AlCircle News Edited By "Staff Editor"
China’s A00 aluminium ingot price falls by RMB 170/t with stable bauxite & alumina prices
On Friday August 2, the market for aluminium ingot alloy showcased a notable trend. The market for aluminium ingot experienced a major adjustment across various regions of China. According to the Shanghai Metal Market (SMM), the price of A00 aluminium ingot closed at RMB 19,000 per tonne,...
SMM A00 aluminium ingot price surges by RMB200/t amid China’s market support pledge
As of 1st August, the Shanghai Metal Market (SMM) China’s A00 aluminium ingot price initiated the month with an average price of RMB 19,170 per tonne. Compared to the previous day, the price has skyrocketed by RMB 200 per tonne after China’s leaders pledged increased support measures to stabilise...
China’s A00 aluminium ingot price gains RMB70/t, representing a positive market sentiment by month-end
According to the Shanghai Metal Market (SMM), the price of A00 aluminium ingot has witnessed a modest increase after three consecutive dips. China’s A00 aluminium ingot price on July 31st, 2024, registered at RMB 18,970 per tonne, surged by RMB 70 per tonne from the previous trading day, indicating...
China’s A00 aluminium ingot price stands below RMB19000/t in over four months
According to the Shanghai Metal Market (SMM) survey, China’s A00 aluminium ingot price has witnessed a sharp fall of RMB 260 per tonne from the previous trading day to stand at RMB 18,900 per tonne. After more than four months, the price has pegged below the RMB 19,000 per tonne level. The average...
China’s A00 aluminium ingot price declines by RMB270/t W-o-W, reflecting the continuing downward trend
According to Shanghai Metal Market (SMM) survey China’s A00 aluminium ingot price on July 29, has decreased by RMB 40 per tonne or 0.21 per cent from the previous day, settling at RMB 19,160 per tonne. This price shift marks a slight decline from the previous trading session, highlighting a...
China’s aluminium market continues facing bearish sentiment, with A00 aluminium ingot price losing RMB1190/t in a month
According to Shanghai Metal Market (SMM) survey, China’s A00 aluminium ingot price has descended by RMB 190 per tonne to clock at RMB 19,010 per tonne on July 25, continuing the bearish trend observed over the past weeks. This reduction brings the price to a level substantially lower than earlier...
SMM: China’s A00 aluminium ingot price slumps by 190/t overnight due to market surplus
According to the Shanghai Metal Market (SMM) survey, China’s A00 aluminium ingot price has shed off RMB 190 per tonne from the previous day to reach the three-month low. As per the data, the domestic price has come in at RMB 19,570 per tonne, which is significantly down by RMB 570 per tonne...
Low demand and import tariffs result in a chronic M-o-M loss of China's A00 Aluminium ingot price
On July 17, 2024, A00 aluminium ingot price in China has experienced a minor decrease of RMB 30 per tonne after a huge downfall on the previous day of RMB 260 per tonne. With the latest fall, the domestic aluminium ingot price has shrunk below RMB 20,000 per tonne, settling at RMB 19,760 per tonne,...
Sustainable solutions: Technologies decarbonising aluminium production
Aluminium stands as an indispensable pillar in our modern world, driving the pulse of our global economy with its unparalleled versatility and sustainability. From powering aeroplanes to speeding up cars, its unique properties propel industries forward and shape the products we rely on daily, from...
China’s aluminium ingot price declines by RMB110/t without affecting positive W-o-W movement
As of July 5, China’s domestic A00 aluminium ingot price concluded the week at RMB 20,270 per tonne, with average prices hovering around RMB 20,250 to 20,290 per tonne, found the Shanghai Metals Market survey. Compared to the previous day, the price descended by RMB 110 per tonne but still stood...
China central bank’s monetary policy boosts A00 aluminium ingot price by RMB100/t and rescues from W-o-W fall
On July 2, 2024, China’s A00 aluminium ingot price has witnessed a modest growth after two previous consecutive days of downfall, found the Shanghai Metals Market (SMM) survey. According to SMM, the price has increased by RMB 100 per tonne to reach RMB 20,210 per tonne, driven by China's central...
Despite a dip, China's A00 aluminium ingot mitigates weekly price trend with RMB30/t growth
According to the Shanghai Metals Market survey on June 21, A00 aluminium ingot price in China has suffered a loss of RMB 40 per tonne after two consecutive days of rise, settling at RMB 20,410 per tonne at the end of the week. The average prices are expected to range between RMB 20390-20430 per...
China’s A00 aluminium price sees a growth of RMB50/t after a week-long downfall for low demand and high production
The latest Shanghai Metals Market (SMM) data reveals a mixed scenario in the aluminium market with today’s price for A00 aluminium ingot showing a slight rise of RMB 50 per tonne to RMB 20,400 per tonnes . The average prices are estimated to range between RMB 20,380 per tonne and RMB 20,420 per...
China’s A00 aluminium ingot price drops by RMB30/t amid muted input costs
On June 18, 2024, the Shanghai Metal Market (SMM) has reported that the price of A00 aluminium ingot stands at RMB 20,350 per tonne, marking a slight dip of RMB 30 per tonne or 0.15 per cent from the previous trading session. In USD terms, this price is approximately $2,797.56, excluding VAT. This...
Qingdao's bold plan to become a significant hub for new energy vehicles by 2025, underscoring wide aluminium usage
Qindao city in China’s eastern Shandong province has unwrapped its “Action Plan” aimed at driving the high-quality development of the New Energy Vehicle (NEV) industry in the city. According to the plan, by 2025, the city aims to achieve several noteworthy milestones, including an annual production...
China’s A00 ingot price declines by RMB180/t, depicting weaker-than-expected demand trend
China’s domestic aluminium market has been facing a considerable fluctuation, resulting in a continuous decline in aluminium prices. According to the Shanghai Metal Market (SMM), A00 aluminium ingot price has registered a fall of RMB 180 per tonne over the weekend to stand at RMB 20,380 per tonne....
US aluminium scrap trade demonstrates steady growth trend with 2% rise in Q1 exports and 6% hike in imports
The US aluminum scrap market has kicked off 2024 with a significant momentum of 2.06 per cent rise in exports and 6.04 per cent rise in imports during the first quarter of 2024, reflecting a broader economic trend and strategic shifts in trade policies. The first quarter of the year has seen a...
China’s A00 aluminium ingot price loses RMB250/t through the week; Imported bauxite price from Guinea gains US$1/t overnight
The market for aluminium ingot has experienced a major adjustment across various regions in China on Friday, June 14. According to the Shanghai Metal Market (SMM) survey, A00 aluminium ingot price has recorded at RMB 20,560 per tonnes, reflecting a decrease of RMB 100 per tonne following a downfall...
