Fire crews responded to a molten aluminium spill at Bridgnorth Aluminium on September 14 afternoon after the incident caused several small fires at the facility. Crews from Bridgnorth and Much Wenlock arrived shortly before 4 pm on September 14. The incident was recorded as a building fire, and...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 24,150 per tonne, up RMB 110 or 0.46 per cent from yesterday's settlement price. It opened at RMB 24,120 per tonne during the day and fluctuated in the range of RMB 24,075-24,195 per tonne. Prices traded below MA5 (24,205.00) and...
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We are elated to announce that the much-awaited Global Aluminium Expo (GAE) 2023 is LIVE now! It is a 3-day event. So starting today, we will celebrate the reunion of the industry till April 20, 2023. AlCircle hosts this virtual expo annually for the aluminium fraternity to let the industry leaders...
On Tuesday, April 18, China's A00 aluminium ingot price surged by RMB 120 per tonne to stand at RMB 18,860 per tonne. On a W-o-W calculation, the A00 aluminium ingot price has shot up by RMB 480 per tonne from RMB 18,380 per tonne recorded on April 11. The spot contract price for today has been...
Three-month LME aluminium opened at US$2,386 per tonne on Monday and closed at US$2,372.50 per tonne, down US$17.5 per tonne or 0.73 per cent. On Monday, April 17, both LME aluminium cash bid price and LME aluminium official settlement price expanded at the same rate to reach US$2,363.50 per tonne...
Delfzijl will be home to the biggest battery in Europe, on the site of bankrupt Dutch aluminium producer Aldel. Amstelveen-based GIGA Storage BV will install batteries the size of fifteen football fields that can store more than a gigawatt-hour of electricity. The result is that more wind and solar...
According to China customs data, Chinese unwrought aluminium and aluminium semis exports in March 2023 amounted to 497,000 tonnes, bringing the total exports of the first quarter to 1.38 million tonnes. The monthly exports in March’23 registered a year-on-year fall of 16.3 per cent, while the...
Hydro employees organised in Industri Energi and FLT at its Karmøy and Årdal plants will reportedly go on strike from Monday, April 17, given a breach in mediation between The Confederation of Norwegian Enterprise (NHO), the Confederation of the Vocational Unions (YS) and the Norwegian Labor Union...
LME aluminium opened at US$2,362 per tonne last Friday and closed at US$2,390 per tonne, up US$28 per tonne or 1.14 per cent. On Friday, April 14, both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$26 per tonne or 1.11 per cent to halt at US$2,355 per tonne...
Strong know-how, an experience of over sixty years and a tailored range of solutions designed to meet the most demanding requests. This is FIMIGroup, not a simple manufacturer of metal processing equipment and plants, but a high value-added group of companies composed of 3 divisions, 8 sites, and...
Globally, the aluminium industry is facing unprecedented challenges. Light metal demand is primarily driven by the development of transport, energy, electronics, building & construction, and other industries that require increased energy efficiency. There are, however, some issues that need to be...
Kenanga Investment Bank Bhd, a financial institution in Malaysia that offers investment management services, reiterated its "neutral" stance on the carbon emissions tax imposed on the seaports and logistics sectors. Rio Tinto is upgrading its casting facility to add new, cutting-edge machinery such...
China’s social inventories of aluminium ingot across eight major consumption areas, including SHFE warrants, decreased by 72,000 tonnes week-on-week to come below 1 million tonnes on Thursday, April 13, found the Shanghai Metals Market survey. Data shows the inventories totalled 966,000 tonnes this...
The domestic prices of aluminium alloy ingot ADC12 in India remained stable w-o-w at INR 197,000/t. Despite the start of the new fiscal year, the stability was attributed to modest buying demand. While established market players' output levels have stayed basically stable, there is considerable...
The countdown begins for our Global Aluminium Expo 2023, and here’s a gentle reminder for participation. This year, the team AlCircle is organizing and hosting the fourth edition of the virtual event scheduled on April 18-20, from 11 AM to 7 PM (GMT). So, 3 days to go to our 3-day event where you...
According to a report on April 14, 2023, the Egyptian company for Metal Construction (Metalco) is contemplating building a smelter to meet local and overseas demand, its chief said in a statement on Friday. The project will cost about $2.7 billion for building a capacity of 600,000 tonnes, said...
According to the Shanghai Metals Market survey, China’s aluminium production in March 2023 (31 calendar days) stood at 3.41 million tonnes, registering an increase of 10.35 per cent month-on-month from 3.09 million tonnes. The data indicates that the monthly rise in March output brought it to the...
LME aluminium opened at US$2,330.5 per tonne on Thursday, with its high and low at US$2,385 per tonne and US$2,321 per tonne respectively before closing at US$2,363 per tonne, an increase of US$39 per tonne or 1.68 per cent. On April 13, Thursday, the LME aluminium cash bid price came in at...
On April 11, 2023, the non-ferrous metals prices on the London Metal Exchange (LME) closed a mixed trend. The three-month aluminium futures contract fell 1.3 per cent to $2,302/t, while zinc prices fell 0.4 per cent to $2,779/t. Lead dropped 0.4% to $2,087/t. In the meantime, nickel prices climbed...
According to a report on Thursday, April 12, Rio Tinto has started the construction work for a capacity increase to casting low-carbon, high-value aluminium billets by 202,000 tonnes at Alma smelter, Quebec. Rio Tinto is expanding its existing casting centre to include new state-of-the-art...
