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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Rio Tinto owned Tiwai Point Aluminium smelter consumes around 13% of New Zealand’s electricity produced, however, it has now outreached an agreement with Meridian Energy to curtail its usage by up to 30.5 megawatts per hour (MWh) until the end of May 2021. Tiwai aluminium smelter has a supply contract with 100% renewable energy supplier, Meridian Energy New Zealand to deliver with cheap power until 2024. According to data from the energy consultancy firm Energy Link, this decision has come into force, as hydro storage levels had dropped by a third last year, and are sitting around their lowest point in 25 years at 1840 gigawatts per hour. The wholesale power prices have surged nearly eight-fold in the recent weeks, as the dry weather crops up with lack of rain causing the plunge in hydro...
Three-month LME aluminium settled 0.27% lower at US$2,392.5 per tonne on Tuesday. SMM expects the contract to trade between US$2,380-2,400 per tonne today. As of Tuesday April 27, LME aluminium cash (bid) price stands at US$ 2389 per tonne, LME official settlement price stands at US$ 2389 per tonne; 3-months bid price stands at US$ 2394 per tonne, 3-months offer price is US$ 2394 per tonne; Dec 22 bid price stands at US$ 2391.50 per tonne, and Dec 22 offer price stands at US$ 2391.50 per tonne. The LME aluminium opening stock stood at 1787525 tonnes. Live Warrants totalled 1218700 tonnes, and Cancelled Warrants were 568825 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2408.98 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE decreased to...
On Tuesday, April 27, Rusal announced that its aluminium production in the first quarter of 2021 stood at 932,000 tonnes, with Siberian smelters representing 93 per cent of the total aluminium output. The production in Q1 reflected a quarter-on-quarter drop of 1.9 per cent from 950,000 tonnes and 0.8 per cent year-on-year from 940,000 tonnes. Krasnoyarsk aluminium smelter in Siberia produced 253,000 tonnes of aluminium in Q1, followed by Bratsk aluminium smelter churning out 250,000 tonnes. Sayanogorsk aluminium smelter and Irkutsk aluminium smelter produced 132,000 tonnes and 105,000 tonnes of aluminium, respectively, in the said. Aluminium sales amounted to 962,000 tonnes, down 6.4 per cent from 1.028 million tonnes in Q4 2020 and 5.3 per cent from 914,000 tonnes in Q1 2020....
On 27 th April 2021, a spokeswoman of the China Nonferrous Metals Industry Association (CNIA) said that Fan Shunke is appointed as the new head of aluminium, succeeding the retirement of the long-serving Wen Xianjun a few days earlier. A deputy secretary of the party committee at the CNIA, Fan Shunke has taken charge of the light metal department, the spokeswoman added. The 57-year-old Fan, with an engineering background, has worked at the CNIA in various senior roles for almost 10 years and has also held positions at a research institute. Fan Shunke has owned the new role at a time when China stands as the world’s largest aluminium producer and consumer and is expanding with a record amount of the metal used in everything from cans to cars while straining to low the emissions from the...
On 26 th April 2021, the Montenegrin police detained former Economy Minister Branko Vujovic for damaging the state budget to service guarantees given for the failed Podgorica Aluminum Plant, KAP, in 2009. As per our report, the State Prosecutor interrogated Vujovic and former government officials Damir Rasketic and Refik Bojadzic on suspicion of misuse of office. Nikola Martinovic, the Lawyer, informed: “The former officials denied those accusations. The State Prosecutor decided to declare this case an official secret, which is why we cannot disclose more information.” From 2009 to 2013, Vujovic was Economy Minister, a phase when the government inked a contract of guarantees with Hungarian OTP bank and Deutsche Bank to support 135 million euros in loans to KAP. The Montenegrin government...
Hydro Energy and Hydro Extrusions business areas reported record quarterly results based on strong global economic recovery that boosted demand for renewable energy, aluminium, and aluminium products. According to the report released, Hydro’s primary aluminium production in Q1 2021 stood at 539,000 tonnes, which reflected an increase of 1 per cent from 532,000 tonnes in Q4 2020 and 2 per cent from 528,000 tonnes in Q1 2020. Realised aluminium price on LME was 11 per cent higher quarter-on-quarter and 13 per cent on the year to US$ 1,993 per tonne, resulting in Hydro’s higher revenue to NOK 31,951 million in Q1 2021. Adjusted EBITDA of the company in the same quarter grew from NOK 3,403 million in Q4 2020 to NOK 5,182 million. Hydro’s higher aluminium extrusions sales volumes to 338,000...
South32 reported aluminium production of 240,000 tonnes in 3Q21. That was down 3% quarter-on-quarter. Output stood at 736,000 tonnes in the nine months ended March 2021, down 1% year-on-year from 741,000 tonnes in the nine months ended March 2020. Hillside Aluminium saleable production decreased by 1% to 537,000 tonnes in the nine months ended March 2021 as the smelter continued to test its maximum technical capacity, despite the impact from increased load-shedding. Production guidance remains unchanged at 720,000 tonnes for FY21. “The new energy supply agreement for the smelter is currently with the National Energy Regulator of South Africa for review. The new agreement is to cover power supplied for a 10-year period with a tariff that is South African rand based, and a rate of...
Three-month LME aluminium climbed 1.48 per cent to settle at US$ 2,404 per tonne on Monday, and is expected to move between US$ 2,390-2,410 per tonne today. LME aluminium cash (bid) price and LME official settlement price gained US$ 14.50 per tonne to stand at US$ 2,388 per tonne on Monday, April 26, following a restraint on the previous day at US$ 2,373.50 per tonne. 3-months bid price and 3-months offer price grew to US$ 2,393.50 per tonne from US$ 2,378.50 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2,394.50 per tonne on Monday, increasing by US$ 15.50 per tonne from US$ 2,379 per tonne on Friday, April 23. The LME aluminium opening stock declined from 1796925 tonnes to 1793100 tonnes. Live Warrants totalled 1219200 tonnes, while Cancelled Warrants stood at 573900...
On 26 th April 2021, Emirates Global Aluminium (EGA) announced the activation of the first section of an expansion to the company’s Al Taweelah smelter. The ramp-up of the 26 new reduction cells at potline 1 at Al Taweelah will be followed to produce some 30,000 tonnes of aluminium per year. The company stated: “In total EGA is building 66 new reduction cells to extend all three potlines at Al Taweelah. The project will increase production capacity at Al Taweelah by some 78,000 tonnes of hot metal per year. The start-up of the extension to potline 2 and then potline 3 will take place later this year.” Despite the Covid-19 challenges, overall project accomplishment stands at 70% on schedule. Abdulnasser Bin Kalban, CEO, EGA, said: “This project to expand our production at Al Taweelah is...
Three-month LME aluminium settled 0.45% higher at US$2,369 per tonne last Friday. The increase in price was due to lower LME aluminium stocks, improved overseas economic and weak US dollar. SMM expects the contract to move between US$2,350-2,390 per tonne today. As of Friday, April 23, LME aluminium cash (bid) price stands at US$ 2373.50 per tonne, LME official settlement price stands at US$ 2373.50 per tonne; 3-months bid price stands at US$ 2378.50 per tonne, 3-months offer price is US$ 2378.50 per tonne; Dec 22 bid price stands at US$ 2379 per tonne, and Dec 22 offer price stands at US$ 2379 per tonne. The LME aluminium opening stock stood at 1796925 tonnes. Live Warrants totalled 1238750 tonnes, and Cancelled Warrants were 558175 tonnes. LME aluminium 3-months Asian Reference Price is...
Hindalco’s Aditya Aluminium is reportedly conducting vocation trainings through its CSR project “Swabalmb” in Sambalpur’s Lapanga village to help people become self-reliant. The end objective is to make them employable. The project rolled out in October 2020 and until now, over 270 youngsters have been trained in Ophthalmologist Paramedical services, tailoring, beautician, motor binding, driving etc. Among the trainees, two beneficiaries worth noted here are Sevati (19) & Rajashree (18) of Lapanga village. They were trained in ophthalmologist paramedical services at Trilochan Netralaya and today they earn INR 10,000 every month. Their families now live a life of dignity. Lauding the initiative, Mr Subrat Roy, the Director of SBI Regional Self Employment Training Institute says, “This is a...
The fresh documents released under the Official Information Act, an important part of New Zealand's constitutional framework showcased, in 2020, the owners of the Tiwai Point aluminium smelter refused the offer of direct payment from the Government. As an opening offer to the aluminium smelter, a payment of between $15 million and $35 million was at one stage being discussed by officials, the documents reveal. The payment would have been conditional on the Tiwai smelter spending more than the $300 million it has currently allocated to clean up the smelter site following its shut down and tied to the smelter staying open until 2024. In November’20, an offer was made by the government, which was called "Southland Transition Bond”. However, the released document by OIA clearly states the...
Hindalco Industries Limited has further increased its aluminium ingot and aluminium products prices this week with effect from Friday, April 23. With the latest hike, Hindalco’s aluminium ingot price has come in at INR 206,000 per tonne, up by INR 2,750 per tonne or 1.35 per cent from INR 203,250 per tonne on April 20. Hindalco’s aluminium wire rod price is standing at INR 217,100, reflecting an increase of INR 2,750 per tonne from INR 214,350 per tonne on the previous day. Hindalco’s aluminium billets price has also been raised by INR 2,750 per tonne to INR 213,100 per tonne as of April 23. Hindalco links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London Metal Exchange, which after April 20 increased by US$ 49.50 per tonne to US$...
SMM aluminium ingot price has edged higher by RMB 30 per tonne to stand at RMB 18210 per tonne on Friday, 23 April 2021, from its previous price of RMB 18180 per tonne on April 22. This marks the second consecutive hike in aluminium price. The price is expected to range at RMB 18190-18230 per tonne. In Foshan and Wuxi, the price grew by RMB 30 per tonne and RMB 35 per tonne to stand at RMB 18250 per tonne and RMB 18210 per tonne on Friday, 23 April 2021. Aluminium prices in Hangzhou and Chongqing came in at RMB 18220 per tonne and 18200 per tonne, up RMB 25 per tonne and RMB 50 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 18205 per tonne, RMB 18170 per tonne, RMB 18220 per tonne, and RMB 18090 per tonne. The prices of aluminium alloy...
Three-month LME aluminium settled 0.3 per cent lower at US$ 2,358.50 per tonne on Thursday, April 22, and is expected to move between US$ 2,340-2,390 per tonne today. LME aluminium cash (bid) price and LME official settlement price increased by US$ 29 per tonne to stand at US$ 2,373.50 per tonne on April 22. 3-months bid price and 3-months offer price grew to US$ 2,368.50 per tonne from US$ 2,337 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2,379.50 per tonne on Thursday, climbing down by US$ 29.50 per tonne from the previous day. The LME aluminium opening stock decreased from 1809250 tonnes to 1802450 tonnes. Live Warrants totalled 1238750 tonnes, while Cancelled Warrants stood at 563700 tonnes. LME aluminium 3-months Asian Reference Price grew from US$ 2316.21per...
According to the latest report from the US Geological Survey, US domestic primary aluminium production stood at 69,000 tonnes in February 2021. The average daily output came in at 2,470 tonnes, slightly down from January 2021 and 18% less from February 2020. Total aluminium recovered from scrap was 248,000 tonnes in February 2021, down 3% from the revised total in January 2021, 10% from the revised amount in February 2020, and 9% less from February 2019. Of this, 132,000 tonnes of aluminium was recovered from new scrap and 117,000 tonnes was recovered from old scrap. In February, the average U.S. spot market price of primary aluminium ingot was $1.10 per pound, an increase of 4% from January 2021. Inventories of primary aluminium in LME-approved warehouses, including off-warrant...
RUSAL has started rolling the test deliveries of an entirely new product, aluminium produced by a revolutionary technology on inert anode cells. The usage of an inert anode in the electrolysis process drives it achievable to almost eliminate greenhouse gas emissions. RUSAL urges prospective partners and market leaders to test a pilot batch of this aluminium produced by the company using inert anode technology. Combined with renewable hydropower, inert anode technology provides an unprecedented low carbon footprint in metal production - less than 0.01 tonnes of CO2 equivalent per ton of metal (Scope 1, Scope 2 - direct and indirect emissions). This is tens of times lesser than the industry average for aluminium production. Roman Andryushin, Sales and Marketing Director of RUSAL said: “We...
According to the data shown by the International Aluminium Institute, primary aluminium production in East & Central Europe rebounded in March 2021 to 353,000 tonnes as was in January. Therefore, on a month-on-month calculation, the output in March recorded a hike of 34,000 tonnes or 10.66 per cent than 319,000 tonnes in February, while on year, the output stood slightly down by 1,000 tonnes from 354,000 tonnes. However, the production in February 2021 saw a decline of 9.63 per cent than in January 2021. Total production of primary aluminium in East & Central Europe during the first quarter of 2021 stood at 1.025 million tonnes, down by 1.54 per cent from 1.041 million tonnes in Q1 2020. In West Europe, primary aluminium production also registered an increase over the month by 29,000...
