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 primary aluminium production declines 3% M-o-M in Sept’23 but rejuvenates over a year
World’s primary aluminium production in September 2023 amounted to 5.871 million tonnes, reflecting a month-on-month fall of 2.97 per cent from 6.051 million tonnes, found the International Aluminium Institute. The output fell after two consecutive months of rise. The last downfall in world’s...
China’s alumina price marks 7th consecutive rise nearing RMB 3000/t; A00 aluminium ingot price shrinks by RMB160/t
According to the Shanghai Metals Market, the average alumina spot price has started the week on October 23 with a growth of RMB 5 per tonne to settle at RMB 2,998 per tonne. This marks the 7 th consecutive rise of China’s alumina spot price. In Guizhou, the alumina spot price has grown...
LME aluminium price grows by US$1.5/t to settle at US$2152/t; SHFE slips marginally to US$2594/t
LME aluminum opened at US$2,188 per tonne last Friday, with its low and high at US$2,169 per tonne and US$2,190.50 per tonne, respectively, before closing at US$2,180 per tonne, a drop of US$10 per tonne or 0.46 per cent. On Friday, October 22, LME aluminium cash bid price and LME aluminium...
Downstream weekly recap: AAI asks for RoDTEP rates for aluminium SEZs and EOUs; thyssenkrupp renews aluminium supply contract with Boeing
The downstream aluminium industry was spotted with multiple affairs this week from October 16 to 20. While EOS launched its new Aluminum Al5X1 aluminium alloy, Novelis received a sum of $5 million from the Alabama Industrial Access Road and Bridge Corporation under ALDOT's administration for...
Sustainability Recap: ASI certifies Hindalco’s Renukoot downstream facility; Volvo & Audi strive to reduce Co2 emissions from operations
There is no end to sustainable moves in the global aluminium industry. This week has witnessed ASI certifications granted to many companies, alongside automobile giants striving to achieve production chain decarbonisation, and institutions collaborating with metal and mining companies to drive a...
Gränges Konin SA meets its goal of acquiring ASI certification for all its rolling and recycling sites
Aluminium Stewardship Initiative has reportedly certified Gränges Konin SA with dual certification. As per the report on October 20, ASI has acknowledged the company with both the Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) certifications for designing and...
LME aluminium price loses US$26/t to settle at US$2178.5/t; SHFE price dips by only US$1/t
LME aluminum opened at US$2,193.50 per tonne on Thursday, with its high and low at US$2,195.50 per tonne and US$2,178.50 per tonne, respectively, before closing at US$2,190.50 per tonne, an increase of US$1.5 per tonne or 0.07 per cent. On Thursday, October 19, LME aluminium cash bid price and LME...
China’s aluminium billet inventories reflect a W-o-W drop of 5,600 tonnes on Oct. 19
According to the Shanghai Metals Market, China’s social inventories of aluminium billet stands at 107,200 tonnes as of Thursday, October 19, reflecting a week-on-week fall of 5,600 tonnes from 112,800 tonnes. From Monday, October 16, inventories fell by 3,000 tonnes from 110,200 tonnes. The fall in...
US aluminium scrap exports decline for the second month in a row by 4% during July’23
The United States aluminium scrap exports in July 2023 were recorded at 173,000 tonnes, down by 7,000 tonnes or 4 per cent from 180,000 tonnes in June, found the US Geological Survey. In June, the export stood at 180,000 tonnes, reflecting a plunge of 16,000 tonnes or 8.16 per cent from 196,000...
New alumina projects and expansions in 2023 to reshape the global aluminium landscape
Aluminium oxide, popularly known as alumina, is a direct resource of primary aluminium production. With the passage of time, as aluminium demand is rising, a timely need for alumina is being increasingly felt. The potentiality of the alumina market is mammoth, with an estimated growth rate of CAGR...
Alba records zero heat-related illnesses for 2023; their heat stress management pays off
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest and smartest smelters, has recorded zero heat-related illnesses and injuries across its operations for the seventh consecutive year in 2023. This is regarded as a remarkable achievement in the aluminium industry. Alba took various means to...
Primary aluminium production in GCC marks a 1% rise Y-o-Y to 4.07 Mt during Jan-Aug’23
Aluminium has been one of the key industries in the Gulf Cooperation Council since Manama commissioned the 12,000 tonnes a year of Aluminium Bahrain (Alba) smelter with a diversification agenda. The GCC has benefitted heavily from low-priced energy, which is otherwise cost-intensive for aluminium...
China’s domestic aluminium smelters experience narrow profitability due to cost hike
Last week till October 12, Shanghai Metals Market observed a rise in domestic aluminium spot cost backed by a strong performance of the alumina spot market. There was also a minor increase in power cost as captive power plants of mainstream aluminium smelters raised bid prices for coal purchases....
ASI grants Performance Standard Certification to Hindalco’s Renukoot Downstream facility
Aluminium Stewardship Initiative has reportedly acknowledged Hindalco’s Renukoot Downstream facility in Uttar Pradesh against Performance Standard V2 (2017) Certification for remelting and refining activities, casthouses, and semi-fabrication. The facility manufactures aluminium ingots, wire rods,...
3Q2023: Rio Tinto’s aluminium output grows 9% Y-o-Y owing to Kitimat smelter’s full capacity operations
Rio Tinto announced another quarter of progress from July to September 2023. In the Q3 production report, the company revealed that its aluminium output stood at 828,000 tonnes, registering a 2 per cent rise Q-o-Q and a 9 per cent hike Y-o-Y, backed by the full capacity operations at Kitimat...
Aluminium Asssociation urgently asks for RoDTEP rates for SEZs and EOUs
Aluminium Association of India (AAI), an apex body representing the entire value chain of the Indian aluminium industry, has requested the government to provide rates for aluminium special economic zones and export oriented units (EOUs) under the RoDTEP scheme. The Association suggests that once...
Nanshan Aluminium to spin-off Indonesian business, leading Nanshan International to emerge as a separate entity
Shandong Nanshan Aluminium Co. Ltd., a China-based company engaged in manufacturing and distributing aluminium products, will demerge its Indonesian business and enlist it to the Hong Kong stock exchange to ensure fetching finances for its future development. The news came on October 13 when...
Chinalco promotes “Five Standards and One Control” management model for electrolytic aluminium enterprises
According to a recent report, Chinalco conducted a promotion meeting of the “Five Standards and One Control” management model in its Liancheng Branch. The company summed up the management model in electrolytic aluminium business units, based on the current situation of the industry. After an...
