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.
Egyptalum is contemplating plant development to increase aluminium production efficiency following a profitable nine-month
Egypt Aluminum Company, more popularly known as Egyptalum, the largest aluminium producer in Egypt and one of the largest in Africa, is contemplating revamping its current plant in a bid to enhance production efficiency of equipment and maintain the output capacity at 320,000 tonnes per annum. The...
Capral Aluminium the first extruder in Australia to join ASI as a Production & Transformation member
Capral Aluminium, one of Australia’s leading providers of aluminium products and associated services, has joined the Aluminium Stewardship Initiative, aiming at achieving ASI Performance Standard and Chain of Custody Standard certifications for its operations by mid-2024. As per the report, the...
Vedanta Ltd further deducts INR8000/t from its aluminium ingot price as LME price plunges to 6-month low
Vedanta Limited has more significantly reduced its aluminium ingot and aluminium products selling prices, with effect from June 14, in response to the LME aluminium price plunge for the third consecutive day. Vedanta has notified a cut of INR 8,000 per tonne or 3 per cent on its aluminium ingot to...
China’s primary aluminium inventories extend downfall by 49,000 tonnes W-o-W to 825000 tonnes on June 13
China’s social inventories of primary aluminium decreased over the weekend by 28,000 tonnes across eight major consumption areas, including SHFE warrants, to come in at 825,000 tonnes on Monday, June 13, found the Shanghai Metals Market. On a week-on-week calculation, the inventories recorded a...
China’s secondary aluminium alloy operating rate grows 2 percentage points in May’22 on improved pandemic
According to the Shanghai Metals Market, the average operating rate of secondary aluminium alloy producers saw a 1.96 percentage points of M-o-M hike to stand at 45.89 per cent in May 2022. But on a yearly basis, the operating rate faced a downfall of 13.67 percentage points. The monthly increase...
Ghana eyes to become an integrated aluminium producer, seeks strategic partner to upgrade VALCO’s smelter
Ghana, popularly known for abundant bauxite reserves, is now reportedly aiming at creating an integrated aluminium industry in the country, said Ghana Lands and Natural Resources minister Samuel Jinapor on Monday, June 13. With that aim, Ghana is running campaigns and trying its best to find a...
Hindalco’s aluminium ingot price experiences a cut of INR5500/t with effect from June 11
Hindalco Industries Limited narrowed down its aluminium ingot and aluminium products prices, with effect from Saturday, June 11, following a hike on June 9. Hindalco’s aluminium ingot price came in at INR 242,750 per tonne, seeing a cut of INR 5,500 per or 2.22 per cent from INR 248,250 per tonne....
China’s aluminium billet operating rates inch up to 71.2% in May’22 owing to operation resumption after COVID pandemic
According to the Shanghai Metals Market, the average operating rates of aluminium billet producers using aluminium liquid grew by 0.2 percentage point month-on-month to 71.2 per cent in May 2022. In east China (mainly Shandong), north-west and south-west, aluminium billet operating rates exceeded...
Vedanta’s aluminium ingot price suffers a loss of INR5500/t on June 11
Vedanta Limited has reduced its aluminium ingot and aluminium products prices by INR 5,500 per tonne or 2 per cent, with effect from Saturday, June 11, following a hike on June 9. That has brought the company’s aluminium ingot price to INR 242,500-275,500 per tonne versus INR 248,000-281,000 per...
Weekly Recap: LME aluminium price slips by US$47/t through the week to US$2695/t; SHFE plummets by US$76/t
LME aluminium cash bid price and LME aluminium official settlement price resumed the week on Monday, June 6, with a sharp rise of US$40 per tonne and US$40.50 per tonne to come in at US$2,741 per tonne and US$2,742 per tonne, respectively. On Tuesday, June 7, the prices decreased by US$27 per tonne...
China’s aluminium production in May registers an increase of 4% M-o-M to 3.435 Mt
According to the Shanghai Metals Market, China produced 3.435 million tonnes of aluminium in May (31 days), which registered an increase of 4.15 per cent from 3.298 million tonnes in April (30 days). On a year-on-year basis, the output in May grew 3.6 per cent from 3.32 million tonnes. The daily...
New aluminium can plant in Nashua to resolve supply challenge with millions of production
Exponential growth in aluminium can demand has put the beverage industry into a supply challenge since a considerable period of time now. But a new aluminium can plant in Nashua is expected to resolve the problem, as announced in a press release by G3 Enterprises, a logistics and supply company for...
LME aluminium benchmark price dips by 0.47% to close at $2752.5/t; SHFE price plummets by US$53/t
LME aluminium opened at US$2,836 per tonne on Thursday, June 9, and closed at US$2,760 per tonne, down by US$76 per tonne or 2.68 per cent. LME aluminium cash bid price and LME aluminium official settlement price decreased on an alternate day, June 9, by US$13 per tonne or 0.47 per cent to stand at...
Aluminium coffee pod is now possible to recycle at home with RePodder
Now recycling coffee capsule is possible at home as RePodder has introduced the world’s most efficient aluminium coffee pod recycling solution using your existing kerbside bin. This will contribute to reducing carbon footprint, while returning valuable aluminium to the circular economy. This is an...
NALCO deducts INR10300/t from aluminium ingot price bringing the selling price to INR243,950- 247,450/t on June 8
National Aluminium Company Limited has continued to reduce its aluminium ingot and aluminium products prices, with effect from Wednesday, June 8, following the previous cut on May 28. As per the revised prices revealed by NALCO, the company has deducted INR 10,300 per tonne from its previous...
US domestic primary aluminium production sees a QoQ hike of 11,000 tonnes in 1Q2022
According to the US Census Bureau data, the United States’ domestic primary aluminium production in March 2022 recorded an increase of 9,000 tonnes or 12 per cent month-on-month to stand at 84,000 tonnes. However, in February, the output stood 8.54 per cent lower at 75,000 tonnes compared to 82,000...
Vedanta’s aluminium wire rod price sees a hike of INR3750/t or 1.5% on June 7
Vedanta Limited further expanded its aluminium products and aluminium ingot prices, with effect from Tuesday, June 7. The company’s wire rod price saw a hike of INR 3,750 per tonne or 1.5 per cent on Tuesday to come in at INR 253,500-261,000 per tonne. On June 5, Vedanta’s aluminium wire rod price...
Rusal files lawsuit against Rio Tinto claiming back 20% ownership in Queensland Alumina
According to a report on Monday, June 6, Rusal, the Russian aluminium giant, prosecuted global miner Rio Tinto to regain its access to 20 per cent share in alumina produced at a jointly owned refinery Queensland Alumina Limited (QAL). Rusal, in the lawsuit, challenged Australia’s sanctions against...
