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.
Alcoa inclines on new technologies, eyes renewable energy
Alcoa Corporation has announced its net-zero emissions plans, which it aims to achieve by 2050. The main intention is to increase the use of renewable energy at operations and bring new innovations to the market. The company said that it would cut 75 per cent of both direct and indirect emissions...
Hindalco’s aluminium ingot price sees an increase of INR3000/t over the weekend ending October 5
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices with effect from Tuesday, October 5, following a cut of over 1.5 per cent on Friday, October 1. Over the weekend, Hindalco’s aluminium ingot price has gained INR 3,000 per tonne to come in at INR 247,500 per...
US aluminium scrap exports to Malaysia edge M-o-M fall of 4.2% to 45,600 tonnes in July 2021
According to the US Geological Survey data for July 2021, the United States exported 45,600 tonnes of aluminium scrap to Malaysia. That was down by 2,000 tonnes or 4.20 per cent month-on-month from 47,600 tonnes. In May 2021, the exports to Malaysia stood at 42,000 tonnes, meaning the exports in...
Alcoa Corp. sets carbon neutral goal by 2050; Target to cut direct, indirect emissions from aluminium smelting and alumina refining
Alcoa Corporation, the United States' largest aluminium producer, no more lags behind in taking a pledge to curb greenhouse gas emissions and reduce environmental impact. Like many other companies, Alcoa has also reportedly set a goal to be carbon neutral, and the timeline is 2050. As per the...
Shanghai Aluminum Industry Association joins ASI as a new Associations Member
On Monday, October 4, the Aluminium Stewardship Initiative announced the joining of the Shanghai Aluminum Industry Association to ASI as a new Associations Member, which brought the total number of ASI members to 198. The foundation of the Shanghai Aluminum Industry Association dates back to 1989....
Hindalco Industries cuts its aluminium billets price by over 1.5% to INR251,600/t w.e.f. October 1
Hindalco Industries Limited decreased its aluminium products prices with effect from Friday, October 1, a day after it increased the prices on September 30. The latest cut has brought the company’s aluminium billets price to INR 251,600 per tonne, down by INR 4,500 per tonne or 1.76 per cent from...
German aluminium precision expertise alimex GmBH joins ASI as Production & Transformation member
The Aluminium Stewardship Initiative has announced the joining of alimex GmBH Precision to ASI as a Production & Transformation member. This brings the total number of ASI Members to 196. alimex, the inventor of the cast-plate, produces aluminium cast plates which surpass the highest market...
NALCO reduces its aluminium ingot price by INR1400/t w.e.f. Oct.1 in line with LME aluminium price fall W-o-W
National Aluminium Company Limited (NALCO) has reduced its aluminium ingot and aluminium products prices with effect from Friday, October 1, following an increase on September 25. NALCO has cut its aluminium ingot price by INR 1,400 per tonne to INR 244,950-248,450 per tonne on October 1. On...
Primary Aluminium Weekly Recap: China’s power shortage leading to aluminium production curb; Tom Dobbins resigns Aluminum Association as President and CEO
Right from Tom Dobbins’s resignation from the position as President and Chief Executive officer of the Aluminum Association to Hydro’s new Plant Manager appointment at Husnes smelter, the world primary aluminium sector has offered many important news this week. But the topmost of all is China’s...
Slovakia’s only primary aluminium producer cuts output for electricity price surge; No update on layoffs
Slovalco, the only primary aluminium producer in Slovakia, is curbing production in reaction to the steep growth of electricity prices. Record price hikes of emission allowances and insufficient compensation from the states through the Environmental Fund are some of the other factors for the output...
FYI Resources signs JV term sheet with Alcoa aspiring to create a market-leading High Purity Alumina Business
FYI Resources is eyeing to create a market-leading high purity alumina (HPA) business, and for that matter, has entered into a partnership with global alumina leader Alcoa. They have signed a joint venture term sheet to create an initial demonstration refinery and an 8,000 tonne-per-annum HPA...
Hydro appoints Jon Ola Ystgaard as new Plant Manager for Husnes Aluminium Smelter
Hydro Aluminium Smelter in Husnes has appointed Jon Ola Ystgaard as a new Plant Manager, who will be reporting to Head of Primary Production in Hydro Aluminium Metal Ola Saeter. Mr Ystgaard, who will be joining Hydro Husnes on October 11, comes with vast years of experience in the aluminium...
Sluggish downstream restocking leads to a marginal rise in China’s aluminium billet inventories this week; Future recovery looks prominent
According to the Shanghai Metals Market, aluminium billet inventories have grown marginally by 500 tonnes week-on-week across five major consumption areas to stand at 157,500 tonnes as of Thursday, September 30. Among all the major Chinese cities, Nanhai has contributed maximum to the growth in...
Lindian Resources adds 8 new prospective tenements to its African bauxite portfolio anticipating robust aluminium market
Lindian Resources Limited concluded the fiscal year 2021 on a good note, with eight new highly prospective tenements added to its existing portfolio in the West African bauxite hotspot in Guinea. According to the report, Lindian secured the tenements through the Lushoto and Pare bauxite projects in...
Hindalco’s aluminium wire rod price amounts to INR260,100/t; sees a rise of INR3500/t on September 30
After two consecutive declines on September 25 and 28, Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices with effect from Thursday, September 30. Hindalco’s aluminium wire rod price has come in at INR 260,100 per tonne, up by INR 3,500 per tonne from INR...
A00 aluminium ingot price shrinks by RMB190/t to close at RMB22630/t; Aluminium alloy (A356) price settles lower at RMB26750/t
According to the Shanghai Metals Market, A00 aluminium ingot price has shrunk by RMB 190 per tonne to come in at RMB 22,630 per tonne on Thursday, September 30, following a sharp rise of RMB 330 per tonne on the previous day to RMB 22,820 per tonne. The average prices are expected to range between...
Tom Dobbins to serve Aluminium Association only till October-end 2021; President, CEO resigns
Tom Dobbins is stepping down from his position as President and Chief Executive officer of the Aluminum Association, Arlington, Virginia, at the end of October 2021. The news came on Tuesday, September 28, after the Aluminum Association announced it officially, adding that the board of directors...
Alumina production in Europe grows for the second month in a row by 2.12% to 914,000 tonnes in Aug’21
According to the International Aluminium Institute, alumina production in Europe, including Russia, continued to grow for the second month in a row in August 2021. IAI data showed the output increased by 19,000 tonnes or 2.12 per cent in the said month to come in at 914,000 tonnes compared to...
