Some Chinese lead smelters may leave the market due to the pressure of environmental protection policies, an analyst at the China Nonferrous Metals Industry Assn said. Continue reading
U.S.-based Novelis expects a 3 percent rise in rolled aluminium product demand in Europe in 2016, despite the knock-on impact of sluggish growth in China, its European head said. Continue reading
Alcoa lowered its forecast for the 2015 global aluminum surplus to 551,000 tonnes from its second-quarter estimate for a 762,000-tonne surplus, the company said in a presentation to announce its third-quarter financial results on Thursday. Continue reading
Nearly 200 countries seek December accord over carbon-dioxide emissions at UN-sponsored negotiations in Paris
The recent falls in UK aluminium scrap prices have slowed as the supply surplus has eased, with less aluminium scrap being collected domestically and more material being sold into international markets.
Global aluminium production reached a new high in March despite cuts to capacity by the biggest manufacturers.
Whilst the global need for aluminium is increasing, the issue of its environmetal footprint is the subject of ongoing debate. The energy necessary for aluminium manufacturing at certain facilities using thermal coal is responsible for five times more CO2 emissions compared to production of aluminium with the use of renewable energy. Continue reading