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.
ASI certifies Spanish aluminium can beverage packaging company against Performance & CoC Standard
S.A. Damm, a leading aluminium can beverage packaging company in Spain, has reportedly received ASI certifications against Performance Standard and Chain of Custody Standard. Damm is the first beverage company in the world to achieve double certifications, which cover packaging and storage of beer...
A00 aluminium ingot price builds-up RMB120/t to stand at RMB17200/t; Aluminium alloy(A356) price settles at RMB17900/t
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a hike of RMB 120 per tonne to stand at RMB 17,200 per tonne on Thursday, March 25, following two consecutive days of decline from RMB 17,540 per tonne to RMB 17,080 per tonne. The average prices are expected to range...
LME aluminium price edged US$15.50/t higher to settle at US$2220.50/t; SHFE price grew to US$2634/t
Three-month LME aluminium rose 1.54 per cent to close at US$ 2,248 per tonne on Wednesday. It is expected that the contract will trade between US$ 2,230-2,260 per tonne today. LME aluminium cash (bid) price and LME official settlement price grew by US$ 15.50 per tonne on Wednesday, March 24, to...
China’s aluminium bars and extrusions exports rise 35.9% YoY to 153,200 tonnes during Jan-Feb 2021
China Customs data found the country’s aluminium bars and extrusions exports during January-February 2021 stood at 153,200 tonnes, reflecting a year-on-year rise of 40,500 tonnes or 35.9 per cent from 112,700 tonnes. Exports in January were at 93,800 tonnes, which in February decreased by 34,400...
Chalco posts lowest annual profit in last four years in 2020; primary aluminium output declines 2.6% to 3.69MT
Aluminium Corporation of China Limited, popularly known as Chalco, posted the lowest annual profit in the last four years in 2020. It said in a filing that its net income fell 13.1 per cent year-on-year to RMB 741 million in 2020. The company's revenues stood down by 2.2 per cent to RMB 186 billion...
Hindalco Industries further expands aluminium wire rod price by INR3750/t with effect from March 23
Hindalco Industries Limited further expanded its aluminium products and aluminium ingot prices with effect from Tuesday, March 23. With the latest hike, Hindalco’s aluminium wire rod price is standing above INR 200,000 per tonne. It was increased by INR 3,750 per tonne on March 23 to INR 200,350...
China’s A00 aluminium ingot price shrinks for the second day in a row to RMB17080/t amid muted input costs: SMM
A00 aluminium ingot price in China has continued to decline on Wednesday, March 24, to stand at RMB 17,080 per tonne, marking the second consecutive day of fall after a hike over the weekend on Monday, March 22. According to SMM, the average prices today are expected to range between RMB 17,060 per...
LME aluminium price shrank to US$2205/t after a surge over the weekend; SHFE price declined to US$2619/t
Three-month LME aluminium fell 2.64 per cent to close at US$ 2214 per tonne on Tuesday. It is expected to trade between US$ 2,200-2,230 per tonne today. LME aluminium cash (bid) price and LME official settlement price shrank by US$ 49 per tonne to come in at US$ 2205 per tonne on Tuesday, March 23,...
World primary aluminium production sees M-o-M fall of 8.83% to 5.203MT in February 2021; Y-o-Y output grows 1.25%
In February 2021, world primary aluminium production plunged by 8.83 per cent month-on-month to stand at 5.203 million tonnes, bringing the total output in the first two months of the year to 10.930 million tonnes, found the International Aluminium Institute. In January 2021, world primary...
China Hongqiao Group to release carbon reduction plans this year; aims at becoming carbon neutral by 2060
China Hongqiao Group will publish this year its lower carbon emission target along with the action plan on how to achieve it, according to a report last week after the world’s largest private-sector aluminium producer’s chairman Zhang Bo revealed at the China Development Forum that the firm would...
Vedanta Aluminium bags three Kalinga Safety Excellence Awards for success in safe operation
According to a recent report, Vedanta Aluminium, India’s largest producer of aluminium and value-added products, has won three Kalinga Safety Excellence Awards for the performance year 2019 at Odisha State Safety Conclave 2020. Vedanta’s Jharsuguda unit has bagged the coveted Gold Award for safe...
LME aluminium price decreased for the second day in a row to US$2188/t; SHFE price rose 1.5% to US$2707/t
Three-month LME aluminium rose 2.82 per cent to close at US$ 2,277.50 per tonne on Friday. It is expected to fluctuate between US$ 2,190-2,220 per tonne today. LME aluminium stocks increased nearly 70,000 tonnes to 1.97 million tonnes. The contract is expected to fluctuate at US$ 2,200-2,270 per...
NALCO’s aluminium ingot price gains INR1500/t with effect from March 20, 2021
National Aluminium Company Limited has raised its aluminium ingot and aluminium products prices after reducing them by INR 3,400 per tonne about three weeks ago. With effect from Saturday, March 20, NALCO’s aluminium ingot price has come in at INR 183,350-186,850 per tonne, up by INR 1,500 per...
Gränges AB reports higher rolled aluminium sales volume to 350.6 kilo tonnes in 2020; Carbon emissions reduce 8%
Swedish rolled aluminium firm Gränges AB has reported its full-year results for 2020, saying that it has been a challenging yet productive year in many ways. The company’s sales volume increased, although marginally by 0.9 per cent, to 350.6 kilo tonnes versus 347.3 kilo tonnes in 2019. Gränges...
LME aluminium price grew this week but range-bound to US$2188/t; SHFE price plunged to US$2667/t
Three-month LME aluminium edged 2.23 per cent higher on Monday, March 15, to close at US$ 2220 per tonne but fell the next day, March 16, by 1.1 per cent to come in at US$ 2195 per tonne, with open interest rising to 744,000 lots. On Wednesday, the price again rose to 1.66 per cent to US$ 2232 per...
CANtastic during COVID-19: CCL Label rolls out new type of aluminium can packaging with Sleeve & Label composition
CCL Label has reportedly launched CANtastic – a new type of aluminium can packaging, which comes with specially-designed Sleeve & Label composition that fully covers the top of the can for hygienic drinking experience. During the present COVID crisis, when packaging plays an important role in...
Therese Rød Holm to join Hydro as Head of Communication and Public Affairs, replacing Inger Sethov
Norwegian aluminium and renewable energy company Hydro has reportedly appointed Therese Rød Holm as Head of Communication and Public Affairs. Holm will replace Inger Sethov with effect from May 1, as the latter will resign from Hydro to pursue new opportunities. Holm, in her new position as Head of...
Rusal reports a 6% decline in primary aluminium and alloys sales for FY2020, but a hike in VAP sales by 11%
Rusal’s primary aluminium and alloys sales in 2020 ended on December 31 stood at 3.926 million tonnes, reflecting a downfall of 5.99 per cent from 4.176 million tonnes a year ago. In the first half of the year ended on June 30, the sales hovered around 1.890 million tonnes, which improved by 7.7...
