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.
NALCO sharply cuts its aluminium ingot price by INR15700/t w.e.f. April 12 as LME price plummets by 7.7%
National Aluminium Company Limited has further slashed its aluminium ingot and aluminium products prices since its last cut on April 1, 2022. With effect from Tuesday, April 12, NALCO has chopped its aluminium ingot price by INR 15,700 per tonne or 5.30 per cent to INR 280,550- 284,050 per tonne as...
A00 aluminium ingot price rebounds above RMB21000/t; Aluminium alloy (A356) price hikes by RMB200/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has hiked by RMB 210 per tonne to stand above RMB 21,000 per tonne on Wednesday, April 13. SMM data has found that the price has come in at RMB 21,060 per tonne, with average prices likely to range between RMB 21,040 per...
Hindalco escalates its aluminium ingot price by INR4000/t with effect from April 9
Hindalco Industries Limited hiked its aluminium ingot and aluminium products prices on Saturday, April 9, following a sharp cut on the previous day. The major Indian aluminium player increased its aluminium ingot price by INR 4,000 per tonne to INR 293,750 per tonne, with effect from April 9. On...
ASI grants aluminium cans maker TBC Ball Beverage Can Vietnam Ltd dual certifications
On Monday, April 11, Aluminium Stewardship Initiative announced that it has successfully certified TBC Ball Beverage Can Vietnam Limited against the Performance Standard under Provisional status and Chain of Custody Standard for responsible production, sourcing, and stewardship of aluminium....
China’s aluminium production drops 1% YoY to 3.315 million tonnes in March attributing to COVID pandemic recurrence
According to the data shown by the Shanghai Metals Market, China produced 3.315 million tonnes of aluminium in March 2022, a decrease of 0.92 per cent year-on-year. Also, the daily average output stood 1,000 tonnes per day lower over the year to 106,900 tonnes but edged a hike of 1,700 tonnes per...
A00 aluminium ingot price in China plummets by RMB570/t over the weekend; but alumina price grows by RMB3/t
A00 aluminium ingot price in China has further plunged over the weekend ended April 11, 2022, by RMB 570 per tonne to stand at RMB 21,230 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 21,210 per tonne and RMB 21,250 per tonne, with a spot contract...
Vedanta lifts its aluminium ingot price by INR4000/t on April 9 in response to LME price rise
After a sharp cut of INR 7,250 per tonne across all the aluminium products on April 8, Vedanta Limited has lifted its aluminium prices, with effect from April 9. The company has increased its aluminium ingot price by INR 4,000 per tonne to INR 294,000- 341,500 per tonne on April 9 as against INR...
LME aluminium price continues to downtrend this week by US$50.5/t; SHFE settles lower at US$3434/t
LME aluminium benchmark price continued to trend down this week from US$3,444 per tonne to US$3,395 per tonne. Both LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, April 4, with a drop of 1.12 per cent to US$3,443.50 per tonne and US$3,444 per...
US domestic primary aluminium production in Jan’2022 records second monthly hike of 4% to 82,000t
In January 2022, the United States domestic primary aluminium production stood at 82,000 tonnes, reflecting a second monthly rise of 3,000 tonnes or 3.8 per cent, found the US Census Bureau. In December 2021, the United States primary aluminium production was 79,000 tonnes, up by 4,000 tonnes from...
China’s primary aluminium inventories further accumulate 25000 tonnes this week to total at 1.066 Mt
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to grow this week by 25,000 tonnes across eight major consumption areas, including SHFE warrants. Thus, SMM data shows the inventories have come in at 1.066 million tonnes, as of Thursday, April...
Monthly decrement continues in US aluminium scrap imports to 46700 tonnes in January 22
According to the latest data revealed by the US Geological Survey, the United States’ aluminium scrap imports opened the year in January 2022 with a month-on-month downfall. As per the data shown, the imports decreased by 1,700 tonnes or 3.51 per cent in January to come in at 46,700 tonnes. In...
EGA and Ma’aden will co-operate on developing greener aluminium smelting technology
Emirates Global Aluminium (EGA), the UAE’s biggest industrial company outside oil and gas, and Ma’aden, a Saudi state-owned mining company, have reportedly agreed to extend their collaboration on greener aluminium smelting technology, in a bid to achieve more sustainable production. The news came...
Hindalco elevates its aluminium ingot price by INR3250/t w.e.f. April 7 after four successive cuts
After four successive cuts, Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices, with effect from Thursday, April 7. The company has added on INR 3,250 per tonne to its aluminium ingot price to sell it at INR 297,000 per tonne. On April 6, the price stood at...
Vedanta’s aluminium wire rod and billet prices continue to see a cut of INR3000/t with effect from April 6
Vedanta Limited further cut its aluminium products and aluminium ingot prices for the third time in a row over about a week, with effect from Wednesday, April 6. Vedanta’s aluminium wire rod price saw a trim of INR 3,000 per tonne or 1 per cent to INR 301,500- 309,000 per tonne versus INR...
World’s longest continual operating aluminium plant Alcoa Massena wins ASI Performance Standard Certification (Provisional)
Alcoa Corporation has reportedly bagged the ASI Performance Standard Certification under Provisional Status for its smelting and casting operation at Massena, New York, USA. Known as the longest interrupted operating aluminium facility in the world, Alcoa Massena plant dates back to 1902,...
A00 aluminium ingot price further plummets by RMB450/t as COVID undermines domestic consumption; but input costs inflate
A00 aluminium ingot price in China has nosedived for the second day in a row by RMB 450 per tonne to stand at the edge of RMB 22,000 per tonne. According to the Shanghai Metals Market, the price has come in at RMB 22,030 per tonne, with average prices estimated to range between RMB 22,010 per tonne...
Hindalco’s aluminium wire rod & billets prices further dwindle by INR3000/t on April 6
Hindalco Industries Limited has continued to trim its aluminium products and aluminium ingot prices as the LME aluminium ingot price keeps pursuing a downtrend. With effect from April 6, Hindalco has reduced its aluminium wire rod price by INR 3,000 per tonne to INR 304,850 per tonne. On April 5,...
Composite PMIs for China’s some aluminium downstream sectors grow over month, thanks to demand recovery
According to the monthly PMI report presented by the Shanghai Metals Market, the composite PMI reading for China’s aluminium downstream processing sectors came in at 49.1 in March, recording a month-on-month rise of 19.8 percentage points and a year-on-year decline of 14.1 percentage points....
