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.
UK’s independent aluminium recycler Alutrade Ltd appoints new Business Development Manager
Alutrade Ltd, the United Kingdom’s largest independent recycler of aluminium cans and extrusion, has appointed Paul Mason as Business Development Manager. Mr Mason, who has been working within the metals/recycling industry for more than 30 years, joined the position at Alutrade last month as a...
Vedanta’s aluminium ingot price soars by INR6250/t on June 2 in line with LME aluminium price rally
Vedanta Limited has significantly expanded its aluminium ingot and aluminium products prices for the third time in a row, with effect from Wednesday, June 2, 2021. Vedanta has raised its aluminium ingot price by INR 6,250 per tonne or 2.9 per cent to INR 206,750-219,750 per tonne on June 2. Last...
Salzburger Aluminium Group subsidiary to start production at new site in Slovakia
SAG Slovakia, a wholly-owned subsidiary of the Salzburger Aluminium Group, will commence production at its new site in the SIHOT industrial park near Trencin. The company invested around 1.5 million euros in the relocation and expansion of the new site. The new plant, located near the...
LME aluminium benchmark price edged 2.37% higher to US$2461.50/t; SHFE fell by US$11/t to close at US$2925/t
LME aluminium benchmark price gained 2.37 per cent on Tuesday to close at US$ 2,461.50 per tonne. The price is expected to move between US$ $2,450-2,520 per tonne. On Tuesday, June 1, LME aluminium cash (bid) price and LME official settlement price soared by US$ 57 per tonne to settle at US$...
Partnership of Beiersdorf and Nussbaum is producing aerosol cans from 100% recycled aluminium
Beiersdorf and Nussbaum are reportedly producing aerosol cans from 100 per cent post-consumer recycled aluminium, which the dup plans to roll out to the market by the end of 2021. The innovative aerosol packaging will be produced entirely out of used beverage cans. The German-based skincare firm is...
Operating rates of China’s major aluminium processors dip 0.6 percentage point last week: SMM
Decline in operating rates of primary and secondary aluminium alloy enterprises last week pulled down the operating rates of major aluminium processors by 0.6 percentage point, found the Shanghai Metals Market. Some construction extrusion companies were affected by electricity curtailment, while...
US aluminium scrap imports from Canada decline 4.56% in 1Q2021; Imports in March rise 18.77%
The United States aluminium scrap imports from Canada in 1Q2021 totalled 98,300 tonnes – 478.24 per cent higher than 17,000 tonnes a year ago but 4.56 per cent less than 103,000 tonnes a quarter ago . In March, the United States imported 34,800 tonnes of aluminium scrap from Canada, which...
ASI welcomes aluminium slug and disc producer ALUMAN SA as 171st Production & Transformation member
Aluminium Stewardship Initiative has welcomed ALUMAN SA as a new Production & Transformation member, bringing the total number of members to 171. Headquartered in Athens, ALUMAN SA produces aluminium slugs and discs with an annual production capacity of 35,000 tonnes. It exports 100 per cent of its...
Prebaked anode price in China soars by RMB315/t after a month of restraint; A00 aluminium ingot price extends decline to RMB18710/t
According to the Shanghai Metals Market, prebaked anode price in East China has soared by RMB 315 per tonne on June 1, 2021, to stand at RMB 4,712.50 per tonne. This marks an increase after almost a month of restraint at RMB 4,397.50 per tonne. The average prices are expected to range between RMB...
Recycled aluminium weekly recap: China's secondary aluminium operating rates down 0.25% in April; Nissan invests £52 million into scrap extraction
Right from a dip in secondary aluminium operating rates in China to Nissan’s £52 million investment into Sunderland facility for enabling the use of recycled and lightweight aluminium for the all-new Qashqai SUV, this week reported a plethora of events in the aluminium recycling industry. Let us...
Primary Aluminium Weekly Recap: A00 aluminium ingot price in China surged by RMB480/t; Hindalco and Vedanta raised ingot prices
Primary aluminium market has witnessed a rise in LME aluminium benchmark price this week during May 24-28. The Chinese domestic aluminium ingot price has also seen a surge of RMB 480 per tonne through the week. Besides, the market has encountered hikes in Vedanta’s and Hindalco’s aluminium ingot...
Hindalco’s aluminium ingot price sees a rise of more than 1% to INR201000/t with effect from May 28
Hindalco Industries Limited has further raised its aluminium ingot and aluminium products prices for the second time in a row with effect from Friday, May 28. Hindalco’s aluminium ingot price has seen an increase of INR 3,500 per tonne or 1.77 per cent to come in at INR 201,000 per tonne. On May...
LME aluminium price grew this week by US$99.50/t to settle at US$2404.50/t; SHFE price closed higher at US$2954/t
Three-month LME aluminium advanced 0.44 per cent to settle at US$ 2,390 per tonne on Monday but fell 0.19 per cent on Tuesday to close at US$ 2,385.50 per tonne. On Wednesday, the price rose 1.17 per cent to US$ 2,413.50 per tonne and closed higher on Thursday at US$ 2,486.50 per tonne. LME...
Nissan invests £52 million in extra-large press line and recycling facility for aluminium scrap extraction
According to a recent report, Nissan has confirmed an investment of £52 million into its Sunderland facility for enabling the use of recycled and lightweight aluminium for the all-new Qashqai SUV. The automaker has invested in a second extra-large press line and a “cyclone” recycling facility that...
Novelis to supply sustainable, lightweight aluminium body sheet to Nissan for all-new Qashqai SUV
Novelis, the world leader in aluminium rolling and recycling, has announced today, May 28, that it will supply sustainable, lightweight aluminium body sheet to Nissan for the all-new Qashqai SUV and create a closed-loop recycling system in Europe. Novelis aluminium body sheet will be used in the...
NALCO reduces its aluminium ingot price for the third time in a row to INR196,350-199,850/t
National Aluminium Company Limited (NALCO) has reduced its aluminium ingot and aluminium products prices for the third time with effect from Thursday, May 27. NALCO’s aluminium ingot price has come in at INR 196,350-199,850 per tonne after being reduced by INR 4,000 per tonne or 2 per cent from INR...
A00 aluminium ingot price soars by RMB450/t to close at RMB18820/t; Aluminium alloy (A356) price mounts to RMB19550/t
A00 aluminium ingot price in China has surged by RMB 450 per tonne to come in at RMB 18,820 per tonne on Friday, May 28, found the Shanghai Metals Market. The average prices are expected to range between RMB 18,800 per tonne and RMB 18,840 per tonne, with spot contract to be traded at a premium...
Press Metal Aluminium reports double net profit in 1Q2021 on record-high aluminium prices
Press Metal Aluminium Holdings Bhd reported that its net profit doubled in the first quarter of 2021, bolstered by record-high aluminium prices. The company expects the global economy to revive further to drive demand, keeping selling prices at elevated levels. In the first three months of the year...
