AlCircle News Edited By "Rupankar Majumder"
A professional with a technical background, specialising in producing insightful content centred around metals, particularly aluminium, passionately engaged in the intricacies of the recycling sector.
India Govt. may slash import duties on aluminium and other commodities: Sources
The government of India may ponder slashing import duties on products like aluminium, steel, copper, etc. in the budget to dispense some relief to SMEs that have been heavily impacted by the escalation of input costs, as reported by two industry experts aware of this development. The experts also...
A joint venture with Japan to a wholly-owned company, Inalum’s journey to witness 46 years
On 6 th January 2022, the Indonesian state-owned company specialized in aluminium smelting, PT Indonesia Asahan Aluminum, commonly known as Inalum will be 46 years old. All it started with a joint venture between the Indonesian and Nippon Asahan Aluminium Co. Ltd., a consortium of Japanese...
Downstream products weekly recap: Lewisport aluminium rolling mill to receive $167 million investment from Commonwealth Inc.; Exco Technologies to acquire extrusion dies business of Halex Holdings GmbH
The most vital segment of the global aluminium industry, the downstream division remained highlighted even during the last week and ending days of 2021. The world suffered heavily due to the deadly Covid-19 virus both in 2020 and as well as in 2021. In every corner of the world, the manufacturing...
Noranda Bauxite initiates ‘Operation Discovery Tree’, a project to raise the forested areas in the parish of St. Ann.
Noranda Bauxite, Atlantic Alumina and Jamaica Bauxite Mining Limited made public the launch of Operation Discovery Tree, a project with a purpose to proliferate the forested areas in the parish of St. Ann. Operation Discovery Tree will incorporate the development of a tree nursery on selected lands...
India’s leading non-ferrous metal scrap company ‘Nupur Recyclers’ IPO listed on NSE Emerge platform
The leading name in India’s importation ground of non-ferrous metal scrap such as aluminium Zorba grades among other scrap metals, Nupur Recyclers has settled the share allotment for its initial public offering (IPO). On 23 rd December 2021, Nupur Recyclers has listed on a premium of 23.33% at the...
Estonia’s import of aluminium cans during 2018-20 manifests express growth; 22% dip estimated for 2021
Estonia is considered to be one of the fastest-growing economies in the world, as the country’s Q3 GDP growth of 8.6% Y-o-Y surpassed Europe’s and the world’s average GDP growth of 3.9% and 4.5% respectively. The Northern European nation, Estonia imported 12,768 tonnes of aluminium cans during...
Brazil Govt. approves duty-free import of 350,000 tonnes aluminium for 2022
On 22 nd December 2021, the official gazette of the government of the largest country in South America and Latin America, Brazil notified that it has sanctioned a duty-free import quota for non-alloyed aluminium of 350,000 tonnes for 2022. However, on 21 st December a conclusive decision was drawn...
European Union to impose additional tariffs on Chinese aluminium foil import
The industry body representing 80 plus member bodies of the European aluminium industry, European Aluminium stated that it will impose additional tariffs on aluminium foil importing from China following the European Commission discovered that producers in the region gained from excessive and unfair...
Vietnam’s import of aluminium stranded wire during 2019-21 unveils rise in import demand followed by de-growth
The Delta variant of COVID-19 impacted the stride of Vietnam’s economic growth, as it is envisioned to remain moderate at 2.3% in 2021 when compared to the 2.9% growth rate record in 2020. However, a strong recovery in GDP growth momentum is forecasted for 2022, at a rate of 6.3% Y-o-Y, due to an...
Romania’s Alro slash production at the aluminium smelter, intent for total close down
The President of the trade union within Alro Slatina, Constantin Popescu stated that integrated aluminium producer, Alro has initiated a program of a complete shutdown of the production activity due to the surge in electricity prices. Alro remains one of the biggest aluminium companies of Romania...
Montenegro power transmission operator to disconnect the supply of KAP aluminium smelter
On 21 st December 2021, the state-owned power transmission system operator of Montenegro, Crnogorski Elektroprenosni Sistem (CGES) said that it will disconnect aluminium smelter KAP from the grid on 31 st December 2021. CGES stated in a notice that they have sent to the owner of the smelter,...
Vedanta aluminium smelter expansion plan obstructed by ‘Odisha High Court’ on environmental ground
The leading aluminium producer of India, Vedanta’s aluminium smelter expansion plan in Jharsuguda has been obstructed by Odisha High Court on the environment clearance grounds. The mining and metal company based in India is projected to augment its annual production capacity from 16 lakh MT to 18...
UK’s import of aluminium household articles during 2019-21 displays marginal drop followed by enterprising growth
Aluminium is a non-toxic commodity that is utilised in the manufacture of woks, pressure cookers and many other household articles without dismay. The products are easy to clean and do not contaminate the food at any stage. Another most important reason for the usage of aluminium in household...
Exco Technologies to acquire extrusion dies business of Halex Holdings GmbH
On 20 th December 2021, the Canadian global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries, Exco Technologies Limited, publicized that it has inked a definitive agreement to acquire the extrusion dies business of Halex Holdings GmbH (“Halex ®...
Vedanta Aluminium rolls out high-speed billets for global extrusion industry
The largest aluminium producer of India, Vedanta’s Aluminium Business has rolled out high-speed billets for the global extrusion industry through a virtual event with associates from the downstream and extrusion industry. The commodity tycoon Anil Agarwal chaired company’s global experts on billet...
Hydro invests in Deeside aluminium remelting plant to increase recycling production
The global aluminium giant Norsk Hydro’s investment scales up Hydro Aluminium Deeside’s situation in the UK extrusion ingot domestic market delivering consumers with higher recycled aluminium from Q1 2023. Trond Olaf Christophersen, the head of Recycling in Hydro Aluminium Metal: "With this...
Saudi Arabia’s import aluminium foil during 2019-21 signifies volatile movement
According to the primary evaluation report from the government, the economy of Saudi Arabia grew at a rapid pace in nearly a decade in Q3 fostered by higher oil prices. As per the statistics of the General Authority, it reveals that GDP in the kingdom was augmented by 6.8% compared same quarter of...
Indian scientists make headway for an eco-friendly process to enhance the anti-corrosiveness of high-strength aerospace aluminium alloys
Indian scientists have succeeded in developing an environment-friendly process for enhancing the anti-corrosive feature of high-strength aerospace aluminium alloys. The aerospace, automobile and marine sector globally utilizes aluminium alloys as applications precisely for its strength-to-weight...
