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.
London Metal Exchange penalizes warehouse firm ISTIM for violating aluminium warrant rules
On 19 th June’20, The London Metal Exchange (LME) stated that it had penalized warehouse operator ISTIM 30,000 pounds ($37,000) for violating aluminium warrant rules. The LME stated in a notice to members: “Between 12 th September’19 and 9 th December’19, ISTIM erroneously instructed its London...
US desire to restore duty benefits to Indian exporters, sun-ray for Indian Aluminium Industry
The US has shown a desire to restore the duty benefits to Indian exporters under its Generalised System of Preferences if it receives a competent counter-offer from the Government of India. The officials of the Ministry of Commerce were closed-lipped on the kind of quid-pro-quo concession India...
Aluminium bodied National Train of Turkey to run on rails in 2020
Adil Karaismailoğlu, Minister for Transport & Infrastructure, Turkey, on 15 th June during a visit to state-owned passenger rolling stock manufacturer Tüvasaş said: “National Train electric multiple-unit developed under a programme to increase the use of domestic technology and support the adoption...
European Aluminium Rollers in the hot-list due to another US dumping investigation
The US Aluminium Association's Common Alloy Aluminium Sheet Trade Enforcement Working Group filed antidumping and countervailing duty petitions against 18 countries on 9 th March’20. This occurs just after 13 months the US Department of Commerce published AD and CVD orders on imports of common...
Oman’s Aluminium ingot export remains vacillating during 2017-20
Oman is a free market economy, but the government is at present the most important factor in the economy, both as an employer and as a purchaser of goods and services. The Omani economy has been growing steadily over the last 25 years and considerable development has taken place. Sohar Aluminium is...
“War against Plastic”: Weldtite rolls-out reusable Pure Aluminium refill bottle
Weldtite is pursuing “wage war on plastic” with the roll-out of reusable Pure Aluminium Refill Bottle. The R&D unit scouted a collection of ideas to functionally lessen the consumption of plastic and considered those refill strategies often place too much importance on the consumer returning with a...
“India will be a global manufacturing hub for EV within the next five years”: Minister of Road Transport, Govt. of India
On 18 th June’20, Nitin Gadkari, Indian Union road transport minister communicated that he believes India will be a manufacturing hub for electric vehicles (EV) and too within the next five years. He added to his statement that multiple countries are folding there are folding their hands from China...
COVID-19 frontline warriors: Utkal Alumina Awards Ex-gratia payments
Hindalco’s Utkal Alumina International Ltd (UAIL) revitalized the frontline COVID-19 warriors by offering an ex-gratia, as recognition which will act as a self-esteem enhancer and catalyst for stimulating the good work. In acclamation towards those personalities that stood at these tough times and...
The “Corona” crisis: Capral Aluminium in Australia operates without any major disruptions
Extruded aluminium manufacturer Capral is continuing to function without major interruptions, in spite of the ongoing COVID-19 crisis. The virus has created economic insecurity and uncertainty globally; however, the company has managed to evade most of the impacts. This has been exhibited in...
Greece export of Aluminium foil indicates rapid growth during 2017-20
Greece has a capitalist economy with a public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies. Greece's Industrial production fell 9.9 % YoY in Apr 2020, following an increase of 0.4 % YoY in the previous month. The aluminium...
“COVID-19” strike: Manohan Aluminium in Fiji remains unaffected
Manohan Aluminium in Fiji Islands has managed to run normal operations during the COVID-19 epidemic. The 40 years old aluminium extrusion and downstream supply company has been employing about 60 people and is continuing with construction projects around the island nation. The COVID-19 breakout has...
European Aluminium demands action on subsidized Chinese supply
The Brussels-based European Aluminium said: “The European aluminium industry needs additional instruments to address the harmful effects of Chinese subsidies.” European Aluminium is a trade group consisted of more than 80 producers of the metal. The organization lauded that it is calling upon the...
DRDO: Made in India Aluminium bodied automatic sanitizer dispensing unit now entering the households as mini version floats
Publicizing a first of its kind innovation, Riot Labz presents a small version of Oakmist – automatic mist based hand sanitizer dispensers, named “Oakmist Mini”. This was designed and developed by the Defence Research and Development Organisation (DRDO). The Mini version is being floated to meet...
Alcoa: Onset for a formal consultation process with Spanish works council regarding San Ciprián Aluminum Smelter
On 17 th June’20, Alcoa Corporation, a global leader in bauxite, alumina and Aluminum made public that from 25 th June’20, it plans to begin the formal process for the collective dismissal of employees at its San Ciprián aluminium facility in Spain. On 28 th May ’20, Alcoa set forth an informal...
China’s tension with India will upsurge India’s domestic production, including Aluminium
“The scaling tensions with China create an accelerated expectation of India’s attempt slow down its import dependency from its neighbour of North and shift the required demand to the local manufacturing” – as per industry experts. Even though China has cropped up to be India’s biggest trading...
Kyrgyzstan’s import of Aluminium Bar Rods and Profiles remains flat during 2018-19: Projected 65.17% growth for 2020
Kyrgyzstan is a Central Asian country which is landlocked with mountainous terrain. It is bordered by Kazakhstan to the north, Uzbekistan to the west and southwest, Tajikistan to the southwest and China to the east. Kyrgyzstan is a member of the Russia-backed Eurasian Economic Union. Its economy is...
Transpower advises Tiwai Point Smelter to hold-up a year for discount, Rio Tinto voices its “urgent”
The Tiwai Point aluminium smelter with 800 employees near Bluff in New Zealand might have to hold up for a year to find out whether their jobs are safeguarded as the combat over its power bill continues. The Electricity Authority of New Zealand last week covered the way for the smelter to apply for...
Audi reduces carbon footprint by using closed aluminium circulation
Since 1994, Audi has been plying aluminium in its car bodies, but aluminium production is very energy-intensive. That is the reason Audi has been using a closed circulation of this material. It was introduced in 2017 at the Neckarsulm factory, and at the beginning of this year also at the...
