The world’s aluminium smelters consume about 3.5% of the total global electric power. Globally, the aluminium industry emits around 450 MT of CO2-equivalents annually (around 1% of world’s total emission). These numbers are growing because an increasing share of the aluminium production is derived from electricity from fossil fuel. With the global demand for energy […]
The New Year has just unwrapped itself with a positive note for the global aluminium industry. LME aluminium prices and premiums are settling down after a long period of volatility. The industry is preparing itself for an eventful year ahead hoping to uncover new business opportunities during major aluminium events. Asia is going to play […]
Another challenging but eventful year for the aluminium industry has come to an end. Overall, the year has been positive for the global aluminium industry. LME aluminium prices have been on an upward curve and premium, after a continuous fall in the beginning has started to settle during the second half of the year. Chinese […]
AlCircle, since its inception has been on a roller coaster ride. The amalgamation of Digital world with a hardcore Metal Industry has not been an easy walk, especially when you are trying to become the changing face of an Industry that is worth no less than 500 billion USD. It is with a vast vision, […]
As 2016 comes to a close, we are thinking about one and only one thing – how to make AlCircle more useful for our users. This year has been nothing short of phenomenal for us. We grew multiple times in traffic, published different types of news, blogs, moved from old homepage to our newly designed […]
The U.S. Federal Reserve began its two-day monetary policy meeting yesterday and commodity markets across the world are already anticipating a rate hike of at least 25 basis points- the first rise in a year. The Fed last increased rates in December 2015. Global aluminium market, which has witnessed a lot of volatility this year […]
The Gulf countries have been trying to divert the economy from its sole dependence on oil and natural gas sector to key non-oil industries. In this effort, the aluminium industry grew immensely in last one decade. Five major aluminium smelters contribute to produces about 5.2 million tons of primary aluminium in the GCC region. They […]
Aluminium, as a metal has been with mankind for about 200 years, it is one of the most modern metals in the world. Despite the fact, today, more aluminium is produced than all other nonferrous metals put together. The total annual world production of primary aluminium was about 58 million metric tonnes in 2015, and […]
We know about the LME aluminium contracts and how they are traded in LME. We have already discussed how AlToolz is offering LME Official Prices for Aluminium (High grade primary aluminium) and Aluminium Alloy (A380.1, 226 or AD12.1 aluminium alloy) Contracts as a part of its premium services. Each of the reference prices published by the London Metal Exchange is derived directly from trading and […]
Lightweighting is the order of the day. Globally, transportation industry players are spending dollars to hit upon that one perfect technology that enables them to reduce weight of their next outgoing vehicle model so that it meets the now stricter sustainability rules. In packaging too, brands are racing against time to attain that perfect thickness […]