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.
Swisstek Aluminium scores a Hat-Trick, clinches the Best Management Practices Company Awards 2024
Swisstek Aluminium's brilliance in management excellence continues to shine, as demonstrated by its recent triumph at the highly esteemed Best Management Practices Company Awards 2024. These annual awards, hosted by CPM Sri Lanka, are a pinnacle of prestige, celebrating organizations, both public and private, that exhibit exceptional leadership, growth, and achievement through their management methodologies. Swisstek Aluminium proudly secured the Merit Award for the third consecutive year, reaffirming its commitment to unparalleled management standards. This recognition, particularly in the Construction Sector category, underscores the company's relentless pursuit of excellence, further cementing its position as a pioneering force within Sri Lanka's construction industry. Established in...
Meilixin Technology and ZF Friedrichshafen AG forge strategic alliance for technological advancement
Meilixin Technology and ZF Friedrichshafen AG inked a strategic cooperation pact on April 18th at Meilixin Modern Industrial Park. As per the agreement, both parties will enhance collaboration across various fronts, including technology research and development, process refinement, manufacturing, mould equipment, cost-effectiveness, efficiency enhancement, energy conservation, and environmental protection. Meilixin Technology, a renowned name in the industry, specialises in the research, development, production, and sales of aluminium alloy precision die castings. It caters to the communication and automobile sectors and delivers end-to-end solutions to clients. ZF, a global technology group with a stellar reputation, offers comprehensive solutions for passenger cars, commercial vehicles,...
China’s alumina & primary aluminium production reflected significant growth in Q1 2024
The Aluminum Branch of the China Non-Ferrous Metals Industry Association convened a symposium on April 16. The conference was organised for key aluminium enterprises highlighting the operational aspects of the industry for 2023 and the first quarter of 2024. Focus of the conference Regarding production, by the end of March 2024, China had achieved a completed capacity of 103.35 million tonnes per year for alumina and 44.43 million tonnes per year for primary aluminium. During the first quarter, the primary aluminium output was 10.59 million tonnes, marking increases of 6.1 per cent year-on-year. The focus was on addressing challenges and fostering discussions on strategies to propel the aluminium industry towards high-quality development. The meeting provided updates on the performance of...
LME aluminium price moves up to US$2,545/t; SHFE is closed for Labour Day Holiday
On Tuesday, April 30, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$8.5 per tonne or 0.33 per cent to settle at US$2,544.50 per tonne and US$2,545 per tonne. As per the LME price graph , 3-month bid price and 3-month offer price ascended by US$8.5 per tonne or 0.33 per cent to halt at US$2,575.50 per tonne and US$2,576.50 per tonne. December 25 bid price and December 25 offer price inched up by US$2 per tonne or 0.07 per cent to clock at US$2,682 per tonne and US$2,687 per tonne. LME aluminium's opening stock was 490750 tonnes. Live warrants and Cancelled warrants settled at 131875 tonnes and 358875 tonnes, respectively. On the same day, LME aluminium 3-month Asian Reference price hiked by US$14.48 per tonne or 0.56 per cent to US$2,580.94...
Henan Nonferrous Aluminum Processing Association welcomes Liu Jie as the new President
At the Seventh Member Representative Meeting of the Henan Nonferrous Aluminum Processing Association, Liu Jie, the General Manager of Mingtai Aluminum, was elected as the new President of the China-based association. Sixty-one representatives from 29 member enterprises actively participated in this event. Additionally, eight distinguished individuals were elected as Vice Presidents: Zhou Qingbo, General Manager of Zhongfu High-Precision Aluminum Ji Bingxu, Chairman of Longding Aluminum Lou Jianting, General Manager of Zhongse Technology Wu Jun, General Manager of Wanji Aluminum Processing Zhang Pengyu, Chairman of Chinalco Luoyang Aluminum Processing Chen Kai, General Manager of Shenhuo New Materials Wang Lutuan, General Manager of Wanda Aluminum Yuan Yu, President of Xichuan Aluminum...
Mirroring its 2030 sustainability goals with aluminium bottles: BlueTriton
BlueTriton, the water and beverage company has bolstered its dedication to sustainability by introducing its latest aluminium bottle packaging. This innovative bottle will soon be available for five of its prominent brands: Poland Spring, Deer Park, Ice Mountain, Arrowhead, and Pure Life. This strategic move mirrors the company's ambitious 2030 Sustainability Goals, which prioritise ensuring all packaging becomes entirely recyclable, reusable, or compostable. Having said this, the aluminium industry is making constant advancements in promoting the environmental efficiency of its production. The use of aluminium is highly encouraged for multiple end-use industries. Sustainable and environmentally conscious packaging solutions drive the demand for recycled aluminium in the packaging sector...
Alle Alumínio joins ASI as the new Production and Transformation member
Aluminium Stewardship Initiative (ASI) announced the joining of Alle Alumínio Ltda as the new Production and Transformation member. Based in Betim, Minas Gerais, Alle epitomises excellence, innovation, and dependability at its core, positioning us as the premier company in Minas Gerais for secondary aluminium alloy production. About Alle Alumínio As a cornerstone of the national aluminium market, Alle Alumínio provides its clientele with products renowned for their unrivalled quality and reliability, fostering the preservation of the company’s environment, cultivating business prospects for society, and championing the circular economy. Alle Alumínio furnishes the market with products boasting a "green aluminium" imprint by harnessing endlessly recyclable raw materials. The company's...
Korean market raises concern over US Government’s anti-dumping investigation targeting aluminium extrusion products
The preliminary ruling by the U.S. government on an anti-dumping investigation concerning imported aluminium products has sparked concerns within the Korean industry. In response to this development, the Korean Ministry of Trade, Industry, and Energy (MOTIE) convened a countermeasures meeting with relevant Korean industries at the Korea Chamber of Commerce and Industry in Seoul on April 29. About the meeting This meeting aimed to address the U.S. government's anti-dumping investigation specifically targeting aluminium extrusions. Initiated by the Aluminum Extruders Council, the U.S. Department of Commerce launched this investigation in October of the preceding year, encompassing aluminium extrusions from 15 countries, including Korea. Renowned for their high strength-to-weight ratio,...
LME aluminium price loses US$23/t to US$2,536.5/t; SHFE price drops by US$3/t
LME aluminium opened at US$2,567 per tonne in the previous trading day, with its high and low at US$2,595.5 per tonne and US$2,542.5 per tonne, respectively, before closing at US$2,588 per tonne, up US$27.5 per tonne or 1.07 per cent. On Monday, April 29, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$23 per tonne or 0.89 per cent to settle at US$2,536 per tonne and US$2,536.50 per tonne. As per the LME data, both 3-month bid price and 3-month offer price dipped by US$19.5 per tonne or 0.75 per cent and US$19 per tonne or 0.73 per cent to clock at US$2,567 per tonne and US$2,568 per tonne. On the same day, December 25 bid price and December 25 offer price moved down by US$8 per tonne or 0.29 per cent to halt at US$2,680 per tonne and US$2,685...
Alupro voices disappointment over delay in DRS by the UK Government
Last week, on April 25th, the UK government made a significant announcement regarding the Deposit Return Scheme (DRS) for drinks containers. They revealed that the scheme's implementation would be postponed until October 2027. Alongside this postponement, DEFRA disclosed several decisions regarding joint registration and reporting, labelling requirements, reciprocal returns, deposit levels, minimum container sizes, and strategies to address low-volume sales. Furthermore, they reiterated that the scheme in England, Scotland, and Northern Ireland would not cover glass drink containers. This decision was made due to concerns about the complexity and associated handling costs of glass containers. What Tom Giddings said Commenting on the announcement, Tom Giddings, executive director of...
Sula’s sustainability journey reaches new high with Gold-Level certification from IWCA
Nestled in the tranquil Nashik Valley of India, Sula Vineyards stands as a beacon of excellence, renowned for its exceptional wines and unwavering commitment to sustainable viticulture. Having said this, in a continued effort to sustainable packaging, the company also introduced many of its flagship wines in recyclable aluminium cans, showing its commitment towards lighter, more eco-friendly packaging solutions. Bagging the Gold-Level certification This unwavering commitment to ecological stewardship has propelled them to the forefront of global viticulture, earning them a coveted Gold-level certification from the International Wineries for Climate Action (IWCA) in Fiscal Year 2024 (FY24). Among the first ten wineries worldwide to achieve this honour, Sula's dedication to innovative...
Asistal Alüminyum joins ASI as the new Production & Transformation member
The Aluminium Stewardship Initiative (ASI) is a collaborative effort within the aluminium sector to advance sustainability across the entire value chain. ASI certification serves as a testament to the commitment of both aluminium producers and users to uphold high standards in social responsibility, environmental stewardship, and ethical practices, ensuring mutual benefits for all involved stakeholders. On Monday, April 29, ASI announced the joining of Asist Alüminyum Profil San. ve Tic (Asistal) as the new Production & Transformation member. As a leading global manufacturer, they operate in 40 countries across the Balkans, Europe, the Middle East, and Central America, enriching lives since 1994. The state-of-the-art production facilities span over 50,000 m² outdoor area, with an...
Cold Town Beer unveils bold new look: 3 new flavours in sleek and recyclable aluminium cans
Edinburgh's beloved microbrewery, Cold Town Beer, has embarked on an exciting journey of rebranding across its flagship and experimental craft beer lineup. Responding keenly to consumers' desires, the brewery now presents its brews in larger and bolder aluminium cans, reflecting a commitment to delivering a standout experience. This fresh identity isn't just about aesthetics; it's a narrative woven into every sip. The redesigned aluminium cans serve as a canvas, illustrating the brewery's rich history and progressive mission. Delving into the roots of the brand, one discovers its origins in the Carlton, or 'Cauld Toon', district of Edinburgh, where the very first lager in Britain was crafted back in 1835. In developing countries, the inclination towards aluminium beverage cans is on the...
China’s alumina spot price maintains the upward trajectory, grows to RMB3420/t; A00 aluminium ingot price gains RMB160/t
On Monday, April 29, the average alumina spot price gained RMB 30 per tonne to settle at RMB 3,420 per tonne. The alumina prices have shown growth in all the provinces, with the highest in Bayuquan, where it has hiked by RMB 70 per tonne to arrive at RMB 3,500 per tonne, followed by an upward movement of RMB 50 per tonne in Guangxi, where it settled at RMB 3,485 per tonne. In Guizhou and Shanxi, the alumina prices have expanded by RMB 40 per tonne and RMB 30 per tonne to stand at RMB 3,435 per tonne and RMB 3,400 per tonne. As per the SMM data, in Shandong and Henan, the alumina price has added RMB 20 per tonne to arrive at RMB 3,380 per tonne and RMB 3,420 per tonne. A00 aluminium ingot price On the same day, China’s A00 aluminium ingot price ascended by RMB 160 per tonne to RMB 20,590...
Downstream weekly recap: Hydro Extrusions’ third press line caters to the growing demand across construction & transportation sector
The aluminium downstream sector plays a critical role in the processing and utilization of aluminium, a versatile and lightweight metal with a wide range of applications. In 2024, the forecast for the downstream aluminium sector presents a blend of challenges and opportunities. The looming possibility of a global economic slowdown could potentially diminish demand for aluminium products across diverse sectors, consequently affecting downstream producers. Despite the prevailing economic slowdown, specific sectors such as construction, transportation (particularly electric vehicles and aerospace), and packaging are anticipated to sustain growth in demand for aluminium, stimulating downstream activity. While the construction industry may face a subdued market at the year's onset, optimism...
Montreal boosts recycling efforts with new aluminium cans deposit centre in Consignaction
On Earth Day, a new drop-off point was unveiled at 1301 Beaubien St. in Rosemont-La Petite-Patrie, offering a convenient way to recycle aluminium cans and bottles. This Consignaction Centre, the first of many planned for Montreal Island and across the province, is equipped with recycling machines and staffed with knowledgeable personnel. It's a hassle-free way to instantly exchange your bottles and cans for cash. The modernisation of Quebec's deposit-refund system means an increase in the number of accepted containers for recycling, with nearly 2.5 billion containers expected to be included. Plans are underway to expand the acceptance to a staggering five billion containers by March 1, 2025. Consignaction has already established a larger centre in Granby, catering to approximately 250...
Can-One USA aims to produce two billion aluminium beverage cans at its Nashua facility
Can-One USA, a division of the Malaysia-headquartered can manufacturing company Can-One, has commenced operations at its newly established facility in the United States. The plant, which spans 180,000 square feet and is located in Nashua, New Hampshire, anticipates an annual output of two billion aluminium beverage cans. “The company saw North America – particularly New England – as a market with tremendous opportunity,” said Can-One USA’s general manager Alvin Widitora. It will produce various aluminium can sizes, catering to the preferences of craft brewers and smaller beverage producers. These include the popular 12oz (355ml) and 16oz (473ml) versions, which are particularly favoured among producers in the sparkling water, juice, and other functional beverage categories. Partnership...
BasiGo’s momentum leap: Secures order for 500 e-buses from PSV owners
A Kenyan electric bus company headquartered in Nairobi, BasiGo, has secured a substantial order for 500 buses from public service vehicle (PSV) operators in Nairobi. This significant influx of orders marks a monumental leap for the company, catapulting its bus sales to nearly 24 times their current volume. Jit Bhattacharya, the founder and CEO of BasiGo, expressed enthusiasm about the development, noting that the firm has already received deposits for the orders. Bhattacharya emphasized the company's commitment to promptly fulfilling these orders and delivering the buses to the buyers as expeditiously as possible. As per AL Circle's new industry-focus report - "Global ALuminium Industry Outlook 2024" , aluminium usage in the transportation sector stood at 27.5 million tonnes in 2023. The...
