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 surges by RMB470/t; Aluminium alloy (A356) price grows by RMB450/t
According to the Shanghai Metals Market, A00 aluminium ingot price has opened the week on Monday with a surge of RMB 470 per tonne to settle at RMB 22,990 per tonne. The average prices are expected to hover between RMB 22,970 per tonne and RMB 23,010 per tonne, with spot contract to be traded at a...
Boeing, MT Aerospace accorded to supply structural components for NASA’s Space Launch System
The American multinational corporation that designs, manufactures, and sells aeroplanes, rotorcraft, rockets, satellites, telecommunications equipment and missiles worldwide, Boeing and MT Aerospace AG, a subsidiary of OHB SE, have consented to deliver structural components for NASA's Space Launch...
Downstream products weekly recap: Speira picks Wipro as technology partner; Gränges sustainability progress attained competent breakthrough in 2021
Compared to the last week, this week the downstream sector of the aluminium industry witnessed much low incidental happenings. From the market point of view, there had been repeated decline in price. From aluminium billet to Hindalco price, the prices recorded had witnessed a significant drop, the...
Trimet Aluminium to halve output in Essen due to surge in energy prices
The German aluminium manufacturer, Trimet which designs, manufacturers, recycles, casts and distributes contemporary light-metal goods made of aluminium at eight locations have planned to axe production at its main facility in the city of Essen by half. According to CEO Philipp Schlueter, Trimet...
Mercedes-Benz not restricted to usage of low-carbon steel, incorporates recycled aluminium in the supply chain
The German luxury automotive brand, Mercedes-Benz is focused to raise a fleet of carbon-neutral passenger vehicles by 2039 and to do so, it projects to use an average of 40% recycled materials in its vehicles. Markus Schäfer, the CTO for development and procurement at Mercedes-Benz said, “Our...
LME aluminium price drops by US$18/t to US$3,288/t; SHFE price continues to ascend by US$68/t
LME aluminium opened at US$3,250 per tonne on Thursday, touching the highest and lowest at US$3,409 per tonne and US$3,250 per tonne respectively, and closed at US$3,383 per tonne, up US$117.5 per tonne or 3.6%. Following a hike in price on Wednesday, March 16, both LME aluminium cash bid price and...
China’s billet inventories plummet by 8.84% W-o-W to 190,000t due to on-demand downstream buyers
On Thursday, March 17, China’s aluminium billet inventory has nosedived by 18,400 tonnes or 8.84 percent week-on-week, as the stockpile of aluminium billets continued to fall due to on-demand downstream purchase. As a result, the inventory has been registered at 190,000 tonnes. Due to fewer...
Lunar recycling- the next big step for recovering aluminium on the moon
Space specialists believe that there are approximately 100 million pieces of space trash orbiting the Earth, weighing around 8,000 tonnes, the majority of which is satellite and rocket debris. Not all space junk floats around in space. Approximately 200,000kg of space trash is believed to be on the...
Canada’s aluminium plates, sheets and bars exports to US record sporadic rise in H2 2021
In December 2021, Canada exported 16,700 tonnes of aluminium plates, sheets and bars to the United States, declining sharply by 3,400 tonnes or 16.91% from 20,100 tonnes in November. However in November 2021, the amount of aluminium plates, sheets and bars exported by Canada to the US closed at...
China’s A00 aluminium ingot price gains RMB310/t as stimulus pledge boosts investors’ confidence
According to the Shanghai Metals Market, the A00 aluminium ingot price has elevated by RMB 310 per tonne to total at RMB 22,080 per tonne as stimulus pledge boosted investors confidence. The average prices for the same is expected to hover between RMB 22,060 per tonne and RMB 22, 100 per tonne with...
AMAG using additive manufacturing for the aerospace industry since 2018
AMAG, one of the biggest manufacturers and processors of aluminium in Austria, had been associated with aerospace component manufacturing through acquisition for 1.5 years. AMAG components, which has locations in Übersee am Chiemsee and Karlsruhe, was recently bought in its entirety and is a proven...
Mexico’s Q-o-Q aluminium scrap imports from US decline in Q4 by 3.38%
The total amount of aluminium scrap imported from the United States by Mexico in the fourth quarter (Q4) of 2021 closed at 45,100 tonnes. On a Q-o-Q comparison, there was a downfall of 1,400 tonnes or 3.38% from 41,400 tonnes in Q3’21. In December 2021, Mexico imported 11,700 tonnes of aluminium...
LME aluminium price drifts lower by US$181.5/t to US$3217.50/t; SHFE price steps up by US$14/t
LME aluminium opened at US$3,315 per tonne on Tuesday and closed at US$3,299 per tonne, down US$16 per tonne or 0.48%. As supply was interrupted by the increased Russia-Ukraine conflict, aluminium prices had reached a new high at around US$4,000 per tonne in early March. However, going by the...
Rio Tinto plans to adopt renewable hydrogen for decarbonizing alumina refining
The Australian Renewable Energy Agency (ARENA) has awarded up to $579,786 in funding to Rio Tinto on behalf of the Australian government to conduct a feasibility study looking at the possibility of partially decarbonizing its alumina refining processes using renewable hydrogen. Natural gas is used...
US aluminium crude metals and alloys imports from Bahrain hike 21.81% M-o-M in Dec’21, leading to a Q-o-Q rise of 232.70%
In December 2021, US imported 29,600 tonnes of crude metals and alloys from Bahrain, a hike of 5,300 tonnes or 21.81% month-on-month. Imports of US aluminium crude metals and alloys from Bahrain for November 2021 closed at 24,300 tonnes, up 7,100 tonnes or 41.27% from 17,200 tonnes in October 2021....
China's A00 aluminium ingot price plummets by RMB170/t to RMB21730/t, aluminium alloy (A356) price plunges by RMB200/t
On Tuesday, March 15, A00 aluminium ingot price in China has fallen sharply by RMB 170 per tonne to peg at RMB 21,730 per tonne finds the Shanghai Metals Market. The average price for the same is likely to hover between RMB 21,710 per tonne and RMB 21,750 per tonne, with spot contract to be traded...
US aluminium scrap exports to Thailand surge by 51.37% in Q4’21 after two back-to-back quarterly plunge
In December 2021, US exported 8,980 tonnes of aluminium scrap to Thailand. On a month-on-month forefront a drop of 630 tonnes or 6.55% was recorded. In November 2021, 9,610 tonnes of aluminium scrap was exported to Thailand from the United States, heightened by 5,130 tonnes from 4,480 tonnes in...
LME aluminium price dwindles by US$63/t to US$3,472/t; SHFE price dips by US$7/t
LME aluminium opened at US$3,400 per tonne last Friday and closed at US$3,480 per tonne, an increase of US$80 per tonne or 2.35%. On Friday, March 11, LME aluminium prices dropped after witnessing subsequent increases for the past few weeks owing to the ongoing Russia-Ukraine crisis. Both LME...
