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.
Vedanta’s aluminium ingot price sees a growth after several cuts since March 7, thanks to the LME price hike
Vedanta Limited has lifted its aluminium ingot and aluminium products prices on Wednesday, March 15, after several cuts, in response to the LME aluminium price hike. Vedanta, India's leading aluminium producing company, has added INR 4,500 per tonne to its aluminium ingot price to sell the primary...
Nuveen Asset Management LLC sheds 892 shares of Kaiser Aluminium Co.
Nuveen Asset Management LLC, an investment advisory solutions provider, quit 892 shares of Kaiser Aluminum Co. during the third quarter of 2022, according to the company’s most recent filing of Form 13F with the Securities & Exchange Commission. Nuveen owned 103,463 shares of Kaiser during the...
Hindalco continues to cut its aluminium products prices, bringing the wire rod price to INR222600/t on March 14
Hindalco Industries Limited has continued to cut its aluminium products prices for the fourth consecutive time since March 2 in line with the sluggish trend in the LME aluminium benchmark price. With effect from Tuesday, March 14, Vedanta has reduced its aluminium wire rod price by INR 1,500 per...
Vedanta Aluminium to supply fly ash for 5 years and spent pot lining for 3 years to Dalmia Cement
Vedanta Aluminium will reportedly supply industrial wastes like fly ash and spent pot lining to Dalmia Cement for manufacturing low-carbon cement. The two companies have formed a partnership, noting Vedanta’s mega aluminium smelter at Jharsuguda will send around 20 rakes of fly ash per month for...
US alumina imports record a 21% Y-o-Y rise to 1.88 MT, with Australia withholding the second position as exporter
According to the US Census Bureau survey, the United States imported 508,000 tonnes of alumina in the fourth quarter of 2022, which reflected a significant rise of 63,000 tonnes or 25.39 per cent quarter-on-quarter from 445,000 tonnes. On a year-on-year calculation, the United States alumina...
Alba bags financing loan from BBK for its 6 MW Solar Farm as a move towards Net Zero Emissions by 2060
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter ex-China, has reportedly announced to have secured sustainable financing loan of BD 1.6 million from the Bank of Bahrain & Kuwait (BBK) for its Solar Farm Project. The news came on March 12, 2023, after Alba's CEO Ali Al Baqali...
AAC supports Canada’s ban on Russian aluminium imports, assuring to back with more favourable sanction ideas
As soon as the Canadian Government declared a total ban on Russian aluminium, with an immediate effect on March 10, it received support from the Aluminum Association of Canada (AAC). Jean Simard, President and CEO of the AAC, said: "This ban by the Canadian government closes the door on imports...
Daniel W. Fisher succeeding John A. Hayes as chairman of Ball Corporation, effective from April 26
Ball Corporation, a global supplier of innovative and sustainable aluminium packaging solutions for beverage, personal care and household products, has reportedly elected Daniel W. Fisher as chairman of the board. Mr Fisher has been serving Ball Corporation as president and chief executive officer,...
China’s daily alumina production mounts to 219000 tonnes in Feb’23, yet fails to bring monthly output higher in 28 days
In February 2023 (28 calendar days), China’s metallurgical-grade alumina production decreased by 3.9 per cent month-on-month to stand at 6.12 million tonnes versus 6.37 million tonnes in January (31 calendar days), found the Shanghai Metals Market data. But the daily output increased by 14,000...
NALCO’s aluminium ingot price sees a cut of INR4500/t effecting from March 10
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and aluminium products prices by INR 4,500 per tonne, with effect from Friday, March 10. This has brought the company’s aluminium ingot price to INR 219,650-223,150 per tonne compared to INR 224,150-227,650 per tonne on February...
US aluminium crude metals and alloys imports surge 39% M-o-M in Dec’22, but imports in Q4 decline 3%
According to the US Census Bureau data, the United States imported 388,000 tonnes of aluminium crude metals and alloys in December 2022. On a month-on-month calculation, the import volume surged by 109,000 tonnes or 39.07 per cent from 279,000 tonnes, and on a year-on-year basis, increased by...
China’s A00 aluminium ingot price plummets by RMB230/t; Low-carbon aluminium price declines below RMB19000/t
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price has plummeted by RMB 230 per tonne on March 10, following a dip of RMB 10 per tonne last day. Thus, the price has closed the week at RMB 18,230 per tonne, recording a week-on-week fall of RMB 320 per tonne or 1.73...
Speira to close its remaining aluminium smelting operations at the Rheinwerk plant in H2 2023
Germany's Speira, a leading global recycler and manufacturer of advanced aluminium rolled products, announced on Thursday, March 9, that it would shut its smelting operations at the Rheinwerk plant due to high energy prices. The news came after the company said in an official statement, "Speira...
CUMI launches its home-grown monocrystalline alumina at GrindTec Fair in Leipzig, Germany
Carborundum Universal Limited (CUMI), one of India's largest and oldest conglomerates and leading manufacturers of abrasives, ceramics, refractories, aluminium oxide grains and machine tools, unveiled its new product 'CUMI Monk' at GrindTec Fair in Leipzig, Germany. CUMI Monk or Monocrystalline...
Hydro’s HalZero primary aluminium production technology to enter a new development phase
Hydro is on the way to initiate a new development phase of its one-of-a-kind production technology -HalZero, a brand new process for primary aluminium production. With the Norwegian government's support, the company will invest in a test facility, hoping the technology will help deliver pilot...
Vedanta Lanjigarh, the first in India, receives ISO 17025:2017 certification for calcined alumina testing
Vedanta Limited, Lanjigarh, announced last month that its in-house laboratory received an official certification, the first in India, for its ability to test calcined alumina on all relevant physical and chemical parameters such as Bulk Density, BET Surface Area, Iron, Silicon, and Sodium. That...
Hindalco sharply cuts its aluminium ingot price by INR6000/t with effect from March 7
Hindalco Industries Limited significantly reduced its aluminium ingot and aluminium products prices on Wednesday, March 7, in line with the LME aluminium price plunge over the past three days. The company has axed its aluminium ingot price by INR 6,000 per tonne or 2.67 per cent, with effect from...
Alumina production in Europe (incl. Russia) registers a 6% fall M-o-M during January 2023
Alumina production in Europe (incl. Russia) stood at 517,000 tonnes during January 2023, which was down by 6.17 per cent or 34,000 tonnes from 551,000 tonnes in December 2022, found the International Aluminium Institute. On a year-on-year calculation, the output recorded a plunge of 41.58 per cent...
