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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On 16 th April 2021, according to the general management of Eneo, a document confirming the takeover by the Public Treasury of the debt of the Cameroonian Aluminum Company (Alucam), the exclusive distributor of electricity in Cameroon. Louis Paul Motazé, the Minister of Finance said that the State shouldered the debt of FCFA 34 billion of the aluminium producer as of December 31, 2019, while the total debt would now exceed FCFA 50 billion. Eneo said: “Through this debt recovery, the State has somewhat cleaned up Alucam's balance sheet. This is a very positive sign. We rejoice at Eneo.” The problem is that since December 31, 2019, the Cameroonian Aluminum Company (Alucam) no longer officially has an electricity supply contract with Eneo, the vendor of the public electricity service in the...
Aluminium Bahrain announced a Profit of BD52.2 million (US$138.8 million) for the first quarter of 2021, up by 807% from BD5.8 million (US$15.3 million) for the same period in 2020. Revenue in Q1 2021 stood at BD302.7 million (US$805.1 million), from BD275.9 million (US$733.8 million) in Q1 2020. That was up by 10% YoY. Income came in at BD58.4 million (US$155.4 million) from loss of BD1.6 million (US$4.3 million), marking a growth of 3,539% YoY. Gross Profit was BD80.5 million (US$214 million) in Q1, an increase of 140% YoY. “Alba’s top-line were driven in the first quarter of 2021 by higher LME prices (+24% YoY) and partially offset by lower Sales’ volume (a drop of 6% YoY) while the bottom-line was driven by higher top-line and partially impacted by higher depreciation as well as...
Alufluoride Limited has reportedly started the commercial production of Aluminium Fluoride plant at Visakhapatnam with effect from Saturday, May 1. The news came after the company informed the exchange regarding the commencement of its business operations. Alufluoride confirmed that it would commence the commercial production of the new expanded Aluminium Fluoride plant at Visakhapatnam. Alufluoride Limited is engaged in producing aluminium fluoride, making continuous efforts to conserve energy at various levels of operations. At around 10:50 AM on May 3, Alufluoride traded at INR 248 per share, up by INR 3 or 1.22 per cent from its previous closing of INR 245 per share on Sensex. A the end of December 2020, Alufluoride recorded net sales of INR 8.84 crore, down 60.72 per cent from INR...
LME aluminium benchmark price edged 0.53 per cent higher on Friday, April 30, from US$ 2,432 per tonne on April 29. LME aluminium cash (bid) price and LME official settlement price continued to rise by US$ 13 per tonne to stand at US$ 2,445 per tonne on Friday, April 30. 3-months bid price and 3-months offer price grew to US$ 2,438 per tonne from US$ 2,429.50 per tonne on April 29. Dec 22 bid price and Dec 22 offer price came in at US$ 2,434 per tonne on Friday, increasing by US$ 1.50 per tonne from US$ 2,432.50 per tonne. The LME aluminium opening stock declined from 1838950 tonnes to 1835150 tonnes. Live Warrants totalled 1231700 tonnes, while Cancelled Warrants stood at 603450 tonnes. LME aluminium 3-months Asian Reference Price inched up on April 30 from US$ 2426.17 per tonne to US$...
Rio Tinto has reportedly estimated about 217,000 tonnes of spent cell lining at the Tiwai Point aluminium smelter, around 20 per cent more than the previously reported amount of 181,000 tonnes. This additional amount was found in a report audit, which was part of the smelter’s annual financial reporting process. New Zealand Aluminium Smelters chief executive and site general manager Stew Hamilton said “We want to make sure the community is aware of the adjusted quantity.” He also said the company is committed to removing all SCL containing concentrations of fluorides and cyanides. Irrespective of the amount of waste material, sufficient financial provisions have been made to ensure responsible management of all SCL material stored onsite. Stew Hamilton added, “I want to be very clear that...
Vedanta has reported a growth in its aluminium products by INR 2,250 per tonne. With effect from Friday, 30 April 2021, the prices of some aluminium ingots have increased by more than 1% to stand at INR 208,000-221,000 per tonne from INR 205,750-218,750 per tonne on April 23. The company’s billets price stands at INR 216,000 per tonne on Friday, 30 April 2021, representing a hike of INR 2,250 per tonne or 1.05% from INR 213,750 per tonne on April 23. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on stood at US$ 2,432 per tonne on Thursday, April 29, a growth of 66.52 per cent from US$ 1460.50 per tonne last year. Vedanta’s aluminium business typically accounts for one-third of the...
Aluminium producers in China have been reportedly generating the best profits in years due to the long-running rally of metal prices, driven by global economic recovery from the COVID-19 pandemic and rising demand. But amid this positive impact, the incessant surge in prices, on the other hand, is prompting many users such as home appliance manufacturers looking for alternatives, said China’s nonferrous metal body on Thursday, April 29. "The price increase has many positive effects on the industry, but there are also some negative effects," Jia Mingxing, secretary general of the China Nonferrous Metals Industry Association (CNIA), told a quarterly press conference. He pointed out that the most adverse impact is found on downstream companies, which process aluminium metal into products....
Three-month LME aluminium rose 0.56% to close at US$2,413.5 per tonne on Thursday. Aluminium stocks increased 56,350 tonnes and Klang inventory grew 61,150 tonnes, and the upward pressure appeared, SMM reported. The contract is likely to trade between US$2,400-2,430 per tonne today. As of Thursday April 29, LME aluminium cash (bid) price stands at US$ 2432 per tonne, LME official settlement price stands at US$ 2432 per tonne; 3-months bid price stands at US$ 2429.50 per tonne, 3-months offer price is US$ 2429.50 per tonne; Dec 22 bid price stands at US$ 2432.50 per tonne, and Dec 22 offer price stands at US$ 2432.50 per tonne. The LME aluminium opening stock stood at 1838950 tonnes. Live Warrants totalled 1245350 tonnes, and Cancelled Warrants were 593600 tonnes. LME aluminium 3-months...
Hindalco Industries Limited has further expanded its aluminium ingot and aluminium products prices for the third time in a row. The last hike was a week ago, on April 23, by INR 2,750 per tonne. This week the prices have witnessed a hike of INR 2,250 per tonne with effect from Friday, April 30. Therefore, Hindalco’s aluminium ingot price is standing at INR 208,250 per tonne compared to INR 206,000 per tonne on April 23. Hindalco’s aluminium wire rod price has come in at INR 219,350 per tonne, also up by INR 2,250 per tonne from INR 217,100 per tonne last week. The company is now selling its aluminium billets at INR 215,350 per tonne compared to INR 213,100 per tonne on last Friday. Hindalco links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on...
A00 aluminium ingot price in China has reached a new high of RMB 18,830 per tonne on Friday, April 30, expanding further by RMB 100 per tonne after a surge of RMB 330 per tonne on the previous day, found the Shanghai Metals Market. The average prices are expected to range between RMB 18,810 per tonne and RMB 18,850 per tonne, with spot contract to be traded at a premium price of RMB 50-10 per tonne, down by RMB 10 per tonne from April 29. In Linyi, A00 aluminium ingot price is also stand at RMB 130 per tonne, climbing by RMB 130 per tonne. In Wuxi, the price has surged by RMB 125 per tonne to stand at RMB 18,835 per tonne, while the price in Hangzhou and Tianjin has grown by RMB 115 per tonne and RMB 110 per tonne to come in at RMB 18,840 per tonne and RMB 18,780 per tonne, respectively....
On 28 th April 2021, Qatar Aluminium Manufacturing Company (Qamco) posted a net profit of QR124 million for the first quarter (Q1 2021). This is considered as a record increase ever in the history of organization for quarterly performance as it crossed over 1000% compared to QR11 million Y-o-Y. Earnings per share (EPS) rose at QR0.022 compared to QR0.002 for Q1 2020. Qamco’s enhanced financial result during the period was driven by growth in global aluminium prices on the back of improved macroeconomic dynamics. The overall growth in average realized selling prices increased by 15% in the first quarter against the same period in 2020 which contributed QR83 million positively to the net profits in Q1 2021 compared to the same period last year. QAMCO, a 50% shareholder in Qatalum also...
On 29th April 2021, RUSAL announced that it had appointed Roman Andryushin as Deputy CEO of sales in Russia, the CIS and China. The Company is also gratified to see the return of Steve Hodgson as Director of Sales and Marketing. The dual appointments are an indication of the Company’s refreshed and innovative growth plans. Roman Andryushin in his new role will be shouldering the responsibility for developing one of the strategic sales areas – the domestic market, introducing new innovative products manufactured by RUSAL, as well as managing export sales to China and interacting with RUSAL's key traders. This appointment will strengthen the Company's presence in these markets and will deliver fresh input to the development of RUSAL's sales process. Since 2000, Roman Andryushin has been...
As we continue to discover the importance of Industry 4.0 or the Fourth Industrial Revolution in the manufacturing and industrial sector, including the aluminium industry, AlCircle is determined to come up with the third edition of e-Magazine on “ Aluminium Industry 4.0: Drivers & Change Makers of 2021 ”. A large number of aluminium smelters are still harnessing the transformational potential of the 4th Industrial Revolution in a quest to position themselves as the ‘Smelter of the Future’. Especially in the background of the COVID-19 pandemic, the adoption of Industry 4.0 and Digitisation has proved to be inevitable in achieving higher productivity at a lesser time and with fewer workforces as it uses large-scale machine to machine communication (M2M) to enable data transfer and...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to decline this week. The stocks dropped by 25,000 tonnes from last Thursday to 1.12 million tonnes as of Thursday, 29 April 2021. The chart below shows the status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi declined the most, standing at 427,000 tonnes on Thursday, 29 April 2021 from 450,000 tonnes last week. That was down by 23,000 tonnes. The stocks in Hangzhou and Gongyi stood at 99,000 tonnes and 139,000 tonnes, a drop of 5,000 tonnes and 2,000 tonnes. Inventories of aluminium in Tianjin remained unchanged at 60,000 tonnes as of Thursday, 29 April 2021. In Shanghai, Nanhai and...
SMM aluminium ingot price registered a jump after a drop yesterday. The aluminium price stood at RMB 18730 per tonne on Thursday, 29 April 2021, an increase of RMB 330 per tonne from RMB 18400 per tonne on April 28. The price is expected to move within a range of RMB 18710-18750 per tonne today. In Foshan and Wuxi, the price grew by RMB 330 per tonne and RMB 285 per tonne to stand at RMB 18750 per tonne and RMB 18710 per tonne on Thursday, 29 April 2021.Aluminium prices in Hangzhou and Chongqing stood at RMB 18725 per tonne and 18660 per tonne, up RMB 315 per tonne and RMB 325 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 18675 per tonne, RMB 18670 per tonne, RMB 18700 per tonne, and RMB 18610 per tonne. The aluminium alloy (ADC12)...
Aluminum Corporation of China Limited, popularly known as Chalco, announced on Tuesday, April 27, that its net profit in Q1 2021 recorded a thirtyfold year-on-year surge and stood five-year high at RMB 966.7 million ($149 million), driven by aluminium price growth to decade peaks and production increase. The company’s best result was a profit of more than RMB 1 billion in Q4 2015. China’s domestic aluminium prices grew more than 20 per cent in 2020 on subsequent recovery led by resurgent Chinese demand. They further climbed 11.3 per cent in the first quarter of this year and hit 11-year high at RMB 18,655 per tonne. Chalco said its revenue in Q1 2021 advanced 32.6 per cent over the year to come in at RMB 52.6 billion, attributing to the increase of its realised aluminium sales price by...
Three-month LME aluminium inched up 0.04 per cent to settle at US$ 2,400 per tonne on Wednesday. Shrinking LME aluminium stocks and recovering overseas economy lent support to LME aluminium. It is expected to fluctuate between US$ 2,390-2,410 per tonne today. LME aluminium cash (bid) price and LME official settlement price further rose US$ 3.50 per tonne to stand at US$ 2,392.50 per tonne on Wednesday, April 28. 3-months bid price and 3-months offer price grew to US$ 2,397.50 per tonne from US$ 2,394 per tonne, also up by US$ 3.50 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2,401 per tonne on Wednesday, increasing by US$ 9.50 per tonne from US$ 2,391.50 per tonne on Tuesday, April 27. The LME aluminium opening stock declined from 1787525 tonnes to 1782600 tonnes....
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, will open a vaccination centre at its site in Slatina for its employees and their families. The company has received the approval of the Public Health Department to start the vaccination process beginning with 4th of May2021. The Group implemented comprehensive protocols and procedures to operate in safe conditions, at normal parameters, with a fully functional distribution chain. 'Vaccination is the only chance we have to return to a state of normality both in our private lives and in business and we consider it is our duty to support the local and national authorities' efforts to speed up this process and to offer our employees the opportunity to receive the necessary...
