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.
LME aluminium price ascends by 0.97% to stand at US$2,706/t; SHFE benchamark price moves up by US$14/t
LME aluminium opened at US$2,682 per tonne on Wednesday morning and closed at US$2,686 per tonne, up US$6 per tonne or 0.22 percent. On Wednesday, November 3, LME aluminium cash (bid) price moved up by US$26.5 per tonne or by 0.98 percent to close at US$2,705.50 per tonne. LME aluminium official...
US aluminium plates, sheets, bars imports from Oman flaunt an increase of 36.25% Y-o-Y in July 2021
According to the US Geological Survey (USGS), the United States imported 8,720 tonnes of US aluminium plates, sheets, bars etc from Oman in July 2021, showing a month-on-month increase of 1,100 tonnes or by 14.43 percent. In June 2021, 7,620 tonnes of plates, sheets, bars were imported from Oman,...
Aluminium prices to stay high until next year, owing to high energy cost: Global Analysts
Price of aluminium will stay high until next year, since smelters have been compelled to cut production due to increased energy costs. On Monday, Global analysts stated that, the total price of aluminium in 2021 is expected to stand at US$2,450 per tonne and US$2,300 per tonne in 2022, up from...
Rusal’s largest stakeholders accept the demerger of higher carbon assets by H2 2022
On Monday, En+ group, one of the largest shareholders of Rusal stated that the company is expected to complete the demerger of its higher-carbon assets into a new business in the second half of 2022. Previously, Hong-Kong listed Rusal, largest producer of aluminium outside China had anticipated...
LME aluminium ascends by 0.66% to US$2,713/t; SHFE price increases by US$12
Three-month LME aluminium opened at US$2,742 per tonne yesterday and closed at US$2,719.5 per tonne, down 0.51 percent. On Monday, November 1, LME aluminium cash (bid) price soars up by US$18 or by 0.66 percent to stand at US$2,712.50 per tonne. LME aluminium official settlement price also ascended...
Alupro: The new sponsor of 2022 Student Starpack Awards
Alupro has been announced as the 2022 Student Starpack Awards' newest sponsor. The competition, which is organised by the Institute of Materials, Minerals, and Mining (IOM3), pushes university students to develop new packaging solutions to tackle difficulties given by top businesses. Established in...
MISIS researchers in collaboration with Russian experts develops 400°C resistant aluminium alloy
Researchers at the National University of Science and Technology (NUST MISIS) collaborated with other Russian experts to develop a low-cost aluminium alloy that can resist temperatures up to 150°C higher than its counterparts. The material, according to the experts who developed it, would...
UK’s Energy and Climate Change Minister visit Hynet decarbonisation project at the world’s largest aluminium recycling plant
HyNet, the UK's leading industrial decarbonisation programme, invited Greg Hands, the Minister for Energy and Climate Change, to Warrington to see Novelis, the world's largest aluminium recycling factory. The minister accompanied Warrington South MP Andy Carter to witness how HyNet hydrogen,...
US and EU concludes 3 years old dispute over aluminium and steel imports, says Commerce Secretary
On Sunday, Commerce Secretary Gina Raimondo said that the US and the European Union (EU) had achieved an agreement to end a three-year dispute over tariffs on steel and aluminium imports from the region. "We've reached an agreement with the EU which maintains the 232 tariffs but allows limited...
LME aluminium descends by 0.95% to US$2,695/t; SHFE price decreases by US$40
LME aluminium opened at US$2,749 per tonne last Friday morning and closed at US$2,733.5 per tonne, down US$14.5 per tonne or 0.53 percent. Both LME aluminium cash (bid) price and LME aluminium official settlement price decreased by US$26 or by 0.95 percent to total at US$2,694.50 per tonne and...
Downstream Weekly Recap: Aluminium scarce related to magnesium supply deficiency from China, says AMAG chief; India’s coal supply curb drags unrest in SMEs of aluminium supply chain
The global aluminium downstream segment has been in the spotlight this week due to a number of events. To begin with, the CEO of AMAG Austria Metall AG, Gerald Mayer cautioned by saying that the primary reason for the aluminium dearth is actually due to the shortage of magnesium supply that...
Crown Holdings secures ASI Performance Standard Certification
Crown Holdings, Inc. has been certified against the Aluminium Stewardship Initiative (ASI) Performance Standard for responsible production, sourcing, and stewardship of aluminium for the Crown Beverage Can Brazil Division Can Plants in Cabreva, S. Paulo; Estancia, Sergipe; Ponta Grossa, Parana; Rio...
Aluminium billet inventories in China loses 18,100 tonnes this week to total at 163,100 tonnes
According to the Shanghai Metals Market (SMM), aluminium billet inventories in China dropped by 18,100 tonnes week-on-week across five major consumption areas. As a result, the inventories totalled at 163,100 tonnes on Thursday, October 28. The major reason behind the decrease in aluminium billet...
Novelis to expand its Zhenjiang aluminium production and recycling facility by mid-2024
Novelis, the world's largest aluminium recycler, announced on Friday that it will spend $375 million in its Zhenjiang facility in China to enhance recycling and manufacture of aluminium products used in the car sector. Metal recycling will be critical in the energy transition, which will entail a...
University of Leeds advises aluminium industry to invest in green electricity
A research led by the University of Leeds has advised the industry that, in order to achieve the net zero objective, industry must accelerate investment in new technologies that allow materials to be manufactured using renewable power. The report warns that national programmes for replacing fossil...
LME aluminium increases by 0.62% to US$2,721/t; SHFE price ascends by US$124
On Thursday, October 28, both LME aluminium cash (bid) price and LME aluminium official settlement moved up by US$17 or by 0.62 percent to close at US$2,720.50 per tonne and US$2,721 per tonne respectively. 3-month bid price and 3-month offer price ascended to US$2,732 per tonne and US$2,733 per...
US aluminium crude metals and alloys imports from Argentina highlight an increase of 20.17% Y-o-Y in July 2021
According to the US Geological Survey (USGS), the United States imported 13,700 tonnes of crude metals and alloys from Argentina in July 2021, displaying a month-on-month ascend of 9,710 tonnes or by 243.35 percent. In June 2021, 3,990 tonnes of aluminium crude metals and alloys were imported from...
Tomra observes 15 years of X-Tract technology for sorting of aluminium
Tomra has made a long-term commitment to be a leader in the resource revolution. Through automated sensor-based sorting technologies, the business aims to enhance the aluminium industry's environmental performance. Tomra confirms once again that its famous performance continues to improve the...
