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.
South Africa’s M-o-M exports of aluminium plates, sheets and bars to US downgrade by 37.02% in Feb’22
According to the latest USGS statistics, in February 2022, the United States imported 4,270 tonnes of aluminium plates, sheets and bars from South Africa, which went on to nosedive by 2,510 tonnes or 37.02 percent from 6,780 tonnes in January 2022. However in January, there was a hike of 3050...
LME aluminium price climbs down by US$2.5/t to US$2,823/t; SHFE price surges by US$38/t
LME aluminium opened at US$2,867 per tonne last Friday and closed at US$2,868.5 per tonne, an increase of US$2.5 per tonne or 0.09 per cent. LME aluminium cash bid price and LME aluminium official settlement price settled at US$2,822.50 per tonne and US$2,823 per tonne, respectively, both...
Nordische Technologies and CIPET develops Aluminium-Graphene battery for gadgets and EV technologies
On Saturday, May 28, Nordische Technologies announced the development of the world’s first Aluminium-Graphene pouch cell battery in collaboration with the Central Institute of Petrochemicals Engineering and Technologies (CIPET). The Aluminium-Graphene cell battery will be used for consumer...
Primary aluminium weekly recap: EGA meets and greets global aluminium industry leaders to discuss decarbonising electricity generation; Aluminium association reports 5.3% growth in domestic aluminium demand in 1Q2022
The aluminium industry is slowly taking its step toward a greener and more sustainable environment. For example, to minimize greenhouse gas emissions, GE Power had signed a contract to upgrade Emirates Global Aluminium’s (EGA) Al Taweelah power plant gas turbines. This idea will assist the UAE to...
Shelby Cobra, 40th anniversary edition vintage car with handcrafted aluminium body up for auction
Shelby Cobra CSX4000 Series Roadster with a hand-crafted aluminium body will be up for auction next month. The sporty two-seater is based on a 1965 model, although it was created in the early 2000s to commemorate the Shelby Company’s 40th anniversary. The unusual automobile will be auctioned off by...
CNH Industrial takes over Speciality Enterprises, North America’s leading aluminium spray boom maker
Specialty Enterprises, North America's leading maker of aluminium spray booms for agricultural purposes, has been bought by CNH Industrial. According to Specialty, aluminium spray booms may be up to 50 per cent lighter than steel versions, weighing between 2,000 and 3,000 pounds less. This leads to...
US monthly aluminium plates, sheets and bars imports from Greece in February’22 reflect fluctuating movement
In February 2022, Greece exported 2,030 tonnes of aluminium plates, sheets and bars to the United States, which on an M-o-M scale dropped by 270 tonnes from 2,300 tonnes in January 2022. However, in January 2022, a surge of 100 tonnes or 4.54 per cent was recorded from 2,200 tonnes in December...
LME aluminium price climbs down by US$4/t to US$2,825.50/t; SHFE price surges by US$24/t
LME aluminium opened at US$2,875 per tonne on Thursday and closed at US$2,866 per tonne, down US$2 per tonne or 0.07 percent. On Thursday, May 26, both LME aluminium cash bid price and LME aluminium official settlement price moved down for the third day to settle at US$2,825 per tonne and...
Aluminium billet inventory in China slumps by 4.61% W-o-W to 130,100 tonnes
Aluminium billet inventory in China on May 26 has dropped by 6,300 tonnes or 4.61 percent W-o-W to total at 130,100 tonnes. In provinces like Foshan, Nanchang and Changzhou the inventory has fallen the highest. SMM will keep a close eye on whether demand recovers and whether the destocking trend...
Domestic aluminium demand in North America remains strong, up by 5.3% in 1Q2022
According to preliminary estimates released by the Aluminum Association, as part of its Aluminium Situation report, North American (U.S. and Canada) aluminium demand in the first quarter of 2022 (1Q2022) had increased by 5.3 percent. This comes after an expected 8.2 percent increase in demand...
Tiwai aluminium smelter’s clean-up and shut down cost doubles to $687 million
The money set aside by the owners of Tiwai Point aluminium smelter for the shutting and cleaning up of the smelter has nearly doubled to $687 million. The main reason for this price jump was to get rid of more than 200,000 tonnes of spent cell lining waste that contains cyanide and toxic fluoride...
LME aluminium price falls for the second day at US$2829.50/t; SHFE price declines by US$11/t
LME aluminium opened at US$2,889.5 per tonne on Wednesday and closed at US$2,868 per tonne, down US$9 per tonne or 0.31 per cent. On Wednesday, May 25, both LME aluminium cash bid price and LME aluminium official settlement price dropped for the second day by US$51.5 per tonne or 1.78 per cent to...
MetalX buys SRT Aluminum in Wabash, expands operation in northeast Indiana
MetalX, a scrap metal recycler based in Fort Wayne, Indiana, has decided to buy SRT Aluminum’s assets and operations in Wabash, Indiana. As per MetalX, the Wabash factory produces 75,000 tonnes of sow and ingot each year using electric induction and reverb furnaces. As a result of this agreement,...
European primary aluminium smelters continue to curtail production as energy cost rises
In the face of rising energy prices, Europe's major aluminium smelters are continuing to reduce output. Over the last year, the region's output of light metal has decreased by an annualised 550,000 tonnes, with the decline continuing. With European smelters already grappling with the rising...
US aluminium plates, sheets and bars imports from Japan in February’22 surge by 445.07% M-o-M
The amount of aluminium plates, sheets and bars imported from Japan by the United States in February 2022 soared up by 3,209 tonnes or 445.07 per cent M-o-M, from 721 tonnes in January 2022. The amount for February 2022 settled at 3,930 tonnes. However, in January, an M-o-M downfall of 4,349 tonnes...
Sandvik to acquire Preziss, a provider of aluminium and composite machining solutions
Sandvik has signed a deal to acquire Preziss, a cutting tool and solution provider for aluminium and composite machining, specialising in high-precision drilling, reaming, milling, and tooling systems located in Spain. Sandvik will boost its portfolio in the lightweight automotive components market...
CCT unveils aluminium lug jar lid at PLMA’s annual international trade show, first of its kind in Europe
Consumer Convenience Technologies (CCT) reported that the new aluminium lug jar lid of CCT’s EEASY Lid will be displayed to the European markets at the PLMA’s annual "World of Private Label" international trade show in Amsterdam on May 31-June 1. CCT’s unique EEASY Lid can be opened easily by...
Anderton Castings joins ASI as its new industrial user member
Anderton Castings, one of the leading providers of aluminium die-cast and machined components for the automobile industry, has joined Aluminium Stewardship Initiative (ASI) as its new industrial user member. Anderton manufactures aluminium components for the automotive, non-automotive and critical...
