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.
Shares of aluminium giant RUSAL drop by 22%, the biggest fall since April 2018
In Hong Kong, shares of United Co. Rusal International fell as much as 22% as investors watched the dramatic escalation in the West's standoff with Moscow over Ukraine. This is the greatest drop since April 2018, when Rusal was struck by an earlier wave of US sanctions in response to what the US...
US aluminium plates, sheets and bars import from Thailand grows by 854.84% Y-o-Y in November 2021
According to the US Geological Survey (USGS), the United States imported 7,190 tonnes of US aluminium plates, sheets and bars from Thailand in November, showing a month-on-month drop of 100 per tonne or by 1.37%. In October 2021, 7,290 tonnes of US aluminium plates, sheets and bars were imported...
Average alumina spot in China registers at RMB 3,305/t; A00 aluminium ingot price hikes by RMB 300/t
According to the Shanghai Metals Market, on Tuesday, February 22, the average alumina spot price has remained restrained to settle at US$3,305 per tonne. The price has remained the same since Wednesday, February 16. The price in provinces like Shandong and Henan has also remained constant to score...
LME aluminium price inches by 0.03% to US$3,315/t; SHFE price surges by US$57/t
LME aluminium opened at US$3,265.5 per tonne on Monday and closed at US$3,290 per tonne, an increase of US$23.5 per tonne or 0.72%. On Monday, February 21, LME aluminium cash bid price remained the same as Friday, February 18, to close at US$3,313 per tonne. But, LME aluminium official settlement...
Average alumina spot price in China pegs at RMB 3,305/t; A00 aluminium ingot price dips by RMB 120/t
On Monday, January 21, the average alumina spot price in China has remained restrained to score at RMB 3,305 per tonne, found the Shanghai Metals Market. For the same day in Shandong and Henan the price has remained restrained to peg at RMB 3,300 per tonne and RMB 3,320 per tonne. The average...
LME aluminium price soars up by US$20/t to US$3,314/t; SHFE price drops by US$17/t
LME aluminium opened at US$3,257 per tonne last Friday and closed at US$3,266.5 per tonne, an increase of US$8 per tonne or 0.25%. On Friday, February 18, LME aluminium cash bid price surged by US$21 per tonne or 0.63% to close at US$3,313 per tonne. On other hand, LME aluminium official settlement...
US aluminium plates, sheets and bars imports from Turkey surges by 232.14% Y-o-Y in November 2021
According to the US Geological Survey (USGS), the United States imported 4,650 tonnes of US aluminium plates, sheets and bars from Turkey in November, showing a month-on-month descend of 630 per tonne or by 11.93%. In October 2021, 5,280 tonnes of US aluminium plates, sheets and bars were imported...
Finance Ministry extends anti-dumping tariff on aluminium foil imports from China
The Finance Ministry has prolonged the anti-dumping tariff on Chinese imports of 'aluminium foil' (5.5 micron to 80 micron) until June 15. This comes after the Directorate General of Trade Remedies (DGTR) launched a sunset review inquiry against China's anti-dumping tax on "aluminium foil" (5.5...
US aluminium scraps export to Russia dips by 38.28% Y-o-Y in November 2021
As per the US Geological Survey, the United States exported 4,530 tonnes of US aluminium scrap in November to Russia. On a month-on-month scale, there was a hike of 1,230 per tonne or 37.27%. In October 2021, 3,300 tonnes of US aluminium scrap was exported to Russia, showing a slump of 40 tonnes...
Australia’s major packaging supplier Orora reports increase in sales and profit
In its recent half-year results, Orora, one of Australia's main packaging suppliers, recorded increase in sales and profits from ordinary activities, despite the impact of rising aluminium prices on its Australasian business. The firm, which manufactures aluminium cans and glass bottles, reported...
LME aluminium price surges by US$12/t to peg at US$3,294/t; SHFE price hikes by 0.16%
LME aluminium opened at US$3,250 per tonne on Thursday and closed at US$3,258 per tonne, an increase of US$8.5 per tonne or 0.26%. On Thursday, February 17, LME aluminium cash bid price hiked by US$12 per tonne or 0.36% to close at US$3,292 per tonne. On the other hand, LME aluminium official...
Hydro Extrusion aluminium production factories in Italy receive ASI certifications
The ASI Chain of Custody Standard had been accredited at both of Hydro Extrusion Italy's aluminium production factories in Feltre and Ornago. Each location has also been recertified in accordance with ASI's Performance Standard. The Aluminium Stewardship Initiative (ASI) aspires to see...
Aluminium billet inventory in China slips by 2,900 tonnes to close at 264,000 tonnes
The aluminium billet inventories in China decreased by 2,900 tonnes or 1.08% week-on-week across five major consumption areas. As a result, the inventories closed at 264,000 tonnes, as of Thursday, February 17. Foshan's inventory declined the most by 8,700 tonnes or 6.45%, followed by Nanchang's...
Huanghe Xinye Co., Ltd. joins ASI as new Production and Transformation member
On Tuesday, February 15, ASI welcomed Huanghe Xinye Co., Ltd. as its new production and transformation member, making the total count of ASI members to 213. The Yellow River Upstream Hydropower Development Co., LTD is a wholly-owned subsidiary of Huang Hexin Industry Co., LTD, which is also the...
US aluminium scrap export to Thailand grows by 53.02% Y-o-Y in November 2021
According to the US Geological Survey (USGS), the United States exported 9,610 tonnes of US aluminium scrap in November to Thailand. On a month-on-month scale, there was a growth of 5,130 per tonne or 114.50%. In October 2021, 4,480 tonnes of US aluminium scrap was exported to Thailand,...
Average alumina spot price in China closes at RMB 3,305/t; A00 aluminium ingot price grows by RMB 70/t
On Thursday, February 17, the average alumina spot price in China has remained unchanged to close at RMB 3,305 per tonne, found the Shanghai Metals Market. For the same day in Shandong and Henan the price has remained restrained to peg at RMB 3,300 per tonne and RMB 3,320 per tonne. The average...
Polestar confirms use of bonded aluminium base for its 5 electric performance 4dr GT
Polestar, a Swedish electric performance vehicle manufacturer, has made a technological breakthrough that might revolutionise production methods. The Polestar 5 electric performance 4dr GT will have a whole new, special bonded aluminium base, according to the company. The fact that bonded aluminium...
US aluminium crude metals and alloys import from Argentina hikes by 39.60% Y-o-Y in November 2021
As per the US Geological Survey (USGS), the United States imported 14,100 tonnes of US aluminium crude metals and alloys from Argentina in November, showing a month-on-month growth of 3,800 per tonne or 36.89%. In October 2021, 10,300 tonnes of US aluminium crude metals and alloys were imported...
