Trump Administration Levies New Round Of Sanctions On Iranian Aluminium
In an attempt at denying the specialized metals Iran’s nuclear ballistic missile and military programs, the Trump Administration imposed greater...
Asia
Iran’s Output Of Aluminium Ingot Jumps 49 Percent In Four Months Through Late June
Iranian producers just ended a four-month period that witnessed a rise in aluminium ingot of 49 percent on the year according to just-released numbers from the Industry, Mining and Trade Ministry. From March 20 through June 20, Iranian producers smelted 63 percent...
Alba Sees 25 Percent Rise In Sales Volumes In Q2
Aluminium Bahrain B.S.C. (Alba) released financial and production results for the year’s second quarter and first half on Sunday. The...
EGA’s Al Taweelah Alumina Refinery Reaches Full Production Of 2 MTPA
Emirates Global Aluminium PJSC (EGA) announced last week the full ramp-up of its alumina refinery at Al Taweelah to 2...
Events
Iranian Aluminium Production Up By 63 Percent From Last Spring
Iranian aluminium producers teamed up to produce over 101 thousand metric tons of primary aluminium in the three months ending on June 20, good for an increase of almost two-thirds on the year. For the last month of the quarter Iran’s output of aluminium came to 36,025 metric tons, up by 73 percent on the […]
Japan Aluminium Third Quarter Premiums Dip By 3.7 Percent Thanks To Weak Demand
A trio of sources who spoke to Reuters said that Japanese buyers are settling on premiums of around US$79 per metric ton for aluminium shipments for the third quarter, which represents a drop of 3.7 percent over premiums paid for shipments during the second quarter of this year. Per the sources, coronavirus bears the guilt […]
Hindalco To Increase Exports Of Aluminium To Offset Drop In Domestic Demand
Indian aluminium smelter Hindalco said last week it plans to increase overseas sales of its output in the coming year to almost two-thirds, raising it from last year’s half-and-half split between domestic and foreign sales. According to statements made by managing director Satish Pai, the move is the result of a significant downturn in domestic […]
India Steel Minister Pushes For Quick Completion Of Angul Aluminium Park
India’s steel minister Dharmedra Pradhan went on record Saturday in full support of a speedy completion to Angul Aluminium Park after a meeting between the project’s partners National Aluminium Company (NALCO) and the Odisha Industrial Infrastructure Development Corporation. Also present was chairman-cum-managing director of Nalco Sridhar Patra, and IDCO CMD Sanjay Singh, among others. “The […]
Iran Aluminium Production Tops 275 Thousand Metric Tons Of Aluminium Production Over Past Year
Iranian primary aluminium production skyrocketed this spring, jumping by almost 20 thousand tons on the year to 60,677 metric tons across the months of mid-March through mid-May Per domestic media, in the month ending on May 19, Persian smelters turned out 30,647 metric tons, good for a year-on-year increase of almost 20,000 metric tons. For […]
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 ...
