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In September , the global aluminium industry witnessed significant developments across production, sustainability, and market dynamics. Aluminium producers continued to push for greener technologies, as the global primary aluminium producers are focusing on expanding their low-carbon aluminium portfolios, while recycling initiatives gained traction worldwide, particularly in Europe and North America. China, the world's largest aluminium producer, reported steady output growth, though facing challenges with energy restrictions and environmental regulations. Meanwhile, demand for aluminium remained steady in the automotive and packaging sectors, driven by the growing emphasis on lightweighting and circular economy practices. Trade tensions have shaped market conditions, alerting stakeholders to upcoming shifts in global supply chains and pricing patterns as a result of the geopolitical crisis. On 30 September, the commodity traded at USD per tonne, up 7. Prices extended their gains in September, as Chinese aluminium output remained around record-high levels in August, boding well for alumina demand. The deployment of stimulus policies in the country was an additional tailwind. Meanwhile, supply remained tight due to past output cuts in several Australian alumina refineries. Below are the highlights from the aluminium industry that made the month memorable:. Versalux, a pioneer in bringing state-of-the-art lighting systems to the Australian market, is scaling up its sustainability drive by adopting locally sourced low-carbon aluminium from Capral Aluminium, Australia's largest extruder and distributor of industry-leading aluminium products. In addition, this move also sets a positive example for the lighting industry in terms of working towards producing sustainable products. Read more According to the General Administration of Customs, China's bauxite imports reached a historically high level for July , with a month-on-month increase of The import volume stood at In June, the import volume was down by 1. From January to July , China's total bauxite imports amounted to The Trafigura Group, a key player in the commodity market, asserts that the surge in alumina prices significantly reshapes the outlook for aluminium prices. The price of alumina—derived from mined bauxite and used in aluminium smelting—skyrocketed by 50 per cent in , reaching its highest level since March This sharp increase has been fuelled by production disruptions at alumina refineries and rising demand from aluminium smelters. Despite this, aluminium prices on the London Metal Exchange have remained relatively stagnant year-to-date. However, the escalating cost of alumina is placing significant financial pressure on smelters that don't have their own supply, potentially straining the broader industry. The refinery boasts a production capacity of 1 million metric tonnes of alumina annually, requiring 3. Indonesia, rich in natural resources, is focused on strengthening its domestic mineral processing industry rather than exporting raw materials. Vedanta Aluminium unveiled two new products for high-precision use in the power sector. Vedanta Aluminium, a business of Vedanta Limited and India's largest aluminium producer, has reportedly launched two new ranges of wire rods at PowerEdge The AL59 Ingot is ideal for remelting as it offers superior electrical conductivity, while the EC-grade wire rod is suitable for winding strip applications with a balance of strength and formability. These products are made for high-precision use, such as fine drawing, conforming, and enamelling in transformer and winding applications. China expanded carbon trading market to aluminium, steel, and cement to curb industrial pollution. At the opening ceremony of the Global Energy Transformation Conference on September 7, Huang Runqiu, Minister of Ecology and Environment, emphasised the need to accelerate green and low-carbon development in China. By the end of the year, key emission industries, including aluminium, steel and cement, will be integrated into the national carbon emissions trading system alongside the power industry. The announcement was a warning sign to the aluminium, steel and cement sectors to foster green productivity, proactively address climate change, and strengthen global climate governance. Huang also highlighted efforts to enhance the carbon market, expanding its industry coverage, diversifying trading options, and improving the national voluntary greenhouse gas emission reduction trading market. European aluminium foil shipments rebounded in Q2 by 6. Aluminium foil shipments in Europe recovered during the second quarter of , recording a 6. In the first quarter, the shipments suffered a loss of 6 per cent annually, coming in at , tonnes, which grew over a quarter to , tonnes to meet the demand growth of almost 10 per cent. The increase in Q2 shipments was primarily backed by thinner gauges, which are mainly used for flexible packaging and household foils. The shipments of thinner gauges saw the most substantial gains, growing by more than 8 per cent from the corresponding period of The shipments of thicker gauges, used for semi-rigid containers, technical or other applications, saw a relatively modest rise of 4 per cent. The company's board has approved an investment of INR The plant will have an annual production capacity of 3, tonnes and is expected to be operational by the second quarter of the fiscal year. This move aligns with Ramkrishna Forgings' commitment to vehicle lightweighting, a crucial factor in enhancing performance, improving fuel efficiency, and reducing the environmental impact of modern vehicles. According to a senior official, once the facility reaches full capacity, it is projected to contribute an additional INR crore to the company's annual revenue. Azerbaijan and Uzbekistan collaborated on a new aluminium radiator production project. According to sources familiar with the matter, Azerbaijan and Uzbekistan collaborated on a new project to produce aluminium radiators. The enterprise has one of the largest computer-integrated manufacturing facilities in Central Asia. Uzbekistan is a leading producer of electrical products, including transformers, cables, wires, electronics, and household appliances. Hydro announced commissioning a new aluminium recycling plant in Szekesfehervar, Hungary, with an annual capacity of 90, tonnes. The plant will produce recycled aluminium products to meet the growing demand for secondary metals in the automotive sector. The month marked another pivotal phase for the global aluminium industry. From significant investments in recycling infrastructure to innovations in low-carbon production, the sector continued to push forward with its sustainability agenda. Emerging market trends, such as increasing demand for aluminium in electric vehicles and renewable energy applications, highlighted the industry's evolving role in the global green transition. As aluminium producers and manufacturers adapt to changing consumer preferences and stricter environmental regulations, the industry's commitment to innovation and circularity will be critical in shaping its future trajectory. Leading manufacturer of value-added equipment for the aluminum casthouse. Your reliable partner in aluminum casthouse equipment and products. Fioscope provide air-cooled camera technology for high temperature applications. Alumina News - General. Alumina price upswing complicated aluminium market dynamics, warns Trafigura The Trafigura Group, a key player in the commodity market, asserts that the surge in alumina prices significantly reshapes the outlook for aluminium prices. Vedanta Aluminium unveiled two new products for high-precision use in the power sector Vedanta Aluminium, a business of Vedanta Limited and India's largest aluminium producer, has reportedly launched two new ranges of wire rods at PowerEdge China expanded carbon trading market to aluminium, steel, and cement to curb industrial pollution At the opening ceremony of the Global Energy Transformation Conference on September 7, Huang Runqiu, Minister of Ecology and Environment, emphasised the need to accelerate green and low-carbon development in China. Azerbaijan and Uzbekistan collaborated on a new aluminium radiator production project According to sources familiar with the matter, Azerbaijan and Uzbekistan collaborated on a new project to produce aluminium radiators. Hydro commissioned new aluminium recycling plant in Szekesfehervar, Hungary Hydro announced commissioning a new aluminium recycling plant in Szekesfehervar, Hungary, with an annual capacity of 90, tonnes. Conclusion The month marked another pivotal phase for the global aluminium industry. Edited By: Rupankar Majumder. Most Viewed. Save as Favorite. Create Your Company Page. Altek Leading manufacturer of value-added equipment for the aluminum casthouse. Fioscope Fioscope provide air-cooled camera technology for high temperature applications. Related Business Leads. Aluminium Trihydrate. We have buying requirement of Aluminium Trihydrate. Green Petroleum Coke. We are interested in buying low sulphur green petroleum coke Aluminium Powder. Interested to buy aluminium powder. Destination : Amravti, Would you like to receive global industry event and AL Circle's product updates? Yes No. Submit Close. Helena St. Kitts St. Would you like to keep receiving your WhatsApp Messages?

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Key highlights from the global aluminium industry, September 2024

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