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.
Canada’s aluminium scrap exports to US surge by nearly 300% Q-o-Q in Q2 2020, but both the countries drop their tariff plans
According to the latest data shown by the US Geological Survey, Canada exported 157,000 tonnes of aluminium scrap to the United States in the first half of 2020 compared to 190,000 tonnes during the same period last year. This means Canada’s aluminium scrap exports to the US dwindled by 17.37 per...
China’s primary aluminium inventories decline by 24,000 tonnes W-o-W after two consecutive weeks of rise
According to the Shanghai Metals Market, social inventories of primary aluminium ingots in China have shrunk by 24,000 tonnes this week ending on Thursday, September 17. The inventories have dwindled across eight major consumption areas in China, including SHFE warrants, to stand at 740,000 tonnes,...
China’s aluminium plate and strip operating rates increase to 68.6% in August on the rise in demand for domestic products
The Shanghai Metals Market survey found that operating rates at aluminium plate and strip producers stood at 68.6 per cent in August, rising by 0.46 percentage point from the month earlier. However, on a year-on-year basis, the operating rates stood down by 1.76 percentage points, according to SMM....
AlCircle setting new virtual trends during COVID-19 by presenting first-of-its-kind online “Global Aluminium Expo 2020”
Difference between the virtual and real world has almost waned over the years due to the increasing influence of digitalisation. The presence and impact of digitalisation have been more so felt during the COVID-19 pandemic when direct human interaction, or for that matter intervention, is limited....
Three-month LME aluminium fell from an intraday high to close at $1789.50/t; SHFE price decreased to $2139/t
On Wednesday, September 16, three-month LME aluminium fell from an intraday high of US$ 1,804.50 per tonne to close at an intraday low of US$ 1,789.50 per tonne. It is likely to fluctuate between US$ 1,770-1,820 per tonne today. LME aluminium cash (bid) price and LME official settlement price...
Chinese secondary aluminium operating rates continue to grow in August gaining 2.8 percentage points M-o-M
According to the latest data shared by the Shanghai Metals Market, China’s secondary aluminium producers operating rates gained 2.8 percentage points month-on-month in August to stand at 53.1 per cent. However, on a year-on-year basis, the operating rates fell by 3.4 percentage points. In July,...
Quebec’s political leaders and aluminium industry players are happy with US decision of cancelling tariffs
Quebec’s political leaders and aluminium industry players wholeheartedly welcomed the US decision of cancelling the 10 per cent tariff on primary aluminium ingots from Canada, according to a report on Tuesday, September 15. “Very good news for the Quebec’s aluminum producers,” tweeted Pierre...
Emirates Global Aluminium resumes hiring young UAE Nationals for operational areas in smelters and power plants
Emirates Global Aluminium announced on Tuesday, September 15, that it resumed hiring young Emirati talent for technical roles through its National Training programmes, following a pause due to the COVID-19 pandemic. Since July, Emirates recruited some 21 young Emiratis as the first batch of new...
China’s unwrought aluminium alloy imports soared by 706% in H1 2020 with the hike in June imports by over 750% Y-o-Y
China's unwrought aluminium alloy imports in June 2020 increased by 88.3 per cent month-on-month and 754.5 per cent year-on-year to stand at 131,000 tonnes, in contrast to the downfall in exports, according to the latest China customs data. With this hike in imports, China secured total 466,500...
A00 aluminium ingot price grows for the second day in a row to RMB14680/t; Aluminium alloys(ADC12) price jumps by RMB150/t
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a hike for the second consecutive day by RMB 70 per tonne to stand at RMB 14,680 per tonne on Wednesday, September 16. The average prices are expected to range between RMB 14,660 per tonne and RMB 14,700 per tonne, with...
Chalco’s Huasheng alumina refinery begins trial production, expects to reach up to 50,000 tonnes output in Sept
Huasheng alumina refinery, located at Fangchenggang Port, Guangxi, started trial production on September 10, having come online in August, said several sources to Fastmarkets on Monday, September 14. The commencement of trial production at Huasheng refinery followed after Chalco received a license...
GFG Alliance striving to find solution for San Ciprián aluminium smelter, expecting guaranteed sources of power and alumina
GFG Alliance is committed to aid Alcoa’s troubled San Ciprián aluminium smelter in northwest Spain and is confident to find a solution for the smelter’s long-term sustainability if sources of power and alumina are guaranteed, said Jay Hambro, GFG’s Chief Investment Officer. In early August, GFG...
LME aluminium price climbed up by US$2.5/t to stand at US$1749/t; SHFE increased to US$2146/t
The US dollar slipped on Monday, September 14, against its major peers, dropping to a two-week low versus the yen, as positive news about a COVID-19 vaccine and a wave of merger and acquisition deals lifted the mood in global equity markets. Three-month LME aluminium ended 1.52 per cent higher at...
Chinese aluminium processors operating rates up 0.3 percentage point W-o-W driven by higher demand from automobile sector
Last week during September 7-11, operating rates across major aluminium processors increased by 0.3 percentage point on a weekly basis to stand at 77.7 per cent, attributing to further recovery in orders for aluminium plate/sheet, strip, foil, primary and secondary aluminium alloy from the...
Canada to roll out multibillion-dollar counter-tariffs on American aluminium products on Sept 16
According to a recent report, Canada will roll out its planned multibillion-dollar counter-tariffs on American aluminium products within the next few days. The news came after officials in Ottawa and at the Canadian embassy in Washington confirmed that the previously threatened retaliatory tariffs...
China’s Envision aims to build a new EV battery factory in France by late 2023
Chinese renewable energy group Envision is now eyeing France to build a battery factory to cater to the growing electric vehicle market, according to the news reported by French newspaper Journal du Dimanche (JDD) on Sunday, September 13. The company, which has battery production plants in Japan,...
Aluminium alloys(ADC12) price grows second day in a row by RMB100/t despite a drop of RMB30/t in A00 aluminium ingot price
On Monday, September 14, aluminium alloys (ADC12) price has extended its growth by RMB 100 per tonne from RMB 14,200 per tonne to RMB 14,300 per tonne, despite the plummet in A00 aluminium ingot price, according to the Shanghai Metals Market. The average aluminium alloys (ADC12) prices are expected...
Tesla to source 8 Gigapress Machines from IDRA for its move to replace robots with aluminium casting machines: Sources
According to Tesmanian and Reuters report, the new Tesla car factory in Brandenburg, Germany, may source eight Gigapress Machines from IDRA, specialised in diecasting machines, for the production of a single module aluminium diecasting. The single module aluminium diecasting will replace 70...
