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.
Alumina production in Europe (incl. Russia) reflects a 14% fall Q-o-Q in the June quarter
Alumina production in Europe (incl. Russia) during the second quarter of 2022 amounted to 2.098 million tonnes (incl. metallurgical-grade), reflecting a downfall of 13.66 per cent quarter-on-quarter from 2.430 million tonnes. On a year-on-year basis, the quarterly output decreased by 18.65 per cent...
Vedanta Limited trims aluminium wire rod & billet prices by INR1250/t with effect from July 30
Vedanta Limited trimmed its aluminium products and aluminium ingot prices, with effect from Saturday, July 30, in line with a drop at the end of last week, July 29. Vedanta cut its aluminium wire rod price by INR 1,250 per tonne from INR 233,500- 241,000 per tonne to INR 232,250- 239,750 per tonne....
Sabahan couple makes it to the news by upcycling aluminium can caps into sustainable fashion accessories
Art has no limit and no bound, once again proved by a newly-wed couple Calvin Patrick Monjinun and Cheryl Joanne Chan, with a unique products display at creative art exhibition held at the Sabah International Convention Centre. The couple exhibited their unique creations of handbags, clutches, and...
Russia believes infrastructure links with India will boost bilateral trade to $120-150 billion: Oleg Deripaska
Russia is reportedly willing to build connectivity, capital markets, and financial infrastructure with India, similar to the model built over decades with Europe. According to Russian aluminium tycoon Oleg Deripaska, this relation will benefit both the countries, accentuating bilateral trade to...
Mexico-based aluminium auto components supplier Nemak to seek ASI Performance Standard certification
On Monday, August 1, Nemak, S.A.B. de C.V., Mexico-based aluminum auto components supplier, announced to seek the Aluminium Stewardship Initiative (ASI) performance standard certification. Nemak CEO Armando Tamez believes the certification will put the production facilities on an accelerated path...
China’s bauxite imports in June’22 decline 21% M-o-M as supplies from Guinea & Australia dip due to bad weather
According to the China Customs data, the country’s bauxite imports in June 2022 stood at 9.42 million tonnes, down by 21.4 per cent month-on-month and 7.1 per cent year-on-year. Compared with May 2022, China’s bauxite imports in June fell by 2.56 million tonnes and failed to continue the monthly...
A00 aluminium ingot price suffers a loss of RMB320/t after three hikes; but aluminium alloys(ADC12) price grows to RMB18350/t
A00 aluminium ingot price in China has plummeted by RMB 320 per tonne after three consecutive days of rally from RMB 17,840 per tonne to RMB 18,620 per tonne, found the Shanghai Metals Market. As of Monday, August 1, the primary aluminium ingot price has come in at RMB 18,300 per tonne, with...
LME aluminium price built up by US$20.5/t through the week to settle at US$2452/t; SHFE closed higher at US$2775/t
On Monday, July 25, LME aluminium cash bid price and LME aluminium official settlement price started the week with a downfall of US$28 per tonne and US$28.5 per tonne, respectively, to stand at US$2,431 per tonne and US$2,431.50 per tonne. On Tuesday, the prices increased by US$4 per tonne and...
Novelis bags ASI Performance Standard certification for 3 beverage can sheet facilities in North America
Novelis, the leading producer of flat-rolled aluminium and the world’s largest recycler, announced on Friday, July 29, that three of its recycled aluminium ingot and beverage can sheet producers in North America received the ASI Performance Standard certifications. Novelis’ Greensboro, GA, Berea,...
Hindalco’s aluminium wire rod & billets prices see a hike of INR5500/t with effect from July 29
Hindalco’s aluminium ingot price and aluminium products prices have experienced a hike on Friday, July 29, after two downfalls on July 26 & 28. The price of the company’s aluminium wire rod price has come in at INR 239,350 per tonne, seeing an increase of INR 5,500 per tonne from the previous day....
Vedanta uplifts aluminium ingot price to INR226,000-257,500/t in line with LME aluminium price hike
Vedanta Limited has lifted its aluminium ingot and aluminium products prices, with effect from Friday, July 29, following a cut on the previous day, July 28. On Friday, Vedanta’s aluminium ingot price has come in at INR 226,000-257,500 per tonne, up by INR 5,250 per tonne or 2.38 per cent from the...
AMAG Austria posts record revenue at EUR904.3 million in 1H2022 supported by global aluminium price rally
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry, has reportedly achieved record levels of revenue and earnings in the first half of 2022. As per the report published by the company, it has seen a growth of around 50 per cent in revenue from EUR 595.1 million in H1...
India Government to bring changes in pricing structure to calculate average bauxite selling price
The government of India is planning to change the pricing structure to determine the Average Selling Price (ASP) of metallurgical-grade bauxite, in a bid to attract private players. In the present scenario, states are unable to auction the existing bauxite mines as companies find the selling price...
ICSOBA 2022 conference in Athens, Greece
As it has already been announced, the ICSOBA 2022 conference will take place in Athens, Greece under the host sponsorship of Mytilineos from 11 to 13 October. The Radisson Blu Park Hotel located right in the center of Athens was booked for the event. The hybrid format of the conference will allow...
Domestic primary aluminium production in US surges 14% on year to 82,000 tonnes during April 2022
According to the latest data found by the US Geological Survey, the United States produced 82,000 tonnes of primary aluminium in April 2022, which was down by 2,000 tonnes from the output in March. But on a year-on-year basis, the output recorded a surge of 10,000 tonnes or 13.9 per cent from...
Alumina production in Africa & Asia (ex-China) edges 6.6% higher at 3.53 million tonnes in 2Q2022
In June 2022, alumina production in Africa & Asia (ex-China) stood at 1.141 million tonnes, bringing the total amount in the second quarter to 3.530 million tonnes, found the International Aluminium Institute. The output in Q2 recorded a quarter-on-quarter increase of 6.58 per cent from 3.312...
Tiwai Point aluminium smelter in talks with power companies to continue operations beyond 2024
According to a report on July 28, The Tiwai Point aluminium smelter, owned by Rio Tinto and the Sumitomo Group via joint venture New Zealand Aluminium Smelters Limited (NZAS), has begun corresponding with power companies to be able to continue operations beyond 2024. "There is lots of work to do,...
Shandong Yocon Aluminum to install new equipment as part of its expansion plans
Shandong Yocon Aluminum Industry Co Ltd, a leading supplier of aluminum coils, has reportedly announced its plans to ramp-up production capabilities to meet the increasing demand for aluminum coils. As per the report, the company’s expansion plans include installation of new equipment and hiring of...
