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.
Hindalco’s Hirakud flat-rolled products plant bags dual ASI certification
Last week, Hindalco Industries Limited reportedly bagged dual certification from the Aluminium Stewardship Initiative – 1) Performance Standard V2 (2017) and 2) Chain of Custody V1 (2017) for its aluminium rolling operations at Hirakud FRP (flat rolled products) plant in Odisha, India. Hindalco...
A00 aluminium ingot price in China returns to RMB18470/t on March 8; Aluminium alloys prices lose RMB100/t
A00 aluminium ingot price in China has again lost RMB 100 per tonne, which it gained the earlier day, according to the Shanghai Metals Market survey. Therefore, as of March 8, the price has returned to RMB 18,470 per tonne, with average prices estimated to range between RMB 18,450 per tonne and RMB...
Vedanta’s aluminium products prices see a slash of INR5750/t with effect from March 7
Vedanta Limited has axed its aluminium products prices by INR 5,750 per tonne on Tuesday, March 7, following a hike last week. The company’s latest price slash has brought its aluminium wire rod price to INR 227,250-234,750 per tonne versus INR 233,000-240,500 per tonne on March 2. Vedanta’s...
EGA announces record revenue of $9.4 billion for 2022, along with a sales hike to 2.72 million tonnes
Emirates Global Aluminium (EGA) has published its financial and operational results for 2022, reporting a record revenue of AED 34.6 billion ($9.4 billion), up by 36 per cent from AED 25.5 billion ($6.9 billion) in 2021. Net profit also grew significantly to stand the highest ever at AED 7.4...
US crude and dried bauxite imports grow quarterly by 13% in 4Q2022; imports from Jamaica hike to 593,000 tonnes
The United States crude and dried bauxite imports stood highest in the fourth quarter of 2022 than all the prior quarters, found the US Census Bureau in its latest survey. The country imported 757,000 tonnes of bauxite in Q4, significantly up by 13.15 per cent or 88,000 tonnes from 669,000 tonnes...
Global aluminium producers offer $125-145/t shipment premiums to Japanese buyers for 2Q2023
According to Marubeni Corp, a major Japanese integrated trading and investment business conglomerate, global aluminium producers have mutually agreed to propose $125-145 per tonne of premiums to Japanese buyers for the second quarter of 2023. The news came on March 6 after five sources directly...
US aluminium plates, sheets and bars exports hike 48% in 4Q2022; exports to Canada grow 7.63% to 74,800 tonnes
In December 2022, the United States aluminium plates, sheets and bars exports stood at 55,200 tonnes, down by 13.88 per cent or 8,900 tonnes month-on-month from 64,100 tonnes, according to the US Geological Survey data. However, on a year-on-year calculation, the export volume edged 26.63 per cent...
China’s alumina spot price drops by RMB5/t; A00 aluminium ingot price registers a W-o-W decline of RMB140/t
The average alumina spot price in China has started the week on Monday, March 6, with a drop of RMB 5 per tonne (US$0.73/t) to stand at RMB 2,936 per tonne (US$425.81/t), found the Shanghai Metals Market. In Guangxi, the alumina price has decreased by RMB 20 per tonne (US$2.9/t) to peg at RMB 2,835...
Top innovative aluminium applications in the building and construction sector in 2022
Aluminium has become a metal of choice in the building and construction sector for its intrinsic properties like lightweight and corrosion resistance. The metal is commonly used for wall panels and roofing solutions like finished roofs and domed structures, drains, fenestration casings and...
China’s primary aluminium inventories reflect a W-o-W growth of 1.7% this week: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium totalled 1.269 million tonnes across eight major consumption areas in China, including SHFE warrants, as of Thursday, March 2, 2023. Compared to a week ago, February 23, the inventories have accumulated 21,000 tonnes...
Glencore to debut in aluminium scrap & dross recycling operation in USA by 2023-end
Glencore, one of the world's largest globally diversified natural resource companies, has reportedly entered into a partnership with scrap brokerage Zeb Metals to advance its aluminium scrap and dross recycling operation at a new plant in South Carolina, USA. The plant is scheduled to commence...
Vedanta’s aluminium wire rod price undergoes a hike of INR4500/t with effect from March 2
Vedanta Limited elevated its aluminium products prices by INR 4,500 per tonne on Thursday, March 2, after the last revision about a week ago on February 25. The latest hike has brought the company’s aluminium wire rod price to INR 233,000-240,500 per tonne versus INR 228,500-236,000 per tonne on...
Vedanta celebrates National Science Day with students to make them learn ‘Science of Aluminium’
To commemorate National Science Day, India's largest aluminium producer Vedanta Aluminium organised a visit for Women's Degree College students to their mega aluminium smelter at Jharsuguda to learn and experience the 'Science of Aluminium' as part of the Campus Connect Programme. The aim was to...
LME aluminium benchmark price stands slightly higher at US$2366.5/t; SHFE price slips by US$12/t
Three-month LME aluminium opened at US$2,441.50 per tonne on Thursday, March 2, and closed at US$2,395.50 per tonne, down US$48.50 per tonne or 1.98 per cent. LME aluminium cash bid price and LME aluminium official settlement price continued to grow but at a much lower rate. The former grew by only...
Yamaha begins using recycled aluminium for its motorcycle parts to achieve carbon neutrality by 2050
Yamaha Motor Company, a Japanese multinational manufacturer of motorcycles, has started using green aluminium for manufacturing vehicle parts, with effect from February 2023. Yamaha is the first Japanese motorcycle company using aluminium. It has reportedly entered into a new agreement with an...
India’s Dec'22 aluminium scrap imports from US beat Malaysia standing at 33,300 tonnes; Q4 imports shrink 20% sequentially
According to the US Geological Survey, India imported 102,900 tonnes of aluminium scrap from the United States during the fourth quarter of 2022, which reflected a sequential downfall of 20.11 per cent from 128,800 million tonnes in Q3 2022. In total, India imported 231,700 million tonnes of...
Hindalco elevates its aluminium ingot price by INR4750/t on March 2 after successive cuts last week
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices on Thursday, March 2, after consecutive cuts last week during February 23-25. The company has added INR 4,750 per tonne to its aluminium ingot price to bring it to INR 224,750 per tonne versus INR 220,000...
A00 aluminium ingot price grows by RMB90/t but stands W-o-W lower; Aluminium alloy (A356) price climbs to RMB19600/t
A00 aluminium ingot price in China has continued to grow by RMB 90 per tonne to score above RMB 18,500 per tonne. According to the Shanghai Metals Market survey, the price stands at RMB 18,530 per tonne on Thursday, March 2, with average prices likely to range between RMB 18,510 per tonne and RMB...
