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.
LME aluminium price lost US$16/t to close at US$2009.50/t; SHFE aluminium fell for the fourth day to US$2274/t
The LME complex ended mostly lower on Wednesday, January 13, with aluminium lost 0.62 per cent. Benchmark aluminium price on the London Metal Exchange edged 0.79 per cent lower on Wednesday. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 16 per tonne from US$...
New electricity agreement between Rio Tinto & Meridian Energy allows Tiwai Point aluminium smelter to operate till 2024
On Wednesday, January 13, Rio Tinto announced that it entered a new agreement with Meridian Energy for electricity supply that would allow New Zealand’s Aluminium Smelter (NZAS) to continue operating at the Tiwai Point aluminium smelter. The agreement is valid till December 31, 2024, meaning a...
SPUR to build a world-class bike components manufacturing unit with a special focus on hi-end aluminium components
SPUR, a subsidiary of Hero Motors Company and a global bike components manufacturer, will build a world-class manufacturing unit of bike components at the upcoming Hero Industrial Park, aiming at securing a strong position in the global components market. The news came after SPUR announced it on...
Vedanta Ltd adds INR1250/t to its aluminium ingot price on January 13 after a cut last day
Vedanta Limited has raised its aluminium ingot and aluminium products prices with effect from Wednesday, January 13, just a day after reducing the prices by INR 1,500 per tonne. Vedanta is currently selling its aluminium ingot at INR 171,750-184,750 per tonnes, up by INR 1,250 per tonne or 0.73 per...
US aluminium scrap exports to Malaysia edged 19% higher in October 2020 after two months of decline
The United States aluminium scrap exports to Malaysia stood at 44,800 tonnes in October 2020, recording an increase of 7,200 tonnes or 19.15 per cent M-o-M after two consecutive months of decline. In September, the United States exported 37,600 tonnes of scrap to Malaysia, down by 8.96 per cent...
Dr Mark Cooksey secures permanent position in ALCORE; Key responsibility includes AlF3 production process
Dr Mark Cooksey has permanently joined Australian Bauxite Limited’s technology subsidiary ALCORE Limited (Alcore). The news came on Wednesday, January 13, after ABx announced officially. Dr Cooksey first joined Alcore in January 2020 as a General Manager and became CEO in the next seven months on...
LME aluminium price closed higher at US$2025.50/t; SHFE price decreased for the third day to US$2316/t
Benchmark aluminium price on the London Metal Exchange stood 0.87 per cent higher on Tuesday, January 12. As of Tuesday, January 12, LME aluminium cash (bid) price and LME official settlement price surged by US$ 17.50 per tonne to US$ 2025.50 per tonne, following a plunge in the previous day from...
Hydro’s aluminium extrusion plant in Tønder bags ASI certifications
The Aluminium Stewardship Initiative has certified Hydro’s aluminium extrusion plant in Tønder, Southern Denmark, with its both Performance Standard Certification and Chain of Custody Standard. The certification covers the Tønder plant’s production of aluminium solutions, including extrusion and...
Noranda Alumina reports strongest six-month production figure in over three years
Noranda Alumina, a subsidiary of New Day Aluminum Holdings, has reported the strongest production figure in over three years for the last six months. Despite numerous challenges like the COVID-19 pandemic, depressed market conditions, and historically active hurricane season, the refinery...
US aluminium crude metal and alloys imports from Canada grow 4.6% M-o-M in October 2020
The United States aluminium crude metal and alloys imports from Canada increased by 7,000 tonnes or 4.64 per cent month-on-month in October 2020 to stand at 158,000 tonnes, found the Shanghai Metals Market. In September, the US imports from Canada stood at 151,000 tonnes, recording a plunge of...
China’s A00 aluminium ingot price declines the highest this month to RMB15,050/t; Alumina price in Shandong gains RMB10/t
A00 aluminium ingot price in China has recorded the highest downfall of January 2021 and the second-highest since the fall of RMB 430 per tonne on December 21, as of Tuesday, January 12. According to Shanghai Metals Market data, the price has plunged by RMB 350 per tonne to stand at RMB 15,050 per...
Molten aluminium ratio declines at Chinese aluminium smelters in December 2020: Know Why?
In December 2020, molten aluminium accounted for 66.6 per cent of China’s total aluminium production, found the Shanghai Metals Market. That was down by 1.17 percentage points from the previous month, owing to the increased proportion of ingot output at smelters in north China. The decline was most...
Vedanta raises its aluminium products prices by INR2250/t following an intermittent cut
Vedanta Limited increased its aluminium products and aluminium ingot prices with effect from Saturday, January 9, following an intermittent cut on Friday, January 8. That marked the fifth consecutive day since Tuesday, January 5, that Vedanta revised its aluminium products and ingot prices. With...
China’s alumina production falls 2.02% to 67.29 million tonnes in 2020; Output in December increases 1.53% Y-o-Y
According to the latest data shared by Shanghai Metals Market, China’s metallurgical-grade alumina production in the entire year of 2020 came in at 67.29 million tonnes, down by 2.02 per cent on a year-on-year basis. In December, alumina output, including 5.75 million tonnes of metallurgical-grade...
LME aluminium benchmark price increased to US$2029.50/t; SHFE price opened the week lower at US$2372/t
Benchmark aluminium price on the London Metal Exchange rose 1.07 per cent to come in at US$ 2029.50 per tonne on Friday, January 8, 2021. As of Friday, January 8, LME aluminium cash (bid) price and LME official settlement price surged by US$ 21.50 per tonne from US$ 2008 per tonne to US$ 2029.50...
Hindalco cuts aluminium ingot price by over 2% with effect from January 8
Hindalco Industries Limited has sharply reduced its aluminium ingot and aluminium products prices with effect from Friday, January 8, after hiking them in the past two consecutive days. With the latest cut, Hindalco’s aluminium ingot price has come in at INR 170,000 per tonne, a decrease of INR...
Moscow’s new micro-museum made of concrete and anodised aluminium cladding
Moscow’s new micro-museum of Russian Impressionists is a concrete building covered with perforated aluminium. Measures just over 1000 sqm, the museum is located at the site of a gigantic former chocolate factory in Moscow. McAslan Architects did not hesitate to construct the building entirely out...
US aluminium scrap exports to India continue to rise by 9% M-o-M and 91% Y-o-Y to 38,700 tonnes in Oct’20
The US Geological Survey found the United States aluminium scrap exports to India continued to rise in October 2020 as well. From 35,500 tonnes in September, the exports grew to 38,700 tonnes, an increase of 9 per cent month-on-month. On a year-on-year calculation, the exports in October soared by...
