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.
LME aluminium price grows by US$34.5/t to US$2,412/t; SHFE price drops by US$24/t
LME aluminium opened at US$2,430.5 per tonne on Tuesday and closed at US$2,385 per tonne, down US$42 per tonne or 1.73 per cent. On Tuesday, July 19, both LME aluminium cash bid price and LME aluminium official settlement price stopped at US$2,411.50 per tonne and US$2,412 per tonne after...
Azerbaijan Industrial Corporation signs deal with Achenbach Buschhütten for rolled aluminium production in Ganja
Azeraluminium LLC, a subsidiary of Azerbaijan Industrial Corporation OJSC, and German company Achenbach Buschhütten signed an agreement to create a joint venture for the manufacture of aluminium goods in Ganja. The manufacturing of rolling aluminium products is envisaged as a part of the agreement,...
The Australian Aluminium Council welcomes ABx group, the third member of the bauxite exploration class
On July 19, the Australian Aluminium Council announced the joining of ABx Group (ABx) as its new council member. The businesses of bauxite mining, alumina refining, aluminium smelting, and downstream processing are all represented in Australia by the Australian Aluminium Council. The Sunrise...
China’s A00 aluminium ingot price hikes by RMB160/t to RMB17,900/t; Average alumina price moves up by RMB3/t
On Tuesday, July 19, China’s A00 aluminium ingot price surged by RMB 160 per tonne to settle at RMB 17,900 per tonne. The average price for the same is expected to orbit between RMB 17,880 per tonne and RMB 17,920 per tonne, with spot contract to be traded at a discount price of RMB 30 per tonne...
Low supply of aluminium cans puts craft breweries in Bay Area under pressure
The beverage industry has been affected by the aluminium can shortage brought on by supply chain issues. Local breweries have been straining to fill the gap since the outbreak. The S27 Ales craft brewery in San Jose claimed that securing aluminium cans are becoming difficult for them. "Cans have...
LME aluminium official price dips by US$8.5/t to US$2,320.50/t; SHFE price slides up by US$68/t
LME aluminium opened at US$2,335 per tonne last Friday and closed at US$2,340 per tonne, an increase of US$13 per tonne or 0.56 per cent. On Friday, July 15, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$8.5 per tonne or 0.36 per cent to halt at...
Primary weekly recap: Rio Tinto to invest US$188 million to scale up low-carbon aluminium billet production; Vedanta Aluminium inks MoU with TÜV SÜD to achieve water-positive sustainability goals;
LME aluminium's official settlement price opened the week with a growth of US$17.5 per tonne to close at US$2,417 per tonne, which declined by US$59 per tonne the next day to halt at US$2,358 per tonne. On Wednesday, the LME aluminium benchmark price slumped by US$15 per tonne to stop at US$2,343...
Downstream weekly recap: ADC revokes anti-dumping duties on aluminium profiles imported from Vietnam and Malaysia; AKFA plans to expand aluminium products export in 2022
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. Because commercial manufacturers obtain the products produced here, downstream is one of the most important areas in the aluminium industry. This week the global...
Aluminium billet inventories in China tumble down by 3,200 tonnes W-o-W to 98,500 tonnes
As of July 14, the domestic aluminium billet social inventory closed at 98,500 tonnes, down by 3,200 tonnes W-o-W. Overall, decreased aluminium prices improved downstream consumer confidence. The durability of destocking will need strict monitoring, however, given the consistent output of aluminium...
Gränges reported record net sales of SEK 6,875 million in 2Q2022 amidst a challenging environment
Gränges, a supplier of rolled aluminium products for heat exchanger applications, reported strong outcomes despite the challenging environment. The company reported 93 per cent sales volume in the second quarter of 2022 (2Q2022), despite the harsh COVID-19-related lockdowns in China. The net sales...
EGA and K-Line Group join forces to decarbonize bulk cargo shipping
On July 13, Emirates Global Aluminium and Kawasaki Kisen Kaisha, Ltd. (K-Line Group) signed an agreement to collaborate on research and pilot projects to decarbonize bulk cargo shipping. The K-Line Group is one of the largest shipping groups in the world. To accommodate EGA's bulk cargo shipping...
China’s A00 aluminium ingot price closes the week with a slip of RMB20/t; Aluminium alloy (ADC12) price drops by RMB100/t
A00 aluminium ingot price in China closes the week with a slip of RMB 20 per tonne to settle at RMB 17,420 per tonne, says the SMM data. The average price for the same is expected to range between RMB 17,400 per tonne and RMB 17,440 per tonne, with spot contract to be traded at a premium price of...
US Department of Commerce initiates nationwide anti-circumvention enquiry on aluminium foil imports from China
A nationwide anti-circumvention investigation concerning imports of aluminium foil from China that is produced or finished in Thailand and South Korea was self-initiated on Wednesday, July 13, by the U.S. Department of Commerce. According to unfair trade orders released by the Commerce Department...
Minerals and metals industry urges government to introduce urban mining in India
Urban mining is the process of removing non-ferrous metals, like aluminium, copper, lead, and zinc, from electronic trash and other wastes that are primarily produced in urban areas. To make deep-seated minerals such as zinc, lead, and copper more accessible, the minerals and metals industry is...
LME aluminium benchmark price slumps by US$15/t to US$2,343/t; SHFE price declines by US$19/t
LME aluminium opened at US$2,360.5 per tonne on Wednesday and closed at US$2,359 per tonne, down US$1 per tonne or 0.04 per cent. LME aluminium cash bid price closed at US$2,342.50 per tonne, with a US$14.5 per tonne or 0.61 per cent drop, according to London Metal Exchange. LME aluminium official...
ASI welcomes Cervejaria Masterpiece as its new Industrial User member
On Monday, July 11, Aluminium Stewardship Initiative announced the joining of Cervejaria Masterpiece as its new Industrial Users member. To maximise aluminium's contribution to a sustainable society, producers, users, and stakeholders in the value chain are brought together by ASI, a non-profit...
Weston Aluminium reports another major fire incident in 8 months
On Tuesday, July 12, a major accident was reported at Weston Aluminium on Mitchell Avenue. The molten aluminium that had spilt at the Kuri Kuri based smelter was, however, brought under control by the firefighters. The firefighters arrived at the spot at around 11.30 pm, where they discovered a...
Oman’s exports of aluminium plates, sheets and bars from the US in 1Q2022 surged by 19.6%
The use of aluminium plates, sheets and bars, also known as aluminium flat-rolled products, is widespread. They are used in the food and beverage sector for packaging as well as in cookware and appliances. The building and housing industries can employ sheets of this metal for siding, roofing,...
