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.
India may impose anti-dumping duties on imported aluminium and zinc coated products
Following the recommendation from commerce ministry’s investigation arm Director General of Trade Remedies (DGTR), the Government of India may reportedly apply a provisional anti-dumping duty between US$ 28.67 per tonne and US$ 199.53 per tonne on imports of aluminium and zinc coated flat products from China, Vietnam, and Korea. The ministry recommended this after conducting a thorough probe, through which it could conclude that there had been a significant increase in imports of the good from these three countries in absolute terms. Aluminium and zinc coated flat products are used in infrastructure projects, solar power plants, roofing, and white goods. DGTR also stated that these products came into India at below their normal values because of which the domestic industry suffered...
Italy’s aluminium scrap import from Germany to drop 2% but to rise from France by 6% in 2019
Italy is the second-highest aluminium consumption market in Europe just after Germany, with excellent performances in particular of the rolling sector and foundry castings driven by the automotive demand. The country, to meet the increasing demands, imports a considerable amount of aluminium scrap as well from various parts of the world. Let us here analyse its import trend from two of the leading suppliers – Germany and France. According to the global export-import data, Italy’s aluminium scrap import from Germany is likely to drop from172,411 tonnes in 2018 to 169,069 tonnes in 2019, down 3,342 tonnes or 2 per cent, despite a rise in its total amount of estimated aluminium scrap import this year. In 2017, the country's import from Germany was at 169,759 tonnes, 1.6 per cent down from...
Cannondale unveils CAAD13 bike with more aluminium alloy, aero and comforts
According to a recent report, The Cannondale Bicycle Corporation has launched the next iteration of its long-standing CAAD aluminium performance range - CAAD13. Introducing a new-look machine that is designed to be faster and more comfortable, Cannondale has added dropped seat stays, aerodynamic tubing, disc brakes, and increased tyre clearance to the new bike. Cannondale’s pavement product director David Devine explained: “Every new CAAD bike we design improves on the preceding version, but the CAAD13 represents a pretty radical new direction for us. With CAAD13, we focused on elements that really improve the ride, namely drag reduction, comfort and wide-ranging capability, while not increasing the weight.” Compared to CAAD12, the new model has more careful aluminium distribution,...
Bosnia’s Federation Government gives six months’ time to Aluminij to prepare rescue plan
According to a report on Monday, July 15, Bosnia’s Federation Government has decided that Aluminij Mostar will continue operating for the next six months and should come up with a rescue plan during that period. The problem with Aluminij’s power supplies, however, remains unresolved. On July 10, the smelter closed down its operations after being disconnected from the power grid due to huge debt of about 280 million marka to the state power utility. "The company will be able to exist in the next six months and nobody will be able to block its accounts or launch bankruptcy proceedings,” Zdenko Klepic, the head of Aluminij's supervisory board, said after a meeting between the leader of the Croatian Democratic Union of Bosnia and Herzegovina (HDZ BiH) party Dragan Covic, the Federation's...
Launched! New AlCircle Report on “Red Mud (Bauxite Residue) Management: Storage & Valorisation”
AlCircle has again come up with an informative report “Red Mud (Bauxite Residue) Management: Storage & Valorisation” to provide a comprehensive, in-depth study on red mud generation, processing, disposal/storage to various valorisation aspects including material extraction and usage in various end-applications. While aluminium as a green metal is offering a wide range of benefits in numerous applications, a concern is arousing over issues surrounding red mud (bauxite residue), which is a slurry by-product formed during the production of alumina, the key raw material for producing aluminium, from bauxite through the Bayer process. Depending on the ore grade, around 4 to 6 tonnes of bauxite is required to produce 2 tonnes of alumina, which in turn provides 1 tonne of aluminium. For each...
Uniprom opens silumin alloys production unit at its local aluminium smelter KAP
Montenegrin aluminium company Uniprom has reportedly opened a silumin alloys production unit worth 10 million euro or $11.3 million at its local aluminium smelter KAP. The news arrived after the government officially announced about the opening of the manufacturing unit on Monday, July 15. At this new unit which will have dozens of employees, Uniprom will produce aluminium alloys in the form of small ingots, said the government in a statement. "The new factory will make a product that can go directly to the halls of automotive or aviation giants. Every new product in Montenegro is a step towards new jobs," Prime Minister Dusko Markovic said during the opening ceremony. In March 2019, the owner of Uniprom Veselin Pejovic had declared that the company was investing about 26 million euro in...
Workers set to resume work at Ghana Bauxite Company Limited following renegotiation
According to a recent report, Ghana Bauxite Company Limited workers at Awaso are set to resume work following a successful renegotiation with the nine-member committee. The committee was set up to ensure the re-engagement of the workers. The workers were collectively agitated over the poor work conditions at Ghana Bauxite Company Limited and the meagre salaries they get. The Western Regional and Industrial Relations Officer of Construction and Building Materials Workers Union Mr. Richard Asamoah Mensah told Citi News that the committee was working on a memorandum with the workers. “We have been able to cover the collective agreement with the memorandum of understanding of which we are going to sit again in two weeks times. We have had an increase of workers and bonus for the workers,...
Ardagh and Exal to jointly form a new metal packaging company Trivium Packaging
Ardagh Group, a Luxembourg-based producer of glass and metal containers, has reportedly agreed to combine its good and speciality metal packaging business with one of the world’s largest extruded aluminium containers producers Exal Corporation. As per the report, they will together form a new metal packaging company Trivium Packaging, which will be one of the world’s largest metal packaging companies. Trivium will be headquartered in the Netherlands and will employ about 7,800 people for its 57 production facilities, mainly in Europe and America. Ardagh said Trivium would serve a diverse range of multinational and regional customers operating in a wide array of end markets like food (sea food and pet food), nutrition, beauty and personal care, household care, and premium beverages. Paul...
China’s daily average aluminium output hit record high in June, according to Reuters Calculations
According to Reuters’ calculations, China’s daily average aluminium output hit record levels in June and pegged at 99,000 tonnes, up from 96,000 tonnes in May and also higher than the previous record levels of around 98,400 tonnes in December 2018. But despite an increase in daily production, the total production in the entire month of June totalled slightly lower than the previous month, according to the data from the National Bureau of Statistics. The data shows that in June, China produced 2.97 million tonnes of aluminium, down 2.98 million tonnes in May but up 1.3 per cent year-on-year. The hike in daily output followed a jump in Shanghai aluminium prices to as much as RMB 14,380 per tonne in May, resulting in positive margins for some smelters and incentivising ramp-ups. But in June,...
Alumina spot price declines by RMB25/t but A00 aluminium ingot price rises by RMB80/t on improved spot transaction
The average spot price of alumina has further recorded a decline across China by RMB 25 per tonne to stand at RMB 2,582 per tonne, found Shanghai Metals Market. The domestic price since the beginning of the month has been displaying a sluggish sentiment on increasing demand for imported alumina, ranging between RMB 2,786 per tonne and RMB 2,582 per tonne. The price in the east and north has dipped by RMB 30 per tonne to RMB 2,590 per tonne and RMB 2,570 per tonne, while that in the central and south has inched down by RMB 20 per tonne and RMB 25 per tonne to stand at RMB 2,590 per tonne. The Australian alumina FOB price, however, has not recorded any change as of today, July 15, from US$310 per tonne. But the overall trend of the Australian alumina FOB price since the beginning of the...
France’s aluminium bar rods and profiles import from Spain estimated to grow 6% YoY in 2019
Aluminium bar rods and profiles market has been fairing high across the globe over the past few years, thankfully due to massive infrastructural advancements and refurbishment. By 2020 global aluminium extrusions market for the building and construction sector are likely to account for almost 74 percent of the overall market share to continue its dominance as the key revenue generator. The global export-import data reveals that amidst the uptrend of aluminium bar rods and profiles market, France’s import of the product is seeing a continued year-on-year rise. Its import from Spain, which is one of its key aluminium bar rods and profiles suppliers, is also growing both in terms of volume and cost. Let us now see how France’s aluminium bars rods and profile import from Spain is trending...
Canyon Resources finds 8 metres at 56.76% aluminium oxide from aircore drilling on Agnes Plateau
Canyon Resources Limited continues to conduct aircore drilling over the Minim Martap Project, a World Class, Tier One Bauxite asset in Cameroon, and recently discovers high-quality results yet again, according to a report. The drilling was conducted on the Agnes Plateau from where Canyon discovered 8 metres at 56.76% aluminium oxide and 1.63% silicon dioxide, 10 metres at 53.50% aluminium oxide and 2.08% silicon dioxide, and 8 metres at 53.30% aluminium oxide and 1.50% silicon dioxide, all from the surface. Canyon’s chief geologist Dr. Alexander Shaw said, “The most recent drilling results from the Agnes plateau are very pleasing and confirm that Canyon’s drilling may be contributing to the improvement of the scale and grade of the Minim Martap resource.” He also said, “A number of holes...
YCM’s first zero emission committee boat with aluminium to be delivered in 2020
At the sixth annual Monaco Solar & Energy Boat Challenge on July 6th to 7th, the Yacht Club de Monaco (YCM), in presence of HSH Prince Albert II - the yacht club's President, revealed that it was planning to construct the first Zero Emission Committee Boat. The size of the boat will be11.5-metre and will be built with aluminium due to having recyclable properties. Naval architect Espen Øino has designed the hull and structure of the boat, while Dario Calzavara has taken the responsibility for engineering. As this committee boat will be quiet with no carbon emissions, it will be used for whale watching excursions, along with all regattas organised by the Yacht Club de Monaco. The total accommodation capacity in the boat will be for up to 12 passengers. Power will come from twin 100kW YASA...
China’s auto charging piles amount to over 1 million by June
China Electric Vehicle Charging Infrastructure Promotion Alliance data on Wednesday, July 10, shows that by the end of June 2019, China had over 1 million charging piles or power ports for electric vehicles, up 69.3 per cent year on year. For public charging piles, members of the alliance added 10,926 units last month, which brought the total number to 412,000 units, 51.5 per cent higher from the previous year. Beijing, Shanghai, Jiangsu, Guangdong, Shandong, Zhejiang, Hebei, Anhui, Tianjin, and Hebei are the 10 regions in China leading in having public charging infrastructure facilities. They account for 75.3 per cent of the nation’s total number of charging stations. By the end of 2020, Guangdong Power Grid is expected to invest RMB 2.7 billion to build over 10,000 charging points...
Vedanta to invest INR 55,000 crore for enhancing production; Integrated aluminium output to be grown 50%
Vedanta Limited, at its 54th annual general meeting in Mumbai on July 11, announced that it would invest INR 55,000 crore across its business to increase production by about 50 per cent. The company also said that it would fund this investment from its internal cash flows. Addressing shareholders at the meeting, Vedanta’s chairman Navin Agarwal said, "Looking ahead, we are excited by the prospects in our businesses which include: ramp-up in zinc, lead and especially silver production from Hindustan Zinc and the benefit of a full year’s production from our Gamsberg Zinc mine in South Africa; increased production from our oil and gas business as the first phase of our projects comes on stream and continued structural changes to our cost structure in the aluminium business while increasing...
Maserati to launch Levante Trofeo in India featuring forged aluminium alloy wheels
Italian car manufacturer Maserati is reportedly expected to launch Levante Trofeo in India by later this year. Comprising of 22-inch forged aluminium alloy wheels, the SUV weighs lighter; while its carbon fibre inserts to the rear, side skirts enhance the look. The car also sports matte paint scheme internationally, which is likely to come into the Indian markets as well. The ‘Ultimate Maserati of SUVs’, as the company calls it, powers a 3.8-litre, twin-turbocharged V8 engine under the hood and churns out a whopping 590 bhp with a peak torque of 730 Nm. You can do a sprint of 0-100 km/h in flat 3.9 seconds, with the top speed limited to 300 km/h. Besides the powerful engine, what differentiates Trofeo from regular Levante is its incredible styling. It comes with a sharper revised grille...
Primary aluminium inventories mark first weekly rise in four months; A00 aluminium ingot price up by RMB80/t
After recording a continued decline over the months, the social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, have gained 14,000 tonnes from a week ago to stand at 1.042 million tonnes, as of Thursday, July 11, found Shanghai Metals Market. The major markets that have witnessed the increase in aluminium inventories are Nanhai, Guangdong; Gongyi, Henan; Hangzhou, Zhejiang; Linyi, Shandong; and Tianjin. The inventories there have grown by 12,000 tonnes, 5,000 tonnes, 2,000 tonnes, and 1,000 tonnes respectively. Other markets like Wuxi, Jiangsu and Shanghai have witnessed a dip in inventories by 4,000 tonnes. The below chart indicates the current status of primary aluminium inventories in more details: Amidst the rise in primary aluminium...
Madison County to receive new 95-gallon carts from RANA for collecting aluminium and metal cans
Madison County in Illinois is expected to go greener soon as it is about to receive new carts from the Recycling Alliance of North Alabama (RANA) for expanding recycling service in the area. Doc Holladay, Executive Director of the Solid Waste Disposal Authority, said: “Those who have registered for carts before June 28th should start seeing them delivered this week. We started yesterday and over the next few weeks, folks will have their carts delivered so they’ll be ready when they start recycling in August using the carts.” Replacing the existing 18-gallon bins, the new 95-gallon carts will start collecting recyclable items, such as paper bags, plastic bottles, and aluminium and metal cans, from early August. No glass product is allowed. As per the report, more than 53,000 households...
