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.
World alumina production in 2Q2022 records a hike of 6% Q-o-Q but falls by 1% on year to 35.034 Mt
The world alumina production in the June quarter (Q2) of 2022 totalled 35.034 million tonnes, seeing an increase of 5.79 per cent from 33.118 million tonnes during 1Q2022, found the International Aluminium Institute. But on a year-on-year basis, the world alumina output in Q2 stood 1.17 per cent...
Metra Holding S.p.A bags ASI Performance Standard certification for extruded aluminium alloy manufacture
The Aluminium Stewardship Initiative has certified Metra Holding S.p.A against the Performance Standard certification for re-melting primary and secondary aluminium and manufacturing aluminium alloy extruded sections at its Foall S.r.l. (foundry) and Metra S.p.A. (extrusion) production facilities...
Hindalco’s aluminium ingot price suffers a loss of INR2500/t with effect from July 26
Hindalco Industries Limited has trimmed its aluminium ingot and aluminium products prices, with effect from July 26, after raising the prices on the previous day, July 23. Hindalco has cut INR 2,500 per tonne from INR 228,750 per tonne to sell the aluminium ingot price at INR 226,250 per tonne from...
Vedanta’s aluminium billet price sheds INR2750/t to stand at INR233000/t on July 26
Vedanta Limited has reduced its aluminium products and aluminium ingot prices by INR 2,750 per tonne, with effect from Tuesday, July 26, following an increase by the same amount on July 23. Vedanta’s aluminium billet price has come in at INR 233,000 per tonne, as against INR 235,750 per tonne on...
Savannah business association ideates redesigning aluminum cups into sustainable souvenirs
Savannah’s pilot aluminum cup program has come up with yet another idea of reutilizing the cups. The idea is to redesign aluminum cups into sustainable souvenirs. Nick Pulambo, Savannah City Council and the 4th District Alderman for the city of Savannah, said Downtown Business Association picked up...
China’s primary aluminium inventories gain 3,000 tonnes over the weekend as trades decline in spot market
According to the Shanghai Metals Market, social inventories of primary aluminium gained 3,000 tonnes over the weekend across eight major consumption areas, including SHFE warrants. After several consecutive weeks of fall, primary aluminium inventories built-up to stand at 671,000 tonnes, but...
Primary aluminium production in Africa grows 2% Q-o-Q to 406,000 tonnes during June quarter 2022
Primary aluminium production in Africa during the second quarter of 2022 stood at 406,000 tonnes, up by 9,000 tonnes or 2.28 per cent from 397,000 tonnes in the first quarter of the year ended March 31. On a year-on-year basis, the output stood 10,000 tonnes or 2.52 per cent higher than 396,000...
Hindalco’s aluminium ingot price recovers INR2750/t on July 23 to stand at INR228750/t
On Saturday, July 23, Hindalco’s aluminium products prices, as well as aluminium ingot price saw a rise of INR 2,750 per tonne or 1.12 per cent, following a cut of the same amount on the previous day. Thus, Hindalco’s aluminium ingot price rebounded to INR 228,750 per tonne, with effect from July...
South32’s alumina production at Worsley refinery exceeds nameplate capacity standing at 3.99 Mt in FY2022
On Monday, July 25, South32 has reported strong operating results for FY2022 and the June quater, with Worsley Alumina operation, one of the world’s largest refineries, booking a record annual production. As per the report, Worsley has posted a 1 per cent growth in annual production to 3.99 million...
Vedanta’s aluminium wire rod & billet prices build-up by INR2750/t on July 23
Vedanta Limited’s aluminium products and aluminium ingot prices rebounded on Saturday, July 23, following a cut on the previous day. With effect from Saturday, Vedanta’s aluminium wire rod price has increased by INR 2,750 per tonne to come in at INR 234,250-241,750 per tonne. On July 22, the price...
Chalco’s decision of expanding stake in Yunnan Aluminium to 29.1% increases its shares on the market
Shares of Aluminum Corporation of China Limited (Chalco) have elevated on Monday, July 25, following the company’s decision to increase its stake in Yunnan Aluminium Co. According to analysts at Citigroup, this acquisition will make Chalco the world’s largest aluminum producer, with a smelting...
NALCO escalates its aluminium ingot price by INR11300/t with effect from July 21
National Aluminium Company Limited has escalated its aluminium ingot and aluminium products prices by INR 11,300 per tonne or 2.6 per cent, since the last cut on July 15. With effect from Thursday, July 21, NALCO’s aluminium ingot price has come in at INR 227,650-231,150 per tonne versus INR...
Hydro reports 39% hike in revenue during 2Q2022 on stronger margins in aluminium extrusions business
Hydro has announced strong financial performance for the second quarter of 2022 with a 39 per cent quarter-on-quarter hike in revenue from NOK 46,616 million to NOK 64,793 million. On a year-on-year basis, the revenue has reported a significant rise of 87 per cent from NOK 34,559 million. The...
PyroGenesis working on adding aluminium alloy powder to its product range for advancing Additive Manufacturing
PyroGenesis Canada, Inc. has informed that it is focusing on scaling up its metal powder production by adding aluminium for the use in Additive Manufacturing. PyroGenesis has said that it intends to add aluminium alloy powder to its product range, as requested by many global automakers issuing...
Novelis signs Cooperation Research Agreement with Airbus to provide more advanced aluminium solutions
Novelis Inc., the world’s renowned aluminium rolling producer and recycler and a leading sustainable aluminium solutions provider, announced on Thursday, July 21, that it signed a Cooperation Research Agreement with Airbus to develop a tighter collaboration for more advanced aluminium solutions for...
Hindalco heightens its aluminium wire rod & billets prices for the third day by INR4000/t w.e.f. July 21
Hindalco Industries Limited has expanded its aluminium products and aluminium ingot prices for the third day in a row, with effect from Thursday, July 21. The company has increased its aluminium wire rod price by INR 4,000 per tonne to INR 239,850 per tonne as of July 21. On the previous day, the...
Alcoa reports strong Q2 performance with 11% hike in revenue supported by improved alumina shipments
On Wednesday, July 20, Alcoa Corporation reported an 11 per cent quarter-on-quarter increase in revenue to $3.644 million in its second quarter financial and operational results ended June 30, 2022. In Q1 2022, Alcoa’s revenue was $3.293 million, while in Q1 2021 was $2.833 million. Thus, on a...
World primary aluminium production records a 3% Q-o-Q growth to 17.102 Mt in 2Q2022 despite a fall in June output
According to the recent data revealed by the International Aluminium Institute, world primary aluminium production in the second quarter of 2022 totalled 17.102 million tonnes, brought by the output of 5.651 million tonnes in June. IAI data also shows that the world's primary aluminium production...
