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.
Hindalco further hikes its aluminium ingot price by INR4250/t on January 13 as LME price exceeds US$3000/t
Hindalco Industries Limited has further hiked its aluminium ingot and aluminium products prices in line with the LME aluminium benchmark price surge yet again above US$3,000 per tonne. With effect from Thursday, January 13, Hindalco has increased the aluminium ingot price by INR 4,250 per tonne to...
LME aluminium benchmark price exceeds US$3000/t yet again; SHFE price declines by US$21/t
LME aluminium opened at US$2,976 per tonne on Wednesday and closed at US$2,945 per tonne, a decrease of US$38 per tonne or 1.27 per cent. On Wednesday, January 12, both LME aluminium cash (bid) price and LME aluminium official settlement price yet again crossed US$3,000 per tonne by gaining US$54...
India’s aluminium scrap imports from US show a 22% hike M-o-M in Oct’2021; Imports in 10 months surge by 43%
In October 2021, India imported 56,400 tonnes of aluminium scrap from the United States, found the Shanghai Metals Market. That was an increase of 10,300 tonnes or 22.34 per cent from 46,100 tonnes in September. In August, India imported 45,300 tonnes of aluminium scrap, meaning the imports in...
Novelis to invest $365 million in building a new advanced closed-loop recycling centre for aluminium auto sheet
Novelis Inc., an American industrial aluminium company, has reportedly announced its plan to invest $365 million to build a highly advanced recycling centre for automotive in North America. The project, to be built adjacent to Novelis’ existing automotive finished plant in Guthrie, Kentucky, will...
Hindalco Industries grows its aluminium ingot price by INR1500/t to INR251000/t on January 12
Hindalco Industries Limited has continued to increase its aluminium ingot and aluminium products prices for the fourth time in a row, with effect from Wednesday, January 12. The company’s aluminium ingot price has witnessed an increase of INR 1,500 per tonne to INR 251,000 per tonne, compared to...
Alumina spot price in China inches up by RMB4/t to RMB2845/t; A00 aluminium ingot price gains RMB60/t
The average alumina spot price in China has continued to grow by RMB 4 per tonne to come in at RMB 2,845 per tonne on Wednesday, January 12, found the Shanghai Metals Market. In Shandong, the price has increased by RMB 15 per tonne to RMB 2,895 per tonne, followed by the rise of RMB 5 per tonne in...
China’s aluminium production in December’21 drops 3% on year but grows 3.6% M-o-M to 3.18 MT: SMM
In December (31 calendar days) 2021, China produced 3.18 million tonnes of aluminium, which was 3.17 per cent less than a year ago but 3.58 per cent more than 3.07 million tonnes in November 2021, found the Shanghai Metals Market data. The daily average output was 102,400 tonnes, up 100 tonnes per...
October 2021 primary aluminium production in US records a growth of 5.55% M-o-M to 76,000 tonnes: USGS
According to the recent data shown by the US Geological Survey, domestic primary aluminium production in the country in October 2021 was 76,000 tonnes. That was an increase of 4,000 tonnes or 5.55 per cent from 72,000 tonnes in September 2021 and a marginal rise of 1,000 tonnes from 75,000 tonnes...
Metallurgical-grade alumina production in China further expands by 4.27% to 6.36 MT in December’21
Alumina production in China in December 2021 (31 calendar days) was 6.59 million tonnes, of which metallurgical-grade alumina output stood at 6.36 million tonnes, found the Shanghai Metals Market. On a month-on-month calculation, the metallurgical-grade alumina output extended hike by 4.27 per cent...
LME aluminium price further grows by US$7/t to US$2919.50/t; SHFE settles higher at US$3307/t
LME aluminium opened at US$2,930 per tonne last Friday and closed at US$2,922.50 per tonne, down by US$7.50 per tonne or 0.26 per cent. On Friday, January 7, LME aluminium cash (bid) price and LME aluminium official settlement price grew by US$7 per tonne to settle at US$2,919 per tonne and...
Primary aluminium weekly recap: NALCO chairman anticipates supply-demand gap to increase in 2022; Alba’s production performance in 2021 sets a new record
The global primary aluminium industry is spotted with much important news this week, such as Montenegro Uniprom in the Balkan nation has closed down the country’s exclusive aluminium smelter KAP, following its failure to agree on a new electricity price with power company EPCG. Veselin Pejovic, the...
LME aluminium price soared this week by US$104/t to close at US$2919.50/t; SHFE price settled at US$3278/t
The London Metal Exchange opened this week on Tuesday, January 4, with LME aluminium cash (bid) price and LME aluminium official settlement price surge by US$9.50 per tonne to US$2,815 per tonne and US$2,815.50 per tonne, respectively. On January 5, the same prices soared by US$50.50 per tonne or...
Hazelett Strip-Casting Corporation joins EBNER Group; they will offer complete process lines to aluminium flat rolled products industry
Hazelett Strip-Casting Corporation of Colchester has reportedly become a member of the EBNER Group through the acquisition by EBNER. The EBNER Group, which consists of EBNER Industrieofenbau in Leonding, Austria; EBNER Furnaces in Wadsworth, USA; EBNER Industrial Furnaces in Taicang, China;...
Hindalco further hikes its aluminium wire rod & billets prices by INR3500/t with effect from January 7
Hindalco Industries Limited has continued to increase its aluminium products and aluminium ingot prices for the third consecutive day, with effect from Friday, January 7. The company has hiked its aluminium wire rod price by INR 3,500 per tonne, bringing it to INR 260,600 per tonne. A day ago (on...
NALCO’s aluminium ingot price sees a surge of INR9100/t to range between INR247450- 250950/t on January 7
National Aluminium Company Limited (NALCO) has significantly increased its aluminium ingot and aluminium products prices with effect from Friday, January 7, following a cut on January 1. The hike is in line with the LME aluminium benchmark price rise by US$50.50 per tonne on January 5. NALCO’s...
Alumina production in South America declines 4% to 945,000 tonnes in Nov’21; Output in North America stands at 209,000 tonnes
According to the International Aluminium Institute, alumina production in South America stood at 945,000 tonnes in November 2021, a decrease of 40,000 tonnes or 4.06 per cent from a month ago. In October, the output in South America was 985,000 tonnes, which was up by 12.70 per cent from 874,000...
A00 aluminium ingot price in China continues to hike to exceed RMB21000/t; Aluminium alloy (A356) price expands by RMB300/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has continued to hike for the third day in a row to exceed RMB 21,000 per tonne. Data shows the price has surged by RMB 300 per tonne on Friday, January 7, to close the week at RMB 21,040 per tonne. The average prices are...
Hindalco Industries back-to-back grows its aluminium ingot price to INR246000/t w.e.f. January 6
Hindalco Industries Limited has back-to-back increased its aluminium ingot and aluminium products prices, with effect from Thursday, January 6, 2021. The company’s aluminium ingot price has come in at INR 246,000 per tonne, up by INR 1,250 per tonne from the previous day. On Wednesday, January 6,...
