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.
BlueScope Distribution expands its aluminium processing services and range of products
BlueScope Distribution, primarily recognized as a steel distributor, is growing its capabilities by offering a more comprehensive selection of products and services for processing aluminium. The company has been a leader in the steel and aluminium industry for a long time. A wide range of aluminium sheets, plates, coils, tread plates, and standard and customized extruded products is constantly growing through BlueScope Distribution. The firm is committed to innovation and continuously working to enhance its services and products for clients who buy aluminium or steel. It is not just a company which sells materials but is also known for providing its clients with services for processing aluminium. “Our expanded processing capabilities will ensure that we continue to provide our clients...
LME aluminium price moves down by US$12/t to US$2,435.5/t; SHFE price grows to US$2,748/t
LME aluminium opened at US$2,418 per tonne on Monday and closed at US$2,440 per tonne, up 0.78 per cent. On Monday, August 8, both LME aluminium cash bid price and LME aluminium official settlement price climbed down the graph by US$12 per tonne or 0.49 per cent to settle at US$2,435 per tonne and US$2,435.50 per tonne. 3-month bid price and 3-month offer price went down by US$8 per tonne or 0.32 per cent and US$7 per tonne or 0.28 per cent to rest at US$2,432 per tonne and US$2,434 per tonne. December 23 bid price and December 23 offer price also descended by US$10 per tonne or 0.40 per cent to score at US$2,475 per tonne and US$2,480 per tonne. LME aluminium opening stock settled at 287425 tonnes. Live warrants and Cancelled warrants closed at 154800 tonnes and 132625 tonnes. LME...
Schüco International KG attains ASI Chain of Custody Standard certification
On Friday, August 5, Aluminium Stewardship Initiative (ASI) announced that Schüco International KG (Schüco) had been successfully accredited against the ASI Chain of Custody Standard V1 (2017) for its Bielefeld (Germany) headquarters, Schüco International KG, and its subsidiaries in Wertingen (Germany), Le Perray-en-Yvelines (France), Padova (Italy), and Milton Keynes (England) (United Kingdom). “Schüco’s goal is to ensure the protection of human rights and the environment along the entire value chain and to ensure a responsible supply chain. Certification to the ASI Chain of Custody Standard is a big step in the right direction in this respect and we are very pleased to be able to offer ASI-certified aluminium to our customers in the future too,” commented Andreas Engelhardt, CEO at...
A year later Novelis Italia reports another major fire outbreak of a similar nature
On Sunday, August 7, a fire broke out at Novelis Italia S.p.A., a metalworking business located in Pieve Emanuele (Milan). As per the reports, the fire was caused due to an accidental release of aluminium casting. The aluminium casting spill was taken care of by 10 fire brigades from Milan’s provincial command. Apart from this, 118 medical personnel, 4 ambulances and carabinieri from the San Donato Company were also at the site. Although the scenario inside the plant was continuously changing, no injuries have been reported. The nuclear, Biological, Chemical, and Radiological (NBCR) teams were also at the site to assess hazardous circumstances. This is not the first time a similar fire incident had happened at the Novelis Italia S.p.A. facility on August 8, 2021. The fire was also sparked...
A00 aluminium ingot price in China opens the week with a decline of RMB120/t; Average alumina spot price moves down by RMB2/t
A00 aluminium ingot price in China has seen a decline of RMB 120 per tonne since Monday, August 8, to settle at RMB 18,400 per tonne. The average price for the same is expected to range between RMB 18,380 per tonne and RMB 18,420 per tonne. The spot contracts may be traded at a discount price of RMB 110 to RMB 70 per tonne. As per the SMM data, the price in Gongyi, Wuxi and Linyi has gone down by RMB 120 per tonne to close at RMB 18,280 per tonne, RMB 18,360 per tonne and 18,400 per tonne. On the same day, the price in Chongqing and Shenyang decreased by RMB 110 per tonne and RMB 120 per tonne to rest at RMB 18,300 per tonne. The A00 aluminium ingot price in Foshan and Hangzhou has dropped by RMB 130 per tonne and RMB 135 per tonne to come in at RMB 18,240 per tonne and RMB 18,405 per...
End-user weekly recap: Aluminium Formwork, a game-changing technology for residential construction; Jason Momoa hands out Mananalu aluminium water bottles at Hawaiian Airlines
The end-user segment of the aluminium industry is the most vital because all of the aluminium produced worldwide must be delivered to customers as a product. The end-use sector defines the demand creation for the industry. On July 29, 2022, Larsen & Toubro, an Indian multinational conglomerate interested in engineering and construction, announced that it had used its precast extensive concrete panel technique for ultra-rapid construction of public housing to build a 12-story residential tower with 96 apartments in just 96 days. However, the use of aluminium is not just limited to the industries only; famous television performers are also taking steps to make our environment sustainable. Like, Jason Momoa promoted the importance of aluminium by distributing aluminium bottles filled with...
Downstream aluminium weekly: Novelis reports record financial performance in 1QFY23; European Aluminium projects 30% growth in aluminium demand contributed by EU’s energy transition
The downstream sector of the aluminium industry is one of the most productive sectors, as its profiles move to the retail market for the manufacturers to build things for customers to use. This week the global aluminium downstream sector witnessed some prominent events. To begin with, Novelis released its first quarter financial results for the fiscal year 2023. A record $307 million in net income attributable to shareholders and $307 million in net income from continuing activities were reported by Novelis in its first quarter financial results for the fiscal year 2023. The use of aluminium and its products are on the rise. The European Aluminium association predicts a 30 per cent increase in aluminium consumption due to the EU's energy transition. Considering aluminium as the "basis...
China’s aluminium billet inventories grow by 8,800 tonnes W-o-W to 116,400 tonnes.
On Thursday, August 4, China's aluminium billets inventory increased by 8,800 tonnes W-o-W to close at 116,400 tonnes, from 107,600 tonnes recorded last week. Since upstream output remained steady primarily, the supply doesn't appear to be decreasing. The stockpile of aluminium billets will most likely increase the following week. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan hiked by 13,400 tonnes to settle at 79,400 tonnes from 66,000 tonnes recorded last week. In Foshan, the inventory increased by 20.3 per cent from last Thursday due to concentrated Yunnan imports and weak downstream demand. For the same day in Wuxi, the inventory increased by 200 tonnes to close at 15,000 tonnes. In Changzhou, the...
Pre-launch alert: Get digital-ready with AlCircle’s e-Magazine "Digital Transformation in the Aluminium Industry: Drivers & Change Makers of 2022"
The impact of digital transformation has been prominent and widespread across the world. Over the years, digitalization has significantly evolved and brought about advanced technologies like Artificial Intelligence, Robotics, IoT, and many others. Among some of the leading global industries, aluminium is the one that has been prompt in adopting these advanced digital technologies to transform its businesses into Smart Enterprises. To throw a light more on this revolutionary change in the aluminium industry, AlCircle is working on launching its eleventh e-Magazine - "Digital Transformation in the Aluminium Industry: Drivers & Change Makers of 2022". Through this magazine, we will explore how digitalization will give a new edge to the aluminium industry in 2022. Digital transformation is...
LME aluminium price closes 1.2% lower at US$2,374/t; SHFE price increases by US$42
LME aluminium opened at US$2,385 per tonne on Thursday and closed at US$2,403 per tonne, an increase of US$18 per tonne or 0.75 per cent. On Thursday, August 4, both LME aluminium cash bid price and LME aluminium official settlement price decreased by US$29 per tonne or 1.20 per cent to rest at US$2,373.50 per tonne and US$2,374 per tonne. 3-month bid price and 3-month offer price went down by US$27.5 per tonne or 1.14 per cent and US$28 per tonne or 1.16 per cent to stand at US$2,372.50 per tonne and US$2,373 per tonne. December 23 bid price and December 23 offer price climbed down the graph by US$28 per tonne or 1.14 per cent to settle at US$2,417 per tonne and US$2,422 per tonne. LME aluminium opening stock stood at 290675 tonnes. Live warrants and Cancelled warrants halted at 154800...
Jason Momoa amazes Hawaiian Airlines passengers by distributing Mananalu aluminium water bottles
Growing up amongst nature and the ocean, Jason Momoa's connection with the environment was established long back. His closeness and care towards nature led to the formation of Mananalu, a drinking water company, in 2019. To commemorate Hawaiian Airlines' collaboration with his water firm Mananalu, the Aquaman and Game of Thrones star surprised passengers by distributing aluminium bottles filled with water manufactured by his eco-friendly company. The business employs sustainable packaging and triple-filtered, electrolyte-added, pH-neutral drinking water. “My idea to create Mananalu came to me while on a flight. I’m grateful for your support and it’s an honour to have Hawaiian Airlines be the first airline to partner with Mananalu. We’re on a mission to end single-use plastic,” said Jason...
Breakthrough for Connecticut Metal: Recycles 50,000 tonnes of aluminium-containing materials
Connecticut Metal, North America’s leading recycler of aluminium foil and laminate scraps, reportedly recycled more than 50,000 tonnes of aluminium-containing materials at its Ansonia facility. Foil, paper, and polymer laminates used in the food, drug, and cosmetics sectors were recovered at this facility, which opened in 2010. “Our company began 38 years ago by recycling rigid containers. As flexible packaging made rapid inroads into these markets, we decided to also recycle flexible materials,” said Mary Vulcano, Vice President of Connecticut Metal. Connecticut Metal initially specialised in laminates made of aluminium foil. The business created a unique procedure to remove metal from the paper and plastic substrates. Soon, the company became one of the significant consumers of foil...
Parry & Evans deploys Bunting magnetic separators at its Deeside plant to recover aluminium
Bunting magnetic separators have been installed by recycling expert Parry & Evans to recover metal from pre-sorted household waste. The firm utilises an Eddy Current Separator to retrieve valuable aluminium, including beverage cans, and a permanent Overband Magnet to collect ferrous metals at its Deeside facility in the United Kingdom, including steel food cans. The main aim of the magnetic separators is to recycle every last bit of trash. Each year, the Deeside recycling plant processes over 110,000 tonnes of pre-sorted home waste delivered by North Wales authorities, including Flintshire. Other recyclable items like plastic bottles, containers, metals (cans and trays), and other recyclable items can be found in the rubbish. "The Bunting magnetic separators provide us with effective and...
US aluminium scrap imports from Mexico shrink by 12% in April’22 after an intermittent rise in the previous month
Aluminium is the metal of the future. It is one of the essential elements of the “Green Economy.” And in this run towards a sustainable environment, aluminium holds the most significant part. Due to its unique characteristics, it can be recycled repeatedly without losing its original value. Recycling aluminium conserves 95 per cent of the energy required to produce the same quantity of aluminium from scratch. According to the USGS data, the United States imported 18,300 tonnes of aluminium scrap from Mexico, which declined by 2,500 tonnes or 12.01 per cent M-o-M from 20,800 tonnes in March. In March, Mexico exported 20,800 tonnes of aluminium scrap to the US, reflecting growth of 3,700 tonnes or 21.63 per cent from 17,100 tonnes in February. For the same year, a hike of 1,700 tonnes or...
China’s A00 aluminium ingot price mounts to RMB18,390/t; Low carbon aluminium price soars up by RMB162/t
As per the SMM data, on Thursday, August 4, China’s A00 aluminium ingot price has grown by RMB 170 or 0.93 per cent to halt at RMB 18,390 per tonne. The average price for the same is expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne, with spot contracts to be traded at a discount price of RMB 70-30 per tonne. The price in Shenyang has surged the highest by RMB 180 per tonne to settle at RMB 18,340 per tonne. On the same day, the price in Linyi has augmented by RMB 170 per tonne to come in at RMB 18,440 per tonne. As per the SMM data, the price in Foshan, Hangzhou and Chongqing has soared by RMB 160 per tonne to rest at RMB 18,280 per tonne, RMB 18,410 per tonne and RMB 18,340 per tonne. In Wuxi and Gongyi, the price has escalated by RMB 150 per tonne and RMB 140 per...
PPG unveils non-BPA internal spray coating for aluminium beverage cans
On Monday, August 1, Pittsburgh Plate Glass Company (PPG) unveiled PPG INNOVEL® PRO, an improved interior spray coating for the endlessly recyclable aluminium beverage can that omits the use of bisphenol-A (BPA) or bisphenol starting ingredients and has more strong application qualities. Bisphenol A or BPA is an industrial chemical employed in producing different polymers. It is a colourless solid that dissolves in most popular organic solvents but only very weakly in water. It harms the brain and prostate gland of foetuses, new-borns, and children. With over ten years of experience as the most popular non-BPA internal beverage spray coatings on the market, PPG Innovel has developed PPG Innovel PRO, a next-generation, high-performance acrylic coating. According to the business, PPG...
US aluminium scrap exports to India heighten by 234.33% in April’22
Aluminium is becoming increasingly popular as a new alternative to steel, especially in the production of electronics, building parts, kitchenware, jar lids and even transportation. In response, companies are using aluminium packaging instead of conventional metal packaging. The shift to a sustainable society with lightweight electric vehicles has expanded aluminium utilisation in the transportation industry. United States exported 33,400 tonnes of aluminium scrap to India in April 2022, which heightened by 23,410 tonnes or 234.33 per cent from 9,990 tonnes in March. On the other hand, in March M-o-M decline of 1,610 tonnes or 13.87 per cent was recorded from 11,600 tonnes in February. In February a hike of 300 tonnes or 2.65 per cent was recorded from 11,300 tonnes in January. As per the...
LME aluminium price plunges by US$21/t to US$244.50/t; SHFE price surges by US$12/t
LME aluminium opened at US$2,445.5 per tonne on Tuesday and closed at US$2,414 per tonne, down US$36 per tonne or 1.47 per cent. On Tuesday, August 2, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$21 per tonne or 0.85 per cent to halt at US$2,448 per tonne or US$2,448.50 per tonne. 3-month bid price and 3-month offer price dropped by US$11.5 per tonne or 0.46 per cent and US$51 per tonne or 2.04 per cent to rest at US$2,436 per tonne and US$2,437 per tonne. December 23 bid price and December 23 offer price also plunged by US$12 per tonne or 0.48 per cent to score at US$2,475 per tonne and US$2,480 per tonne. LME aluminium opening stock halted at 296650 tonnes. Live warrants and Cancelled warrants for the same day stood at 154800 tonnes and...
