Indian import aluminium scrap prices rise on LME bull run

Indian import aluminium scrap prices moved up sharply in the week to Wednesday April 17 primarily on the recent increase in London Metal Exchange prices and due to restocking demand from buyers, sources told Fastmarkets.

18 April 2024 Lee Allen, Aameer Sayed

Alumina index pushes up as ex-China demand good

Key data from Fastmarkets’ alumina pricing session on Thursday April 18.

18 April 2024 Laura Roberts

Launch of CIF India aluminium scrap price assessments: pricing notice

Fastmarkets launched a suite of CIF India aluminium scrap prices on Wednesday April 17.

18 April 2024 Lee Allen

Alcoa initiates process for potential sale of San Ciprian aluminium, alumina complex

Global alumina and aluminium producer Alcoa has initiated a process for the potential sale of its Spanish San Ciprian complex, with the bid process anticipated to be completed by June 2024, the company said as part of its first-quarter results announcement on Wednesday April 17.

18 April 2024 Imogen Dudman

MJP ADC12 climbs on rising production costs; Chinese ADC12 hovers near 2-yr peak

Domestic prices for China’s aluminium ingot alloy ADC 12 continued to hover around a near two-year high in the week to Wednesday April 17, after rising for the recent six weeks, sources told Fastmarkets.

18 April 2024 Carman Chew

Rio Tinto’s alumina operations drop 3% in Q1 following gas leak in Queensland

Anglo-Australian miner Rio Tinto’s overall alumina output dropped by 3% in the first quarter of 2024 compared with the prior quarter, the company said in a quarterly update on Wednesday April 17.

17 April 2024 Laura Roberts

Key talking points ahead of Fastmarkets’ Bauxite & Alumina Conference

Here are some of the key talking points across the aluminium raw material markets ahead of Fastmarkets’ annual Bauxite & Alumina Conference, taking place in Miami, Florida, on April 22-23.

16 April 2024 Imogen Dudman, Laura Roberts

Brazilian aluminium industry plans further decarbonization

Brazil’s aluminium industry already has carbon-emissions levels that are significantly below the global average, but it has plans for further cuts in these emissions by increasing the use of renewable energy and more recycling, Fastmarkets has heard.

16 April 2024 Renato Rostás, Gabriela Brumatti

Fastmarkets to launch six CIF India aluminium scrap price assessments amid rising demand

Indian imports of aluminium scrap have been rising consistently in recent years, creating significant demand among market participants for more transparent, comprehensive CIF India pricing.

11 April 2024 Lee Allen

Belgian ban on cash deals for scrap materials unlikely to affect major processors, sources say

Scrap material inflows into major Belgian processors were unlikely to be affected by new rules prohibiting cash payments for secondary raw materials, with only minimal tonnages being affected, industry sources told Fastmarkets on Thursday April 11.

11 April 2024 Lee Allen