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.
Hindalco cuts its aluminium product prices by INR1250/t w.e.f. October 2 in line with dwindling LME prices
Hindalco Industries Limited has reduced the price of its aluminium ingots and aluminium products with effect from Friday, October 2, following a hike on Tuesday, September 29. Hindalco’s aluminium ingot price has come in at INR 145,750 per tonne, down by INR 1,250 per tonne from INR 147,000 per...
US aluminium prices are sliding anticipating tariff exemptions for UAE & Bahrain
Aluminium prices for US consumers, especially from the transport, construction, and packaging industries, are decreasing as the market is anticipating tariff exemptions for producers in the United Arab Emirates and Bahrain. This follows agreements by the two Arab states to establish ties between...
US aluminium plates, sheets and bars imports grow 13% M-o-M in July 2020, but remain flat Y-o-Y
According to the latest Geological Survey data, the United States in July 2020 imported 84,300 tonnes of aluminium plates, sheets and bars, 9,800 tonnes or 13.15 per cent higher than 74,500 tonnes in June. In May, the United States aluminium semis imports were 68,500 tonnes, meaning the imports in...
Canyon’s advanced metallurgical programme finds +90% available alumina in Minim Martap Bauxite Project
An advanced metallurgical programme conducted by Canyon Resources Limited on alumina samples from Minim Martap Bauxite Project in Cameroon shows consistent +90% available alumina. The outcomes of the testing confirm the presence of very high grade bauxite in the project and high rates of conversion...
Chinalco Subsidiary in Guangxi caught for violating environmental regulations and polluting the surroundings
China’s Ministry of Ecology and Environment (MEE) has alleged the state-run Aluminium Corp of China (Chinalco) for repeatedly violating environmental regulations at a plant in Guangxi. A week earlier, a central government environmental inspection team found that affiliates of the Chinalco...
European Aluminium web workshop highlights the importance of investing in Aluminium Packaging, Sorting & Recycling
The European Aluminium web workshop on investing in better collection and sorting of used aluminium packaging for recycling stressed enough on the importance of the Circular Economy. Many speakers spoke about the need for more investment into the complete cycle of aluminium packaging, sorting and...
LME aluminium price plunged to $1737/t after three days of hike in a row; SHFE is closed for National Day Holiday
LME aluminium price decreased on Wednesday, September 30, to US$ 1737 per tonne after three consecutive days of hike US$ 1697 per tonne to US$ 1746 per tonne. As of Wednesday, September 30, both LME aluminium cash (bid) price and LME official settlement price again stood at US$ 1737 per tonne...
US Aluminium Foil Trade Group files antidumping duty on five countries aiming to protect domestic industry
The Aluminum Association’s Foil Trade Enforcement Working Group has filed petitions for antidumping and countervailing duty on Armenia, Brazil, Oman, Russia, and Turkey on Wednesday, September 30, alleging aluminium foils imports from these countries into the US are causing material injury to the...
Primary aluminium inventories fall by 61,000t as downstream sector increases purchase before Chinese National Holiday
Primary aluminium inventories in China have declined by 61,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, to stand at 655,000 tonnes, as of Wednesday, September 30, according to the Shanghai Metals Market. This sharp fall could be attributed to the increase...
How consumers preference for aluminium cans evolving consumption and recycle pattern all over the world
The growth of aluminium cans in the global market seems to be becoming insurmountable owing to the factors like disposable income of people, changing lifestyle, and evolving consumer preferences. Continuous shifts from plastic bottles to aluminium cans have triggered the demand further. Initiatives...
Alumina production in North America grows by 3% M-o-M in August, while in South America shrinks by 2%
Alumina production in North America continued to grow in August 2020, according to the latest data revealed by the International Aluminium Institute. From 231,000 tonnes in July, alumina output in North America increased by 7,000 tonnes or 3.03 per cent to stand at 238,000 tonnes in August. The...
India’s aluminium scrap imports from US continue to grow by 70% in July 2020
According to the latest data shared by the US Geological Survey, India imported 21,700 tonnes of aluminium scrap from the United States in July 2020 versus 12,800 tonnes in June. This means India secured 8,900 tonnes or 69.53 per cent more scrap in July than the previous month. The USGS data found...
A00 aluminium ingot price declines by RMB50/t after three days of hike in a row; Australian alumina FOB price shrinks by $2/t
A00 aluminium ingot price has recorded a plunge of RMB 50 per tonne to stand at RMB 14,680 per tonne on Wednesday, September 30, following three consecutive hikes from RMB 14,270 per tonne to RMB 14,730 per tonne during September 24-29, found the Shanghai Metals Market. The average prices today are...
COVID-19 Solution: EGA completely shifts to online training model for employee learning and talent development
Emirates Global Aluminium has adopted specially-designed virtual learning platforms for its employee learning and talent development during the COVID-19 pandemic. At the onset of the pandemic, EGA moved all its workshops and learning circles online in just five weeks, launching a new virtual...
Vedanta increases its aluminium ingot and product prices by INR1500/t after two consecutive declines
Vedanta Limited has increased its aluminium ingot and aluminium product prices with effect from Tuesday, September 29, following two consecutive declines on September 18 and 24. Vedanta is now selling its aluminium ingot at INR 145,750-158,750 per tonne, up by INR 1,500 per tonne or 1 per cent from...
World alumina production grows 2.6% year-on-year to 11.366 million tonnes in August 2020: IAI
According to the latest data released by the International Aluminium Institute, world alumina production in August 2020 stood flat at 11.366 million tonnes, following a hike of 3.1 per cent from 11.029 million tonnes in June to 11.367 tonnes in July 2020. On a year-on-year basis, the output in...
NALCO further reduces its aluminium ingot price by nearly 2% with effect from September 25
National Aluminium Company Limited (NALCO) has extended its aluminium ingot and aluminium product price cut two weeks later with effect from September 25. NALCO’s aluminium ingot price is now standing at INR 145,250-148,750 per tonne, down by INR 2,600 per tonne or 1.8 per cent from INR 147,850 –...
LME aluminium price grew significantly by $28.5/t to $1737/t; SHFE price extended hike to $2113/t
The dollar pulled back from a two-month high against a basket of currencies on Monday, September 28, as equities rallied after four straight weeks of declines ahead of a slew of economic data and political developments in the United States. Three-month LME aluminium settled 1.28 per cent firmer at...
