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.
Novelis achieves GreenCircle Certification for 99% recycled aluminium content in three of its alloys
On Tuesday, January 18, Novelis Inc., the world leader in aluminium rolling and recycling, announced that the 99% recycled aluminium content in three of its alloys produced for the building and construction industry has independently been approved by GreenCircle. The certification includes Novelis’...
ASI certifies OETINGER Aluminium against Performance Standard Certification with Provisional status
The Aluminium Stewardship Initiative has certified OETINGER Aluminium against the Performance Standard Certification with Provisional status for the production of aluminium alloys from scrap and recycled materials at Weißenhorn and Neu-Ulm plants in Germany. The two plants together produce nearly...
LME aluminium price slips by US$3/t to US$3006; SHFE price surges by US$64/t to US$3392/t
LME aluminium opened at US$2,995 per tonne on Tuesday and closed at US$3,020 per tonne, an increase of US$20 per tonne or 0.67 per cent. On Tuesday, January 18, both LME aluminium cash (bid) price and LME aluminium official settlement price slipped by only US$3 per tonne to stand at US$3005 per...
ASI certifies ProfilGruppen Extrusions AB for developing customised aluminium extrusions & components
On Tuesday, January 18, Aluminium Stewardship Initiative has announced that it successfully certified ProfilGruppen Extrusions AB against the Performance Standard Certification for the development and manufacture of customised aluminium extrusions and components at Aseda, Sweden plant. The products...
China’s 2021 aluminium imports grow record high to 3.2 million tonnes, shows General Administration of Customs
Even amidst the downfall in China’s aluminium imports in December 2021, snapping three monthly gains, the country’s total imports throughout the year stood strong enough to mark record shipments in 2021. China, the world’s biggest aluminium producer and consumer, imported 3.2 million tonnes of...
US aluminium scrap exports to Malaysia see a hike of 18% to 48,700 tonnes in October 2021
According to the US census bureau report, the United States’ aluminium scrap exports to Malaysia stood at 48,700 tonnes in October 2021. That was an increase of tonnes or 18.20 per cent from 41,200 tonnes in September 2021. In August, the export volume was at 56,900 tonnes, which indicate a...
Hindalco’s aluminium ingot price grows by INR3250/t over two days ending January 18, 2022
Hindalco Industries Limited has further increased its aluminium ingot and aluminium products prices over the last two days ending January 18, 2022. The company has raised its aluminium ingot price by INR 3,250 per tonne or 1.28 per cent to INR 257,000 per tonne. On Saturday, January 15, Hindalco’s...
China’s alumina spot price continues to surge by RMB73/t to RMB2972/t; A00 aluminium ingot price hikes by RMB130/t
The average alumina spot price in China has surged for the second day in a row by RMB 73 per tonne to come in at RMB 2,972 per tonne as of Tuesday, January 18. In Henan and Shanxi, the price has soared by RMB 85 per tonne to settle at RMB 2,995 per tonne. The average prices are expected to range...
Hydro building new photovoltaic power system to supply electricity to 8-inch aluminium extrusion press
According to a report on January 17, 2022, Hydro will establish a new photovoltaic power system at its aluminium extrusion plant in Trzcianka, Poland. The power system will expectedly come into operation in Q3, 2022, to generate 7.5GWh/year of power to supply electricity to the new 8-inch extrusion...
Aluminum Association CEO says US aluminum industry investment back on track
On Friday, January 14, Aluminum Association CEO Charles Johnson pointed out that investment in the US aluminum industry has started rising backed on the improvement in the economy in 2021. He added domestic producers announced investment of $800 million or more in Greenfield and expansion projects...
Hindalco’s aluminium billets price sees an increase of 0.75% to INR267850/t with effect from January 15
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices on Saturday, January 15, following a cut in the preceding day. The company grew its aluminium billets price by INR 2,000 per tonne or 0.75 per cent to INR 267,850 per tonne. On January 14, the price stood at INR...
LME aluminium benchmark price grows by US$17.5/t to US$2977.5/t; SHFE price closes lower at US$3325/t
LME aluminium opened at US$2,977 per tonne last Friday and closed at US$2,987 per tonne, an increase of US$9.50 per tonne or 0.32 per cent. On Friday, January 14, LME aluminium cash (bid) price closed at US$2,977 per tonne. LME aluminium official settlement price, on the other hand, settled at...
Primary Aluminium Weekly Recap: Valuation of Lochaber aluminium smelter scales up by £100 million, NALCO puts its 960th potline into operation
Some of the important news spotted in the global primary aluminium industry this week included the valuation of Lochaber aluminium smelter scaled up by £100 million, which was acquired from Rio Tinto Alcan and a very small amount was further invested. The news came on Monday, January 10, after the...
NALCO’s aluminium ingot price grows by INR2100/t to hover around INR249,550- 253,050/t w.e.f. January 14
National Aluminium Company Limited (NALCO) continued to increase its aluminium ingot and aluminium products prices for the second time in a row, with effect from Friday, January 14. The company’s aluminium ingot price saw a rise of INR 2,100 per tonne to a range between INR 249,550- 253,050 per...
Hindalco’s aluminium wire rod price sees a cut of INR3500/t after several hikes since January 5
Hindalco Industries Limited has reduced its aluminium products and aluminium ingot prices, with effect from Friday, January 14, after the four consecutive hikes since January 5, 2022. The company has cut its aluminium wire rod price by INR 3,500 per tonne to INR 262,850 per tonne. On January 13,...
FRECH Group from Schorndorf acquires ZPF GmbH, Germany-based aluminium melting furnace specialist
According to a recent report, FRECH Group from Schorndorf has acquired ZPF GmbH, Germany-based aluminium melting furnace specialist. As per the report, the negotiations between the two companies were concluded in December, before the Christmas, and there is an excellent perspective for the...
Alumina spot price in China continues to grow to close the week at RMB2862/t; A00 aluminium ingot price plunges by RMB400/t
According to the Shanghai Metals Market, the average alumina spot price in China has increased for the fifth day in a row by RMB 13 per tonne to stand at RMB 2,862 per tonne as of Friday, January 14. In Guangxi, alumina price has hiked by RMB 30 per tonne to come in at RMB 2,750 per tonne, while...
China’s primary aluminium inventories plunge by 52,000 tonnes to settle at 724,000 tonnes this week
According to the Shanghai Metals Market, social inventories of primary aluminium in China have continued to decrease by 52,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Further plunge has brought the inventories to 724,000 tonnes as of Thursday, January 13,...
