Industry News
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Deep research report on aluminum for humanoid robots: the core driving force and industrial game of the lightweight revolution
Ⅰ） Re examination of the strategic value of aluminum materials in humanoid robots 1.1 Paradigm breakthrough in balancing lightweight and performance Aluminum alloy, with a density of 2.63-2.85g/cm ³ (only one-third of steel) and a specific strength close to high alloy steel, has become the core ...Read more -
Aluminum plans to invest Rs 450 billion to expand its aluminum, copper and specialty alumina operations
According to foreign media reports, Hindalco Industries Limited of India plans to invest 450 billion rupees in the next three to four years to expand its aluminum, copper, and specialty alumina businesses. The funds will mainly come from the company’s internal earnings. With more than 47,00...Read more -
The differentiation of internal and external aluminum inventory is prominent, and the structural contradictions in the aluminum market continue to deepen
According to aluminum inventory data released by the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE), on March 21, LME aluminum inventory fell to 483925 tons, hitting a new low since May 2024; On the other hand, the Shanghai Futures Exchange’s (SHFE) aluminum inventory ...Read more -
The production data of China’s aluminum industry in January and February is impressive, demonstrating strong development momentum
Recently, the National Bureau of Statistics released the production data related to China’s aluminum industry for January and February 2025, showing a positive overall performance. All production achieved year-on-year growth, demonstrating the strong development momentum of China’s al...Read more -
The profit of Emirates Global Aluminium (EGA) in 2024 dropped to 2.6 billion dirhams
Emirates Global Aluminium (EGA) released its 2024 performance report on Wednesday. The annual net profit decreased by 23.5% year-on-year to 2.6 billion dirhams (it was 3.4 billion dirhams in 2023), mainly due to the impairment expenses caused by the suspension of export operations in Guinea and t...Read more -
Japanese port aluminum inventory hits three-year low, trade restructuring and intensified supply-demand game
On March 12, 2025, data released by Marubeni Corporation showed that as of the end of February 2025, the total aluminum inventory in Japan’s three major ports had dropped to 313400 tons, a decrease of 3.5% from the previous month and a new low since September 2022. Among them, Yokohama Port...Read more -
Rusal plans to buy Pioneer Aluminium Industries Limited shares
On the 13th day of March, 2025, The wholly-owned subsidiary of Rusal has signed an agreement with Pioneer Group and KCap Group (both independent third parties) to acquire Pioneer Aluminium Industries Limited shares in stages. The target company is registered in India and operates a metallurgical ...Read more -
Arconic Cut 163 jobs at the Lafayette plant, Why?
Arconic, an aluminum products manufacturer headquartered in Pittsburgh, has announced that it plans to lay off approximately 163 employees at its Lafayette plant in Indiana due to the closure of the tube mill department. The layoffs will begin on April 4th, but the exact number of affected employ...Read more -
Global sales of new energy vehicles continue to grow, with China’s market share expanding to 67%
Recently, data shows that the total sales of new energy vehicles such as pure electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles worldwide reached 16.29 million units in 2024, a year-on-year increase of 25%, with the Chinese market accounting for a...Read more -
Argentina Initiates Anti-dumping Sunset Review and Change-of-Circumstances Review Investigation of Aluminum Sheets Originating from China
On February 18, 2025, the Ministry of Economy of Argentina issued Notice No. 113 of 2025. Initiated upon the applications of Argentine enterprises LAMINACIÓN PAULISTA ARGENTINA S.R.L. and INDUSTRIALIZADORA DE METALES S.A., it launches the first anti-dumping (AD) sunset review of aluminum sheets o...Read more -
LME aluminum futures hit a one-month high on February 19th, supported by low inventories.
Ambassadors of the 27 EU member states to the EU reached an agreement on the 16th round of EU sanctions against Russia, introducing a ban on the import of Russian primary aluminum. The market anticipates that Russian aluminum exports to the EU market will face difficulties and the supply may be r...Read more -
Azerbaijan’s Aluminum Exports in January Declined Year-on-Year
In January 2025, Azerbaijan exported 4,330 tons of aluminum, with an export value of US$12.425 million, a year-on-year decrease of 23.6% and 19.2% respectively. In January 2024, Azerbaijan exported 5,668 tons of aluminum, with an export value of US$15.381 million. Despite the decline in export vo...Read more