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 alumina spot price marks M-o-M hike of RMB25/t on Sept 19; Low-carbon aluminium recovers RMB108/t
The average alumina spot price has continued to grow for the second day in a week, dating September 19, by RMB 2 per tonne to settle at RMB 2,937 per tonne, found the Shanghai Metals Market survey. In the past two days, the price has increased by RMB 4 per tonne, marking a month-on-month hike of...
India likely to witness two-fold aluminium demand growth by 2033: Nilesh Koul at Fastmakets
An executive of Hindalco Industries Limited, Nilesh Koul, rightly pointed out at the Fastmarkets aluminium conference in Barcelona that India's aluminium industry future looks radiant amid a muted or downtrend global picture. Thanks to the infrastructure provided by the government, the Indian...
LME aluminum benchmark price sheds off 1.7%; SHFE initiates the week with a fall of US$69/t
LME aluminum opened at $2,220.50 per tonne on last Friday, with its high and low at US$2,231.50 per tonne and US$2,187 per tonne respectively before closing at US$2,196 per tonne, a decrease of US$24 per tonne or 1.08 per cent. On Friday, September 15, the LME aluminium cash bid price and LME...
Guangxi Dongrong Pilot Demonstration Zone conducts groundbreaking ceremony of an aluminium and copper project
On Thursday, September 14, the Guangxi Dongrong Pilot Demonstration Zone laid the foundation stone of an aluminium and copper project in Baigui Industrial Park in the presence of the Deputy Director of the management committee and Li Honghui, a member of the Party Working Committee. They attended...
LME/SHFE Weekly Recap: LME aluminium price closed range-bound at US$2155.5/t; SHFE settled at 2% higher
The LME aluminium benchmark price reflected a consistent growth throughout the week until it plunged significantly on Friday, September 15. On Monday, September 11, the LME aluminium cash bid price and LME aluminium official settlement price increased by US$21 per tonne and US$21.50 per tonne over...
EPIQ Machinery strives to serve Indian aluminium market with better handling equipment by acquiring Stymer Technologies
EPIQ Machinery has reportedly acquired Stymer Technologies, a Pune-based Engineering services company, under ADF Engineering, a subsidiary of EPIQ Machinery. The news came on Thursday, September 14, after the company’s Chief Executive Officer, Éloïse Harvey; Operation Manager, Bhushan Bachhav; and...
IAI suggests effective aluminium beverage can recycling may save 60 million tonnes of Co2e annually
A new study on aluminium recycling cans conducted by the International Aluminium Institute (IAI) determines that effective global recycling of used aluminium beverage cans can save 60 million tonnes of Co2e annually by 2030. Along with IAI, Emirates Global Aluminium, Crown Holdings, Australian...
US primary aluminium production in 2Q2023 reflects a 1% sequential growth; output in H1 totals 378,000t
According to the US Census Bureau data, the United States' primary aluminium production in June 2023 was recorded at 62,000 tonnes, experiencing a drop of 3,000 tonnes or 4.62 per cent month-on-month. In May, the output stood at 65,000 tonnes, up by 2,000 tonnes or 3.17 per cent from 63,000 tonnes....
China Hongqiao Group already shifts 1.5 Mt of aluminium capacity to Yunnan; aims to move 2 Mt by 2023-end
According to a source on Wednesday, September 13, China Hongqiao Group has moved 1.5 million tonnes of aluminium smelting capacity to Yunnan, a region with abundant hydro power. Going ahead, China Hingqiao Group aims to deploy 4 million tonnes of aluminium smelting capacity by the end of 2025 in...
“Aluminium is a green metal, and our efforts to make it a preferred choice in the industry is our primary effort towards positively impacting the environment,” Bharat Gite, Founder and CEO of Taural India
As the Founder and CEO of Taural India, Bharat Gite is a visionary leader in the field of metallurgy in India, known for his exceptional work ethic, dedication to innovation, and relentless drive to succeed. He is now a leading figure in the aluminium casting industry, thanks to his extensive...
Constellium Muscle Shoals obtains ASI certification for producing aluminium sheets, coils and alloys
Constellium Muscle Shoals has reportedly acquired the Performance Standard V2 (2017) Certification from the Aluminium Stewardship Initiative for producing aluminium sheets, coils, and alloys in facilities at Muscle Shoals, Alabama, and Bowling Green, Kentucky. Muscle Shoals facility manufactures...
United States bauxite imports record a 59% leap in 2Q2023, recovering the previous quarter loss
The United States crude and dried bauxite imports recorded a leap of 58.66 per cent on a quarter-on-quarter basis in the second quarter of 2023 to stand at 733,000 tonnes, found the US Census Bureau survey. With this jump, the country’s bauxite import volume recovered the loss by a large extent,...
LME aluminium price declines by US$31/t from September 1 to 12; SHFE price gains 0.6% so far
LME aluminium opened at US$2,204.50 per tonne on Tuesday, with high and low at $2213.50 per tonne and $2186.50 per tonne, respectively, before closing at US$2,196 per tonne, a drop of US$8 per tonne or 0.36 per cent. On Tuesday, September 12, the LME aluminium cash bid price and the LME aluminium...
The US anti-dumping and countervailing measures on Chinese aluminium foil imports to remain effective
Last Friday, September 8, the United States International Trade Commission (ITC) agreed to roll out the first anti-dumping and countervailing sunset review of aluminium foil imported from China. The objective was to determine whether removing the existing anti-dumping and countervailing measures on...
China’s aluminium output exceeds 3.6 million tonnes in Aug’2023 on operating capacity recovery in Yunnan
China’s aluminium production continued to grow in August 2023 (31 calendar days), standing above 3.6 million tonnes, according to the Shanghai Metals Market survey. Data showed the output clocked at 3.623 million tonnes, registering a 1.54 per cent M-o-M growth from 3.568 million tonnes and a 3.9...
Novelis and Ball Corporation renew their partnership with an aluminium can sheet supply contract
Novelis Inc., a leading producer of rolled aluminium, announced on Monday, September 11, that it signed an anchor customer contract with Ball Corporation, promising to supply aluminium sheets for making cans in North America. With this contract and some others, Novelis' can sheet supply commitment...
China’s alumina production reached 7 Mt in Aug’23 backed by capacity expansion and new operation release
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in August 2023 stood at 7.017 million tonnes, reflecting a month-on-month increase of 2.15 per cent from 6.869 million tonnes . Daily output also grew by 2 per cent to 226,400 tonnes, driven by new and...
Japanese ports accumulate 2.9% additional aluminium stocks in August 2023
Aluminium stocks at the three major Japanese ports - Yokohama, Nagoya, and Osaka increased by 2.9 per cent month-on-month to stand at 360,700 tonnes as of August-end, 2023, found Maruberni Corporation, a major Japanese integrated trading and investment business conglomerate. Aluminium stocks in...
