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.
South America’s alumina production in Jan-Feb 2022 tumbles by 8.6% to 1.859 Mt; Output in North America declines too
Alumina output in South America during January-February 2022 totalled 1.859 million tonnes, reflecting a year-on-year downfall of 8.6 per cent from 2.034 million tonnes, found the International Aluminium Institute’s data. In February, alumina production in South America amounted to 864,000 tonnes...
Vedanta cuts its aluminium prices for the second time in a new fiscal year, bringing ingot price to INR297000-344500/t
Vedanta Limited reduced its aluminium ingot and aluminium products prices for the second time in a row in the new financial year 2022-23. With effect from April 5, the company cut its aluminium ingot selling price by INR 4,250 per tonne or 1.4 per cent to INR 297,000-344,500 per tonne. On April 2,...
Japanese aluminium shipments premium set at $172/t for Q2 2022, recording second consecutive quarterly drop
Three sources have confirmed that some Japanese aluminium buyers have agreed with at least two global producers on the premium payment of $172 per tonne for June shipments, compared to $177 million in the previous quarter. That reflects a quarter-on-quarter downfall of $5 per tonne or 2.8 per cent...
Hindalco’s aluminium billets & wire rod prices continue to shrink by 2% with effect from April 5
After about a week, Hindalco Industries Limited has further trimmed its aluminium products and aluminium ingot prices, with effect from April 5, 2022. Hindalco has reduced its aluminium billets price by INR 6,250 per tonne or 1.97 per cent to INR 310,850 per tonne. The previous price cut was on...
NALCO further chops its aluminium ingot price by INR 13000/t on the onset of new fiscal year 2023
As the fiscal year 2022 ends, National Aluminium Company Limited (NALCO) further chops its aluminium ingot and aluminium products prices, with effect from April 1 FY2023. The company’s aluminium ingot price has seen a sharp cut of INR 13,000 per tonne or 4.20 per cent to INR 296,250- 299,750 per...
Vedanta’s aluminium production improves by 8% in 4QFY22, bringing annual output to a record high of 2.268 Mt
On Monday, April 4, 2022, mining giant Vedanta Limited announced that its aluminium and zinc production grew by 8 per cent in the fourth quarter ended March 31, while the output of iron ore increased by 18 per cent, as compared to the figure in the same period last year. From 531,000 tonnes in Q4...
Primary aluminium production in North America declines 5.5% Y-o-Y, while output in South America grows by 6%
In February 2022, primary aluminium production in North America stood at 291,000 tonnes, compared to 321,000 tonnes in January. That was a downfall of 30,000 tonnes or 9.35 per cent month-on-month, found the International Aluminium Institute. Also, on a year-on-year calculation, the output in...
Metallurgical-grade alumina production in Africa & Asia edges a 7.6% hike during Jan-Feb 2022
In the first two months of 2022, alumina production in Africa & Asia totalled 2.224 million tonnes, with the output in February at 1.075 million tonnes, down by 6.44 per cent month-on-month, found the International Aluminium Institute’s data. In January, alumina production in Africa & Asia stood at...
Ball announces to scale down operations at 3 aluminium beverage can manufacturing plants in Russia
Ball Corporation, the US-based, one of the world’s leading aluminium beverage cans producing companies, has enlisted its name to the list of companies who are downsizing their businesses in Russia. Last week, Ball announced that it is reducing operations at three of its manufacturing plants in...
China is boosting its aluminium exports to compensation the supply gaps in Western markets: Source
As observed by market experts, China is boosting its aluminium export volume to balance the supply gaps in Western markets. In February, China exported 26,378 tonnes of primary aluminium in February, the highest monthly since 2010, turning into a net exporter for the first time since November 2019....
Primary aluminium weekly recap: NALCO, Hindalco trim their ingots selling prices as LME price retreats; Alba & EGA to explore production enhancement opportunities
As Russia retreats its military activities in some areas of Ukraine, allowing the resumption of alumina refineries and aluminium smelters, the LME aluminium benchmark price begins downsizing throughout the week with the hope of supply chain recovery. Starting at US$3,606 per tonne on Monday, March...
Nedal Aluminium joins ASI as a new Production and Transformation member, brings total members to 220
The Aluminium Stewardship Initiative has announced the joining of Nedal Aluminium BV as its new Production and Transformation member, which brings the total number of ASI members to 220. Based in the Netherlands, Nedal Aluminium develops, produces and sells aluminium profiles and lighting columns....
China’s primary aluminium inventories gain 2,000 tonnes W-o-W after incessant declines
According to the Shanghai Metals Market, social inventories of primary aluminium in China totalled 1.04 million tonnes this week, as of March 31, 2022, across eight major consumption areas, including SHFE warrants. Compared to a week ago, March 24, primary aluminium inventories built up by 2,000...
World’s metallurgical-grade alumina production in Feb’22 falls 8.7% M-o-M, but daily output grows 1.1% to 356,300 tonnes
World alumina production in February 2022 amounted to 10.606 million tonnes, which included 9.975 million tonnes of metallurgical-grade alumina. That reflected a month-on-month decline of 8.7 per cent from 10.926 million tonnes but a year-on-year increase of 0.8 per cent from 9.897 million tonnes,...
Ball Corporation’s subsidiary facility in Yangon achieves dual certification against ASI Performance & Chain of Custody Standard
Ball Asia Pacific (Yangon) Metal Container Limited, a Ball Corporation subsidiary, has bagged dual certification from the Aluminium Stewardship Initiative, becoming the first Ball facility in Myanmar to achieve ASI credentials. The news came after ASI announced that it successfully certified the...
Hindalco back-to-back trims its aluminium ingot price to INR303000/t as LME sheds off
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices back-to-back on two consecutive days as LME aluminium benchmark price has been shedding off since March 29. With effect from Thursday, March 31, Hindalco’s aluminium ingot price has been slashed by INR 7,000...
LME aluminium declines by $75/t as supply concerns ease with Russia’s minimised military operations; SHFE grows to $3586/t
LME aluminium cash bid price and LME aluminium official settlement price continued to decrease for the second day in a row by US$75 per tonne or 2.09 per cent to stand at US$3,506 per tonne and US$3,508 per tonne, respectively. The downfall in LME aluminium prices followed the ease of supply...
India’s parliamentary committee directs government to conduct faster environment clearances for new bauxite mines development
A committee of India’s parliament has recently noted that India is still far behind from exploring 80 per cent of its bauxite reserves, pointing out land acquisition issues, environment clearance and forest clearance as some of the prime constraints in the development of new bauxite mines....
