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.
China’s alumina spot price accumulates RMB11/t to exceed RMB2900/t; A00 aluminium ingot price drops RMB30/t
The average alumina spot price in China has hiked by RMB 11 per tonne to stand at RMB 2,908 per tonne as of Thursday, December 15, found the Shanghai Metals Market data. In Shandong, Guizhou, and Guangxi, alumina price has escalated by RMB 15 per tonne to peg at RMB 2,865 per tonne, RMB 2,825 per...
US aluminium plates, sheets and bars imports from Oman heighten 48% M-o-M
In September 2022, the United States imported 15,200 tonnes of aluminium plates, sheets and bars from Oman, 47.57 per cent up from the previous month, found the US Census Bureau data. In August, the United States’ import volume from Oman was 10,300 tonnes, showing no change from the earlier month....
Australian aluminium giants back federal’s energy price cap bill to contain surging costs
Australia’s aluminium biggies reportedly support a federal plan to cap coal and gas prices to contain high energy bills, claiming energy-intensive industries are at risk until provided immediate price relief. The proposed price cap is $12 a gigajoule, which gas producers think will deter vital...
North America’s primary aluminium production in October’22 improves 4% M-o-M but drops 2% Y-o-Y
In October 2022, primary aluminium production in North America stood at 313,000 tonnes, rising by 3.99 per cent or 12,000 tonnes month-on-month. In September, the output was 301,000 tonnes, down by 4,000 tonnes or 1.31 per cent from 305,000 tonnes in August. Despite an increase in monthly...
US aluminium scrap imports decline 9% through 3Q2022; import from Canada falls below 100 thousand tonnes
The United States aluminium scrap imports in September 2022 stood at 50,200 tonnes, down by 9.39 per cent or 5,200 tonnes month-on-month from 55,400 tonnes, and 14.04 per cent or 8,200 tonnes less than 58,400 tonnes a year ago, found the US Census Bureau data. In the third quarter of 2022, the...
Vedanta curtails its aluminium wire rod & billet prices by 2% with effect from December 13
Vedanta Industries Limited has curtailed its aluminium products and aluminium ingot prices by 2.2 per cent or INR 5,500 per tonne, with effect from December 13, bringing the aluminium wire rod price to INR 235,750- 243,250 per tonne. Prior to this, the last revision of price was on December 6 when...
Hindalco amends aluminium ingot price after a week, cuts it by INR5500/t in line with LME price downtrend
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from Tuesday, December 13, following a hike a weak ago. According to the latest price chart revealed by the company, aluminium ingot price has experienced a cut of INR 5,500 per tonne or 2.36 per...
China’s bauxite imports grow 9% M-o-M to 8.98 million tonnes, with Guinea the top supplier
China’s bauxite imports in October 2022 amounted to 8.98 million tonnes, reflecting a month-on-month rise of 9.27 per cent but a year-on-year downfall of 5.87 per cent, found the General Administration of Customs. Guinea, being the top exporter, provided 4.41 million tonnes, up both M-o-M and Y-o-Y...
ASI certifies Novelis do Brasil LTDA against Chain of Custody Standard for aluminium rolling at Pindamonhangaba
According to a recent report, Aluminium Stewardship Initiative (ASI) has certified Novelis do Brasil LTDA against Chain of Custody (CoC) Standard V1 (2017) Certification for rolling operations at Pindamonhangaba, for fourteen aluminium cans collection centres throughout Brazil and one distribution...
China’s domestic metallurgical-grade alumina production in November’22 reflects 6% dip M-o-M
China’s domestic metallurgical-grade alumina production in November 2022 (30 calendar days) was 6.29 million tonnes, down by 5.84 per cent month-on-month from 6.68 million tonnes but up by 3.11 per cent year-on-year from 6.1 million tonnes, found the Shanghai Metals Market data. Average daily...
US alumina imports in 3Q2022 deteriorate sequentially to 445,000 tonnes; import from Brazil dwindles 33%
The United States’ alumina imports in the third quarter of 2022 deteriorated to return 445,000 tonnes, following a rise of 8.76 per cent in the previous quarter, found the US Census Bureau data. The import volume in Q1 was also at the same amount, followed by a sequential rise in Q2 to 484,000...
China’s aluminium production in November 2022 grows 9% YoY on capacity boost in Sichuan and Inner Mongolia
China’s aluminium production in November 2022 (30 calendar days) amounted to 3.34 million tonnes, which reflected an increase of 8.7 per cent year-on-year, found the Shanghai Metals Market. But on a month-on-month calculation, the output stood 2.05 per cent lower than 3.41 million tonnes (31...
Top 10 sustainability drives across the primary aluminium sector in 2022
Sustainability in the primary aluminium industry has grabbed the limelight this year. Both producers and consumers are increasingly making efforts to achieve a sustainable future. While the former are adopting innovative technologies and developing skills to reduce carbon emissions for producing...
LB Aluminium reports more than two-fold jump in net profit for H1 FY2023
On Tuesday, December 6, LB Aluminium Bhd, one of the largest aluminium extrusion manufacturers in Asia, declared an 81 per cent hike in its net profit for the 2nd quarter of FY23 ended October 31 from RM6.83 million in the previous year to RM12.35 million, thanks to higher average selling prices...
NALCO’s aluminium ingot price ascends by INR14700/t with effect from December 7
National Aluminium Company Limited (NALCO) has elevated its aluminium ingot and aluminium products prices, effective from December 7, in line with the LME aluminium price hike over a week. NALCO has significantly increased its aluminium ingot price by INR 14,700 per tonne or 6.6 per cent from INR...
US' crude and dried bauxite imports reflect a 4% QoQ growth in 3Q2022, with Turkey emerging as second leading supplier
In the third quarter of 2022, the United States imported 669,000 tonnes of crude and dried bauxite, recording a sequential growth of 25,000 tonnes or 3.88 per cent, found the US Geological Survey data. In the second quarter, the import volume was 644,000 tonnes, down by 12.50 per cent from 736,000...
Vedanta’s aluminium wire rod price sees a dip of INR1500/t with effect from December 3
Vedanta Limited trimmed its aluminium products and aluminium ingot price by INR 1,500 per tonne on Saturday, December 3. That brought the company’s aluminium wire rod price to INR 235,250-242,750 per tonne versus INR 236,750-244,250 per tonne on December 2. With the latest cut, Vedanta’s aluminium...
Hindalco elevates aluminium ingot price for the third day in a row this week by INR2750/t
Hindalco Industries Limited continued to escalate its aluminium ingot and aluminium products prices for the third day in a row, Friday, December 2. On Thursday, December 1, the company increased its aluminium ingot price by INR 3,500 per tonne to INR 224,000 per tonne, which further got raised by...
