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 Panchpatmali bauxite mine bags prestigious Pollution Control Excellence Award 2021
National Aluminium Company Limited’s (NALCO) Panchpatmali bauxite mine has reportedly bagged the prestigious Pollution Control Excellence Award 2021 for effective and efficient pollution control measures and commendable environmental management practices. The award, conducted by the State Pollution...
Yunnan Aluminium Co., Ltd. reduces 2021 output target by 2% to 2.36 million tonnes due to new production restrictions
Yunnan Aluminium Co., Ltd. has reduced its 2021 production target by more than 500,000 tonnes or almost 18 per cent after the local government enforced production curb for the rest of the year. The news came after the company, which uses Yunnan’s hydropower sources for the energy-intensive smelting...
Japanese aluminium shipments premium for Q4 2021 agreed at $220/t, highest since June quarter 2015
After month-long negotiations, a Japanese buyer has reportedly nodded to pay a premium of $220 per tonne for aluminium shipments for the December quarter of 2021, an increase of 19 per cent from the current quarter in tandem with the higher overseas premium, said two sources directly involved in...
Raw materials supply distress globally drives China’s imported alumina price to a 3-year high at US$492/t, shows SMM
Disruptions in primary aluminium raw materials supply due to the ongoing political unrest in Guinea, the largest supplier to the world’s leading aluminium producer China, has driven the latter’s imported alumina price to a 3-year high. According to the Shanghai Metals Market, the Australian alumina...
Aluminium billet inventories in China grow for the third week in a row to 148,840 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China have grown for the third week in a row, albeit lower than the previous weeks. SMM data shows the inventories have gained only 3,340 tonnes across five major consumption areas to stand at 148,840 tonnes on September 16....
China’s primary aluminium inventories gain 15,000 tonnes this week to stand at 766,000 tonnes: SMM
The social inventories of primary aluminium in China have built up by 15,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, to stand at 766,000 tonnes as of September 16, found the Shanghai Metals Market. On the last Thursday, September 9, the inventories grew by...
Scepter Group to supply Novelis with 200,000 tonnes of low carbon aluminium rolling slab
The Scepter Group, a recognized leader in aluminum dross and scrap recycling, announced on Wednesday, September 15, that it signed a multi-year agreement with rolled products major Novelis to supply more than 200,000 tonnes of low carbon rolling slab with up to 95 per cent recycled content. The...
Hindalco’s aluminium ingot selling price grows on September 16 to settle at INR243,750/t
Hindalco Industries Limited has slightly increased its aluminium ingot and aluminium products prices with effect from Thursday, September 16, the next day after it sharply reduced its aluminium prices by INR 8,250 per tonne. As of September 16, Hindalco’s aluminium ingot price is standing at INR...
China’s alumina spot price climbs RMB154/t to surpass RMB3600/t; A00 aluminium ingot price soars by RMB500/t
The average alumina spot price has continued to surge in China, fuelled by domestic production cut due to refineries shut down and raw materials supply disruption due to ongoing political unrest in Guinea. According to the Shanghai Metals Market, alumina price has jumped by RMB 154 per tonne to...
China’s primary aluminium output in August drops 3% M-o-M to 3.16 million tonnes on strict production restrictions: NBS
The National Bureau of Statistics showed on Wednesday, September 14, that China’s aluminium output in August fell for the fourth straight month, attributing to tight restrictions on metal production and power usage. As per the data, the world’s top aluminium producer churned out 3.16 million tonnes...
GIADEC announces the implementation of four Integrated Aluminium Industry projects
Michael Ansah, CEO of Ghana Integrated Aluminium Development Corporation (GIADEC), has announced the implementation of four new Integrated Aluminium Industry (IAI) projects to develop the industrial transformation agenda of the country. The news came after Ansah noted at the launch of GIADEC’s IAI...
Vedanta continues to grow aluminium billet price by over 1.5% to sell it at INR258,750/t
Vedanta Limited has continued to grow its aluminium products prices for the fifth time in row, with effect from Tuesday, September 14. According to the price list revealed by Vedanta, its aluminium billets price has come in at INR 258,750 per tonne, up by INR 4,000 per tonne or 1.57 per cent from...
Production cut at refineries in Guangxi lifts China’s alumina spot price to RMB3453/t; A00 aluminium ingot price nosedives by RMB650/t
The average alumina spot price in China has increased by RMB 85 per tonne on Wednesday, September 15, following a restraint on the previous day. According to the Shanghai Metals Market, the hike has brought the alumina price at RMB 3,453 per tonne, marking a week-on-week jump of RMB 292 per tonne....
Final decision yet to be taken on suspension of EU anti-dumping duties on Chinese aluminium flat rolled products imports: Source
According to the latest update, the European Commission has yet not taken a final decision whether it will suspend the imposition of definitive anti-dumping duties on aluminium flat rolled products imports from China or not. This news came after a European Union official told S&P Global Platts in...
Hindalco’s aluminium ingot price sees highest growth of INR10500/t in tandem with LME aluminium price leap to US$3000/t
Hindalco Industries Limited has sharply increased its aluminium ingot and aluminium products prices with effect from Tuesday, September 14, in tandem with the LME aluminium price leap to a new high in 13 years at US$3,000 per tonne on September 13. Hindalco has raised its aluminium ingot price by...
Elval bags ASI Chain of Custody Standard certification for its aluminium rolling facility in Oinofyta, Greece
Elval, the only Greek producer of flat rolled aluminium products, has been acknowledged by the Aluminium Stewardship Initiative against the Chain of Custody Standard certification. The news came after ASI announced that it successfully certified the aluminium rolling division of Elvalhalcor S.A....
China’s A00 aluminium ingot price plummets by RMB530/t after a week-long hike; Aluminium alloy(A356) price settles lower at RMB24000/t
After recording a continuous rise in last one week surpassing RMB 23,000 per tonne, A00 aluminium ingot price in China has plummeted by RMB 530 per tonne on Tuesday, September 14, to settle at RMB 22,890 per tonne, found the Shanghai Metals Market. The average prices are expected to range between...
LME aluminium benchmark price leaps to a new high of US$3000/t in 13 years; SHFE price settles at 2.45% lower
The LME aluminium benchmark price leaped to a new milestone of US$3,000 per tonne, first time ever since 2008. Aluminium raw materials supply disruptions in Guinea coupled with production restrictions in China pushed the LME aluminium price to a 13-year high. However, both the LME aluminium cash...
