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The “Corona” effect: Rusal transposes sales focus to necessity goods as automotive orders calling off
17 APR 20201MINS

The “Corona” effect: Rusal transposes sales focus to necessity goods as automotive orders calling off

RUSAL is the world's second-largest aluminium company by primary production output and it is pursuing to modify its sales portfolio, including more products for the medical and pharmaceutical industry, at a time of unfeasible market conditions among its traditional end consumers. Rusal has produced...

Iceland’s aluminium ingot export reflects $ billion market 2017-20
13 APR 20202MINS

Iceland’s aluminium ingot export reflects $ billion market 2017-20

Aluminium is the world’s most widely used non-iron and non-steel metal and is the basic ingredient for a wide range of recyclable products. The latter includes beverage cans, construction materials and transport vehicles. Silvery-white in colour, pure aluminium is non-magnetic and is also notable...

COVID19 outbreak fuelling the worldwide aluminium slow demand: Bloomberg Intelligence suggests
08 APR 20202MINS

COVID19 outbreak fuelling the worldwide aluminium slow demand: Bloomberg Intelligence suggests

The downfall in the aluminium industry could be traced back to the global financial crisis last year that forced many automobile companies and the construction projects to reduce or shut operations, resulting in demand crunch for the lightweight metal, according to Bloomberg observation. The...

The “Corona” disaster: Multiple US aluminium mills remain inactive as epidemic disrupts the market
04 APR 20203MINS

The “Corona” disaster: Multiple US aluminium mills remain inactive as epidemic disrupts the market

Multiple US aluminium rolling mills and extrusion plants declared temporary suspensions to their operations this week as the COVID-19 epidemic has continued to disrupt markets and erode demand. Aleris Aluminium at its Lewisport, Kentucky, rolling mill has suspended its production from 30th March’20...

Alumina price in China extends decline by RMB66/t; A00 aluminium ingot price falls RMB220/t after two consecutive hikes
02 APR 20203MINS

Alumina price in China extends decline by RMB66/t; A00 aluminium ingot price falls RMB220/t after two consecutive hikes

After continuous declines in the second half of the last month, the average alumina spot price in China started the fourth month of 2020 with a downfall of RMB 10 per tonne, and today on the second day the fall extended by RMB 66 per tonne to stand as low as RMB 2,267 per tonne, found Shanghai...

US aluminium production up by 23% in 2019; secondary aluminium output declines 9%
27 MAR 20202MINS

US aluminium production up by 23% in 2019; secondary aluminium output declines 9%

According to the latest report from the US Geological Survey, US domestic primary aluminium production came in at 91,000 tonnes in December 2019. The average daily production was 2,950 tonnes, essentially unchanged from that in November 2019, 3% less than that in December 2018, but 43% more than...

EGA’s 2019 revenue declines 12% despite higher sales volume of value-added products
26 MAR 20202MINS

EGA’s 2019 revenue declines 12% despite higher sales volume of value-added products

Emirates Global Aluminium, the world’s largest premium aluminium producer, has revealed its financial and operational reports of 2019, where it has mentioned that its revenue totalled at AED 20.5 billion ($5.6 billion) during the year. In 2018, EGA’s revenue was AED 23.5 billion ($6.4 billion),...

Ukraine’s bauxite import remains strong during 2017-19: Growth of 4.69% projected in 2020
26 MAR 20202MINS

Ukraine’s bauxite import remains strong during 2017-19: Growth of 4.69% projected in 2020

Ukraine has been raising the import of aluminium ore Y-o-Y, thus sending a positive message to the global bauxite/aluminium industry. The total bauxite import during 2017-19 stood at 15.48 million tonnes, whereas the import estimation for 2020 stood at 5.80 million tonnes when added the volume...

LME aluminium price declined sharply to $1507.5/t; SHFE rose for the fourth day in a row to $1632/t
26 MAR 20202MINS

LME aluminium price declined sharply to $1507.5/t; SHFE rose for the fourth day in a row to $1632/t

The US dollar extended its decline on Wednesday as a US$ 2 trillion US stimulus bill helped boost risk appetite and reduced demand for the safe haven currency. The US dollar index, which tracks the greenback against a basket of its peers, hits its lowest in a week. Three-month LME aluminium pulled...

Azerbaijan’s Aluminium export market reflects volatility during 2017-20
20 MAR 20202MINS

Azerbaijan’s Aluminium export market reflects volatility during 2017-20

Azerbaijan, a country positioned at the junction point of south-western Asia with south-eastern Europe, north of Iran and south of Russia. It shipped $19.6 billion worth of goods around the globe in 2019. The US dollar amount reflects a -55.3% decline since 2015 and a -0.9% increase from 2018 to...

Coronavirus outbreak in Italy: Aluminium ingot and billets market players bracing for the worst, current week remains steady
12 MAR 20202MINS

Coronavirus outbreak in Italy: Aluminium ingot and billets market players bracing for the worst, current week remains steady

Coronavirus epidemic has broadly affected Italy within the European nations. As on 10 th March’20, more than 10,000 cases and more than 600 death deaths have been registered. The country has initiated emergency measures which includes travel restrictions and the banning of public gatherings, in a...

The Netherlands Aluminium structures export shows strong market during 2017-20
11 MAR 20202MINS

The Netherlands Aluminium structures export shows strong market during 2017-20

The Netherlands is the ninth largest export economy of the world, exporting $435 billion of goods each year as recorded in 2019. The country shows a positive trade balance of $42.8 billion after deducting annual imports of $393 billion. The Netherlands has a 4.6% share of the annual $37.2 billion...

China’s primary aluminium production shrank in February to 2.87 million tonnes: SMM
06 MAR 20202MINS

China’s primary aluminium production shrank in February to 2.87 million tonnes: SMM

According to Shanghai Metals Market, the primary aluminium production in China shrank to 2.87 million tonnes in February, but year-on-year it was up by 6.9 per cent. Operating rates were down by 0.2 percentage point from the end of January to 89.3 per cent, as newly-commissioned projects were still...

Rusal’s shares sink, sends warning of Coronavirus
04 MAR 20201MINS

Rusal’s shares sink, sends warning of Coronavirus

The Russian aluminium giant Rusal anticipates the coronavirus epidemic to negatively affect the aluminium market in China during the first half of 2020. On 28 th February’20 the company stated that its Hong Kong-listed shares down by11% to a 2-month low. Multiple countries from various continents...

Three-month LME aluminium extended growth by 0.67% on the lowest dollar index since early this year
04 MAR 20202MINS

Three-month LME aluminium extended growth by 0.67% on the lowest dollar index since early this year

The US dollar fell across the board after the US Federal Reserve cut interest rates on Tuesday, March 3, in an emergency move designed to shield the economy from the impact of the coronavirus.The dollar index, which tracks the greenback against a basket of other currencies, slipped to the lowest...

Coronavirus takes massive toll on China’s aluminium value-chain market: Source
27 FEB 20203MINS

Coronavirus takes massive toll on China’s aluminium value-chain market: Source

Just when the demand for aluminium was rebounding and manufacturing revival was showing encouraging signs towards the end of 2019, the deadly Coronavirus made its appearance in China at the beginning of 2020 and took a toll on almost all parts of the world. The global aluminium market in 2019 was...

Launched! “Aluminium LeaderSpeak 2020”
26 FEB 20202MINS

Launched! “Aluminium LeaderSpeak 2020”

AlCircle takes pleasure in announcing that it has launched the second edition of its flagship e-magazine “Aluminium LeaderSpeak 2020” . It is an exclusive e-magazine, whereby top industry leaders from the complete aluminium value chain have shared their views on how the year may transpire for them...

“2020 will definitely be a key milestone in the deployment of the Fives digital solutions in various sectors,” - Mr Sébastien GAUGUIER, Head of Fives, Aluminium Division
24 FEB 20206MINS

“2020 will definitely be a key milestone in the deployment of the Fives digital solutions in various sectors,” - Mr Sébastien GAUGUIER, Head of Fives, Aluminium Division

Fives is an industrial engineering group specialised in designing, supplying machines, and processing equipment and production lines for the world’s largest industrial groups, including the aluminium, steel, glass, automotive, aerospace, logistics, cement, and energy sectors. Located in nearly 30...