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.
LME aluminium price rose 1.56% to reach at US$2609/t; SHFE price settled higher at US$3139/t
LME aluminium benchmark price closed higher for the second consecutive day by US$ 40 per tonne or 1.56 per cent on Monday, August 23. LME aluminium cash (bid) price and LME official settlement price continued to rise for the second day in a row to reach at US$ 2,609 per tonne on Monday, August 23....
China’s alumina imports see a surge of 92% M-o-M to 526,900 tonnes in July’21; Australia accounts for 69% of imports
According to China Customs data, China imported 526,900 tonnes of alumina in July 2021, which reflected an increase of 91.66 per cent from the previous month and 26.27 per cent from a year ago. From January to July, China’s alumina imports totalled 1.94 million tonnes, however, a decrease of 17.73...
World primary aluminium production edges 3% higher M-o-M to 5.747 million tonnes in July 2021: IAI
World primary aluminium production in July 2021 amounted to 5.747 million tonnes, which was an increase of 3.4 per cent from 5.558 million tonnes a month ago, according to the latest data from the International Aluminium Institute. However, the output of world primary aluminium in June edged 3.67...
India’s aluminium scrap imports from US grow more than 8% in Q2 2021 despite a dip in June
India’s aluminium scrap imports from the United States stood at 28,100 tonnes in June 2021, reflecting a downfall of 1,500 tonnes or 5.07 per cent from 29,600 tonnes in May, found the latest data from the US Census Bureau. However, on a year-on-year basis, the imports stood 119.53 per cent higher...
A00 aluminium ingot price in China opens the week higher at RMB20360/t; Imported alumina price grows by US$5/t
A00 aluminium ingot price in China has jumped by RMB 260 per tonne to open the week on Monday, August 23, at RMB 20,360 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,340 per tonne and RMB 20,380 per tonne, with spot contract to be traded at a...
US primary aluminium production in June 2021 reflects a 4% drop M-o-M to 72,000 tonnes; Average daily production remains unchanged
The latest data from the US Census Bureau shows that domestic primary aluminium production in the United States in June 2021 stood at 72,000 tonnes. That reflected a decrease of 3,000 tonnes or 4 per cent from 75,000 tonnes in May. On a year-on-year calculation, the output in June stood 17,000...
Downstream Weekly Recap: EGA’s Jebel Ali plant bags ASI Performance Standard Certification; Arconic invests $100 million to improve aluminium can sheet production
In the downstream aluminium sector, some of the notable enterprises received the Aluminium Stewardship Initiative certification this week. To start with, Emirates Global Aluminium (EGA) bagged the ASI Performance Standard Certification for aluminium smelter and casthouse operations and other...
LME aluminium price trended down this week by US$75/t to US$2569/t; SHFE price shrank 2% to US$3071/t
LME aluminium cash (bid) price and LME official settlement price recorded a downtrend this week by US$ 75 per tonne. The prices started the week on Monday, August 16, with a surge of US$ 41.50 per tonne to US$ 2,644 per tonne but decreased on the subsequent day, August 17, by US$ 10 per tonne to...
China’s imports of aluminium ores and concentrates slip 15.7% to 9.25 million tonnes in July 2021
According to China Customs data, imports of aluminium ores and concentrates shrank by 15.7 per cent year-on-year in July 2021 to stand at 9.25 million tonnes. That brought the total imports of aluminium ores and concentrates in the first seven months of 2021 to 64.41 million tonnes, down by 7.1 per...
Marubeni Corporation starts selling carbon-neutral aluminium ingot ‘Neutr-AL’
Marubeni Corporation, a Japanese integrated trading and investment business conglomerate, has made an announcement on Friday, August 20, about its carbon-neutral aluminium ingot sale in Japan. The Tokyo-based trading house has started selling the product in response to customers’ demand and choice...
Use of digitisation in Odisha’s mining sector curbs adverse impacts of COVID-19 pandemic: State Minister for Steel and Mines
Odisha is one of the few states in India that adopted online mineral monitoring system and issued e-passes during the COVID-19 pandemic to ensure seamless business activities and movement, pointed out State Minister for Steel and Mines Prafulla Kumar Mallik. The Minister also noted that mineral...
ASI certifies Shangqiu Yangguang Aluminium Product Co., Ltd. against Chain of Custody Standard certification
Aluminium Stewardship Initiative has certified Shangqiu Yangguang Aluminium Product Co., Ltd. against its Chain of Custody Standard certification for aluminium smelting, cold rolling, annealing and packing operations, and related management activities. Shangqiu Yangguang Aluminium’s main products...
LME aluminium price plunged by US$45.50/t to close at US$2544/t; SHFE price settled lower at US$3071/t
Three-month LME aluminium edged down by 0.74 per cent to settle at US$ 2,544 per tonne on Thursday, August 19. LME aluminium cash (bid) price and LME official settlement price continued to decrease for the third day in a row by US$ 45.50 per tonne or 1.76 per cent to come in at US$ 2,544 per tonne...
China’s aluminium billet inventories grow for the third week in a row to 130,630 tonnes on low buying interest among consumers
According to the Shanghai Metals Market, aluminium billet inventories in China have continued to grow for the third week in a row by 13,100 tonnes or 11.1 per cent on Thursday, August 19. This brings the inventories to 130,630 tonnes from 117,560 tonnes last week, August 12. SMM survey showed...
Hindalco Industries reduces aluminium ingot selling price to INR223,500/t with effect from August 19
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices with effect from Thursday, August 19, after increasing them three times in a row since the week last. Hindalco’s aluminium ingot price has witnessed a slash of INR 3,500 per tonne or 1.54 per cent from INR...
Can Manufacturers Institute rewards a Florida-based MRF with $50,000 aluminium can capture grant
The Can Manufacturers Institute (CMI), Washington, has announced to give $50,000 aluminium can capture grant to Gel Recycling, a material recovery facility (MRF) in Port Orange, Florida, as a gesture to help the facility recover more beverage cans. Gel Recycling plans to use this grant by investing...
Kitimat aluminium smelter strike enters fourth week; Rio Tinto and Unifor to resume negotiations next week
According to a recent report, Rio Tinto and the union will hold another meeting in Vancouver next week to discuss the Kitimat aluminium smelter strike. As the strike enters its fourth week, Rio Tinto and Unifor union have decided to resume negotiations to see if a collective agreement can be...
Alumina spot price in China climbs RMB23/t after over a week-long restraint; A00 aluminium ingot price plunges by RMB260/t
The average alumina spot price in China has climbed by RMB 23 per tonne to RMB 2,667 per tonne on Thursday, August 19, after remaining restrained at RMB 2,644 per tonne from August 6 to 18, found the Shanghai Metals Market. In Guangxi, the price has increased by RMB 35 per tonne to stand at RMB...
