AlCircle News Edited By "Debanjali Sengupta"
Debanjali Sengupta is a passionate content writer with 10 years of experience in Business writing, Web Content writing, Blogging, Editing and Research. She is responsible for generating and editing content for AlCircle Newsletter and other online and offline content for enhancing the brand value and its visibility among global users.
ASI certifies Guangyuan Linfeng Aluminum & Electricity against Performance Standard for ingot smelting with hydropower
Aluminium Stewardship Initiative has reportedly certified Guangyuan Linfeng Aluminum & Electricity Co., LTD against the Performance Standard V2 (2017) Certification for aluminium smelting activities at the Yuanjiaba Industrial Park, Guangyuan Economic and Technological Development Zone, China. The...
Chinese aluminium extrusion exports rebound to 82,200 tonnes in Nov’22 after continuous declines since mid-year
According to China customs data, Chinese aluminium extrusion exports amounted to 82,200 tonnes in November 2022, up by 8,100 tonnes or 10.9 per cent month-on-month but down by 6.7 per cent year-on-year. Gunagdong province accounted for 51.2 per cent of the total exports, followed by Shandong at 12...
World primary aluminium production reflects a monthly drop of 3.2% in November 2022
World primary aluminium production in November 2022 amounted to 5.611 million tonnes, reflecting a monthly drop of 3.21 per cent, showed the International Aluminium Insititute. However, the output in October recorded a month-on-month rise of 2.26 per cent from 5.669 million tonnes to 5.797 million...
Vedanta’s aluminium wire rod & billet prices experience a loss of INR3000/t on Dec. 20
Vedanta Limited has curtailed its aluminium products and aluminium ingot prices by INR 3,000 per tonne, with effect from December 20. That followed a cut of INR 2,750 per tonne in the previous week, December 17. With the latest cut, Vedanta’s aluminium wire rod price has come in at INR 230,000-...
ASI certifies Shandong Hongchuang Aluminium against Performance Standard for rolling operations
Aluminium Stewardship Initiative (ASI) has certified China Hongqiao Group’s subsidiary operation Shandong Hongchuang Aluminium Holding Co., Ltd., along with its three wholly-owned subsidiaries, against the Performance Standard V2 (2017) Certification. Shandong Hongchuang Aluminium Holding Co., Ltd....
LME aluminium price grows slightly by US$2.5/t; SHFE also hikes reaching at US$2673/t
LME aluminium opened at US$2,370 per tonne on Tuesday, December 20, with high and low at US$2,410 per tonne and US$2,363.50 per tonne, respectively, before closing at US$2,371.50 per tonne, a gain of US$1.5 per tonne or 0.06 per cent. On Tuesday, December 20, LME aluminium cash bid price slightly...
Five eminent institutions bearing invention flags in the aluminium industry
Aluminium is benefitting a lot these days from innovations brought in by eminent institutions across the globe. Some innovations have evolved the production processes of the metal, while others have advanced the technologies used in the processes. Here in this article, we have picked five...
US aluminium scrap exports record 1% dip Q-o-Q in 3Q2022; export from Malaysia plunge 31% sequentially
The United States aluminium scrap export volume dipped in September 2022 by 8,000 tonnes or 4.50 per cent, following a rise in the previous quarter, found the US Census Bureau data. From 178,000 tonnes in August, the United States aluminium scrap export decreased to 170,000 tonnes in the succeeding...
Hindalco cuts its aluminium ingot price for the fourth consecutive time by INR3000/t on Dec. 20
Hindalco Industries Limited has continued to cut its aluminium ingot and aluminium products prices for the fourth time in a row, effective from Tuesday, December 20. After a cut of INR 1,500 per tonne on December 17, Hindalco has further reduced its aluminium ingot price by INR 3,000 per tonne to...
Gränges breaks ground on Newport facility expansion to enhance aluminium battery cathode foil production
On Monday, December 19, Gränges reportedly broke ground on an expansion at its Newport facility to boost aluminium battery cathode foil (BCF) production. This investment positions Gränges as the first company in the US to fund BCF production. BCF is a crucial component for lithium-ion batteries,...
NALCO reduces its aluminium ingot price by INR6500/t w.e.f Dec 15
National Aluminium Company Limited (NALCO) reduced its aluminium ingot and aluminium products prices, with effect from December 15, following a significant rise of 6.6 per cent on December 7. NALCO this week cut its aluminium ingot price by INR 6,500 per tonne from INR 235,150-238,650 per tonne to...
Vedanta’s aluminium ingot price gains INR1250/t on December 16 as LME price grows slightly
Vedanta Limited’s aluminium ingot and aluminium products prices have rebounded on December 16 after a dip on the previous day. On Thursday, December 15, the company cut its aluminium ingot selling price by INR 1,250 per tonne to INR 228,250- 259,250 per tonne but added to same amount on the next...
Global aluminium producers offer $95-105/t premiums to Japanese buyers for 1Q2023
According to a report on Wednesday, December 14, global aluminium producers have proposed premiums of $95-$105 per tonne to Japanese buyers for the metal shipments during the first quarter of 2023. That is 4 per cent less than the current quarter, whilst at the same time, 6 per cent higher, as...
LME aluminium price augments by US$16.5/t to settle at US$2396/t; SHFE price nosedives by US$79/t
Three-month LME aluminium opened at US$2,446 per tonne on Thursday, December 5, with high and low at US$2,450 per tonne and US$2,375.50 per tonne, respectively, before closing at US$2,386 per tonne, a drop of US$66 per tonne or 2.69 per cent. On Thursday, December 15, LME aluminium cash bid price...
China’s primary aluminium inventories reach nearly 5-year low at 482,000 tonnes
China’s social inventories of primary aluminium have suffered a loss of 18,000 tonnes week-on-week to reach a new low on Thursday, December 15. According to the Shanghai Metals Market data, inventories have come in at 482,000 tonnes, the lowest in nearly five years. The figure is also 34,000 tonnes...
Hindalco slightly cuts its aluminium wire rod price by INR1250/t with effect from December 15
Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the second time in a row, although at a slower rate than earlier, with effect from Thursday, December 15. The company has trimmed its aluminium wire rod price by INR 1,250 per tonne or 0.5 per cent to sell the...
China’s primary aluminium production grows 9.4% in November’22 bringing total output in 11 months to 36.77 Mt
According to the National Bureau of Statistics (NBS), China’s primary aluminium production in November 2022 escalated by 9.4 per cent year-on-year as power restrictions eased, allowing some regions to ramp up output and small smelters to commence operations. NBS data showed China produced 3.41...
Recycled aluminium output from beverage cans reach record high in Europe with robust recycling rate of 73%
According to a report published by Metal Packaging Europe and European Aluminium, the recycling rate of aluminium beverage cans in the European Union, United Kingdom, Switzerland, Norway, and Iceland stood robust at 73 per cent in 2020. The total volume of aluminium recycled from cans was 510,000...
