European Aluminium Urges Regulators To Act Decisively Against Chinese Importers
Trade group European Aluminium Association said this week that the European government intends on imposing import duties on aluminium shipped...
Europe
Gränges Issues Updated Prospectus For Planned Sustainable Medium Term Note Issuance
Swedish rolled aluminium firm Gränges AB released an updated prospectus for its medium-term note (MTN) and a combined Green and Sustainability-Linked Finance Framework this week. The aim of the new prospectus and report is to provide potential investors with an independent third-party...
Norsk Hydro To Boost Aluminium Recycling Capacity By Half At Sjunnen
Norwegian aluminium firm Norsk Hydro ASA announced this week plans to invest €11.3 million to increase the aluminium recycling capability...
Turkish Aluminium Wheel Maker Cevher Jant Sanayii Joins ASI
Trade group Aluminium Stewardship Initiative announced the addition of Turkish aluminium casting firm Cevher Jant Sanayii A.S. With this addition,...
Events
LME To Return To Ring Trading Next Month, But With Changes
The majority of London Metal Exchange (LME) members expect to go back to the trading floor upon reopening next month, but some say the volume may be smaller due to the new hybrid system to be put in place. The LME’s trading floor was closed for the first time since the Second World War last […]
High Power Prices Tank First Half Financial Results For Alro Slatina
Despite increased sales over the period, Romanian aluminium company Alro SA (Alro Slatina) posted steep drop in profits for the first quarter of 2021 as reflected in the financial results released earlier this week. The aluminium smelter showed consolidated sales for the first half of US$365.6 million, an increase of 13 percent on the year. […]
En+ Teams Up With V&A Design Museum On Sustainable Aluminium Art Exhibit
Russian aluminium giant UC Rusal’s parent company En+ Group is teaming up with major art and design museum the V&A to produce an immersive design pavilion featuring aluminium for the London Design Festival. The exhibit, dubbed “Between Forests and Skies,” is made from Rusal’s low-carbon aluminium product produced using its proprietary inert anode technology. The […]
Constellium Sees 47 Percent Jump In Revenue In Q2
European value-added aluminium firm Constellium NV announced financial and operating results for the second quarter and first half of 2021 on Wednesday. The firm turned in improvements across the board for both periods. In the year’s second quarter, Constellium saw shipments rise by over 30 percent on the year to 406 thousand metric tons. Revenue […]
Norsk Hydro Roars Back With Strong Q2 2021 Earnings
Norwegian aluminium firm Norsk Hydro ASA released results for the second quarter of 2021 yesterday. Numbers for the quarter generally reflected the improved market for aluminium, with financial markers exceeding both the prior quarter and the prior year. In the year’s second quarter Hydro reported revenues of NOK34,559 million, better slightly on the quarter and […]
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 ...
