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.
Vedanta’s aluminium billet price accumulates INR6000/t on Oct. 21 in response to LME price hike after four days
Vedanta Limited has hiked its aluminium products and aluminium ingot prices with effect from October 21 in response to the LME aluminium price rally after four consecutive days of decline. Vedanta’s aluminium wire rod price has accumulated INR 6,000 per tonne to range between INR 221,250- 228,750...
Infinitely recyclable Ball Aluminium Cup® is now available in 9-ounce and 12-ounce sizes
On Thursday, October 20, Ball Corporation, the world leading infinitely recyclable aluminium beverage packaging provider, announced the launch of the two new sizes of Ball Aluminium Cup® to offer consumers a complete portfolio of sustainable cup options. Hence, the cup is now also available in...
LME aluminium price soars 6.6% to stand at US$2374/t; SHFE builds up by US$26/t
LME aluminium moved around the 5-day moving average after opening at US$2,330 per tonne on Thursday, and closed at US$2,337 per tonne, a decrease of 0.64 per cent. On Thursday, October 13, LME aluminium cash bid price skyrocketed by US$147.50 per tonne or 6.63 per cent to stand at US$2,373.50 per...
LME plans to limit aluminium trade with Russia; Chinese producers to reap benefit
According to Platts analytics, domestic aluminium prices in China have increased over a week based on the possibility that the London Metal Exchange may curb the entry of Russian metal, Beijing’s support for domestic producers, and production cut in both Europe and China. There is also a...
Vedanta’s aluminium ingot price further shrinks by 2% with effect from October 12
Vedanta Limited has continued to reduce its aluminium ingot and aluminium products prices, with effect from Wednesday, October 12. The company has further axed its aluminium ingot price by INR 5,000 per tonne or 2.3 per cent to INR 212,250- 242,750 per tonne. On the previous day, it stood at INR...
China’s A00 aluminium ingot price grows by RMB60/t after an intermittent drop; Aluminium alloy(A356) price touches RMB20,000/t level
China's domestic A00 aluminium ingot price has again registered a rise on Thursday, October 13, after an intermittent dip last day. According to the Shanghai Metals Market, the price has increased by RMB 60 per tonne to peg at RMB 18,480 per tonne. The average prices are expected to range between...
ASI certifies RONAL GROUP against Performance Standard Certification for designing and manufacturing light aluminium alloy wheels
Aluminium Stewardship Initiative has granted RONAL GROUP, a designer, manufacturer and distributor of light aluminium alloy wheels, with Performance Standard V2 (2017) Certification. The company has bagged the recognition with a Material Stewardship focus at production sites RONAL POLSKA Sp. z o.o....
South America’s alumina production in Aug’22 gains 8% Y-o-Y to 996,000 tonnes but output in North America dips 1000 tonnes
In August 2022, alumina production in South America stood at 996,000 tonnes, reflecting an increase of 22,000 tonnes or 2.21 per cent month-on-month. In July, the output totalled 974,000 tonnes, a surge of 73,000 tonnes or 8.10 per cent from 901,000 tonnes in June. That brought the three-month...
Hindalco Industries cuts its aluminium wire rod & billet prices for the second day by INR5000/t
Hindalco Industries Limited has back-to-back cut its aluminium products and aluminium ingot prices on October 11 and 12. As per the revised prices revealed, Hindalco’s latest aluminium wire rod price is standing at INR 221,100 per tonne versus INR 226,100 per tonne on October 11. Today, the price...
LME aluminium price falls for the third day in a row to US$2218.5/t; SHFE price dips by US$14/t
Three-month LME aluminium hit a low of US$$2,191 per tonne after opening at US$2,255 per tonne on Tuesday, October 11, but then rallied and closed at US$2,251 per tonne, down 0.16 per cent. On Tuesday, October 11, LME aluminium cash bid price and LME aluminium official settlement price continued to...
Alumobility to present advance aluminium use in automotive at EuroCarBody’s 24th Global Car Body Benchmarking Conference
Alumobility, a global ecosystem of leading aluminium and downstream technology partners focusing on advanced use of aluminium by automakers, will present the results of a case study on Superior Economic and Sustainability Performance of an Aluminum Vehicle Body, including cost of ownership and life...
Alumina spot price in China slips by RMB5/t to stand at RMB2835/t; A00 aluminium ingot price remains muted
The average alumina spot price in China has continued to slip by RMB 5 per tonne to clock at RMB 2,835 per tonne on Tuesday, October 11, found the Shanghai Metals Market. In Henan, Shanxi, and Guangxi, alumina price has slid by RMB 5 per tonne to stand at RMB 2,910 per tonne, RMB 2,780 per tonne,...
Vedanta’s aluminium wire rod price suffers a loss of INR5250/t on October 11
Vedanta Limited has axed its aluminium products and aluminium ingot prices, with effect from Tuesday, October 11, following three back-to-back hikes. According to the revised prices revealed, the company’s aluminium wire rod price has seen a slash of INR 5,250 per tonne to range between INR...
Gravita India starts commercial aluminium production at a new recycling plant in Senegal
Gravita India, Jaipur-based aluminium recycler and alloy ingot producer, has reportedly announced the start of commercial aluminium production at a new recycling plant owned by its step down subsidiary situated in Senegal, West Africa. The plant, with an annual capacity of around 4,000 MTPA,...
China’s primary aluminium inventories experience speedy recovery during National Day holiday to stand at 674,000 tonnes
The Shanghai Metals Market survey found social inventories of primary aluminium built-up 55,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, during the National Day holiday ended October 7, 2022. As of Saturday, October 8, inventories totalled 674,000 tonnes, up by...
Novelis breaks ground on its new aluminium rolling and recycling plant worth $2.5 billion
Novelis Inc., the leading producer of aluminium flat-rolled products and the world’s largest recycler, has reportedly broken ground and started construction of its recycling and rolling plant in Bay Minette, Alabama. The project costs $2.5 billion, with advanced facilities, and is expected to...
LME aluminium price escalated by US$178/t this week to settle at US$2342/t; SHFE was closed for National Day holiday
The LME aluminium benchmark price soared through this week except the fact it started with a decline. On Monday, October 3, LME aluminium cash bid price and LME aluminium official settlement price slumped by US$16.5 per tonne and US$16 per tonne, respectively, to initiate the week at US$2,163 per...
NALCO’s aluminium ingot price soars by INR19800/t with effect from October 6, 2022
National Aluminium Company Limited (NALCO) has significantly raised its aluminium ingot and aluminium products prices, effective from Thursday, October 6, following a sharp cut on September 27. NALCO’s aluminium ingot price has witnessed a surge of INR 19,800 per tonne to stand at INR...
