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.
China’s A00 aluminium ingot price drops by RMB30/t for the second straight day; Prebaked anode price grows to RMB4565/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has further decreased by RMB 30 per tonne on Tuesday, August 3, to stand below RMB 19,800 per tonne. Data shows the price has come in at RMB 19,790 per tonne, with average prices likely to range between RMB 19,770 per tonne...
Hindalco’s aluminium ingot price sees a sharp hike of INR5750/t with effect from July 31
Hindalco Industries Limited significantly increased its aluminium ingot and aluminium product prices on Saturday, July 31, which marked the fourth consecutive time of hike. The company’s aluminium ingot price came in at INR 226,500 per tonne, up by INR 5,750 per tonne from INR 220,750 per tonne on...
Rusal presents first ever aluminium alloy lighting poles made in Russia
RUSAL, a leading global aluminium producer, has unveiled the first consignment of lighting poles made of aluminium alloys to the domestic market, in partnership with the Krasnoyarsk Metallurgical Plant (KraMZ) and Alluminate Company. These are the first aluminium lighting poles produced in Russia....
ASI welcomes China Hongqiao Group Company Limited as new Production & Transformation member
Aluminium Stewardship Initiative has announced the joining of China Hongqiao Group Company Limited as ASI’s 181 st new Production & Transformation member. China Hongqiao Group Company Limited, developed into the world’s largest aluminium producer in 2015, covers the entire aluminium industry value...
Alba achieves 665% higher profit YoY with highest-ever production of 773,887 tonnes during 2Q2021
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, has reported a year-on-year increase of 665 per cent in Profit to BD92.6 million (US$246.2 million) for the second quarter of 2021, in comparison with a Loss of BD16.4 million (US$43.6 million) during the same...
LME aluminium price soared US$67.50/t to close at US$2624/t; SHFE price inched down US$4/t
Three-month LME aluminium inched up 0.04 per cent to end at US$ 2,597.50 per tonne on Friday, with open interest increasing 5,575 lots to 676,000 lots, and is expected to trade between US$ 2,570-2,620 per tonne today. LME aluminium cash (bid) price and LME official settlement price soared by US$...
Weekly Aluminium Downstream Recap: Constellium reports 31% growth in Q2 shipments to 406,000 tonnes; Vedanta’s aluminium wire rod price mounts to INR229,000-236,500/t
Global aluminium downstream market offered us a myriad of news this week right from some of the eminent companies’ financial reports to investment update. To start with, Kaiser Aluminum Corporation reported net sales of $741 million for the second quarter 2021 compared to $276 million in the prior...
NALCO aluminium ingot price gains INR3900/t to stand at INR215,150- 218,650/t this week
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium product prices with effect from Wednesday, July 28, following a cut on July 23. The hike has brought in the aluminium ingot price at INR 215,150- 218,650 per tonne, up by INR 3,900 per tonne or 1.85 per cent...
LME aluminium price surged by US$124.50/t this week to settle at US$2624/t; SHFE price grew 1.72% to US$3077/t
LME aluminium cash (bid) price and LME official settlement price trended up this week by US$ 124.50 per tonne, with one intermittent drop. Starting the week at US$ 7.50 per tonne higher at US$ 2,499.50 per tonne on Monday, July 26, both LME aluminium cash (bid) price and LME official settlement...
Weekly Alumina Recap: World alumina production grows 6% to 69.903MT in 1H2021; Aughinish Alumina secures EU funding to reduce carbon footprint
This week, during July 26-30, the world alumina market has encountered some of the major updates; for instance, the International Aluminium Institute reports that the world alumina production in 2Q2021 amounted to 35.625 million tonnes, reflecting a hike of 3.93 per cent from 34.278 million tonnes...
Vedanta continues to increase its aluminium product prices by INR3000/t in line with LME aluminium price rally
Vedanta Limited has continued to expand its aluminium ingot and aluminium product prices in line with the steady growth in the LME aluminium benchmark price. With effect from Friday, July 30, Vedanta's aluminium wire rod price has come in at INR 229,000-236,500 per tonne, up by INR 3,000 per tonne...
Hindalco further grows its aluminium ingot price to INR220,750/t with effect from July 30
Hindalco Industries Limited has increased its aluminium ingot and aluminium product prices for the third time in a row, with effect from Friday, July 30. The company’s aluminium ingot price has come in at INR 220,750 per tonne, gaining INR 2,750 per tonne from the previous day. On July 29, Hindalco...
Alumina production in West Europe declines 2% Q-o-Q to 1.380MT in 2Q2021; Output in East & Central Europe grows 3% to 1.199MT
During June 2021, alumina production in West Europe increased by 6,000 tonnes or 1. 28 per cent month-on-month to come in at 473,000 tonnes, found the International Aluminium Institute. In May, the output was at 467,000 tonnes, gaining 27,000 tonnes from the previous month. However, on a...
Hawkins & Brimble to upgrade its three popular product lines to aluminium packaging
Hawkins & Brimble, a British men’s grooming brand, is reportedly adopting aluminium packaging for three of its most popular product lines. The aluminium packaging is produced by Vetroplas in conjunction with its Spanish partner Envases. The packaging is slick and aesthetically pleasing, achieved by...
LME aluminium price closes 1.61% higher at US$2556.50/t; SHFE price grows to US$3077/t
Three-month LME aluminium closed 2.99 per cent higher at US$ 2,596.50 per tonne on Thursday, with open interest increasing 1,850 lots to 670,000 lots, and is expected to trade between US$ 2,550-2,600 per tonne today. LME aluminium cash (bid) price and LME official settlement price jumped by US$...
China's A00 aluminium ingot price closes this week at RMB19850/t; Aluminium alloy (A356) price surges by RMB350/t
A00 aluminium ingot price in China has extended its growth by RMB 350 per tonne to end the week on Friday, July 30, at RMB 19,850 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 19,830 per tonne and RMB 19,870 per tonne, with spot contract to be...
Gangavaram Port in Visakhapatnam, India creates National Record by discharging 125,380 tonnes of bauxite within 24 hours
Gangavaram Port in Visakhapatnam, India, the deepest and the most modern port in India, has reportedly discharged 125,380 tonnes of bauxite within 24 hours using the Mechanical Unloading System, the fastest bauxite discharge rate in the history of any port in India and possibly in the world. The...
China’s primary aluminium inventories see the sharpest fall this week by 51,000 tonnes since the beginning of July
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to fall for the fourth week in a row, ending on Thursday, July 29. Extending the downfall by 51,000 tonnes week-on-week across eight consumption areas, including SHFE warrants, the inventories...
