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.
CBA’s Metalex to increase its aluminium scrap melting capacity
Companhia Brasileira de Alumnio (CBA), based in São Paulo, has stated that its Metalex Ltd. subsidiary has increased its billet production capacity and is investing in its ability to utilise scrap at the Metalex melt plant. Metalex in Araçariguama, Brazil, has increased its billet production capacity from 75,000 to 90,000 tonnes per year thanks to a new sidewell-style furnace, according to CBA. Metalex describes the investment as "the first step" of a US$20.6 million investment to develop its recycled-content aluminium manufacturing, according to a news release on its website. According to CBA, the second stage of the expansion will include the construction of a new recycling plant that will increase the existing scrap consumption in the billet manufacturing mix from 60 percent to 80...
Jamaican PM reassigns Clarendon Alumina Production duties to Finance Ministry
Prime Minister Andrew Holness has reassigned the responsibility for Clarendon Alumina Production (CAP) to the Finance Ministry. Previously, the Transport Ministry was in charge of CAP. The alumina firm is currently embroiled in a huge dispute over a multi-million dollar contract with the overseas-based CCPA Capital Partners, which is heading the JAMALCO refinery's incorporation. According to Jamaica House, the government would attempt to settle the issues highlighted in the public arena in the spirit of transparency. "It is also in the national interest that CAP's and JAMALCO's critical strategic initiatives continue without interruption," said a spokesperson in a statement. The government owns a 45 percent stake in JAMALCO through CAP. Because of the unincorporated character of the...
LME aluminium price surges by 1.41% to close US$2,691/t; SHFE price descends to close at US$2,995/t
LME aluminium opened at $2,689 per tonne on Tuesday and closed at $2,672.5 per tonne, a drop of $22.5 per tonne or 0.83 percent. LME aluminium cash (bid) price moved up US$37 per tonne or by 1.39 percent to total at US$2,690 per tonne, as of Tuesday, November 23. LME aluminium official settlement price also grew by US$37.5 per tonne or by 1.41 percent to settle at US$2,691 per tonne. 3-month bid price and 3-month official settlement price closed at US$2,684.50 per tonne and US$2,685 per tonne, respectively. December 22 bid price and December 22 offer price settled at US$2,647 per tonne and US$2,652 per tonne. LME aluminium opening stock totalled at 935750 tonnes. Live warrants and cancelled warrants for the same day were recorded at 573950 tonnes and 361800 tonnes. LME aluminium 3-month...
Primary aluminium weekly recap: Aluminium smelter explosion in China’s Yunnan province fuels surge in price of the metal; Scottish Govt. compelled to unveil the guarantee provided to Sanjeev Gupta’s GFG Alliance
The global primary aluminium segment has been in the spotlight this week due to a number of events. To begin with, Ali Al Baqali, the Chief Executive Officer of Aluminium Bahrain B.S.C. (Alba), received the 'People First Leader Award' at the GCC GOV HR Awarding Ceremony 2021 on October 26, 2021. It was followed by the news of Navratna CPSE National Aluminium Company Limited (NALCO) receiving the Non-Ferrous Best Performance Award 2020-21 in the large scale manufacturing unit category. The primary aluminium segment also witnessed, Deeptaman Mukherjee, Director of Commodities for Vedanta's Aluminium Business, claimed on November 18, 2021 that annual aluminium output in India might reach five million tonnes in the next five to six years, a 25 percent increase from present levels. On October...
Recycled aluminium weekly recap: Hydro announces to invest in a new a state-of-the art aluminium recycling plant at Cassopolis; Nupur Recyclers files draft prospectus for IPO with NSE Emerge
The global aluminium recycling segment has been in the spotlight this week due to a number of events. To begin with, PyroGenesis Canada Inc. joined Aluminium Stewardship Initiative (ASI), as the new General Supporter member. This was followed by the news that the Aluminium Association and the Can Manufacturers Institute coming up with an updated analysis showing the aluminium beverage container's numerous environmental benefits over competitor packaging materials. Consumers recycle aluminium cans at a rate more than twice that of plastic (PET) bottles, according to the research, which updates numerous key performance indicators (KPI) for 2020. On National Recycling Day on Monday, November 15, the Atlanta Hawks and State Farm Arena announced a multi-year partnership with Novelis, the world...
LME aluminium price descends by US$20.5/t to settle at US$2,607.50/t; SHFE price soars up by US$9/t
LME aluminium opened at US$2,610 per tonne on Thursday and closed at US$2,624 per tonne, an increase of US$15.5 per tonne or 0.59 percent. On Thursday, November 18, LME aluminium cash (bid) price dropped down by US$20 per tonne or by 0.76 percent to close at US$2,607 per tonne. For the same day, LME aluminium official settlement price also descended by US$20.5 per tonne or by 0.78 percent to total at US$2,607.50 per tonne. 3-month bid price and 3-month offer price totalled at US$ 2,595 per tonne and US$ 2,596 per tonne. December 22 bid price and December 22 offer price for the same was recorded at US$ 2,563 per tonne and US$ 2,568 per tonne. On November 18, LME aluminium opening stock stood at 948650 tonnes. Live warrants and cancelled warrant totalled at 577750 tonnes and 370900 tonnes,...
Alcoa’s ASTRAEA process can convert unused aluminium scrap to high quality products
Alcoa is working on a technology to convert low-quality aluminium scrap to a purity level that exceeds that of commercial smelters, potentially allowing sources of discarded aluminium scrap, known as Zorba, to be utilised. According to Alcoa, their ASTRAEA process can purify any aluminium scrap to a high enough degree to possibly generate a new value chain. Alcoa's technological roadmap contains elements that will assist the business achieve its objective of creating a sustainable aluminium sector, including the ASTRAEA process. The majority of smelters produce P1020, or commodity-grade metal. This means there's 0.1 percent silicon and 0.2 percent iron in it. Depending on the technique utilised, most smelters have the technological competence to manufacture up to P0404, with a few...
Aconity3D reaches milestone by achieving 60% faster print speed with Equispheres aluminium
Aconity3D, a 3D printer company, and Equispheres, an AM powder expert, have reached an early and promising milestone in a collaboration effort. The firms achieved 60 percent quicker printing rates without losing mechanical qualities using Aconity3D's 1-kW MIDI system and Equispheres' aluminium powder. Aconity3D and Equispheres have been collaborating since early 2021, when Equispheres, located in Canada, chose Aconity3D to be a part of its lab expansion project. Aconity3D has been testing Equispheres' aluminium powder for the manufacturing of a component for the AconitySCAN, a system built into the company's range of powder bed fusion printers, as part of the cooperation. The objective was to employ Equispheres' aluminium powder to speed up the part's manufacture compared to traditional...
US aluminium scrap imports from Mexico grow by 50.92% Y-o-Y in August 2021
According to the US Geological Survey (USGS), the United States imported 16,300 tonnes of aluminium scrap from Mexico in August 2021, showing a month-on-month descends of 1,700 tonnes or by 9.44 percent. In July 2021, 18,000 tonnes of aluminium scrap were imported from Mexico, showing a drop down of 4.25 percent from 18,800 tonnes in June 2021. On a year-on-year calculation, aluminium scrap imported from Mexico in August 2021, moved up by 5,500 tonnes or by 50.92 percent from 10,800 tonnes. From January to August2021, the imported aluminium scrap by the United States stood at 139,000 tonnes. For the same period last year, the amount exported by Mexico was recorded at 95,100 tonnes. Based on the reports shared by the United States Geological Survey, the total amount of aluminium plates,...
Welsh Aluminium Fabricator receives regeneration project in Bridgewater
Welsh aluminium fabricator, Dudley’s Aluminium has been awarded a project in Bridgwater that is destined to become an iconic attraction for locals and visitors alike. Dudley's Aluminium, which was created in 1993, will collaborate on Northgate Yard, a mixed-use revitalization project in the heart of the Somerset town, with Willmott Dixon Construction. The 40,000-square-foot leisure and entertainment complex will include a seven-screen cinema, an eight-lane bowling alley, a sports bar, and eateries, with Scott Cinemas and Allstars Bowling as its initial tenants. An outdoor children's play area and manicured parks will be added to the neighbouring Brewery Field. In addition to Kawneer commercial doors and capped and structural silicone glazed curtain walling, Dudley's Aluminium will install...
Enterprise Odisha 2021: Vedanta Aluminium plans to collaborate with entrepreneurs and start-ups
At Enterprise Odisha 2021, Vedanta Aluminium Business, India's biggest manufacturer of aluminium and its value-added products, revealed intentions to work on innovation and technology with entrepreneurs and start-ups. The 23rd edition of Enterprise Odisha, organised by the Confederation of Indian Industry (CII) in partnership with the Government of Odisha, included important companies from several industries, including Vedanta Aluminium. “Driven by innovation and technology, Odisha is poised to be a Trillion Dollar Economy in the next decade. I thank the Hon’ble CM of Odisha, Shri. Naveen Patnaik ji, for creating a favourable environment which has fostered 360-degree development in the state. We remain strongly committed to development of Odisha.Vedanta has planned major investments in...
Aluminium billet inventory in China drops by 11,700 tonnes this week to close at 100,500 tonnes
Aluminium billet inventories in China dropped again by 11,700 tonnes week-on-week across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories closed at 100,500 tonnes as of Thursday, November 18. The main reason behind the decline in aluminium billet inventories this week was primarily due to Foshan, whose inventory declined by 14.44 percent to close at 6,500 tonnes for the week, followed by Wuxi, whose inventory dropped by 13.54 percent to settle at 3,100 tonnes. The key causes include still-low billet arrivals and a heated transaction market amid declining aluminium prices that week, which resurrected the downstream market. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan,...
US aluminium plates, sheets, bars imports from China grow by 80.18% Y-o-Y in August 2021
According to the US Geological Survey (USGS), the United States imported 20,000 tonnes of plates, sheet, bars from China in August 2021, showing a month-on-month ascend of 10,290 tonnes or by 105.97 percent. In July 2021, 9,710 tonnes of plates, sheets, bars were imported from China, flaunting a decrease of 10.91 percent from 10,900 tonnes in June 2021. On a year-on-year calculation, plates, sheets, bars imported from China in August 2021, ascended by 8,900 tonnes or by 80.18 percent from 11,100 tonnes. From January to August 2021, the imported plates, sheets, bars by the United States settled at 95,600 tonnes. For the same period last year, the amount exported by China totalled at 82,100 tonnes. Based on the data shared by the United States Geological Survey, the total amount of...
LME aluminium price decreases by US$0.5/t to close at US$2,628/t; SHFE price moves up by US$22/t
The most-liquid SHFE 2201 aluminium contract increased RMB 90 per tonne to settle at RMB 18,630 per tonne in overnight trading. Three-month LME aluminium rose 1.38 percent to end at US$2,608.5 per tonne last night. Both LME aluminium cash (bid) price and LME aluminium official settlement price decreased slightly by US$0.5 per tonne or by 0.01 percent to total at US$2,627 per tonne and US$2,628 per tonne, as of Wednesday, November 17. 3-month bid price and 3-month offer price closed at US$2,621.50 per tonne and US$2,622.50 per tonne, respectively. December 22 bid price and December 22 offer price for the same day was recorded at US$2,585.00 per tonne and US$2,590.00 per tonne. On November 17, LME aluminium opening stock closed at 956750 tonnes. Live warrants and cancelled warrant for the...
Alupro welcomes UK government’s much-anticipated Environment Act
The UK government's Environment Act has finally got Royal Assent, more than two years after it was initially presented. Environment Secretary George Eustice thinks the Act would offer "the most ambitious environmental programme of any country on earth," outlining the government's sustainability strategy, clarifying environmental governance post-Brexit, and mapping out the transition to a more circular economy. Legislative drivers to end species decrease by 2030, improve air quality, safeguard the health of our rivers, track deforestation, and revolutionise our waste management system are among the key provisions. These improvements will be driven by legally mandated objectives, with the newly formed Office for Environmental Protection holding both the government and public bodies...
Hindalco regains the place of world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 2021
Hindalco Industries has once again bagged the title of world’s most sustainable aluminium firm in the Dow Jones Sustainability Indices 2021. In the 2021 edition of the S&P Dow Jones Sustainability Indices (DJSI) corporate sustainability assessment (CSA) rankings, Hindalco was ranked first in the aluminium industry for its sustainability performance. Hindalco is the sole aluminium business to be admitted to the elite DJSI World Index in 2021, and its membership in the DJSI Emerging Markets Index remains unchanged. The inclusion on the list, according to Hindalco Managing Director Satish Pai, is a tribute to the company's comprehensive strategy and demonstrates its commitment. The firms in this index account for 10% of the world's 2,500 biggest corporations by market capitalization. This...
US aluminium crude metals and alloys exports to Mexico moves up by 1.55 % Y-o-Y in August 2021
According to the US Geological Survey (USGS), the United States exported 7,820 tonnes of US aluminium crude metals and alloys to Mexico in August 2021, displaying a month-on-month decrease of 1210 tonnes or by 13.39 percent. In July 2021, 9,030 tonnes of aluminium crude metals and alloys were exported to Mexico, showing a decrease of 21.47 percent from 11,500 tonnes in June 2021. On a year-on-year calculation, US aluminium crude metals and alloys exported to Mexico in August 2021, moved up by 120 tonnes or by 1.55 percent from 7,700 tonnes. From January to August 2021, the exported aluminium crude metals and alloys to Mexico settled at 78,400 tonnes. For the same period last year, the amount totalled at 53,400 tonnes. According to the data shared by the United States Geological Survey,...
Aluminium cans supply expected to remain tight: Wilcraft Can
Sean Kingston is the owner of WilCraft Can, a mobile canning firm that helps craft breweries package their beer around Wisconsin and the adjacent states. According to him, the COVID-19 outbreak boosted demand for aluminium beverage cans as breweries of all sizes moved away from kegs and toward packaged goods that could be drunk at home. According to Kingston, the supply of cans is still limited more than a year later. Every customer, from tiny packaging companies like his to large brands, has a certain allotment of cans from the company who create them. "We created an allocation with the specific can supplier we’re working with late last year. So they are able to provide us with our allocated amount. We actually only had one miss on an allocation, where they were not able to supply,” said...
