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.
A00 aluminium ingot price in China grows for the third consecutive day to RMB24240/t; Aluminium alloy (A356) price gains RMB100/t
A00 aluminium ingot price in China has extended its growth for the third day in a row to reach RMB 24,240 per tonne on October 19. According to the Shanghai Metals Market, the price has grown by RMB 140 per tonne. The average prices are expected to range between RMB 24,220 per tonne and RMB 24,260...
NALCO’s aluminium ingot price sees a surge of INR24300/t or 10% W-o-W in line with a new leap of LME aluminium price
National Aluminium Company Limited has significantly increased its aluminium ingot and aluminium products prices, in line with a new leap of LME aluminium benchmark price. With effect from Friday, October 15, NALCO’s aluminium ingot price came in at INR 271,850-275,350 per tonne, up by INR 24,300...
Hindalco’s aluminium wire rod price soars by INR5750/t to be sold at INR285,600/t w.e.f. October 18
Hindalco Industries Limited has sharply increased its aluminium products prices with effect from Friday, October 15. The company’s aluminium wire rod price has seen a surge of INR 5,750 per tonne to come in at INR 285,600 per tonne. On October 14, the price stood at INR 279,850 per tonne, up by INR...
A00 aluminium ingot price exceeds RMB24000/t on October 18; Aluminium alloy (A356) price soars by RMB500/t
A00 aluminium ingot price in China has touched a new milestone by exceeding RMB 24,000 per tonne, found the Shanghai Metals Market. On Monday, October 18, the price has jumped by RMB 450 per tonne to come in at RMB 24,100 per tonne. The average prices are expected to range between RMB 24,080 per...
Rio Tinto’s bauxite production grows 2% Q-o-Q to 14 million tonnes; but alumina output drops 4% to 2 million tonnes
According to the third-quarter results of 2021 (ended on September 30) released by Rio Tinto, the company’s bauxite production stood at 13.967 million tonnes, up by 2 per cent quarter-on-quarter but down by 3 per cent on the year due to equipment reliability issues and overruns on planned shutdowns...
Downstream Weekly Recap: European Aluminium Association strongly oppose suspension of anti-dumping duties; Mounting aluminium prices narrowing fabricators profit
The global aluminium downstream market essentially remained muted this week except a few important updates. For instance, European Aluminium Association has strongly opposed the 9-month suspension of definitive anti-dumping duties on Chinese aluminium flat-rolled products. European Aluminium is...
Aluminium billet inventories in China gain 7,400 tonnes this week to close at 184,400 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China increased by 7,400 tonnes week-on-week across five major consumption areas. Thus, the inventories stood at 184,400 tonnes on Thursday, October 14. Stock gains in Foshan and Nanchang primarily contributed to the increase...
LME aluminium price closes at a new milestone this week at US$3163/t; SHFE price settles at US$3657/t
The LME aluminium benchmark price opened the week on Monday, October 11, at a new milestone of US$3,020 per tonne, a sharp increase of US$118 per tonne from the previous day. The price continued to grow throughout the week to end at US$3,163 per tonne on Friday, October 15. During October 12-14,...
Rusal plans to supply 300,000-400,000 tonnes of aluminium to China in 2021
Rusal, the Russian aluminium giant and the world’s largest aluminium producer outside China, has reportedly planned to supply 300,000-400,000 tonnes of metal to China in 2021. Compared to the year last, the volume has remained essentially the same. Roman Andryushin, the company's head of sales in...
China’s primary aluminium inventories continue to grow W-o-W to settle at 887,000 tonnes
According to the Shanghai Metals Market, China’s social inventories of primary aluminium grew this week by 25,000 tonnes across eight major consumption areas, including SHFE warrants. On Thursday, October 14, inventories stood at 887,000 tonnes, primarily contributed by arrivals in Wuxi and Nanhai....
ASI certifies Novelis sites in Germany against Provisional Performance Standard Certification for remelting, casting and rolling activities
The Aluminium Stewardship Initiative has certified Novelis’ Voerde and Koblenz sites in Germany against Provisional Performance Standard Certification for remelting, casting, and rolling activities. Novelis Europe has expanded its Chain of Custody scope to include these sites, which means that all...
China’s A00 aluminium ingot price soars by RMB420/t to close at RMB23650/t; Alumina spot price exceeds RMB4000/t
A00 aluminium ingot price in China has soared by RMB 420 per tonne to close the week at RMB 23,650 per tonne on October 15, found the Shanghai Metals Market. The average prices are expected to range between RMB 23,630 per tonne and RMB 23,670 per tonne, with spot contract to be traded at a premium...
US aluminium crude metals and alloys imports from UAE fall sharply by 8,500 tonnes M-o-M in July 2021
According to the US Census Bureau, the United States imported 28,200 tonnes of aluminium crude metals and alloys from the United Arab Emirates in July 2021. That was sharply down by 8,500 tonnes or 23.16 per cent from 36,700 tonnes in June 2021. In May, the US imports stood at 32,800 tonnes,...
A00 aluminium ingot price slips by RMB70/t to settle at RMB23,230/t; Aluminium alloy(A356) price closes lower at RMB27,350/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has slipped by RMB 70 per tonne on Thursday, October 14, to come in at RMB 23,230 per tonne. The average prices are expected to range between RMB 23,210 per tonne and RMB 23,250 per tonne, with spot contract to be traded at...
King River appoints new CEO for its High Purity Metals Division’s upcoming alumina processing project
King River Resources Limited, an exploration mining company, has appointed a new CEO for its newly formed High Purity Metals Division as the company looks to lay the groundwork for building a processing plant for high purity alumina in Kwinana. Doug Flanagan, the newly appointed CEO, comes with an...
China’s alumina production grows 4.9% Y-o-Y to 6.20 million tonnes in September 2021: SMM
According to the Shanghai Metals Market, China’s alumina production stood at 6.20 million tonnes in September 2021 (30 days), including 5.99 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the production was down by 2.97 per cent from 6.39 million tonnes. But on a...
Primary aluminium production in China stands 3.72% lower M-o-M at 3.11 million tonnes in September 2021 (30 days)
Primary aluminium production in China dropped by 3.72 per cent month-on-month to 3.11 million tonnes in September 2021 (30 days). On a year-on-year calculation, the output fell marginally by 0.10 per cent, found the Shanghai Metals Market. Of this, liquid aluminium accounted for 64.6 per cent in...
Alumina price in China climbs RMB91/t to settle at RMB3884/t; A00 aluminium ingot price exceeds RMB23000/t yet again
The average alumina spot price in China has hiked by RMB 91 per tonne on Tuesday, October 12, following restraint at RMB 3,884 per tonne from October 8 to October 11. According to the Shanghai Metals Market, the increase has brought the alumina spot price to RMB 3,975 per tonne. In Henan and...
