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.
Aluminium demand in North America grows 6.3% YTD through 3Q2022 amounting to 21 bln. lb
The Aluminum Association has released its preliminary estimates in the monthly Aluminum Situation report, stating that aluminium demand in North America (US and Canada) has recorded a 6.3% year-to-date growth through the third quarter of 2022 ended September 30. Growth in the third quarter has...
Odisha Chief Minister lays ground for Vedanta’s mega aluminium park in the presence of Anil Agarwal
On Thursday, December 1, Odisha Chief Minister Naveen Patnaik reportedly laid the ground for Vedanta’s mega aluminium park at the Make in Odisha, 2022 Conclave by pressing the button in the presence of the company’s chairman Anil Agarwal. The Vedanta Aluminium Park, once developed, will be one of...
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Africa & Asia (ex-China)’s alumina production in Oct’22 reflects a 6% hike M-o-M, with daily output up 1,000 tonnes
According to the International Aluminium Institute (IAI), alumina production in Africa & Asia (ex-China) was recorded at 1.181 million tonne during October 2022. That reflected a month-on-month increase of 6.01 per cent from 1.114 million tonnes, following a sequential plunge of 6.86 per cent from...
Hindalco’s aluminium billets price accumulates INR2250/t with effect from November 30 after three cuts in a row
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices, with effect from November 30, following three back-to-back cuts on November 24, 25, and 29. Among Hindalco’s products prices, aluminium billets price has experienced a lift of INR 2,250 per tonne or 0.98...
Alba’s Chairman Shaikh Daij bin Salman leads Arabal 2022 delegation
Aluminium Bahrain B.S.C.’s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa, led the company’s delegation at the 24th edition of the Arab International Aluminium Conference and Exhibition (Arabal). The event, hosted by Egyptalum, began on November 29 and would continue...
US aluminium plates, sheets and bars exports to Canada accelerate growth rate amounting to 24,700 tonnes in Aug’22
In August 2022, the United States aluminium plates, sheets and bars exports to Canada grew by 3,800 tonnes or 18.18 per cent month-on-month to log at 24,700 tonnes, found the US Census Bureau data. In July 2022, the export volume from the US to Canada was 20,900 tonnes – only 800 tonnes more than...
Primary aluminium production in Russia & Eastern Europe improves 4% MoM during Oct’22; daily output shows no change
Primary aluminium production in Russia & Eastern Europe stood at 344,000 tonnes for October 2022, representing an increase of 3.61 per cent month-on-month. In September, the output was 332,000 tonnes, reflecting a decline of 5.14 per cent or 18,000 tonnes from 350,000 tonnes in August. That...
City of York Council to hold aluminium foil recycling competition for primary school students
Awareness programme for aluminium foil recycling is being spread out even to school students in York, the United Kingdom. The walled city in northeast England has designed a competition for primary school students during Christmas to make them learn the importance of recycling aluminium foil. A...
NALCO reduces its aluminium ingot price for the second time in a month to INR220,450-223,950/t
National Aluminium Company Limited (NALCO) has again curtailed its aluminium ingot and aluminium products prices, with effect from Tuesday, November 29, marking the second consecutive cut. NALCO’s aluminium ingot price has been reduced by INR 4,600 per tonne from INR 225,050-228,550 on November 19...
Primary aluminium inventories extend decline over the weekend by 2000 tonnes on Nov. 28
According to the Shanghai Metals Market, social inventories of primary aluminium across China’s eight major consumption areas stood at 516,000 tonnes, reaching a new low on Monday, November 28. Over the weekend, the inventories edged 2,000 tonnes lower than 518,000 tonnes on Thursday, October 24,...
World alumina production in October’22 regains 4% to 12.004 million tonnes, with daily output 0.65% higher M-o-M
The world alumina production in October 2022 saw a month-on-month increase of 4 per cent to stand at 12.004 million tonnes, found the International Aluminium Institute (IAI). In September, the output was 11.540 million tonnes, down by 3.86 per cent from 12.003 million tonnes in August. That...
Alba for the 11th year wins awards for Investor Relations at MEIRA Annual Conference and Awards 2022
Aluminium Bahrain B.S.C. (Alba) has bagged the awards titled ‘Leading Corporate for Investor Relations (IR) in Bahrain' and ‘Best Investor Relations Professional – Bahrain’ at the 2022 Middle East Investor Relations Association (MEIRA) Hybrid Annual Conference and Awards on October 24, 2022, in...
Coming Soon! AlCircle presents “Global Aluminium Expo 2023”
After three successful years, the AlCircle Team is once again gearing up to organise the fourth edition of its much-awaited virtual expo – Global Aluminium Expo 2023 . Although the world has started assembling in person on various occasions like the pre-covid era, virtual events have not lost...
LME aluminium price grows US$2/t to stand at US$2381/t; SHFE price glides down by US$40/t
LME aluminium opened at US$2,380 per tonne last Friday and closed at US$2,365 per tonne, down US$3 per tonne or 0.13 per cent. On Friday, November 25, both LME aluminium cash bid price and LME aluminium official settlement price inched up by US$2 per tonne to stand at US$2,345.50 per tonne and...
Vedanta further cuts its aluminium products prices by INR1750/t with effect from November 25
Vedanta Limited further curtailed its aluminium products and aluminium ingot prices for the second day in a row, with effect from Friday, November 25. Vedanta cut its aluminium wire rod price by INR 1,750 per tonne to sell the product at INR 229,250-236,750 per tonne versus INR 231,000-238,500 per...
LME aluminium benchmark price remained range-bound this week between US$2344-2346/t; SHFE reflected the same
LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, November 21, with a decline of US$26 per tonne and US$25 per tonne, respectively, to stand at US$2,342 per tonne and US$2,344 per tonne. But the next day, the prices jumped by US$51.50 per tonne and...
US monthly primary aluminium production records restraint in Sept’21, while Q3 output stands 5% down sequentially
According to the US Geological Survey, the United States' monthly production of primary aluminium in September 2022 stood restrained month-on-month at 61,000 tonnes. In contrast, daily average output edged 40 per cent higher at 2,020 tonnes versus 1,980 tonnes in August. On a year-on-year basis,...
Vedanta Ltd draws INR 2750/t from its aluminium ingot price, totalling INR223500-254500/t on Nov. 24
Vedanta Limited has reduced its aluminium ingot and aluminium products prices by INR 2,750 per tonne on Thursday, November 24, just after the day it hiked its products prices by INR 4,500 per tonne. The latest cut has brought the company’s aluminium ingot price to INR 223,500-254,500 per tonne as...
