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.
Higher EV sales by 2030 to boost aluminium consumption and reduce 14% CO2 emissions in India’s commercial vehicle sector
A recent study - Roadmap for Electrification of Urban Freight in India found that there could be a 14 per cent reduction in CO2 emissions in India’s small commercial vehicle segment with higher electric vehicle sales by 2030. The study assessed the operational and financial feasibility of electric...
NALCO’s aluminium ingot price declines by INR1400/t with effect from December 18 after an interim hike
National Aluminium Company Limited (NALCO) has reduced the prices of its aluminium ingot and aluminium products with effect from Friday, December 18, after an interim hike on December 15. With the latest cut, NALCO’s aluminium ingot price has come in at INR 172,350-175,850 per tonne, down by INR...
LME aluminium price edged higher this week by $6.5/t to settle at $2049/t; SHFE rose by $28/t to $2554/t
Benchmark aluminium price on the London Metal Exchange rose by US$ 6.5 per tonne over the week to settle at US$ 2049 per tonne, as of Friday, December 18. Both LME aluminium cash (bid) price and LME official settlement price edged higher this week during December 14-18 after swinging between US$...
Queensland Alumina to pay $500,000 fine for environmental damage due to chemical spill
Queensland Alumina Limited (QAL) has been fined $500,000 by Gladstone Magistrates Court for the chemical spill incident in September 2018, resulting in serious environmental harm and violating Environmental Authority (EA) rule. This is one of the largest environmental fines in Queensland charged...
European aluminium beverage cans recycling rate improve over 2% YoY to 76.1%, shows latest data
The recycling rate for aluminium beverage cans in the European Union, Switzerland, Norway, and Iceland increased by more than 2 per cent from 74.5 per cent in 2017 to 76.1 per cent in 2018, showed the latest data from European Aluminium and Metal Packaging Europe. The total amount of aluminium...
400 United Workers on strike at Consetllium Alabama aluminium plant demanding fair labour practices
According to a recent report, around 400 United Steel Workers are on strike at Constellium SE’s aluminium factory in Muscle Shoals, Alabama, due to unfair labour practices and unfulfilled health care policies. The news came after Tom Conway, the United Steel Workers president, said in a telephonic...
A00 aluminium ingot price soars by RMB230/t to close the week at RMB16960/t; Alumina spot price grows marginally
A00 aluminium ingot price has soared by RMB 230 per tonne to stand at RMB 16,960 per tonne on Friday, December 18, according to the Shanghai Metals Market. The continuous rise in domestic primary aluminium demand amid limited stocks at warehouses has contributed to the third consecutive day of A00...
LME aluminium price dipped to $2028/t while SHFE price extended growth by $42/t to $2554/t
Benchmark aluminium price on the London Metal Exchange dipped to US$ 2028 per tonne on Thursday, December 17, 2020, from US$ 2029 per tonne on Wednesday. Both LME aluminium cash (bid) price and LME official settlement price dipped marginally by US$ 1 per tonne to stand at US$ 2028 per tonne on...
Rusal to supply primary foundry aluminium alloys to Hyundai Sungwoo for car wheels manufacture
Rusal, a leading global aluminium producer, will supply primary foundry aluminium alloys to Hyundai Sungwoo Holdings Co, Ltd. for car wheels manufacture. Such was the news when Rusal announced that it's chosen by Hyundai as a preferred long-term sustainable foundry aluminium alloys supplier. Rusal...
Aluminium building products manufacturer DECO Australia opens a brand new display centre in New South Wales
DECO Australia, a leading producer of aluminium building products and finishes, has reportedly opened a brand new display centre to offer an informative, interactive, and inspirational space for architects, builders, and homeowners. The DECO Innovation Centre in Minto, New South Wales, allows...
A00 aluminium ingot price extends growth by RMB80/t to RMB16730/t amid muted input costs
According to the Shanghai Metals Market, A00 aluminium ingot price has extended growth for the second consecutive day by RMB 80 per tonne on Thursday, December 17, to stand at RMB 16,730 per tonne. The average prices are expected to range between RMB 16,710 per tonne and RMB 16,750 per tonne, with...
US aluminium scrap exports to Korea grow 4000 tonnes QoQ to 72,600 tonnes in Q3 2020
The United States aluminium scrap exports to the Republic of Korea increased marginally in September 2020 by 400 tonnes month-on-month to stand at 24,200 tonnes, found the US Geological data. In August, the United States aluminium scrap exports to Korea were at 23,800 tonnes dwindling by 800 tonnes...
Lindian Resources gets green signal to acquire a 61% stake in Woula Bauxite Project
ASX-listed high-grade bauxite developer Lindian Resources has reportedly received a nod from the Guinea Ministry of Mines to acquire a 61 per cent stake in the strategic Woula bauxite project. Lindian sees Woula as a potential bauxite producer given its direct shipping ore capability and the close...
A00 aluminium ingot price settles higher at RMB16,650/t after two days of decline; Aluminium alloy(A356) price grows by RMB100/t
A00 aluminium ingot price has recorded an increase of RMB 110 per tonne after two consecutive days of downfall to stand at RMB 16,650 per tonne, as of Wednesday, December 16, according to the Shanghai Metals Market. The average prices are expected to range between RMB 16,630 per tonne and RMB...
LME aluminium price decreased 1% to close at $2022/t; SHFE declined for the third consecutive day to $2501/t
The LME complex rose broadly on Tuesday but aluminium shed 0.98 per cent. Benchmark aluminium price on the London Metal Exchange decreased 1 per cent to US$ 2022 per tonne, as of Tuesday, December 15. Both LME aluminium cash (bid) price and LME official settlement price relapsed to US$ 2022 per...
NALCO’s aluminium wire rod price rebounds to INR177,250-181,600/t with effect from December 15
National Aluminium Company Limited’s (NALCO) aluminium wire rod price rebounded to INR 177,250-181,600 per tonne with effect from Tuesday, December 15, following a downfall on December 11 to INR 174,750-179,100 per tonne. This shows the price of NALCO’s aluminium wire rod increased by INR 2,500 per...
Strong demand for China’s industrial aluminium extrusion drives domestic operating rates to 63.10% in Nov’20
China’s aluminium extrusion producers operating rates increased marginally month-on-month to 63.10 per cent in November 2020, while operating rates at industrial extrusion producers grew 2.98 percentage points to 69.68 per cent but fell at construction extrusion producers slightly to 61.84 per...
China’s primary aluminium production grows 8.7% YoY to 3.18MT with daily output hit a record high in November 2020
Data from the National Bureau of Statistics (NBS) showed China’s primary aluminium production in November grew 8.7 per cent year-on-year to 3.18 million tonnes, with daily output hit a record high. Despite a month-on-month downfall of 0.6 per cent in production from October's 3.2 million tonnes,...
