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Alcircle Private Limited | CIN: U72200WB2017PTC221175

Registered & Corporate Address: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160

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

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China continues destocking, coupled with recovering peak-season demand; aluminium prices are expected to consolidate at highs with an upward bias next week
12 SEPT 20262MINS
Primary AL

China continues destocking, coupled with recovering peak-season demand; aluminium prices are expected to consolidate at highs with an upward bias next week

1. Macro perspective The US-Iran conflict escalated sharply. On September 9, Iran's Revolutionary Guard struck multiple oil tankers and merchant vessels in the Strait of Hormuz, causing a significant drop in strait traffic. Brent crude broke through USD 100 per bbl, closing at USD 101.21, while WTI...

Odisha CM visits EGA Jebel Ali, highlights NALCO–EGA aluminium partnership
12 SEPT 20261MINS
Primary AL

Odisha CM visits EGA Jebel Ali, highlights NALCO–EGA aluminium partnership

Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...

11 SEPT 20267MINS
Primary AL

Macro rate hike expectations bring periodic pressure, while destocking in China provides solid bottom support

Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....


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PolyU scientists uncover aluminium atom locations in Zeolites, ushering in a new era of sustainable catalysts
10 MAR 20254MINS

PolyU scientists uncover aluminium atom locations in Zeolites, ushering in a new era of sustainable catalysts

Zeolites, crystalline materials essential to the petrochemical industry, play a crucial role as catalysts in producing fine chemicals. Aluminium atoms within the zeolite framework create active sites that drive these catalytic reactions. Researchers at The Hong Kong Polytechnic University (PolyU)...

US employment data falls short of expectations, aluminium ingot continues destocking trend this week
10 MAR 20255MINS

US employment data falls short of expectations, aluminium ingot continues destocking trend this week

Futures: Last Friday, the SHFE aluminium 2504 contract opened at RMB 20,855 per tonne, with a high of RMB 20,920 per tonne and a low of RMB 20,790 per tonne, closing at RMB 20,880 per tonne, down RMB 5 per tonne or 0.02 per cent from the previous settlement. On the same day, LME aluminium opened at...

EGA unveils gender-inclusive safety signage at Jebel Ali and Al Taweelah to mark International Women’s Day
08 MAR 20253MINS

EGA unveils gender-inclusive safety signage at Jebel Ali and Al Taweelah to mark International Women’s Day

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, marked International Women’s Day by unveiling new safety signage at its facilities with icons that features both women and men. The new safety signage highlights the growing role of women in...

March prebaked anode prices surge, next month's prices may decline with weaker raw materials
08 MAR 20255MINS

March prebaked anode prices surge, next month's prices may decline with weaker raw materials

During the February cycle (February 6 to March 6), SMM prebaked anode prices increased significantly. The March 2025 procurement benchmark price of a certain aluminium smelter in Shandong was RMB 5,066 per tonne, up 23.26 per cent M-o-M. According to SMM, March prebaked anode export order prices...

Vedanta Aluminium strengthens gender diversity with first-ever women-operated smelter line
07 MAR 20253MINS

Vedanta Aluminium strengthens gender diversity with first-ever women-operated smelter line

Vedanta Aluminium, India's largest aluminium producer, has announced a transformative step towards fostering gender parity and workplace inclusion by converting an entire smelter line at its operations in Jharsuguda, Odisha, which is to be operated and maintained exclusively by women employees. The...

Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
06 MAR 20252MINS

Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone

Primary aluminium output at Pavlodar-based Kazakhstan Aluminium Smelter (KAS), owned by Eurasian Resources Group (ERG), a leading diversified natural resources group and the only producer of high-grade aluminium in Kazakhstan, has reached the four-million-tonnes milestone since the start of...

RUSAL leverages AI to enhance aluminium ingot quality control
06 MAR 20252MINS

RUSAL leverages AI to enhance aluminium ingot quality control

RUSAL, one of the world’s largest aluminium producers, has deployed artificial intelligence to enhance the microstructure analysis of aluminium ingots. This proprietary technology reduces analysis time from several hours to just 15 minutes, streamlining quality control and minimising repetitive...

Alba recognises top-performing contracting companies
06 MAR 20251MINS

Alba recognises top-performing contracting companies

Aluminium Bahrain B.S.C. (Alba), the world’s largest smelter on one site, recognised 12 exceptional contracting companies based in Bahrain for their top performance in Safety and Well-being throughout 2024, in an awarding ceremony that was held on 27 February 2025 at the Oasis Hall. Alba’s Chief...

Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
06 MAR 20253MINS

Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag

Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,600 per tonne, with a high of RMB 20,660 per tonne and a low of RMB 20,560 per tonne, closing at RMB 20,620 per tonne, up 0.22 per cent. The trading volume was 77,000 lots, and the open interest was 183,000 lots. SMM Comments: The...

Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
06 MAR 20253MINS

Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns

A leading global aluminium manufacturing giant has recently sought a premium of USD 260 per tonne from Japanese buyers for April-June (Q2) primary metal shipments, which is a notable 14 per cent increase from the current quarter (Q1, 2025). This development is nothing but a ripple effect of the...

Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
06 MAR 20254MINS

Aluminium prices diverge as LME gains, SHFE declines amid rising inventories

China's aluminium industry remains the world's largest, driven by high production capacity and growing downstream demand. However, rising inventories, fluctuating raw material costs, and cautious buyer sentiment are shaping market dynamics. Despite challenges, facility expansions and policy shifts...

Spot aluminium outflows from warehouses stabilise and rebound; domestic inventory buildup slows significantly over the past week
04 MAR 20253MINS

Spot aluminium outflows from warehouses stabilise and rebound; domestic inventory buildup slows significantly over the past week

In late February, domestic aluminium inventory still showed no significant improvement, with inventory buildup remaining on the "fast track." The recent upward trend in aluminium prices has also been somewhat hindered by inventory performance. According to SMM data, as of February 24, 2025, the...

Overview of China's aluminium production in February 2025 and March forecast
04 MAR 20252MINS

Overview of China's aluminium production in February 2025 and March forecast

According to SMM statistics, China's aluminium production in February 2025 (28 days) increased by 0.4 per cent Y-o-Y but decreased by 95,000 tonnes M-o-M. The operating capacity of domestic aluminum increased M-o-M, mainly driven by the resumption of production at previously curtailed enterprises...

US aluminium production marks a 3.5% M-o-M fall in November 2024 following a rebound in October
03 MAR 20252MINS

US aluminium production marks a 3.5% M-o-M fall in November 2024 following a rebound in October

According to the US Geological Survey, the United States' primary aluminium production experienced a monthly fall of 2,000 tonnes or 3.51 per cent, following a 4 per cent rebound in the previous month. On an annual calculation, the output marked a sharper decline of 9.8 per cent in November,...

Aluminium downstream operating rate continued to rise W-o-W; March peak season yet to be verified
02 MAR 20256MINS

Aluminium downstream operating rate continued to rise W-o-W; March peak season yet to be verified

This week, the operating rate of leading enterprises in China's downstream aluminium processing sector continued its mild post-holiday recovery, up 1.1 percentage points W-o-W to 59.8 per cent. By segment, the operating rate of primary aluminium alloy slightly increased WoW, with production...

Australia's hopes for US tariff exemptions dim as Foreign Minister Penny Wong calls it a difficult pursuit
01 MAR 20253MINS

Australia's hopes for US tariff exemptions dim as Foreign Minister Penny Wong calls it a difficult pursuit

From the early-mid month of February 2025, Australia has been actively seeking an exemption from the United States' 25 per cent tariffs on aluminium and steel, claiming the country's contribution to the US domestic market trade surplus as a key justification for securing an exemption. During this...

SMM: Weekend sees improved overall trading of aluminium ingots
01 MAR 20252MINS

SMM: Weekend sees improved overall trading of aluminium ingots

In the early trading session, SHFE aluminium front-month contract fluctuated. As it was the weekend, downstream restocking combined with active trading by traders improved the activity in the spot market today. Specifically, in East China, trading was active, and spot discounts remained unchanged...

Upstream weekly recap: European Aluminium applauds EU’s 16th sanctions package; Alcoa warns of severe job loss amid 25% tariff
01 MAR 20257MINS

Upstream weekly recap: European Aluminium applauds EU’s 16th sanctions package; Alcoa warns of severe job loss amid 25% tariff

This week has been highly eventful for the upstream aluminium industry, especially the primary aluminium sector, which has dominated the headlines. The industry is going through a rough time with news of sanctions and tariffs hitting the market. To begin with, the voice of the entire aluminium...

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