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.
Novelis to build the largest aluminium rolling plant in US to serve the rising beverage cans market
On May 11, Novelis, a wholly-owned subsidiary of Aditya Birla Group firm Hindalco, announced a $2.5 billion investment in new low-carbon recycling and rolling factory in Bay Minette, Alabama. This state-of-the-art factory will be able to manufacture 600,000 tonnes of aluminium sheets per year. Site development is already underway, with commissioning expected to commence in mid-2025. Can producers will receive around two-thirds of the production, according to the business, including Colorado's Ball Corp., which distributes empty cans to the beverage sector. The plant's remaining capacity will be used to produce aluminium sheet for the car sector. The plant will be the first fully integrated aluminium mill developed in the United States in more than 40 years. It is intended to generate up...
US monthly aluminium crude metals and alloys imports from Australia in February’22 surge by 183.47%
As per the USGS data, US aluminium crude metals and alloys imports from Australia for February 2022 settled at 27,100 tonnes, which on a month-on-month scale surged by 17,540 tonnes or 183.47 percent from 9,560 tonnes in January 2022. On the other hand, for January 2022 a downfall of 46.88 percent or 8,440 tonnes was recorded on m-o-m basis from 18,000 tonnes in December 2021. The total amount of crude metals and alloys imported by the United States for February 2022 halted at 262,000 tonnes. However, on m-o-m scale, the quantity had dwindled by 81,000 tonnes or 23.61 percent from 343,000 tonnes in January 2022. A surge of 27,000 tonnes or 8.54 percent was recorded on a month-on-month forefront in January 2022 from 316,000 tonnes in December 2021. In all 3,630,000 tonnes of US aluminium...
Alumex PLC joins ASI as new production and transformation member
Alumex PLC has joined Aluminium Stewardship Initiative(ASI) as a new member in the Production and Transformation division. Sri Lanka's largest fully integrated manufacturer of aluminium extrusion profiles and worldwide proprietary technologies under licence is Alumex PLC. Since its inception in 1988, the firm has grown to include three extrusion lines, an anodizing line, three powder coating lines (one vertical), and an aluminium recycling plant spread over three manufacturing centres. Alumex uses these facilities to manufacture items under its own brand as well as for a few globally recognised proprietary brands. A unique portfolio and excellent product performance have led Alumex’s growing momentum in the worldwide markets. Alumex is regarded as a pioneer and trusted leader in the local...
_price_surges_by_RMB500_per_tonne,_AlCircle_News_1_0_0.jpeg)
China’s A00 aluminium ingot price hikes by RMB480/t; Aluminium alloy (A356) price surges by RMB500/t
On Wednesday, May 11, China’s A00 aluminium ingot price has surged by RMB 480 per tonne, after witnessing downfall since May 5, says SMM data. The price for today has been recorded at RMB 20,120 per tonne, with average price expected to range between RMB 20,100 per tonne and RMB 20,140 per tonne and spot contract to be traded at a discount price of RMB -50 to RMB -10 per tonne. For the same day, Foshan has witnessed the highest surge of RMB 510 per tonne to RMB 20,240 per tonne, followed by Wuxi, where the price has augmented by RMB 490 per tonne to RMB 20,130 per tonne. The price in Hangzhou and Chongqing has soared up by RMB 470 per tonne and RMB 480 per tonne to peg at RMB 20,180 per tonne and RMB 20,220 per tonne. In Shenyang and Tianjin the price has grown by RMB 410 per tonne and...
Hydro produces its first near-zero carbon aluminium at Clervaux made with 100% post-consumer scrap
Hydro produces 130 tonnes of CIRCAL 100R at its Clervaux, Luxembourg recycling factory, achieving its target of producing first net-zero carbon aluminium. The 130 tonnes of CIRCAL 100R is made using 100 percent post-consumer scrap. The company has achieved its objective of producing first commercial quantities of near-zero carbon aluminium, set at Capital Markets Day in December 2021. This production breakthrough is a substantial improvement, when compared to the present 2.3 kg CO2 per kg aluminium in Hydro CIRCAL extrusion ingot with 75 percent post-consumer aluminium scrap. “This is an important stepping-stone to commercialize near-zero carbon aluminium and is also a good test of our capabilities to produce recycled aluminium in other locations based on a similar scrap mix,“ said Trond...
China’s metallurgical-grade alumina output moves down by 2.2% M-o-M but up by 5.05% Y-o-Y
China’s alumina output in April 2022 (30 calendar days) settled at 6.397 million tonnes, including 6.201 million tonnes of metallurgical-grade alumina, says SMM data. Metallurgical-grade alumina output averaged 206,000 tonnes per day, down 2.2 per cent M-o-M but up by 5.05 per cent Y-o-Y. In April, the number of production days reduced by one day compared to the previous month, resulting in lower productivity in several sectors. The roasting of alumina factories in Luoyang was limited due to limitations of atmospheric environmental protection legislation. Furthermore, because Henan's local natural gas supply was limited in April, some businesses cut production, resulting in a drop in output. The output of Henan and Guizhou has decreased, mostly due to the fact that mine safety work in...
Pandemic in China affects M-o-M unwrought and semi-finished aluminium exports in April’22
Unwrought aluminium and aluminium semis exports were roughly 596,900 tonnes in April 2022, up 0.42 per cent M-o-M and 36.49 per cent Y-o- Y, finds the latest figures from the General Administration of Customs. On a Y-o-Y calculation, unwrought aluminium and aluminium semis export for January to April 2022 surged by 29.2 per cent for the same period last year. The amount for January to April 2022 settled at 2,225,200 tonnes. The SHFE and LME aluminium price ratio was somewhat mended in April, whereas local aluminium export profits contracted. Due to the pandemic and low transportation efficiency, the domestic aluminium export business got affected. As a result, overall aluminium exports in April did not considerably increase. Domestic and international aluminium prices both fell...
Hindalco Hirakud-FRP plant joins ASI as new production and transformation member
Aluminium Stewardship Initiative (ASI) welcomed Hindalco Industries Ltd (HIRAKUD FRP) as its new production and transformation member. The Hindalco Hirakud-FRP Plant (Flat Rolled Product), located in Sambalpur, Odisha, approximately 325 km from Bhubaneswar, houses one of the country's most advanced rolling mills. This factory, which covers 50 acres, was created in April 2009 after a collaborative review by Hindalco and Novelis teams. “Hindalco Industries ltd., Hirakud FRP, an Aditya Birla Group Company & a world class Flat Rolled Product manufacturing Facility on its way to achieve excellence in processes and sustainable products to create value to its stake holders” said Mr Sudarsan Dutta, Head Quality, Hirakud FRP Plant. In September 2009, the initiative received management approval....
Egyptalum enters profitability in the first 9 months of FY 2021-22
On May 8th, Egypt Aluminum (Egyptalum), the largest aluminium producer in Egypt and one of the largest in Africa reported that it had become profitable for the first nine months of the company's fiscal year (FY) 2021 to 2022. The Egyptian financial year runs from 1st July to 30th June. The corporation achieved a net profit after tax of EGP 1.68 billion in the nine months ended March 31st, compared to a net loss of EGP 347.72 million in the same period of FY 2020 to 2021. The report was shared in an unaudited financial income statement filed with the Egyptian Exchange (EGX). During the period from July 1st 2021 until March 31st 2022, the company's revenue grew to EGP 10.76 billion from EGP 8.14 billion in the same period of FY 2020 to 2021. The firm had a net profit after tax of EGP...
TANSIDCO planning to set up aluminium die-casting facility at Chinnavedampatti
An aluminium high pressure die casting common facility centre (CFC) is planned for construction at Chinnavedampatti, by the Tamil Nadu Small Industries Development Corporation (TANSIDCO). The estimated cost for the same is expected to be 5.8 crores and will be deployed as part of the state government's common production infrastructure (CPI) programme. Chinnavedampatti is a suburb of Coimbatore in Tamil Nadu, India. Alanz Die Casting Private Limited, the company floated for the project stated that this project will assist micro-units that are unable to take orders directly from tier-one and tier-two automobile manufacturers due to a lack of infrastructure. This facility is expected to have a hydraulic die casting machine, trimming press, and an electric furnace. The cluster's detailed...
United States monthly aluminium scrap imports from Mexico for February’22 shows continuous growth
As per the USGS data, US aluminium scrap imports from Mexico for February 2022 closed at 17,100 tonnes, which on a month-on-month calculation surged by 1,700 tonnes or 11.03 per cent from 15,400 tonnes in January 2022. For January 2022, a growth of 700 tonnes or 4.76 per cent was recorded on an m-o-m basis from 14,700 tonnes in December 2021. The total amount of aluminium scrap imported by the US for February 2022 halted at 46,200 tonnes. However, on a month-on-month scale, the quantity for February 2022 had decreased by 500 tonnes or 1.07 per cent from 46,700 tonnes in January 2022. A slump of 1,700 tonnes or 3.51 per cent was recorded on a month-on-month forefront in January 2022 from 48,400 tonnes in December 2021. In all 680,000 tonnes of aluminium scrap were imported by the United...
China’s A00 aluminium ingot price nosedives by RMB520/t; Aluminium alloy (A356) price plunges by RMB500/t
China’s A00 aluminium ingot price has closed at RMB 19,780 per tonne, after witnessing a plunge of RMB 520 per tonne. The average price for today is expected to range between RMB 19,760 per tonne and RMB 19,800 per tonne, with spot contract to be traded at a discount price of RMB -50 to RMB -10 per tonne. As per SMM, the price in Wuxi and Hangzhou has plummeted by RMB 520 per tonne to halt at RMB 19,780 per tonne and RMB 19,850 per tonne, respectively. On the same day in Chongqing and Tianjin, the price closed at RMB 19,830 per tonne. The price for the same has slumped by RMB 540 per tonne in Chongqing and RMB 520 per tonne in Tianjin. The A00 aluminium ingot price in Gongyi and Foshan has declined by RMB 530 per tonne and RMB 490 per tonne to stop at RMB 19,870 per tonne and RMB 19,840...
Primarily aluminium weekly recap: Rusal sanctions would unsettle aluminium market, Rio Tinto acknowledges; Hydro reports profitable 1Q2022, with adjusted EBIDTA closing at NOK 11,165 million
The primary aluminium industry had witnessed a plunge in LME aluminium price by US$127.5 per tonne to close at US$2,911.50 per tonne on Tuesday, May 3, which increased by 0.60 percent or US$17.50 per tonne to settle at US$2,929 per tonne on Wednesday, May 4. The official settlement price for Thursday, May 5 had declined by 0.41 percent or US$12 per tonne to halt at US$2,917 per tonne. Apart from this, the price of A00 aluminium ingot had decreased from RMB 20,720 per tonne to RMB 20,300 per tonne. Hydro's adjusted EBITDA increased from NOK 9,011 million in Q4 to NOK 11,165 million in the first quarter of 2022, according to reports. Rio Tinto, an Anglo-Australian mining and metals conglomerate, indicated on May 5, 2022 that any sanctions imposed on Russian aluminium producer Rusal in...
Dharmendra Pradhan in talks with Prahlad Joshi for transfer of aluminium over trucks
Shri Dharmendra Pradhan, India's Union Minister in conversation with Cabinet colleague and Coal Minister Pralhad Joshi, on Thursday, May 5, requested the centres' involvement in the transfer of aluminium through trucks in Angul and Kulad. He made Joshi familiar with the problems faced by the truckers' association in the two areas and also discussed the expansion of the Nalco’s aluminium smelting plant at Angul. During the meeting, Pradhan talked about many coal-related challenges that the state is facing. He also demanded suggestions of the state’s high-level committee for a significant increase in the daily salaries of contract miners in the state be implemented. Pradhan desired the Mines Minister's personal involvement in assuring the development of Odisha's people. Joshi informed...
China’s aluminium billet inventory augments by 22,700 tonnes W-o-W to 128,600 tonnes
China’s domestic aluminium billet inventory heightened by 22,700 tonnes or 21.45 percent W-o-W to stop at 128,600 tonnes, as of May 5, 2022. Because of the pandemic's ongoing interruption of consumption, downstream purchasers have become increasingly cautious. However, when aluminium prices fall below 20,000 tonnes, demand may increase. After stockpiles are digested, buyers will refill, easing inventory pressure. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan hiked by 25,000 tonnes to score at 70,500 tonnes, followed by a decline of 4,880 tonnes to stop at 22,900 tonnes. Inventory in Foshan rose due to large arrivals from Yunnan over the holiday season and slow trading. Due to the resurgence of the...
China’s A00 aluminium ingot price dwindles by RMB420/t; Aluminium alloy (A356) price slumps by RMB400/t
As per Shanghai Metals Market (SMM), China’s A00 aluminium ingot price has declined by RMB 420 per tonne to score at RMB 20,300 per tonne. The average price for the same is expected to range between RMB 20,280 per tonne and RMB 20,320 per tonne, with spot contract to be traded at a discount price of RMB -60 to RMB -20 per tonne. The price in Hangzhou and Chongqing has also witnessed downfall by RMB 420 per tonne and RMB 360 per tonne to peg at RMB 20,370 per tonne, respectively. For the same day in Shenyang and Tianjin, the price has closed at RMB 20,350 per tonne, after recording a plunge of RMB 370 per tonne and RMB 420 per tonne. In Linyi the price has dwindled by RMB 400 per tonne to settle at RMB 20,450 per tonne. The A00 aluminium ingot price in Gongyi and Foshan has also gone down...
ALUMIL recognized with Cradle to Cradle certification, the first Greek company of architectural aluminium systems
ALUMIL is the first Greek company to receive the international Cradle to Cradle (C2C) certification for the sustainability of its products. ALUMIL's Cradle to Cradle accreditation offers new opportunities for involvement in projects that adhere to sustainable building and Bioclimatic Architecture principles, resulting in green structures with great energy efficiency. Apart from the C2C accreditation, ALUMIL’s achievements include significant investments in the production of green recycled aluminium, the EPDs (Environmental Product Declarations) for integrated architectural systems, and the honorary distinction "Most Sustainable Company in Greece 2022" as a company representing the sustainable development model. ALUMIL's efforts and measures to solidify a company strategy connected with...
Canada’s M-o-M exports of aluminium plates, sheets and bars surge by 2.06% to 19,800 tonnes
Canada’s exports of aluminium plates, sheets and bars to the United States for February 2022 closed at 19,800 tonnes, following a month-on-month increase of 400 tonnes or 2.06 per cent from 19,400 tonnes in January 2022. On a month-on-month basis, a growth of 300 tonnes or 1.57 per cent was recorded in January from 19,100 tonnes in December 2021. As per the USGS data, the total amount of aluminium plates, sheets and bars imported by the United States for February 2022 settled at 33,100 tonnes, which on a month-on-month scale showed no change to close at 33,100 tonnes for January 2022. A decline of 7,400 tonnes or 18.27 per cent was recorded in January on a month-on-month scale from 40,500 tonnes in December 2021. For the entire year 2021, a total of 626,000 tonnes of aluminium plates,...
