News
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Goldman Sachs raised its average aluminum and copper price forecast for 2025
Goldman Sachs raised its 2025 aluminum and copper price forecast on October 28. The reason is that, after implementing stimulus measures, the demand potential of China, the largest consumer country, is even greater. The bank raised its average aluminum price forecast for 2025 to $2,700 from $2,54...Read more -
In August 2024, the global primary aluminum supply shortage was 183,400 tons
According to the latest report released by the World Metals Statistics (WBMS) on October 16. In August 2024. Global refined copper supply shortage of 64,436 tons. Global primary aluminum supply shortage of 183,400 tons. Global zinc plate supply surplus of 30,300 tons. Global refined lead supply s...Read more -
Alcoa has signed an aluminum supply extension agreement with Bahrain Aluminum
Arconic (Alcoa) announced on October 15th that extended its long-term aluminum supply contract with Bahrain Aluminum (Alba). The agreement is valid between 2026 and 2035. Within the 10 years, Alcoa will supply up to 16.5 million tons of smelting-grade aluminum to the Bahrain Aluminum Industry. Th...Read more -
Alcoa partners with Spain’s Ignis to build a green future for San Ciprian aluminum plant
Recently, Alcoa announced an important cooperation plan and is in deep negotiations with Ignis, a leading renewable energy company in Spain, for a strategic partnership agreement. The agreement aims to jointly provide stable and sustainable operating funds for Alcoa’s San Ciprian aluminum p...Read more -
Supply disruptions and demand surged in China, and alumina surged to record levels
Alumina on the Shanghai Futures Exchange surged 6.4%,To RMB 4,630 per ton (contract US $655)，The highest level since June 2023.Western Australian shipments climbed to $550 a tonne,The highest number since 2021.Alumina futures prices in Shanghai surged to record highs as global supply disruptions...Read more -
Rusal plans to double its Boguchansky smelter capacity by 2030
According to the Russian Krasnoyarsk government,Rusal plans to increase the capacity of its Boguchansky aluminum smelter in Siberia to 600,000 tonnes by 2030. Boguchansky, The smelter’s first production line was launched in 2019, with an investment of us $1.6 billion.The initial estimated c...Read more -
The United States has made the final ruling of aluminum profiles
On September 27, 2024, The US Department of Commerce announced its final anti-dumping determination on aluminum profile (aluminum extrusions) that imports from 13 countries including China, Columbia, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Thailand, Turkey, UAE, Vietnam and Taiwan...Read more -
Aluminum prices strong rebound: supply tension and interest rate cut expectations boost aluminum period rose
London Metal Exchange (LME) aluminum price rose across the board on Monday (September 23).The rally mainly benefited from tight raw material supplies and market expectations of interest rate cuts in the US. 17:00 London time on September 23 (00:00 Beijing time on September 24),LME’s three-m...Read more -
What do you know about the aluminum surface treatment process?
Metal materials are increasingly being used in various existing products, because the they can better reflect the product quality and highlight the brand value. In many metal materials, aluminum duue to its easy processing, good visual effect, rich surface treatment means, with various surface tr...Read more -
Introduction of series of aluminum alloys?
Aluminum alloy grade: 1060, 2024, 3003, 5052, 5A06, 5754, 5083, 6063, 6061, 6082, 7075, 7050, etc. There are many series of aluminum alloys, respectively 1000 series to 7000 series. Each series has different purposes, performance and process, specific as follows: 1000 Series: Pure aluminum (alumi...Read more -
6061 Aluminum Alloy
6061 aluminum alloy is a high-quality aluminum alloy product produced through heat treatment and pre stretching process. The main alloying elements of 6061 aluminum alloy are magnesium and silicon, forming Mg2Si phase. If it contains a certain amount of manganese and chromium, it can neutr...Read more -
Can you really distinguish between good and bad aluminum materials?
Aluminum materials on the market are also classified as good or bad. Different qualities of aluminum materials have varying degrees of purity, color, and chemical composition. So, how can we distinguish between good and bad aluminum material quality? Which quality is better between raw alu...Read more