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.
Average alumina spot price in China surges by RMB 6/t to peg at RMB 2,818/t; A00 aluminium ingot price hikes by RMB 220/t
According to the Shanghai Metals Market, the average alumina spot price in China has ascended by RMB 6 per tonne to close in at RMB 2,818 per tonne, as of Friday, December 31. For the same day in Henan and Shanxi, the price has surged by RMB 10 per tonne to stand at RMB 2,835 per tonne,...
Aluminium billet inventories in China hikes by 5,700 tonnes to peg at 80,300 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China surges by 5,700 tonnes week-on-week across five major consumption areas. As a result, the inventories closed at 80,300 tonnes, as of Thursday, December 30. Except for Nanchang, inventories climbed in four main markets...
Beverage carton manufacturers aim to use 100% renewable and recycled aluminium
To boost their sustainability and assist achieve global climate targets, beverage carton manufacturers have agreed to develop cartons from 100% renewable and recycled material and reduce their plastic usage by 2030. The commitments are part of the Alliance for Beverage Cartons and the Environment's...
Egypt Aluminum signs a contract with Consulting Engineering Group for feasibility study
According to a statement filed with the Egyptian Exchange, Egypt Aluminum (Egyptalum) has signed a contract with Consulting Engineering Group (CEGMAN) to undertake a feasibility study for the vehicle rims manufacturing line project. Egypt Aluminum recorded a net profit after tax of EGP 304.718...
LME aluminium price descends by US$13/t to stand at US$2,835/t; SHFE price hikes by US$37/t
LME aluminium opened at US$2,821 per tonne on Wednesday and closed at US$2,812 per tonne, down US$8 per tonne or 0.28%. LME aluminium cash (bid) price moved down by US$11.5 per tonne or by 0.40% to come in at US$2,834.50 per tonne, as of Wednesday, December 29. LME aluminium official settlement...
AAI seeks govt for not imposing anti-dumping duty on caustic soda import
“At this juncture with revival of economy and post pandemic industrial activity back on track, any further restriction on one of the major raw materials for Aluminium will hamper the economic viability of Indian Aluminium industry to the extent of closure of operations thereby affecting the overall...
Much awaited aluminium-ion batteries by GMG sent to customers for testing
Graphene Manufacturing Group (GMG) has stated that 2032 type coin cell prototypes of its graphene aluminium-ion batteries ("G+AI Battery") have been supplied to many potential clients throughout the world. According to GMG, coin cell testing has shown that the GMG 2032 type G+AI Battery coin cell...
Average alumina spot price in China remains unchanged to peg at RMB 2,809/t; A00 aluminium ingot price hikes by RMB 140/t
On Wednesday, December 29, the average alumina spot price in China remained restrained to close at RMB 2,809 per tonne, found the Shanghai Metals Market. For the same day in Shanxi and Lianyungang, the price has remained restrained to come in at RMB 2,815 per tonne and RMB 2,875 per tonne,...
SHFE aluminium price ascends by US$25/t to come in at US$3,127/t; LME is closed for Christmas Holidays
The London Metal Exchange was closed on Tuesday, December 28, for Christmas Holiday. On Friday, December 24, LME aluminium cash (bid) price stood at US$2,846 per tonne. On the other hand LME aluminium official settlement price closed at US$2,848 per tonne. 3-month bid price and 3-month offer price...
AAI calls on govt. support for custom duty cutback on critical raw materials in the upcoming Union Budget
To boost cost competitiveness in the sector, the domestic aluminium industry has sought a decrease in basic customs duty and a correction in the inverted duty structure on important raw materials such as pet coke, caustic soda, aluminium fluoride, and alumina. The Aluminium Association of India...
Aluminium sector to confront shortage of dry fuel as centre prioritizes power sector
The non-power sector consumers of coal are expected to confront a shortage of dry fuel in January, as the centre continues to prioritise supply to the power sector. The decision of the Central government to prioritize the supply of coal for thermal power plants since July has raised concern among...
Average alumina spot price in China descends by RMB 2/t to close at RMB 2,809/t; A00 aluminium ingot price slips by RMB 30/t
On Tuesday, December 28, the average alumina spot price in China slumped by RMB 2 per tonne to close at RMB 2,809 per tonne, found the Shanghai Metals Market. For the same day in Shanxi and Lianyungang, the price has remained restrained to come in at RMB 2,815 per tonne and RMB 2,875 per tonne,...
First Bauxite Corp. appoints Carlos Pinglo as the new CFO
Carlos Pinglo has been named Chief Financial Officer and Corporate Secretary of First Bauxite Corporation ("First Bauxite" or the "Company"), succeeding Ian Fodie. Mr Fodie's services are appreciated, and the Company wishes him well in his future pursuits. First Bauxite is a Canadian mineral...
Average alumina spot price in China slumps by RMB 3/t to close at RMB 2,811/t; A00 aluminium ingot price closes at RMB 19,810/t
The average alumina spot price in China has opened the week on Monday, December 27, slipping by RMB 3 per tonne to come in at RMB 2,811 per tonne, found the Shanghai Metals Market. For the same day in Henan and Shanxi, the price has remained unchanged to stand at RMB 2,815 per tonne, respectively....
LME aluminium price ascends by US$30/t to close at US$2,848/t; SHFE price slumps by US$35/t
Three-month LME aluminium opened at US$2,845 per tonne last Friday and closed at US$2,820 per tonne, a decrease of US$28 per tonne or 0.98 percent. LME aluminium cash (bid) price climbed up by US$28.5 per tonneor by 1.01 percent to stand at US$2,846 per tonne, as of Friday, December 24. LME...
Aluminium billet inventories in China drop by 900 tonnes this week to clock at 74,600 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China dropped by 900 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 74,600 tonnes as of Thursday, December 23. Only the inventory in Foshan increased by 4,200 tonnes, or 13.68...
Average alumina spot price in China slips by RMB 4/t to stand at RMB 2,814/t; A00 aluminium ingot price stands at RMB 20,070/t
On Friday, December 24, the average alumina spot price in China has gone down by RMB 4 per tonne to come in at RMB 2,814 per tonne, found the Shanghai Metals Market. The average alumina price in Guizhou has gone down by RMB 50 per tonne to come in at RMB 2,800 per tonne. In Lianyungang and...
Aluminium Dunkerque reduces metal output due to rise in power price
According to a labour union spokesman, Aluminium Dunkerque Industries France has reduced metal output in the last two weeks due to a rise in power rates. According to union official Laurent Geeraert, the reductions correspond to around 3% of Aluminium Dunkerque's manufacturing capacity. Since the...
