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.
China’s aluminium billet inventories close this week at 21% lower: SMM
According to the Shanghai Metals Market data, aluminium billet inventories in China have recorded a plunge of 17,300 tonnes or 21.05 per cent week-on-week across the five major Chinese consumption areas. Thus, the inventories have come in at 64,900 tonnes on December 21 compared to 82,200 tonnes on...
US aluminium scrap exports record a sequential dip of 2% in Q3 2023, contributed by a fall in India’s imports
In Q3 2023, which ended September 30, the United States exported 532,000 tonnes of aluminium scrap compared to 543,000 tonnes in the previous quarter, according to the US Geological Survey data. That recorded a sequential decline of 2.03 per cent, following a quarter-on-quarter rise of 7.1 per cent...
Hydro reports impairment losses of about NOK 5.9 billion for Q4 2023 due to poor alumina market condition
Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, reports estimated impairment losses of NOK 5.9 billion for the fourth quarter of 2023 to be ended on December 31. Challenging alumina market condition coupled with Australian power price insecurity caused this loss to Hydro. “The...
IAI finds world primary aluminium output at 64.5 Mt during Jan-Nov’23; AL Circle projects 70.01 Mt by year-end
The latest data from the International Aluminium Institute indicates a 2.21 per cent rise in the world’s year-to-date primary aluminium production to 64.516 million tonnes at the end of November 2023. During the same period last year, the world’s primary aluminium output was at 63.119 million...
EU and US mutually extend tariffs suspension on aluminium and steel
On December 19, the European Union announced that it would extend the suspension of its rebalancing tariffs on US products until March 31, 2025. This decision comes in return as the United States also prolongs the suspension of its tariffs on the EU, considering the historical trade volumes...
Sumitomo Chemical acquires ASI dual certification for chemical alumina & high-purity alumina production
Aluminium Stewardship Initiative has acknowledged Sumitomo Chemical Co., Ltd. against Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for the production of chemical aluminium hydroxide, chemical alumina, high-purity alumina, and high-purity aluminium at...
Aughinish Alumina reapplies for permission to expand alumina waste disposal area
Aughinish Alumina refinery, the largest refinery in Europe and the largest alumina facility operated by UC Rusal has reportedly reapplied for planning permission to expand its factory’s waste disposal area near the banks of the Shannon Estuary. Environmental group Futureproof Clare said it is...
US alumina imports till Q3 2023 reached 1 million tonnes with a range-bound quarterly growth
The United States alumina imports in the first nine months of 2023, ending September 30, touched the 1 million tonnes level but marked a year-on-year downfall of 27 per cent from 1.37 million tonnes, according to the USGS data. The country’s alumina imports had been sluggish since the beginning of...
China’s A00 aluminium ingot price registers a W-o-W hike of RMB520/t; Input costs expand over weekend
According to the Shanghai Metals Market survey, A00 aluminium ingot price has increased over the weekend for the fifth day in a row by RMB 130 per tonne to reach RMB 18,900 per tonne on December 18. Thus, on a week-on-week basis, China’s primary aluminium ingot price has hiked by RMB 520 per tonne...
ASI greets Oman Aluminium Processing Industries as a Production & Transformation member
Aluminium Stewardship Initiative has recently added a Middle Eastern aluminium rod manufacturing company to its Production and Transformation membership. According to an ASI report, the non-profit organisation has welcomed Oman Aluminium Processing Industries SPC (OAPIL) as a new Production and...
China’s unwrought aluminium alloy imports in Oct’23 grow 17.5% M-o-M buoyed by outstanding orders
According to the China customs data, China’s unwrought aluminium alloy imports in October 2023 were recorded at 108,900 tonnes, up 17.5 per cent M-o-M and 9.2 per cent Y-o-Y. From January to October 2023, total imports stood at 907,800 tonnes, reflecting a 15.9 per cent fall Y-o-Y. China’s export...
US primary aluminium production drop continues till September 2023
According to the latest data from the US Geological Survey, the United States' primary aluminium production in September 2023 stood at 60,000 tonnes, marking an extended month-on-month dip of 2,000 tonnes or 3.23 per cent. In August 2023, the United States' primary aluminium output had also seen a...
Vedanta Aluminium to deploy an advanced pot lining design across its smelters to reduce energy consumption
Vedanta Aluminium, a business of Vedanta Limited, has reportedly achieved a breakthrough in aluminium smelting technique that would reduce energy consumption and curb carbon emissions. On National Energy Conservation Day, Vedanta announced that its new energy-efficient technique, an advanced pot...
Guinea’s bauxite exports to China are up 60.5% Y-o-Y in Oct’2023 despite rain-delayed shipments
According to China customs data, China’s bauxite imports in October 2023 stood at 11.1273 million tonnes, reflecting a month-on-month increase of 11 per cent and a year-on-year hike of 23.97 per cent. Guinea was the highest exporter of bauxite to China in the said month, supplying 7.084 million...
China aluminium market overview: While the industry grapples with downward prices and demand, auto sales growth adds a silver lining
The prevailing demand deficit for primary aluminium in China continued to affect domestic prices throughout November 2023. Slow metal supply across the market due to production cuts at Yunnan, resulting in rapid inventory fall, could not cast much positive impact on prices. However, it is believed...
US’ shift to recycled aluminium results in crude metal and alloy imports decline till Aug’23
The United States aluminium crude metal and alloy imports from the United Arab Emirates continued to fall in August 2023 but at a slower rate than the previous month. According to the US Census Bureau data, the United States imported 23,100 tonnes of aluminium crude metal and alloy, which reflected...
With 3 more ASI-certified rolling plants, Novelis to scale up sustainable aluminium product deliveries
On Wednesday, December 13, Novelis announced its achievement of securing Performance Standard Certifications by the Aluminium Stewardship Initiative (AS) for three North American aluminium rolled product manufacturing facilities. The plants, located in Guthrie, Kentucky; Oswego, New York; and...
Aluminium industry unitedly set a nearly 100% recycling target by 2050 at COP28
At the United Nations Climate Change Conference (COP28), aluminium and can industry unanimously agreed to the goal of recycling nearly 100 per cent of aluminium beverage cans by 2050. The world-leading companies and associations which gave consent to this target were Emirates Global Aluminium, the...
