LME To Debut Trading Platform For Low-Carbon Aluminium In Coming Months
The London Metal Exchange announced late last week its plans to establishing a trading platform that will offer low-carbon aluminium...
S and P Global Platts
Debate Over Reinstatement Of Section 232 Tariffs On Canadian Aluminium Heats Up As Implementation Of USMCA Approaches
The debate raged last week among aluminium industry movers and shakers regarding the propriety of reinstating Section 232 tariffs on imported aluminium into the United States after the final implementation of the United States-Mexico-Canada Agreement at the beginning of next month. In...
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...
Alcoa Recognized As Aluminium Industry Sustainability Leader By S&P Global
Pittsburgh aluminium pioneer Alcoa Corporation announced earlier this week that it has been named the aluminium industry’s top performer by...
Events
Rio Tinto Declares Force Majeure On Canadian Aluminium Deliveries Due To Rail Strike
A week-long rail strike in Canada prompted world’s biggest mining firm Rio Tinto Group to declare force majeure on all aluminium shipments originating from the dominion. Though the strike crippled the Canadian National Railway system, the Teamsters union came to a working agreement with CN to stop the strike and allow normal rail service to […]
Raw Material Problems Prompt Shutdown Of One Potline At Rio Tinto’s Iceland Aluminium Smelter
One of three potlines at Rio Tinto Group’s aluminium smelter at Hafnarfjörður has been idled due to a dearth of raw materials. Such was the announcement made to industry media on Tuesday. “Operations at the ISAL smelter have been impacted recently due to irregularities in raw material inputs,” revealed Rio Tinto media representative Matthew Klar […]
Sources Say China’s Ban On Imported Scrap Aluminium Likely To Gut Alloy Exports
A restriction upon imported aluminium scrap that is scheduled to go into effect next month is expected to raise production costs for secondary aluminium smelters in the People’s Republic of China, which experts say may close the price gap between Chinese aluminium alloy exports and their less competitive rivals abroad. As of July 1, Beijing […]
Molson Coors Calls Upon U.S. Regulators To Investigate Midwest Premium
One of the world’s top beer brewers is appealing to the United States government to investigate the method for establishing benchmark prices for aluminium in the Midwest, noting that premiums determined by S&P Global Platts have doubled since 2017. In an interview with Bloomberg, Molson Coors Chairman Pete Coors called upon Federal regulators to look […]
Aluminum Association Says Exclusion Process For Section 232 Aluminium Tariffs Failing Domestic Interests
A recent study of the effects of the Trump Administration’s Section 232 tariffs on aluminium and steel shows that the move has done vastly more harm than good for the domestic aluminium industry. An email penned by the senior director of public affairs at the Aluminum Association Matt Meenan to industry media detailed a study […]
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 ...
