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AlCircle China
www.chinese.alcircle.com
/Images/icons/news-icon.png Primary Aluminium - News
Post GST, effective coal prices drop by 2-3% for Indian aluminium producers /Images/icons/OpenNewWindowIcon.gif

The implementation of the Goods and Service Tax (GST) regime has resulted in the decrease of effective coal prices by 2-3 per cent for aluminium producers in India. The new tax structure has subsumed several additional taxes making power a little cheaper for the domestic players ...

AlCircle.com
24/Jul/2017
A00 Aluminium Ingot prices inch higher across major China markets; Chalco cuts prices /Images/icons/OpenNewWindowIcon.gif

The prices of A00 Aluminium Ingot inched higher across major China markets though there was no fresh news of domestic aluminium output cut after Xinjiang and Shandong. The demand for the metal is estimated to drop in the fourth quarter of the current financial year, when focus wi ...

AlCircle.com
24/Jul/2017
LME aluminium to range at US$1,910-1,930/t; no further news of China aluminium output cut /Images/icons/OpenNewWindowIcon.gif

LME aluminium ended last week marginally above US$1,900 per tonne. Rising by 0.15 per cent from its earlier close of US$1,898 per tonne, the light metal settled at US$1,901 per tonne on Friday, July 21. With no further news of aluminium output cut in China, LME aluminium is expec ...

AlCircle.com
24/Jul/2017
Global aluminium production outside China declines in June, IAI data says /Images/icons/OpenNewWindowIcon.gif

According to the data showed by the International Aluminium Institute (IAI), the daily average primary aluminium production excluding China increased in June against May. The primary aluminium production stood at 70,300 tonnes in June as compared to 70,000 tonnes in May. In Ch ...

AlCircle.com
23/Jul/2017
Aluminium outlook for H2 2017: Chinese aluminium capacity cut to drive prices /Images/icons/OpenNewWindowIcon.gif

The first six months of 2017 are just over and aluminium has emerged as the best performing industrial metal of 2017 so far by gaining close to 15% in the first quarter itself. It has much outpaced base metals like zinc and copper after posting a 12.43% growth in 2016. Aluminium ...

AlCircle.com
21/Jul/2017
South32 reports record aluminium production in FY17 at Mozal Aluminium /Images/icons/OpenNewWindowIcon.gif

 South32, a globally diversified mining and metals company, yesterday reported an increase in production in all segments for the three months to June as compared to previous quarter. However, the company’s full year performance that ended in June was lower for several ...

AlCircle.com
21/Jul/2017
LME aluminium to trade within US$1,906-1,927/t; mixed signals and no support ahead /Images/icons/OpenNewWindowIcon.gif

LME aluminium, as expected, failed to hold steady above US$1,900 level. After night trading on Thursday, July 20, the light metal fell to US$1,898 per tonne from its earlier gain of US$1,907 per tonne on July 19. Though the US dollar is weak, LME aluminium does not seem to be dra ...

AlCircle.com
21/Jul/2017
A00 ingot prices edge higher in major China markets; Chalco hikes its prices /Images/icons/OpenNewWindowIcon.gif

The prices for A00 Aluminium Ingot for all major China markets (North, South, North-East and South-West) have registered a rise today, on July 20, after yesterday’s drop on July 19. The revised prices for the commodity are as follows: On July 20 2017, Thursday, the avera ...

AlCircle.com
20/Jul/2017
Alcoa Corporation reports increased sequential revenue for Q2 2017; remains profitable despite low alumina price /Images/icons/OpenNewWindowIcon.gif

Alcoa Corporation reported financial results for Q2 2017 on July 19. The Company increased revenue on higher shipments and grew its cash balance sequentially. Alcoa remains profitable despite lower alumina prices. “Alcoa generated solid profitability in the second quarte ...

AlCircle.com
20/Jul/2017
LME aluminium rises, but can the uptrend hold up? /Images/icons/OpenNewWindowIcon.gif

LME aluminium gained some strength buoyed by optimism generated by the scheduled release of policy decisions by the Bank of Japan and European Central Bank today. The lightmetal contract rose by 1.05 per cent from its previous day’s close of US$1,887 per tonne to US$1,907 p ...

AlCircle.com
20/Jul/2017