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.
China’s A00 aluminium ingot price slips by RMB40/t; Aluminium alloy (A356) price falls by RMB50/t
China’s A00 aluminium ingot price has slipped by RMB 40 per tonne on Friday, April 29, after witnessing a hike the previous day, found the SMM. The price for Friday, April 29 closed at RMB 20,810 per tonne, with average prices likely to range between RMB 20,790 per tonne and RMB 20,830 per tonne. The spot contract for today is likely to be traded at a discount price of RMB -60 to RMB-20 per tonne. In Tianjin the price has augmented by RMB 1010 per tonne to record at RMB 21,840 per tonne. For the same day in Linyi, the price climbed up by RMB 10 per tonne to settle at RMB 21,010 per tonne. Amidst the increase in A00 aluminium ingot prices, province like Gongyi and Chongqing witnessed a slump of RMB 20 per tonne. The price for the same has been recorded at at RMB 21,070 per tonne and RMB...
UK's aluminium packaging recycling rate creates a new benchmark in 2021: Alupro
The United Kingdom’s aluminium packaging recycling rate reached a new high of 68 percent in 2021, with more than 156,000 tonnes collected for recycling (a 3 percent rise year-on-year). More over four out of every five beverage cans (82 percent) were recycled last year, matching the previous high of 2020. “It’s pleasing news indeed to report yet another record-breaking year for aluminium packaging recycling. While the total UK market size grew, recycling rates kept pace. More importantly still, the vast majority of material was collected through kerbside, bring and on-the-go systems, which maximised the potential for closed-loop recycling,” said Alupro’s executive director, Tom Giddings. Despite a rising domestic market, the amount of aluminium packaging collected through kerbside, carry,...
Assets of former aluminium plant Orthios up for sale
Following the failure of Orthios, the massive former aluminium plant at Holyhead, and multi-million-pound recycling equipment, are up for sale. The joint administrators have put up for sale the assets of Orthios (Anglesey) Technologies Limited and its subsidiaries, Orthios Feedstock (Anglesey) Limited and Orthios Otech 5 Limited. The 230-acre land can be purchased independently or as part of a package with the assets. After smelting ceased in 2009, Orthios formally took over the Anglesey Aluminium plant in Holyhead in 2016. It established a materials recycling facility (MRF) and was working on a Plastics-to-Oil (P-2-O) unit at the time. “This is a rare chance to acquire a valuable and near-complete green technology asset. Although further investment is required to complete the facility,...
A00 aluminium ingot price in China slips by RMB10/t; Caustic soda price in Shandong drops by RMB30/t
On Wednesday, April 27, China’s A00 aluminium ingot price has closed at RMB 20,730 per tonne, after witnessing a decrease of RMB 10 per tonne. The average price for the same is expected to hover between RMB 20,710 per tonne and RMB 20,750 per tonne. For today the spot contract is likely to be traded at a discounted price of RMB -50 to RMB -10 per tonne. Fears over Covid Zero's economic impact have shaken financial markets, which are yearning for further policy help. President Xi Jinping of China called for all-out efforts to boost infrastructure expenditure on Wednesday. Even so, it's possible it won't be enough to lift metal. It may remain at current low levels due to a "mismatch" in China's demand and supply of the metal, according to Huatai Futures in a note released on Wednesday....
Round Bottom Recycling marked Earth Day by offering US$1 for aluminium can recycling
On April 22, Round Bottom Recycling in Milford US was giving US$1 per pound in return of cans that were ready for recycling. This was an Earth Day deal offering consumers nearly double the prevailing cost for aluminium cans. Round bottom employee Lonnie Wilson recalled that the last time the company provided as much money for cans was in 2012, when more than 330 customers cashed in on their cans in one day. “We’re all in a good market right now. The economy is needing aluminum, copper, brass to rebuild the world to recycle and Earth Day is the biggest recycling day of the year,” said Wilson. Owner Zach Moore had stated that business on Earth Day was quite full as customers were receiving good amount for every type of metals they were bringing. Moore will go back to offering 60 cents per...
CME Group’s aluminium option contract to debut on May 23
On Tuesday, April 26, CME group, the world’s biggest derivatives marketplace announced that it will debut an option contract on its physically-delivered aluminium features on May 23. The new aluminium option contract will be listed on COMEX and will be governed by its regulations. "Our new option contract is the latest example of CME Group's decade-long track record of helping the aluminum community to manage risk as their needs evolve. Clients are increasingly turning to our Aluminum markets, with a record 4,888 Aluminum futures contracts traded on April 19 and average daily volume in April currently around 1,300 contracts, up over 100% from last year. We look forward to continuing to work with our clients and the industry to provide enhanced solutions across this important global...
Rio Tinto and Innord Inc. come together for developing bauxite residues iron phase product
Rio Tinto Plc has agreed to enter into a development agreement for bauxite residues iron phase product with Innord Inc., a wholly-owned subsidiary of Geomega Resources Inc. As part of the agreement, Rio Tinto will pay Innord US$1 million to complete the requisite proof of concept work and the following small scale locked cycle pilot plant at its Boucherville, Quebec facilities as part of the deal. Rio Tinto and Innord have agreed to evaluate various opportunities to monetize the iron compounds produced by Innord's Bauxite Residues Technology (IBRT). A US$4 million pilot plant and feasibility study of a sustainable and complete valorization of bauxite residues were also announced. As part of the project, Innord has agreed to develop and test an extension technology to IBRT over the next 12...
Ball Aluminum Cup™ honoured with 2022 Edison Award for its sustainable solutions
The Ball Aluminum Cup™ was recognised a Gold winner by the 2022 Edison Awards on Monday, April 25, for providing customers with sustainable solutions. The renowned Edison Awards, which were established in 1987, reward and nurture invention and innovators that have a beneficial influence on the globe. "We're thrilled that the infinitely recyclable Ball Aluminum Cup has been recognized by the Edison Awards as a sustainable consumer solution,” said Dan Fisher, President and CEO-elect of Ball. Receiving an Edison Award has become one of the most prestigious honours in the field of innovation. Expert reviewers from all over the world chose the Ball Aluminum Cup as the winner after weighing in on more than 350 nominees. “This recognition affirms the Ball Aluminum Cup's position as both a leader...
A3 surfaces receives $4 million to commercialize its antimicrobial anodized aluminium technology
A fresh round of funding worth $4 million will help A3 Surfaces commercialise antimicrobial anodized aluminium, a unique technology created by the Saguenay-based business. The Québec government provided A3 Surfaces with a $2 million loan as part of this new round of funding to help the company commercialise its aluminium anodizing technology. Desjardins Capital has pledged a $1 million contribution. In addition, $1 million has been invested by stockholders. The announcement was made on Friday, April 22, in the presence of the Québec government and Desjardin Capital Pierre Fitzgibbon, Minister of Economy and Innovation and Minister responsible for Regional Economic Development, Andrée Laforest, Minister of Municipal Affairs and Housing and Minister responsible for the...
China’s pandemic situation causes operating rates of aluminium producers fall by 64.5%
As per the reports from SMM, the average operating rate of major aluminium processing companies fell 3.3 percent to 64.5 percent last week (April 18 to April 22). Except for a modest gain in the aluminium wire and cable sector and constant operating rates in the aluminium plate, sheet, and strip sector, all other sectors' operating rates have decreased to varying degrees. The present epidemic continues to place a strain on downstream production. The market must continue to monitor the impact of the pandemic on corporate transportation in various locations. If the pandemic subsides, downstream consumption is projected to revive swiftly, and business output will increase dramatically. From April 18 to April 22, the alloy and aluminium extrusion industries' operating rates dropped the...
China’s March bauxite import crosses 10 million tonnes, surging by 13.58% M-o-M
China’s bauxite import for March 2022 witnessed M-o-M hike of 13.58 percent and 15.79 percent Y-o-Y, says the customs data. In total, China imported 11.7 million tonnes of bauxite in March. For the same month, Australia imported a total of 2.95 million tonnes, rising by 15.62 percent M-o-M but down by 4.64 percent Y-o-Y. Imports from Guinea settled at 6.18 million tonnes, which experienced a surge of 2.89 percent M-o-M, but down by 7.83 percent Y-o-Y. Indonesia’s imports for March were pegged at 2.48 million tonnes, which went on to reflect a surge of 45.22 percent M-o-M, followed by a Y-o-Y surge of 104.75 percent. Bauxite was first imported into China from Montenegro and Iran. In Q1, China bought 32.7 million tonnes of bauxite, up 20 percent year on year. Imports from Australia were...
A00 aluminium ingot price in China falls by RMB850/t; Australian alumina FOB price inches down by US$1/t
On March 25, Monday, China’s A00 aluminium ingot price has settled at RMB 20,950 per tonne after witnessing a drop of RMB 850 per tonne, found the Shanghai Metals Market. The average price for the same day is expected to orbit between RMB 20,930 per tonne and RMB 20,970 per tonne, with spot contract to be traded at a discount price of RMB -70 to RMB -30 per tonne. The price in Gongyi and Shenyang has also descended by RMB 780 per tonne to stop at RMB 21,080 per tonne and RMB 21,040 per tonne. As of today, the price in Foshan and Wuxi has been recorded at RMB 21,080 per tonne and RMB 20,950 per tonne, after witnessing a slump of RMB 860 per tonne and RMB 840 per tonne. As per the SMM data, the price in Hangzhou and Chongqing has plummeted by RMB 850 per tonne and RMB 870 per tonne to peg...
Alumina weekly recap: China's alumina shipment to Russia in March spurts up due to Western-led sanctions; Alba receives RoSPA award for outstanding ‘Safety and Health’ standards
The after effects of Russia-Ukraine crisis can still be felt in the global alumina industry. To begin with, as per customs figures released on Wednesday, April 20, China's alumina export to Russia had increased by more than 90 times in March compared to the same month a year ago, as Western-led sanctions had cut off some of its usual supply. The global alumina market is expected to be in a state of flux in the second quarter (Q2) of 2022, as the fallout from the Russia-Ukraine war, as well as a bevy of other interrelated factors, threaten to disrupt supply and demand fundamentals. However on the other, the news of Alba receiving the Royal Society for the Prevention of Accidents (RoSPA) Gold Medal Award for maintaining a good safety and health record in fiscal year 2021, shows the care and...
Recycling facilities in south-eastern Wisconsin paying more for aluminium cans
Aluminium cans are being paid more at recycling facilities in south-eastern Wisconsin, giving customers an opportunity to profit from the increased demand. Hector Garcia and his colleagues had their hands full sorting cans at All Scrap Metal Recycling in Milwaukee on Friday, April 22. As per Gracia, the cost per can was 60-65 cents a pound a year ago, which has now become around 80 cents. “Been around this for a while, so I’m pretty used to it, the silver lining is we actually pay money for this. My personal opinion is the war in Russia I think a lot has to do with that. The demand is there across the nation, so I think supply and demand is what it is,” added Gracia. Alexandra's firm is giving away free trees to anyone who recycles cans as demand grows. Just last week, the facility...
Fire at Imperial Aluminum plant injures one worker
A fire at the Imperial Aluminum plant in Minerva, Ohio, some 75 miles from Cleveland, had caused significant damage and serious injuries to a worker there. The incident happened on Wednesday, April 20. According to Capt. Mike Hutson of the Sandy Creek Joint Fire District, the victim was working with machinery when water came into touch with a byproduct of smelted aluminium, producing an explosion. When firemen arrived at around 2:54 a.m., about 25 to 30 workers were standing outside. As doctors transported the seriously injured person to Aultman Hospital in Canton, firefighters began battling the blaze, according to Hutson. He explained that the firm smelts aluminium into ingots, which are subsequently exported overseas. According to Hutson, the event damaged the metal building's ceiling...
Recycled aluminium weekly recap: Ball Aluminum Cup composed of 90% recycled content; Anheuser-Busch launches programme for recycling awareness
Among the significant events in the global aluminium recycling business that we've seen this week, one is the news of Ball Corporation creating 90 percent recycled contents. Also, the news of Hawaiian Airlines, the largest operator of commercial flights to and from the Hawaiian Islands in the United States, using recyclable aluminium water bottles in place of plastic bottles, clearly shows that the industry is slowly shifting towards a more sustainable approach. Aluminium recycling has a number of significant environmental and economic benefits. Hydro has started construction of a state-of-the-art aluminium recycling mill in Cassopolis, Michigan. With a crew of roughly 70 persons, production will commence in 2023. Apart from this, Major League Baseball (MLB) and National Football League...
Aluminium billet inventory in China plummets by 11.37% W-o-W to 119,100 tonnes
On Thursday, April 21, China’s aluminium billet inventories plunged by 11.37 percent W-o-W to stop at 119,100 tonnes. East China's transportation efficiency is unlikely to increase considerably in the near future, keeping stocks relatively steady. The peak season in south China drove destocking. As downstream purchasers stock up for the impending Labour Day vacation, overall inventories are projected to continue to drop. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan the inventory plunged by 18,900 tonnes to come in at 44,500 tonnes. For the same day in Wuxi the inventory had fallen by 1,200 tonnes to stop at 38,300 tonnes. In Changzhou the inventory slumped by 1,900 tonnes to total at 12,600 tonnes. In Huzhou the...
US aluminium plates, sheets and bars import for January’22 hikes by 33.17% Y-o-Y
In January 2022 a total of 112,000 tonnes of aluminium plates, sheets and bars was imported to the United States. On a month-on-month scale a growth of 3,000 tonnes or 2.75 percent was witnessed. As per the USGS data, for December 2021 the total amount of aluminium plates, sheets and bars imported to the US stopped at 109,000 tonnes, which was followed by a month-on-month plunge of 10,000 tonnes or 8.40 percent from 119,000 tonnes in November 2021. In January 2022 the total amount of aluminium plates, sheets and bars imported to the United States was recorded at 112,000 tonnes, which on a year-on-year calculation augmented by 27,900 tonnes or 33.17 percent from 84,100 tonnes in January 2021. For the complete year of 2021, the total amount of aluminium plates, sheets and bars imported to...
