In July 2024, Russia reclaimed its position as the top aluminum supplier to South Korea, increasing exports by 48% compared to June, reaching 29.8 thousand tons, according to reports from *RIA Novosti*. This marked the highest volume since March and amounted to $78 million in shipments. Russia had previously been the leading supplier in March...
READ MOREAluminium prices in China are projected to trend higher in September, supported by favorable macroeconomic conditions and a decline in production, particularly in Yunnan province, according to analysts from the Shanghai Metals Market. Production growth is anticipated to slow, with an estimated year-on-year increase of just 1.4% to about 3.6 million metric tons for the...
READ MOREHydro has inaugurated a new aluminium recycling plant in Székesfehérvár, Hungary, designed to process 15,000 tonnes of post-consumer scrap annually. The facility, which is expected to scale up production over time, addresses the increasing demand for low-carbon, recycled aluminium, particularly from the automotive sector. Eivind Kallevik, Hydro’s President and CEO, highlighted the growing market for...
READ MOREThe XII International Congress and Exhibition “Non-Ferrous Metals and Minerals – 2024” opened in Krasnoyarsk on September 10, with experts from 11 countries gathering to discuss advancements in metallurgy technologies. One of the highlights of the event was a presentation by Victor Mann, Technical Director of Rusal, who outlined the company’s progress in using inert...
READ MOREViva ACP, Asia’s largest producer of metal composite panels, has introduced a new line of advanced Aluminium Composite Panels (ACP) designed to improve the safety and performance of bus bodies in India. These lightweight panels offer reduced vehicle weight, enhanced fuel efficiency, and better overall performance, while also meeting the new safety standards set by...
READ MOREBaoshan Iron & Steel (Baosteel), Baowu Aluminum, and Japan’s Kobelco have received approval from the European Commission to establish a joint venture focusing on the production of automotive aluminium sheets. The transaction, reviewed under the EU Merger Regulation, raised no competition concerns within the European Economic Area, as confirmed by the Commission’s simplified merger review...
READ MOREGlobal Zinc Production Continues to Decline Global zinc ore production fell by 3.4% in the first half of 2024 due to reduced demand from metallurgical plants, particularly in China. Zinc orders from galvanized steel plants and hot-dip galvanizing operations have also decreased, according to data from the Lead and Zinc Study Group. China’s zinc concentrate...
READ MOREDucab Metals Business (DMB), part of the Ducab Group, has announced the doubling of its aluminium production capacity from 55,000 to 110,000 tonnes per year. The company has also expanded its copper production capabilities, responding to rising global demand for its UAE-manufactured products. This expansion supports the UAE’s industrial growth plan, Operation 300bn, which aims...
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Kam Kiu Aluminium Products Group, a Hong Kong-registered Chinese company, has announced plans to build a high-quality aluminum production facility in My Thuan Industrial Park, located in Nam Dinh Province, Vietnam. The investment for the project is estimated at $100 million. The new plant will focus on producing aluminum components for the automotive, electronics, and...
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Alpha HPA has officially commenced the second stage of construction on what will become the world’s largest single-site ultra-high purity aluminium materials refinery. The new facility, located in Gladstone, Australia, represents a major milestone for the company, which specializes in producing sustainable, ultra-high purity aluminium products in commercial quantities. The project is backed by substantial...
READ MOREBase metals began September on a downbeat note, with prices slipping on Monday as the market adjusted expectations regarding aggressive policy easing in the U.S., while concerns about demand from China were heightened by recent manufacturing data. Three-month copper on the London Metal Exchange (LME) dipped by 0.4% to $9,199.50 per metric ton by 0411...
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USA-based Novelis has filed a patent application for innovative processes involving cast aluminum alloys that include calcium. The inventors behind this patent are Wagstaff Robert Bruce, Wagstaff Samuel Robert, Sundaram Kumar, Morais Carlos R, and Barker Simon William. The patent application, filed on June 23, 2023, is designated under the application number 202317042062 A. The...
READ MOREEmirates Global Aluminium Expands into U.S. Secondary Aluminum Market Emirates Global Aluminium has announced plans to acquire an 80% stake in Spectro Alloys, a leading U.S. secondary aluminum producer with a capacity of approximately 110,000 tons of ingots. This acquisition will bolster Emirates Global Aluminium’s presence in the growing U.S. secondary aluminum market, which saw...
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Australia’s South32 is expecting elevated alumina prices in the second half of the year due to supply-side risks, including heavy seasonal rains in Guinea that are affecting shipments, CEO Graham Kerr announced on Thursday. In addition to the alumina market outlook, Kerr noted that South32 anticipates a recovery in aluminium prices, driven by a weakening...
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Russian aluminium giant Rusal reported a 41.6% increase in its adjusted net profit for the first half of 2024, driven by increased production and record shipments to China. Despite facing pressure from the fallout of Western sanctions against Russia, Rusal managed to boost its output and navigate the challenging global environment. For the first six...
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Global alumina production saw a slight increase of 0.9% in July, rising to 12.16 million tons from 12.05 million tons in June, according to the latest data from the International Aluminium Institute. However, this figure represents a marginal 0.1% decrease compared to the same period last year, when production stood at 12.17 million tons. Despite...
READ MOREUAC, a global leader in manufacturing structural components for the aerospace industry, has successfully commissioned a new aluminium billet casting line at its Satu Mare plant in Romania. This new facility enhances UAC’s capacity to produce aerospace-grade alloys, serving customers across Europe and globally. The investment is poised to expand UAC’s product offerings and solidify...
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China’s aluminium extrusion exports experienced a significant drop in July 2024, according to the latest data from China Customs. The exports totaled 90,300 tonnes, marking a steep 74.8% decline from June but showing a slight 0.83% increase compared to July 2023. In June, China’s aluminium extrusion exports, covering HS codes 76041010, 76041090, 76042100, 76042910, and...
READ MOREVedanta, the Indian multinational mining giant, has announced plans to develop two new industrial parks focused on aluminium and silver-zinc production. The news was shared by Vedanta’s chairman, Anil Agarwal, on LinkedIn on August 28, where he hinted at future projects for similar parks in the oil & gas and iron & steel sectors. In...
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A global aluminium producer has proposed raising the premium for October-December primary metal shipments to Japan to $185 per metric ton, reflecting an 8% increase from the previous quarter’s premium of $172 per ton. This offer, made on Tuesday, highlights the tightening supply of aluminium in Asia as some shipments are being redirected to Europe...
READ MOREEstonian real estate developer Reterra and International Aluminium Casting (IAC) have completed an expansion of IAC’s aluminum plant on Vaksali Street in Tartu. The expansion has effectively doubled the plant’s size from 4,500 to 9,000 square meters, leading to a nearly 25% increase in the number of employees at the Tartu facility. Dan Nilsson, CEO...
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Canada is planning to introduce significant tariffs on imports from China, including a 100% duty on electric vehicles and a 25% duty on Chinese-made aluminum and steel, according to sources familiar with the matter. This move aligns Canada with similar actions taken recently by the European Union and the United States. The decision follows recent...
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The Guangyuan Economic Development Zone’s management council has finalized an investment agreement with Deyang Tianhe Machinery Manufacturing for a new production facility focused on aluminium alloy auto parts. This new project aims to produce lightweight car components with an annual capacity of 30,000 tonnes and represents an investment of RMB 1 billion. Once fully operational,...
READ MOREAustria-based aluminium supplier Hammerer Aluminium Industries (HAI) has officially inaugurated its new P61 extrusion press line and logistics centre at its Ranshofen headquarters. The event, which attracted figures from both local government and business sectors, marked the successful conclusion of a significant €125 million investment initiative that HAI began in 2022. The new P61 press...
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