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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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Tapas Kumar Pattanayak named as the new HR Director of Nalco
23 OCT 20241MINS

Tapas Kumar Pattanayak named as the new HR Director of Nalco

In a significant decision by the Public Enterprises Selection Board (PESB), Tapas Kumar Pattanayak has been selected for the role of Director (Human Resources) at the National Aluminium Company Limited (NALCO). The appointment follows a PESB meeting held on October 21 st , 2024. Currently serving...

Uzbekistan and Bahrain work out potential collaboration in aluminium production
22 OCT 20241MINS

Uzbekistan and Bahrain work out potential collaboration in aluminium production

A recently held meeting between Davron Vakhobov, Chairman of the Chamber of Commerce and Industry of Uzbekistan, and Atif Al Khaja, Executive Director of the Chamber of Commerce and Industry of Bahrain, witnessed discussions on trade development and economic cooperation between the business circles...

China’s aluminium production in Sept’24 reflects 1.2% annual growth driven by higher profit margins
21 OCT 20242MINS

China’s aluminium production in Sept’24 reflects 1.2% annual growth driven by higher profit margins

According to the National Bureau of Statistics, China's aluminium production in September grew year-on-year, driven by steady demand and profitable margins for producers. As per the data revealed, China, the world's largest producer of aluminium, churned out 3.65 million tonnes of light metal, up...

South32's aluminium production and asset sale highlight a strong start to FY25
21 OCT 20243MINS

South32's aluminium production and asset sale highlight a strong start to FY25

South32 has reported increased production across its operations in the first quarter of the 2024–25 financial year (Q1 FY25), maintaining its production guidance for the period. South32 Limited is a mining and metals company headquartered in Perth, Western Australia and follows the Australian...

Canada announces tariff remission on aluminium, EV and steel import from China
19 OCT 20243MINS

Canada announces tariff remission on aluminium, EV and steel import from China

Canadian enterprises can apply for a remission of the tariff on imported Electronic Vehicles (EVs), steel, and aluminium from China, the federal government announced on Friday. Canada will introduce tariff surcharges on aluminium and steel for Chinese enterprises on the finalised list of products...

China Nonferrous Metals Association sets new standard for green & low-carbon aluminium
18 OCT 20242MINS

China Nonferrous Metals Association sets new standard for green & low-carbon aluminium

To promote green aluminium consumption and advance the sustainable, low-carbon development of the aluminium industry, the China Nonferrous Metals Industry Association and the China Nonferrous Metals Society issued the group standard T/CNIA 0245-2024, titled "Evaluation and Traceability Guide for...

Alcoa Canada welcomes Gaby Poirier as the President and Global Transformation VP
18 OCT 20242MINS

Alcoa Canada welcomes Gaby Poirier as the President and Global Transformation VP

Alcoa Corporation is proud to announce Gaby Poirier's appointment as President of Alcoa Canada and Vice President (VP) of Global Transformation. In his new role, Mr Poirier will also continue as Regional Vice President of North America Operations and represent Alcoa on the Board of the Aluminium...

Innovative technologies & sustainable solutions key to meet growing aluminium demand, says DTE analyst
18 OCT 20243MINS

Innovative technologies & sustainable solutions key to meet growing aluminium demand, says DTE analyst

As the global economy rebounds from the COVID-19 recession, the demand for aluminium is set to surge, with the International Aluminium Institute projecting a 40 per cent rise by 2030, requiring an additional 33 million tonnes of annual production. Karl Ágúst Matthíasson, co-founder and CEO of...

Alcoa and IGNIS EQT progress toward strategic agreement to support future of Alcoa San Ciprián operations
17 OCT 20243MINS

Alcoa and IGNIS EQT progress toward strategic agreement to support future of Alcoa San Ciprián operations

On October 16, 2024, Alcoa Corporation and IGNIS Equity Holdings, SL (IGNIS EQT), the majority shareholder in the IGNIS Group of Companies, a vertically integrated energy company based in Spain, announced that they are progressing toward entering into a strategic cooperation agreement (the...

China Nonferrous Metals Society applauds Shenyang Aluminum and Magnesium Institute’s breakthrough achievements
16 OCT 20242MINS

China Nonferrous Metals Society applauds Shenyang Aluminum and Magnesium Institute’s breakthrough achievements

The China Nonferrous Metals Society recently held an evaluation meeting on scientific and technological advancements in Beijing, where experts unanimously recognised two breakthrough achievements by the Shenyang Aluminum and Magnesium Institute. These include the "Full Cycle Optimisation Technology...

China’s September aluminium output aligns with SMM forecast, showing a monthly dip but a positive near-term outlook
16 OCT 20242MINS

China’s September aluminium output aligns with SMM forecast, showing a monthly dip but a positive near-term outlook

In September 2024, China's aluminium production increased by 1.45% compared to the previous year, aligning with the expected figures from the Shanghai Metal Market. The operation resumption in Sichuan and Guizhou after technical upgrades boosted the production on a year-on-year basis. However, on a...

Hydro and Skellefteå Kraft inks 2 TWh renewable energy deal for its Norwegian aluminium smelters
16 OCT 20242MINS

Hydro and Skellefteå Kraft inks 2 TWh renewable energy deal for its Norwegian aluminium smelters

Hydro Energi AS has entered into a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro's Norwegian aluminium plants from 2025 to 2032. This agreement ensures Hydro will receive 2 TWh from Skellefteå Kraft's SE2 portfolio over the next eight...

ALRO renews business relations in the North American market with a series of contracts
14 OCT 20242MINS

ALRO renews business relations in the North American market with a series of contracts

ALRO, a leading European integrated aluminium producer, is expanding its business in the North American market. The conglomerate has acquired a series of contracts scheduled to be delivered early next year. According to Florin Verboncu, General Director of Vimetco Trading, "The prospects for 2025...

US primary aluminium output drops in July'24, but scrap recovery compensates for it by gaining 5% Y-o-Y
14 OCT 20243MINS

US primary aluminium output drops in July'24, but scrap recovery compensates for it by gaining 5% Y-o-Y

The United States’ domestic primary aluminium production increased in July 2024 to rebound to the level of output achieved in May. Compared to the production volume in June at 55,000 tonnes, the United States output in July gained 2,000 tonnes M-o-M, according to the latest data from the US...

Russian aluminium stocks on LME edge down to 66% in September
11 OCT 20241MINS

Russian aluminium stocks on LME edge down to 66% in September

According to LME data released on October 10, 2024, the proportion of Russian-origin aluminium stock in London Metal Exchange (LME) approved warehouses saw a marginal decline in September, falling to 66 per cent from 67 per cent in August. However, the data indicated that aluminium of Indian origin...

Vedanta Aluminium sets new industry standards with LME Passport digital connectivity
10 OCT 20242MINS

Vedanta Aluminium sets new industry standards with LME Passport digital connectivity

In a major milestone for India's aluminium industry, Vedanta Aluminium has become the first smelter in the country to successfully implement the London Metal Exchange (LME) Passport program. This development positions Vedanta Aluminium, India's largest aluminium producer, as only the fifth primary...

Japan’s latest aluminium shipment premium for Q4 2024 is 1.7% down from the last offer
09 OCT 20241MINS

Japan’s latest aluminium shipment premium for Q4 2024 is 1.7% down from the last offer

A recent update informs that Japanese buyers are offered a revised aluminium shipment premium for the December quarter, slightly lower than the earlier quotation for the same period but higher than the previous quarter. The news came after four people directly involved in pricing talks reported....

FY25 Outlook bright for Press Metal: Stable aluminium prices and China's economic recovery in focus
09 OCT 20242MINS

FY25 Outlook bright for Press Metal: Stable aluminium prices and China's economic recovery in focus

According to Hong Leong Investment Bank (HLIB), Press Metal Aluminium Holdings Bhd, with a current smelting capacity of 1.08 million tonnes and an extrusion capacity of 240,000 tonnes per annum, is the largest integrated aluminium producer in Southeast Asia. It is set to achieve double-digit...

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