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Alcircle Private Limited | CIN: U72200WB2017PTC221175

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© 2026 Alcircle. All rights reserved. Alcircle is not responsible for content from external sources.

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Police arrest 8 in transformer theft gang, seize 164 kg of aluminium wire
31 OCT 20263MINS
Downstream

Police arrest 8 in transformer theft gang, seize 164 kg of aluminium wire

A major police operation in India’s Uttar Pradesh has exposed an inter-district network allegedly involved in stealing electricity transformers and selling their internal metal components, including aluminium wire and copper binding, to scrap dealers. Police in Kanpur, Uttar Pradesh, have busted an inter-district transformer theft gang and arrested eight people, including a scrap dealer accused of purchasing stolen materials. The operation led to the recovery of aluminium wire, copper binding, transformer coils and cash allegedly generated through the sale of stolen electrical components. The gang reportedly operated across several districts, including Kanpur Dehat, Unnao, Lucknow and Fatehpur. A joint team comprising Chaubeypur police, the Special Weapons and Tactics (SWAT) unit and West...

Ford's 5,000-casting milestone puts aluminium at the heart of its next EV
30 OCT 20263MINS
Downstream

Ford's 5,000-casting milestone puts aluminium at the heart of its next EV

Ford has produced more than 5,000 large aluminium unicastings at its Shelbyville Technical Center as it advances manufacturing preparations for the Fathom midsize electric truck, scheduled to launch in 2027. The castings are being used for process testing and prototype assembly at the company's Louisville Assembly Plant. The Fathom will feature two large aluminium unicastings that replace 146 individual structural parts, significantly simplifying the vehicle's architecture. Ford says the approach reduces vehicle mass and improves overall energy efficiency, while introducing a different method of assembling vehicles through its new Universal Production System. The two large structures form the front and rear sections of the vehicle. By consolidating numerous components into fewer castings,...

30 OCT 20264MINS
Downstream

AMAG Group’s revenue climbs 16.4% to $1.4b as nine-month EBITDA jumps 59%

AMAG Group reported around a 59 per cent increase in earnings before interest, tax, depreciation and amortisation (EBITDA) to EUR 181 million (USD 202 million) in the first nine months of 2026, compared with EUR 114 million (USD 127 million) in the same period last year. Revenue rose 16.4 per cent to EUR 1.3 billion (USD 1.4 billion) from EUR 1.1 billion (USD 1.2 billion) in the first three quarters of 2025. Net income after taxes increased about 142 per cent to EUR 82 million (USD 91 million), up from EUR 34 million (USD 38 million). The Austrian aluminium producer attributed its performance to strong operations at its Ranshofen site, higher shipment volumes in the Rolling Division, and attractive market conditions for its Canadian aluminium smelter interest, Alouette. Cost-efficiency...


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Hindalco Industries Limited further cuts its aluminium wire rod price significantly by INR11000/t
29 OCT 20211MINS

Hindalco Industries Limited further cuts its aluminium wire rod price significantly by INR11000/t

Hindalco Industries Limited again cut its aluminium products prices significantly, with effect from Thursday, October 28. Hindalco’s aluminium wire rod price came in at INR 247,850 per tonne after being plunged by INR 11,000 per tonne or 4.25 per cent from INR 258,850 per tonne on October 27. Hindalco’s aluminium billets price also saw a slash of INR 11,000 per tonne to INR 247,350 per tonne as of October 28. On the previous day, the price stood at INR 258,850 per tonne, seeing a plunge of INR 6,500 per tonne. Hindalco is currently selling its aluminium ingot at INR 236,750 per tonne as compared to INR 247,750 per tonne on October 27. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange,...

Novelis to expand its Zhenjiang aluminium production and recycling facility by mid-2024
29 OCT 20212MINS

Novelis to expand its Zhenjiang aluminium production and recycling facility by mid-2024

Novelis, the world's largest aluminium recycler, announced on Friday that it will spend $375 million in its Zhenjiang facility in China to enhance recycling and manufacture of aluminium products used in the car sector. Metal recycling will be critical in the energy transition, which will entail a shift from internal combustion engines to electric vehicles. The expansion project is expected to be completed by the middle of 2024, according to Novelis, a subsidiary of India's Hindalco. "The investment will create a fully integrated supply chain for the automotive market in China between our Zhenjiang rolling and recycling facility and Changzhou automotive finishing plant," said Novelis Novelis, the world's leading producer of automotive sheet, processes almost two million tonnes of aluminium...

US aluminium crude metals and alloys imports from Argentina highlight an increase of 20.17% Y-o-Y in July 2021
28 OCT 20211MINS

US aluminium crude metals and alloys imports from Argentina highlight an increase of 20.17% Y-o-Y in July 2021

According to the US Geological Survey (USGS), the United States imported 13,700 tonnes of crude metals and alloys from Argentina in July 2021, displaying a month-on-month ascend of 9,710 tonnes or by 243.35 percent. In June 2021, 3,990 tonnes of aluminium crude metals and alloys were imported from Argentina, a decrease of 78.07 percent from 18,200 tonnes in May 2021. On a year-on-year calculation, US aluminium crude metals and alloys imported from Argentina in July 2021, escalated by 2,300 tonnes or by 20.17 percent from 11,400 tonnes. From January to July 2021, the imported aluminium crude metals and alloys by the United States closed at 53,400 tonnes. For the same period last year, the amount exported by Argentina settled at 102,000 tonnes. According to the data shared by the United...

Germany’s export demand of aluminium bar rods and profiles during 2019-21 manifests multi-billion dollar transaction
28 OCT 20211MINS

Germany’s export demand of aluminium bar rods and profiles during 2019-21 manifests multi-billion dollar transaction

The economy of Germany constitutes a mixed economic system that comprises a variety of private freedom, combined with centralized economic planning and government regulation. The economy of Germany stands strong, powerful and largest in Europe due to its exports of high-quality manufactured goods. The top economic power in Europe, Germany exported 610,434 tonnes of aluminium bar rods and profiles during 2019-20, which generated revenue earnings of $2.56 billion from the export. In 2019, Germany’s export of aluminium bar rods and profiles recorded at 303,994 tonnes and earnings counted to $1.31 billion, whereas, in 2020, the export manifested marginal growth by 0.80%, as the export volume rose to 306,440 tonnes, while earnings accounted dip to $1.25 billion. The Western European nation’s...

India: Aluminium producers send ‘Mayday’ to Prime Minister’s Office over coal stock
28 OCT 20213MINS

India: Aluminium producers send ‘Mayday’ to Prime Minister’s Office over coal stock

On 28 th October 2021, the Indian aluminium producers sent an emergency call to the Prime Minister’s Office (PMO) for resumption of coal supply with immediate effect, stating dearth has shoved the domestic aluminium industry to the verge that might negatively impact some 5,000 MSMEs in the downstream segment at a situation they are erupting of the pandemic spasm, now which can turn out to take away more than a million jobs. Following the Govt. of India’s decision in August 2021 to reduce coal supply by 50% from Coal India and further cut it to just 10% as rakes were rerouted to sustain inventories at power plants created drastic coal-stock circumstances at the aluminium facilities. The fossil fuel supply was retrenched despite manufacturing of aluminium being proclaimed as a public...

Hydro investing NOK 390 million for a new automotive extrusion press  at aluminium plant in Suzhou, China
27 OCT 20212MINS

Hydro investing NOK 390 million for a new automotive extrusion press at aluminium plant in Suzhou, China

According to a recent report, Hydro is opening a new automotive extrusion press at its aluminium manufacturing plant in Suzhou, China, by investing NOK 390 million. The new P60 12-inch press will expand the extrusion capacity at Suzhou, along with the expansion of the plant. The extrusion press will manufacture automotive components, including crash management systems, such as bumper beams and crash boxes, as well as side sill inserts, side beams, and longitudinal beams. Besides, the new press will support other customer needs ranging from mill-finished extrusions to fabricated assemblies. Executive vice president Paul Warton, who leads Hydro’s Extrusions business, said: “We’ve succeeded in building a platform in China toward the e-vehicle market, but we need more capacity to satisfy the...

Nigeria’s aluminium plates, sheets and strips import during 2019-21 signifies a volatile trend
27 OCT 20212MINS

Nigeria’s aluminium plates, sheets and strips import during 2019-21 signifies a volatile trend

Aluminium with thickness from 0.008 inches to less than 0.25 inches thick is considered sheet, while thinner aluminium is foil and aluminium 0.250 inches and thicker is known as a plate. However, cold-rolled aluminium material less than 5.00 mm in thickness and under 600 mm in width is termed as strips. Aluminium plate is very much used for storage tanks in many industries in part because some aluminium alloys gain strength at extremely cold temperatures. Furthermore, aluminium sheet metal is a uniquely versatile metal sheet that has numerous applications in the modern world. The largest economy in the African continent with an aggregate GDP of $468.6 billion, according to World Bank, Nigeria imported 264,565 tonnes of aluminium plates, sheets and strips during 2019-20 incurring an...

Hindalco sharply cuts its aluminium billets price by INR6500/t in tandem with sixth consecutive fall of LME aluminium price
27 OCT 20211MINS

Hindalco sharply cuts its aluminium billets price by INR6500/t in tandem with sixth consecutive fall of LME aluminium price

On Wednesday, October 27, Hindalco Industries Limited has slashed its aluminium products prices, in line with the sixth consecutive day of LME aluminium price fall. The company has reduced its aluminium billets price by INR 6,500 per tonne to INR 258,350 per tonne. On the previous day, the price was at INR 264,850 per tonne. Hindalco’s aluminium wire rod price has also witnessed a sharp cut of INR 6,500 per tonne from INR 265,350 per tonne on October 26 to INR 258,850 per tonne on October 27. The company’s aluminium ingot price has come in at INR 247,750 per tonne from INR 254,250 per tonne on the earlier day. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which nosedived after...

Hindalco Industries continues to reduce aluminium prices by INR5250/t with effect from October 23
26 OCT 20211MINS

Hindalco Industries continues to reduce aluminium prices by INR5250/t with effect from October 23

Hindalco Industries Limited has decreased its aluminium products and aluminium ingot prices with effect from Saturday, October 23, bringing its aluminium wire rod price to INR 267,100 per tonne. That was down by INR 5,250 per tonne or 1.93 per cent from INR 272,350 per tonne on October 22. Hindalco’s aluminium billets price also saw a cut of INR 5,250 per tonne on October 23 from INR 271,850 per tonne to INR 266,600 per tonne. The company’s aluminium ingot price also plunged by INR 5,250 per tonne to INR 256,000 per tonne, which on October 22 stood at INR 261,250 per tonne. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which further decreased by US$64 per tonne from US$3,014 per...

Swisstek Aluminium turns to renewable energy usage, installs solar power generation facilities
26 OCT 20212MINS

Swisstek Aluminium turns to renewable energy usage, installs solar power generation facilities

Swisstek Aluminium Limited, a Sri Lanka-based aluminium product manufacturer, is now part of the national sustainability drive through solar power generation facilities installation at its factory complex to shift to the usage of renewable energy. This initiative is expected to boost the company’s export share, considering the global aluminium consumers preference for materials from eco-friendly manufacturers. A rooftop solar panel array has been installed, given the factory’s large area and roof capacity. Thus, a total of 3,340 photovoltaic panels have been installed under the Ceylon Electricity Board’s net plus scheme, with a significant investment of over INR 156.5 million. The rooftop solar panels enable the generation of up to 30 per cent of the factory’s power consumption, whilst...

Aluminium scarce related to magnesium supply deficiency from China, says AMAG chief
26 OCT 20212MINS

Aluminium scarce related to magnesium supply deficiency from China, says AMAG chief

The raw material required for the production of metal aluminium is experiencing a dearth, while the price of the green metal has towered to sevenfold in a short span and the consumers will get the heat sooner or later, as stated by Adolf Kerbl, the Managing Director of the Foundry Industry Association. Gerald Mayer, the CEO of AMAG Austria Metall AG commented by saying: “The reason for the aluminium deficiency is actually a magnesium deficiency that resulted from the throttling of Chinese electricity production at coal-fired power plants.” “China has cut electricity production for environmental reasons in order to meet the climate targets. As a result, magnesium factories would produce less or would come to a standstill. The world market is dependent on China and around 87% of world...

India: Coal supply curb drags unrest in SMEs of aluminium supply chain
25 OCT 20212MINS

India: Coal supply curb drags unrest in SMEs of aluminium supply chain

On 25 th October 2021, the group representing Indian organizations involved in the industrial production and consumption supply chain activities across the country, the Indian Industrial Value Chain Council (IIVCC) labelled that 5000 plus SMEs who are associated with the aluminium value chain are in panic of suffering hefty losses if the ongoing coal supply distress challenging the primary aluminium industry is not immediately resolved. Out of 5000 MSMEs, around 1000 SMEs are associated with the supply chain and ancillaries of large aluminium producers and related input manufacturing industries, whereas, around 4000 SMEs are comprehended in the aluminium downstream manufacturing and distribution ventures. It has been also notified that any substantial unsettling in the market drift for...

Kam Kiu Aluminium Products Group secures ASI Performance Standard certification
25 OCT 20212MINS

Kam Kiu Aluminium Products Group secures ASI Performance Standard certification

The Aluminium Stewardship Initiative (ASI) announced today that Kam Kiu Aluminium Products Group Limited's extrusion plant in Taishan City, China, has been successfully accredited against the ASI Performance Standard for responsible aluminium production, sourcing, and stewardship. Re-melting, casting, mould design and processing, extrusion, coating or anodizing surface treatment are among the facility's 31 extrusion manufacturing lines, which produce over 100,000 tonnes of extrusion profiles annually. The ASI Certification programme is the first complete voluntary sustainability standard project for the aluminium value chain, and it was established after considerable multi-stakeholder input. With the goal of addressing sustainability challenges in the aluminium value chain, the ASI...

ASI certifies Novelis’ rolling and recycling facility in Brazil against the Performance Standard Certification
25 OCT 20211MINS

ASI certifies Novelis’ rolling and recycling facility in Brazil against the Performance Standard Certification

The Aluminium Stewardship Initiative has successfully certified Novelis’ rolling and recycling activities at the facility in Pindamonhangaba, Brazil, against the Performance Standard Certification. The facility has an annual capacity of 490 thousand tonnes for recycling and 680 thousand tonnes for aluminium sheet, primary destined for beverage packaging and consumer and industrial packaging in South American region. The ASI Performance Standard defines environmental, social and governance principles and criteria, with the aim to address sustainability issues in the aluminium value chain. It sets out 59 criteria under the three sustainability pillars of Governance, Environment and Social, which address key issues such as biodiversity, Indigenous Peoples rights, and greenhouse gas...

China shuts magnesium smelters due to energy crisis, a distress call to aluminium alloy supply
25 OCT 20212MINS

China shuts magnesium smelters due to energy crisis, a distress call to aluminium alloy supply

The global auto industry has been alerted for the shortfall of components driven by the Chinese energy crisis. The power distress is restricting the nation towards production curb across a wide range of industries, but especially the impact is huge on aluminium alloys supply. China controls 87% of the World’s magnesium production with functionalizing 50 smelters, while the govt. has directed around 35 magnesium smelters to cease production until the end of 2021. The rest in operation will be producing only 50% of their capacity to ensure energy consumption targets are successfully achieved. Magnesium is a vital component in the production of aluminium alloy. The dearth of the metal could sceptically jolt the global automotive industry. Amos Fletcher, Director of Mining Equity Research,...

Downstream Weekly Recap: Aluminium extruder China Zhongwang reports financial distress at Hong Kong bourse; US aluminium producers sent an alert on output curbs due to magnesium crisis
24 OCT 20215MINS

Downstream Weekly Recap: Aluminium extruder China Zhongwang reports financial distress at Hong Kong bourse; US aluminium producers sent an alert on output curbs due to magnesium crisis

The global aluminium downstream segment remains in the spotlight this week with regard to multiple happenings. The world second-largest and Asia’s biggest producer of aluminium extrusions, China Zhongwang whose products are broadly consumed in multiple sectors like transport, construction and electronics industries have reported a financial crisis at the Hong Kong bourse. Zhongwan headquartered with its vital production base is in the city of Liaoyang, the north-eastern province of Liaoning, one of the Chinese regions hardest hit by widespread power crisis that have cramped industrial production. The biggest aluminium billet producer in the United States, Matalco has sent an S-o-S to consumers of its output slash and rationalizes supplies immediate next year amid a magnesium crisis....

Aluminium billet inventories in China loses 3,200 tonnes this week to settle at 181,200 tonnes
22 OCT 20211MINS

Aluminium billet inventories in China loses 3,200 tonnes this week to settle at 181,200 tonnes

According to the Shanghai Metals Market, aluminium billet inventories in China decreased by 3,200 tonnes week-on-week across five major consumption areas. As a result, the inventories closed at 181,200 tonnes on Thursday, October 21. Stock decline in Foshan and Nanchang resulted in the decrease in aluminium billet inventories this week. According to SMM, the inventory of aluminium billet declined because the arrivals contracted this week and the shipments picked up significantly day before as the aluminium prices moved down. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium billet inventories decreased by 3,700 tonnes this week to close at 95,700 tonnes. In Nanchang, inventories declined by 2,500 tonnes to settle...

Bridgnorth Aluminium secures £60 million asset-based lending facility to diversify product range
21 OCT 20213MINS

Bridgnorth Aluminium secures £60 million asset-based lending facility to diversify product range

The renowned manufacturer and supplier of aluminium flat-rolled products in the United Kingdom have obtained a £60 million asset-based lending (ABL) facility from HSBC UK to support the expansion of its product range and power its future growth plans. The metal strips for lithography printing Bridgnorth Aluminium will utilize the funding from HSBC UK to diversify into different markets, driving away from being purely recognised as a lithography specialist to a more multifaceted approach. Bridgnorth Aluminium was founded way back in 1933 and currently being the largest Shropshire's employer, the manufacturer will commence and supply new aluminium flat-rolled products to the beverage industry for aluminium cans production and to the stockist market. With the plan to enter these high-growth...

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