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.
US primary aluminium production in April 2023 dips 3% M-o-M, but daily output remains steady
According to the US Geological Survey, the United States domestic primary aluminium production in April 2023 stood at 63,000 tonnes, down by 2,000 tonnes or 3.08 per cent from 65,000 tonnes in March 2023. On a year-on-year calculation, the output plunged by 19,000 tonnes or 23.17 per cent from...
A00 aluminium ingot price initiates the week with RMB60/t growth after back-to-back falls since July 4
According to the Shanghai Metals Market survey on Monday, July 10, A00 aluminium ingot price has begun the week with an increase of RMB 60 per tonne after four consecutive days of fall since last Tuesday, July 4. As per the data, the aluminium ingot price has pegged at RMB 18,270 per tonne versus...
Malaysia’s aluminium scrap imports from the US beat India hauling 38,500 tonnes in March 2023
In March 2023, the United States exported 38,500 tonnes of aluminium scrap to Malaysia compared to 31,000 tonnes in February, found the US Census Bureau data. Thus, on a month-on-month calculation, the aluminium scrap exports from the US to Malaysia registered an increase of 7,500 tonnes or 24.19...
HVG Facades launches high-quality, sustainable aluminium façade panels Nucleo®
HVG Facades, a leading Australian supplier of premium external wall cladding systems for the construction industry, has reportedly released its latest range of high-quality engineered aluminium façade panels, Nucleo®. The latest panel, made of an internal profiled aluminium board, offers a...
Hydro’s tender offer for Alumetal share sales ends with more than 97% subscriptions
Hydro’s subscription period for the Alumetal share sales tender ended on Friday, June 30, with more than 97 per cent of shares being subscribed. Thus, Hydro can now purchase all Alumetal shares that were subscribed for sale. The timeline of the share purchase is till July 5, and it should be...
Drastic A00 aluminium ingot price fall on July 5 brings it W-o-W lower by RMB250/t: SMM
A00 aluminium ingot price in China has plummeted by RMB 220 per tonne to settle at RMB 18,320 per tonne on Wednesday, July 5, found the Shanghai Metals Market. The drastic fall has lowered the price week-on-week by RMB 250 per tonne and month-on-month by RMB 90 per tonne. Today, the average prices...
Complete Itinerary of 27th International Conference on Non-ferrous Metals - 2023
Two days to go to the 27th International Conference on Non-ferrous Metals and here is the complete itinerary of the 2-day event at Hotel Chanakya BNR, Ranchi, India. The event, organised by Corporate Monitor in association with JNARDDC, will begin on July 7 with an inaugural session starting at 10...
Yunnan aluminium smelters can resume 2.35 MT of capacity on hydropower recovery, expect analysts
Aluminium smelters in Yunnan province, China, have begun increasing production as restrictions on power usage have been eased following a recovery in hydropower output, said an analyst to Reuters. According to Li Lin, aluminium director at Chinese consultancy Aize, about 2.35 million tonnes of...
PM Narendra Modi’s visit convinces US to grant market access to Indian aluminium & steel
The Indian Prime Minister Narendra Modi's recent visit to the United States and Egypt has brought in a solution from both the economic and strategic perspectives. The bilateral meeting among the three countries has resolved six major disputes at World Trade Organisation related to aluminium, steel,...
Dinsheng to acquire Italy's Slim Aluminium for US$61.2 million in a bid to expand the rolling capacity in Europe
Dinsheng New Materials, China's largest aluminium foil, sheet and coil manufacturer with approximately 500,000 tonnes of capacity, is reportedly acquiring Italy's Slim Aluminium by spending EUR 56.3 million (US$61.2 million). The acquisition will include Slim's production plant in Italy as well as...
Novelis to face pressure on margins in near term due to weaker aluminium demand, destocking and lower prices
Novelis, an independent US-based subsidiary of Hindalco Industries and a leading producer of aluminium, is expected to face pressure on margins for at least the next two to three quarters due to weaker demand in the building and construction sector, reduced aluminium can stocking, and lower...
Vedanta and Hindalco’s aluminium ingot prices reflect an oscillating trend this week
Aluminium prices offered by Vedanta and Hindalco have shown a fluctuating trend this week from June 26-30. Vedanta aluminium ingot price started the week on Tuesday, June 27, at INR 203,000-227,000 tonnes, reflecting a drop of about 0.80 per cent from INR 204,750-228,750 per tonne on June 24. The...
US aluminium plates, sheets and bars imports in 1Q2023 reflect a 25% fall despite higher sourcing from Canada
The United States aluminium plates, sheets and bars imports in March 2023 stood at 89,200 tonnes, bringing the total imports in the first quarter to 261,000 tonnes, found the US Census Bureau data. The quarterly import volume edged a fall of 25 per cent year-on-year from 348,000 tonnes. However,...
Alumina production in Europe (incl. Russia) improves 55000 tonnes over a month during May 2023
According to the International Aluminium Institute, alumina production in Europe (incl. Russia) improved during May 2023 for an alternate month, reaching 560,000 tonnes. Compared to a month ago, the output in May grew by 55,000 tonnes or 10.89 per cent from 505,000 tonnes, following a sequential...
ALRO initiates Eco Recycling Facility Stage II operation hoping to boost capacity by nearly 60,000 tpa
ALRO, one of Europe's largest vertically integrated aluminium producers by production capacity, has initiated the operations of Eco Recycling Facility Stage II in Slatina, comprising two double-chamber furnaces, one holding furnace, and a dedicated fume collection and treatment plant. As per the...
Primary aluminium production records substantial M-o-M growth across Europe during May 2023
According to the International Aluminium Institute, primary aluminium production in Russia & Eastern Europe stood at 340,000 tonnes during May 2023 compared to 329,000 tonnes in April. Thus, on a month-on-month calculation, Russia & Eastern Europe’s primary aluminium output recorded an increase of...
ASI certifies Fusão Ligas against Performance Standard Certification for recycling and reusing aluminium byproducts
Aluminium Stewardship Initiative announced on Tuesday, June 27, that it successfully certified Fusão Ligas Comércio e Indústria Ltda. (Fusão Ligas) against the Performance Standard V2 (2017) Certification. The company’s production unit at João Monlevade, Minas Gerais, Brazil, has acquired the...
World alumina production totals 11.918 million tonnes in May’23, with daily output growing 1%
World alumina production in May 2023 recorded a monthly recovery of 4.32 per cent to reach 11.918 million tonnes, found the International Aluminium Institute survey. In April, the output was down by 1.69 per cent M-o-M to 11.425 million tonnes, following a sequential rise of 0.83 per cent in March...
