To Cut Or Not To Cut: Chinese Aluminium Smelters Face Growing Dilemma
According to latest figures provided by Aladdiny, Chinese aluminium smelters have axed up to 340,000 tonnes in annual production due...
Market Selection
DoC Initiates Investigation into Aluminium Sheet from 18 Countries
With aluminium prices at multi-year lows, a petition signed by the US Aluminium Association and a number of industry players such as Aleris, Arconic, Constellium and Novelis was approved by the Department of Commerce on March 31st. They allege dumping margins raging...
Vedanta Plans Capacity Increase To 1.8 Million MTPA At Lanjigarh Alumina Refinery In Coming Fiscal Year
Indian aluminium producer Vedanta said last week it expects to ramp up production at its Lanjigarh alumina refinery by 300...
Ball Corporation To Purchase Brazil’s Aluminium Aerosol Firm Tubex For US$80 Million
Last week Colorado’s Ball Corporation entered into an agreement to purchase Brazilian aluminium aerosol firm Tubex Industria E Comercio de...
Events
Weak Fourth Quarter Drags Rusal’s 2019 Financials Down As Greater Impact From Coronavirus Looms Ahead
Russian Federation aluminium giant U.C. Rusal released financial results for 2019 this week, reporting a sharp increase in net losses during the year’s final quarter. The firm predicted the recent coronavirus outbreak is likely to make a significant impact upon the global aluminium market in the current year’s opening half. Rusal reported an adjusted net […]
Japan’s First Second Quarter Aluminium Premiums Deal Lower By 22 Percent From 2019
Japan saw the first significant aluminium delivery deal for the second quarter of this year settle at US$82 per metric ton above London Metal Exchange cash price earlier this week according to industry sources who spoke to metals media. Per S&P Global, the anonymous source said the deal was for over 500 metric tons per […]
Construction At Altech’s Johor High-Purity Alumina Plant Progressing One Month Ahead Of Schedule
Australian innovator Altech Chemicals Ltd. updated investors regarding progress on construction at its high-purity alumina (HPA) production site in Johor, Malaysia earlier this week, noting that the process continues to be well ahead of schedule. Per the firm, the entirety of significant structural work is now complete, with construction of the electrical station at the […]
Arbitrator Compels Sale Of Aleris’s Lewisport Plant For DOJ Approval Of Novelis Buy-Out
The arbiter assigned to the dispute between the United States Department of Justice and Atlanta’s rolled and recycled aluminium firm Novelis Inc. determined Aleris must sell its plant in Lewisport, Kentucky to satisfy the department’s antitrust concerns in relation to Novelis’ buy-out. Earlier this week the arbitrator found that aluminium and steel are not of […]
EGA Extends Alumina Deal With Vinacomin Through 2023
Emirates Global Aluminium PJSC (EGA) announced yesterday the signing of a new three-year deal with Vietnam’s Vinacomin for the supply of alumina to EGA’s smelters. The new agreement extends a contract between the two firms that was initially begun toward the end of 2017 and was slated to expire at year’s end. EGA will continue […]
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 ...
