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 A00 aluminium ingot price plummets for the third day to RMB19160/t; Aluminium alloy (A356) price shrinks by RMB200/t
A00 aluminium ingot price in China has recorded a decline for the third consecutive day to stand at the edge of RMB 19,000 per tonne. According to the Shanghai Metals Market, the primary aluminium ingot price has plunged by RMB 180 per tonne to close the week on Friday, June 24, at RMB 19,160 per...
Vedanta heightens its aluminium billet & wire rod prices by INR4000/t with effect from June 22
Vedanta Limited has finally increased its aluminium products and aluminium ingot prices after reducing them ceaselessly since June 11. With effect from Wednesday, June 22, Vedanta’s aluminium billet price has come in at INR 237,500 per tonne, up by INR 4,000 per tonne from INR 233,500 per tonne on...
North America’s primary aluminium production recovers 10,000 tonnes in May’22 to stand back at 325,000 tonnes
According to the International Aluminium Institute, primary aluminium production in North America during May 2022 stood at 325,000 tonnes, rebounding by 10,000 tonnes from the previous month. In April 2022, primary aluminium output in North America had lost that amount and stood at 315,000 tonnes....
NALCO’s aluminium ingot price experiencing ceaseless cuts to currently stand at INR223,450-226,950/t w.e.f. June 21
National Aluminium Company Limited (NALCO) has again reduced its aluminium ingot and aluminium products prices by almost the same amount like last time. With effect from June 21, NALCO has slashed its aluminium ingot price by INR 10,200 per tonne or 4.4 per cent to INR 223,450-226,950 per tonne...
China’s bauxite imports in May’22 record a new high at 11.97 million tonnes
According to the data revealed by the General Administration of Customs on Wednesday, June 22, China’s bauxite imports recorded a historical high, totalling 11.97 million tonnes in May 2022. That was an increase of 7.6 per cent month-on-month and a hike of 31.4 per cent over a year. Australia stood...
Primary aluminium production in Africa rebounds to 138,000 tonnes during May 2022
In May 2022, primary aluminium production in Africa rebounded to 138,000 tonnes after a dip in the previous month. According to the International Aluminium Institute’s latest data, Africa’s primary aluminium output in May witnessed an increase of 7,000 tonnes or 5.34 per cent month-on-month. In...
Alba unveils a new Environment, Social and Governance campaign aligned with Bahrain’s net zero emissions target
On Monday, June 20, Aluminium Bahrain B.S.C. (Alba) inaugurated a new Environment, Social and Governance (ESG) campaign across all its plants to reinforce Alba ESG Roadmap’s six priority areas, in line with Bahrain’s commitment to achieve net zero carbon emissions by 2060. The news came after...
Primary aluminium inventories in China post a continued downfall of 28000 tonnes over the weekend
According to the Shanghai Metals Market, social inventories of primary aluminium in China further dropped across eight major consumption areas, including SHFE warrants, on Monday, June 20. As per the data revealed, inventories totalled 757,000 tonnes, seeing a downfall of 28,000 tonnes over the...
World primary aluminium production posts a monthly growth of 4% to 5.805 million tonnes in May’22: IAI
According to the International Aluminium Institute, world primary aluminium production in May 2022 reported an increase of 3.64 per cent month-on-month to 5.805 million tonnes. In April, the output was at 5.601 million tonnes, down by 2.69 per cent from 5.756 million tonnes a month ago. On a...
China’s aluminium imports drop 16% Y-o-Y to 188,469 tonnes but exports post a hike of 54%
According to the data released by the General Administration of Customs on Saturday, June 18, China’s aluminium imports in May 2022 decreased by 16.4 per cent year-on-year. That brought the total imports to 188,469 tonnes of unwrought aluminium and aluminium products – including primary metal &...
Coal India diversifying into aluminium and solar to decarbonise operations as part of the Govt’s net zero carbon emission goal
Coal India Limited (CIL), an Indian government-owned coal mining and refining corporation, is reportedly striving to decarbonise its operations, following the government’s energy transition push and net zero carbon emission target by 2070. Therefore, CIL is diversifying into aluminium production,...
Vedanta’s aluminium billet and wire rod prices slump by 3% on June 17 as LME price falls to the edge of US$2500/t
Vedanta Limited cuts its aluminium products and aluminium ingot prices, with effect from Friday, June 17, marking the third consecutive fall of prices since June 11. The company’s aluminium billet price has seen a deduction of INR 7,750 per tonne or 3.18 per cent to INR 235,750 per tonne as of June...
NALCO repeats the cut of INR10300/t from its aluminium ingot & products prices with effect from June 16
National Aluminium Company Limited (NALCO) has again slashed INR 10,300 per tonne like last week from its aluminium ingot and aluminium products prices, marking the third consecutive cut since May 28. With effect from June 16, NALCO’s aluminium ingot price came in at INR 233,650-237150 per tonne...
Decline rate in China’s primary aluminium inventories increases W-o-W totalling 785,000 tonnes on June 16
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a sharp decline of 68,000 tonnes week-on-week. Therefore, as of Thursday, June 16, the inventories totalled 785,000 tonnes, which in comparison with Monday, June 13, dwindled by 40,000 tonnes. Last week, on...
Dudley’s Aluminium wins new contract from award-winning Beard Construction
Dudley’s Aluminium, a Cardiff-based aluminium fabricator, has reportedly bagged a project from a multi-award-winning construction company Beard Construction to install AluProf capped curtain walling, silicone glazed curtain walling, and windows and doors in the extension to the office development...
China’s A00 aluminium ingot price further escalates to RMB 20160/t; Aluminium powder price inches up by RMB0.10/kg
A00 aluminium ingot price in China has extended its rise for the second day in a row by RMB 90 per tonne to RMB 20,160 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,140 per tonne and RMB 20,180 per tonne, with spot contract to be traded at a...
LME aluminium benchmark price edges a fall of US$8/t to US$2580/t; SHFE price rebounds above US$3000/t
LME aluminium opened at US$2,567 per tonne on Wednesday and closed at US$2,615 per tonne, up US$57 per tonne or 2.23 per cent. But LME aluminium cash bid price and LME aluminium official settlement price continued to drop on June 15, marking the fifth consecutive day of downfall. Both the prices...
Hindalco Industries continues to trim aluminium ingot & products prices significantly by 3% w.e.f. June 14
Hindalco Industries Limited continued to trim its aluminium ingot and aluminium products prices in line with the downtrend price on the London Metal Exchange. With effect from June 14, Hindalco slashed its aluminium ingot price by INR 8,000 per tonne or 3.3 per cent to INR 234,750 per tonne. On...
