US aluminium products producer Novelis, a subsidiary of India’s Hindalco Industries (Aditya Birla Group), has commissioned Italian equipment supplier Danieli to build a flat-rolled sheet production facility at its Bay Minette plant, currently under construction in Alabama. The facility will have an annual capacity of 1 million tonnes, focusing on aluminium scrap recycling and aluminium...
READ MOREThe premium for aluminium shipments to Japanese buyers for the October to December period has been set at $175 per metric ton, reflecting a 1.7% increase from the previous quarter, according to four individuals directly involved in pricing talks. This rise aligns with higher premiums seen in Europe. The new figure surpasses the $172 per...
READ MORERusal’s aluminium exports fell by 4% year-on-year to 2.19 million tonnes in the first nine months of 2024, according to company data reviewed by Interfax. During the same period, the total volume of aluminium transported by Rusal, including domestic shipments, decreased by 1% to 2.69 million tonnes, based on information from Russian Railways. Notably, aluminium...
READ MORENorwegian aluminium producer Norsk Hydro has completed a capacity expansion project at its Cressona smelter in Pennsylvania, USA, with an investment of approximately NOK 1 billion ($94 million). The expansion includes the installation of a new extrusion press with a force of 3,000 tonnes, enabling the production of aluminium profiles up to 12 inches (305...
READ MOREIran produced 264,617 tonnes of aluminium ingots in the first five months of the current Iranian calendar year (March 20-August 21), according to data released by the Iranian Mines and Mining Industries Development and Reconstruction Organization (IMIDRO). This marks a slight increase of 1% compared to the same period last year. The production increase was...
READ MORERusal, controlled by sanctioned Russian aluminium tycoon Oleg Deripaska, plans to start construction of the second stage of the Boguchansk aluminium smelter in 2025, according to Renaissance Capital. This expansion will double the smelter’s production capacity to 596,000 tonnes per year, with the start-up complexes being commissioned in stages until 2030. The total investment in...
READ MOREThe U.S. Department of Commerce has finalized its decision in an anti-dumping investigation regarding aluminium extruded profiles and related products imported from 14 countries. These countries include China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Thailand, Taiwan, Turkey, the UAE, and Vietnam. The investigation has resulted in anti-dumping duties ranging from 2.02% to...
READ MOREVedanta announced that its aluminium production for the July-September period totaled 609,000 tonnes, marking a 3% increase compared to the same period last year. The company’s total aluminium production in the first half of the current financial year reached 1.21 million tonnes, also reflecting a 3% year-on-year growth. During the September quarter, alumina production from...
READ MOREStarting October 8, the Moscow Exchange will begin trading new futures contracts for copper, aluminium, nickel, and zinc. These contracts will have a quarterly circulation term, aligning copper and nickel futures with the existing quarterly terms for aluminium and zinc, which previously had one-month terms. The new contracts will feature lots that are 10 times...
READ MOREXinjiang Technology officially launched its Phase II aluminium and titanium alloy production project on September 5. The project, located in Haimen District, builds on the company’s Phase I success in magnesium alloy production and represents a significant provincial industrial initiative in collaboration with China Aerospace Equipment. The total investment in the new titanium alloy project...
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