Alex's Daily Alu Digest
Friday, 24 April 2026
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4 stories
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LME Aluminium
$3,642/t
-$10 (-0.3%)
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Cash settlement · USD/t
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ECDP
$585/t
$0 (0.0%)
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P1020A in-whs dp Rotterdam · USD/t
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Novelis / Hindalco
24 Apr
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#1
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Novelis recognised for 100% scrap product
Novelis received the MMK Award of Excellence 2026 for a fully circular aluminium sheet produced from 100% end-of-life vehicle scrap, qualified for exterior automotive body panel applications.
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Aludium Eco expanding with 'Closed Loop' — a new low-emissions product range
Aludium will expand its Aludium Eco product line in 2026 with a 'Closed Loop' sub-range using a high percentage of recycled aluminium to reduce carbon footprint and meet customer circular economy targets.
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Novelis angle
Aludium directly competing on recycled-content premium sheet mirrors Novelis's product positioning, raising competitive pressure in the European flat-rolled market for sustainability-driven customers.
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Sustainability & Recycling
24 Apr
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#3
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Aluminum beverage can recycling rate hits 75% globally
An Eunomia report released ahead of COP30 found that global aluminium beverage can recycling rates have reached 75%, the highest of any packaging material and ahead of glass and PET.
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Novelis angle
A 75% global can recycling rate validates the closed-loop economics underlying Novelis's can body sheet business and its £90M Latchford recycling hub expansion, reinforcing the case for brand owners to sustain recycled-content commitments.
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Trade & Regulation
23 Apr
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#4
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From policy to recycling loops: sustainability push and recycled aluminium reshape global value chains
EU PPWR, which becomes fully mandatory in August 2026, and the operational phase of CBAM are jointly accelerating closed-loop recycled aluminium investment while making high-carbon primary aluminium imports more expensive for European buyers.
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Novelis angle
The simultaneous activation of PPWR recycled-content mandates and CBAM carbon pricing creates a structural policy tailwind for Novelis's high-recycled-content FRP products and penalises primary-aluminium-dependent competitors.
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