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.
India’s imported aluminium scrap market witnesses notable upswing owing to improved demand
The Indian market for imported aluminium scrap has experienced a significant upturn in prices, driven by a surge in futures, heightened demand, increased freight rates, and limited material availability in the western part of the country. Prices for all grades of aluminium scrap have witnessed a notable week-on-week increase of $60-70 per tonne. As per reports, the tense scrap of Middle Eastern origin has risen by $60 per tonne to reach $1,720 per tonne. Meanwhile, scrap prices from the US have also increased by $35 per tonne to $1,775 per tonne week-on-week. Insiders in the market attribute the elevated freight rates to the conflict in the Red Sea, which has notably contributed to the surge in scrap prices, particularly in western India. Additionally, there are reported discrepancies in...
Newly launched canning system by Wild Goose caters to aluminium cans of all sizes
Wild Goose, an innovator in the realm of craft canning and bottling systems, has introduced the Spirit line of canning machines. The newly launched canning machines, namely the Gosling Spirit™ and the Evolution Series Spirit™, are optimised for improved availability across all sizes of aluminium cans. One of the notable features of the Spirit line is its compatibility with the increasingly popular single-serving 100-millilitre steel can format. These machines are designed to meet the unique needs of distilleries, providing advanced technology and precision in the canning process. "We have seen a lot of parallels between craft distilleries and craft breweries. Wild Goose was a pioneer in craft beer canning, selling our first systems to brewers in 2011. Now, with the availability of smaller...
Beer Institute applauds legislative move to safeguard against unjust aluminium tariffs
The Beer Institute, the longstanding national trade association dedicated to representing the beer industry, issued a response following the introduction of H.R.7078, known as ‘The False Claims Enhancement Act,’ by Rep. Ken Buck (CO-04). This proposed legislation aims to establish accountability for aluminium producers who impose tariffed prices on non-tariffed metal. The False Claims Enhancement Act explicitly outlines that it violates the False Claims Act for entities, such as aluminium producers, to inaccurately impose a tariff in a private contract where no tariff obligation exists and the funds are not directed to the government. This provision serves as a robust deterrent against individuals or organisations attempting to include a government-mandated charge when it is not warranted...
Vivalda Group sets a new standard with MetSkin, a UK-manufactured aluminium cladding marvel
The Vivalda Group has introduced MetSkin, a novel solid aluminium cladding system designed and manufactured in the UK, tailored explicitly for residential high-rise or municipal projects. This comprehensive and thoroughly tested system is produced in-house by MSP Façade Solutions, a subsidiary of the Vivalda Group located in Cumbernauld. MetSkin is available in three distinct configurations: Interlocking Plank (2mm thickness) Hook-on Cassette (3mm thickness) Tray Panel (3mm thickness) Systems Fabricated from a "premium grade" non-flammable solid aluminium sheet, the product undergoes a chrome-free powder coating process on-site to meet the Qualicoat standard. The powder coating is carried out by Prism Powder Coating, a sister company within the group that has earned the prestigious status...
LME aluminium price grows by US$12.5/t to US$2,226.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,254.5 per tonne on Tuesday, with its low and high at US$2,247.5 per tonne and US$2,277.5 per tonne, respectively, before closing at US$2,271.5 per tonne, up 0.91 per cent. On Tuesday, January 30, both LME aluminium cash bid price and LME aluminium official settlement price ascended by US$12.5 per tonne or 0.56 per cent to stand at US$2,226 per tonne and US$2,226.50 per tonne. As per the LME aluminium data , 3-month bid price and 3-month offer price hiked by US$15.5 per tonne or 0.68 per cent and US$14 per tonne or 0.62 per cent to stand at US$2,264.50 per tonne and US$2,265 per tonne. December 25 bid price and December 25 offer price gained US$14 per tonne or 0.56 per cent to stand at US$2,502 per tonne and US$2,507 per tonne. LME aluminium 3-month Asian...
S&P Global CSA 2023: Vedanta Aluminium earns no.1 position as the world leader in sustainable aluminium production
Vedanta Aluminium, the largest aluminium producer in India, proudly announces its top-ranking position in the prestigious S&P Corporate Sustainability Assessment (CSA) rankings for the aluminium industry during the 2023 assessment period. This significant achievement reaffirms Vedanta Aluminium as the world's leading sustainable aluminium producer, surpassing its global counterparts in environmental, social, and governance (ESG) practices. The S&P Global Corporate Sustainability Assessment (CSA) stands as an annual litmus test for companies' commitment to sustainability, encompassing a vast array of over 10,000 global entities. Renowned for its rigorous evaluation, the CSA meticulously scrutinizes sustainability criteria that are both industry-specific and financially impactful, earning...
China’s A00 aluminium ingot price declines by RMB570/t M-o-M; Aluminium powder price inches down to RMB21.4/kg
On Tuesday, January 30, China’s A00 aluminium ingot price dropped by RMB 80 per tonne to settle at RMB 19,010 per tonne, with the average prices between RMB 18,990 per tonne and RMB 19,030 per tonne. As per the data, the SMM aluminium ingot price decreased by RMB 570 per tonne M-o-M from RMB 19,570 recorded on December 29. As of today, the spot contract price may be traded at a discount price of RMB 10 to a premium price of RMB 30 per tonne. The prices in Gongyi and Foshan have descended by RMB 130 per tonne and RMB 120 per tonne to clock at RMB 18,850 per tonne and RMB 19,000 per tonne, followed by a fall of RMB 100 per tonne in Chongqing to settle at RMB 18,990 per tonne. On the same day, the price in Shenyang decreased by RMB 90 per tonne to reach RMB 19,030 per tonne. The A00...
Lucid Motors strikes a 3-year deal with MRC for high-quality aluminium sheets
Maaden Rolling Company (MRC), a wholly-owned subsidiary of the Saudi Arabian Mining Company (Maaden), has recently entered into a three-year supply agreement with Lucid Motors, a prominent US electric car manufacturer. The deal, formalized during the Future Minerals Forum, involves the provision of high-quality aluminium sheets with varying specifications. This collaboration underscores Madden's commitment to actively contributing to advancing the global energy transition. MRC, a company wholly owned by Ma'aden, boasts a production capacity of 460,000 tonnes annually. Its current manufacturing portfolio includes can sheets, end and tab stock utilized in beverage can production, and auto sheets tailored for the automotive industry. Headquartered in Newark, California, Lucid Group, Inc. is...
Yunnan Yongshun Aluminium successfully launches the 6MW photovoltaic DC connection
Yunnan Yongshun Aluminium Company successfully launched the 6MW photovoltaic DC connection to power its much-awaited electrolytic aluminium project following the deactivation of vacuum contactors in prefabricated compartments for photovoltaic 1 and 2 DC power routers. This pioneering project embraces innovative approaches, incorporating low-voltage DC conversion and protection devices. By surpassing traditional power supply technology barriers, the project enables the direct power supply of photovoltaic DC and electrolysis series. Additionally, it facilitates on-site consumption of distributed photovoltaics, enhancing the company's renewable energy utilization and efficiency levels. Implementing this cutting-edge technology supports green power direct supply and is crucial in advancing...
Dive into the refreshing fusion of spirits and cranberry with Absolut's newly launched RTD in aluminium cans
Absolut has officially launched its new ready-to-drink (RTD) collection, featuring the perfect blend of Absolut Vodka and Ocean Spray Cranberry Juice. The newly launched RTD beverage comes packed in sustainable aluminium cans and is now accessible in the United States, offering a convenient and delicious way to enjoy the classic combination. Ocean Spray is making its inaugural foray into the spirits category by licensing its authentic juice credentials for a ready-to-drink (RTD) offering in aluminium cans. This marks the first time the renowned brand is venturing into the spirits sector, bringing its real juice expertise to elevate the drinking experience in this new and exciting format. "Absolut Vodka and Ocean Spray Cranberry Juice have long been enjoyed together at bars and in homes...
Alumex capped off an exceptional 2023 with 14 awards, cementing its role as a pinnacle in aluminium extrusion
Alumex PLC, a luminary in the world of aluminium extrusion, celebrated the culmination of a stellar 2023 marked by triumphs and victories. The company clinched over 14 prestigious awards in the past year and solidified its role as a pioneer in sculpting the canvas of Sri Lanka's export realm. Alumex achieved significant recognition at the 25th Presidential Export Awards in 2023, securing the prestigious title of "Overall Emerging Exporter of the Year 2021/2022" and earning a merit award in the Light Engineering sector. This accomplishment stands as a testament to the company's steadfast commitment to excellence. Additionally, Alumex clinched the Silver award in the Machinery and Light Engineering Sector at the 31st NCE Exporter Awards, further solidifying its position as a notable player...
LME aluminium benchmark price closes the week with a hike of US$23.5/t; SHFE price loses US$7/t
LME aluminium opened at US$2,234.0 per tonne last Friday, with its high and low at US$2,283.0 per tonne and US$2,233.5 per tonne, respectively, before closing at US$2,258.0 per tonne, up by US$26.0 per tonne or 1.16 per cent. On Friday, January 26, both LME aluminium cash bid price and LME aluminium official settlement price gained US$23.5 per tonne or 1.07 per cent to settle at US$2,211.50 per tonne and US$2,212 per tonne. LME aluminium 3-month bid price and 3-month offer price ascended by US$21 per tonne or 0.94 per cent and US$20 per tonne or 0.89 per cent to peg at US$2,249 per tonne and US$2,250 per tonne. December 25 bid price and December 25 offer price hiked by US$23 per tonne to reside at US$2,493 per tonne and US$2,498 per tonne. LME aluminium opening stock came in at 546250...
Downstream aluminium recap: Taural and Indian Railways collaborate on advanced aluminium casting solutions
The downstream segment of the aluminium industry holds a pivotal position in the processing and application of aluminium—a versatile and lightweight metal renowned for its diverse uses. This sector is instrumental in serving various industries including automotive, aerospace, construction, packaging, and electrical. The expansion of this sector is propelled by a combination of innovation, sustainability, and the growing need for lightweight, corrosion-resistant, and environmentally friendly materials in contemporary manufacturing. This week, the global aluminium downstream segment witnessed a lot of important events. To begin with, Taural India, a leading integrated aluminium foundry on the global stage, is thrilled to unveil its strategic collaboration with Indian Railways, a pivotal...
Primary aluminium recap: Strong momentum in the latter half of 2023 drives global primary aluminium production to new heights
In the fourth week of the year, the global primary aluminium segment recorded many significant events. To begin with, in 2023, the International Aluminium Institute (IAI) reported a 2.25 per cent annual rise in global primary aluminium production, reaching 70.593 million tonnes by the end of December. South32, a diversified mining company, has set a new record for half-year aluminium production, driven by the strong performance of its Hillside Aluminium operation in KwaZulu-Natal, South Africa. The world primary aluminium production has recorded an annual increase of 2.25 per cent for 2023, reaching 70.593 million tonnes at the end of December, found the International Aluminium Institute (IAI). However, compared to the previous year, the growth rate has decreased in 2023. To know more:...
A&M-Texarkana unveils strategic educational collaboration with Texarkana Aluminum
Texas A&M University-Texarkana and TCI Texarkana, Inc., operating as Texarkana Aluminum, Inc., have established a fresh academic collaboration enabling employees of Texarkana Aluminum to enrol in university courses at a reduced rate. The partnership was formally inaugurated by signing a Memorandum of Understanding on January 22, 2024, in a ceremony held on the Texas A&M University-Texarkana campus. “We are proud to add Texarkana Aluminum as a priority workforce partner. We will provide a pathway to degree attainment for their employees and collaborate directly with them to craft innovative curricula in Industrial and Metallurgical Engineering,” said A&M President Dr. Ross Alexander. As per the terms of the recent collaboration, every full-time employee at Texarkana Aluminum is entitled to...
Environmental leadership: China's Top 5 sustainable projects that took 2023 by storm
Aluminium, the second most utilised metal worldwide, holds diverse and foundational applications, from electrical transmission to defence and construction. Notably, aluminium is a crucial input in manufacturing goods that contribute to emissions reduction, such as electric vehicles and energy-efficient buildings. This dual role underscores the significance of decarbonising aluminium, as it can positively influence industries pivotal to global climate efforts. As the repercussions of climate change intensify, nations and industries are actively exploring innovative approaches to decarbonise, aiming to meet emissions targets, mitigate the risk of carbon border tariffs, and alleviate energy costs. Industrial energy consumption is the primary contributor to global greenhouse gas (GHG)...
Taural and Indian Railways forge path to excellence with cutting-edge aluminium casting solutions
Taural India , a globally renowned integrated aluminium foundry, is excited to announce its partnership with Indian Railways, marking a significant milestone in India's journey toward self-sufficiency and technological advancement. The company has provided cutting-edge aluminium casting solutions for the recently revealed Amrit Bharat Express train in Ayodhya. As part of Taural India's dedicated indigenisation efforts, the production of customised aluminium Gear Cases for WAP5 electric locomotives has reached new heights. These locomotives, manufactured by Chittaranjan Locomotive Works (CLW), the flagship production unit of Indian Railways, have seen a transformative shift by incorporating locally produced aluminium casting components. This initiative not only triumphantly supplanted the...
LME aluminium price expands for the second day in a row, reaching US$2,207.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,231 per tonne yesterday, with its high and low at US$2,268 per tonne and US$2,222 per tonne, respectively, before closing at US$2,222 per tonne, down US$10 per tonne or 0.45 per cent. On Wednesday, January 24, both LME aluminium cash bid price and LME aluminium official settlement price expanded for the second day in a row owing to EU sanction rumours . As per the data, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$62.5 per tonne or 2.91 per cent to halt at US$2,207 per tonne and US$2,207.50 per tonne. 3-month bid price and 3-month offer price gained US$58 per tonne or 2.65 per cent and US$58.5 per tonne or 2.67 per cent to peg at US$2,243 per tonne and US$2,244 per tonne. December 25 bid price and December 25 offer...
