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Chinese aluminium industry will relocate to access low-carbon power, Intl Al Conf hears
Aluminium production capacity in China must relocate to access low-carbon power, which will be key in tackling the country’s emissions, Ron Knapp, international adviser at China Hongqiao Group, told delegates at Fastmarkets’ International Aluminium Conference in Barcelona, Spain, on Wednesday, September 14
September 15, 2022
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By Carrie Bone
Insights
Yunnan aluminium producers ordered to cut output amid power rationing
Aluminium smelters in southwestern China's Yunnan province have been ordered by the local government to cut production by 10% to lower their power usage, with effect from Friday September 9, sources with knowledge confirmed to Fastmarkets
September 9, 2022
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By Yiwen Ju
Insights
Scrap, secondary and recycled aluminium, from rescue to low-carbon gains
With decarbonization high on the agenda for the industry, the longevity of scrap and secondary aluminium could play a bigger role in the climate crisis. An overview of demand and price trends of scrap and secondary aluminium across Europe and North America.
September 8, 2022
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Insights
Metals companies call on EU leaders for emergency action on energy prices
The heads of 40 metals companies and a number of industry associations have called on European Union leaders to take emergency action to temporarily reduce gas prices in order to alleviate costs and help continued production at their sites
September 7, 2022
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By Andrea Hotter
Insights
Speira to curtail 50% of aluminium smelter production at Rheinwerk plant; cites high energy costs
Global aluminium rolling and recycling company Speira will curtail 50% of the current smelter production at its Rheinwerk plant until further notice citing rising energy prices, the company announced on Wednesday, September 7
September 7, 2022
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By Imogen Dudman
Insights
Aluminium premiums still under pressure in Japan, Europe, Brazil, but US market quiet
Aluminium premiums continued their global downtrend in the week to Tuesday September 6 with the exception of the US Midwest premium, which was unchanged after the Labor Day holiday in the United States.
September 7, 2022
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By Carrie Bone, Renato Rostás, Orla O'Sullivan, Imogen Dudman, Chay Chye Leng
Insights
Brazilian alumina exports rise 62% in August
Brazilian alumina exports grew by 62.24% year on year in August on higher shipments, in particular from northeastern Maranhão state, where the Alumar refinery is located, according to data published by the economy ministry on Monday September 5.
September 5, 2022
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By Renato Rostás
Insights
Why are aluminium, zinc premiums reacting differently to Europe’s energy crisis?
The energy crisis across Europe is leading to capacity being taken offline as producer margins become squeezed, but aluminium and zinc premiums are having opposite reactions
September 2, 2022
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By Callum Perry
Insights
LME will delist brands which do not comply with responsible sourcing policy
The London Metal Exchange will delist brands that do not comply with its responsible sourcing policy, it announced on Thursday, September 1.
September 1, 2022
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Insights
Uncertainty looms for Chilean miners regardless of new constitution vote
The mining industry in Chile, the world’s largest producer of copper, will probably continue to face uncertainties regardless of the outcome of a national referendum on September 4 on the adoption of a new national constitution, key stakeholders told Fastmarkets on Wednesday, August 31
September 1, 2022
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By Renato Rostás, Albert MacKenzie
Insights
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