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AlCircle launches new report - Aluminium Industry Recap 2020
30 DEC 20204MINS

AlCircle launches new report - Aluminium Industry Recap 2020

As the year 2020 comes to an end, AlCircle recapitulates the year in its new report Aluminium Industry Recap 2020 . The report compiles the new major innovations, investments, expansions, and policy changes that either shaped or disrupted the global aluminium industry value chain in 2020. The...

SHFE aluminium price sheds US$33/t to US$2412/t after falling across the board in overnight trading
29 DEC 20202MINS

SHFE aluminium price sheds US$33/t to US$2412/t after falling across the board in overnight trading

Shanghai base metals fell across the board in overnight trading, with aluminium decreased 0.95 per cent. The London Metal Exchange continued to remain close on Monday, December 28, for the Christmas holiday. As of Thursday, December 24, LME aluminium cash (bid) price and LME official settlement...

Recap 2020: Slowdown in production activities due to COVID19 let down primary aluminium demand & prices; Recovery began in H2
25 DEC 20209MINS

Recap 2020: Slowdown in production activities due to COVID19 let down primary aluminium demand & prices; Recovery began in H2

The first half of 2020 experienced a steady drop in primary aluminium prices worsened by falling demand for the metal due to the COVID19 pandemic. Slowdown in global economy caused by the unprecedented crisis touched upon almost all the industrial sectors, including automobile, construction, and...

LME aluminium price settled 1.15% higher at US$2022/t; SHFE extended growth to US$2465/t
25 DEC 20202MINS

LME aluminium price settled 1.15% higher at US$2022/t; SHFE extended growth to US$2465/t

The LME complex cruised higher, with aluminium increased 1.3 per cent. Benchmark aluminium price on the London Metal Exchange stood 1.15 per cent higher at US$ 2022 per tonne on Thursday, December 24, from US$ 1999 per tonne on Wednesday. LME aluminium cash (bid) price and LME official settlement...

LME aluminium price rebounded to $2010/t after a plunge; SHFE price stood higher at $2518/t
10 DEC 20201MINS

LME aluminium price rebounded to $2010/t after a plunge; SHFE price stood higher at $2518/t

The LME complex mostly advanced on Wednesday, December 9, with aluminium increased 1.85 per cent. Benchmark aluminium price on the London Metal Exchange rose by 1.21 per cent on December 9. Both LME aluminium cash (bid) price and LME official settlement price rebounded to US$ 2010 per tonne on...

China’s unwrought aluminium and aluminium products import down 28% in October
23 NOV 20201MINS

China’s unwrought aluminium and aluminium products import down 28% in October

According to the General Administration of Customs data, aluminium imports in China declined month-on-month in October as domestic and international prices spread narrows. Imports of unwrought aluminium and aluminium products came in at 256,619 tonnes last month, down 27.9%. Imports of unwrought...

LME aluminium closed lower at US$ 1904.5/t; SHFE aluminium rose 2.03%
13 NOV 20201MINS

LME aluminium closed lower at US$ 1904.5/t; SHFE aluminium rose 2.03%

LME complex rose for the most part on Friday morning. Aluminium added 0.55%. Benchmark aluminium price on London Metal Exchange dropped 0.03 per cent to US$ 1904.5 per tonne on Thursday, November 12, from US$ 1905 per tonne on Wednesday. As of Thursday November 12, LME aluminium cash (bid) price...

The “Corona” crisis: Aldel Aluminium smelter in Delfzijl to axe 60-70 jobs
11 NOV 20201MINS

The “Corona” crisis: Aldel Aluminium smelter in Delfzijl to axe 60-70 jobs

The Dutch Aluminum smelter Aldel in Delfzijl is cutting sixty to seventy jobs due to the outcome of the corona crisis. An Adel spokesperson confirms the news, as the COVID-19 pandemic has reduced the demand of the aluminium produced by the firm. The aluminium smelter is also facing a high...

Passenger Vehicle sales in India witness a decline of 8.8% Y-o-Y to 249,860 units in October 2020: FADA
10 NOV 20202MINS

Passenger Vehicle sales in India witness a decline of 8.8% Y-o-Y to 249,860 units in October 2020: FADA

In October 2020, passenger vehicle (PV) registrations saw a year-on-year drop of 8.8 per cent to 249,860 units, according to the data shared by the Federation of Automobile Dealers Association (FADA). Total vehicle registrations at regional transport offices (RTOs), which are proxies for sales,...

The US imports of crude metal and alloys up by 19% in Jan-August 2020; exports down 25%
10 NOV 20201MINS

The US imports of crude metal and alloys up by 19% in Jan-August 2020; exports down 25%

The US imported 270,000 tonnes of crude metal and alloys in August in 2020, a jump of 266% from 73,800 tonnes in August 2019. On a month-on-month comparison, imports rose by 7% from 253,000 tonnes in July, according to the latest Mineral Industry Survey report from US Geological Survey. In the...

China’s secondary aluminium producers’ operating rates improve to 59.6% in September: SMM
26 OCT 20201MINS

China’s secondary aluminium producers’ operating rates improve to 59.6% in September: SMM

According to the data released by the Shanghai Metals Market, China’s secondary aluminium producers’ operating rates increased by 6.6 percentage points month-on-month in September to stand at 59.6 per cent. In August 2020, China’s secondary aluminium operating rates were 53.1 per cent gaining 2.8...

Africa’s primary aluminium production in Q3 2020 drops by nearly 1%  Q-o-Q, output in September down by 3% M-o-M
21 OCT 20201MINS

Africa’s primary aluminium production in Q3 2020 drops by nearly 1% Q-o-Q, output in September down by 3% M-o-M

In September 2020, primary aluminium production in Africa stood at 131,000 tonnes, found the International Aluminium Institute’s latest data. In the month earlier (August), Africa’s primary aluminium output was 135,000 tonnes, meaning the country’s production in September declined by 4,000 tonnes...

JDE Peet’s plans to increase production capacity of aluminium coffee capsule
20 OCT 20202MINS

JDE Peet’s plans to increase production capacity of aluminium coffee capsule

JDE Peet’s has planned to expand production capacity of aluminium coffee capsule to meet the increased consumer demand. The company will install new high-speed aluminium coffee capsule production lines with an investment of EUR 110 million. JDE Peet’s will invest over the coming 18 months beginning...

China’s September primary aluminium production declines by 2.5% M-o-M to 3.11 MT, but increases by 7.7% Y-o-Y
13 OCT 20202MINS

China’s September primary aluminium production declines by 2.5% M-o-M to 3.11 MT, but increases by 7.7% Y-o-Y

China’s primary aluminium production continued to grow by 7.68 per cent year-on-year in September 2020 to stand at 3.11 million tonnes, found the Shanghai Metals Market survey. But when compared to the month earlier, the output of September stood down by 2.51 per cent from 3.19 million tonnes. As...

COVID-19 Impact Continues: ICRA fears aluminium consumption to decline by 8% in the current calendar year
09 OCT 20202MINS

COVID-19 Impact Continues: ICRA fears aluminium consumption to decline by 8% in the current calendar year

Rating agency ICRA fears that consumption of non-ferrous metals, including aluminium, will shrink significantly this year as a consequence of the COVID-19 pandemic. According to the agency, the pandemic has taken a severe toll on the global automobile, construction, and electrical machinery...

Recovery in China’s metal market resulting in incessant rise in unwrought aluminium imports may lead to polarisation
08 OCT 20202MINS

Recovery in China’s metal market resulting in incessant rise in unwrought aluminium imports may lead to polarisation

Incessant increase in China’s unwrought aluminium imports indicates a rare inversion in normal trade patterns. In August 2020, China imported 393,000 tonnes of primary aluminium and unwrought alloy combined, close to the previous record of 394,000 tonnes in April 2009. It is no coincidence that...

The US imports of crude metal and alloys up by 9% in Jan-Jul 2020; exports decline 26%
03 OCT 20201MINS

The US imports of crude metal and alloys up by 9% in Jan-Jul 2020; exports decline 26%

The US imported 253,000 tonnes of crude metal and alloys in July, an increase of 177.41% year-on-year. On a month-on-month comparison, imports reduced by 3.44% from 262,000 tonnes in June, according to the latest Mineral Industry Survey report from US Geological Survey. In the first seven months of...

Brazil’s import of Aluminium Tubes and Pipes during 2017-18 exhibits downfall, 2019-20 inclines toward up-market
29 SEPT 20202MINS

Brazil’s import of Aluminium Tubes and Pipes during 2017-18 exhibits downfall, 2019-20 inclines toward up-market

Brazil has the third-best advanced industrial sector in The Americas. The Latin American nation’s one-third of GDP has been contributed by its diverse industries range from automobiles, steel and petrochemicals to computers, aircraft, and consumer durables. Brazil’s import of aluminium tubes and...