Global primary aluminium production experienced a sequential recovery in the third quarter of 2026, supported by the gradual restoration of disrupted smelting capacity in the GCC countries, stronger operational performance in Europe and Oceania, and incremental production gains across Asia and China. But beneath this quarterly improvement lies a contrasting reality - global output remained below the corresponding levels of both 2025 and 2024. According to data from the International Aluminium Institute (IAI), global primary aluminium production reached 18.377 million tonnes in Q3 2026, an increase of 2.1 per cent from 18.003 million tonnes in the preceding quarter. However, compared with Q3 2025, when production totalled 18.683 million tonnes, output declined by 1.64 per cent. Production...
Europe's aluminium industry is facing mounting pressure from rising carbon costs, shifting trade policies and limited willingness among buyers to pay premiums for low-carbon metal. Yet, despite a series of crises since the Covid pandemic, producers remain committed to maintaining their presence in Europe and investing in decarbonisation, said Paul Voss, Director General of European Aluminium. In an exclusive interview with Fastmarkets at Aluminium Düsseldorf, Voss described the European aluminium industry's condition as bruised but resilient. He highlighted concerns over the EU Emissions Trading System (ETS), the potential inclusion of indirect (Scope 2) emissions under the Carbon Border Adjustment Mechanism (CBAM) and the treatment of aluminium scrap in carbon accounting. Reflecting on...
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According to a recent report, a global aluminium producer has asked for a premium of $85 per tonne from Japanese buyers for primary metal shipments during the September quarter of 2020. This is 3.7 per cent higher than the current quarter premium, reported three sources directly involved in quarterly pricing talks on Monday, June 1. For the April-June quarter, Japanese buyers agreed to pay a premium of $82 per tonne, down 1.2 per cent from the prior quarter and the lowest since the October-December quarter in 2016. A year ago, top aluminium producers had sought a premium of $115-120 per tonne from Japanese buyers for the September quarter, up 10 to 14 per cent from $105 per tonne of premium agreed for the June quarter. The above data represents that the premium offered for the September...
New Day Aluminum Holdings LLC has announced that it has appointed John Habisreitinger as Chief Operating Officer, who would be responsible for the global operations of New Day’s business. New Day Aluminum Holdings LLC is the parent company of Noranda Bauxite, Noranda Alumina, and NICHE Industrial Chemicals. Mr Habisreitinger comes with over 30 years of industry experience in the aluminium and alumina sectors. He was earlier associated with New Day Aluminum as Executive Vice President and then with NICHE Industrial Chemicals as President. Prior to that, he was the President of Noranda Alumina LLC. He also held senior-level positions with Kaiser Aluminum, Norandal, and Noranda. Mr Habisreitinger graduated from Southeastern Louisiana University and completed an MBA from the University of New...
CLAFIS Ingenious is nominated as the permanent supplier of engineering services for Damco Aluminum Delfzijl Cooperative (Aldel) in the coming years. CLAFIS and Aldel have set foot into a structural agreement that will run at least up to the end of 2022. The projects carried out under the direction of the engineering bureau include feasibility studies, concept engineering assignments, basic engineering, detail engineering and assignments in the field of implementation, environment and permits. Aldel aluminium smelter in the Oosterhorn industrial area near Farmsum in Delfzijl was put into operation by the then Royal Blast Furnaces in 1966. Aldel is the last company in the Netherlands to make aluminium. The craft factory had some difficult years. Under the leadership of a new investor, the...
The US dollar eased further on Tuesday. The dollar index, which gauges the greenback against a basket of major currencies, fell for a sixth straight day and plumbed the lowest since March 13 at 97.4335. LME aluminium climbed 1.4% and SHFE aluminium inched up 0.3%. Three-month LME aluminium climbed in Northern American trading hours on Tuesday. It ended at a 10-week peak of US$1,559 per tonne, up 1.37% on the day. As of Tuesday June 2, LME aluminium cash (bid) price stands at US$ 1499.50 per tonne, LME official settlement price stands at US$ 1499.50 per tonne; 3-months bid price stands at US$ 1529 per tonne, 3-months offer price is US$ 1529 per tonne; Dec 21 bid price stands at US$ 1645 per tonne, and Dec 21 offer price stands at US$ 1645 per tonne. The LME aluminium opening stock stood at...
RUSAL one of the leading global aluminium producers declares the conclusion of the book-building process for the new placement of its 10-year ruble-denominated bonds with a three year put option on the Moscow Exchange, the nominal value of 10 billion rubles and a coupon rate of 6.5% per annum, a record low for the Company. During the book building, the coupon rate guidance was lowered twice from the initial 6.55-6.75% range with the final coupon rate fixed at 6.5%. The new rate transcended the record low bond rate set by RUSAL last year and became the lowest bond rate in the history of the Company’s placements. Oleg Mukhamedshin, RUSAL’s Director for Strategy, Business Development and Financial Markets said: “The successful issue of our ruble bonds coupled with the interest from the...
The Aluminium Center Foundation on 1 st April’20 has integrated into a new sector group under Koninklijke Metaalunie. A new name has been set up for this new initiative: the Dutch Aluminum Association (DAA), the organization for the aluminium industry in the Netherlands. At the start, the new sector group had ten members: Almet Benelux, Aludex , Aluminium Service Breukelen , Bersselaar Constructie , Garfield , Gové, Highrise , Norsk Hydro , Melis Gietschappen and Willems Boven-Leeuwen . They welcomed two new members this week at the very first member meeting, which took place online: Comhan Holland Aluminium and Marteq . The DAA aims to represent the collective interests of the chain of aluminium-producing, trading and processing companies and their specific suppliers. The first members'...
North America’s primary aluminium production stood 4.72 per cent higher year-on-year to 333,000 tonnes in April 2020. On a month on month basis, the output declined by 2.62 per cent from March production of 342,000 tonnes. In the first four months of 2020, the production stood 4.27 per cent higher than the same period last year. The output amounted to 1.319 million tonnes, from 1.265 million tonnes in the first four months of 2019, according to the latest data showed by the International Aluminium Institute (IAI). In 2019, the output stood at 3.809 million tonnes, an increase of 0.93 per cent from 3.774 million tonnes in 2018. Primary aluminium production in South America decreased by 12.35 per cent year-on-year and 21.98 per cent month-on-month to 71,000 tonnes in April. The output of...
According to Crisil analysis, the COVID-19 induced lockdown has had a little impact on Vedanta’s operations. An increase in exports during the lockdown, supported by the company’s low-cost position in key businesses, has offset the sluggish domestic demand, showed Crisil. However, disruptions in supply chain and decrease in sales volume that Vedanta has faced on account of the prolonged global pandemic shall be monitored, added Crisil. According to the report, Vedanta is expected to adopt cash preservation measures by reducing capital expenditure (CAPEX) and limiting dividend payout in the financial year 2021 to address liquidity concerns. The company has also reportedly availed moratorium on its term debt obligation as per RBI guidelines after approval from respective banks to preserve...
According to a recent survey, commodity investors are rushing to make profit from a surplus supply of aluminium. They are buying the metal to store and sell it for future delivery when millions of tonnes of lightweight metal are being produced across the world. As smelters are continuing to produce aluminium, despite the sluggish demand from carmakers and other industrial consumers, their stocks are increasing, resulting in price fall. This is allowing commodity traders, hedge funds, and banks to make so-called financing trades, whereby they buy the metal at low cost, store it in warehouses, and sell it in the futures market. “One of the best risk-free trades in the world at the moment is to get some aluminium and stick it in a warehouse,” said Eoin Dinsmore of CRU, a consultancy. “It’s...
Hindalco Industries Ltd has cut prices of its aluminium ingots, billets and wire rods by 2% after hiking them for the third time in a row. With effect from June 1, the price for Hindalco aluminium ingots now stands at INR 133,000 per tonne, a decrease of 2.03% or INR 2,750 per tonne from INR 135,750 per tonne on May 30. With the latest cut, Hindalco wire rods and billets price has declined by 1.87% or INR 2,750 per tonne and 1.93% or INR 2,750 per tonne from May 30 to stand at INR 144,100 per tonne and INR 140,100 per tonne. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The three-month futures of aluminium are down nearly 16% so far in 2020 due to slower global demand following the coronavirus...
A00 aluminium ingot price dropped by RMB 80 per tonne or 0.59 per cent from Monday’s price of RMB 13480 per tonne, after three days of increase. The price now stood at RMB 13400 per tonne today and is expected to move within a range of RMB 13380-13420 per tonne. Spot aluminium contract is likely to be traded at a premium of RMB 90-130 per tonne. In Foshan and Wuxi, the price reduced by RMB 120 per tonne and RMB 65 per tonne to stand at RMB 13430 per tonne and 13405 per tonne. Their average prices are expected to range within RMB 13410-13450 per tonne and RMB 13400-13410 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 13420 per tonne and 13430 per tonne, down RMB 70 per tonne and RMB 90 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased...
The US dollar fell against a basket of rivals for a fifth straight trading day on Monday as risk sentiment improved on optimism that the worst of the economic downturn caused by the global spread of the coronavirus may be in the past. Three-month LME aluminium pulled back from two-month highs on Monday, easing 0.58 per cent to US$ 1,538 per tonne. As of Monday, June 1, LME aluminium cash (bid) price and LME official settlement price stood at US$ 1511.50 per tonne after declining by US$ 3.5 per tonne from the previous day. But 3-months bid price and 3-months offer price increased by US$ 3.5 per tonne to hover at US$ 1540 per tonne. Dec 21 bid price and Dec 21 offer price grew as well by US$ 6.5 per tonne to come in at US$ 1654 per tonne. The LME aluminium opening stock stood at 1496050...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to decline over the weekend. Inventories stood at 878,000 tonnes as of Monday June 1, down 15,000 tonnes from Thursday May 28. The chart below shows the current status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi, Shanghai, and Nanhai decreased by 5,000 tonnes, 3,000 tonnes and 6,000 tonnes from May 28 to stand at 349,000 tonnes, 120,000 tonnes and 174,000 tonnes on Monday, June 1. The inventories in Henan and Tianjin remained unchanged at 51,000 tonnes and 58,000 tonnes. The inventories of primary aluminium in Hangzhou and Chongqing stood at 107,000 tonnes and 10,000 tonnes today,...
According to Reuters report, traders and analysts estimate a significant rise in China’s aluminium imports to hit the highest level in a decade, as an arbitrage opportunity created by demand recovery after coronavirus outbreak has made the aluminium import cheaper than sourcing the metal from domestic smelters. China, the world’s top aluminium producer, usually has a little need to import primary aluminium. The country’s imports in 2019 totalled just over 75,000 tonnes versus output of 35 million tonnes. But this year in May alone, China’s aluminium imports are set to top 100,000 tonnes, as demand for aluminium in the rest of the world has collapsed, while metal consumption in China has recovered from the COVID-19 pandemic. The draw is that Shanghai aluminium prices above RMB 13,000...
Hindalco Industries Ltd has raised prices of its aluminium ingots, billets and wire rods by more than 1%. This marked the third consecutive hike in price of the same products. With effect from May 30, the price for Hindalco aluminium ingots now stands at INR 135,750 per tonne, an increase of 1.5% or INR 2,000 per tonne from INR 133,750 per tonne on May 22. The company is now selling its wire rods and billets at INR 146,850 per tonne and INR 142,850 per tonne with effect from Saturday, 30 May 2020, up 1.38% or INR 2,000 per tonne and 1.42% or INR 2,000 per tonne from May 22. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The three-month futures of aluminium are down more than 17% so far in 2020 due to...
PT Vale Indonesia is dedicated to completing the divestment of the company's shares by June’20 as this has missed the original target. Bernardus Irmanto, CFO, Vale Indonesia explained: “The joint management with partners, namely Vale Canada Limited and Sumitomo Metal Mining Co. Ltd. stated that they had reached an agreement with PT Indonesia Asahan Aluminum (Persero) to extend the signing date of the definitive agreement until the end of June 2020. This discussion was delayed another because of the Covid-19 pandemic which impeded the discussion process between the two parties.” On 31 st May’20 Irmanto said: "All parties remain committed to signing a definitive agreement, however, the current pandemic has presented challenges that have caused delays.” This extension gives the parties more...
The US dollar extended its slide against a basket of rivals on Friday. LME aluminium climbed 0.6% and SHFE aluminium gained 0.5%. Three-month LME aluminium hit a new two month-peak of US$1,549 per tonne, before ending the day 0.59% higher at US$1,547 per tonne. Shanghai Metals Market expects the contract to hover between US$1,530-1,550 per tonne today. As of Friday May 29, LME aluminium cash (bid) price stands at US$ 1515 per tonne, LME official settlement price stands at US$ 1515 per tonne; 3-months bid price stands at US$ 1536.50 per tonne, 3-months offer price is US$ 1536.50 per tonne; Dec 21 bid price stands at US$ 1647.50 per tonne, and Dec 21 offer price stands at US$ 1647.50 per tonne. The LME aluminium opening stock stood at 1500900 tonnes. Live Warrants totalled 1282050 tonnes,...
Following a drop of 0.4 per cent at the end of March, Aluminium stocks at three major Japanese ports rose 12,000 tonnes or 4 per cent by April end, trading house Marubeni Corp reported on Friday, May 29. In March 2020, the stocks were 297,100 tonnes, which in the next month increased to 309,000 tonnes. Marubeni collects stock related data from the ports of Yokohama, Nagoya and Osaka. Aluminium stocks (in tonnes) at the three major ports in April were as follows: So, as the above chart indicates, the aluminium stocks at Yokohama port in April 2020 increased by 4,000 tonnes or 2.56 per cent month-on-month to stand at 160,500 tonnes. Year-on-year, the stocks grew by 9,600 tonnes or 6.36 per cent from 150,900 tonnes in April 2019. At Nagoya port, the aluminium stocks in April increased by...
