In August 2026, unwrought aluminium alloy exports were 51,600 tonnes, up 77.6 per cent YoY but down 11.9 per cent M-o-M. Cumulative exports from January to August 2026 were 348,700 tonnes, up 100.1 per cent Y-o-Y. By import source, in August 2026, China’s imports of unwrought aluminium alloy were highly concentrated in Russia and Southeast Asian countries. The top five sources that month—Russia, Malaysia, Thailand, Vietnam, and South Korea—totalled 55,200 tonnes, accounting for 77.2 per cent of total imports. Specifically, Russia ranked first with 18,000 tonnes (25 per cent), followed closely by Malaysia with 17,500 tonnes (24 per cent); Thailand recorded 11,500 tonnes (16 per cent), Vietnam 4,800 tonnes (7 per cent), and South Korea 3,400 tonnes (5 per cent). By export destination, Japan...
Futures: SHFE aluminium closed at RMB 24,375 per tonne in the previous trading session, edging down 0.04 per cent. The price stood above the MA10 (24,304) and MA30 (24,089.5), but slightly below the MA5 (24,258). Short-term moving averages flattened, while the medium-term bullish alignment remained intact, with the market consolidating at highs overall. On the MACD indicator, DIF=129.53 and DEA=139.74. DIF stayed above the zero axis but maintained a death cross, with the histogram at -20.43, indicating weakening bullish momentum and lingering short-term correction pressure. Trading volume rebounded slightly to 54,800 lots, with moderate market activity. The suggested core trading range for SHFE aluminium is 24,000-24,600. LME aluminium closed at USD 3,293.5 per tonne, down 0.20 per cent....
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The International Aluminium Institute found primary aluminium production in Africa stood at 130,000 tonnes in April 2021, reflecting a marginal drop of 1,000 tonnes month-on-month. On a year-on-year calculation, the output in April recorded a downfall of 3,000 tonnes or 2.26 per cent from 133,000 tonnes. In March 2021, Africa produced 131,000 tonnes of primary aluminium, bringing the total production for Q1 2021 to 385,000 tonnes. The output in March was up by 10,000 tonnes or 8.26 per cent from 121,000 tonnes in February 2021 but down by 8,000 tonnes or 5.76 per cent from 139,000 tonnes in March 2020. Africa’s aluminium production in Q1 2021 stood down by 7,000 tonnes or 4.23 per cent from 402,000 tonnes a year ago. In the first four months of 2021, primary aluminium production in Africa...
The Australian Aluminium Council, which represents Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries has appointed Alcoa’s Vice President Operations Australia and President Alcoa Australia Michael Gollschewski as its new President. On his appointment as the President of the Aluminium Council, Michael Gollschewski, said: “I am looking forward to supporting the important role the Council has to play in representing the industry as it faces an exciting and challenging decade of transition ahead.” “Global demand for aluminium is strong and aluminium use is highly correlated with the transition to a lower-carbon future. Australia is well placed to capitalise on this trend as the world’s largest producer of bauxite and the largest producer of...
On 20 th May 2021, three-month LME aluminium fell 2.49% to close at US$ 2,554 per tonne. The world primary aluminium production stood at 5.560 million tonnes in April 2021, reflecting a month-on-month downfall of 3.20% from 5.744 million tonnes, as revealed by International Aluminium Institute. On a year-on-year calculation, the output in April edged higher by 5.26% from 5.282 million tonnes. On the other hand, the trusted source of commercial intelligence for the world's natural resources sector, Wood Mackenzie’s analysis has indicated that a long-term rise in price for copper is likely to counter serious contention from aluminium. Let us check some of the top-rated global primary aluminium news, which kept the week progressive: Three-month LME aluminium fell 2.49 per cent to close at...
World primary aluminium production stood at 5.560 million tonnes in April 2021, reflecting a month-on-month downfall of 3.20 per cent from 5.744 million tonnes, showed the International Aluminium Institute. On a year-on-year calculation, the output in April edged higher by 5.26 per cent from 5.282 million tonnes. In the first four months of 2021, world primary aluminium production totalled 22.215 million tonnes, down by 3.91 per cent from 21.347 million tonnes during the same period last year. In China, the world’s largest aluminium producer, primary aluminium output in April 2021 came in at 3.223 million tonnes – 3.21 per cent less than 3.330 million tonnes in March 2021 but up by 7.68 per cent from 2.993 million tonnes in April 2020. In total four months of the year, China produced...
Hydro has teamed up with Everfuel for coordinated development, operation, and optimization of hydrogen electrolysers based on renewable energy in Europe. The use of carbon-free hydrogen in aluminium production will contribute towards Hydro’s global commitment to reduce its greenhouse gas emissions by 30% by 2030. For this project, Hydro’s renewable hydrogen company has signed a Memorandum of Understanding (MoU) with Everfuel. Both the companies will establish elecotrolysers next to Hydro-owned aluminium plants delivering hydrogen to the aluminium plants as well as to the transport sector. Hydro’s new renewable hydrogen company, which aims to take a leading role as a developer, owner and operator in the hydrogen sector, will use renewable energy-based hydrogen at several of Hydro’s own...
Three-month LME aluminium fell 2.49 per cent to close at US$ 2,554 per tonne on Thursday. It is expected to trade between US$ 2,400-2,480 per tonne today. The contract will keep fluctuating weakly following SHFE aluminium. LME aluminium cash (bid) price and LME official settlement price continued to decline by US$ 10.50 per tonne to close at US$ 2,392 per tonne on Thursday, May 20. 3-months bid price and 3-months offer price decreased by US$ 13.50 per tonne to stand at US$ 2,419 per tonne. Dec 22 bid price and Dec 22 offer price stood at US$ 2,421 per tonne on Thursday compared to US$ 2,427.59 per tonne on Wednesday, May 19. The LME aluminium opening stock decreased from 1759675 tonnes on May 19 to 1757350 tonnes on May 20. Live Warrants totalled 1218950 tonnes, while Cancelled Warrants...
The trusted source of commercial intelligence for the world's natural resources sector, Wood Mackenzie’s analysis has indicated that a long-term rise in price for copper is likely to counter serious contention from aluminium. The American multinational investment bank and financial services, Bank of America has asserted, if inventories dry up, copper could surpass $US20,000 ($25,856) per tonne by 2024. Julian Kettle, Senior Vice President and Vice-Chair for Metals and Mining, Wood Mackenzie, said: “If copper prices reach this level, demand for high volume applications that require electricity could see a surge in demand for aluminium, which is cheaper than the red metal.” Kettle added: “Too many forecasts ignore the fact that aluminium is a serious competitor to copper in a number of high...
Shanghai Metals Market found a week-on-week decline of 41,000 tonnes in primary aluminium ingot inventories to stand at 1.02 million tonnes as of Thursday, May 20. Stocks fell across eight major consumption areas in China except for Chongqing as the last two consecutive days of decrease in A00 aluminium ingot price has bolstered the purchase and consumption of primary aluminium. Last Thursday, on May 13, primary aluminium inventories stood at 1.06 million tonnes, shrinking by 54,000 tonnes from the previous week. The chart below indicates the current status of primary aluminium inventories across China in more details: Primary aluminium inventories in Nanhai have seen the highest plunge of 18,000 tonnes to come in at 242,000 tonnes on May 20, found SMM. Inventories in Gongyi have shrunk...
Vedanta Limited has increased its aluminium ingot and aluminium products prices by INR 1,500 per tonne with effect from Wednesday, May 19, following two consecutive cuts last week on May 13 & 15. Vedanta’s aluminium ingot price has come in at INR 208,000-221,000 per tonne compared to INR 206,500-219,500 per tonne on May 15. Vedanta’s aluminium wire rod and billets prices are standing at INR 215,500-223,000 per tonne and INR 216,000 per tonne, respectively, since the latest increase on May 19. Vedanta links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London Metal Exchange, which after the last week declined by US$ 52.50 per tonne to come in at US$ 2,402.50 per tonne as of May 19. However, on a month-on-month calculation, the price is...
A00 aluminium ingot price in China has recorded a sharp fall of RMB 440 per tonne on Thursday, May 20, to come in at RMB 19,110 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 19,090 per tonne and RMB 19,130 per tonne, with spot contract to be traded at a premium price of RMB 10-30 per tonne. Among the major Chinese cities, Wuxi has seen the highest plunge in A00 aluminium ingot price by RMB 435 per tonne to RMB 19,115 per tonne on May 20. In Hangzhou and Gongyi, A00 aluminium ingot price has decreased by RMB 420 per tonne to RMB 19,020 per tonne and RMB 19,140 per tonne, while the price in Tianjin has declined by RMB 410 per tonne to RMB 19,120 per tonne. Chongqing has seen a plunge of RMB 385 per tonne to RMB 19,140 per tonne, while the...
Three-month LME aluminium fell 1.48 per cent to close at US$ 2,429.50 per tonne on Wednesday, May 19. It is expected that the contract will trade between US $2,350-2,450 per tonne today. LME aluminium cash (bid) price and LME official settlement price plunged by US$ 65.50 per tonne after the last three consecutive days of hike to settle at US$ 2,402.50 per tonne on Wednesday, May 19. 3-months bid price and 3-months offer price decreased by US$ 66 per tonne to come in at US$ 2,432.50 per tonne. Dec 22 bid price and Dec 22 offer price stood at US$ 2,427.59 per tonne on Wednesday compared to US$ 2,486 per tonne on Tuesday, May 18. The LME aluminium opening stock continued to decline from 1765525 tonnes on May 18 to 1759675 tonnes on May 19. Live Warrants totalled 1220825 tonnes, while...
RUSAL is moving ahead for a demerger of its higher carbon assets to unlock value through the creation of two businesses with separate strategies. The Board of Directors has granted approval to a proposal from management, which is in line with the Company’s ambitious environmental goals and strategy to achieve carbon neutrality by 2050. The proposed transformation would consequence in two companies focusing on the execution of their own independent strategies to drive value for stakeholders: RUSAL would focus to strengthen its position as a leading producer of low-carbon aluminium, while the new company would concentrate on the development of the domestic market and its growth potential. RUSAL has taken another vital step towards reaffirming its intent on remaining the largest producer of...
Century Aluminum Company has reportedly elected two new officers – John Dezee as Executive Vice President, General Counsel and Secretary and Matt Aboud as Senior Vice President, Strategy and Business Development. Both the officers will assume new roles on an immediate basis. Mr Dezee joined Century Aluminum in 2008 as an Associate General Counsel and took on new roles of increasing responsibilities ever since then. He came with his B.A. degree from Whitman College and J.D. from the University of California at Berkeley. Mr Dezee will assume his new roles of General Counsel and Secretary from Jesse Gary, the present Chief Operating Officer of Century. Michael Bless, Century’s President and Chief Executive Officer, commented: "Our Board and I are delighted to announce John's promotion to...
The New Zealand Aluminium Smelter at Tiwai Point is confident in its environmental record after releasing 25 years of monitoring reports on Tuesday, May 18, to prove its commitment toward transparency and collaboration. The company has confirmed that it expects to release the contamination of soil and groundwater report by mid of this year. Last month, the New Zealand Aluminium Smelter issued the reports on key environmental issues at Tiwai smelter ahead of its closure scheduled in 2024, along with a sampling plan with details of the areas determined where extra testing as part of a close study should be conducted. The reports last month also showed how sea water started creeping into an area where NZAS stored a highly toxic substance. The smelter in a press release said, "Based on the...
SMM aluminium ingot price registered a decline of RMB 310 per tonne on Wednesday, 19 May 2021. The price stood at RMB 19550 per tonne, from RMB 19860 per tonne on May 18. The price is expected to move within a range of RMB 19530-19570 per tonne today. In Foshan and Wuxi, the price dropped by RMB 280 per tonne and RMB 300 per tonne to stand at RMB 19620 per tonne and RMB 19550 per tonne on Wednesday, 19 May 2021.Aluminium prices in Hangzhou and Chongqing stood at RMB 19560 per tonne and 19525 per tonne, up RMB 315 per tonne and RMB 295 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 19535 per tonne, RMB 19530 per tonne, RMB 19580 per tonne, and RMB 19440 per tonne. The aluminium alloy (ADC12) price decreased by RMB 100 per tonne to RMB...
The Government of Scotland has not discarded to take over an aluminium smelter and a steelworks into public ownership if the situation demands to safeguard the jobs. Fiona Hyslop, Cabinet Secretary for Economy, Fair Work and Culture, said: “The current plans were not to take over the Lochaber aluminium smelter and the Dalzell steelworks – both of which are owned by the GFG Alliance.” As GFG Alliance is looking to refinance, she pledged: “Ministers would look at all options as required.” The Cabinet Secretary’s comments came following Labour MSP Monica Lennon said: “The outlook for the sites was increasingly worrying, as at least 340 jobs at risk.” Monica Lennon pressurized Hyslop on the situation for contingency plans the Scottish Government had, should GFG fail to refinance. Sanjeev...
Three-month LME aluminium fell 1.22 per cent to close at US$ 2,466 per tonne on Tuesday, May 18. As the US dollar index continued to weaken in the near term, it is expected that LME aluminium will try to continue to repair the recent decline today. It is expected to trade between US$ 2,450-2,550 per tonne today. LME aluminium cash (bid) price and LME official settlement price grew for the third day in a row by US$ 13 per tonne or 0.53 per cent to come in at US$ 2,468 per tonne on Tuesday, May 18. 3-months bid price and 3-months offer price increased by US$ 19.50 per tonne from US$ 2,479 per tonne to US$ 2,498.50 per tonne. Dec 22 bid price and Dec 22 offer price stood at US$ 2,486 per tonne on Tuesday compared to US$ 2,464.50 per tonne on Monday, May 17. The LME aluminium opening stock...
Century Aluminum announced on Monday, May 17, that Mike Bless would retire as President and Chief Executive Officer and also step down from the board on July 1, 2021. He served Century Aluminum for 15 years, including nearly 10 years as CEO. Mr. Bless will now continue to provide his guidance and expertise to Century as a strategic advisor until his ultimate retirement from the company on March 31, 2022. The company also announced the appointment of Jesse Gary, currently Century’s Executive Vice President, Chief Operating Officer and General Counsel, as a successor of Mr. Bless, with effect from July 1. Mr. Gary will also join the Board upon assuming his new role. “This leadership transition comes at the right time for Century, with Mike having established a strong foundation for...
