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.
Vestre's new furniture factory will use low carbon aluminium 'CIRCAL' from Hydro
Vestre is now building The Plus, the world's most ecologically friendly furniture factory, near Magnor, Norway. The project has received over 23 tonnes of Hydro CIRCAL low-carbon aluminium. When compared to equivalent traditional manufacturing buildings, the Plus intends to save at least 90% on...
Primary aluminium weekly recap: RUSAL reveals its 2021 sustainability report, with special attention on 'Human Focus'; Alba expands its presence in the Asia-Pacific region
The main attraction for this week’s global primary aluminium segment was RUSAL’s sustainability report. RUSAL, one of the world's largest aluminium manufacturers, released its 2021 annual sustainability report with special attention on ‘Human Focus.’ The report highlights RUSAL’s commitment towards...
Alcoa provides Hellenic Cables with low-carbon EcoLum™ aluminium to assist in the growth of renewable energy infrastructure
Hellenic Cables S.A., one of Europe's major cable makers with a significant presence in renewable energy transmission and distribution, received low-carbon EcoLum™ aluminium from Alcoa Corporation. The EcoLum brand is part of Alcoa's Sustana™ family of low-carbon goods and has a carbon footprint of...
Hindalco up its aluminium wire rod price cut rate to 3.8% on June 2
Hindalco Industries Limited’s aluminium products and aluminium ingot prices saw back-to-back cuts in past two days on June 1 and June 2. As per the data revealed by the company, Hindalco’s aluminium wire rod price underwent a slash of INR 10,000 per tonne or 3.79 per cent on June 2 to total INR...
Turkey’s export of aluminium plates, sheets and bars to the US surge by 8.20% M-o-M in February’22
In February 2022, the United States imported 4,350 tonnes of aluminium plates, sheets and bars from Turkey, found the US Geological Survey (USGS). On a month-on-month basis, a hike of 330 tonnes or 8.20 per cent was witnessed from 4,020 tonnes in January 2022, which went on to decline by 70 tonnes...
Guangyuan Linfeng Aluminum & Electricity joins ASI as new production and transformation member
Guangyuan Linfeng Aluminum & Electricity Co., LTD joined ASI as its new production and transformation member. Guangyuan Linfeng Aluminum & Electricity Co., LTD., founded in December 2018, is located in Guangyuan Economic and Technological Development Zone's Yuanjiaba Industrial Park. With an annual...
China’s aluminium billet inventory plunges by 3,000 tonnes W-o-W to close at 127,100 tonnes
China’s aluminium billet inventory has plunged by 3,000 tonnes W-o-W to settle at 127,100 tonnes. Yesterday, downstream purchases were bolstered by the sharp fall in aluminium prices and the forthcoming Dragon Boat Festival. Overall, downstream consumption has rebounded, and the market is confident...
Festo to provide PM Metal with aluminium tubing for use in welding cells
Festo, a leading German industrial control and automation firm headquartered in Esslingen am Neckar, is providing PM Metal with new welding cells made up of aluminium as a retrofit to use in the existing systems. As per the company, the tubing provides a weld-spatter-resistant alternative to...
Vedanta’s Jharsuguda aluminium smelter receives 27 electric forklifts
In partnership with GEAR India (Gemini Equipment and Rentals Private Limited), Vedanta Aluminium, one of the largest producers of aluminium in India, stated that it has put in place India’s largest electric fleet of 27 forklifts at its Jharsuguda aluminium smelter in Odisha, which is the world's...
LME aluminium price plummets by US$115/t to US$2701.50/t; SHFE price ascends by US$35/t
LME aluminium opened at US$2,792.5 per tonne on Wednesday and closed at US$2,724 per tonne, down US$65 per tonne or 2.23 percent. On Wednesday, June 1, both LME aluminium cash bid price and LME aluminium official settlement price plummeted by US$115 per tonne or 4.08 percent to close at US$2,701...
RUSAL reveals its 2021 sustainability report, with special attention on 'Human Focus'
RUSAL, one of the leading global aluminium producers, has published its annual sustainability report for 2021. The subject title of the report is "Human focus.” RUSAL has been identifying goals for further ESG business transformation over the last year after the announcement of a strategy to...
US aluminium plates, sheets and bars imports from Germany surge by 4.83% M-o-M in February’22
As per the latest USGS data, the United States imported 2,170 tonnes of aluminium plates, sheets and bars from German in February 2022. On an M-o-M scale, a surge of 100 tonnes or 4.83 per cent was recorded in February, from 2070 tonnes in January 2022. On the other hand in January, the amount of...
Every Can Count research shows 93% of the UK population desire companies to improve the recyclability of packaging
Nearly nine out of ten (93 per cent) of UK adults want businesses to do more to protect the environment, with the primary responsibility being on businesses to improve their packaging's recyclability. According to a recent study from Every Can Counts, 90 per cent of UK adults believe that companies...
Capral Aluminium pledges to achieve net zero emission by 2050
Capral Aluminium has pledged to achieve net-zero emissions by 2050. In order to make this happen, Capral will have to achieve net-zero emissions in Scope 1 and Scope 2, with the support of new and breakthrough technological alternatives. The scientific community has said unequivocally that net-zero...
Hindalco wants to expand its downstream segment by bringing Novelis to India
Hindalco Industries, an Aditya Birla Group company, recorded a historic profit of INR 13,370 crore in FY2022. The company has decided to expand its downstream segment with the aim of bringing Novelis (the world's largest aluminium firm) in India by reinvesting the profits for the same. This year,...
Hindalco’s aluminium wire rod and billets prices escalate by INR2750/t after back-to-back cuts
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices this week, which, as per the data, has been ascended after back-to-back cuts on May 25 and May 26. With effect from May 31, Hindalco has increased its aluminium wire rod price by INR 2,750 per tonne to INR...
LME aluminium price grows by US$40/t to US$2863/t; SHFE price slips by US$8/t
LME aluminium opened at US$2,885 per tonne on Monday and closed at US$2,880 per tonne, an increase of US$11.5 per tonne or 0.4 per cent. On Monday, May 30, LME aluminium cash bid price and LME aluminium official settlement price settled at US$2,862 per tonne and US$2,863 per tonne, after witnessing...
Exco Technologies Limited records 60.5% hike in its short interest
Ontario, Canada based Exco Technologies Limited witnessed a significant increase in its short interest, with the total amounting to 111,400 shares as of May 15, up by 60.5 per cent from 69,400 shares recorded on April 30. The days-to-cover ratio is now 222.8 days, based on an average trading volume...
