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.
Alumina production in Africa & Asia (ex-China) grows 2.2% M-o-M to 1.114 million tonnes in November 2021
According to the International Aluminium Institute data, alumina production in Africa & Asia (ex-China) stood at 1.114 million tonnes in November 2021, up by 2.20 per cent from 1.090 million tonnes in October. In September, alumina output in Africa & Asia (ex-China) amounted to 1.100 million...
LME aluminium price drops by US$5.50/t to settle at US$2829.50/t; SHFE price surges by US$33/t
LME aluminium opened at US$2,813.50 per tonne on Thursday, December 30, and closed at US$2,815 per tonne, an increase of US$3 per tonne or 0.11 per cent. Both LME aluminium cash (bid) price and LME official settlement price continued to decrease on Thursday, December 30, to stand at US$2,829 per...
Primary aluminium inventories in China shrink by 65,000 tonnes to 799,000 tonnes on December 30
According to the Shanghai Metals Market, social inventories of primary aluminium in China have continued to decrease week-on-week across eight major consumption areas, including SHFE warrants. Data shows the inventories have plunged by 65,000 tonnes this week to come in at 799,000 tonnes as of...
Hindalco Industries’ aluminium wire rod price sees a slash of INR3750/t with effect from December 30
Hindalco Industries Limited has slashed both of its aluminium wire rod and billets prices, with effect from Thursday, December 30. The company’s aluminium wire rod price has witnessed a cut of INR 3,750 per tonne to stand at 256,600 per tonne, as against INR 260,350 per tonne on December 25....
World alumina production in Nov’21 remains unchanged M-o-M at 11.352 MT but grows 0.16% Y-o-Y
According to the recent data revealed by the International Aluminium Institute, world alumina production in November 2021 stood at 11.352 million tonnes, essentially unchanged compared to 11.353 million tonnes in October 2021. In September, the output came in at 11.166 million tonnes, meaning the...
A00 aluminium ingot price in China stands above RMB20,000/t; Aluminium alloy(A356) price surges by RMB200/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has hiked for the second consecutive day by RMB 210 per tonne to reach above RMB 20,000 per tonne yet again. Data shows the price is standing at RMB 20,130 per tonne as of December 30, with average prices likely to range...
North America’s primary aluminium output declines 6% Y-o-Y to 308,000 tonnes in Nov’21; Output in South America grows 14%
According to the International Aluminium Institute, primary aluminium production in North America stood at 308,000 tonnes during November 2021, down by 10,000 tonnes or 3.14 per cent from 318,000 tonnes in October 2021. In September 2021, primary aluminium production in North America came in at...
Hindalco grows its aluminium billets and wire rod prices by INR1750/t with effect from December 25
Hindalco Industries Limited grew its aluminium billets and aluminium wire rod prices by INR 1,750 per tonne with effect from Saturday, December 25. The hike brought the company’s aluminium wire rod price to INR 260,350 per tonne as against INR 258,600 per tonne on December 23. Hindalco’s aluminium...
SHFE aluminium price decreases by US$22/t to US$3102/t; LME is closed for Christmas Holiday
The London Metal Exchange was closed on Monday, December 27, for the Christmas Holiday. On the last day of trading, which was on Friday, December 24, the three-month LME aluminium opened at US$2,845 per tonne and closed at US$2,820 per tonne, a decrease of US$28 per tonne or 0.98 per cent. LME...
NALCO hikes its aluminium ingot price by over INR10,000/t to INR242,550-246,050/t w.e.f. December 24
National Aluminium Company Limited (NALCO) significantly hiked its aluminium ingot and aluminium products prices on Friday, December 24. The company’s aluminium ingot price came in at INR 242,550-246,050 per tonne, up by INR 10,600 per tonne or 4.5 per cent from INR 231,950- 235,450 per tonne on...
Primary Aluminium Weekly Recap: China’s aluminium imports hit a year high at 2.97 MT in 11 months; Global aluminium output in 11 months stands 3.6% higher
Several news in the primary aluminium industry have made round ups this week, but among them what has gained the most attention is China’s year-high aluminium imports within the 11 months of 2021, as limited domestic aluminium production due to power usage restrictions underpin demand for overseas...
Africa’s primary aluminium production in November shrinks by 6,000 tonnes M-o-M to 131,000 tonnes: IAI
According to the latest data revealed by the Indian Aluminium Institute (IAI), primary aluminium production in Africa stood at 131,000 tonnes in November 2021, down by 6,000 tonnes or 4.38 per cent from 137,000 tonnes in October. But the output in October saw a month-on-month rise of 5,000 tonnes...
China’s prebaked anode exports soar by 63% M-o-M to 234,100 tonnes in November 2021, shows customs data
According to China customs data, the country’s prebaked anode exports soared by 63.3 per cent month-on-month to 234,100 tonnes in November 2021. On a year-on-year calculation, the exports stood even higher by 178.1 per cent, hitting the highest level in 2021. But amid the sharp hike in export...
Hydro decides to invest NOK60 million in Ardal aluminium plant to upgrade electrolysis cells
Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, has reportedly planned for an investment of NOK60 million to upgrade the electrolysis cells at the aluminium plant in Ardal, Norway. The project will improve the working environment for the operators at the metal plant, reduce...
LME aluminium price grows by US$7/t to stand at US$2818/t; SHFE price drops to US$3159/t
LME aluminium opened at US$ 2,817.50 per tonne on Thursday and closed at US$2,850 per tonne, an increase of US$26 per tonne or 0.92 per cent. On Thursday, December 23, LME aluminium cash (bid) price and LME aluminium official settlement price continued to move up, although lower, by US$7 per tonne...
Primary aluminium inventories in China decrease by 40,000 tonnes to 864,000 tonnes on December 23
Primary aluminium inventories in China have continued to decrease by over 40,000 tonnes week-on-week as of Thursday, December 23. According to the Shanghai Metals Market, the inventories this week have shed by 46,000 tonnes to come in at 864,000 tonnes across the eight major Chinese consumption...
Hindalco Industries’ aluminium ingot price undergoes a hike of INR3000/t with effect from December 22
Hindalco Industries Limited increased its aluminium ingot and aluminium products prices with effect from Wednesday, December 22, after a cut on the previous day. Hindalco’s aluminium ingot price came in at INR 238,250 per tonne on December 22 after being grown by INR 3,000 per tonne from INR...
US aluminium plates, sheets and bars imports from Turkey decline 26% Q-o-Q to 15,200 tonnes in Q3 2021
In September 2021, the United States imported 5,480 tonnes of aluminium plates, sheets and bars from Turkey. That remained essentially unchanged month-on-month compared to 5,490 tonnes but significantly up by 321.54 per cent from 1,300 tonnes than a year earlier. In July, the US imported 4,230...
