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.
Aluminium Bahrain signs MoU with Mitsubishi Heavy Industries to reduce its carbon footprint
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter outside of China, signed a Memorandum of Understanding (MoU) with Mitsubishi Heavy Industries EMEA Ltd. (MHI EMEA), a subsidiary of Mitsubishi Heavy Industries (MHI) Group, on January 19, 2022, to collaborate on ways to reduce Alba's carbon footprint. The MoU, which is the first of its kind with an aluminium producer, will lay the groundwork for a feasibility study on using MHI Group's CO2 capture from flue gas technology, developed in collaboration with Kansai Electric Power Co., to reduce Alba's plant emissions to achieve decarbonization. Alba's Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa and Kentaro Hosomi, CEO of MHI EMEA, were present at the signing ceremony, which was held at Al Dana Hall in...
Alcoa Brasil’s Filtro Prensa project will create new ways to manage bauxite residue
Work on Alcoa Brasil's Filtro Prensa project began in August 2021 at the company's Poços de Caldas alumina refinery, which is fed by a captive adjacent bauxite mine. It is R$310 million (US$55 million) investment that will fully transform the waste disposal system at the Minas Gerais facility. The construction was projected to take 15 months and employ roughly 500 people at its peak, with an opening date set for November 2022. The project took approximately seven years to complete. A new bauxite residue filtering plant will change how the refinery manages bauxite residue, which is mostly made up of red mud and coarse sand and is a byproduct of the alumina refining process. The coarse sand fraction (red sand) makes up about 40% of the residual, whereas the fine silt fraction makes up about...
US aluminium crude metals and alloys import from UAE hikes 26.95% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 31,900 tonnes of US aluminium crude metals and alloys from United Arab Emirates (UAE) in October 2021, showing a month-on-month upward movement of 16,300 per tonne or by 104.48%. In September 2021, 15,600 tonnes of US aluminium crude metals and alloys were imported from UAE, showing a decline of 15,000 per tonne from 30,600 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from UAE in October climbed up by 8,600 tonnes or by 26.95% from 23,300 tonnes in October 2020. From January to October, the imported aluminium crude metals and alloys from UAE clocked at 285,000 tonnes. For the same period last year, the amount registered at 273,000 tonnes. As per the data shared...
Alumina spot price in China escalates by RMB 35/t to stand at RMB 3,007/t; A00 aluminium ingot price soars up by RMB 440/t
According to the Shanghai Metals Market, the average alumina spot price in China has moved up by RMB 35 per tonne to close at RMB 3,007 per tonne, as of Wednesday, January 19. In Henan and Shanxi, the average alumina spot price has ascended by RMB 30 per tonne to clock at RMB 3,025 per tonne. On the other hand, in Lianyungang and Bayuquan the price has stepped up by RMB 25 per tonne to register at RMB 3,000 per tonne and RMB 3,050 per tonne. The average alumina spot price in Shandong has increased by RMB 30 per tonne to stand at RMB 3,030 per tonne. In Guizhou and Giangxi, the price has hiked by RMB 40 per tonne and RMB 85 per tonne to come in at RMB 2,890 per tonne and RMB 2,925 per tonne. On Wednesday, January 19, the Australian alumina FOB price has inched up by RMB 1 per tonne to...
Alupro’s new “the lonely aerosol” campaign to target social media users
Alupro, a company that recycles aluminium packaging, has launched a digital campaign to urge people to recycle their old aerosol cans. 'The lonely aerosol,' which will run from 18 January to mid-March, will target social media users with a series of imaginative digital animations. Each animated figure has been made to reflect the variety of aerosol canisters found in the house while sharing best practise recycling tips. The amusing characters will teach viewers about the crucial significance of aerosol recycling, from 'Pump up the Volume,' a gorgeous hairspray can, to 'Any Old Oil,' a wise old oil can in the garage. The online campaign is part of a larger cross-industry initiative led by Alupro and implemented in collaboration with Ball Aerocan and the British Aerosol Manufacturers...
US aluminium crude metals and alloys import from Russia ascends 71.01% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 23,600 tonnes of US aluminium crude metals and alloys from Russia in October 2021, showing a month-on-month surge of 14,030 per tonne or by 146.60%. In September 2021, 9,570 tonnes of US aluminium crude metals and alloys were imported from Russia, showing a hike of 8,100 per tonne from 1,470 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Russia in October moved up by 9,800 tonnes or by 71.01% from 13,800 tonnes. From January to October, the imported aluminium crude metals and alloys from Russia pegged at 161,000 tonnes. For the same period last year, the amount was recorded at 92,700 tonnes. According to the data shared by the USGS, the total amount of...
Eurometaux seeks EU policymaker’s aide for domestic producers of aluminium and others in delivering energy transition
Eurometaux, a trade organisation, has called EU policymakers to enable member states to use state assistance to boost local producers of aluminium, zinc, and silicon, which are critical for the transition to low-carbon energy. The European Union has set a goal of cutting net greenhouse gas emissions by 55 percent by 2030, as a step toward "net zero" by 2050, with plans that include electric vehicles that require aluminium and renewable energy that requires zinc and silicon. Because of high electricity costs and tight supplies, more than half of the EU's aluminium and zinc smelters have decreased output or closed temporarily, while silicon production has been slashed. Electricity's portion of manufacturing expenses for aluminium, silicon, and zinc was between 30% and 40% even before the...
SHFE price slips by US$3/t to close at US$3,328/t; LME aluminium price closes at US$2,977.50/t
On Tuesday, January 18, the benchmark aluminium price has gone down by US$3 per tonne or by 0.90% to close at US$3,328 per tonne. The most-traded SHFE 2202 aluminium closed down 0.49% or RMB 105 per tonne to RMB 21125 per tonne, with open interest down 10276 lots to 144673 lots. During the night session, the most-traded SHFE aluminium contract opened at RMB 21.060 per tonne, with the highest and lowest prices at RMB 21,185 per tonne and RMB 21,015 per tonne before closing at RMB 21,075 per tonne, up RMB 5 per tonne or 0.02%. LME aluminium price LME aluminium opened at US$2,986 per tonne last night and closed at US$3,000 per tonne, an increase of US$13 per tonne or 0.44%. On Monday, January 17, LME aluminium cash (bid) price climbed up by US$31 per tonne or by 1.04% to stand at US$3,008...
US aluminium plates, sheets and bars export to Mexico slips 19.12% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States exported 20,300 tonnes of US aluminium plates, sheets and bars to Mexico in October 2021, showing a month-on-month decline of 1,800 per tonne or by 8.14%. In September 2021, 22,100 tonnes of US aluminium plates, sheets and bars were exported to Mexico, showing a hike of 2,100 per tonne from 20,000 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bars exported to Mexico in October slumped by 4,800 tonnes or by 19.12% from 25,100 tonnes in October 2020. From January to October, the exported aluminium plates, sheets and bars to Mexico closed at 224,000 tonnes. For the same period last year, the amount was recorded at 221,000 tonnes. As per the data shared by the USGS, the total amount of...
China’s aluminium output hikes by 4.8% to touch annual record high in 2021 even amid power restrictions
China's annual aluminium output increased by 4.8% from the previous year to a new high of 38.5 million tonnes in 2021, according to government statistics released on Monday, despite energy consumption restrictions set last year to fulfil climate targets. The National Bureau of Statistics (NBS) reported that primary aluminium output in December was 3.11 million tonnes, up marginally from 3.10 million tonnes in November but down 4% year on year. According to Reuters' calculations, December output was about 100,300 tonnes per day, down from roughly 103,300 tonnes in November - the lowest daily pace since July 2020. "In 2021, we had a strong first half, but the energy shortages and coal problems handicapped the growth. We expect minimal increase in production (in 2022) due to similar reasons....
Alumina spot price in China hikes by RMB 37/t to close at RMB 2,899/t; A00 aluminium ingot price slips by RMB 90/t
On Monday, January 17, the average alumina spot price in China has opened the week on Monday with an increase of RMB 37 per tonne to stand at RMB 2,899 per tonne, found the Shanghai Metals Market. The average alumina spot price in Guizhou and Guangxi has moved up by RMB 70 per tonne to peg at RMB 2,820 per tonne, for the same day. In Shandong, the price has surged by RMB 40 per tonne to stand at RMB 2,950 per tonne. In Henan and Shanxi, the price has hiked by RMB 35 per tonne and RMB 25 per tonne to register at RMB 2,910 per tonne. On the other hand, in Lianyungang and Bayuquan, the price has remained unchanged to close at RMB 2,965 per tonne and RMB 3,020 per tonne. China’s A00 aluminium ingot price on the other hand has decreased by RMB 90 per tonne to close at RMB 20,900 per tonne. The...
Downstream weekly recap: Kaiser Aluminum declares a quarterly cash dividend of US$0.77 per share; TANAKA Denshi Kogyo to set up new plant for aluminium bonding wires in Hangzhou, China
The downstream sector of the aluminium industry has been under the spotlight for a limited but strong number of reasons. To start with, according to a new study, the increased usage of electric vehicles (EVs) in global transportation is good for aluminium producers like Hindalco but negative for steel producers. Global investing company Jefferies forecasts Hindalco's stock price to return around 30% higher than competitor steel makers Tata Steel and JSW Steel for metal equities investors. This was followed by the news of the Bahrain-based Gulf Aluminium Rolling Mill B.S.C ("GARMCO"), the Middle East's first and biggest downstream aluminium facility for rolling, cutting, and fabricating aluminium, announced that it has achieved a definitive agreement with the group of Creditors to assure...
Yamaha marine motors get stainless steel and aluminium outboard propellers from Vifprop
Yamaha marine motors get stainless and aluminium outboard propellers from Vifprop. It provides boat owners with high-quality, long-lasting, and elegant propellers. Yamaha outboard propellers are now available on Vifprop's web site, a firm that specialises in boat propellers. Stainless steel and aluminium are used to make this product. Those outboard propellers, on the other hand, come in a range of sizes. "Propellers help to extract maximum outboard engine power," said the company's manager. It must be installed based on the type of boat and its intended function. Let's imagine you have a black stainless steel prop that comes in two sizes: 10 1/4 x 16 and 10 1/4 x 15. These parts are designed for Yamaha boat engines ranging from 40 to 60 horsepower,” said the manager of the company....
US aluminium crude metals and alloys import from Canada hikes 47.46% Y-o-Y in October 2021
According to the US Geological Survey (USGS), the United States imported 233,000 tonnes of US aluminium crude metals and alloys from Canada in October 2021, showing a month-on-month hike of 32,000 per tonne or by 91.38%. In September 2021, 201,000 tonnes of US aluminium crude metals and alloys were imported from Canada, showing a decline of 18,000 per tonne from 219,000 tonnes in August 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Canada in October escalated by 75,000 tonnes or by 47.46% from 158,000 tonnes. From January to October, the imported aluminium crude metals and alloys from Canada stood at 2,090,000. For the same period last year, the amount registered at 1,990,000 tonnes. As per the data shared by the USGS, the total amount of...
Kaiser Aluminum declares a quarterly cash dividend of US$0.77 per share
Kaiser Aluminum Corporation (NASDAQ:KALU) stated today that its Board of Directors has declared a quarterly cash dividend of $0.77 per share, up 7% from the previous quarter's payout. The dividend will be paid on February 15, 2022 to stockholders who were on the books on January 24, 2022 at the close of business. “The Board’s decision to authorize an increase in the quarterly dividend reflects confidence in the long-term outlook for our business and opportunities to continue to create value for our shareholders,” said Keith A. Harvey, President and Chief Executive Officer. “We have built a strong diversified portfolio from which to support secular demand growth in each of our served markets and a platform for planned capital investments to further strengthen our competitive position,...
SHFE price slumps by US$44/t to stand at US$3, 3339/t; LME aluminium settles at US$3,003/t
On Friday, January 14, the benchmark aluminium price slipped by US$44 per tonne or by 1.30% to close at US$3,339 per tonne. The most-traded SHFE 2202 aluminium closed down 1.27% or RMB 275 per tonne to RMB 21,375 per tonne, with open interest down 11765 lots to 172829 lots. Overnight, the most-traded SHFE 2202 aluminium contract opened at RMB 21,515 per tonne, with the highest at RMB 21,535 per tonne before closing at RMB 21,305 per tonne, down RMB 280 per tonne or 1.3%. LME aluminium price LME aluminium opened at US$2,950.5 per tonne on Thursday and closed at US$2,958 per tonne, an increase of US$13 per tonne or 0.44%. On Wednesday, January 12, both LME aluminium cash (bid) price and LME aluminium official settlement price moved up by US$54 per tonne and US$53 per tonne, to stand in at...
Aluminium billet inventory in China hikes by 27,300 tonnes to stand at 140,500 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China surged by 27,300 tonnes week-on-week across five major consumption areas. As a result, the inventories recorded at 140,500 tonnes, as of Thursday, January 13. With the exception of Huzhou, inventories increased in all of the key production locations. On a weekly basis, Foshan's inventory increased by 20,300 tonnes, or 38.67%, while Wuxi's inventory increased by 6,400 tonnes, or 36.16%. The imports of aluminium billets were concentrated, according to the warehouses, but outflows from warehouses declined sharply as downstream orders were lacklustre ahead of the Chinese New Year. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium...
Tomago Aluminium prepares backup plans to keep the country’s aluminium smelter operational
Due to persistent shortages, Tomago Aluminium is compelled to prepare numerous backup plans for the supply of crucial materials to keep the country's largest aluminium smelter operational. CEO Matt Howell anticipates the shortages to last for a long time. “Anything that comes by a container is being delayed,” said Mr Howell about the supply chain issues that are delaying supplies of boots, apparel, chemicals, and other specialty raw materials and components to the NSW factory “We’ve got an amazing procurement team that has really looked forward for months, to like, if this particular supply line no longer works, where do we get it? What’s our plan A, what’s our plan B, what’s our plan C? So we haven’t run out of anything. That’s purely as a result of the fantastic work that our...
