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.
JISCO Alpart aims to mine bauxite through 700 acres to feed its alumina refinery
JISCO Alpart, specialised in the refining of bauxite ore into alumina, is eyeing to mine more ore to feed its refinery, which is expanding at a cost of US$1.1 billion. As per the report, the bauxite-alumina producer will dig through 700 acres of land known as the ‘Outer Valley,’ requiring the...
Monthly alumina production in Africa & Asia (ex-China) sees a rise of 1.21% in March 2022
In March 2022, alumina production in Africa & Asia (ex-China) was 1.088 million, up by 1.21 per cent month-on-month from 1.075 million tonnes, found the International Aluminium Institute. However, the output in February was down from its previous month by 6.44 per cent from 1.149 million tonnes. In...
Hindalco’s aluminium ingot price sees fourth consecutive cut by INR2750/t on April 30
Hindalco Industries Limited has further decreased its aluminium ingot and products prices, with effect from Saturday, April 30. This marks the fourth consecutive cut since April 21. As per the revised prices revealed, Hindalco has cut its aluminium ingot price by INR 2,750 per tonne or 1.02 per...
LME aluminium benchmark price closed the week at US$51/t lower; SHFE price slid US$100/t to US$3139/t
LME aluminium prices further shrank this week, with LME aluminium cash bid price and LME aluminium official settlement price starting at US$3,089 per tonne and US$3,090 per tonne on Monday, April 25, and ending at US$3,038 per tonne and US$3,039 per tonne on Friday, April 29. That was a decline of...
AMAG reports highest quarterly earnings for 1Q2022 with a 60% hike in revenue
AMAG Austria Metall AG, the biggest company in the Austrian Aluminium industry sector, has reported a continued positive performance for the 1st quarter of 2022 ended March 31. By the data revealed, the company has achieved the highest quarterly earnings in its history for 1Q2022, contributed by...
Vedanta cuts its aluminium ingot selling price by nearly 1% with effect from April 29
Vedanta Limited has further reduced its aluminium ingot and products prices, with effect from Friday, April 29, in line with back-to-back LME aluminium price drop. Vedanta has cut its aluminium ingot price by INR 2,500 per tonne or 0.9 per cent to INR 269,500-305,200 per tonne on April 29, while...
Century Aluminum reports hike in shipments by 5% and improved net sales to $753.6 million for 1Q2022
Century Aluminum Company, a US-based primary aluminium producer, has announced its first quarter 2022 operation and financial results, revealing that shipments in the same period ended March 31 increased by 5 per cent quarter-on-quarter from 200,961 tonnes to 211,411 tonnes, bolstered by the...
Hindalco trims its aluminium billets & wire rod prices by INR2500/t with effect from April 29
Hindalco Industries Limited has continued to reduce its aluminium products and ingot prices, with effect from April 29, albeit slower than the previous day. Hindalco has cut its aluminium billets price by INR 2,500 per tonne or 0.87 per cent to stand at INR 283,600 per tonne. On the last cut on...
US domestic primary aluminium production slips by 7,000 tonnes M-o-M in Feb’22, but daily output grows slightly
In February 2022, domestic primary aluminium production in the United States was at 75,000 tonnes, reflecting a downfall of 7,000 tonnes or 8.54 per cent month-on-month, following an increase in the previous month. In January 2022, the output grew by 3,000 tonnes or 3.8 per cent from 79,000 tonnes...
NALCO’s aluminium ingot price sees a sharp cut of INR10000/t in line with LME price slump
National Aluminium Company Limited has slashed its aluminium ingot and aluminium products prices by INR 10,000 per tonne or 3.5 per cent on April 28, in line with the continued decrease in LME aluminium benchmark price since April 22. With the latest cut, NALCO’s aluminium ingot price has come in...
Primary aluminium inventories in China shrink by 34000 tonnes as delivery recovers from COVID pandemic
According to the Shanghai Metals Market, primary aluminium inventories in China have decreased this week by 34,000 tonnes or 11 per cent across eight major consumption areas, including SHFE warrants. Thus, compared to 1.02 million tonnes last Thursday, April 21, primary aluminium inventories have...
Vedanta Aluminium strengthens workforce wellbeing & security with advanced digital solutions
According to a report released on Wednesday, April 27, Vedanta Aluminium has built up an Extended Reality (XR) experience zone to increase safety training for its employees and partners. The zone is comprised of Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR) technologies that...
China’s A00 aluminium ingot price hikes to RMB 20850/t after four consecutive declines; Aluminium alloy prices gain RMB100/t
A00 aluminium ingot price in China has climbed up by RMB 120 per tonne, following four consecutive days of decline until April 27, found the Shanghai Metals Market. Data shows the hike has brought the ingot price at RMB 20,850 per tonne, with average prices estimated to range between RMB 20,830 per...
China’s aluminium foil exports in March’22 grow 34% M-o-M, but likely to drop in April for COVID-19 resurgence
According to China customs data, the country’s aluminium foil exports in March 2022 stood at 126,800 tonnes, reflecting month-on-month increase of 34 per cent and year-on-year 9 per cent. Thailand, India, Indonesia, and the United Arab Emirates were the top four destinations of China’s aluminium...
Primary aluminium production in Russia & Eastern Europe rebounds to 350,000 tonnes in March’22
In March 2022, primary aluminium production in Russia & Eastern Europe stood at 350,000 tonnes, reflecting a month-on-month hike of 11.46 per cent from 314,000 tonnes. However, in February, the output was down by 10.03 per cent or 35,000 tonnes month-on-month from 349,000 tonnes. On a year-on-year...
World alumina production drops by 5% Q-o-Q to 34.332 Mt in 1Q2022 despite a rise in March by 7%
According to the latest data revealed by the International Aluminium Institute, the world alumina production amounted to 10.863 million tonnes in March 2022 (including metallurgical and chemical), an increase of 7.38 per cent month-on-month from 10.116 million tonnes. That brought the total global...
Yunnan Haoxin Aluminum Foil plant achieves another ASI certification within a year
On Tuesday, April 26, the Aluminium Stewardship Initiative announced that it successfully certified Yunnan Haoxin Aluminum Foil Co., Ltd. against the Chain of Custody Standard Certification for aluminium re-melting, refining, and semi-fabrication activities for the production of aluminium foil. Not...
Vedanta continues to reduce aluminium wire rod & billet prices by INR11250/t with effect from April 26
Vedanta Limited has continued to cut its aluminium products and aluminium ingot prices, with effect from Tuesday, April 26. The company has reduced its aluminium wire rod price significantly by INR 11,250 per tonne or 3.8 per cent to INR 279,500- 287,000 per tonne. The last cut on April 21 brought...
