Overseas primary aluminium spot markets remained generally subdued this week, although price movements became more mixed across Asia. Downstream demand remained weak, but tightening availability in Southeast Asia reduced the presence of low-priced offers, while Japan’s MJP spot premium moved higher following several recent transactions. South Korea saw a marginal improvement in downstream purchasing, although demand remained concentrated on immediate requirements rather than broader restocking. In the United States, the Midwest DDP premium stayed at 105 US cents per lb, while overall market activity remained weak. I. Review of spot premiums by region According to the latest SMM data, the CIF Thailand P1020A premium stood at around USD 225 per tonne , while the FCA South Korea premium was...
Australian bauxite producer Metro Mining shipped 752,000 wet metric tonnes (WMT) of bauxite in October 2026, up 14 per cent from September, as operations at its Bauxite Hills Mine in Cape York, Queensland, recovered from earlier disruptions. The company said the factors affecting output in September were progressively addressed during the first half of October. Following a planned two-day maintenance shutdown, operations recorded daily shipment rates above 30,000 tonnes, culminating in the fastest Capesize vessel loading of the year. Mining performance also improved after permanent and temporary staff were added to production crews, alongside a stronger focus on productivity. CEO and Managing Director Simon Wensley said, “ Production crews have been supplemented with permanent and...
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Indian Industrial Value Chain Collective (IIVCC), a group representing organisations involved in the industrial production and consumption supply chain activities across India, released data on Tuesday, June 22, indicating India’s loss from bauxite import activities. In Q1 2021, the country witnessed a loss of INR 390 crore ($51.97), which otherwise should have belonged to the people of India, particularly to the participants in the value chain of extraction, transportation, processing, and supply of bauxite. This proves that despite the devastating second wave of COVID-19 hitting the country and industries hard, raw material sufficiency continues to be a burning need for the domestic aluminium industry. Commenting on the situation, Abhay Raj Mishra, member of Indian Industrial Value...
The Dutch economy is envisioned to grow by 2.7% in 2021 and 3.7% in 2022, reaching the pre-Covid levels at the beginning of 2022. Consumption will navigate the recovery as households normalise their saving after the sharp increase in 2020. Private investment will enhance, but pursue to be held back by abiding uncertainty. Bankruptcies are expected to rise and unemployment is set to peak in the second half of 2021 following the phasing out of support measures. The manufacturing and export of machinery, metallurgy, electrical goods contribute heavily to the economy of the Netherlands. These industries other than selling their products also support the economy by exporting metal scrap, as aluminium is one of them. The north-western European nation’s export of aluminium scrap during 2018-20...
According to the International Aluminium Institute data, world primary aluminium production in May 2021 rebounded at 5.744 million tonnes, reflecting an increase of 3.63 per cent from 5.543 million tonnes in April. On a year-on-year calculation, world primary aluminium production in May edged 5.78 per cent higher than 5.430 million tonnes. In the first five months of the year, output totalled 27.942 million tonnes, up by 4.35 per cent from 26.777 million tonnes during the same period last year. China, the world’s highest primary aluminium producer, churned out 3.344 million tonnes in May. That was 3.98 per cent up month-on-month from 3.216 million tonnes and 9 per cent year-on=year from 3.068 million tonnes. During January-May, China produced 16.211 million tonnes of primary aluminium in...
Vedanta Limited has further reduced its aluminium products prices, although lower than the previous, with effect from Tuesday, June 22. Vedanta has cut its aluminium wire rod price by INR 1,500 per tonne or 0.71 per cent from INR 211,000-218,500 per tonne on June 19 to INR 209,500-217,000 per tonne on June 22. The company is currently selling its aluminium billet price at INR 210,000 per tonne, also down by INR 1,500 per tonne from INR 211,500 per tonne on June 19. Vedanta’s aluminium ingot price has also witnessed a cut of INR 1,500 per tonne with effect from June 22 to come in at INR 202,000-215,000 per tonne. On Saturday, June 19, Vedanta’s aluminium ingot price stood at INR 203,500-216,500 per tonne. Vedanta links its aluminium products and aluminium ingot prices to the three-month...
The announcement of a contract extension between Airbus and Magellan Aerospace (UK) is considered as a move that should foster the North Wales sites. The deal will realize the supply of aluminium and titanium structural wing components from Magellan UK’s facilities throughout Europe and India. The aerospace systems and component manufacturer, Magellan has sites on Deeside and in Llay, Wrexham, where 350 staffs are employed. The deal includes precision machined details and assemblies for use on the Airbus A320 and A330 aircraft, whose wings are assembled at Airbus Broughton in Flintshire. However, as of yet no parties have revealed the details on the value or length of the contract extension. Phillip C. Underwood, President and CEO of Magellan said: “This scope of work with Airbus...
According to the Shanghai Metals Market, A00 aluminium ingot price has gained RMB 130 per tonne to close above RMB 18,500 per tonne. On Tuesday, June 22, the price is standing at RMB 18,510 per tonne, with average prices expected to range between RMB 18,490 per tonne and RMB 18,530 per tonne. The spot contract is likely to be traded at a premium price of RMB 10-50 per tonne. In Shenyang, A00 aluminium ingot price has increased the highest by RMB 155 per tonne to settle at RMB 18,510 per tonne on June 22. In Hangzhou, the price has grown by RMB 150 per tonne to RMB 18,530 per tonne, followed by the hike of RMB 135 per tonne in Wuxi to RMB 18,510 per tonne. In Gongyi and Linyi, primary aluminium ingot price has gained RMB 120 per tonne and RMB 110 per tonne to come in at RMB 18,500 per...
Three-month LME aluminium closed 0.69 per cent higher at US$ 2,402 per tonne on Monday, and is expected to trade between US$ 2,380-2,450 per tonne today. LME aluminium cash (bid) price and LME official settlement price opened the week on Monday, June 21, with a further downfall of US$ 20.50 per tonne to close at US$ 2,353.50 per tonne. 3-months bid price and 3-months offer price stood at US$ 2,370.50 per tonne, down by US$ 9.50 per tonne from US$ 2,380 per tonne. Dec 22 bid price and Dec 22 offer price declined from US$ 2,374.50 per tonne on June 18 to US$ 2,366.50 per tonne on June 21. LME aluminium opening stock decreased from 1621325 tonnes to 1612900 tonnes. Live Warrants totalled 1027775 tonnes, while Cancelled Warrants stood at 585125 tonnes. LME aluminium 3-months Asian Reference...
On 21st June 2021, the three-decades-old Aparna Enterprises Limited, expertise in the building-materials industry in the Indian market announced its plans to invest INR 100 crore towards bracing its aluminium window and door system brand Alteza in the next 4 years. The investments will be utilized for strengthening its product portfolio as well as a manufacturing facility, marketing and retailing. The company also witnessed the roll-out of its latest range of slim aluminium sliding door system - ACA M-19 Series. Ashwin Reddy, Managing Director, Aparna Enterprises Limited, while commenting on the plans for Alteza, said: “Aluminum window and door system market in India is close to INR 20,000 crores and it is growing at a CAGR of 7.9%. There is growing demand for quality products as well as...
Coca-Cola Japan floated their regional bottle designs observing the famous landmarks and traditions in major Japanese cities, a few years ago. These elusive aluminium bottles of the coke can be located only in the particular regions they feature, making them fun souvenirs from any trips around Japan. The northern prefectures such as Aomori, Akita and Iwate have featured before, with bottles that integrate traditional festivals and prominent buildings into the design, however, now these three areas will appear side-by-side on one Coca-Cola aluminium can. It’s being sold under the moniker of the "Michinoku Design." Michinoku is a former province of Japan that spanned these three modern-day prefectures. The name of each prefecture is written in kanji, beside a depiction of a famous festival...
The United States-based paint and speciality material supplier PPG is reportedly investing in expanding the capacity of manufacturing coatings at two of its plants in Netherlands and Poland, in a bid to meet the increasing demand for aluminium and steel cans coatings in the beverage, food, and personal care markets. PPG will invest in its facility in Tiel, Netherlands, to increase 30 per cent production capacity of PPG INNOVEL non-bisphenol A (BPA) internal coatings, dedicated primarily for beverage cans. The project is scheduled to be completed in the first quarter of next year. The Tiel plant will also double its capacity for producing PPG iSENSE external coatings by the end of this year. Besides, PPG will invest in its facility in Cieszyn, Poland, to double its capacity for producing...
The buzzer is on, the final call is ringing, what are you waiting for? AlCircle warmly welcomes you all to its second virtual event “AlCircle Expo 2021”. This time the list of exhibitors has expanded, and so has the list of sponsors for ‘AlCircle Expo 2021’. More Exhibitors and more Sponsors on board resemble the opportunity for more business networking, meeting more people (virtually), and gathering more knowledge. So, stop thinking more and join the list now to exhibit your brand and indulge in networking. The event will virtually take place on June 29 & 30, from 9 AM to 5 PM GMT. On a happier note, we are euphoric to announce the updated names who have confirmed their participation as exhibitors & sponsors. To feature your name in this list, reach us at events@alcircle.com Following...
The Saudi Arabian Mining Company (Ma’aden) alumina refinery production is fed into Ma'aden’s Smelter. The Smelter’s annual production capacity is 780,000 tonnes per year of primary aluminium. The technology used in Ma’aden’s Smelter is AP Technology. The alumina refinery feedstock comes from large bauxite deposits in the Al Ba’itha mine, which includes the mine as well as the ore-crushing and handling facilities. The mine’s estimated production is 5 million tonnes per year of dry weight bauxite. The ore is then transported via the new North-South railway line to Ras Al Khair Industrial City, feeding the Ma’aden’s Refinery. The plant is the first alumina refinery in the Middle East, with a 1.8 million tonnes production capacity per year. The second-largest country in the Arab world, Saudi...
Vedanta Aluminium Power and Business, India’s largest producer of aluminium and aluminium value-added products, has given a 200-bedded state-of-the-art COVID Hospital to the people of Odisha for timely and proper treatment to the critically ailing patients. Odisha Chief Minister Shri Naveen Patnaik inaugurated the hospital in a virtual ceremony in presence of Vedanta Chairman Mr Anil Agarwal and Deputy CEO Mr Rahul Sharma. The hospital has been funded by Vedanta and will be managed by the Government of Odisha. The hospital is a 200-bedded fully oxygenated facility having 16 Intensive Care Units (ICU) and 16 High Dependency Units (HDU) with ventilator support and a dedicated team of doctors and medical staff to provide medical services to patients. The hospital also has a paediatric ward...
Three-month LME aluminium decreased 4.41 per cent to end at US$ 2,352 per tonne on Thursday night, with open interest losing 1,771 lots to 697,000 lots, and is expected to trade between US$ 2,320-2,420 per tonne today. LME aluminium cash (bid) price and LME official settlement price extended decline for the fourth day in a row by US$ 53.50 per tonne or 2.20 per cent to close at US$ 2,374 per tonne as of Friday, June 18. 3-months bid price and 3-months offer price stood at US$ 2,380 per tonne, down by US$ 27 per tonne from US$ 2,407 per tonne on June 17. Dec 22 bid price and Dec 22 offer price declined from US$ 2,395 per tonne on June 17 to US$ 2,374.50 per tonne on June 18. The LME aluminium opening stock decreased from 1627225 tonnes to 1621325 tonnes. Live Warrants totalled 1039150...
Monday, June 21, marks the fourth consecutive day for the decline in A00 aluminium ingot price in China since the country announced to release about 900,000 tonnes of the metal from state reserves. According to the Shanghai Metals Market, the price has decreased by RMB 170 per tonne to come in at RMB 18,380 per tonne. The average prices are expected to range between RMB 18,360 per tonne and RMB 18,400 per tonne, with spot contract to be traded at a premium price of RMB 10-50 per tonne. In Hangzhou and Shenyang, primary aluminium ingot price has plunged by RMB 185 per tonne to stand at RMB 18,380 per tonne and RMB 18,355 per tonne, while the price in Wuxi has declined by RMB 180 per tonne to come in at RMB 18,375 per tonne. In Chongqing and Linyi, A00 aluminium ingot price has slid by RMB...
The Directorate General of Trade Remedies (DGTR) of India has endorsed imposing anti-dumping duty on aluminium foils imports from China, Malaysia, Thailand and Indonesia to counterbalance the dent created to domestic industry from cheaper imports. The finance ministry of India has been recommended by DGTR to impose anti-dumping duty of $93.53-$976.99 per tonne on foil, following a year-long investigation. The complaints were filed by Hindalco Industries Ltd, Raviraj Foils Ltd and Jindal India Ltd about the dumping of aluminium foil of 80 microns and below in FY20. However, DGTR disbands the suggestion that Raviraj and Jindal India are importing aluminium foil stock and hence cannot claim the status of domestic industry. It did not incorporate foil stock as a separate anti-dumping...
From Russian Ambassador’s visit to Klil in Israel to the fair possibility of trade dispute resolve between the EU & US concerning aluminium tariffs, the global downstream aluminium market has witnessed a plethora of events this week from June 14 to June 18. Russian ambassador Anatoly Viktorov recently visited the Klil factory in Karmiel, along with his wife and the mayor of Karmiel Moshe Koninsky. During the visit, Viktorov revealed that he was extremely impressed by Klil’s advanced technology of manufacturing aluminium windows. Tzuri Daboosh, chairman of Klil, noted: “It is an honor to host the Russian ambassador at the plant, and the visit may open new collaborations in the field of aluminum.” To know more:...
The global aluminium industry’s alumina segment remained heavily eventful this week. National Aluminium Company Limited, Government of India owned integrated and diversified mining, metal and power organisation has been obstructed by residents of a village in Odisha, when government staffs went for identification for red mud pond. While in the world’s sixth-largest country, Australia, the ASX has granted a trading halt to King River Resources ahead of the release of PFS on the Kwinana HPA project. The construction of the alumina refinery with a production capacity of 1 million tonnes per year in the Galang Batang Special Economic Zone has been accomplished, as confirmed by President Director of PT Bintan Alumina Indonesia (BAI), Santoni. To know more:...
