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 aluminium extrusion exports improve 13% M-o-M in July 2022, with Guangdong remaining the highest exporter
According to China Customs data, the country exported 93,300 tonnes of aluminium extrusion (HS codes 76041010, 76041090, 76042100, 76042910, 76042990) in July 2022. That was 10,600 tonnes or 12.8 per cent more than the previous month and 14.3 per cent higher than a year ago. Guangdong continued as...
Vedanta expands its aluminium wire rod price for the second day in a row by 2% on August 27
Vedanta Limited continued to expand its aluminium products and aluminium ingot prices on Saturday, August 27. The company hiked its aluminium wire rod price by INR 4,750 per tonne or 2 per cent to INR 237,250- 244,750 per tonne. On August 26, the price stood at INR 232,500- 240,000 per tonne,...
Swiss National Bank and other investors enhance share position in Kaiser Aluminum
As per the report published recently, Swiss National Bank raised its share in Kaiser Aluminum Company, an American value-added aluminium producer, by 7.4 per cent during the first quarter of 2022. The institutional investor bought an additional 2,600 shares of Kaiser’s stocks, totalling 37,500...
North America’s primary aluminium production in July’22 continues monthly downtrend; Output in South America heightens by 8%
According to the International Aluminium Institute, primary aluminium production in North America during July 2022 continued to decline month-on-month by 6,000 tonnes or 1.92 per cent standing at 306,000 tonnes. The output in June plunged by 13,000 tonnes from 325,000 tonnes in May to 312,000...
World alumina production in July’22 edges 3.56% higher on month to 12.152 Mt, with a marginal increase in daily output
In July 2022, world alumina production totalled 12.152 million tonnes, registering a month-on-month rise of 3.56 per cent, found the International Aluminium Institute. The output in June stood at 11.734 million tonnes, down by 2.69 per cent from 12.058 million tonnes in May. On a year-on-year...
Hindalco’s aluminium ingot price experiences an increase of INR2000/t with effect from August 26
Hindalco Industries Limited has added on INR 2,000 per tonne to its aluminium ingot and aluminium products prices, with effect from Friday, August 26. This brings the company’s aluminium wire rod price to INR 238,350 per tonne, compared with INR 236,350 per tonne on August 25. Hindalco’s aluminium...
LME aluminium price trended up this week by US$107.50/t; SHFE price accumulated US$18/t through the week
The LME aluminium benchmark price has reflected an upswing movement through the week by US$107.50 per tonne, with only an intermittent downfall. Both LME aluminium cash bid price and LME aluminium official settlement price started the week with a rise of US$11.50 per tonne or 0.48 per cent to...
NALCO’s aluminium ingot price builds up INR4100/t on August 26 in response to LME price uptrend
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium products prices for the first time this month on August 26, following two consecutive cuts on August 1 and August 18. NALCO has raised its aluminium ingot price by INR 4,100 per tonne or 1.8 per cent to INR...
Mercedes-Benz receives ASI Performance Standard certification for aluminium vehicle body production at press shops
Mercedes-Benz Group AG, a German multinational automotive corporation, has received Performance Standard V2 (2017) Certification from the Aluminium Stewardship Initiative for aluminium vehicle body and structural parts production at its five European press shops. The automobile company has bagged...
Production vs Reduction: European aluminium smelters being victim to energy price surge
European aluminium smelters have once again ramped up their production cuts owing to soaring electricity prices. Since 2021, 1 million tonnes of total 4.5 million tonnes of Europe’s aluminium production capacity has been reduced, while another 500,000 tonnes is under threat, according to Citi...
Hindalco Industries’ aluminium ingot price drops by INR1750/t with effect from August 25
Hindalco Industries Limited has trimmed its aluminium ingot and aluminium products prices, with effect from Thursday, August 25, following a hike a day ago. The company has cut its aluminium ingot price by INR 1,750 per tonne to INR 225,250 per tonne. On August 24, the price was increased by INR...
Africa’s July primary aluminium production rebounds to 139,000 tonnes, with daily average output growing 2% M-o-M
Along with the month-on-month hike in the world primary aluminium production during July 2022, output in Africa has recorded an increase of 4,000 tonnes or 2.96 per cent to bounce back at 139,000 tonnes in the said month. According to the International Aluminium Institute, Africa’s primary...
S27 Alehouse & Brewery brings to notice the struggle of US brewers for aluminium can shortage
Lucas Szymanowski, the co-founder of S27 Alehouse & Brewery in San Jose, California, has talked about the unavailability of aluminium cans to package craft beer. In his words, "Cans have been the biggest problem for us.” Brewers across the United States are facing aluminium can shortage, which...
Vedanta expands its aluminium ingot price by 2% with effect from August 24
Vedanta Limited has expanded its aluminium ingot and aluminium products prices for the two back-to-back days, with effect from Wednesday, August 24. The company has increased its aluminium ingot price by INR 4,500 per tonne or 2 per cent to INR 224,750- 254,250 per tonne. On the previous day, the...
Hindalco builds India’s first all-aluminium railway rake, says Kumar Mangalam in 63rd AGM
On Tuesday, August 23, Mr Kumar Mangalam Birla announced in the 63rd Annual General Meeting of Hindalco Industries that the company developed India’s first all-aluminium railway wagon. The railway rake made from lightweight, high strength aluminium alloys is 180-190 tonnes lighter than a steel...
Increasing demand for beverage cans leads to multiyear high US aluminium can sheet imports in 2Q2022
The United States imports of aluminium can body sheet hit the highest since at least 1998 in the second quarter of 2022 ended June 30, driven by a strong demand for beverage cans and increased mill investments in Asia targeting North American consumers. As per the data released by the US Department...
Novelis’ 14 aluminium scrap collection centres in Brazil bag ASI Performance Standard certification
On Tuesday, August 23, Novelis Inc., an American industrial aluminium company specialised in rolling and recycling, announced that it achieved Performance Standard Certifications from the Aluminium Stewardship Initiative for its 14 aluminium scrap collection centres across Brazil. This...
Federal Government’s new bill seems to be a saviour for Alcoa Intalco aluminum smelter
Alcoa Intalco aluminum smelter sees a silver lining once again to restart its operation, as the climate and health care bill has been passed by Congress and signed by President Joe Biden with provisions that could help the resumption of the smelter’s operation. Already the reopening campaign for...
