AlCircle News Edited By "Sarnali Chakraborty"
Sarnali Chakraborty is a content writer with 2 years of experience. She has written articles on various genres like technical, creative, medical, to name some. Here in Alcircle she will be curating articles on the metal industry, writing newsletters and other online and offline content.
China’s A00 aluminium ingot price ascends to RMB19,800/t; Low carbon aluminium price hikes by RMB25/t
On Tuesday, September 26, China's A00 aluminium ingot price ascended by RMB 70 per tonne to score at RMB 19,800 per tonne, with the average prices expected to range between RMB 19,780 per tonne and RMB 19,820 per tonne. The spot contract price may be traded at a premium price of RMB 180 to RMB 200 per tonne. As per the data shared by the Shanghai Metals Market (SMM), the price in Chongqing has surged by RMB 170 per tonne to peg at RMB 19,800 per tonne. Gongyi and Hangzhou's prices have increased by RMB 70 per tonne to clock at RMB 19,690 per tonne and RMB 19,800 per tonne. On the same day, the prices in Wuxi and Shenyang have increased by RMB 60 per tonne and RMB 50 per tonne to halt at RMB 19,790 per tonne and RMB 19,710 per tonne. The prices of domestic aluminium ingot in Tianjin and...
AL Circle launches an updated version of the report, 'Global Aluminium Industry – Key Trends to 2030’
Global aluminium business has witnessed significant changes over the past few years due to COVID mayhem, political instability, geopolitical crisis, surge in energy prices, worldwide economic slowdown, and rapid advancements. These include bauxite exploration in new countries and mines, a digital transition in aluminium smelting and a shift to renewable energy sources to reduce carbon emissions, a greater emphasis on aluminium recycling, the emergence of novel applications, and, perhaps most importantly, a strong commitment to sustainability. Aluminium has emerged as one of the most preferred metals in the industry. From primary to end users, the demand for the green metal has only grown with time, making it an indisputable choice for the industry. Aluminium's rise to prominence can be...
Chinese EV maker Rox Motor receives funding from domestic aluminium manufacturer Shandong Weiqiao Group
On September 22, Rox Motor Tech, a Chinese electric vehicle company, announced the successful completion of a fundraising round amounting to $1 billion. Shandong Weiqiao Pioneering Group, a domestic aluminium manufacturer, secured the investment for this round. Rox, established in the early months of 2021 by Chang Jing, a seasoned entrepreneur and co-founder of Roborock, a company specialising in robot hoover cleaners with support from Chinese technology giant Xiaomi, intends to utilise the amount received to build all-aluminium body cars and construct a new gigacasting die-cast technique. This recent development signifies the most recent addition to China's flourishing electric vehicle (EV) sector. The news comes in response to the recent introduction of the Polestone 01 plug-in hybrid...
TII unveils UAE’s first locally developed aluminium alloy powder at the AM Conclave conference
AMALLOY, a patented new aluminium alloy powder created exclusively for additive manufacturing by the Technology Innovation Institute (TII), was unveiled at the AM Conclave conference in Abu Dhabi. AMALLOY is the Middle East's first metal additive manufacturing feedstock developed for laser beam powder bed fusion (PDF-LB) systems. The low-cost, high-strength aluminium alloy prints and performs very well. Compared to commercially accessible AlSi10Mg alloys, AMALLOY exhibits a 33 per cent increase in strength while maintaining its ductility. The aforementioned characteristics render the newly developed material very suitable for applications that need both lightweight properties and strong power, making it an exceptional choice. AMALLOY has a very low sensitivity to hot cracking due to its...
China’s electrolytic aluminium industry records capacity expansion of 47.2490Mt in Aug’23
According to the statistics provided by Baichuan Yingfu, in August 2023, the electrolytic aluminium industry witnessed a capacity expansion of 47.2490 million tonnes, with a construction capacity of 42.799 million tonnes. The operating rate during this period was recorded at 90.58 per cent. China's primary aluminium production reached 3.6037 million tonnes, and the cumulative primary aluminium production from January to August amounted to 27.1104 million tonnes, reflecting a 2.62 per cent increase compared to the corresponding period last year. In early August, the Sichuan area saw a modest reduction in production capacity owing to the Universiade and power rationing. However, it is essential to note that the effect on production capacity was limited. Regarding the resumption of...
LME aluminium price hikes by US$33/t owing to Indonesia’s bauxite export ban; SHFE price gains US$28/t
LME aluminium opened at US$2,222 per tonne last Friday and hit a high of US$2,250.5 per tonne before closing at US$2,250.5 per tonne, an increase of US$28.5 per tonne or 1.29 per cent. One of the main reasons for the price hike can be attributed to Indonesia's potential export ban on bauxite, which was supposed to go into effect on June 10 but is still likely to be enacted or postponed, constraining future supply. Furthermore, China, the world's largest consumer, has implemented many economic stimulus initiatives, bolstering spot market activity and downstream buyer demand for stock replenishment. The low inventory and electrolytic aluminium facilities maintaining low ingot casting output made the spot aluminium ingot supply unlikely to rise much in the short term and continued to sustain...
Cradlepoint promotes sustainability with its newly launched Wideband Adapter featuring aluminium housing
Cradlepoint, a Boise, Idaho-based technology company, has released a new outdoor Cradlepoint W1855-5GC Wideband Adapter. The W1855, which joins Cradlepoint's 5G portfolio, is intended to help organisations future-proof connectivity investments as they embrace Standalone (SA) 5G networks and commit to higher sustainability targets. Compared to its previously launched models, the W1855-5GC Wideband Adapter is 78 per cent smaller and 74 per cent lighter, reinforced by the aluminium housing, promoting the company's dedication to utilising environmentally produced and repurposed materials. Furthermore, the item is safely wrapped with 84 per cent less packaging that is 100 per cent plastic-free. "In addition to continuing to adhere to the latest 5G technology standards, Cradlepoint is also...
Every Can Counts contributes to a greener Britain by collecting 64,000 aluminium cans
Every Can Counts has contributed to Britain's environmental sustainability by collecting and recycling over 64,000 aluminium drink cans at different festivals and events this summer, all while sharing the recycling word and encouraging positive behaviour change. The non-profit recycling initiative visited 12 key events around the UK, beginning in June with its International Recycling Tour to commemorate World Environment Day. Chris Latham-Warde, programme manager at Every Can Counts, said, "Despite the unreliable weather, it's been really enjoyable to work with such major festivals and event organisers, alongside our drink brand partners, to spread the recycling message this summer in so many fun and interactive ways." The tour, currently in its third year, is a worldwide awareness...
ATI researchers nears mass production of perovskite solar cells featuring nanoscale ‘ink’ coating of aluminium oxide
When the globe is struggling to discover new techniques to allow the creation of more efficient solar panels while remaining cost-effective, the University of Surrey has developed an innovative solution in this respect. The Advanced Technology Institute (ATI) has just announced a significant scientific advancement that pushes the mass manufacture of the next generation of perovskite solar cells, which are cheaper and lighter, closer to realisation. This institution is affiliated with the University of Surrey. Applying a nanoscale layer of aluminium oxide over metal halide perovskite material enhances the prospects of this nascent solar technology. It mitigates the issue of declining energy efficiency that presently hampers perovskite-based systems. Hashini Perera, lead author of the study...
China’s A00 aluminium ingot price hikes to RMB 19,740/t; Alumina price grows by RMB34/t W-o-W
On Friday, September 22, A00 aluminium ingot price in China gained RMB 90 per tonne to close at RMB 19,740 per tonne, with the average prices between RMB 19,720 per tonne and RMB 19,760 per tonne. The spot contract price is expected to be traded at a premium price of RMB 210 per tonne to RMB 250 per tonne. The domestic aluminium ingot prices have shown changes in all the provinces. To begin with, the prices in Linyi and Chongqing have expanded by RMB 160 per tonne and RMB 140 per tonne to halt at RMB 19,650 per tonne and RMB 19,530 per tonne. As per the Shanghai Metals Market (SMM) data, the prices in Gongyi and Foshan have gained RMB 90 per tonne to close at RMB 19,630 per tonne and RMB 19,490 per tonne. On the same day, the prices in Wuxi and Hangzhou have also experienced the same...
Pingguo City signs three projects worth RMB500 million to expand its aluminium industry chain
The 20th China-Asean Expo and China-Asean Business and Investment Summit took place in Nanning on September 17. During the Investment Baise investment conference, a seminar and project signing ceremony on the emerging trends in new energy and materials was organised. As a result, Pingguo City successfully signed three projects, amounting to a total investment of RMB 500 million. This development is expected to significantly contribute to the expansion of the Pingguo aluminium industry chain. The project for producing 2 million square metres of aluminium veneer curtain wall and aluminium sheet in Pingguo has an annual output and a budget of 150 million yuan. The executed projects include producing mechanical equipment and processing the aluminium sector, among others. These projects...
LME aluminium benchmark price ascends to US$2,202/t; SHFE price moves up by US$28/t
LME aluminium opened at US$2,219.5 per tonne on Tuesday, with its high and low at US$2,225 per tonne and US$2,205 per tonne, respectively, before closing at US$2,215.5 per tonne, a decrease of US$1.5 per tonne or 0.07 per cent. On Wednesday, September 20, LME aluminium cash bid price and LME aluminium official settlement price hiked by US$27 per tonne or 1.24 per cent and US$27.5 per tonne or 1.26 per cent to close at US$2,201 per tonne and US$2,202 per tonne. The 3-month bid price and 3-month offer price grew by US$31 per tonne or 1.39 per cent and US$31.5 per tonne or 1.42 per cent to score at US$2,246 per tonne and US$2,247 per tonne. On the same day, the December 24 bid price and December 24 offer price ascended by US$26 per tonne or 1.10 per cent to peg at US$2,378 per tonne and...
CITIC Dicastal joins ASI as the new Production and Transformation member
Aluminium Stewardship Initiative (ASI) announced the joining of CITIC Dicastal CO., LTD (hence referred to as CITIC Dicastal) as the new Production and Transformation member. Dicastal Wheel Manufacturing Co., Ltd is the predecessor of CITIC DICASTAL CO., LTD (hence referred to as CITIC Dicastal) and is the first aluminium producer in China mainland, which CITIC Group invested in in 1988. CITIC Dicastal conducted a shareholding structure reform in October 2007 and formally changed its name to CITIC Dicastal CO., LTD in August 2012. "Dicastal will join ASI to meet the requirements of the customers and to help with the development of sustainability for the industry, and in the meantime help build a better future for all," said Wes Wang, Key Account Manager. In terms of its development...
EU contemplates imposing supplementary tariffs on key Chinese exports, including aluminium
The European Union (EU) is considering levying surcharges on some imported products such as steel and cement. However, the People's Republic of China, a significant trading partner, has expressed concerns and wants the EU to double-check with World trading Organisation (WTO) global trade norms. According to experts, this might result in price increases for China's major exports to the EU, such as aluminium and steel. The EU's Carbon Border Adjustment Mechanism (CBAM) lies at the core of this trend. Its primary goal will be to protect European firms against super-cheap imports from nations that do not rigorously adhere to environmental norms. However, the concept has raised problems, particularly in China. According to He Yadong, a spokeswoman for China's trade ministry, several countries...
Hydro exhibits Bello! Aluminium bench at the London Design Festival promoting sustainable partnership
The leading Norwegian aluminium company committed highly to a sustainable future, Norsk Hydro, will showcase its work with designer Lars Beller Fjetland at the London Design Festival, highlighting how collaborations may help make the metals sector more sustainable. Hydro and Fjetland collaborated earlier this year to produce the Bello! bench, a piece of outdoor seating constructed of extruded aluminium with 90 per cent recyclable material. Hydro is now showcasing the bench at Material Matters, located in Oxo Tower. This exhibition effectively conveys how the project aligns with Hydro's overarching goal of reducing carbon emissions within society. The company aims to reach net-zero emissions by 2050 and urges the industry to do the same. This strategy has prompted the business to form...
Beiersdorf’s newly launched sustainable initiative promotes the usage of recycled aluminium packaging
Beiersdorf, a German multinational company known for manufacturing personal-care products and pressure-sensitive adhesives, has launched its latest initiative promoting sustainability, circularity and climate protection. Beiersdorf's newly created factory in Leipzig-Seehausen is essential to this ecological endeavour, having been expressly developed to adhere to the company's "Climate Care" philosophy. Starting from 2023/24, Beiersdorf's European deodorant line-up, which includes brands such as NIVEA, 8X4, Hidrofugal, and Hansaplast, will incorporate at least 50 per cent recycled aluminium into their cans, which will also be 11.6 per cent lighter, resulting in a significant 58 per cent reduction in CO2e emissions associated with the aerosol can value chain. The factory combines...
SMM A00 aluminium ingot price gains RMB60/t W-o-W; Low carbon aluminium price falls by RMB15/t
On Wednesday, September 20, China’s A00 aluminium ingot price has dropped by RMB 20 per tonne to close at RMB 19,490 per tonne. According to the Shanghai Metal Exchange (SMM) data, the domestic aluminium ingot price had a growth of RMB 60 per tonne W-o-W from RMB 19,430 per tonne on September 13. Today, the average prices are expected to stand between RMB 19,470 per tonne and RMB 19,510 per tonne, with a spot contract price to be traded at a premium of RMB 230 to RMB 270 per tonne. The price of the A00 aluminium ingot has fallen by RMB 60 per tonne in Tianjin to close at RMB 19,480 per tonne. On the same day, prices in Foshan, Hangzhou and Linyi slipped by RMB 20 per tonne to settle at RMB 19,250 per tonne and RMB 19,490 per tonne, respectively. In Wuxi and Shenyang, SMM aluminium ingot...
Swaraj Aluminium joins the world’s first aluminium B2B platform, AL CircleBiz
Swaraj Aluminium, a Gujarat-based manufacturer and supplier of aluminium sheet, coil and foil, has been successfully registered by AL CircleBiz. From the beginning, there has been a strong emphasis on the quality of the products, leading Swaraj Aluminium to ensure that only materials of superior quality are used throughout the manufacturing process. Each product undergoes a comprehensive set of quality inspections done by specialists at their headquarters in Anand, Gujarat, India. The whole spectrum of products is subjected to rigorous testing utilising state-of-the-art equipment and techniques to evaluate their corrosion resistance, dimensional accuracy, durability, and material strength, among other factors. As an organisation strongly emphasising quality, it strives to provide its...
