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.
LME aluminium price grew for the third day in a row to close at US$2297.5/t; SHFE price climbed US$25/t to US$2761/t
Three-month LME aluminium settled 1.02 per cent higher at US$ 2328 per tonne on Wednesday, April 14, while the price today is expected to hover around US$ 2300-2350 per tonne. LME aluminium cash (bid) price and LME official settle price increased for the third consecutive day by US$ 19.50 per tonne to settle at US$ 2297.50 per tonne on Wednesday, April 14. 3-months bid price and 3-months offer price grew from US$ 2293 per tonne to US$2315 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2335 per tonne, up by US$ 9 per tonne from US$ 2326 per tonne on April 13. The LME aluminium opening stock further plunged from 1841575 tonnes to 1833550 tonnes. Live Warrants totalled 1301425 tonnes, while Cancelled Warrants stood at 532125 tonnes. LME aluminium 3-months Asian Reference...
Researchers develop an inexpensive COVID-19 test device using recycled aluminium coffee capsules and 3D-printing
According to a recent report, a team at Wageningen University and TNO in the Netherlands has designed a device that enables reliable point-of-care tests for COVID-19 at an inexpensive cost. The device, made of empty aluminium coffee capsules recycled into miniature chemical reactors and combined with 3D-printing, also shares its usage instructions freely to maximise the COVID-19 testing and accelerate its impact in remote and low-income regions. Vittorio Saggiomo, who led the innovation, said: “We designed a 3D-printed plastic holder that fits four Eppendorf vials to perform the tests.” This device shows the test results in just 30 minutes, said Mr Saggiomo. It uses loop-mediated isothermal amplification (Lamp), a reaction that heats different primers and enzymes to make several copies of...
Inalum to improve its aluminium smelting furnace technology; seeks support from three EPC companies
PT Indonesia Asahan Aluminum (Inalum) has announced that it will improve its aluminium smelting furnace technology with the help of three EPC companies, namely SAMI, PT Waskita Karya (Persero), and PT Unefeco. The news came after the executive director of PT Inalum (Persero), Sophia Issabella Watimena in Kuala Tanjung, officially announced this while adding the improvement project will enhance the smelting furnace to operate at a current of 235 kA instead of 193 kA. The improvement will be implemented in potline 1 and as many as 170 furnaces, resulting in the enhancement of Inalum’s aluminium production capacity by 25,000 tonnes per year. Sophia Issabella Watimena stated, "With the improvement of technology in potline 1 as many as 170 furnaces, it is expected that the production capacity...
US aluminium scrap exports to South Korea stand 21% down M-o-M to 22,900 tonnes in January 2021
The United States aluminium scrap exports to South Korea stood at 22,900 tonnes in January 2021, reflecting a month-on-month increase of 4,000 tonnes or 21.16 per cent. In December 2020, the US scrap exports to South Korea were 18,900 tonnes, down by 6,300 tonnes or 25 per cent from 25,200 tonnes in November 2020. On a year-on-year calculation, aluminium scrap exports from the US to South Korea in January stood almost flat compared to 22,300 tonnes. The United States total aluminium scrap exports in January 2021 came in at 153,000 tonnes, up by 7,000 tonnes or 4.79 per cent from 146,000 tonnes. South Korea’s total aluminium imports (including aluminium crude metal and alloys and aluminium plates, sheets and bars) amounted to 24,400 tonnes in January 2021, almost flat compared to 24,700...
A00 aluminium ingot price in China closes near 10-year high at RMB17760/t on production curb fears
A00 aluminium ingot price in China has jumped by RMB 290 per tonne on Wednesday, April 14, to reach near 10-year high at RMB 17,760 per tonne on fears that Chinese primary aluminium producers will limit their output to meet environmental targets. The average prices are expected to range between RMB 17,740 per tonne and RMB 17,780 per tonne, with spot contract to be traded at a premium price of RMB 40-0 per tonne. Some traders said that China’s Xinjiang region would cut the production of aluminium, an energy intensive industry, as the country strived to curb pollution. However, there has been no confirmation of such event until now. In Chongqing, A00 aluminium ingot price has soared by RMB 350 per tonne to come in at RMB 17,760 per tonne, followed by the surge of RMB 300 per tonne and RMB...
LME aluminium price closed US$24/t higher at US$2278/t; SHFE price soared by US$75/t to US$2736/t
Three-month LME aluminium settled 1.65 per cent higher at US$ 2304.50 per tonne on Tuesday, April 13, and is likely to range between US$ 2270-2320 per tonne today. LME aluminium cash (bid) price and LME official settle price surged by US$ 24 per tonne to close at US$ 2278 per tonne on Tuesday, April 13, marking the second consecutive day of hike. 3-months bid price and 3-months offer price stood at US$ 2293 per tonne, up by US$ 25.50 per tonne from US$ 2267.50 per tonne on April 12. Dec 22 bid price and Dec 22 offer price also grew by US$ 18 per tonne to come in at US$ 2326 per tonne as of April 13. The LME aluminium opening stock continued to fall from 1847600 tonnes to 1841575 tonnes. Live Warrants totalled 1336850 tonnes, while Cancelled Warrants stood at 504725 tonnes. LME aluminium...
En+ Group recently produces the world’s highest purity aluminium with lowest carbon footprint
The metals segment of En+ Group, the world’s largest low-carbon aluminium and independent hydropower producer, has recently produced aluminium with the industry’s lowest carbon footprint. Carbon generated during smelting per tonne of metal was less than 0.01 tonnes. So, the purity of the aluminium produced was higher than 99 per cent. The lowest-carbon aluminium was produced at En+ Group’s experimental industrial site of the new-generation inert anode electrolysers, located at the Krasnoyarsk Aluminium Plant (KrAZ). The capacity of the electrolysers is to produce about 1 tonne of aluminium per day at a current of 140,000 A. According to Lord Barker of Battle, Executive Chairman of En+, this achievement represents a significant step towards the goal of net-zero carbon by 2050 and reducing...
Dudley’s Aluminium strengthens its senior management team for business growth, promotes five staff to Director-level positions
Cardiff-based aluminium fabricator Dudley’s Aluminium has promoted its five senior staff to director-level positions for strengthening the management team further. Selected by the company’s Board of Directors, Neil Andrews and Simon Hoggett are the new Estimating Director and Sales Director, respectively. Neil will manage a team of three estimators and review all tender enquiries to ensure that complaints and competitive bids are submitted for new projects. The team will liaise closely with Sales Director Simon, who has 30 years of experience in sales within the aluminium curtain walling and window industry. Simon, the new Sales Director, will support the development of existing and new client projects and the overall company growth. Neil Andrews said: “Having worked with Dudley’s for...
Alba achieves 10 million safe working-hours without LTI; the company on course to become the world’s safest smelter
Aluminium Bahrain B.S.C. (Alba), the largest smelter in the world ex-China, is progressing towards becoming the world’s safest aluminium smelter by achieving 10 million safe working-hours without Lost Time Injuries (LTI), according to a report on Monday, April 12, 2021. Commenting on this achievement, Alba’s Chief Executive Officer Ali Al Baqali said: “Achieving 10 million safe working-hours without LTI is no coincidence, when collectively as a team we do the Right Choice. Safety is not an act, but rather a lifestyle for Alba employees and contractors’ workforce. Taking Ownership of Safety is key to our success today and emphasizes Alba’s objective of maintaining a zero-accident work environment within the Company.” Alba recently held a campaign called ‘the Right Choice’ during April...
A00 aluminium ingot price in China closes RMB90/t higher at RMB17470/t amid muted input costs: SMM
A00 aluminium ingot price in China has climbed by RMB 90 per tonne to close at RMB 17,470 per tonne on Tuesday, April 13, following the two consecutive days of decline, learned the Shanghai Metals Market. The average prices are expected to range between RMB 17,450 per tonne and RMB 17,490 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne. In Linyi, A00 aluminium ingot price has surged by RMB 120 per tonne to RMB 17,490 per tonne, followed by the hike of RMB 110 per tonne to RMB 17,530 per tonne as of April 13. In Shenyang, primary aluminium ingot price has increased by RMB 105 per tonne to RMB 17,475 per tonne, while the price in Wuxi and Hangzhou has grown by RMB 95 per tonne and RMB 90 per tonne to RMB 17,485 per tonne and RMB 17,500 per tonne,...
LME aluminium price rose US$4/t to stand at US$2254/t; SHFE gained US$10/t to US$2261/t
Three-month LME aluminium edged down 0.09 per cent to settle at US$ 2267 per tonne on Monday and is expected to move between US$ 2250-2280 per tonne today. LME aluminium cash (bid) price and LME official settlement price increased by US$ 4 per tonne to come in at US$ 2254 per tonne as of Monday, April 12, following a plunge to US$ 2250 per tonne on Friday, April 9. 3-months bid price and 3-months offer price rose marginally from US$ 2267.50 per tonne to US$ 2268.50 per tonne. Dec 22 bid price and Dec 22 offer price, however, decreased to return to US$ 2308 per tonne as of April 12. The LME aluminium opening stock decreased from 1854250 tonnes to 1847600 tonnes. Live Warrants totalled 1337125 tonnes, while Cancelled Warrants stood at 510475 tonnes. LME aluminium 3-months Asian Reference...
Alcore produces aluminium fluoride samples from dross; Eyes at building first commercial processing plant next year
Alcore Limited, 87 per cent-owned chemical refining subsidiary of ASX-listed Australian Bauxite, has reportedly produced aluminium fluoride samples from aluminium smelter waste known as dross in its recent test work by using proprietary technology. The company hopes to become the first domestic supplier of aluminium fluoride, an essential raw material in aluminium smelting. According to the report, Alcore has developed a two-stage process to produce aluminium fluoride from a combination of dross and aluminium hydroxide. Incorporating dross into the mix, Alcore estimates the average base-line operating costs of aluminium fluoride production to decrease from A$1,080 per tonne to A$800 per tonne. Alcore says Australian aluminium smelters rely primarily on imported aluminium fluoride. In the...
US aluminium crude metal and alloys exports to Mexico stand 43% higher Y-o-Y to 8,470 tonnes in Jan'2021
The United States aluminium crude metal and alloys exports to Mexico started the year in January 2021 with a marginal rise of 200 tonnes month-on-month to 8,470 tonnes, found the US Geological Survey data. In December 2020, the US aluminium crude metal and alloys exports to Mexico stood at 8,270 tonnes, down by 2,030 tonnes or 19.71 per cent from 10,300 tonnes in November 2020. On a year-on-year calculation, the United States aluminium crude metal and alloys exports to Mexico stood 2,560 tonnes or 43.32 per cent higher than 5,910 tonnes. In January 2021, the United States total aluminium crude metal and alloys exports amounted to 15,700 tonnes, up by 1,300 tonnes or 9.03 per cent from 14,400 tonnes in December 2020. On year-on-year basis, however, the exports stood down by 900 tonnes or...
A00 aluminium ingot price shrinks by RMB110/t to RMB17380/t; Aluminium fluoride price declines to RMB8300/t
A00 aluminium ingot price in China has opened the week on Monday, April 12, with a decline of RMB 110 per tonne to RMB 17,380 per tonne, following two consecutive hikes last week from RMB 17,390 per tonne to RMB 17,490 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 17,360 per tonne and RMB 17,400 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne. In Linyi, Tianjin, and Shenyang, A00 aluminium ingot price is standing at RMB 17,370 per tonne, registering downfalls by RMB 130 per tonne, RMB 110 per tonne, and RMB 105 per tonne, respectively. In Hangzhou, primary aluminium ingot price has plunged by RMB 115 per tonne to RMB 17,410 per tonne, while the price in Wuxi and Chongqing has declined by RMB 110 per...
LME aluminium price slipped by US$17.50/t to close at US$2250/t; SHFE price settled lower at US$2651/t
Three-month LME aluminium slid 0.72 per cent to settle at US$ 2269 per tonne last Friday, and is expected to move between US$ 2245-2280 per tonne today. LME aluminium cash (bid) price and LME official settlement price plunged by US$ 17.50 per tonne or 0.78 per cent to stand at US$ 2250 per tonne as of Friday, April 9, following a hike from US$ 2239.50 per tonne to US$ 2267.50 per tonne on the previous day. 3-months bid price and 3-months offer price decreased by US$ 12.50 per tonne from US$ 2280 per tonne to US$ 2267.50. Dec 22 bid price and Dec 22 offer price also inched down to clock at US$ 2308 per tonne on April 9 compared to US$ 2314 per tonne on April 8. The LME aluminium opening stock decreased from 1860850 tonnes to 1854250 tonnes. Live Warrants totalled 1337125 tonnes, while...
NALCO sharply increases its aluminium ingot price by more than INR6500/t with effect from April 9
National Aluminium Company Limited (NALCO) has sharply raised its aluminium ingot and aluminium product prices with effect from Friday, April 9, following a cut more than a week ago on April 1. NALCO’s aluminium ingot price has come in at INR 194,250-197,750 per tonne, reflecting an increase of INR 6,600 per tonne from INR 187,650-191,150 per tonne. Aluminium wire rod price has also witnessed a surge of INR 6,600 per tonne with effect from April 9 from INR 191,150-195,500 per tonne to INR 197,750-202,100 per tonne. NALCO’s aluminium billets price has also been raised by INR 6,600 per tonne from INR 191,100-193,750 per tonne to INR 197700-200,350 per tonne. NALCO, like any other Indian aluminium producer, links its aluminium ingot and aluminium products prices to the three-month futures of...
China's primary aluminium production in March declines 11% M-o-M but records a growth of 10% on year
According to the recent data revealed by the Shanghai Metals Market, China’s primary aluminium production improved 10.2 per cent year-on-year to 3.35 million tonnes in March 2021 (31 production days). However, on a month-on-month basis, the production stood 10.93 per cent down from 3.02 million tonnes. Daily output rose 200 tonnes from February to 107,900 tonnes in March. The proportion of aluminium water came in at 63.2 per cent, up 3.9 percentage points month-on-month. Seven aluminium plants in Inner Mongolia conducted maintenance or reduced output in March due to local energy consumption restrictions, involving about 310,000 tonnes of annual capacity. Meanwhile, several plants in south-west China continued to raise operating capacity in the same month. As of early April, there were...
China’s metallurgical-grade alumina production reflects a hike of 7.12% Y-o-Y to 17.32MT during Q1 2021
Shanghai Metals Market data found a month-on-month surge of 7.17 per cent in China’s March alumina output to 6.28 million tonnes, following the two consecutive months of decline in January and February. In February 2021, China’s alumina production stood at 5.90 million tonnes, reflecting a decrease of 0.68 per cent month-on-month. The alumina output in March included 6.07 million tonnes of metallurgical-grade alumina, up by 7.43 per cent from 5.65 million tonnes in February 2021. This brings China's total metallurgical-grade alumina production during January-March 2021 to 17.32 million tonnes - 7.12 per cent higher than in the same period last year. However, daily alumina production in March inched down by 2.89 per cent month-on-month to 195,900 tonnes. In February, on the other hand,...
