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 benchmark price hikes by US$28/t; SHFE price grows to US$2784/t
Overnight, LME 3M aluminium opened at US$2,482 per tonne, hit a high of US$2,531 per tonne, a low of US$2,466 per tonne, and closed at US$2,466.5 per tonne, down US$14.5 per tonne or 0.58 per cent. On Thursday, August 22, both LME aluminium cash bid price and LME aluminium official settlement price gained US$27.5 per tonne or 1.12 per cent and US$28 per tonne or 1.14 per cent to settle at US$2,470 per tonne and US$2,471 per tonne. As per the LME data, both 3-month bid price and 3-month offer price added US$15 per tonne or 0.60 per cent to settle at US$2,492 per tonne and US$2,492.50 per tonne. On the same day, both December 25 bid price and December 25 offer price ascended by US$10 per tonne or 0.38 per cent to halt at US$2,623 per tonne and US$2,628 per tonne. LME aluminium opening stock...
Xiangtou Light Materials’ new project to boost aluminium ceramic disc brake production in Changsha
Hunan Xiangtou Light Materials Technology Co., Ltd (also known as Xiangtou Light Materials) has announced establishing a new production line in Changsha. With a total investment of around RMB 43.8228 million and an annual output capacity of 200,000 pieces of aluminium ceramic brake discs for passenger vehicles, the project is estimated to be completed within eight months. The project will include the following key components: An automated production line for manufacturing automotive disc bodies An automated production line for machining and testing automotive disc bodies A nitrogen gasification station Equipment foundations and civil engineering works Installation of production and auxiliary equipment Workshop internal pipeline networks and other mechanical, electrical, and piping systems...
Adidas takes home the sustainability crown at ‘2024 World Aluminium Aerosol Can Awards’: AEROBAL
The international organisation representing aluminium aerosol cans manufacturers (AEROBAL) has reportedly announced the winners of the industry's prestigious competition, the World Aluminium Aerosol Can Awards 2024. This year, top brands like Adidas, Grand Tongo, etc. bagged prizes under different categories. With its rigorous standards, the globally renowned AEROBAL Award has become a benchmark for outstanding performance in the aluminium aerosol can industry, attracting participants and recognition from around the world. The awards, judged by an international panel of trade journalists from the top can and packaging magazines, including World Aerosols, recognise excellence in three categories: 'Aluminium Aerosol Cans Already on the Market,' 'Prototypes,' and 'Sustainability.'...
First US airport to welcome INNOVIA 300 APM boasting aluminium body & regenerative brakes
The use of aluminium in trains has steadily increased in recent years and is likely to continue in the years to come. Aluminium can cut the total weight of a rail car body by half, making it a critical component in the railway industry’s shift. Aluminium is crucial in modernising trains and boosting energy efficiency. INNOVIA 300 APM vehicles Los Angeles International Airport (LAX) is set to become the first U.S. airport to utilise the INNOVIA 300 APM vehicles, featuring regenerative braking system. The outer layer of the INNOVIA 300 APM is composed of aluminium, thus indicating a steady increase in its use for train bodies. An APM (Automated People Mover) is a fully automatic system without drivers and usually moves along on a flat plane, which differentiates it from funicular railways....
LME aluminium benchmark price adds US$8/t to US$2443/t; SHFE price drops by US$11/t
Overnight, LME 3M aluminium opened at US$2,482.5 per tonne, with a high of US$2,495 per tonne, a low of US$2,452.5 per tonne, and closed at US$2,479 per tonne, down US$23 per tonne or 0.92 per cent. On Wednesday, August 21, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$8.5 per tonne or 0.34 per cent and US$8 per tonne or 0.32 per cent to settle at US$2,442.50 per tonne and US$2,443 per tonne. 3-month bid price and 3-month offer price ascended by US$11 per tonne or 0.44 per cent to peg at US$2,477 per tonne and US$2,477.50 per tonne. December 25 bid price and December 25 offer price added US$10 per tonne or 0.38 per cent to dock at US$2,613 per tonne and US$2,618 per tonne. LME aluminium opening stock came in at 877950 tonnes. Live warrants and...
Thailand initiates anti-dumping probe into aluminium extrusions import from China
Thailand’s Foreign Trade Department has launched an anti-dumping investigation into the import of aluminium extrusions from China. This action comes in response to complaints from domestic steel manufacturers who argue that the increasing volume of imports is affecting local production. Ministry to launch an investigation Caretaker Commerce Minister Phumtham Wechayachai has announced that the ministry is launching an investigation as part of a broader effort to manage the growing influx of Chinese goods into Thailand. A ministry source, speaking anonymously, revealed that Phumtham has instructed relevant agencies to implement policies and measures to safeguard local industries. “With the trade war happening, local steel operators are concerned about Chinese steel products being dumped in...
Link Powder Coating advances its sustainability game with Capral's LocAl® Green aluminium
Link Powder Coating has advanced its sustainability efforts by selecting Capral's LocAl® Green lower-carbon aluminium. This strategic choice demonstrates their dedication to environmental responsibility. Capral's LocAl® Green aluminium is produced as primary aluminium using alternative energy sources, which results in a significantly reduced embodied carbon footprint. "At eight kilograms of carbon emissions per kilogram of aluminium, the LocAl Green offer has significantly lower carbon emissions than the current global average for primary aluminium. It gives Australian manufacturers an important opportunity to make more responsible procurement decisions when they source extruded aluminium," said Luke Hawkins, Divisional GM Industrial and Supply Chain. Link Powder Coating’s sustainable...
Novelis' third Green Bond Report underpins its achievements in carbon reduction & sustainable innovation
Novelis Inc., a global leader in sustainable aluminium solutions and the foremost authority in aluminium rolling and recycling, is pleased to announce the successful fulfilment of its Green Bond financial commitments. This milestone highlights Novelis' unwavering commitment to sustainability, supported by substantial investments in environmentally-friendly projects. In its third Green Bond Report, Novelis outlines how these investments are fostering innovation and driving progress toward the company's objectives of reducing carbon emissions, energy consumption, water usage, and landfill waste. The projects featured in the Novelis Green Bond Report showcase the company's dedication to fostering innovation, advancing a circular economy for aluminium, and contributing to a more sustainable...
LME aluminium price hits 5-week high fuelled by alumina shortage in China; SHFE price gains US$28/t
Overnight, LME 3M aluminium opened at US$2,430 per tonne, with a high of US$2,506 per tonne and a low of US$2,418 per tonne, closing at US$2,476 per tonne, up US$30.5 per tonne or 1.25 per cent. On Tuesday, August 20, both the LME aluminium cash bid price and LME aluminium official settlement price hit a five-week high driven by a shortage of alumina, a key raw material for aluminium production in leading producer China, coupled with a weakening dollar that spurred fund buying. The price yesterday had augmented by US$65 per tonne or 2.74 per cent and US$65.5 per tonne or 2.76 per cent to clock at US$2,434 per tonne and US$2,435 per tonne. As per the LME price graph, 3-month bid price and 3-month offer price expanded by US$55.5 per tonne or 2.30 per cent to peg at US$2,466 per tonne and...
Hydro Alunorte becomes Northern Brazil's first alumina refinery to switch to natural gas
World's largest alumina refinery (outside China), Hydro Alunorte's recent fuel switch project is a key step towards Hydro's climate strategy and aligns with its global commitment to cut greenhouse gas emissions by 30 per cent by 2030. As per the reports, Hydro Alunorte's alumina refinery has begun using natural gas in its production process, replacing fuel oil. Alunorte's significant achievement With this, Alunorte has become the first refinery in northern Brazil to produce alumina using natural gas. The R$1.3 billion investment to transition from fuel oil to natural gas at Hydro Alunorte's alumina refinery is set to reduce the refinery's carbon emissions by 30 per cent. "Hydro will become the largest single consumer of natural gas in Brazil and the project reinforces our commitment to...
Mover program highlights aluminium’s impact on Brazil’s green mobility revolution
Aluminium, known for its lightweight, durability, and infinite recyclability, plays a crucial role in developing more efficient and sustainable vehicles. It is extensively used in both structural and propulsion components. With the introduction of the Green Mobility and Innovation (Mover) program, its significance in the Brazilian automotive industry is set to grow even further. Promoting increased use of aluminium in Brazil This initiative will promote increased use of aluminium and unlock new opportunities within the sector. Sanctioned in June 2024 by President Luiz Inácio Lula da Silva, the Mover program is designed to accelerate the decarbonisation of Brazil's automotive sector. It emphasises the development and production of electric and hybrid vehicles featuring aluminium and...
Power supply challenges lead to back-to-back production cuts at Tiwai aluminium smelter
The New Zealand Aluminium Smelter (NZAS) has agreed to further reduce its electricity consumption by an additional 20 megawatts to alleviate pressure on the national grid amid the current energy squeeze. This reduction comes on top of the 185MW demand cut the smelter recently implemented. Tiwai, the country's largest power consumer, typically accounts for around 13 per cent of New Zealand's total electricity usage under normal conditions. NZAS agreement with Meridian Energy NZAS has signed an agreement with Meridian Energy to release 20MW of electricity to the national grid over an estimated five-week period, including the ramp-down and ramp-up phases. This agreement is independent of the existing demand response arrangements with Meridian Energy and Contact Energy. It underscores the...
LME aluminium price skyrockets by US$76/t driven by positive US economic data; SHFE price expands by US$49/t
Overnight, LME 3M aluminium opened at US$2,367 per tonne, reached a high of US$2,449.5 per tonne and a low of US$2,365 per tonne, and closed at US$2,430 per tonne, up US$64.5 per tonne, or 2.73 per cent. On Monday, August 19, both LME aluminium cash bid price and LME aluminium official settlement price soared up by US$76 per tonne or 3.31 per cent to clock at US$2,369 per tonne and US$2,369.50 per tonne. 3-month bid price and 3-month offer price surged by US$68.5 per tonne or 2.92 per cent to halt at US$2,410.50 per tonne and US$2,411 per tonne. December 25 bid price and December 25 offer price gained US$62 per tonne or 2.49 per cent to dock at US$2,550 per tonne and US$2,555 per tonne. LME aluminium opening stock came in at 885375 tonnes. Live warrants and Cancelled warrants closed at...
Shenhuo Group's new research institute focuses on low-carbon aluminium production
On August 6, Shenhuo Group officially inaugurated its Innovation and Development Research Institute and Renewable Energy Research Institute. These institutes will concentrate on advancing and utilising renewable energy, producing electrolytic aluminium in an efficient and low-carbon manner, promoting green, intelligent, and efficient coal mining practices and controlling mine disasters. They will also focus on researching and promoting new aluminium-based materials, fostering green, intelligent, and high-end technologies, and spearheading research and development in key core technologies and leading products. In recent years, Shenhuo Group has actively pursued an "innovation-driven" strategy, significantly increasing scientific research and application investments. This approach has...
ASI accredits Triangle’s – Cycling Equipments with the Performance Standard V3 (2022) certification
Aluminium Stewardship Initiative (ASI) on August 16 announced the certification of Triangle's – Cycling Equipments, S.A against the ASI Performance Standard V3 (2022). The company, known for manufacturing aluminium frames for electric bicycles, utilises various aluminium components, including tubes, forgings, and castings. Their Agueda facility features an array of processes, such as welding, cutting, heat treatment, 3D laser cutting, ink machining, grinding, polishing, finishing, painting, hydroforming, bending, and strength testing. Additionally, the facility houses seven warehouses. The independent, third-party audit of Triangle's – Cycling Equipments, S.A. was carried out by DNV Business Assurance Services UK Ltd. The ASI Certification program, created through a thorough...
Upstream Weekly Recap: Ma'aden, ALRO, NALCO and other major players report strong financial performance
Aluminium is an essential component of the global economy. The rising demand for green metal clearly shows that no matter how many setbacks or blips come across, the market or the need for this green metal will never decrease. The upstream aluminium sector, encompassing bauxite, alumina, and primary aluminium recorded some important events. Top companies like NACLO, Century Aluminium, Ma’aden, ALRO and Hindalco released their financial results, reflecting significant growths. To begin with, Ma'aden, Saudi Arabia's premier mining company, announced a remarkable 160 per cent increase in profitability owing to a notable rise in sales volumes, particularly in primary aluminium and gold. ALRO reported a positive turnover of RON 1.697 billion, driven by stronger London Metal Exchange (LME)...
Radnor Hills and AMP team up to deliver aluminium canned water for upcoming golf events
Radnor Hills and Ardagh Metal Packaging (AMP) have collaborated to create custom ‘infinitely recyclable’ aluminium canned water designed to keep golfers refreshed at major professional events this year. The canned water will be accessible to players, caddies, and marshals from fridges and specially branded water coolers positioned around the tees and practice areas at various events. The companies reported that players such as Rory McIlroy, Bob MacIntyre, and Tom Kim were seen with the cans at a press conference during the Genesis Scottish Open. According to Metal Packaging Europe, 76 per cent of aluminium beverage cans are recycled throughout Europe, making metal packaging the most recycled beverage container. The organization highlights that when metal products reach the end of their...
youtheory launches its ocean-friendly omega capsule in sustainable aluminium packaging
California-based supplement brand youtheory, a member of the Jamieson Wellness family, has taken significant steps to protect marine life with its latest omega supplement and its eco-conscious packaging. The new Ocean-Friendly Omega capsules are derived from algae oil and will be packed in sustainable aluminium bottles, which youtheory's VP of Marketing, Cindy Sherman, describes as the "obvious choice" for an ocean-friendly, sustainable solution. Youtheory's sustainable move Similarly, when it came to packaging the product, youtheory aimed to go "above and beyond" in its commitment to protecting the ocean by eliminating plastic. Sherman points out that plastic often ends up in the ocean, posing a threat to fish and other marine life. The company's packaging criteria centred on three key...
