JiaoZuo WanFang Aluminum Manufacturing Co Ltd recorded a 93.5 per cent increase in net income to CNY 1,753.08 million (USD 263.31 million) for the nine months ended September 30, 2026, compared with CNY 905.92 million (USD 136.07 million) in the corresponding period last year. The company's sales rose 19.2 per cent year on year to CNY 5,938.64 million (USD 891.98 million), up from CNY 4,981.54 million (USD 748.23 million) a year earlier. The increase in net income substantially outpaced sales growth during the reporting period. JiaoZuo WanFang's basic earnings per share from continuing operations reached CNY 1.47 (USD 0.22), compared with CNY 0.76 (USD 0.11) in the same nine-month period of 2025. Diluted earnings per share from continuing operations also increased to CNY 1.47 (USD 0.22),...
North American aluminum demand returned to growth in the first half of 2026, but the recovery has exposed a widening gap between market consumption and domestic production. Rising imports of semi-fabricated aluminum products, particularly sheet, have supported regional demand as shipments from US and Canadian producers continue to weaken. According to preliminary industry estimates, aluminum demand across the United States and Canada increased 3.5% Year-on-Year through June 2026, reaching an estimated 13.57 billion pounds (6.16 million metric tonnes), compared with 13.12 billion pounds (5.95 million metric tonnes) during the corresponding period of 2025. The improvement marks a reversal from the previous year's contraction, although imports rather than stronger domestic mill shipments...
Grow with
AL Circle
Amid shifting market dynamics and a tempered macro outlook this year, Dongxing Aluminium has harnessed the power of proactive tactics. With its "three grasps and three promotions" strategy as a cornerstone, the company has focused on maximizing gains while minimizing costs. This dual-pronged approach, centred on elevated marketing efforts and streamlined procurement strategies, has yielded promising results, enhancing operational efficiency and profitability. Dongxing Aluminium's efforts exemplify a thriving synergy between smart procurement, strategic selling, and value-driven waste management, underscoring their commitment to elevating their financial prowess in a dynamic market landscape. The company's market analysis has guided its purchasing decisions, aligning them with price...
The smart software developer tailored for the manufacturing industry and beyond, AVEVA, invites you to participate in the electrifying event AVEVA World in San Francisco - designed specifically for the industrial community. The event this year will return to the Moscone West Convention Center in San Francisco, California, USA and is scheduled to take place on October 23-26, 2023. Unveiling the secrets of effective industrial software implementation, AVEVA World is your gateway to discovering both the tried-and-true and the cutting-edge in this ever-evolving landscape. Unlock the potential of AVEVA software to engineer with intelligence and elevate operational prowess within your organization. Delve into a realm where insights converge with innovation as esteemed customers, partners, and...
Qingtongxia Aluminium Industry Co., Ltd, a subsidiary owned by Ningxia Energy Aluminium Co., Ltd. and recognized as a prominent state-owned enterprise within China's Nonferrous Metals Industry, has officially commenced its operational activities. This milestone signifies the transformation of Qingtongxia Aluminium into the inaugural 5G-integrated smart factory within the domestic electrolytic aluminium sector. The factory's achievement establishes it as a pioneering exemplar for implementing intelligent manufacturing in the aluminium industry during the era of 5G technology. Additionally, it has set a precedent for the digitalized and smart evolution of the Qingtongxia Aluminium Industry, reflecting a novel trajectory for its growth. The construction of the Centralized Control Centre...
LME aluminium opened at US$2,147 per tonne on Monday, with its high and low at US$2,150.5 per tonne and US$2,115 per tonne, respectively, before closing at US$2,145.5 per tonne, an increase of US$7 per tonne or 0.33 per cent from the previous trading day. On Monday, August 21, both LME aluminium cash bid price and LME official settlement price dropped by US$27.5 per tonne to settle at US$2,068 per tonne and US$2,068.50 per tonne. On the same day, both the 3-month bid price and 3-month offer price also dipped by US$15 per tonne or 0.70 per cent and US$48.5 per tonne or 2.23 per cent to halt at US$2,122 per tonne and US$2,123 per tonne. December 24 bid price and December 24 offer price lost US$12 per tonne or 0.52 per cent to rest at US$2,288 per tonne and US$2,293 per tonne. LME aluminium...
On August 17, CITIC Resources announced the signing of a new electricity hedging agreement (the “2026 EHA”) with Alcoa’s Portland Aluminium smelter in Australia. This new deal will be active from 1 July 2026 till 30 June 2035, supplying almost 300 MW of electricity to Portland Aluminium smelter. The previous agreement began on 1 August 2021 and will continue till 30 June 2026, as the officially released announcement by CITIC specified. The Portland Aluminium smelter is jointly run by the agencies listed below: Alcoa of Australia Limited (“Alcoa Australia”), which owns a 55% interest in the joint venture CITIC Nominees Pty Limited, a wholly-owned subsidiary of the company, owns a 22.5% interest in the joint venture Marubeni Aluminium Australia Pty Ltd., which owns the remaining 22.5%...
Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited (CIL), awaits government approval to invest INR 34,072 crore in an integrated Greenfield aluminium project in Odisha. The project will have a 2 million tonnes alumina refinery, a 0.5 million tonne aluminium smelter, and a 1,400 megawatts captive power plant. For the integrated project, Mahanadi will acquire a bauxite block at Sijimali or Kutrumali in Odisha , mine six million tonnes of bauxite per annum, and produce aluminium ingots with value-added products. Mahanadi Coalfields plans to inject INR 10,222 crore as equity, considering the project's debt-equity mix of 70:30. Hence, it seeks exemption from the investment limit of 15 per cent of the project's net worth, as pre-determined by the Department of Public...
According to China customs data, unwrought aluminium and products imports into China grew significantly by 20.1 per cent year-on-year to reach 231,452 tonnes in July 2023. Limited domestic stocks and expectations for robust demand in autumn drove the rise of China's aluminium imports. On a month-on-month calculation, China's unwrought aluminium and products imports recorded a 9.6 per cent rise from 211,235 tonnes due to the same reason, showed customs data. Aluminium stocks on the Shanghai Futures Exchange stood just above 100,000 tonnes in July 2023, the lowest level since December 2022. China's total imports of unwrought aluminium and products in the first seven months of 2023 amounted to 1.43 million tonnes, 12.2 per cent more than the same period of 2022. The rise in China's aluminum...
LME aluminium opened at US$2,144 per tonne last Friday, with its high and low at US$2,159 per tonne and US$2,135 per tonne, respectively, before closing at US$2,138 per tonne, a decrease of US$4.5 per tonne or 0.21 per cent from the previous trading day. On August 18, the London Metal Exchange witnessed a dip in aluminium prices, with the LME aluminium cash bid price halting at US$2,095.50 per tonne, dropping US$34.50 per tonne or 1.62 per cent and the LME aluminium official settlement price shedding US$35 per tonne or 1.64 per cent, closing at US$2,096 per tonne. If we consider the LME aluminium price live chart on May 17, the price was US$2,096 per tonne, which plummeted US$173 per tonne or 7.62 per cent Quarter-on-Quarter to rest at what it was last Friday. LME prices have not shown a...
This week the global primary aluminium segment saw releases of the quarterly results of Century Aluminium and NALCO. As per the data, the National Aluminium Company Limited (NALCO), a Schedule 'A' Navratna CPSE, revealed that its quarterly earnings for Q1 FY2023-24 fell 40 per cent due to low global aluminium prices and weak demand. Century Aluminium Company, the owner's principal aluminium capacity in the United States and Iceland, reported results for the second quarter of 2023. Net sales for the second quarter ended June 30, 2023, grew by 4 per cent sequentially, mainly owing to higher realised aluminium prices. On Thursday, August 17, both the LME aluminium cash bid price and LME aluminium official settlement price surged by US$41.5 per tonne or 1.98 per cent and US$42 per tonne or...
On August 16, China's trade ministry asked that the United States immediately ease tariffs on Chinese steel and aluminium imports. The ministry made the remarks in response to a World Trade Organisation (WTO) dispute resolution tribunal that found China placing higher taxes on select US products. According to the ministry, China has taken notice of the WTO panel's findings and is reviewing the report, with the main reason being "the unilateralist and protectionist behaviours" of the US side. In 2018, the Trump administration imposed 25 per cent tariffs on some steel imports and 10 per cent penalties on certain aluminium imports under Section 232 of the Trade Expansion Act of 1962. Since then, the US has not enacted absolute quotas, but US negotiators have examined alternate managed trade...
On Friday, August 18, Alcoa Corporation, the world’s eighth-largest aluminium producer, announced the renewal of the agreement with AGL Energy Limited (AGL) to source 300 megawatts of power for its Portland Aluminium Smelter in Victoria. The new agreement will be valid for nine years, effective from July 1, 2026, when the current contract between Alcoa and AGL expires. The 300 megawatts of power will meet around 50 per cent of the energy required to produce the annual nameplate capacity of 358,000 tonnes of aluminium at Alcoa’s Portland Aluminium Smelter. Currently, the smelter is producing about 75 per cent of the nameplate capacity. According to Alcoa Australia President Matt Reed, the new deal will secure the smelter’s future operation and save more than 760 jobs, including...
LME aluminium opened at US$2,132 per tonne on Thursday, with its high and low at US$2,186 per tonne and US$2,132 per tonne, respectively, before closing at US$2,146 per tonne, an increase of US$3 per tonne or 0.14 per cent from the previous trading day. On Thursday, August 17, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$41.5 per tonne or 1.98 per cent and US$42 per tonne or 2.01 per cent to close at US$2,130 per tonne and US$2,131 per tonne. The 3-month bid price and 3-month offer price gained US$29 per tonne or 1.35 per cent and US$27 per tonne or 1.25 per cent to close at US$2,171 per tonne and US$2,171.50 per tonne. December 24 bid price and December 24 offer price expanded by US$25 per tonne to score at US$2,337 per tonne and US$2,342 per...
The Aluminium Federation (ALFED) will hold the first training sessions for its newest programme, the 'Aluminium Ambassador Programme'. The initiative, launched in collaboration with Bloodhound Education, will include an online (22 August) and in-person (11 September) session. The programme, available only to ALFED members, will develop industry role models from member firms to inspire the next generation of professionals by presenting the aluminium sector. Aluminium Ambassadors will be educated to travel into educational and business settings to provide informative speeches and organise EnvironmentAl training workshops to inspire topics and career interests. "The ALFED Aluminium Ambassador Programme is a great opportunity to establish industry role models to support the UK aluminium...
The Indian domestic aluminium alloy ingot market remained stable, thanks to several factors such as range-bound scrap, correction in futures contracts by US$50 to US$70 per tonne, and price cuts by primary producers by up to INR 3,750 per tonne ex-works. SteelMint's assessment showed that prices of ADC12 aluminium alloy ingots were steady at INR 188,000-190,000 per tonne exw-Faridabad, excluding GST. The market for ADC12 aluminium alloy ingots in India is currently experiencing moderate demand, which has resulted in price levels that have remained relatively stable. One of the main issues faced by the industry is a limited supply of aluminium scrap tense, a crucial raw material for ADC12 production. As a result, some buyers in the northern region are offering a premium on prices. Export...
LME aluminium opened at US$2,142 per tonne on Wednesday, with its high and low at US$2,151.5 per tonne and US$2,130 per tonne, respectively, before closing at US$2,145.5 per tonne, an increase of US$3 per tonne or 0.19 per cent from the previous trading day. The London Metal Exchange , on August 16, experienced a minor spike in aluminium prices, with the LME aluminium cash bid price halting at US$2,088.50 per tonne, rising by US$3.50 per tonne or 0.17 per cent. The LME aluminium official settlement price too followed a similar price shift closing at US$2,089 per tonne. When the July 17 price is considered, one can sight a US$106 per tonne or 4.83 per cent decrease Month-on-Month, as the LME aluminium price was US$2,195 per tonne that day. LME 3-month bid price and LME 3-month offer price...
In a noteworthy development, Xinjiang's aluminium production capacity has surged to 6.18 million tonnes, making up 15 per cent of China's total output and ranking third nationally. Thanks to abundant coal and low-cost electricity, the region boasts an impressive operational rate of over 99 per cent. With cumulative aluminium production hitting 3.5675 million tonnes by July 2023, Xinjiang emerges as a major aluminium hub. Xinjiang's dominance extends to aluminium ingot production, where it commands a substantial 46.17 per cent share of molten aluminium and an output nearing 1.9206 million tonnes. The logistical advantage of being distanced from key consumer areas contributes to the ease of aluminium ingot sales. Despite recent supply chain disruptions in other regions due to flooding and...
Century Aluminum, the US-based primary aluminium producer and new owner of Jamalco, has experienced a gain of $103.3 million on acquiring the alumina refinery. At the end of April 2023, Century Aluminum signed an agreement with Noble Group Holdings Limited (Noble) to obtain 55 per cent of ownership in Jamalco. This accession is described as a bargain purchase deal since Century Aluminum acquired the loss-making company Jamalco for only US$1. Jamalco converts mined bauxite into alumina, which is then used by Century Aluminum to produce primary aluminium at its smelters in the United States and Iceland. Century obtained 55 per cent of shares in Jamalco, replacing Noble Group of Hong Kong. The Government of Jamaica owns the remaining 45 per cent of Jamalco's shares through the holding...
LME aluminium opened at US$2,147 per tonne on Tuesday, with its high and low at US$2,171.5 per tonne and US$2,136.5 per tonne, respectively, before closing at US$2,141.5 per tonne, a decrease of US$4.5 per tonne or 0.21 per cent from the previous trading day. On Tuesday, August 15, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$10.5 per tonne or 0.50 per cent to settle at US$2,085 per tonne and US$2,085.50 per tonne. The 3-month bid price and 3-month offer price also fell by US$8 per tonne and US$6.5 per tonne to halt at US$2,138 per tonne and US$2,140 per tonne. December 24 bid price and December 24 offer price inched down by US$2 per tonne or 0.08 per cent to close at US$2,310 per tonne and US$2,315 per tonne. LME aluminium opening stock came...
