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.
A00 aluminium ingot price shrinks by RMB40/t after two consecutive hikes; Aluminium alloy(A356) price down by RMB50/t
On Thursday, August 29, A00 aluminium ingot price in China has declined by RMB 40 per tonne to RMB 14,730 per tonne, following two consecutive hikes from RMB 14,700 per tonne to RMB 14,770 per tonne, according to the data found by Shanghai Metals Market. Week-on-week, the price is down by RMB 60...
Rusal decides to quit aluminium trading joint venture in South China: Sources
Rusal, the world’s second largest aluminium company by primary production, has decided to step down from the aluminium trading joint venture in southern China, partly due to concerns over lower sales volume, said three sources with knowledge of the matter. Two of the sources also said that the...
Indian aluminium producers taking various measures to check imports, working on new products to substitute overseas items
Domestic primary aluminium producers in India, like Hindalco Industries and Anil Agarwal-led Vedanta Limited, are on their toes to bring down the country’s aluminium imports. They are working with the government at three levels – primary aluminium, secondary, and downstream products. Besides...
ASI certifies ALVANCE Aluminium Dunkerque with Performance Standard Certification
Aluminium Stewardship Initiative has acknowledged ALVANCE Aluminium Dunkerque with its Performance Standard certification for smelting and casthouse operation. The plant produces aluminium by electrolysis of alumina in the form of rolling slabs and ingots. The news came after ASI announced that it...
JNARDDC develops CRM of aluminium metal under India’s Self-Reliant initiative
According to a recent report, Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur has created Certified Reference Material (CRM) of aluminium metal for indigenous use, in line with the Government’s self-reliant initiative. CRM is used for quality control and for...
LME aluminium price edged lower at $1733/t amid continued decline in opening stock; SHFE price extended rise to $2130/t
The dollar dipped on Tuesday, August 25, as investors waited on comments from Federal Reserve Chairman Jerome Powell about the US central bank’s policy framework review, and after data showed improving German business morale. Three-month LME aluminium settled 0.51 per cent higher at US$ 1,779 per...
Aluminium operating rates in China improved by 0.2 percentage point last week owing to new alloy capacity : SMM
According to the Shanghai Metals Market, operating rates across major aluminium processors last week increased by 0.2 per cent point to 77.3 per cent, attributing to the commissioning of new capacity at primary aluminium alloy producers. Demand for aluminium foil remained strong, while orders at...
US aluminium crude metals and alloys imports from Argentina remained flat in May 2020 after a sharp hike in April
According to the latest data shown by the US Geological Survey, the United States’ imports of aluminium crude metals and alloys from Argentina remained flat month-on-month in May 2020 at 18,400 tonnes. In April, the imports totalled 18,700 tonnes, following a sharp downfall in March from 12,800...
China’s automobile production grows 46.4% Y-o-Y during early August’20, but edges lower by 16% M-o-M: CAAM
China Association of Automobile Manufacturers (CAAM) found a month-on-month decline of 15.8 per cent in automobile production by 11 key Chinese automakers during early August. According to the data revealed by CAAM, automobile output stood at 1.11 million units, which was, however, higher by 46.4...
Primary aluminium production grows 3.7% M-o-M in West Europe and 2.7% in East & Central Europe during July'20
Primary aluminium production in West Europe rebounded in July 2020 by 10,000 tonnes month-on-month or 3.66 per cent to stand at 283,000 tonnes, found the International Aluminium Institute. In June 2020, the output in West Europe was 273,000 tonnes, declining 11,000 tonnes or 3.87 per cent from...
A00 aluminium ingot price grows to RMB14750/t; Input costs remain muted except a plunge in Australian alumina FOB price
According to the Shanghai Metals Market, the A00 aluminium ingot price has recorded a rise of RMB 50 per tonne to stand at RMB 14,750 per tonne on Tuesday, August 25, following a downfall on the previous day from RMB 14,840 per tonne to RMB 14,700 per tonne. The average prices are expected to range...
EGA acknowledged second time as ‘Global Aluminium Supplier of the Year’ by Maxion Wheels
Emirates Global Aluminium has been heralded for the second time as ‘Global Aluminium Supplier of the Year’ by Maxion Wheels, the world’s leading wheel manufacturer of aluminium and steel for passenger, commercial, and specialty vehicles. Maxion Wheels has been using EGA’s aluminium since 1995 for...
ABx completes 33,405 tonnes of cement-grade bauxite shipment from Bald Hill mine
Last week, on August 20, Australian Bauxite Limited (ABx) announced that it completed the shipment of its most recent sale of 33,405 tonnes of cement-grade bauxite from Bald Hill bauxite mine near Campbell Town, Tasmania. The firm said the loading at the Bell Bay port commenced on Monday, August...
China’s aluminium imports jumped sevenfold Y-o-Y to stand at 391,297 tonnes in July 2020: Customs data
China, the world’s top exporter of aluminium, turned net importer for the first time in July 2020 since 2009. The country’s aluminium imports during the said month jumped nearly sevenfold year-on-year to record the second-highest level, found China customs data. Arrivals of unwrought aluminium and...
LME aluminium price decreases by $30/t after three consecutive rises, SHFE edges lower at $2115/t
The US dollar on Friday gained against the euro for the first week since mid-June after data showed a strong uptick in US business activity, while the single currency was held down as an August batch of European business surveys pointed to a stuttering economic recovery. Three-month LME aluminium...
MELD additively manufactures 3.05m aluminium cylinder, a milestone in the metal additive manufacturing industry
MELD Manufacturing Corporation, Christiansburg, Virginia, USA, has announced that it has additively manufactured a 3.05 metre (10 ft) diameter aluminium cylinder, which has potential to demonstrate the scalability of open-air MELD process. MELD is a patented, solid-state process for additive...
India should tap domestic aluminium potential and curb imports in line with self-reliant programme: FIMI
On Friday, August 21, Federation of Indian Mineral Industries (FIMI) said the country should check its aluminium imports and make use of “rich and almost inexhaustible” domestic resources instead, in line with the government’s self-reliant vision. The domestic aluminium consumption is expected to...
North America’s primary aluminium production gains 3% Y-o-Y, while output in South America declines 16% in July’20
According to the latest data revealed by the International Aluminium Institute, primary aluminium production in North America grew by 3,000 tonnes or 1 per cent in July 2020 to stand at 333,000 tonnes. In the month earlier (June), the output of primary aluminium in North America was 330,000 tonnes,...
