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’s aluminium ingot price shrinks to INR309250- 312750/t as LME price eases
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices, with effect from March 30, following two consecutive significant hikes on March 22 and 25. NALCO has cut its aluminium ingot price by INR 8,200 per tonne on Wednesday to the range of INR...
European aluminium foil sector concludes 2021 with a 4% rise in deliveries due to domestic demand recovery
European aluminium foil rollers finished 2021 on a record high, delivering 3.9 per cent higher than in the previous year. As per the data released by the European Aluminium Foil Association (EAFA), total shipments amounted to 967,000 tonnes in 2021, an increase of 36,000 tonnes or 3.87 per cent...
Hindalco’s aluminium wire rod and billets prices grow by INR2250/t following an intermittent cut
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices following an intermittent cut on Saturday, March 26. With effect from Tuesday, March 29, Hindalco has grown its aluminium wire rod price by INR 2,250 per tonne to INR 324,100 per tonne. Until then, with...
US aluminium scrap exports in 2021 advance by 13.5% YoY with increasing growth rate in each quarter
The United States aluminium scrap exports in full-year 2021 have recorded a significant rise of 250,000 tonnes or 13.51 per cent, owing to the increased awareness of using recycled aluminium to reduce carbon footprint across the industry. In comparison with 1.85 million tonnes of export in 2020,...
Alba takes another leap towards net-zero carbon emission, signs contract with MHI Group for CO2 capture application
Mitsubishi Heavy Industries (MHI) Group and its engineering company Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG) have entered into an agreement with Aluminium Bahrain B.S.C (Alba), a major Bahrain-based aluminium producer, to capture carbon dioxide (CO2) emitted from the smelting process...
China’s A00 aluminium ingot price rebounds to RMB22990/t on continued inventory fall; Alumina price grows further on closed import window
The ongoing fall in China’s primary aluminium inventories due to recovery of downstream demand, along with the slow resumption of new production capacities for the fresh outbreak of COVID19, has lifted the A00 aluminium ingot price by RMB 90 per tonne to stand at RMB 22,990 per tonne on Tuesday,...
China’s alumina exports in March to slump further to 100,000-150,000 tonnes given shipment disruption for fresh COVID wave
China’s alumina imports were 212,900 tonnes and 201,100 tonnes in January and February 2022, reflecting a downfall of 16.58 per cent and 5.57 per cent month-on-month. On a year-on-year calculation, the country’s aluminium imports in January stood down by 35.67 per cent, while imports in February...
Primary aluminium output shows downtrend across Europe in Feb’2022 as energy crisis leads to production cuts
In February 2022, primary aluminium production in Russia & Eastern Europe registered a decline of 35,000 tonnes or 10.03 per cent month-on-month to stand at 314,000 tonnes, found the International Aluminium Institute (IAI). In January, the output in Russia & Eastern Europe stood at 349,000 tonnes,...
Indonesian primary aluminium producer INALUM joins ASI as 217th Production and Transformation member
The Aluminium Stewardship Initiative has announced the joining of Indonesian state-owned aluminium company Asahan Aluminium (Persero) as a new Production and Transformation member. That brings the total number of ASI members to 217. PT Indonesia Asahan Aluminium (Persero), popularly known as...
LME aluminium price grows through the week to US$3583/t on possible production disruption due to natural gas price hike; SHFE slips to US$3619/t
Australia’s ban on its alumina and aluminium ore exports to Rusal and Russia’s price hike on natural gas causing possible disruption in aluminium production have lifted the LME prices almost throughout the week. On Monday, March 21, LME aluminium cash bid price and LME aluminium official settlement...
NALCO further upgrades its aluminium ingot price by INR12900/t with effect from March 25
National Aluminium Company Limited has upgraded its aluminium ingot and aluminium products prices, in response to the uptrend of the LME aluminium benchmark price. With effect from Friday March 25, NALCO’s aluminium ingot price has come in at INR 317,450-320,950 per tonne, scaling up by INR 12,900...
Hindalco’s aluminium ingot price grows by INR9250/t following LME price surge on stringent production
Hindalco Industries’ aluminium ingot and aluminium products prices have continued witnessing hikes, in line with an incessant LME aluminium price surge, attributable to the anticipation of disrupted metal production due to natural gas price rise and supply scarcity. With effect from Friday, March...
Alupro launches sustainable aluminium recycling manifesto, highlighting consistency and communication as key pillars
Alupro, the aluminium packaging recycling organisation, has reportedly launched its sustainability manifesto focusing on seven goals to bring in a change in the packaging and waste management approach and promote a successful circular economy. Describing the seven points of the manifesto at the...
Chinese primary aluminium inventories shrink by 50,000 tonnes W-o-W on delayed arrivals of stocks
According to the Shanghai Metals Market, social inventories of Chinese aluminium ingots have continued to decrease by 50,000 tonnes from a week ago, across eight major consumption areas, including SHFE warrants. Data shows the inventories have come in at 1.04 million tonnes, compared with 1.09...
IAI estimates global aluminium demand to grow 40% post-Covid, requiring additional output of 33.3Mt
A recent study has revealed that global aluminium demand will see an increase of 40 per cent by 2030, requiring an additional production of 33.3 million tonnes, meaning the metal output should ideally improve from 86.2 million tonnes in 2020 to 119.5 million tonnes in 2030. The research study,...
India’s domestic aluminium smelters receive lowest coal rakes since September, pushing the country more to imports
India’s domestic coal supply to aluminium smelters record further decline with railway rakes supplying coal at the lowest rate since September, while the energy crisis appeared at its peak. This, as a consequence, has compelled the country’s aluminium industry to import more amid rising cost...
Chinese alumina price crawls up to RMB2970/t after four-day restraint; Market destocking lifts A00 aluminium ingot price by RMB240/t
The average alumina spot price in China has increased by RMB 7 per tonne on Thursday, March 24, after remaining restrained for the past four days at RMB 2,963 per tonne. According to the Shanghai Metals Market, the rise today has brought the domestic alumina spot price to RMB 2,970 per tonne. In...
Hindalco’s aluminium wire rod & billets prices further grow by 1% w.e.f. March 23
Hindalco Industries Limited has continued to expand its aluminium products and aluminium ingot prices, albeit lower than the previous day, with effect from Wednesday, March 23. The company has grown its aluminium wire rod price by INR 3,500 per tonne to INR 319,850 per tonne from INR 316,350 per...
