The premium for aluminium shipments to Japanese buyers for the April–June quarter has been set at $182 per metric ton, a 20% drop from the $228 charged in the previous quarter, according to sources directly involved in the negotiations. This marks the first quarterly decline in premiums in five quarters and reflects ongoing sluggish demand...
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Vedanta, an Indian resources company, has named Rajiv Kumar as the new CEO of its Aluminium Business, effective March 26, 2025. He will also hold the title of Senior Management Personnel. Kumar, formerly with Tata Steel, brings over three decades of experience in the steel and mining sectors to his new role. Kumar’s appointment is...
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Major commodity traders Gunvor and Vitol are reportedly preparing to withdraw significant quantities of Russian-produced aluminium from London Metal Exchange (LME)-approved warehouses in Gwangyang, South Korea. These withdrawals come amid shifts in the global metals market following Russia’s invasion of Ukraine in 2022. After the invasion, “consumers turned away from the metal,” which resulted in...
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In 2024, the European Union experienced a significant trade imbalance in aluminium and related articles, importing €29.5 billion while exporting €18.4 billion, resulting in a trade deficit of €11.1 billion. Compared to 2019, aluminium imports increased by 29.9% (+€6.8 billion) and exports rose by 21.3% (+€3.2 billion). This surge in trade value occurred despite a...
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Global alumina production fell by 10.3% month-on-month to 11.54 million tonnes in February 2025, according to data from the International Aluminium Institute. However, compared to the same period last year, production saw a modest increase of 1.5%, rising from 11.37 million tonnes. Average daily global alumina output also dropped slightly to 412,100 tonnes in February...
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The Japan Bank for International Cooperation (JBIC) has signed a Memorandum of Understanding (MOU) with Alumínio Brasileiro S.A. (ALBRAS), Nippon Amazon Aluminium Co. (NAAC), MUFG Bank, and Nippon Export and Investment Insurance (NEXI). This agreement aims to strengthen the low-carbon aluminum supply chain between Brazil and Japan, highlighting the strategic importance of sustainable materials in...
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China has announced a comprehensive plan to bolster its aluminum industry, aiming to increase domestic bauxite reserves by 3–5% and boost recycled aluminum production to over 15 million metric tons annually by 2027. The implementation plan, released by the Ministry of Industry and Information Technology (MIIT) alongside nine other government departments, outlines a multi-faceted approach...
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Russia has retained its position as the leading supplier of aluminum to South Korea for the fifth consecutive month, a dominance not seen since 2012. In February 2025, South Korea imported 37,600 tons of raw aluminum from Russia, valued at $105.5 million This represents a year-over-year increase of nearly 40% in physical volume and 1.7...
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Hydro has announced plans to invest NOK 1.65 billion ($156 million) in constructing a new wire rod casthouse at its aluminium smelter in Karmøy, Norway. The facility, set to begin operations in early 2028, will produce 110,000 tonnes of aluminium wire annually for use in power cables critical to Europe’s energy infrastructure This marks Hydro’s...
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The European Commission has introduced countervailing duties on Moroccan aluminum wheel exports, citing subsidies that allegedly harm the European industry. Under Implementation Regulation No. 2025/500, issued on March 14, tariffs of 31.45% will apply to Dika Morocco Africa and 5.60% to Hands 8. This decision follows an investigation initiated in February 2024 after a complaint...
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Aluminium Deutschland has raised alarm over the potential consequences of the United States’ recent 25% tariff on aluminum imports, which notably excludes aluminum scrap. On 12th March, the Trump-Vance administration enforced 25% tariffs on imports of steel, aluminium, and products containing these metals. The primary concern is that US-based companies will continue to purchase aluminum...
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Norwegian aluminum producer Hydro has unveiled plans to invest NOK 1.65 billion ($156 million) in a new wire rod foundry at its Karmøy facility. This marks the company’s largest investment in Norway in a decade. The plant will supply aluminum wire for power cables across Europe and is expected to have an annual production capacity...
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The Rheinwerk aluminium plant in Neuss, Germany—once one of Europe’s largest producers of primary aluminium—has fully transitioned to recycled production after shutting down its energy-intensive smelter operations in 2023 due to soaring electricity costs. While its towering chimneys now stand dormant, the facility is active around the clock, processing scrap metal into new aluminium products...
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China’s aluminium production increased by 2.6% year-on-year in January and February, reaching 7.32 million metric tons, according to data released by the National Bureau of Statistics. The rise in output was driven by improved profitability at smelters, largely due to easing alumina supply constraints and falling raw material costs. Total production of ten nonferrous metals,...
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Iran’s aluminium production declined in the first 11 months of the Persian calendar year (ending February 18), totaling 552,185 tonnes, down from 582,200 tonnes a year earlier. The drop, representing a 5% year-on-year decline, comes even as the country’s bauxite and alumina production increased, according to data from state-owned holding company IMIDRO. The country’s four...
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China’s imports of unwrought aluminium and aluminium products fell by 24.3% year-on-year in January, reaching 290,000 metric tons, according to data released by the General Administration of Customs. The decline comes amid shifting market dynamics in the world’s largest aluminium-consuming nation. The reported figures include primary aluminium and unwrought, alloyed aluminium. While aluminium imports declined,...
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On March 17, Norwegian aluminium and renewable energy company Norsk Hydro held a groundbreaking ceremony for its new recycling plant in Torija, Spain. The EUR 180 million project is a key component of Hydro’s circular economy strategy, aiming to increase the use of post-consumer aluminium scrap while expanding its low-carbon aluminium offerings in Europe. The...
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Novelis announced on Thursday that it has successfully produced the world’s first aluminium coil made entirely from 100% recycled, end-of-life automotive scrap. The development marks a major step forward in sustainability and circular manufacturing for the European automotive sector. The new aluminium material meets the rigorous industry standards for surface quality and formability, making it...
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Rusal has reached an agreement with Indian firms Pioneer and KCap to acquire a stake in Pioneer Aluminium Industries, an alumina producer. The deal will see Rusal’s subsidiary purchase up to 50% of the company’s shares in three stages. According to a filing on the Hong Kong Stock Exchange, Rusal will acquire an initial 26%...
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Norwegian renewable energy company Scatec has signed a 25-year power purchase agreement (PPA) with Egypt Aluminium to develop a 1.1 GW solar photovoltaic (PV) plant and a 100 MW/200 MWh battery energy storage system (BESS) in Egypt. The project, valued at approximately $650 million, aims to support the decarbonization of Egypt Aluminium’s operations and align...
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Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminum, has adopted a hybrid cloud infrastructure managed by Azure Arc to enhance operational efficiency and optimize production. The approach integrates on-premises datacenters with Azure’s public cloud, enabling advanced AI and automation solutions. “We use the best of the Azure public cloud but we also...
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Premiums for aluminum buyers in the U.S. physical market surged to record highs on Tuesday following President Donald Trump’s announcement that tariffs on Canadian aluminum would double to 50%. The increase, set to take effect Wednesday, comes in response to Ontario imposing a 25% tariff on electricity exports to the U.S. Physical aluminum transactions typically...
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Following a surplus in 2024, the global copper market is projected to enter a deficit in 2025 due to demand outpacing production growth, according to India Ratings and Research. Prior to 2024, the copper market experienced a five-year deficit. Shradha Saraogi, associate director at India Ratings and Research, highlighted that rising demand for copper and...
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Taiwanese aluminum extrusion manufacturer Alformer Industrial Co. will invest nearly NT$1 billion ($31.6 million) to establish a new factory in Beidou, Changhua. The facility will focus on producing high-strength aluminum alloy formwork, integrating smart manufacturing and automation technologies, and adopting MES warehouse management and robotic arm welding systems. Initially specializing in aluminum doors and windows,...
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