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.
United States crude and dried bauxite imports reflect a rise of 16.5% in H2 2021 amid a drop in Q4 to 784,000 tonnes: USGS
In the fourth quarter (Q4) of 2021, the United States imported 784,000 tonnes of crude and dried bauxite, a decrease of 97,000 tonnes or 11 per cent quarter-on-quarter from 881,000 tonnes. The imports in the third quarter, on the other hand, were 20.03 per cent higher than 734,000 tonnes in Q2. On...
Primary aluminium inventories in China further gain 20,000 tonnes this week on wait-and-watch downstream sentiment
According to the Shanghai Metals Market, social inventories of primary aluminium have built up by 20,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows inventories have come in at 1.14 million tonnes on March 10 compared to 1.12 million tonnes...
Hindalco’s aluminium wire rod price grows by INR2500/t on March 10 after a massive cut on previous day
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices back-to-back for the third day in a row, in tandem with the LME aluminium price movement. With effect from Thursday, March 10, Hindalco has increased its aluminium wire rod price by INR 2,500 per tonne to INR...
Alumina production in China sees a dent in February 2022 as a result of new Covid cases in Guangxi
According to the Shanghai Metals Market, alumina production in China during February 2022 (28 calendar days) stood at 5.47 million tonnes versus 6.5 million tonnes in January (31 calendar days). That reflected a downfall of 15.85 per cent month-on-month. The output of metallurgical-grade alumina...
China’s A00 aluminium ingot price falls sharply for the third consecutive day below RMB22000/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has continued to plunge for the third consecutive day to stand below RMB 22,000 per tonne. Data shows the price has come in at RMB 21,500 per tonne, reflecting a decrease of RMB 560 per tonne from RMB 22,060 per tonne on...
Alumina production in South America records M-o-M fall of 1% to 995,000t in Jan’22; Output in North America slips by 2%
In South America, alumina production in January 2022 stood at 995,000 tonnes, reflecting a month-on-month downfall of 9,000 tonnes or 0.90 per cent, found the International Aluminium Institute data. In December 2021, alumina output stood in South America came in at 1,004,000 tonnes, up by 6.24 per...
China’s daily aluminium output grows M-o-M to 105,000 tonnes in Feb’22 amid new operating capacities or resumption
China’s aluminium production in 28 days of February 2022 reflected a positive trend with a daily average output of 105,000 tonnes, up by 2,000 tonnes from 103,000 tonnes a month earlier. Total production in the month came in at 2.95 million tonnes versus 3.204 million tonnes in January (31 days)....
US aluminium crude metals and alloys imports from Russia improve 42% in H2 2021; but sanctions may impact imports ahead
According to latest data reported by the US Geological Survey, the United States’ aluminium crude metals and alloys imports from Russia rebounded to 22,900 tonnes in December 2021, seeing a sharp rise of 165.35 per cent month-on-month. In November 2021, the imports plummeted by 63.43 per cent to...
Hindalco Industries sharply cuts its aluminium ingot price by INR40500/t as LME price plummets by US$484/t
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from Wednesday, March 9, in response to LME aluminium price plunge after a week of unabated growth. Hindalco has axed its aluminium ingot price by INR 40,500 per tonne or 11.66 per cent to INR...
LME aluminium price nosedives to US$3500.50/t after a week of unabated growth; SHFE price declines to US$3497/t
Three-month LME aluminium opened at US$3,740 per tonne on Tuesday, March 8, and hit a high of US$3,900 per tonne before closing at US$3,681 per tonne, a drop of US$59 per tonne or 1.58 per cent. After an uninterrupted rise through the week nearing US$4000 per tonne, LME aluminium cash bid price and...
NALCO’s aluminium ingot price sees a never-before hike of US$37200/t to range between INR346,450-349,950/t
National Aluminium Company Limited’s (NALCO) aluminium ingot and aluminium products prices have witnessed an exponential rise on Tuesday, March 8, in tandem with the incessant LME aluminium price rally for over a week close to US$4,000 per tonne. NALCO has raised its aluminium ingot price by INR...
AEROBOL indicates a 1.2% drop in 2021 aluminium aerosol cans shipments on weaker demand in EU & UK
AEROBAL, the international organisation representing aluminium aerosol cansmanufacturers, has reported a drop of 1.2 per cent in global aluminium aerosol container shipments to its members to around 5.6 billion units in 2021. As per the analysis, reduced demand in Europe was the main cause for the...
Hindalco’s aluminium wire rod & billets prices witness a rise of INR14750/t as LME price nears US$4000/t
Hindalco Industries Limited has continued to hike its aluminium products and aluminium ingot prices, with effect from Tuesday, March 8, in line with the rally of LME aluminium price close to US$4,000 per tonne. Aluminium wire rod selling price of the company has seen a raise of INR 14,750 per tonne...
A00 aluminium ingot price plummets by RMB1140/t on lower downstream purchases
A00 aluminium ingot price in China has nosedived by RMB 1,140 per tonne on Tuesday, March 8, to come in at RMB 22,720 per tonne, found the Shanghai Metals Market, attributable to lower willingness of downstream purchases in the domestic market. The average prices are expected to range between RMB...
Ball Corporation begins to construct UK’s largest aluminium can production facility in Kettering
Ball Corporation, a leading US-based can producer, has begun constructing the UK’s largest aluminium can production facility in Kettering in response to the increased demand for cans as an alternative to plastic. The company reported the plant is set for completion in January 2023, aiming at...
India’s aluminium scrap imports from US record quarterly growth of 18% in 4Q2021 despite M-o-M downfall during Oct.-Dec.
India’s aluminium scrap imports from the United States in December 2021 edged a downfall of 6,600 tonnes or 13.50 per cent month-on-moth to stand at 42,300 tonnes, found the US census bureau data. In November, India’s aluminium scrap imports were at 48,900 tonnes from the US, down by 13.30 per cent...
Supply disruption fear continues to lift LME aluminium price exponentially to US$3851/t; SHFE price underperforms LME at US$3774/t
Three-month LME aluminium opened at US$3,765 per tonne last Friday and hit a high of US$3,867 per tonne before closing at US$3,840.50 per tonne, an increase of $74 per tonne or 1.96 per cent. On Friday, March 4, LME aluminium benchmark prices continued to rise exponentially to exceed US$3,800 per...
Primary Aluminium Weekly Recap: LME aluminium price stands all-time high at $3728.50/t; EGA books record profit of $1.5 billion for 2021
Supply disruptions, high logistical costs driven by Russia-Ukraine conflict and several international sanctions on Russia were some of the concerns in the global primary aluminium market, resulting in rallied metal prices. Starting the week on February 28 at US$3,450 per tonne, LME aluminium...
