Aluminium

A US Congressman has alleged that aluminium producers including Alcoa, Century Aluminum and Rio Tinto have engaged in anti-competitive price collusion by not offering duty-free aluminium to buyers in the country’s beverage industry

Global primary aluminium premiums were mixed during the week to Tuesday February 7, mostly affected by weak spot demand and low activity in parts of Asia and in Brazil, while some markets remained supported amid growing tightness

Interest in low-carbon aluminium from the beverage and packaging industry is growing and aluminium packaging company Ball Corporation is working to meet that increasing demand, Dan Fisher, chairman and chief executive officer, said during the company’s earnings call on Thursday February 1

China’s aluminium industry has increased the development pace of green-power aluminium in recent years, by using more green power for electrolytic aluminium production to reduce carbon emission and also by actively pushing forward differentiation of the metal from its non-green-power counterpart

The London Metal Exchange is finding that when it comes to metal of Russian origin, and in particular aluminium, it can’t please all of the people all of the time.

In a letter to its employees seen by Fastmarkets on Wednesday January 24, the independently owned Magnitude 7 Metals LLC aluminium smelter in Marston, Missouri said it would curtail its operations over the course of the next three to five days, and that “most employees will no longer be required after January 28”