The aluminium trade graph, excluding scrap, of Argentina in the first eight months of 2026, till August, continues to surge with steady momentum, indicating an increase in shipments and export earnings of the nation. As of year-to-date (YTD) August 2026, Argentina exported a total of 48,977 tonnes, valued at USD 179.05 million. Excluding aluminium scrap, the export basket covered all the articles of aluminium products including unwrought, bars, rods and profiles, foil, plates, sheets and strips, tube or pipe fittings and aluminium wire. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Volume and value register strong year-on-year growth Calculating the year-on-year growth,...
Vietnam’s first electrolytic aluminium project has reached another major milestone, with the second phase of the 450,000-tonne-per-year (tpa) Da Nong project producing its first batch of molten primary aluminium on October 31, 2026. The milestone, achieved by China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC), which is the project’s general contractor, came four months and three days ahead of the contractual schedule, officially moving the second phase from construction to trial production. The latest development builds on the progress made during the first phase, which produced its first batch of molten primary aluminium on July 14. By September 15, all electrolytic cells in the first phase had successfully started producing aluminium. The second...
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According to a recent report, Argentinian aluminium producer Aluar closed the year 2020 at 70 per cent capacity utilisation. Production grew at Aluar after a halt due to the COVID-19 pandemic and weather conditions earlier this year, said the company. “We will continue to gradually seek production planning that allows for the partial resumption of the remaining capacity usage,” said Aluar in a filing to the country’s Securities and Exchange Commission, CNV. Late March, Aluar declared that it scaled back its output on account of the COVID-19 spread across Latin America. It reduced production by an additional 25 per cent at Puerto Madryn primary aluminum plant in that southern Argentinian city. The Aluar cutbacks followed similar measures around the world as nations issued “shelter in...
Vedanta has reduced its aluminium products price for the third time in a row. With effect from Friday, 01 January 2021, the prices of some aluminium ingots are in the range of INR 163,750-176,750 per tonne. This is up by INR 2,500 per tonne from INR 166,250-179,250 per tonne on December 30. The company’s Billet price has dropped to stand at INR 171,750 per tonne on Friday, 01 January 2021, marking a decline of INR 2,500 per tonne from INR 174,250 per tonne on December 30. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake in...
According to the Shanghai Metals Market, social inventories of primary aluminium built up 27,000 tonnes on Thursday, December 31. The inventories thus, closed the year 2020 at 613,000 tonnes across eight major consumption areas, including SHFE warrants. Last week, on December 24, the inventories stood at 586,000 tonnes, declining by 3,000 tonnes from 589,000 tonnes on December 17. The chart below indicates the current status of primary aluminium inventories across China in more details: The increase in primary aluminium inventories on December 31 touched upon the cities like Shanghai, Wuxi, and Nanhai. While Wuxi saw the highest hike of 25,000 tonnes to stand at 223,000 tonnes, inventories in Nanhai and Shanghai grew 4,000 tonnes and 3,000 tonnes to come in at 129,000 tonnes and 94,000...
Benchmark aluminium price on London Metal Exchange dropped 0.88 per cent on the last day of the year. The price came in at US$ 1978 per tonne on Thursday, 31 December 2020, from US$ 1995.5 per tonne on Wednesday. As of Thursday December 31, LME aluminium cash (bid) price stands at US$ 1978 per tonne, LME official settlement price stands at US$ 1978 per tonne; 3-months bid price stands at US$ 1980.50per tonne, 3-months offer price is US$ 1980.50 per tonne; Dec 21 bid price stands at US$ 2008 per tonne, and Dec 21 offer price stands at US$ 2008 per tonne. LME aluminium 3-months Asian Reference Price is hovering at US$ 1993 per tonne. SHFE Aluminium Price Trend China market is closed today for New Year's Eve. On Thursday, 31 December 2020, the most-liquid SHFE 2102 aluminium contract...
The LME complex were mostly higher on Wednesday, with aluminium added 0.68 per cent. Benchmark aluminium price on the London Metal Exchange, however, extended drop by 0.22 per cent to finish the day at US$ 1995.50 per tonne on December 30. LME aluminium cash (bid) price and LME official settlement price stood at US$ 1995.50 per tonne on December 30, down by US$ 4.5 per tonne from US$ 2000 per tonne on December 29. 3-months bid price and 3-months offer price declined by US$ 7 per tonne from US$ 2004 per tonne to US$ 1997 per tonne. Dec 21 bid price and Dec 21 offer price came in at US$ 2025.50 per tonne. The LME aluminium opening stock declined from 1366275 tonnes to 1351250 tonnes on Wednesday, December 30. Live Warrants stood at 1188175 tonnes, while Cancelled Warrants at 163075 tonnes....
SMM aluminium ingot price has dropped for the fourth day in a row. As of Thursday, 31 December 2020, the price now stands at RMB 15710 per tonne. This is down by RMB 60 per tonne from Wednesday’s price of 15,770 per tonne. The price is expected to range at RMB 15690-15730 per tonne. In Foshan and Wuxi, the price has slipped by RMB 80 per tonne and RMB 40 per tonne to stand at RMB 15810 per tonne and RMB 15700 per tonne. Their average prices are expected to range within RMB 15790-15830 per tonne and RMB 15690-15710 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15715 per tonne and RMB 15705 per tonne, up RMB 45 per tonne and RMB 75 per tonne. Aluminium ingot prices in Shenyang, Tianjin Linyi and Gongyi have contracted to stand at RMB 15725 per tonne, RMB 15730 per...
Vedanta, a subsidiary of Vedanta Resources and also India’s largest producer of aluminium has cropped up as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha. The coal is just at a distance of about 190 km from Vedanta’s Jharsuguda Aluminium Smelter. The coal block is ideally fit for the Jharsuguda aluminium smelter considering its logistical location and annual capacity. The total reserves of the mine remain at 312 million, while the extraction capacity approval per annum stands at 6 million tonnes. The mine once becomes operation will deliver fuel security, enhance power availability and further strengthen the Vedanta's Aluminium and Power operations and performance. The announcement was made on 30 th December’20 post the market hours. The smelter...
As the year 2020 comes to an end, AlCircle recapitulates the year in its new report Aluminium Industry Recap 2020 . The report compiles the new major innovations, investments, expansions, and policy changes that either shaped or disrupted the global aluminium industry value chain in 2020. The primary aim of the report is to touch upon the significant developments of this year vertical wise, in a bid to analyse how every vertical influenced each other’s growth or counter-growth. Moreover, the developments are not only interpreted chronologically but analytically to help the readers have a critical understanding of the movement of aluminium value chain and how that turned around the market. Overall, 2020 was a year of mayhem for the aluminium industry caused by the most unprecedented...
Benchmark aluminium price on London Metal Exchange declined 1.09 per cent after the Christmas Holiday. The price stood at US$ 2000 per tonne on Tuesday, 29 December 2020, from US$ 2022 per tonne on December 24. As of Tuesday December 29, LME aluminium cash (bid) price stands at US$ 2000 per tonne, LME official settlement price stands at US$ 2000 per tonne; 3-months bid price stands at US$ 2004 per tonne, 3-months offer price is US$ 2004 per tonne; Dec 21 bid price stands at US$ 2030 per tonne, and Dec 21 offer price stands at US$ 2030 per tonne. The LME aluminium opening stock stood at 1366275 tonnes. Live Warrants totalled 1190025 tonnes, and Cancelled Warrants were 176250 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1988.03 per tonne. SHFE Aluminium Price...
A00 aluminium ingot price in China has extended downfall by RMB 100 per tonne to stand at RMB 15,770 per tonne on Wednesday, December 30, marking the third consecutive day of decline, according to the Shanghai Metals Market. The average prices are expected to range between RMB 15,750 per tonne and RMB 15,790 per tonne, with spot contract to be traded at a premium price of RMB 60-100 per tonne, down by RMB 70 per tonne from the previous day. In Foshan, the price has declined the highest by RMB 160 per tonne to RMB 15,890 per tonne on December 30, followed by the fall of RMB 130 per tonne in Chongqing to RMB 15,780 per tonne. In Tianjin and Wuxi, A00 aluminium ingot price has decreased by RMB 120 per tonne and RMB 110 per tonne, respectively, to come in at RMB 15,770 per tonne and RMB...
In East & Central Europe, primary aluminium production came in at 340,000 tonnes in November 2020, representing a plunge of 11,000 tonnes or 3.12 per cent month-on-month. The production in October stood at 351,000 tonnes, up by 13,000 tonnes or 3.85 per cent from 338,000 tonnes in September. On a year-on-year calculation, primary aluminium production in East & Central Europe stood 5,000 tonnes or 1.45 per cent lower than 345,000 tonnes. Total production in three months during September-November 2020 amounted to 1.029 million tonnes, down by 1.53 per cent from 1.045 million tonnes during the same period last year. During January-November 2020, primary aluminium production in East & Central Europe totalled 3.801 million tonnes, flat compared with 3.800 million tonnes during January-November...
Rusal, the company of En+ Group’s metals segment, has become a part of the Japan Climate Leaders’ Partnership (JCLP), a powerful business coalition in Japan that aims to advance sustainable low-carbon development. The news came after Anglo-Russian energy and metals company En+ Group announced it on Tuesday, December 29. Rusal, one of the world’s largest low-carbon aluminium manufacturers, is proud to join the 163 companies of the JCLP and contribute to innovations and analysis for a low-carbon and ultimately a carbon free future. The JCLP’s focus on creating and practicing business strategies while incorporating its climate change efforts align with Rusal’s business goals. So, both of them are excited to work together to contribute to their aims. Their partnership also represents a...
Shanghai base metals fell across the board in overnight trading, with aluminium decreased 0.95 per cent. The London Metal Exchange continued to remain close on Monday, December 28, for the Christmas holiday. As of Thursday, December 24, LME aluminium cash (bid) price and LME official settlement price stood US$ 23 per tonne higher than the previous day at US$ 2022 per tonne. 3-months bid price and 3-months offer price hovered at US$2025.50 per tonne, up by US$ 17 per tonne from US$ 2008.50 per tonne on December 23. Dec 21 bid price and Dec 21 offer price came in at US$ 2050.50 per tonne. The LME aluminium opening stock inched down from 1378100 tonnes to 1372350 tonnes on Thursday, December 24. Live Warrants stood at 1190225 tonnes, while Cancelled Warrants at 182125 tonnes. LME aluminium...
The government of India has reportedly approved state-run Coal India Limited’s diversification plan into aluminium value chain and solar industry. Coal India has planned INR 1 lakh crore investments in building two aluminium plants in the eastern region and an entire solar module manufacturing value chain, said two people familiar with the matter. Coal India Limited will set up three specific-purpose vehicles (SPVs) for INR 45,500 crore integrated solar wafer manufacturing facility, a greenfield aluminium project for INR 38,000 crore, and an aluminium smelting unit with National Aluminium Company Limited for about INR 23,400 crore, according to the report. Run by captive thermal power units, the greenfield aluminium plant and aluminium smelting unit are expected to come up at Orissa and...
On 28 th December’20, the French industrial group specializing in complex handling and lifting systems and integrated systems solutions, REEL International SAS has signed an agreement to acquire Metso Outotec Oyj (Finland) aluminium business. REEL, the leader in handling and lifting systems, now with this acquisition will add to its offering green anode plant, anode rodding shop and casting equipment along with related services, thus becoming a leading technology provider in the global aluminium industry. However, the value of the deal is yet to be revealed. The acquired business serves aluminium smelters worldwide and stands at the top position in the production of anodes required in the aluminium smelting process. It’s leading Green Anode Plant and Anode Rodding shop technologies are...
Shanghai base metals mostly closed higher on Friday night. SHFE aluminium shed 0.91%. The London Metals Exchange was closed for the Christmas holiday. As of Thursday December 24, LME aluminium cash (bid) price and LME official settlement price rose for the second day in a row by US$ 23 per tonne to peg at US$ 2022 per tonne. 3-months bid price and 3-months offer price stood at US$ 2025.50 per tonne, up by US$ 17 per tonne from US$ 2008.50 per tonne on December 23. Dec 21 bid price and Dec 21 offer price came in at US$ 2050.50 per tonne. The LME aluminium opening stock inched down from 1378100 tonnes to 1372350 tonnes on Thursday, December 24. Live Warrants stood at 1190225 tonnes, while Cancelled Warrants at 182125 tonnes. LME aluminium 3-months Asian Reference Price hovered at US$...
According to the Shanghai Metals Market data, A00 aluminium ingot price has opened the week on Monday, December 28, with a decline of RMB 120 per tonne to stand at RMB 16,190 per tonne after two consecutive days of hike. The average prices are expected to range between RMB 17,170 per tonne and RMB 16,210 per tonne, with spot contract to be traded at a premium price of RMB 170-210 per tonne, down by RMB 50 per tonne from the previous day. In Hangzhou, A00 aluminium ingot price has decreased the highest by RMB 160 per tonne to come in at RMB 16,180 per tonne on December 28, while the price in Gongyi, Foshan, Wuxi, and Shenyang, has fallen by RMB 120 per tonne to stand, respectively, at RMB 16,110 per tonne, RMB 16,420 per tonne, RMB 16,180 per tonne, and RMB 16,185 per tonne. In Chongqing...
Difference between the virtual and real world has almost waned over the years due to the increasing influence of digitalisation. The presence and impact of digitalisation have been more so felt during the COVID-19 pandemic when direct human interaction, or for that matter intervention, is limited. Besides the despondent fact that the COVID-19 pandemic has taken a toll on the global economy, it is the pandemic that has further catalysed digital transformation across business models of various industrial sectors, including aluminium, resulting in better digital offerings and adoption. Digitalisation in Aluminium Industry: While going digital is not new to the aluminium industry, the revolutionary transformation that industry is going through in recent times with a large number of smelters...
