Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
Why aluminium scrap grade matters when buying secondary aluminium in India
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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Alumina price in China slips 0.93%; Aluminium Fluoride price slumps by RMB 200/t
The average spot alumina price in China has dropped by RMB 21 per tonne or 0.93 per cent on Friday, 03 April 2020, after a decline of RMB 66 per tonne on Thursday. The price now stands at RMB 2246 per tonne today. The drop in alumina prices has continued in all other major markets in China, except...
Alumina price in China drops by RMB10/t; A00 aluminium price stands at RMB11520/t
The average spot alumina price in China has extended drop by RMB 10 per tonne from Tuesday to stand at RMB 2333 per tonne on Wednesday, 01 April 2020. Alumina prices have decreased across in East and Central markets in China. The prices of alumina in East and Central markets have dropped by RMB 20...
Bauxite price in Shanxi falls more than 7%; Australian alumina FOB price slips USD 9/t
As updated by Shanghai Metals Market, the average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 415 per tonne on Tuesday, 31 March 2020, down RMB 35 per tonne or 7.78 per cent, after remaining flat at RMB 450 per tonne since March 10. The average price is expected to move within a range of...
EDAG innovates crash proof aluminium alloy for 3D printing
EDAG Group, the leading engineering technology service provider admits additive production has vast uncontested prospective for revolutionising the production of the future and at the same time achieving new dimensions for lightweight construction. The aluminium alloys available presently do not...
Aluminium billet inventories in China continue to fall for the third consecutive week
According to Shanghai Metals Market, aluminium billet inventories in China fell for the third consecutive week ended March 26, due to stable deliveries and reduced arrivals. SMM data shows the 6063 aluminium billet stocks stand at 192,700 tonnes, as of March 26, after inching down by 4,900 tonnes...
Alumina (Imported) price stands lower at RMB 2430/t; A00 aluminium ingot price up by 1.68%
The average spot alumina price stands at RMB 2421 per tonne on Thursday, 26 March 2020, a drop of RMB 28 per tonne or 1.14 per cent from RMB 2449 per tonne. The alumina prices in China have decreased in all major markets except South. The average prices of Alumina-East and Alumina-Central have...
RB16: Red Bull built a lighter design with aluminium alloy
The post analysis report concludes that the Red Bull Racing has developed an adventurous design for RB16’s front wheel suspensions of the top three Formula1team. The designs of both Red Bull and Mercedes were more valiant in designing the front suspension, whereas Ferrari remained a bit more...
Hike in A00 aluminium ingot and aluminium alloy prices indicates growth in demand and purchase
After remaining restrained at RMB 11,220 per tonne on March 24, followed by a havoc downfall of RMB 570 per tonne on the preceeding day, the A00 aluminium ingot price today, on March 25, has gained RMB 110 per tonne to stand at RMB 11,330 per tonne, found Shanghai Metals Market. The average prices...
Average alumina spot price extends decline by RMB33/t; Prices of A00 aluminium ingot, aluminium alloys remain restrained
The average alumina spot price has extended decline by RMB 33 per tonne to stand as low as RMB 2,498 per tonne, as of Tuesday, March 24, found Shanghai Metals Market. In the east and central, the price has inched down by RMB 40 per tonne to hover at RMB 2,500 per tonne and RMB 2,510 per tonne,...
China Hongqiao Group earns greater profit in 2019 despite lower production and revenue
On Friday, March 20, the world’s biggest aluminium producer China Hongqiao Group announced that despite a significant drop in production, it could see a rise in net profit of 12.7 per cent in 2019. According to the group, lower production costs were a significant reason for the increase in its net...
Alumina price in China stands lower at RMB2564/t; Prices of aluminium ingot and aluminium alloy register growth
According to Shanghai Metals Market, the average spot alumina price has further recorded a decline of RMB 2 per tonne to stand at RMB 2,564 per tonne, as of Friday, March 20. In the north, the price has dwindled by RMB 5 per tonne to RMB 2,570 per tonne. In the east, central, and south, however,...
Coronavirus outbreak continues to affect Chinese primary aluminium and aluminium alloys prices; Fall by RMB 50-100/t
According to Shanghai Metals Market, the A00 aluminium ingot price has continued to record a decline today, as on March 18. Registering a fall of RMB 80 per tonne, the price today is RMB 12,520 per tonne. The average prices are expected to range between RMB 12,500 per tonne and RMB 12,540 per...
China's alumina price extends drop by RMB5/t on increased demand for imported raw material; A00 aluminium ingot price falls by RMB140/t
According to Shanghai Metals Market, the average alumina spot price in China has extended drop today, March 17, for the second day in a row by RMB 5 per tonne to RMB 2,568 per tonne. In the north, the price has declined by RMB 10 per tonne to RMB 2,575 per tonne, while that in the east, central,...
Alumina price in China dips by RMB2/t after week-long restraint; A00 aluminium ingot price rises by RMB90/t
After remaining restrained at RMB 2,575 per tonne last week, the average alumina spot price has recorded a dip today, on March 16, by RMB 2 per tonne to RMB 2,573 per tonne, found Shanghai Metals Market. In the north, the price has decreased by RMB 5 per tonne to RMB 2,585 per tonne, while in the...
Aluminium billet inventories recorded fall on Thursday after three consecutive weeks of rise
According to Shanghai Metals Market report on Thursday, March 12, aluminium billet inventories fell after three consecutive weeks of increase, as the deliveries from warehouses outweighed arrivals. Data showed the stocks of 6063 aluminium billets across five major consumption areas in China shrank...
A00 aluminium ingot price drops by RMB 60/t; Aluminium Alloy (A356) stands lower at RMB13450/t
A00 aluminium ingot price decreased by RMB 60 per tonne or 0.47 per cent on Thursday, 12 March 2020. The price now stood at RMB 12750 per tonne and is expected to move within a range of RMB 12730-12770 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB 40 per tonne. In...
Restraint at A00 aluminium ingot price for a day follows by a plunge of RMB20/t today; Aluminium alloy(A356) drops by RMB50/t
After remaining restrained last day, followed by a significant decline of RMB 240 per tonne, the A00 aluminium ingot price has recorded a plunge yet again of RMB 20 per tonne, as on March 11, according to Shanghai Metals Market. The ingot price, thus, stands at RMB 12,810 per tonne, as of today....
A00 aluminium ingot price remains restrained after sharp decline last day; Bauxite(4.5≤Al/Si＜5.5)Shanxi price drops
After a sharp decline of RMB 240 per tonne last day, the price of A00 aluminium ingot in China has remained restrained today, on March 10, at RMB 12,830 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 12,810 per tonne and RMB 12,850 per tonne, with spot...
