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’s primary aluminium production in February drops for the second month this year to 5.273 MT
In February 2023, the world's primary aluminium production totalled 5.273 million tonnes, reflecting a second consecutive drop this year. Compared to 5.823 million tonnes in January 2023, the world's primary aluminium output recorded a decrease of 9.45 per cent month-on-month, found the...
Uno Minda board approves 81.69% stake acquisition in Kosei Minda Aluminium to bring together 4W alloy business
On Monday, March 20, Uno Minda Ltd announced that its board gave a go-ahead signal to raise its stake to 81.69 per cent in Kosei Minda Aluminium and 49.90 per cent in Kosei Minda Mould, expecting the move to help Uno Minda consolidate its 4W alloy business. Uno Minda, located in North India, is a...
Vedanta’s aluminium wire rod price undergoes two succeeding cuts totalling INR221,000-228,500/t
Vedanta Limited continued to reduce its aluminium products prices on Saturday, March 18, bringing its aluminium wire rod price to the range between INR 221,000-228,500 per tonne, down by INR 1,500 per tonne from the previous day. On Thursday, March 16, Vedanta’s aluminium wire rod price stood at...
Federal Metal Co. to invest $17.8 million in building a new facility for sorting aluminium-copper radiators
Federal Metal Co., Bedford, USA, has announced an investment of around $17.8 million in building and equipping a facility in North Little Rock, Arkansas, to melt post-consumer aluminium-copper radiators to create recycled-content metal products. According to Peter Nagusky, Federal Metal’s president...
Iranian alumina output in 11 months of the current calendar year records a 2% drop Y-o-Y: IMIDRO
According to the data released by the Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO), Iran's alumina powder output during the first eleven months of the current Iranian calendar (March 21, 2022-February 19, 2023) totalled 206,887 tonnes. That reflected a 2 per...
China’s Jan-Feb aluminium imports grow 11.3% Y-o-Y, thanks to industrial recovery post COVID restriction ease
According to China customs data, China’s total aluminium imports in January and February grew by 11.3 per cent year-on-year, given the anticipated demand improvement once the country reopens. Customs data showed China imported 374,321 tonnes of unwrought aluminium and products, including primary...
Rio Tinto spent A$15.3 billion towards community growth in 2022
Rio Tinto increased its expenditure budget on Australian suppliers to more than A$15.3 billion in 2022 to support communities where it operates. Rio raised its budget by almost 9 per cent than the previous year and equally distributed among more than 6,200 businesses, including Australian-owned and...
NALCO’s aluminium ingot price experiences a third cut since February-end
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices for the third time in a row since the February end. With effect from Saturday, March 18, the company has cut its aluminium ingot price by INR 3,800 per tonne or 1.73 per cent to INR...
Xingfa Aluminium posts a 9.7% Y-o-Y rise in revenue but still lags behind analyst estimates
Xingfa Aluminium Holdings, a famous large-scale architectural aluminium profiles and industrial aluminium profiles manufacturer in China, announced its full-year 2022 results ended December 31, reporting a 9.7 per cent year-on-year rise in revenue to RMB 16.9 billion. But it missed analyst...
Czinger & Xtrac jointly build a topology-optimised gearbox case 3D-printed in aluminium alloy
Czinger Vehicles Inc., a Los Angeles-based automobile manufacturer of hybrid sports cars, launched a 3D printed automotive gearbox case which the company claimed as the world’s first. In collaboration with UK automotive engineering firm Xtrac, Czinger used topology optimization software to design...
Hindalco’s aluminium products prices again record a fall on March 16 after an intermittent hike
Hindalco Industries Limited again cut its aluminium products prices on March 16 after an intermittent hike the previous day. According to the latest price list, the company’s aluminium wire rod price has come in at INR 225,100 per tonne as of March 16, down by INR 2,000 per tonne. On March 15, the...
Production cost surge fails to suppress Rusal’s aluminium output in 2022 but weighs on profit
On Friday, March 17, Rusal announced a higher aluminium production in 2022, mitigating several challenges like Australia’s alumina export ban to Russia, suspension of alumina production at the Mykolaiv refinery, and inflated production cost due to energy and raw materials price hike. Rusal’s...
LME aluminium price settles at US$8.5/t lower; SHFE price grows reflecting a W-o-W hike
Three-month LME aluminium opened at US$2,283 per tonne and settled at US$2,280 per tonne, down 0.07 per cent. On Thursday, March 16, the LME aluminium cash bid price saw a further drop of US$8 per tonne or 0.36 per cent to stand at US$2,237 per tonne, and the LME aluminium official settlement price...
Ready-mixed ‘Jack & Coke’ by Coca-Cola ready to hit the Japanese market in aluminium cans
According to a recent report, Cola-Cola Japan has introduced ready-mixed cocktails of Jack Daniel’s and Coke packaged in aluminium cans. Inspired by the classic bar cocktail, the beverage is made with Jack Daniel’s Tennessee Whiskey and Coca‑Cola. The beverage was initially launched in Mexico in...
Constellium SE publishes its 2022 Sustainability Report, maintains a 'Platinum' rating from Ecovadis
On Wednesday, March 15, Constellium SE, a global producer of aluminium rolled products, extruded products and structural parts, published its 2022 Sustainability Report noting that it again achieved best-in-class safety performance, delivering 1.85 per million working hours versus a target of 1.5...
China’s aluminium plate/sheet, strip & foil operating rates slightly up in Feb'23, given a slow improvement in new orders
According to the Shanghai Metals Market survey, the average operating rates of China's domestic aluminium plate/sheet and strip producers stood month-on-month higher by 0.62 percentage point at 63.15 per cent during February 2023. But on a year-on-year basis, the operating rates edged a significant...
GAC receives Guinea's first ASI Certification for bauxite mining
Guinea Alumina Corporation SA (GAC), the bauxite mining subsidiary of Emirates Global Aluminium, has acquired Performance Standard V2 (2017) Certification from the Aluminium Stewardship Initiative. It represents the first Guinean entity to receive ASI Certification. As per the report, GAC has...
South America’s monthly alumina production initiates 2023 with a 1% drop
In January 2023, alumina production in South America stood at 1.029 million tonnes, reflecting a month-on-month decline of 1.25 per cent from 1.042 million tonnes, found the International Aluminium Institute survey. However, on a year-on-year calculation, the output recorded an increase of 3.42 per...
