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.
En+ Group Director Alexey Spirin joins ASI Board for two years term of office
Director of En+ Group’s Environmental and Climate Risk Management Department, Alexey Spirin, has joined the Board of the Aluminium Stewardship Initiative (ASI). According to the report, Mr Spirin has succeeded Tolga Egrilmeizer, Vice President of Sales & Marketing at Rio Tinto Aluminium, for two...
Aluminium Façade Systems welcomes Hilary Flynn as its new Business Development Manager for Queensland
Aluminium Façade Systems has appointed Brisbane-resident Hilary Flynn as the new Business Development Manager for Queensland. Flynn brings in a wealth of knowledge for her nine years of experience in the construction industry, which also includes four years of experience in facades. Flynn came into...
Karnataka aims at becoming electric vehicle (EV) manufacturing hub; ready to lend support to US-based Triton Electric
Karnataka state in southern India has assured to lend all its support to the US-based Triton Electric for manufacturing electric vehicles (EVs), including cars, in the state. The news came after an official familiar with the matter said in a statement on Monday, April 5, "In a virtual meeting,...
A00 aluminium ingot price in China stands above RMB17500/t post Qingming Festival; Aluminium Fluoride price declines by RMB100/t
A00 aluminium ingot price in China has witnessed a rise of RMB 80 per tonne to settle at RMB 17,510 per tonne as of Tuesday, April 6, marking the third consecutive hike since April 1, found the Shanghai Metals Market. Data shows the average prices are expected to range between RMB 17,490 per tonne...
US aluminium scrap exports to Hong Kong jumped 81.25% in January 2021
According to the US Geological Survey, the United States’ aluminium scrap exports to Hong Kong jumped by 9,100 tonnes or 81.25 per cent in January 2021 to stand at 20,300 tonnes. In December 2020, the exports stood at 11,200 tonnes, which also surged month-on-month by 4,930 tonnes or 78.63 per cent...
Press Metal Aluminium’s subsidiary smelting plant caught fire in the weekend
On Monday, April 5, Press Metal Aluminium Holdings Bhd informed about the fire accident, which occurred on Saturday, April 3, at its 80%-owned subsidiary Press Metal Bintulu Sdn Bhd's (PM Bintulu) smelting plant within the Samalaju Industrial Park. However, the cause of the fire has not been...
JNARDDC invents a technology to extract Rare Earth Elements from Red Mud under Atmanirbhar Bharat Mission
Under Atmanirbhar Bharat Mission, city-based institute Jawaharlal Nehru Aluminium Research Development Design Centre (JNARDDC) has innovated a distinct technology to extract Rare Earth Elements (REE) from aluminium waste (Red Mud), in an attempt to reduce India's import dependence on China for REE....
NALCO reduces its aluminium ingot price by INR1000/t on April 1 after two consecutive weeks of hike
National Aluminium Company Limited (NALCO) has reduced its aluminium ingot and aluminium products prices with effect from Thursday, April 1, following a sharp rise of INR 5,000 per tonne last week on March 27. The company has decreased its aluminium ingot price by only INR 1,000 per tonne this week...
LME aluminium price slowed down this week to US$2212.50/t; SHFE price closed marginally higher at US$2667/t
Three-month LME aluminium showed restraint on Monday at US$ 2,273.50 per tonne but fell the next day, on March 30, to US$ 2227.50 per tonne. On Wednesday, March 31, the price dropped further by 0.67 per cent to settle at US$ 2,212.50 per tonne; however, it rose on Thursday, April 1, by 0.79 per...
Rusal America to set up its new aluminium AM powder business at Pittsburgh Tech Centre
Rusal America is reportedly eyeing the additive manufacturing (AM) centre Neighborhood 91 at Pittsburgh International Airport Innovation Campus for its new aluminium AM powder business. The firm declared its move into the aluminium additive manufacturing powder segment in January 2021. The...
Primary aluminium inventories increase by 8,000 tonnes on April 1 to stand at 1.25MT
According to the Shanghai Metals Market, social inventories of primary aluminium rose 8,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at 1.251 million tonnes as of Thursday, April 1. Last week, on March 25, inventories stood at 1.243 million tonnes...
LME aluminium price showed restraint at US$2212.50/t; SHFE price gained US$41/t to US$2667/t
Three-month LME aluminium settled 0.79 per cent higher at US$ 2,230 per tonne on Thursday, with open interest decreasing 7,546 lots to 712,000 lots. It is expected to move between US$ 2,220-2,250 per tonne today. As of Thursday, April 1, both LME aluminium cash (bid) price and LME official...
China Railway Seventh Group visits Lindian Resources’ bauxite assets to inspect project sites for infrastructure development
China Railway Seventh Group, a major Chinese construction conglomerate, reportedly paid a visit to Lindian Resources’ bauxite assets in Guinea, West Africa, to inspect project sites and associated existing infrastructure as part of the memorandum of understanding signed earlier this year. China...
Vedanta cuts aluminium wire rod and billet prices by INR1500/t with effect from March 31
Vedanta Limited has reduced its aluminium products and aluminium ingot prices with effect from March 31, following a raise on March 27. Vedanta’s aluminium wire rod price has come in at INR 194,000-201,500 per tonne, down by INR 1,500 per tonne or 0.77 per cent from INR 195,500-203,000 tonnes on...
Prebaked anode price in China grows by RMB290/t after a month-long restraint; A00 aluminium ingot price climbs to RMB17260/t
After a month-long restraint at RMB 3902.50 per tonne, prebaked anode price in east China has surged by RMB 290 per tonne on April 1, 2021, to clock at RMB 4,192.50 per tonne. The average prices are expected to range between RMB 3,885 per tonne and RMB 4,500 per tonne. In central China, prebaked...
Japan’s Q2 2021 aluminium premiums stand 6-years high at $148-$149/t
According to a recent report, the Q2 2021 premiums for aluminium shipments to Japanese buyers are set at $148-$149 per tonne, which reflect a hike of 14-15 per cent from the March quarter. In Q1 ending on March 31, 2021, the premiums were agreed at $139-$140, an increase of 57-59 per cent from the...
European Union imposes up to 31.2% anti-dumping duties on Chinese aluminium extrusions
The European Union has reportedly imposed duties on Chinese aluminium products after determining the materials being sold at unfairly low prices. The news came on Tuesday, March 30, after the EU official journal announced that duties to be imposed on Chinese aluminium extrusions in the form of...
Alumina production in North America stands at 308,000 tonnes in Feb'21; Output in South America amounts to 86,000 tonnes
North America's alumina production in February 2021 reflected a month-on-month decline of 32,000 tonnes or 9.41 per cent, found the International Aluminium Institute. From 340,000 tonnes in January 2021, the output decreased to 308,000 tonnes in February, showed the IAI data. North America's...
