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.
China’s alumina production in October 2021 records a 1.45% rise M-o-M to 6.29 million tonnes: SMM
Shanghai Metals Market data showed China’s alumina production in October 2021 came in at 6.29 million tonnes, including 6.05 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the output edged 1.45 per cent higher than 6.20 million tonnes, while on a year-on-year basis...
Hindalco Industries Limited sharply cuts its aluminium billets price by more than INR15000/t on November 9
Hindalco Industries Limited has sharply cut its aluminium products prices, with effect from Tuesday, November 9, following the last hike on November 4. Hindalco’s aluminium billets price has witnessed a slash of INR 15,500 per tonne or 6.29 per cent to INR 230,850 per tonne. On November 4, the...
Alcoa announces ‘Technology Roadmap’ for aluminium industry, includes ASTRAEA and ELYSIS
On Monday, November 8, Alcoa Corporation disclosed a technology roadmap for the aluminium industry to achieve a sustainable future, attaining net-zero greenhouse gas emissions by 2050 across global operations. The list of technologies included a new, proprietary post-consumer scrap recycling...
Primary aluminium production in US shows 9% Y-o-Y downfall to 73,000 tonnes in August 2021
Domestic primary aluminium production in the United States in August 2021 stood at 73,000 tonnes, essentially unchanged from July 2021 but down year-on-year by 7,000 tonnes or 8.75 per cent from 80,000 tonnes, showed the latest data revealed by the US Census Bureau. The average daily production in...
Alumina spot price in China slips by RMB48/t to RMB3878/t; A00 aluminium ingot price settles higher at RMB18950/t
The average alumina spot price in China has declined by RMB 48 per tonne on Tuesday, November 9, following restraint on the previous day at RMB 3,926 per tonne. According to the Shanghai Metals Market, the downfall today has brought the alumina price to RMB 3,878 per tonne. In Shandong, alumina...
LME aluminium price settles 1.61% higher at US$2530.50/t; SHFE price gains US$10/t to US$2981/t
Three-month LME aluminium contract rose 1.76 per cent to settle at US$2,600 per tonne on Monday, November 8. On Monday, November 8, LME aluminium cash (bid) price and LME official settlement price increased by US$40 per tonne or 1.61 percent to stand at US$2,530 per tonne and US$2,530.50 per tonne,...
ASI certifies aluminium packaging company Aluflexpack against Performance Standard & Chain of Custody Standard Certifications
The Aluminium Stewardship Initiative has certified Aluflexpack, one of the leading international manufacturers of outstanding flexible packaging, against both the Performance Standard Certification and Chain of Custody Standard Certification. Aluflexpack Novi d.o.o. production plant in Drniš,...
Alpha HPA purchases 9.2 hectares site in Gladstone to build $300 million high purity alumina plant
Alpha HPA Limited has reportedly purchased a 9.2 hectares site Gladstone, Queensland, to develop a $300 million high purity alumina industrial plant. Premier of Queensland Annastacia Palaszczuk said the main objective behind building this plant is to create more jobs in varied industries and...
China’s A00 aluminium ingot price builds-up RMB210/t to open the week at RMB18860/t; Aluminium alloy(A356) price gains RMB100/t
A00 aluminium ingot price in China has increased by RMB 210 per tonne on Monday, November 8, following a sharp downfall of RMB 1,300 per tonne on Friday, November 5. According to the Shanghai Metals Market, the primary aluminium ingot price has come in at RMB 18,860 per tonne, with average prices...
NALCO reports a steep fall of aluminium ingot selling price to INR216150-219650/t
National Aluminium Company Limited further decreased its aluminium ingot and aluminium products prices significantly on Saturday, November 6, more than a week after the last cut on October 28. The latest slash brought the company’s aluminium ingot price to 216,150-219,650 per tonne versus INR...
Hindalco increases its aluminium wire rod and billets prices by INR1500/t with effect from November 4
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices after continuous cuts since October 21, 2021. With effect from November 4, Hindalco’s aluminium wire rod price has witnessed a rise of INR 1,500 per tonne to INR 246,850 per tonne. On November 3, the price...
Altech Recycling’s new plant in Arkansas to produce high-quality aluminum products for Toyota
The new recycling plant built by Altech Recycling LLC in North Little Rock, Arkansas, will produce recycled materials destined for new Toyota vehicles. The plant, worth $20 million, started operating in September. It came into existence after the St. Louis-based Alter Trading Company, a scrap metal...
Aluminium Packaging Company Ball Corporation reports net earnings of $179 million on sales of $3.6 billion in Q3 2021
Ball Corporation, the world's leading provider of innovative, sustainable aluminum packaging for beverage, personal care and household products has announced the third-quarter results of 2021, reporting net earnings of $179 million on sales of $3.6 billion, compared to $241 million net earnings on...
Century Aluminum reports 10% rise in net sales as shipments grow 3% to 196,095 tonnes during 3Q2021
Century Aluminum Company announced the third-quarter results of 2021 ended September 30, reporting a 10 per cent rise in net sales quarter-on-quarter from $528 million to $582.4 million. Shipments grew 3 per cent from 190,894 tonnes in Q2 2021 to 196,095 tonnes in Q3 2021. The company also reported...
Primary aluminium inventories in China increase 12.3% to exceed 1 million tonnes on November 4
According to the Shanghai Metals Market, social inventories of primary aluminium built-up 31,000 tonnes or 12.32 week-on-week across eight major Chinese consumption areas. On Thursday, November 4, primary aluminium inventories came in at 1.01 million tonnes, contributed by higher stock arrivals in...
Alumina spot price in China continues to decline to come below RMB4000/t; A00 aluminium ingot price falls sharply by RMB1300/t
The average alumina spot price in China has declined for the fourth day in a row to stand below RMB 4,000 per tonne, found the Shanghai Metals Market. On Friday, November 5, the price has sharply decreased by RMB 88 per tonne to come in at RMB 3,926 per tonne. In Shandong and Guizhou, alumina price...
Novelis Inc. earns net income of $237 million in 2QFY22; Adjusted EBITDA improves 22% to $553 million
Novelis Inc., the world leader in aluminum rolling and recycling, announced the second quarter results of FY2021-22 on Wednesday, November 3, revealing net income of $237 million compared to a net loss of $37 million in Q2 FY2021. Net income from continuing operations stood at $239 million versus...
Hindalco Industries Ltd further reduces aluminium ingot price by INR2500/t w.e.f. November 3
Hindalco Industries Limited has further reduced its aluminium ingot and aluminium products prices with effect from Wednesday, November 3. The company’s aluminium ingot price has come in at INR 234,250 per tonne, down by INR 2,500 per tonne from INR 236,750 per tonne on October 28. Hindalco, with...
