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 benchmark price hikes to US$2,147.5/t; SHFE price expands by US$34/t
On Wednesday, July 12, both LME aluminium cash bid price and LME official settlement price hiked by US$18 per tonne or 0.84 per cent and US$18.5 per tonne or 0.86 per cent to close at US$2,146.50 per tonne and US$2,147.50 per tonne. 3-month bid price and 3-month offer price moved up by US$6 per tonne or 0.27 per cent and US$6.5 per tonne or 0.29 per cent to close at US$2,185 per tonne and US$2,186 per tonne. December 24 bid price and December 24 offer price grew by US$8 per tonne or 0.34 per cent, settling at US$2,340 per tonne and US$2,345 per tonne. LME aluminium opening stock halted at 528100 tonnes. Live warrants and Cancelled warrants scored at 272950 tonnes and 255150 tonnes. LME aluminium 3-month Asian Reference Price dipped by US$4.27 per tonne or 0.19 per cent to reside at...
Cano Water launches #breakupwithplastic campaign promoting aluminium packaging at Wimbledon 2023
Cano Water, the top canned water brand offering a sustainable alternative to plastic bottles, has taken a strong stand against Wimbledon's continued association with Evian, emphasising the environmental consequences of single-use plastic. Cano has launched the new #breakupwithplastic campaign, promoting sustainable packaging like aluminium, which is a better supporter of the circular economy. Cano Water is dedicated to sustainability in ways that extend beyond this marketing push. The company was ahead of the curve when switching from plastic bottles to endlessly recyclable aluminium cans. Aluminium cans have a much better recycling rate and can be recycled several times without losing quality. Cano Water's clean and simple form and resealable caps for on-the-go hydration add to its...
L'OCCITANE’s pop-up store in Hainan promotes sustainability with its recycled aluminium packaging
L'OCCITANE Travel Retail is debuting its compelling and immersive 'Gift of Nature' pop-ups, which emphasise the significance of sustainability and biodiversity at two of Hainan's top downtown malls, the Sanya International Duty-Free Complex and CDF Haikou Mova Mall. The French Luxury brand is known for using sustainable materials like recycled aluminium for their packaging. L'OCCITANE en Provence, in line with its mission to decrease waste, has introduced limited-edition, travel retail exclusive packages inspired by the animation to increase customer participation. The packaging comprises the Shea Hand Cream composed of 95 per cent recycled and recyclable aluminium tube covered with a rich and bright fauna and flora theme drawn by Raxenne Maniquiz, a Philippines-based artist. The campaign...
China’s average alumina spot price marks M-o-M fall of RMB6/t on July 12; A00 aluminium ingot price drops to RMB18,230/t
On Wednesday, July 12, the average alumina spot price in China has grown by RMB 2 per tonne to close at RMB 2,827 per tonne. On M-o-M calculation, the alumina price has fallen by RMB 6 per tonne from RMB 2,833 per tonne recorded on June 12. As of today, the price in Shanxi has grown by RMB 10 per tonne to settle at RMB 2,820 per tonne. On the same day, the alumina prices in both Shandong and Guangxi have gone up by RMB 5 per tonne to stop at RMB 2,790 per tonne and RMB 2,815 per tonne. The A00 aluminium ingot price in China has contracted by RMB 20 per tonne to close at RMB 18,230 per tonne, with the spot contract price expected to be traded at a discount price of RMB 70 to RMB 30 per tonne. The average prices may range between RMB 18,210 per tonne and RMB 18,250 per tonne. The A00...
Tumi’s Fall 2023 pop-up store in Seoul pays tribute to its iconic 19 Degree Aluminium briefcase
Tumi, the manufacturer of high-end luggage and travel bags, is advertising its Fall 2023 collection with a pop-up shop from 3 to 15 July at Seoul's Lotte World Mall Atrium (1F). The Fall 2023 Essentially Beautiful Pop-Up has a sculptural façade inspired by the forms of Tumi's 19 Degree Aluminium briefcase and a series of installations exhibiting Tumi's Hypercraft design concept's creative and cultural world. Son Heung-min, a well-known South Korean player, teamed with the business to develop a locker-inspired display that contained souvenirs and individually autographed merchandise. The experience is the season's unique launch, pulling inspiration from the shapes and workmanship of the travel and leisure brand's 19 Degree 'hard side' baggage. The store's design incorporates contemporary...
Brecon residents will soon get paid to recycle aluminium cans and PET bottles
Brecon residents will soon be rewarded for recycling, thanks to introducing Brecon's unique Scan|Recycle|Reward recycling scheme which will be launched on July 13. It joins a slew of other nations, notably several in Europe, that already provide monetary incentives for specific forms of recycling. The recycling program will accept soft drinks in aluminium and steel cans (50ml to 3l containers only), PET plastic bottles, etc. The 12-week study, run by the Digital Deposit Return Scheme Alliance in collaboration with the Welsh Government, Powys County Council, and local shops, will examine how digital technology may promote increased recycling in Brecon. The Scan|Recycle|Reward experiment will begin this month, with welcome kits coming in the mail on July 13 for Brecon residents. "This trial...
Hulamin employees embark on strike over unresolved issues since 2014
On Monday, July 10, Hulamin employees downed their tools and went on strike outside the aluminium products firm over concerns they claim have been unresolved since 2014. The workers picketed outside the Hulamin Aluminium's many entrances and outside the main gate about difficulties with their medical assistance subsidisation and retirement fund benefits. A shop steward employee and National Union of Metalworkers of South Africa trade union (Numsa) member who requested anonymity stated they could not agree with their employee and opted to strike. The workers stated that they want to be treated fairly, just like the [administration] employees. During the pandemic period the employees had referred the matter of medical aid to the bargaining council for further help. “We don’t want equal, as...
South32 and Fives join hands to limit HF emissions at its Hillside aluminium smelter
Headquartered in Perth, South32, the mining and metals company has been working on an ambitious project in the Hillside Smelter to decrease GTC stack Hydrogen Fluoride (HF) emissions to 0,5 mg/Nm³ by April 2025 to meet new environmental regulations. Following the installation of the first Alumina Cascade Feeding System on one Gas Treatment Centre (GTC) earlier this year, fives has reaffirmed its plan to deploy the solution on four other GTCs, as well as to convert its VIBRAIR pocket filters into Extended Surface Bags. Incorporating the now-famous technology of the "Extended Surface Bag" into GTC has several benefits, including increased filtering surface, increased pollution treatment capacity, decreased system pressure drop, and decreased HF stack emissions. At the start of the year,...
Pre-launch alert: AL Circle’s upcoming e-Magazine - 'Recycling – Reshaping the future of the Aluminium Value Chain’
Recycling is an essential part of the aluminium industry, which is both viable and sensible economically, technically and ecologically. In the present scenario, where the world is buzzing with challenges such as a rising global population, increased carbon emissions, greater energy costs, and limited feedstock, recycling is emerging as a need rather than a source of worry. Fortunately, aluminium is a 100 per cent recyclable metal, and its intrinsic purity is unaffected by recycling. Aluminium recycling promotes the twin ideals of sustainability and stewardship, which encourage responsible and conscientious resource usage and require producers to accept responsibility for a product's environmental, health, and safety implications. Recycled aluminium usage worldwide increased from 26...
LME aluminium price grows to US$2,096/t; SHFE price moves up by US$6/t
On Monday, July 10, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$10.5 per tonne or 0.50 per cent and US$10 per tonne or 0.47 per cent to close at US$2,095.50 per tonne and US$2,096 per tonne. 3-month bid price and 3-month offer price also hiked by US$14.5 per tonne or 0.68 per cent and US$16 per tonne or 0.75 per cent to settle at US$2,145 per tonne and US$2,147 per tonne. December 24 bid price and December 24 offer price went up by US$15 per tonne or 0.65 per cent to peg at US$2,303 per tonne and US$2,308 per tonne. LME aluminium opening stock halted at 534075 tonnes. Live warrants and Cancelled warrants arrived at 274300 tonnes and 259775 tonnes. LME aluminium 3-month Asian Reference Price ascended by US$15.86 per tonne or 0.74 per cent to...
Downstream recap: EOS to launch Aluminium alloy Al5X1, ideal for high-precision machining
EOS GmbH is preparing to deliver its next high-strength aluminium alloy, the EOS Al5X1, this summer, recently demonstrated at the RAPID + TCT exhibition. This material was created due to EOS' new material screening strategy, which considers its clients' individual needs and application designs. According to Kotak Institutional Equities, Novelis, an independent US-based subsidiary of Hindalco Industries and a leading producer of aluminium, is expected to face margin pressure for at least the next two to three quarters due to weaker demand in the building and construction sector, reduced aluminium can stocking, and lower aluminium prices. Calderys launched a new Foundry Service Centre in Mariestad, a key position in the Nordic area, to provide its Foundry clients with speedier solutions and...
Sustainability recap: HVG Facades launches sustainable aluminium façade panels Nucleo®
Iberdrola, the worldwide leader in the energy industry, and LatemAluminium, a Spanish manufacturer of aluminium coils and sheets as well as recycled aluminium alloys, recently announced that the wind power producer had bought a 20 per cent share in LatemAluminium. AIA NZ, New Zealand's biggest life insurer, released its 2022 sustainability report, which described the company's significant accomplishments over the past year and emphasised its future sustainability ambitions. HVG Facades, a primary Australian provider of premium exterior wall cladding solutions for the building industry, is said to have launched Nucleo®, its newest line of high-quality engineered aluminium façade panels. The newest panel provides a sustainable cladding choice because it is constructed of an interior...
Darpa Engineering joins AL CircleBiz's B2B platform with over 1200 verified aluminium sellers
Founded in 2011, Darpa Engineering is one of India's top producers and exporters of sheet metal stampings, non-ferrous castings (aluminium, copper, brass, and bronze). They export more than 80% of their goods to the United States and Germany and provide cost-effective solutions for international customers in stampings, non-ferrous castings, tooling, and storage. The company has been successfully onboarded by AL CircleBiz, the world's first B2B market for the global aluminium sector. The products offered by Darpa include aluminium casting and aluminium stamping. Visit the official website of AL CircleBiz to learn more about the products and the company. Darpa Engineering is ISO-9001-2015 certified and serves the power transmission and distribution, automotive, and general engineering...
Thailand anticipates export of aluminium products to South Korea may grow by 2% in 2023
Thailand anticipates a 2 per cent growth in exports to South Korea this year to US$6.52 billion, aided partly by a tighter commercial engagement via a so-called mini-free trade agreement (mini-FTA) with the South Korean provinces of Gyeonggi and Pusan. Aluminium products, sugar, oil, rubber goods, electrical circuits, and food and beverage items are among the targeted export categories, according to Commerce Minister Jurin Laksanawisit. Thailand's exports to South Korea closed at $6.39 billion in 2022, making South Korea the nation's 12th biggest trade partner. Thailand inked its first Memorandum of Understanding (MoU) in July last year to construct a mini-FTA with Busan, South Korea's second-largest city after Seoul. A similar agreement was reached by the nation and Gyeonggi province in...
T-Works gets Swiss-based digital cutter for cutting materials like aluminium and wood
Hyderabad-based T-Works, an initiative of the Telangana Government and India’s largest prototyping centre, has recently collaborated with Vasantha Group to get precision digital cutting equipment worth INR2 crore for T-Works via its CSR financing scheme. The Swiss-made Zund precision digital cutter can process and cut over 200 materials, including aramid fibre to rigid substrates like aluminium, wood, acrylic, ACP and other materials like paper, plastics, and paperboards, as well as composite fabric materials such as glass fibre, carbon fibre, other substrates such as MDF, wood, acrylic. This computerised cutter can also handle high-performance materials like carbon fibre sheets, employed in lightweight constructions ranging from Formula One racing to drone components. “We envision...
Flexcap featuring nickel-aluminium bronze composition ensures marine efficiency and sustainability
Erma First, a worldwide leader in sustainable marine solutions, has introduced a new energy-saving device (ESD) titled the Flexcap that offers lower fuel consumption and emissions following CII and EEXI standards. The ESD is made of nickel-aluminium bronze, the metallic alloy many propellers use. Flexcap is an energy-saving device (ESD) that improves marine efficiency and sustainability by using the proven capabilities of propeller boss cap fins. The technique lessens the propeller hub vortex, lowers torque, and directs more energy back into the propulsion drive train as thrust by allowing fins to collect and absorb spinning water force. It is exceptionally robust and may even increase the service life of the propeller by decreasing cavitation. It may also reduce propeller-induced noise...
LME aluminium price moves up by US$10.5/t to US$2,103.5/t; SHFE price drops to US$2,511/t
LME aluminium opened at US$2,139 per tonne on Thursday, with its low and high at US$2,127 per tonne and US$2,153 per tonne, respectively, before closing at US$2,130 per tonne, a drop of US$7 per tonne or 0.33 per cent. On Thursday, July 6, both LME aluminium cash bid price and LME aluminium official settlement price went up by US$10.5 per tonne or 0.50 per cent to settle at US$2,103 per tonne and US$2,103.50 per tonne. LME aluminium 3-month bid price and 3-month offer price climbed up by US$3.5 per tonne or 0.16 per cent and US$3 per tonne or 0.13 per cent to settle at US$2,149.50 per tonne and US$2,150 per tonne. December 24 bid price and December 24 offer price moved up by US$3 per tonne or 0.13 per cent and US$3 per tonne or 0.12 per cent to halt at US$2,308 per tonne and US$2,313 per...
Vedanta Aluminium deploys 44 electric lithium-ion forklifts in partnership with GEAR India
Carried out in partnership with Gemini Equipment and Rentals Private Limited (GEAR) India and TARON Lift & Move, Vedanta Aluminium has deployed 44 electric lithium-ion forklifts throughout its Odisha and Chhattisgarh businesses. The corporation has also pledged to decarbonise 100 per cent of its LMV fleet by 2030 and 75% of its mining fleet by 2035. Vedanta Aluminium's engagement with GEAR and TARON Lift & Move marks a major step forward in the company's efforts to decarbonise its industrial vehicle fleet. These forklifts revolutionise operational efficiency while significantly reducing carbon emissions and fuel consumption, ultimately contributing to Vedanta Aluminium's goal of achieving net zero carbon emissions by 2050. Vedanta has recently installed a 10-tonne electric lithium-ion...
