The Gulf countries have been trying to divert the economy from its sole dependence on oil and natural gas sector to key non-oil industries. In this effort, the aluminium industry grew immensely in last one decade. Five major aluminium smelters contribute to produces about 5.2 million tons of primary aluminium in the GCC region. They […]
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Aluminium, as a metal has been with mankind for about 200 years, it is one of the most modern metals in the world. Despite the fact, today, more aluminium is produced than all other nonferrous metals put together. The total annual world production of primary aluminium was about 58 million metric tonnes in 2015, and […]
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We know about the LME aluminium contracts and how they are traded in LME. We have already discussed how AlToolz is offering LME Official Prices for Aluminium (High grade primary aluminium) and Aluminium Alloy (A380.1, 226 or AD12.1 aluminium alloy) Contracts as a part of its premium services. Each of the reference prices published by the London Metal Exchange is derived directly from trading and […]
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China plays a dominant role in world aluminium. Any aluminium industry player would know the importance of China aluminium prices in international business. In fact, pricing movements of the raw materials (that go into the process of aluminium making) and downstream products in China major markets are referred to with great inquisitiveness by almost all […]
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AlToolz, offers LME Official Prices for Aluminium (High grade primary aluminium) and Aluminium Alloy (A380.1, 226 or AD12.1 aluminium alloy) Contracts as a part of its premium services. Each of the reference prices published by the London Metal Exchange is derived directly from trading and provides transparent pricing for the global metals market. Below are […]
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Aluminium has changed the way architects used to look at their jobs in hand. The metal, a versatile combination of unique physical and chemical properties, gives much needed liberty to the new-age architects in terms of designing while catering to the changing preferences of the consumers worldwide. It has all the features of a great […]
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China’s colossal growth in aluminium production has changed the market dynamics for aluminium in recent years. The impact of this growth was initially faced by primary smelters in U.S. Slowly; Chinese imports are taking over a large share in the U.S. aluminium foil industry that supplies foil wraps for potato chips, pill packages yogurt, candies etc. […]
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The dwindling state of the primary aluminium market has been a topic of news for quite some time now and the market is still volatile despite some upward trends in the LME price in July& August. From the lowest of $1,525 in mid-May, LME has climbed up to $1,672.00 in mid-July, the strongest since May […]
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Branding and Packaging go hand in hand. For companies looking to catapult their products to the brand status and get noticed amid the rising cacophony of brands, right packaging can help in hitting the bull’s eye in the least possible time. The acceptance of aluminium packaging has grown over the years ; the reasons are […]
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Sustainability is the biggest challenge faced by the aluminium industry today. As a basic material, aluminium is intrinsically sustainable, because the basic properties of aluminium do not change during processing. It can be recycled repeatedly without any loss in quality and reused in manufacturing various products. However, the primary production process of aluminium is quite […]
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