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LME extends aluminium warehousing network in US, Netherlands
18 NOV 20131MINS

LME extends aluminium warehousing network in US, Netherlands

The LME has extended its list of good delivery points for its primary aluminium contract, approving new locations in the US and Europe. Owensboro, Kentucky and Moerdijk in the Netherlands have both been approved as good delivery points for primary aluminium, the LME said in notices to members. Both...

Secondary aluminium ingot prices down in Europe
18 NOV 20132MINS

Secondary aluminium ingot prices down in Europe

Secondary aluminium ingot prices dropped in Europe on Friday November 15, as market participants reported dwindling numbers into the year end. Metal Bulletin’s quotation for DIN226 pressure diecasting ingot moved down to €1,720-1,780 ($2,315.45-2,396.22) per tonne, from €1,740-1,800 previously....

LME lists two good delivery locations for aluminium
16 NOV 20132MINS

LME lists two good delivery locations for aluminium

The London Metal Exchange has listed Owensboro, in Kentucky USA, and Moerdijk, in the Netherlands, as good delivery points for primary aluminium, according to notice sent by the exchange to its members. Owensboro and Moerdijk will become active as a good delivery points for primary aluminium three...

Hindalco Q2 net profit seen up 25%; stock rallies over 2%
12 NOV 20132MINS

Hindalco Q2 net profit seen up 25%; stock rallies over 2%

Hindalco Industries Ltd gained as much as 2.5 per cent in a weak market on Tuesday ahead of its results for the quarter ended September 30. The world's largest aluminium rolling company is expected to report a 25 per cent YoY increase in net profit to Rs 450 crore for the second quarter if the...

Total Alufoil deliveries stay positive at Q3 despite weaker demand
12 NOV 20132MINS

Total Alufoil deliveries stay positive at Q3 despite weaker demand

Overall Year To Date (YTD) deliveries from Europe’s aluminium foil manufacturers stayed ahead of comparative figures for 2012, despite a weakening in demand through the summer. At 639,100 tonnes the totals are 0.8% higher than for the same 9 month period last year. Demand for thinner foils, used...

Court annuls anti-dumping duty on foil by Council Regulation (EC)
11 NOV 20132MINS

Court annuls anti-dumping duty on foil by Council Regulation (EC)

On 5th November 2013, the General Court of the European Union upheld the application of RUSAL Armenal ZAO (“Armenal”), a foil-producing subsidiary of UC RUSAL located in Armenia, for annulment of a Council regulation that had imposed an anti-dumping duty on imports of aluminium foil by Armenal into...

Sapa will close Belgian aluminium tubing plant
11 NOV 20132MINS

Sapa will close Belgian aluminium tubing plant

Downstream aluminium producer Sapa Group will close its aluminium tubing plant in Seneffe, Belgium, after evaluating a number of restructuring options, the company said on Thursday November 7. “After careful consideration, Sapa Precision Tubing has today started consultations with employees [...]...

Aluminium industry fundamentally hit by EU regulatory costs: EC
10 NOV 20133MINS

Aluminium industry fundamentally hit by EU regulatory costs: EC

Cost pressure of EU policies and regulations has put the European aluminium industry at a competitive disadvantage to its global rivals. This is the key finding of a study undertaken for the European Commission in the framework of its Fitness Check on the aluminium sector that is published today....

Greece's PPC threatens to ditch top client Aluminium SA in price row
10 NOV 20132MINS

Greece's PPC threatens to ditch top client Aluminium SA in price row

Greece's dominant electricity producer PPC threatened on Thursday to ditch its biggest customer, Aluminium SA, upping the ante in a five-year row between the two firms over power supply prices. The dispute, which threatens to disrupt production at Aluminium, southeast Europe's biggest aluminum...

EU launches 14 recycling research projects
07 NOV 20131MINS

EU launches 14 recycling research projects

The European Commission has approved funding of €40m (£34m) for 14 new research projects to improve resource efficiency in the EU economy. The projects include reusing discarded automobile tyres, recovering key elements from batteries, producing green fertiliser from animal waste and generating...

Europe needs 600,000 tpy of new recycling capacity by 2020 – Norsk Hydro
06 NOV 20132MINS

Europe needs 600,000 tpy of new recycling capacity by 2020 – Norsk Hydro

Europe needs to add 600,000 tpy of aluminium recycling capacity by 2020, Norsk Hydro head of recycling Roland Scharf-Bergmann said. Speaking at Metal Bulletin’s 21st recycled aluminium conference in Dubai, he said that, as the level of primary aluminium production in Europe falls as a result of the...

BIR World Recycling Awards
06 NOV 20132MINS

BIR World Recycling Awards

“The world does not need scrap contracts,” proclaimed the London Metal Exchange’s former Chief Executive Officer Martin Abbott in his address to the latest BIR Non-Ferrous Metals Division meeting, held in Warsaw on 29 October 2013. Mr Abbott was in Warsaw to receive the BIR Certificate of Merit for...

Hertwich supplies ingot casting line to Aluminium Mostar
06 NOV 20131MINS

Hertwich supplies ingot casting line to Aluminium Mostar

Aluminium d.d. Mostar from Mostar, Bosnia and Herzegovina, has commissioned an ingot casting line supplied by Hertwich Engineering, Austria. In addition to electrolysis metal, the company can now remelt and cast clean process scrap on the new line, thus increasing the flexibility and production...

Novelis commissions expanded Latchford Recycling Plant
05 NOV 20132MINS

Novelis commissions expanded Latchford Recycling Plant

Novelis, the world leader in aluminium rolling and recycling, announced today the commissioning of its expanded recycling plant in Latchford, Warrington in the UK. With an investment of approximately € 13.6 million (£6 million), the plant’s capacity will increase by over a third and becomes...

SMARTDRESS welding system allows automatic aluminium welding for the automotive sector
05 NOV 20132MINS

SMARTDRESS welding system allows automatic aluminium welding for the automotive sector

European researchers have found a way make the automotive sector more eco-friendly, while at the same time cutting production costs. The EU-funded project SMARTDRESS ('Adaptive tip dress control for automated resistance spot welding') is developing a fully automated control system to improve...

Sapa completes sale of extrusion assets to SKA Invest
04 NOV 20131MINS

Sapa completes sale of extrusion assets to SKA Invest

Sapa has completed the divestment of its aluminium extrusion operations in Raufoss, Norway, and its affiliated fabrication plant in Vetlanda, Sweden, to SKA Invest AS. The sale agreement, signed on September 10 this year, has been formally approved by the European Commission and the competition...

Aluminium market to soar after 2014, economist says
04 NOV 20133MINS

Aluminium market to soar after 2014, economist says

Aluminium companies should use a slow 2014 to upgrade, expand and hire new staff to gear up for boom times in the following years, an economist has said. Next year will be “off” compared with 2013 as demand slackens from the middle of 2014 into the first quarter of 2015, Alan Beaulieu, president of...

Novelis employees across Europe volunteer more than 2,000 hrs in Oct
03 NOV 20132MINS

Novelis employees across Europe volunteer more than 2,000 hrs in Oct

Novelis, the world leader in aluminium rolling and recycling, announced today that it completed its second annual "One Novelis Volunteer Month." Throughout the month of October, more than 300 Novelis Europe employees in Germany, UK, France, Italy and Switzerland volunteered 2,000 hours as part of...