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.
Alumina production in West Europe shrinks 10% in April 2021; Output in East & Central Europe inches up by only 1000 tonnes
In West Europe, alumina production in April 2021 stood at 440,000 tonnes, reflecting a month-on-month decline of 51,000 tonnes or 10.39 per cent, showed the International Aluminium Institute. In March, alumina production in West Europe increased by 52,000 tonnes or 11.85 per cent from 439,000...
Primary aluminium inventories in China shed 58,000 tonnes to stand below 1 million tonnes: SMM
Primary aluminium inventories have continued to decline to stand below 1 million tonnes. According to the Shanghai Metals Market, social inventories of primary aluminium have decreased by 58,000 tonnes or 5.69 per cent across eight major consumption areas in China, including SHFE warrants, to come...
World alumina production declines 2.6% M-o-M but increases 6.9% on year to stand at 11.598 MT: IAI
In April 2021, world alumina production stood at 11.598 million tonnes, reflecting a month-on-month downfall of 2.63 per cent, found the International Aluminium Institute's data. In March, the output amounted to 11.911 million tonnes, climbing 2.59 per cent from 10.610 million tonnes in February...
Jiangsu Zhongji Lamination Materials Co., Ltd bags ASI’s Chain of Custody Standard Certification
Aluminium Stewearship Initiative has successfully certified Jiangsu Zhongji Lamination Materials Co., Ltd against the Chain of Custody (CoC) Standard certification for material conversion activities at the Anhui Maximum Aluminium Industries Co., Ltd. plant in Anhui Province, China. The plant’s main...
LME aluminium price inched up 0.80% to close at US$2359.50/t; SHFE price grew to US$2878/t
Three-month LME aluminium rose 1.17 per cent to close at US$ 2,413.5 per tonne on Wednesday, May 26. It is expected that the contract will run upwards and trade between US$ 2,380-2,480 per tonne today. LME aluminium cash (bid) price and LME official settlement price extended growth by US$ 18.50 per...
US alumina imports improve 32.48% Q-o-Q to 416,000 tonnes in 1Q2021, but exports shrink 7% to 46,800 tonnes
According to the latest data shown by the US Geological Survey, the United States imported 416,000 tonnes of alumina in the first quarter of 2021. This represented a quarter-on-quarter hike of 102,000 tonnes or 32.48 per cent from 314,000 tonnes of bauxite imported in Q4 2021. On a year-on-year...
Hindalco’s aluminium ingot price grows INR2500/t after five consecutive cuts in last two weeks
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices with effect from May 26 after five consecutive cuts in last two weeks. Hindalco is now selling its aluminium ingot at INR 197,500 per tonne as the price has been raised by INR 2,500 per tonne or 1.28 per...
United States crude and dried bauxite imports become weaker by 10.55% in Q1 2021, shows USGS data
The United States import of crude and dried bauxite further decreased on quarter and stood at 695,000 tonnes in Q1 2021 ended on March 31, found the Geological Survey data. The import plunged by 82,000 tonnes or 10.55 per cent from 777,000 tonnes in Q4 2020. On a year-on-year calculation, the...
Aditya Aluminium renders support to Jharsuguda district administration in COVID-19 combat
Aditya Birla Group company Aditya Aluminium has rendered its support to the Jharsuguda district administration for combating the COVID-19 crisis. According to a report, the smelter-power plant has donated 10 oxygen concentrators, 200 N95 masks, 200 PPE kits, 100 double-layered Sambalpuri cotton...
A00 aluminium ingot price in China gains RMB20/t to settle at RMB18390/t amid muted input costs
According to the Shanghai Metals Market, A00 aluminium ingot price in China has continued to grow by RMB 20 per tonne to come in at RMB 18,390 per tonne on Wednesday, May 26. The average prices are expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne, with spot contract to be...
Vedanta cuts its aluminium products prices by over 3%, aluminium billet price pegs at INR202750/t
Vedanta Limited has reduced its aluminium products and aluminium ingot prices for the second time in a row, with effect from Tuesday, May 25. The company has cut its aluminium billet price by INR 7,750 per tonne or 3.68 per cent to INR 202,750 per tonne. Last week on May 20, Vedanta’s aluminium...
India’s aluminium scrap imports from US fall 19% in 1Q2021; Imports in March improve 9% M-o-M
Of 170,000 tonnes of the United States total aluminium scrap exports in March 2021, India imported 29,700 tonnes, according to the US Geological Survey’s latest data. India’s aluminium scrap imports from the US in March recorded an increase of 2,500 tonnes or 9.20 per cent month-on-month from...
Operating rates at China’s major aluminium processors increase to 77.1%, bolstered by aluminium extrusion orders
Operating rates at major aluminium processors in China rose 2.3 percentage points from a week ago to 77.1 per cent last week, ended on Friday, May 21. The overall growth was due to the significant increase in aluminium construction extrusion orders due to real estate recovery. Orders for aluminium...
NALCO extends aluminium ingot price cut by INR5200/t with effect from May 22
National Aluminium Company Limited (NALCO) extended its aluminium ingot and aluminium products price cut last week, albeit lower than the previous day, with effect from May 22. NALCO reduced its aluminium ingot price by INR 5,200 per tonne or 2.5 per cent to INR 200,350-203,850 per tonne on...
LME aluminium price nosedived by US$98/t to close at US$2305/t; SHFE grew to US$2858/t
Three-month LME aluminium advanced 0.44 per cent to settle at US$ 2,390 per tonne on Monday, and it is likely to fluctuate between US$ 2,250-2,350 per tonne today. LME aluminium cash (bid) price and LME official settlement price nosedived by US$ 98 per tonne on Monday, May 24, to settle at US$...
Primary aluminium production in East & Central Europe inches down 1% during Jan-Apr’21; Output in West Europe grows marginally
Primary aluminium production in East & Central Europe stood at 341,000 tonnes in April 2021, reflecting a downfall of 12,000 tonnes or 3.40 per cent month-on-month. However, in March, the output stood up by 34,000 tonnes or 10.66 per cent from 319,000 tonnes in February to 353,000 tonnes. East &...
China’s aluminium price rally leads to a dip in secondary aluminium operating rates by 0.25 percentage point in April 2021
In April 2021, operating rates at China's secondary aluminium producers stood at 41.35 per cent, inching down by 0.25 percentage point month-on-month but up by 17.92 percentage points year-on-year. Operating rates at large enterprises increased slightly as furnaces resumed normal operation from...
Africa’s primary aluminium production declines by only 2% YoY to 130,000 tonnes in April 2021
The International Aluminium Institute found primary aluminium production in Africa stood at 130,000 tonnes in April 2021, reflecting a marginal drop of 1,000 tonnes month-on-month. On a year-on-year calculation, the output in April recorded a downfall of 3,000 tonnes or 2.26 per cent from 133,000...
