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.
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 diminished by 8,000 tonnes or 10 per cent. The average daily production was 2,410 tonnes, 7 per cent less than 2,580 tonnes in August and 17 per cent than in September 2019. Total aluminium recovered from scrap in September 2020 was 271,000 tonnes, almost flat compared with 270,000 tonnes in August 2020. However, on a year-on-year basis, it stood 7 per cent less than in September 2019. Of 271,000 tonnes, 147,000 tonnes of aluminium was recovered from new scrap and 124,000 tonnes recovered from...
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 recycling industry. She will also supervise the strategic planning and execution of ISRI’s new recyclability protocol and other sustainable development initiatives on behalf of ISRI and its members. Cheryl Coleman comes with decades of experience in materials and sustainability management. She served the U.S. Environmental Protection Agency (EPA) as the Director of the Resource Conservation and Sustainability Division. While at EPA, she led efforts to improve the United States recycling system...
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 from US$ 2014.50 per tonne on November 30. 3-months bid price and 3-months offer price stood at US$ 2052.50 per tonne, growing by US$ 30 per tonne from US$ 2022.50 per tonne in the previous day. Dec 21 bid price and Dec 21 offer price came in at US$ 2069.50 per tonne. The LME aluminium opening stock decreased from 1374025 tonnes to 1368125 tonnes on December 1. Live Warrants hovered at 1213550 tonnes, while Cancelled Warrants at 154575 tonnes. LME aluminium 3-months Asian Reference Price stood at...
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 and one aluminium smelter. The document issued by Lvliang also includes set requirements for production and transport at these companies. In Henan, one alumina refinery has shut down two roasting furnaces until now, leaving 450,000 tonnes per year of roasting capacity in operation. Another refinery in Henan has closed one roasting furnace, leaving 1.8 million tonnes per year of roasting capacity in operation. In Shanxi, one alumina refinery is currently operating a roasting furnace with capacity...
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 November 30. In only three months, we are delighted to have discovered that the e-Magazine has created a buzz on social media, achieving 8692 reaches on Twitter , 13589 on Facebook , and 7274 on LinkedIn . The average time spent by a user on the magazine is over 8 minutes , while the direct reach has crossed 1,275 . The viewership of the promotional video on the magazine stands at 9,404 . This e-Magazine was AlCircle’s small effort to share necessary information and suggestion on how the...
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 rose a spirited 80 per cent in Hong Kong against the backdrop of equities and metals prices took heart from China’s V-shaped economic rebound. This extra jolt enjoyed by Chalco suggests a deeper shift in the aluminium industry as concerns around overcapacity and high production costs begin to subside. Many analysts think that despite this sharp rise in share prices, Chinese aluminium stocks are worth buying. "Aluminium stocks are spiking with aluminium prices, which are continuing their ascent...
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 soccer fields. The PV system, to be installed on the roofs of the new plant, will generate around 6 GWh of electricity per year – enough to cover the needs of roughly 1,700 households. The rooftop system will also be supplemented by a free-standing photovoltaic system over an area of 2,600 m². “As recycling specialists, you could say that sustainable use of limited resources is part of our DNA. That’s why we have a clear energy strategy which, in addition to increasing energy efficiency, also...
A00 aluminium ingot price hikes by RMB210/t to stand close to RMB17000/t; Aluminium alloys prices exceed RMB17000/t
A00 aluminium ingot price has soared on December 1, 2020, to stand close to RMB 17,000 per tonne, according to the Shanghai Metals Market. Growing by RMB 210 per tonne, the primary aluminium ingot price has come in at RMB 16,980 per tonne, with average prices expected to range between RMB 16,960 per tonne and RMB 17,000 per tonne. The spot contract is likely to be traded at RMB 130-170 per tonne, down by RMB 40 per tonne from the previous day. Of all the major Chinese cities, Linyi has seen the highest surge in primary aluminium ingot price today by RMB 245 per tonne to RMB 17,005 per tonne, followed by the hike in Foshan and Shenyang of RMB 210 per tonne and RMB 200 per tonne, respectively, to come in at RMB 17,080 per tonne and RMB 16,970 per tonne. In Chongqing, A00 aluminium ingot...
Alumina production in South America records a hike of 24.63% M-o-M in Oct 2020; Output in North America grows 14.57%
In October 2020, alumina production in South America stood at 926,000 tonnes, registering an increase of 24.63 per cent month-on-month following a slight dip in the previous month, showed the International Aluminium Institute (IAI). In September 2020, alumina production in South America came in at 743,000 tonnes, down by 3,000 tonnes from 746,000 in August. South America’s alumina output in August 2020 also recorded a decrease of 22.45 per cent month-on-month from 962,000 tonnes in July. So, the total alumina production during July-October 2020 amounted to 3.577 million tonnes, down by 9.44 per cent from 3.950 million tonnes during the same period last year. In the first ten months of the year (January-October), alumina production in South America totalled 9.664 million tonnes, growing by...
Shadow Minister for Defence visits DECO Australia to survey defence capabilities, including non-combustible aluminium products
Shadow Minister for Defence Richard Marles has reportedly paid a visit to DECO Australia’s manufacturing facility in Minto, New South Wales to observe the company’s defence capabilities, including surface finishing, protective coatings, and non-combustible aluminium building products. Deco founder and director Ross Doonan discussed defence procurement policies with the Shadow Minister Richard Marles and advocated for greater inclusion of local SMEs in defence contracts. “Australia has a wealth of local suppliers who would be an asset to the defence industry,” said Ross Doonan adding that “And yet they are underrated and often overlooked by Australian defence, and by the Prime Contractors they work with. It is difficult to become involved – often, SMEs are not even sure where to start. He...
LME aluminium price climbed $13.5/t to hover at $1975/t; SHFE rose for the fourth consecutive day to $2500/t
The LME complex rose on Friday, November 27, with aluminium climbed up by 1.65 per cent. Benchmark aluminium price on the London Metal Exchange rose by 0.69 per cent on November 27 from US$ 1961.50 per tonne on Thursday, November 26. Both LME aluminium cash (bid) price and LME official settlement price rebounded to US$ 1975 per tonne, growing by US$ 13.50 per tonne on Friday, November 27. 3-months bid price and 3-months offer price stood at US$ 1988.50 per tonne, up by US$ 10.50 per tonne from US$ 1978 per tonne on November 26. Dec 21 bid price and Dec 21 offer price came in at US$ 2010.50 per tonne. The LME aluminium opening stock declined from 1383250 tonnes on November 26 to 1378025 on November 27. Live Warrants hovered at 1216725 tonnes, while Cancelled Warrants at 161300 tonnes. LME...
Alumina production in West Europe declines 6% YoY to 448,000t in Oct 2020; Output in East & Central Europe hikes 9% to 412,000t
In West Europe, alumina production in October 2020 stood at 448,000 tonnes, recording a hike of 15,000 tonnes or 3.46 per cent from 433,000 tonnes in September. The output in September 2020 was, however, down by 11.09 per cent month-on-month from 487,000 tonnes in August 2020. Thus, the total alumina production in West Europe during August-October amounted to 1.368 million tonnes, down by 5.07 per cent from 1.441 million tonnes during the corresponding period last year. On a year-on-year basis, alumina production in West Europe for October recorded a downfall of 30,000 tonnes or 6.28 per cent from 478,000 tonnes. During January-October 2020, alumina production in West Europe totalled 4.686 million tonnes, 3.24 per cent lesser than 4.843 million tonnes during the same period last year. In...
Coronavirus Care: EGA’s Guinea Alumina Corporation builds a COVID19 field hospital in just 30 days
Guinea Alumina Corporation (GAC), bauxite mining subsidiary of Emirates Global Aluminium (EGA), has built a field hospital for COVID-19 in a record time of only 30 days, in association with Tamouh Healthcare and Dubai-based manufacturer Weatherhaven. The Sheikh Mohamed bin Zayed Field Hospital has been inaugurated on November 25 by the Minister of Health of the Republic of Guinea, Doctor Colonel Remy Lamah and representatives from the United Arab Emirates and Emirates Global Aluminium’s Guinea Alumina Corporation (GAC). The hospital is equipped with 208 beds, including 48 in intensive care. It also has a pharmacy and a medical laboratory. It will be managed and operated by the Ministry of Health. Commenting on the field hospital project, Dr Remy Lamah, said: “I want to thank the UAE...
World alumina production in October 2020 surged by 5.48% M-o-M & 1.96% Y-o-Y to 11.450 million tonnes: IAI
The International Aluminium Institute (IAI) data shows the world alumina production in October 2020 stood at 11.450 million tonnes compared with 10.855 million tonnes in September 2020. This represents that production in October grew by 5.48 per cent month-on-month, following a drop of 4.81 per cent in the month earlier from 11.404 million tonnes in August 2020. Total production during August-October amounted to 33.709 million tonnes, up by 1.82 per cent from 33.106 million tonnes during the same period last year. On a year-on-year calculation, alumina production in October 2020 recorded a surge of 1.96 per cent from 11.226 million tonnes. In the first 10 months of the year, the world alumina output totalled 110.466 million tonnes, 0.55 per cent higher than 109.866 million tonnes during...
China’s alumina spot price dips by RMB2/t to RMB2281/t; Aluminium alloys (ADC12) price jumps above RMB17000/t
China’s average alumina spot price has recorded a dip of RMB 2 per tonne to close the week on Friday, November 27, at RMB 2,281 per tonne, according to the Shanghai Metals Market. The price has recorded a change today after remaining restrained for the last two consecutive days on November 25 & 26. However, today, except for Guizhou and Guangxi, average alumina spot price has remained muted in Shandong, Henan, and Shanxi. In Guangxi and Guizhou, average alumina spot price has dropped by RMB 10 per tonne and RMB 5 per tonne to stand, respectively, at RMB 2,290 per tonne and RMB 2,295 per tonne. Imported alumina price and Australian alumina FOB price have also registered no change from RMB 2,310 per tonne and US$ 283 per tonne, respectively. Despite the loss of average alumina spot price,...
Primary aluminium inventories in China record higher downfall this week to stand below 600 thousand tonnes
Social inventories of primary aluminium in China have extended downfall for the sixth consecutive week by 19,000 tonnes week-on-week, found the Shanghai Metals Market. SMM data shows, the inventories have dwindled across the eight major Chinese consumption areas, including SHFE warrants, to stand at 596,000 tonnes on Thursday, November 26. Last week, on November 19, the inventories had declined by 14,000 tonnes over the week to come in at 615,000 tonnes. This means the downfall this week has expanded by 5,000 tonnes. Higher demand for domestic primary aluminium due to strict restrictions on imported aluminium scrap coupled with slower arrivals of stocks at warehouses has been leading to the incessant decline in inventories. The chart below indicates the current status of primary aluminium...
NALCO's aluminium ingot price declines by INR1800/t w.e.f November 26 after seven consecutive rises
National Aluminium Company Limited (NALCO) has cut the prices of its aluminium ingot and aluminium products with effect from Thursday, November 26, after raising them for seven times in a row till November 19. The Navratna Group has reduced its aluminium ingot price by INR 1,800 per tonne or 1.06 per cent from INR 170,050 – 173,550 per tonne on November 19 to INR 168,250-171,750 per tonne, as of November 26. NALCO’s aluminium wire rod price has come in at INR 171,750- 176,100 per tonne on November 26, also down by INR 1,800 per tonne from INR 173,550-177,900 per tonne on November 19. The price of NALCO’s aluminium billets has also been cut by INR 1,800 per tonne from INR 173,500- 176,150 per tonne to INR 171,700- 174,350 per tonne, as of November 26. Like Hindalco and Vedanta, NALCO also...
Lower stock arrivals lead to a further decline of 6,400t in China’s aluminium billet inventories this week
Lower arrivals of stocks at warehouses, coupled with robust demand, have further fuelled the downfall of 6063 aluminium billet stocks in China this week, ending on Thursday, November 26. China’s aluminium billet inventories today have shrunk by 6,400 tonnes across the five major consumption areas to stand at 69,000 tonnes. Last week, the inventories stood at 75,400 tonnes, declining by 12,500 tonnes week-on-week. This shows the downfall today has lowered by 6,100 tonnes than the previous week. The chart below indicates the current status of aluminium billets inventories across China in more details. In Foshan, aluminium billet inventories on November 26 have decreased sharply by 9,600 tonnes to stand at 12,600 tonnes from 22,200 tonnes on last Thursday; while in Wuxi, the stocks dipped...
