Alex's Daily Alu Digest
Tuesday, 09 June 2026
|
3 stories
|
|
|
LME Aluminium
$3,615/t
-$13 (-0.3%)
|
Cash settlement · USD/t
|
|
|
ECDP
$565/t
-$20 (-3.4%)
|
P1020A in-whs dp Rotterdam · USD/t
|
|
Gränges sets 2026 growth targets at capital markets day following record 2025 operating profit
Gränges held its Capital Markets Day in Stockholm on June 2, reporting that 2025 was a record year for operating profit driven by market share gains and volume growth; management set a 2026 target of low-to-mid single-digit sales volume growth, underpinned by the successful ramp-up of its new Shandong, China facility.
|
Novelis angle
Gränges' record automotive heat-exchanger volumes and China expansion confirm robust downstream aluminium demand in EV thermal management — a segment adjacent to Novelis's battery enclosure and automotive sheet business in Europe.
|
READ FULL STORY ↗
|
|
|
Sustainability & Recycling
08 Jun
|
#2
|
Meadow launches aluminium-based refill system for consumer goods market
Startup Meadow launched an aluminium-based refillable packaging system for consumer goods brands designed to meet EU Packaging and Packaging Waste Regulation (PPWR) and California SB54 mandates requiring refillable formats, positioning aluminium as a preferred material for sustainable consumer packaging.
|
Novelis angle
EU PPWR is driving aluminium adoption in consumer goods beyond traditional can sheet, creating emerging FRP specialty demand in refillable formats that could expand Novelis's European addressable market.
|
READ FULL STORY ↗
|
|
Geopolitical uncertainties persist as domestic and international aluminium prices diverge in volatile trading
International aluminium prices have held above $3,600/t due to Middle East naval blockade impacts on Gulf smelters, while Chinese domestic prices remain at a discount from overcapacity, creating a persistent divergence that is reshaping global aluminium trade flows heading into mid-2026.
READ FULL STORY ↗
|
|
|
|
|