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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As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, reduced by 54,000 tonnes from the week before to 1.06 million tonnes as of Thursday, 13 May 2021. The chart below shows the status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Gongyi declined the most. The stocks in Gongyi stood at 110,000 tonnes on Thursday, 13 May 2021, down 24,000 tonnes from May 6. In Shanghai, Wuxi and Nanhai, the inventories decreased by 5,000 tonnes, 14,000 tonnes and 10,000 tonnes from last Thursday to stand at 97,000 tonnes, 413,000 tonnes and 260,000 tonnes. Hangzhou stocks remained unchanged at 100,000 tonnes. Inventories of primary aluminium in Tianjin and Chongqing...
Hindalco’s aluminium ingot and aluminium products prices witnessed a decline on Wednesday, May 12, following a rise on the previous day. The company reduced its aluminium ingot price by INR 1,500 per tonne to INR 215,500 per tonne with effect from May 12. On May 11, the price stood at INR 217,000 per tonne, reflecting a hike of INR 2,750 per tonne from the previous day. Hindalco’s aluminium billets price came in at INR 222,600 per tonne compared to INR 224,100 per tonne on May 11. Since the latest hike on May 12, Hindalco Industries is selling its aluminium wire rod at INR 226,600 per tonne, which is also down by INR 1,500 per tonne from INR 228,100 per tonne on May 11. Hindalco links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London...
Three-month LME aluminium fell 1.46 per cent to close at US$ 2,496 per tonne on Wednesday, May 12. It is expected that the contract will trade between US$ 2,450-2,520 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased for the second day in a row to stand at US$ 2,474 per tonne on Wednesday, May 12, down by US$ 75.50 per tonne or 2.96 per cent from May 11. 3-months bid price and 3-months offer price declined by US$ 72.50 per tonne from US$ 2,565 per tonne to US$ 2,492.50 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2,488 per tonne on Wednesday, reflecting a downtrend of US$ 60 per tonne from US$ 2,548 per tonne. The LME aluminium opening stock continued to decrease from 1780900 tonnes on May 11 to 1772700 tonnes on May 12. Live...
The aluminium associations of the United States of America, Europe, Canada and Japan call on G7 governments to deliver leadership in support of ambitious multilateral and plurilateral negotiations to regulate trade-distorting government support and state ownership in industrial sectors. However, today, clear and compelling evidence of the existing multilateral subsidy rules are inadequate to remedy the scale and scope of state intervention in aluminium markets. The latest released report of the Organisation for Economic Cooperation and Development (OECD), “ Measuring distortions in international markets: Below-market finance ” ,, OECD Trade Policy Papers, No. 247, OECD Publishing, Paris, provides new insights across more than 300 firms in 13 industrial sectors. OECD analysis included 32...
Aluphoenix Srl has joined ASI as a new Production & Transformation member, bringing the total number of ASI Members to 167. Aluphoenix Srl is specialized in manufacturing alloys of the series EN AB AB 41.000, 42.000, 43.000, 44.000, 45.000, 51.000 and 71.000. The production is managed according to the management system for the quality and environment developed and certified according to the standards ISO 9001:2015, IATF 16949:2016 and ISO 14001:2015. ”Aluphoenix Srl is deeply aware of the social responsibilihhty of its entrepreneurial activity, and is committed to contributing to the creation of an increasingly sustainable society worldwide,’’ said Lino Parise, CEO and Chairman. The Aluminium Stewardship Initiative (ASI) is a global, multi-stakeholder, non-profit standards setting and...
Hydro announced Johan Berg, plant manager at Husnes, has been appointed as Chief Operations Officer at Hydro’s Qatalum joint-venture smelter in Qatar. Johan will start his new role on July 1, 2021 and report to Qatalum CEO Khalid Mohammed Laram. “Berg has been four years at Husnes that has included the upgrade and restart of the B-line and returning the plant to full capacity.” The process to find new plant manager at Husnes has been initiated. Johan had worked as senior operational management roles, including as Head of Asset Management in Aluminium Metal. Johan also worked for Elkem and Alcoa in various management positions in operations, technology, strategy and sales in Norway, Canada, the US and Iceland. Johan holds an MSc in Metallurgical Engineering from the Norwegian University of...
National Aluminium Company Limited (NALCO) has sharply increased its aluminium ingot and aluminium products prices with effect from Tuesday, May 11. NALCO’s aluminium ingot price has witnessed a surge of INR 7,500 per tonne to range between INR 214,350-217,850 per tonne. More than a week ago, on May 1, NALCO’s aluminium ingot price stood at INR 206,850-210,350 per tonne, climbing by INR 1,800 per tonne or 0.88 per cent. With the latest hike on May 11, NALCO’s aluminium wire rod price stood at INR 217,850-222,200 per tonne, up by INR 7,500 per tonne as well from INR 210,350-214,700 per tonne on May 1. The company is currently selling its aluminium billets at INR 217,800-220,450 per tonne compared to INR 210,300 – 212,950 per tonne on May 1. NALCO, like any other Indian aluminium producer,...
A00 aluminium ingot price in China has recorded an increase of RMB 160 per tonne to stand at RMB 19,980 per tonne on Wednesday, May 12, following a plunge last day from RMB 20,030 per tonne to RMB 19,820 per tonne, according to the Shanghai Metals Market. The average prices are expected to range between RMB 19,960 per tonne and RMB 20,000 per tonne, with spot contract to be traded at a premium price of RMB 40-0 per tonne. In Foshan, A00 aluminium ingot price has surged by RMB 200 per tonne to come in at RMB 20,050 per tonne, followed by the increase of RMB 180 per tonne in Chongqing to RMB 19,950 per tonne. In Shenyang, primary aluminium ingot price has climbed by RMB 175 per tonne to RMB 19,980 per tonne, while the price in Linyi and Wuxi has grown by RMB 160 per tonne and RMB 155 per...
Three-month LME aluminium rose 0.14% to close at US$2,533 per tonne on Tuesday. SMM expects the contract to trade between US$2,530-2,580 per tonne today. As of Tuesday, May 11, LME aluminium cash (bid) price stands at US$ 2549.50 per tonne, LME official settlement price stands at US$ 2549.50 per tonne; 3-months bid price stands at US$ 2565 per tonne, 3-months offer price is US$ 2565 per tonne; Dec 22 bid price stands at US$ 2548 per tonne, and Dec 22 offer price stands at US$ 2548 per tonne. The LME aluminium opening stock stood at 1780900 tonnes. Live Warrants totalled 1223600 tonnes, and Cancelled Warrants were 557300 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2557.68per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to stand...
South Africa’s National Energy Regular, NERSA has invited stakeholder remarks on a proposed 10-year negotiated pricing agreement (NPA) between Eskom, the South African electricity public utility and Hillside Aluminium smelter, in KwaZulu-Natal, owned by South32 and is the largest single customer of Eskom. The proposed NPA is anticipated to allure much public scrutiny considering the fact that the former tariff agreement between Eskom and Hillside had been the subject of years of enormous public scrutiny and criticism, comprising one proposal that power supply to the aluminium smelter needs to be ceased to control the rise in load shedding. The discounted tariff and tariff methodology of Hillside Aluminium smelter which swung in line with the performance of the aluminium price and the...
The Federal Government of Nigeria has reportedly approved a power supply to ALSCON, the Aluminium Smelter Company of Nigeria, to help it return to its full production capacity. The news came after the Minister of State for Mines and Steel Development Dr. Uchechukwu Sampson Ogah made an official announcement during his extensive tour of ALSCON facility in Ikot-Abasi, Akwa Ibom State. During the announcement, Minister also communicated that the smelter would create jobs for about two thousand Nigerians once returned to full operations. He ensured all necessary support on behalf of the government to see the plant up and running. Applauding the approval of power supply to the plant, Managing Director of the smelter Zavalov Dmitry called for the provision of an alternative source of gas...
Vedanta has raised its aluminium products price for the sixth time in a row. With effect from Tuesday, 11 May 2021, the prices of some aluminium ingots have come in at INR 216,750-229,750 per tonne, indicating a growth of 1.3% or INR 2,750 per tonne from INR 214,000-227,000 per tonne on May 8. The company’s billets price stands at INR 224,750 per tonne on Tuesday, 11 May 2021. This is up by INR 2,750 per tonne or 1.25% from INR 222,000 per tonne on May 8. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on stood at US$ 2,565 per tonne on May 10, an increase from US$ 2518.5 per tonne on May 7. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated...
Three-month LME aluminium fell 0.1 per cent to close at US$ 2,529.5 per tonne on Monday, May 10. It is expected to trade between US$ 2,500-2,580 per tonne today. LME aluminium cash (bid) price and LME official settlement price continued to increase for the fourth day in a row to stand at US$ 2,565 per tonne as of Monday, March 10. 3-months bid price and 3-months offer price grew from US$ 2,523.50 per tonne to US$ 2,577 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2,550 per tonne on Monday, increasing by US$ 47 per tonne from US$ 2,503 per tonne. The LME aluminium opening stock decreased from 1797100 tonnes on May 7 to 1789725 tonnes on May 10. Live Warrants totalled 1223600 tonnes, while Cancelled Warrants stood at 566125 tonnes. LME aluminium 3-months Asian Reference...
Vedanta Aluminium & Power Business has accelerated the use of cutting-edge technologies and digital solutions to protect the workforce against the COVID-19 and sustain production to meet India’s needs for aluminium. The news came after Vedanta said that it integrated the best-in-class digital solutions in operations to build efficiencies and optimise costs and raw material consumptions for becoming the world’s leading producer of the ‘Green Metal’ aluminium. Vedanta said, "Implementation of automation and digitalization solutions at its plants have enabled the company to produce high-quality aluminium and value-added products for critical industry sectors, while also providing a step-change in health, safety & environment (HSE) performance parameters.” Ajay Kapur, CEO of Aluminium & Power...
China’s primary aluminium production stood at 3.25 million tonnes in April (30 production days), up by 9.87% year on year, showed an SMM survey. In January-April, the output totalled 12.94 million tonnes, an increase of 8.6% from the same period last year. “Baikuang Debao and Tianlin continued to release output in April, and the average daily output in Inner Mongolia rose slightly by 400 mt from March,” SMM reported. As of early May, there was 39.71 million tonnes among 43.5 million tonnes per year of existing primary aluminium capacity in operation. The operating rates across Chinese primary aluminium producers stood at 91.3%. Domestic primary aluminium operating capacity is likely to grow steadily in May. The May output is expected to stand at 3.37 million tonnesand annual operating...
Shanghai Metals Market has established a new overseas office in London in May 2021, the second overseas establishment after Singapore office on September 1, 2017. In order to provide international customers with more professional and high level services as a leading research institution and portal website for non-ferrous metals in China, SMM has appointed Dr Wang Yancheng, a well-known analyst in the global aluminium industry, as a managing director in the London office. Before joining SMM, Dr Wang Yancheng was the principal analyst at CRU and the head of Chinese aluminium market research. He worked at CRU for 15 years. Dr Wang’s areas of expertise include aluminium, alumina, bauxite, downstream, recycling, and power/energy market analysis, cost modelling, and value assessment of...
A00 aluminium ingot price in China has continued to rise and exceeded RMB 20,000 per tonne level on Monday, May 10. According to the Shanghai Metals Market, the price has jumped by RMB 340 per tonne to reach a new high of RMB 20,030 per tonne, with average prices likely to range between RMB 20,010 per tonne and RMB 20,050 per tonne and spot contract to be traded at a premium price of RMB 80-40 per tonne. In Tianjin, A00 aluminium ingot price has soared by RMB 390 per tonne to come in at RMB 20,020 per tonne on May 10, followed by the surge of RMB 365 per tonne in Shenyang to RMB 20,025 per tonne. In Gongyi and Foshan, primary aluminium ingot price has increased by RMB 350 per tonne and RMB 340 per tonne to clock in at RMB 19,900 per tonne and RMB 20,040 per tonne, while the price in Wuxi,...
Three-month LME aluminium rose 0.88% to close at US$2,532 per tonne on Friday. SMM expects the contract to move between US$2,520-2,580 per tonne today. As of Friday, May 7, LME aluminium cash (bid) price stands at US$ 2518.50 per tonne, LME official settlement price stands at US$ 2518.50 per tonne; 3-months bid price stands at US$ 2523.50 per tonne, 3-months offer price is US$ 2523.50 per tonne; Dec 22 bid price stands at US$ 2503 per tonne, and Dec 22 offer price stands at US$ 2503 per tonne. The LME aluminium opening stock stood at 1797100 tonnes. Live Warrants totalled 1231600 tonnes, and Cancelled Warrants were 565500 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2543.81 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to...
