【Industry Information】
In March, the export of unwrought aluminum and aluminum products was 497,000 tons
According to data from the General Administration of Customs, China exported 497,000 tons of unwrought aluminum and aluminum products in March, and its cumulative imports from January to March were 1.378 million tons, a cumulative decrease of 15.4% year-on-year.
Yunnan Province’s implementation plan to promote the aluminum industry to accelerate the improvement of energy efficiency and promote the development of green and low-carbon transformation
The implementation plan of Yunnan Province to promote the aluminum industry to accelerate the improvement of energy efficiency and promote the development of green and low-carbon transformation has been released. The degree of contribution is determined by the special class of provincial power operation dispatching, and the scale of load management is moderately reduced. Encourage electrolytic aluminum enterprises and power generation enterprises to independently trade coal-fired power generation that exceeds the annual power generation plan, and the electricity that trades electricity prices that exceed 20% of the coal-fired benchmark price is not included in the scope of load management. Coal-fired power generation enterprises that have power generation capacity in addition to completing the annual power generation plan shall encourage electrolytic aluminum enterprises to purchase coal from outside the province through their own channels, and negotiate with power generation enterprises to process incoming coal for power generation.
Baise: The high-quality development of the aluminum industry is gratifying and strives to complete a total output value of 120 billion yuan this year
Nine key work goals in 2023: the city’s total output value of the aluminum industry strives to complete 120 billion yuan, an increase of 15%; the production capacity of electrolytic aluminum is fully released, with an output of more than 2.15 million tons; the output of aluminum products is more than 2.5 million tons; the continued construction of recycled aluminum projects is complete Putting into production, the output of recycled aluminum is more than 900,000 tons; the city uses imported bauxite to produce more than 20% of the alumina; supporting industries such as electricity, carbon, caustic soda have been further developed and expanded, and warehousing transactions, logistics, finance, technology and other supporting industries have been further developed. Complete. According to the person in charge of the Baise Bureau of Industry and Information Technology, it is estimated that in the first quarter, Baise City will complete 2.6 million tons of alumina, 550,000 tons of electrolytic aluminum, and 550,000 tons of aluminum materials, with an output value of 28.5 billion yuan.
Iran’s aluminum output in the first 11 months was 580,111 tons, a year-on-year increase of 15%
In the first eleven months of the previous Iran (March 21, 2022-February 19, 2023), Iran’s aluminum production reached 580,111 tons, a year-on-year increase of 15%. Among them, Southern Aluminum Co., Ltd. (SALCO) contributed the most output, with aluminum output reaching 248,324 tons during the period.
Rio Tinto’s Alma smelter hydroelectric aluminum expansion project in Quebec has started
Construction has begun on a low-carbon aluminum expansion at Rio Tinto’s Alma smelter in Quebec, which will boost its casting capacity by 202,000 tonnes. The $240 million expansion project will introduce new advanced equipment such as furnaces, casting pits, coolers, sawing and packaging systems. The project is expected to be commissioned in the first half of 2025. The project boosts Rio Tinto’s production of aluminum produced using renewable hydroelectric energy, with greater flexibility to meet the potential growing demand of North American extruders for products mainly used in the automotive and construction industries.
Egypt Aluminum plans to increase net profit after tax to 3.12 billion Egyptian pounds in fiscal year 23/24
Egypt Aluminum plans to increase its after-tax net profit to 3.12 billion Egyptian pounds in the 2023/24 fiscal year (as of June 30, 2024) and 3.02 billion Egyptian pounds in the 2022-23 fiscal year. The company also plans to boost sales to 26.6 billion Egyptian pounds in the 2023/24 fiscal year, compared with 20.5 billion Egyptian pounds in the same period of the previous fiscal year.
Post time: Apr-18-2023