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.
Ryerson acquires Midwest’s largest aluminium distributor
One of the biggest aluminium distributors in the Midwest, Howard Precision Metals, Inc., has been acquired by Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals. Howard, based in Milwaukee, Wisconsin, specialises in value-added processing services,...
A00 aluminium ingot price in China hikes by RMB340/t; Australian alumina FOB price grows by US$14/t
A00 aluminium ingot price in China soared up by RMB 340 per tonne to settle at RMB18,800 per tonne. The average price for the same is likely to orbit between RMB 18,780 per tonne and RMB 18,820 per tonne, with spot contracts to be traded at a discount price of RMB 80 to RMB 40 per tonne. The...
Andrew Wood joins ASI as the new Director of Sustainable Investment and Legal
On Thursday, September 8, Aluminium Stewardship Initiative announced the appointment of Andrew Wood as Director of Sustainable Investment and Legal, who will begin his tenure on October 3, 2022. As internal legal counsel for ASI and as a co-company secretary with the CEO, Andrew will be in charge...
Aluminium & Plastic Solutions secures financial support from Panoramic Growth Equity
Panoramic Growth Equity has supported the Lisburn-based stockholding firm, Aluminium & Plastic Solutions (APS), which sells PVCu and aluminium materials to the building sector. With this agreement, Panoramic has now made two investments in Northern Ireland. APS was founded in 2000 and specialises...
EU and SolarPower reaffirm their commitment to a 45% renewable energy target by 2030
At an event organised by the European aluminium and solar power sectors, represented by European Aluminium and SolarPower Europe, 12 energy-related organisations and city associations reaffirmed their support for a 45 per cent renewable energy target for the EU by 2030. They also urged the Council...
LME aluminium price slips by US$29.5/t to US$2,230.50/t; SHFE price ascends to US$2,650/t
LME aluminium opened at $2,263 per tonne on Wednesday and closed at $2,241 per tonne. On Wednesday, September 7, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$28 per tonne or 1.24 per cent and US$29.5 per tonne or 1.30 per cent to settle at US$2,230 per...
Apple’s much-anticipated aluminium variant watch may come in three different shades
The American multinational technology giant Apple Inc., which specializes in consumer electronics, is anticipated to come up with its next model of Apple Watch, dubbed the Apple Watch Pro. As per the reports, the much talked about watch is expected to be available only in aluminium and stainless...
Primary aluminium alloy facilities in China expect weaker demand in peak season due to economic downturn
SMM found that operating rates at primary aluminium alloy facilities in China in August were 42.64 per cent, a decline of 8.08 percentage points from the previous year but an increase of 1.3 points from the last month. Since August is typically the off-season for producing primary aluminium alloys,...
A00 aluminium ingot price in Shenyang grows by RMB25/t to RMB 18,405/t; Low carbon aluminium price moves up by RMB5/t
On Wednesday, September 7, the A00 aluminium ingot price in China reflected no change to settle at RMB 18,400 per tonne, with the average prices ranging between RMB 18,380 per tonne and RMB 18,420 per tonne and the spot contract price expected to be traded at a discount price of RMB 60 per tonne to...
Alupro’s latest initiative will increase the recycling rates of aerosol cans in the UK
Recycling aluminium is one of the main elements for a greener and emission-free environment. Focussing on the same, Alupro, the aluminium packaging and recycling organisation have come up with an initiative which will make the concept of recycling aerosol cans more prevalent amongst the public in...
Hydro's Karmøy facility operations on hold due to low demand for aluminium
Norsk Hydro, one of the largest aluminium companies in the world, announced on Tuesday, September 6, that due to a drop in demand for aluminium, the company has decided to keep a small portion of its aluminium capacity in Norway out of service, following maintenance. Out of the 1.1 million tonnes...
Numsa and South32 in deadlock as wage talks fall apart
According to the union, the National Union of Metalworkers of South Africa (Numsa) and South32's wage negotiations reached a standstill over the weekend. Members of Numsa who work at the KwaZulu-Natal province's Hillside aluminium smelter are involved in the conflict. South32's suggestion that...
LME aluminium price drifts lower by US$18.5/t to US$2,290.50/t; SHFE price ascends to US$2,661/t
LME aluminium opened at US$2,302 per tonne on Monday and closed at US$2,288 per tonne. On Monday, September 5, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$18 per tonne or 0.77 per cent and US$18.5 per tonne or 0.80 per cent to settle at US$2,290 per...
Alumex reinforces sustainability with its aluminium UBC collection project launch
The largest fully integrated aluminium manufacturer in Sri Lanka and a member of the Hayleys Group, Alumex, recently launched a pilot project in the nation to collect used aluminium beverage cans (UBCs) as part of its initiative to care for the environment. Alumex is reaffirming its commitment to...
Hydro marks the groundbreaking ceremony for its upcoming aluminium recycling facility in Hungary
The importance of recycled aluminium in the extrusion sector is becoming more significant. On Thursday, September 1, Hydro marked the groundbreaking ceremony for the construction of its upcoming aluminium recycling plant in Szekesfehervar, Hungary. In a market where demand for greener aluminium is...
China’s A00 aluminium ingot price mounts to RMB18,420/t; Low carbon aluminium price hikes by RMB300/t
A00 aluminium ingot price in China has hiked by RMB 310 per tonne to settle at RMB 18,420 per tonne. The average price for the same is expected to range between RMB 18,400 per tonne and RMB 18,440 per tonne, with spot contracts to be traded at a discount price of RMB 50 to RMB 10 per tonne. The A00...
Primary aluminium weekly recap: LME aluminium price hits 16-month low on weak demand; Alcoa curtails production at Norway's Lista aluminium smelter for soaring energy prices
This week, the primary aluminium industry has been in the news for multiple reasons. To begin with, China, the largest user of primary aluminium raw materials worldwide, expressed concern about the likelihood of a global recession and economic stagnation and warned of the prospect of reduced market...
Aluminium billet inventories in China slump by 500 tonnes W-o-W to 119,700 tonnes
On Thursday, September 1, China’s aluminium billet inventories descended by 500 tonnes or 0.41 per cent W-o-W to settle at 119,700 tonnes. All the other regions showed a decrease in inventory, except Foshan. Following the drop in aluminium prices, some small-scale restocking activities were noted....
