Adani-IHC expand Odisha investment plans to $25bn across 14 projects
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
Odisha CM visits EGA Jebel Ali, highlights NALCO–EGA aluminium partnership
Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...
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India: Imported aluminium scrap prices soften W-o-W amid weak LME, festive lull
India's imported aluminium scrap prices declined by USD 30-40 per tonne W-o-W, primarily due to a downward trend in London Metal Exchange (LME) prices. Despite strong demand and ongoing supply constraints, prices continued to fall as subdued trading activity during the festive week limited any...
Viggo Boats expands global presence with new dealer appointment
Viggo Boats, a boat-building firm, has expanded its global reach through Vortec Marine as the exclusive dealer for the UK and Ireland. Their collaboration represents a growing demand for sustainable marine solutions, and Viggo's hybrid aluminium vessels will fit Vortec's solid position in the...
AL Circle x Eishin Takahashi: Magnetic engineering innovations shaping aluminium recycling efficiency and sustainability
Eishin Takahashi, President of Zmag America, leads Zmag’s international activities and steers the strategic direction of its magnetic engineering technology. With a strong background in software and business development, including leadership roles at Preview Systems and Aladdin Knowledge Systems,...
Higher imports of AL extruded products from ASEAN; India demands re-examine FTA
Indian aluminium extrusion manufacturers are sounding the alarm over surging pressure from low-priced Chinese imports. They warn that these imports, facilitated indirectly through regional trade agreements, are disrupting domestic competitiveness, exposing a critical imbalance in the market's...
How Australia’s alumina & ammonia companies like Rio Tinto, South32, & Orica, are plotting net-zero pathways
A new study by Market Forces has shed light on Australia’s industrial gas consumption, revealing a striking concentration of demand among a handful of facilities. According to the findings, just 10 industrial sites are responsible for more than half (50.9 per cent) of the country’s total...
AL Circle x Jean Simard: Canadian green aluminium positioned as a global driver of sustainability
Jean Simard, President and CEO of Aluminium Association of Canada and the official representative of Canada’s aluminium industry, serves as a leading voice with governments, business associations, NGOs, media and international organisations connected to the sector. Recipient of the King Charles III...
Barter creeps back into trade as Russia and China rewrite the rules
History has repeated itself as Russia, after the 1990s, has returned to barter deals owing to geopolitical predicaments. Not a generic practice yet, but the initiation of barter deals commenced at the Kazan Expo business forum. Chinese companies cited settlement issues and Russian demands that they...
![Overnight, cast aluminium alloy consolidated with a slight decline; bulls mainly reduced their positions [SMM Cast Aluminium Alloy Morning Comment]](https://assets.alcircle.com/dynamic/prod/news/20260831133136830_4d8f8520f_md.webp)
Overnight, cast aluminium alloy consolidated with a slight decline; bulls mainly reduced their positions [SMM Cast Aluminium Alloy Morning Comment]
The most-traded AD2511 contract for cast aluminium alloy opened at RMB 20,050 per tonne, hit a low of RMB 20,025 per tonne, and reached a high of RMB 20,090 per tonne overnight. It finally closed at RMB 20,055 per tonne, down RMB 40 per tonne or 0.20 per cent from the previous close. Trading volume...
Peel Ports joins ALFED to boost UK aluminium trade and sustainable supply chains
Peel Ports Group, providing port and logistics services, has become the first UK port operator to join the Aluminium Federation (ALFED), a non-profit organisation dedicated to representing and supporting the UK aluminium industry, underpinning its strategic focus on helping the steel and metals...
NALCO ramps up expansions in production to fast-track Maharatna status
National Aluminium Company Limited (NALCO), a Navaratna central public sector enterprise (CPSE), is pursuing brownfield expansions in alumina and aluminium production as part of its strategy to secure Maharatna status. NALCO plans to invest INR 17,163 crore (USD 2.06 billion) to enhance smelter...
LME aluminium hits 2-week low as US widens 50% tariff; Alumina price inches up to $370.98/t
The London Metal Exchange (LME) aluminium prices continued its decline on Tuesday, August 19, reaching its lowest level in over two weeks, following the US decision to expand the 50 per cent import tariff. As per the price graph, both cash bid price and official settlement price dropped further by...
Global Aluminium Ingot Prices tumble in Q2 2025 amid tariffs, oversupply, and weak demand
Aluminium markets endured a turbulent first half of 2025, with ingot prices slumping sharply in the second quarter across North America, Asia-Pacific, and Europe. Oversupply, sluggish downstream demand, and rising inventories all weighed heavily, while US tariff policy further unsettled trade...
Shaky but steady: Brazil’s aluminium can recycling rate falls 2.7% but stands above 95% for 15 years
Brazil’s well-established recycling system has once again propelled the country’s aluminium can recycling rate to an impressive 97.3 per cent. For more than 15 years, Brazil has consistently maintained a recycling rate above 95 per cent. This achievement is not only the result of a strong recycling...
Germany’s flagship facility redefines bottom ash metal recovery
In Magdeburg, Mitteldeutsche Schlackenunion (MDSU) is establishing a benchmark in circular economy solutions. Through its advanced plant for metal recovery from bottom ash, the company highlights the critical role of reliable, high-performance sorting technology, reinforcing STEINERT’s position as...
Ontario’s $1B tariff relief fund to shield businesses hit by Trump’s aluminium & steel tariffs
Ontario has introduced a USD 1-billion relief fund to support businesses hit by aluminium, steel, and auto tariffs. The initiative, called the Protect Ontario Financing Program, is part of a broader USD 5-billion tariff support package unveiled in the province’s spring budget. According to Finance...
ANB Metal Cast listed its IPO on the NSE at INR 164
ANB Metal Cast Limited company, founded in the year 2019, mainly focuses on the production of aluminium extrusion products like solar profiles, railings, motor bodies, bars, sliding windows and various types of other industrial products required in a broad spectrum of industries like electronics,...
It’s all about the American aluminium industry in 2025 as it should have been!
The American aluminium industry is standing at a decisive moment. In 2025, producers, policymakers, and end-users are all wrestling with a dual reality, wherein on one hand, tariffs, energy volatility, and demand slowdowns are weighing heavily; on the other, a push for green metals and recycling is...
Nexus bids farewell to its 45-year-old metro trains, recovering valuable metals like aluminium & copper
The Tyne and Wear Metro trains, long-standing icons of the network, are being retired and recycled, just as the system celebrates its 45th anniversary. Nexus, the operator, is bidding farewell to these trusty "workhorses" as a brand-new fleet is ushered in. Nexus is the Passenger Transport...
