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.
Aluminium extrusion exports from China to EU move up 18% M-o-M to 88,100 tonnes in November 2021
According to China customs data, the country’s aluminium extrusion exports (tariff codes 76041010, 76041090, 76042100, 76042910, 76042990) stood at 88,100 tonnes in November 2021, up by 18 per cent month-on-month and an increase of 5 per cent year-on-year. Of the total exports, the European Union...
A00 aluminium ingot price in China jumps by RMB510/t to exceed RMB20000/t; Aluminium alloy (A356) price closes above RMB22000/t
A00 aluminium ingot price in China has jumped by RMB 510 per tonne on Thursday, December 23, marking hike for the second consecutive day after an intermitted decline on December 21. According to the Shanghai Metals Market, the growth today has again sent the primary aluminium ingot price to above...
NALCO’s aluminium ingot price gains INR2700/t to range between INR231,950- 235,450/t w.e.f. December 21
National Aluminium Company Limited has increased its aluminium ingot and aluminium products prices, with effect from Tuesday, December 21, since the last hike of INR 3,000 per tonne on December 10. With the latest hike, NALCO’s aluminium ingot price has come in at INR 231,950- 235,450 per tonne, up...
Global primary aluminium production in 11 months stands 3.6% higher at 61.792 million tonnes: IAI
In November 2021, the global primary aluminium production stood at 5.497 million tonnes, a decrease of 3.37 per cent from 5.689 million tonnes in October. On a year-on-year calculation too, the output stood down, although marginally, by 0.20 per cent than 5.508 million tonnes. In three month time...
Global aluminium rolling and recycling company Speira joins ASI as 208th Production and Transformation member
The Aluminium Stewardship Initiative has reportedly announced the joining of Speira as ASI’s new Production and Transformation member, bringing the total number of members to 208. Speira is a global aluminium rolling and recycling company, which stands for the circularity of metal production,...
A00 aluminium ingot price in China declines by RMB160/t after two days of hike; Alumina spot price inches down by RMB5/t
After the two consecutive days of hike on December 17 and 20, A00 aluminium ingot price in China has plunged by RMB 160 per tonne to stand at RMB 19,420 per tonne on Tuesday, December 21, found the Shanghai Metals Market. The average prices are expected to range between RMB 19,400 per tonne and RMB...
China’s demand for imported bauxite to rise 20% to 132 million tonnes in 2022: Antaike
China’s demand for imported bauxite is expected to rise by about 20 per cent year-on-year in 2022, backed on increasing demand for the raw material from domestic alumina producers, pointed out the state-owned research agency Antaike. China’s alumina producing capacity using imported bauxite is...
Hindalco Industries grows its aluminium wire rod price for the second day in a row by INR5000/t w.e.f. December 18
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices back-to-back on Saturday, December 18. The company grew its aluminium wire rod price by INR 5,000 per tonne or 2.03 per cent from INR 245,850 per tonne on December 17 to INR 250,850 per tonne. Hindalco’s...
China’s aluminium imports hit a year high at 2.97 million tonnes in 11 months, customs data shows
China’s aluminium imports have already recorded a year high within 11 months (January-November) of 2021 as limited domestic aluminium production due to power usage restrictions underpin demand for overseas metal. According to China customs data, arrivals of unwrought aluminium and products,...
LME aluminium price stands 2.4% higher at US$2694/t; SHFE price soars for the second day in a row to US$3093/t
LME aluminium opened at US$2,676 per tonne last Friday and closed at US$2,733.50 per tonne, an increase of US$52.5 per tonne or 1.96 per cent. On Friday, December 17, LME aluminium cash (bid) price and LME aluminium official settlement price soared by US$64 per tonne or 2.4 percent to come in at...
Primary aluminium weekly recap: Ministry of mines recommends 10% import duty on primary aluminium products; Shortage of global primary aluminium supply during Jan-Oct'21
One of the major highlights that grabbed the attention of the primary aluminium industry this week was the written recommendation by India’s ministry of mines for the raise of import tariff on primary aluminium products. Early this week, the ministry of mines recommended the ministry of finance to...
Rusal inaugurates the first phase of Taishet Aluminium Smelter, world’s most advanced low-carbon aluminium production plant
Rusal, a leading global producer of aluminium, has reportedly commenced the operation of the first phase of the world’s most advanced low-carbon aluminium production plant Taishet Aluminium Smelter (TaAZ) in Taishet, Siberia. This represents Rusal’s commitment to decarbonize its operations and...
Hindalco hikes its aluminium billets price by INR3250/t w.e.f. December 17 after two back-to-back cuts
After the two consecutive days of decline, Hindalco Industries’ aluminium products and its aluminium ingot prices have seen a hike with effect from Friday, December 17. The company’s aluminium billets price has witnessed an increase of INR 3,250 per tonne to INR 248,850 per tonne. On the previous...
European aluminium can recycling rate shows stability at 75.8% for 2019; aims to achieve 100% by 2030
A recent report released by Metal Packaging Europe and European Aluminium reveals that the overall recycling rate of aluminium beverage cans in the European Union, Switzerland, and Iceland remained stable in 2019 at 75.8 per cent. In line with the increase in aluminium can consumption, the...
Higher demand leads to the shortage of global primary aluminium supply during Jan-Oct 2021
The World Bureau of Metal Statistics (WBMS) released a report on Wednesday, December 15, revealing the shortage of 1.366 million tonnes of global primary aluminium supply from January to October 2021, in contrast to the metal surplus of 1.271 million tonnes in 2020. The global demand for primary...
Primary aluminium inventories in China lose 42,000 tonnes this week to stand at 910,000 tonnes
Social inventories of primary aluminium in China have extended the fall this week to stand at 910,000 tonnes, as of December 16, found the Shanghai Metals Market. SMM data shows the inventories have plunged today by 42,000 tonnes across eight major consumption areas, including SHFE warrants,...
Hindalco Industries back-to-back reduces aluminium ingot price by INR2750/t in line with LME aluminium price slump
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices back-to-back, with effect from Thursday, December 16. After a cut of INR 2,750 per tonne on December 15, Hindalco’s aluminium ingot price sees another slash of the same amount on December 16 to stand at INR...
Alvance Aluminium Dunkerque now owns dual ASI certification by achieving Chain of Custody Standard
The Aluminium Stewardship Initiative has reportedly certified Alvance Aluminium Dunkerque against the Chain of Custody certification for the production of aluminium rolling slabs and foundry ingots for remelting. The aluminium slabs and ingots produced at the Dunkerque facility are destined for the...
