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.
NALCO adding new wind power capacity of 25.5 MW to its existing wind energy portfolio of 198.4 MW
According to a recent report, National Aluminium Company has initiated the process of increasing its wind portfolio to 223.9 MW by adding 25.5 MW of new wind power capacity to renewable energy portfolio. The news came after Nalco’s Chairman and Managing Director Sridhar Patra said in a report that...
India keen to implement stringent regulations on imported auto parts to boost local manufacturing
Foreign automakers are reportedly seeking delays and exemptions to India’s new quality rules for imported auto parts. According to them, regulations on imported auto parts will increase the costs of finished products, hurt sales, and disrupt the overall supply chains, said the sources with direct...
LAlumina LLC laying off more than 300 employees and seeking new buyer for the facility
According to a recent report, LAlumina LLC is close to the process of employee retrenchment due to the continued economic challenge, as was announced months ago. The news came after former acting plant manager Peter Odgers said the process of laying off more than 300 employees is nearly completed....
LME aluminium price edged higher at $1743.5/t on continued fall in opening stock; SHFE up by $9/t
On the London Metal Exchange, nonferrous metals finished in negative territory on Thursday, September 11, with aluminium slipped by 0.31 per cent. LME aluminium cash (bid) price and LME official settlement price stood at US$ 1743.50 per tonne on September 10, up by US$ 3.50 per tonne from US$ 1740...
India to frame stringent policies to curb aluminium and copper imports, especially from China: Sources
According to a recent report, India is planning to raise surveillance and develop policies that would curb aluminium and copper shipments from China and other Asian nations and protect domestic producers. The news came after two government sources and an industry official familiar with the matter...
Aluminium billet inventories build up 3,400 tonnes over the week due to higher stock arrivals
Shanghai Metals Market data shows aluminium billet inventories in China have gained 3,400 tonnes over the week ending on Thursday, September 10, on increased arrivals of stocks to warehouses. According to the data, inventories are standing at 63,600 tonnes versus 60,200 tonnes last Thursday,...
Alba hosts virtual ‘Market Update’ sessions to apprise customers about its latest developments during COVID-19
In the wake of the COVID-19 pandemic, Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, has taken a first-of-its-kind initiative by hosting virtual ‘Market Update’ sessions with its customers worldwide. Organised in cooperation with CRU, the virtual sessions took...
Australian mineral water brand Calm & Stormy initiates a shift from single-use plastic bottles to aluminium cans
Australian mineral water brand Calm & Stormy has reportedly introduced aluminium can packaging as an alternative option to single-use plastic bottles. According to the report, the company’s aluminium can packaging contains 70 per cent recycled content. Calm & Stormy believes aluminium cans are the...
Capral Limited – a new member in the Australian Aluminium Council
According to a recent report, Capral Limited, Australia’s largest extruder and distributor of aluminium products, has joined the Australian Aluminium Council. The news came after the latter announced that it welcomed Capral as a new member, highlighting the growing importance of end-to-end domestic...
Alumina price in China declines by RMB13/t after remaining restrained for a day, A00 aluminium ingot price shows no change
According to Shanghai Metals Market, the average alumina spot price in China has recorded a plunge of RMB 13 per tonne to stand at RMB 2,333 per tonne on Thursday, September 10, following a restraint at RMB 2,346 per tonne on the earlier day. In Shanxi and Shandong, the price has declined by RMB 20...
Nissan celebrates 'World EV Day' producing 500,000th of its 100% electric car Nissan LEAF
The world is celebrating its first-ever 'World EV Day' on September 9, and to commemorate the occasion, Nissan has announced a major milestone of producing its 500,000 th Nissan LEAF, the world’s first mass-market 100 per cent electric car. With half billion LEAF built globally, customers around...
US aluminium semis imports rebounded to 74,500 tonnes in June 2020; Total imports in H1 edged lower by 40% Y-o-Y
According to the latest data shared by the US Geological Survey, the United States aluminium plates, sheets and bars imports rebounded to 74,500 tonnes in June 2020. In May, the country imported 68,500 tonnes, declining by 6,000 tonnes from April. The US imports in June saw an increase of 8.76 per...
LME aluminium price closed lower at $1744/t; SHFE aluminium plunges to $2117/t
The safe-haven dollar climbed to a four-week peak on Tuesday, September 8, led by gains versus sterling on renewed worries about Brexit and as risk appetite waned with a sell-off on Wall Street. Three-month LME aluminium rebounded from an intraday low of US$ 1,775 per tonne to close 0.14 per cent...
China’s alumina production records a mere growth of 1% to 5.97 million tonnes in August 2020
The latest data of Shanghai Metals Market showed that China’s alumina production in August 2020 stood at 5.97 million tonnes, including 5.76 million tonnes of metallurgical-grade alumina. This marked a slight growth of 1 per cent in comparison to the output of 5.7 million tonnes of...
China’s primary aluminium output up by 6.13% Y-o-Y to 3.19 million tonnes: SMM
According to the latest report revealed by the Shanghai Metals Market, China’s primary aluminium production recorded a rise of 6.13 per cent year-on-year to stand at 3.19 million tonnes in August 2020. As of the end of August, the country had 37.62 million tonnes of capacity in operation among...
Metro’s shipment from Bauxite Hills Mine continues to increase amidst slow mining activities
Even amidst the slowdown in mining activities at the Bauxite Hills Mine, Queensland, in the wake of the COVID-19 pandemic, Metro Mining Limited has not witnessed any dive in its shipments. Rather the company’s shipments have continued to grow, having August shipping rates returned to the levels...
Alcoa to work with FYI Resources to advance high purity alumina development
FYI Resources has reportedly signed a memorandum of understanding (MoU) with Alcoa of Australia to advance the development of high purity alumina (HPA) refining technologies. FYI has already started developing a process for producing high-quality HPA in the face of a limited supply of the product....
Average alumina spot price declines for the second consecutive day to RMB2346/t; A00 aluminium ingot price remains muted
Average alumina spot price in China has recorded a plunge from RMB 2,354 per tonne to RMB 2,346 per tonne, as of Tuesday, September 8, found the Shanghai Metals Market. This marks the second consecutive day of decline following a week-long restraint at RMB 2,360 per tonne during August 28-September...
