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.
Recycling weekly recap: Tesem and Constellium team up to revolutionise aluminium recycling
Tesem harnesses the distinctive properties of aluminium to meet the demanding durability and aesthetic requirements established by luxury perfume and cosmetics brands. They are teaming up with Constellium, the Spanish conglomerate that endeavours to reduce the carbon footprint linked with its...
Sustainability weekly recap: Hindalco secures 26% stake in Ayana Renewable for its Odisha smelter
Decarbonising and sustainable aluminium production is poised to become the foremost focus on the supply side in the coming years. The global aluminium industry is set to prioritise achieving net-zero and carbon-neutral, making it a central driving force in the sector. In its latest strategic move...
DFV partners with AkzoNobel to give its aluminium coating business a sustainable outlook
DFV, the distinguished Italian aluminium coating enterprise, is forging a strategic alliance with AkzoNobel Powder Coatings to maintain its vanguard position. Leveraging Interpon powder coating technology, DFV is revolutionising the appearance of aluminium, mimicking the natural allure of wood....
ASI announces the joining of Plus Pack as its new Downstream Supporter member
On Wednesday, February 7, the Aluminium Stewardship Initiative (ASI) announced the joining of Plus Pack as the new Downstream Supporter member. Plus Pack, one of the leading aluminium and plastic packaging solution providers, is committed to revolutionizing the single-use food packaging sector,...
Lidl’s green initiative: Return empty aluminium cans for uncapped shopping experience
Lidl, the widely known supermarket chain became the first to introduce reverse vending machines (RVM) in its Glasgow stores, allowing customers to receive five pence per container returned without any limit on the number of items. This initiative by Lidl, spanning all 21 stores in the city, will...
LME aluminium benchmark price hikes by US$25.5/t to US$2,221/t; SHFE market is closed for Chinese New Year
On Thursday, February 8, LME aluminium official settlement price hiked by US$25.50 per tonne to settle at US$2,221 per tonne. As per the LME data, both 3-month bid price and 3-month offer price grew by US$9 per tonne or 0.40 per cent and US$8 per tonne or 0.35 per cent to clock at US$2,237 per...
OEMs in the automobile sector record M-o-M growth in ADC12 aluminium ingot prices
Original equipment manufacturers (OEMs) in the automobile sector saw M-o-M surge in aluminium ADC12 alloy ingot prices, climbing by INR 6,000 per tonne to reach INR 204,000 per tonne, excluding GST, at the ex-works (exw) Delhi rate. Meanwhile, spot prices for ADC12 alloy ingots increased by INR...
European Commission advocates decarbonisation deal to achieve its 2040 emission goal; High energy cost dampens Europe’s aluminium output
In recent years, there has been a global resurgence in commitments to carbon neutrality, with countries worldwide revising their policies and strategies to attain these objectives. This movement has coincided with a remarkable increase in the adoption of electric vehicles and a substantial rise in...
China’s A00 aluminium ingot price falls by RMB10/t to RMB18,910/t; Australian alumina FOB price slips by US$6/t
China’s A00 aluminium ingot price has descended by RMB 10 per tonne to settle at RMB 18,910 per tonne as of Thursday, February 8. As per the SMM data, the prices have fallen in all the provinces. To begin with, the prices in Foshan and Gongyi have fallen by RMB 50 per tonne and RMB 10 per tonne to...
Zero Sugar, maximum flavour: Coca-Cola's spiced delight now available in 12oz aluminium cans
The American multinational corporation Coca-Cola is all set to spice things up with their newly launched 'Spiced Zero Sugar', the first permanent flavour to be introduced by the brand in three years. The new flavour will be available in both aluminium cans and pet bottles. Described as a fusion of...
Three subsidiaries of Nanhai Aluminum bag the National High tech Enterprises recognition for 2023
China-based Nanhai Aluminum Application Technology Group and three of its subsidiaries have been recognised as the 'National High Tech Enterprises' for 2023. Among these, subsidiaries of Nanhai Aluminum Application Technology Group, namely Guangdong Nanaluminum Construction Formwork Technology Co.,...
India’s imported aluminium scrap prices record W-o-W decline amidst falling futures
The Indian market for imported aluminium scrap has experienced a recent price decline, attributed to a drop in futures despite constrained material availability. Prices across all grades of aluminium scrap have notably decreased by as much as $140 per tonne on a week-over-week basis. As per...
Q4 2023: Crown Holdings reports Y-o-Y decline of 5.38% in net sales, owing to decreased volumes in other operations
Crown Holdings, one of the world's largest aluminium can manufacturers, has disclosed its financial performance for the fourth quarter and full year ending on December 31, 2023. The company reported a net income of $450 million for the financial year 2023 (FY23), compared to $727 million in FY22,...
LME aluminium benchmark price inches up by US$1/t to US$2,184.5/t; SHFE price hikes by US$24/t
LME aluminium opened at US$2,206 per tonne on Tuesday, with its low and high at US$2,203 per tonne and US$2,242 per tonne, respectively, before closing at US$2,229 per tonne, up 1.11 per cent. On Tuesday, February 6, both LME aluminium cash bid price and LME aluminium official settlement price...
Hindalco acquires 26% stake in Ayana Renewable to power its smelter in Odisha
Hindalco Industries has acquired a 26 per cent stake in Ayana Renewable Power Four for INR 1.62 crore in its latest move towards bolstering its renewable energy portfolio. This strategic investment aims to ensure a sustainable energy supply for its smelter in Odisha, with plans to provide 100 MW of...
Aluminium alloy (ADC12) prices surge by INR7000/t W-o-W owing to increased imported tense scrap prices
During the week ending on February 2, 2024, base metals prices experienced a significant downturn on the London Metal Exchange (LME), with three-month aluminium futures dropping by 1.8 per cent to $2,233 per tonne, while nickel settled at $16,235 per tonne, marking a 3.3 per cent decrease....
Tesem and Constellium unite to lead the charge in closed-loop aluminium recycling
Tesem leverages the unique qualities of aluminium to fulfil the durability and aesthetic standards set by luxury perfume and cosmetics brands. Collaborating with Constellium, the Spanish group aims to minimize the carbon footprint associated with its production of packaging components....
Shandong Nanshan’s aluminium plate project marks its way into the 2024 green development project list
Shandong Development and Reform Commission recently released the list of key projects in 2024 focusing on green, low-carbon, and high-quality development in the region. A total of 3 projects were selected for the list, which included – high-end lightweight aluminium plate belt project of Shandong...
