GFG Optimistic On San Ciprian’s Future, Alcoa Not So Much As Deadline Nears
The GFG Alliance and Alcoa are continuing talks over the fate of their aluminium smelter in San Ciprian, Spain, and...
S and P Global Platts
Novelis May Increase Aluminium Can Sheet Production Should The Demand Arise
Although a shift in production to it is possible, an official from Atlanta’s rolled aluminium firm Novelis said this week that it was not planning to add new aluminium can production capacity in the near future. Senior vice president Roxana Molina spoke...
United States Scrap Aluminium Recovery Falls In May
Recycled aluminium collected from secondary producers in the United States saw a steep decline in May, recovering 19 percent less...
Aluminium Sector Achieving Zero Emissions A “Big Task”: IAI Secretary General
Though the industry has made significant progress toward it, the goal of net-zero emissions will continue to be “challenging” for...
Events
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 comments before a Senate hearing on Wednesday, the U.S. Trade Representative Robert Lighthizer […]
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 warrants to traders seeking a source of primary aluminium derived principally from hydroelectricity or other renewable resources. “Our plans include…working with the market to investigate a standalone spot trading platform for the exchange of aluminium […]
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 ton above London Metal Exchange cash price earlier this week according to industry sources who spoke to metals media. Per S&P Global, the anonymous source said the deal was for over 500 metric tons per […]
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 S&P Global in the just-released Sustainability Yearbook 2020. S&P Global utilizes SAM Corporate Sustainability Assessment to determine its yearly rankings, which is a metric used by other such indices, including Dow Jones Sustainability Indices (DJSI). […]
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 […]
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 ...
