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 expands its aluminium ingot price by INR5400/t with effect from February 17
National Aluminium Company Limited has further expanded its aluminium ingot and aluminium products prices, with effect from Thursday, February 17. The company’s aluminium ingot price has seen a hike of INR 5,400 per tonne to range between INR 280,450-283,950 per tonne. On February 9, the price had...
Primary aluminium inventories in China hike by 90,000 tonnes to exceed 1 million tonnes on Feb. 17
According to the Shanghai Metals Market, social inventories of primary aluminium in China have built-up by 90,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Data shows the inventories have thus, come in at 1.04 million tonnes as of Thursday, February 17,...
Hindalco chops its aluminium ingot price by INR6250/t with effect from February 16
Hindalco Industries Limited chopped its aluminium ingot and aluminium products prices on Wednesday, February 16, following a hike of INR 9,500 per tonne on the previous day. With effect from February 16, Hindalco’s aluminium ingot price was cut by INR 6,250 per tonne from INR 285,500 per tonne on...
Metallurgical-grade alumina production in China slips by 1.26% to 6.28 million tonnes in January 2022
According to the Shanghai Metals Market, alumina production in China during January 2022 came in at 6.5 million tonnes, of which metallurgical-grade alumina stood at 6.28 million tonnes. That was a month-on-month decline of 1.26 per cent from 6.36 million tonnes of metallurgical-grade alumina. SMM...
LME aluminium price regains US$59/t as tensions ease between Russia and US; SHFE price grows to US$3581/t
LME aluminium opened at US$3,191 per tonne on Wednesday, February 16, and closed at US$3,250 per tonne, an increase of US$56 per tonne or 1.75 per cent. LME aluminium cash (bid) price and LME aluminium official settlement price moved up by US$59 per tonne or 1.83 per cent to US$3,280 per tonne and...
Iran’s aluminium ingot output in ten-month grows 24% to 453,436t; aims to produce 1.5 MT annually in next 4 years
Aluminium ingot production in Iran rose 24 per cent during the first ten months of the current Iranian calendar year (March 21, 2021-January 20, 2022) to come in at 453,436 tonnes versus 364,783 tonnes during the same period last year. As was announced earlier by Iranian Mines and Mining Industries...
China’s bauxite imports grow 13% M-o-M to 8.73 million tonnes in December 2021; Guinea exports 3.56 million tonnes
According to the recent data released by General Administration of Customs, China imported 8.73 million tonnes of bauxite in December 2021, which reflected a month-on-month increase of 13.32 per cent and a year-on-year hike of 16.4 per cent. From Australia, China imported 2.9 million tonnes of...
AlCirlce Expo Day 2: Join us to make the final day memorable
After a successful Day 1, AlCircle team is ready to welcome you to Day 2 of AlCircle Expo 2022. The event will go live today at 11:00 AM GMT, with a host of esteemed speakers, exhibitors, and sponsors, to make the final day even more eventful. Some of the eminent companies to be present in the...
Hindalco’s aluminium wire rod price rebounds to INR296,600/t with effect from February 15
Hindalco’s aluminium products prices rebounded on Tuesday, February 15, in line with the LME aluminium benchmark price hike on the previous day. Hindalco Industries Limited increased its aluminium wire rod price by INR 9,500 per tonne from INR 287,100 per tonne on February 12 to INR 296,600 per...
China’s A00 aluminium ingot price slips by RMB90/t to settle at RMB22590/t; Aluminium alloy(A356) price declines by RMB100/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has slipped by RMB 90 per tonne, following a hike last day. Thus, the price has come in at RMB 22,590 per tonne on Wednesday, February 16. The average prices are expected to range between RMB 22,570 per tonne and RMB 22,610...
Hindalco sharply cuts its aluminium ingot price by INR7750/t as LME aluminium price slips by US$113/t
After three consecutive hikes from February 5 to February 11, Hindalco Industries Limited slashed its aluminium ingot and aluminium products prices, with effect from Saturday, February 12, in line with the LME aluminium price plunge. With the latest cut, Hindalco’s aluminium ingot price came in at...
Assan Aluminyum’s Tuzla and Dilovasi flat-rolled production and recycling facilities bag ASI Performance Standard Certification
Assan Aluminyum has achieved the Aluminium Stewardship Initiative's Performance Standard Certification after a successful on-site audit. The Performance Standard Certification has certified Assan Aluminyum’s Tuzla and Dilovasi flat-rolled production and recycling facilities for conforming to global...
One day to go to AlCircle Expo 2022! Gear up for participation
The wait is about to end, and we’re here to remind you that there’s only one day to go to our third virtual event AlCircle Expo 2022 on February 15 & 16, from 11 AM to 7 PM (GMT). We are excited to meet you at the event, an ideal platform to expand business network, explore new business ideas,...
ASI certifies BORBET Group against Performance Standard Certification for responsible production at aluminium alloy wheels facilities
On Friday, February 11, Aluminium Stewardship Initiative announced that it certified BORBET Group against the Performance Standard Certification for the manufacture of aluminium alloy wheels at facilities including Medebach (Germany), Ranshofen (Austria), Solingen (Germany), Bad Langensalza...
LME aluminium benchmark price shrinks by US$113/t to close at US$3200/t; SHFE price settles lower at US$3555/t
LME aluminium opened at US$3,238 per tonne last Friday and ranged between US$3,108-3,240 per tonne before closing at US$3,199 per tonne, a decrease of US$39 per tonne or 1.2 per cent. On Friday, February 11, LME aluminium cash (bid) price slipped by US$112.50 per tonne to come in at US$3,199.50 per...
Primary aluminium weekly recap: Alba reports strongest financial performance in its 5 decades; Hydro to curb 60% production at Slovalco aluminium smelter
This week saw releases of quarterly and full-year operational and financial reports by some leading primary aluminium producing companies like Rusal from Russia, Alba from Bahrain, and NALCO from India. Rusal reported a 1 per cent quarter-on-quarter growth in its aluminium production to 953,000...
LME aluminium benchmark price hits 14-year high this week; SHFE price closes above US$3600/t
The LME aluminium benchmark price continued to trend up throughout the week from Monday, February 7, to Thursday, February 10, to reach a 14-year high. It started the week at US$3,148 per tonne, seeing a rise of US$61 per tonne or 1.98 per cent from the previous day. On Tuesday, February 8, the LME...
Rusal’s aluminium production in 4Q2021 grows by only 1% Q-o-Q to 953,000 tonnes, while sales volume hike 8% to 989,000 tonnes
Rusal reported a 1 per cent quarter-on-quarter growth in its aluminium production to 953,000 tonnes in Q4 2021, with Siberian smelters representing 93 per cent of the total output. In full-year, Rusal’s aluminium production stood at 3.764 million tonnes, mostly unchanged compared to 3.755 million...
