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 spot price in China continues to decline for the fourth straight day to RMB3691/t; A00 aluminium ingot price hikes by RMB190/t
The average alumina spot price in China has continued to decrease for the fourth day in a row, found the Shanghai Metals Market. According to SMM data, alumina price has further slipped by RMB 10 per tonne on Friday, November 19, to settle at RMB 3,691 per tonne. In Shanxi and Guangxi, alumina...
US aluminium scrap exports to Malaysia reflect an increase of 25% M-o-M to 56,900 tonnes in August 2021
The United States exported 56,900 tonnes of aluminium scrap to Malaysia in August 2021, which reflected an increase of 11,300 tonnes or 24.79 per cent month-on-month, found the US Census Bureau data. In July 2021, the United States aluminium scrap exports to Malaysia stood at 45,600 tonnes, down by...
China’s primary aluminium inventories gain 31000 tonnes week-on-week to 1.038 million tonnes on November 18
China’s social inventories of primary aluminium have built up by 31,000 tonnes this week across eight major consumption areas, including SHFE warrants, found the Shanghai Metals Market. Thus, the inventories have amounted to 1.038 million tonnes on November 18, compared to 1.007 million tonnes last...
Hindalco’s aluminium ingot selling price shrinks by INR3750/t with effect from November 17
After three hikes since November 11, Hindalco Industries Limited has cut its aluminium ingot and aluminium products prices with effect from Wednesday, November 17. The company’s aluminium ingot price has come in at INR 229,250 per tonne, down by INR 3,750 per tonne or 1.61 per cent from INR 233,000...
Alumina spot price in China falls for the third consecutive day by RMB11/t; A00 aluminium ingot price shrinks to RMB18340/t
The average alumina spot price in China has continued to decline for the third day in a row, albeit lower than the previous day, found the Shanghai Metals Market. As per SMM data, the price has decreased by RMB 11 per tonne to stand at RMB 3,701 per tonne on Thursday, November 18. In Guangxi and...
Novelis to assist Atlanta Hawks and State Farm Arena for organising, sorting and recycling aluminium
On National Recycling Day on Monday, November 15, the Atlanta Hawks and State Farm Arena announced a multi-year partnership with Novelis, the world leader in aluminum rolling and recycling. The partnership has made Novelis an official aluminum recycling and proud sustainability partner on State...
European foil shipments climb up 1.2% Y-o-Y to 236,500 tonnes in Q3 2021: EAFA
Aluminium foil deliveries from Europe slowed down in Q3 2021 compared to Q2, but remained ahead of the same period last year, according to data revealed by the European Aluminium Foil Association (EAFA). In Q3 2021, total deliveries stood at 236,500 tonnes, up 1.2 per cent year-on-year. In the...
Noranda Bauxite proclaims to be a pillar of the Jamaican economy; it sees continued benefits for Jamaicans
Noranda Bauxite Company will continue to remain a pillar of the Jamaican economy despite all the criticisms over environmental issues alleged with it, said the firm’s chief executive officer. Mark Hansen, Concord CEO, said Noranda Bauxite spent US$85 million on operational items, an ideal time for...
US aluminium producers warn billet output cut due to magnesium and silicon supply shortage
According to the report shared by the Shanghai Metals Market, energy supply constraints due to soaring prices have pushed the United States' aluminium prices to record highs and also led to the shortages of key raw materials such as magnesium and silicon, exacerbating the tight supply situation of...
China’s alumina spot price shrinks to RMB3712/t; Bauxite price in Henan slips by RMB12.50/t after a month-long restraint
The average alumina spot price in China has decreased for the second day in a row on Wednesday, November 17, found the Shanghai Metals Market. Data shows the price has slipped by RMB 54 per tonne to come in at RMB 3,712 per tonne. In Shandong, alumina spot price has plunged by RMB 125 per tonne to...
NALCO hikes its aluminium ingot price by INR10500/t or 4.7% with effect from November 16
National Aluminium Company Limited (NALCO) has hiked its aluminium ingot and aluminium product prices for the second time in a row, with effect from Tuesday, November 16. The company’s aluminium ingot price has come in at INR 230,350-233,850 per tonne after being sharply increased by INR 10,500 per...
ASI certifies Ball Beverage Packaging South America against both Performance and Chain of Custody Standard Certifications
The Aluminium Stewardship Initiative has announced that it has successfully certified Ball Beverage Packaging South America (BPSA) against both the Performance Standard and Chain of Custody Standard Certifications for the manufacturing of aluminium can bodies and can ends at 15 facilities across...
China’s aluminium production in October grows 1.8% Y-o-Y to 3.13 million tonnes; Daily output falls lowest since July 2020
According to the data revealed by the National Statistics Bureau, China’s aluminium production in October stood at 3.13 million tonnes, 1.8 per cent higher year-on-year than 3.075 million tonnes. On a month-on-month calculation, the output stood up as well, ending a run of five straight monthly...
Hindalco grows its aluminium ingot price for the second straight day to INR233000/t w.e.f. November 13
Hindalco Industries Limited increased its aluminium ingot and aluminium products prices for the second straight day on Saturday, November 13. That brought the company’s aluminium ingot price to INR 233,000 per tonne, up by INR 2,500 per tonne from INR 230,500 per tonne on November 12. Hindalco’s...
Rusal to invest in Ghana’s bauxite industry, hopeful Deputy Lands Minister George Mireku Duker
According to a recent report, Russian aluminium giant UC Rusal has been engaged in the prospect of investing in the Ghanaian bauxite industry. The news came after the Deputy Minister of Lands and Natural Resources George Mireku Duker, who is also in charge of mining, held a meeting with Rusal...
A00 aluminium ingot price in China falls by RMB240/t to RMB19190/t; Aluminium alloys prices shed RMB100/t
A00 aluminium ingot price in China has opened the week on November 15 with a downfall of RMB 240 per tonne after two consecutive days of hike from RMB 18,510 per tonne to RMB 19,430 per tonne. According to the Shanghai Metals Market, the price is currently standing at RMB 19,190 per tonne, with...
Recycled Aluminium Weekly Recap: Spectro Alloys investing $10 million in aluminium recycling plant; CMI members target to achieve 70% aluminium cans recycling rate
Among some of the important developments we have come across this week in the global aluminium recycling industry, one is Spectro Alloys Corporation, a leading aluminium recycling firm in Minnesota, is investing $10 million in making a recycling plant, applying high standards of safety and with...
Downstream Weekly Recap: NIE inks MoU with aluminium extrusions specialist Bhoruka; China’s aluminium billet inventories decrease to 112,200 tonnes
The global aluminium downstream industry remained muted this week, except a few important updates. On Monday, November 8, Aluminium Stewardship Initiative announced that it successfully certified Aluflexpack, one of the leading international manufacturers of outstanding flexible packaging, against...
