Mexico and the United States are making progress toward a potential trade agreement, with tariffs on aluminum, steel, and automobiles among the key issues under discussion, Mexican President Claudia Sheinbaum said Friday. Sheinbaum said she had a "very good" phone call with U.S. President Donald Trump on Wednesday as the two countries work toward an agreement linked to the ongoing review of the United States-Mexico-Canada Agreement (USMCA). Mexican Foreign Minister Roberto Velasco and Economy Secretary Marcelo Ebrard also participated in the call. "Progress is being made toward a potential agreement between us, Mexico, and the United States," Sheinbaum said at a news conference. She did not disclose details of the discussion, saying the governments would not announce the agreements...
In August 2026, unwrought aluminium alloy exports were 51,600 tonnes, up 77.6 per cent YoY but down 11.9 per cent M-o-M. Cumulative exports from January to August 2026 were 348,700 tonnes, up 100.1 per cent Y-o-Y. By import source, in August 2026, China’s imports of unwrought aluminium alloy were highly concentrated in Russia and Southeast Asian countries. The top five sources that month—Russia, Malaysia, Thailand, Vietnam, and South Korea—totalled 55,200 tonnes, accounting for 77.2 per cent of total imports. Specifically, Russia ranked first with 18,000 tonnes (25 per cent), followed closely by Malaysia with 17,500 tonnes (24 per cent); Thailand recorded 11,500 tonnes (16 per cent), Vietnam 4,800 tonnes (7 per cent), and South Korea 3,400 tonnes (5 per cent). By export destination, Japan...
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The energy and innovation clumping ground of the 18th and 19th century which developed the UK’s industrial economy was the Black Country region in Birmingham. Now, going forward in the 21st century there is a need to create a business model that’s more economically and environmentally sustainable. In support with WMG-University of Warwick, the Black Country LEP have developed a future business model for Aluminium industry in the Black Country, stationed on the provision of low carbon energy sources, as part of a project Repowering the Black Country, which intends to make the Black Country the world’s first zero-carbon industrial cluster. The vision of the project is to enable clean GVA growth of £16 billion by 2030, creating or safeguarding at least 20,000 skilled jobs while appreciating...
China's A00 aluminium ingot price has jumped by RMB 170 per tonne on Friday, January 8, to close the week at RMB 15,710 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 15,690 per tonne and RMB 15,730 per tonne, with spot contract to be traded at a premium price of RMB 20-60 per tonne, down by RMB 40 per tonne from the previous day. In Hangzhou, A00 aluminium ingot price has surged by RMB 155 per tonne to stand at RMB 15,720 per tonne. In Gongyi and Wuxi, the price has increased by RMB 140 per tonne to come in at RMB 15,590 per tonne and 15,700 per tonne, respectively. Primary aluminium ingot price in Chongqing and Shenyang is standing at RMB 15,690 per tonne growing by RMB 140 per tonne as well. The price in Foshan, Linyi, and Tianjin has...
Benchmark aluminium price on London Metal Exchange declined by 2.64 per cent to come in at US$ 2008 per tonne on Thursday, 7 January 2021, from US$ 2062.5 per tonne on 6 January 2021. As of Thursday January 7, LME aluminium cash (bid) price stands at US$ 2008 per tonne, LME official settlement price stands at US$ 2008 per tonne; 3-months bid price stands at US$ 2020.50 per tonne, 3-months offer price is US$ 2020.50 per tonne; Dec 21 bid price stands at US$ 2078 per tonne, and Dec 21 offer price stands at US$ 2078 per tonne. The LME aluminium opening stock stood at 1313100 tonnes. Live Warrants totalled 1186250 tonnes, and Cancelled Warrants were 126850 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2041.76 per tonne. SHFE Aluminium Price Trend Benchmark aluminium...
The Aluminium Association of Canada (AAC) announced that primary aluminium sector will continue operations in a safe manner. AAC, representing more than 7,500 jobs in the regions of Quebec, applauds the Legault government's decision on this. Jean Simard, president and CEO of the AAC said: "It is with a heightened sense of responsibilities incumbent on us as employers and leading regional players, as well as with great satisfaction, that the primary aluminium industry welcomes the new measures announced by the Government of Quebec regarding the lockdown for the next 4 weeks.” "We assure the Government of Quebec, our communities and our employees, as well as their families, of our full commitment to maintain safe operations that respect the highest standards of health and safety in the...
On Thursday, January 7, Pralhad Joshi, Union Minister of Coal & Mines and Parliamentary Affairs, affirmed that National Aluminium Company Ltd (NALCO) would invest INR 30,000 crore for expansion and diversification in the next six to seven years. Joshi, while addressing the 41st Foundation Day event of NALCO in Bhubaneswar, also said that the company’s expansion plan would have a multiplier effect on the mining and mineral sector, helping achieve the vision of Atmanirbhar Bharat. Joshi added that some of NALCO’s expansion and diversification plans could come in the form of joint ventures. Plans are on board to announce some greenfield projects, for which consultations are on with the State government, said Joshi. The Minister also said that NALCO almost tripled its production in FY21 and...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to rise by 51,000 tonnes from last week to stand at 664,000 tonnes as of Thursday, 07 January 2021. The increase was due to higher arrivals of imported primary aluminium ingots. The chart below shows the current status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi and Nanhai have come in at 249,000 tonnes and 153,000 tonnes on Thursday, 07 January 2021, an increase of 26,000 tonnes and 24,000 tonnes from prior week. Inventories in Chongqing and Linyi remained unchanged at 2,000 tonnes and 4,000 tonnes. Inventories of aluminium in Gongyi and Tianjin have risen by 6,000 tonnes and 1,000...
Vedanta has risen its aluminium products price for the third time in a row. With effect from Thursday, 07 January 2021, the prices of some aluminium ingots are in the range of INR 174,250-187,250 per tonne, representing a growth of INR 3,000 per tonne from INR 171,250-184,250 per tonne on January 06. Billet price has increased by INR 3,000 per tonne to stand at INR 182,250 per tonne as of Thursday, 07January 2021, from INR 179,250 per tonne on January 06. 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. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the company’s...
Benchmark aluminium price on the London Metal Exchange closed the day on Wednesday, January 6, 1.73 per cent higher at US$ 2062.50 per tonne. LME aluminium cash (bid) price and LME official settlement price soared by US$ 32 per tonne on Wednesday, January 6, to stand at US$ 2062.50 per tonne from US$ 2027.50 per tonne on January 5. 3-months bid price and 3-months offer price stood at US$ 2068 per tonne, up by US$ 35.50 per tonne from US$ 2032.50 per tonne. Dec 21 bid price and Dec 21 offer price increased from US$ 2094 per tonne to US$ 2119 per tonne on January 6, 2021. The LME aluminium opening stock continued to decrease from 1324500 tonnes to 1319075 tonnes. Live Warrants totalled 1187450 tonnes, while Cancelled Warrants at 131625 tonnes. LME aluminium 3-months Asian Reference Price...
National Aluminium Company Limited (NALCO) has raised the prices of its aluminium ingot and aluminium products with effect from Wednesday, January 6, after reducing them for the two consecutive times. NALCO’s aluminium ingot price has come in at INR 171,550-175,050 per tonne, recording a significant increase of INR 4,100 per tonne from INR 167,450-170,950 per tonne on January 1. NALCO’s aluminium wire rod price has been increased by INR 4,100 per tonne from INR 170,950-175,300 per tonne on January 1 to INR 176,150-179,400 per tonne on January 6, 2021. Since the latest hike, NALCO’s aluminium billets price is standing at INR 175,000-177650 per tonne against INR 170,900-173550 per tonne on January 1. NALCO, like any other Indian aluminium producers, links its aluminium ingot and aluminium...
Aluminium Bahrain B.S.C. (Alba) closes 2020 by exceeding its production target of 1,540,000 tonnes per annum to top a breakthrough record of 1,548,500 metric tonnes, the highest-ever achieved in 50-years of commercial operations, a rise by 13% Y-o-Y versus 1,365,005 tonnes in 2019. Ali Al Baqali, Alba’s Chief Executive Officer, commenting on this production-record, said: "2020 was a year like no other with world-shifting challenges. But for Alba and despite all odds, we have raised the bar and finished 2020 strong by achieving the highest-ever record in our operational performance." "This achievement was only made possible thanks to our dedicated workforce, employees and contractors' employees who rose to such challenges while remaining fully committed to our motto of 'Safety First,...
Vedanta has increased its aluminium products price for the second time in a row. With effect from Wednesday, 06 January 2021, the prices of some aluminium ingots are in the range of INR 171,250-184,250 per tonne. This marks an increase of INR 1,250 per tonne from INR 170,000-183,000 per tonne on January 05. Billet price has climbed by INR 1,250 per tonne to stand at INR 179,250 per tonne as of Wednesday, 06 January 2021. The price was INR 178,000 per tonne on January 05. 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, A00 aluminium ingot price has remained restrained at RMB 15,690 per tonne, with average prices expected to range between RMB 15,670 per tonne and RMB 15,710 per tonne, as of Wednesday, January 6. Spot contract is expected to trade at a premium price of RMB 50-90 per tonne, down by RMB 10 per tonne from the previous day. Restraint in A00 aluminium ingot price today has touched upon Foshan, Wuxi, Gongyi, and Chongqing. The prices there are continuing at RMB 15,760 per tonne, RMB 15,690 per tonne, RMB 15,610 per tonne, and RMB 15,675 per tonne, respectively. The primary aluminium ingot price in Tianjin has fallen by RMB 40 per tonne to RMB 15,650 per tonne on January 6, followed by the decline of RMB 20 per tonne in Linyi to RMB 15,720 per tonne and...
Benchmark aluminium price on London Metal Exchange inched up by 0.7 per cent to come in at US$ 2027.5 per tonne on Tuesday, 5 January 2021, from US$ 2013.5 per tonne on 4 January 2021. As of Tuesday January 5, LME aluminium cash (bid) price stands at US$ 2027.50per tonne, LME official settlement price stands at US$ 2027.50 per tonne; 3-months bid price stands at US$ 2032.50 per tonne, 3-months offer price is US$ 2032.50 per tonne; Dec 21 bid price stands at US$ 2094 per tonne, and Dec 21 offer price stands at US$ 2094 per tonne. The LME aluminium opening stock stood at 1324500 tonnes. Live Warrants totalled 1187350 tonnes, and Cancelled Warrants were 137150 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2029.67per tonne. SHFE Aluminium Price Trend Benchmark...
On 14 th November’20, AlCircleBiz, the world's first global marketplace that connects millions of buyers and sellers across the entire aluminium value chain was launched with a bang. AlCircleBiz is a unique initiative to connect millions of buyers and sellers across the aluminium eco-system and with the mission of practising absolute transparency, the platform is all set to connect buyers and sellers through enquiries against listed products and business leads. Followed by its launch, AlCircleBiz remains a trending itinerary in the global aluminium sector, as it covers the entire aluminium value chain right from Raw Materials to End Products, Surplus/Scrap, Technology, Equipment, and Accessories. The benefits of the basic package: Product Listing : List the products/services that you want...
Vedanta has hiked its aluminium products price after declining it for the third time in a row. With effect from Tuesday, 05 January 2021, the prices of some aluminium ingots are in the range of INR 170,000-183,000 per tonne, a jump of INR 6,250 per tonne from INR 163,750-176,750 per tonne on January 01. The company’s Billet price has risen to stand at INR 178,000 per tonne on Tuesday, 05 January 2021. That is up by INR 6,250 per tonne from INR 171,750 per tonne on January 01. 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...
SMM aluminium ingot price has registered a hike after five days of drop. As of Tuesday, 05 January 2021, the price now stands at RMB 15690 per tonne, marking growth of RMB 100 per tonne from Monday’s price of 15590 per tonne. The price is expected to range at RMB 15670-15710 per tonne. In Foshan and Wuxi, the price has hiked by RMB 100 per tonne and RMB 90 per tonne to stand at RMB 15760 per tonne and RMB 15690 per tonne. Their average prices are expected to range within RMB 15740-15780 per tonne and RMB 15680-15700 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15690 per tonne and RMB 15675 per tonne, up RMB 100 per tonne and RMB 90 per tonne. Aluminium ingot prices in Shenyang, Tianjin Linyi and Gongyi have climbed to stand at RMB 15680 per tonne, RMB 15690 per...
Benchmark aluminium price on London Metal Exchange rose 1.79 per cent to stand at US$ 2013.5 per tonne on Monday, 4 January 2021, from US$ 1978 per tonne on December 31. As of Monday January 4, LME aluminium cash (bid) price stands at US$ 2013.50 per tonne, LME official settlement price stands at US$ 2013.50 per tonne; 3-months bid price stands at US$ 2016 per tonne, 3-months offer price is US$ 2016 per tonne; Dec 21 bid price stands at US$ 2083.50 per tonne, and Dec 21 offer price stands at US$ 2083.50 per tonne. LME aluminium 3-months Asian Reference Price is hovering at US$ 1995.01per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to stand at US$ 2417 per tonne on Tuesday, 5 January 2021. SHFE aluminium shed 0.29% on Monday, January 4. Shanghai base...
On 4 th January 2021, the Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan delivered a letter to Prahlad Joshi, Coal and Mines Minister proposing him to increase the production capacity of Nalco’s Aluminium smelter plant at Angul. Pradhan in his letter has urged Joshi to take required steps for increasing Nalco aluminium smelter plant’s capacity to 1 MTPA from existing 0.46 MTPA given the availability of alumina at Angul (1.5 MTPA). The National Aluminium Company (NALCO) is endeavouring a brownfield expansion project for their Aluminium Smelter Plant at Angul district in Odisha. Pradhan wrote in his letter: “The expansion project is being undertaken to increase the capacity to 1 MTPA from 0.46 MTPA, which incorporates the construction of a 144 MW feeder Captive Power Plant...
