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.
US aluminium scrap export to Indonesia descends by 16.05% Y-o-Y in September 2021
According to the US Geological Survey (USGS), the United States exported 7,370 tonnes of US aluminium scrap to Indonesia in September 2021, showing a month-on-month hike of 170 tonnes or by 2.36 percent. In August 2021, 7,200 tonnes of US aluminium scrap was exported to Indonesia, showing a slip of 1,810 tonnes from 5,390 tonnes in July 2021. On a year-on-year calculation, US aluminium scrap exported to Indonesia in September 2021 sloped down by 1,410 tonnes or by 16.05 percent from 8,780 tonnes. From January to September, the exported aluminium scrap to Indonesia closed at 55,000 tonnes. For the same period last year, the amount settled at 75,900 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...
Average alumina spot price in China slips by RMB 52/t to close at RMB 3,020/t; A00 aluminium ingot price climbs up by RMB 80/t
On Friday, December 10, the average alumina spot price in China has slumped by RMB 52 per tonne or by 1.69 percent to settle at RMB 3,020 per tonne, found the Shanghai Metals Market. The average alumina price in Henan and Shanxi has slipped by RMB 50 per tonne to settle at RMB 3,010 per tonne and RMB 3,000 per tonne. On the other hand in Shandong the price has dipped by RMB 75 per tonne to register in at RMB 3,100 per tonne, as of December 10. For provinces like Lianyungang and Bayuquan, the price has remained unchanged and totalled at RMB 3,150 per tonne and RMB 3,200 per tonne. The average alumina spot price in Guizhou has dropped by RMB 50 per tonne to come in at RMB 3,150 per tonne, while the price in Guangxi has dwindled by RMB 55 per tonne to close at RMB 2,965 per tonne. The...
Aluminium billet inventories in China grows by 13,800 tonnes this week to close at 85,500 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China escalate by 13,800 tonnes week-on-week across five major consumption areas. As a result, the inventories settled at 85,500 tonnes as of Thursday, December9. Only in Nanchang, inventories fell by 2,900 tonnes, or 21.82 percent, from Thursday, December 2. The inventories of the other four key markets all increased, with Foshan accounting for the most of the 8,500 tonnes rise (35.42 percent). The rise in weekly inventories was mostly due to additional aluminium billet deliveries and slow downstream demand. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium inventories climbed up by 8,500 tonnes this week to total at 32,500 tonnes. In Wuxi,...
Saturnose manufactures new aluminium-ion-battery aiming to replace lithium-ion-batteries
Saturnose, a US-based battery development company, is working on an aluminium-ion battery that it hopes to commercialise next year. The Delaware-based company is testing an improved altered aluminium ion (Ea2I) battery with an energy density of 550Wh/L, which is 20 percent higher than the best lithium-ion battery energy density of 475Wh/L, according to the company. The Ea2I battery has an average of 10,000 cycles of use, which is twice as many as a lithium-ion battery's maximum 5,000 cycles. Saturnose claims that its driving range in an electric vehicle (EV) is over 1,000 kilometres, much exceeding the 800 kilometres claimed by the finest lithium-ion battery on the market. The company's objective is to gradually replace lithium-ion batteries, which are not cost-effective. Saturnose's new...
China’s aluminium industry becomes highly reliant on foreign supply for bauxite
China's aluminium sector, the world's largest, is growing increasingly reliant on foreign supply of the ore needed to produce the metal, highlighting the country's long-term reliance on imported raw materials. Alumina, an intermediate substance created from bauxite ore, is used to make the aluminium needed for aircraft, beverage cans, etc. According to state-owned researcher Beijing Antaike Information Development Co., 49 percent of this material will come from imported ore in China next year, up from 47 percent this year and roughly 30 percent in 2015. Imports of bauxite might reach 130 million tonnes in 2022, up from roughly 110 million tonnes this year. Domestic mining has been hampered by depletion of local resources, dropping ore grades, and harsher environmental laws, resulting in a...
US aluminium plates, sheets, and bars import from Oman hikes by 29.50% Y-o-Y in September 2021
According to the US Geological Survey (USGS), the US imported 6,380 tonnes of US aluminium plates, sheets and bars from Oman in September 2021, showing a month-on-month decrease of 2,670 tonnes or by 29.50 percent. In August 2021, 9,050 tonnes of US aluminium plates, sheets, and bars were imported from Oman, showing descend of 330 tonnes from 8,720 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, and bars imported from Oman in September 2021 hiked by 3,200 tonnes or by 100.62 percent from 3,180 tonnes. From January to September, the imported aluminium plates, sheets, and bars from Oman totalled at 66,600 tonnes. For the same period last year, the amount registered at 46,200 tonnes. As per the data shared by the USGS, the total amount of aluminium plates,...
LME aluminium price inches up by US$0.5/t to stand at US$2,625/t; SHFE price decreases by US$6/t
LME aluminium opened at US$2,625 per tonne last night and closed at US$2,635 per tonne, an increase of US$10.5 per tonne or 0.4 percent. On Wednesday, December 8, LME aluminium cash (bid) price inched by US$0.5 per tonne or by 0.01 percent to peg at US$2,625 per tonne. LME aluminium official settlement price increased slightly by US$1 per tonne or by 0.03 percent to close at US$2,626 per tonne. 3-month bid price and 3-month offer price stood at US$2,625 per tonne and US$2,627 per tonne. December 22 bid price and December 22 offer price totalled at US$2,618 per tonne and US$2,623 per tonne. LME aluminium opening stock was recorded at 894350 tonnes. Live warrants for the same day totalled at 710375 tonnes and cancelled warrant closed at 183975 tonnes. LME aluminium 3-month Asian Reference...
Aluminium packaging recycling rate surges 15% Y-o-Y in 2021; EFW collection increases by 8%
Aluminium package recycling rates have once again reached record-breaking levels, according to Q3 figures issued by the Environment Agency in November, and appear to be on course to exceed their annual objective. In the third quarter of 2021, 39,974 tonnes of aluminium packaging were collected for recycling, which recorded a surge of 15 percent Y-o-Y from 34,700 tonnes in the previous year. From January to September, the total amount of aluminium packaging collected for recycling was 121,277 tonnes. For the same period last year, 111, 754 tonnes of aluminium packaging were collected, an increase of 9 percent in 2021. With a net yearly need of 134,243 tonnes and a carry-in of 8,326 tonnes, all indicators point to a record-breaking recycling rate for 2021, even though three months of the...
Portland aluminium smelter to become country’s first smelter to run on renewable energy
Alinta Energy, an Australian energy business, has announced intentions to develop a 1GW wind farm 10 kilometres off the coast of Portland, Victoria. The project would make the Portland aluminium smelter one of the country's first to run entirely on renewable energy. It will provide energy to the Portland Aluminium Smelter as well as to the east coast electricity grid. Alinta announced on Tuesday that the Spinifex offshore wind project will cost up to $4 billion and would create new construction and operational jobs, as well as assist safeguard jobs at the smelting site. Before finalising the $4 billion project, wind monitoring, site assessments, investment and consultations are planned to take place next year. “The area we’re investigating is around 500km and about ten kilometres from the...
Average alumina spot price in China descends by RMB 68/t to stand at RMB 3,127/t; A00 aluminium ingot price hikes by RMB 100/t
The average alumina spot price has been in the declining phase since November 25. According to the Shanghai Metals Market, the average alumina spot price has shrunk by RMB 68 per tonne or by 2.12 percent to close at RMB 3,127 per tonne, as of December 8. The average alumina price in Henan and Shanxi has slipped by RMB 25 per tonne and by RMB 75 per tonne to come in at RMB 3,115 per tonne. In Guizhou, the price has remained unchanged and closed at RMB 3,240 per tonne. The average alumina price in Shandong and Guangxi has descended by RMB 40 per tonne and RMB 15 per tonne, as of December 8. The price for both the provinces has been recorded at RMB 3,250 per tonne and RMB 3,050 per tonne for the same day. In Lianyungang and Bayuquan the price has remained the same to come in at RMB 3,150 per...
Vedanta Aluminium partners with IDCO to set up an Aluminium Park in Jharsuguda
On Tuesday, December 7, Vedanta Aluminium Business, a branch of Vedanta Limited, one of the leading aluminium manufacturers in India, invited aluminium companies to the Enterprise Odisha 2021 event. The offer is to become a partner in the company's aluminium park project in Jharsuguda, Orissa. Vedanta Aluminium has teamed up with the Odisha Industrial Infrastructure Development Corporation (IDCO) to build the Vedanta Aluminium Park near its Jharsuguda aluminium plant. Water, electricity, hot metal supply, a dross processing facility, and other amenities will be available to enterprises who establish production units in the park. “With the objective to develop a thriving ecosystem of aluminium-based SMEs and MSMEs in Jharsuguda, Vedanta is committed to supply 3 lakh metric tonnes of...
EU’s circular aluminium action plan aims to collect and recycle all aluminium products to the fullest
European Aluminium, located in Brussels, was created in 1981 to represent the European aluminium sector. They actively interact with decision makers and the broader stakeholder community to promote aluminium's remarkable characteristics, ensure growth, and maximise their metal's contribution to meeting Europe's sustainability problems. The EU's proposed European Green Deal and its aims to mitigate climate change and reduce CO2 emissions include a heavy focus on circularity. Achieving a genuinely circular economy also opens up significant new commercial prospects in Europe. Building on its long-standing commitment to sustainability, the aluminium sector is dedicated to assisting in the implementation of the European Green Deal. Since 1990, the industry has achieved a 55 percent reduction...
US aluminium crude metals and alloys export to Canada shrinks by 23.99% Y-o-Y in September 2021
According to the US Geological Survey (USGS), the United States exported 5,290 tonnes of US aluminium crude metals and alloys to Canada in September 2021, showing a month-on-month plunge of 140 per tonne or by 2.57 percent. In August 2021, 5,430 tonnes of US crude metals and alloys were exported to Canada, showing a surge of 490 per tonne from 4,940 tonnes in July 2021. On a year-on-year calculation, US aluminium crude metals and alloys exported to Canada in September 2021 nosedived by 1,670 tonnes or by 23.99 percent from 6,960 tonnes. From January to September, the exported aluminium crude metals and alloys to Canada closed at 50,700 tonnes. For the same period last year, the amount closed at 63,700 tonnes. As per the data shared by the USGS, the total amount of aluminium plates,...
Average alumina spot price in China drops by RMB53/t to close at RMB 3,195/t; A00 aluminium ingot price shrinks by RMB 90/t
According to the Shanghai Metals Market, on Tuesday, December 7, the average alumina spot price has dropped by RMB 53 per tonne or by 1.63 percent to settle at RMB 3,195 per tonne. The average alumina price in Shandong and Henan has slipped by RMB 60 per tonne to total at RMB 3,290 per tonne and RMB 3,200 per tonne. On the other hand, in provinces like Lianyungang and Bayuquan, the price has stayed the same and closed at RMB 3,150 per tonne and RMB 3,200 per tonne. On the other hand, the average alumina price in Guizhou and Guangxi has declined by RMB 10 per tonne to settle at RMB 3,240 per tonne and RMB 3,065 per tonne, as of December 7. In Shanxi also the price has shrunk by RMB 60 per tonne to come in at RMB 3,190 per tonne. Australian alumina FOB price, on the other hand, has...
LME aluminium falls by US$47.5/t to close at US$2,600.50/t; SHFE price shrinks by US$23/t
LME aluminium opened at US$2,622.5 per tonne on Monday and ranged between 2,581.5-2,633 per tonne before closing at US$2,594 per tonne, a drop of US$22 per tonne or 0.84 percent. Open interest fell 1,667 lots to 665,000 lots, and trading volume was 11,593 lots. Both LME aluminium cash (bid) price and LME aluminium official settlement price declined by US$47.5 per tonne or by 1.79 percent to stand at US$2,599.50 per tonne and US$2,600.50 per tonne, as of Monday, December 6. For the same day, 3-month bid price and 3-monthoffer price closed at US$2,585 per tonne and US$2,586 per tonne. December 22 bid price and December 22 offer price was recorded at US$2,488 per tonne and US$2,493 per tonne. LME aluminium opening stock totalled at 898450 tonnes. Live warrants and cancelled warrants for the...
Breweries in Phoenix likely to be affected by the surge in price of aluminium cans
In 2022, beer drinkers may have to pay extra for their beloved artisan beverages. Aluminium cans are in low supply due to supply chain difficulties. Furthermore, wholesalers have modified the minimum quantity of cans required to satisfy an order, making it more difficult for small breweries to purchase their usual quantities of cans. "We actually have a number of sources of cans but usually when someone like Ball's Caliber makes a change, the industry tends to follow the leader. We were lucky to get a shipment of cans these last few weeks," stated Adam Wojcik, PHX Beer Co.'s brewery director. The news of Ball Corp., aluminium can producer increasing the minimum amount of cans that some makers must purchase from one truckload to five truckloads, has already sent shockwaves throughout the...
Aluminium Association’s new campaign focusses on the sustainable benefits of aluminium
On December 2, the body representing aluminium production and jobs in the United States, the Aluminium Association declared the launch of the Choose Aluminium campaign. This campaign comes loaded with a fresh website at www.chooseAluminum.org, digital media buy, important materials emphasizing the sustainable properties of 100% recyclable and durable metals. It also includes videos of workers and aluminium stalwarts. The campaign follows the debut of the Aluminium Association’s new website, earlier this month. The ads, videos and website highlight how aluminium is paving out sustainable solutions in various sectors like beverage packaging, recycling, construction, building, automotive production and many more. The campaign also features how the aluminium sector in North America has cut...
US aluminium plates, sheets, and bars import from South Africa plunges by 31.71% Y-o-Y in September 2021
The United States imported 3,510 tonnes of US aluminium plates, sheets, and bars from South Africa in September 2021, showing a month-on-month drop of 3,780 tonnes or by 51.85 percent, finds the US Geological Survey (USGS). In August 2021, 7,290 tonnes of US aluminium plates, sheets, and bars were imported from South Africa, showing a hike of 6,270 tonnes from 1,020 tonnes in July 2021. On a year-on-year calculation, US aluminium plates, sheets, and bars imported from South Africa in September 2021 plunged by 1,630 tonnes or by 31.71 percent from 5,140 tonnes. From January to September, the imported aluminium plates, sheets, and bars from South Africa totalled at 26,200 tonnes. For the same period last year, the amount was recorded at 25,500 tonnes. According to the data shared by the...
