Goran Djukanovic

Why aluminium prices still have potential to grow

Why aluminium prices still have potential to grow

Aluminium has been the top-performing base metal this year, prices climbing 25 % so far, largely due to China’s determination to shutter illegal smelters, and cut production of aluminium and alumina by 30% in four provinces around Beijing during the winter, to...

Events

Aluminium-Lithium Alloys Fight Back

When it comes to the aviation industry, new technologies and manufacturing techniques have been mounting a silent revolution in the latest generation of commercial twin-aisle aircraft: the Boeing 787 Dreamliner and Airbus A350. Both these aircraft contain around 50% of CFRP composites, as opposed to their previous iterations where aluminium alloys had dominated. This explains […]

Better Times Ahead For the Aluminium Industry

Even if it was obvious that aluminium prices will rise in the second half of the year, there were no signs that this would occur in August. The month started with aluminium on the backfoot, as prices shortly dipped below US$ 1890/t, before breaching the US$ 2000/t mark for the first time since December 2014. […]

Are Aluminium-Scandium Alloys the Future?

It is well known that small quantities of scandium, a rare earth metal, added to aluminium alloys significantly improve the tensile strength and physical properties of the finished product. Aluminium –scandium alloys (Al-Sc alloys) were discovered and patented in 1971 in USA and have been used in recent years in sports equipment (such as baseball […]

Awaiting US Tariffs on Aluminium Imports

US tariffs for imported aluminium are looming and seem increasingly unavoidable, as China continues its record levels of production. The latest figures coming out of China on aluminium production and exports are discouraging for those who expected China would start decreasing production, if not to tackle air pollution then at least to show good will […]

Don’t Doubt China’s Determination to End Air Pollution

The LME aluminium price fell in June to its lowest level since mid-March as the market reacted to rising supplies and exports from China, as well as to lower output costs and higher inventories. The price decline (which this author predicted in a previous market analysis) came after speculative net long positions in aluminium were […]