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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SMM aluminium ingot price has risen by RMB 10 per tonne from its earlier price to RMB15930 per tonne on Friday, 20 November 2020. The price has registered a hike for the three times in a row. It expected to move within a range of RMB 15910-15950 per tonne. In Foshan and Wuxi, the price has increased by RMB 20 per tonne each to stand at RMB 15940 per tonne and RMB 15930 per tonne. Their average prices are expected to range within RMB 15920-15960 per tonne and RMB 15200-15940 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15950 per tonne and RMB 15860 per tonne, up RMB 40 per tonne and RMB 5 per tonne. Aluminium ingot prices in Shenyang and Linyi have climbed to stand at RMB 15885 per tonne and RMB 15880 per tonne, up RMB 20 per tonne and RMB 30 per tonne. The price in...
Vedanta announced that its Jharsuguda plant received APEX India Green Leaf 'Platinum' Award for sustainability in the Metals & Mining category. The company said Platinum is the highest category among sustainability awards. Mr. CN Singh, CEO - Vedanta Ltd., Jharsuguda, said, “Vedanta’s operations are governed by the robust Vedanta Sustainability Framework, drawn in line with the best international standards. Our business imperatives and social responsibilities are founded on the premise of ‘Zero Harm, Zero Waste & Zero Discharge’, and fulfilled through an unwavering commitment to leverage global expertise, adopt green technology and use resources judiciously, to create a lasting positive impact on the environment, our communities, partners and customers. The APEX India Green Leaf Platinum...
Hindalco Industries Limited is incessantly expanding the prices of its aluminium ingots and aluminium products since October 31 as the global aluminium benchmark price on the London Metal Exchange has surged significantly over more than a week. Like any other Indian aluminium producers, Hindalco links its aluminium ingot and aluminium product prices to the three-month futures of aluminium on the London Metal Exchange. With effect from November 19, Hindalco has increased the price of its aluminium ingot by INR 2,250 per tonne to INR 169,500 per tonne, marking the seventh consecutive time. The company’s aluminium wire rod price has also gained INR 2,250 per tonne on November 19 to come in at INR 180,600 per tonne as against INR 178,350 per tonne a day earlier. Hindalco’s aluminium billets...
China’s social inventories of primary aluminium have declined today, on November 19, for the fifth consecutive week, although lower than the last week. Shanghai Metals Market data shows the inventories have plunged by 14,000 tonnes this week across eight major Chinese consumption areas, including SHFE warrants, to stand at 615,000 tonnes. Last Thursday, November 12, primary aluminium stocks shrank by 25,000 tonnes to come in at 629,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: The downfall in primary aluminium inventories today has, however, not touched upon all the major Chinese cities today except Nanhai, Wuxi, and Shanghai. While the inventories in Nanhai have declined by 12,000 tonnes over the week to 171,000...
National Aluminium Company Limited (NALCO) has increased its aluminium products price for the seventh time in a row. With effect from Thursday, 19 November 2020, the company’s aluminium ingots price came in at INR 170,050 – 173,550 per tonne, a growth of INR 3,000 per tonne from INR 167,050 – 170,550 per tonne on November 17. The company is selling its aluminium billets at INR 173,500- 176,150 per tonne on November 19. That was up by INR 3,000 per tonne from INR 170,500 – 173,150 per tonne on November 17. Aluminium wire rods price stood at INR 173,550-177,900 per tonne, from INR 170,550 – 174,900 per tonne. 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 increased by more than...
Australian Bauxite Limited (ASX:ABX) has reported the economic assessment of its 89 per cent owned subsidiary Alcore Limited and work being undertaken by Alcore to process aluminium fluoride (AlF3). Aluminium fluoride is a mineral used for smelting aluminium. It is also being investigated for advanced lithium-ion batteries. Alcore aims to become the first domestic producer of aluminium fluoride which will diversify and increase the security of supply for Australian smelters. It will also enable the country to export to other smelters worldwide. Currently, Australian aluminium smelters rely entirely on imported AlF3. In the last 12 months, smelters secured more than 26,000 tonnes of AlF3 at an average US$ 1,266 per tonne from China alone. Alcore AlF3 is the world’s first production of the...
Vedanta has raised its aluminium products price for the sixth time in a row. With effect from Thursday, 19 November 2020, the prices of some aluminium ingots are in the range of INR 166,500-179,500 per tonne, up by INR 2,250 per tonne from INR 164,250-177,250 per tonne on November 18. The company’s billet price came in at INR 174,500 per tonne on November 19, marking an increase of INR 2,250 per tonne from INR 172,250 per tonne on November 19. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium prices on LME are up more than 8% so far in 2020. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake in Bharat Aluminium Co Ltd and...
Three-month LME aluminium increased 0.4% to close at US$1,990 per tonne on Wednesday, with open interest falling to 728,000 lots. SMM expects the contract to trade between US$1,970-2,020 per tonne today. As of Wednesday November 18, LME aluminium cash (bid) price stands at US$ 1978 per tonne, LME official settlement price stands at US$ 1978 per tonne; 3-months bid price stands at US$ 1994 per tonne, 3-months offer price is US$ 1994 per tonne; Dec 21 bid price stands at US$ 2011per tonne, and Dec 21 offer price stands at US$ 2011per tonne. The LME aluminium opening stock stood at 1409575 tonnes. Live Warrants totalled 1240775 tonnes, and Cancelled Warrants were 168800 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1985.02per tonne. SHFE Aluminium Price Trend...
A00 aluminium ingot price in China has extended its growth on Thursday, November 19, to stand close to RMB 16,000 per tonne, according to the Shanghai Metals Market. Data shows the price has jumped by RMB 170 per tonne and standing at RMB 15,920 per tonne, with average prices likely to range between RMB 15,900-15,940 per tonne. The spot contract is expected to trade at RMB 140-180 per tonne. In Gongyi and Foshan, the primary aluminium ingot price has also hiked by RMB 170 per tonne to come in at RMB 15,780 per tonne and RMB 15,920 per tonne, respectively. Chongqing has seen the highest growth of RMB 185 per tonne to RMB 15,855 per tonne, while that in Shenyang and Wuxi has increased by RMB 155 per tonne and RMB 150 per tonne to come in at RMB 15,865 per tonne and RMB 15,910 per tonne,...
Alcoa has been named in the 2020 Dow Jones Sustainability Indices. The company is in the materials category of the North American index. “This designation continues to validate the important work we do to embed sustainability across our entire business and all of our operations, from responsibly mining bauxite to producing sustainable aluminum,” said Sonya Elam Harden, Alcoa’s Executive Vice President and Chief External Affairs Officer. “We are honored to be named once again in this annual listing, which aligns with our corporate strategy to advance sustainably.” The Dow Jones Sustainability Indices (DJSI) is the world’s leading provider of ratings that evaluate publicly listed companies against environmental, social and governance (ESG) criteria. Alcoa’s three product segments have been...
Aditya Birla Group’s metal flagship company Hindalco Industries Limited, has been ranked as the Aluminium Industry leader for its sustainability performance in the 2020 edition of the S&P Dow Jones Sustainability Indices (DJSI) Corporate Sustainability Assessment (CSA) rankings. Hindalco Industries is the sole company from India to be recognised as an Industry Leader this year. Industry Leaders are the top-performing companies in each of the 61 industries represented in the DJSI. Hindalco got a total score of 75 points as against the industry average of 51. The ranking is a proclamation of Hindalco’s commitment towards operations under a Resilient, Responsible and Reliable business model. Hindalco’s scores are in the 100th percentile in most aspects of all 3 dimensions of the...
Mediacorp Canada Inc., the nation's largest publisher of quality employment periodicals, reaching over 15 million Canadians each year has published ranking in the Globe and Mail on 13 th November’20, where Rio Tinto was selected among the top 100 employers in the country. The publisher’s editors use eight indicators to complete their list: physical workplace, work atmosphere and social activities, health, financial and family benefits; vacation and leave; communication with employees; performance management, training and skills development, and community participation. Rio Tinto, which runs its operations with more than 10,500 employees in Canada, including more than 4,000 in Saguenay – Lac-Saint-Jean, has stood out in several spheres. In particular, it provides $ 10 million per year to...
On Tuesday, November 17, Labor leader Anthony Albanese, accompanied by MP Meryl Swanson, toured Tomago Aluminium, Australia’s largest aluminium smelter. The Tomago tour was part of Labor’s plan to support more manufacturing jobs in the wider Hunter area. "Our plan is about the security of workers," Ms Swanson said, while adding, "This government has had over 22 energy policies, yet nothing had had an impact on price or assurance for the industry. We need to keep the jobs we've got and we need to support new jobs coming online into the future.” She also said, "We have practical sensible policies to keep Australians working. Labor will always work hand in hand with workers to ensure fair policy that protects jobs and guarantees industry." Labor leader Anthony Albanese assured job safety to...
Hindalco Industries Limited continues to hike its aluminium ingot and aluminium product prices for the sixth time in a row. With effect from Wednesday, November 18, Hindalco has increased the price of its aluminium ingot from INR 165,500 on November 14 to INR 167,520 per tonne. This represents the growth of INR 1,750 per tonne or 1.06 per cent over the last four days. After a hike today, Hindalco’s aluminium wire rod price has come in at INR 178,350 per tonne, also up by INR 1,750 per tonne from INR 176,600 per tonne. Its aluminium billets price is standing at INR 174,350 per tonne as against INR 172,600 per tonne last Saturday. Hindalco links the prices of its aluminium ingot and aluminium products to the three-month futures of aluminium on the London Metal Exchange, which after November...
Vedanta has hiked its aluminium products price for the fifth time in a row. With effect from Wednesday, 18 November 2020, the prices of some aluminium ingots are in the range of INR 164,250-177,250 per tonne, up by INR 1,750 per tonne from INR 162,500-175,500 per tonne on November 14. The company’s billet price came in at INR 172,250 per tonne on November 18, an increase of INR 1,750 per tonne from INR 170,500 per tonne on November 14. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium prices on LME are up more than 7% so far in 2020. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake in Bharat Aluminium Co Ltd and smelters...
SMM aluminium ingot price registered a hike today after a decline yesterday. The price rose by RMB 160 per tonne to stand at RMB 15750 per tonne on Wednesday, 18 November 2020. The price is expected to range at RMB 15730-15770 per tonne. In Foshan and Wuxi, the price rose by RMB 160 per tonne each to stand at RMB 15750 per tonne and RMB 15760 per tonne on November 18. Their average prices are expected to range within RMB 15730-15770 per tonne and RMB 15750-15770 per tonne. Aluminium ingot prices in Hangzhou, Chongqing, Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 15800 per tonne, RMB 15670 per tonne, RMB 15710 per tonne, RMB 15730 per tonne, RMB 15780 per tonne, and RMB 15610 per tonne. Australian alumina FOB price stood USD 7 per tonne higher on Wednesday, 18 November...
Three-month LME aluminium rose 1.48 per cent to close at US$ 1982 per tonne on Tuesday, with open interest falling to 743,000 lots. It is expected to trade between US$ 1950-2000 per tonne today. Both LME aluminium cash (bid) price and LME official settlement price continued to record a hike on Tuesday, November 17, for the third day in a row to stand at US$ 1944.50 per tonne. 3-months bid price and 3-months offer price stood at US$ 1961 per tonne, growing by US$ 14.50 per tonne from US$ 1946.50 per tonne. Dec 21 bid price and Dec 21 offer price came in at US$ 1989.50 per tonne versus US$ 1978.50 per tonne on Monday, November 16. The LME aluminium opening stock increased from 1413775 tonnes to 1416700 tonnes on November 17. Live Warrants hovered at 1261550 tonnes, while Cancelled Warrants...
On Friday, November 13, Alcoa Corporation announced that the company’s Executive Vice President and Chief Financial Officer, William F. Oplinger, would participate in Global Metals & Mining Conference to be hold by Goldman Sachs virtually on Thursday, November 19 at 9:00 am EST. The session will be available through a live audio webcast hosted on the “Investors” section of Alcoa’s website ( www.alcoa.com ). A slide presentation, to be used in connection with the conference and investor meetings, will be available on the “Investors” section of the same website. An audio replay will also be available after the session on the “Investors” section. Alcoa is the world's eighth largest producer of aluminium, with corporate headquarters in Pittsburgh, Pennsylvania. It is also a global leader...
