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.
Rusal starts producing raw material for catalysts and VOGA fire retardants at Achinsk Alumina Refinery
Rusal, the world’s second-largest aluminium producer by primary output, has reportedly developed and inaugurated the production of raw materials for catalysts at the Achinsk Alumina Refinery (RUSAL Achinsk), besides the production of VOGA fire retardants. The project has involved an investment of...
NALCO cuts its aluminium ingot price by INR4000/t with effect from February 28
National Aluminium Company Limited (NALCO) axed its aluminium ingot and aluminium products prices by INR 4,000 per tonne on Tuesday, February 28. That brought the company’s aluminium ingot price to INR 224,150-227,650 per tonne versus INR 228,150-231,650 per tonne on February 23. NALCO’s latest...
Adani's Mundra Aluminium Ltd is declared as a preferred bidder for the Kutrumali bauxite block, Odisha
Mundra Aluminium Ltd, a wholly-owned subsidiary of Adani Enterprises incorporated in December 2021, is selected as the preferred bidder for the Kutrumali bauxite block by the Odisha government. The news came after the company received a letter of intent dated February 27, 2023, from the Odisha...
OnePlus Ace 2V, the first-ever mid-ranger, sports flagship-grade flat aluminium sides
On Tuesday, February 28, OnePlus announced it would launch its new phone OnePlus Ace 2V on March 7 in China, highlighting a few premium features of the device. On the official Chinese Weibo account, OnePlus posted that its new product, the brand’s first-ever mid-ranger, would feature flagship-grade...
LME aluminium benchmark price slips by US$14/t to settle at US$2300/t; SHFE grows to US$2670/t
Three-month LME aluminium opened at US$2,370 per tonne on Tuesday and closed at US$2,372 per tonne, a decrease of US$4.5 per tonne or 0.19 per cent. On Tuesday, February 28, the LME aluminium cash bid price and LME aluminium official settlement price again decreased after an intermittent rise on...
World alumina production drops 1% Y-o-Y to 11.647 million tonnes, but China’s output grows 4%: IAI
World alumina production in January 2023 totalled 11.647 million tonnes, with China accounting for more than 50 per cent, found the International Aluminium Insitute. The world’s biggest alumina and primary aluminium producer churned out 6.7 tonnes of aluminium ore in January, which majorly remained...
China’s primary aluminium inventories add 20,000 tonnes to reach 1.268 million tonnes on Feb 27
According to the Shanghai Metals Market survey, China’s social inventories of primary aluminium across eight major consumption areas, including SHFE warrants, totalled 1.268 million tonnes on Monday, February 27. Over the weekend, the inventories increased by 20,000 tonnes from 1.248 million...
US primary aluminium production records a sequential growth of 2% for 4Q2022, but annual output declines by 28,000 tonnes
According to the U.S. Census Bureau survey, the United States domestic primary aluminium production in December 2022 grew by 2,000 tonnes or 3.23 per cent month-on-month, amounting to 64,000 tonnes. That brought the country's total output in the last quarter of the year to 190,000 tonnes, up by...
Aluminum Association supports the US decision of a new 200% tariff on Russian aluminium
The Aluminum Association, a trade association for the aluminum production, fabrication and recycling industries and their suppliers, has flagged a warning of the worldwide ripple effects due to the Russia-Ukrain geopolitical conflict. The association has assured the aluminium industry stands united...
China’s domestic average alumina price dips by RMB1/t to RMB2946/t; A00 aluminium ingot price remains muted
According to the Shanghai Metals Market, China’s domestic average alumina spot price has dipped by RMB 1 per tonne to settle at RMB 2,946 per tonne as of Tuesday, February 28. In Henan and Guizhou, alumina price has plunged by RMB 15 per tonne and RMB 5 per tonne to stand at RMB 2,980 per tonne and...
Africa’s primary aluminium production extends M-o-M growth in January 2023 reaching 143,000 tonnes
In January 2023, Africa’s primary aluminium production amounted to 143,000 tonnes, continuing to increase by 3,000 tonnes or 2.14 per cent month-on-month, found the International Aluminium Institute survey. In December 2022, Africa produced 140,000 tonnes of primary aluminium, which was up by 11.11...
EEG collects 7,357 kg of aluminium cans for recycling in "Say: Yes to Can Recycling, No to Carbon Emissions" campaign
The Emirates Environmental Group (EEG), in its first major recycling campaign for 2023, collected 7,357 kg of aluminium cans. This year, the campaign “Can Collection Day” was held on Sunday, February 26, under the theme “Say: Yes to Can Recycling, No to Carbon Emissions”. Mrs Habiba Al Mar’ashi,...
Hindalco’s aluminium products prices experience a sharp cut of INR11250/t in only three days
Hindalco Industries Limited axed its aluminium products prices for three consecutive days last week since February 23. Following the cut of INR 3,750 per tonne on February 23 , Hindalco withdrew another INR 1,750 per tonne from its aluminium wire rod price on February 24. Hence, the product’s...
Century Aluminum reports an 87% hike in annual net sales for FY2022 amid sluggish shipment volume
On February 23, Century Aluminum declared its financial results ended December 31, 2022, revealing an increase in annual net sales by 87.45 per cent from US$2,212.50 million in FY21 to US$2,777.30 million in FY2022. But that during Q4 2022 stood down by 16.84 per cent at US$529.9 million versus...
LME aluminium benchmark price slumps by US$61.50/t over the weekend; SHFE price moves down to US$2642/t
Three-month LME aluminium opened at US$2,389.50 per tonne last Friday and closed at US$2,642 per tonne, a decrease of US$47.50 per tonne or 1.99 per cent. On Friday, February 24, the LME aluminium benchmark price contracted significantly, marking the third consecutive fall. While the LME aluminium...
NALCO increases its aluminium ingot price by INR1600/t with effect from February 23
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium products prices, with effect from Thursday, February 23, after several cuts since February 7, 2023. This week, the company has lifted its aluminium ingot price by INR 1,600 per tonne to INR 228,150-231,650...
Constellium reports a 31% hike in annual revenue despite sluggish shipments in CY2022, thanks to robust metal prices
On Wednesday, February 22, Constellium SE, a global leader in developing, manufacturing, and recycling aluminium products, announced the fourth quarter and full-year results ended December 31, 2022. The company reported its revenue grew by 8 per cent year-on-year to €1.8 billion in Q4 2022,...
Alstom and Medha also join the race to acquire 100 aluminium trainsets contract for Vande Bharat
Two leading mobility solution providers and rolling stock giants from two different parts of the world, Alstom and Medha Servo Drives, have reportedly participated in bidding to manufacture 100 lightweight Vande Bharat trainsets. While Alstom is the only bidder among the five contenders not...
