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.
LME aluminium price gains US$25/t to US$2,165.5/t; SHFE price expands by US$41/t
LME aluminium opened at US$2,201.5 per tonne on Wednesday, with its high and low at US$2,229 per tonne and US$2,199.5 per tonne, respectively, before closing at US$2,201 per tonne, a slight decrease of US$0.5 per tonne or 0.02 per cent from the previous trading day. On Thursday, August 31, both LME...
Umax Aluminium joins AL CircleBiz’s B2B platform with over 1500 verified sellers
Umax Aluminium, one of the largest aluminium suppliers in Peradeniya and the surrounding territories, has joined AL CircleBiz, enhancing connectivity across the aluminium B2B network. AL CircleBiz is a pioneering worldwide platform that facilitates transactions between several buyers and sellers...
Huomei Hongjun Aluminum Company opens its new ingot casting production line in Mongolia
Huomei Hongjun Aluminum and Electricity Company has built the country's first automatic production line for aluminium ingot casting, which automates slag breaking, ingot casting, packaging, weighing, and other processes. The announcement was made by Liu Ruihong, Secretary of the Party Committee of...
Aluminium companies leading the path towards sustainability with renewable energy
Aluminium has piqued the interest of industry professionals as a lightweight, recyclable metal with applications ranging from car and aircraft engineering to infrastructure and construction. Most aluminium goods may be recycled for decades, earning the title of 'green metal.' But despite all of its...
SMM aluminium ingot price gains RMB120/t to RMB19,160/t; Alumina price ascends to RMB2,915/t
The Shanghai Metals Market (SMM) on Friday, August 31, reported that China’s A00 aluminium ingot price has expanded by RMB 120 per tonne to close at RMB 19,160 per tonne, with the average prices standing between RMB 19,140 per tonne and RMB 19,180 per tonne. The spot contract price is expected to...
Aluminium products manufacturer Termomecanica honoured with the Top SBC 2023 award
Termomecanica, a Brazil based manufacturer of aluminium products, has bagged the Top SBC 2023 trophy in honour of its continuing contribution to the municipality's and the Greater ABC Paulista regions economic, social, and sustainable growth. The award ceremony was held on August 17th in honour of...
Aluminium packaging emerges as the best option for pet food market
Aluminium packaging has emerged as the best option for maintaining product quality while adding a contemporary touch to stores for the pet food market. Among the categories that comprise this rapidly expanding market, pet food stands out as the star, accounting for 78 per cent of total sales in...
Sunshine Coast aims to recycle 60,000 tonnes of aluminium cans with its planned $40.5 million MRF
The Sunshine Coast is nearing construction of a new $40.5 million material recycling facility (MRF), which is expected to be operating by the end of the year. The MRF will be able to process 60,000 tonnes or more of aluminium cans, glass bottles and jars, plastic containers, cardboard, paper, and...
Amcor leads the “Top 21 Sustainable Packaging Companies, Worldwide 2023” by MarketsandMarkets 360 Quadrant
Amcor, a worldwide pioneer in developing and manufacturing environmentally friendly packaging solutions, has emerged as the market leader in the "Top 21 Sustainable Packaging Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. MarketsandMarkets 360 Quadrants analysed over 80 Sustainable...
LME aluminium price drops to US$2,116.5/t; SHFE price expands by US$21/t
LME aluminium opened at US$2,152 per tonne on Tuesday, with its high and low at US$2,179.5 per tonne and US$2,152 per tonne, respectively, before closing at US$2,169 per tonne, an increase of US$18.5 per tonne or 0.86 per cent from the previous trading day. On Tuesday, August 29, both LME aluminium...
Godha Cabcon bags INR56.6-crore order from Overseas Metal and Alloys for aluminium weasel conductors
On Monday, Godha Cabcon and Insulation received an INR 56.6-crore work order from Overseas Metal and Alloys. Godha Cabcon stated that the order is for providing aluminium weasel conductors and HT power cables. Regarding order execution, the corporation said the projected delivery time is within 30...
ICRA predicts domestic aluminium demand to continue growth in FY24 and FY25, primarily driven by the automotive sector
On Monday, August 28, India's significant rating agency, ICRA, stated that given the government's emphasis on infrastructure development, domestic aluminium demand growth is expected to continue solid at approximately 9 per cent over the next two fiscal years (FY24 and FY25). As per the Investment...
China’s A00 aluminium ingot price soars by RMB560/t M-o-M; Low carbon aluminium price gains RMB25/t
The Shanghai Metals Market (SMM) on Tuesday, August 29, recorded a growth of RMB 10 per tonne in A00 aluminium ingot price. The price as of today closed at RMB 18,910 per tonne, with the spot contract prices expected to be traded at a premium price of RMB 160 per tonne and RMB 200 per tonne. The...
AL CircleBiz registers BP Aluminium Extrusion to its list of 1500+ verified sellers
AL CircleBiz is a first-of-its-kind global online marketplace connecting millions of buyers and sellers across the aluminium value chain. It is a devoted platform to the aluminium industry and witnessed enormous growth in both supply and demand within six months of its launch. The company has...
Arconic completes US$5.2 billion transaction with Apollo Funds
Pittsburgh-based Arconic Corporation, a prominent supplier of aluminium sheets, plates and extrusions, announced the completion of its US$5.2 billion acquisition by Apollo Funds and Irenic Capital Management. Under the transaction terms, Apollo Funds and Irenic paid $30 per share for all...
Sumitomo Chemical to start mass production of ultra-fine alumina at Ehime Works
Sumitomo Chemical has achieved remarkable achievement in pioneering production techniques for ultra-fine α-alumina, with mass production slated to begin in September this year at its Ehime Works. Through technical advancements in inorganic materials, the Company will build new markets in the ICT,...
New technological breakthrough by GH Power uses recycled aluminium to produce clean hydrogen
The U.S. government has proposed a $7 billion (for starters) investment for a much-needed advancement in clean hydrogen generation, which can be made possible with GH Power's groundbreaking technology that uses recycled aluminium and water to produce pure hydrogen. The hydrogen generated by the...
LME aluminium price moves up by US$4.5/t to US$2,124/t; SHFE price grows to US$2,570/t
LME aluminium opened at US$2,155 per tonne on Friday, with its high and low at US$2,178.5 per tonne and US$2,147 per tonne, respectively, before closing at US$2,151 per tonne, a decrease of US$6.50 per tonne or 0.30 per cent from the previous trading day. On August Friday 25, both LME aluminium...
