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.
NALCO elevates its aluminium ingot price by INR1400/t with effect from January 28
National Aluminium Company Limited (NALCO) has raised its aluminium ingot and aluminium products prices with effect from Thursday, January 28, after two consecutive weeks of decline. With the latest hike, NALCO’s aluminium ingot price has come in at INR 169,250-172,750 per tonne versus INR...
“AlCircle Expo 2021” Coming Soon! Are you ready to participate?
With advent of the New Year 2021, AlCircle has started gearing up for its second virtual event - “ AlCircle Expo 2021 ”. Thanks to our viewers kind support, enormous encouragement, and inspiring feedback that we have planned an online expo yet again. This time it’s going to be Bigger, Better, and...
A00 aluminium ingot price gains RMB100/t after three consecutive days of decline; Input costs remain muted
A00 aluminium ingot price has recorded a hike of RMB 100 per tonne to close the week on Friday, January 29, at RMB 14,970 per tonne, after declining in the past three days in a row from RMB 15,030 per tonne to RMB 14,870 per tonne, found Shanghai Metals Market. The average prices are expected to...
Primary aluminium inventories gain 13,000 tonnes this week to stand at 682,000 tonnes
According to Shanghai Metals Market, social inventories of primary aluminium have gained 13,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows the stocks this week, ending on Thursday, January 28, have come in at 682,000 tonnes compared to...
Japan’s aluminium extruded and rolled products output declines by 10% in 2020 on slower demand
Slowdown in demand due to the global manufacturing downturn amid the COVID-19 pandemic has resulted in a decline in Japan’s aluminium products output for 2020, found the Japan Aluminium Association. Data shows production of rolled and extruded aluminium products decreased by 10 per cent from a year...
Constellium & Novelis jointly form non-profit organisation to advance aluminium auto body sheet application
On Wednesday, January 27, global aluminium rolled products manufacturer Constellium and American industrial aluminium company Novelis announced the launch of Alumobility, a non-profit organisation to provide innovative, implementation-ready solutions for advancing the adoption of aluminium...
LME aluminium price recorded a plunge of US$21.5/t to settle at US$2003.5/t; SHFE price decreased to US$2289/t
Three-month LME aluminium lost 1.75 per cent to close at US$ 1,987.50 per tonne on Wednesday, January 27, with open interest falling to 739,000 lots. It is expected to trade between US$ 1,970-2,010 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased to US$...
Glencore joins Aluminium Stewardship Initiative as new Production & Transformation member
Aluminium Stewardship Initiative has welcomed Glencore as a new Production & Transformation member, bringing the total number of ASI members to 154. Glencore is world’s one of the largest global diversified natural resource companies, a major producer, and a marketer of more than 60...
UK aluminium industry to witness production shortfall and plant closures if flat rate deposit return scheme is adopted
The prosperous aluminium industry in the United Kingdom may see a shortfall in annual production by about 4.7 billion units and also the plant closures if a flat rate deposit return scheme (DRS) is adopted, according to Aluminium Packaging Recycling Organisation’s (Alupro) analysis on the...
Hindalco increases its aluminium ingot price to nearly INR170,000/t in line with LME aluminium price surge
Hindalco Industries Limited expanded its aluminium ingot and aluminium products prices for the second time in a row, with effect from Tuesday, January 26. Hindalco’s aluminium ingot price is currently standing at INR 169,750 per tonne, up by INR 2,250 per tonne from INR 167,500 per tonne on January...
Alumina production in East & Central Europe sees a hike of 7.5% Q-o-Q in Q4 2020, but declines in West Europe by 1.2%
Alumina production in East & Central Europe improved 14,000 tonnes or 3.48 per cent month-on-month in December 2020 to 416,000 tonnes. The output in November was down by 10,000 tonnes or 2.43 per cent from 412,000 tonnes in October to 402,000 tonnes. Total production in the fourth quarter came in...
Africa’s primary aluminium production rebounds to 135,000 tonnes in Dec'20; Output in Q4 stands marginally down Q-o-Q
According to the International Aluminium Institute, primary aluminium production in Africa rebounded to 135,000 tonnes in December 2020, following a decline in the previous month. On a month-on-month calculation, Africa’s primary aluminium production grew in December by 6,000 tonnes or 4.65 per...
Ball Corporation to build new aluminium can plant worth €170 million in Czech Republic
Ball Corporation has reportedly announced that it plans to begin construction of a new production facility of aluminium cans at Pilsen Digital Park by mid-2021. The facility worth €170 million will ramp-up Ball’s output in Czech Republic to meet the growing demand from consumers who want...
China’s alumina spot price settles higher for the fourth consecutive day at RMB2403/t; A00 aluminium ingot price extends downfall
Extending hike for the fourth day in a row by RMB 5 per tonne, the average alumina spot price in China is standing at RMB 2,403 per tonne on Wednesday, January 27, according to Shanghai Metals Market data. All the major Chinese markets have also witnessed the growth of RMB 5 per tonne. In Shandong,...
Vedanta further raises aluminium ingot price by INR2,250/t in response to LME aluminium price hike over the weekend
Vedanta Limited has expanded its aluminium ingot and aluminium products prices for the second consecutive time, with effect from Tuesday, January 26. The company has raised its aluminium ingot price to INR 169,500-182,500 per tonne from INR 167,250-180,250 per tonne on January 21. This records an...
Electric vehicle sales to give a tough fight to gas guzzlers in India; Former to outperform by 2030: Mahindra & Mahindra
Mahindra & Mahindra Limited, one of the biggest automakers in India, projects electric-vehicle sales to outperform gas guzzlers as prices become more aligned and infrastructure and technology improve. The company expects this to happen with help from the Government. Mahindra Deputy Managing...
Alumina spot price in China expands for the third day to clock at RMB2,398/t; A00 aluminium ingot price losses RMB70/t
The average alumina spot price in China has recorded growth for the third consecutive day to stand at RMB 2,398 per tonne on Tuesday, January 26, according to Shanghai Metals Market. In Guizhou and Guangxi, alumina price is hovering around RMB 2,360 per tonne, registering a hike of RMB 10 per tonne...
LME aluminium price rebounded to US$2011.50/t amid continued decrease in opening stock; SHFE price down by US$11/t
Three-month LME aluminium rose 1.28 per cent to close at US$ 2,020 per tonne on Monday, January 25, with open interest rising to 740,000 lots. Schumer, the leader of the Senate Majority Party, said that he would strive to launch a round of programs by mid-March at the latest, and the US$ 1.9...
