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.
Aluminium ingots inventories in Guangdong province in China to see decline in near term on brisk consumption
Aluminium ingots inventories in South China’s Guangdong province stood at 243,400 tonnes, as of April 30, down 191,400 tonnes or 44 per cent from a month earlier. Record-high shipments from warehouses and strong consumption amid low arrivals of stocks were the two primary reasons behind the dip in inventories. SMM data showed that around 282,700 tonnes of aluminium ingots were shipped from Guangdong warehouses in April, up 81.21 per cent month-on-month and 49.58 per cent year-on-year. This recorded the highest level over the past five years. Better-than-expected orders from downstream consumers and lower prices of ingots prompted the higher consumption of aluminium ingots. Meanwhile, arrivals of aluminium ingots plunged 65.06 per cent from a month ago to 91,300 tonnes in April, owing to...
LME aluminium extended growth to US$1443/t on lower opening stock; SHFE increased to US$1816/t
The US dollar continued to rebound on Wednesday, as investors turned to the safe-haven currency in the wake of dire global economic data. The greenback advanced to its highest in more than a week against a basket of major currencies. Three-month LME aluminium came off after climbed, closing down 0.5 per cent on the day at US$ 1,482.5 per tonne. Concerns about the strength of demand recovery may limit any upward momentum in LME aluminium. As of Wednesday, May 6, LME aluminium cash (bid) price as well as LME official settlement price extended growth from US$ 1438.5 per tonne to US$ 1443 per tonne. 3-months bid price and 3-months offer price also increased from US$ 1479.5 per tonne to US$ 1481 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1609.5 per tonne, up US$ 5 per...
US aluminium scrap exports to China grow 8.6% M-o-M in February, but down 70% Y-o-Y
The US Geological Survey showed the United States’ aluminium scrap exports to China grew in February 2020, following the jump in the previous month. In February, the US exported 11,400 tonnes of aluminium scrap to China, up 8.6 per cent from January. The country’s exports in January were 10,500 tonnes after registering a surge of 255 per cent from 2,960 tonnes in December 2019. In November 2019, the US aluminium scrap exports to China were 5,400 tonnes, meaning the exports in December declined 45 per cent month-on-month. The United States in the first two months of the year exported 22,000 tonnes in total, up 163 per cent from the export amount of 8,360 tonnes in November and December. <iframe width="500" height="300" src="https://www.youtube.com/embed/cpBb5KDsVeM" frameborder="0"...
Know full details of Heesen’s in-build 50 metre 5000 aluminium superyacht Project Altea
The Dutch shipyard Heesen Yachts has reportedly presented the full details of its in-build 50 metre 5000 aluminium superyacht Project Altea. Project Altea is the latest all-aluminium yacht from Heesen and sistership to the 49.8 metre hybrid motor yacht Home . In Frank Laupman’s Omega Architects’ words “Altea features contemporary exterior design characterised by floor-to-ceiling windows.” According to Heesen director of sales and marketing Mark Cavendish, Project Altea’s exterior is one of Heesen’s best, owing to the sheet amount of structural glass. There are floor-to-ceiling windows in the main saloon, the owner’s cabin, and in the upper saloon. Elsewhere, Altea features unique spray rails, a fast displacement aluminium hull form with a shallow draft of 2.15 metres. The yacht features a...
Chongqing Hanlir’s aluminium alloy component project soon to start production
A 4,000 tonnes per year aluminium alloy component project of Chongqing Hanlir Machinery Manufacturing will reportedly commence soon as its Environmental Impact Assessment Report has been approved and published by the government of Jiangjin District, Chongqing, on April 29. The construction of the project was over in November last year, and the public announcement period is between April 29 and May 14. The total investment required for the project was RMB 50 million and an additional RMB 500,000 in environmental protection. The project is designed to produce die-casting parts and machining parts. So, the major products to be produced at this plant include automobile water pump, engine cover, engine oil pan, steering gear housing, spare parts for new energy vehicles, and other aluminium...
Ludhiana MC using poly aluminium chloride to treat wastewater at sewage treatment plant in Jamalpur
The Municipal Corporation of Ludhiana has reportedly started using poly aluminium chloride as part of a trial to treat the wastewater entering the sewage treatment plant in Jamalpur area. As per the Municipal Corporation officials, the trial started on April 29, and so far the results are encouraging. The black water flowing out of the plant has now diluted and biochemical oxygen demand (BOD) and chemical oxygen demand (COD) levels have improved. On Tuesday, Mayor Balkar Singh Sandhu directed the officials of the Municipal Corporation and Punjab Pollution Control Board (PPCB) to use poly aluminium chloride for the treatment when he visited the sewage treatment plant to assess the results of the trial. Mayor said, “The results of the trial are encouraging, but we need to check effects of...
A00 aluminium ingot price jumps RMB180/t over the extended weekend; Aluminium alloys prices also up significantly
After the extended weekend holiday in China for Labour Day, the Chinese A00 aluminium ingot price has inaugurated the week starting May 6 with a jump of RMB 180 per tonne to RMB 12,980 per tonne, learned Shanghai Metals Market. The average prices are expected to range between RMB 12,960 per tonne and RMB 13,000 per tonne, with spot contract to be traded at a premium price of RMB 50-90 per tonne. Linyi, among the major Chinese provinces, has seen the highest growth in A00 aluminium ingot price today of RMB 200 per tonne to stand at RMB 13,140 per tonne, followed by a rise of RMB 190 per tonne in Wuxi and Tianjin to RMB 12,980 per tonne and RMB 13,060 per tonne, respectively. In Foshan, Chongqing, and Shenyang, the A00 aluminium ingot price has increased by RMB 180 per tonne to respectively...
US aluminium plates, sheets and bars exports to Mexico drop 7.66% MoM in February 2020
According to the data shown by the United States Geological Survey, the country in February 2020 exported 24,100 tonnes of aluminium plates, sheets and bars to Mexico, in contrast to 26,100 tonnes exported in January 2020. This represents the fact that the country’s aluminium semi-finished exports to Mexico declined in February by 2,000 tonnes or 7.66 per cent over the month. In December 2019, the US aluminium semis exports to Mexico were 21,600 tonnes, whereas in November, were 25,500 tonnes, meaning the US exports to Mexico increased by 21 per cent in January following a decrease of 15.29 per cent in December 2019. The United States total aluminium plates, sheets and bars exports to Mexico during January-February 2020 stood at 50,200 tonnes, up 3,100 tonnes or 6.6 per cent from the...
Zhenjiang Shipyard delivers two series of pusher and towing tugs used for bauxite mining in Guinea
Zhenjiang Shipyard has reportedly completed building two series of pusher and towing tugs for a bauxite mining project in Guinea, Africa, as of May 3, after returning to full production in April following slower production in Q1 2020 due to COVID19 restrictions. In total, Zhenjiang Shipyard in Jiangsu province has completed 11 of those tugs, which are mainly used for bauxite mining in Guinea, part of China’s One Belt and One Road strategy of investment in ports, projects, and shipping. With the delivery of Yi Tuo (Yick Tug) 206 and 207 on May 3, the shipyard completes the COSCO Shipping Bulk Co's tug building project of 11 pusher and towing tugs. During March and April, Zhenjiang also tackled a backlog of five more 37-m pusher tugs Yi Tuo (Yick Tug) 103, 104, 203, 204, 205. Each of these...
An AlCircle exclusive interview with Dr Mario Conserva, President of the International Aluminium Exhibition METEF
AlCircle is honoured to have had an opportunity to interract with Dr Mario Conserva, who is associated with the aluminium sector since 1963. He is currently the President of the International Aluminium Exhibition METEF, General Director of the International Magazine A&L Aluminium & Alloys, and General Secretary of FACE, Federation of Aluminium Consumers Europe. Dr Conserva has shared with us about how the metal markets are being affected by the COVID-19 pandemic and what prospects we can expect for the aluminium sector this year. He has also shared his insightful thoughts on how to overcome this delicate moment. So, here is an excerpt from the interview: AlCircle: How have the metal markets been affected by Covid -19? Dr Conserva : Covid - 19 is an epochal tragedy that has fallen...
Grainger & Worrall’s “Next Generation” castings brings home Queen’s Award for the third time
Bridgnorth-based castings specialist Grainger & Worrall has received the prestigious Queen’s Award for Enterprise: Innovation in 2020 for its pioneering progress in developing “Next Generation” castings. According to the report, this is the third Queen’s Award received by Grainger and Worrall. The award acknowledges the company’s expertise and technology in casting design & simulation, materials development, digital sand printing, and dimensional & integrity validation to deliver the best castings service in the world. Grainger & Worrall CEO Matthew Grainger said: “We are exceptionally pleased to be recognised by the Queen’s Awards for Enterprise, especially as it is the third time we have received such an award and underlines our ongoing commitment to be a global leader within our...
LME aluminium started the week with lowered price at US$1437/t; SHFE closed for Labour Day holidays
Benchmark aluminium price on London Metal Exchange further dropped, although slower, to close at US$1437 per tonne on Monday, May 4, down 0.21 per cent from the previous day’s close at US$ 1440 per tonne. Both LME aluminium cash (bid) price and LME official settlement price extended their decline from US$1,440 per tonne to US$ 1,437 per tonne on Monday, May 4. 3-months bid price and 3-months offer price also decreased, but very marginally, from US$ 1477.5 per tonne to US$ 1477 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1601 per tonne compared to US$ 1600.50 per tonne on the previous day, meaning up by US$ 0.50 per tonne. LME aluminium 3-months Asian Reference Price totalled at US$ 1476.50 per tonne. SHFE Aluminium Price Trend The Shanghai Futures Exchange (SHFE) is...
Indian automotive industry urges government for operation restart
The Indian automotive industry has urged the government for permission to restart manufacturing operations, as it has recorded zero sales in the domestic market in the first month of FY2021. According to a report, the industry has been tentatively losing over INR 2,300 crore turnover a day since the nationwide lockdown started on March 24, 2020. So, in the total 55 days of lockdown period, given that it is extended till May 17, the total losses could be accumulated at INR 1,26,500 crore. As companies gear up to restart operations, apex industry bodies, Society of Indian Automobile Manufacturers (SIAM), Automotive Component Manufacturers Association of India (ACMA), and the Federation of Automobile Dealers Associations of India (FADA) have jointly written to the government, seeking...
NALCO’s aluminium prices further reduce with effect from May 1, 2020
National Aluminium Co Ltd has extended its aluminium price cut with effect from last Friday, May 1, 2020. The prices of aluminium ingots are now, thus, ranging between INR 135,150 per tonne and INR 138650 per tonne, in contrast to INR 142,150-145,650 per tonne, as of April 23. With the latest cut, the prices of aluminium billets are now hovering at INR 138850 per tonne to INR 141250 per tonne, down from INR 145,600 - 148,250 per tonne in the week ago. <iframe width="500" height="300" src="https://www.youtube.com/embed/px_UCmbtoHU" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on the London Metal Exchange....
HVG Facades adds new ZINTL cladding profiles to non-combustible premium interlocking aluminium cladding range
According to a recent report, HVG Facades has extended the range of their non-combustible premium interlocking aluminium cladding system by adding new profiles called ZINTL. The new ZINTL range of profiles will lend flexibility to the architects to mix and match profiles on a single elevation, allowing them to create unique interlocking aluminium cladding designs. Mixing various profile sizes will create an alternate appearance with interlocking cladding. ZINTL aluminium cladding offers high-performance and is available in a range of interlocking weatherboard profiles to suit any project. It is timelessly elegant and endures material that opens up a world of design possibilities. This new range of cladding system will also provide greater coverage of the wall, allowing quicker...
China’s alumina imports record a steep rise of 1147.1% in March 2020; Exports climb 88.18%
China, in March 2020, imported 338,600 tonnes of alumina, which was 1147.10 per cent higher than the imports in the same period last year, according to China customs data. Australia was the leading supplier in the said month, accounting for 159,770 tonnes of the total alumina imports by China. In the first three months of the year (January-March), China’s total volume of alumina imports amounted to 1.029 million tonnes, up 546.34 per cent from the corresponding period last year. As the availability of domestic alumina narrowed on the delayed resumption of production since the Lunar New Year Holidays, followed by the outbreak of COVID19, the aluminium smelters increased the consumption of imported alumina, resulting in the boost in alumina imports to China. As far as the export is...
Hammond Electronics adds new 1455F flanged extruded aluminium enclosures to its 1455 standard family
Hammond Electronics, a global force in the enclosures market with facilities in Canada, the United States, Europe, Australia, and South East Asia, has extended the variety of popular 1455 standard family enclosures by adding new 1455F flanged extruded aluminium enclosures. The 14555F features a completely new extrusion that has a flat base with integral mounting flanges. The flanges extend beyond the body of the unit and have four notches to accept securing screws for mounting the units to a flat surface such as a wall, bulkhead or machine. The new enclosure is available in two sizes 80 x 54 x 23mm and 120 x 54 x 23mm and in clear and black anodised finish. More sizes will be released in the coming months. Both the launch sizes are designed to accept 50mm wide and 1.6mm thick PCBs with...
LME aluminium price trended down this week ranging between US$ 1472.5-1440 per tonne; SHFE aluminium grew to US$1800/t
The US dollar declined throughout the week. The dollar index, which tracks the greenback against a basket of other currencies, stood at 99.501 on Wednesday, April 29. Benchmark aluminium price on London Metal Exchange decreased from US$ 1472.5 per tonne on Monday, April 27, to US$ 1440 per tonne on Friday, May 1. LME aluminium cash (bid) price and LME official settlement price showed a downtrend too this week. On Monday, April 27, they stood at US$ 1472.50 per tonne, which on April 28, declined to US$ 1465 per tonne. On Wednesday, April 29, the price stood further down at US$ 1464 per tonne, and on Thursday, April 30, at US$ 1460.5 per tonne. Extending the downfall further on Friday, May 1, both LME aluminium cash (bid) price and LME official settlement price came in at US$ 1440 per...
