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.
Responsible Whatr exhibits recyclable aluminium packaging at SIAL Expo 2022
India's first natural spring water beverage brand, Responsible Whatr, displayed recyclable aluminium packaging at the SIAL Food and Wine Expo 2022 at Pragati Maidan, New Delhi. To decrease the consumption of single-use plastic bottles, Responsible Whatr offers non-alcoholic beverages in a recyclable and sustainable aluminium can. One of the most significant trade fairs in the world for the food & hospitality industry is the SIAL (French: Salon International de l'alimentation). The whole food industry is inspired by SIAL events. Its trade shows and exhibits are held across the Middle East, Europe, Asia, and North America. "Aluminium was a natural choice for packaging as it does not contribute to the heaps of landfills and is endlessly recyclable without any loss in quality in contrast to...
LME aluminium price closes the week with a dip of US$11/t; SHFE market is closed for New Year’s Holiday
On Friday, December 30, both LME aluminium cash bid price and LME aluminium official settlement price closed the week with a dip of US$11 per tonne or 0.46 per cent to close at US$2,360 per tonne and US$2,360.50 per tonne. As per the SMM data, 3-month bid price and 3-month offer price also slipped by US$7 per tonne or 0.29 per cent to reside at US$2,391 per tonne and US$2,392 per tonne. December 23 bid price and December 23 offer price closed at US$2,470 per tonne and US$2,475 per tonne after recording a slip of US$10 per tonne or 0.40 per cent. LME aluminium opening stock closed at 450300 tonnes. Live warrants and Cancelled warrants halted at 201350 tonnes and 248950 tonnes. LME aluminium 3-month Asian Reference Price, on the other hand, hiked by US$27.48 per tonne or 1.15 per cent to...
Primary Aluminium weekly recap: Talks to reopen Alcoa Intalco smelter go south due to high cost of power; Rusal renews agreement with En+ Group subsidiary KraMZ until 2023
The global primary aluminium industry is moving towards a more sustainable and greener environment. To begin with, EU signed the world's first carbon tariff agreement. According to the sources, the carbon border adjustment mechanism (CBAM) will protect the European industry against importing less costly, more polluting goods. Apart from this, Denis Manturov, the Russian Federation's Minister of Industry and Trade, declared that because of the EU and US sanctions, Russia will divert its metal exports from Western countries to alternative markets. In a renewed deal, the world's largest producer of aluminium, Rusal, committed to providing primary aluminium and scrap aluminium to the En+ Group subsidiary KraMZ. Alcoa Intalco Works, the aluminium smelting plant in Ferndale, was closed for more...
Aluminium billet inventories in China hike by 5,100 tonnes W-o-W to 60,900 tonnes
As of Thursday, December 29, China’s aluminium billet inventories were 60,900 tonnes, recording a growth of 5,100 tonnes from the week before. The overall supply of billets remained plentiful. While the inventory in east China may increase considerably due to stocking demand and comparatively more significant conversion margins, the inventory in south China is anticipated to increase gradually. The figure below provides further information on the current state of aluminium billet inventories in China: To begin with, the inventory in Wuxi and Huzhou surged by 4,400 tonnes and 3,000 tonnes to a total of 15,200 tonnes and 15,000 tonnes, whereas stocks in other locations only saw minor adjustments. On the other hand, in Foshan, the inventory had dropped by 1,500 tonnes to peg at 25,400 tonnes...
JONSBO uses aluminium-magnesium alloy frame for its UMX6S series medium tower PC case
With more than ten years of experience in designing, JONSBO products are renowned for their well-thought-out designs, premium materials, impeccable craftsmanship, and exceptional performance-price ratio. JONSBO's UMX6S series is a medium tower PC case made from aluminium-magnesium alloy. The portfolio includes both Black and Silver "Window versions" with tempered glass panels and a Silver solid panel model. The most popular aluminium magnesium alloy (Mg-Al) belongs to the wrought magnesium alloys with moderate strengths, comparatively good plasticities, a respectable level of corrosion resistance, and inexpensive cost. An outer frame made of an aluminium-magnesium alloy that resembles a single plate surrounds the outside circle, and the mesh top panel enables air to travel through. Due to...
China’s A00 aluminium ingot price dips by RMB30/t to RMB18,680/t; Low carbon aluminium price falls to RMB18,252/t
On Friday, December 30, China's A00 aluminium ingot price climbed up by RMB 30 per tonne to halt at RMB 18,680 per tonne, with the average prices standing between RMB 18,660 per tonne and RMB 18,700 per tonne. The spot contract price is expected to be traded at a discount price of RMB 50 to RMB 10 per tonne. On the same day, the prices in Gongyi and Tianjin have dipped by RMB 30 per tonne to settle at RMB 18,480 per tonne and RMB 18,710 per tonne. As per the SMM data, in Chongqing, the price shrunk by RMB 20 per tonne to halt at RMB 18,680 per tonne. Foshan and Wuxi's prices settled at RMB 18,680 per tonne and RMB 18,660 per tonne after recording a dip of RMB 10 per tonne. In Hangzhou, Shenyang and Linyi, the price recorded the same drop to peg at RMB 18,710 per tonne, RMB 18,650 per...
Talks to reopen Alcoa Intalco smelter go south due to high cost of power
A New York private equity group, a union, the state government, and the Bonneville Power Administration (BPA) has been working to reopen Alcoa Intalco Works, the aluminium smelting facility in Ferndale and rehire 700 of its former employees, for more than a year. However, the effort to restart the facility was doomed due to the high cost of electricity. In April 2020, Alcoa announced its Ferndale smelter's suspension in Washington due to declining demand and falling metal prices. To reduce the revival plant's carbon footprint and support Gov. Jay Inslee's campaign to tackle climate change, the state was asked to contribute $10 million to the project. But they were unable to reach an agreement. The main obstacle was the inability of the BPA and the New York City-based private equity firm...
LME aluminium price inches up by US$1/t to US$2,343/t; SHFE price slips to US$2,687 per tonne
LME aluminium opened at US$2,408 per tonne on Wednesday, with its high and low at US$2,433 per tonne and US$2,371 per tonne, respectively, before closing at US$2,375 per tonne, a drop of US$20.5 per tonne or 0.86 per cent. On Wednesday, December 28, both LME aluminium cash bid price and LME aluminium official settlement price inched up by US$0.5 per tonne or 0.21 per cent and US$1 per tonne or 0.04 per cent to stand at US$2,342 per tonne and US$2,343 per tonne. 3-month bid price and 3-month offer price climbed up by US$5 per tonne or 0.21 per cent to rest at US$2,376 per tonne and US$2,378 per tonne. December 23 bid price and December 23 offer price grew by US$1 per tonne or 0.04 per cent to settle at US$2,458 per tonne and US$2,463 per tonne. LME aluminium opening stock pegged at 461725...
China’s aluminium foil exports from January to November record a 12% growth Y-o-Y
China exported 106,600 tonnes of aluminium foil in November, down by 7 per cent Y-o-Y and 6 per cent M-o-M. A total of 1.36 million tonnes of aluminium foil was exported from January to November, a growth of 12 from the same period last year. The top two purchasers were India (10,500 tonnes) and Thailand (8,500 tonnes). The United States, Mexico, the United Arab Emirates, and South Korea ranked among the top ten locations. A total of 61,500 tonnes were exported to the top 10 destinations, accounting for 58 per cent of all exports. The off-season caused a further slowdown in overseas orders. In December, the number of exports is anticipated to stay low. However, a 1.45 million tonnes increase in exports for the entire year is predicted, given the massive Q2 export volume.
EGA, the first in UAE to open sustainable deposit accounts with Citi and Standard Chartered Bank
Emirates Global Aluminium (EGA), the world's largest 'premium aluminium' producer, has opened sustainable corporate bank accounts with Citi and Standard Chartered Bank. EGA is the first in the region to choose the accounts that ensure cash balances are used to finance or refinance sustainability progress across the economy. For money needed for daily and other short-term activities, EGA uses interest- bearing accounts. To support financing for environmental and social projects like renewable energy, energy efficiency, sustainable transportation, green buildings, and enhancing access to affordable basic infrastructure and essential services, Citi's sustainable deposit solution aims to assist corporate finance and treasury departments in investing extra cash in deposit accounts. "The...
SHFE price mounts to US$2,717/t; LME aluminium is closed for Christmas holiday
Today, on December 27, the SHFE benchmark aluminium price has hiked by US$51 per tonne or 1.91 per cent to reside at US$2,717 per tonne. The most-traded SHFE 2301 aluminium closed up 0.46 per cent or RMB 85 per tonne at RMB 18,715 per tonne, with open interest down 18,232 lots to 76,410 lots. Overnight, the most-traded SHFE 2301 aluminium contract opened at RMB 18,695 per tonne, with its low and high at RMB 18,655 per tonne and RMB 18,820 per tonne before closing at RMB 18,770 per tonne, up RMB 55 per tonne or 0.29 per cent. LME aluminium price On Monday, December 26, LME was closed due to the Christmas holiday. However, on Friday, December 23, both LME aluminium cash bid price and LME aluminium official settlement price recorded a drop of US$19.50 per or 0.82 per cent and US$20 per tonne...
Aquarius launches aluminium can collection campaign in Spain with Crown EMEA
Aquarius, a sports drink manufactured by Coca-Cola, collaborated with Crown Bevcan EMEA (Europe and Middle East) or Crown Emirates Company Limited and its dedicated print and reprographics studio to launch an innovative and engaging promotional campaign titled "Recover what moves you!," in Spain. The standard 330ml aluminium cans in which Aquarius is currently sold are an environmentally friendly packaging option that promotes the Circular Economy and lessens the number of raw materials that must be acquired from the planet due to its infinite recyclability. The central concept of the campaign for collecting more Aquarius cans garnered a lot of connection and involvement, which unmistakably delivered the "wow factor." The various letters were printed using Crown's Accents variable...
CNC aluminium casing underpins Keychron Q10 keyboard with 75% Alice layout
The Keychron Q10 mechanical keyboard comes packed with milled aluminium chassis and a 75 per cent Alice layout. It also features Computer Numerical Control (CNC) aluminium casing, QMK/VIA compatibility, hot-swappable double-gasket mounts, etc. The Alice Keyboard, also known as the Arisu Keyboard, is a unique keyboard layout where the board is divided along the centre, and both sides are given a slight incline in the shape of a "∧". There are two short space bars and two "B" keys on either side of the keyboard nearly usually. It is gasket-mounted, the same as the other Q-series boards, with the switch plate on strips of squishy foam sandwiched between the top and bottom frames. The Double Gasket Design is a brand-new, cutting-edge construction in the market. To significantly minimise the...
China’s A00 aluminium ingot price slumps by RMB40/t to RMB 18,760 /t; Low carbon aluminium price slips to RMB19,369/t
On Monday, December 26, A00 aluminium ingot price in China slipped by RMB 40 per tonne to stand at RMB 18,760 per tonne, with the average prices standing between RMB 18,740 per tonne and RMB 18,780 per tonne. The spot contract price is expected to be traded at a premium price of RMB 120 to RMB 160 per tonne. The prices in Hangzhou and Linyi have climbed up by RMB 20 per tonne to stand at RMB 18,850 per tonne and RMB 18,790 per tonne. On the other hand, in Foshan and Gongyi, the prices have slipped by RMB 50 per tonne and RMB 40 per tonne to peg at RMB 18,780 per tonne and RMB 18,620 per tonne. On the same day in Chongqing and Tianjin, the A00 aluminium ingot price has declined by RMB 30 per tonne and RMB 20 per tonne to settle at RMB 18,780 per tonne. In Wuxi, the price went down by RMB...
Downstream weekly recap: AddUp introduces the FormUp® 350 Evolution for printing parts up to 1 meter tall; Gränges breaks ground on Newport facility expansion
The Guangzhou Futures Exchange, China's newest commodities market, saw a decline of 1 per cent on Thursday from China, the world's largest producer of industrial silicon. To focus on "new energy" components like lithium and rare earths, the market was founded in that year. Gränges began construction on an expansion at its Newport factory to increase the manufacturing of aluminium battery cathode foil (BCF). Gränges will now be the first business in the US to support BCF manufacturing thanks to this investment. BCF is a vital part of lithium-ion batteries used to make electric cars. AddUp, a provider of metal additive manufacturing solutions established by the French businesses Michelin and Fives, has unveiled the FormUp 350 Evolution. Based on the architecture of the FormUp 350 New...
Primary aluminium weekly recap: World primary aluminium production reflects a monthly drop of 3.2% in November 2022; Rusal approves the updated climate strategy until 2032
This week, the global primary aluminium segment witnessed limited but significant events. To begin with, Norsk Hydro and the other two partners announced their planning's to construct an onshore wind farm along Norway's west coast for a price ranging from 3 and 4 billion Norwegian crowns ($304 million-$405 million). When approved, the project will provide one terawatt hour (TWh) of sustainable energy for existing and prospective businesses in the Hoeyanger and Sunnfjord regions. Another significant event was the acceptance of the modified climate plan, with a focus on 2050, which was adopted by the Board of Rusal, a major producer of aluminium worldwide with operations in Russia. Under the market forefront, the World Primary aluminium production in November 2022 witnessed a drop of 3.21...
Aluminium billet inventories in China slump to 57,600 tonnes W-o-W primarily due to Foshan
As of Thursday, December 22, SMM's social inventory of aluminium billets was 57,600 tonnes, a decrease of 3,800 tonnes from a week prior, primarily due to Foshan. According to SMM research, several aluminium billet factories in Inner Mongolia, Ningxia, and Gansu reduced or suspended production in the middle of December, 10–20 days earlier than in previous years, as a result of sharply declining orders, the COVID-19 pandemic's worsening effects after control measures were loosened, and the depressing real estate market. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Wuxi hiked by 4,300 tonnes to stand at 10,800 tonnes from 6,500 tonnes recorded last week. On the same day, in Changzhou and Huzhou, the inventories...
Kengo Kuma’s uneven aluminium dome under the Albert-Kahn art museum attracts visitors
The public may now enter the brand-new Albert-Kahn art museum on the outskirts of Paris thanks to renovation work and the creation of a brand-new structure by famous architect Kengo Kuma. Passers-by are drawn in by an envelope composed of haphazardly arranged aluminium strips, which also gives the spaces a dance of light and shadow. Visitors are invited to explore the enormous Kahn collections in a unique 2300 sqm architecture under the structure's uneven aluminium dome, reflecting the sky's variations. 'The display space was designed in an extended linear sequence from the paths through this garden. A screen made from aluminum and wood is inserted between the path and exterior environment while it continues to meander horizontally and vertically, controlling the relationship between the...
