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AlCircle China
www.chinese.alcircle.com
AlCircle News edited by "Dipanwita Gupta"

Dipanwita GuptaDipanwita Gupta  dgupta@alcircle.comDipanwita Gupta is a communication professional with 6+ years of experience in Business writing, News & PR development, Web Content writing, Blogging, Sub-editing, and Research. She is responsible for generating content for AlCircle Newsletter and other online and offline marketing collaterals to expand the brand’s reach and visibility among its global users.

Revenue earning potential of Vietnam bauxite exports stands high, but there’s a big ‘but’

Indonesia’s stepping back from bauxite export market saw many countries leveraging the opportunity and making it big over the years. Guinea came up in a big way, and there were the quintessential big players like Australia, Brazil, followed by China and India. One country t ...

Bauxite   |  
Market   |
28/Jul/2017
Aluminium China 2017 provides a Perfect Launchpad for AlCircle China

Aluminium China 2017 was special for AlCircle. The mega event and indubitably Asia's top trading, sourcing, networking and branding platform for the whole aluminium industry value chain stood witness to AlCircle reaching an important milestone in its journey since 2010. The leadi ...

Primary Aluminium   |  
General   |
28/Jul/2017
LME aluminium to stay neutral at US$1,928-1,939/t; SHFE aluminium will drop

LME aluminium is gaining in momentum. The light metal, as expected, climbed up to US$1,923 per tonne on Thursday, July 27, from its earlier close of US$1,923 per tonne. However, the uptrend is going to slow down in the short term as the metal contract faces strong resistance abov ...

Primary Aluminium   |  
Market   |
28/Jul/2017
NALCO expands value-added portfolio: Starts producing AA 3105 aluminium alloy

India’s Navaratna public sector enterprise and leading integrated aluminium producer National Aluminium Company Limited (NALCO) has strengthened its value-added portfolio. The company started production of AA 3105 aluminium alloy comprising aluminium, manganese, and magnesi ...

Downstream Products   |  
General   |
27/Jul/2017
Major aluminium scrap prices drop across China markets as demand weakens

The prices of aluminium scrap commodities fell across major regional markets in China as demand weakened among recyclers. In the wake of recent pollution control checks initiated by the government many secondary aluminium producers were forced to scale down their operations. Henc ...

Secondary Aluminium   |  
Market   |
27/Jul/2017
LME aluminium may rise as dollar index falls to 13-month low

LME aluminium is on a moderate uptrend. With the dollar index hovering near the lowest since June 2016 following the Fed’s decision not to hike interest rate, the light metal is expected to gain in the short term. After night trading on Wednesday, July 26, LME aluminium clo ...

Primary Aluminium   |  
Market   |
27/Jul/2017
Mercedes Benz’s India electric car venture may bring cheer to domestic aluminium part makers

After Tesla it is turn now for the luxe car maker Mercedes Benz to turn to India for setting up its next electric car manufacturing base. The German automaker has approached Indian government to consider offering incentives on electric car manufacturing till the time local output ...

End User   |  
Transport - Automobiles (cars)   |
27/Jul/2017
After aluminium-built N2’s success, nubia plans US$100 mn investment in India

The noted Chinese android smartphone manufacturer nubia has announced a US$100 million investment for manufacturing in India over the next few years. The ZTE sub-brand that debuted in Asia’s fastest growing smartphone market last year and have successfully launched seven ha ...

End User   |  
Others - Electronic Devices – Cell Phone Body, Laptop Chassis etc.   |
26/Jul/2017
Vedanta’s Q1 FY18 net doubles on strong aluminium production run rate

The diversified natural resources company with aluminium operations in India, Vedanta Limited reported improved bottomline for Q2 FY 2017-18. The company’s Aluminium business registered strong exit production run rate of 1.4 million tonnes per annum from continued ramp-up. ...

Primary Aluminium   |  
Market   |
26/Jul/2017
LME aluminium inches up but likely to face downward correction

LME aluminium edged higher boosted by the gain in crude oil prices. The light metal, which is still trading below US$1,900 per tonne, closed higher at US$1,896.50 per tonne on Tuesday, July 25, up from its earlier close of US$1,890 per tonne. However, the gain is unlikely to sust ...

Primary Aluminium   |  
Market   |
26/Jul/2017
Skill India: Yamaha Motor’s new training centre officially opens its doors in Chennai

Leading Japanese two-wheeler manufacturer Yamaha Motor has opened a motor parts manufacturing and assembly training school in India. The opening ceremony of the institute named Yamaha Motor NTTF Training Centre (YNTC) was held last Friday, July 21, at the company’s Chennai ...

End User   |  
Transport - Motorcycles   |
26/Jul/2017
China dumping solar panels hurts aluminium frames market; India launches AD probe

In response to a petition by the Indian Solar Manufacturers Association (ISMA) the Directorate of Anti-Dumping & Allied Duties, India, has initiated an investigation against solar equipment imports from China. The solar cell and equipment imports, the Association claims, are ...

End User   |  
Construction - Solar Energy Plants   |
25/Jul/2017
China's aluminium semi-finished and finished products exports surge in June and H1 2017

According to the export import data released by the General Administration of Customs on July 24, China's exports of aluminium semis and finished products for June 2017 increased by around 20 per cent on year-on-year basis, while exports for the first six months of 2017 surged by ...

Downstream Products   |  
Market   |
25/Jul/2017
China alumina prices drop sporadically as spot market braces for added supply

China alumina spot market is bracing for an increased supply as illegal aluminium capacity closure is expected to add nearly 170,000 tonnes of alumina to it, reported Shanghai Metals Market.  Driven by the speculation, alumina prices in some of China’s major markets dr ...

Alumina   |  
Market   |
25/Jul/2017
LME aluminium price volatility could extend with the growing resistance

The recent volatility in LME aluminium prices seems to be extending further. The light metal contract which edged marginally higher at US$1,901 per tonne on Friday, July 21, fell again to US$1,890 per tonne on Monday, July 24. The drop in aluminium prices can also be partly attri ...

Primary Aluminium   |  
Market   |
25/Jul/2017
Post GST, effective coal prices drop by 2-3% for Indian aluminium producers

The implementation of the Goods and Service Tax (GST) regime has resulted in the decrease of effective coal prices by 2-3 per cent for aluminium producers in India. The new tax structure has subsumed several additional taxes making power a little cheaper for the domestic players ...

Primary Aluminium   |  
Market   |
24/Jul/2017
No exemption to aluminium cans in Sec. 232 probe: Aluminum Association urges U.S. Commerce

The Aluminum Association President Heidi Brock wrote a letter to the secretary of the U.S. Commerce Department urging him not to exempt aluminium cans allegedly dumped by China in the U.S. market from the ongoing Section 232 investigations.  Earlier this month, Can Manufactu ...

End User   |  
Packaging - Beverage Cans   |
24/Jul/2017
India’s bauxite exports to ebb in Q2 FY2018; PM calls for faster mine operationalisation

After hitting the highs of around 1.28 million tonnes in Q2 FY 2016-17, India’s bauxite export is inching towards a decline, as steep as 59.7per cent year-on-year, reveals global export-import trade estimate. The country exported an estimated volume of 4.12 million tonnes o ...

Bauxite   |  
Market   |
24/Jul/2017
Alumina Outlook for H2 2017: Market to be in little surplus & prices will get moderated

Driven by the unstoppable China appetite, alumina prices have rallied till now in H1 2017. But a look at the current price trend will reveal a moderating pace. With China slashing aluminium smelting capacity in major production hubs and further production control looming large fo ...

Alumina   |  
Market   |
24/Jul/2017
A00 Aluminium Ingot prices inch higher across major China markets; Chalco cuts prices

The prices of A00 Aluminium Ingot inched higher across major China markets though there was no fresh news of domestic aluminium output cut after Xinjiang and Shandong. The demand for the metal is estimated to drop in the fourth quarter of the current financial year, when focus wi ...

Primary Aluminium   |  
Market   |
24/Jul/2017