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.
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 carbon-fiber mast that holds a main sail and jib with a combined area of almost 13,000 square feet. Meanwhile, the ingenious new sail management system uses captive winches below deck to track and regulate the sails. A newly developed variable keel draught has improved hull efficiency and seaworthiness even further. When the keel is down, the permanent section of the keel box has been lowered, freeing up the centreboard dimension, allowing for a maximum draught of 11 metres. When the keel is up, the...
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 Hindalco Industries, one of the world’s largest integrated aluminium producers. Also on the occasion of World Environment Day, Vedanta Aluminium’s CEO Rahul Sharma stated that the company's climate measures resulted in a 12% reduction in carbon emissions intensity at several of its smelters in FY2022. Under the market forefront, China produced 3.435 million tonnes of aluminium in May (31 days), up 4.15 per cent over the previous month's 3.298 million tonnes (30 days), says the data from SMM. On...
BMW R18 Magnifica with customized aluminium wheels debuts at Top Marques Monaco
BMW Motorrad has finally revealed its custom BMW R18 Magnifica cruiser at Top Marques Monaco. The BMW R18 Magnifica is reportedly built entirely of aluminium, mahogany wood, and brass, with a custom-built frame and billet aluminium wheels. This massive and powerful motorbike was commissioned by Officine Riunite Milanesi and built by Andrea Radaelli of Radikal Chopper. For the final design of the R18 Magnifica, the designer claimed to have drawn influence from the 1920s, 1930s, and 1940s vintage bikes. According to the motorbike manufacturer, this one-of-a-kind creation has an exceptional appeal that few current motorcycles can match. “The bike has to be my own creation. I don’t feel like dredging up or modifying a concept already set up and done very well by others. Vintage bikes from the...
Hindalco’s aluminium ingot price uptrends by 1.74% to INR248,250/t with effect from June 9
On Thursday, June 9, Hindalco Industries Limited’s aluminium ingot and aluminium products prices trended up by INR 4,250 per tonne or 1.74 per cent. That brought the company’s aluminium ingot price to INR 248,250 per tonne from INR 244,000 per tonne on June 8. As per the data revealed by the company, Hindalco’s aluminium ingot price underwent a slash of INR 2,000 per tonne or 0.81 per cent on June 8 from INR 246,000 per tonne on June 7. Hindalco also increased its aluminium wire rod price by INR 4,250 per tonne from INR 255,100 per tonne on June 8 to INR 259,350 per tonne on June 9. The price on June 8 was reduced by INR 2,000 per tonne from a day before. The price of aluminium billets expanded by INR 4,250 per tonne as well, with effect from June 9, to halt at INR 262,350 per tonne. The...
China’s aluminium billet inventories expand by 12,900 tonnes W-o-W across five major regions
On Thursday, June 9, aluminium billet inventory in China expanded by 12,900 tonnes W-o-W across five major consumption areas to score at 140,000 tonnes. Arrivals were high due to upstream manufacturers' centralised shipment during the Dragon Boat Festival, but downstream manufacturers continued to purchase on rigid demand, which was lower than pre-holiday levels. In light of declining aluminium prices, some extruders with re-melting furnaces acquired aluminium ingot to keep costs down. The weekly cargo from the warehouses dropped from 15,100 tonnes to 52,300 tonnes, which is still within a healthy range. Conversion margins will probably remain low, but consumption is expected to increase M-o-M in June, potentially reducing billet inventories. The figure below provides further information...
Companies in the Brazilian Aluminium value chain receives ASI certification
Sustainability lies at the heart of the Brazilian aluminium sector, serving as a motivator for decision-making and project implementation. From mining to recycling, ABAL promotes enterprises along the value chain. Companies in the Brazilian aluminium value chain have now obtained ASI certification at every level of the process, including bauxite mining, alumina production, and primary aluminium manufacturing. Companies in the primary metal processing and recycling sectors have also been certified. The primary goal of ABAL's membership in ASI was to encourage its affiliates to get ASI certification, which is well-known in the aluminium consumer market. ASI is more than just a certification; it supports and promotes the most sustainable practices. It's becoming even more important since it...
Aluminium-coated fibre from FibreCoat bags the Start-up-Booster award at JEC World 2022 in Paris
FibreCoat, a start-up business, demonstrated its success in coating individual basalt fibres with aluminium, making them versatile and cost-friendly. AluCoat from FibreCoat has reduced the cost of manufacture by a tenth when compared to other aluminium fibres already in use. With this feature, the Aachen-based business beat the stiff competition at JEC World 2022 in Paris' Start-up Booster Competition, winning the coveted prize on 4 May for "making high-performance materials accessible," as it was dubbed. FibreCoat is a company that creates and sells high-performance fibre materials. The AluCoat aluminium basalt fibre is the first commercially available product. AluCoat is thermally and electrically conductive, as well as temperature resistant up to 600°C, unlike currently utilised...
Introducing the new aluminium built ocean-going catamaran, Archipelago 47
British newcomer Archipelago Yachts hopes to achieve another milestone with its all-new aluminium clad Archipelago 47 powercat. The Archipelago 47 powercat is already under construction on the Isle of Wight and is expected to be ready for a global debut at this year's Southampton Boat Show. The usage of aluminium for making the yacht not only reduces weight and development costs but also enables future customization. It's also a robust, long-lasting substance that may be recycled indefinitely. Chartwell Marine, a team of naval architects whose core field of expertise is powercats for the offshore wind farm sector, designed the Archipelago 47. Dr Steven Weatherley, the company's creator, owner, and CEO decided to commission and build a powercat, replacing the family’s Mitchell 31. With its...
LME aluminium benchmark price surges by US$50.5/t to US$2,765.50; SHFE price goes up by US$5/t
LME aluminium opened at US$2,788 per tonne on Wednesday and closed at US$2,836 per tonne, up US$49.5 per tonne or 1.78 per cent. LME aluminium cash bid price expanded by US$51 per tonne or 1.87 per cent to score at US$2,765 per tonne. LME aluminium official settlement price also witnessed growth by US$50.5 per tonne or 1.86 per cent to settle at US$2,765.50 per tonne as of June 8. 3-month bid price and 3-month offer price soared up by US$52.5 per tonne or 1.91 per cent and US$53 per tonne or 1.93 per cent to close at US$2,797 per tonne and US$2,798 per tonne. December 23 bid price and December 23 offer price for the same day halted at US$2,755 per tonne and US$2,760 per tonne, after dropping by US$47 per tonne or 1.73 per cent. LME aluminium opening stock stopped at 434000 tonnes. Live...
Aluminium Smelter at BMW Group's Landshut facility uses electric heating stations
Electric-powered heating stations for the aluminium melt have recently been used for the first time in a test operation in the BMW Group’s Landshut facility, the plant’s main production area. As a result, the plant's energy efficiency and resource consumption are both growing. Previously, gas was used to heat the heating stations throughout the foundry. Following a successful test phase, they will be gradually replaced with electrically run heating stations across the board, saving around 60 tonnes of CO2 per heating station each year. "The light metal foundry was and is a pioneer. Our innovative manufacturing processes are sustainable and have won several awards. The fact that we are now converting the operation of our heating stations from gas to electric is both energy-efficient and...
HRE Wheels sets benchmark with its new carbon-fiber/aluminium wheel line
HRE Wheels a custom wheel manufacturer is coming up with a series of aftermarket two-piece carbon/fiber aluminium wheels. As per HRE, this new series will set a new benchmark in terms of performance and quality. According to the company, the new CBRN line achieves excellent impact resistance and "class-leading" strength-to-weight ratios thanks to a "toughened-resin" system and unique Vacuum-Assisted Resin-Transfer Molding technology. "With carbon fiber wheels becoming more readily available through several OEMs, we knew the materials and technologies were finally ready for us to achieve our goals with carbon fiber," said HRE Wheels CEO Alan Peltier. The carbon-fiber rim is linked to forged aluminium centres with high-strength titanium fasteners on the two-piece wheels. Customers may have...
US aluminium scrap exports to India in 1Q2022 record a drop of 13.87% to halt at 105,000 tonnes
According to the USGS data, the United States exported a total of 105,000 tonnes of aluminium scrap to India in 1Q2022, which on a Y-o-Y calculation recorded a drop of 378,000 tonnes or 78.26 per cent from 483,000 tonnes in 1Q2021. On the M-o-M forefront, the amount of aluminium scrap exported to India by the United States reflected a fluctuating movement. As per the USG data, in March 2022, 9,990 tonnes of aluminium scrap were exported to India by the United States, which on an M-o-M basis plunged by 1,610 tonnes or 13.87 per cent from 11,600 tonnes in February 2022. On the other hand, in February 2022, a growth of 300 tonnes was recorded from 11,300 tonnes in January 2022. The United States exported 9,990 tonnes of aluminium scrap to India in March 2022, which on a Y-o-Y calculation...
LME aluminium benchmark price slips by US$27/t to US$2,715/t; SHFE price falls by US$12/t
LME aluminium opened at US$2,787.5 per tonne on Tuesday and closed at US$2,786.5 per tonne, down US$2.5 per tonne or 0.09 per cent. On Tuesday, June 7, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$27 per tonne or 0.98 per cent to close at US$2,714 per tonne and US$2,715 per tonne. On the same day, 3-month bid price and 3-month offer price also witnessed a plunge by US$27.5 per tonne or 0.99 per cent and US$29 per tonne or 1.04 per cent to record at US$2,744.50 per tonne and US$2,745 per tonne. December 23 bid price and December 23 offer price went down by US$24 per tonne or 0.87 per cent to come in at US$2,708 per tonne and US$2,713 per tonne. LME aluminium opening stock closed at 441725 tonnes. Live warrants and Cancelled warrants halted at...
Loop Energy collaborates with Aluminium Revolutionary Chassis Company to enter the Australian bus market
Loop Energy, a designer and manufacturer of hydrogen fuel cell solutions, has reported that it will supply fuel cell modules to Aluminium Revolutionary Chassis Company (ARCC), the developer and manufacturer of Australia's first lightweight bolted aluminium city bus chassis, in the promising Australian bus market. ARCC is Loop Energy's first Australian customer, demonstrating the country's rising interest in hydrogen-electric cars as a means of meeting its emissions reduction goals. The first Fuel Cell bus will be unveiled by Loop Energy and ARCC at the Australia Bus & Coach Expo in October 2022. ARCC's 12.5-metre Viking Hydrolight city bus type will be equipped with Loop Energy's T600 (60 kW) fuel cell module, which is expected to enter service in 2023. ARCC's unusual lightweight chassis...
Traders in Southern Guangdong falsely duped by fake aluminium volumes
The incident in Guangdong's southern region, where many traders claimed that they were misled into extending a credit against fictitious quantities of aluminium, has stirred China’s metals market. As per the report, more than RMB 500 million ($75 million) may have been duped, secured by metal stocks kept in a warehouse in Foshan that proved out to be worth substantially less. The numbers mentioned are insignificant, especially in the context of China's aluminium market. Last year, China produced almost $100 billion in lightweight metal, which was used in everything from window frames to automotive parts. This incident is similar to the Qingdao scandal that had rocked China’s metal market eight years ago. Whether it's wheat, copper, or oil, commodity trading is often a high-volume,...
US aluminium scrap imports from Mexico escalate by 8.54% in 1Q2022; Imports in March rise by 21.63%
The United States aluminium scrap imports from Mexico in 1Q2022 halted at 348,000 tonnes, which on a Y-o-Y calculation recorded a hike of 62,000 tonnes or 8.54 per cent from 286,000 tonnes in 1Q2021. On an M-o-M comparison, the amount of aluminium scrap imported from Mexico by the United States in March 2022 recorded a surge of 3,700 tonnes or 21.63 per cent from 17,100 tonnes in February. In February, the amount of aluminium scrap imported from Mexico by the United States soared up by 1,700 tonnes or 11.03 per cent from 15,400 tonnes in January. Based on the data from USGS, in 4Q2021, the United States imported 153,600 tonnes of aluminium scrap from Mexico. In October, the amount of aluminium scrap exported by Mexico to the United States stopped at 17,800 tonnes which on an M-o-M...
Aluminium clad Silver Moon from WeeRoll, a cheap and durable recreational vehicle
Silver Moon by WeeRoll is a cost-effective and long-lasting alternative for those wishing to own a recreational vehicle (RV) and fulfil their dream of travelling around the globe. As per Autoevolution, the WeeRoll Silver Moon camper, which starts at a little under $15,000, is made up of aluminium. Aluminium is used in several parts of the vehicle, including the chassis, floors, doors, and roof, making it a durable camper at such a reasonable price. As per the data from WeeRoll, the Silver Moon recreational vehicle features an aluminium corrosion-resistant structure, which has fewer chances of holding rust or even rot. Other features which make it more reliable are the aluminium extruded flooring system, aluminium tread plate fenders with marker lights, aluminium hinges and bar locks,...
India won’t initiate countervailing duty on certain aluminium products from Malaysia
Following a complaint from the Indian aluminium industry, the commerce ministry's investigative arm, Directorate General of Trade Remedies (DGTR), undertook an examination into suspected export subsidies by Malaysia on 'aluminium primary foundry alloy ingot in various forms' and recommended enforcement of the tax on January 31 this year. After evaluating the final conclusions of DGTR, the central government has chosen not to accept its recommendations, said a Department of Revenue office memorandum. Domestic enterprises claimed in an application to the directorate that subsidised imports from Malaysia are causing them significant harm and demanded the introduction of countervailing tariffs on the imports. While the DGTR proposes the duty, it is up to the finance minister to decide whether...
