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.
China’s aluminium demand to decrease 5.4% in 2020 and grow 6% in 2021: Miles Prosser, Secretary General of IAI
Aluminium demand in China is expected to decrease by 5.4 per cent in 2020 and rebound by 6 per cent in 2021, said Miles Prosser, Secretary General of the International Aluminium Institute, while speaking to local and international delegates at the Shanghai Metals Market's 2020 Nonferrous Metals...
ASI welcomes 145th Production & Transformation member ASAŞ Alüminyum
Aluminium Stewardship Initiative announced that it welcomed ASAŞ Alüminyum as a new Production & Transformation member, bringing the total number of members to 145. ASAŞ Alüminyum produces a wide range of value-added products for various sectors such as automotive, railway, commercial vehicles,...
China’s alumina refineries may face losses in Q4 2020 due to higher production costs and lower selling prices: anticipates Joyce Li
At the 2020 Nonferrous Metals Industry Chain Annual Conference in Suzhou, Joyce Li, senior analyst at SMM, noted that China’s alumina market would likely see a supply deficit of 361,000 tonnes in 2020, with annual average operating rate at refineries at 78.03 per cent. “Operating rates at Chinese...
LME aluminium price slipped by $23.50/t to peg at $2028/t; SHFE closed the week at $2510/t
The LME complex closed mixed on Thursday, with aluminium dropped 2.23 per cent. Benchmark aluminium price on the London Metal Exchange declined by US$ 23.50 per tonne on December 3. LME aluminium cash (bid) price and LME official settlement price slipped from US$ 2051.50 per tonne to US$ 2028 per...
Primary aluminium inventories in China gain 4000 tonnes after six consecutive weeks of decline
According to the Shanghai Metals Market, primary aluminium inventories in China have built up this week ending on Thursday, December 3, after six consecutive weeks of downfall. SMM data shows the inventories have gained 4,000 tonnes across eight major consumption areas, including SHFE warrants, to...
Demand and supply of non-ferrous metals including aluminium to rebound in China despite the COVID-19 pandemic: Andy Home
Despite the ongoing COVID19 pandemic and possible aftermath, the metals market in China is recovering, especially in the scrap sector, pointed out commodities veteran Andy Home. On Thursday at the Shanghai Metals Market’s 2020 Nonferrous Metals Industry Chain Annual Conference, Andy Home stated,...
Hindalco’s aluminium ingot price soars by over INR5000/t to peg at INR173,000/t w.e.f. December 2
Hindalco Industries Limited has significantly increased the prices of its aluminium ingot and aluminium product with effect from Wednesday, December 2, in line with rallied global aluminium benchmark price on the London Metal Exchange. Hindalco is now selling its aluminium ingot at INR 5,500 per...
United States crude and dried bauxite imports plunge 5.4% in Q3 2020 following a hike in previous quarter
The latest data of the US Geological Survey found the United States in the third quarter of 2020 imported 789,000 tonnes of crude and dried bauxite. The import volume declined by 45,000 tonnes or 5.40 per cent in Q3 2020, following a hike of 8 per cent to 834,000 tonnes in the second quarter of the...
A00 aluminium ingot price declines by RMB230/t after six days of hike in a row; Prebaked anode price grows by RMB270/t
A00 aluminium ingot price in China has decreased by RMB 230 per tonne to stand at RMB 16,850 per tonne, as of Thursday, December 3, following six consecutive days of hike from RMB 15,930 per tonne to RMB 17,080 per tonne, according to the Shanghai Metals Market. The average prices are expected to...
Shri Bijay Kumar Das becomes Director (Production) at NALCO
Shri Bijay Kumar Das has been elevated to the Director (Production) at the Navratna CPSE National Aluminium Company Limited (NALCO), with effect from December 1, 2020. Shri Das was serving NALCO as Executive Director (Projects) at Corporate Office, Bhubaneswar. The association of Mr Das with NALCO...
NALCO expands its aluminium ingot and aluminium product prices by over INR5000/t with effect from December 1
National Aluminium Company Limited (NALCO) has expanded the prices of its aluminium ingot and aluminium products with effect from Tuesday, December 1, following a cut last week on November 26. Since the latest hike on December 1, NALCO’s aluminium ingot price has come in at INR 173,850-177,350 per...
United States primary aluminium production extends downfall by 10% to 72,000 tonnes in September 2020
In September 2020, primary aluminium production in the United States extended downfall to stand at 72,000 tonnes versus 80,000 tonnes in August, according to the data recently released by the US Geological Survey. In August, the output was down by 2,000 tonnes month-on-month, but in September, it...
Institute of Scrap Recycling Industries hires Cheryl Coleman as Vice President of Sustainability
On Tuesday, December 1, the Institute of Scrap Recycling Industries (ISRI) announced that it hired Cheryl Coleman as vice president of sustainability. Coleman will be responsible to look after the development and execution of an integrated strategy addressing the priorities of the segments of the...
LME aluminium price settled higher by $31/t to $2045.5/t; SHFE extended growth to $2591/t
The LME complex rose for the most part, including aluminium, which added 0.91 per cent. Global aluminium benchmark price on the London Metal Exchange climbed 1.54 per cent on December 1. LME aluminium cash (bid) price and LME official settlement price surged to US$ 2045.50 per tonne on December 1...
Alumina refineries in North China begin to cut operation at roasting furnaces for 2020-21 heating season
According to the Shanghai Metals Market, many northern regions in China have issued output control policies for the 2020-21 heating season. In mid-November, Lvliang in Shanxi province issued the List of Heavy Pollution Weather Emergency Emission Reductions in 2020, including ten alumina refineries...
Find out how AlCircle’s fifth quarterly e-Magazine “Covid-19 Impact: Importance & Emergence of Industry 4.0” Performed
We are happy to reveal the performance metrics of our fifth quarterly e-Magazine “ Covid-19 Impact: Importance & Emergence of Industry 4.0 . ” The magazine, launched on July 31, has ruled the world of the internet with a total global reach of 40,026 and hits 148,378 across 123 countries until...
Chalco’s share price spikes to the highest since debut representing recovery in Chinese aluminium sector
November 2020 had been the best month for Aluminium Corporation of China Limited, popularly known as Chalco, since its debut almost two decades ago, as investors have started taking keen interest in the Chinese aluminium sector. In the said month, China’s leading company in the non-ferrous industry...
AMAG Austria Metall AG building the largest rooftop photovoltaic system worth several million euros
AMAG Austria Metall AG, a premium supplier of high-quality aluminium cast and flat rolled products and specialised in recycling, is reportedly setting up the largest rooftop photovoltaic (PV) system worth several million euros in Austria across an area of 55,000 m² – roughly the size of eight...
