AlCircle News Edited By "Staff Editor"
Novelis has commissioned an electric pusher furnace at its aluminium plant in Sierre, Switzerland, marking a new step in the company's decarbonisation plans. The furnace is used to heat aluminium ingots before they are rolled into finished products. Until now, the process relied on natural gas, but...
The Baltic Exchange's Dry Bulk Index edged lower on Wednesday, ending a recent run of gains as weaker performance in the Capesize segment put pressure on freight rates. The main index, which tracks shipping costs for dry bulk commodities, fell 47 points, or 1.7 per cent, to 2,771 points. The...
Irish authorities are reviewing reports that alumina exports from the Russian-owned Aughinish Alumina refinery could have indirectly reached entities linked to Russia's defence industry, adding to calls for tighter oversight of strategic material supply chains. The issue has also brought renewed...
What began as a routine scrap movement operation at construction sites in Maharashtra has turned into a tale involving hidden sand compartments, manipulated weight records and 21 tonnes of missing aluminium scrap. Police in Thane have registered a case against three individuals, including the owner...
A rise in energy costs and disruption to one of the world’s most important shipping routes are creating fresh challenges for Alcoa, with the company warning that the impact will be felt in its results for the current quarter. The concern centres on the alumina business, which supplies the raw...
Russian aluminium strengthened its grip on London Metal Exchange (LME) warehouses in May, with its share of available stocks rising to 93 per cent from 72 per cent in April, according to exchange data. The increase was mainly due to traders withdrawing Indian-origin metal from LME warehouses. Total...
The LME aluminium price graph showed a broadly weaker trend on June 10, with cash, three-month and December 2027 contracts all recording declines compared to the last date. The LME aluminium cash bid price fell to USD 3,488 per tonne on June 10 from USD 3,607 per tonne on June 9, marking a decline...
Europe's aluminium market is facing fresh pressure as higher energy costs and tightening global supply combine to create a more challenging environment for producers and consumers alike. The disruption to shipping through the Strait of Hormuz has raised concerns over energy security, while reduced...
The ongoing conflict in West Asia is beginning to raise the cost of India's clean energy transition, with industry executives warning that higher raw material prices and supply chain disruptions are making solar projects more expensive. According to industry estimates, rising prices of aluminium...
Paper-based packaging company Elopak has begun using low-carbon aluminium produced with renewable electricity in carton packaging manufactured at its facilities in the Netherlands, Denmark and Ukraine, as part of its efforts to reduce the environmental impact of its products. The company said the...
Alcoa has come into focus after UBS highlighted the potential impact of supply disruptions linked to the Middle East conflict and growing global demand for aluminium, prompting investors to take a fresh look at the company's valuation. The renewed attention comes as aluminium prices remain...
Aluminium prices may have eased from their recent peak, but they are unlikely to return to the lower levels seen in earlier years, according to Axis Securities, which expects the market to remain supported by tight supply, rising production costs and steady demand growth. The metal had climbed to...
CMR Green Technologies is expected to make a strong debut on the stock exchanges after its initial public offering (IPO) received an overwhelming response from investors. The company, which focuses on aluminium and non-ferrous metal recycling, is currently commanding a grey market premium (GMP) of...
Trade flows across China’s major industrial commodities presented a mixed picture in May, with aluminium standing out as the strongest performer. Exports of aluminium and related products climbed to 632,000 tonnes, marking a 16 per cent increase compared with the same month last year and reaching...
Hyundai has released the first teaser images of the next-generation i20 for the Brazilian market, giving an early look at the hatchback’s updated design. The biggest changes appear at the front and rear. The new i20 will feature connected LED daytime running lights at the front and a full-width LED...
Oil prices have climbed following the closure of the Strait of Hormuz, but Fitch Ratings believes the market could look very different once the key shipping route reopens. In its latest report, the ratings agency said the current disruption is affecting the movement of oil rather than permanently...
Xi’an-based Bright Laser Technologies (BLT) has announced that its Laser Beam Powder Bed Fusion (PBF-LB) additive manufacturing technology has supported the development and validation of a new family of high-strength aluminium alloys. The materials were developed by Chinese materials company...
India and the United Kingdom have formally launched the Critical Minerals Global Supply Chain Observatory (GSCO), a joint initiative aimed at improving cooperation, information-sharing and technology collaboration in the critical minerals sector. The observatory was officially launched on June 5,...
