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 to replace hydraulic units at Bratsk HPP to reduce greenhouse gas emissions by 2.3 MTPA
En+ Group, the world’s leading producer of low-carbon aluminium and largest private sector generator of hydropower, announced that it again indulged in a large-scale “New Energy" modernisation programme by replacing six hydraulic units at the Group’s Bratsk HPP. The replacement works, to be taken...
China's primary aluminium inventories extend week-on-week growth by 181,000 tonnes to 1.082MT
Social inventories of primary aluminium in China have continued to grow this week, ending on Thursday, February 25, according to the Shanghai Metals Market. Data shows inventories have expanded across eight major Chinese consumption areas, including SHFE warrants, to come in at 1.082 million...
US aluminium scrap exports to Malaysia stand flat M-o-M in November 2020 but reflect a hike of 6.75% on year
The United States aluminium scrap exports to Malaysia in November 2020 stood almost flat month-on-month at 44,300 tonnes, found the US Geological Survey. In October, the US scrap exports to Malaysia came in at 44,800 tonnes, registering a surge of 7,200 tonnes or 19.15 per cent from 37,600 tonnes...
LME aluminium price closed 0.42% higher at US$2145.50/t; SHFE price soared by US$104/t to US$2700/t
Three-month LME aluminium jumped 2.27 per cent to settle at US$ 2203 per tonne on Wednesday, with open interest adding 2,677 lots to 700,000 lots. It is likely to fluctuate between US$ 2000-2200 per tonne today. LME aluminium cash (bid) price and LME official settlement price increased by US$ 9 per...
North America’s primary aluminium production reflects 3% growth YoY in Jan’2021; Output in South America lowers 3,000 tonnes
In January 2021, primary aluminium production in North America stood at 340,000 tonnes, reflecting a continuous increase by 2,000 tonnes or 0.60 per cent month-on-month. In December 2020, the output registered a growth of 10,000 tonnes or 3.05 per cent to 338,000 tonnes from 328,000 tonnes in...
Ardagh chairman looks forward to expand aluminium can business with its new New-York listed entity
Paul Richard Coulson, the largest shareholder and chairman of Ardagh Group, is reportedly shifting his attention to aluminium cans with the creation of a New York-listed Ardagh Metal Packaging (AMP). Aluminium cans are high in demand and easier and cheaper to recycle than glass packaging, which...
Arconic earns 3% higher revenue in Q4 FY2020 despite decline in aluminium sales amid COVID-19
Arconic Corporation, an American industrial company specializing in lightweight metals engineering and manufacturing, announced its performance and financial results on February 23, 2021, revealing a 14 per cent year-on-year decline in aluminium sales to US$ 1.5 billion in the fourth quarter of...
China’s alumina spot price shrinks by RMB18/t to RMB2344/t; A00 aluminium ingot price stands at RMB16740/t
The average alumina spot price in China has slipped by RMB 18 per tonne to stand at RMB 2,344 per tonne on Wednesday, February 24, after two consecutive days of restraint at RMB 2,362 per tonne on February 22 and 23, found the Shanghai Metals Market. SMM data shows the alumina spot price in...
NanoAl to bring its advanced aluminium alloy powders to Asia Market in partnership with Mitsubishi Corporation
According to a recent report, NanoAL, LLC, the US-based materials research and technology company, has entered a Commercial License Agreement with Mitsubishi Corporation RtM Japan Ltd. (RtMJ) to bring its award-winning Addalloy® family of advanced aluminium alloy powders to the Metal Additive...
Primary aluminium production in East & Central Europe grows marginally M-o-M in January 2021
In East & Central Europe, primary aluminium production stood at 353,000 tonnes in January 2021, registering a slight rise of 1,000 tonnes or 0.28 per cent month-on-month. Primary aluminium output in December grew 12,000 tonnes or 3.53 per cent from 340,000 tonnes in November 2020. In the last...
China's primary aluminium inventories witness an expansion of 121,000 tonnes to stand above 1 million tonnes
On Monday, February 22, social inventories of primary aluminium expanded by 121,000 tonnes across eight major consumption areas in China, including SHFE warrants, found the Shanghai Metals Market. SMM data showed inventories stood at 1.022 million tonnes on February 22 compared to 901,000 tonnes on...
ASI certifies Jiangsu Zhongji Lamination Materials Co., Ltd.’s aluminium casting and cold rolling facility
Aluminium Stewardship Initiative announced on Tuesday, February 23, that it certified Jiangsu Zhongji Lamination Materials Co., Ltd. against Performance Standard Certification for material conversion activities at the Anhui Maximum Aluminium Industries Co. Ltd. plant in Anhui Province, China. The...
LME aluminium price edged nearly 1% higher to US$2153.50/t; SHFE price rose to US$2598/t
Three-month LME aluminium gained 1.83 per cent to settle at US$ 2,175 per tonne on Monday, with open interest adding 4,910 lots to 694,000 lots. LME aluminium cash (bid) price and LME official settlement price grew by US$ 18.50 per tonne on Monday, February 22 to reach at US$ 2153.50 per tonne,...
World primary aluminium production grows 4% Y-o-Y to 5.707MT in January 2021; Output in China stands flat M-o-M
World primary aluminium production began the year 2021 with a slight rise of 0.23 per cent month-on-month to 5.707 million tonnes in January. On a year-on-year calculation, the output stood higher by 4.29 per cent from 5.472 million tonnes. In December 2020, world primary aluminium production stood...
Ball Corporation, Molson Coors relying on additional aluminium cans production & sourcing to combat supply shortage
The on-going shortage of aluminium cans due to the COVID-19 pandemic is likely to prevail and constrain beverage makers, according to Ball Corporation President Daniel Fisher. He projects the demand for aluminium cans will outstrip supply well into 2023. Ball CEO John Hayes has warned the beverage...
US aluminium crude metals and alloys imports from Canada stand 3.09% lower Y-o-Y to 157,000 tonnes
The United States aluminium crude metals and alloys imports from Canada stood flat at 157,000 tonnes in November 2020 compared to the imports of 158,000 tonnes in the previous month, according to the US Geological Survey. However, the United States aluminium semis imports in October grew by 7,000...
China’s A00 aluminium ingot price soars by RMB300/t to stand above RMB16,500/t: SMM
According to the Shanghai Metals Market, A00 aluminium ingot price has continued to surge by RMB 300 per tonne on Monday, February 21, to stand at RMB 16,730 per tonne, the highest since the beginning of 2021. The average price are expected to range between RMB 16,710 per tonne and RMB 16,750 per...
LME aluminium price surged by US$56/t during February 15-19; SHFE opened the market after CNY holiday at US$2527/t
Benchmark aluminium price on the London Metal Exchange increased by 2.69 per cent throughout the week during February 15-19, 2021. Both LME aluminium cash (bid) price and LME official settlement price recorded a surge during February 15-19 from US$ 2079 per tonne to US$ 2135 per tonne – an increase...
