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.
NALCO’s aluminium ingot price sees a rise of INR3500/t with effect from September 25
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium products prices with effect from Saturday, September 25, after a week it decreased the prices on September 17. With the latest hike, NALCO’s aluminium ingot price has come in at INR 246,350-249,850 per tonne,...
AMAG Austria Metall AG extends contract with Chief Sales Officer Victor Breguncci for four years
On Tuesday, September 28, the supervisory board of AMAG Austria Metall AG, a supplier of premium aluminium cast and rolled products, announced that they extended the contract with their Chief Sales Officer (CSO) Victor Breguncci. The extension of contract will allow Mr Breguncci to head AMAG's...
Average alumina spot price in China continues to grow by RMB76/t to stand above RMB3800/t; A00 aluminium ingot price climbs by RMB330/t
According to the Shanghai Metals Market, the average alumina spot price has continued to grow for the third consecutive day to stand above RMB 3,800 per tonne. SMM data shows the price has built up by RMB 76 per tonne to come in at RMB 3,820 per tonne on Wednesday, September 29. The average alumina...
China’s aluminium foil exports record a 19% rise in August 2021 to 115,400 tonnes
According to China customs data, aluminium foil exports into China during August 2021 stood at 115,400 million tonnes, which reflected a month-on-month increase of 19.28 per cent and a year-on-year rise of 14.08 per cent. Top six importers of China’s aluminium foil include the United Arab Emirates,...
World alumina production dips by 1% to 11.565 million tonnes in August 2021; daily average output stands at 373,100 tonnes
According to the International Aluminium Institute (IAI) data, world alumina production continued to fall in August 2021 to stand at 11.565 million tonnes, including 10.845 million tonnes of metallurgical grade alumina. That was a decrease of 0.89 per cent compared to a drop of 0.66 per cent last...
Hindalco’s aluminium wire rod and billets prices stand at INR1500/t lower on Sept. 28, reflects LME aluminium price fall
Hindalco Industries Limited has further lowered its aluminium products and aluminium ingot prices on Tuesday, September 28, in line with back-to-back LME aluminium price fall. With effect from September 28, Hindalco has reduced its aluminium wire rod price by INR 1,500 per tonne to INR 256,600 per...
China to release 70,000 tonnes of aluminium from state reserves in the next round of auction
The National Food and Strategic Reserves Administration said on Monday, September 27, that China would put another 150,000 tonnes of industrial metals on auction. China is continuing to release inventories from state reserves to lower metal prices. The next auction, which marks the fourth round...
A00 aluminium ingot price plummets by RMB440/t to close at RMB22490/t; Alumina price gains RMB11/t to RMB3744/t
On Tuesday, September 28, A00 aluminium ingot price has plummeted by RMMB 440 per tonne to stand at RMB 22,490 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 22,470 per tonne and RMB 22,510 per tonne, with spot contract to be traded at a premium...
APMDC officials visiting London to present arguments at court over bauxite supply agreement cancellation
According to the latest update, a team of Andhra Pradesh Mineral Development Corporation (APMDC) officials has started their journey to London for attending the upcoming hearing of a case scheduled on September 27 concerning the international arbitration raised by Ras-Al-Khaimah Investment...
India’s aluminium scrap imports from US increase 6,000 tonnes M-o-M to 34,100 tonnes in July 2021
According to the latest data shown by the US Census Bureau, India’s aluminium scrap imports from the United States in July 2021 stood at 34,100 tonnes, which reflected an increase of 6,000 tonnes or 21.35 per cent month-on-month. In June 2021, India imported 28,100 tonnes of aluminium scrap from...
Primary aluminium production in North America falls 5.41% M-o-M to 315,000 tonnes in Aug'21; Output in South America grows 3%
According to the International Aluminium Institute, primary aluminium production in North America stood at 315,000 tonnes in August 2021, which was down by 18,000 tonnes or 5.41 per cent from 333,000 tonnes in July. In June 2021, primary aluminium output in North America stood at 328,000 tonnes,...
Average alumina spot price in China opens the week higher at RMB3733/t; Aluminium fluoride price soars by RMB400/t
The average alumina spot price in China has opened the week on Monday, September 27, soaring by RMB 126 per tonne to come in at RMB 3,733 per tonne, found the Shanghai Metals Market. The continued raw materials supply disruptions from Guinea as well as domestic alumina production cut as refineries...
Crown Holdings’ new Southwestern United States aluminium beverage can facility to come online in 2Q2023 at Mesquite, Nevada
On Friday, September 24, Crown Holdings Inc. said that it selected a location in Mesquite, Nevada, for its upcoming Southwestern United States aluminium beverage can manufacturing facility. Located in the Mesquite Technology and Commerce Center, the facility will supply standard and speciality...
Downstream Aluminium Weekly Recap: Aluminium alloy price soared by RMB1000/t and above for two days in a row; US announced anti-dumping duties on aluminium foil from Armenia
One of the most prominent incidents we have witnessed in the downstream aluminium sector this week is the aluminium alloy price soar in China. On two consecutive days this week, aluminium alloy (A356) price saw a steep growth of RMB 1000 per tonne and more. After resuming from the Mid-Autumn...
Primary aluminium inventories in China rise 23,000 tonnes week-on-week to 789,000 tonnes: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium rose 23,000 tonnes on the week across eight major consumption areas, including SHFE warrants. SMM data showed the inventories as of Thursday, September 23, came in at 789,000 tonnes. The increase was mostly contributed...
United States primary aluminium production grows 1000 tonnes M-o-M to 73,000 tonnes in July 2021
Domestic primary aluminium production in the United States in July 2021 stood at 73,000 tonnes, reflecting a month-on-month increase of only 1,000 tonnes but a year-on-year downfall of 9,000 tonnes from 82,000 tonnes, showed the US Census Bureau. The average daily production in July 2021 was 2,350...
Aluminium billet inventories in China continue to grow by 8,200 tonnes to stand at 157,000 tonnes this week
Aluminium billet inventories in China grew further this week ended September 23, 2021, to stand at 157,000 tonnes. According to the Shanghai Metals Market, inventories rose by 8,200 tonnes over the week across the five major Chinese consumption areas. Huzhou and Changzhou were the leading...
Hindalco back-to-back grows its aluminium ingot price by INR3750/t with effect from September 24
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices for the second day in a row by INR 3,750 per tonne on Friday, September 24. The latest hike has brought the company’s aluminium ingot price at INR 249,500 per tonne, up by INR 3,750 per tonne or 1.53 per...
