HPCL brings energy leaders, researchers and startups together at IISc Bengaluru to accelerate energy innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
ADC12 consolidates on a strong note as costs rise and orders see marginal improvement
Aluminium scrap: This week, China's aluminium scrap market price centre edged up alongside primary aluminium. As of September 10, SMM A00 aluminium prices closed at RMB 24,560 per tonne, up RMB 210 per tonne from RMB 24,350 per tonne last Thursday. Domestic aluminium scrap prices followed with...
Grow with
AL Circle
LME benchmark aluminium price marks an elevation of US$27.5/t; SHFE witnesses US$10/t spike
LME aluminium opened at US$2,377 per tonne on Wednesday, with its high and low at US$2,418 per tonne and US$2,376 per tonne respectively before closing at US$2,392 per tonne, a gain of US$20.5 per tonne or 0.86 per cent. On December 21, Wednesday, LME aluminium cash bid price jumped up by US$26 per...
ASI certifies Guangyuan Linfeng Aluminum & Electricity against Performance Standard for ingot smelting with hydropower
Aluminium Stewardship Initiative has reportedly certified Guangyuan Linfeng Aluminum & Electricity Co., LTD against the Performance Standard V2 (2017) Certification for aluminium smelting activities at the Yuanjiaba Industrial Park, Guangyuan Economic and Technological Development Zone, China. The...
Chinese aluminium extrusion exports rebound to 82,200 tonnes in Nov’22 after continuous declines since mid-year
According to China customs data, Chinese aluminium extrusion exports amounted to 82,200 tonnes in November 2022, up by 8,100 tonnes or 10.9 per cent month-on-month but down by 6.7 per cent year-on-year. Gunagdong province accounted for 51.2 per cent of the total exports, followed by Shandong at 12...
World primary aluminium production reflects a monthly drop of 3.2% in November 2022
World primary aluminium production in November 2022 amounted to 5.611 million tonnes, reflecting a monthly drop of 3.21 per cent, showed the International Aluminium Insititute. However, the output in October recorded a month-on-month rise of 2.26 per cent from 5.669 million tonnes to 5.797 million...
ASI certifies Shandong Hongchuang Aluminium against Performance Standard for rolling operations
Aluminium Stewardship Initiative (ASI) has certified China Hongqiao Group’s subsidiary operation Shandong Hongchuang Aluminium Holding Co., Ltd., along with its three wholly-owned subsidiaries, against the Performance Standard V2 (2017) Certification. Shandong Hongchuang Aluminium Holding Co., Ltd....
LME aluminium price grows slightly by US$2.5/t; SHFE also hikes reaching at US$2673/t
LME aluminium opened at US$2,370 per tonne on Tuesday, December 20, with high and low at US$2,410 per tonne and US$2,363.50 per tonne, respectively, before closing at US$2,371.50 per tonne, a gain of US$1.5 per tonne or 0.06 per cent. On Tuesday, December 20, LME aluminium cash bid price slightly...
China’s A00 aluminium ingot price grows to RMB18,780/t; Low carbon aluminium price hikes by RMB80/t
On Wednesday, December 21, A00 aluminium ingot price has ascended by RMB 70 per tonne to stand at RMB 18,780 per tonne, with the average price expected to stand between RMB 18,760 per tonne and RMB 18,800 per tonne. The spot contract price is expected to be traded at a premium price of RMB 140 to...
China’s A00 aluminium ingot price stoops to RMB18710/t; Australian Alumina FOB price reduces by US$5/t
A00 aluminium ingot price has recorded a drop of RMB 30 per tonne, resting at RMB 18,710 per tonne, as the Shanghai Metals Market recorded on Tuesday, December 20. The average prices are expected to range between RMB 18,690 per tonne and RMB 18,730 per tonne, with spot contracts trading at premium...
China’s A00 aluminium ingot price shrinks by RMB100/t; Aluminium alloy (A356) price also loses RMB100/t
A00 aluminium ingot price has recorded a downfall of RMB 100 per tonne, resting at RMB 18,740 per tonne, as the Shanghai Metals Market recorded on Monday, December 19. The average prices are expected to range between RMB 18,720 per tonne and RMB 18,760 per tonne, with spot contracts trading at...
LME benchmark aluminium price subsides by US$42/t to US$2354/t; SHFE aluminium price sheds US$4/t
LME aluminium opened at US$2,390 per tonne last Friday, with its high and low at US$2,421 per tonne and US$2,372 per tonne, respectively before closing at US$2,379 per tonne, a drop of US$7 per tonne or 0.29 per cent. On December 16, Friday, LME aluminium cash bid price and the LME aluminium...
A00 aluminium ingot price in China slumps by RMB80/t; Alumina spot price went up by RMB2/t
On Friday, December 16, the A00 aluminium ingot price in China slumped by RMB 80 per tonne to stand at RMB 18,840 per tonne, with the average prices standing between RMB 18,820 per tonne and RMB 18,860 per tonne. The spot contract price is expected to be traded at a premium price of RMB 100 to RMB...
China’s primary aluminium inventories reach nearly 5-year low at 482,000 tonnes
China’s social inventories of primary aluminium have suffered a loss of 18,000 tonnes week-on-week to reach a new low on Thursday, December 15. According to the Shanghai Metals Market data, inventories have come in at 482,000 tonnes, the lowest in nearly five years. The figure is also 34,000 tonnes...
China’s primary aluminium production grows 9.4% in November’22 bringing total output in 11 months to 36.77 Mt
According to the National Bureau of Statistics (NBS), China’s primary aluminium production in November 2022 escalated by 9.4 per cent year-on-year as power restrictions eased, allowing some regions to ramp up output and small smelters to commence operations. NBS data showed China produced 3.41...
LME benchmark aluminium price dips by US$8.5/t; SHFE levitates to US$2760/t with US$7/t gain
LME aluminium opened at US$2,455 per tonne on Wednesday, with its high and low at US$2,466.5 per tonne and US$2,423 per tonne respectively before closing at US$2,452 per tonne, a drop of US$2.5 per tonne or 0.1 per cent. On December 14, Wednesday, LME aluminium cash bid price slumped by RMB 8 per...
China’s bauxite imports grow 9% M-o-M to 8.98 million tonnes, with Guinea the top supplier
China’s bauxite imports in October 2022 amounted to 8.98 million tonnes, reflecting a month-on-month rise of 9.27 per cent but a year-on-year downfall of 5.87 per cent, found the General Administration of Customs. Guinea, being the top exporter, provided 4.41 million tonnes, up both M-o-M and Y-o-Y...
Average alumina spot price in China gains RMB15/t to RMB 2,897/t; A00 aluminium ingot price dips to RMB 18,920/t
On Tuesday, December 13, the average alumina spot price in China went up by RMB 15 per tonne to halt at RMB 2,897 per tonne. The price in Shandong and Bayuquan has climbed up by RMB 35 per tonne and RMB 30 per tonne to settle at RMB 2,850 per tonne and RMB 2,930 per tonne. On the same day in...
China’s domestic metallurgical-grade alumina production in November’22 reflects 6% dip M-o-M
China’s domestic metallurgical-grade alumina production in November 2022 (30 calendar days) was 6.29 million tonnes, down by 5.84 per cent month-on-month from 6.68 million tonnes but up by 3.11 per cent year-on-year from 6.1 million tonnes, found the Shanghai Metals Market data. Average daily...
Aluminium billet inventories grow by 2,600 tonnes W-o-W to 71,600 tonnes
On Thursday, December 8, the social inventory of aluminium billets was 71,600 tonnes, up 2,600 tonnes from the previous week but down 4,300 tonnes from the previous Monday, December 5. The inventory increased by 4,300 tonnes from November's end but decreased by 13,900 tonnes from the prior year....
