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Aluminium News

China's Chalco delays Boffa bauxite mine launch to 2020

By: Reuters     10th October 2019 Aluminum Corp of China, also known as Chalco, has delayed the launch of its Boffa bauxite project in Guinea until at least the first quarter of 2020, a company official said on Thursday. Construction on the project, expected to produce 12-million tonnes of the aluminium ore a year, would be... 

WTO slashes forecast for trade growth as conflicts mount

By: Reuters     1st October 2019 The World Trade Organization (WTO) cut its forecast for growth in global trade this year by more than half on Tuesday and said further rounds of tariffs and retaliation, a slowing economy and a disorderly Brexit could squeeze it even more. The WTO said it now expected global merchandise trade to... 

WTO director-general Roberto Azevedo
Photo by Reuters
WTO director-general Roberto Azevedo

Extrusion press concept for aluminium sector developed

By: Halima Frost     27th September 2019 As a global service partner for clients, metallurgical industry plant and integrated systems provider, SMS group has developed a concept for extrusion presses offering significant flexibility and efficiency for the steel and aluminium industries. “SMS group service technicians are specifically... 

KEEP ROLLING ROLLING ROLLING
A cold rolling production line supplied to an international client by SMS group
KEEP ROLLING ROLLING ROLLING A cold rolling production line supplied to an international client by SMS group

Demand growth continues to outweigh production growth

27th September 2019 Last month, macroeconomic researcher Fitch Solutions – a unit of the Fitch Group –reported that the global aluminum market will see a number of deficits over the coming years as solid demand growth, driven by the construction and autos sectors, outpaces production growth. Notably, the global... 

BUILDING SPEED
The construction and automotive sectors have seen solid demand growth which has outpaced production growth
BUILDING SPEED The construction and automotive sectors have seen solid demand growth which has outpaced production growth

Company launches recycled bicycle

27th September 2019 Global food and beverage company Nestle Global’s brand Nespresso has announced the launch of its fully recycled aluminium bicycle the RE:CYCLE – part of its drive to remain at the forefront of a circular economy and demonstrating its commitment to recycling. Aluminium is one of the world's most... 

THINK BIKE
For every Vélosophy bike sold a second bike will be donated to a developing country in an effort to aid poverty relief
THINK BIKE For every Vélosophy bike sold a second bike will be donated to a developing country in an effort to aid poverty relief

Govt looking to create 'certainty' in local steel, manufacturing industries 

By: Simone Liedtke     13th September 2019 Public Enterprises Deputy Minister Phumulo Masualle on Friday said the Department of Public Enterprises (DPE) was looking to create “a sense of certainty” in the local steel and manufacturing industries by leveraging investments from State-owned entities (SOEs). This, he told delegates at the... 

Govt looking to create 'certainty' in local steel, manufacturing industries
Public Enterprises Deputy Minister Phumulo Masualle discusses measures being implemented by government to create more certainty for the domestic steel and manufacturing sectors. Video: Kutlwano Matlala; Editing: Nicholas Boyd.

Partnership provides value to fabrication industry

By: Theresa Bhowan-Rajah     13th September 2019 Local nitrogen generator manufacturer NitraLife’s partnership with Swiss steel processing original-equipment manufacturer Bystronic is adding significant value to end-user customers in the fabrication sector. 

NITROGEN GENERATION
The NitraCut system was specifically designed for the laser cutting market
NITROGEN GENERATION The NitraCut system was specifically designed for the laser cutting market

South Africa should focus on the speed at which it adapts to 4IR – Manamela 

By: Simone Liedtke     12th September 2019 While the metals and engineering industries play a key role in preparing South Africa for the opportunities that the Fourth Industrial Revolution (4IR) brings, Higher Education, Science and Technology Deputy Minister Buti Manamela says the department’s focus will be on digital technologies, such... 

Higher Education, Science and Technology Deputy Minister Buti Manamela
Photo by Creamer Media's Dylan Slater
Higher Education, Science and Technology Deputy Minister Buti Manamela

Hulamin assures business remains strong as turnaround continues  

By: Tasneem Bulbulia     23rd August 2019 JSE-listed aluminium supplier and exporter Hulamin CEO Richard Jacob on Friday assured shareholders that the underlying business remained strong, despite the “painful period” the company was currently experiencing. He told Engineering News Online that this was evidenced by the company’s net debt... 

South32 settles on buyer for South Africa assets, reports impairment 

By: Esmarie Iannucci     22nd August 2019 Diversified miner South32 on Thursday reported a pre-tax impairment charge of $504-million over its South African Energy Coal assets for the year ended June, announcing that it has now entered into exclusive negotiations to divest of this asset. South32 in 2017 announced plans to divest of the... 

South32 CEO Graham Kerr
South32 CEO Graham Kerr

Hulamin warns of lower interim earnings

By: Marleny Arnoldi     20th August 2019 JSE-listed aluminium supplier and exporter Hulamin on Tuesday advised that its basic earnings a share for the six months ended June 30 would be at least 200% lower than the 13c reported for the six months ended June 30, 2018. The company warned that it was likely to report a basic loss a share... 

Tech provider upgrades control at Mozal Aluminium

9th August 2019 Industrial automation and information technology provider Rockwell Automation has migrated the control systems at mining and metals company South32’s Mozal Aluminium project’s furnace assembly and ladle cleaning shop to its modern DC sintering based on the PlantPAx design standard. 

Global aluminium demand set to outpace growth – Fitch

By: Tasneem Bulbulia     6th August 2019 The global aluminium market is likely to experience a number of deficits over the coming years as solid demand growth, driven by the construction and automotive sectors, outpaces production growth, says Fitch Solutions Macro Research. Fitch expects the global primary aluminium market to remain... 

Hulamin earnings to fall on lower rolled products, automotive demand

By: Tasneem Bulbulia     12th July 2019 A sharp decline in demand in the US common alloy market following overstocking, as well as a reduction in demand for heat-treated plate, has had a severe impact on the financial performance of Hulamin’s rolled products division in the first half of the current financial year. The JSE-listed... 

Rio Tinto's Icelandic aluminium plant attracts Glencore, Trimet – sources

By: Reuters     4th July 2019 At least three companies including Glencore and Trimet Aluminium have expressed an interest in buying Rio Tinto's aluminium assets in Iceland, Sweden and the Netherlands for up to $350-million, banking sources said. Rio Tinto restarted the sale process for the assets in late 2018, with the help... 

African nations join majority in opposing US blockage at WTO 

By: Reuters     26th June 2019 African countries have joined the list of nations wanting an end to a US veto on judicial appointments at the World Trade Organization (WTO), a statement showed on Wednesday, meaning a large majority of WTO member States now openly oppose the US position. The US is blocking new appointments... 

New drive technology meets industry demands

21st June 2019 The current trend of rolling high-strength materials requires higher torque capabilities at the drive train in metallurgical plants and stainless steel technical services and products provider SMS group’s drive technology meets this demand. “SMS group drive technology features rolling mill drive... 

Local steel exporters suffering amid lower US steel demand

By: Marleny Arnoldi     20th June 2019 Trade union Solidarity says South African exporters of steel and aluminium products are under severe pressure after the US recently granted Canada and Mexico exemption from steel and aluminium tariffs. The US in May lifted the 25% tariff on steel and the 10% tariff on aluminium for Canada and... 

Solidarity deputy general secretary Marius Croucamp
Photo by Creamer Media's Dylan Slater
Solidarity deputy general secretary Marius Croucamp

Steel Awards attracts record number of sponsors, entries

By: Marleny Arnoldi     13th June 2019 The South African Institute of Steel Construction (Saisc) says a record number of sponsors, as well as entries, have been received for this year’s Steel Awards, which will be hosted on October 10. Fourteen steel companies have pledged their support for this year’s event, a 40% increase... 

Saisc CEO Paolo Trinchero
Saisc CEO Paolo Trinchero

Powder coating for corrosion launched

31st May 2019 Global industrial coating supplier PPG has introduced its PPG Envirocron Extreme Protection Edge powder coatings for corrosion protection. PPG is represented in South Africa by paint manufacturer Prominent Paints, based in Alrode, Gauteng. 

LAY IT ON THIN
The sprayable powder is a one coat application
LAY IT ON THIN The sprayable powder is a one coat application

Association highlights advantages of hot dip galvanising

By: Halima Frost     31st May 2019 The steel industry has not been immune to the pressures of the recent global and domestic economic challenges and, as a result, a notable reduction in local consumption has been filtering through to the hot dip galvanizing industry. Hot dip galvanizing is a corrosion-control process for steel or... 

TAKE A DIP
Dipping steel into molten zinc allows for an effective corrosion barrier
TAKE A DIP Dipping steel into molten zinc allows for an effective corrosion barrier

Adjudicator says any security defence of US auto tariffs at WTO 'very difficult'

By: Reuters     28th May 2019 The US will find it "very difficult" to defend President's Donald Trump's proposed car tariff against any challenge at the World Trade Organization (WTO), a veteran trade adjudicator who has ruled on a related case told Reuters. Trump said this month that some imported vehicles and parts pose a... 

Russia's Rusal first-quarter value-added product sales down 44% on US sanctions

By: Reuters     30th April 2019 Russian aluminium producer United Company Rusal has reduced its first-quarter sales of value added products (VAP) by 44% from a year ago and by 22% from the last quarter of 2018 because of sanctions by the US. Washington imposed the sanctions on Rusal, the world's largest aluminium producer... 

Guinea boosts power output to foster bauxite refining

By: Reuters     29th April 2019 Guinea expects to boost its energy production capacity by nearly four-fold over the next six years as it pushes mining companies to refine their bauxite output locally, the energy minister said on Friday. The West African nation, Africa's biggest producer of the aluminium ore, is in the midst of... 

Global Witness welcomes LME’s new responsible sourcing rules 

By: Marleny Arnoldi     23rd April 2019 International nongovernmental organisation (NGO) Global Witness has welcomed the London Metal Exchange’s (LME’s) new responsible sourcing rules, which were published for public consultation on Tuesday. The exchange’s responsible sourcing roadmap is intended for LME-listed brands and builds on a... 

Global Witness welcomes LME’s new responsible sourcing rules

Tariff war will hammer global trade growth this year, WTO says

By: Bloomberg     2nd April 2019 The World Trade Organization (WTO) slashed its global trade growth projection for 2019 to the lowest level in three years, citing the impact of rising commercial tensions and tariffs. World merchandise trade growth will slow to 2.6% this year and 3% next year, after notching 3% in 2018, the WTO... 

LME waives listing fees for cobalt brands for six months

By: Reuters     26th March 2019 The London Metal Exchange (LME) on Tuesday suspended listing fees for new cobalt brands for six months to encourage interest from producers of the element widely used in rechargeable batteries. The LME, the oldest and largest market for industrial metals, launched a cash-settled cobalt contract... 

South32’s Mozal pledges $250 000 to aid Cyclone Idai recovery efforts

By: Tasneem Bulbulia     22nd March 2019 South32’s Mozal Aluminium smelter, which is located in the Mozambique capital Maputo, has pledged a $250 000 donation to support recovery efforts following the devastating impact of Cyclone Idai in the country. Commenting in a statement on Friday, Mozal VP Samuel Samo Gudo said the company had... 

Climate challenge harder than it seems, JP Morgan executive warns

By: Bloomberg     20th March 2019 The world isn’t cutting carbon emissions anywhere near quickly enough, a senior executive at JP Morgan Asset Management told clients this week – and changing that will require far harder choices than most people realise. In his annual 'Energy Outlook' report, Michael Cembalest, chairperson of... 

Hulamin reviews extrusions business, rolled products reaches record volumes 

By: Marleny Arnoldi     19th March 2019 JSE-listed aluminium supplier and exporter Hulamin’s rolled products division reported a “superb” manufacturing performance for the year ended December 31, 2018, increasing its sales by 6% to 228 000 t. This third consecutive year of record sales volumes from rolled products helped to offset... 

Hulamin reviews extrusions business, rolled products reaches record volumes

Hulamin expects 2018 headline earnings of 91c a share

By: Marleny Arnoldi     18th March 2019 JSE-listed aluminium supplier and exporter Hulamin expects to report a 4% year-on-year decrease in headline earnings a share to 91c for the year ended December 31, 2018. In anticipation of reporting its full-year results on March 19, the company on Monday said it expected to report a loss a... 

Retrenchments at South32’s Hillside smelter could affect up to 500 jobs – Solidarity

By: Nadine James     19th February 2019 Trade union Solidarity on Tuesday said it had received a retrenchment notice from South32’s Hillside aluminium smelter, in Richards Bay. The trade union stated that the retrenchment process could impact the lives of up to 30 000 people and, consequently, the entire Richards Bay area. 

China starts new recycling drive as foreign trash ban widens

By: Reuters     15th January 2019 China plans to launch 100 new large-scale recycling "bases" by the end of next year, part of a campaign to make better use of its resources after extending a ban on foreign trash imports. A long manufacturing boom has saddled China with millions of tonnes of waste, much of which is buried in... 

EU expected to clear steel import curb after Trump tariffs

By: Reuters     9th January 2019 European Union countries are expected to next week approve a scheme to limit imports of steel into the bloc following US President Donald Trump's imposition of tariffs on steel and aluminium entering the United States. The vote on Jan. 16 would put in place an effective cap on steel imports for... 

Enforcing local procurement rules would help offset weak demand  

By: Terence Creamer     14th December 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) wants government to take decisive action in 2019 to ensure that departments and State-owned companies (SoCs) honour their obligations to purchase designated steel products from domestic manufacturers. The organisation is also... 

Seifsa CEO Kaizer Nyatsumba
Seifsa CEO Kaizer Nyatsumba reflects back on 2018 and offer insight into prospects for the metals and engineering sector n 2019. Camera Work & Editing: Nicholas Boyd

South Africa's manufacturing output jumps, boosting rand 

By: Reuters     11th December 2018 South Africa's manufacturing output rose more than expected in October to its highest level since June 2016, data showed on Tuesday, lifting the rand as the economy showed further signs of recovering from recession. Africa's most industrialised economy slipped into recession after contractions in... 

South Africa's manufacturing output jumps, boosting rand

Nampak produces ‘pleasing’ FY18 results despite challenging environment

By: Nadine James     27th November 2018 Packaging company Nampak has achieved positive results for its continuing operations for the financial year ended September 30, with profit up 29% year-on-year to R1.2-billion and headline earnings a share up 15% year-on-year to 168.7c a share. Nampak CEO André de Ruyter told Engineering News... 

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