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.
US, UK end their 4-year-long dispute over aluminium and steel tariffs
A rift between the United States and the United Kingdom over aluminium and steel tariffs has finally come to an end as the former has agreed to lift the duties. On Tuesday, March 22, Anne-Marie Belinda Trevelyan, a British politician serving as Secretary of State for International Trade and...
Cameroonian Aluminium Company ALUCAM joins ASI as a new Production and Transformation member
On Tuesday, March 22, the Aluminium Stewardship Initiative reportedly welcomed Cameroonian Aluminium Company ALUCAM as a new Production and Transformation member. That brought the ASI’s total number of members to 215. ALUCAM is an industrial aluminium production company (Smelter) located in Edéa, a...
NALCO’s aluminium wire rod and billets prices rebound by INR23500/t as LME price rallies through the week
After about a week of the last price update, National Aluminium Company Limited (NALCO) has revised its aluminium ingot and aluminium products prices, in line with the global aluminium benchmark price. With effect from March 22, NALCO has expanded its aluminium wire rod price by INR 23,500 per...
Vedanta Aluminium recycles 14 billion litres of water aiming at optimising water consumption across value chain
According to a report on Tuesday, March 22, India’s largest aluminium producer Vedanta Aluminium Business has recycled 14 billion litres of water as of January FY2022, following its own robust Water Management Policy. As part of the commitment to fulfil water sustainability goals, Vedanta strives...
World primary aluminium production in February’22 registers a 9% fall to 5.114 MT, but daily average output sees a rise
According to the latest data shown by the International Aluminium Institute, world primary aluminium production in February 2022 recorded a downfall of 9.34 per cent month-on-month to stand at 5.114 million tonnes. In January, the output scored at 5.641 million tonnes, up by 1.95 per cent...
China’s A00 aluminium ingot price declines by RMB220/t as consumers feel ambivalent about purchase amid new corona cases
China’s domestic primary aluminium ingot price has slipped on Tuesday, March 22, as rising cases of coronavirus have clouded the growth outlook for top metal consumers. But on the other hand, jitters over supply disruption as Russia-Ukraine peace discussions failed to ease conflict have capped the...
Hindalco trims its aluminium wire rod and billets prices by INR3250/t w.e.f. March 18
Hindalco Industries Limited again reduced its aluminium products and aluminium ingot prices, with effect from March 18, following an intermittent rise on March 17. The company’s aluminium wire rod price was cut by INR 3,250 per tonne on March 18 from INR 299,600 per tonne to INR 296,350 per tonne....
China’s average operating rate of secondary aluminium falls to 44.7% in 2021 despite a rise in new capacity to 1.85 MT
Shanghai Metals Market data found China’s new secondary aluminium capacity stood at 1.85 million tonnes in 2021, including 1.17 million tonnes of secondary aluminium casting alloy, while the total installed capacity was 11.96 million tonnes. But the average operating rate of secondary aluminium...
China Hongqiao Group earns 33% higher revenue in CY2021 even amid volatile COVID pandemic situation
China Hongqiao Group Co., Ltd., the world's largest aluminium producer covering the entire value chain, has published its annual results for the year ended December 31, 2021, highlighting the revenue growth of 32.9 per cent (approx.) year-on-year to RMB 114,490,941,000. At the end of 2020,...
Alba secures recognition for its safe & healthy workplace from British Safety Council
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium producer outside China, bagged the prestigious International Safety Award – Merit by the British Safety Council for its consistent commitment to keeping the workforce safe and healthy during the calendar year of 2021. Since 1958, the...
LME aluminium benchmark price recovers to US$3380.5/t; SHFE grows 3% toUS$3637/t
Three-month LME aluminium opened at US$3,380 per tonne last Friday and closed at US$3,388 per tonne, an increase of US$5 per tonne or 0.15 per cent. On Friday, March 18, LME aluminium cash bid price and LME aluminium official settlement price recovered by US$92 per tonne and US$92.50 per tonne to...
Primary aluminium weekly recap: China’s A00 aluminium ingot price uptrends on improved buying sentiment, German companies support sanctions against Russia
This week continued to witness a downtrend in the global aluminium benchmark price, so much so that it stood month-on-month lower for a day. The LME aluminium price started the week at US$3,399 per tonne, reflecting a sharp downfall of US$73 per tonne from US$3,472 per tonne on March 11. The price...
Hindalco’s aluminium ingot price builds up by INR6750/t on March 17 as LME price rallies
After two consecutive days of cut this week, Hindalco Industries Limited increased its aluminium ingot and aluminium products prices on Thursday, March 17, relating to the recovery in LME aluminium benchmark price. Hindalco raised its aluminium ingot price by INR 6,750 per tonne to INR 288,500 per...
A00 aluminium ingot price in China further surges by RMB440/t on improved buying sentiment
A00 aluminium ingot price in China has surged for the second day in a row by RMB 440 per tonne to close the week on Friday, March 18, at RMB 22,520 per tonne, found the Shanghai Metals Market. Recovery in the downstream purchase, resulting in the fall in primary aluminium inventories this week,...
China’s primary aluminium social inventories decline by 53,000 tonnes on improved buying sentiment
Social inventories of primary aluminium in China have decreased after six consecutive weeks of rising, owing to the improved buying sentiment among the downstream market. According to the Shanghai Metals Market, aluminium inventories have dwindled by 53,000 tonnes across eight major Chinese...
Kawneer launches a premium service to help architects design and build aluminium architecture
Kawneer, an American manufacturer of architectural aluminum systems, has reportedly launched a premium service named Kawneer Collaborative to help architects enhance their architectural visions and learn specific requirements for aluminium building systems. It guides architects in creating bespoke...
Hindalco’s aluminium wire rod & billets prices decline by INR15500/t in response to bearish LME price
In response to the sharp fall in LME aluminium benchmark price by US$181.50 per tonne on March 15, Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from March 16. Hindalco’s aluminium wire rod price has experienced a cut of INR 15,500 per tonne...
LME aluminium price edges a hike of US$88.5/t after three consecutive days of decline; SHFE price expands to US$3472/t
LME aluminium opened at US$3,288 per tonne on Wednesday, March 16, and closed at US$3,265.50 per tonne, down by US$33.50 per tonne or 1.02 per cent. After the three consecutive days of decline from US$3,535 per tonne to US$3,217.50 per tonne, LME aluminium prices recorded a rise on Wednesday, March...
