The most-traded SHFE aluminium contract opened at RMB 23,255per tonne in the night session on Oct 8, hit a high of RMB 23,365 per tonne and a low of RMB 23,195 per tonne, and closed at RMB 23,220 per tonne, down RMB 165 per tonne or 0.71 from the previous close. Futures quickly dipped and weakened, with prices falling below all cyclical moving averages of 5/10/20/40/60. All moving averages turned downward to form resistance, highlighting a bearish pattern. Trading volume during the session was 74,115 lots, with open interest at 269,000 lots, down 819 lots, mainly driven by bulls cutting positions and exiting. On the technical front, the 4-hour MACD death cross continued, with DIFF well below DEA. Green bars expanded significantly, and bearish momentum continued to be released. The LME...
Aluminium Bahrain B.S.C. (Alba) is participating in ALUMINIUM 2026, the world’s leading trade fair for the aluminium industry, taking place from 06 to 08 October 2026 at Exhibition Düsseldorf, Germany. Bringing together key players from across the global aluminium value chain, the event provides Alba with an important platform to engage with customers, industry peers and stakeholders, exchange perspectives on market dynamics, and gain insights into emerging trends and opportunities shaping the sector. Alba’s participation underscores its continued focus on strengthening stakeholder relationships, maintaining close connectivity with key markets, and reinforcing its position within the global aluminium value chain, in support of the Company’s long-term growth and value-creation ambitions....
Grow with
AL Circle
On Thursday, September 22, SMM's stockpile of aluminium billets was 106,100 tonnes, down 8,800 tonnes from the previous week. Overall, the market mood remained relatively consistent this week despite slight fluctuations in aluminium prices and minor social inventory reduction due to pre-holiday restocking. In the penultimate trading week before the National Day break, when the downstream players are anticipated to continue the restocking activities, it is expected that the billet inventory will continue to decline a little. The figure below provides further information on the current state of aluminium billet inventories in China: The inventories in Wuxi, Changzhou and Nanchang grew by 300 tonnes, 500 tonnes and 200 tonnes, respectively. As of Thursday, the inventories for the same closed...
An amazing discovery was made earlier this year when Chris Coates, site manager at the Halton Mill received a phone call from one of his factory workers. It was reported that an unidentified aluminium car chassis has been uncovered in the corner of the scrapyard at the Wicks recycling yard in Cumbria, UK. What came forward with the unveiling suggested that Lancaster might have had a chance of becoming a car manufacturing area near the end of the World War II. The journey begins in November 1944, when Denis Kendall, the MP of Grantham announced the idea of a ‘People’s Car’ acquirable for just £100 and an additional £25 tax. This led to the foundation of a new company named Grantham Productions Limited, which he wished to base on the British Manufacturing and Research Company (BMARC) on...
This week, the global primary aluminium segment witnessed many important events. To begin with, on Wednesday, the LME aluminium benchmark price dropped to its lowest in 18 months since March 2021 as markets prepared for another significant increase in US interest rates that may stifle economic development. According to Ali Al-Baqali, the Chief Executive of Aluminium Bahrain, customers in Europe are cautious about placing orders for next year owing to recession-related fears, resulting in a fall in demand (Alba). Apart from this, on Tuesday, September 20, Rio Tinto announced that it will join the First Movers Coalition forum, a worldwide endeavour to aid in the commercialization of zero-carbon technology by channelling purchasing power and supply chains, together with more than 50 other...
Tom Giddings, the executive director of Alupro, made it to Letsrecycle.com '35 under 35' list for 2022. The list, which features leaders of the future and celebrates their extraordinary experiences within the waste and resources business, aims to highlight the sector's emerging stars. The judges honoured Tom for his innovative approach to bringing about good change for the recycling of aluminium packaging. Tom is dedicated to creating a sustainable, resource-efficient future for the UK's packaging supply chain. He is a great champion of the circular economy. “Being named in the Letsrecycle.com ’35 under 35’ list for 2022 is a real honour. While my role as executive director of Alupro sees me represent one of the most dynamic industries in the UK, being recognised by my peers as a true...
The LME aluminium benchmark price has slipped by US$79 per tonne this week from September 19 to 23. On Monday, both LME aluminium cash bid price and LME aluminium official settlement price began the week with a decline of US$26 per tonne and US$27 per tonne, respectively, to stand at US$2,231 per tonne and US$2,232 per tonne, respectively. On Tuesday, the prices rose by US$14 per tonne and US$13.50 per tonne to rest at US$2,245.50 per tonne but dropped to an 18-month low on Wednesday, September 21, by 2.4 per cent to US$2,189 per tonne and US$2,191 per tonne. On Thursday, the prices increased again by US$6 per tonne and US$4.50 per tonne to US$2,195 per tonne and US$2,195.50 per tonne but ended the week with a sharp fall to US$2,152 per tonne and US$2,153 per tonne, respectively. 3-month...
Hindalco Industries Limited increased its aluminium ingot and aluminium products prices on Friday, September 23, followed by a cut on the previous day. The company added INR 2,500 per tonne to its aluminium ingot price to sell the product at INR 203,750 per tonne versus INR 201,250 per tonne on September 22. Hindalco’s aluminium wire rod price also gained INR 2,500 per tonne on September 23 to come in at INR 214,850 per tonne. On September 22, the wire rod price stood at INR 212,350 per tonne, down by INR 3,000 per tonne from September 20. Hindalco’s aluminium billets price was no exception but also experienced a growth of INR 2,500 per tonne from INR 215,350 per tonne to INR 217,850 per tonne. Hindalco Industries links its aluminium ingot and aluminium products prices to the three-month...
The Sri Lankan exporter of quality aluminium extrusion products to the global market, Swisstek Aluminium Ltd, joined Aluminium Stewardship Initiative as the new Production and Transformation member. Incorporated in 2009, Swisstek Aluminium is a subsidiary of Lankatiles and Vallibel One. In addition to a broad selection of aluminium products, Swisstek Aluminum also provides specifically tailored solutions for each market segment, including industrial, architectural, and residential applications. Swisstek Aluminium creates various cutting-edge and environmentally friendly solutions to meet all needs in an effort to partner with architects, fabricators, project developers, and house owners. "Multi-dimensional initiatives taken by ASI to drive factors related with environment, social and...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a decrease of 9,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, September 22, the inventories totalled 666,000 tonnes, which in comparison with the month’s third Monday, September 19, shrunk by 19,000 tonnes. As of now, the inventories in September dropped by 122,000 tonnes as recorded in the same period last year and by 11,000 tonnes than in August. Mainly, the inventory decreased in Wuxi, Nanhai and Hangzhou with arrivals from Wuxi and Gongyi being affected by prevailing pandemic restrictions and curtailed railway transportation in Xinjian. In fact the shipments of aluminium billet from Xinjian were also limited. The Nanhai inventory...
In Grande Prairie, Alberta, Nespresso Canada has introduced its Green Bag recycling programme. Through collaboration with Aquatera Utilities Inc., Nespresso Club members who live in the City of Grande Prairie will now have access to this recycling solution. The first municipality in Alberta to use the Green Bag approach is Grande Prairie. Residents of Grande Prairie are now allowed to dispose of their spent aluminium Nespresso capsules by placing them in a recyclable green bag and setting it next to or on top of their blue bag at the curb. There will be a drop-off location in the city and a curbside collection. The bags are then delivered to a Nespresso recycling partner after being sent to the sorting centre. The capsules go through a mechanical process to separate the coffee grinds from...
Thailand has received its first AI-enabled reverse vending machine (RVM), ‘Circu-larOne’ from SUSTAINTECH, n eco-friendly tech start-up. This vending machine has been developed by Thai people and is controlled by the cloud business of global technology company Tencent. The RVM accepts PET or glass bottles and aluminium cans. The cloud codding by Tencent is responsible for CircularOne’s perfect operations, including accepting, sorting and preparing the bottles or aluminium cans for recycling. This technology will help induce a circular economy where used products can be returned via a portal for complete restoration. The Founder and CEO of SUSTAINTECH, Chirawat Tangkitchaiwat, quoted: “The world today is facing an air and natural resource crisis, a result of manufacturing, consuming and...
Novo Capsule, a Switzerland-based joint venture, is the pioneer in producing aluminium coffee pods compatible with Nespresso machines that leave a smaller carbon footprint and have almost 8 per cent increasing demand in the near future due to its sustainability quotient. No wonder Novo Capsule is leading the production cycle to suffice this extraordinary demand for aluminium coffee pods. Spresso Novo-Cup, in collaboration with Leuthold Mechanik, a Swiss manufacturer of tools for deep-drawing Aluminium together create the brain of Novo Capsule; the companies oversee the operations of the world's largest unit for manufacturing aluminium espresso capsules. The coffee pod manufacturing business has seen steady growth despite the harrowing situations of the global pandemic, and as the National...
With an aim to increase its refining capacity, Runaya Refining has placed an order for two additional SARAH hot dross processing units from Taha International. The acquisition aims to strategise to employ cutting-edge technology in the manufacturing industry while also preserving the environment. The acquisition will also help the Indian aluminium industry to grow through valuable tie-ups between national and global industry leaders. Runaya Refining currently serves 67 per cent of India’s primary aluminium producers. Patrick Pollmann, Group CEO, TAHA International, appreciated the successful collaboration and said, “Runaya has shown great leadership by continuously adopting innovative solutions and fully committing to sustainability in the field of aluminium. They are making another...
Hero Lectro, the premium e-cycle brand of Hero Cycles & e-bikes in India, recently introduced three new variants of their existing C and F series line-ups - the C1, C5x, and F1. The new e-cycles have cutting-edge aluminium alloy 6061 frames for higher structural strength and corrosion resistance. "Having launched the first e-cycles in India, we at Hero Lectro are today witnessing its widespread adoption across the length and breadth of India," said Aditya Munjal, Director at Hero Cycles. Aluminium alloy 6061 is a great option for bicycle frames. It offers stiffness, toughness and structural strength, strong corrosion resistance, and favourable machining properties. When welding is necessary as it is with bicycle frames, the 6061 alloys, which is alloyed with silicon and magnesium, is a...
On 21 st September, the President of the West African nation Ghana, Nana Akufo-Addo, declared during the 77 th session of the United Nations General Assembly (UNGA) that Ghana is developing an integrated bauxite and aluminium industry. He added that Ghana was refining its natural resources - especially gold- and processing more of its cocoa. The President also said Ghana is committed to exploiting its lithium deposits. "We are building an integrated bauxite and aluminium industry, an integrated iron and steel industry, and new oil refineries. We have already enticed six (6) of the biggest automobile manufacturers to set up assembly plants in Ghana before assembling and manufacturing them there," he stated. "Creating a single market is a key to achieving the country's industrialization...
According to the General Administration of Customs, China’s primary aluminium import amounted to 49,300 tonnes in August 2022, reflecting a downfall of 3.35 per cent month-on-month and 53.3 per cent year-on-year. That brought the total imports during January-August to 297,600 tonnes, a year-on-year plunge of 71.1 per cent. The net import in August stood at 43,200 tonnes after shrinking by 0.43 per cent from the previous month. On a year-on-year calculation, the net import in the said month shrank by 58.9 per cent. During January-August, China’s net imports of primary aluminium totalled 107,200 tonnes, down by 89.54 per cent from the corresponding period of the last year. Russia was the leading exporter of the metal, supplying 42,000 tonnes, which accounted for 84.5 per cent of China’s...
LME aluminium opened at US$2,200.50 per tonne on Thursday and closed at US$2,223 per tonne, an increase of US$20 per tonne or 0.91 per cent. LME aluminium cash bid price has increased by US$6 per tonne or 0.27 per cent to settle at US$2,195 per tonne, and LME aluminium official settlement price has risen by US$4.50 per tonne or 0.2 per cent to rest at US$2,195.50 per tonne on Thursday, September 22. 3-month bid price has dropped by 0.07 per cent or US$1.50 per tonne to stand at US$2,214.50 per tonne, while the 3-month offer price has witnessed a US$2.50 per tonne or 0.11 per cent slump, closing at US$2,215.50 per tonne. December 23 bid price and December 23 offer price both lose 0.17 per cent or US$4 per tonne, stopping at US$2,313 per tonne and US$2,318 per tonne, respectively. Domestic...
On Friday, September 23, the A00 aluminium ingot price went up by RMB 50 per tonne to settle at RMB 18,710 per tonne. The average price for the same is expected to range between RMB 18,690 per tonne and RMB 18,730 per tonne, with spot contracts to be traded at a discount price of RMB 70 to RMB 30 per tonne. As per the SMM data, the prices in Foshan, Wuxi, Hangzhou, Shenyang and Linyi have grown by RMB 50 per tonne to reside at RMB 18,730 per tonne, RMB 18,700 per tonne, RMB 18,720 per tonne, RMB 18,660 per tonne and RMB 18,710 per tonne. In Gongyi and Chongqing, the prices ascended by RMB 40 per tonne and RMB 20 per tonne to come in at RMB 18,620 per tonne and RMB 18,690 per tonne. The A00 aluminium ingot price has grown in all the central provinces, except Tianjin, where it witnessed a...
Headquartered in Bozeman, Montana, Go Fast Campers has declared itself making the world's strongest truck topper that can support up to 800 pounds of dynamic load. The truck topper has been internally reinforced with steel, whereas; the outer tubular space frame consists of extruded aluminium. Apparently, this GFG Platform Topper is sturdier than the bed rails of any other contemporary pick-up truck. To prove the static load capacity of these toppers, the company has very carefully balanced a 4,500-pound Ford F-250 on top of a GFG Platform Topper mounted Toyota Tacoma. Although Jalopnik alumnus Wes Siler finds this an exaggeration, the move definitely justifies the company's claim. These aluminium-clad toppers are suitable for mini-trucks and can be used during camping expeditions and...
