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Tight aluminium supply fuels Maybank’s bullish call on Press Metal
25 AUG 20253MINS

Tight aluminium supply fuels Maybank’s bullish call on Press Metal

Press Metal Aluminium Holdings Bhd continues to benefit from supply constraints, easing input costs, and its low-carbon edge. Maybank Investment Bank (Maybank IB) Research has reaffirmed its “buy” rating on the company, lifting its target price (TP) by 12 per cent to RM6.34 per share from RM5.64,...

LME aluminium cash offer price rises to $2,589/t as stocks jump nearly 3%
25 AUG 20252MINS

LME aluminium cash offer price rises to $2,589/t as stocks jump nearly 3%

London Metal Exchange (LME) aluminium prices posted slight gains on August 22 compared to the previous session. The LME aluminium cash bid price climbed to USD 2,588.5 per tonne from USD 2,570 per tonne from August 21, while the cash offer price increased to USD 2,589 per tonne from USD 2,570.5 per...

Comment period ends for Benson aluminium recycling project
24 AUG 20253MINS

Comment period ends for Benson aluminium recycling project

The public comment period for a proposed air quality permit with Australian manufacturing firm Aluminium Dynamics, Inc., for its planned aluminium processing plant in Benson, Arizona, has come to an end. The Arizona Department of Environmental Quality (ADEQ) had been accepting comments and...

US tariffs on aluminium weigh heavily on Wisconsin manufacturer
23 AUG 20254MINS

US tariffs on aluminium weigh heavily on Wisconsin manufacturer

The recent expansion of United States tariffs on aluminium imports has increased the pressure on manufacturers who depend on the metal as a critical input. Wisconsin Aluminium Foundry (WAF), a century-old producer of aluminium and copper alloy castings based in Manitowoc, exemplifies how policy...

Mercedes-Benz & TSR come together to recover & reuse circular metals like aluminium into new cars
23 AUG 20253MINS

Mercedes-Benz & TSR come together to recover & reuse circular metals like aluminium into new cars

What if the cars of yesterday could power the cars of tomorrow? As the global race for raw materials accelerates and sustainability becomes the defining measure of progress, the automotive industry is rethinking how cars are built and unbuilt. Leading this reinvention, Mercedes-Benz and TSR Group...

Aluminium takes centre stage in Apple’s iPhone 17, here's how & why
23 AUG 20256MINS

Aluminium takes centre stage in Apple’s iPhone 17, here's how & why

Apple is trading glass glamour for aluminium muscle in the iPhone 17 Pro and the industry is watching closely. A recent leak has provided a first look at the iPhone 17 Pro's production chassis, showcasing a significant design shift from previous models. Unlike the iPhone 16 Pro's glass-and-titanium...

America is not short of aluminium but of recycling capacity
23 AUG 20252MINS

America is not short of aluminium but of recycling capacity

The US is suffering the consequences of President Trump doubling tariffs on the import of aluminium to 50 per cent, such as the increased costs and supply chain disruptions. But it is the demand which has not yet faced any hit. However, the nation is not really short of aluminium, according to...

From €15.6B to €2.8B: Eurozone’s June trade surplus collapses under tariff pressure
22 AUG 20254MINS

From €15.6B to €2.8B: Eurozone’s June trade surplus collapses under tariff pressure

The European Union’s vaunted export engine is sputtering under the combined weight of tariffs, softer demand, and eroding competitiveness. June 2025 marked a dramatic turning point: according to ING’s latest analysis, the bloc’s seasonally adjusted trade surplus collapsed to just EUR 2.8 billion,...

China escalates ongoing tariff battle with Canada by seeking WTO consultations
22 AUG 20253MINS

China escalates ongoing tariff battle with Canada by seeking WTO consultations

China has formally sought dispute consultations at the World Trade Organization (WTO) over Canada's surtaxes and quotas on aluminium and steel products, the WTO announced on Wednesday, August 20. According to the WTO notice, the contested measures include a surtax applied through tariff-rate quotas...

Economy Minister: Armenian exports of finished goods to EU surge
22 AUG 20252MINS

Economy Minister: Armenian exports of finished goods to EU surge

According to Minister of Economy Gevorg Papoyan, Armenian exports to the EU posted robust year-on-year growth in July, driven by three key sectors in the first seven months of 2025 versus the same period last year. Based on the report put forward by Papoyan, the July 2025 data versus July 2024...

India eases SRVA rules, fuels rupee trade and de-dollarisation talk
22 AUG 20254MINS

India eases SRVA rules, fuels rupee trade and de-dollarisation talk

India is at the centre of global trade discussions after reports suggested that the Reserve Bank of India (RBI) had issued a circular enabling BRICS nations to settle 100 per cent of their trade in Indian Rupees (INR). Analysts argued that such a shift could weaken the US dollar’s dominance in...

Germany’s flagship bottom ash recycling facility continues operation amidst harsh environment in Magdeburg
22 AUG 20253MINS

Germany’s flagship bottom ash recycling facility continues operation amidst harsh environment in Magdeburg

The flagship recycling facility, that has started operations in Magdeburg, targeting the recovery of valuable metals, including aluminium, from waste incineration, is prepared for harsh conditions. Run by Mitteldeutsche Schlackenunion (MDSU), it is now the biggest and most advanced bottom ash...

Aluminium dross recovery and metal extraction: What to expect in 2025
22 AUG 20254MINS

Aluminium dross recovery and metal extraction: What to expect in 2025

The global aluminium industry stands at a critical juncture where efficiency, sustainability, and resource recovery are shaping new business priorities. As per recent business market research, the aluminium sector — formed of primary aluminium smelters, secondary aluminium facilities, and...

Hindalco charts $10B growth strategy alongside record FY25 performance
22 AUG 20253MINS

Hindalco charts $10B growth strategy alongside record FY25 performance

At its 66th Annual General Meeting, Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, announced plans for approximately USD 10 billion in global investments over the next five years, spanning aluminium, copper and speciality alumina, Chairman Kumar Mangalam Birla informed...

Cast aluminium alloy fluctuates upward as policy disruptions intensify the tug-of-war between sellers and buyers in aluminium scrap
22 AUG 20255MINS

Cast aluminium alloy fluctuates upward as policy disruptions intensify the tug-of-war between sellers and buyers in aluminium scrap

Futures: The most-traded AD2511 cast aluminium alloy futures contract opened at RMB 20,130 per tonne, hit a low of RMB 20,105 per tonne, and reached a high of RMB 20,240 per tonne overnight, closing at RMB 20,220 per tonne, up RMB 95 per tonne or 0.47 per cent from the previous close. Trading...

Rising costs vs rising revenues – the paradox of the new 50% steel and aluminium derivative tariffs
22 AUG 20255MINS

Rising costs vs rising revenues – the paradox of the new 50% steel and aluminium derivative tariffs

Six months into Donald Trump’s 2025 tariff regime and it seems to be a never-ending roller-coaster journey with new sets coming in. So, what’s the update this time? More than 400 additional aluminium and steel product categories have come under the fold of 50 per cent tariffs. What are included?...

LME aluminium rises to $2,570.5/t after 3-day fall, owing to demand hopes from China
22 AUG 20252MINS

LME aluminium rises to $2,570.5/t after 3-day fall, owing to demand hopes from China

After three consecutive days of decline from Monday to Wednesday, LME aluminium prices rebounded on Thursday, August 21, rising by USD 4 per tonne (0.15 per cent) and USD 3.5 per tonne (0.13 per cent). Why did the price increase? The growth was supported by expectations of stronger demand from the...

ASI certifies Midal Cables against Performance Standard V3.1
22 AUG 20252MINS

ASI certifies Midal Cables against Performance Standard V3.1

Midal Cables has achieved ASI Performance Standard V3.1 (2023) for the production of aluminium rod coils and bare aluminium conductors for overhead lines (OHL) at their Midal Cables International, Lda Mozambique facility located in Matola Rio, Mozambique. Aluminium Stewardship Initiative (ASI)...