China’s Economy Continues Strong Recovery In October, Boosting Aluminium Production
China’s economy continued to storm back from the depths in October, as factory outputs raced to meet rising retail sales...
Business
Constellium’s Bowling Green Rolled Aluminium Plant Recognized As Environmental Steward By TVA
Amsterdam rolled and extruded aluminium leader Constellium N.V. said yesterday its plant in Bowling Green, Kentucky, has been named an “exemplary environmental steward” by the Tennessee Valley Authority (TVA). The plant, which supplies the growing automotive market in North America, boasts a...
Jamaica’s PM Fights Back Against Allegations That Permit For Bauxite Mine At St. Ann Was Motivated By Money
Jamaica’s Prime Minister Andrew Holness said last week that money played no part in his government’s issuance of a license...
Aluminum Association Lauds USITC Decision On Dumping Of Aluminium Foil From Five Countries
The Aluminum Association applauded a move by the U.S. International Trade Commission (USITC) last week to unanimously determine that some...
Events
Iran’s Aluminium Ingot Output Up By 69 Percent Over Last Seven Months
Aluminium output by producers in Iran has risen significantly since the beginning of the Iranian year, with more expected as newly constructed capacity comes online in the coming months. Since the beginning of the Iranian year on March 20, producers have churned out 247,335 tons of aluminium ingot, up by 69 percent on the year. […]
Novelis May Increase Aluminium Can Sheet Production Should The Demand Arise
Although a shift in production to it is possible, an official from Atlanta’s rolled aluminium firm Novelis said this week that it was not planning to add new aluminium can production capacity in the near future. Senior vice president Roxana Molina spoke to S&P Global Platts on Monday, telling them that they would alter their […]
Chalco To Open Second Line At Huasheng Alumina Refinery
According to a market source claiming knowledge of the matter, Aluminum Corp of China (Chalco) is planning to start a second production line at its Huasheng alumina refinery. Fastmarkets reported on Monday that the refinery at Fangchenggang Port in Guangxi would soon open the new line, which would add another one million metric tons per […]
Arconic Sees Sales Jump By 19 Percent In Third Quarter
Pittsburgh value-added firm Arconic Corporation released results for the third quarter of 2020 last week. Though numbers were down from last year’s totals, the firm gained ground on the second quarter’s totals. In the year’s third quarter Arconic’s sales totaled US$1.4 billion, an increase of 19 percent on the quarter but off by 22 percent […]
Novelis Records Record Production, Financial Results In July To September Quarter
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial results for the first quarter of fiscal year 2021 on Monday. Despite a very difficult global market, the firm managed several record financial highs. During the three months ending September 30 the firm reported a net income from continuing operations of US$144 million, which is […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
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 ...
