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.
Why buy AlCircle’s report - “The World of Aluminium Extrusions - An industry analysis with forecasts to 2027"?
The year 2022 heralds a ray of fresh desire and optimism for the downstream aluminium industry, with a lot of upcoming projects, investments, and changes in line. So, the team AlCircle has launched its latest research report, “The World of Aluminium Extrusions - An industry analysis with forecasts...
Custom Line’s all-aluminium Navetta 50 construction may begin by 2022-end
Aluminium as a metal is lightweight, corrosion resistant and sturdy, which makes it a good fit for yachts, ships and other similar structures. Custom Line brand’s flagship yacht, the new Navetta 50, is designed entirely out of aluminium. It is a part of the displacement range of the brand and has a...
LME aluminium price closes 1.15% lower at US$2,431.50/t; SHFE price declines by US$23/t
LME aluminium opened at US$2,459 per tonne on Monday and closed at US$2,408 per tonne, down US$51 per tonne or 2.07 per cent. On Monday, July 25, LME aluminium cash bid price stood at US$2,431 per tonne, and LME aluminium official settlement price closed at US$2,431.50 per tonne. Both the prices...
Maxion Wheels joins ASI as new Production and Transformation member
Maxion Wheels, a division of Iochpe-Maxion S.A and the world’s leading steel and aluminium wheel supplier, joined Aluminium Stewardship Initiative (ASI) as its new Production and Transformation member. Its low-carbon expertise and energy-efficient designs help cars, buses, trucks, and trailers...
Alba’s Chairman expresses gratitude to the shop floor workers on his visit to Casthouse 4
On Sunday, July 24, 2022, Shaikh Daij bin Salman bin Daij Al Khalifa, the Chairman of the Board of Directors (BOD) of Aluminium Bahrain B.S.C. (Alba), paid a field visit to Alba's Casthouse 4 (CH4). He was joined by Chief Executive Officer Ali Al Baqali, Director Casthouse A. Rasool Ahmed as well...
China’s A00 aluminium ingot price opens the week with a drop of RMB150/t; Low carbon aluminium price falls by RMB172/t
China’s A00 aluminium ingot price opened the week on Monday, July 25, with a drop of RMB 150 per tonne, after witnessing a hike on Friday, July 22. As per the SMM data, the price for July 25 closed at RMB 17,840 per tonne, with average prices expected to range between RMB 17,820 per tonne and RMB...
Recycled aluminium weekly recap: North Cork supermarket installs second 'reverse vending machine' to recycle aluminium cans; Hydro's "Green Financing Framework" supports its low-carbon economy mission
Recycling is proven to be more of a need than a cause for concern in the socio-economic climate of today when the world is buzzing with issues like a growing global population, rising carbon emissions, rising energy expenses, and a scarcity of feedstock. And aluminium as a metal is considered to be...
Primary aluminium weekly recap: Rio Tinto inks MoU with Ford Motor for low carbon aluminium supply; Aditya Aluminium initiates to restore water bodies in Odisha’s Rengali Block region
The primary aluminium industry witnessed a lot of significant incidents this week. From the LME aluminium price opening the week with an escalation to the news of Rio Tinto resolving tax disputes with the Australian taxation office, the metal market as a whole had been going through lots of ups and...
China's aluminium billet inventories fell by 3,100 tonnes W-o-W to 95,400 tonnes
On Thursday, July 21, the aluminium billet inventories in China dropped by 3,100 tonnes W-o-W to close at 95,400 tonnes, from 98,500 tonnes a week ago. Except for Foshan and Huzhou, all major markets saw a decrease in inventories, partially attributable to fewer exports from smelters in northwest...
Governor of Kentucky condemns Unity Aluminum for abandoning Ashland aluminium mill project
Five years after lawmakers authorised investing $15 million to assist Unity Aluminum (formerly known as Braidy Industries) build an aluminium mill, the company appears to be abandoning a contentious project in Ashland to take up another project with Steel Dynamics Inc. in the southeast. According...
Ullrich Aluminium's acquisition for NZ$165 million puts Vulcan Steel on the path to a sustainable future
Vulcan Steel has signed a conditional sale and purchase agreement to acquire Ullrich Aluminium for NZ$165 million (A$148.63 million) to diversify into a metal that weighs just one-third as much as stainless steel. Vulcan gained 100 per cent of the aluminium distributor. Net debt of NZ$34 million...
LME aluminium benchmark price slumps by US$30.5/t to US$2,426/t; SHFE price closes at US$2,657/t
The LME aluminium price on Thursday opened at US$2,427 per tonne, closed at US$2,439.5 per tonne, and increased by US$17.5 or 0.72 percent. On Thursday, July 21, the LME aluminium cash bid price slipped by US$32 per tonne or 1.30 per cent to settle at US$2,424 per tonne after witnessing a hike the...
Aluminum Association requests unwavering support to strengthen trade enforcement at the USITC hearing
The Aluminum Association provided testimony on Wednesday, July 20, regarding the financial effects of Section 232 and Section 301 tariff programmes before the U.S. International Trade Commission (USITC). The Aluminum Association's president and CEO, Charles Johnson, noted how China's widespread...
WIDIA unveils an innovative chip-breaker for machining aluminium
With the addition of AL Geometry to its ISO Turning portfolio, WIDIA expanded its range of reasonably priced tooling solutions for small to medium-sized machine shops that work with non-ferrous materials and aluminium. The AL Geometry insert offers additional advantages in addition to increased...
Hydro's "Green Financing Framework" supports its mission toward low-carbon economy
Hydro’s green and sustainability-linked financing framework has been created as a part of the company’s dedication to sustainability. The framework enables Hydro to provide green financial products and financing instruments connected to its aims and efforts in sustainability. The "Green Financing...
China’s A00 aluminium ingot price slips by RMB40/t to RMB 17,840/t; Aluminium alloy (A356) price drops by RMB50/t
China’s A00 aluminium ingot price has dropped by RMB 40 per tonne to close at RMB 17,840 per tonne as of Thursday, July 21. The average price for the same is expected to range between RMB 17,820 per tonne and RMB 17,860 per tonne, with spot contract to be traded at a discount price of RMB 30 per...
Triangle's Cycling Equipments joins ASI as its new Industrial User member
On Tuesday, July 19, the Aluminium Stewardship Initiative announced the joining of Triangle's Cycling Equipments as its new Industrial User member. Triangle's aspires to be a model business and a pioneer in the development and production of aluminium bicycle frames at the European level. It is the...
Aluminum Association urges the Commerce Department to address avoidance of anti-dumping duty by Chinese exporters
In a recent filing with the Commerce Department, the Common Alloy Aluminum Sheet Trade Enforcement Working Group of the Aluminum Association and its individual members claimed that Chinese exporters and producers are allegedly evading unfair trade restrictions on common alloy aluminum sheet (CAAS)...
