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.
Rusal makes regular payments toward its tax bill, says Jamaica
The Jamaican Transport and Mines Minister, Audley Shaw stated that the Russian aluminium giant and one of the leading producers of aluminium in the world, Rusal has kept its commitment to payments to Jamaica as a part of a 2021 agreement to pay off production taxes it obliges to the government. The...
Rheinmetall and its Chinese JV KPSNC win major order for transmission housings
The renowned development partner and direct supplier to the global automotive industry and a leading international systems provider for security technology, Rheinmetall jointly with its Chinese joint venture KPSNC, has bagged a major order for transmission housings from a world-leading producer of...
Aluminium scrap exports by Estonia reached a record high during 2019-22
Aluminium is 100% recyclable and does not lose any of its properties or quality when it is recycled. Aluminium has been produced for over a century and is still in production today. Its recyclability plays a critical role in its success. Recovery and recycling have proven to be so valuable - both...
Austria’s export of aluminium scrap during 2019-21 manifests sustainable growth; a 3% upswing estimated for 2022
The recycling of aluminium has significant positive effects on the economy and the environment. The metal has an infinite recyclable feature, which consumes up to 95% less energy to recycle than to produce primary aluminium rationally and it also limits emissions, including greenhouse gases....
India: MSME sector applauds govt. for reducing duty on raw materials, advocates more for aluminium
On 22 nd May 2022, the Micro, Small and Medium Enterprises (MSME) sector players of India praised the government’s decision to lessen the duty on raw materials for steel and plastics in a way to reduce the prices. However, the sector owners stated that to ensure Indian exporters are not outbid by...
Downstream products weekly recap: Metal Exchange Corp acquires Medalco Metals; Constellium collaborates with Nikon's subsidiary for additive manufacturing development
The downstream aluminium segment has witnessed some key progress this week. St Louis, a US-based global family of companies focused on aluminium and other nonferrous materials, Metal Exchange Corporation acquires Medalco Metals, the full line distributor of Aluminum Flat-Rolled Products from foil...
TRA proposes to shield UK aluminium extrusion industry from Chinese imports
On 20th May 2022, the Trade Remedies Authority, the UK body that investigates whether trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports, has proposed new measures for the UK aluminium extrusion industry to be protected from Chinese dumping....
Arconic seeks to sell its Russian operations, $500 million loss count for exit
Arconic Inc., the spun off from the US aluminium giant Alcoa Corporation is seeking to sell its Russian business, as per the statement released by the company. The losses for the American industrial company, Arconic, specializing in lightweight metals engineering and manufacturing anticipated...
IDRC dismisses RAKIA’s claim against India on the Bauxite Supply Agreement
The Andhra Pradesh state government has achieved a major victory against Ras-Al-Khaimah Investment Authority’s (RAKIA) $273 million damage claim by over cancellation of the Bauxite Supply Agreement (BSA) inked by AP Mineral Development Corporation in October 2008. RAKIA, Penna Group and the Andhra...
Metal Exchange Corp acquires aluminium FRP full line distributor Medalco Metals
The global leader in the purchasing, processing and manufacturing of non-ferrous metals, Metal Exchange Corporation has made public that it has acquired Medalco Metals Inc., a US-based distributor of light gauge aluminium rolled products. Medalco, founded in 2003 has successfully positioned itself...
Turkey’s aluminium scrap export during 2019-22 unveils an unsettling trend in the era of recycling
Aluminium is a highly recyclable metal that is extensively recycled globally. Recycling aluminium offers several benefits to the environment and economy. Many producers now have targets for increasing the use of secondary materials, since they can save both energy and costs. As per the data...
Constellium collaborates with Nikon's subsidiary for additive manufacturing development using aluminium powder solution
Constellium SE, the global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications is coming to terms with Morf3D, a subsidiary of Nikon Corporation for an additive manufacturing development program using Aheadd CP1 aluminium powder,...
Aluminium packaging leader Ball Corp. signs VPPA to procure new wind energy in Texas
The American company headquartered in Colorado, Ball Corporation announced that it has inked a virtual power purchase agreement (VPPA) to procure 151 MW of wind energy from a new project in west Texas. The global leader in aluminium packaging Ball Corporation further added that upon purchase,...
Novelis releases its first Green Bond report securing $140 million for recycling capacity enhancement
The Atlanta, Georgia headquartered American industrial aluminium company Novelis Inc. on 16th May 2022 released its first Green Bond report. Novelis Inc., the leading sustainable aluminium solutions provider and world leader in rolled aluminium products issued a 500 million EUR (approximately $588...
Netherlands export of aluminium bar rods and profiles during 2019-21 illustrates significant growth; marginal dip estimated for 2022
The Netherlands ranks as the 10 th leading exporter in the world with its foodstuffs sector is one of the country's largest industries, while other substantial industries include metallurgy, energy, chemical, trade, machinery, electrical goods and services, and tourism. Aluminium profiles are...
Alba inks agreement with Mitsubishi Power and SEPCO III to construct Block 4 at Power Station 5
The world's largest aluminium single-site smelter, Aluminium Bahrain B.S.C. (Alba) is on course to start building its fourth additional block at Power Station Five. The above remarks were made by Shaikh Daij Bin Salman Bin Daij Al Khalifa, Chairman of Alba's Board of Directors, during the signing...
Australian shipbuilder RDM’s high-performance aluminium vessels in demand worldwide
Richardson Devine Marine Constructions (RDM) is one of Australia's most renowned aluminium shipbuilders, with a reputation for building a diverse range of craft. Commercial operators worldwide seek out its passenger ferries, luxurious overnight cruise vessels, and offshore workboats. Built to...
Italy's aluminium scrap import during 2019-22 excels with the rise in secondary production
Aluminium is an essential element of the ‘Green Economy’. In total, aluminium scrap had a global trade value of $11.2 billion, which placed it 283rd among the world's most traded products. Aluminium scrap ranks 796th in the Product Complexity Index (PCI). A nation with a diversified industrial...
