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.
AEROBAL declares Rexona as the winner of “aluminium cans already under the market” category
The much-awaited winner list of the World Aluminium Aerosol Can Award 2022 is finally revealed by The International Organisation of Aluminium Aerosol Container Manufacturers (AEROBAL), with lightweight and recyclable aluminium solutions recognised across categories. In the category “aluminium cans already under the market”, the committee chose a can made by Trivium Packaging Argentina for Rexona as the winner. Experts from nine international packaging and aerosol industry journals chose the 2022 World Aluminium Aerosol Can Award winners. The goal of the competition is to highlight the most significant and inventive aluminium aerosol cans on the planet. Rexona, a product of Unilever, is a partner of the international pop group Now United; the visuals of the aerosol can reportedly display...
China's A00 aluminium ingot price descends to RMB 18,130/t; Average alumina spot price in Shanxi went up by RMB5/t
A00 aluminium ingot price in China has declined by RMB 100 per tonne to settle at RMB 18,130 per tonne as of August 16. The average price for the same is likely to range between RMB 18,110 per tonne to RMB 18,150 per tonne, with spot contracts to be traded at a discount price of RMB 20 per tonne and a premium price of RMB 20 per tonne. As per the SMM data, the price in Foshan and Wuxi slumped by RMB 110 per tonne and RMB 100 per tonne to rest at RMB 18,020 per tonne and RMB 18,110 per tonne. On the same day, the prices in Hangzhou, Chongqing and Linyi descended by RMB 80 per tonne to score at RMB 18,160 per tonne, RMB 18,150 per tonne and RMB 18,200 per tonne. The SMM data for Tuesday, August 16, states that the A00 aluminium ingot price in Shenyang and Tianjin has gone down by RMB 70 per...
Vanmoof S3 Aluminum limited edition e-bike boasts integrated handlebars and 28-inch tyres
Dutch e-bike specialist Vanmoof has come up with a limited edition version dubbed S3 Aluminum, which is expected to be available very soon in August. Following the release of its S3 model in 2021, the latest iteration flaunts a brushed aluminium frame and VanMoof's basic welding design. This limited-edition frame is an entirely pared-down version of the original and adheres to the brand's founding principle that "beauty is simplicity." The Aluminum S3's neat intelligent motor provides a smooth ride while operating inaudibly, even at peak speed. All the components, including the integrated handlebars, the one-piece saddle, and the 28-inch tyres, are colour-coordinated with that of the brand's very first straight frame, the M1, back in 2009. Due to its remarkable attributes, aluminium is...
Hydro’s aluminium extrusion facility in the US to be powered by 100% renewable energy
Hydro's aluminium extrusion facility at Spanish Fork, Utah, became the first location in the United States to be powered by 100 per cent renewable energy. The aluminium extrusion facility entered into a long-term agreement of eight years in July with the City of Spanish Fork and the Utah Municipal Power Agency to purchase locally generated power from two recently finished photovoltaic solar systems. Hydro Spanish Fork is one of the most important suppliers to the manufacturing sector. Hydro Spanish Fork can create distinctive bespoke mixes of aluminium alloy for customers with particular performance needs, thanks to on-site billet casting. The Spanish Fork plant joins Hydro's Pointe-Claire, Quebec complex, which uses only hydroelectric power, as the second location in North America to...
GMG’s lightweight graphene aluminium-ion batteries to revolutionize electric vehicle technology
The newly created graphene aluminium-ion batteries from Graphene Manufacturing Group (GMG) hold the potential to revolutionise the way electric vehicle technology is used today. The batteries are not just lightweight or faster to charge but also feature better environmental credentials and have a longer lifespan than other lithium-ion counterparts. GMG believes its battery technology may be utilised for many applications, including coin-cell batteries for key fobs and the utility-scale battery packs used to power electric cars. The worldwide battery business is expected to be worth $50 billion by the middle of this century. “I think there are a lot of opportunities for this technology in automotive applications, especially given how well it performs in fast-charging and regenerative...
LME aluminium price shrinks by US$29.5/t to US$2,468.50/t; SHFE price plunges by US$82/t
LME aluminium opened at US$2,522.5 per tonne last Friday and closed at US$2,433 per tonne, down US$84 per tonne or 3.34 per cent. On Friday, August 12, LME aluminium cash bid price closed the week with a slip of US$28 per tonne or 1.12 per cent to settle at US$2,468 per tonne. On the same day, LME aluminium official settlement price also went down by US$29.5 per tonne or 1.18 per cent to rest at US$2,468.50 per tonne. 3-month bid price and 3-month offer price fell by US$25.5 per tonne or 1.02 per cent and US$27 per tonne or 1.08 per cent to close at US$2,465.50 per tonne and US$2,466 per tonne. December 23 bid price and December 23 offer price dropped by US$27 per tonne or 1.06 per cent to score at US$2,500 per tonne and US$2,505 per tonne. LME aluminium opening stock stood at 277225...
Primary aluminium weekly recap: India’s Nalco reports 61% leap in net profit for FY23; Hindalco’s Q1 PAT exceeds the previous quarter to reach a new high at INR4119 crore
This week, the global primary aluminium segment was about top companies announcing their financial results. To begin with, Aluminium Bahrain B.S.C. (Alba) reported that during Q2 and H1 2022, the aluminium smelter outside China reported a 97 per cent increase in net profit to BD181.9 million compared to BD92.7 million during the same time last year. National Aluminium Company (Nalco) registered a consolidated net profit increase of 60.6 per cent to approximately $70 million (INR 557.91 crore) in Q1 FY23 over Q1 FY22 on the strength of a 52.9 per cent increase in net sales to $475.33 million (INR 3783.32 crore). Hindalco industries reported that its consolidated profit after tax (PAT) surpassed record performance in 4QFY2022, rising to an all-time high of INR 4,119 crore. Hindalco...
End user weekly recap: Swedish flying car Jetson One with aluminium framework can be flown without license; Crossbeats’ Ignite Grande smartwatch contains aerospace aluminium
The use of aluminium is increasing every moment. From smartwatches to construction to transportation, aluminium has been touched upon in all the major sectors. Like Sweden's Jetson One is a single-seat flying automobile that boasts an all-aluminium body that is lightweight and capable of reaching speeds of 101.4 km/hr for around 20 minutes. Crossbeats unveiled its latest Ignite Grande smartwatch, featuring aerospace aluminium. The most often used high-strength aluminium alloy is aviation-grade aluminium, which is very bendable but also a bit corrosive. It is the best raw material for creating the body of an aeroplane. The Best BuildingTM (TBB) is developing an aluminium building project that is modular and reusable and can be assembled and disassembled several times. With this, one can...
US aluminium scrap exports to South Korea augments by 21,890 tonnes in April’22
Sustainable aluminium management has become more critical due to the exponential growth in global demand. Due to the shift to a sustainable society with lightweight electric vehicles, aluminium utilisation in the transportation industry has expanded. Recycling aluminium is therefore crucial to reducing the amount of rubbish that ends up in landfills. Recycling aluminium conserves 95% of the energy required to produce the same quantity of aluminium from scratch. United States export of aluminium scrap to South Korea in April 2022 stood at 25,600 tonnes, which was augmented by 21,890 tonnes M-o-M from 3,710 tonnes in March. In March, a flat growth of 90 tonnes or 2.48 per cent was recorded from 3,620 tonnes in February. For the same year in January, M-o-M expansion of 870 tonnes or 31.63...
Qualipac Aluminium joins ASI as its new Industrial User member
On Thursday, August 11, Aluminium Stewardship Initiative announced the joining of Qualipac Aluminium as its news Industrial User member. To support a responsible value chain for aluminium, Qualipac Aluminium has opted to participate in an ASI certification procedure. Groupe Pochet, a pioneer in high-end luxury packaging for fragrance and cosmetic products, includes Qualipac Aluminum in its family of companies. The design, production, and ornamentation of aluminium components are specialities of Qualipac Aluminium. “As parts of Groupe Pochet commitments to sustainability and responsible packaging “Luxe Autrement” program, Qualipac Aluminium is proud to join ASI as a member and is working actively toward certification to promote a responsible value chain for Aluminium,” said Nicolas...
A00 aluminium ingot price slumps by RMB120/t to RMB 18,670/t; Average alumina spot price shrinks by RMB5/t
On Friday, August 12, A00 aluminium ingot price in China slipped by RMB 100 per tonne to close at RMB 18,670 per tonne. The average price for the same is expected to range between RMB 18,650 per tonne and RMB 18,690 per tonne, with spot contracts to be traded at a discount price of RMB 370 per tonne to RMB 330 per tonne. Wuxi and Hangzhou prices have slipped by RMB 120 per tonne to rest at RMB 18,630 per tonne and RMB 18,680 per tonne. In Gongyi, the price has gone down by RMB 100 per tonne to close at RMB 18,510 per tonne. On the same day, in Shenyang, the price slumped by RMB 90 per tonne to score at RMB 18,620 per tonne, followed by Foshan, where the price descended by RMB 70 per tonne to stand at RMB 18,560 per tonne. As per the SMM data, in Linyi, the price has decreased by RMB 60...
LME approves ASI’s Performance Standard V3 as a recognised alignment-assessed standard
Aluminium Stewardship Initiative (ASI) announced on Wednesday, August 10, that the London Metal Exchange (LME) had conditionally accepted ASI's Performance Standard V3 (2022) as a recognised alignment-assessed standard for Track A of its Responsible Sourcing Requirements. ASI's 2022 Performance Standard is OECD-Aligned, according to an independent examination of standard alignment. Aluminium LME Brands may employ ASI Certification by the 2022 Performance Standard to show that they have complied with LME Responsible Sourcing criteria. Following the conclusion of the alignment assessment's implementation phase, the alignment will be evaluated with complete, unqualified acceptance. “ASI has done an excellent job translating the text of the OECD Guidance into practices for the aluminium value...
Vedanta plans to invest $2 billion to strengthen its aluminium, oil and zinc capacities
Vedanta Limited, one of the leading oil to metals organisations, has planned to invest $2 billion in aluminium, zinc, oil and gas for FY23. Anil Agarwal, the chairman of Vedanta, stated during a speech at the firm's Annual General Meetings (AGM) that the business is entering the strategic manufacturing of semiconductor fab and display fab. “Not only are semiconductors in short supply globally, but India is also 100% import dependent,” said Agarwal. According to him, domestic semiconductor consumption may reach $110 billion by 2030 and surpass $80 billion by 2026. Therefore, Vedanta and Foxconn, one of the biggest electronics manufacturers in the world, inked a MoU to establish an integrated semiconductor manufacturing plant in India. “I truly hope this is only the beginning of the...
LME aluminium price shrinks by US$25/to US$2,462.50/t; SHFE price went up by US$17/t
LME aluminium opened at US$2,468 per tonne on Wednesday and rose to US$2,500 per tonne following the release of US CPI. LME aluminium closed at US$2,496.5 per tonne, an increase of 0.99 per cent. On Wednesday, August 10, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$25 per tonne or 1 per cent and US$25.5 per tonne or 1.02 per cent to rest US$2,462 per tonne and US$2,462.50 per tonne. 3-month bid price and 3-month offer price slipped by US$25 per tonne or 1.01 per cent and US$24.5 per tonne or 0.99 per cent to close at US$2,448 per tonne and US$2,449 per tonne. December 23 bid price and December 23 offer price also shrunk by US$25 per tonne or 0.99 per cent to come in at US$2,483 per tonne and US$2,488 per tonne. LME aluminium opening stock...
Capral requests for a new antidumping probe against Chinese aluminium extrusions
As the "long game" between Beijing and Canberra continues, Australia has opened a new anti-dumping probe against Chinese aluminium extrusions used in many applications, including construction. According to Australia's Anti-Dumping Commission, aluminium manufacturer Capral submitted a request to review current anti-dumping measures. According to official sources, the restrictions were first implemented in October 2010 and applied to all Chinese exporters, except Guangdong Jiangsheng Aluminium and Guangdong Zhongya Aluminium. A statement on China Trade Remedies Information, a website run by the Chinese Ministry of Commerce, states that a final proposal is anticipated to be sent to the Australian Department of Industry, Science and Resources no later than November 28. Protectionist...
Canada's aluminium flat rolled products imports from the US stand flat in April'22 despite growth in previous months
The use of aluminium plates, sheets and bars or flat rolled products is widespread and expanding slowly. It is used everywhere, from packaging to vehicles to cookware and even construction. Aluminium is becoming increasingly popular as a metal. The aluminium flat-rolled products are produced by rolling thick aluminium between rolls that reduce the thickness and lengthen it through hot and cold rolling processes. The United States exported 23,400 tonnes of aluminium plates, sheets and bars to Canada in April 2022, which went up by 400 tonnes or 1.73 per cent M-o-M from 23,000 tonnes in March. As per the USGS data, M-o-M growth of 3,200 tonnes or 16.16 per cent was also recorded in March, from 19,800 tonnes in February. In February, an escalation of 400 tonnes or 2.06 per cent was also...
China’s A00 aluminium ingot price expands by RMB310/t; Average alumina spot price shrinks by RMB2/t
On Wednesday, August 10, China’s A00 aluminium ingot price surged by RMB 310 per tonne to rest at RMB 18,790 per tonne. The average price for the same is expected to range between RMB 18,770 per tonne and RMB 18,810 per tonne, with spot contracts to be traded at a discount price of RMB 140 to RMB 100 per tonne. As per the SMM data, the A00 aluminium ingot price has hiked in all the major Chinese provinces. In Wuxi and Hangzhou, the price has witnessed the highest expansion of RMB 310 per tonne to settle at RMB 18,750 per tonne and RMB 18,800 per tonne. The price in Foshan has expanded by RMB 300 per tonne to settle at RMB 18,610 per tonne for the same day. In Shenyang, the price has grown by RMB 290 per tonne to stand at RMB 18,690 per tonne. On the same day, the price in Gongyi,...
The Best Building™ comes up with an innovative reusable aluminium construction project
The Best Building™ (TBB) solution is a start-up that provides solutions for civil construction using modular metal beams, slabs, and walls made of aluminium for quick, secure, and high-quality work. The company is creating a modular, reusable aluminium construction project that can be put together and taken apart several times. Plaster or spackling paste can then be applied (to improve the quality) using either conventional paint or an industrial aluminium paint base. An aluminium wall may be built in ten times less time than drywall and three hundred times less time than bricks, concrete blocks, or ceramic tiles. “The best building™ offers complete solutions for civil construction using technologies and software developed by the company itself, to improve productivity, production speed,...
