By Reuters SUMMARY Futures: On Friday night, the most-traded SHFE aluminium 2506 contract opened at RMB 19,700 per tonne, with a high of RMB 19,720 per tonne and a low of RMB 19,615 per tonne, closing at RMB 19,690 per tonne, up RMB 50 per tonne or 0.25 per cent from the previous close. On Friday, LME aluminium opened […]
SUMMARY Atomic13 is working to commercialize a novel extrusion technology developed by Pacific Northwest National Laboratory. This innovation aims to reduce the carbon footprint of aluminium extrusions by approximately 90% by utilizing post-consumer scrap, marking a significant advancement in sustainable manufacturing practices within the industry. Link of full article :https://www.recyclingtoday.com/news/atomic-13-reshaping-the-aluminum-extrusion-industry/? Source : RECYCLING TODAY
SUMMARY The Aluminium Association of India (AAI) has formally requested the government to extend the Remission of Duties or Taxes on Export Products (RoDTEP) scheme to aluminium-producing units. This appeal underscores the industry’s need for support to remain competitive in the face of global challenges and evolving market dynamics. Link of full article : https://www.alcircle.com/news?srsltid=AfmBOop9uZvVo2wCXVy6Gg__ndiDfZSrEqqE0VN21RiXYmGFT56ePgP1& […]
SUMMARY The European Union has launched an investigation into the surge of aluminium imports, a move prompted by global trade tensions and tariffs imposed by the United States. This probe aims to assess the impact of increased imports on the EU’s aluminium sector and may lead to the implementation of protective measures to stabilize the […]