NewsAuthorsSarnali Chakraborty

AlCircle News Edited By "Sarnali Chakraborty"

Sarnali Chakraborty
Sarnali Chakrabortyschakraborty@alcircle.com

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 opens the week with a growth of US$33/t; SHFE price hikes by US$19/t
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LME aluminium price opens the week with a growth of US$33/t; SHFE price hikes by US$19/t

LME aluminium opened at US$2,341 per tonne on Monday, with its high and low at US$2,372 per tonne and US$2,323 per tonne, respectively, before closing at US$2,365 per tonne, an increase of US$21 per tonne or 0.9 per cent. On Monday, March 27, both LME aluminium cash bid price and LME aluminium official settlement price increased by US$33 per tonne or 1.45 per cent to halt at US$2,297 per tonne and US$2,298 per tonne. 3-month bid price and 3-month offer price grew by US$28 per tonne or 1.21 per cent and US$27.5 per tonne or 1.18 per cent to peg at US$2,340 per tonne and US$2,340.50 per tonne. December 24 bid price and December 24 offer price gained US$25 per tonne or 0.99 per cent to close at US$2,538 per tonne and US$2,543 per tonne. LME aluminium opening stock settled at 527875 tonnes....

Bahamas Cruiser, the aluminium super yacht from Feadship is 36.5 metres long
End User

Bahamas Cruiser, the aluminium super yacht from Feadship is 36.5 metres long

Feadship, the Netherlands-based yacht builder, has released the first illustrations of Bahamas Cruiser, the 36.5 metres long aluminium super yacht with a sophisticated layout, sleek external lines eco-friendly technology, and is made to appeal to both young and elderly, inexperienced and new owners. De Voogt Naval Architects and FM Architettura, the design teams behind the 88.38-meter Feadship superyacht Zen and the 55.2-meter superyacht Somnium, worked together to create her. The yacht's main deck has many windows and 2.4-metre-high ceilings. Her interior is, as a result, light and airy, with an abundance of natural light. Her main deck aft open-air patio, which puts passengers closer to the water, also blurs the line between her indoor and outside areas. While her main stateroom, which...

NEA’s aluminium cans return scheme to help increase recycling rate in Singapore
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NEA’s aluminium cans return scheme to help increase recycling rate in Singapore

The beverage container return program, launched by the Singapore-based National Environment Agency (NEA), is expected to start on April 1, 2025. With this scheme, the organisation intends to raise Singapore's recycling rate, lower the quantity of garbage disposed of, and lower carbon emissions. The programme will impose a 10-cent refundable deposit on all pre-packaged beverages, aluminium cans and plastic bottles with a capacity of 150 millilitres to 3 litres. This deposit will be repaid entirely when empty beverage containers like aluminium cans or bottles are returned to the appropriate return stations. A deposit mark and barcode will be visible on all beverage containers covered by the programme. While the barcode makes it easier to return containers and acts as an anti-fraud tool, the...

Alba’s PS5 Block 4 project on track and will be completed by 2024
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Alba’s PS5 Block 4 project on track and will be completed by 2024

Aluminium Bahrain (Alba), one of the world's largest aluminium smelters ex-China, announced that the Power Station 5 (PS5) Block 4 Project is progressing per the schedule. Alba's Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa stated that the Power Station 5 (PS5) Block 4 Project is progressing without any problems. "Alba's Block 4 Project has started to take shape with the completion of early milestones as per schedule; thus, allowing us to prepare for the major activities on site. We look forward to safely delivering Block 4, a key Project under Alba's ESG Roadmap, on schedule and as planned by Q4 2024," said Shaikh Daij bin Salman bin Daij Al Khalifa. According to Alba, all civil foundation construction for the Block 4 Project's primary equipment was...

China’s A00 aluminium ingot price grows by RMB80/t t0 RMB18,400/t; Low carbon aluminium price hikes by RMB100/t
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China’s A00 aluminium ingot price grows by RMB80/t t0 RMB18,400/t; Low carbon aluminium price hikes by RMB100/t

On Monday, March 27, China’s A00 aluminium ingot price has grown by RMB 80 per tonne to stand at RMB 18,400 per tonne. On a W-o-W calculation , a hike of RMB 160 was witnessed from RMB 18,240 per tonne recorded on Monday, March 20. Today, the average prices are expected to be between RMB 18, 380 per tonne and RMB 18,420 per tonne, with the spot contract price expected to be traded at a discount price of RMB 80 to RMB 40 per tonne. The prices in Foshan and Chongqing have expanded by RMB 100 per tonne and RMB 90 per tonne to settle at RMB 18,510 per tonne and RMB 18,540 per tonne. On the same day, prices in Wuxi and Hangzhou have increased by RMB 80 per tonne to score at RMB 18,395 per tonne and RMB 18,430 per tonne. In Linyi, the A00 aluminium ingot price has ascended by RMB 70 per tonne...

Downstream weekly recap: Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023; NICE Rapid launches new aluminium extrusion service for manufacturing industries
Downstream

Downstream weekly recap: Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023; NICE Rapid launches new aluminium extrusion service for manufacturing industries

The most cutting-edge professional compression moulding and aluminium extrusion service for the industrial industries was launched by NICE Rapid. The procedure was identified as a tried-and-true way to reduce expenses and boost output. Uniformity Labs and Tekna expanded their collaboration for laser powder bed fusion (L-PBF) applications. By the terms of the agreement, Tekna will give Uniformity the aluminium-based alloy AlSi10Mg needed to make the sophisticated, ultra-dense AlSi10Mg powder used in additive manufacturing. The president of Lorin Industries Inc., the industry pioneer in aluminium coil anodizing, Park Kersman, was elected to the board of the Aluminum Anodizers Council. Park Kersman brings with him a wealth of knowledge in anodizing aluminium. The chairman of Hindalco...

Danone imports aluminium packaging materials from Asia as cost in Europe rises
End User

Danone imports aluminium packaging materials from Asia as cost in Europe rises

France's Danone is sourcing more aluminium and whey from regions of Asia, a move that experts warned might reduce prices but potentially annoy European suppliers. The dairy behemoth has mostly relied on Europe for its raw ingredients. It produces Activia yoghurt, Aptamil baby formula, and Evian water. But the business is trying to control costs and safeguard profits due to cost inflation, which started with Covid-19 period bottlenecks before getting worse during the Ukraine crisis. According to Vikram Agarwal, the COO of Danone, the company is importing ingredients like aluminium, plastic, whey and, maltodextrin, paper packaging from outside of Europe. "We had already started the program before the Ukraine war, and consequent supply risks and rising costs in Europe have made this even...

Primary aluminium weekly recap: Rio Tinto spent A$15.3 billion towards community growth in 2022; Africa’s primary aluminium production records a monthly decline of 9% in Feb’23
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Primary aluminium weekly recap: Rio Tinto spent A$15.3 billion towards community growth in 2022; Africa’s primary aluminium production records a monthly decline of 9% in Feb’23

To assist the communities where it works, Rio Tinto upped its budget for spending on Australian suppliers to more than A$15.3 billion in 2022. Over 6,200 firms, comprising Australian-owned and run companies and locally owned and controlled offices of foreign corporations, shared an increase in the budget of over 9 per cent from the previous year. According to customs statistics, China imported 374,321 tonnes of unwrought aluminium and goods in the first two months of 2023 compared to 336,007 tonnes in the same time last year. These items included raw metal and unwrought, alloyed aluminium. According to the International Aluminium Institute, Africa's primary aluminium output in February 2023 was 130,000 tonnes, a decrease of 13,000 tonnes or 9.09 per cent month-over-month. Rio Tinto...

ASI enlists Hindalco Industries Limited-Kuppam Works as its new Production and Transformation member
Downstream

ASI enlists Hindalco Industries Limited-Kuppam Works as its new Production and Transformation member

Aluminium Stewardship Initiative (ASI) announced the joining of Hindalco Industries Limited-Kuppam Works as its new Production and Transformation member. An integrated facility with aluminium extrusion presses, anodising, powder coating, and fabrication facility, Hindalco Industries Limited Kuppam Works is a one-stop production solution for extrusion profiles for the B&C, industrial, automotive, and solar segments. The Kuppam factory, around 120 kilometres from Bengaluru, provides specialised aluminium extrusion goods and services for the automotive, building & construction, and industrial markets. It would increase Hindalco's presence in South India, the country's second-largest extrusions market. "ASI Certification will strengthen the sustainability initiative of Hindalco Industries...

AMP to carry out social initiative in Alagoinhas to promote aluminium recycling
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AMP to carry out social initiative in Alagoinhas to promote aluminium recycling

Ardagh Metal Packaging (AMP), the international supplier of sustainable and recyclable aluminium and glass packaging solutions for brand owners worldwide, will make a social effort to improve the working conditions and income of about 30 collectors in the city of Alagoinhas. The initiative will be carried out on March 25 at the Cooperative of Collectors and Recyclers of Alagoinhas through a partnership with the NGO Pimp My Carroça, founded by artist Mundano. "This pioneering project is part of our goal of contributing to the social and economic impact of recycling, valuing the work of cooperatives and their collectors. With this, we seek to promote empowerment and well-being to the local community, with the reaffirmation of the commitment to sustainability in all regions where we...

LME aluminium benchmark price hikes by US$33/t to US$2,265/t; SHFE price moves up by US$5/t
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LME aluminium benchmark price hikes by US$33/t to US$2,265/t; SHFE price moves up by US$5/t

LME aluminium opened at US$2,291 per tonne on Thursday, with its high and low at US$2,345.5 per tonne and US$2,287 per tonne, respectively, before closing at US$2,326.5 per tonne, an increase of US$41.5 per tonne or 1.82 per cent. On Thursday, March 23, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$32.5 per tonne or 1.45 per cent and US$33 per tonne or 1.47 per cent to stand at US$2,264 per cent and US$2,265 per tonne. 3-month bid price and 3-month offer price increased by US$30.5 per tonne or 1.33 per cent and US$31 per tonne or 1.35 per cent to score at US$2,312.50 per tonne and US$2,313.50 per tonne. December 24 bid price and December 24 offer price ascended by US$23 per tonne to halt at US$2,520 per tonne and US$2,525 per tonne. LME...

Pitú Remix, the newly launched flavoured RTD in 269ml aluminium cans
End User

Pitú Remix, the newly launched flavoured RTD in 269ml aluminium cans

Pitú, a Brazilian firm with 85 years of experience in the cachaça industry, debuted its Ice Remix ready to drink (RTD) beverage brand at a Carnival in 269ml aluminium cans with flavours of lemon and pineapple with coconut. Dubbed Pitú Remix, the recently launched RTD has a reduced 7 per cent alcohol concentration and is marketed by cachaçarias and distributed all around Brazil. "Ready-to-drink" beverages or those that can be purchased already mixed with other ingredients, are a popular trend across the globe and have gained popularity among younger generations in particular because they fit in with how Gen Z and millennials typically behave. "The ices arrive to bring us even closer to the young public, who are looking for lighter drinks. They are canned drinks, super refreshing, which...

MinTa Aluminum joins ASI as the new Production and Transformation member
Downstream

MinTa Aluminum joins ASI as the new Production and Transformation member

Aluminium Stewardship Initiative (ASI) announced the joining of MinTa Aluminum as its new Production and Transformation member. Established in Tainan, Taiwan, in 1961, MinTa Aluminum has continuously invested in metal processing for over 50 years. MinTa can provide holds a comprehensive solution for delivering aluminium profiles. MinTa began the manufacture of aluminium to better serve its consumers. The company successfully integrated its aluminium profile processes over the past ten years, investing a total of 30 million US dollars in processes like aluminium billet casting, die casting with in-house tool design, aluminium extrusion, CNC milling for cutting, bending, and punching, surface anodizing, hydroforming, etc. “MinTa Aluminum is committed to meeting the high standards of the...

Heineken® Silver now available in 12-oz slim aluminium cans across the US market
End User

Heineken® Silver now available in 12-oz slim aluminium cans across the US market

Heineken® Silver, a new lower-carb and lower-calorie offering from the Dutch multinational brewing company, has been launched in the U.S. market in 12-oz slim aluminium cans and 24-oz aluminium cans. It takes centre stage as a premium new alternative in the light lager category, which accounts for roughly half of the U.S. beer market by volume. The much-talked-about beer will be launched nationwide this spring. It will be offered at all retail outlets nationwide, both on-premise and off-premise, where other Heineken products are marketed. "Enjoying a crisp and refreshing lager sometimes comes at the expense of taste and quality, but beer lovers can say goodbye to compromise with the introduction of Heineken Silver. It's crafted to meet the needs of a new generation of experience seekers...

A00 aluminium ingot price in China moves up to RMB18,150/t; Aluminium powder price inches up by RMB0.01/kg
Primary AL

A00 aluminium ingot price in China moves up to RMB18,150/t; Aluminium powder price inches up by RMB0.01/kg

On Thursday, March 23, China’s A00 aluminium ingot price has grown by RMB 50 per tonne to settle at RMB 18,150 per tonne, with the average prices standing between RMB 18,130 per tonne and RMB 18,170 per tonne. On a W-o-W calculation , the aluminium ingot price moved up by RMB 10 per tonne from RMB 18,140 per tonne recorded on March 16. The spot contract price as of today is expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. As per the data, the prices in Linyi and Gongyi have increased by RMB 60 per tonne and RMB 40 per tonne to reside at RMB 18,210 per tonne and RMB 18,080 per tonne. On the same day, prices in both Foshan and Shenyang climbed up by RMB 30 per tonne to close at RMB 18,280 per tonne and RMB 18,170 per tonne. Only in Chongqing and Wuxi, the prices...

Barton & Guestier reduces its carbon footprint with newly launched RTD in 250ml aluminium bottles
End User

Barton & Guestier reduces its carbon footprint with newly launched RTD in 250ml aluminium bottles

Bordeaux-based winehouse Barton & Guestier (B&G) launched a new alcohol-free sparkling rosé in 250ml aluminium bottles. The drink was launched considering the young drinkers and also to comply with the environmental factors by reducing the carbon footprint. The smaller format aluminium bottles are recyclable and lighter than glass, weighing only 35g when empty. B&G NectaRose is a premium, sulphite- and sugar-free sparkling rosé that doesn't contain alcohol. The 250ml aluminium bottle was launched as a part of its ongoing commitment to CSR, to gain environmental certifications for all of its brands and lessen the company's total carbon footprint via responsible product development. 85 per cent of B&G's entire carbon footprint is accounted for by the shipping of goods, according to Petra...

Dingsheng signs new contract with CATL to supply aluminium foils for electric vehicle batteries
Downstream

Dingsheng signs new contract with CATL to supply aluminium foils for electric vehicle batteries

On Wednesday, March 22, shares of Jiangsu Dingsheng New Materials Joint-Stock increased by as much as 4.6 per cent after the Chinese producer of aluminium materials announced that it and two of its subsidiaries had signed new contracts with Contemporary Amperex Technology (CATL). Under the agreement, Dingsheng will be taking care of the aluminium foil requirements of CATL. The CATL facilities in China and Europe will get aluminium foil from Dingsheng and two of its subsidiaries, the Zhenjiang, eastern Jiangsu province-based company announced on Wednesday. Aluminium foil is utilized in new energy vehicle batteries. It also said that its European manufacturing facility, European Metals, would give a specific amount to CATL's factory on the continent between 2024 and 2026. It would meet at...

ASI enlists Nothing as its new Downstream Supporter member
End User

ASI enlists Nothing as its new Downstream Supporter member

On Tuesday, March 22, Aluminium Stewardship Initiative announced the joining of Nothing, the UK-based privately held consumer technology business, as the new Downstream Supporter member. With this partnership the smartphone manufacturer will be better equipped to promote real, long-lasting change in their sector. "We are committed to leading the industry revolution by developing goods that have a minimal negative impact on the environment, with the ultimate goal of taking nothing from the earth to make our product, and leaving nothing behind when it's replaced," said Nothing. Aluminium is the most important component of Nothing's raw material procurement, and it currently uses 100 per cent recycled aluminium in its Phone(1). The main aim of Nothing is to break down technological barriers...

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