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.
China’s A00 aluminium ingot price opens the week with a fall of RMB 150/t; Aluminium powder price inches down by RMB0.1/kg
On Monday, June 24, China’s A00 aluminium ingot price has slumped by RMB 150 per tonne to settle at RMB 20,260 per tonne, with the spot contract price expected to be traded at a discount price of RMB 80 to RMB 40 per tonne. The average price for the same day is likely to orbit between RMB 20,240 per tonne and RMB 20,280 per tonne. Region-wise price fall As per the SMM data, the prices have dropped in all the major provinces, with the highest in Tianjin, where it has descended by RMB 180 per tonne to halt at RMB 20,310 per tonne, followed by a fall of RMB 160 per tonne at Gongyi and Foshan. The prices in Gongyi and Foshan have settled at RMB 20,130 per tonne and RMB 20,070 per tonne. In Wuxi, Hangzhou and Chongqing, the domestic aluminium ingot prices have fallen by RMB 150 per tonne to...
LME aluminium benchmark price loses US$8.5/t to US$2452.5/t; SHFE price drops to US$2802/t
The previous trading day, LME aluminium opened at US$2,522.5 per tonne, hit a high of US$2,537.5 per tonne and a low of US$2,501 per tonne, and closed at US$2,513 per tonne, down US$8 per tonne, a decrease of 0.32 per cent. On Friday, June 21, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$8 per tonne or 0.32 per cent and US$8.5 per tonne or 0.34 per cent to clock at US$2,452 per tonne and US$2,452.50 per tonne. 3-month bid price and 3-month offer price also went down by US$5 per tonne or 0.19 per cent to settle at US$2,503 per tonne and US$2,504 per tonne. December 25 bid price and December 25 offer price dipped by US$5 per tonne or 0.18 per cent to reside at US$2,647 per tonne and US$2,652 per tonne. LME aluminium opening stock came in at...
PACES: The newly launched lightweight aluminium EV platform by WEVC
The UK-based EV startup Watt Electric Vehicle Company (WEVC) has recently unveiled a new lightweight modular EV architecture titled PACES. WEVC presents PACES as a versatile bonded aluminium platform easily adapted to various sizes and shapes for low-volume passenger EVs. The platform accommodates FWD, RWD, and AWD powertrain configurations, employing an innovative assembly method called FlexTech. This technique interlocks and bonds flat, laser-cut pieces, avoiding the use of complex and costly corner castings typically found in large-volume aluminium skateboard platforms. About PACES This new lightweight modular EV architecture is designed to support a variety of low-to-medium-volume vehicle designs, including sports coupes, off-road buggies, and rideshare vehicles. Committed to...
Lightweight, strong & ready for battles: Aluminium’s legacy in the defence industry
In the ever-evolving landscape of defence, where speed, agility, and resilience define the edge between victory and defeat, aluminium emerges as a silent but formidable ally. Renowned for its lightweight yet robust nature, aluminium is revolutionising a wide array of defence applications—from the construction of agile aircraft and resilient naval vessels to the development of cutting-edge armoured vehicles and advanced weaponry. Its unique properties—lightweight, high strength, and resistance to harsh environments—make it an essential material, transforming military capabilities and redefining the landscape of defence technology. The first military use of aluminium dates back to 1892, when the French government employed it for their torpedo boats. The U.S. Army soon followed, albeit with...
LME aluminium benchmark price gains US$17.5/t; SHFE price inches up by US$1/t
On the previous trading day, LME aluminium opened at US$2,495 per tonne, reached a high of US$2,520 per tonne, a low of US$2,484 per tonne, and closed at US$2,489.5 per tonne, down US$6 per tonne, a decrease of 0.24 per cent. On Wednesday, June 19, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$17.5 per tonne or 0.72 per cent to clock at US$2,444.50 per tonne and US$2,445 per tonne. This rise was driven by short covering after recent declines caused by disappointing industrial output figures from China. As per the LME price graph, both 3-month bid price and 3-month offer price gained US$21 per tonne or 0.86 per cent and US$20 per tonne or 0.80 per cent to halt at US$2,502 per tonne and US$2,503 per tonne. On the same day, December 25 bid price...
Tom Giddings to sport vibrant homemade suit crafted using aluminium cans at the Red Bull Soapbox Race
Colleagues from Every Can Counts are gearing up for the upcoming Red Bull Soapbox Race on Saturday, June 22nd, at Alexandra Palace. With the aim to draw attention towards the topic of recycling and how aluminium plays a vital role in it, Every Can Counts will be competing against 55 other teams with its one-of-a-kind soapbox cart. Tom Giddings to sport aluminium cans suit Dubbed "Chitty Chitty Can Can" through a public poll on social media, their soapbox resembles a recycling collection truck with a stylish twist. Resembling a recycling collection truck with a style twist, their soapbox is a sight to behold. It boasts a striking paint job, chrome engine pipes, and a plush fur interior, all designed to make it a standout on the track. Every Can Counts has left no stone unturned to ensure...
'MetalMatters' campaign in Powys highlights the benefits of recycling aluminium cans & foils
Powys County Council has launched a new campaign to boost kerbside recycling rates by encouraging households to recycle their metal packaging. This includes items such as food and drink cans, aluminium foil and trays, empty aerosols, and metal screw tops. The 'MetalMatters' programme, led by the Aluminium Packaging Recycling Organisation (Alupro), aims to spread awareness about the benefits of metal recycling through targeted social media and digital messaging, school visits, and community outreach initiatives. Starting in June, the six-week campaign aims to engage with the majority of Powys' 67,000+ households. Since its inception in 2012, over 121 local authorities have implemented MetalMatters, leading to improved recycling rates. As per AL Circle’s report, titled ‘Aluminium Foil and...
Rockman Industries elevates industry presence by joining AL Biz
Indian auto components manufacturer Rockman Industries has grown into a globally acclaimed supplier of high-quality automotive components. Established in 1960 and headquartered in Delhi, the company has been successfully enlisted by AL Biz to its list of 2100+ sellers. Over the years, Rockman Industries has become an industry leader in aluminium die casting, machining, and painted assemblies, serving the needs of esteemed motorcycle manufacturers and automobile OEMs worldwide. Today, Rockman Industries is a trusted name in the production of alloy wheels for two-wheelers and four-wheelers, setting benchmarks for performance and reliability. Rockman Industries specializes in manufacturing a diverse array of mechanical components: Cylinder heads Cylinder blocks Crankcases Crankcase covers...
LME aluminium benchmark price dwindles by US$45.5/t; SHFE price gains US$17/t
The previous trading day, LME aluminium opened at US$2,519.5 per tonne, reached a high of US$2,523.5 per tonne, a low of US$2,476.5 per tonne, and closed at US$2,507.5 per tonne, down US$15.5 per tonne, a decrease of 0.61 per cent. On Monday, June 17, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$45.5 per tonne or 1.84 per cent and 1.82 per cent to clock at US$2,419.50 per tonne and US$2,420 .50 per tonne. As per the LME aluminium price graph, both 3-month bid price and 3-month offer price slumped by US$44 per tonne or 1.73 per cent and US$43 per tonne or 1.69 per cent to peg at US$2,485 per tonne and US$2,487 per tonne. December 25 bid price and December 25 offer price contracted by US$37 per tonne or 1.39 per cent to dock at US$2,618 per...
Chinalco Shanxi New Materials hosts key symposium on aluminium-magnesium industrial chain
On June 4th, Chinalco Shanxi New Materials hosted a symposium to explore the primary enterprises within the aluminium-magnesium industrial chain. The symposium's main focus was on the primary initiatives undertaken by Chinalco Shanxi New Materials in chain stabilisation, chain introduction, and chain strengthening. About the event Member from the Management Committee of Yuncheng Economic and Technological Development Zone emphasised that as the "chain owner" of the aluminium and magnesium deep processing industrial chain in Yuncheng City, Shanxi Province, the company will continue to embrace this role. Many important officials, such as a professor from the North University of China, the Deputy General Manager of Chinalco Shanxi New Materials, and others, attended the event. Leveraging its...
Milestone unlocked: Ball Corporation leads with 100% renewable energy in its Brazilian operations
Ball Corporation, the global leader in innovative aluminium packaging, has unlocked another significant milestone by powering its Brazilian operations with 100 per cent renewable energy, six years ahead of its global deadline. About the accomplishment This was accomplished by purchasing renewable electrical energy, supported by I-REC certificates, ensuring 100 per cent of Brazil's electrical energy consumption is from renewable sources. With this achievement, Brazil joined Paraguay and Chile as the third country in South America to reach this goal. Ball Corporation's global targets include reaching 75 per cent renewable energy usage by 2025 and achieving 100 per cent by 2030. This significant accomplishment not only highlights the leadership and dedication to implementing sustainable...
Improved hydropower reserves in Yunnan drive China’s aluminium production to new high
China's aluminium production reached an all-time high last month as smelters resumed operations, potentially setting the stage for further price declines following a two-year peak in May. Improved hydropower reserves in Yunnan Heavy rains have replenished hydropower reserves in Yunnan, enabling smelters to restart after droughts previously reduced their electricity supply. Insights from Bloomberg Intelligence (BI), a trusted source in the financial industry, indicate that an additional 330,000 tonnes of capacity is expected to resume in Yunnan this month. Furthermore, BI forecasts a decrease in aluminium prices in June, attributing it to softened demand following the recent price surge. According to the statistics bureau on Monday, aluminium production surged by 7.2 per cent Y-o-Y,...
LME aluminium benchmark price descends by US$32.5/t; SHFE price loses US$33/t
The previous trading day, LME aluminium opened at US$2,539 per tonne, reached a high of US$2,552.5 per tonne and a low of US$2,502 per tonne, and closed at US$2,523 per tonne, down US$21.5 per tonne, a decrease of 0.84 per cent. On Friday, June 14, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$31 per tonne or 1.24 per cent and US$32.5 per tonne or 1.30 per cent to clock at US$2,465 per tonne and US$2,465.50 per tonne. As per the LME data, 3-month bid price and 3-month offer price dipped by US$28 per tonne or 1.09 per cent and US$27.5 per tonne or 1.07 per cent to peg at US$2,529 per tonne and US$2,530 per tonne. December 25 bid price and December 25 offer price slumped by US$25 per tonne or 0.93 per cent to dock at US$2,655 per tonne and...
End user weekly recap: Riding towards sustainability with the world’s first bicycle rim featuring Hydro CIRCAL 100R
Aluminium has increasingly become pivotal across diverse industries due to its versatility, lightweight properties, and sustainability. From cans to bicycle frames, aluminium's adaptability and capacity to enhance product performance underscore its critical role across various end-use sectors. Other key attributes like corrosion resistance, high strength-to-weight ratio, and recyclability make it indispensable in modern manufacturing, promoting energy efficiency and environmental sustainability. This week, the end-user sector of the aluminium industry has witnessed a lot of significant events – Pedalling towards net zero with world’s first bicycle rim featuring Hydro CIRCAL 100R In 2023, a collaboration between Hydro, the Norwegian company specializing in aluminium and renewable energy,...
Robotic canines featuring aluminium amuse audiences at the Roboverse Expo
The Roboverse Expo, a collaboration between Manorama Online and Jain University, has captivated attendees of all ages, especially children. Held at the Rajiv Gandhi Indoor Stadium in Kadavanthra, Kochi, the event showcased intriguing exhibits, prominently featuring playful robot dogs. Each 15 kg robot dog, a unique blend of aluminium alloy and robust engineering plastic, was a standout at the Roboverse Expo. These dogs, with their 12 knee joint motors, showcased a wide range of movements, from jumping and sitting to waving, circling, and even standing on their hind legs. About the robots Powered by an 8-core high-performance CPU, these robots boast a battery capacity of 8000 mAh, with an option to upgrade to 15000 mAh. These robotic canines proved to be a favourite among young visitors,...
Chanel secures the top spot in ETMA’s aluminium tube category
The winners of the esteemed 'Tube of the Year 2024 Award' by the European Tube Manufacturers Association (ETMA) have been revealed. The selection occurred on May 23, 2024, during ETMA’s annual conference in Warsaw. A panel of seven jurors from member companies identified the top tubes across five categories: aluminium, plastic, laminate, prototypes, and sustainability. ETMA’s Secretary General, Gregor Spengler, stated, ‘European tube manufacturers have once again demonstrated their strong innovative strength and creativity in this year’s competition. This is demonstrated not least by the large number of tubes submitted for the competition in the prototypes category. I am particularly pleased about this, as I see it as an indicator of the wealth of ideas of our member companies, which is a...
Tianjin Zhongwang’s second hot rolling plant sets new benchmark in power efficiency
Through the continuous dedication of all personnel at Tianjin Zhongwang’s second hot rolling plant, the project "Reducing Power Consumption in the Rolling Workshop" has yielded remarkable outcomes. By April, electricity consumption had decreased by 15.3 per cent compared to the previous year, resulting in savings approaching nearly RMB 4 million from this single initiative. About the second hot rolling plant The second hot rolling plant, in its commitment to the company's lean management principles, has taken a unique approach. It has tailored initiatives to its specific production and operational realities, with a focus on reducing consumption, enhancing efficiency, and optimizing yield. At the heart of these strategies are various lean improvement projects that have been meticulously...
Scandium Canada announces successful 3D printing of two aluminium alloys
Scandium Canada Ltd. has announced notable advancements in creating a fully integrated scandium supply chain, from mining to various downstream applications. Since 2021, Scandium Canada has partnered with McMaster University to innovate the 3D printing process using aluminium-scandium powders. Advancements in 3D printing These proprietary powders, developed by Scandium Canada, are specifically designed to produce parts that are difficult to manufacture using conventional methods. The company is pleased to announce the successful 3D printing of two aluminium alloys enhanced with scandium. Previous challenges related to solidification cracking have been effectively addressed. The company prioritises integrating these innovations into industries characterised by rapid adoption cycles....
