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.
European Aluminium appoints Paul Voss as the new Director General
European Aluminium, the European industry voice for the aluminium value chain, is happy to announce Paul Voss' appointment as Director-General, effective from 1 February 2022. Mr Voss will follow Gerd Götz, who will leave the Association at the end of March after almost a decade as the head. “On behalf of all European Aluminium members, I would like to thank Gerd Götz for his unwavering dedication to the Association and aluminium industry. During his nine-year tenure as Director General, European Aluminium adopted a long-term sustainability vision based on aluminium’s role in the transition to a low carbon and circular economy. Notable achievements under his leadership include the launch of the industry’s Sustainability Roadmap Towards 2025, Vision 2050 and Circular Aluminium Action Plan,...
Novelis new plant in Guthrie will reduce carbon emissions by 1 million tonnes, says Tom Boney
Novelis' recent efforts to enhance its manufacturing and recycling capacity were primarily motivated by growing vehicle demand for aluminium and Novelis' own environmental emissions objectives, according to Tom Boney, executive vice president and president of Novelis North America. Greater recycling is assisting the company situated in the United States - which is reported to be the world's largest recycler and manufacturer of aluminium sheets - in meeting market demand for the product as well as environmental sustainability. Novelis has announced intentions to increase aluminium sheet production by 364,000 tonnes per year. 240,000 tonnes of sheet will come from a new $365 million vehicle recycling site in Guthrie, Kentucky, and another 124,000 tonnes from an improvement to its hot mill...
Crown Holdings Inc. receives ASI accreditation for its beverage can units in Mexico
Crown Holdings, Inc. has received ASI Performance Standard accreditation for six beverage can body and end manufacturing units in Mexico, including the Corporate Office in Monterrey, which are located in Ensenada, Guadalajara, Toluca, Juarez, and Monterrey. Crown Mexico's predicted market size in 2020 was 15 billion beverage cans, with an annual growth rate of up to 6%. The ASI Certification programme is the first complete voluntary sustainability standard project for the aluminium value chain, and it was established after considerable multi-stakeholder input. With the goal of addressing sustainability challenges in the aluminium value chain, the ASI Performance Standard establishes environmental, social, and governance principles and standards. Under the three sustainability pillars of...
US aluminium plates, sheets and bars imports from Oman slips by 1.20% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 7,370 tonnes of US aluminium plates, sheets and bars from Oman, showing a month-on-month hike of 990 per tonne or 15.51%. In September 2021, 6,380 tonnes of US aluminium plates, sheets and bars were imported from Oman, showing a drop down of 2,670 tonnes from 9,050 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bars imported from Oman in October 2021 slumped by 90 tonnes or by 1.20% from 7,460 tonnes in October 2020. From January to October, the imported aluminium plates, sheets and bars from Oman settled at 74,000. For the same period last year, the amount clocked at 53,600 tonnes. As per the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude...
LME aluminium price drops by US$34/t to score at US$3,076/t; SHFE is closed for CNY holiday
On Monday, January 31, LME aluminium cash (bid) price dropped by US$34 per tonne or by 1.09% to score at US$3,074 per tonne. On the other hand, LME aluminium official settlement price also went down by US$34 per tonne or by 1.09% to score at US$3,076 per tonne. 3-month bid price and 3-month offer price settled at US$3,050 per tonne and US$3,052 per tonne. December 23 bid price and December 23 offer price also recorded at US$2,783 per tonne and US$2,788 per tonne, for the same day. LME aluminium opening stock pegged at 799475 tonnes. Live warrants and Cancelled warrants for the same day registered at 449525 tonnes and 349950 tonnes. LME aluminium 3-month Asian Reference Price also totalled at US$3,068.50 per tonne. SHFE aluminium price The most-traded SHFE 2203 aluminium closed up 2.05 per...
Alro S.A aims to find solutions to resume electrolytic aluminium production
ALRO S.A. (BVB: ALR, "the Company" or "ALRO"), one of Europe's largest vertically integrated aluminium producers by capacity, announces that the company's management is focusing on finding solutions to restore electrolytic aluminium production to the level of 2021 beginning in 2023, subject to market energy prices. “We are actively looking for solutions to secure the energy needs for 2023 for all our five potrooms and thus to preserve the vertical integration feature of our business, as we believe the integration will remain in the long run one of the main advantages of our business model”,said Marian NĂSTASE, Chairman of the Board of Directors, ALRO. “Based on our current estimations, the restarting costs for each electrolysis potroom may be in the range of USD 10-12 million, depending...
Railway Budget recommends mass manufacture of aluminium coaches
The Railway Budget's recommendations for mass manufacture of aluminium coaches, as well as a gradual shift from steel-bodied LHB coaches to lightweight energy-efficient ones, aim to achieve the national transporter's twin goals of reduced energy usage and increased bauxite loading for aluminium factories. In her Budget on 1 February, Finance Minister Nirmala Sitharaman is anticipated to focus on the economy beyond the epidemic, despite the lingering effects of the Omicron wave. Growth in capital expenditure is critical for both the economy and the railways to maintain infrastructure development. The suggested plan for ramping up production of around 6500 aluminium coaches is ambitious since it anticipates increased freight due to increased bauxite loadings as well as lower power use for...
US aluminium scrap export to Mexico plummets by 3,000 tonnes Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States exported 13,100 tonnes of US aluminium scrap to Mexico, showing a month-on-month reduction of 200 per tonne or by 1.50%. In September 2021, 13,300 tonnes of US aluminium scrap were exported to Mexico, showing a decline of 300 tonnes or 2.20% from 13,600 tonnes in August 2021. On a year-on-year calculation, US aluminium scrap exported to Mexico in October 2021 plummeted by 3,000 tonnes or by 18.63% from 16,100 tonnes in October 2020. From January to October, the exported aluminium scrap to Mexico settled at 140,000 tonnes. For the same period last year, the amount totalled at 119,000 tonnes. As per the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys, and scrap, exported to...
Union Budget 2022-23: Indian aluminium industry seeks for the removal of cess on coal
The aluminium sector, which has played a vital role in India's V-shaped economic rebound, has asked for the cess on coal to be removed from the Union Budget, which will be delivered on Tuesday, in order to cut increasing electricity costs for manufacturers. In addition, the NITI Aayog has raised the issue of high power costs for Indian aluminium production, resulting in a competitive disadvantage compared to foreign competitors. The coal cess alone accounts for 20% of the cost of extracting coal. As a result, India is one of the most costly countries to manufacture coal-based power, despite having a comparative edge in coal reserves. The coal cess has been raised many times, from Rs 50 per MT to Rs 400 per MT. Currently, coal cess contributes to the higher electricity cost burden, raising...
Aluminium billet inventory in China hikes by 36,500 tonnes to register at 211,600 tonnes
The aluminium billet inventories in China moved up by 34,700 tonnes week-on-week across five major consumption areas. As a result, the inventories clocked at 211,600 tonnes, as of Thursday, January 27. Inventories increased in each of the five major markets. Most of the rise came from inventories in Foshan and Wuxi, which increased by 14,600 tonnes and 12,600 tonnes, respectively, representing 15.48% and 33.78% week-on-week increases. On the eve of the Chinese New Year, the downstream virtually came to a halt, resulting in slow transactions. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, the aluminium inventories grew by 14,600 tonnes to score at 108,900 tonnes. In Wuxi, inventories escalated by 12,600 tonnes to peg at...
US aluminium plates, sheets and bars import from China grows by 31.27% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 10,200 tonnes of US aluminium plates, sheets and bars from China, showing a month-on-month descend of 4,700 per tonne or 31.54%. In September 2021, 14,900 tonnes of US aluminium plates, sheets and bars were imported from China, showing a steep downfall of 5,100 tonnes from 20,000 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bars imported from China in October 2021 ascended by 2,430 tonnes or by 31.27% from 7,770 tonnes in October 2020. From January to October, the imported aluminium plates, sheets and bars from China pegged at 124,000 tonnes. For the same period last year, the amount closed at 97,200 tonnes. As per the data shared by the USGS, the total amount of aluminium...
Average alumina spot price in China stands at RMB 3,143; A00 aluminium ingot price surges by RMB 210/t
On Thursday, January 28, the average alumina spot price in China has remained unchanged to close at RMB 3,143 per tonne, found the Shanghai Metals Market. In provinces like Shandong and Guizhou, the price has remained restrained to close at RMB 3,145 per tonne and RMB 3,020 per tonne. For the same day in Henan and Shanxi, the price has been recorded at RMB 3,170 per tonne and RMB 3,155 per tonne. In Guangxi and Lianyungang the price stood at RMB 3,060 per tonne and RMB 3,000 per tonne. In Bayuquan, the price has been registered at RMB 3,050 per tonne. The A00 aluminium ingot price has moved up by RMB 210 per tonne to score at RMB 21,650 per tonne. The average price for the same has closed at RMB 21,630 per tonne and RMB 21,670 per tonne, with spot contract to be traded at a premium price...
Hammerer Aluminum invests EUR 4.5 million for a new melting furnace in Santana
At the Romanian facility in Santana, Hammerer Aluminum Industries invested EUR 4.5 million on a third melting furnace for recovering material for casting. The new melting furnace has provided a considerable rise in capacity since the beginning of 2022. This brings the HAI Group's recycling and remelting capability to 250,000 tonnes per year. Hammerer Aluminum Industries (HAI), an aluminium specialist, responded to the growing demand for lightweight aluminium products by investing in a third recycling furnace at its Santana facility. Because of the strong demand for aluminium lightweight goods, the HAI Group has decided to invest in a multi-chamber furnace for recovering material. “We were able to implement the project quickly and put the melting furnace into operation at the beginning of...
HPA project by King River Resources may get completed by May 2022
The high purity alumina project by King River Resources, which is listed on the ASX, is on track to submit a comprehensive feasibility assessment for the proposed 2,000 tonnes per annum HPA production plant in May 2022. Global HPA demand is predicted to expand at a 30% annual rate until at least 2028, according to the business, with significant demand in the LED lighting, semiconductor and electronics, optical, and battery industries. The planned plant will create 5N and 4N quality aluminium products, with 5N including at least 99.999% pure HPA precursor chemicals and 4N containing at least 99.99% pure HPA precursor compounds. To make the 5N aluminium precursors and 4N HPA, King River created its own unique ARC method. The ARC method gets its name from the fact that it uses an industrial...
US aluminium crude metals and alloys export to Mexico decreases by 36.72% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States exported 6,770 tonnes of US aluminium crude metals and alloys to Mexico, showing a month-on-month drop of 360 per tonnes or by 5.04%. In September 2021, 7,130 tonnes of US aluminium crude metals and alloys were exported from Mexico, showing a drop of 690 tonnes or 8.82% from 7,820 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys exported to Mexico in October 2021 descended by 3,930 tonnes or by 36.72% from 10,700 tonnes in October 2020. From January to October, the exported aluminium crude metals and alloys to Mexico closed at 92,300 tonnes. For the same period last year, the amount settled at 72,800 tonnes. According to the data shared by the USGS, the total amount of aluminium...
LME aluminium price surges by US$29/t to peg at US$3,093/t; SHFE price drops by US$30/t
Three-month LME aluminium opened at $3,090 per tonne and rose 0.16% to close at $3,100 per tonne on Wednesday. On Wednesday, January 26, LME aluminium cash (bid) price hiked by US$29.5 per tonne or by 0.96% to total at US$3,092.50 per tonne. LME aluminium official settlement price also surged by US$29 per tonne or by 0.94% to close at US$3,093 per tonne. 3-month bid price and 3-month offer price settled at US$3,079.50 per tonne and US$3,080 per tonne. December 23 bid price and December 23 offer price also clocked at US$2,800 per tonne and US$2,805 per tonne. LME aluminium opening stock was recorded at 835000 tonnes. Live warrants and Cancelled warrants for the same day came in at 451525 tonnes and 383475 tonnes. LME aluminium 3-month Asian Reference Price totalled at US$3,109.46 per...
European aluminium releases its 'Sustainability Roadmap Towards 2025 report'
The results of the mid-term evaluation of the sector's Sustainability Roadmap Towards 2025 were released today by European Aluminium, the voice of the European aluminium value chain. The mid-term assessment created new industry commitments and set the path for the region's common definition of 'sustainable aluminium,' highlighting the importance of continual improvement, innovation, and cross-industry activities. The European aluminium sector has achieved great progress toward the Roadmap's objectives in the areas of responsible manufacturing, innovative uses, and socio-economic impact since its inception in 2015. The mid-term assessment of the Roadmap highlighted the next actions and instruments to assist the industry to achieve its sustainability targets and raise its ambitions, taking...
US aluminium scrap import from Canada drops by 7.39% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 33,800 tonnes of US aluminium scrap from Canada, sowing a month-on-month decline of 2,000 per tonne or by 5.58%. In September 2021, 35,800 tonnes of US aluminium scrap were imported to Canada, showing a sharp downfall of 700 tonnes or 1.91% from 36,500 tonnes in August 2021. On a year-on-year calculation, US aluminium scrap imported from Canada in October 2021 went down by 2,700 tonnes or by 7.39% from 36,500 tonnes in October 2020. From January to October, the imported aluminium scrap from Canada recorded at 343,000 tonnes. For the same period last year, the amount was registered at 287,000 tonnes. According to the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys,...
