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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Aluminium Bahrain B.S.C. (Alba), the largest smelter in the world ex-China, is progressing towards becoming the world’s safest aluminium smelter by achieving 10 million safe working-hours without Lost Time Injuries (LTI), according to a report on Monday, April 12, 2021. Commenting on this achievement, Alba’s Chief Executive Officer Ali Al Baqali said: “Achieving 10 million safe working-hours without LTI is no coincidence, when collectively as a team we do the Right Choice. Safety is not an act, but rather a lifestyle for Alba employees and contractors’ workforce. Taking Ownership of Safety is key to our success today and emphasizes Alba’s objective of maintaining a zero-accident work environment within the Company.” Alba recently held a campaign called ‘the Right Choice’ during April...
Mubadala Investment Co., the sovereign fund of Abu Dhabi stated that it’s “close” to an initial public offering of Emirates Global Aluminium PJSC as it examines other crucial deals comprising a role in a consortium investing in Saudi Aramco’s oil pipelines. On 12 th March 2021, Khaldoon Al Mubarak, CEO commented, when questioned about the possibility of IPO of Middle East’s biggest producer of aluminium, EGA: “We’ve been thinking about this for a couple of years and waiting for the right time for that business to be IPO’d.” The $232 billion funds have shown minor sign of slowing down in 2021, coming off its busiest year. However, the deal stroked wide spreads from acquiring a Brazilian refinery to invest in convertible bonds of messaging app Telegram. Mubadala and Investment Corp. of...
A00 aluminium ingot price in China has climbed by RMB 90 per tonne to close at RMB 17,470 per tonne on Tuesday, April 13, following the two consecutive days of decline, learned the Shanghai Metals Market. The average prices are expected to range between RMB 17,450 per tonne and RMB 17,490 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne. In Linyi, A00 aluminium ingot price has surged by RMB 120 per tonne to RMB 17,490 per tonne, followed by the hike of RMB 110 per tonne to RMB 17,530 per tonne as of April 13. In Shenyang, primary aluminium ingot price has increased by RMB 105 per tonne to RMB 17,475 per tonne, while the price in Wuxi and Hangzhou has grown by RMB 95 per tonne and RMB 90 per tonne to RMB 17,485 per tonne and RMB 17,500 per tonne,...
Three-month LME aluminium edged down 0.09 per cent to settle at US$ 2267 per tonne on Monday and is expected to move between US$ 2250-2280 per tonne today. LME aluminium cash (bid) price and LME official settlement price increased by US$ 4 per tonne to come in at US$ 2254 per tonne as of Monday, April 12, following a plunge to US$ 2250 per tonne on Friday, April 9. 3-months bid price and 3-months offer price rose marginally from US$ 2267.50 per tonne to US$ 2268.50 per tonne. Dec 22 bid price and Dec 22 offer price, however, decreased to return to US$ 2308 per tonne as of April 12. The LME aluminium opening stock decreased from 1854250 tonnes to 1847600 tonnes. Live Warrants totalled 1337125 tonnes, while Cancelled Warrants stood at 510475 tonnes. LME aluminium 3-months Asian Reference...
Alcore Limited, 87 per cent-owned chemical refining subsidiary of ASX-listed Australian Bauxite, has reportedly produced aluminium fluoride samples from aluminium smelter waste known as dross in its recent test work by using proprietary technology. The company hopes to become the first domestic supplier of aluminium fluoride, an essential raw material in aluminium smelting. According to the report, Alcore has developed a two-stage process to produce aluminium fluoride from a combination of dross and aluminium hydroxide. Incorporating dross into the mix, Alcore estimates the average base-line operating costs of aluminium fluoride production to decrease from A$1,080 per tonne to A$800 per tonne. Alcore says Australian aluminium smelters rely primarily on imported aluminium fluoride. In the...
A00 aluminium ingot price in China has opened the week on Monday, April 12, with a decline of RMB 110 per tonne to RMB 17,380 per tonne, following two consecutive hikes last week from RMB 17,390 per tonne to RMB 17,490 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 17,360 per tonne and RMB 17,400 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne. In Linyi, Tianjin, and Shenyang, A00 aluminium ingot price is standing at RMB 17,370 per tonne, registering downfalls by RMB 130 per tonne, RMB 110 per tonne, and RMB 105 per tonne, respectively. In Hangzhou, primary aluminium ingot price has plunged by RMB 115 per tonne to RMB 17,410 per tonne, while the price in Wuxi and Chongqing has declined by RMB 110 per...
Three-month LME aluminium slid 0.72 per cent to settle at US$ 2269 per tonne last Friday, and is expected to move between US$ 2245-2280 per tonne today. LME aluminium cash (bid) price and LME official settlement price plunged by US$ 17.50 per tonne or 0.78 per cent to stand at US$ 2250 per tonne as of Friday, April 9, following a hike from US$ 2239.50 per tonne to US$ 2267.50 per tonne on the previous day. 3-months bid price and 3-months offer price decreased by US$ 12.50 per tonne from US$ 2280 per tonne to US$ 2267.50. Dec 22 bid price and Dec 22 offer price also inched down to clock at US$ 2308 per tonne on April 9 compared to US$ 2314 per tonne on April 8. The LME aluminium opening stock decreased from 1860850 tonnes to 1854250 tonnes. Live Warrants totalled 1337125 tonnes, while...
National Aluminium Company Limited (NALCO) has sharply raised its aluminium ingot and aluminium product prices with effect from Friday, April 9, following a cut more than a week ago on April 1. NALCO’s aluminium ingot price has come in at INR 194,250-197,750 per tonne, reflecting an increase of INR 6,600 per tonne from INR 187,650-191,150 per tonne. Aluminium wire rod price has also witnessed a surge of INR 6,600 per tonne with effect from April 9 from INR 191,150-195,500 per tonne to INR 197,750-202,100 per tonne. NALCO’s aluminium billets price has also been raised by INR 6,600 per tonne from INR 191,100-193,750 per tonne to INR 197700-200,350 per tonne. NALCO, like any other Indian aluminium producer, links its aluminium ingot and aluminium products prices to the three-month futures of...
According to the recent data revealed by the Shanghai Metals Market, China’s primary aluminium production improved 10.2 per cent year-on-year to 3.35 million tonnes in March 2021 (31 production days). However, on a month-on-month basis, the production stood 10.93 per cent down from 3.02 million tonnes. Daily output rose 200 tonnes from February to 107,900 tonnes in March. The proportion of aluminium water came in at 63.2 per cent, up 3.9 percentage points month-on-month. Seven aluminium plants in Inner Mongolia conducted maintenance or reduced output in March due to local energy consumption restrictions, involving about 310,000 tonnes of annual capacity. Meanwhile, several plants in south-west China continued to raise operating capacity in the same month. As of early April, there were...
Vedanta has reported a growth in its aluminium products for the fourth day in row. With effect from Friday, 09 April 2021, the prices of some aluminium ingots have increased by more than 1% or INR 2,750 per tonne from Thursday’s price of INR 192,750-205,750 per tonne. Aluminium price is currently hovering at INR 195,500-208,550 per tonne. Billets price stands at INR 203,500 per tonne on Friday, 09 April 2021, representing a hike of INR 2,750 per tonne from INR 200,750 per tonne on April 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 LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts...
Hydro will establish a separate company called Hydro REIN to provide renewable energy solutions for more sustainable industries. The company aims to help Hydro and other industrial clients succeed with their energy transition. “As part of Hydro’s strategic direction of strengthening our position in low-carbon aluminium and exploring new growth opportunities, we launched a separate unit last year called Renewable Growth. As we have now matured this initiative further, we are strengthening the organization, setting it up as a separate company and naming it Hydro REIN,” said Hydro’s President and CEO, Hilde Merete Aasheim. This separate unit will create several positions, in areas such as project development, technology, legal and sustainability. “We will facilitate access to affordable...
SMM aluminium ingot price has marked a hike for the second day in a row. The price stands at RMB 17490 per tonne on Friday, 09 April 2021, an increase of RMB 20 per tonne from Thursday’s price of RMB 17470 per tonne. The price is expected to move within a range of RMB 17470-17510 per tonne. In Foshan and Wuxi, the price has increased by RMB 30 per tonne each to stand at RMB 17510 per tonne and RMB 17500 per tonne on Friday, 09 April 2021. In Hangzhou and Chongqing, the price has inched up by RMB 15 per tonne and RMB 10 per tonne to stand at RMB 17525 per tonne and RMB 17460 per tonne. Aluminium ingot prices in Shenyang, Tianjin and Linyi have risen to stand at RMB 17475 per tonne, RMB 17480 per tonne, and RMB 17500 per tonne. Australian alumina FOB price stands USD 2.5 per tonne higher at...
Three-month LME aluminium settled 1.15 per tonne higher at US$ 2,285.50 per tonne on Thursday, and is expected to trade between US$ 2,250-2,310 per tonne today. LME aluminium cash (bid) price and LME official settlement price surged by US$ 28 per tonne or 1.25 per cent to settle at US$ 2267.50 per tonne as of Thursday, April 8. 3-months bid price and 3-months offer price grew by US$ 21.50 per tonne to stand at US$ 2280 per tonne. Dec 22 bid price and Dec 22 offer price crossed the US$ 2300 per tonne level to reach US$ 2314 per tonne, soaring by US$ 55.50 per tonne. The LME aluminium opening stock inched up from 1860125 tonnes to 1860850 tonnes on Thursday, April 8. Live Warrants totalled 1344575 tonnes, while Cancelled Warrants stood at 516275 tonnes. LME aluminium 3-months Asian...
Shanghai Metals Market data showed primary aluminium inventories in China lost 23,000 tonnes across eight major consumption areas, including SHFE areas, to stand at 1.23 million tonnes as of April 8, 2021. Last week on April 1, the inventories stood at 1.251 tonnes across China, climbing by 8,000 tonnes week-on-week. The chart below indicates the current status of primary aluminium inventories across China in more details: In Gongyi, primary aluminium inventories decreased by 14,000 tonnes week-on-week to come in at 175,000 tonnes, while the stocks in Nanhai plunged by 12,000 tonnes to settle at 303,000 tonnes. In Shanghai and Tianjin, primary aluminium inventories dropped 3,000 tonnes and 2,000 tonnes to clock at 96,000 tonnes and 58,000 tonnes, respectively. In Hangzhou, the inventories...
Vedanta has hikes its aluminium products price for the three consecutive days. With effect from Thursday, 08 April 2021, the prices of some aluminium ingots are in the range of INR 192,750-205,750 per tonne. The price has marked a growth of 0.78% or INR 1,500 per tonne from INR 191,250-204,250 per tonne on April 7. The company is selling its billets price at INR 200,750 per tonne, marking an increase of INR 1,500 per tonne from INR 199,250 per tonne on April 7. 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 LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the company’s...
Like the global aluminium industry, Ghana’s new integrated aluminium industry is going to be highly-energy intensive, requiring 500 megawatts of direct and stable power supply to be able to operate effectively. Ghana is in the process of expanding its existing bauxite mine in Awaso and developing additional mines in Nyinahin-Mpasaso and Kyebi. The country also plans to expand its existing VALCO smelter and develop a second smelter to increase its aluminium production capacity. Besides, it aspires to establish at least two refineries with the goal of maximising in-country value by refining bauxite into alumina. Chief Executive Officer of Ghana Integrated Aluminium Development Corporation (GIADEC), Mr Michael Ansah, informed that they already started corresponding with power companies for...
Ionic Rare Earths Limited (IonicRE) has inked a Memorandum of Understanding with rare earth miner Aluminium Corporation of China subsidiary, China Rare Metals and Rare Earth (Jiangsu) Co., Ltd for the development of its Makuutu Rare Earths Project in Uganda. Both the parties will cooperate to accelerate Makuutu mine development and production including potential off take agreements and Project funding. IonicRE Managing Director Tim Harrison commented: “We are very pleased to have signed this MOU which, further endorses the quality of the Project and its strategic importance, and will now enable the Makuutu Rare Earths Project to rapidly advance activities in the near term. We welcome the involvement of CHINALCO and their ionic clay and rare earths separation arm China Rare Earths Jiangsu....
Vedanta Aluminium & Power Business, India’s largest producer of aluminium and value-added products, is facilitating hundreds of MSMEs in remote rural areas with its innovative ‘Waste to Wealth’ programme. This programme is part of Vedanta’s sustainability goals and commitments toward socio-economic development in some of the country’s aspirational districts. Vedanta’s Waste to Wealth programme is focused on ‘Zero Harm, Zero Waste and Zero Discharge’. As part of the initiative, the company is assisting local micro-enterprises in making nearly 5 lakh tonnes per annum of fly-ash brick. Vedanta is also providing know-how and training on manufacturing these bricks in partnership with technical institutes, which is creating employment avenues and promoting a circular economy. The beneficiaries...
