Peterborough City Council in the UK has launched the Every Can Counts competition, inviting schools and community groups to turn used aluminium cans into artwork to raise awareness of recycling. The council said the UK uses around 10 billion cans each year, equivalent to about 600 per household. Recycling aluminium cans requires just 5 per cent of the energy needed to produce new aluminium, making can collection and recycling an important part of reducing energy use. Join the fourth edition of webinar " Hedging for recyclers - Become an expert in 6 hours " by Jorge Dyszel. Participants have been asked to create 3D, free-standing and easily transportable artwork based on the theme 'Our Earth, Our Planet'. Entries can be made by glueing cans together, painting them or adding decorations....
India's aluminium market is expected to record stronger demand in the second quarter of FY2026-27, with consumption estimated to reach 1.735 million tonnes, a 6 per cent increase from the corresponding period last year, according to Hindalco Industries Ltd. Growth is being driven primarily by demand from the automotive and electrical sectors, highlighting the expanding role of aluminium across key industrial applications. Hindalco's Q2 FY2027 presentation estimates Indian aluminium demand at 1.735 million tonnes, compared with 1.643 million tonnes in Q2 FY2026. The latest estimate also represents a recovery from the 1.427 million tonnes recorded in Q1 FY2027. Domestic aluminium supply and imports increase Domestic primary aluminium supply is estimated at 735,000 tonnes in Q2 FY2027,...
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Three-month LME aluminium rose 1.40 per cent to close at US$ 2,577.50 per tonne in the overnight trading of last Friday, and is expected to trade between US$ 2,540-2,620 per tonne today. LME aluminium cash (bid) price and LME official settlement price inched up marginally by US$ 0.50 per tonne to stand at US$ 2,602.50 per tonne on Friday, August 13. But 3-months bid price and 3-months offer price decreased considerably from US$ 2,600 per tonne to US$ 2,592 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2,554 per tonne, down by US$ 23.50 per tonne on August 12. LME aluminium opening stock decreased from 1333575 tonnes to 1323825 tonnes. Live Warrants stood at 834950 tonnes, while Cancelled Warrants totalled 488875 tonnes. LME aluminium 3-months Asian Reference Price...
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has reported that the aluminium ingots production of the nation has escalated by 26.30% during the first four months of the current Iranian year (from March 21 through July 22, 2021), when compared to the same phase existing Iranian year. The report also reveals that the aluminium production by the four Iranian aluminium firms within the first four months uplifted to 175,000 tonnes, while during the same period in the previous Iranian year, it remained at 139,000 tonnes. The IMIDRO’s report spotlighted: “The Iranian Aluminum Company produced about 61,300 tonnes of aluminium ingots, Al-Mahdi Aluminum Company – 52,800 tonnes, South Aluminum Corporation (SALCO) – 48,400 tonnes, and Iran Alumina Company –...
The Egyptian Minister of Public Enterprise Sector, Hisham Tawfiq stated that the US firm, Bechtel Corporation, one of the most respected engineering, construction, and project management companies in the world has concluded the engineering study for the expansion project of Egypt’s largest aluminium smelter Egyptalum. Bechtel study will be presented to Egyptian President Abdel Fattah Al-Sisi soon for workable approval of the two-phase plan to add 500,000 tonnes per year to the production of the state-owned Aluminium Company. The Minister said: “The development plan for Egyptalum and Bechtel feasibility study will soon be presented to the President for a final decision.” <iframe width="500" height="380" src="https://www.youtube.com/embed/TZ3QAZj76Aw" title="YouTube video player"...
The aluminium downstream segment is considered as the major player of the global aluminium industry, however, this week it remained modest from the other segments of the value chain eventually. The Aditya Birla Group-owned Novelis Inc. declared the conclusion of its $150 million investment to enlarge both rolling and recycling capacity at its Pindamonhangaba plant in Brazil by 100 kilotonnes each. On the other part of the world, in Germany, AWB Aluminiumwerk Berlin GmbH joined as ASI’s 185th Production and Transformation member. Vedanta Limited has sharply reduced its aluminium product prices with effect from Tuesday, August 10, in tandem with the plunge in LME aluminium benchmark price on August 9. Vedanta’s aluminium wire rod price has seen a cut of INR 5,500 per tonne or 2.30 per cent...
The aluminium end-user segment remained quite insightful during the week. In Japan, beverage vendors are progressing towards the usage of aluminium replacing plastic bottles to counter ocean pollution. While in Canada Wildpack Beverages has purchased aluminium cans filler Vertical Distilling for $4.5 million in a cash deal. The world’s largest country, Russia exported 117,127 tonnes of aluminium foil during 2018-20 and the earnings occurred for the export was $338.90 million. Russian aluminium giant Rusal is a global leader in the production of primary aluminium (low carbon). To know more: https://www.alcircle.com/news/russian-export-of-aluminium-foil-during-2018-20-signifies-robust-growth-with-minimal-dip-1-growth-estimated-for-2021-69069 On 9th August 2021, Aluminium Fuel Cells...
Right from the hike in LME aluminium benchmark price to new consumption restrictions on Chinese aluminium producers, primary aluminium market has spotted some of the important news this week. From US$ 2,547 per tonne on Monday, August 9, both LME aluminium cash (bid) price and LME official settlement price increased to US$ 2,602 per tonne on Thursday, August 12, reflecting a hike of US$ 55 per tonne. 3-months bid price and 3-months offer price grew from US$ 2,553 per tonne to US$ 2,600 per tonne, while Dec 22 bid price and Dec 22 offer price climbed from US$ 2,517.50 per tonne to US$ 2,577.50 per tonne. To know more: https://www.alcircle.com/news/lme-aluminium-price-gains-us24-t-to-stand-above-us2600-t-shfe-price-continues-to-decline-to-us3090-t-70088 A00 aluminium ingot price in China...
As reported by a railway official, Indian Railways (IR) is anticipated to receive its first batch of aluminium-bodied coaches by February 2022. In a technological transpose for railways, the Raebareli based Modern Coach Factory (MCF) is considering manufacturing aluminium coaches. However, the first set of 3 coaches for Kolkata Metro are expected to be ready by early next year, whereas, in due course, IR expects to get aluminium coaches for Rajdhani and Shatabdi Express style premium trains. MCF has inked an INR 128 crore agreement with South Korean firm Dawonsys for this enterprising project. The execution of the project has been detained by the COVID-19 pandemic, as it hit hard both India and South Korea. The design for the metro coaches is believed to be concluded by the end of this...
Hindalco Industries Limited has continued to increase its aluminium ingot and aluminium product prices by INR 1,500 per tonne or 0.67 per cent with effect from Friday, August 13. Marking the second consecutive hike this week, Hindalco’s aluminium ingot price has come in at INR 224,500 per tonne compared to INR 223,000 per tonne on August 11. The company’s aluminium wire rod price and aluminium billet price have been increased from INR 234,100 per tonne to INR 235,600 per tonne and from INR 230,100 per tonne to INR 231,600 per tonne, respectively. Hindalco links its aluminium ingot and aluminium product prices to the three-month futures of aluminium on the London Metal Exchange, which after August 10 built-up US$ 23 per tonne to reach at US$ 2,602 per tonne as of August 12. On a...
The Irish research body “Economic and Social Research Institute” (ESRI) that produces independent, high-quality research to inform policies that support a healthy economy and promote social progress, stated that the Irish economy will recoil adequately this year growing by 11% on the back of stronger exports and a resurgence in consumer spending and investment linked to the easing of restrictions. The island in the North Atlantic, Ireland recorded 35,173 tonnes of aluminium structures during 2018-20 and the expenditure occurred for the import of the metal structures accounted for $148.75 million. In 2018, the nation recorded 15,001 tonnes of aluminium structures and the expenditure occurred for the import was $28.96 million, whereas, in 2019, the import unfolded a significant downfall by...
According to the Shanghai Metals Market, aluminium billet inventories in China increased by 14,400 tonnes on Thursday, August 12, across the five major consumption areas, as was estimated in the previous week. SMM data found the inventories stood at 117,600 tonnes this week compared to 103,200 tonnes on August 5. The increase in inventories could be attributed to the shrink in outbound quantity of aluminium billet by 4,900 tonnes or 10.6 per cent to 41,200 tonnes, as downstream purchase was quiet amid the surging aluminium prices. The chart below indicates the current status of aluminium billet inventories across China in more details: In Foshan, aluminium billet inventories grew 7,500 tonnes this week to come in at 53,500 tonnes, followed by an increase of 3,080 tonnes in Wuxi to stand...
Vedanta Limited has extended growth of its aluminium ingot and aluminium product prices on Friday, August 13. The company’s aluminium ingot price has come in at INR 225,000-238,000 per tonne, up by INR 1,500 per tonne from INR 223,500-236,500 per tonne on August 11. Vedanta’s aluminium wire rod price has also seen an increase of INR 1,500 per tonne from INR 231,000-238,500 per tonne on August 11 to INR 232,500-240,000 per tonne on August 13. Aluminium billet price is hovering at INR 233,000 per tonne, gaining INR 1,500 per tonne from the previous day. Vedanta limited links its aluminium ingot and aluminium product prices to the three-month futures of aluminium on the London Metal Exchange, which after August 10 built-up US$ 23 per tonne to reach at US$ 2,602 per tonne as of August 12. On...
A UK multinational non-ferrous metal recycler with an emerging market focus, Romco Metals presently recycles almost 3000 tonnes per month of non-ferrous scrap largely aluminium and copper, consigning it all over the world to car manufacturers. This mechanizes one of Romco’s sites that have processed the identical of thirty-four Olympic size swimming pools full of scrap since its commencement. Raymond Onovwigun, CEO of Romco Metals, proposes to set up a total of five more recycling plants across Africa over the next five years, totalling seven. “Ahead of the UN Climate Change Conference in November, the London-based entrepreneur is eager to point out that the ‘biggest gap in sustainable infrastructure is the lack of a structured circular economy in Africa. While Africa represents a fifth...
A00 aluminium ingot price in China has climbed by RMB 30 per tonne to close the week, ending on Friday, August 13, at RMB 20,050 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,030 per tonne and RMB 20,070 per tonne, with spot contract to be traded at a premium price of RMB 50-10 per tonne. Among all the major Chinese cities, Tianjin has seen the highest rise of RMB 60 per tonne to RMB 20,060 per tonne. In Hangzhou, primary aluminium ingot price has increased by RMB 25 per tonne to RMB 20,080 per tonne, while the price in Gongyi, Foshan, and Linyi has grown by RMB 20 per tonne to stand at RMB 19,930 per tonne, RMB 20,200 per tonne, and RMB 20,060 per tonne, respectively. In Shenyang and Wuxi, A00 aluminium ingot price is up by RMB 15...
Three-month LME aluminium increased 0.21 per cent to end at US$ 2,580.50 per tonne on Thursday, August 12. LME aluminium cash (bid) price and LME official settlement price built-up US$ 24 per tonne to stand at US$ 2,602 per tonne on Thursday, August 12, following a dip of US$ 1 per tonne in the previous day. 3-months bid price and 3-months offer price increased from US$ 2,577.50 per tonne to US$ 2,600 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2,577.50 per tonne, up by US$ 36 per tonne from August 11. LME aluminium opening stock decreased from 1340225 tonnes to 1333575 tonnes. Live Warrants stood at 836850 tonnes, while Cancelled Warrants totalled 496725 tonnes. LME aluminium 3-months Asian Reference Price settled at US$ 2,589.87 per tonne as of August 12. SHFE...
On 12 th August 2021, the world leader in aluminium rolling and recycling, Novelis Inc. announced the completion of its $150 million investment to enlarge both rolling and recycling capacity at its Pindamonhangaba plant in Brazil by 100 kilotonnes each. The annual production capacity at this rolling and recycling complex stands as the largest in South America and is expected to further increase to approximately 680 kilotonnes for aluminium sheets and 490 kilotonnes for recycling. The auxiliary recycling capacity is the fresh step in support of the company's ambitious sustainability goals to reduce its carbon footprint by 30% by 2026 and to be net carbon neutral by 2050. Steve Fisher, President and Chief Executive Officer, Novelis Inc., said: "Recycling and increasing the use of recycled...
The US Department of Energy (DOE) will reward nine domestic projects to fast-track the commercialisation of technologies that can support combining more solar electricity into the power grid. DOE will allocate $14 million of funding as part of an attempt to incentivise the domestic manufacturing across the solar industry supply chain, succouring to certify that US-made hardware is used to deploy large quantities of solar. The projects will aim at spheres such as the development of a connector that anticipates and safeguards arc fault that can cause electrical fires in PV systems, as well as a 1MW inverter for utility-scale solar systems that eradicates the need for a transformer. The revolutionary module manufacturer, Silfab Solar has secured $3 million towards enhancing scale-up...
Shanghai Metals Market found that aluminium wire and cable sector’s operating rate stood at 41.12 per cent in July 2021, reflecting a drop of 0.2 percentage point from June. But on a year-on-year calculation, it edged 0.4 percentage point higher. The month-on-month decrease in operating rate in July could be attributed to the high aluminium price and temperature. The SMM average monthly spot aluminium price in east China stood at RMB 19,023 per tonne, up by RMB 414 per tonne from June. Also, power consumption restrictions imposed by the State Grid on aluminium producers led to a decline in operating rate. Large companies reported higher production and growing news orders by leveraging on their financial strength, but smaller companies performed poorly due to losses arising from rising raw...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium gained 7,000 tonnes over the week across eight major consumption areas, including SHFE warrants. Thus, as of Thursday, August 12, primary aluminium inventories in China have come in at 739,000 tonnes. China has witnessed the increased inventories this week after five consecutive weeks of downfall since July 8. Last Thursday, on August 5, China’s primary aluminium inventories stood at 732,000 tonnes, declining by 26,000 tonnes from the previous week. The chart below indicates the current status of primary aluminium inventories across China in more details: In Wuxi, primary aluminium inventories have increased by 12,000 tonnes week-on-week to stand at 268,000 tonnes, while the inventories in Nanhai and...
