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.
Alstom to roll out aluminium trains and double metro coach building capacity in Andhra Pradesh
Alstom India is reportedly aiming to roll out trains made of aluminium, while at the same time, reading to double its metro coach building capacity at a plant in Sri City in Andhra Pradesh in a bid to meet Montreal Metro and Mumbai Metro orders for trains. The news came when Alain Spohr, Managing Director for India and South Asia, Alstom, told reporters today, December 6, "We will be doubling our capacity by setting up a new line that could manufacture 22 cars per month. We are also studying the feasibility for rolling out trains made of aluminium." Alain Spohr also intimidated reporters about receiving orders for 10 more metro trains from Chennai Metro. According to Spohr, the Montreal Metro and Mumbai Metro orders will be executed from 2019 onwards. Both the orders involved supplying...
Buying interests among downstream consumers improve in east-China on aluminium price fall
Shanghai Metals Market research found purchasing enthusiasm among aluminium downstream consumers across east-China spot markets improved on Thursday, December 5, from a day earlier as aluminium prices fell. The SHFE December contract plunged on Thursday morning. In Shanghai, spot discounts were heard at RMB 30 per tonne to RMB 20 per tonne against the SHFE 1812 contract, narrower than RMB 50 per tonne to RMB 40 per tonne in the previous day. In Shanghai and Wuxi, spot transactions were mostly done at RMB 13,550 per tonne to RMB 13,570 per tonne while that in Hangzhou at RMB 13,600 per tonne to RMB 13,620 per tonne. The prices were over RMB 90 per tonne lower than the previous day. However, the losses in prices could not subdue the willingness of the sellers in eastern markets to let go...
Italy’s aluminium scrap imports to rise 8% in 2018; Germany to be the top supplier
Italy is the world’s largest user of aluminium after the USA, Japan, People’s Republic of China and Germany. The aluminium market is concentrated almost exclusively in the north of the country. The large part of aluminium is used by extrusion plants and foundries to supply to the automobile industry. Together with Germany and France, Italy is one of the largest producers of foundry products. According to the data gathered and processed by Assomet and Centroal, 2017 was a year marked by growth for the Italian aluminium industry. The overall consumption of light metal in all its forms was beyond 2.1 million tonnes. This trend of the use of aluminium in Italy confirms its second position in Europe behind Germany. So, given this increasingly strong demand of the industry, Italy imports a...
Prime Minister Jacinda Ardern reopens Rio’s Potline 4 at New Zealand Aluminium Smelter
According to a report, Rio Tinto’s Potline 4 at New Zealand Aluminium Smelter (NZAS), at Tiwai Point on the South Island, officially reopened by the country’s Prime Minister Jacinda Ardern. Rio Tinto, along with joint venture partner Sumitomo Chemical Company, invested around US$4.1 million this year to upgrade and restart the potline, adding 31,000 tonnes of production capacity. Rio owns 79.36 per cent of NZAS while Sumitomo owns the rest. Rio Tinto Aluminium chief operating officer Pacific Operations Kellie Parker said: “We are proud the Prime Minister has joined us to mark this important milestone for the team at Tiwai Point and the country’s manufacturing sector.” Per the company’s anticipation, the restarting of the potline will increase the smelter’s production capacity by almost 10...
The High Court grants an interim stay on Hindalco’s bauxite mine closure
The Bombay High Court on Thursday, December 5, granted an interim stay on an order to close Hindalco Industries Limited’s bauxite mine near Kolhapur in Maharashtra. “…we are inclined to grant ad-interim relief to the petitioner (Hindalco) as the petitioner’s unit at Dhangarwadi is directed to be closed with immediate effect,” the Chief Justice bench of the high court said in its order. On November 27, Maharashtra Pollution Control Board had ordered the closure and stopped water and electricity supply to the company’s mine. In petition, Hindalco had told the High Court that it, however, did not receive the show cause notice that was issued by the regulator on November 16. The pollution control authority’s lawyer sought time to file its reply. The High Court will hear the case next on...
Austal confirms the receipt of TT$ 486 million high-speed vehicle contract from Trinidad and Tobago
On December 4, 2018, Australian ship-building company Austal Limited confirmed that it bagged a contract of almost half a million TT dollars for designing and constructing a high-speed vehicle and passenger catamaran for Trinidad and Tobago. Contracted by the National Development Company (NIDCO), Austal will build the 94-metre high-speed vessel worth TT$ 486 million (approx.) and expectedly deliver by mid-2020. The ship, named the AutoExpress, will provide high-speed passenger and vehicle operations on the key sea bridge between the islands of Trinidad and Tobago. The designing of the ship has already begun in Australia and is already well-advanced with initial construction being undertaken. The design of the ship underscores its capability to carry 250 cars and 926 passengers at speeds...
Operating rates at Chinese aluminium wire and cable manufacturers remain unchanged M-o-M: SMM
Shanghai Metals Market research found that operating rates at Chinese manufacturers of aluminium wire and cable remained unchanged in November from a month ago at 86.2 per cent, but fell 0.77 percentage point from the corresponding period last year. Although weaker consumptions of home appliances, property, and automobiles reduced orders across magnet wire producers in November, yet rates held stable in the said month given greater investment in power grid projects that bolstered demand. Data from the China Electricity Council showed that China’s investment in power grid projects in January-October dropped 7.6 per cent compared to the year earlier. The year-on-year decline was 2 percentage points smaller than the drop in January-September. Per the SMM survey, most producers belong to...
ABx announces the completion of stage 1 aluminium fluoride lab in NSW
Australian Bauxite Limited (ABx) announced that its wholly-owned subsidiary ALCORE Limited completed the construction of stage 1 aluminium fluoride lab and acquired the necessary equipment to produce test samples. Per the firm, both the tasks reached ahead of schedule and under the budget. The construction of the laboratory had reportedly begun on July 1 at ALCORE’s pre-approved Pilot Plant site in Berkeley Vale, New South Wales. Initially, the stage 1 lab will produce aluminium fluoride (AlF3) test samples by refining raw bauxite for distribution to potential customers and gradually proceed to producing Corethane, a pure hydrocarbon powder from low-value coal. In addition, the lab will also test graphite refining for use in battery application. ABx’s CEO Ian Levy said the firm had funds...
Weaker demands and brisk aluminium transactions lead to declining ingot prices in China: SMM
According to an update by Shanghai Metals Market, trades of spot aluminium remained brisk yesterday, December 4, across east and south China after futures aluminium prices recorded a one-day gain at the start of the week. The SHFE 1812 contract traded range-bound in the morning. In Shanghai, spot discounts were heard at RMB 50 per tonne to RMB 40 per tonne, compared to RMB 60 per tonne to RMB 50 per tonne in the previous day. In Shanghai and Wuxi, on the other hand, most transactions were heard at RMB 13,650 per tonne to RMB 13,660 per tonne while that in Hangzhou at RMB 13,680 per tonne to RMB 13,700 per tonne. Traded prices across eastern markets stood some RMB 20 per tonne lower than yesterday. Downstream consumers purchased on demand while trades between traders were active. In...
Professor in Coimbatore innovates new aluminium scrap recycling method for small ingots plants
According to a report, a city college professor named Bhagyanathan in Coimbatore has found a method to recycle aluminium scrap which will help small plants to produce graded quality aluminium ingots with enhanced mechanical and metallurgical properties. Small plants use electric induction furnaces, LPG furnace or coal furnace. According to the professor, adopting this newly invented method will help small plants to produce high-quality ingots with existing infrastructure. Presently, ingots are mostly produced by large plants and some by some other firms that produce aluminium products and like to use self-produced ingots. Besides quality, this method will also reduce the production cost, said Bhagyanathan. He further apprised that two firms already came forward to adopt the technology....
Dales Fabrications installs an equipment of £170,000 for applying hard-wearing finishes to aluminium products
An Ilkeston-based company Dales Fabrications has reportedly installed a polyester powder coating equipment that will apply attractive hard-wearing finishes to the aluminium products it manufactures at own factory in Compton Road. The equipment got unveiled on Friday, November 30, by some industry specialists and Erewash MP Maggie Throup, a British Conservative Party politician. Dales designs and manufactures an extensive range of standard and bespoke aluminium building products including fascia and soffit systems and brise soleil. Karl Prosser, managing director of Dales, said the equipment worth £170,000 will help the company to ramp up its output capacity and at the same time speed up the production process. Out of £170,000, around £42,500 was funded by a Government fund managed by the...
Chalco shuts 470,000 tonnes of aluminium production on Chinese aluminium price plunge
Headquartered in Beijing, Aluminium Corp of China Ltd., also known as Chalco, is reportedly reducing output on some of its aluminium production lines in northern China because of Chinese aluminium price plunge to a two-year low, announced the company itself on Friday, November 30. Shanghai aluminium prices today, on November 30, ended down 0.8 per cent at RMB 13,555 per tonne, the lowest close since September 30, 2016. Chalco said to the Shanghai Stock Exchange that it would shut around 470,000 tonnes of annual aluminium production at units in Shanxi Huasheng and Shandong Huayu, subject to flexible output arrangements. According to the company’s annual report, this 470,000 tonnes figure accounts for nearly 12 per cent of Chalco’s 3.93 million tonnes of primary aluminium capacity at the...
Parkers Beverage pioneers aluminium canned water instead of plastic bottles in New Zealand
A Hawke’s Bay drinks company Parkers Beverage Company Ltd. reportedly becomes the first in New Zealand to scrap plastic water bottles and adopt recyclable cans instead to hold still water products. Parkers Beverage Company manufactures and distributes brands such as Parkers water, Ō Pure Artesian Water, Deco City Beer, DeVine Wine, and 1835 Coffee. According to Parkers managing director Doug Speedy, there are a few reasons why the company has made this move to implement a complex approach to canning still water. He feels a low-cost business can succeed in producing huge volumes, and Parkers was not comfortable producing huge amounts of single-use plastic bottles. Plastic bottles in New Zealand go to landfill while aluminium cans can be recycled and repurposed. So, even from an...
Biggest alumina refinery operator in Greece Mytilineos anticipates 2019 sales to top 2.2 billion euros
Greek-based industrial conglomerate Mytilineos chairman said on Thursday, November 29 that the company anticipated its sales to top 2.2 billion euros in 2019 from 1.5 billion euros this year. Special mention he made about Mytilineos’ growing alumina business and new projects in Libya and Ghana because of which the company expected the imminent growth. Besides those two projects, Mytilineos, the operator of the biggest alumina refinery in Greece, is expecting to finalise a US$400 million investment in its home country to build a new alumina plant, but no decision is made yet. “We want very much to see it materializing,” Mytilineos said, telling investors to be patient and that the group would take its final investment decision after an ongoing engineering study was concluded. The group has...
European automakers shares drop on new car tariffs warning
European automakers shares reportedly dropped on Thursday, November 29 followed by a warning of fresh US imported auto tariffs application before the end of the year. The warning came from one of the key European lawmakers. According to a report by Germany's Wirtschaftwoche, a business and economics focused newspaper, European Union Budget Commissioner Gunther Oettinger said he expected the new tariffs before Christmas. By this, he only meant his concern about the tariffs application and did not indicate that anything had been decided in Washington, the Commission clarified. New tariffs if imposed would mark a stark reversal to a July agreement between President Donald Trump and European Commission President Jean Claude Juncker to freeze auto levies. Juncker that time had even praised...
Chinese A00 aluminium ingot spot price records a drop for five days in a row: SMM
According to Shanghai Metals Market, the A00 aluminium ingot price has extended a plunge even today, on November 30, by RMB 80 per tonne to stand at RMB 13,500 per tonne. This marks the fifth consecutive fall throughout the week since November 26. The average prices today are expected to range between RMB 13,480 per tonne and RMB 13,520 per tonne, with spot discounts remaining the same at RMB 70 per tonne to RMB 30 per tonne. The ingot price in the east-China (Wuxi and Hangzhou) has come in at RMB 13,505 per tonne from RMB 13,565 as of November 30, marking a drop by RMB 60 per tonne. In the south and north, the prices today are standing at RMB 13,570 per tonne and RMB 13,500 per tonne after a drop by RMB 80 per tonne and RMB 70 per tonne from yesterday. The reasons behind the incessant...
Primary aluminium sellers continue to be keen to offload cargoes in east-China but buyers show minimum interest
Shanghai Metals Market research found spot aluminium downstream buyers across east-China markets remained quiet today, on November 29, even as spot discounts widened. Sellers continued to show their enthusiasms to offload cargoes, learned SMM. The SHFE 1812 contract extended its fall even today in the morning trade. Spot discounts in Shanghai were heard at RMB 60 per tonne to RMB 50 per tonne against the December contract, compared to RMB 40 per tonne to RMB 30 per tonne in the previous day. Most transactions in Shanghai and Wuxi were at RMB 13,560 per tonne to RMB 13,570 per tonne and that in Hangzhou at RMB 13,590 per tonne to RMB 13,610 per tonne. The prices were down by some RMB 60 per tonne than the prior day. In Guangdong, on the other hand, transactions were mostly seen at RMB...
United Arab Emirates’ alumina imports from India to extend a year-on-year rise in 2018
Resource galore, wider applications of technologies, world-class road infrastructure, business-friendly industrial policies are some of the key factors that drove the pace of world-class aluminium production in the United Arab Emirates. {newsStudioGallery} Emirates Global Aluminium, popularly known as EGA is one of the leading UAE-based aluminium smelters. The development of EGA, which began in the 1970s, has taken the UAE from no aluminium production to the fifth largest aluminium producing nation in the world. About 1 tonne in every 25 tonnes of aluminium produced worldwide is made by EGA in the UAE. So, being one of the leading aluminium producing nations in the world, UAE imports a significant amount of alumina as a raw material for the production. EGA, for instance, imports all the...
