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.
Evtec to supply aluminium auto components for Jaguar Land Rover’s new line of luxury EVs
Evtec Aluminium Limited, a leader in designing and manufacturing complex aluminium castings, has reportedly entered into a supply contract with Jaguar Land Rover. According to the deal, the former will supply automotive components to Jaguar for its new line of electric vehicles. Evtec is a...
Ireland implements Deposit Return Scheme w.e.f. February 1 to ramp up aluminium cans recycling
With effect from Thursday, February 1, Ireland has launched the Deposit Return Scheme (DRS), a simple incentive system to encourage consumers to recycle aluminium cans and plastic bottles. So, from February 1, on purchasing an aluminium can or a plastic bottle with the Re-turn logo, customers will...
Africa & Asia’s alumina output rebuilds in H2 2023 much above 6.5 Mt, but annual output still fails to grow
According to the International Aluminium Institute survey, Africa & Asia’s (ex-China) alumina production from January to December 2023 totalled 13.31 million tonnes, accounting for 9.37 per cent of the world’s total output. On a year-on-year calculation, Africa & Asia’s alumina output in 2023 edged...
Alcoa to supply ELYSIS aluminium to Nexans for low carbon footprint cable production
On Thursday, February 1, Alcoa Corporation announced its aluminium supply deal with global cable producer Nexans. Alcoa will supply aluminium produced through its breakthrough ELYSIS process that eliminates all direct greenhouse gas emissions from the smelting process. Nexans will be the world’s...
Hydro to build a new aluminium recycling plant at EUR 180 million in Torija, Spain
Norsk Hydro, a leading aluminium and energy company, is reportedly investing EUR 180 million in constructing a new state-of-the-art aluminium recycling plant in Torija, Spain, in a bid to increase its low-carbon aluminium offerings in Europe and pave the path to green transition. The new recycling...
Canned food market in Saudi Arabia to grow at a 3.55% CAGR by 2028, promising aluminium usage growth in the packaging sector
According to a research report, the Saudi Arabia Canned Food Market is anticipated to grow at a robust compound annual growth rate of 3.55 per cent from 2021 to 2028. This elevation is expected to bring the market value to US$1,132.689 million at the end of the forecast period compared to...
EGX-listed firm Egyptalum posts a 101% leap in net profit for H1 FY2023-24
On Wednesday, January 31, Egypt Aluminum, popularly known as Egyptalum, the largest aluminium producer in Egypt, announced that its net profits after tax during the first half of FY2023-24 ended December 31 amounted to EGP 3.43 billion, registering a jump of 101 per cent year-on-year from EGP 1.70...
Africa’s primary aluminium production closed 2023 at a 1.48% Y-o-Y low despite sequential growth each quarter
In 2023, Africa's primary aluminium production reached 1.596 million tonnes, with an output of 133,000 tonnes in the last month of the year. According to the International Aluminium Institute survey, Africa's primary aluminium production in 2023 registered a fall of 1.48 per cent from 1.62 million...
Vedanta intends to adopt biofuel as an energy source for carbon footprint reduction: CEO
On winning the first position in the prestigious S&P Corporate Sustainability Assessment (CSA) rakings, Vedanta Aluminium, a business of Vedanta Limited, said that their commitment towards increasing resource efficiency, using more renewables in the energy mix and converting waste into wealth is...
Japan’s aluminium rolled product shipments in 2023 fall to a 20-year low
According to the data shared by the Japan Aluminium Association, aluminium rolled product shipments in 2023 declined year-on-year by 6.5 per cent, reaching the lowest point in the past 20 years. The shipment volume through the year totalled 1,707,547 tonnes, falling below the levels observed during...
2023 world alumina production displays a Y-o-Y drop despite the bounce back in H2
According to the International Aluminium Institute survey, world alumina production in December 2023 stood at 12.298 million tonnes, bringing the whole year output at 141.924 million tonnes, slightly down from 142.23 million tonnes in 2022. Further introspection into global production The decline...
Novelis responds well to the aluminium packaging growth trajectory in North America, signs yet another can sheet supplying contract
On Monday, January 29, Novelis Inc., the world-leading producer of flat-rolled aluminium products and the largest aluminium recycler, announced that it signed a new contract with Ardagh Metal Packaging USA Corp., under which the former would supply aluminium beverage packaging sheet. As per the...
China’s annual unwrought aluminium alloy imports edge a decline of 11.4% during 2023
In December 2023, China’s unwrought aluminium alloy imports stood at 112,900 tonnes, reflecting a slight rise of 1 per cent over a month, showed China customs data. On a year-on-year basis, the December imports edged a hike of 22.3 per cent, bringing the total imports through 2023 to 1.1325 million...
EU contemplates banning Russian aluminium in the 13th sanctions package; industry warns economic distress
The European Union is contemplating restricting Russian aluminium as part of the 13th sanctions package. In a way to ban Russian aluminium imports, sanctions will be automatically applied against the energy sector given that the latter is a crucial input for the aluminium smelting process. A...
China’s alumina spot price reaches its 2-year high with a gain of RMB5/t; A00 aluminium ingot price loses RMB30/t
According to the Shanghai Metals Market data, China's average alumina spot price has gained RMB 5 per tonne over the weekend to reach RMB 3,351 per tonne on Monday, January 29. The price stands at its highest point in the past two years. December 2, 2021, was the last time the Chinese alumina spot...
Malaysia beats India and emerges as the highest importer of aluminium scrap from the US in Nov’23
In November 2023, the United States exported 163,000 tonnes of aluminium scrap versus 170,000 tonnes in October. That reflected a month-on-month decline of 7,000 tonnes or 4.12 per cent. According to the US Census Bureau data, the export in November marked the second back-to-back fall. In October,...
China’s 2023 aluminium wheels exports reflect a mediocre growth owing to slow economy & anti-dumping policies
According to China customs data, China’s aluminium wheels exports amounted to 72,600 tonnes in December 2023, reflecting a month-on-month fall of 6 per cent but a year-on-year hike of 9 per cent. The total export volume through the year, thus, stood at 934,000 tonnes, up by 58,500 tonnes from the...
China’s A00 aluminium ingot price climbs up RMB210/t overnight; Aluminium alloys prices mirror the upward movement
According to the Shanghai Metals Market survey, the domestic A00 aluminium ingot price has surged by RMB 210 per tonne over night to exceed RMB 19,000 per tonne. On Friday, January 26, the week closed at RMB 19,120 per tonne versus RMB 18,910 per tonne on January 25. Thus, on a week-on-week basis,...
