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AlCircle News edited by "Beethika Biswas"

Beethika BiswasBeethika Biswas  beethika@alcircle.comBeethika is a vivacious content & media professional with 9+ years of experience in Web Content Writing, Newsletter & blog Management, Media Communication and Teaching. She is responsible for content strategy & development and media/marketing communication for AlCircle. Other than blogs and news, her forte lies in covering interviews of the who’s who of the aluminium industry.

Vedanta Resources completes Vedanta - Cairn merger

Vedanta Limited and Cairn India Limited have announced that the merger of Cairn India with Vedanta has become effective from today, April 12 2017. Based on CY 2016 reported EBITDA of diversified natural resources companies globally, Vedanta is ranked #6 among the global diversif ...

Primary Aluminium   |  
General   |
12/Apr/2017
Eurostat reports strong growth in aluminium scrap export by the EU

According to preliminary figures released by the EU statistics office Eurostat, exports of non-ferrous scrap metals from the EU in particular aluminium scrap shipments from the EU member states to non-EU countries were on the rise, after a decline in 2017. According to the Eur ...

Secondary Aluminium   |  
Market   |
12/Apr/2017
Vedanta Resources reports record aluminium production for FY 2017

Vedanta Resources releases production report for the Fourth Quarter and Full Year ended 31 March 2017 and registers record annual production for the aluminium segment. Commenting on the results, the present Chief Executive Officer, Tom Albanese said: "In line with our strategic ...

Primary Aluminium   |  
Market   |
12/Apr/2017
Australian bauxite production and export expected to rise in next three financial years

According to a Platts’ report, Australia is expected to produce 82.7 million tonnes of bauxite in FY 2016-2017 (July-June), up 1.22% YOY, as confirmed by the Department of Industry, Innovation and Science on Friday. Upcoming projects in the state of Queensland are expe ...

Bauxite   |  
Market   |
11/Apr/2017
China Zhongwang’s profit in 2016 up 12.1% on healthy automotive demand

According to an SMM report, China Zhongwang posted a 12.1% rise in net profit to 3.14 billion yuan in 2016. The rise in profit was primarily driven by rapid expansion in the automotive aluminium market in Asia, North America and Europe. The result was published in the company&rsq ...

Downstream Products   |  
Market   |
11/Apr/2017
Total aluminium imports by US and Canada up 50% through the first two months of 2017

As reported in the Aluminum Association’s “Index of Net New Orders of Aluminum Mill Products” for March increased 13.6% over February 2017. {newsStudioGallery} Month on month, orders for flat roll products (sheet, plate, can stock and foil) were up 14.7%, whil ...

Downstream Products   |  
Market   |
11/Apr/2017
Nalco rides high on bauxite

The last quarter of 2016 helped mining and metal companies witnessed a reversal of fortune as inventories decreased and metal prices rebounded slowly but steadily. Metal stocks started soaring, as investors participated actively on expectations of better times ahead. National Al ...

Bauxite   |  
Market   |
10/Apr/2017
Midwest Steel and Aluminium to expand its operations to Rogers

Midwest Steel and Aluminium is moving its operations to Rogers, Arkansas, USA in order to implement its $5.2 million expansion that will enable the company to double its space and hire 15 more people over its current capacity of 22 employees. Midwest Steel & Aluminum ...

Downstream Products   |  
Project   |
10/Apr/2017
Festka makes bicycle from recycled Nespresso aluminium coffee pods

Nespresso and Czech bicycle producer Festka have joined hands to come up with a unique product to promote aluminium recycling. Festka recycles the ubiquitous aluminium coffee capsules from Nespresso to fabricate a unique bicycle called the Festka Doppler. The bicycle was sold at ...

Secondary Aluminium   |  
General   |
09/Apr/2017
Top April aluminium events to look out for

Winter is over and the spring has slowly started putting colours in nature’s landscape. Positive trends in the global aluminium market, news of alumina and aluminium capacity cut in China and a stable US dollar have made April the perfect time to attend some of the major gl ...

Primary Aluminium   |  
General   |
08/Apr/2017
TALEX announces its expansion plan in Australia

UAE-based Taweelah Aluminium Extrusion Company (TALEX), a joint venture between Abu Dhabi’s SENAAT and Gulf Extrusions has announced its expansion plan in the city of Melbourne in Australian with an initial investment of AU$500,000 with a plan to increase it to $40 million ...

Downstream Products   |  
Project   |
07/Apr/2017
India expected to start auction of commercial coal mines shortly

The government of India may start the process of commercial coal mine auction once it receives public feedback on the discussion paper floated by the coal ministry.  These mines will not be restricted to any particular end use of the coal. The private miners will be able to ...

Primary Aluminium   |  
General   |
07/Apr/2017
WA’s mineral sales volume up in 2016, alumina remains flat

Western Australia’s mineral and petroleum industry has reported sales of A$94.8-billion in 2016, which registers an increase of A$3.4-billion YOY. The largest chunk of sale has been contributed by iron ore, nickel and petroleum sector.     Alumina is the third m ...

Alumina   |  
Market   |
06/Apr/2017
Metalprodex expands European metal trading platform for spot delivery

According to a Reuter’s report, a base metals buying and selling platform for physical spot delivery launched by German company Metalprodex in 2016 is expanding into metals trading using price premiums. "Price premium trading contracts have now been launched covering all ...

Primary Aluminium   |  
Market   |
06/Apr/2017
Taiwan imports the largest chunk of aluminium alloy from UAE

Taiwan ranks second in per capita aluminium consumption with a rate of about 33.3 kg. The island country has seen significant demand growth for aluminium alloy on the island. The country produces about 819,000 tonnes of aluminium domestically in four main categories: Se ...

Downstream Products   |  
Market   |
06/Apr/2017
LME aluminium edges up 1.2 %, trading resumes on a bullish note at SHFE

After dropping down to US$1,938 per tonne on Tuesday, April 4, LME aluminium closed at US$1,962 per tonne on Wednesday, April 5, registering 1.2% rise from last closing price. As seen by SMM, LME aluminium will move at highs on Thursday and will fluctuate between USD 1,950-1,990 ...

Primary Aluminium   |  
Market   |
06/Apr/2017
Alba reports higher sales & production volumes in Q1 2017

Alba has reported production and sales results for the first quarter of 2017. Aluminium Bahrain started 2017 with strong sales and production volume registering an increase of 4.9% and 5.6% YoY respectively. Sales volume in the first quarter of 2017 totalled 242,932 tonnes com ...

Primary Aluminium   |  
Market   |
05/Apr/2017
Aluminium foil import and export by UK drop YOY; focus on domestic deliveries

Aluminium foil characteristics are strength, formability and barrier properties which have made it an essential part of many flexible packaging and container applications along with its use in automotive and heat exchange components, insulation material and other industrial appli ...

Downstream Products   |  
Market   |
04/Apr/2017
US aluminium scrap recovery up 2.2% in January

According to the aluminium recycling statistics published by the U.S. Geological Survey and Department of Interior, the U.S. aluminium industry purchased an estimated 754 million pounds of aluminium scrap during January 2017, registering an increase of 2.2 % over the January 2016 ...

Secondary Aluminium   |  
Market   |
04/Apr/2017
Bushwacker designs aluminium fender flares for Jeep Wrangler

Bushwacker, which manufacturers and supplies body gear to automotive industry, especially jeep, SUVs and trucks has introduces reinforced aluminium fender flares for the ’07-current Jeep Wrangler JK. Bushwacker Fender Flares are made to be flexible enough to protect the ...

End User   |  
Transport - Trucks   |
04/Apr/2017