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.
Alba becomes the first Middle Eastern entity to receive the new ASI CoC Standard V2 certification
The Alba Calciner and Alba Smelter in Bahrain have received Aluminium Stewardship Initiative (ASI) Chain of Custody (CoC) Standard V2 (2022) Certification. This is the first Middle Eastern entity to be certified against the new CoC Standard V2, released in May 2022 after a multi-year review process. Alba was certified to the ASI Performance Standard V2 in January 2020. Aluminium Bahrain has been successfully certified against the ASI CoC Standard V2 (2022) for producing and marketing primary aluminium from alumina, petroleum coke calcination, water desalination, and anode manufacturing, smelting, casting, and captive power generation at the Alba Calciner and Alba Smelter in Bahrain. Alba is one of the world's biggest smelters, producing around 1.56 million tonnes of primary aluminium...
Sagar Asia’s upcoming aluminium park in Telangana to house 100 MSMEs producing downstream goods
Sagar Asia Private Limited, the Hyderabad-based family-owned aluminium engineering firm, has gained a strong reputation in India in the past few years as a household brand product. The company now offers four business lines, all related to climbing and access. Sagar Asia has worked tirelessly to support the government's Make in India and Atma Nirbhar Bharat programmes. To commemorate the same and on completing 40 years of business, the aluminium extrusion company is planning to establish a one-of-a-kind aluminium park in Telangana to mark its 40 years of expertise. The park spans 100 acres and will house approximately 100 Ministry of Micro, Small and Medium Enterprises (MSMEs) producing downstream and other aluminium goods. The items would be offered both in India and outside. The company...
MonoRefill, a lightweight refill tube composed of 100% recycled aluminium
Sustainable and circular packaging is in high demand, thus, innovations that allow users to reuse old containers are getting more attention. Besides protecting its content extremely well, refill packaging must be user-friendly, simple to recycle and environmentally friendly. With this aim, Tubex introduced the MonoRefill, a 100 per cent recycled and recyclable refill tube comprised of 100 per cent recycled aluminium (95% of which is PCR), is lightweight, and is readily recyclable. La bouche rouge was the first to use the MonoRefill, which is used for refills in its new perfume line. “We designed the MonoRefill to provide brands with a sustainable solution for refilling complex original packaging, or as an alternative to existing refills made of plastics or other materials that are hard to...
CRP Automotive launches all-aluminium water pump assembly kit replacing OE’s plastic version
The Rein Automotive Water Pump Assembly Kit (CRP P/N WPU0505) by CRP automotive is all-aluminium water pump housing, replacing OE's plastic version. CRP Automotive, a leading supplier of OE-quality replacement and repair parts, has created a first-to-market water pump assembly kit for some of the most popular BMW applications from 2007 to 2010. "One of the most common complaints of OE water pump assembly for these BMW 6-cylinder, 3.0L engines is that the plastic housings had a tendency to crack at around 50-60,000 miles, due to high vibration and heat," said Christian Eichstaedt, CRP Automotive's Director of Product Innovation. The Rein Water Pump Assembly Kit contains all the necessary hoses, clamps, bolts, and hardware to execute a successful service. The package also contains aluminium...
India’s domestic aluminium scrap price remains stable owing to moderate demand
On Thursday, May 4, domestic aluminium scrap prices in India remained range-bound d-o-d. Aluminium tense scrap prices stood at INR 163,000 per tonne - INR 164,000 per tonne, whereas, for utensils, the price closed at INR 172,000 per tonne. However, owing to moderate demand, the price of aluminium scrap in India remained steady. Aluminium futures and spot prices on the LME rose on Wednesday from $2,321 per tonne to $2,305 per tonne. Futures and prices, however, remained range-bound between $2,310 and $2,350 per tonne w-o-w. Scrap bids for 2-3% Fe attachment from US origin were reported to be approximately $1,770 per tonne-1,790 per tonne. According to credible sources, Zorba 95-5 grade bids were around $1,940 per tonne -$1,960 per tonne, while taint tabor with 2 per cent Fe attachment...
End user recap: Nexans' first low-carbon power grid cable and Reynaers' carbon emission act are driving the aluminium industry to net zero club
Reynaers Aluminium Ltd. devised a clever concept to reduce carbon emissions across its supply chain. Various science-based approaches will be adopted as part of the Reynaers Act to accomplish the company's net zero aims. Nexans, a Paris multinational cable and optical fibre firm, is releasing the French market's first low-carbon distribution grid cables. This agreement is based on a guarantee that the cables would be manufactured using low-carbon aluminium, recycled plastic, and renewable or decarbonized energy sources. According to a recent study commissioned by European Aluminium, the voice of the European aluminium industry, and completed by Ducker Carlisle, the average amount of aluminium used in European cars increased by 18% from 174 kg in 2019 to 205 kg in 2022. Alfa Romeo, the...
Primary aluminium recap: Hydro posts 4.11% revenue growth for Q1 while Alba’s revenue falls by 19%
Norsk Hydro reported first-quarter results for 2023, which ended March 31, indicating a 4.11 per cent year-on-year increase in revenue from NOK 46,616 million to NOK 48,534 million, driven by a steady LME aluminium pricing that began the quarter at US$2,378 per tonne and concluded at US$2,413 per tonne. Egypt Aluminium Company (Egyptalum) declared a net profit (after tax) of EGP 3.916 billion from July 2022-March 2023 on Wednesday, May 3. Surprisingly, the company's net profit exceeded its yearly goal of 3.02 billion in only nine months, representing a year-on-year increase of 131.94% from EGP 1.688 billion. Aluminium Bahrain B.S.C. (Alba), the world's biggest aluminium smelter outside of China, reportedly earned US$126.2 million (BD47.5 million) in the first quarter of 2023, which ended...
Knutsford-based aluminium door company opens its new branch on King Street
Aperture, the luxury door company, has opened its new showroom in King Street, Knutsford, a market town in Cheshire, England. Aperture has invested £150,000 in bringing the greatest custom doors money can buy to Cheshire. The brand is known for providing luxury aluminium doors with top-class engineering, technology and security features. The new shop on King Street is England's sole provider of cutting-edge doors made by the Polish company Wisniowski. The owners, Couple Doug Carter and Lillie Pragnell were present during the launch. "We are one of the rare couples who work together, live together and parent together. We have four boys between us, this is very much a family business. We are really excited bringing this unique product to the market that nobody else is offering. Our clients...
Glencore expands its position into the aluminium market with Aluminji’s $141.2 million green deal project
Aluminij, the Bosnia-based aluminium producer, has signed a deal with Glencore and Duferco to produce 100 per cent green products. Under the agreement with Glencore, a 60-megawatt (MW) solar power plant and an aluminium recycling facility will be built. As per the reports, the total deal is valued at 250 million Bosnian marka ($141.2 million). According to Amir Gross Kabiri, the CEO and Founder of Aluminji, the agreement with Duferco will include constructing a new facility for green aluminium manufacturing for the automotive sector and aluminium wire manufacture. Both the projects are expected to be completed by 2025. Aluminij was the first firm in the Western Balkans to complete the Carbon Footprint Certification procedure, demonstrating compliance with CO2 footprint requirements...
China’s A00 aluminium ingot price records a fall of RMB150/t; Low carbon aluminium price drops to RMB19,037/t
On Friday, May 5, A00 aluminium ingot price in China slumped by RMB 150 per tonne to settle at RMB 18,360 per tonne, with the average prices standing between RMB 18,340 per tonne and RMB 18,380 per tonne. The spot contract price is expected to be traded at a discount price of RMB 10 per tonne to a premium price of RMB 30 per tonne. A significant decline of RMB 120 per tonne was also recorded W-o-W from RMB 18,480 per tonne on Friday, April 28. The A00 aluminium ingot prices have declined in all the major provinces except Shenyang, where the price has increased by RMB 10 per tonne to halt at RMB 18,540 per tonne. The aluminium ingot prices in Foshan and Chongqing have dwindled by RMB 170 per tonne and RMB 160 per tonne to score at RMB 18,460 per tonne and RMB 18,470 per tonne. On the same...
Slow trading pushes down aluminium alloy ingot (ADC12) price by INR 1000/t in India
Domestic pricing of aluminium alloy ingot ADC12 in India fell by INR 1,000 per tonne W-o-W to INR 200,000 per tonne. Although the present demand and supply situation seems modest, selling pressure in the local markets influences prices. Factors like higher import costs and limited transactions are causing prices to increase. It should also be highlighted that the manufacturing capacity still needs to be more utilized. Prices of imported UK-origin aluminium scrap (Zorba 95-5) remained high despite a significant drop of more than $100 per tonne on the London Metal Exchange. "Prices of 553 grade can increase by up to INR 209,000/t – 210,000/t with payment terms of approximately 45-50 days," said a trade source. "Keeping in mind current demand, silicon can be obtained at INR 206,000-207,000/t...
SIG Vita uses ASI-certified aluminium packaging for its new products
On May 2, SIG, a UK-based flexible packaging company, announced its partnership with dairy company Hochwald. The cooperation will see the German business use its SIG Vita family-sized packaging for its new plant-based goods. According to SIG, sustainability is essential to its operations. As a result, the aluminium used is ASI (Aluminium Steward Initiative) certified. In response to increased demand for a greener and cleaner environment, many firms are embracing aluminium as a transitional material to a more sustainable future. Because of its high recyclability and lightweight, aluminium is a crucial component in a more circular, low-carbon economy. Also, the paperboard used in SIG Vita is derived from 100 per cent FSC-certified forests and other regulated sources. Hochwalds claims that...
FIA approves Constellium’s Aheadd® CP1 aluminium alloy for use in F1 racing cars
Fédération Internationale de l’Automobile (FIA), the regulatory body governing the Formula 1 (F1) and other worldwide motorsports, has authorised Constellium’s Aheadd® CP1 aluminium alloy for use in F1 racing cars starting in the 2024 season. Under a recent collaboration between Velo3D, Inc., a leading metal additive manufacturing technology firm for mission-critical components, and PWR Advanced Cooling Technology, the CP1 aluminium alloy will be used in Sapphire printers. PWR Advanced Cooling Technology will utilise the alloy to create highly efficient, small, and lightweight heat exchangers for Formula 1 cars and several other high-performance components for its clients. Aheadd® CP1 is being approved for printing in 100-micron layers, in addition to the typical 50-micron layer thickness...
Grupa Kęty bags ASI Performance Standard Certification for its foundry and extrusion plant in Poland
Grupa Kęty S.A. has received ASI Performance Standard V2 (2017) Certification for its foundry and extrusion facility in Kęty, Poland, for producing billets and manufacturing aluminium profiles and components. With an annual manufacturing capacity of 90,000 tonnes, the firm is the largest Polish maker of aluminium profiles and components. The four-line foundry can manufacture up to 50,000 tonnes of billets per year from a feedstock, including aluminium scrap, totalling 31,000 tonnes in 2022. “We congratulate Grupa Kęty S.A. for achieving ASI Performance Standard Certification at its foundry and extrusion plant in Kęty, Poland. Using scrap in billet production requires less energy than using primary aluminium and further reduces the environmental impact of the production process. With a...
LME aluminium benchmark price drops by US$23/t to US$2,330/t; SHFE price grows to US$2,682/t
LME aluminium opened at US$2,355 per tonne on Wednesday. With its low and high at US$2,316.5 per tonne and US$2,360 per tonne before closing at US$2,322.5 per tonne, a drop of US$33 per tonne or 1.4 per cent. On Wednesday, May 3, both LME aluminium cash bid price and LME aluminium official settlement price descended by US$23.5 per tonne or 0.99 per cent and US$23 per tonne or 0.97 per cent to halt at US$2,329 per tonne and US$2,330 per tonne. 3-month bid price and 3-month offer price dipped by US$11 per tonne or 0.46 per cent and US$12 per tonne or 0.50 per cent to settle at US$2,342 per tonne and US$2,343 per tonne. December 24 bid price and December 24 offer price moved down by US$5 per tonne or 0.19 per cent to peg at US$2,518 per tonne and US$2,523 per tonne. LME aluminium opening...
Küttner's sustainable industrial process aims to supports Hatch's work in green metals like aluminium
Hatch has announced the addition of Küttner to its portfolio of enterprises. As the two companies join forces, Hatch Küttner becomes Europe's top supplier of sophisticated engineering and technology services for the metals, energy, and infrastructure industry sectors. Hatch's industry-leading expertise in hydrogen generation, green metals (aluminium, iron, copper), and battery solutions will be supplemented by Küttner's development of sustainable industrial processes and unique green technologies. "I am thrilled to welcome Küttner to the Hatch family. Our values are aligned, including our commitment to focusing on the best possible outcomes for our clients and creating lasting, positive outcomes for our communities and the environment," expressed John Bianchini, Chairman and CEO of Hatch....
Glencore to fortify its aluminium industrial activities following acquisition of stakes in Alunorte
Following the purchase of an equity stake in Alunorte , the next step for Glencore would be to expand its operations in the aluminium sector. The argument is stronger considering that Glencore's almost seven-million-tonne aluminium supply agreement with Russian manufacturer Rusal, under its parent EN+ Group, expires in 2024. Glencore CEO Gary Nagle said, "Glencore's contract with Rusal is a volume, not term, contract and should end sometime probably towards the second half of next year." Nagle acknowledged that it was signed before the geo-political crisis hit Russia-Ukraine, which caused many Western firms and governments throughout the globe to withdraw from doing business with and in Russia. Glencore owns 10.6 per cent of EN+ Group, which it stated it was assessing last year but...
Imported aluminium scrap prices in India uptrend following growth in LME and MCX
Following growth in major commodity markets like the London Metal Exchange (LME) and the Multi Commodities Exchange (MCX), the price of imported aluminium scrap in India witnessed significant progress this week. Despite higher prices, buyers are sourcing imported material from overseas markets like the Middle East and Western nations. Higher offers are due to tight supplies in the European market. Market players, most purchasers, said that the domestic supply of select grades, such as tense, is limited, and sellers offer higher prices. On the LME, three-month aluminium futures and spot prices fell by $26 per tonne y-o-y to $2,355 per tonne from $2,381 per tonne on April 25. Aluminium inventories were expected to be 568,500 tonnes, a decrease from 569,600 tonnes the previous week. In the...
