Nalco Mulling Return To Long-Term Sales Contracts For Surplus Alumina
Citing a fall in global alumina prices, India’s state-run aluminium firm National Aluminium Company Ltd (Nalco) said late last week...
Business
Exclusions Of Imported Aluminium Can Sheet Hurts China’s Battle Against Oversupply: Aluminum Association
The Aluminum Association voiced its opposition late last week to exclusion requests under Section 301 for aluminium can sheet originating from the People’s Republic of China, reasoning that such requests will work against the Middle Kingdom’s oversupply problems. In its weekly report,...
GFG Alliance Inks Deal To Buy Duffel Aluminium From Novelis
Sanjeev Gupta’s GFG Alliance said yesterday it has agreed to buy Novelis’s Duffel BVBA aluminium plant in Belgium for an...
Apple Buys First Carbon-Free Aluminium From Alcoa-Rio Tinto Joint Venture Elysis
American technological company Apple Inc. announced earlier this week its inaugural purchase of carbon-free aluminium from Alcoa Corp and Rio...
Events
China Sets New Set Of Scrap Aluminium Import Quotas To 9,844 Metric Tons Through Year’s End
The government of the People’s Republic of China released a seventh set of quotas for 2019 for the import of scrap aluminium and other scrap metals earlier this week. According to Tuesday’s notice from the Ministry of Ecology and Environment’s China Solid Waste and Chemicals Management Bureau, importers may receive another 9,844 metric tons of […]
Alba Refinances US$1.5 Billion Loan Facility Funding Line 6 Expansion Project
Aluminium Bahrain B.S.C. announced yesterday the successful refinancing of a US$1.5 billion syndicated loan facility that the firm has been using to fund the Line 6 Expansion Project. Per the firm, the new terms of the facility give it an 8-year tenor with 16 semi-annual payments and a 6-month grace period for each payment. The […]
Trump Reinstates Aluminium And Steel Tariffs Against Argentina And Brazil Via Surprise Tweet
Citing currency weaknesses that he says are harming the American farmer, United States President Donald Trump announced on Monday the reimposition of import tariffs on aluminium and steel from producers in Brazil and Argentina. A surprise pre-dawn tweet by the head of the executive branch sent chaos through the ranks of trade officials from both […]
FYI Resources Nears Completion Of Feasibility Study Of High-Purity Alumina Plant
Australian resource firm FYI Resources Ltd. is nearing completion of a definitive feasibility study regarding construction of a high-purity alumina plant intended to capitalize upon increasing demand for the substance by manufacturers of lithium-ion batteries. FYI Resources has previously announced plans for the construction of a A$238-million HPA plant that will utilize the firm’s kaolin […]
Citic Dicastal Opens Second Moroccan Aluminium Alloy Wheel Plant In Kenitra
The People’s Republic of China’s aluminium alloy wheel producer Citic Dicastal commissioned a €350-million manufacturing plant in Northern Morocco last week. The plant’s opening was the second this year by Citic Dicastal in as many years in the North African country. The second product of a project entitled Citic Dicastal Africa, the 7.4-acre plant will […]
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
