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
China’s primary aluminium imports during Jan-Aug’22 record a plunge of 71% to 297,600 tonnes
According to the General Administration of Customs, China’s primary aluminium import amounted to 49,300 tonnes in August 2022, reflecting a downfall of 3.35 per cent month-on-month and 53.3 per cent year-on-year. That brought the total imports during January-August to 297,600 tonnes, a year-on-year...
A00 aluminium ingot price in China ascends to RMB18,710/t; Average alumina spot price slips by RMB10/t
On Friday, September 23, the A00 aluminium ingot price went up by RMB 50 per tonne to settle at RMB 18,710 per tonne. The average price for the same is expected to range between RMB 18,690 per tonne and RMB 18,730 per tonne, with spot contracts to be traded at a discount price of RMB 70 to RMB 30...
China’s August bauxite imports stand above 10 million tonnes, reflecting a 1.48% rise M-o-M
General Administration of Customs showed China’s bauxite imports continued to total above 10 million tonnes in August 2022. As per the data revealed, the country imported 10.75 million tonnes of the ore, which reflected an increase of 1.48 per cent month-on-month and 23.53 per cent over the year....
China’s A00 aluminium ingot price goes up by RMB110/t; Alumina price in Henan dwindles down RMB30/t
A00 aluminium ingot price has escalated by RMB 110 per tonne to close at RMB 18,660 per tonne, as the Shanghai Metals Market recorded on Thursday, September 22. The average prices are expected to range between RMB 18,640 per tonne and RMB 18,680 per tonne, with spot contracts trading at discount...
World primary aluminium production in Aug’22 shows restrained M-o-M but grows 3.5% Y-o-Y to total 5.888 Mt
According to the data released by the International Aluminium Institute, world primary aluminium production stood muted at 5.888 million tonnes in August 2022 compared to 5.878 million tonnes a month ago. But the output in July reflected a hike of 3.78 per cent month-on-month from 5.664 million...
A00 aluminium ingot price in China slumps by RMB140/t; Average alumina spot price dips by RMB4/t
On Wednesday, September 21, A00 aluminium ingot price in China slumped by RMB 140 per tonne to halt at RMB 18,550 per tonne, with the average prices ranging between RMB 18,530 per tonne and RMB 18,570 per tonne. The spot contract price is expected to be traded at a discount price of RMB 70 to RMB...
LME benchmark aluminium price marks a rise of US$13.5/t ; SHFE sheds 1.75%
LME aluminium opened at US$2,256 per tonne on Tuesday and closed at US$2,255 per tonne, up US$6 per tonne or 0.27 per cent. LME aluminium cash bid price has risen by US$14 per tonne or 0.63 per cent to settle at US$2,245 per tonne and LME aluminium official settlement price gains US$13.50 per tonne...
Primary aluminium inventories across China reflect an increase of 10,000 tonnes over the weekend
Social inventories of aluminium ingot across China’s eight major consumption areas, including SHFE warrants, grew by 10,000 tonnes over the weekend ended Monday, September 19, to stand at 685,000 tonnes, found the Shanghai Metals Market. But compared to the previous Monday, September 12, the...
ASI certifies Press Metal International Limited’s aluminium alloy profiles plant at Foshan, China
Aluminium Stewardship Initiative has reportedly certified Press Metal International Limited (PMI) with Performance Standard V2 (2017) certification with Provisional status. Press Metal International, a subsidiary of Press Metal, has received the certificate for its casthouse, extrusion, anodizing,...
China’s A00 aluminium ingot price falls for two days straight to RMB18690/t; Alumina price in Guangxi loses RMB15/t
A00 aluminium ingot price has slumped by RMB 80 per tonne to close at RMB 18,690 per tonne, as the Shanghai Metals Market recorded on Tuesday, September 20. The average prices are expected to range between RMB 18,670 per tonne and RMB 18,710 per tonne, with spot contracts trading at discount prices...
China’s A00 aluminium price sheds RMB100/t; Alumina price in Shanxi downsizes by RMB10/t
A00 aluminium ingot price has plunged by RMB 100 per tonne to halt at RMB 18,770 per tonne, as the Shanghai Metals Market recorded on Monday, September 19. The average prices are expected to range between RMB 18,750 per tonne and RMB 18,790 per tonne, with spot contracts trading at discount prices...
China's aluminium imports for August declined 19% Y-o-Y: Customs data
On 18th September 2022, the Chinese customs data revealed that China's aluminium imports in August 2022 descended 19% from the previous year's same period. The record rise in domestic production and limited export supply is the primary reason for this import dip. China stands as the world’s largest...
Primary weekly recap: Yunnan orders aluminium producers to reduce power usage in the coming weeks; Russia-Ukraine's geopolitical crisis may enhance Egyptalum's financial performance
According to sources, the Yunnan province in southwest China gave this week's directive to aluminium companies to use less energy. In addition to its captive power plant (CPP) at its Mahan facility, Hindalco Industries, the largest manufacturer of aluminium in India, started producing energy from a...
Aluminium billet inventories in China slump by 2,700 tonnes W-o-W to 114,900 tonnes
On Thursday, September 15, the domestic social inventory of aluminium billets dropped by 2,700 tonnes or 2.29 per cent across three major consumption areas to close at 114,900 tonnes. This month, the orders received by downstream businesses had hardly improved. Since downstream producers are...
A00 aluminium ingot price in China grows by RMB80/t; Low carbon aluminium price hikes by RMB95/t
On Friday, September 16, A00 aluminium ingot price in China went up by RMB 80 per tonne to settle at RMB 18,870 per tonne. The average price for the same is expected to range between RMB 18,850 per tonne and RMB 18,890 per tonne, with spot contracts to be traded at a discount price of RMB 70 to RMB...
Zhejiang Huashuo Technology Co., Ltd joins ASI as new Production and Transformation member
On Wednesday, September 14, Aluminium Stewardship Initiative announced the joining of Zhejiang Huashuo Technology Co., Ltd as its new Production and Transformation member. Zhejiang Huashuo Technology Co., Ltd. is based in the Beilun district of Ningbo City, Zhejiang province of China, and is...
Power rationing in Sichuan fails to drag down China's domestic aluminium output; reflects stability at 3.488 Mt
According to the Shanghai Metals Market, China’s aluminium production in August (31 calendar days) amounted to 3.488 million tonnes, reflecting a steady trend compared to 3.5 million tonnes in the previous month and 8.16 per cent higher than in a year ago. The total output during January-September...
A00 aluminium ingot price in China hikes by RMB160/t; Alumina spot price descends by RMB11/t
On Thursday, September 15, the A00 aluminium ingot price in China hiked by RMB 160 per tonne to settle at RMB 18,790 per tonne, with the average prices ranging between RMB 18,770 per tonne and RMB 18,810 per tonne. The spot contract price is expected to be traded at a discount price of RMB 20 per...
