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Domestic demand for European aluminium foil rolls grows 5% in 1Q2022 driven by packaging industry
30 MAY 20222MINS

Domestic demand for European aluminium foil rolls grows 5% in 1Q2022 driven by packaging industry

According to a report published by the European Aluminium Foil Association, the first quarter of 2022 witnessed robust domestic demand for European aluminium foil rolls, countervailing a continuing decline in exports. Demand in the larger domestic market segment grew by 5 per cent in the quarter,...

US monthly aluminium plates, sheets and bars imports from Greece in February’22 reflect fluctuating movement
27 MAY 20221MINS

US monthly aluminium plates, sheets and bars imports from Greece in February’22 reflect fluctuating movement

In February 2022, Greece exported 2,030 tonnes of aluminium plates, sheets and bars to the United States, which on an M-o-M scale dropped by 270 tonnes from 2,300 tonnes in January 2022. However, in January 2022, a surge of 100 tonnes or 4.54 per cent was recorded from 2,200 tonnes in December...

Ciao, fully-aluminium made 52 metre speciality yacht by CRN
25 MAY 20222MINS

Ciao, fully-aluminium made 52 metre speciality yacht by CRN

CRN, a renowned Italian superyacht builder, has revealed its 52 metres aluminium built yacht, Ciao, after its last week’s launch of a 62-metre superyacht, Rio. The unveiling has taken place at the Ancona Facility belonging to Ferretti Group, Italy’s multinational shipbuilding company. CRN described...

European primary aluminium smelters continue to curtail production as energy cost rises
25 MAY 20223MINS

European primary aluminium smelters continue to curtail production as energy cost rises

In the face of rising energy prices, Europe's major aluminium smelters are continuing to reduce output. Over the last year, the region's output of light metal has decreased by an annualised 550,000 tonnes, with the decline continuing. With European smelters already grappling with the rising...

Hydro possible to close down Slovalco aluminium smelter without government's carbon scheme assistance
24 MAY 20222MINS

Hydro possible to close down Slovalco aluminium smelter without government's carbon scheme assistance

The Norwegian aluminium company, Norsk Hydro has stated by delivering a statement that there is a possibility to shut down its majority-owned aluminium smelter in Slovakia without the government in the nation coming out to support financially through the carbon compensation scheme. The Slovalco...

CCT unveils aluminium lug jar lid at PLMA’s annual international trade show, first of its kind in Europe
24 MAY 20223MINS

CCT unveils aluminium lug jar lid at PLMA’s annual international trade show, first of its kind in Europe

Consumer Convenience Technologies (CCT) reported that the new aluminium lug jar lid of CCT’s EEASY Lid will be displayed to the European markets at the PLMA’s annual "World of Private Label" international trade show in Amsterdam on May 31-June 1. CCT’s unique EEASY Lid can be opened easily by...

Aluminium scrap exports by Estonia reached a record high during 2019-22
23 MAY 20222MINS

Aluminium scrap exports by Estonia reached a record high during 2019-22

Aluminium is 100% recyclable and does not lose any of its properties or quality when it is recycled. Aluminium has been produced for over a century and is still in production today. Its recyclability plays a critical role in its success. Recovery and recycling have proven to be so valuable - both...

Austria’s export of aluminium scrap during 2019-21 manifests sustainable growth; a 3% upswing estimated for 2022
23 MAY 20222MINS

Austria’s export of aluminium scrap during 2019-21 manifests sustainable growth; a 3% upswing estimated for 2022

The recycling of aluminium has significant positive effects on the economy and the environment. The metal has an infinite recyclable feature, which consumes up to 95% less energy to recycle than to produce primary aluminium rationally and it also limits emissions, including greenhouse gases....

Arconic seeks to sell its Russian operations, $500 million loss count for exit
20 MAY 20222MINS

Arconic seeks to sell its Russian operations, $500 million loss count for exit

Arconic Inc., the spun off from the US aluminium giant Alcoa Corporation is seeking to sell its Russian business, as per the statement released by the company. The losses for the American industrial company, Arconic, specializing in lightweight metals engineering and manufacturing anticipated...

Hydro plans to invest NOK 320 million in Karmøy aluminium smelter
19 MAY 20222MINS

Hydro plans to invest NOK 320 million in Karmøy aluminium smelter

On May 19, Hydro reported that it is planning an investment of NOK 320 million in Karmøy aluminium smelter. The plant's 22 kV switchgear will be replaced as part of this investment. The project will begin in the fourth quarter of 2022 and is expected to be completed by the end of 2024. The project,...

Coming soon! AlCircle’s next e-Magazine on “European Aluminium Industry: Focus 2022”
18 MAY 20223MINS

Coming soon! AlCircle’s next e-Magazine on “European Aluminium Industry: Focus 2022”

AlCircle is enthralled to announce its 11th publication of e-Magazine titled, “European Aluminium Industry: Focus 2022.” The e-Magazine will feature exclusive views and opinions from the key figures of the European aluminium industry and other stalwarts associated with the regional value chain. The...

ALRO’s consolidated turnover augments by 48% Y-o-Y in 1Q2022 driven by higher LME prices
17 MAY 20224MINS

ALRO’s consolidated turnover augments by 48% Y-o-Y in 1Q2022 driven by higher LME prices

On May 16, Romanian integrated aluminium company ALRO S.A. released its Interim Condensed Consolidated Financial Statements for the first quarter of 2022 (1Q2022). ALRO, one of the largest aluminium producers in Europe, registered a turnover of RON 1.1 billion in the first quarter of 2022, up 48...

Novelis releases its first Green Bond report securing $140 million for recycling capacity enhancement
17 MAY 20221MINS

Novelis releases its first Green Bond report securing $140 million for recycling capacity enhancement

The Atlanta, Georgia headquartered American industrial aluminium company Novelis Inc. on 16th May 2022 released its first Green Bond report. Novelis Inc., the leading sustainable aluminium solutions provider and world leader in rolled aluminium products issued a 500 million EUR (approximately $588...

Aluminium scarcity in Europe will further erode 17-year low LME stocks
17 MAY 20222MINS

Aluminium scarcity in Europe will further erode 17-year low LME stocks

Aluminium supplies to Europe to fill the scarcity in the region will further lower the aluminium inventories in LME-approved warehouses over the coming days and weeks from its current 17-year low. Citi analyst Max Layton has analysed and noted that aluminium supply will continue to remain weak in...

Netherlands export of aluminium bar rods and profiles during 2019-21 illustrates significant growth; marginal dip estimated for 2022
17 MAY 20222MINS

Netherlands export of aluminium bar rods and profiles during 2019-21 illustrates significant growth; marginal dip estimated for 2022

The Netherlands ranks as the 10 th leading exporter in the world with its foodstuffs sector is one of the country's largest industries, while other substantial industries include metallurgy, energy, chemical, trade, machinery, electrical goods and services, and tourism. Aluminium profiles are...

Hydrovolt, Europe’s largest EV battery recycling plant aims to recycle 12,000 tonnes battery packs per year
16 MAY 20223MINS

Hydrovolt, Europe’s largest EV battery recycling plant aims to recycle 12,000 tonnes battery packs per year

Together with Northvolt, Hydro has come up with Hydrovolt, a battery recycling joint venture, which has begun commercial recycling operations at its facilities in Fredrikstad, Norway. Considered Europe’s largest electric car battery recycling operation, Hydrovolt has the capacity of processing...

Italy's aluminium scrap import during 2019-22 excels with the rise in secondary production
16 MAY 20222MINS

Italy's aluminium scrap import during 2019-22 excels with the rise in secondary production

Aluminium is an essential element of the ‘Green Economy’. In total, aluminium scrap had a global trade value of $11.2 billion, which placed it 283rd among the world's most traded products. Aluminium scrap ranks 796th in the Product Complexity Index (PCI). A nation with a diversified industrial...

Gränges reported a fire incident at under commissioning cold rolling mill in Konin
15 MAY 20222MINS

Gränges reported a fire incident at under commissioning cold rolling mill in Konin

Granges, the aluminium technology company driving the development of lighter and more sustainable aluminium products and solutions reported a fire incident on 13th May 2022 in the newly built cold rolling mill currently under commissioning in Konin, Poland production facility. The management...