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.
A00 aluminium ingot price in China records a surge of RMB620/t on supply woes; Aluminium alloy (A356) price soars to RMB23800/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has resumed the week after the Chinese New Year holiday with a jump of RMB 620 per tonne to hit a 3-1/2 month high, as the market is bolstered by supply concerns and inventories have touched the lowest since 2007. SMM data...
ASI certifies Mineração Rio do Norte – MRN, largest Brazilian bauxite producer and exporter against Performance Standard
The Aluminium Stewardship Initiative has reportedly certified Mineração Rio do Norte – MRN against the Performance Standard certification for bauxite mining operations and power generation at Porto Trombetas facility in State of Pará, Brazil. Their activities include the planning, mining,...
Ball Corporation and Anheuser-Busch partner to bring infinitely recyclable Ball Aluminum Cup™ at Big Game on Feb 13
Ball Corporation, the world's leading provider of innovative and sustainable aluminum packaging, and Anheuser-Busch, an American brewing company, has reportedly teamed up to bring the infinitely recyclable Ball Aluminum Cup™ to guests at Big Game on February 13, 2022, at SoFi Stadium in Los...
Hydro completes sale of Kuppam aluminium extrusion plant to Hindalco Industries Ltd.
On Tuesday, February 1, Hydro completed the sale of its aluminium extrusion plant in Kuppam, India, to Hindalco Industries Limited, as was expected in the first quarter of 2022. On December 17, Hydro had signed a Business Transfer Agreement to sell its extrusion operations in Kuppam to Hindalco for...
LME aluminium benchmark price stands 0.51% higher at US$3058.5/t; SHFE is closed for CNY holiday
The LME aluminium benchmark price gained US$15.50 per tonne or 0.51 per cent on Thursday, February 3, following three consecutive days of fall from US$3,110 per tonne to US$3,043 per tonne. LME aluminium cash (bid) price and LME aluminium official settlement price settled at US$3,058 per tonne and...
NALCO cuts its aluminium ingot price by INR4500/t or 1.7% with effect from February 1
National Aluminium Company Limited (NALCO) slashed its aluminium ingot and aluminium products prices, with effect from, Tuesday, February 1, following five consecutive hikes since January 7. With the latest cut, NALCO’s aluminium ingot price came in at INR 260,550-264,050 per tonne, down by INR...
AAI seeks 25-30 coal rakes per day for viable operations of the aluminium industry
On Wednesday, February 2, the Aluminium Association of India demanded from the government a supply of 25-30 coal rakes per day to ensure viable operations of the aluminium industry. The association informed the government about the availability of coal stocks for only three to four days while...
Hindalco’s aluminium ingot price sees a back-to-back cut to stand at INR262,750/t on February 2
Hindalco Industries Limited back-to-back reduced its aluminium ingot and aluminium products prices, with effect from Wednesday, February 2. The company’s aluminium ingot price saw a cut of INR 2,000 per tonne or 0.76 per cent to come in at INR 262,750 per tonne. On February 1, the price stood at...
India’s aluminium scrap imports from India reflect a 13% decline M-o-M in November 2021: USGS
In November 2021, India’s aluminium scrap imports from the United States dwindled by 7,500 tonnes or 13.30 per cent month-on-month to come in at 48,900 tonnes,found the latest US Census Bureau data. In October, the United States aluminium scrap exports to India stood at 56,400 tonnes, up by 22.34...
Stefan Glimm stepping down as Director General of the Global Aluminium Foil Roller Initiative (GLAFRI)
According to a recent report, Stefan Glimm will retire from his remaining responsibility as Director General of the Global Aluminium Foil Roller Initiative (GLAFRI) at the end of February 2022. He served the aluminium foil industry for 30 years and the aluminium industry in general for almost four...
Domestic primary aluminium production in US grows 1,000 tonnes YoY to 75,000 tonnes in November 2021
In November 2021, domestic primary aluminium production in the United States stood at 75,000 tonnes, reflecting a dip of 1,000 tonnes or 1.32 per cent month-on-month from 76,000 tonnes. On a year-on-year calculation, on the other hand, the output in November grew 1,000 tonnes from 74,000 tonnes....
Rio Tinto announces 6% QoQ decline in bauxite production to 13.1 MT in 4Q2021; Aluminium output slips 2% to 757,000 tonnes
On Wednesday, February 2, Rio Tinto announced its fourth-quarter and full-year 2021 report, revealing the bauxite output in Q4 at 13.1 million tonnes, down by 6 per cent quarter-on-quarter and 2 per cent year-on-year. In the entire year, the company’s bauxite production came in at 54.3 million...
Hindalco Industries slashes its aluminium ingot price by INR3250/t with effect from February 1
Hindalco Industries Limited slashed its aluminium ingot and aluminium products prices, with effect from Tuesday, February 1, after two consecutive hikes on January 26 and 28. The company cut its aluminium ingot price by INR 3,250 per tonne to INR 264,750 per tonne. On the previous day, January 28,...
LME aluminium benchmark price drops by US$4/t to close at US$3072/t; SHFE is closed for CNY holiday
The LME aluminium benchmark price dropped slightly on Tuesday, February 1, following a plunge of US$34 per tonne on the previous day to US$3,076 per tonne. On Tuesday, February 1, LME aluminium cash (bid) price inched down by US$2.50 per tonne to stand at US$3,071.50 per tonne, while LME aluminium...
Primary aluminium production in Russia & Eastern Europe reflects a 4% rise to 351,000 tonnes in December 2021
In December 2021, primary aluminium production in Russia & Eastern Europe stood at 351,000 tonnes, up by 12,000 tonnes or 3.54 per cent month-on-month, found the International Aluminium Institute. In November, primary aluminium production in Russia and Eastern Europe came in at 339,000 tonnes, down...
Matalco Inc. acquires Ohio Valley Aluminum Co. LLC, high-quality 6000-series aluminum billet manufacturer
Matalco Inc., a division of Toronto-based Giampaolo Group Inc., has reportedly acquired the Ohio Valley Aluminum Co. LLC (OVACO), based in Shelbyville, Kentucky. The news came after KPMG Corporate Finance LLC, which served as the financial advisor of the OVACO, reported it officially. Founded in...
Alumina production in South America grows 3.67% Q-o-Q to 2.934 MT during 4Q2021; Output in North America hikes 5.3%
In December 2021, alumina production in South America stood at 1.004 million tonnes, climbing up by 6.24 per cent month-on-month, found the International Aluminium Institute. In November, the output was 945,000 tonnes, down by 40,000 tonnes or 4.06 per cent from 985,000 tonnes in October 2021. On...
Hindalco’s aluminium wire rod price surges by INR5250/t with effect from January 28
Hindalco Industries Limited hiked its aluminium products and aluminium ingot prices for the second time in a row last week, with effect from Friday, January 28. The company’s aluminium wire rod price saw a surge of INR 5,250 per tonne or 1.92 per cent to INR 279,100 per tonne as of January 28. On...
