A should-cost analysis of an aluminium tower furnace in India: Comparing the economics of LPG, PNG, and electric energy sources
8MINS
Downstream

A should-cost analysis of an aluminium tower furnace in India: Comparing the economics of LPG, PNG, and electric energy sources

In precision non-ferrous casting and high-volume die-casting operations, thermal energy conversion represents one of the largest controllable operating expenses. In modern aluminium foundries, where margins are squeezed by primary metal price fluctuations and stringent customer cost breakdowns, even a modest INR 1–2/kg variance in liquid metal melting cost can translate into tens of lakhs of rupees in annual cost differences. A rigorous, transparent should-cost benchmark is therefore essential for procurement teams, foundry managers and strategic sourcing leaders. This analysis examines a baseline should-cost model for a 1,000 kg/hour aluminium shaft or tower furnace in an industrial foundry. It compares liquefied petroleum gas (LPG), piped natural gas (PNG) and electric energy across...

10MINS
End User

Germany’s construction aluminium demand falls 12%, but 2027 recovery and recycling offer fresh growth prospects

Germany’s construction industry has endured several years of contraction, weighed down by elevated financing costs, expensive building materials and subdued residential investment. The downturn has also affected the country’s aluminium industry, with estimated construction-related aluminium consumption declining by around 12 per cent between 2022 and 2025. However, the outlook is beginning to change. With Germany’s construction industry projected to return to growth in 2026 and accelerate further in 2027, opportunities are emerging for aluminium suppliers across residential construction, transport infrastructure, energy networks and commercial developments. At the same time, efforts to strengthen closed-loop aluminium recycling in buildings could provide an additional avenue for growth....


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Rio Tinto’s H1 aluminium production at record levels
3MINS

Rio Tinto’s H1 aluminium production at record levels

<p>Anglo-Australian mining titan Rio Tinto reported financial results for the first half of 2016 yesterday. The firm credits strong performances in bauxite and aluminium as contributing to their strong performance in the half.<br /><br />&ldquo;Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop of continued volatility and lower commodity prices,&rdquo; explained Rio Tinto chief executive Jean-S&eacute;bastien Jacques. &ldquo;We focus on delivering value to shareholders. This focus is unrelenting, with further cost reductions achieved in the half and EBITDA margins of 33 per cent. With our strong operating cash flows, tight control over capital expenditure and progress on divestments, the balance...

India major aluminium scrap prices remain flat; aluminium futures up
2MINS

India major aluminium scrap prices remain flat; aluminium futures up

<p>India major aluminium scrap commodities prices remained flat on Wednesday; while aluminium futures prices at Multi Commodity Exchange ended up as support seen after Norsk Hydro raise its estimate of growth in global aluminium demand to between 4 per cent and 5 per centfrom 3-4 per cent. <br /><br />The major aluminium scrap commodities showed a flat trend during Wednesday. India's major scrap commodities like aluminium accessories scrap, aluminium cable scrap , aluminium rod company, aluminium rod local, aluminium scrap 6063, aluminium scrap taint/tabor, aluminium sheet cutting, aluminium wire scrap remained flat on Wednesday.<br /><br />The most active August aluminium contract on Multi Commodity Exchange settled slightly up by 1.21 per cent to INR 109.85 per kilogram on Thursday from...

Nanotherm launches 100um through-hole via technology for LED packaging applications
2MINS

Nanotherm launches 100um through-hole via technology for LED packaging applications

<p>Cambridge Nanotherm, a producer of innovative Nanoceramic thermal management technology for LEDs, has launched &lsquo;Nanotherm DMTH' - a double-sided substrate interconnected by laser drilled 100um through-hole vias. The technology development enhances Nanotherm DM&rsquo;s position as the leading substrate choice for high-brightness LED packaging applications.<br /><br />Nanotherm&rsquo;s patented electro-chemical oxidation (ECO) process converts the surface of aluminium into a super-thin ceramic layer, forming a Nanoceramic dielectric with exceptionally high thermal conductivity. This thermal performance helps keep LED die temperatures low ensuring longer lifetime and better colour rendering by removing excess heat as efficiently as possible.<br /><br />The new product is based on...

Guinea to beat Australia as top bauxite supplier to China by 2017
1MINS

Guinea to beat Australia as top bauxite supplier to China by 2017

<p>Experts predict that Guinea will replace Australia as China&rsquo;s top bauxite supplier by 2017, China&rsquo;s Ministry of Finance said on its website on July 22. <br /><br />Bauxite output in Guinea totaled some 19 million tonnes in 2015 and is expected to reach 28 million tonnes by 2016. The figure is likely to hit 66 million tonnes by 2018 along with expansions at CBG and commencement of GAC, COBAD and ALUFER, according to the Ministry of Mines and Geology of the Republic of Guinea.&nbsp; &nbsp;<br /><br />China Winning Group, a consortium jointly invested by Singapore&rsquo;s Winning International Group, China&rsquo;s Yantai Port Group, China&rsquo;s Shandong Hongqiao Group, and Guinea&rsquo;s United Mining Supply (UMS), established Soci&eacute;t&eacute; Mini&egrave;re de...

India major aluminium scrap prices down in line with aluminium futures
2MINS

India major aluminium scrap prices down in line with aluminium futures

<p>India major aluminium scrap commodities prices declined on Tuesday in line with aluminium futures prices at Multi Commodity Exchange tracking LME Three-month aluminium which closed down 0.6 percent at $1,625 as recent US data suggests tepid economic growth, slowing manufacturing activity and subdued inflation.<br /><br />The major aluminium scrap commodities showed a down trend during Tuesday. India's major scrap commodities like aluminium&nbsp; accessories scrap, aluminium cable scrap , aluminium ingots, aluminium scrap&nbsp; 6063, aluminium scrap taint/tabor, aluminium sheet cutting, aluminium utensil&nbsp; scrap, aluminium wire scrap traded lower on Tuesday.<br /><br />The most active August aluminium contract on Multi Commodity Exchange settled slightly up by 0.5 per cent to INR...

Chinese aluminium smelter remain in profit territory, despite higher costs
1MINS

Chinese aluminium smelter remain in profit territory, despite higher costs

<p>Aluminium smelters in China posted big profit in July, despite rising costs, SMM learned.<br /><br />Smelters surveyed by SMM reported average profit to 1,250 yuan per tonne in the week ending July 29.<br /><br />Average cost at smelters in SMM&rsquo;s survey sample rose 2.1 per cent from June to 10,752 yuan per tonne in July, driven mainly by an 8.33 per cent increase in power costs. Rising coal prices pushed up captive power costs at smelters. <br /><br />Alumina cost slid 1.63 per cent, while prebaked anode cost was up 1.24 per cent, and cost for other supplementary materials dropped 2.84 per cent.</p>

Shandong boasts as China top alumina producing region in H1 2016
1MINS

Shandong boasts as China top alumina producing region in H1 2016

<p>Shandong province took crown as China&rsquo;s top producing region of alumina , aluminium and aluminium semis in the first half of the year, reported industry sources, citing Henan Nonferrous Metals Industry Bulletin. &nbsp;<br /><br />Alumina output at top five provinces totaled 27.27 million tonnes, 96.63 per cent of national total. The table below shows the details: <br /><br />Unit: tonne<br /><br />Alumina Output by Region<br /><br /></p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Alumina%204.8.16.jpg" alt="News" width="327" height="242" /></p>

Asia alumina: Australia range-bound despite stronger LME aluminium
2MINS

Asia alumina: Australia range-bound despite stronger LME aluminium

<p>The Platts Australian alumina daily assessment at $234/mt FOB on Monday was unchanged from Friday, despite a steep rise in LME aluminium in the last two days.<br /><br />There have been rumblings of renewed interest in China for October shipments, with buyers guidance at $235-$240/mt CIF Lianyungang/China main port.<br /><br />Chinese smelters sometimes stock up on alumina during the fourth quarter ahead of the peak winter conditions, when blizzards and blustery winds have been known to slow down the rail network. However the seasonal restocking does not occur faithfully every year, depending instead on market fundamentals.<br /><br />On Monday, a Chinese smelter said it was not unreasonable for Australian material to fetch Yuan 200/mt or $30/mt more than China domestic supply, in...

Aluminium consolidating recent gains; prices encountered resistance at $1,638
2MINS

Aluminium consolidating recent gains; prices encountered resistance at $1,638

<p>Aluminium is consolidating, having failed to find follow-through buying momentum above $1,640 yesterday, as implied by the long upper shadow.<br /><br />Prices have encountered resistance from the 20 DMA at $1,638 but are so far holding support at $1,630 from the 40 DMA and the UTL formed by January/February/June lows. Resistance above is seen at $1,660/1,700. The stochastics remain supportive. Support below is seen at the 55 and 100 DMAs at $1,608 and 1,586 respectively. There remains room back to $1,520 to maintain the overall uptrend established so far this year.<br /><br />Macro factors<br /><br />LME stocks remain down a net 595,750 tonnes or 21 percent so far this year despite recent inbound deliveries. The c-3m spread stands at $9.5 contango. Longer-dated spreads have tightened...

Alufoil Trophy China: New competition in China for excellence
2MINS

Alufoil Trophy China: New competition in China for excellence

<p>The Global Aluminium Foil Roller Initiative (GLAFRI) has announced the launch of a Chinese version of the well-established and highly respected Alufoil Trophy competition at ALUMINIUM CHINA. The new event will recognise excellence in aluminium foil in five different categories.<br /><br />Alufoil Trophy China will be open to Chinese packaging designers, brand owners, foil rollers, foil converters, foil container manufacturers, closure manufacturers, household foil manufacturers, retailers, and industrial solution providers; including combined entries from any of these disciplines. Packs or applications entered must be designed, produced, filled or sold in China.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...

Alba awards GE and GAMA consortium as power station 5 EPC contractor
2MINS

Alba awards GE and GAMA consortium as power station 5 EPC contractor

<p>Aluminium Bahrain B.S.C. (Alba), home-base of the Line 6 Expansion Project, has awarded GE and GAMA Consortium the Engineering, Procurement and Construction (EPC) contractor for its Power Station (PS 5).<br /><br />Under the terms of the contract, GE and GAMA Consortium will be responsible to design, engineer, procure, construct and commission 1,792 megawatts (MW) Combined Cycle Gas Turbine Power Plant with an efficiency of 54%. GE will provide three 9HA gas turbines, three steam turbines and three high recovery steam generators (HRSGs) for the project.<br /><br />Commenting on this appointment, Alba&rsquo;s Chairman of Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa said: &ldquo;The appointment of GE and GAMA Consortium is another significant milestone in Line 6...

CBIX dropped 2.8% (US$1.4/dmt) last week of July, closing at US$48.1/dmt
2MINS

CBIX dropped 2.8% (US$1.4/dmt) last week of July, closing at US$48.1/dmt

<p>CBIX dropped 2.8 per cent (US$1.4/dmt), closing at US$48.1/dmt for the week due to two lower ViU cargos from Malaysia re-entering the Chinese market. This is despite a further extension of the Malaysian mining ban, by two months, to September 15th.<br /><br />Malaysian FOB prices remain unchanged at US$26/dmt (non-ViU) for unwashed material. Prices for washed material are approximately US$37/dmt FOB (non-ViU). Rationale for the mining ban extension is the export of all existing stocks (port and mines) and the clearing of stockpile areas outside the Kuantan port area, before normal mining and export arrangements can resume.<br /><br /><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Bauxite%20Index.png" alt="News" width="688" height="468" /><br /><br />In...

Bristol unveils the Bristol Bullet, its new sports car with an aluminium chassis
2MINS

Bristol unveils the Bristol Bullet, its new sports car with an aluminium chassis

<p>British carmaker Bristol has recently unveiled its new sports car, the Bristol Bullet. Powered by a 370bhp 4.8-litre V8, this swanky sports car will mark the 70thanniversary of Bristol. The sales are expected to begin by the end of 2016. <br /><br />Each speedster is hand-made over two weeks at the company&rsquo;s factory in Chichester, Hampshire, and will only be sold through Bristol&rsquo;s iconic dealer in Kensington.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/bullet1.jpg" alt="News" width="512" height="341" /><br /><br />The main chassis of the Bullet is made of bonded aluminium to maintain its superlight structure and the retro bodywork of the car is crafted from carbon-fibre....

Demand for packaged beverages to drive market for aluminium-coated liquid packaging cartons
2MINS

Demand for packaged beverages to drive market for aluminium-coated liquid packaging cartons

<p>According to a recent market report published by Persistence Market Research on global market for packaging cartons, the revenue generated from sales of liquid packaging carton market has been estimated to be valued over US$ 12.0 billion by 2016 end, and is projected to increase at a CAGR of 5.5 per cent during 2016-2024. The consumption of aluminium in this packaging segment is also slated for a significant rise. <br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Liquid%20Packaging%20Cartons.jpg" alt="News" width="350" height="343" /><br /><br />Liquid Packaging Cartons are primarily made up of uncoated paperboard with a barrier coating. There are two types of barrier coating i.e. LDPE...

India major aluminium scrap prices show flat trend; aluminium futures down
1MINS

India major aluminium scrap prices show flat trend; aluminium futures down

<p>India&nbsp; major aluminium scrap commodities prices showed a flat trend on Wednesday, while&nbsp; aluminium futures prices at Multi Commodity Exchange ended down in the line of&nbsp; expectation tracking weakness from LME Aluminium which sank to its lowest in six&nbsp; weeks in yesterday's session on persistent worries about oversupply from Chinese&nbsp; smelters.<br /><br />The major aluminium scrap commodities showed&nbsp; a flat trend during Wednesday. India's major scrap commodities like aluminium&nbsp; accessories scrap, aluminium cable scrap , aluminium ingots, aluminium rod&nbsp; company, aluminium rod local, aluminium scrap 6063 and aluminium scrap&nbsp; taint/tabor remained flat on Wednesday.<br /><br />The most active July aluminium&nbsp; contract on Multi Commodity Exchange...

IronRidge says new bauxite resource has big potential
2MINS

IronRidge says new bauxite resource has big potential

<p>IronRidge Resources has unveiled an initial 4.9 million tonne (MT) resource of bauxite at its Monogorilby project in Queensland, Australia.<br /><br />Bauxite is processed to produce aluminium and this maiden resource comes a time when major miners are approving significant long-term project expansions to meet growing demand, the group said.<br /><br />Early test work has shown that good to premium quality DSO (direct shipping ore and the most desirable iron product) could be processed through simple crushing and screening.<br /><br />Meanwhile, a fair quality DSO&nbsp; at 38 per cent mass recovery could also be beneficiated by simple crushing and screening, the mining firm said. The mineralisation is on slopes and atop hills meaning low stripping ratios.<br /><br />Chief executive...

Aluminium stocks in China still in downward track, SMM says
1MINS

Aluminium stocks in China still in downward track, SMM says

<p>Aluminium stocks in China&rsquo;s five major markets are still on the decline even after touching 7-year low, SMM data showed. &nbsp;<br /><br />Arrivals remained low, and warehouse withdrawals were relatively strong, SMM learned. Some smelters said there are a large amount of ingots still on the way to south and east China.<br /><br />The table below shows details of aluminium stocks at China&rsquo;s five major markets:<br /><br />Unit: 1,000 tonne</p> <p><br /><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/China%20Aluminium%20stocks.jpg" alt="News" width="552" height="108" /></p>

SHFE aluminium to swing widely
2MINS

SHFE aluminium to swing widely

<p>SHFE 1609 aluminium will swing widely between RMB 12,220-12,420/mt, due to short covering at lows and profit taking by longs at highs. <br /><br />LME aluminium will move at USD 1,600-1,615/mt. &nbsp;<br /><br />In east China&rsquo;s spot aluminium market, spot premiums of RMB 160-200/mt are expected over SHFE 1608 aluminium contract.<br /><br /><strong>Key macroeconomic indicators for base metal prices</strong><br /><br />The Bank of Japan will announce its interest rate decision today. Base metal volatility will rise today.<br /><br />Germany&rsquo;s flash July CPI improved noticeably, with growth the most significant over the past month. But eurozone July expected inflation slid from June, while expected PPI also fell. As such, eurozone July&rsquo;s flash CPI will unlikely improve...