Industry Updates - Aluminum Profile Insider

Navigating the Trade Turbulence: EU’s Dilemma Over Russian Aluminum Sanctions

by Rina MengIndustry Updates November 17, 2023November 17, 2023No Comments

Introduction Amidst rising geopolitical tensions, the European Union is contemplating sanctions that target the import of aluminum products from Russia, including wire rod, foil, and extrusions. This move, while not officially approved, underscores the critical role of aluminum in various sectors and the repercussions such sanctions could have on the European market. Section 1: The …

Leading the Green Revolution: Vedanta Aluminium’s Pioneering Low Carbon Aluminium Production

by Rina MengIndustry Updates November 16, 2023November 16, 2023No Comments

Introduction Vedanta Aluminium, a frontrunner in India’s aluminium production, has recently marked a significant milestone by dispatching its first supply of low carbon aluminium in the domestic market. This move not only highlights Vedanta’s commitment to sustainability but also positions it as a leader in developing green solutions in the aluminium industry. The Shift to …

Revolutionizing Commercial Transportation with Hydro’s eCV1 and Recycled Aluminium

by Rina MengIndustry Updates November 16, 2023November 16, 2023No Comments

Introduction In the ever-evolving automotive industry, the eCV1 stands out as a beacon of innovation and sustainability. This electric, light commercial vehicle, a product of the collaboration between Hydro and WEVC, is set to redefine transportation standards. Its use of recycled, low-carbon aluminium for the chassis is a game-changer in the industry, underscoring a commitment …

Navigating the Tides: The Future of EU-US Aluminium Trade Relations

by Rina MengIndustry Updates November 15, 2023November 15, 2023No Comments

Introduction The European Union is currently considering extending its trade truce with the United States, a crucial move that could reshape the landscape of the steel and aluminium trade. This extension is pivotal in preventing the re-imposition of tariffs on substantial cross-Atlantic exports, valued at around $10 billion. Background of the Trade Dispute The dispute, …

Aluminium’s Green Revolution: Charting the Path to Net-Zero Emissions by 2050

by Rina MengIndustry Updates November 15, 2023November 15, 2023No Comments

Introduction European Aluminium recently unveiled its groundbreaking report, “Net-Zero by 2050: Science-based Decarbonisation Pathways for the European Aluminium Industry,” during an event featuring Kerstin Jorna, Director-General at the European Commission’s DG Grow. This report presents a visionary framework for achieving net-zero emissions throughout the aluminium value chain. The Role of Aluminium in a Decarbonised Economy …

Revolutionizing Aluminium Production: Vedanta’s Groundbreaking Bauxite Refinement Process

by Rina MengIndustry Updates November 14, 2023November 14, 2023No Comments

Introduction The aluminium industry stands as a cornerstone of modern manufacturing, vital to numerous sectors from automotive to construction. At the forefront of innovation in this field is Vedanta Aluminium, a leader in India’s aluminium sector, which has recently made a significant leap in refining bauxite, the primary ore for aluminium. The Challenge of Bauxite …

Unveiling Challenges: Germany’s Aluminum Industry in the Spotlight

by Rina MengIndustry Updates November 13, 2023November 13, 2023No Comments

Introduction As we delve into the latest report from the German Aluminum Association, a stark reality unfolds—the third quarter witnessed an 8% drop in primary aluminum production, a significant blow to an industry already grappling with challenges. Let’s explore the specific data and underlying factors contributing to this decline. Primary Aluminum Production Decline In Q3 …

Aluminium Bahrain Eyes Expansion: A Strategic Leap into Saudi Exchange and Aluminium’s Global Influence

by Rina MengIndustry Updates November 8, 2023November 8, 2023No Comments

Introduction Aluminium Bahrain, commonly known as Alba, stands tall as one of the world’s largest aluminum smelters. With an air of strategic foresight, Alba is contemplating a monumental move — a secondary listing on the Saudi Exchange, known as Tadawul. This decision dances in step with the Bahraini government’s imminent determinations on natural gas supply …

Navigating the Future of Aluminum: The Intersection of Trade, Sustainability, and Innovation

by Rina MengIndustry Updates November 8, 2023November 8, 2023No Comments

The world of aluminum trade is at a pivotal juncture, with sustainability and innovation at the forefront of international discussions. The Global Arrangement on Sustainable Steel and Aluminium (GASSA) has become a cornerstone of these dialogues, setting the stage for an industry undergoing transformative change. In October 2021, the European Union and the United States …

Strengthening India’s Aluminium Front: A Strategic Call to Raise Customs Duty

by Rina MengIndustry Updates November 6, 2023November 6, 2023No Comments

Introduction India’s aluminium industry, a cornerstone of the nation’s economic infrastructure, stands at a crossroads. The Aluminium Association of India (AAI) has sounded the alarm for government intervention to stem the tide of imported aluminium scrap flooding the market. By advocating for a customs duty increase from a meager 2.5% to a robust 10%, AAI …