AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
Germany’s aluminium scrap exports rebound 4.58% in H1 2026: Which countries are buying the most?
Germany’s aluminium scrap trade showed signs of recovery in the first half of 2026, with exports to the world reaching 616,000 tonnes, up 4.58 per cent from 589,000 tonnes in H1 2025. The increase was even more pronounced against the second half of 2025, with H1 2026 shipments rising 7.50 per cent...
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Commodity warehouse ownership rules need rethink -report
Conflicts of interest over ownership of commodity warehouses can inflate prices of raw materials such as aluminium, a report by two Brussels think-tanks said on Tuesday. It is likely to add to market pressure to reform the London Metal Exchange's (LME) storage system, in which companies such as...
Japanese company's links with Queen's University pays off
A Japanese firm with a base in Co Antrim has slashed costs thanks to a three-year link-up with Queen's University. Ryobi Aluminium Casting manufactures aluminium die cast products for the European automotive market. The company used around £460,000 of support from Invest NI to collaborate with the...
The German aluminium packaging market
The optimism that still prevailed among suppliers of aluminium packaging at the end of the first quarter has all but evaporated in favour of disillusionment. Beverage can producers in particular are dissatisfied with the second quarter. Producers of tubes and aerosols are a little more conciliatory...
Montenegro launches bankruptcy proceedings at smelter
A Montenegrin court has launched bankruptcy proceedings at the country's single biggest industrial employer, indebted aluminium plant Kombinat Aluminijuma Podgorica (KAP), a court official said on Monday. Proceedings were set in motion over a 24-million euro ($30.8 million) debt to Deutsche Bank,...
Alcoa Facing ‘Hard Decisions’ on Aluminum Plants
Bob Wilt’s first job at Alcoa Inc. (AA) was in 1999 at a plant in the Tennessee town named after the company. In 2012, as head of the aluminum producer’s U.S. smelters, he oversaw the plant’s demolition. As the new president of Alcoa’s global primary products business, the Gulf War veteran will now...
Montenegro seeks financing solution for the country's loss-making aluminum factory
The state of Montenegro is seeking a financing solution for the country's loss-making aluminum foundry to bail Kombinat Aluminijuma Podgorica out of heavy debts, the Finance Ministry of Montenegro said. This could benefit Hungary's OTP Bank which, together with Russia's VTB Bank, has EUR 102...
Constellium receives “buy” rating from Goldman Sachs analysts
Equities researchers at Goldman Sachs initiated coverage on shares of Constellium in a research report issued on Tuesday. The firm set a “buy” rating and a $21.00 price target on the stock. Goldman Sachs’ price target indicates a potential upside of 32.41% from the company’s current price. The...
Faurecia opens aluminum components plant in Poland
Faurecia Group officially opened its new plant in Legnica (Poland) for the production of aluminum trim parts on July 2. The new 13,000 square meter plant will ultimately have almost 300 employees helping to produce aluminum trim parts for vehicle interiors (instrument panels, center consoles, door...
European Commission ends probe on Chinese aluminum foil export
The European Commission (EC) has terminated its investigation into the possible circumvention of anti-dumping measures on imports of certain aluminum foil originating in China, the EC said Wednesday. Last October, the EC announced it had launched the investigation following a request lodged by EU...
Brady wins contract with Rusal
Rusal has contracted Brady Corporation, the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets, to manage its hedging book and risk management requirements for its aluminium sales. Rusal's requirement was to source a solution...
Montenegro seeks funds to meet aluminium smelter's debts
Montenegro is in talks with unspecified lenders to secure funds to pay two banks owed 102 million euros ($132.96 million) by the country's loss-making aluminium smelter, the finance ministry said on Tuesday. Montenegro had guaranteed the debts of the Kombinat Aluminijuma Podgorica smelter and the...
Oetinger aluminum smelter files for bankruptcy
The aluminum smelter Oetinger, one of the largest buyers of aluminum scrap, has filed for insolvency at the district court in Neu-Ulm on Tuesday. Frank Kebekus of the Düsseldorf law firm Kebekus et Zimmermann has been appointed as the preliminary insolvency administrator. The company ran into...
Vimetco N.V. releases AGM statement and result
Vimetco N.V., the global producer of primary and processed aluminium products, held its Annual General Meeting at the World Trade Center, Strawinskylaan 1643, Tower C, Level 16, 1077 XX Amsterdam, The Netherlands, on 21 June 2013, where all proposed resolutions were duly passed. The Agenda of the...
Montenegrin government revises 2013 budget to cover KAP debt
The Montenegrin government said it has adopted a bill revising the country’s 2013 budget to cover 61 million euro ($79.5 million) in unpaid power bills of local aluminium smelter the Kombinat Aluminijuma Podgorica (KAP) aluminium smelter to Elektropirvreda Crne Gore (EPCG) electro power producer...
Alcoa permanently closes Italian aluminium smelter
US-based aluminium major Alcoa on Friday announced it would permanently close its Fusina primary aluminium smelter, in Venice, Italy, where production had been curtailed since June 2010. The company said the planned closure would reduce its global smelting capacity of 4.2-million metric tons a...
Quintiq software enhances Constellium’s inter-plant supply chain planning
Constellium has enjoyed great success using Quintiq’s platform to optimize its melt/cast and hot rolling operations for over a decade, and now intend to use it to improve key performance indicators in delivery performance and inventory reduction between plants in Valais and Issoire. The extended...
Norsk Hydro offers new edge in precision cutting of body sheet
The new facility was inaugurated by Hydro together with the local operator, Alu-Laser-Service (ALS), and its supplier Schuler. Adding a capacity of up to 20,000 metric tons per year, the new facility boosts the Hydro site at Dormagen into a most modern cut-to-size center for automotive strip and...
Analysts expect Hindalco to rally past INR 100 mark
Shares of Hindalco Industries moved higher in choppy trade as sentiment turned bullish in the counter after its subsidiary Novelis hiked price of painted aluminium sheet products in Europe. According to reports, the fabrication price will increase by 100 euro per ton for painted products and...
