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AlCircle News Edited By "Debanjali Sengupta"

Debanjali Sengupta
Debanjali Senguptadsengupta@alcircle.com

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.

China's A00 aluminium ingot price contracts by RMB120/t, reverting to the previous week's level
Primary AL05 JUN 2024

China's A00 aluminium ingot price contracts by RMB120/t, reverting to the previous week's level

According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price again decreased by RMB 120 per tonne on Tuesday, June 5, following an intermittent increase of RMB 100 per tonne on the previous day after two consecutive days of downfall. With the latest fall, the domestic A00...

ASI presents Performance Standard Certification to JW Aluminum for flat-rolled production
Sustainability04 JUN 2024

ASI presents Performance Standard Certification to JW Aluminum for flat-rolled production

Aluminium Stewardship Initiative has reportedly certified JW Aluminum against Performance Standard V3 (2022) Certification for manufacturing aluminium coils at its two US facilities in Goose Creek, South Carolina, and Russellville, Arkansas. The certification also includes central functions at its...

Q1 2024: United States alumina imports decline by volume at 21.45%, reflecting ailing demand
Alumina04 JUN 2024
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Q1 2024: United States alumina imports decline by volume at 21.45%, reflecting ailing demand

The United States alumina imports in the first quarter of 2024 ended March 31, edged down 12.69 per cent annually and saw a more intense decline of 21.45 per cent on a quarter-on-quarter basis. The downfall in alumina imports indicates reduced demand for primary aluminium production in the United...

Hydro Rein to develop a wind power project in Sweden to meet rising renewable energy demand
Sustainability04 JUN 2024

Hydro Rein to develop a wind power project in Sweden to meet rising renewable energy demand

Hydro Rein is reportedly partnering with Pajala Almänning to develop a large-scale wind power project in response to the increasing demand for renewable power in northern Sweden. Hydro Rein and Pajala Almänning have signed a land lease agreement to develop wind power over 7,000 hectares in price...

Ball Corporation appoints Aaron Erter as a new Director
End User04 JUN 2024

Ball Corporation appoints Aaron Erter as a new Director

Ball Corporation, the world’s leading provider of sustainable aluminium packaging for beverage, personal care, and household products, has reportedly declared the appointment of Aaron Erter, CEO of James Hardie Industries plc, as a director of the corporation. Erter will join Ball Corporation with...

LME aluminium benchmark price tumbles by US$52/t overnight; SHFE price soars by US$37/t
Primary AL04 JUN 2024

LME aluminium benchmark price tumbles by US$52/t overnight; SHFE price soars by US$37/t

On Monday, June 3, LME aluminum opened at $2,662.5 per tonne, hitting a high of US$2,691 per tonne, a low of US$2,637.50 per tonne, and closed at US$2,664 per tonne, up US$9 per tonne or 0.34 per cent. LME aluminium cash bid price and LME aluminium official settlement price initiated the week on...

China’s prebaked anode exports during Jan-Apr 2024 surge 48% Y-o-Y, indicating positive worldwide demand
Primary AL03 JUN 2024

China’s prebaked anode exports during Jan-Apr 2024 surge 48% Y-o-Y, indicating positive worldwide demand

China's prebaked anode exports in April 2024 amounted to 166,800 tonnes, indicating a month-on-month downfall of 13.45 per cent and a year-on-year dip of 1.07 per cent, showed China customs data. The estimated export unit price of the material was approximately $673.5 per tonne, which was up by...

World alumina production in April 2024 slumps 4.4% M-o-M due to dwindled output in key producing countries
Alumina03 JUN 2024

World alumina production in April 2024 slumps 4.4% M-o-M due to dwindled output in key producing countries

The International Aluminium Institute (IAI) reports that the world's alumina production in April 2024 experienced a significant decline, both on a monthly and yearly basis. This trend was primarily driven by reduced output in key regions such as China, Africa & Asia (ex-China), Europe (incl....

A00 aluminium ingot price continues to fall by RMB150/t due to elevated inventories; Pre-baked anode price dips by RMB10/t
Primary AL03 JUN 2024

A00 aluminium ingot price continues to fall by RMB150/t due to elevated inventories; Pre-baked anode price dips by RMB10/t

According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price has decreased by RMB 150 per tonne over the weekend to stand at RMB 21,090 per tonne as of June 3, marking the second consecutive day of fall. However, despite the decline, the price still stands 1 per cent higher...

Kaiser Aluminum’s 2023 Sustainability Report indicates a responsible shift to renewable energy sources
Sustainability31 MAY 2024

Kaiser Aluminum’s 2023 Sustainability Report indicates a responsible shift to renewable energy sources

On Thursday, May 30, Kaiser Aluminum Corporation, an American aluminium producer, published its 2023 Sustainability Report, highlighting the company's focus and initiatives around sustainability. The report also features Kaiser Aluminum's commitment to grow as a preferred supplier, a preferred...

Hydro to invest $85M in new casting line at Henderson recycling plant for low-carbon auto components
Sustainability31 MAY 2024

Hydro to invest $85M in new casting line at Henderson recycling plant for low-carbon auto components

In the wake of an increased demand for low-carbon aluminium to advance sustainability, Norsk Hydro has decided to strengthen the capacity of its Henderson recycling plant in Kentucky by building a new casting line. Built-in 1999, this plant is Hydro’s first recycling facility, and over time, it has...

LME aluminium price slumps US$29.5/t overnight but still stands W-o-W high; SHFE price slips by 1.5%
Primary AL31 MAY 2024

LME aluminium price slumps US$29.5/t overnight but still stands W-o-W high; SHFE price slips by 1.5%

The three-month LME aluminium opened at US$2,787.50 per tonne and reached a high of US$2,799 per tonne and a low of US$2,683 per tonne before closing at US$2,705 per tonne, down US$89 per tonne or 3.19 per cent. On Thursday, May 30, the LME aluminium cash bid price and LME aluminium official...

North American aluminium industry stepping up towards 2050 net zero goals: Unveiling the complete roadmap
Sustainability30 MAY 2024

North American aluminium industry stepping up towards 2050 net zero goals: Unveiling the complete roadmap

The United States has long been targeting a reduction in carbon footprint across the industrial sectors, including automotive, packaging, energy, and consumer products, by sustainably producing low-carbon aluminium. However, due to limited renewable power generation, the region has primarily...

Novelis seeks $945 million in US IPO by offering 45 million shares for $18-21 each
Downstream29 MAY 2024

Novelis seeks $945 million in US IPO by offering 45 million shares for $18-21 each

Novelis Inc., an American industrial aluminium company and an independent subsidiary of Hindalco Industries Limited, reportedly aims to raise $945 million in a US IPO by selling 45 million shares for $18-21 each. This IPO may even generate $1.08 billion of capital for Novelis if the green shoe...

Japanese aluminium buyers are offered an 18-20% higher premium for the September quarter shipments
Primary AL29 MAY 2024

Japanese aluminium buyers are offered an 18-20% higher premium for the September quarter shipments

According to a recent report, Japanese buyers received a premium offer of $175 per tonne from a global producer for the June-September quarter primary metal shipments. The news came after three sources directly involved in quarterly pricing talks reported as anonymous individuals. The latest offer...

US crude and dried bauxite imports improve 8.4% Y-o-Y during Q1 2024 amid persistent sequential decline
Bauxite29 MAY 2024

US crude and dried bauxite imports improve 8.4% Y-o-Y during Q1 2024 amid persistent sequential decline

According to the latest data revealed by the US Geological Survey, the United States crude and dried bauxite imports in the first quarter of 2024 demonstrated a sequential decline, marking the third consecutive quarter of downfall since the third quarter of 2023. However, on an annual basis, the...

Africa’s primary aluminium production shows a bearish trend in April 2024, marking a Y-o-Y fall of 5.4%
Primary AL28 MAY 2024

Africa’s primary aluminium production shows a bearish trend in April 2024, marking a Y-o-Y fall of 5.4%

Africa’s primary aluminium production in April 2024 reflected a bearish trend compared to the previous month as well as year, found the International Aluminium Institute (IAI). The month-on-month decline in April 2024 brought Africa’s primary aluminium output close to the production volume in...

Aluminium stocks at Japanese ports fall 14% Y-o-Y at the end of April 2024
Primary AL28 MAY 2024

Aluminium stocks at Japanese ports fall 14% Y-o-Y at the end of April 2024

The latest data revealed by Marubeni Corporation, a prominent Japanese integrated trading and investment business conglomerate, indicates a month-on-month and a year-on-year fall in aluminium stocks across the three major Japanese ports at the end of April 2024. There have been increasingly evident...