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 grows its aluminium ingot price over the weekend ending November 30 by over 1.5% to INR233000/t
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices, with effect from Tuesday, November 30, following a sharp cut on Saturday, November 27. The latest hike has brought the company’s aluminium ingot price to INR 233,000 per tonne, up by INR 3,750 per tonne or...
ASI certifies Gränges plant in Sweden against Chain of Custody Standard Certification for aluminium casting & rolling
The Aluminium Stewardship Initiative has certified Gränges, an aluminium technology company, against the Chain of Custody Standard Certification for casting and rolling operations at its Finspång AB plant in Sweden. The facility earlier achieved full Performance Standard Certification status, which...
LME aluminium price gains US$31.50/t to US$2650/t after an intermittent decline; SHFE price grows to US$2975/t
LME aluminium opened at US$2,602.50 per tonne on Monday, November 29, and closed at US$2,650 per tonne, an increase of US$58 per tonne or 2.24 per cent. Both LME aluminium cash (bid) price and LME official settlement price increased by US$31.50 per tonne or 1.20 per cent on Monday, November 29, to...
World alumina production reflects a growth of 3.71% M-o-M to 11.601 million tonnes in October 2021
According to the International Aluminium Institute, the world alumina production stood at 11.601 million tonnes in October 2021 (including both metallurgical and chemical), reflecting a month-on-month increase of 3.71 per cent month-on-month. In September, the output came in at 11.186 million...
Hindalco Industries sharply cuts its aluminium wire rod price by INR9000/t with effect from November 27
Hindalco Industries Limited slashed its aluminium products and aluminium ingot prices on Saturday, November 27, following three consecutive hikes since November 23. The latest cut brought the company’s aluminium wire rod price to INR 240,350 per tonne from INR 249,350 per tonne on November 26. That...
Emirates Global Aluminium together with General Electric to cut greenhouse gas emissions
According to a recent report, Emirates Global Aluminium has signed an official contract with General Electric Co. (GE) to reduce greenhouse gas emissions at its plants in the United Arab Emirates. The companies will reportedly chalk out a plan to cut emissions from GE’s natural gas turbines by...
LME aluminium price falls sharply by US$122/t to close at US$2618.50/t; SHFE price declines by US$71/t
During last Friday’s night session, LME aluminium opened at US$2,717.50 per tonne and closed at US$2,592 per tonne, a decrease of US$123 per tonne or 4.53 per cent. After three consecutive days of hike, LME aluminium cash (bid) price and LME official settlement price plummeted by US$122 per tonne...
Primary aluminium weekly recap: 1.8 million tonnes of aluminium seized in Vietnam fuel price escalation; BALCO dispatches first rake of its fly-ash
Some of the top news that created a buzz in the primary aluminium industry this week included the hoard of 1.8 million tonnes of aluminium worth $5 billion in Vietnam drove China’s metal supply through a drastic crisis and fuelled the escalation of prices globally. The aluminium supply in Vietnam...
LME aluminium price closed this week lower at US$2618.50/t; SHFE price climbed by US$33/t to settle at US$3027/t
On Monday, November 22, LME aluminium cash (bid) price and LME official settlement price started the week at US$2,653 per tonne and US$2,653.50 per tonne, respectively. They both decreased by US$7.50 per tonne from the previous day. On Tuesday, November 23, LME aluminium cash (bid) price jumped by...
Hindalco Industries hikes its aluminium ingot price for the third time in a row to INR238250/t
Hindalco Industries Limited has hiked its aluminium ingot and aluminium products prices for the third time in a row, with effect from Friday, November 26. The company’s aluminium ingot price has come in at INR 238,250 per tonne, up by INR 4,000 per tonne or 1.71 per cent from INR 234,250 per tonne....
Registration Live for AlCircle Expo 2022: Get ready to attend Futuristic Virtual Exhibition of Global Aluminium Industry
We are gearing up to welcome you all to our third AlCircle Expo on February 15-16, 2022, and we are delighted to announce that Registration is Live Now! You can register at https://live.alcircleevents.com/event_registration/23911244/121 , and to know more information, you may visit...
US domestic primary aluminium production in September 2021 dips 1% M-o-M to 72,000 tonnes
The United States domestic primary aluminium production in September 2021 stood at 72,000 tonnes, reflecting a dip of 1,000 tonnes or 1.37 per cent from 73,000 tonnes in August but remained essentially unchanged compared to the output last year, found the US Census Bureau data. The daily average...
LME aluminium price edges 1.54% higher at US$2740.50/t; SHFE price drops by US$8/t to US$3027/t
LME aluminium opened at US$2,698 per tonne on Thursday, November 25, and closed at US$2,715 per tonne, an increase of US$12 per tonne or 0.44 per cent. LME aluminium cash (bid) price and LME official settlement price surged by US$41.50 per tonne or 1.54 per cent to stand at US$2,739.50 per tonne...
Hindalco grows its aluminium ingot price back-to-back to INR234250/t
Hindalco Industries Limited grew its aluminium ingot and aluminium products prices back-to-back on Wednesday, November 24. The company’s aluminium ingot price came in at INR 234,250 per tonne, seeing an increase of INR 3,250 per tonne from INR 231,000 per tonne on November 23. Hindalco’s aluminium...
Aluminium wheel exports from China shrink 26% M-o-M to 65,400 tonnes in October 2021
As per the data recently shown by China customs, the country’s aluminium wheel exports in October 2021 recorded a decrease of 25.79 per cent month-on-month to 65,400 tonnes. On a year-on-year calculation, the exports stood 21.28 per cent lower, contributed primarily by Hebei and Guangdong as they...
Primary aluminium inventories in China plunge by 21,000 tonnes this week to stand at 1.02 million tonnes
China’s social inventories of primary aluminium have decreased by 21,000 tonnes week-on-week on Thursday, November 25, following a hike last week. According to the Shanghai Metals Market, the inventories this week have totalled 1.02 million tonnes across eight major consumption areas, including...
Coal India Board sanctions pre-feasibility report for integrated aluminium project in Odisha
On Tuesday, November 23, the Indian government-owned Coal India Limited (CIL) said that its board approved a pre-feasibility report for settling up an integrated aluminium project in Odisha. In December 2020, the miner received in-principle approval for stepping into the aluminium and solar sectors...
NALCO’s aluminium ingot price surges by INR7800/t or 3.5% to INR231,850- 235,350/t w.e.f. November 24
National Aluminium Company Limited (NALCO) has hiked its aluminium ingot and aluminium products prices with effect from Wednesday, November 24, following an intermittent cut on November 19. The latest rise has brought the company’s aluminium ingot price to INR 231,850- 235,350 per tonne versus INR...
