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 drops by 0.60% to US$2,888/t; SHFE price declines by US$69
Three-month LME aluminium opened at US$2,941 per tonne yesterday and closed at US$2,903 per tonne, a decrease of 0.89 percent. On Monday September 27, LME aluminium cash (bid) price dropped by US$17.5 or by 0.60 percent to stand at US$2,887.50 per tonne. The LME official settlement price also subsided by US$17.5 or by 0.60 percent to close at US$2,888 per tonne. 3-month bid price and 3-month offer price settled at US$2,903 per tonne and US$2,904 per tonne. December 22 bid price settled at US$2,777 per tonne and the offer price for the same day was recorded at US$2,782 per tonne. LME aluminium opening stock for September 27 closed at 1273750 tonnes. Live warrants closed at 687700 and cancelled warrants settled at 586050. For Monday, September 27, the LME aluminium 3-month Asian Reference...
Canpack initiates process journey for the upcoming facility in Eastern Indiana
In Eastern Indiana a beverage can company will be building a new factory. The initial process for the new factory has already begun and the new factory is expected to produce around 3.6 billion cans per year. The city of Muncie in the Indiana State of US witnessed the ceremony for the new aluminium can factory, which would be managed by Canpack, the subsidiary of Giorgi Global Holding Inc., a Polish company. According to Canpack, the factory will be able to accommodate around 340 employees. Tom Johnson, Regional Manager of US at CANPACK Group said: “The new factory will help meet the demand for more beverage cans in the U.S.” He further stated that the company is planning to commence its recruitment process by early next year and make the company ready in late 2022. 15 years of property...
Kalil Bottling Company experiences supply distress of aluminium beverage cans
Kalil Bottling Company, the leader in beverage distribution as well as a private bottler has been experiencing a major issue with their beverage cans supply. The distributing centre in El Paso, Texas revealed that it is becoming difficult for them to get aluminium for soft drinks cans in the past few months. According to John Kalil, the President of the company, “There’s a possibility that people will go shopping and not find what they want when they want it.” Mr Kalil also added that along with the need for the aluminium cans, the price for the aluminium cans includes the shipping and the cost of the import have also surged considerably. He further stated that the ‘Work from Home’ structure or the fact that people are spending more time at home, has led to the increased need for...
LME aluminium price decreases by 1.07% to US$2,905.50/t; SHFE price reduces by US$33
Three-month LME aluminium opened at $2,968 per tonne last Friday and closed at $2,929 per tonne, a decrease of 0.91 percent. On Friday September 24, LME aluminium cash (bid) price plunged by US$31.5 or by 1.07 percent to close at US$2,905 per tonne. The LME official settlement price also decreased by US$31.5 or by 1.07 percent to stand at US$2,905.50 per tonne. 3-month bid price and 3-month offer price settled at US$2,917.50 per tonne and US$2,918 per tonne. December 22 bid price was recorded at US$2,768 per tonne and the offer price for the same day stood at US$2,773 per tonne. LME aluminium opening stock for September 24 stood at 1281550 tonnes. Live warrants were recorded at 705575 and cancelled warrants stood at 575975. For September 24, the LME aluminium 3-month Asian Reference Price...
GZ Industries joins ASI as the Production and Transformation Member
GZ Industries (GZ Industries Limited Nigeria and GZ Industries SA (PTY) Limited -South Africa) has joined Aluminium Stewardship Initiative (ASI) as the Production and Transformation member. After the joining, the total number of members in ASI will become 196. GZ Industries (GZI) is one of the leading manufacturers and producers of the best aluminium beverage cans. GZ I is known for using top class manufacturing processes. Not only this, the high-speed beverage line ensures that they continue to remain sustainable, efficient, and innovative operationally. Managed by a team of experienced and diverse people, GZI is known for utilizing the resources optimally, enabling them to stay alert, cost-effective as well as a respected supplier in the industry. According to James Judson, Group Chief...
ARENA floats an investment plan to support zero-emission technologies, including the aluminium sector
The Australian Renewable Energy Agency (ARENA) has floated an investment plan which will support the technologies needed for the zero-emissions transition. Established in 2012, the Australian Renewable Energy Agency is an independent organisation of the Australian Federal Government. ARENA was established to manage the renewable energy program of Australia. The Australian Renewable Energy Agency (ARENA) expanded its remit to incorporate low-emissions technology. Not only this, but they have also released their Funding and Investment Plan which will be used to finance the low-emissions technology. The investment plan will provide funding for the projects that reduce the energy transition like energy storage, supporting the transition to low emissions aluminium and steel as well as...
Fraunhofer ISE comes up with cost-effective and innovative solder-free aluminium interconnection tech for shingled PV modules
Researchers at Fraunhofer Institute for Solar Energy Systems ISE have evolved an innovative interconnection technology for shingled PV modules. The developed model removes the need for screen-printed busbars and also electrically conductive adhesives. Furthermore, it also enables solder-free aluminium interconnection which is highly cost-effective and an easy solution for the interconnection of separated cells in single solar modules. According to Jan Nekarda, the Head of the Department of Production Technology at the Fraunhofer ISE, “We will show a mini-module made with our technology at our Fraunhofer ISE Booth at the upcoming Intersolar in Munich.” Under the conventional process, electrically conductive adhesives (ECAs) are used for connecting the shingled solar cells. These ECAs are...
LME aluminium price surges by 1.73% higher at US$2,937/t; SHFE price plunges by US$17/t
Three-month LME aluminium opened at $2,932.5 per tonne yesterday and rose to $2,977.5 per tonne before closing at $2,956per tonne, an increase of $19 percent or 0.65 percent. Open interest rose 1,590 lots to 308,000 lots, and trading volume was 161,000 lots. On Thursday September 23, LME aluminium cash (bid) price increased by US$50.5 or by 1.74 percent to stand at US$2,936.50 per tonne. The LME official settlement price surged by 1.73 percent or by US$50 to close at US$2,937 per tonne. 3-month bid price and 3-month offer price closed at US$2,950 per tonne and US$2,951 per tonne. December 22 bid price stood at US$2,603 per tonne and the offer price for the same day was recorded at US$2,608 per tonne. LME aluminium opening stock September 23 closed at 1289075 tonnes. Live warrants were...
Almost 50% of aluminium sheet that goes to USA beverage cans market comes from Russellville facility, claims Logan Aluminium
Aluminium cans are the most common part of our daily life. The aluminium cans that are used for storing beverages are formed in Russellville in Logan Aluminum. Around 50% of the aluminium sheet that is used for the beverage can market for the entire nation comes from Logan Aluminum. According to Paul Banks, the plant manager of Logan Aluminum, “We produce just a little over 2 billion pounds annually, so if you’re getting a 6 pack of Coke, Pepsi, or adult beverages, there’s a really good chance that half of that came right through Russellville Kentucky.” The work process inside the Lagon Aluminum is very interesting, with machines spinning and whirring as well as rolling out huge sheets of aluminium. “The thing about aluminium is that it’s one of the greenest packages ever made. We’re all...
US Aluminium Association praises the discovery of the Commerce Department of dumping some aluminium foils from 5 different countries
The US Aluminium Association, the aluminium sector trade group praised the United States Department of Commerce for their final ruling that some importers from Russia as well as four other different countries are dumping some aluminium foils on the American market. On 17 th September 2021, the Commerce Department revealed that aluminium foil experts from Russia, Armenia, Oman, Turkey, and Brazil have been filling up the US market with the below-market products. The commerce department imposed final countervailing and antidumping duties on some aluminium foil exporters. The duties imposed were in the range from 5.82 percent to 63.05 percent. Tom Dobbins, the President and CEO of the Aluminium Association said that the “move was a step in the right direction.” He further added, “Today’s...
LME aluminium price closes at 0.80% higher at US$2,887/t; SHFE price surges by US$108
Three-month LME aluminium opened at $2,853 per tonne yesterday and closed at an intraday high at $2,942 per tonne, an increase of US$89 per tonne or 3.13 percent. Open interest rose 13,000 lots to 295,000 lots, and trading volume was 187,000 lots. On Wednesday September 22, LME aluminium cash (bid) price surged by US$22.5 or by 0.78 percent to close at US$2,886 per tonne. The LME official settlement price inched by US$23 or by 0.80 percent to settle at US$2,887 per tonne. 3-month bid price and 3-month offer price stood at US$2,905.50 per tonne and US$2,906 per tonne. December 22 bid price was recorded at US$2,770 per tonne and the offer price for the same day was found to be US$2,775. LME aluminium opening stock for September 22 stood at 1304725 tonnes. Live warrants were recorded at...
Metso Outotec comes up with high capacity ‘Vertical Pressure Filter’ to extract optimized solids from aluminate solutions
The frontrunner in sustainable minerals processing technologies, end-to-end solutions and services globally, Metso Outotec introduced the Vertical Pressure Filter (VPF) to extract optimized solids from aluminate solutions. The VPF will also support removing suspended solids before alumina hydrate precipitation. This will further help in reducing the entrained particulate concentration from sodium aluminate solutions to a level of only a few milligrams per litre. The Vertical Pressure Filter (VPF) is a part of Metso Outotec’s portfolio of Planet Positive products and is created to improve the overall process performance, dressing costs, and also sustainability. Steps like the automatic cloth cleaning and cake discharge at the end of each filtration cycle provide the highest filtration time...
Larsen & Toubro commissions the expansion project of Hindalco’s Utkal Alumina refinery
India’s multinational conglomerate and the premier infrastructure developer, Larsen & Toubro (L&T) announced that its metallurgical and material handling business has commissioned the 0.5 million tonnes per annum (MTPA) expansion project of Hindalco’s Utkal alumina refinery located at Kucheipadar in the Rayagada district of Odisha. According to L&T, the expansion will increase the alumina production capacity of the refinery from 1.5 MTPA to 2 MTPA. The project was inaugurated by Naveen Patnaik, the Chief Minister of Odisha. The company further added: “L&T MMH has executed this project in a time-bound manner ensuring the most critical process units of the refinery are ready. The company used modular erection methods with sophisticated machinery for speedier project execution. L&T MMH team...
National Institute of Statistics data reveals Cameroon’s aluminium export dropped by 34.7%
The Cameroon government agency, the National Institute of Statistics published a report which revealed that the country exported 14,925 tonnes of aluminium in H1-2021 compared to the 22,869 tonnes exported in 2020 during the same period. This shows a year-on-year decline of 34.70%. One of the main reasons for the decline of aluminium export by Cameroon was due to the financial trouble which ALUCAM was countering, while it is the only producer of aluminium in the CEMAC region. The economic activities in Cameroon are gaining momentum after the negative impact of the pandemic on the local and international business, but ALUCAM’s operations are still under the negative radar. The decline in the number of productions for Cameroon for H1-2021 was more prominent than what they witnessed in 2020,...
LME aluminium price settles at 0.59% higher at US$2,864/t; SHFE price plunges by US$10
LME aluminium opened at US$2,866 per tonne on Tuesday morning and fell due to the strengthening of the US dollar, and closed at US$2,848 per tonne, down US$13 per tonne or 0.45 percent. Open interest fell 932 lots to 261,000 lots, and trading volume was 285,000 lots. On Tuesday, September 21, LME aluminium cash (bid) price inched by US$17 or by 0.59 percent to stand at US$2,863.50 per tonne. The LME official settlement price also surged by US$17 or by 0.59 percent to close at US$2,864 per tonne. 3-month bid price and 3-month offer price closed at US$2,878 per tonne and US$2,878.50 per tonne. December 22 bid price settled at US$2,728 per tonne and the offer price for the same stood at US$2,733. LME aluminium opening stock for September 21 was recorded at 1315975 tonnes. Live warrants...
Alupro appoints Hannah Lombard as new Digital Marketing Executive
The aluminium packaging recycling company Alupro has made public the appointment of Hannah Lombard, as the new Digital Market Executive. Hannah will be working with the Alupro team to inform, educate, and also update the public about the importance and circular properties of aluminium packaging. The year remained quite very successful for Alupro as the Kerbside recycling rates were the highest despite the Covid-19 situation going around in the world. Hannah’s responsibility will be to take control of the organisation's digital communications channels and also provide them with new ideas to involve more with the packaging industry, customers, and the households. According to Tom Giddings, the General Manager at Alupro, “At Alupro, we work to fulfil the industry’s obligation to meet and...
RUSAL strikes a deal with Budweiser Brewing Group to supply ultra-low carbon aluminium cans
Budweiser Brewing Group, the UK arm of AB InBev along with three other leading aluminium companies has come together to launch a can using the lowest carbon footprint for Budweiser Brewing Group, the UK arm of AB InBev. The three companies are RUSAL the largest producer of low carbon aluminium in the world, ELVAL one of the leading aluminium rolling company and CANPACK the global manufacturer of aluminium beverage cans. The initiative will lead to the production of around 5 million cans with the lowest carbon content for Budweiser. The cans will be 440ml and will be produced using the latest inert anode aluminium technology. This technology works by using renewable electricity. The 440ml cans will come with the lowest ever carbon content for the AB InBev group in Europe and is expected to...
California firefighters wrap aluminium blankets around Giant Sequoia trees to protect them against wildfires
General Sherman, the largest tree in the world is being covered with a huge aluminium sheet to protect it from the dangerous wildfire in the jungles of California. Located in the giant forest of Sequoia National Park in Tulare County, in the U.S. state of California General Sherman also known as the Giant Sequoia or Sierran redwood belongs to the redwood species which is endemic to California’s Sierra Nevada Mountains. The Giant Sequoia is one of the largest trees in the world with an average height of about 80 metres, with the trunk measuring around 7 to 8 metres in diameter. Around 2,000 species of the General Sherman tree can be found in the National Park. The ragging wildlife has made the park officials worried about the protection of the largest tree in the world. The largest tree in...
