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.
Chinese secondary aluminium producers operating rates increase for the second consecutive month in December 2020 to 62.65%
According to Shanghai Metals Market data, secondary aluminium producers operating rates in China increased slightly by 0.23 percentage point month-on-month to stand at 62.65 per cent in December 2020. This marks the second consecutive month of rising in secondary aluminium operating rates as they...
Hydro’s Magnor extrusion plant becomes the first aluminium extruder in Norway to achieve ASI certification
Aluminium Stewardship Initiative has certified Hydro’s aluminium extrusion plant in Magnor against its Performance Standard, recognising the plant’s responsible production, sourcing, and stewardship of aluminium. The certification covers the site’s production of aluminium solutions, including...
China’s aluminium imports report record-high at 2.7MT in 2020; Imports in December surge 147.3% on year
China, the world’s biggest aluminium producer, imported 265,569 tonnes of unwrought aluminium and aluminium products in December, the highest since September 2020, found the General Administration of Customs data. The import volume in December was up by 40.43 per cent month-on-month from 188,973...
Vedanta further cuts aluminium ingot price by INR2250/t in line with LME aluminium price drop below US$2000/t
Vedanta Limited has further reduced its aluminium ingot and products prices for the second time in a row with effect from Tuesday, January 19. The company is currently selling its aluminium ingot at INR 167,750-180,750 per tonne, down by INR 2,250 per tonne or 1.32 per cent from INR 170,000-183,000...
Rio Tinto’s bauxite production in 2020 improves 2% Y-o-Y on capacity ramp-up at CBG mine; Aluminium output stands flat
Rio Tinto, the world's second-largest metals and mining corporation, has reported its full-year and the fourth quarter production results of 2020, revealing that bauxite output in Q4 2020 stood at 13.3 million tonnes. That was up by 12 per cent per cent quarter-on-quarter. Full-year production was...
China’s 2020 aluminium production records 4.9% growth to 37.08MT, with December output at all-time high
According to the latest data revealed by the National Bureau of Statistics (NBS), China’s aluminium production in 2020 increased by 4.9 per cent year-on-year to stand at 37.08 million tonnes, attributing to capacity ramp-up by smelters to cash in on soaring prices. Output in December stood all-time...
A00 aluminium ingot price comes below RMB15000/t on January 19; Aluminium alloy(A356) price falls by RMB200/t
A00 aluminium ingot price in China has again come below RMB 15,000 per tonne after hiking in the past two consecutive days to stand at RMB 15,060 per tonne on Monday, January 18, found the Shanghai Metals Market. According to SMM data, the price is hovering around RMB 14,830 per tonne on Tuesday,...
NALCO’s aluminium prices shrink by INR2000/t on January 16 in line with sluggish LME aluminium benchmark price
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and products prices with effect from Saturday, January 16, following a significant hike ten days ago on January 6. According to the company’s price update, aluminium ingot price has come in at INR 169,550-173,050 per tonne, down...
LME aluminium benchmark price shrinks to US$2000.50/t this week; SHFE price declines 3% to US$2297/t
Benchmark aluminium price on the London Metal Exchange decreased this week by 0.37 per cent to settle at US$ 2000.50 per tonne amid the incessant decline in LME aluminium opening stock from 1305825 tonnes to 1288675 tonnes. LME aluminium cash (bid) price and LME official settlement price closed...
US aluminium semis imports from UAE fell for the second month in a row to 23,300 tonnes in Oct’20
The United States aluminium crude metal and alloys imports from the United Arab Emirates fell for the second consecutive month in October 2020, according to the latest data revealed by the US Geological Survey. Data shows the imports decline by 8,500 tonnes or 26.73 per cent month-on-month to come...
Metro Mining to restart Bauxite Hills mine operations in April 2021 as market condition recovers from COVID-19 pandemic
According to a report on Thursday, January 14, Metro Mining is planning to recommence its operations at the Bauxite Hills mine project, which was shut for the wet season from mid-September 2020. The operation is expected to resume in April 2021 for deliveries restarting under the existing 7 million...
Vedanta Limited cuts aluminium ingot price by 1% with effect from January 14
Vedanta Limited again decreased its aluminium ingot and aluminium product prices on January 14 after increasing them on the previous day. With effect from Thursday, January 14, Vedanta slashed its aluminium ingot price by INR 1,750 per tonne or 1.02 per cent from INR 171,750-184,750 per tonne to...
Aluminium billet inventories in China decrease 3000 tonnes this week on slight increase in shipments
Shanghai Metals Market data showed aluminium billet inventories in China decreased by 3,000 tonnes this week, ending on Thursday, January 14. According to SMM data, aluminium billet stocks fell across five major Chinese consumption areas to stand at 82,700 tonnes, following a surge of 14,900 tonnes...
LME aluminium price grew marginally to close at US$2010.50/t; SHFE price increased to US$2297/t after consecutive declines
The LME complex closed mixed on Thursday. Benchmark aluminium price on the London Metal Exchange grew slightly by 0.50 per cent to close at US$ 2010.50 per tonne on January 14. LME aluminium cash (bid) price and LME official settlement price inched up marginally by US$ 1 per tonne from US$ 2009.50...
Primary aluminium inventories continue to expand week-on-week to stand at 684,000 tonnes
According to the latest data shared by Shanghai Metals Market, the social inventories of primary aluminium have continued to grow, although slower than the previous week. Data shows the inventories have gained 20,000 tonnes across eight major Chinese consumption areas, including SHFE warrants,...
Yunnan Haoxin Aluminum Foil Co. Ltd. joins ASI as a new Production & Transformation member
Aluminium Stewardship Initiative has announced the joining of Yunnan Haoxin Aluminum Foil Co. Ltd. as a new Production & Transformation member, which brings the total number of ASI Members to 152. Yunnan Haoxin Aluminum Foil Co. Ltd. is committed to the production, development, and sales of...
Alumina powder production in Iran grows 1.8% in nine months ended on November 20, 2020
Alumina powder production in Iran edged 1.8 per cent higher during the first nine months of the current Iranian calendar year (March 20-November 20, 2020), in comparison with the same period last year, found the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)....
A00 aluminium ingot price records fourth consecutive day of decline to RMB14,720/t; Bauxite price in Henan shrinks by RMB7.5/t
A00 aluminium ingot price has continued to fall for the fourth consecutive day by RMB 180 per tonne to stand at RMB 14,720 per tonne on Thursday, January 14, found the Shanghai Metals Market. The average prices are expected to range between RMB 14,700 per tonne and RMB 14,740 per tonne, with spot...
