the bar counter. In Virginia, Democrat Tom Perriello is campaigning on aluminium tariffs that he says raise brewers’ packaging costs. Across the border, a Windsor, Ontario brewery reports its...
Grow with
AL Circle
The Museum of Modern Aluminium in Nonthaburi, Thailand, has been finished, complete with a remarkably complex façade consisting of tens of thousands of aluminium bars, many of which have a distinctive colour and texture and are lighted by concealed LED lights. The 400-square-meter structure was designed by HAS Design and Research in Bangkok for a location on the outskirts of the Thai city. The goal is to emphasise the importance of metal in Thailand's building sector, as well as Thailand's historical significance as one of Southeast Asia's largest manufacturers. The museum is also meant to provide a respite from the city's relentless urban atmosphere. The aluminium strips extend past the façade, along a tunnel that leads to the exhibition room. The enclosed environment on the second...
The world’s first 100% recycled aluminium spring water bottle brand Re: Water has announced that it has appointed Lee Roberts as Commercial Director. On 21 st February, Lee Roberts will be joining the business from his current role as MD at commercial consultancy Canvas Partnerships, where he secured “high-profile listings” for Re: Water at events including the G7 Summit and COP26. In the newly developed role, Lee will focus on growing the Re: Water brand and support it to ‘advance the fight against single-use plastic.’ Roberts is carrying over three decades of senior commercial experience and “oversaw landmark deals” with AB InBev and Pepsi during his time as commercial director at The O2. Ben Richardson, the Co-founder of Re: Water said, “Bringing Roberts – who had a wealth of...
Finally, the day is here! AlCircle Expo 2022 goes live today at 11:00 AM GMT. We are thrilled to welcome the global aluminium value chain associates under one roof. AlCircle Expo 2022 is a virtual platform where you can expand your business networks, meet and greet old and new clients, explore new business ideas and share success stories. Experience a real live event at AlCircle Expo 2022. Given below is the final list of exhibitors & sponsors of AlCircle Expo 2021: Hurry up and register yourself for AlCircle Expo 2022, if you still haven’t. Visit https://live.alcircleevents.com/event_registration/23911244/121 and complete your registration to attend the event. Click the link to be a part of the event: https://www.alcircleevents.com/ The goal of the AlCircle Expo 2022 is to virtually...
According to the US Geological Survey (USGS), the United States exported 12,400 tonnes of US aluminium scrap in November to Canada. On a month-on-month scale, there was a surge of 2,440 per tonne or by 24.49%. In October 2021, 9,960 tonnes of US aluminium scrap was exported to Canada, showing a growth of 2,390 tonnes from 7,570 tonnes in September 2021. On a year-on-year calculation, US aluminium scrap export to Canada in November 2021 escalated by 5,860 tonnes or by 89.60% from 6,540 tonnes in November 2020. From January to November, the exported aluminium scrap to Canada closed at 89,800 tonnes. For the same period last year, the amount settled at 66,700 tonnes. As per the data from the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys, and scrap,...
The largest producer of green metal in India, Vedanta Aluminium Business, has secured 4th rank among global aluminium producers in the Dow Jones Sustainability Index (DJSI) family. The Dow Jones Sustainability Indices is a global benchmark that shadows the performance of the world's leading companies in terms of economic, environmental and social criteria. Moreover, more than 10,000 companies from around the world across various industries undergo annual evaluations of their sustainability practices, which are both industry-specific and financially material, out of which only top-ranked companies within each sector are selected for inclusion in the DJSI family. Rahul Sharma, the CEO of Aluminium Business, while speaking about Vedanta’s vision said, “Vedanta Aluminium’s Dow Jones...
Finally, the wait is over! AlCircle proudly announces its power-packed line-up of the speakers for Day 1, AlCircle Expo 2022. The event will take place between 11 AM to 7 PM (GMT). Get ready to interact with the stalwarts of the industry, listen to their views on the latest aluminium market trend as well use this opportunity to increase your network. Meet the eminent speakers of the Global Aluminium Industry at AlCircle Expo 2022 and get to know more about the current industry insights, which will support shaping up the durable and resilient economic system for the world. Speaker Name : Abhimanyu Prakash, Director, AlCircle Topic : Welcome Note GMT Time : 11:00 AM Speaker Name: Jerome Lucaes, Director of Marketing & Sustainability, RUSAL Topic: Road to net-zero GMT Time: 11:30 AM Speaker...
LME aluminium opened at US$3,189.5 per tonne on Monday and closed at US$3,228 per tonne, an increase of $29 per tonne or 0.91%. On Monday, February 14, LME aluminium cash (bid) price had escalated by US$105.5 per tonne or by 3.29% to close at US$3,305 per tonne. For the same day, LME aluminium official settlement price also surged by US$106 per tonne or by 3.31% to stand at US$3,306 per tonne. 3-month bid price and 3-month offer price pegged at US$3,231 per tonne and US$3,232 per tonne. December 23 bid price and December 23 offer price settled at US$2,897 per tonne and US$2,902 per tonne. LME aluminium opening stock totalled at 868950 tonnes. Cancelled warrant and Live warrant for the same day scored at 267775 tonnes and 601175 tonnes, respectively. LME aluminium 3-month Asian Reference...
Fredrik Spens will take charge as President of Gränges Europe affecting from 1 st March 2022, succeeding Jörgen Rosengren who has held the position on an interim basis. However, starting the same date, Fredrik will also be a member of the Group Management Team of Gränges. A Master of Science degree in Mechanical Engineering from the Royal Institute of Technology in Stockholm, Sweden, Fredrik Spens presently is the Managing Director of Gränges Finspång, a role he has occupied since late 2020. In previous to that, he was Vice President for Sales and Marketing in Gränges Europe and before joining Gränges in 2017, Fredrik was the Head of Product Area Primary Products within Sandvik Materials Technology, the most recent of a series of senior positions at Sandvik. He also has a background at...
After three consecutive hikes from February 5 to February 11, Hindalco Industries Limited slashed its aluminium ingot and aluminium products prices, with effect from Saturday, February 12, in line with the LME aluminium price plunge. With the latest cut, Hindalco’s aluminium ingot price came in at INR 276,000 per tonne, down by INR 7,750 per tonne or 2.73 per cent from INR 283,750 per tonne on February 11. Hindalco’s aluminium wire rod price also nosedived by INR 7,750 per tonne from INR 294,850 per tonne on February 11 to INR 287,100 per tonne on February 12. Aluminium billets price scored at INR 290,100 per tonne as against INR 297,850 per tonne on February 11. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal...
On 14 th February 2022, the American industrial aluminium company, Novelis Inc., which is also recognised as the world leader in aluminium rolling and recycling inked a long-term collaboration agreement with HES-SO Valais-Wallis in collaboration with EPFL of Energypolis Campus, a Swiss innovation and research hub, as well as energy distributor OIKEN, to commence a joint research and development (R&D) laboratory to progress carbon-neutral solutions for aluminium production. The Net Zero Lab Valais named R&D lab will be established at Novelis' facility in Sierre, Switzerland. The Sierre site, the broader Valais region and Switzerland itself are an ideal fit for the planned initiatives due to the availability of renewable energy and strong research institutions, as well as a firm commitment...
Assan Aluminyum has achieved the Aluminium Stewardship Initiative's Performance Standard Certification after a successful on-site audit. The Performance Standard Certification has certified Assan Aluminyum’s Tuzla and Dilovasi flat-rolled production and recycling facilities for conforming to global sustainability standards. Assan Aluminyum, one of the two largest aluminium foil manufacturers in Europe, aims to produce more sustainable products based on the commitment to global environmental, social, and governance principles. The ASI Performance Standard aims to provide a common, global standard for the aluminium value chain on sustainability performance. ASI sets the global benchmark for sustainability in the global aluminium sector, establishing criteria for member companies that...
The wait is about to end, and we’re here to remind you that there’s only one day to go to our third virtual event AlCircle Expo 2022 on February 15 & 16, from 11 AM to 7 PM (GMT). We are excited to meet you at the event, an ideal platform to expand business network, explore new business ideas, interact with industry leaders, and bag insightful knowledge. The event is virtual, but the experience will be real! We assure you to have an excellent opportunity to rub your shoulders with exhibitors from the world's leading aluminium companies like NKM Noell, Alba, Mitsui Bussan Commodities, CHALCO, Gouda Refractories, Fives, SECO/WARWICK, Nature Alu, Precimeter, and many others as noted in the below image. You will also be able to meet some of our eminent sponsors at the event: Besides, you can...
The Governor of the Central Bank of Kenya, Patrick Njoroge during the end months of 2021stated that the economy is anticipated to grow by 6.4% in 2021 and 6.0% for 2022. East Africa’s biggest economy has manifested resilience to the Covid shock, with output in the first half of the year rising above pre-pandemic levels. The nation with a lower-middle-income economy in the African continent, Kenya imported aluminium bar rods and profiles of 14,069 tonnes during 2019-21 demonstrating a creeping movement in the demand flow. In 2019, Kenya imported aluminium bar rods and profiles of around 4228 tonnes, whereas, in 2020, the import witnessed a growth of 13.29%, as the import volume escalated to 4790 tonnes, keeping the internal demand on the rise. The import of aluminium bar rods and profiles...
On Friday, February 11, Aluminium Stewardship Initiative announced that it certified BORBET Group against the Performance Standard Certification for the manufacture of aluminium alloy wheels at facilities including Medebach (Germany), Ranshofen (Austria), Solingen (Germany), Bad Langensalza (Germany), Port Elizabeth (South Africa) and Kodersdorf (Germany) as well as Corporate Headquarters at Hesborn, Germany. ASI added the Group successfully bagged the certification for responsible production, sourcing, and stewardship of aluminium with a focus on material stewardship. BORBET Group’s primary product is aluminium alloy wheels for passenger automobiles. Margot Borbet, CEO BORBET Group, said: “We are particularly pleased to receive ASI certification, as it perfectly complements our...
LME aluminium opened at US$3,238 per tonne last Friday and ranged between US$3,108-3,240 per tonne before closing at US$3,199 per tonne, a decrease of US$39 per tonne or 1.2 per cent. On Friday, February 11, LME aluminium cash (bid) price slipped by US$112.50 per tonne to come in at US$3,199.50 per tonne, while LME aluminium official settlement price shrank by US$113 per tonne to score at US$3,200 per tonne. 3-month bid price and 3-month offer price plunged by US$107 per tonne to stand at US$3,179 per tonne and US$3,180 per tonne, respectively. December 23 bid price and December 23 offer price also saw a decline of US$46 per tonne to US$2,817 per tonne and US$2,822 per tonne. LME aluminium opening stock totalled 875250 tonnes on February 11. Live warrants increased to 607275 tonnes, while...
The Singapore-based multinational commodity trading giant Trafigura Group Pte Ltd. has delivered a sheer caution for aluminium buyers that extensive dearth of one of the most universally used metals of the world witness to fade away of stockpiles by 2024. Aluminium is a heavily demanded metal after steel, as it is extensively utilized in all means from cans to cars to aeroplanes. The silvery metals demand has escalated as the global economy recoils from the deadly Covid pandemic, whereas an energy supply set back in Europe and China has grooved supply. This has resulted in the prices of aluminium breaking its 13 years record and anticipate of even more gains will add to the trouble of high inflation confronting consumers and central banks. Philippe Mueller, The Head of aluminium trading...
The continuous grievance and follow up which came from the non-power sectors majorly from the aluminium and other manufacturing industry bodies in regards to the continuous challenges of coal supply dearth since August 2021, the Indian state-owned Coal India Limited (CIL) on 12 th February 2021 stated that it will further scale up supplies to this sector. Coal India in a statement said, “Currently supplying around 3.4 Lakh tonnes of coal per day to the non-power sector (NPS) which is the company’s average supply to this segment. With more than 37 million tonnes (MTs) of coal at its pitheads, CIL aims to further step up supplies to this sector.” The Indian aluminium industry and other industry bodies representing fertiliser, textile, sponge iron and captive power producers had written...
India’s largest producer of aluminium and value-added products, Vedanta Aluminium will join forces with cement, construction and infrastructure industries for the gainful application of its by-products - fly-ash, the fallout in thermal power generation and bauxite-residue, the aftereffect of producing alumina from bauxite. During a national-level webinar, which was organized in association with global industry experts and contenders from the cement industry, the company also endeavoured interest from cement manufacturers for establishing integrated cement plants or cement clinker grinding/blending/processing units conjoining to its plants in Odisha and Chhattisgarh. Aluminium is a ceaseless process industry, while the accessibility to the company's operations will provide cement producers...
