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 grows for the second straight day to US$2699/t; SHFE price surges to US$3035/t
LME aluminium opened at US$2,673 per tonne on Wednesday and closed at US$2,703 per tonne, an increase of $30.50 per tonne or 1.14 per cent. On Wednesday, November 24, both LME aluminium cash (bid) price and LME official settlement price grew for the second day in a row by US$8 per tonne to stand at...
China’s alumina imports in October 2021 climb up 26% M-o-M to 219,400 tonnes
According to the recent data shown by China Customs, the country exported 5,700 tonnes of alumina in October 2021. That brought China’s total alumina exports from January to October to 108,100 tonnes. In October 2021, China imported 219,400 tonnes of alumina, which reflected a year-on-year decrease...
Extruded Aluminum Corp. expanding its facility over 14-acre land in Otisco Township
Extruded Aluminum Corp. (EAC), a 6000 series aluminum extrusion manufacturer, will reportedly expand its facility at 7200 Industrial Drive in Otisco Township, near Belding in Ionia County. The news came last week after The Right Place Inc., together with the Ionia County Economic Alliance (ICEA)...
Primary aluminium production in Africa flaunts M-o-M hike of 4% to 137,000 tonnes in October 2021
Primary aluminium production in Africa in October 2021 stood at 137,000 tonnes, flaunting a month-on-month increase of 5,000 tonnes or 3.79 per cent, found the International Aluminium Institute data. In September 2021, primary aluminium output in Africa was at 132,000 tonnes, down by 4,000 tonnes...
A00 aluminium ingot price drops by RMB50/t after three days of hike in a row; Aluminium alloys(ADC12) price shrinks to RMB20,300/t
After the three consecutive days of hike from RMB 18,340 per tonne to RMB 19,170 per tonne, A00 aluminium ingot price in China has recorded a drop of RMB 50 per tonne on Wednesday, November 24, to come in at RMB 19,120 per tonne. According to the Shanghai Metals Market, the average prices are...
Scepter Group reports fire outbreak at its aluminium recycling plant in Seneca Falls
On Monday, November 22, the Scepter Group, reported a fire outbreak at its aluminum recycling plant in Seneca Falls. The news came after the company called 911 at 1:33 am and reported the incident. However, investigators are still unsure how the fire set in, said some officials. Seneca Falls police...
Hindalco Industries increases its aluminium billets selling price by INR4500/t after two days of decline
Hindalco Industries Limited has grown its aluminium products and aluminium ingot prices with effect from Tuesday, November 23, following two consecutive days of cut on November 17 and 19. Hindalco has increased its aluminium billets price by INR 4,500 per tonne to INR 241,600 per tonne on November...
World primary aluminium production grows 4% to 5.689 million tonnes in October’21 after two months of decline
According to the recent data found by the International Aluminium Institute, the world primary aluminium production grew 3.80 per cent month-on-month in October 2021, putting an end to the two consecutive monthly declines. As per the data, the production stood at 5.689 million tonnes in the said...
Rapid rise in SHFE/LME aluminium price ratio in October dents China’s extrusion exports, customs data
China customs data has reported an 8 per cent month-on-month downfall in the country’s aluminium extrusion exports in October 2021. As per the data, the exports stood at 74,400 tonnes in the said month, which also reflected a 4 per cent year-on-year fall. The decline in exports could be attributed...
Ardagh Metal Packaging acquires Canadian digital printing service provider on aluminium cans
Irish financier-chaired Ardagh Metal Packaging (AMP), the New York-listed beverage cans group, has recently acquired Quebec-based Hart Print, a Canadian digital printing service provider that allows drinks companies to print colourful artwork on aluminium cans. Hart Print, founded in 2018, is the...
A00 aluminium ingot price in China surges for the third day in a row to RMB19170/t; Aluminium alloy (A356) price builds-up RMB200/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has increased for the third day in a row by RMB 250 per tonne to stand at RMB 19,170 per tonne on Tuesday, November 23. The average prices are estimated to range between RMB 19,150 per tonne and RMB 19,190 per tonne, with...
LME aluminium price declines by US$7.5/t to close at US$2653.5/t; SHFE price grows for the fourth straight day to US$3002/t
Three-month LME aluminium rose 0.45 per cent to end at US$2,695 per tonne on overnight. On Monday, November 22, both LME aluminium cash (bid) price and LME official settlement price decreased by US$7.50 per tonne to stand at US$2,653 per tonne and US$2,653.50 per tonne, respectively. But 3-month...
Hindalco’s aluminium wire rod and billets prices undergo a cut of INR2750/t with effect from November 19
Hindalco Industries Limited continued to reduce its aluminium products and aluminium ingot prices on Friday, November 19, in line with the LME aluminium benchmark price fall. Hindalco’s aluminium wire rod price came in at INR 237,600 per tonne on November 19 after being declined by INR 2,750 per...
Alba’s Chairman Board of Directors visits Reduction Line 6 and its facilities along with CEO and Executive Management
According to a recent report, Aluminium Bahrain B.S.C. (Alba’s) Chairman Board of Directors Shaikh Daij bin Salman Bin Daij Al Khalifa visited the company’s Reduction Line 6, in line with his planned visit to Alba’s campus following the ease of COVID-19 restrictions. Alba Reduction Line 6 is about...
Bauxite (4.5≤Al/Si＜5.5) price in Shanxi drops by RMB7.5/t to RMB492.5/t; But A00 aluminium ingot price jumps by RMB390/t
According to the Shanghai Metals market, bauxite (4.5≤Al/Si＜5.5) price in Shanxi has dropped by RMB 7.5 per tonne on Monday, November 22, to come in at RMB 492.50 per tonne. The average prices are likely to range between RMB 480-505 per tonne. The decline followed two consecutive days of restraint...
LME aluminium price surges by US$53.5/t to US$2661/t after three days of decline; SHFE price soars by US$78/t
LME aluminium opened at US$2,621 per tonne last Friday and ranged between US$2,619-2,697.50 per tonne before closing at US$2,683 per tonne, an increase of US$59 per tonne or 2.25 per cent. On Friday, November 19, LME aluminium cash (bid) price and LME official settlement price jumped by US$53.50...
NALCO’s aluminium ingot and products prices see a downfall of INR6300/t after two hikes in a row
After two consecutive hikes since November 11, National Aluminium Company Limited reduced its aluminium ingot and aluminium products prices with effect from Friday, November 19. The decrease could be attributed to the decline in LME aluminium benchmark price during November 16-18. NALCO’s aluminium...
Hydro announces to invest in a new a state-of-the art aluminium recycling plant at Cassopolis, Michigan
Hydro has announced its decision to invest in building a new state-of-the art aluminium recycling plant at Cassapolis, Michigan, which will produce 120,000 tonnes of aluminum extrusion ingot per year. Construction will expectedly start in early 2022, and the operations of the plant to commence in...
