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.
World alumina production in 3Q2023 marks sequential growth of 3.04% amid lower output in September
The world alumina production during Q3 2023 ended September 30, registered a sequential rise of 3.04 per cent to stand at 36.567 million tonnes versus 35.487 million tonnes, found the International Aluminium Institute. But on a year-on-year calculation, the output in Q3 was almost the same as...
Increasing alumina prices drive aluminum smelters' operation costs up, lowering operating incomes
China’s leading aluminium companies have unanimously reported a downfall in operating income for the first three quarters of 2023. Risen operation costs of aluminium smelters driven by domestic alumina price hikes could be attributed to the drop in operating income. After over a year, in late...
Benfleet’s new recycling plant generates 99% pure aluminium scrap using TOMRA's latest sorting technology
Benfleet Scrap Co. Ltd, a scrap metal recycling specialist based in Essex, southeast England, has reportedly secured the latest and most advanced metal sorting equipment from TOMRA, called the X-TRACT™ unit, for its new metal recycling plant in Benfleet. The new plant in Benfleet is one of the...
Despite a September fall of 3%, Gulf aluminium production increases sequentially in 3Q2023
According to the International Aluminium Institute survey, primary aluminium production in the Gulf Cooperation Council has continued to record a fall at a higher level during September 2023. In contrast to a drop of 2,000 tonnes in August, the output in September decreased by 17,000 tonnes or 3.29...
Vedanta’s excellence in energy management & supply chain operations lately brings two prestigious awards
Vedanta Aluminium has yet again earned a prestigious recognition in the form of two gold awards at the Confederation of Indian Industry's IQ National and Regional Excellence Practice Competition and National Energy Awards for Excellence in Energy Management. One of the awards represents Vedanta's...
South32 installs P3XLE technology to curb emissions from Hillside aluminium smelter
South32, a globally diversified mining and metals company, is reportedly installing P3XLE energy efficiency technology at its Hillside Aluminium smelter in South Africa to reduce greenhouse gas emissions substantially. This move is part of the company's deliberate effort to move away from...
AMAG generates revenue above EUR 1 billion during Jan-Sep’23 leveraging strong demand from the aerospace sector
AMAG Austria Metall AG has reported its latest financial results till September 30, 2023, highlighting stable earnings with revenue above EUR 1 billion, even amid global inflation and decelerating aluminium prices. Although the revenue during the first nine months of 2023 saw a drop of 15.6 per...
Amcor’s STELVIN ® aluminium screw cap range is now with 35% lower carbon footprint
Amcor Capsules, a global leader in developing and producing responsible packaging for food, beverage, and pharmaceutical, has reported to have lessened the carbon footprint of its STELVIN ® aluminium screw cap range by up to 35 per cent. The updated range of products is made of low-carbon aluminium...
ASI certifies Hindalco Alupram Works for sustainable extruded aluminium alloy production
After Hindalco’s Renukoot Downstream facility comes the turn of Hindalco Alupram Works to have received the ASI certification. Aluminium Stewardship Initiative announced on Thursday, October 25, that it successfully recognised Hindalco Alupram Works manufacturing operation against the Performance...
Canada relies on imported aluminium as its manufacturing PMI drops; scrap imports surge by 57% in Aug’23
Canada recorded a substantial rise in aluminium imports during August 2023, indicating a notable shift in the metal market. The total volume of aluminium imports during the said month stood at 894,952 tonnes, flaunting a growth of 21.58 per cent from 736,089 tonnes in July. On a year-on-year...
Constellium posts an 11% hike in value-added revenue for Jan-Sep 2023, buoyed by aerospace rolled products shipments
Constellium SE has announced the third quarter results ended September 30, 2023, revealing a fall in revenue attributed to demand headwinds in several end-user sectors. Heavy inflation also threw a challenge to the company, pulling down its Q3 revenue by 15 per cent year-on-year to €1.7 billion....
China’s domestic A00 aluminium ingot price declines but remains above RMB19000/t
On Thursday, October 26, A00 aluminium ingot price has recorded a drop of RMB 70 per tonne after a hike last day. Nevertheless, the price is still standing above RMB 19,000 per tonne, found the Shanghai Metals Market. According to the data, A00 aluminium ingot price has come in at RMB 19,020 per...
Hydro’s Q3 2023 revenue declines 15% Y-o-Y due to bearish aluminium prices; measures to mitigate crisis are underway
Lower extrusions and recycling volumes, coupled with bearish alumina and aluminium prices, led to a bigger-than-expected drop in Norsk Hydro’s financial output in the third quarter of 2023 ended September 30. On Monday, October 23, Hydro released its Q3 CY2023 fiscal report, announcing a 15 per...
Alimex gets ASI Performance Standard V3 Certification for producing aluminium cast plates
Alimex GmbH Precision, an inventor and producer of aluminium cast plates, has acquired Performance Standard V3 (2022) Certification from the Aluminium Stewardship Initiative. The company has bagged the certification for producing high-precision components, surface machining of rolled plates and...
LME aluminium price picks up US$2/t after a fall to reach US$2146.5/t; SHFE price heightens by 1.24%
Three-month LME aluminum opened at US$2,178 per tonne last evening and closed at US$2,206 per tonne, a rise of US$30 per tonne or 1.38 per cent. On Tuesday, October 24, LME aluminium cash bid price and LME aluminium official settlement price grew by US$2 per tonne, following a fall of US$7.5 per...
Alumina price in Henan exceeds RMB3000/t level with a gain of RMB10/t
According to the Shanghai Metals Market, the average alumina spot price has continued to increase by RMB 8 per tonne on Wednesday, October 25, to stand at RMB 3,009 per tonne. In Henan, the alumina price has built up RMB 10 per tonne to settle at RMB 3,010 per tonne, following a restraint at RMB...
US aluminium plates, sheets and bars exports to Mexico extend M-o-M fall by 5.36%
According to the US Geological survey, the United States aluminium plates, sheets and bars exports to Mexico stood at 24,700 tonnes during July 2023, recording a month-on-month fall of 5.36 per cent from 26,100 tonnes. The export in July marked a fall for the second month in a row. In June, the...
South32 Worsley Alumina joins ASI as new Production and Transformation member
On Friday, October 20, Aluminium Stewardship Initiative announced the joining of South32 Worsley Alumina as new Production and Transformation member. Worsley Alumina is an integrated bauxite mining and alumina refining operation in the South West of Western Australia. The company began its...
