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.
Jindal Aluminium bags AS9100D Aerospace Certification as a proficient extrusion producer for aviation & space
Jindal Aluminium has reportedly acquired the AS9100D Aerospace Certification (based on and including ISO 9001:2015) from NVT Services, the aerospace certification agency. Jindal is India’s largest aluminium extrusion manufacturer, having an annual capacity of 2.2 lakh tonnes and over 4,500 crore...
China’s alumina spot price towers over a week by RMB11/t, settling at RMB2852/t
The average alumina spot price in China has climbed up for the seventh consecutive day to reach RMB 2,852 per tonne on Tuesday, July 25, found the Shanghai Metals Market. The price has increased by RMB 3 per tonne to tower RMB 11 per tonne over a week. However, today's growth has only touched upon...
World primary aluminium production maintains 1.8% growth rate in Q2 2023 amid drooping output in June
World primary aluminium production in the second quarter of 2023 ended June 30, amounted to 17.259 million tonnes, up by 1.8 per cent from 16.953 million tonnes in Q1 2023, found the International Aluminium Institute survey. On an annual basis, the output in 1Q2023 edged an increase of 1.06 per...
Vedanta posts a 6% growth in net profit for 1QFY2024 on a slightly higher aluminium output
Vedanta Limited announced the first quarter financial and operational results ended June 30 of FY2024, revealing INR 33,342 crore of consolidated revenue, down by 10.43 per cent from INR 37,225 crore in Q4 FY2023 and 12.83 per cent less than INR 38,251 crore in Q1 FY2023. The fall could be...
Hydro thinks Russian aluminium stocks in LME weighing on benchmark prices; urges exchange to look into it
Norsk Hydro wrote a letter to the London Metal Exchange last week urging to rethink the decision not to ban Russian aluminium from its warehouse network. Norsk Hydro believes that a large volume of aluminium arriving from Russia is weighing on the benchmark metal price on LME. "As LME aluminium...
LME aluminium price ended the week with a decline of US$18.5/t; SHFE price stretched its fall over the weekend
LME aluminium opened at US$$2,255 per tonne last Friday, with its high and low at US$2,262 per tonne and US$2,201 per tonne, respectively, before closing at US$2,205.50 per tonne, a drop of US$51.50 per tonne or 2.28 per cent. On Friday, July 21, LME aluminium cash bid price and LME aluminium...
Sustainability weekly recap: ASI certifies Crown Holdings & SAI, Amcor launches new sustainability program called TRANSPARENCE
Merlo Coffee's efforts towards sustainability through promoting its 100% recyclable coffee capsules to L'Occitane's release of the Solidarity Balm featuring 100% recyclable aluminium packaging, this week has witnessed a few sustainability initiatives. Plansee technology has also set an ambitious...
Hindalco & Vedanta’s aluminium ingot prices close this week 1 per cent lower, partly offset by today’s raise
Hindalco and Vedanta’s aluminium prices stood lower by the end of the week after several cuts from July 18 to 20, 2023. On Tuesday, July 18, Hindalco axed its aluminium ingot price by INR 3,750 per tonne to INR 212,250 per tonne. The company’s aluminium wire rod and billet prices also saw a similar...
Hydro Q2 2023 results: Revenue records steady growth of 10% Y-o-Y amid sluggish metal production
On Friday, July 1, Norsk Hydro, one of the world’s largest aluminium companies worldwide, announced its financial and operational results for the second quarter of 2023. The company highlighted that it survived the weaker market and price pressure with strong extrusion margins and made good...
EGA secures support from Itochu Corporation to boost aluminium production & decarbonisation
Emirates Global Aluminium (EGA) and Itochu Corporation of Japan have entered into a new agreement to work on developing aluminium production, decarbonisation, and the development of UAE industries in EGA’s supply chain. The news came after the signing of the Memorandum of Understanding at the...
Alumina price in China grows for the fifth day to RMB2847/t; A00 aluminium ingot price stands 1.08% down W-o-W
The average alumina spot price in China has continued to grow for the fifth day in a row by RMB 2 per tonne to close the week on Friday, July 21, at RMB 2,847 per tonne, found the Shanghai Metals Market survey. On a week-on-week basis, the price stood at 0.57 per cent or RMB 16 per tonne higher...
Vedanta Aluminium wins Great Place to Work® certification for its ideal work culture since years
Vedanta Aluminium has been honoured with a Great Place to Work® (GPTW) certification for the financial year 2022-2023. The credit goes to Vedanta Aluminium’s nationwide operational units, whose resiliency and commitment have brought this prestigious recognition. Undoubtedly, this certification...
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Crown Holdings’ two facilities in Thailand obtain ASI Performance Standard V2 (2017) Certifications
Aluminium Stewardship Initiative has recognised Crown Holdings, Inc.’s two beverage cans manufacturing facilities in Nong Khae District, Thailand, with Performance Standard V2 (2017) Certifications. Crown Bevcan and Closures (Thailand) Co., Ltd. and Crown TCP Beverage Cans Company Limited have...
Louisiana Office of State Parks introduce a new aluminium can recycling initiative
On Tuesday, July 18, the Louisiana Office of State Parks and Lt. Gov. Billy Nungesser launched the Let Louisiana Shine Park Recycling Program to offer visitors of Bouge Chitto, Fairview-Riverside, Fontainebleau and Tickfaw state parks a new way to recycle aluminium cans and #1 PET plastic bottles....
Rio Tinto’s H1 2023 aluminium output grows 9% to 1.5 MT, supported by capacity boost at Kitimat smelter
On Wednesday, July 19, Rio Tinto announced its second quarter’s operational results ended June 30, highlighting a 4 per cent increase in aluminium production Q-o-Q and an 11 per cent rise Y-o-Y to 814,000 tonnes, benefitted from the continued ramp-up of the Kitimat smelter. Rio’s Boyne and Kitimat...
Constellium agrees to sell 3 of its German extrusion facilities to Vaessen Aluminium for €48.8 million
On Tuesday, July 18, Constellium SE, a global leader in manufacturing high-value-added aluminium products and solutions, announced that it is selling three of its soft alloy extrusion facilities to Vaessen Aluminium. As per the report, Constellium has already signed a binding agreement with Vaessen...
China’s aluminium imports grow 11% Y-o-Y to reach 1.2 million tonnes in H1 2023
China’s aluminium imports, including unwrought aluminium and products, increased 10.7 per cent from the previous year, reaching 1.2 million tonnes during the first half of 2023 ended June 30. According to China customs data, the country imported 211,235 tonnes of aluminium in June – 10.19 per cent...
SuperAlloy Industrial achieves ASI Performance Standard V3 Certification for forged aluminium wheels production
Aluminium Stewardship Initiative has certified SuperAlloy Industrial Co., Ltd. (SAI) with Performance Standard V3 (2022) Certification for manufacturing lightweight metal products for the automotive industry. The certification has been granted for producing high-end forged aluminium wheels and...
