With only 10 per cent of globally traded alumina changing hands on the spot market, Hindalco is moving its tenders online in an effort to strengthen the evidence behind benchmark prices. For a commodity market where a relatively small number of transactions can influence prices across a much larger pool of long-term contracts, the quality of the underlying data matters. That is the challenge facing alumina, and Hindalco is now testing whether digital trading infrastructure can help address it. Hindalco is expected to conduct its first digital tender for metallurgical-grade alumina on Metalshub before the end of 2026. The physical cargo sold through the tender may be only part of the significance of the transaction. The more important outcome could be the structured market data generated...
Aluminium du Maroc reported a 31 per cent year-over-year increase in H1 2026 net income to MAD 41.0 million (USD 4.11 million), even as consolidated revenue declined to MAD 603.7 million (USD 60.55 million) from MAD 650.1 million (USD 65.21 million). The Moroccan aluminium producer’s results point to a stronger profitability performance despite weaker top-line activity. Net income rose from MAD 31.3 million (USD 3.14 million) in H1 2025, while operating income also increased by 23 per cent to MAD 77.2 million (USD 7.74 million), according to AlphaMena. Profit growth outpaces revenue The divergence between revenue and profit was the key feature of Aluminium du Maroc’s H1 2026 performance. Revenue declined by around 7 per cent year over year, while net income increased by nearly one-third....
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The chief executive of Greek aluminium and energy company MYTILINEOS, Evangelos Mytilineos, has been elected as the President of Eurometaux (Europe’s metals association) at the association’s General Assembly. He succeeds Mikael Staffas, CEO of Boliden, who has held this post since October 2018. Guy Thiran, the Director General of Eurometaux, commented: “I am thrilled to welcome Evangelos Mytilineos as our new President. His rich experience in the aluminium and energy sectors makes him exceptionally well-placed to lead our industry through today’s unprecedented energy crisis. When Europe commits to improving its strategic autonomy for the metals and minerals required in the energy transition, it’s fitting that a real industrial leader will head us with entire supply chain operations from...
Trivium Packaging, one of the leading providers of high-quality and recyclable metal packaging, announced that it is entering a new market segment. The company plans to create aluminium closures for liquid edible oil, which can generate potential profit for the business. This is the first time aluminium has been modified to be acceptable for edible oil closures, despite metal having long been utilised for more conventional huge tins of bulk liquid or in aerosol versions of edible oil containers. Aluminium packaging for edible oils provides the lightweight properties typically associated with plastic without the worry of leaching, as well as the premiumisation of glass due to its increased durability due to its resistance to punctures and inability to shatter. However, the advantages of...
Vedanta Limited has continued to reduce its aluminium ingot and aluminium products prices, with effect from Wednesday, October 12. The company has further axed its aluminium ingot price by INR 5,000 per tonne or 2.3 per cent to INR 212,250- 242,750 per tonne. On the previous day, it stood at INR 217,250 -247,750 per tonne, seeing a slash of INR 5,250 per tonne. The latest cut has brought in the Vedanta’s aluminium wire rod price to INR 219,750- 227,250 per tonne, down by INR5,000 per tonne from INR 224,750-232,250 per tonne on October 11. Aluminium billet price is hovering around INR 221,250 per tonne, effective from October 12, compared to INR 226,250 per tonne last day. Vedanta links its aluminium prices to the three-month futures of aluminium on the London Metal Exchange, which plunged...
The LME aluminium prices on 11 th October 2022 witnessed a glide following Bloomberg's report that the United States is considering a complete ban on Russian aluminium. The ban on Russian aluminium jeopardizes conquering a global market already stumbling from several disarrays while emphasizing if the world's largest aluminium-producing nation, China, could infuse the supply gap. According to people familiar with the deliberations, the US administration is considering the possibility of incorporating sanctions on the Russian aluminium giant as the White House looks to chastise Russia for escalating conflict with Ukraine. These steps would add to a deafening year of price dangling, supply haul and demand unrest in the initiation of Russia-Ukraine's geopolitical crisis from February 2022....
LME aluminium slid to US$2,200 per tonne after opening at US$2,240 per tonne on Wednesday but then jumped more than 6 per cent to US$2,400 per tonne as the United States was considering retaliatory measures against Rusal. LME aluminium closed at US$2,344 per tonne, an increase of 4.11 per cent. On Wednesday, October 12, LME aluminium cash bid price and LME aluminium official settlement price went up after experiencing a decline for three consecutive days. As per the data, both prices grew by US$8 per tonne or 0.36 per cent and US$8.5 per tonne or 0.38 per cent to settle at US$2,226 per tonne and US$2,227 per tonne. On the same day, 3-month bid price and 3-month offer price climbed up the graph by US$4.5 per tonne or 0.20 per cent to stand at US$2,219.50 per tonne and US$2,220 per tonne....
China's domestic A00 aluminium ingot price has again registered a rise on Thursday, October 13, after an intermittent dip last day. According to the Shanghai Metals Market, the price has increased by RMB 60 per tonne to peg at RMB 18,480 per tonne. The average prices are expected to range between RMB 18,460 per tonne and RMB 18,500 per tonne, with a spot contract to be traded at a discount price of RMB 100-60 per tonne. Among the major Chinese provinces, Foshan has seen the highest growth of A00 aluminium ingot price by RMB 70 per tonne to stand at RMB 18,510 per tonne, followed by the rise of RMB 60 per tonne in Chongqing, Hangzhou, and Wuxi to settle at RMB 18,540 per tonne, RMB 18,490 per tonne, and RMB 18,470 per tonne, respectively. In Shenyang and Linyi, primary aluminium ingot...
Aluminium Stewardship Initiative has granted RONAL GROUP, a designer, manufacturer and distributor of light aluminium alloy wheels, with Performance Standard V2 (2017) Certification. The company has bagged the recognition with a Material Stewardship focus at production sites RONAL POLSKA Sp. z o.o. in Walbrzych, Poland and RONAL AG Headquarters in Härkingen, Switzerland. The Poland facility has an annual output capacity of 2 million light alloy wheels. Ronal Group has above 8,000 personnel and produces both cast and forged wheels. It focuses on high standard quality through technical development to production, based on the most innovative technologies. ASI Performance Standard certification focusing on material stewardship looks into product design, life cycle assessments, management of...
Momentum Manufacturing Group, one of the leading manufacturers of aluminium extrusion in the US, has announced that phase two of their capacity expansion is underway. To increase output at its manufacturing facility at 43 Industrial Park Drive in Franklin, which produces customised aluminium profiles for various sectors, the business is investing $11 million. The project will create 35 possibilities for advanced manufacturing careers. The investment comprises a $6 million building project to expand the company's current 115,000-square-foot facility by 35,000 square feet of production and logistical support space. To accommodate increased production volumes made feasible by a new 2,920 tonne, 8-inch extrusion press line introduced as part of phase one's $14 million investment, another $5...
In August 2022, alumina production in South America stood at 996,000 tonnes, reflecting an increase of 22,000 tonnes or 2.21 per cent month-on-month. In July, the output totalled 974,000 tonnes, a surge of 73,000 tonnes or 8.10 per cent from 901,000 tonnes in June. That brought the three-month production to 2.871 million tonnes; however, down by 3.5 per cent from 2.975 million tonnes. On a year-on-year calculation, alumina output in South America edged a 6.30 per cent hike over 937,000 tonnes. From January to August, South America’s alumina output totalled 7.603 million tonnes, down by 9.21 per cent from 8.303 million tonnes during the corresponding period of the previous year. Daily average alumina production in South America stood at 32,100 tonnes, up by 2.23 per cent month-on-month and...
PSI Metals signed a strategic partnership with Seresco, a Spanish software company, in July. Within this partnership, Seresco will support the distribution of the PSI Metals products and launch them into new local markets. With a worldwide presence in Europe and Latin America, Seresco forms an important service group for consultancy up to software development. With these years of know-how, the company intends to specialise in the aluminium and steel sector. Thus, PSI Metals will support Seresco in building a center of excellence where resources for PSImetals solutions will always be available to customers globally. Rubén Pérez Sobrino, the Head of Business Development at Seresco, explains: "PSI Metals is the best solution to support us in achieving this goal. As a global industry leader,...
Tunisie Profilés Aluminium, which has been performing exceptionally well since the beginning of the year, posted an impressive growth of 53% in Q3 of 2022, amid outstanding success on the local market and exports. As a result, the cumulative turnover for September 2022 amounts to 147.4 million dinars, up 46% from 100.6 million for September 2021. TPR shows a substantial increase in its local market turnover of 43%, increasing from 63.3 million dinars at the end of September 2021 to 90.7 million dinars at the end of September 2022. In the Export Market, TPR recorded sales worth 56.7 million dinars, almost what the company sold in 2021. Compared to the same period in 2021, export sales increased by 58% in the third quarter of 2022. Furthermore, the total debt reached 116.3 million dinars at...
Owens & Sons Aluminum Slide-On Trailers, a family-run manufacturer of customised boat trailers, focuses on the three most fundamental challenges faced by the customers - flexing, corrosion, and an inability to adequately support the boat's hull. Based on the manufacturer's recommendations and the client's preferred towing method, the crew meticulously develops the framework for each project. Providing safe and user-friendly trailers, Owens & Sons Aluminum Slide-On Trailers utilise heavy-duty winches with quick-release options to ensure quick loading and unloading. Additionally, they use a bunk over frame arrangement to equally disperse the boat's weight. Torsion axles, which are great for reducing maintenance costs and improving suspension, and all-aluminium "I" structures are other...
The UK's leading installer of solar energy systems for companies, Centreco, has accomplished the development of a 35kW solar panel system for 3D Aluminium on their premises in Oxford, a city in central southern England. A total of 93 rooftop tier-one panels have been installed to support the company reduce its carbon footprint and supply on-site green energy. The company said, "This is expected to save over 162 tonnes of CO2 emission over the next 25 years." Additionally, 3D Aluminium will also benefit from equivalent fixed electricity costs of around 5.1p/kWh. During this winter's energy crisis, businesses will face significant pressure, which is becoming increasingly important. A three-month review will take place halfway through the Energy Bill Relief Scheme, which will run from 1...
Hindalco Industries Limited has back-to-back cut its aluminium products and aluminium ingot prices on October 11 and 12. As per the revised prices revealed, Hindalco’s latest aluminium wire rod price is standing at INR 221,100 per tonne versus INR 226,100 per tonne on October 11. Today, the price has seen a cut of INR 5,000 per tonne, while the price yesterday underwent a slash of INR 5,250 per tonne. Hindalco’s aluminium billets price is hovering around INR 224,100 per tonne as of October 12, down by INR 5,000 per tonne from INR 229,100 per tonne on the previous day. On October 11, Hindalco’s aluminium billets price witnessed a slash of INR 5,250 per tonne from INR 234,350 per tonne. Aluminium ingot price has also been reduced by INR 5,000 per tonne on October 12 to stand at INR 210,000...
Three-month LME aluminium hit a low of US$$2,191 per tonne after opening at US$2,255 per tonne on Tuesday, October 11, but then rallied and closed at US$2,251 per tonne, down 0.16 per cent. On Tuesday, October 11, LME aluminium cash bid price and LME aluminium official settlement price continued to decline for the third day in a row. Both the prices lost US$ 55.50 per tonne and settled at US$2,218 per tonne and US$2,218.50 per tonne, respectively. 3-month bid price and 3-month offer price plunged by US$62 per tonne and US$62.50 per tonne to rest at US$2,215 per tonne and US$2,215.50 per tonne. December 23 bid price and December 23 offer price further contracted by US$66 per tonne to hover around US$2,297 per tonne and US$2,302 per tonne. LME aluminium opening stock slipped 1875 tonnes to...
On Wednesday, October 12, the A00 aluminium ingot price in China slumps by RMB 180 per tonne to settle at RMB 18,420 per tonne. The average price for the same is likely to range between RMB 18,400 per tonne and RMB 18,440 per tonne, with spot contract to be traded at a discount price of RMB 70 to RMB 30 per tonne. The price in Gongyi and Wuxi dropped by RMB 200 per tonne and RMB 190 per tonne to peg at RMB 18,320 per tonne and RMB 18,410 per tonne. Hangzhou also witnessed the same price as Wuxi settling at RMB 18,430 per tonne. On the same day, the price in Foshan and Linyi descended by RMB 180 per tonne to rest at RMB 18,440 per tonne and RMB 18,470 per tonne. As per the SMM data, the price in Chongqing went down by RMB 150 per tonne to close at RMB 18,480 per tonne. The prices in...
Bravo Sierra, the men’s care company built exclusively for US military personnel, to introduce refillable body wash in a recyclable aluminium container from October 18. Customers may replace their old Bravo Sierra Body Wash bottle with the new refillable can style. The refill cans for Bravo Sierra Body Wash are the most practical and environmentally friendly option to restock because they are constructed of 100 per cent endlessly recyclable aluminium. Launched in 2019, the main of Bravo Sierra was to offer high-quality personal care products to military customers and direct-to-consumer. It is considered the first company to develop goods for active-duty military personnel. During the launch of the company, each of the items was put to the test by at least 1,000 members of the Special...
The global leader in low-carbon aluminium production, Rusal, announces the appointment of Roman Andryushin as Rusal's Deputy CEO, Sales and Marketing Director. As part of the Company's long-term strategy to grow and expand its presence, the appointment supports its long-term growth strategy. Roman Andryushin will be responsible for global aluminium sales in his new position. Previously Sales and Marketing Director Steve Hodgson remained with Rusal Marketing GmbH, supporting sales to the Company’s international consumers. Elias Sarkis has been appointed Export Sales Director, Deputy Sales and Marketing Director, and Bob Katsiouleris as Market Development and Quality Director, reporting to Roman Andryushin. Evgenii Nikitin, the General Director of Rusal, said, “Roman has worked at Rusal for...
