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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A00 aluminium ingot price registers a hike of RMB130/t; expected to range within RMB 13740 -13780/t
A00 aluminium ingot price recorded an increase of RMB 130 per tonne, after falling four days in a row. Ingot price stood at RMB 13760 per tonne on Thursday, 04 July 2019. The average price is expected to range between RMB 13740 per tonne and RMB 13780 per tonne. Spot aluminium contract is likely to...
Aluminium China and Lightweight Asia 2019 continue to look at the advancements in the aluminium application field
Aluminium China and Lightweight Asia, from July 10-12 in Shanghai, will showcase a new chapter in the aluminium industry by exploring the green manufacturing trends involved in the developments and products in the automotive, construction, transport, aerospace and consumer durables industries....
Alumina price in China down by 1.01%; Aluminium alloy (ADC12) price stands at RMB 14000/t
The average spot alumina price in China dropped from RMB 2786 per tonne to RMB 2758 per tonne on Tuesday, 02 July 2019. This records a decline of RMB 28 per tonne or 1.01 per cent. In East China market spot alumina price stood at RMB 2770 per tonne, down RMB 30 per tonne. The average alumina spot...
Alumina price records a drop of RMB24/t; A00 aluminium ingot price declines after three days
Average spot alumina prices in China witnessed a drop on June 28 to RMB 2841 per tonne. This indicates a decline of RMB 24 per tonne or 0.84 per cent. In East China market spot alumina price decreased to RMB 2850 per tonne. Average alumina spot price in Central China market stood at RMB 2840 per...
Raffmetal and Fondital join Aluminium Stewardship Initiative
Raffmetal and Fondital have joined Aluminium Stewardship Initiative (ASI) ASI as joint-members in the Production and Transformation Class. ASI now has 92 companies working towards a more responsible aluminium value chain. Raffmetal is a manufacturer of aluminium alloys in Italy, processing recycled...
Nalco to invest INR 17,000 crore for capacity ramp up; INR 5,540 crore assigned for new alumina refinery stream
National Aluminium Company will reportedly invest INR 17,000 crore to enhance its production capacity. Nearly half of the proposed investment will be made in association with joint venture partners. The state-run aluminium maker will invest around INR 6,000 crore on its own for establishing some...
A00 aluminium ingot price down RMB60/t; Aluminium alloy (A356) registers a decline
A00 aluminium ingot price dropped from RMB 13890 per tonne to RMB 13830 per tonne on Monday, 24 June 2019. This indicates a drop of RMB 60 per tonne or 0.43 per cent. The average price is expected to range between RMB 13810 per tonne and RMB 13850 per tonne. Spot aluminium contract is likely to be...
Rio Tinto launches new aluminium alloy for lighter car wheels
Rio Tinto has developed Revolution-Al™, a new aluminium alloy that could reduce the weight of wheels by 7 per cent. Revolution-Al™ is the latest addition to Rio Tinto’s High Strength 3xx Series Alloys. Rio Tinto Aluminium chief executive Alf Barrios said: “As we partner with customers we’re seeing...
Inner Mongolia Mengtai Group starts construction of its high-end aluminium alloy project
China-based coal operation company Inner Mongolia Mengtai Group Co. Ltd. has reportedly started constructing its high-end aluminium alloy project, which will have a production capacity of 200,000 tonnes per year. The news came after local news media reported at Dalad Banner Economic Development...
Aluminium billet inventories record W-o-W decline today by 2,200 tonnes
Followed by the increase in aluminium billet inventories last week on June 13, the inventories today, on June 20, have recorded a plunge in China due to fewer arrivals of deliveries at warehouses and moderate downstream consumption. Shanghai Metals Market data shows that the stocks of 6063...
Baosteel to start test production at its upcoming aluminium project in June 2020
China’s largest listed steel producer Baoshan Iron and Steel Co. Ltd. (Baosteel) will reportedly start test production at its upcoming aluminium project in Henan province from mid-2020. The first phase of Baosteel’s aluminium alloy casting and deep processing plant will have a capacity of 300,000...
A00 aluminium ingot price registers a hike after four days; Australian alumina FOB down USD2/t
A00 aluminium ingot price recorded an increase of RMB 50 per tonne, after falling four days in a row. Ingot price stood at RMB13900 per tonne on Wednesday, 19 June 2019. The average prices are expected to range between RMB13880 per tonne and RMB13920 per tonne. Spot aluminium contract is likely to...
A00 aluminium ingot price records a drop; Australian alumina FOB continues downward trend
A00 aluminium ingot price again dropped to RMB 13970 per tonne on Friday, 14 June 2019. That was down RMB90 per tonne from yesterday. The average price is expected to range at RMB13950-13990 per tonne. Spot aluminium price is likely to be traded at a discount of RMB 10 per tonne to premium of RMB...
China's new restrictions on scrap import likely to raise cost for domestic secondary smelters and ADC12 alloy prices
The newly implemented restrictions on scrap aluminium imports from July are likely to raise cost for Chinese secondary aluminium smelters, which in turn may raise the export price of Chinese aluminium alloys, a Platts report says. From July, only companies with licenses from the Ministry of...
A00 ingot prices inch higher after a drop on Monday; imported alumina price drops RMB 15/t
As updated by Shanghai Metals Market, A00 aluminium ingot price in China increased from RMB 14020 per tonne on June 10 to RMB 14070 per tonne on June 11. The average prices are expected to range between RMB 14050 per tonne and RMB 14090 per tonne. Spot aluminium contract is likely to be traded at a...
Chinese A00 aluminium ingot price continues to fall to RMB14020/t; prices of aluminium alloys also decline
According to Shanghai Metals Market, the price of A00 aluminium ingot has recorded further down over the weekend ended on June 10 from RMB 14,060 per tonne to RMB 14,020 per tonne. This indicates that the A00 aluminium ingot price has shrunk by RMB 40 per tonne. The average prices are expected to...
Aluminium billet inventories shrink by 14,000 tonnes over the week
According to Shanghai Metals Market, aluminium billet inventories in China have extended fall over the week ended on June 6, as significant deliveries have yet to arrive at warehouses. SMM data shows that the stocks of 6063 aluminium billet across five major consumption areas have decreased today...
Vedanta plans to set up auto ancillary park in Odisha for manufacturing alloy wheels
In partnership with the Odisha government, Vedanta is reportedly planning to set up a hot metal park at Jharsuguda, which would host auto ancillary units with Vedanta’s aluminium unit being the anchor. According to Business Standard report, the company, while specifically looking at alloy wheels,...
