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.
IBAAS-JNARDDC to conduct a webinar on aluminium value chain on November 4-6, 2020
International Bauxite, Alumina & Aluminium Society (IBAAS) is organising a webinar on some important topics of the aluminium industry in collaboration with Jawaharlal Nehru Aluminium Research Development & Design Centre (JNARDDC). The webinar will take place on November 4-6, 2020, on topics...
Vedanta’s aluminium ingot price again increases by INR1500/t with effect from October 13
Vedanta Limited has continued to increase its aluminium ingot and aluminium product prices pursuant to the incessant surge in global aluminium benchmark price on the London Metals Exchange. With effect from Tuesday, October 13, Vedanta has hiked its aluminium ingot price again by INR 1,500 per...
China’s metallurgical-grade alumina output slips by 1% M-o-M to 5.7 MT in September 2020
According to the latest data revealed by the Shanghai Metals Market, China’s alumina production in September 2020 stood at 5.91 million tonnes, including 5.7 million tonnes of metallurgical-grade alumina. This marked a downfall of 1.04 per cent from 5.76 million tonnes of metallurgical-grade...
China’s September primary aluminium production declines by 2.5% M-o-M to 3.11 MT, but increases by 7.7% Y-o-Y
China’s primary aluminium production continued to grow by 7.68 per cent year-on-year in September 2020 to stand at 3.11 million tonnes, found the Shanghai Metals Market survey. But when compared to the month earlier, the output of September stood down by 2.51 per cent from 3.19 million tonnes. As...
Hindalco further expands its aluminium prices by INR1750/t in line with global aluminium price hike on LME over the weekend
Hindalco has further increased its aluminium product and aluminium ingot prices with effect from Tuesday, October 13, in line with the incessant surge in global aluminium benchmark price on the London Metal Exchange. This marks the fifth consecutive hike in Hindalco’s aluminium prices. With effect...
Jindal Aluminium seeks government aid for downstream MSME producers, urges to remove primary aluminium import duty
Jindal Aluminium official has pointed out that China’s aluminium flat rolled products exports to India, resulting in reducing prices, is taking a severe toll on domestic downstream MSME producers. Hence, the company has urged the government to remove import duty on primary aluminium to encourage...
LME aluminium price hiked for the third consecutive day to $1829.5/t amid rise in opening stock, SHFE slipped by $11/t
Three-month LME aluminium rose 0.49 per cent to end at US$ 1,856 per tonne on Monday, October 12, and is likely to move between US$ 1,830-1,870 per tonne today. Both LME aluminium cash (bid) price and LME official settlement price increased further for the third consecutive day from US$ 1805.50 per...
GIADEC sets up 19-member committees for bauxite communities in Atewa, Awaso, Nyinahini and Mpasaaso
The governing board and management of the Ghana Integrated Aluminium Development Corporation (GIADEC) has organised and inaugurated 19-member committees for various bauxite communities in Asiakwa (Atewa) in the Eastern Region, Awaso in the Western North Region, Nyinahini and Mpasaaso in the Ashanti...
India will not see a significant impact of US anti-dumping duties on aluminium alloy sheets: Biswajit Dhar of JNU
According to a recent survey, India is expected to be not significantly affected by the anti-dumping duties imposed by the United States on common alloy aluminium sheets, as the former supplies small amount of the product to the latter. Late last week, the United States Department of Commerce...
AlCircle’s first-of-its-kind “Global Aluminium Expo 2020” turned into a successful two-day global event!
AlCircle team feels proud and thankful to announce that its first-ever online exhibition “Global Aluminium Expo 2020” on October 6 & 7 was a success. We are delighted to share the total attendee registrations for the two-day event was 1107 from 85 countries across the world. The number of attendees...
A00 aluminium ingot price extends growth by RMB90/t despite surge in inventories; Imported bauxite price dips by $1/t
As of Monday, October 12, A00 aluminium ingot price has recorded a hike of RMB 90 per tonne for the second day in a row to come in at RMB 14,940 per tonne, found the Shanghai Metals Market data. The price has expanded today despite the surge in primary aluminium ingots inventories to 715,000 tonnes...
Vedanta further hikes its aluminium prices by INR 1500/t as LME aluminium price exceeds this year’s maiden level
Vedanta Limited has consecutively increased its aluminium ingot and aluminium product prices, albeit slower than the previous day, with effect from Saturday, October 10. The company is now selling its aluminium ingot price in the range between INR 150,500 - 163,500 per tonne, up by INR 1,500 per...
China’s aluminium billet inventories jumped to 105,700 tonnes during National Days holidays
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have surged during the National Days holidays from October 1 to 8 across five major consumption areas. As per the data, aluminium billet inventories have expanded by 42,000 tonnes from pre-holiday levels to stand at...
China’s primary aluminium ingots inventories build up 60,000 tonnes over a week-long holiday
The Shanghai Metals Market found China’s social inventories of primary aluminium ingots increased significantly during the National Days holidays from October 1 to 8 on concentrated arrivals of cargoes. According to the data, primary aluminium inventories built up 60,000 tonnes over a week-long...
Irish water spent €160,000 on supplying water in Achill Island as aluminium levels increased five times
Irish Water, a water utility company in Ireland, has reportedly spent €160,000 on providing water in Achill Island as aluminium levels in the water there surged five times than the recommended levels. Records released by the water utility explained how at one stage aluminium levels in the drinking...
Aluminium Façade Systems unveils its first product line ProClad SOLID aluminium panels in 3mm and 4mm options
Aluminium Façade Systems has recently launched its first product line ProClad SOLID in the market, in support of Alspec, Australia’s market-leading aluminium system specialists with over 46 years of experience. Aluminium Façade Systems is a new company specialising in high quality and fully...
COVID-19 Impact Continues: ICRA fears aluminium consumption to decline by 8% in the current calendar year
Rating agency ICRA fears that consumption of non-ferrous metals, including aluminium, will shrink significantly this year as a consequence of the COVID-19 pandemic. According to the agency, the pandemic has taken a severe toll on the global automobile, construction, and electrical machinery...
Three-month LME aluminium settled higher at $1799/t as easy US monetary policies offset worries; SHFE climbed to $2181/t
The US dollar changed against a basket of currencies on Thursday, October 8, as investors waited for fresh news on whether new US fiscal stimulus is likely in the near term. Three-month LME aluminium settled at US$ 1,799 per tonne on Thursday, up US$ 36 per tonne from the closing price on September...
