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.
AlCircle Expo 2022 on February 15-16: Be ready to meet the Global Aluminium Industry
The year 2021 is not over yet, and we are already thrilled to announce the “ AlCircle Expo 2022 ”. If not your support and inspiration, then what it is that motivates us to bring new editions and offerings – be it Industry Report, e-Magazine, or Expo. Like the previous years, the expo in 2022 is...
NALCO sharply increases its aluminium ingot price by INR6400/t as LME aluminium price hit 10-year high yet again
A week after reducing the aluminium ingot price by INR 2,000 per tonne, National Aluminium Company Limited (NALCO) has sharply increased the price of its ingot with effect from Tuesday, September 7. Seeing a rise of INR 6,400 per tonne or 2.80 per cent on September 7, NALCO’s aluminium ingot price...
US aluminium scrap imports from Canada improve 7% to 105,200 tonnes in Q2 2021; Imports in H1 surge 29%
The United States imports of aluminium scrap from Canada stood at 36,900 tonnes in June 2021, an increase of 2,800 tonnes or 8.21 per cent month-on-month, found the US Census Bureau. In May, the US imported 34,100 tonnes of aluminium scrap, essentially unchanged from 34,200 tonnes in April 2021....
Vedanta’s aluminium wire rod and billets prices see a hike of INR2250/t with effect from September 3
Vedanta Limited increased its aluminium products prices by INR 2,250 per tonne or 1 per cent with effect from Friday, September 3, bringing aluminium wire rod price to INR 236,000-243,500 per tonne from INR 233,750-241,250 per tonne on September 2. Since the last hike, the company’s aluminium...
Bauxite(4.5≤Al/Si＜5.5) price in Henan exceeds RMB500/t after military coup in Guinea; A00 aluminium ingot price grows by RMB70/t
According to the Shanghai Metals Market, bauxite(4.5≤Al/Si＜5.5) price in Henan has seen an increase of RMB 20 per tonne on Tuesday, September 7, to exceed RMB 500 per tonne. Due to the military coup in Guinea that has fuelled concerns over raw material supply required for aluminium smelting,...
Guinea Coup drives LME aluminium benchmark price again to 10-year high at US$2745.5/t; SHFE price drops to US$3366/t
Three-month LME aluminium opened at US$2,737 per tonne on Monday morning and ranged between US$2,734-2,782 per tonne before closing at US$2,767.50 per tonne, an increase of US$34.50 per tonne or 1.26 per cent. Trading volume was 14,892 lots, and open interest increased by 5,202 lots to 651,000...
China’s alumina spot price extends growth to RMB3119/t; A00 aluminium ingot price surges by RMB310/t
The average alumina spot price in China has extended its growth by RMB 45 per tonne to come in at INR 3,119 per tonne on September 6, 2021, found the Shanghai Metals Market. In Shandong, alumina price has climbed by RMB 50 per tonne to stand at RMB 3,125 per tonne, while the price in Henan and...
Hindalco’s aluminium ingot price grows by INR2000/t to INR227,750/t with effect from September 3
Hindalco Industries Limited increased its aluminium ingot and aluminium products prices with effect from September 3, the next day after it reduced the prices by INR 4,000 per tonne. The company’s aluminium ingot price came in at INR 227,750 per tonne, up by INR 2,000 per tonne or 0.90 per cent...
LME aluminium price rose slightly by US$1.50/t to US$2696/t; SHFE price soared by US$71/t to US$3373/t
Three-month LME aluminium opened at US$2,695 per tonne last Friday morning and ranged between US$2,678-2,733.50 per tonne before closing at US$2,733 per tonne, an increase of US$31.50 per tonne or 1.17 per cent. Trading volume was 14,757 lots, and open interest decreased by 11,112 lots to 646,000...
Downstream Weekly Recap: Hulamin’s aluminium rolled product sales grow 43% in H1 2021; China’s aluminium billet inventories increase 14,600 tonnes
Global aluminium downstream industry remained muted this week except delivering a few updates such as Hulamin’s, South Africa-based aluminium supplier and exporter, flattering results for both rolled and extruded product segments and the rise in China’s aluminium billet inventories on large...
Weekly Alumina Recap: Alumina spot price in China soared above RMB3000/t; Eurallumina on last stages to resume production
The global alumina industry saw a few updates this week that included China’s domestic alumina price surge and Europe’s one of the largest alumina refineries Eurallumina to resume operations in a while. The average alumina spot price in China rose throughout the week starting at RMB2,802 per tonne...
LME aluminium price opened this week at a 10-year high but closed lower at US$2696/t; SHFE price continued rising to US$3302/t
LME aluminium cash (bid) price and LME official settlement price reached a 10-year high this week at US$2,714 per tonne as of Tuesday, August 31. Due to a summer bank holiday, the LME market was closed on Monday and started the week on Tuesday. Next day, on September 1, both LME aluminium cash...
China’s aluminium billet inventories increase 14,600 tonnes this week on large arrivals of stocks and weaker purchases
According to the Shanghai Metals Market data, aluminium billet inventories in China built-up 14,600 tonnes or 11.7 per cent from a week ago to stand at 139,000 tonnes on Thursday, September 2. Last week, on August 26, China’s aluminium billet inventories hovered around 124,400 tonnes after...
ASI certifies Alcoa’s two smelting facilities in Quebec against Performance Standard Certification
According to a recent report, Aluminium Stewardship Initiative (ASI) has successfully certified Alcoa’s Aluminerie de Bécancour (ABI) and Aluminerie de Deschambault smelters in Quebec, Canada, against the Performance Standard Certification for responsible production, sourcing and stewardship of...
China’s alumina spot price continues to grow to stand at RMB3074/t; A00 aluminium ingot price settles RMB100/t higher
The average alumina spot price in China has continued to grow for the fifth day in a row to reach at RMB3,074 per tonne as of Friday, September 3. According to the Shanghai Metals Market, the price has increased by RMB45 per tonne today from RMB3,029 per tonne on September 2. In Shandong, alumina...
LME aluminium price gained 1% to reach at US$2694.5/t; SHFE price continued to increase to US$3302/t
LME aluminium benchmark price closed 1 per cent higher on Thursday, September 2. LME aluminium cash (bid) price and LME official settlement price increased by US$27 per tonne to stand at US$2,694.50 per tonne on Thursday, September 2, following a decline of US$46.50 per tonne on the previous day....
NALCO’s aluminium ingot selling price drops by INR2000/t with effect from September 1
National Aluminium Company Limited (NALCO) has decreased its aluminium ingot and aluminium products prices with effect from Wednesday, September 1. After rebounding by INR 8,000 per tonne on August 25, NALCO’s aluminium ingot price has reduced by INR 2,000 per tonne or 0.88 per cent from INR...
Primary aluminium inventories in China fall 5,000 tonnes after three consecutive weeks of hike
According to the Shanghai Metals Market, social inventories of primary aluminium across eight major Chinese consumption areas have fallen this week by 5,000 tonnes after recording hikes for the past three consecutive weeks. SMM data shows the inventories have come in at 749,000 tonnes as of...
