News


Press Metal Aluminium recorded 36% YoY drop in net profit in Q2 2019; Revenue declined 12.5%

Press Metal Aluminium Holdings Bhd, the leading aluminium producer in South East Asia, has reported a drop of 36 per cent in net profit in the second quarter of the year ended on June 30. The profit came in at RM102.89 million, compared to RM160.6 million in the same period last year....

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RIISA, C-TPAT Validation Process

The Customs Trade Partnership Against Terrorism (CTPAT) program is U.S. Customs and Border Protection’s (CBP) premier trade security program. The purpose of CTPAT is to partner with the trade community for the purpose of securing the U.S. and international supply chains from possible intrusion by terrorist organizations. CTPAT requires the trade company participant to document […]

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Coca-Cola follows suit and announces shift from plastic to aluminum, reinforcing the Aluminum Can Revolution 2.0

Coca-Cola announces moving its Dasani water to aluminum packaging. In a news release today, Coca-Cola announced putting its Dasani brand of water into aluminum packaging as part of a pipeline of sustainable packaging innovations. The new aluminum cans will launch locally in the Northeastern part of the US next month and expand to other regions in 2020. The new aluminum bottle will become available in mid-2020.

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Changes to Aluminum Tracking Codes Will Help Address Product Misclassification, Transshipment, Duty Evasion

The Aluminum Association was recently successful in advocating for more than 40 changes to the Harmonized Tariff Schedule (HTS) codes for aluminum imports, in a process that is led by the U.S. International Trade Commission (USITC).

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Rusal targets increased share of value-added aluminum products

Russian aluminum group Rusal aims to grow the share of value-added aluminum products to around 50% from 2020 on onwards, up from 46% in 2018, by developing its downstream businesses, a company spokeswoman said Friday...

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Bauxite price increases by RMB20/t after three months; A00 aluminium ingot price extends rise

After remaining muted for about three months at RMB 540 per tonne, the average price of Bauxite (6.0≤Al/Si<7.0)Shanxi has recorded a growth of RMB 20 per tonne to RMB 560 per tonne, as of July 31, learned Shanghai Metals Market...

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Rusal Reports 20.8 Percent Rise In Aluminium Sales During Second Quarter

Russian Federation aluminium titan U.C. Rusal released operating results for the second quarter of 2019 on Friday. Production of aluminium and alumina remained essentially level, with sales in the quarter increasing to catch up on a backlog of product trapped in inventory due to last year’s OFAC sanctions.

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Aluminium makers expect prices to pick up even as supplies stabilise

According to World Bank commodities report, aluminium prices on the LME will average at $1,940 per tonne in calendar 2019...

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‘Not a dustbin’: Cambodia to send plastic waste back to the US and Canada

Country vows to return 1,600 tonnes of waste as south-east Asian countries revolt against an onslaught of rubbish shipments

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Macro uncertainties led to corrections in aluminium, copper, zinc prices: Icra

Production of zinc may improve in the second half of the year, which may bring the market back into a balance.

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Aluminum tariffs lifted – Mexico-based Riisa to ramp up cross-border shipping to the U.S.

It may have gotten lost in the United States’ trade war with China and immigration battle with Mexico, but President Donald Trump’s steep tariffs on all imported steel and aluminum were lifted on May 17.

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Impressive growth awaits recycled metals market

The international recycled metal market was worth around US$ 65 billion (EUR 58 billion) in 2018 and new market data says it will grow to around US$ 85 billion by 2025.

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Be part of the plastics recycling revolution

US citizens alone throw away 100 billion plastic bags every year. That’s 520 per consumer. The good news? Recyclers are constantly finding new ways to improve operations and increase plastics recycling rates.

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Ferrous prices continue to decline

RMDAS shows scrap prices fell between $32 to $22 per ton in June across the US.

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Three Out Of Four Aluminium Cans Recycled In The U.K. In 2018

Three out of four aluminium beverage cans in the United Kingdom find their way back into the aluminium value stream, marking an all-time high for aluminium beverage cans. Such was the message from the UK’s Aluminium Packaging Recycling Organisation (Alupro) earlier this week.

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Where does your plastic go? Global investigation reveals America’s dirty secret

What happens to your plastic after you drop it in a recycling bin? According to promotional materials from America’s plastics industry, it is whisked off to a factory where it is seamlessly transformed into something new.

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Global Aluminum Systems Market worth USD 213.7 billion by 2026 | Key Players Aluminium Bahrain (Alba), Aditya Birla Management Corporation Pvt. Ltd., Emirates Global Aluminium PJSC and China Hongqiao Group Limited

The Global Aluminum Systems Market is expected to rise from its initial estimated value of USD 134.1 billion in 2018 to an estimated value of USD 213.7 billion by 2026, registering a CAGR of 6% in the forecast period of 2019-2026. This rise of market value can be attributed to the rising technological advancements in the market...

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US aluminium production increases 42% YoY in February; secondary recovery declines 7%

According to the latest report from US Geological Survey, US domestic primary aluminium production stood at 87,000 tonnes in February 2019....

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Aluminum Association releases a policy roadmap for a sustainable and competitive U.S. Aluminum Industry

On May 7, the Aluminum Association released a new policy roadmap called “The Aluminum Agenda” for a sustainable and competitive U.S. Aluminum Industry.

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Top five aluminium rolling mills in the world

Currently Aluminium flat rolled products accounts for about 32% of the global aluminium usage followed by extrusions at 31%, castings at 22% and wire rods at 8%...

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Global Aluminum Sheet and Plate Market 2019 – Alcoa, Kaiser Aluminum, Rio Tinto Alcan, Sapa Group, Mandel Metals, Alaskan Copper

The market research report of the global “Aluminum Sheet and Plate Market” is a fundamental study carried out by the experts with a perspective of the global market...

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The Future of Foundries is Aluminum

In order to meet the requirements of the growing world market for complex aluminum castings, aluminum-specific systems must interact harmoniously...

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Global Metal Waste and Recycling Market 2019 – Iron, Copper, Aluminum, Lead

The Global Metal Waste and Recycling Market report signifies an in-depth and thorough study of Metal Waste and Recycling market...

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Aluminum Association: Imports of Chinese Aluminum Foil Down 64% from 2017-2018

A year on from the U.S.’s anti-dumping and countervailing duty orders on Chinese aluminum foil, imports of the product have plunged.

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Beijing Blasts Shandong Government For Failures In Limiting Runaway Aluminium Capacity

Citing an ongoing failure to rein in aluminium overproduction and the associated use of coal to fire said production...

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LME closed the week lower at 1843.50 per tonne; a weak dollar likely to give support to both LME and SHFE today

The US dollar index slipped on Friday as the euro rose sharply. LME base metals traded higher across the board on Friday April 12. LME aluminium advanced about 0.3% and SHFE aluminium popped 0.1%.

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Aluminium Market Update: Improved Conditions For Smelters, But Challenges Remain

Base metals traded at LME have enjoyed their best quarterly performance in Q1 since 2009...

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WHAT ARE METAL TARIFFS & HOW DO THEY AFFECT SCRAP?

A hot topic this year in the scrap metal industry, US President Trump is planning to introduce metal tariffs...

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JW Aluminum and Constellium lobby for quota free tariff removal on aluminium from Canada and Mexico

Last week, a few leading downstream aluminium producers urged the Trump administration to remove the tariffs as they could not stop Chinese overcapacity

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Aluminium Market Update: Why Are Aluminium Prices Lagging Behind Other Base Metals?

Base metals prices have recovered significantly since January’s lows after news that the US and China are inching closer to signing a trade deal.

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LME To Trade Rusal Aluminium Upon Lifting Of OFAC Sanctions

Another hopeful sign emerged last week for troubled...

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Here’s Why Aluminium Prices Are At 18-Month Low And What It Means For Producers

As aluminium prices touch an 18-month low...

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World Aluminium Ingots Market 2018 Potential Growth, Share, Demand, Trends and Forecasts to 2023

Relevant developments are diligently followed...

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Explaining Global Aluminium Flows and Smelter Costs

Since October 22, aluminium prices have been trading below US$ 2000/tonne...

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Aluminium: Year in Review and What to Expect in 2019

It’s been a rocky year for metal prices. The second half of the year...

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