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.
Malaysia’s aluminium scrap imports from US record a 14% hike M-o-M to 36,700 tonnes in February 2021
Malaysia’s aluminium scrap imports from the United States edged 4,500 tonnes or 13.98 per cent higher month-on-month to 36,700 tonnes in February 2021, found the US Geological Survey data. In January, Malaysia imported 32,200 tonnes of aluminium scrap from the US, down by 4,200 tonnes or 11.54 per...
Mining Industry Indonesia assigns $2 billion annual capex with focus on building alumina refinery
Mining Industry Indonesia (MIND ID) has assigned a capital expenditure (capex) of Rp 29 trillion (US$2.05 billion) for the year 2021, with a focus on developing an alumina refinery. MIND ID president director Orias Petrus Moedak said last week that of the total allotted fund, Rp 2 trillion would be...
LME aluminium price continues to grow for the fourth consecutive day to US$2565/t; SHFE price declines to US$3087/t
Three-month LME aluminium fell 0.1 per cent to close at US$ 2,529.5 per tonne on Monday, May 10. It is expected to trade between US$ 2,500-2,580 per tonne today. LME aluminium cash (bid) price and LME official settlement price continued to increase for the fourth day in a row to stand at US$ 2,565...
Vedanta Aluminium banking on Smart Technology and Digital Solutions to sustain production amid COVID
Vedanta Aluminium & Power Business has accelerated the use of cutting-edge technologies and digital solutions to protect the workforce against the COVID-19 and sustain production to meet India’s needs for aluminium. The news came after Vedanta said that it integrated the best-in-class digital...
Dr Wang Yancheng joins SMM’s new London Office as Managing Director
Shanghai Metals Market has established a new overseas office in London in May 2021, the second overseas establishment after Singapore office on September 1, 2017. In order to provide international customers with more professional and high level services as a leading research institution and portal...
Hindalco raises its aluminium wire rod and billets prices by INR2750/t on the second consecutive day
Hindalco Industries Limited increased its aluminium products and aluminium ingot prices for two consecutive days last week. Following a hike of INR 3,250 per tonne on May 7, Hindalco’s aluminium wire rod price witnessed a rise of INR 2,750 per tonne or 1.24 per cent on May 8 to stand at INR 225,350...
A00 aluminium ingot price in China soars above RMB20,000/t; Alumina price gains RMB25/t
A00 aluminium ingot price in China has continued to rise and exceeded RMB 20,000 per tonne level on Monday, May 10. According to the Shanghai Metals Market, the price has jumped by RMB 340 per tonne to reach a new high of RMB 20,030 per tonne, with average prices likely to range between RMB 20,010...
Vedanta’s aluminium ingot price grows for the fourth time in a row by 1.5% w.e.f. May 7
Vedanta Limited has expanded its aluminium ingot and aluminium products prices for the fourth time in a row, with effect from Friday, May 7. The last raise was a week ago, on April 30, by INR 2,250 per tonne. This week, Vedanta’s aluminium ingot price has witnessed an increase of INR 3,250 per...
Hindalco's aluminium billets and aluminium wire rod prices build-up INR3250/t on May 7
Hindalco Industries Limited has continued to increase its aluminium products and aluminium ingot prices with effect from May 7. Hindalco’s aluminium billets price this week has witnessed a hike of INR 3,250 per tonne or 1.51 per cent to INR 218,600 per tonne, in comparison with INR 215,350 per...
Tiwai Point Aluminium Smelter to cut production for reducing electricity usage
The Tiwai Point Aluminium Smelter will reportedly cut its production for reducing electricity usage by about 11 megawatts, as it has been receiving warnings over the continuing power market squeeze. This electricity cut is on top of the earlier 6 megawatts, reducing Tiwai’s energy consumption to...
Rick Hindley to join PodBack to supervise its aluminium coffee pods recycling programme; Resigns Alupro as Executive Director
According to a recent report, Rick Hindley has resigned as Executive Director of the Aluminium Packaging Recycling Organisation (Alupro) to join the coffee pod recycling service PodBack, which launched a first-of-its-kind recycling programme for aluminium coffee pods last month. Mr Hindley’s 15...
Stew Hamilton steps down as Chief Executive of Tiwai Point Aluminium Smelter
Stew Hamilton has reportedly stepped down as Chief Executive and General Manager of the Tiwai Point Aluminium Smelter to join one of New Zealand’s big power companies. Stew Hamilton has been associated with Rio Tinto, the smelter’s majority owner, for the past 22 years. In 2018, he took over as...
LME aluminium price rose 1.25% to US$2476.50/t; SHFE price soared above US$3000/t
Three-month LME aluminium increased 2.55 per cent to close at US$ 2,510 per tonne on Thursday, May 6. It is expected to trade between US$ 2,450-2,520 per tonne today. LME aluminium cash (bid) price and LME official settlement price surged on Thursday, May 6, by US$ 30.50 per tonne or 1.25 per cent...
Aluminium billet inventories in China inch up by 5,100 tonnes on May 6 after eight consecutive weeks of decline
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have increased by 9 per cent or 5,100 tonnes after eight consecutive weeks of decline. On May 6, 2021, aluminium billet inventories are standing at 139,100 tonnes compared to 134,000 tonnes last week on April 29....
US aluminium plates, sheets and bars exports to Mexico reflect 9% decline in February 2021
The United States aluminium plates, sheets and bars exports to Mexico stood at 21,800 tonnes in February 2021, reflecting a downfall of 2,100 tonnes or 8.79 per cent month-on-month. In January 2021, the exports came in at 23,900 tonnes, up 2,600 tonnes or 12.21 per cent from 21,300 tonnes in...
China’s A00 aluminium ingot price exceeds RMB19000/t amid improved input costs; Prekabed anode price jumps by RMB205/t
On Thursday, May 6, A00 aluminium ingot price in China has crossed RMB 19,000 per tonne after resuming the market from the Labour Day Holiday. According to Shanghai Metals Market data, the primary aluminium ingot price has gained over RMB 300 per tonne to come in at RMB 19,150 per tonne, marking...
Century Aluminum sees a net loss of $140 million in 1Q2021 despite increase in net sales & marginal rise in shipments
On Wednesday, May 5, Century Aluminum Company posted its quarterly reports announcing that its primary aluminum shipments in the first quarter ended on March 31, 2021, grew marginally by 757 tonnes to 195,697 tonnes. In Q4 2020, Century Aluminum’s shipments clocked in at 194,940 tonnes. Despite the...
Hydro certifies eleven companies in Paragominas under its Supplier Development Program
Hydro has reportedly certified eleven companies in Paragominas under its Supplier Development Program, which included training in Strategic Management, Commercial Intelligence, Operational Management, and Industry 4.0. Local companies that serve Mineração Paragominas SA were selected on criteria...
