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.
Reimplementation of 10% tariffs on Canada’s unalloyed aluminium exports would be a wrong move by US: Kirsten Hillman
Canada suggests the United States be patient about determining whether to reimpose aluminium tariffs. In response to the United States’ allegations that the raw aluminium exports from Canada to the US have surged ever since the tariffs were lifted in May 2019, Canadian Ambassador Kirsten Hillman said there was an increase in the production of unalloyed or raw aluminium as producers were asked to shift their production from value-added products to primary aluminium amid a drop in aluminium alloy demand due to the COVID-19 pandemic. Hillman believes the demand will rebounce as the auto industry and other manufacturing sectors will come back online. According to her, the situation will rectify itself in the coming months. “Let’s take a little time to see how this settles out and make sure...
Land Rover adds new engines to its latest Range Rover models suitable to modular aluminium engine architecture
Land Rover has reportedly added new engines for its Range Rover and Range Rover Sports models, based around Jaguar Land Rover’s modular aluminium engine architecture. According to the report, a new family of 3.0-litre straight-six Ingenium diesel engines and a range of desirable special editions including the Westminster, Westminster Black Edition, and an exclusive SVAutobiography Dynamic Black have been added to the recently announced Range Rover Fifty celebratory model. The new generation of 3.0-litre straight-six Ingenium diesel engines have been developed in-house for reduced fuel consumption and heightened refinement. They are smoother and more refined, featuring advanced 48V mild hybrid technology to meet any strictest global emissions regulations. The engines also include the Real...
India’s alumina imports to decline by 4% in CY2020 in line with its measures to minimise overseas dependence
According to the global export-import data, India’s alumina imports in CY2020 are estimated to stand at 2.27 million tonnes, down by 4.22 per cent from 2.37 million tonnes (approx.) in 2019. In 2018, India had imported 2.69 million tonnes, meaning the country’s alumina imports in 2019 stood down by 11.90 per cent from the previous year. The above data indicate that India’s alumina imports this year are estimated to drop from the preceding year but at a lower rate. In tandem with the decline in India’s total alumina imports, the country’s imports from Australia are also expected to stand lower at 682,436 tonnes compared to 1.10 million tonnes in 2019. This means India’s alumina imports from Australia in 2020 are likely to decline sharply by 99 per cent year-on-year. In 2018, India’s...
Vedanta reduces aluminium ingot price by 1.50% to INR140000-153000/t w.e.f July 17
According to the latest update, Vedanta Limited has cut its aluminium ingot and product prices with effect from today, July 17, following three consecutive hikes during July 8-10. The company’s aluminium ingot price is now ranging between INR 140,000-153,000 per tonne, down by INR 2,250 per tonne or 1.58 per cent from INR 142,250-155,250 as of July 10. After the latest price cut, Vedanta is now selling its aluminium billet at INR 148,000 per tonne, also a decrease of INR 2,250 per tonne or 1.50 per cent from INR 150,250 per tonne on July 10. With the latest cut, Vedanta’s aluminium wire rod price is hovering at INR 147,500-155,000 per tonne. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on the London Metal Exchange, which from...
LME aluminium price edged lower by $24/t on US dollar rise after four consecutive days of losses; SHFE extended decline
The US dollar rose on Thursday, July 16, while global stocks fell, as investors reacted to a mixed batch of economic data out of China and the US. The US dollar index, which measures the currency against a basket of rivals, gained 0.29 per cent to 96.250, after four consecutive days of losses. Three-month LME aluminium fell for a third straight day on Thursday, shedding 0.6 per cent to US$1,668.5 per tonne. It is likely to move between US$ 1,650-1,690 per tonne today. As of Thursday, July 16, LME aluminium cash (bid) price and LME official settlement price sharply declined by US$ 24 per tonne from US$ 1651 per tonne on July 15 to US$ 1627 per tonne. 3-months bid price and 3-months offer price stood at US$ 1660.50 per tonne, down by US$ 25.5 per tonne from US$ 1686 per tonne on the...
Elvis & Kresse aspires to build sustainable fashion accessories from recycled aluminium cans
Multi-award winning fashion accessories brand Elvis & Kresse is reportedly working with a group of researchers from Queen Mary University of London’s School of Engineering and Materials Science on a project to recycle aluminium drink cans into zips and buckles, in a bid to drive forward sustainable innovation within the fashion industry. Elvis and Kresse, which is known to transform reclaimed material into luxury lifestyle accessories, looks forward to recycle some of the millions of aluminium cans, hoping to provide a green solution for aluminium can recycling that otherwise litters the United Kingdom each year. This project has been funded as part of a £1.2 million (US$1.5m) award from the Business of Fashion, Textiles and Technology (BFTT) programme. It will involve designing and...
Chinese aluminium billet inventories expand week-on-week decline to stand at 65,000 tonnes
Aluminium billet inventories in China have continued to shrink over the week ending on Thursday, July 16, marking the second consecutive week-on-week fall, found Shanghai Metals Market. According to SMM, aluminium billet inventories today have declined due to high deliveries amid limited arrivals of stocks. The inventories of 6063 aluminium billets have decreased by 7,300 tonnes from the week earlier to stand at 65,000 tonnes. Week-on-week, the decline has expanded by 6,300 tonnes from the earlier drop of 900 tonnes on July 6 to come in at 72,300 tonnes. The chart below indicates the current status of aluminium billet inventories across China in more details: In Foshan, the aluminium billet inventories have declined by 4,100 tonnes to stand at 20,600 tonnes, while that in Wuxi and...
US aluminium extrusion imports from Canada jump 40% M-o-M in March 2020, imports in Q1 up by 49% Y-o-Y
According to the US Geological Survey, the United States’ aluminium crude metals and alloys imports from Canada surged by 40 per cent month-on-month in March 2020. From 145,000 tonnes in February, the US aluminium crude metals and alloys imports jumped to 203,000 tonnes in March, found the data. In January, the country had imported 213,000 tonnes of aluminium extrusion products, meaning February saw a month-on-month downfall of 31.92 per cent. The imports in January were also down from its previous month from 229,000 tonnes to 213,000 tonnes. The data thereby indicates a rise in March imports after two consecutive months of decline. On a year-on-year basis, the US imports in March 2020 saw a hike of 49.26 per cent from 136,000 tonnes. The United States accumulative aluminium extrusion...
New Zealand Mayors and Business Leaders vow to save Tiwai Point Aluminium Smelter from closing down
Deputy Prime Minister of New Zealand Winston Peters is determined to continue fighting for the Tiwai Point aluminium smelter. He said in a meeting on Thursday morning, “I began saying this in 2011 and I’m saying it now stronger than ever that this enterprise has got to be saved.” He has been supporting the idea of a Tiwai worker/management buy-out for almost last 10 year. In 2011, he told the Tiwai workers ‘you guys are going to have to shape up and save yourselves, because you are being taken for a ride by the owners,’ upon his visit to the smelter. But the union delegate and Tiwai staff member Cliff Dobbie said there was no chance of a management or worker buyout. He said the concept had not been brought up with staff and wouldn't be economically viable. The meeting is being attended by...
A00 aluminium ingot price extends decline to RMB14530/t; Premium spot price grows by RMB250/t on brisk trading
According to the Shanghai Metals Market, the A00 aluminium ingot price has expanded its downfall than the previous day by about RMB 170 per tonne to stand at RMB 14,530 per tonne, as of Thursday, July 16. Yesterday, the price fell by RMB 120 per tonne, and today, it declined by RMB 290 per tonne. The average prices are expected to range between RMB 14,510 per tonne and RMB 14,550 per tonne, with spot contract to be traded at a premium price RMB 230-270 per tonne, up by RMB 250 per tonne, following a restraint last day. The growth in spot aluminium premiums could be attributed to the enthusiastic purchase by downstream consumers to replenish their stocks due to the lowering trend of the primary aluminium price. Today, Chongqing has seen the highest downfall in the aluminium ingot price of...
Royal Huisman delivers the world’s largest aluminium sailing vessel Sea Eagle II
The world’s largest aluminium three-masted schooner Sea Eagle II has been successfully delivered by Royal Huisman and is now on the way to Mediterranean. Designed by Dykstra Naval Architects and Mark Whiteley, Sea Eagle II comes with an impressive plumb bomb and modern Panamax rig by Rondal, which have made her powerful and recognisable all over the world. The yacht, with the length of 81 metre/ 266 feet, is the largest yacht built at Royal Huisman’s shipyard. It joins another Huisman-built schooner called Athena in the top 10 ranking of the world’s largest sailing yachts. Sea Eagle II has been designed and built to operate in a testing ocean environment. It is the culmination of performance, luxury, and reliability, backed by the expert shipyard team with their commendable advice,...
Aodeli Australia reveals new product catalogue featuring existing and new aluminium facade panels
Last week, on July 8, Aodeli Australia reportedly unveiled its latest product catalogue featuring non-combustible panel (NCP), solid aluminium panel (SAP), and new editions of aluminium decorative panel (ADP) and aluminium perforated panel (APP). The new product catalogue offers a full overview of each product to help customers choose the right solution for their distinct projects. Besides, the catalogue provides unique design solutions and go-to design flexibility options that could be achieved with Aodeli's panels. The company’s aluminium decorative panel and aluminium perforated panel are produced from premium grade aluminium and are fully compliant with Australian standards and the NCC. The new panels are easily fabricated compared to any standard façade panels. For instance, they can...
“Industry 4.0”: A key for surviving the COVID-19 Pandemic
Just when the Industry 4.0 was creating a buzz in the aluminium industry, inspiring smelters and plants to integrate digitalization in their operations management, the COVID-19, also known as the novel coronavirus, made its emergence on the earth causing a pandemic and slowing down lives and livelihoods. The virus has caused radical shifts in workflows all across the globe as millions are practising social distancing and/or complying with self-quarantine recommendations. But while downsizing many industries, the pandemic’s dramatic appearance is believed to have accelerated numerous trends on the other hand, such as “Industry 4.0”. The term Industry 4.0 is used to describe the extensive use of digitalisation in an industrial environment. It covers the current systems and technologies for...
Lindian identifies high alumina grade maiden resource for Bouba Plateaux at Gaoual Bauixte Project
According to a recent report, Lindian Resources has spotted a readily mineable maiden resource with high alumina grade for the Bouba Plateaux at its Gaoual Bauixte Project in Guinea. The resource, first estimated by Cube Consulting, was based on 874 metres of drilling from 131 shallow holes. The total JORC compliant resource stands at 102 million tonnes, with 49.8 per cent aluminium oxide, and includes high-grade areas of 84 million tonnes at 51.2 per cent aluminium oxide. Additional digestion test work had also been conducted, which confirmed the presence of silicon dioxide content as fine-grained quartz. Simple screening could reduce the silicon dioxide content and increase the aluminium oxide content with a minimal loss of tonnage. Lindian Resources chairman Asimwe Kabunga said, "I am...
LME aluminium price trended down to $1640 per tonne; SHFE price slipped by $9/t
The US dollar fell to its lowest in more than a month against a basket of rivals on Tuesday as stocks on Wall Street gained. Three-month LME aluminium eased 0.44 per cent to US$1,682.5 per tonne on Tuesday in choppy trading. It is likely to move between $1,670-1,710 per tonne today. As of Tuesday, July 14, LME aluminium cash (bid) price and LME official settlement price decreased from US$ 1664.50 per tonne to US$ 1640 per tonne. 3-months bid price and 3-months offer price stood at US$ 1675 per tonne, down by US$ 20.5 per tonne from US$ 1695.50 per tonne on the previous day. Dec 21 bid price and Dec 21 offer price came in at US$ 1757 per tonne compared to US$ 1779 per tonne on Monday, July 13. The LME aluminium opening stock declined from 1674900 tonnes to 1669550 tonnes. Live Warrants...
Alba setting new trends during COVID-19, adopting virtual platforms for employees training and development
Aluminium Bahrain B.S.C (Alba), the world’s largest aluminium smelter outside China, has reportedly adopted virtual platforms for employees training and development to set a new standard in response to the norms of social distancing during COVID-19. Alba’s Chief Executive Officer Ali Al Baqali said, “COVID-19 has dramatically changed the global training & education sector, giving a distinctive rise to virtual platforms. As we find our balance in the new norm, Alba has reshaped its training and development programmes so that our people continue to learn and grow, which in turn will help Alba stay ahead of the curve.” Training & Development has always been one of Alba’s top priorities. So, without compromising on that, the company’s Human Resources & Training Department has quickly made a...
US aluminium scrap exports to Malaysia jump 88% in Q1’20, export in March grows M-o-M after two months of decline
The United States, in the first quarter of 2020 (January-March), exported 73,400 tonnes of aluminium scrap to Malaysia, according to the latest US Geological Survey data. Year-on-year, the export recorded a hike of 88 per cent from 39,100 tonnes. In March 2020, the country exported 24,400 tonnes of scrap to Malaysia, 8.4 per cent higher than 22,500 tonnes month-on-month. On a yearly basis, the export stood up by 60.52 per cent from 15,200 tonnes. In February, however, the aluminium scrap export from the United States to Malaysia stood down by 15.1 per cent from 26,500 tonnes in January. While in December 2019, the US exported 32,500 tonnes to Malaysia, the export in January experienced a month-on-month decrease of 18.46 per cent. So, the above data demonstrate the fact that the United...
TMC Lifting Supplies adds new Lite aluminium outrigger support mats to its Power-Pad range
TMC Lifting and Engineering Supplies, one of the leading suppliers of Lifting Equipment to the UK and International industry, has reportedly added new Lite aluminium outrigger support mats to its Power-Pad range. The new outrigger support mats are manufactured from high-grade aluminium, having a depth of 100mm with a 50mm base layer of Etha foam ground protection. They are light in weight with only 68kg per square metre, and therefore, can be easily transported, according to TMC. The company said a set of four mats measuring 2.5 by 1.8 metres could be transported by most 3.5 tonne flatbed trucks or cranes without exceeding axle weights. The mats, designed and fabricated at TMC’s facility in Peterborough, are available in a variety of sizes, featuring integrated corner mounted lifting eyes...
