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.
UK’s aluminium bar rods and profiles export amount to dip this year but not the export value
The United Kingdom is known for the automobile industry, followed by the building and construction sector that generates considerable demand for aluminium bar, rods and profiles. Of late, the UK’s aerospace industry has increased its operations that also demand aluminium bar rods and profiles. Besides, the UK is a major aluminium product manufacturing hub; so, the country supplies aluminium bar rods and profiles to other parts of the world besides using in the domestic market. In 2016, the United Kingdom had exported 16,820 tonnes of aluminium bar rods and profiles to several countries, which in 2017 increased to 18,905 tonnes, up 12.39 per cent. In 2018, the export amount rose further to 20,991 tonnes, 25 per cent higher than in 2016 and 11 per cent higher than in 2017. However, this...
Chinese aluminium prices likely to be firm in the long run while stocks to ease by 2019; analyst says
Senior aluminium analyst at SMM, Wang Rui, said that aluminium prices in the short term are likely to moderate on weaker demands in a slack season but slower-than-expected in supply and shrinking inventories sustain on optimistic outlook on prices in the long run. At the Nonferrous and Ferrous Metals Summit jointly held by SMM and Chinese financial research firm Horizon Insights in Shanghai on Friday, June 14, Wang Rui expected China’s aluminium stocks to ease to 700,000 to 800,000 tonnes by the end of 2019. He also shared that the costs and balance of alumina will remain the point of focus in the market in 2019. However, the June-August period is likely to see a deficit of alumina by 430,000 tonnes in China, he estimated. Some new alumina capacity of around 4.4 million tonnes is likely...
Alumina spot price declines by RMB 53/t and A00 aluminium ingot price by RMB 40/t
Followed by restraint on June 14 at RMB 3032 per tonne, the average spot price of alumina has recorded a decline by RMB 53 per tonne to stand at RMB 2,979 per tonne, found Shanghai Metals Market. Due to the price restraints and declines over the month until now, the average spot price of alumina is standing RMB 108 per tonne lower than the same period last month, when the price was at RMB 3087 per tonne, as of May 17. In the east, the price has inched down by RMB 40 per tonne to RMB 3000 per tonne, while that in the central and north by RMB 60 per tonne and RMB 50 per tonne to RMB 2,990 per tonne and RMB 2,950 per tonne. In the south, the price has registered a drop by RMB 45 per tonne to RMB 3020 per tonne. Against the drop in the alumina spot price, the A00 aluminium ingot price has...
The Lexington Recycle Centre is back to its operations
The Lexington Recycle Centre has resumed its operations and once again processing recyclable materials, city officials said on Wednesday, June 12. A mechanical problem had halted the facility’s operations for several days. Some officials reported last week that a machine that separates aluminium cans from other materials had stopped working, resulting in operation shut at the facility. On Wednesday, the recycling centre announced that it made a temporary fix to the problem and still working to fix it permanently. Earlier, officials also said that residents can help prevent future mechanical issues by recycling properly and keeping recyclable materials dry by closing lids on carts and dumpsters to prevent moisture from getting in. Unwanted wet materials add additional stress on mechanical...
India decides to impose additional customs duties on 29 US goods with effect from June 16
According to the recent report, India has finally decided to impose additional customs duties on 29 US products including almond, walnut, and pulses, after delaying it for several times since June 2018. As per the report, the duties will come into effect on June 16, as the extension of the duties will expire on the said date. To recall, these import duties on the United States were decided as a retaliatory move when the Trump administration had declared to levy 25 per cent additional tariff on steel and 10 per cent on aluminium in March 2018. Since then, India had been trying to negotiate which led to the US cutting the tariff on aluminium imports. But now, with the United States’ decision to withdraw India’s GSP status and trade negotiations failing to reach a conclusion, India has...
Aluminium foils export by South Korea to extend growth by 6.42% in 2019; USA to be the leading importer
The development of new and diversified packaging styles and high potential in emerging economies are found to provide a significant lead to the aluminium foil packaging market. The demand for aluminium foil in the packaging industry is expected to exceed 4 per cent in the years ahead. The pharmaceutical and drug industry is primarily driving the growth of aluminium foil packaging market because of the increasing use of aluminium foil in packing medicines, followed by the food packaging industry. To cash on this increasing use and demand for aluminium foil in various industries, some countries, on the other hand, are increasing their exports and yielding higher profits. South Korea is one such country whose aluminium foils export is found growing with each passing year. According to the...
Lindian Resources appoints experienced bauxite executive Shannon Green as managing director
Lindian Resources Limited has reportedly taken a new managing director on board, named Shannon Green, an experienced bauxite executive with more than 20 years of resource development and mining operations. He recently served Canyon Resources Limited as general manager, where he played an instrumental role in the development of the high-grade Minim Martap Project in Cameroon. Lindian chairman Asimwe Kabunga said, “We are very fortunate to have secured someone of Shannon’s calibre, a highly experienced and respected industry professional who recently played a key role in the development of a world-class bauxite project in Africa” He further said, “Shannon’s extensive mining experience and intimate knowledge of the bauxite market provides the skills and expertise needed to transition Lindian...
Fernson Brewing Company ramps up beer can production with WaveGrip’s G1 applicator
US-based craft brewers Fernson Brewing Company has reportedly installed WaveGrip’s G1 multi-packing applicator, in a bid to ramp up its can production. The brewery will use the G1 applicator as a sustainable solution to produce its beer cans, ensuring reduced labour costs and materials to pack its cans. Fernson Brewing CEO Joel Thompson said: “We are often asked why we chose cans for our beers rather than bottles and there are two basic reasons. One is that cans are better at protecting each beer from light and oxygen, and two is because aluminium cans are lighter and easier to recycle than glass.” He also said that cans are great for the beers and consumers, but their packaging is laborious. Many automated solutions were available but they were too expensive for the level that Fernson...
Partnership with a trade supplier of aluminium doors and windows brings success in Morgan’s business
Partnership with trade suppliers of bespoke aluminium bifold doors and windows, AluFoldDirect Limited, has reportedly helped Morgan’s Windows Doors and Conservatories achieved its incredible success. From having a tiny unit at the back of a gunroom and small builder’s merchants, Morgan’s Windows Doors and Conservatories has opened a brand new state-of-the-art showroom in Oswestry, according to a recent report. Recollecting memories, Paul Rowney, manager at Morgan’s said, “We started up fitting uPVC windows and doors around seven years ago. We were self-taught at installing and expanded into fitting composite doors, French doors, sliders, and eventually aluminium bi-fold doors, which is where our relationship with AluFoldDirect began.” He added, “AluFoldDirect has been an excellent support...
Aluminium billet inventories record growth of 10,800 tonnes on increasing deliveries and moderate consumption
According to Shanghai Metals Market, aluminium billet inventories in China have rebounded over the week ended on June 13, as more deliveries have arrived at warehouses and downstream consumption remained moderate. SMM data shows that the stocks of 6063 aluminium billet across five major Chinese consumption areas have recorded a rise by some 10,800 tonnes to 73,900 per tonnes, as of June 13. On June 6, the billet stocks were at 63,100 tonnes after declining by some 14,000 tonnes week on week. In Foshan, Guangdong, the aluminium billet inventory has increased by some 3,100 tonnes from the last week to stand at 30,100 tonnes, while that in Wuxi, Jiangsu, and Changzhou, Jiangsu has risen by some 2,100 tonnes and 900 tonnes to stand at 9,300 tonnes and 7,900 tonnes, respectively. In Huzhou,...
Alumina price in China declines by RMB46/t after remaining restrained over a week
According to Shanghai Metals Market on June 13, the average spot price of alumina has inched down by RMB 46 per tonne to RMB 3032 per tonne after remaining restrained at RMB 3078 per tonne May 30 to June 12, 2019. Since the decline in alumina spot price has touched upon all the major markets in China, the price in the east and central has registered a decrease by RMB 50 per tonne to RMB 3040 per tonne and RMB 3050 per tonne. In the south market, the price has dwindled by RMB 50 per tonne too and standing at RMB 3065 per tonne, while that in the north is hovering at RMB 3000 per tonne after slipping by RMB 40 per tonne. The Australian alumina FOB price extends its downfall by US$2 per tonne to US$348 per tonne, as of June 13. Against the background of declined alumina spot price, the A00...
High cost electricity threatens future viability of Portland aluminium smelter
A major shareholder of the Portland aluminium smelter has reportedly revealed that the high cost of electricity is threatening the future viability of the plant. According to Alumina Limited managing director Mike Ferraro’s report to The Australian Financial Review , “Prices (for electricity) have fallen because of renewables coming on stream, but it still needs to continue to fall to achieve the sort of returns that we need to achieve to keep the facility operating.” Member for South West Coast Roma Britnell is of the opinion that high power prices are the biggest issue that businesses across Victoria are suffering from, especially the energy intensive industries like the Portland smelter. She said the state government should have made power more affordable for the Portland smelter so...
Alcoa recognised as a silver tier employer in Australian Workplace Equity Index Awards
According to a recent report, Alcoa has bagged an award as a silver tier employer in the Australian Workplace Equity Index Awards (AWEI). Chairman and managing director Michael Parker said, “The aim was for every Alcoa employee to bring their whole selves to work and to feel included and valued for who they were and for the diversity of ideas and experiences they brought.” “Since 2013, our ally network for LGBTI employees, EAGLE, has grown from 30 members to more than 500, all banding together to champion change across the business,” Mr. Parker said further. Under the leadership of Alcoa’s Pinjarra Alumina Refinery manager Mark Hodgson, the network actively promotes a culture of inclusion and rallies support for LGBTI colleagues. Some of the activities in which the EAGLE network has taken...
Belgium’s aluminium cans import to extend downfall by 6.35% on year in 2019
Proficient in preserving the quality and flavour of the contents, aluminium cans have an unparalleled safety record and currently represent one of the most widely used containers for packaging purposes. These cans are non-toxic in nature, can be reprocessed and require less care during handling and distribution. According to IMARC Group, the global aluminium cans market has grown at a CAGR of around 2.6 per cent during 2011-2018, reaching a production volume of 300 billion cans in 2018.In the European Union, in particular, the beverage can market is expected to grow at a CAGR of over 4 per cent between 2017 and 2025, according to Grand View Research, Inc. However, the aluminium cans import by Belgium has been found declining over the past two years. After a sweeping growth in Belgium’s...
FACE urges European authorities to remove import tariffs on unwrought aluminium
The Federation of Aluminium Consumers in Europe (FACE) has reportedly launched a campaign to urge the European authorities to remove import tariffs on primary aluminium, particularly, unwrought aluminium. The import tariffs range between 3 per cent and 6 per cent. In support of this campaign, FACE has published a study commissioned to the LUISS University in Rome that shows maintaining the import tariffs on unwrought aluminium had incurred an extra-cost of up to €18 billion on the EU's downstream aluminium sector between 2000 and 2017. The downstream sector accounts for 92 per cent of the jobs and 70 per cent of the turnover of the European Union’s aluminium industry. The LUISS study also shows that the 6 per cent import tariff on unwrought aluminium for protecting EU producers could not...
China’s auto sales in May decline 12.5% YoY, but sales of NEVs record a growth by 5.4%
Shanghai Metals Market data shows that China’s auto sales in May have declined for the 12 th straight year. Retail sales of sedans, sport utility vehicles (SUVs), minivans and multipurpose vehicles (MPVs) inched down 12.5 per cent year on year and came in at 1.61 million units, according to the China Passenger Car Association (CPCA). In April 2019, the retail sales of sedans, SUVs, and MPVs had declined by 16.6 per cent, while that in March by 12 per cent. Excluding minivans, passenger car sales, on the other hand, increased 4.8 per cent month on month in May to 1.58 million units. This marks the largest month on month growth, likely bolstered by the efforts to clear inventories before new emission standards take effect in July. The new energy vehicle (NEV) sector also remained robust in...
Benetti delivers 63-metre superyacht made of steel and aluminium
Italian yard Benetti has reportedly delivered the 63-metre superyacht Metis to a German owner. The construction of the superyacht, with steel and aluminium, had started on speculation in 2016 at the builder’s Livorno facility. Then in 2017, the yacht was sold through Yacht Moments who had also overseen the project management. Giorgio M Casetta developed the modern exterior design of Metis, while London-based studio Bannenberg & Rowell and Birgit Otte Interior Design were responsible for her innovative interiors. The yacht has four decks with guest accommodation on the lower and main deck and the 162-square-metre master suite located on the main deck. In total, the superyacht can accommodate up to 12 guests in 6 cabins and 13 crews in 9 cabins. One of the key highlighting features of the...
Aluminium cans allowed to be dropped off in Cummins’ ninth annual one-day recycle event
Cummins will host its ninth annual one-day recycle event this Thursday, June 13, inside the Central Avenue entrance to the Columbus Engine Plant, in a bid to honour its environmental commitment. In the event, more than 1000 people are expected to drop off household recyclables, appliances, electronics and more. Besides traditional recyclables including plastic, glass and paper, batteries, aluminium cans, steel cans and metal will also be accepted. In 2017 and 2018, more than 200 Cummins employees had volunteered to direct motorists to the appropriate area or provide unloading assistance during the day-long event. This year, the numbers of volunteers are expected to be the same or more, said Cummins environmental supervisor David Wehrkamp. The most popular items dropped off last year were...
