Asia

Aluminium Industry Organization Says Trump Administration Metals Sanctions Won’t Slow Iran’s Exports To Neighbors

Aluminium Industry Organization Says Trump Administration Metals Sanctions Won’t Slow Iran’s Exports To Neighbors

Sanctions laid upon Iran’s aluminium and steel sector will not interrupt exports from the country’s producers to its neighbors. Such was the message conveyed by the secretary of the Iran Aluminum Industries Syndicate Abolfazl Rezaiee to domestic media on Sunday. “Afghanistan, Turkey...

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Events

Nalco To Find Haven In Value-Added Products As Aluminium Prices Level Off

Nalco To Find Haven In Value-Added Products As Aluminium Prices Level Off

Thanks in part to rising production costs and shrinking prices at the LME, Indian aluminium manufacturers are working towards increasing value-added offerings to their product line ups. Though sanctions boosted raw aluminium prices to multi-year highs a year ago, prices have since fallen back to Earth after the sanctions were lifted in January. Additionally, the […]

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Alba’s Line 6 Reaches Halfway Point In Start-Up Process

Alba’s Line 6 Reaches Halfway Point In Start-Up Process

Aluminium Bahrain B.S.C. reached the halfway point on start-up at its new Line 6 after successfully bringing another 106 pots online last week, bringing the total number of operational pots to 212. Alba held an event on Tuesday to mark the occasion, which was attended by officials from both Alba and construction contractor Bechtel. “We […]

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Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

Aluminium Bahrain B.S.C. released results for the year’s opening quarter earlier this week. Lower LME prices teamed up with higher alumina prices to squeeze the firm’s bottom line over the year’s first three months. In the year’s first quarter Alba reported a net loss of BD 15.8 million (US$42 million), reversing a net profit of […]

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Nalco Appeals Order To Allow Vedanta To Purchase Alumina To India’s Supreme Court

Nalco Appeals Order To Allow Vedanta To Purchase Alumina To India’s Supreme Court

India’s state-run aluminium producer National Aluminium Company Limited (Nalco) has appealed an order by the Odisha High Court ordering it to allow privately-held metals firm Vedanta Ltd. from attempting to purchase surplus aluminium from it. Nalco formally registered its appeal to the Supreme Court late last week, asking the judicial body to require London-based Vedanta […]

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