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.
US aluminium plates, sheets and bars exports to Mexico decline 11% M-o-M in April’21 but grow 29% over the year
According to the US Census Bureau data, the United States exported 23,900 tonnes of aluminium plates, sheets and bars to Mexico in April 2021. That was down by 10.88 per cent from 26,500 tonnes of exports in March 2021. In February 2021, the United States exported 21,800 tonnes of aluminium flat...
Altech Chemicals progresses Pre-Feasibility Study for high-purity alumina coating plant in Germany
On Monday, July 12, Altech Chemicals (ATC) said that it advanced the Pre-Feasibility Study (PFS) for its battery materials high-purity alumina (HPA) coating plant in Germany. The plant in designed to coat 10,000 tonnes of anode graphite per year in its initial stage, using Altech’s alumina coating...
Vedanta reduces its aluminium wire rod and billet prices by INR2250/t or 1% with effect from July 13
Vedanta Limited has reduced its aluminium products and aluminium ingot prices with effect from Tuesday, July 13, in line with the decline in LME aluminium benchmark price on Monday, July 12. Vedanta’s aluminium wire rod price has come in at INR 220,750- 228,250 per tonne, up by INR 2,250 per tonne...
LME aluminium price opened the week lower at US$2449/t; SHFE price grew to US$2971/t
Three-month LME aluminium fell 0.06 per cent to close at US$ 2,492.50 per tonne on Monday. It is expected to trade between US$ 2,480-2,550 per tonne today. LME aluminium cash (bid) price and LME official settlement price opened the week on Monday, July 12, at US$ 2,449 per tonne, down by US$ 21 per...
European aluminium producers seeking exemption from carbon border tax
According to a recent report, European aluminium producers are seeking exclusion from the first phase of the European Union’s carbon border adjustment mechanism (CBAM), claiming that the initiative will put the industry at a competitive disadvantage to foreign rivals and do little to tackle climate...
China’s aluminium production edges 3% lower M-o-M but grows 7% on year to 3.22MT in June’21
According to the Shanghai Metals Market, China produced 3.22 million tonnes of aluminium in June 2021. That was down by 3.01 per cent month-on-month from 3.32 million tonnes after a hike last month. But on a year-on-year calculation, the output stood up by 7.3 per cent from 3 million tonnes....
Hindalco’s aluminium wire rod price grows by INR2750/t with effect from July 10
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices on Saturday, July 10, a day soon after it sharply reduced the prices. The company grew its aluminium wire rod price by INR 2,750 per tonne to sell the product at INR 226,100 per tonne. On Friday, July 9,...
Bauxite (4.5≤Al/Si＜5.5) Henan price grows RMB27.50/t after a month-long restraint; A00 aluminium ingot price soars above RMB19000/t
After a month-long restraint, bauxite (4.5≤Al/Si＜5.5) Henan price has increased by RMB 27.50 per tonne to stand at RMB 387.50 per tonne as of Monday, July 12, found the Shanghai Metals Market. The average prices are expected to range between RMB 365-410 per tonne. Among other primary aluminium...
Weekly Downstream Aluminium Recap: Hydro to sell Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group; Vedanta cuts aluminium products prices by INR7000/t
Right from Hydro signing an agreement to sell 100% of Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group to Novelis Korea Limited plant successfully receiving the ASI Performance Standard certification, the global aluminium downstream sector has witnessed many this week. Hydro Extrusions...
Weekly Alumina Recap: Altech Chemicals establishes R&D laboratory in Perth; China’s alumina production in June declines to 6.12MT
News that has topped the headline this week under the alumina sector is Altech Chemicals Limited’s establishment of its own research and development laboratory in Perth, Western Australia. The news came after the company itself announced it on Monday, July 5. The establishment was smoothly...
China’s alumina production in June'21 reflects a decline of 4.7%; Output stands at 6.12 million tonnes
According to the Shanghai Metals Market data, China’s alumina production in June 2021 stood at 6.12 million tonnes, reflecting a downfall of 4.67 per cent from 6.42 million tonnes in the previous month. The output included 5.91 million tonnes of metallurgical grade alumina, which was 4.84 per cent...
Hindalco’s aluminium ingot price sees a sharp cut of 3% or INR7000/t with effect from July 9
Hindalco Industries Limited has reduced its aluminium ingot price by 3 per cent or INR 7,000 per tonne with effect from Friday, July 9, bringing it to INR 212,250 per tonne from INR 219,250 per tonne on July 3. With the latest cut, Hindalco is selling its aluminium wire rod at INR 223,350 per...
Vedanta sharply cuts its aluminium wire rod and billet prices by INR7000/t with effect from July 9
Vedanta Limited has slashed its aluminium products and aluminium ingot prices after a week since it increased the prices by INR 4,000 per tonne on July 3. The company has decreased its aluminium wire rod and aluminium billet prices sharply by INR 7,000 per tonne or 3 per cent with effect from...
LME aluminium price declined for the third consecutive day to US$2435/t; SHFE price closed US$3/t higher
Three-month LME aluminium fell 1.49 per cent to close at US$ 2,450.50 per tonne on Thursday. It is expected to trade between US$ 2,410-2,480 per tonne today. LME aluminium cash (bid) price and LME official settlement price extended decline for the third day in a row sharply by US$ 73.50 per tonne...
Rheinmetall AG expects to secure 22 million euros worth aluminium pistons order; LOI signed with international carmaker
On Thursday, July 8, Rheinmetall AG has announced that it is expecting to bag a significant order of aluminium pistons from a renowned international carmaker. The German defense and automotive company has also said that it has already signed a letter of intent with the carmaker, and the order value...
China’s aluminium billet inventories gain 12,600 tonnes this week on feeble demand with the arrival of traditional off-season
According to the Shanghai Metals Market, aluminium billet inventories have built up 12,600 tonnes or 11 per cent this week on Thursday, July 8, to stand at 123,800 tonnes. SMM found that with the arrival of the traditional off-season, the demand and consumption of downstream aluminium fell,...
US aluminium scrap imports from Canada report a two-fold growth in April 2021
According to the US Census Bureau report, the country imported 34,200 tonnes of aluminium scrap from Canada in April 2021. That was almost flat compared to 34,800 tonnes in March 2021. However, the import volume in March increased month-on-month by 5,500 tonnes or 18.77 per cent from 29,300 tonnes...
NALCO hikes its aluminium ingot price for the third time in a row to INR217,750-221,250/t on July 7
National Aluminium Company Limited’s (NALCO) aluminium ingot and aluminium products prices have extended their hikes for the third time in a row, from June 25 to July 7. With the latest rise on Wednesday, July 7, NALCO’s aluminium ingot price has come in at INR 217,750-221,250 per tonne, up by INR...
