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 British metal magnate and Executive Chairman of GFG Alliance, Sanjeev Gupta’s request for a £170 million emergency loan to prevent his group from collapsing have been rejected by British ministers, as reported by the industry sources on 28 th March 2021. The plea was rejected amid concerns by ministers over the structure and corporate governance at GFG Alliance, and whether bailout funds would remain in the country, as reported by a person familiar with the matter. As per the sources, Mr Gupta was working on plans to raise fresh loans against parts of the group facility outside the UK, which added that he also focused to generate cash from an expedited sale of goods. Sanjeev Gupta’s GFG Alliance was the biggest recipient of financing from Greensill, a British financing company that...
A00 aluminium ingot price opened the week higher by RMB 60 per tonne to RMB 17,390 per tonne as of Monday, March 29, found the Shanghai Metals Market. This marks the second consecutive day of rise from RMB 17,330 per tonne on Friday, March 26. The average prices are expected to range between RMB 17,370 per tonne and RMB 17,410 per tonne, with spot contract to be traded at a premium price of RMB 30-10 per tonne. In Chongqing, A00 aluminium ingot price has grown the highest by RMB 75 per tonne to stand at RMB 17,360 per tonne, followed by the rise of RMB 60 per tonne in Foshan and Linyi to RMB 17,390 per tonne and RMB 17,400 per tonne, respectively. In Hangzhou, primary aluminium ingot price has climbed by RMB 55 per tonne to come in at RMB 17,420 per tonne, while the price in Wuxi and...
Three-month LME aluminium gained 0.78 per cent to settle at US$ 2,273.50 per tonne last Friday, and is expected to move between US$ 2,240-2,270 per tonne today. On Friday, March 26, LME aluminium cash (bid) price and LME official settlement price soared by US$ 52.50 per tonne to close the week at US$ 2260.50 per tonne. 3-months bid price and 3-months offer price stood at US$ 2285 per tonne, up by US$ 49.50 per tonne from US$ 2235.50 per tonne on March 26. Dec 22 bid price and Dec 22 offer price hovered around US$ 2293.50 per tonne compared to US$ 2251 per tonne on the previous day. The LME aluminium opening stock declined from 1934425 tonnes on Thursday to 1926000 on Friday, March 26. Live Warrants totalled 1268250 tonnes, while Cancelled Warrants stood at 657750 tonnes. LME aluminium...
Mr Abhijit Pati, CEO and Director of BALCO explained how India’s iconic Aluminium & Power producer countered the unconventional situation which occurred due to the COVID-19 pandemic and forced to shape the business more sturdily and pursue the momentum of growth. Mr Pati, a person to reckon with the Aluminium industry for the past three decades stated that Aluminium is a metal of strategic importance to India and a vital raw material for key industries like electrical distribution, transportation, aerospace, defence, building & construction etc. He also added that it is an uninterrupted operative function, which denotes that the BALCO’s smelters have to run 365x24x7. Furthermore, as BALCO is one of India’s largest producers of aluminium, it became a self-challenge to assure that...
The large container vessel maritime traffic jam on the Suez Canal in Egypt has intensified the shortage of primary aluminium billet supplies in Europe, which resulted in higher premiums on 26 th March 2021. Suez Canal, an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia and it also is the major route for shipments between Europe and Asia, has been occluded by the large containership Ever Given since 23 rd March 2021, resulting in a maritime traffic jam of more than 100 vessels. An industry professional commented: “I think the situation just sparked another level of worry; all we have been talking about across commodities and markets is the freight situation and how it has mucked things up.”...
Started as a symbolic lights-out event in Sydney in 2007 by WWF and partners, Earth Hour today is one of the world's biggest environmental grassroots movements. Earth Hour, held annually on the last Saturday of March, involves millions of people across the globe turning off their lights to express respect for our world. Every year since 2007, millions of people take part in this global event to raise awareness about climate change. Due to the ongoing Covid-19 pandemic in several parts of the world, most countries & its citizens shall be celebrating Earth Hour online. To better understand how we as individuals can contribute and make a difference to this very important challenge faced by the man-kind, let’s first outline the importance and benefits of “ Earth Hour ” initiative: The...
National Aluminium Company Limited (NALCO) has expanded its aluminium ingot and aluminium products prices for the second week in a row, with effect from Saturday, March 27. A week ago, with effect from March 20, NALCO increased its aluminium prices by INR 1,500 per tonne, but this week the prices have been raised sharply by above INR 5,000 per tonne. With the latest hike, NALCO is selling its aluminium ingot price at INR 188,650-192,150 per tonne compared to INR 183,350-186,850 per tonne on March 20. This reflects a hike of INR 5,300 per tonne or 2.8 per cent. NALCO’s aluminium wire rod price has come in at INR 192,150-196,500 per tonne, also up by INR 5,300 per tonne from INR 186850- 191200 per tonne last week. The company’s aluminium billets price is hovering in the range of INR...
The first month of 2021 (January) saw a month-on-month rise in the United States primary aluminium production, although marginal, found the latest data of the US Geological Survey. From 77,000 tonnes in December 2020, the US domestic primary aluminium output rose 1,000 tonnes to stand at 78,000 tonnes in January 2021, showed the data. On a year-on-year basis, the output reflected a sharp fall of 14,000 tonnes from 92,000 tonnes. The average daily production in January 2021 was 2,500 tonnes, essentially unchanged compared to 2,480 tonnes in the previous month but 16 per cent less than 2,980 tonnes a year ago. Total aluminium recovered from scrap in January was 258,000 tonnes, 8 per cent more than the revised total in December 2020 and 3 per cent less than that in January 2020. Of this,...
China is reportedly mulling to sell nearly 500,000 tonnes of aluminium from state reserves, in an attempt to calm the market and meet the Asian nation’s carbon emissions objectives, according to a person familiar with the plan. Selling off some of the highly carbon-intensive aluminium stocks is expected to help China offset production losses caused by its commitment to limiting energy usage as the country plans to achieve a carbon-neutral economy by 2060. However, going ahead, China’s aluminium selling plans, including the volume to be released, could be subject to change, said the person. According to the person, Beijing is keen to prevent the price hike of aluminium, one of the most widely used metals in goods like window frames, car parts, beverage can packaging, and so forth. A report...
Tirupati Graphite, a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India, has further strengthened its team across three business units to brace its growth. Tirupati has appointed Dr SK Biswal, a scientist and technocrat specialising in the field of graphene and mineral processing technology as head of the Tirupati Graphene and Mintech Research Centre (TGMRC), in India. TGMRC is fully focused on becoming a leading graphene manufacturer, developing its applications and giving Tirupati its technological backbone. To focus on the application of graphene in aluminium smelters and graphene aluminium composites development, Tirupati has also appointed graphene engineering science specialist Dr P Dash, as well as hired Dr SK Sathpathy as advisors....
Africa’s primary aluminium production came in at 121,000 tonnes in February 2021, indicating a drop of 4.72% from 127,000 tonnes in February 2020. On a month-on-month comparison, the output registered a decline of 9.02% from 133,000 tonnes, according to the latest data showed by the International Aluminium Institute (IAI) on Monday, 22 March 2021. In the first two months of 2021, primary aluminium production stood at 254,000 tonnes from 263,000 tonnes in the first two months of 2020. That was down 3.42% year-on-year, IAI data showed. In February 2021, world primary aluminium production plunged by 8.83% month-on-month to stand at 5.203 million tonnes. The total output in the first two months of the year stood at 10.930 million tonnes. On a year-on-year calculation, world primary aluminium...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, reduced by 7,000 tonnes from last week. The stocks came in at 1.24 million tonnes as of Thursday, March 25 2021. The chart below shows the status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi, Nanhai and Hangzhou witnessed a decline. The inventories in Wuxi, Nanhai and Hangzhou declined by 9,000 tonnes, 10,000 tonnes and 2, 000 tonnes to stand at 459,000 tonnes, 322,000 tonnes and 99,000 tonnes on Thursday, March 25. But the stocks in Shanghai and Gongyi marked a hike by 3,000 tonnes and 11,000 tonnes, standing at 98,000 tonnes and 188,000 tonnes. Inventories of aluminium in Tianjin, Chongqing...
SMM aluminium ingot price increased for the second day in a row. The price increased from RMB 17200 per tonne to RMB 17330 per tonne on Friday, 26 March 2021. That was up by RMB 130 per tonne from Thursday’s price. It is expected to move within a range of RMB 17310-17350 per tonne. Aluminium price in Foshan and Wuxi increased by RMB 130 per tonne and RMB 125 per tonne to stand at RMB 17330 per tonne and RMB 17340 per tonne on Friday, 26 March 2021. Aluminium prices in Hangzhou and Chongqing stood at RMB 17365 per tonne and 17285 per tonne, up RMB 120 per tonne and RMB 220 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi hiked to stand at RMB 17340 per tonne, RMB 17320 per tonne, RMB 17340 per tonne, and RMB 17200 per tonne. The aluminium alloy (ADC12) price...
Three-month LME aluminium rose 0.36 per cent to close at US$ 2,256 per tonne on Thursday. It is expected to trade between US$ 2,230-2,260 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 12.50 per tonne on Thursday, March 25, to stand at US$ 2208 per tonne. 3-months bid price and 3-months offer price stood at US$ 2235.50 per tonne, down by US$ 13.50 per tonne from US$ 2249 per tonne on March 24. Dec 22 bid price and Dec 22 offer price hovered around US$ 2251 per tonne on March 25 compared to US$ 2261 per tonne on the previous day. The LME aluminium opening stock declined from 1946550 tonnes to 1934425 tonnes on Thursday, March 25. Live Warrants totalled 1278250 tonnes, while Cancelled Warrants stood at 656175 tonnes. LME aluminium 3-months...
On 25 th March 2021, Century Aluminum of South Carolina (CASC), a wholly-owned subsidiary of Century Aluminum Company announced that it has concluded and received all necessary approvals for, its new, three-year power contract with the South Carolina Public Service Authority, also known as Santee Cooper for the Mt. Holly aluminium smelter. The contract will set in motion on 1 st April 2021 and run through December 2023. As announced in December 2020, the contract delivers a minimum of 290MW of electric power, allowing the smelter to increase its production by 50% (resulting in total production of 75% of Mt. Holly’s full capacity once the restart project is completed). Restart work at the Mt. Holly smelter is already underway and is on schedule to be completed in the fourth quarter of 2021...
Vedanta Limited slashed its aluminium ingot and aluminium products prices by INR 4,000 per tonne with effect from March 24, following a hike of INR 3,500 per tonne on March 23. That brought the company’s aluminium ingot price to INR 183,250-196,250 per tonne from INR 187,250-200,250 per tonne on March 23. Vedanta’s aluminium wire rod price came in at INR 190,750-198,250 per tonne on March 24 versus INR 194,750-202,250 per tonne on March 23. Aluminium billet price ranged between INR 191,250 per tonne. On the very next day, March 25, Vedanta’s aluminium ingot price rebounded slightly by INR 2,250 per tonne to come in at INR 185,500-198,500 per tonne. Vedanta’s aluminium wire rod and aluminium billet prices also saw a hike of INR 2,250 per tonne. While the former increased from INR...
In February 2021, primary aluminium production in East & Central Europe stood at 319,000 tonnes, reflecting a plunge of 34,000 tonnes or 9.63 per cent month-on-month, found the International Aluminium Institute. In January 2021, output was at 353,000 tonnes, up by 1,000 tonnes from 352,000 tonnes a month ago. Total primary aluminium production in East & Central Europe in the first two months of 2021 amounted to 672,000 tonnes, which stood 15,000 tonnes or 2.18 per cent less than 687,000 tonnes during the same period last year. In the entire year of 2020, primary aluminium output in East & Central Europe totalled 4.153 million tonnes, down by only 1 per cent from 4.157 million tonnes in 2019. Primary aluminium production in West Europe in February 2021 stood at 259,000 tonnes, down by...
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a hike of RMB 120 per tonne to stand at RMB 17,200 per tonne on Thursday, March 25, following two consecutive days of decline from RMB 17,540 per tonne to RMB 17,080 per tonne. The average prices are expected to range between RMB 17,180 per tonne and RMB 17,220 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne. A00 aluminium ingot price in Foshan has also grown by RMB 120 per tonne to come in at RMB 17,200 per tonne, while the price in Hangzhou and Wuxi has climbed by RMB 130 per tonne and RMB 125 per tonne to peg at RMB 17,245 per tonne and RMB 17,215 per tonne, respectively. In Linyi and Gongyi, primary aluminium ingot price has increased by RMB 100 per tonne and RMB 60 per...
