Russian Automaker AvtoVAZ Searching for Long-Term Replacement for Aluminium from Sanction-Laden Rusal
Russian Federation automotive manufacturer AvtoVAZ said late last week that, though it is remaining a customer with sanction-crippled Rusal, it...
russia sanctions aluminium
Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak
The Russian Federation government is in the process of finding new and effective ways of boosting its country’s native aluminium industry. So said one of the state’s top officials in the course of comments made to the press last weekend. Russian Deputy...
Bowing to U.S. Sanctions, Deripaska Relinquishes Rusal’s Reins
In a move aimed at encouraging the Trump administration to ease sanctions on the firm, Russian businessman Oleg Deripaska has...
Aluminium Market in Throes of Worst Turmoil Since 1990s Thanks to Trump Administration: Novelis Chief Palmieri
The tariffs and sanctions issued upon the aluminium industry by the Trump administration has caused more discord and upheaval than...
Events
Ireland Government Discussing Aughinish Refinery with “Highest Levels” of U.S. Government
The government of the Republic of Ireland continues to seek solutions with the Trump administration for Aughinish Alumina, relaying to its citizens that the sensitive state of affairs is currently being “discussed at the highest levels of our two governments.” Such was the message given by the United States’ acting ambassador to Ireland, Chargé d’affaires […]
Situation At Aughinish Alumina “Critical”: Irish Business Minister Humphreys
Ireland’s Minister for Business, Enterprise and Innovation Heather Humphreys characterized the tenuous situation at Aughinish Alumina as “critical” while in Washington, D.C. to meet with various officials of the Trump administration in an effort at resolving the situation between it and Aughinish’s parent company Rusal. Though she praised the decision made late last month to […]
Rusal Crisis Teases Out Alumina Exports of Up To 500k Tonnes from China
Due to sanctions placed by the United States government upon Rusal and the resulting scarcity of it, alumina refiners in the People’s Republic of China have begun shipments of the material to overseas buyers in loads of up to 500 thousand metric tons. According to sources who spoke to Reuters, Aluminum Corp of China (Chalco) […]
World’s Biggest Beer Company Holds Out Hope for Relief from Trump Aluminium Tariffs
The world’s largest beer brewer told shareholders earlier this week that there is still hope for exemptions and other aids from the United States government for companies that depend upon imported aluminium. In comments made at a meeting of the firm’s shareholders on Wednesday, Anheuser-Busch InBev SA/NV (AB InBev) CEO Carlos Brito voiced his opinion […]
Mandatory Cuts at Alunorte Mar Norsk Hydro’s Positive Numbers in Q1
Though Norsk Hydro A.S.A. returned higher overall numbers for the first quarter, the mandated capacity cut at Alumina do Norte do Brasil S.A. (Alunorte) meant the firm will likely miss its cost-cutting target for the year. Hydro reported a first-quarter revenue total of NOK39.970 billion, a 74-percent improvement year-on-year. Earnings before financial items and tax […]
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 ...
