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Daily Intelligence Briefing
▶ Alex's Daily Alu Digest
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Thursday, 02 April 2026
5 stories selected
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LME Aluminium
$2,485/t
+$12 (+0.5%)
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Cash settlement · USD/t
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Novelis / Hindalco
AlCircle
· 02 Apr
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#1
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Novelis has announced a €300 million expansion of its Göttingen plant to double closed-loop aluminium recycling capacity by 2027. The investment supports the company's target of achieving 80% recycled content across its European operations.
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Competitor
Fastmarkets
· 02 Apr
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#2
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Constellium posted a 12% year-on-year increase in automotive sheet shipments in Q4 2024, driven by EV lightweighting demand across German OEMs. The company is expanding its Neuf-Brisach facility to meet growing demand.
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Trade Policy
Reuters
· 02 Apr
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#3
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The European Commission issued its first CBAM non-compliance fines totalling €4.2 million to aluminium importers who failed to submit 2024 transition period reports. Industry bodies warn the full mechanism in 2026 will add €180–220/t to primary aluminium import costs.
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Market Data
Metal Bulletin
· 02 Apr
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#4
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LME three-month aluminium rose $18 to $2,497/t as scrap availability tightened ahead of summer construction season in Europe. Analysts note that European P1020 premiums have widened to $175/t over LME, the highest since Q3 2023.
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Recycling & ESG
Aluminium International Today
· 02 Apr
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#5
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A new report from European Aluminium shows recycling rates for flat-rolled products reached 76% in 2024, up from 71% in 2022. The beverage can segment led with a 90% recycling rate, reinforcing the closed-loop narrative central to Novelis's sustainability strategy.
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