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.
Growing demand for aluminium battery foil prompts China to commission 17 new capacities
Aluminium battery foil projects are spearheading in China, with 17 new plants under construction or some started production, reported the Shanghai Metals Market survey. Out of the 17 new projects with a total capacity of 1.272 million tonnes, 15 are estimated to be fully operational before the end...
India’s aluminium scrap imports from US reach 48,100 tonnes in May after successive growth since early this year
India’s aluminium scrap imports from the United States have been portraying steady growth since the beginning of 2023. Of all the earlier months, May saw the highest sequential increase of 20.85 per cent to 48,100 tonnes. In April, India’s aluminium scrap imports from the US stood at 39,800 tonnes,...
Alba develops new alloy '6060.HE' in billet form with the support of the University of Bahrain
Aluminium Bahrain B.S.C. (Alba) has expanded its AA6060 alloy family by adding a new alloy '6060.HE', aiming to extend product offerings to extruder customers. Produced in a billet form, Alba's new alloy has a faster extrusion rate that improves process efficiency and productivity for its users....
Hind Aluminium posts a 13% hike in net profit to INR 2.95 crore for the June quarter of FY2024
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy conductors and aluminium wire rods, reported net sales of INR 0.38 crore in the June quarter versus INR 0.33 crore a quarter ago and INR 1 crore a year earlier. At the end of FY2023, Hind Aluminium’s net sales amounted to INR...
India’s Navratna firm NALCO posts a 40% fall in profit for Q1 FY2024, holding limped LME prices responsible
National Aluminium Company Limited (NALCO), a Schedule ‘A’ Navratna CPSE, reported last week that its quarterly profit for Q1 FY2023-24 recorded a 40 per cent fall, attributed to sluggish global aluminium prices and mediocre demand. NALCO said that it earned a consolidated profit of INR 3.34...
IIT Kharagpur introduces 3-month AI programme, learn technology application in aluminium industry
In early August, the Indian Institute of Technology Kharagpur inaugurated a programme on artificial intelligence (AI) to educate students about using technology in the manufacturing industry, including aluminium. The programme will be for three months, with classes only on weekends. Teachers from...
Russian aluminium stocks on LME record an 81% growth in July 2023
According to a report on Thursday, August 10, Russian aluminium stocks have posted an 81 per cent growth on the London Metal Exchange-approved warehouses for July 2023 compared to an 80 per cent increase in June. At the end of July 2023, Norsk Hydro wrote a letter to the London Metal Exchange to...
Hindalco allies with Texmaco to build aluminium railway wagons and coaches for Indian Railways
Hindalco Industries Limited, one of India’s biggest aluminium manufacturing companies and the world’s largest flat-rolled products player, has announced an alliance with Texmaco Rail & Engineering Ltd., a specialised engineering company, to develop and manufacture aluminium railway wagons and...
Be ready to learn ‘Digital Transformation in the Aluminium Industry’ with AL Circle’s forthcoming report
Adopting digital solutions by manufacturing industries to enhance production and operational processes is no longer an unconventional practice. From the textile industry to metallurgy, none is indifferent to digitalisation and its benefits. The aluminium industry is no exception to this trend and...
Alba posts bearish financial outcome for Q2 2023 despite higher production and sales; income shrinks to US$91.5 million
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, has announced its Q2 results for 2023, disclosing 405,628 tonnes of production, up by 9,085 tonnes from Q2 2022. Sales volume grew by 3,816 tonnes to stand at 392,258 tonnes. Value-added products accounted for 70...
China’s primary aluminium imports mount to 430,500 tonnes during January-June 2023
According to the Shanghai Metals Market data, China’s primary aluminium imports reached 89,400 tonnes in June 2023, registering an increase of 20.7 per cent month-on-month and a surge of 213.6 per cent over a year. The primary aluminium exports in June totalled 32,900 tonnes - 187 per cent more...
Hindalco reports lower downstream aluminium sales for 1QFY2024, resulting in a 5% decline in revenue
Hindalco Industries Limited, one of India's biggest aluminium manufacturing companies, announced the first quarter results of FY2023-24 ended June 30, revealing a net profit of INR 2,454 crore, up by 1.75 per cent Q-o-Q from INR 2,411 crore, driven by a recovery in Novelis business. However, on a...
Sustainalytics awards AMAG the world's highest sustainability rating
AMAG Austria Metall AG, the biggest company in the Austrian aluminium industry sector, recently achieved the best ESG rating from Sustainalytics yet again. Of 39 aluminium companies being evaluated worldwide, AMAG won the best rating, which testified the company had the lowest environmental risks....
EPD certification is yet another testament to Vedanta Aluminium's sustainable production practices
International Environmental Product Declaration (EPD) has reportedly verified Vedanta Aluminium’s range of products, confirming that India’s largest aluminium producer is committed to achieving the highest industrial standards in sustainable production. Vedanta’s primary aluminium products scored...
Primary aluminium inventories in China recorded a 5-year low last week at 525,000 tonnes
According to the Shanghai Metals Market data, social inventories of aluminium ingot totalled 525,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, as of Thursday, August 3. On a week-on-week basis, the inventories dropped by 11,000 tonnes, and on an annual basis,...
Novelis reports a 20% fall in net sales during Q1 FY2024 on lower shipments of 879,000 tonnes
Last week, Novelis Inc. announced the first quarter results of the financial year 2023-24 ended June 30, reporting a 19.61 per cent decline in net sales year-on-year from $5,089 million to $4,091 million, driven by lower average aluminium prices and reduced flat rolled products shipments, although...
Alumina output in Africa & Asia (ex-China) records a 4% sequential growth to 3.358 Mt in Q2 2023
According to the International Aluminium Institute, alumina production in Africa & Asia (ex-China) during the second quarter of 2023 totalled 3.358 million tonnes, registering an increase of 4.38 per cent from 3.217 million tonnes a quarter ago. But on a year-on-year basis, the output in Q2 2023...
Sustainability Recap: Capral obtaines first ASI’s Chain of Custody-certified cargo from Alba
Sustainability initiatives are no longer an occasional phenomenon in the aluminium industry, as ESG goals have become a prime focus for all companies, big or small. This week the top news that caught our eyes were Capral’s first ASI’s Chain of Custody-certified cargo from Aluminium Bahrain (Alba),...
