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.
LME aluminium price decreases by US$39/t to settle at US$2597/t; SHFE price dips by US$3/t
Three-month LME aluminium opened at US$2,630 per tonne on Wednesday, December 15, and closed at US$2,601 per tonne, down $21 per tonne or 0.8 per cent. On Wednesday, December 15, LME aluminium cash (bid) price and LME aluminium official settlement price decreased for the second day in a row this...
Rusal invests US$12 million in repairing and modernising SKAD plant for aluminium alloy car wheels production
Rusal, the world’s leading aluminium producer, has announced the investment of more than 870 million rubles (US$12 million) in repairing and modernising its plant SKAD for the production of aluminium alloy car wheels. SKAD is Russia’s largest enterprise of producing cast aluminium alloy car disks,...
Hydro to deliver first near-zero carbon aluminium in 2022, a step to carbon-free aluminium by 2030
Hydro is nearing to give shape to its new sustainability ambition, announcing to most likely deliver the first commercial volumes of near-zero carbon aluminium in 2022. This will be an initial step to its continuing efforts towards an industrial-scale pilot producing carbon-free aluminium by 2030....
Hydro to build new remelt facility at its aluminium extrusion plant in Hungary; Operation likely to commence in Q1 2024
Norsk Hydro has announced that it will build a new remelt facility at its aluminium extrusion plant in Szekesfehervar, Hungary, with an annual capacity of 90,000 tonnes. Hydro’s extrusion plant in Hungary is the largest in Europe, having six presses and extensive fabrication and surface treatment...
China’s average alumina price declines for over two weeks in a row to RMB2901/t; A00 aluminium ingot price gains RMB30/t
The average alumina spot price in China has continued to decline for over two weeks in a row to stand at RMB 2,901 per tonne as of Wednesday, December 15. According to the Shanghai Metals Market, the price has decreased by RMB 52 per tonne from RMB 2,953 per tonne on December 14. In Henan, Guizhou,...
US aluminium scrap exports to Malaysia record a 14% hike Q-o-Q to 143,700 tonnes in 3Q2021
According to the US Census data, the United States aluminium scrap exports to Malaysia stood at 41,200 tonnes in September 2021, bringing the total exports in Q3 to 143,700 tonnes. On a month-on-month basis, the United States aluminium scrap exports to Malaysia in September 2021 edged 27.59 per...
Hindalco hikes its aluminium billets and wire rod prices by INR5250/t or 2% with effect from December 14
Hindalco Industries Limited has further increased its aluminium products and aluminium ingot prices, with effect from Tuesday, December 14, after the last hike nearly a week ago on December 8. Hindalco’s aluminium wire rod price has climbed by INR 5,250 per tonne or 2.16 per cent to stand at INR...
India: Ministry of mines recommends additional 10% import duty on primary aluminium products
India’s ministry of mines has reportedly recommended the ministry of finance to raise the import tariff on primary aluminium products, such as ingots and billets, from the existing 7.5 per cent to 10 per cent. The news came after industry sources said on Friday, December 10. “Earlier this week,...
LME aluminium price surges by US$52/t to stand at US$2677/t; SHFE price exceeds US$3000/t
LME aluminium opened at US$2,612 per tonne last night and closed at US$2,662.50 per tonne, up 1.8 per cent. On Monday, December 13, LME aluminium cash (bid) price surged by US$51 per tonne or 1.94 per cent to stand at US$2,675 per tonne, while LME aluminium official settlement price came in at...
NALCO grows its aluminium ingot price by 1% to INR229,250- 232,750/t with effect from December 10
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium products prices, with effect from Friday, December 10, following a cut on December 7. The company, under the ownership of Ministry of Mines, has raised its aluminium ingot price by INR 3,000 per tonne or 1.33...
United States alumina imports show a Q-o-Q decline of 12% to 336,000 tonnes in 3Q2021; Imports from Brazil edge 7.5% fall
According to the recent report published by the US Census Bureau, the United States alumina imports in the third quarter of 2021 saw a drop of 12.27 per cent quarter-on-quarter to 336,000 tonnes. In the second quarter, the country’s alumina imports were 383,000 tonnes, which was also down by 7.93...
Ulsan Aluminum in South Korea achieves ASI Performance Standard Certification for casting & rolling operations
The Aluminium Stewardship Initiative has certified Ulsan Aluminum against the Performance Standard Certification for casting, hot/cold rolling, and finishing operations in its South Korea plant. The news came after the ASI announced that it successfully certified Ulsan Aluminum Limited on Friday,...
China’s alumina spot price falls yet again to stand below RMB3000/t; Aluminium fluoride price touches new milestone at RMB13000/t
According to the Shanghai Metals Market, China's average alumina spot price has opened the third straight week, dates December 13, with a decline to stand below RMB 3,000 per tonne. SMM data shows the price has decreased by RMB 43 per tonne to come in at RMB 2,977 per tonne. However, in Guizhou,...
Primary aluminium weekly recap: Aluminium sector remains worst hit due to plunge in coal supplies to CPP; High energy price to cause KAP aluminium smelter shut down
The global primary aluminium industry this week saw a few major updates such as the appointment of Sayed Salah Sayed Aqeel by the first aluminium smelter in the Gulf region Aluminium Bahrain B.S.C (Alba) as a new Acting Manager for Environment, Social and Governance (ESG). To strengthen Alba’s ESG...
LME aluminium price edged W-o-W decline of 0.87% to US$2625/t this week; SHFE price settled 0.75% higher at US$2958/t
The LME aluminium benchmark price closed the week, ended December 10, at 0.87 per cent or US$23/t lower than US$2,648 per tonne on December 3, while.the SHFE aluminium price settled 0.75 per cent or USS$22/t higher this week compared to US$2,936 per tonne on December 3. LME aluminium cash (bid)...
China’s aluminium billet production to close the year higher at 15.06 MT; Remelting billet output to total at 1 MT
According to the survey conducted by the Shanghai Metals Market, the conversion margins of aluminium billet are standing high for a long. The inventory of billet is falling over the past seven weeks but is likely to enter a new round of accumulation, given the fall in shipments amid sluggish...
United States crude and dried bauxite imports hike by 20% Q-o-Q in 3Q2021, contributed by Turkey
The United States imported 881,000 tonnes of crude and dried bauxite in the third quarter of 2021 (ended September 30), which reflected a hike of 147,000 tonnes or 20.03 per cent quarter-on-quarter, found the latest date of the US Census Bureau. In the second quarter of the year, the United States...
ASI welcomes China-based chemical alumina producer CHALCO as new Production and Transformation member
The Aluminium Stewardship Initiative (ASI) has reportedly announced the joining of CHALCO Shandong Advanced Material Co., Ltd. to ASI as a new Production and Transformation member, which bring the total number of members to 206. CHALCO Shandong Advanced Material Co., Ltd., founded in 1960, is...
