NewsEuropePage 103

Grow with
AL Circle

KNOW MORE
Alumina production in East & Central Europe grows 6.5% M-o-M to 425,000 tonnes in May 2021
01 JUL 20211MINS

Alumina production in East & Central Europe grows 6.5% M-o-M to 425,000 tonnes in May 2021

According to the International Aluminium Institute data, alumina production in East & Central Europe in May 2021 stood at 425,000 tonnes, reflecting a month-on-month increase of 26,000 tonnes or 6.52 per cent. In April, East & Central Europe produced 399,000 tonnes, which stood almost flat compared...

Dadco Alumina and Chemicals Limited joins ASI as 175th Production and Transformation member
30 JUN 20212MINS

Dadco Alumina and Chemicals Limited joins ASI as 175th Production and Transformation member

Aluminium Stewardship Initiative announced last week that it welcomed Dadco Alumina and Chemicals Limited as a new Production and Transformation member. That brought the total number of ASI members to 175. Dadco is an international group active in the aluminium industry. It is a leading supplier of...

Sweden’s export of aluminium scrap during 2019-20 reflects a marginal growth; 2021 estimated with further minimal rise
30 JUN 20211MINS

Sweden’s export of aluminium scrap during 2019-20 reflects a marginal growth; 2021 estimated with further minimal rise

The economy of Sweden is regaining its movement, with projected GDP growth close to 4% in 2021 and 3½% in 2022, on the back of rising exports, which boost manufacturing production and investment, and strong fiscal and monetary support. The Scandinavian nation with thousands of coastal islands and...

Russia imposes an export tariff of 15% plus $254 per tonne on aluminium
29 JUN 20212MINS

Russia imposes an export tariff of 15% plus $254 per tonne on aluminium

The Russian government’s press service has confirmed that the aluminium produced in Russia will be imposed with an export duty of 15% plus $254 per tonne from 1st August through 31st December. On 25th June 2021, Russian Prime Minister Mikhail Mishustin signed an official decree towards the approval...

Switzerland’s export of aluminium container during 2019-20 illustrates a sharp rise; 9% further growth estimated for 2021
24 JUN 20211MINS

Switzerland’s export of aluminium container during 2019-20 illustrates a sharp rise; 9% further growth estimated for 2021

The economic outlook of Switzerland rejuvenates with the ease of pandemic cases. According to the Organisation for Economic Co-operation and Development (OECD), the Swiss gross domestic product (GDP) is expected to grow by 3.2% in 2021, upgraded from 2.2% in the previous forecast. The Alpine...

Black Sea Trade and Development Bank dispensing $40 million loan to ALRO for energy and VAP capacity enhancement
23 JUN 20212MINS

Black Sea Trade and Development Bank dispensing $40 million loan to ALRO for energy and VAP capacity enhancement

On 23rd June 2021, the Black Sea Trade and Development Bank (BSTDB), the international financial institution serving the eleven-member founding countries of the Black Sea Economic Cooperation, stated that it is dispensing a $40 million loan for a capital investment programme.to Romanian aluminium...

Sanjeev Gupta’s Liberty Aluminium Technologies seeks more time to track down buyers
22 JUN 20213MINS

Sanjeev Gupta’s Liberty Aluminium Technologies seeks more time to track down buyers

Sanjeev Gupta’s distressed metal empire that counters the threat of administration has requested its bankers to give more time, as it is trying to negotiate with four potential buyers. The supplier of cast components to Jaguar Land Rover, Liberty Aluminium Technologies could be enforced by the...

Netherlands export of aluminium scrap during 2018-20 tracks decent growth; 2021 predicated with 2% upswing
22 JUN 20212MINS

Netherlands export of aluminium scrap during 2018-20 tracks decent growth; 2021 predicated with 2% upswing

The Dutch economy is envisioned to grow by 2.7% in 2021 and 3.7% in 2022, reaching the pre-Covid levels at the beginning of 2022. Consumption will navigate the recovery as households normalise their saving after the sharp increase in 2020. Private investment will enhance, but pursue to be held back...

Airbus, Magellan Aerospace deal for aluminium and titanium structural wing components supply foster North Wales sites
22 JUN 20212MINS

Airbus, Magellan Aerospace deal for aluminium and titanium structural wing components supply foster North Wales sites

The announcement of a contract extension between Airbus and Magellan Aerospace (UK) is considered as a move that should foster the North Wales sites. The deal will realize the supply of aluminium and titanium structural wing components from Magellan UK’s facilities throughout Europe and India. The...

PPG to expand coatings manufacturing capacity to help meet the growing demand for aluminium can coatings
21 JUN 20211MINS

PPG to expand coatings manufacturing capacity to help meet the growing demand for aluminium can coatings

The United States-based paint and speciality material supplier PPG is reportedly investing in expanding the capacity of manufacturing coatings at two of its plants in Netherlands and Poland, in a bid to meet the increasing demand for aluminium and steel cans coatings in the beverage, food, and...

Downstream Weekly Recap: Russian Ambassador’s visit to Klil seen as new collaborations opportunity in aluminium sector; Aluminium billet inventories built-up 14%
20 JUN 20213MINS

Downstream Weekly Recap: Russian Ambassador’s visit to Klil seen as new collaborations opportunity in aluminium sector; Aluminium billet inventories built-up 14%

From Russian Ambassador’s visit to Klil in Israel to the fair possibility of trade dispute resolve between the EU & US concerning aluminium tariffs, the global downstream aluminium market has witnessed a plethora of events this week from June 14 to June 18. Russian ambassador Anatoly Viktorov...

TRIMET initiates operation of casting plant for aluminium sows at Voerde site
17 JUN 20211MINS

TRIMET initiates operation of casting plant for aluminium sows at Voerde site

In early June 2021, TRIMET at its Voerde aluminium site engaged the freshly installed casting plant for the production of aluminium sows. The Voerde aluminium smelter with an attached anode factory is now capable to produce ingot metal itself. As yet, the site supplied its 99.9% pure electrolytic...

EU, US consent to settle aluminium and steel tariffs dispute by end of 2021
17 JUN 20212MINS

EU, US consent to settle aluminium and steel tariffs dispute by end of 2021

The trade disputes between the EU and US concerning tariffs on aluminium and steel will be resolved by the end of 2021 as agreed by both parties. The deal of Boeing and Airbus tariff to suspend for five years had been reached ahead to the meeting in Brussels, while an agreement on tariffs on...

Poland’s import of aluminium cans during 2019-20 records downfall; 14% drop estimated for 2021
16 JUN 20212MINS

Poland’s import of aluminium cans during 2019-20 records downfall; 14% drop estimated for 2021

The economy of Poland bounced backed strongly in Q3 after a sharp fall in economic activity in H1 2020. Real GDP grew by 7.9% Q-o-Q, primarily steered by a steep rebound in household consumption and a rise in exports, which empowered the trade balance. The economy pursued strong support into Q4...

Aluminium downstream weekly recap: Salzburg Aluminium expands in Canada and US, opens new sales office; Transatlantic metals, other trade dispute needs to end: European Union
12 JUN 20214MINS

Aluminium downstream weekly recap: Salzburg Aluminium expands in Canada and US, opens new sales office; Transatlantic metals, other trade dispute needs to end: European Union

The downstream aluminium sector witnessed another eventful week. The European leader for manufacturing high-quality aluminium components for the automotive sector, Salzburg Aluminium, reported its expansion in Canada and United States, opening a new office in Toronto and Charlotte. While the...

Austria’s export of aluminium powder and flakes during 2018-20 unveils instability; Forecast for 2021 remains dull
11 JUN 20212MINS

Austria’s export of aluminium powder and flakes during 2018-20 unveils instability; Forecast for 2021 remains dull

The global banking and financial services group, ING quoted 'Austria’s growth rate is a sweet surprise', as the country’s Q1 GDP growth cropped in stronger than expected at 0.2%. This is attributed to the industrial and construction sectors, which are compensating for ongoing declines in services....

La France Insoumise Chief and Presidential candidate for 2022 election Jean-Luc Mélenchon visits distressed MBF Aluminium Foundry
11 JUN 20212MINS

La France Insoumise Chief and Presidential candidate for 2022 election Jean-Luc Mélenchon visits distressed MBF Aluminium Foundry

On 10th June 2021, the Chief of La France Insoumise and Presidential candidate for the 2022 French election visited the distressed MBF Aluminium Foundry in Saint-Claude, Jura, where 280 jobs are at stake towards the liquidation of the organisation. The leader of the political party toured the...

For a sustainable world, a linear economy is no more desirable but needs to evolve into a circular green one, as per Circular Aluminium Action Plan and Green Deal 2050, Fabrizio Ciampoli, CEO, Ciampoli Consulting
08 JUN 20215MINS

For a sustainable world, a linear economy is no more desirable but needs to evolve into a circular green one, as per Circular Aluminium Action Plan and Green Deal 2050, Fabrizio Ciampoli, CEO, Ciampoli Consulting

AlCircle: Can you give us your view of the actual status of the Aluminium market in the EU? Mr Fabrizio Ciampoli: After 2020 with a lockdown due to Covid19 we are finally seeing a global recovery: this is definitely a positive trend but, as a downside, prices of raw materials are at their highest,...