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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Aluminium billet inventory drops on higher consumption; Aluminium alloy (A356) price up RMB50/t
Stocks of 6063 aluminium billet across five major consumption areas in China declined 6,500 tonnes from a week ago to stand at 144,500 tonne as of Thursday March 14, Shanghai Metals Market data showed. Higher consumption and limited arrivals accounted for the decrease in aluminium billet stocks....
A00 aluminium ingot price drops over the weekend by RMB40/t; input costs record no change
According to Shanghai Metals Market, the A00 aluminium ingot price has dropped over the weekend by RMB 40 per tonne to stand at RMB 13,610 per tonne. The average prices are expected to range between RMB 13,590 per tonne and RMB 13,630 per tonne, with spot discounts to settle at RMB 50 per tonne to...
6063 aluminium billet stocks increase marginally over the week: SMM
According to Shanghai Metals Market, 6063 aluminium billet stocks across five major consumption areas in China increased this week with varying consumptions in markets. Over the week ended on March 7, inventories gained 4,300 tonnes of aluminium billet to stand at 151,000 tonnes. Last week, on...
A00 aluminium ingot price climbs higher; Aluminium alloy (A356) price up by RMB50/t
A00 aluminium ingot price continued its upward trend and stood at RMB 13610 per tonne as of Tuesday, February 26. Aluminium ingot price increased 0.15 per cent or RMB20 per tonne today. The average price is expected to range between RMB13590 per tonne and RMB13630 per tonne, with spot discounts to...
Zhongwang Group to invest in aluminium alloy processing project in Henan in collaboration with government
According to a news release on the Henan people’s government on Saturday February 23, Luoyang government of Henan province has signed a contract with aluminium extrusion producer Liaoning Zhongwang Group last week to construct an aluminium alloy processing plant in Yichuan country of Luoyang....
China’s aluminium billet stocks decline some 4,800 tonnes; aluminium alloys (A356) price up RMB50/t
Stocks of 6063 aluminium billet across five major consumption areas in China declined some 4,800 tonnes from Thursday February 14. Aluminium billet inventories now stood at 164,500 tonne as of Thursday February 21, Shanghai Metals Market data showed. Limited cargoes arrived at warehouses and this...
Scientists used nanoscale diamond to create new aluminium alloy in a lab experiment
Scientists from London's Brunel University and Tomsk State University made an experiment in which they successfully added nanoscale diamond to melted aluminium to create new aluminium alloy. The researchers said in a media statement that the new alloy would be suitable for maritime transport. This...
Lowered aluminium ingot price and increased billets stocks prompt aluminium alloy price drop
Followed by two back-to-back rises, the A00 aluminium ingot price registers a drop today, on February 1, by RMB 90 per tonne, found Shanghai Metals Market. After increasing on 30 th of January and 31 st of January, the aluminium ingot price had reached RMB 13,390 per tonne, but after a plunge today...
A00 aluminium ingot price increases further, aluminium alloy (A356) price up by RMB100/t
A00 aluminium ingot price increased further to RMB13470 per tonne on January 24, registering a growth of RMB80 per tonne from the previous day. The average prices today are expected to range between RMB 13450 per tonne and RMB 13490 per tonne, with spot discounts to settle at RMB 70-30 per tonne....
Recap 2018: The year saw unprecedented growth in EVs boosting aluminium demand
There were more than 3.5 million passenger electric vehicles (EVs) sold globally and about 421,000 electric buses at the end of June 2018, bringing the total number of EVs sold to 3.97 million, according to a new report from Bloomberg New Energy Finance. The use of EV in passenger cars and public...
A00 aluminium ingot price climbs higher; aluminium alloy price up by RMB50/t
A00 aluminium ingot price stood at RMB13410 per tonne on January 21, up RMB50 per tonne from RMB13360 per tonne as of January 18. The average prices today are expected to range between RMB 13390 per tonne and RMB 13430 per tonne, with spot discounts to settle at RMB 90-50 per tonne. Aluminium ingot...
6063 aluminium billet stocks record a dip in China by 8,800 tonnes over the week
According to Shanghai Metals Market, stocks of 6063 aluminium billet shrank over the week ended on January 17, across five major consumption areas in China. Since the stocks dipped 8,800 tonnes they now stood at 80,700 tonnes, SMM data showed. The reason for this plunge in aluminium billet stocks...
Ford unveils Shelby GT500 featuring aluminium alloy engine at 2018 Detroit Motor Show
Ford Motor Company reportedly unveiled the all-new Shelby GT500, the most powerful mustang ever with 700 horsepower, at the 2018 Detroit Motor Show. The company says it is the quickest street-legal acceleration and most high-performance technology to date. The vehicle comes with a supercharged 5.2...
A00 aluminium ingot price in China plunges; aluminium alloy price follows suit
A00 aluminium ingot price stood at RMB13240 per tonne on January 14, down RMB70 per tonne from RMB13310 per tonne as of January 11. The average prices today are expected to range between RMB 13220 per tonne and RMB 13260 per tonne, with spot discounts to settle at RMB 30-10 per tonne. Aluminium...
China exports of aluminium alloy wheels grow on concern over tariffs
According to the China Association of Automobile Manufacturers (CAAM), in October 2018, China's export of aluminium alloy auto wheels grew 16.9 per cent from a year ago to 96,000 tonnes. On month on month comparison, the volume increased 7.5 per cent from the September volume of 89,300 tonnes. In...
Chinese aluminium alloys price drops despite lowered billet inventories: A00 ingot price grows
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China shrank some 11,900 tonnes over the week ended on Thursday, December 20, to stand at 108,600 tonnes. The reason for this decline could be the smaller arrivals of billets to warehouses...
Prebaked anode prices in Southwest and Northwest China drop by RMB 100/t; aluminium alloy prices decline in major markets
The A00 aluminium ingot price again witnessed a drop today, on December 20.A00 aluminium Ingot price dropped by RMB 80 per tonne to RMB 13510 per tonne. The average prices today are expected to range between RMB 13490 per tonne and RMB 13530 per tonne, with spot discounts to settle at RMB 90 to RMB...
Platina Resources completes definitive feasibility study on developing scandium-aluminium master alloy
Platina Resources has successfully concluded a definitive feasibility study for its Platina Scandium Project. Platina Resources Ltd has demonstrated that it can produce 2% scandium-aluminium master alloy from the scandium oxide processed from its Platina Scandium Project in New South Wales....
