Fire crews responded to a molten aluminium spill at Bridgnorth Aluminium on September 14 afternoon after the incident caused several small fires at the facility. Crews from Bridgnorth and Much Wenlock arrived shortly before 4 pm on September 14. The incident was recorded as a building fire, and operations officers also attended. Firefighters dealt with the fires caused by the molten aluminium spill. The incident also shows the role fire crews can play when such an incident occurs at a production facility. Molten aluminium is handled at very high temperatures, so a quick response is important when a spill leads to fire. Firefighters are trained to deal with these situations and can provide industries with support when an unexpected incident takes place. Prompt actions play a key role in...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 24,150 per tonne, up RMB 110 or 0.46 per cent from yesterday's settlement price. It opened at RMB 24,120 per tonne during the day and fluctuated in the range of RMB 24,075-24,195 per tonne. Prices traded below MA5 (24,205.00) and MA10 (24,312.50), and above MA30 (24,065.00) and MA60 (23,616.83). The short-term rebound structure has been partially repaired, while the consolidation pattern continues, with short-term moving averages above forming key resistance. The MACD DIF (123.0407) is below DEA (150.9039), and the MACD green bar stands at -55.7263, indicating bulls' momentum remains weak. The suggested core trading range for SHFE aluminium is RMB 23,800-24,600 per tonne. The LME aluminium 3M contract settled at USD 3,249...
Grow with
AL Circle
Vedanta Aluminium will reportedly supply industrial wastes like fly ash and spent pot lining to Dalmia Cement for manufacturing low-carbon cement. The two companies have formed a partnership, noting Vedanta’s mega aluminium smelter at Jharsuguda will send around 20 rakes of fly ash per month for five years and spent pot lining for three years to Dalmia Cement’s manufacturing units in Odisha, Chhattisgarh, Meghalaya, and Assam. Vedanta Aluminium has collaborated with India’s many leading cement producers to supply high-quality fly ash for low-carbon cement production. Fly ash is a by-product produced in coal-fired power stations. Owing to inherent cementitious properties, fly ash is a sought-after raw material in the cement industry, improving the overall quality of the cement produced,...
LME aluminium opened at US$2310 per tonne on Monday and fell to US$2,275 per tonne before closing at US$2,320 per tonne, up 0.59 per cent. On March 13, Monday, the LME aluminium cash bid price slumped by US$12.50 per tonne or 0.56 per cent to clock at US$2,235.50 per tonne, and the LME aluminium official settlement price fell by US$12.50 per tonne or 0.55 per cent, officially settling at US$2,236.50 per tonne. The LME aluminium price has recorded the lowest in the month with a gradual declining trait. The 3-month bid price has dropped by US$11 per tonne or 0.48 per cent, stopping at US$2,286 per tonne, whereas the 3-month offer price has decreased by US$10.50 per tonne or 0.46 per cent, closing at US$2,287 per tonne. December 24 bid price and December 24 offer price halted at US$2,502 per...
On Tuesday, March 14, A00 aluminium ingot price in China went up by RMB 60 per tonne to halt at RMB 18,280, with the spot contract price expected to be traded at a discount price of RMB 30 per tonne and premium price of RMB 10 per tonne. The average price is expected to range between RMB 18,260 per tonne and RMB 18,300 per tonne. The A00 aluminium ingot price has experienced growth in all the major provinces except Tianjin, where the price has gone down by RMB 20 per tonne to close at RMB 18,280 per tonne. The price in Foshan has surged by RMB 100 per tonne to clock at RMB 18,350. As per the data, Chongqing's price has increased by RMB 70 per tonne to peg at RMB 18,390 per tonne. On the same day, the prices in Wuxi and Hangzhou went up by RMB 60 per tonne to arrive at RMB 18,275 per tonne...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter ex-China, has reportedly announced to have secured sustainable financing loan of BD 1.6 million from the Bank of Bahrain & Kuwait (BBK) for its Solar Farm Project. The news came on March 12, 2023, after Alba's CEO Ali Al Baqali and BBK's Group CEO Dr A Rahman Saif signed the documents at Alba's Al Dana Hall in the presence of other senior officials from both parties. Alba will utilise the financing loan in setting up its Solar Farm with a capacity of more than 6 Megawatts (MW), including the installation of about 11,300 photovoltaic solar panels on the rooftop of Alba car parks, Spent Pot Lining (SPL) Treatment Plant, and other buildings. Ali Al Baqali said, "Our vision goes beyond the Aluminium we produce or the...
A00 aluminium ingot price has slumped by RMB 10 per tonne, officially closing at RMB 18,220 per tonne, as the Shanghai Metals Market recorded on March 13. The average prices are expected to range between RMB 18,200 per tonne and RMB 18,240 per tonne, with spot contracts trading at discount prices of RMB 70 per tonne and RMB 30 per tonne. The provinces in China more or less have experienced stagnancy today, with the aluminium prices in Foshan and Shenyang remaining posted at RMB 18,250 per tonne each, whereas, in Hangzhou, it stood RMB 10 per tonne up at 18,260 per tonne. In Gongyi, the aluminium price remained halted exactly as it was last week on Friday at RMB 18,180 per tonne, whereas the aluminium price in Chongqing stood at RMB 18,320 per tonne with no notable change at all. Only in...
As soon as the Canadian Government declared a total ban on Russian aluminium, with an immediate effect on March 10, it received support from the Aluminum Association of Canada (AAC). Jean Simard, President and CEO of the AAC, said: "This ban by the Canadian government closes the door on imports from Russia." He added, "Our industry joins the rest of the free world in condemning in the strongest terms the Russian invasion of Ukraine. We support the use of economic sanctions and other measures as a diplomatic tool to combat Russian aggression and applaud the determination of the Government of Canada and the Deputy Prime Minister and Minister of Finance to work with allies to achieve this." On March 3, 2022, Canada levied tariff measures consistent with the removal of Most Favoured Nation...
LME aluminium opened at US$2,324 per tonne last Friday and fell to US$2,285 per tonne before closing at US$2,306 per tonne, down 0.58 per cent. On Friday, March 10, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$42 per tonne or 1.83 per cent to settle at US$2,248 per tonne and US$2,249 per tonne. 3-month bid price and 3-month offer price slumped by US$38.5 per tonne or 1.64 per cent and US$38 per tonne or 1.62 per cent to close at US$2,297 per tonne and US$2,297.50 per tonne. December 24 bid price and December 24 offer price decreased by US$38 per tonne or 1.49 per cent and 1.48 per cent to stand at US$2,510 per tonne and US$2,515 per tonne. LME aluminium opening stock settled at 548375 tonnes. Live warrants and Cancelled warrants closed at...
A request to investigate Cosmos Aluminium, a Greek company, and its proposed acquisition of Etem Commercial and Industrial Light Metals, a division of Elvalhalcor Hellenic Copper and Aluminium Company JSC, was made public by the Bulgarian Competition Authority on Monday. Magellan Aerospace Company announced its intent to collaborate with Collin Aerospace under a long-term agreement (LTA) to produce complicated magnesium and aluminium castings for various applications in the military, defence, and commercial aerospace industries. Granges Powder Metallurgy, also known as JD Technologies Worldwide, LLC in the USA, and Keselowski Advanced Manufacturing (KAM) announced their cooperation. The corporation's ability to provide precisely tailored additive manufacturing solutions using DISPAL®...
The Industrial Demonstration Program, funded by President Biden's Bipartisan Infrastructure Law and Inflation Reduction Act, will concentrate on the industries with the highest emissions where decarbonization technologies will have the biggest impact, such as aluminium, cement and concrete, iron and steel, and other energy-intensive industrial processes. Charles Johnson, president and chief executive officer of the Aluminum Association, praised the Biden administration's commitment to assisting in further decarbonization of the aluminium industry following the announcement of $6 billion in funding to accelerate the decarbonization projects in energy-intensive sectors. The White House convened a roundtable conversation on industrial innovation, decarbonization, and how America must advance...
On March 10, 2023, Canada prohibited the importation of all Russian aluminium and steel products in a move that the nation stated aimed to deny Russia's ability to fund the Russia-Ukraine geopolitical crisis. Chrystia Freeland, Finance Minister, stated that Canada would do everything to cut off or limit the Russian revenue used to fund the crisis. The ban covers both finished and unfinished products of aluminium and steel. However, it would impact importing products such as aluminium sheets and containers, steel tubes and pipes. On February 24, 2023, the United States administration declared the imposition of a 200 per cent import tariff on aluminium and derivatives produced in Russia from March 10, 2023, in response to the ongoing Ukraine-Russia geopolitical, the world's largest economy...
Researchers at the Norwegian University of Science and Technology (NTNU) have discovered a surprising approach to increasing the strength of nano-grained alloys, including grains of the alloying element that are only a few nanometers. Since it is lightweight and strong, aluminium is a metal that is frequently used to produce components for the building, transportation, and aerospace sectors. Aluminium alloys maintain these characteristics while being more potent than pure aluminium. "If it was a pure aluminium, of course, it's not strong enough," said Yanjun Li, professor of Physical Metallurgy in the Department of Materials Science and Engineering at NTNU. Yet, in recent years, scientists have encountered a problem in creating nano-grained alloys of aluminium and copper. Particularly at...
Aluminium Stewardship Initiative awards PT Inalum (Persero) the Performance Standard certificate or ASI V3(2022) for its aluminium smelters in Batu Bara Regency, Kuala Tanjung and North Sumatra province, Indonesia. M Jufri, the Public Relations officer at Inalum, exclaimed that the ASI certification programme had evolved out of an intensive multi-stakeholder consultation process and is the globally accepted summarised sustainability standard crafted for the entire aluminium value chain. M Jufri went on to make a clear statement: "This is the first certification issued for a performance standard or ASI V3 (2022), which was updated and launched in May 2022 after going through a revision process for several years." The ASI Certification Standard points out 11 principles and 62 criteria...
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and aluminium products prices by INR 4,500 per tonne, with effect from Friday, March 10. This has brought the company’s aluminium ingot price to INR 219,650-223,150 per tonne compared to INR 224,150-227,650 per tonne on February 28. With the latest cut, NALCO’s aluminium billets price has come in at INR 224,100-226,750 per tonne, down by INR 4,500 per tonne or 1.95 per cent from INR 228,600-231,250 per tonne on February 28 . Aluminium wire rod price stands at INR 224,150-228,500 per tonne as of March 10 versus INR 228,650-233,000 per tonne since the previous cut. NALCO links its aluminium ingot and aluminium products prices to the three month futures of aluminium on the London Metals Exchange, which fell through March...
US-based Alcoa, the biggest employer in Portland, has raised awareness of the prevailing workers' strike at its aluminium smelter and has warned that it might cause irreparable consequences to the "broader community" in the area. Alcoa's Portland Aluminium has 535 working professionals under its wing. In the break of dawn on March 9, almost 50 Alcoa workers led a picketing rally to the site in honour of an industrial action programme that has been continued for over a week. The Australian Manufacturing Workers' Union and the Electrical Trades Union have signed up to manage this group and the larger campaign that has been working to crack an agreement for over eight months. The employees claim that the company has turned a deaf ear to their demands, and no step has been yet taken to...
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price has plummeted by RMB 230 per tonne on March 10, following a dip of RMB 10 per tonne last day. Thus, the price has closed the week at RMB 18,230 per tonne, recording a week-on-week fall of RMB 320 per tonne or 1.73 per cent from RMB 18,550 per tonne. The average prices are expected to range between RMB 18,210 per tonne and RMB 18,250 per tonne, with spot contract likely to trade at a discount price of RMB 60-20 per tonne. In Foshan, A00 aluminium ingot price has plunged by RMB 240 per tonne to stand at RMB 18,250 per tonne, followed by a decline of RMB 230 per tonne in Wuxi to RMB 18,220 per tonne. In Gongyi and Hangzhou, the primary aluminium ingot price has shrunk by RMB 210 per tonne to peg at RMB 18,180...
LME aluminium opened at US$2,361.5 per tonne on Thursday and closed at US$2,319.5 per tonne, down US$34.5 per tonne or 1.47 per cent. On March 9, Thursday, the LME aluminium cash bid price slightly rose by US$2 per tonne or 0.09 per cent to clock at US$2,290 per tonne, and the LME aluminium official settlement price escalated by US$2.50 per tonne or 0.11 per cent, officially settling at US$2,291 per tonne. The 3-month bid price has refrained from any change, whereas the 3-month offer price has decreased by US$0.50 per tonne or 0.02 per cent, closing at US$2,335.50 per tonne. December 24 bid price and December 24 offer price anchored at US$2,548 per tonne and US$2,553 per tonne yesterday , with a US$4 per tonne or 0.16 per cent fall. LME aluminium opening stock faced an inventory slash of...
Germany's Speira, a leading global recycler and manufacturer of advanced aluminium rolled products, announced on Thursday, March 9, that it would shut its smelting operations at the Rheinwerk plant due to high energy prices. The news came after the company said in an official statement, "Speira decided to fully ramp down the smelting operations in Rheinwerk." This decision followed the company's production cut to half last year . Despite the improvement of the energy crisis in West Europe, which began in 2021, power-intensive industries like aluminium are still affected. In 2022, the crisis was at its worst, resulting in a 12.5 per cent drop in aluminium output in the region. However, Speira also announced on the same day that it would invest 30 million euros ($32 million) in enhancing...
According to the Shanghai Metals Market, China's primary aluminium inventories dipped by 2,000 tonnes on a weekly basis across eight major consumption areas, including SHFE warrants. On Thursday, March 9, the inventories came in at 1,267,000 tonnes, which in comparison with the first Monday of this month, March 6, declined by 2,000 tonnes. However, the inventories in China recorded a surge of 122,000 tonnes from the same period last year. Since the end of February, the inventory build has been gradually slowed down, though the downstream demand has been recovering steadily. There has been a great stock influx due to the continuously accumulating inventory, and it is being projected that the destocking process will begin once the usual pace is met. Last week, on March 2, primary aluminium...
