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.
Downstream weekly recap: Vietnam Ministry to evaluate anti-dumping duties on Chinese aluminium goods for second time; AMAG receives recognition from Vienna Stock Exchange Prize jury
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. To begin with, for the week, the Vietnam Ministry of Commerce announced the results of the second examination of anti-dumping measures imposed on certain Chinese...
Primary aluminium weekly recap: Ghana eyes to become an integrated aluminium producer; Balco bids green, introduces biomass briquettes to generate power
The price of aluminium on the London Metal Exchange (LME) dropped dramatically as a result of sluggish economic development, which further reduced the market's demand for the metal. Also, China's interest rate rise had been aided by the second wave of Covid-19 lockdowns. As a result of this, On...
Hindalco’s aluminium ingot price sees a back-to-back cut to stand at INR227,000/t on June 17
On June 17, Hindalco Industries Limited further declined its aluminium ingot and aluminium products prices by INR 7,750 per tonne or 3.30 per cent. That brought the company’s aluminium ingot price to INR 227,000 per tonne from INR 234,750 per tonne on June 14. As per the data revealed by the...
Aluminium billet inventories in China nosedive by 21,100 tonnes W-o-W to 118,900 tonnes
On Thursday, June 16, China’s aluminium billet inventories nosedived by 21,100 tonnes to settle at 118,900 tonnes W-o-W across five major consumption areas. The social inventory, on the other hand, was dragged down by strong replenishing demand with lowering aluminium prices. In Wuxi, Changzhou,...
Fantom Drives GFORCE3 external hard drive series showcases aluminium framework
The Fantom Drives GFORCE 3 external hard drive series, comprised of durable aluminium, is simple to use and a vital component for any device. The use of aluminium makes it a good heat absorber allowing the GFORCE 3 to run without a fan and in complete silence. As per the latest information,...
Neo-Primitive, a unique aluminium chair curated by Lee Sisan in collaboration with RIMOWA
Neo-Primitive, a unique aluminium chair fabricated by Lee Sisan in collaboration with RIMOWA, will be displayed at the 'As Seen by' exhibition in South Korea. This elegant piece of furniture is made from cast aluminium branches and grooved aluminium sheets, which are also used in RIMOWA baggage....
LME aluminium price plunges by US$79.5/t to US$2,500.50/t; SHFE price slumps by US$62/t
LME aluminium opened at US$2,619 per tonne on Thursday and closed at US$2,521.5 per tonne, down US$93.5 per tonne or 3.58 per cent. On Thursday, June 16, both LME aluminium cash bid price and LME aluminium official settlement declined by US$79 per tonne or 3.06 per cent and US$79.5 per tonne or...
Sunalco Alloys joins ASI as its new Production and Transformation member
Sunalco Alloys Pvt Ltd has joined ASI as a member of the Production and Transformation group. Sunalco Alloys Pvt. Ltd. is a non-ferrous metal recycling company that makes various grades of aluminium alloys as a final product. They serve as a vital link between scrap collectors, processors,...
US aluminium scrap exports to Mexico in 1Q2022 plunge by 53.65% to 20,900 tonnes
In 1Q2022, the United States exported 20,900 tonnes of aluminium scrap to Mexico, which reflected a downfall of 24,200 tonnes or 53.65 per cent Y-o-Y from 45,100 tonnes in 1Q2022. In 4Q2022, the amount of aluminium scrap exported by the United States to Mexico closed at 40,000 tonnes, which on a...
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China’s A00 aluminium ingot price hikes by RMB150/t; Australian alumina FOB price moves up by US$6/t
On Wednesday, June 15, the A00 aluminium ingot price in China halted at RMB 20,070 per tonne, after witnessing a hike of RMB 150 per tonne. As per the SMM data, the average price is expected to stand between RMB 20,050 per tonne and RMB 20,090 per tonne, with spot contract to be traded at a premium...
Vietnam Ministry to evaluate anti-dumping duties on Chinese aluminium goods for second time
The second evaluation of anti-dumping measures imposed on selected Chinese aluminium goods has been announced by the Ministry of Industry and Trade (MoIT). As a result, the anti-dumping duties on items with the codes 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10, and 7604.29.90 will be reviewed....
Carl Pei’s flagship smartphone to flaunt 100% recycled aluminium frames
Nothing a UK-based privately held consumer tech company has announced that its first smartphone titled, ‘Phone (1)’ will be finally revealed to the customer on July 12. As per Carl Pei, the CEO and co-founder of Nothing, the smartphone is constructed using 100 per cent recycled aluminium. On June...
LME aluminium price nosedives for the second day by US$105.5/t; SHFE price plunges by US$46/t
LME aluminium opened at US$2,674 per tonne on Monday and closed at US$2,637 per tonne, down US$45.5 per tonne or 1.7 per cent. On Monday, June 13, both LME aluminium cash bid price and LME aluminium official settlement price dropped majorly by US$105.5 per tonne or 3.91 per cent, due to the...
Polini’s new aluminium clutch case for Vespa, a great match for racing engines
Polini, an Italian aftermarket expert, has introduced new aluminium clutch housing for classic Vespa models. With a price tag of 139 euros ($149 USD), the new Polini clutch case is simple to install and has a rack actuator that allows the clutch control to glide smoothly and with little friction....
Aluminium scrap imports from Canada by the US in 1Q2022 dwindle by 9.58% to 151,000 tonnes
According to the USGS data, the United States imported 151,000 tonnes of aluminium scrap from Canada in 1Q2022, which registered a drop of 16,000 tonnes or 9.58 per cent Y-o-Y from 167,000 tonnes in 1Q2021. In 4Q2021, the total amount of aluminium scrap imported from Canada by the United States...
A00 aluminium ingot price in China opens the week with a plunge of RMB400/t; Average alumina spot price slips by RMB4/t
On Monday, June 13, A00 aluminium ingot price in China halted at RMB 20,100 per tonne, falling sharply by RMB 400 per tonne, as shown in the SMM data. The average price is expected to hover between RMB 20,080 per tonne and RMB 20,120 per tonne, with spot contract to be traded at a discount price of...
Perini Navi’s newly modified 47 meter sailing yacht flaunts an aluminium hull
The Italian Sea Group has finally taken the wraps off its newly modified 47-meter Perini Navi sailing yacht, flaunting an aluminium hull. Expected to be delivered by 2024, this modified yacht features a wide V-shaped bow that helps it maintain a stable heel angle. It also has a 200-foot...
Primary aluminium weekly recap: China’s aluminium production in May grows 4% M-o-M to 3.435 Mt; Vedanta reports 12% reduction in carbon emissions in FY2022 on the World Environment Day
The global aluminium primary aluminium segment witnessed a lot of significant changes. To begin with, the news that garnered the most attention this week was the appointment of Satish Pai as the new board chairman of the International Aluminium Institute. Satish Pai is the Managing Director of...
