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.
Hydro’s NOK500 million investment at its Cressona extrusion facility may reduce carbon footprint by 5%
Aluminium as a metal is not just strong or sturdy but also holds the highest recyclability character. It can be recycled multiple times without losing its actual attributes. And a key part of Hydro's plan for a sustainable future is effectively recycling pre- and post-consumer aluminium scrap ....
China’s A00 aluminium ingot price plunges by RMB130/t; Low carbon aluminium price descends by RMB113/t
Following a hike for three consecutive days from July 27 to July 29, China’s A00 aluminium ingot price dropped on Monday and Tuesday. As of August 2, the primary aluminium ingot price declined further by RMB 130 per tonne to rest at RMB 18,170 per tonne. The average price for the same is expected...
Hydro reports resumption of line 2 production at Albras, following power outrage earlier this year
As per the latest reports, on July 29, line 2 at Hydro's partially-owned aluminium facility in Brazil, Albras, was resumed fully. The production line was closed on February 19, 2022, due to an internal power distribution failure. A full closure of line 2 caused by the power outage resulted in a 25...
Aluminium lattice screen in 3ASH House ensures privacy and solar shading
Aluminium serves as a tool for limitless creativity for architects. Buildings may be significantly more relaxed throughout the summer because aluminium reflects sunlight, which can lead to lower power expenses. It also has a very high strength-to-weight ratio, making it an excellent choice for...
LME aluminium price drifts lower by US$6/t to US$2,452/t; SHFE price falls by US$48/t
LME aluminium opened at US$2,462 per tonne last Friday and closed at US$2,482.5 per tonne, an increase of US$17.5 per tonne or 0.71 per cent. After witnessing a hike the previous day, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$7 per tonne or 0.28 per...
End user weekly recap: International cola giant forecasts strong revenue growth eyeing sustainable demand; Colep Packaging acquires a 40% stake in aerosol manufacturing firm ALM
From transport to automobiles to packaging, the use of aluminium is widespread and expanding with passing time. This week the end-user sector of the global aluminium industry recorded some significant changes. A swift change was witnessed, with companies shifting to aluminium for a more sustainable...
Primary aluminium weekly recap: Tiwai Point aluminium smelter in talks with power companies to continue operations beyond 2024; GFG Alliance's £586 million deal demands transparency from Scottish ministers
Some of the important events spotted under the global primary aluminium segment are the news of the Tiwai Point aluminium smelter in talks with power companies to continue operations beyond 2024. The Tiwai Point aluminium smelter, which Rio Tinto and the Sumitomo Group control through the joint...
Recycled aluminium weekly recap: BMW calls for 'Secondary First' to achieve climate neutrality; Cluj-Napoca lures public into aluminium or plastic waste collection in exchange of free bus tickets
The global aluminium recycled sector is one of the most important sectors of the metal industry. With carbon emission reduction or an eco-friendly environment being the need of the hour, top companies like Hydro, BMW, etc., are looking for ways to achieve the same. BMW Group, a German multinational...
China’s aluminium billet inventories expand by 12,200 tonnes W-o-W to 107,600 tonnes
On Thursday, July 28, the aluminium billet inventory heightened by 12,200 tonnes from 95,400 tonnes recorded last week. The inventory as of Thursday, July 28, closed at 107,600 tonnes. As per the SMM data, the inventories in Foshan and Huzhou witnessed growth, whereas, on the other hand,...
Hydro’s investment of NOK150 million at Henderson factory to further boost recycled aluminium production
Hydro's recent investment of NOK 150 million ($15 million) into its Henderson factory in Kentucky highlights the urge of the automobile industry to shift towards a more sustainable and eco-friendly environment. This investment will strengthen Hydro's position as North America's top producer of low...
A00 aluminium ingot price in China augments by RMB260/t; Low carbon aluminium price grows by RMB250/t
On Friday, July 29, China’s A00 aluminium ingot price has augmented by RMB 260 per tonne to settle at RMB 18,620 per tonne. The average price for the same is expected to orbit between RMB 18,600 per tonne and RMB 18,640 per tonne, with spot contracts to be traded at a discount price of RMB 50 to...
Lotte Chemical teams up with Lotte Aluminium to build an anode facility in Kentucky
On Wednesday, July 27, Lotte Chemical announced its intention to construct an anode facility in Kentucky by 2025 under the joint venture between the former and Lotte Aluminium. A crucial component of electric vehicle (EV) batteries is anode foil. Lotte Chemical and Lotte Aluminium will each spend...
Press Metal Aluminium’s prospects to remain strong in the coming years, says RHB research
RHB research stated that, given the projected long-term demand for aluminium, Press Metal Aluminium Holdings Bhd's prospects are still strong. Press Metal will continue to gain from the Bakun Dam power purchase agreement with Sarawak Energy Bhd, which provides a long-term supply of energy at...
US monthly aluminium scrap imports from Canada plunge by 3.93% in April 2022
Aluminium is a highly durable metal that can be recycled repeatedly without losing any of its original value. Recycling aluminium conserves 95% of the energy required to produce the same quantity of aluminium from scratch. Compared to steel, the use of aluminium in multiple sectors is increasing...
LME aluminium price closes 1.90% lower at US$2,390.50/t; SHFE price hikes by US$60/t
LME aluminium opened at US$2,423.5 per tonne on Wednesday and closed at US$2,426 per tonne, an increase of US$4 per tonne or 0.17 per cent. On Wednesday, July 27, LME aluminium cash bid price declined by US$45 per tonne or 1.84 per cent to settle at US$2,390 per tonne. On the same day, LME...
V Global Manufacturing joins ASI as new Industrial User member
On Monday, July 25, Aluminium Stewardship Initiative announced the joining of V Global Manufacturing Limited as its new Industrial User Member. Situated in Chengdong Industrial Park in Dehua County, V Global Manufacturing Limited, is a foreign-owned business in Singapore with a registered capital...
TUMI rolls out limited edition 19 Degree aluminium briefcase
TUMI, the manufacturer of high-end luggage and travel bags, has recently rolled out its limited edition 19 Degree aluminium briefcase. As a metal, aluminium finds use across a wide range of fields, from industrial to household to strong and robust briefcases. This limited edition framework features...
China’s A00 aluminium ingot price augments by RMB190/t to RMB18,030/t; Australian alumina FOB price dips by US$2/t
On Wednesday, July 27, China’s A00 aluminium ingot price has heightened by RMB 190 per tonne to settle at RMB 18,030 per tonne. The average prices for the same is expected to range between RMB 18,010 per tonne and RMB 18,050, with spot contracts trading at a discount price of RMB 30 per tonne and a...
