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.
Primary aluminium production in East & Central Europe declines by 3% M-o-M in September 2020
According to the International Aluminium Institute data, East & Central Europe produced 338,000 tonnes of primary aluminium in September 2020 compared with 349,000 tonnes in August. This means the production in East & Central Europe shrank by 11,000 tonnes or 3.15 per cent month-on-month in...
China’s secondary aluminium producers’ operating rates improve to 59.6% in September: SMM
According to the data released by the Shanghai Metals Market, China’s secondary aluminium producers’ operating rates increased by 6.6 percentage points month-on-month in September to stand at 59.6 per cent. In August 2020, China’s secondary aluminium operating rates were 53.1 per cent gaining 2.8...
A00 aluminium ingot price in Chongqing hikes by RMB20/t to RMB14890/t; Input costs remain restrained
A00 aluminium ingot price has remained restrained at RMB 14,940 per tonne, as of Monday, October 26, following a drop from RMB 14,950 per tonne on Friday, October 23, according to the Shanghai Metals Market. The average prices are expected to range between RMB 14,920 per tonne and RMB 14,960 per...
Gränges sales volume increases 1% to 86.7 Ktonnes in Q3 2020, but total sales during Jan-Sept decline 8.2%
Gränges, a global leader in aluminium engineering, manufacturing and innovation, has announced the financial report of Q3 2020 declaring that its sales volume increased by 1.1 per cent to 86.7 Ktonnes (85.8). However, net sales decreased to SEK 2,575 million (2,998). Adjusted operating profit in...
Century Aluminum to close its Mt. Holly plant in December 2020, causing worries to Goose Creak businesses
The high possibility of Century Aluminum to close down by the end of this year has already caused many Goose Creek businesses worried about the effects on the local industry. On Tuesday, October 20, Century Aluminum announced its Mt. Holly plant might close on December 31 unless they abled to...
Primary aluminium inventories in China shrink by 24,000 tonnes on October 22: SMM
According to the Shanghai Metals Market, primary aluminium inventories in China have shrunk by 24,000 tonnes this week, ending on Thursday, October 22. Data shows the inventories have declined across eight major consumption areas, including SHFE warrants, to stand at 695,000 tonnes versus 719,000...
Marcventures Holdings set to develop a bauxite mine Samar
Marcventures Holdings Inc. (MHI) is reportedly set to develop a bauxite mining property in Samar, once approved by the Mines and Geosciences Bureau. This will make MHI the only firm in the Philippines with bauxite as a mineral commodity. According to MHI president Isidro Alcantara, the company has...
China’s alumina spot price dips by RMB5/t to RMB2301/t after a restraint last day; A00 aluminium ingot price rises
The average alumina spot price in China has recorded a drop of RMB 5 per tonne to stand at RMB 2,301 per tonne on Thursday, October 22, after remaining restrained last day, found the Shanghai Metals Market,. In Shanxi, the price has declined by RMB 10 per tonne to come in at RMB 2,290 per tonne,...
EGA’s employee-led continuous improvement programmes help saving AED 60 million in 2020
Emirates Global Aluminium has announced today, on October 21, that it could save almost AED 60 million since the beginning of this year, thanks to its employee-led continuous improvement programmes. Since January, EGA employees have submitted 18,400 ideas through the company’s suggestion scheme to...
Africa’s primary aluminium production in Q3 2020 drops by nearly 1% Q-o-Q, output in September down by 3% M-o-M
In September 2020, primary aluminium production in Africa stood at 131,000 tonnes, found the International Aluminium Institute’s latest data. In the month earlier (August), Africa’s primary aluminium output was 135,000 tonnes, meaning the country’s production in September declined by 4,000 tonnes...
ASI welcomes Thai Beverage Can Limited as a new Production & Transformation member
The Aluminium Stewardship Initiative has recently announced that Thai Beverage Can Limited has joined ASI as a new Production & Transformation member. This brings the total number of ASI members to 138. Thai Beverage Can Limited (TBC) is a Thai-American joint venture company between Berli Jucker...
World primary aluminium production declines 1.81% M-o-M in September 2020, but total output in Jan-Sept up by 2.1%
The latest data released by the International Aluminium Institute for September 2020 shows the world primary aluminium production stood at 5.42 million tonnes, down by 1.81 per cent from 5.52 million tonnes in August 2020. However, on a year-on-year basis, the output grew by 4.03 per cent from 5.21...
LME aluminium price decreased to $1826/t on aluminium opening stock rally, SHFE price slipped by $2/t
Three-month LME aluminium weakened 0.33 per cent to end at US$ 1,839.5 per tonne on Tuesday, October 20, and is likely to fluctuate between US$ 1,820-1,860 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased for the second consecutive day from US$ 1848 per...
AMAG receives ASI Chain of Custody Standard Certification for comprehensive sustainability activities
AMAG has recently received the ASI Chain of Custody Standard Certification for its comprehensive sustainability activities towards the supply chain of the aluminium industry. This certification from the Aluminium Stewardship Initiative plays a crucial role for the assurance of transparency and...
Hindalco reduces its aluminium ingot price by INR1250/t to INR156250/t with effect from October 20
Hindalco Industries Limited has reduced its aluminium ingot and aluminium product prices by INR 1,250 per tonne with effect from Tuesday, October 20, following a sharp hike of INR 3,500 per tonne on Saturday, October 17. With the latest cut, Hindalco’s aluminium ingot price has come in at INR...
Bharat Aluminium Company wins ‘The Economic Times Best Brands 2020’ title
Bharat Aluminium Company (BALCO) has been recently recognised as one the Best Brands in 2020 by The Economic Times. BALCO is seen as a national leader in aluminium production and well-acknowledged for its consumer trust and quality. So, this prestigious recognition is to celebrate BALCO’s...
Vedanta cuts aluminium ingot price by nearly 1% with effect from October 20 after a sharp hike last day
Vedanta Limited has again reduced its aluminium ingot and aluminium product prices with effect from Tuesday, October 20, following a hike of INR 3,500 per tonne on October 17. With the latest cut, the price of Vedanta’s aluminium ingot has come in at INR 154,250-167,250 per tonne, down by INR 1,250...
Decline in alumina spot price by RMB14/t in China after five days of restraint leads to A00 aluminium ingot downfall
The average alumina spot price in China has declined by RMB 14 per tonne to stand at RMB 2,306 per tonne on Tuesday, October 20, following a restraint at RMB 2,320 per tonne from October 14 to 19, according to the Shanghai Metals Market. In Shandong, the price has decreased by RMB 35 per tonne to...
