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.
Presenting the list of eminent speakers for Day 2 at AlCircle Expo 2022
Gear up for Day 2 of AlCircle Expo 2022! After a successful beginning on Tuesday, February 15, Day 2 promises to be more impactful with eminent speakers sharing their thoughts on the aluminium industry, latest market trends and a lot more discussions on multiple aspects covering the metal industry....
LME aluminium price slips by 2.51% to score at US$3,223/t; SHFE price drops by US$20/t
LME aluminium opened at US$3,223 per tonne on Tuesday and closed at US$3,194 per tonne, down US$34 per tonne or 1.05%. On Tuesday, February 15, LME aluminium cash (bid) price had slumped by US$84 per tonne or 2.54% to score at US$3,221 per tonne. LME aluminium official settlement price has also...
Museum of Modern Aluminium in Nonthaburi built using aluminium bars
The Museum of Modern Aluminium in Nonthaburi, Thailand, has been finished, complete with a remarkably complex façade consisting of tens of thousands of aluminium bars, many of which have a distinctive colour and texture and are lighted by concealed LED lights. The 400-square-meter structure was...
AlCircle Expo 2022 is now live!
Finally, the day is here! AlCircle Expo 2022 goes live today at 11:00 AM GMT. We are thrilled to welcome the global aluminium value chain associates under one roof. AlCircle Expo 2022 is a virtual platform where you can expand your business networks, meet and greet old and new clients, explore new...
US aluminium scrap export to Canada escalates by 89.60% Y-o-Y in November 2021
According to the US Geological Survey (USGS), the United States exported 12,400 tonnes of US aluminium scrap in November to Canada. On a month-on-month scale, there was a surge of 2,440 per tonne or by 24.49%. In October 2021, 9,960 tonnes of US aluminium scrap was exported to Canada, showing a...
Average alumina spot price in China soars up by RMB 6/t to RMB 3,303/t; A00 ingot price grows by RMB 100/t
According to the Shanghai Metals Market, the average alumina spot price in China has gone up by RMB 6 per tonne to score at RMB 3,303 per tonne as of Tuesday, February 15. For the same day in Guangxi the price has surged by RMB 10 per tonne to come in at RMB 3,190 per tonne. In Shandong and Henan,...
AlCircle announces the power-packed line-up of speakers for Day 1 of AlCircle Expo 2022
Finally, the wait is over! AlCircle proudly announces its power-packed line-up of the speakers for Day 1, AlCircle Expo 2022. The event will take place between 11 AM to 7 PM (GMT). Get ready to interact with the stalwarts of the industry, listen to their views on the latest aluminium market trend...
LME aluminium price hikes by 3.31% to peg at US$3,306/t; SHFE price ascends by US$11/t
LME aluminium opened at US$3,189.5 per tonne on Monday and closed at US$3,228 per tonne, an increase of $29 per tonne or 0.91%. On Monday, February 14, LME aluminium cash (bid) price had escalated by US$105.5 per tonne or by 3.29% to close at US$3,305 per tonne. For the same day, LME aluminium...
Mestron Holdings to purchase 10% of Winstar Aluminium Manufacturing Sdn Bhd's share capital
On Friday, February 11, Mestron Holdings Bhd (MHB) signed a share sale and purchase agreement (SSPA) with Chua Nyok Chong (CNC) and Chua Boon Hong (CBH) for RM6 million to purchase 806,000 ordinary shares, or 10% of Winstar Aluminium Manufacturing Sdn Bhd's share capital. CNC has given MHB a call...
Downstream products weekly recap: AlCircle launches its ninth edition of e-Magazine - "Global Aluminium Foundry: Challenges and Opportunities Ahead in 2022"; India’s largest aluminium die-casting company ‘Endurance Technologies’ Q3 profit descends to INR 95 crores
A lot had happened in the downstream segment of the global aluminium sector. To begin with, AlCircle launched its 9th edition of e-Magazine, “Global Aluminium Foundry: Challenges and Opportunities Ahead in 2022". The magazine highlights the role of aluminium foundries in the production of aluminium...
American Canning LLC aims to produce 300 million cans every year in its new facility
Within the next several months, an Austin-based maker of aluminium cans and beverage packaging will relocate into a bigger facility as part of a plan to considerably expand operations. This spring, American Canning LLC will relocate to Park 183's Building 5. The company's new headquarters will be a...
Hindalco’s Q3 result highlights surge in aluminium price as well as addition of Brownfield smelting capacity
After the third quarter, analysts kept their 'buy' calls on Hindalco Industries Ltd., noting a surge in aluminium prices, a shift in focus from deleveraging to growth potential, and the addition of Brownfield smelting capacity. In the quarter ended December, India's largest aluminium manufacturer...
US aluminium crude metals and alloys import from Canada hikes by 49.68% Y-o-Y in November 2021
According to the US Geological Survey (USGS), United States imported 235,000 tonnes of US aluminium crude metals and alloys in November 2021 from Canada, showing a month-on-month escalation of 2,000 per tonne or 0.85%. In October 2021, 233,000 tonnes of US aluminium crude metals and alloys were...
LME aluminium price surges by 65/t to score at US$3,313/t; SHFE price slips by 1.50%
After a jump in stocks raised the chance that supplies are not as tight as anticipated, aluminium prices dipped from their highest levels in more than 13 years on Thursday. On Thursday, February 10, LME aluminium cash (bid) price had increased by US$66 per tonne or by 2.03% to score at US$3,312per...
Sierra Aluminum to expand its extrusion capacity in Mexicali
On Tuesday, January 8, Sierra Aluminum, announced that it would expand its extrusion, anodizing, and painting capacity by adding a greenfield plant in Mexicali, Mexico, as well as significant investments in its current California operations. Sierra Aluminum is one of the western United States'...
US aluminium plates, sheets and bars export to Mexico plummets by 9.95% Y-o-Y in November 2021
As per the US Geological Survey (USGS), the United States exported 20,800 tonnes of US aluminium plates, sheets and bars in November to Mexico. On a month-on-month scale, there was a hike of 500 per tonne or 2.46%. In October 2021, 20,300 tonnes of US aluminium plates, sheets and bars were exported...
LME aluminium price hikes by 3.08% to score at US$3,245/t; SHFE price soars up by US$82/t
On Tuesday, February 8, LME aluminium cash (bid) price had gone up by US$96.5 per tonne or 3.06% to score at US$3,244 per tonne. For the same day, LME aluminium official settlement price also surged by US$97 per tonne or by 3.08% to peg at US$3,245 per tonne. 3-month bid price and 3-month offer...
AlCircle launches “Global Aluminium Industry Outlook 2022”: A conclusive report
The year 2022 brings along a new beam of hope and inspiration for the metal industry. With this, team AlCircle is excited to announce the launch of its, “Global Aluminium Outlook 2022,” report. The report highlights the overall performance of the aluminium industry and also gives an idea of how the...
