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 much as you are looking forward to participate in AlCircle’s forthcoming virtual event - “ AlCircle Expo 2021 ,” we are yearning to welcome you to this Bigger, Better, and Grander programme. On this note, we are elated to announce that Registration is Live Now! Visit alcircleevents.com and get your registration done for absolutely FREE. While we are still positioning ourselves to the new normal life, what remains unchanged in 2021 expo is the virtual meet of the aluminium industry leaders and partners from the entire value chain under one roof. But what new you can expect is more advanced technical support and more enticing digital tools besides video calls, exchange of digital business cards, brochures, product demos, etc., which will enable you to build a stronger network. Scheduled...
The global aluminium industry must reduce greenhouse gas emissions by 77 per cent before 2050, largely by shifting to green electricity, in an attempt to meet climate change goals, said the International Aluminium Institute on Tuesday, March 16. “The challenge for us and for many sectors is reducing those emissions while growing production to meet demand,” said Chris Bayliss, IAI deputy secretary general. Chris Bayliss explained that demand for aluminium would likely expand by 80 per cent to around 180 million tonnes of semi-fabricated products by 2050, driven by the need to cut emissions in industrial sectors such as electric vehicles. But meanwhile, aluminium sector must find ways to reduce CO2 emissions from the current levels of 1.1 billion tonnes to 250 million tonnes, said Bayliss....
On 16 th March 2021, Emirates Global Aluminium, UAE’s one of the largest industrial company and the world’s largest ‘premium aluminium’ producer, reported adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (adjusted EBITDA) of $1.13 billion for 2020, a 63% increase over 2019. EGA’s smelting EBITDA margin for 2020 ranked as the best worldwide with 23% (2019: 14%) In 2020, EGA curved its aluminium product mix, in response to fluctuating market demand caused by the impact of the COVID-19 pandemic on global manufacturing. However, for the year as a whole EGA maintained its position as the world’s largest ‘premium aluminium’ producer by volume, with sales of value-added products of 1.8 million tonnes or 72% of total sales. EGA sold value-added products in 2020 to more than...
Albras – Alumínio Brasileiro S/A has been certified against ASI Performance Standard and ASI Chain of Custody (CoC) Standard certification for its smelting and casting activities at the Barcarena, Brazil facility. The plant manufactures primary aluminium, as well as aluminium foundry alloy ingots, which are primarily destined for the automotive sector. The ASI Certification program is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The program was developed through an extensive multi-stakeholder consultation process. The independent, third-party audits of the ALBRAS facility were carried out by DNV GL. Fiona Solomon, Chief Executive Officer at ASI said, “We sincerely congratulate Albras and its shareholders, Hydro and NAAC, on achieving...
SMM aluminium ingot price hiked by RMB 140 per tonne on Tuesday, 16 March 2021. The aluminium price now stood at RMB 17760 per tonne from Monday’s price of RMB 17620 per tonne. The price is expected to move within a range of RMB 17740-17780 per tonne. In Foshan and Wuxi, the price rose by RMB 140 per tonne and RMB 70 per tonne to stand at RMB 17760 per tonne and 17700 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 17735 per tonne and 17690 per tonne, up RMB 110 per tonne and RMB 95 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 17735 per tonne, RMB 17690 per tonne, RMB 17660 per tonne, and RMB 17560 per tonne. The aluminium alloy (ADC12) price was up by RMB 100 per tonne to RMB 18100 per tonne on Tuesday, 16 March...
According to the data released by the National Bureau of Statistics, China’s aluminium production gained 8.4 per cent year-on-year in the first two months of 2021, attributing to new capacities and soaring prices. In January and February combined, primary aluminium output in China was 6.45 million tonnes, suggesting a record average daily output at 109,300 tonnes versus 105,400 tonnes in December and beating the previous record of about 106,000 tonnes in November. CRU analyst Wan Ling commented that the rise in China’s primary aluminium production in January and February was mainly due to last year’s capacity increase in the southwestern Yunnan province and Inner Mongolia. In January and February, China added 220,000 tonnes of annual primary aluminium production capacity, all of it in the...
Three-month LME aluminium rose 2.23% to close at US$ 2,220 per tonne on Monday. According to the SMM import profit and loss calculation model, the import profit stood at about RMB 460 per tonne at present, and the import window opened. The inflow of overseas primary aluminium will be monitored. It is expected to trade between US$ 2,180-2,280 per tonne today. LME aluminium cash (bid) price and LME official settlement price climbed by US$ 45.50 per tonne or 2.13 per cent on Monday, March 15, to stand at US$ 2184.50 per tonne, following an intermittent decline on Friday from US$ 2159 per tonne to US$ 2139 per tonne. 3-months bid price and 3-months offer price stood at US$ 2210.50 per tonne, up by US$ 44.50 per tonne from US$ 2166 per tonne on March 12. Dec 22 bid price and Dec 22 offer price...
On 15 th March 2021, Emirates Global Aluminium (EGA), one of the global leading producers of aluminium was awarded by Dubai Chamber CSR Label for outstanding effort in corporate social responsibility. The Dubai Chamber CSR Label from the Dubai Chamber of Commerce & Industry intents to recognise companies that deliver corporate social responsibility projects to international standards with local relevance. Companies are assessed in how their corporate social responsibility impacts the workplace, the marketplace, the community and the environment. EGA was honoured in a virtual ceremony by His Excellency Hisham Al Shirawi, Vice-Chairman of Dubai Chamber of Commerce and Industry. Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said: “At EGA, we respect our neighbours and we are...
Hydro’s reported Underlying EBIT in FY2020 stood at NOK 6,051 million compared to NOK 3,359 million in FY2019 and NOK 9,069 million in FY2018. This reflects year-on-year growth of 80.14 per cent but a decrease of 33.28 per cent than in 2018. Underlying EBIT from bauxite and alumina stood 85.42 per cent higher in 2020 at NOK 1,806 million in comparison with NOK 974 million in 2019 but fell by 20.86 per cent from NOK 2,282 million in 2018. From primary aluminium, Hydro generated an Underlying EBIT of NOK 1,225 million in 2020, flat compared to NOK 1,259 million in 2019 but down by 30.48 per cent from NOK 1,762 million in 2018. EBIT from extrusions stood at NOK 2,196 million in 2020, up by 9.31 per cent from NOK 2,009 million in 2019 but down by 15.94 per cent from NOK 2,390 million in 2018....
Three-month LME aluminium fell 0.64% to close at US$2,171 per tonne on Friday, with open interest rising to 726,000 lots. SMM expects the contract to fluctuate between US$2,100-2,160 per tonne today. As of Friday, March 12, LME aluminium cash (bid) price stands at US$ 2139 per tonne, LME official settlement price stands at US$ 2139 per tonne; 3-months bid price stands at US$ 2166 per tonne, 3-months offer price is US$ 2166 per tonne; Dec 22 bid price stands at US$ 2203 per tonne, and Dec 22 offer price stands at US$ 2203 per tonne. The LME aluminium opening stock stood at 1923025 tonnes. Live Warrants totalled 1713600 tonnes, and Cancelled Warrants were 209425 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2164.50 per tonne. SHFE Aluminium Price Trend Benchmark...
According to the Shanghai Metals Market, A00 aluminium ingot price has opened the week on Monday, March 15, with the third consecutive day of growth by RMB 250 per tonne to RMB 17,620 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 17,600 per tonne and RMB 17,640 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne, up by RMB 30 per tonne from the previous day. In Wuxi, A00 aluminium ingot price has surged the highest by RMB 295 per tonne to RMB 17,630 per tonne, followed by the rise of RMB 250 per tonne in Foshan, Hangzhou, and Shenyang to stand at RMB 17,620 per tonne, RMB 17,630 per tonne, and RMB 17,585 per tonne, respectively. In Gongyi and Linyi, primary aluminium ingot price has increased by RMB 210...
Vedanta has cut its aluminium products price for the second day in a row. With effect from Saturday, 13 March 2021, the prices of some aluminium ingots are in the range of INR 179,000-192,000 per tonne, marking a decrease of 1.1% or INR 2,000 per tonne from INR 181,000-194,000 per tonne on March 9. The company’s billet price now stands at INR 187,000 per tonne on Saturday, 13 March 2021. This is down by INR 2,000 per tonne from INR 189,000 per tonne on March 9. 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...
British metal tycoon Sanjeev Gupta’s GFG Alliance has initiated negotiations with Grant Thornton, the administrators of collapsed Greensill Capital, over a “standstill agreement” between the two parties. It has come followed by the court filings submitted a few days back which unfolds that Greensill’s biggest client, GFG Alliance defaulted on repayments to the boutique financial firm. As per the industry sources, Gupta’s GFG Alliance could owe up to £3 billion to the lender. The source also came up with a report that Sanjeev Gupta delivered an internal communication to staffs that there were “constructive discussions” between the two sides. “A formal deal would put on hold arrangements between the two parties and allow both sides more time to assess and negotiate next steps,” the message...
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, held its first Annual General Meeting (AGM) through virtual platforms. The AGM approved the non-distribution of cash dividends to the shareholders and transfer BD9,755 Thousand - the Net Profit for the year-ended 31 December 2020, to the Retained Earnings. The minutes of the previous Annual General Meeting were also discussed and approved. The Report of the Board of Directors for 2020 was approved while the External Auditors’ Report for the Financial Statements for 2020 was reviewed. “Approvals were also given to the recommendation of the Board of Directors’ total remuneration of BD210,000 for the year-ended 31 December 2020 and subject to the approval of the Ministry of Industry, Commerce and Tourism,” Alba said....
SMM aluminium ingot price registers a hike for the second day in a row. The price stands at RMB 17370 per tonne on Friday, March 12 2021. This is a growth of RMB 10 per tonne from Thursday’s price of RMB 17360 per tonne. The price is expected to move within a range of RMB 17350-17390 per tonne. In Foshan, the price has increased by RMB 20 per tonne to stand at RMB 17370 per tonne on Friday, March 12 2021. In Wuxi and Hangzhou, the price has inched down by RMB 35 per tonne and RMB 25 per tonne to stand at RMB 17335 per tonne and RMB 17375 per tonne. Aluminium ingot prices in Chongqing, Shenyang and Tianjin have declined to stand at RMB 17325 per tonne, RMB 17335 per tonne, and RMB 17350 per tonne. The price in Tianjin and Gongyi remained unchanged at RMB 17370 per tonne and RMB 17260 per...
Three-month LME aluminium rose 0.92% to close at US$2,185 per tonne on Thursday, with open interest rising to 716,000 lots. SMM expects the contract to trade between US$2,100-2,200 per tonne today. As of Thursday, March 11, LME aluminium cash (bid) price stands at US$ 2159per tonne, LME official settlement price stands at US$ 2159 per tonne; 3-months bid price stands at US$ 2181.50 per tonne, 3-months offer price is US$ 2181.50 per tonne; Dec 22 bid price stands at US$ 2227 per tonne, and Dec 22 offer price stands at US$ 2227per tonne. The LME aluminium opening stock stood at 1608675 tonnes. Live Warrants totalled 1409000 tonnes, and Cancelled Warrants were 199675 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2190.92per tonne. SHFE Aluminium Price Trend Benchmark...
AlCircleBiz, the world's first global marketplace which connects millions of buyers and sellers across the entire aluminium value chain, went live on 14 th November’20, proudly announces the platform has crossed 100+ global seller as on date. AlCircleBiz brings on board 40+ years of industry experience in the Aluminium domain, with a network of offices, representatives & associates in all 5 continents, covering over 17 verticals and having 1000+ partners around the globe. The prime feature of AlCircleBiz is to connect buyers and sellers through enquires against listed products and business leads. The online marketplace is sailed by the mission to turn out enterprising supply chains through increased transparency and reduced dependencies on intermediaries across the aluminium value chain....
According to the Shanghai Metals Market, China’s primary aluminium ingot inventories have increased by 55,000 this week across eight major consumption areas, including SHFE warrants. Data shows the stocks have come in at 1.23 million tonnes on March 11 compared to 1.17 million tonnes on March 4. SMM data found that primary aluminium ingot inventories this week have recorded a slower growth by 36,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: In Nanhai, primary aluminium inventories have surged by 30,000 tonnes on March 11 to stand at 314,000 tonnes, followed by the hike in Wuxi by 15,000 tonnes to come in at 463,000 tonnes. In Chongqing and Shanghai, primary aluminium stocks have gained 4,000 tonnes and 3,000 tonnes...
