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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Vedanta has cut its aluminium products price after hiking it for the fifth time in a row. With effect from Wednesday, 24 February 2021, the prices of some aluminium ingots are in the range of INR 191,000-178,000 per tonne, representing a decline of INR 1,750 per tonne from INR 192,750-179,750 per tonne on February 19. The company’s billet price now stands at INR 186,000 per tonne on Wednesday, 24 February 2021, a decrease of INR 1,750 per tonne from INR 187,750 per tonne on February 19. 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...
Hindalco Industries Limited has reduced its aluminium products price today. With effect from Wednesday, 24 February 2021, wire rods price stands at INR 189,350 per tonne, a drop of INR 1,750 per tonne from INR 191,100 per tonne on February 19. The company is selling its aluminium billets and aluminium ingot price at INR 185,350 per tonne and INR 178,250 per tonne as of Wednesday, 24 February 2021. That was down 1 per cent each from INR 187,100 per tonne and INR 180,000 per tonne on February 19. 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. Aluminium operations of the company,...
Three-month LME aluminium fell to an intraday low of US$2,126.5 per tonne before regaining some ground to settle 0.97% lower at US$2,154 per tonne on Tuesday, with open interest adding 2,813 lots to 697,000 lots. As of Tuesday, February 23, LME aluminium cash (bid) price stands at US$ 2136.50 per tonne, LME official settlement price stands at US$ 2136.50 per tonne; 3-months bid price stands at US$ 2148.50per tonne, 3-months offer price is US$ 2148.50per tonne; Dec 22 bid price stands at US$ 2202.50per tonne, and Dec 22 offer price stands at US$ 2202.50per tonne. The LME aluminium opening stock stood at 1343075 tonnes. Live Warrants totalled 1125075 tonnes, and Cancelled Warrants were 218000 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2169per tonne. SHFE...
On 22 nd February 2021, mining and metal giant Vedanta announced that G R Arun Kumar has resigned from the company as Chief Financial Officer (CFO). However, the company said in a filing to BSE that it will declare the effective date of relieving of Kumar and details of the successor in due course. "The board has taken note of the resignation of GR Arun Kumar from the post of Whole-Time Director & Chief Financial Officer of the company to pursue a career outside of the Group," Vedanta said. “Kumar has made an invaluable contribution towards the company's growth and its transformation journey during his tenure of close to eight years”, Vedanta added. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading diversified natural resource companies with business...
Africa’s primary aluminium production stood at 133,000 tonnes in January 2021, a decrease of 1.48% from 135,000 tonnes in December 2020 but up 3.2% tonnes from 129,000 tonnes in November. The output marked a decline of 2.21% year-on-year, according to the latest data showed by the International Aluminium Institute (IAI) on Monday, 22 February 2021. Primary aluminium production in Africa stood at 1.605 million tonnes in 2020. That was down 2.31% year-on-year, IAI data showed. Aluminium production was 1.643 million tonnes in 2019. World primary aluminium production rose 0.23 per cent month-on-month to 5.707 million tonnes in January 2021. On a year-on-year calculation, the output stood higher by 4.29 per cent from 5.472 million tonnes. The output in 2020 stood at 65.296 million tonnes, up...
In East & Central Europe, primary aluminium production stood at 353,000 tonnes in January 2021, registering a slight rise of 1,000 tonnes or 0.28 per cent month-on-month. Primary aluminium output in December grew 12,000 tonnes or 3.53 per cent from 340,000 tonnes in November 2020. In the last quarter (Q4) of 2020, primary aluminium production in East & Central Europe amounted to 1.043 million tonnes, bringing the total output in 2020 to 4.153 million tonnes. On a year-on-year basis, primary aluminium output in East & Central Europe stood down by 3,000 tonnes or 0.84 per cent from 356,000 tonnes. In West Europe, primary aluminium production in January 2021 saw an increase of 3,000 tonnes or 1.06 per cent month-on-month. From 282,000 tonnes in December 2020, the output in West Europe grew...
The Dutch Aluminium Association (DAA) has joined ASI as a new Associations member. This brings the total number of ASI Members to 159. “We have joined ASI to build a strong and international network and to join forces to promote the aluminium industry, application possibilities, as well as the distinctive properties of the material,” said Bert Faessen and Claudia Willems Setormanagers DAA. The Dutch Aluminium Association (DAA) represents the collective interests of companies who produce, trade and process aluminium and their specific suppliers. DAA also has several objectives that contribute to a stronger position within the metalworking sector. DAA missions are to look after the interests of the aluminium industry in collaboration with its members. The DAA stimulates the use and...
On Monday, February 22, social inventories of primary aluminium expanded by 121,000 tonnes across eight major consumption areas in China, including SHFE warrants, found the Shanghai Metals Market. SMM data showed inventories stood at 1.022 million tonnes on February 22 compared to 901,000 tonnes on February 18. Higher arrivals of stocks to Wuxi, Nanhai, and Gongyi primarily contributed to the increase in primary aluminium inventories on February 22. The chart below indicates the current status of primary aluminium inventories across China in more details: Wuxi saw the highest growth in inventories of 70,000 tonnes to stand at 378,000 tonnes on February 22, followed by the hike of 27,000 tonnes in Nanhai to 233,000 tonnes. In Gongyi, primary aluminium inventories rose 19,000 tonnes to...
SMM aluminium ingot price has edged higher by RMB 50 per tonne to stand at RMB 16780 per tonne on Tuesday, 23 February 2021, from its previous price of RMB 16730 per tonne on February 22. The price is expected to range at RMB 16760-16800 per tonne. In Foshan and Wuxi, the price has increased by RMB 50 per tonne and RMB 40 per tonne to stand at RMB 16780 per tonne and RMB 16800 per tonne. Their average prices are expected to range within RMB 16760-16800 per tonne and RMB 16790-16810 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 16820 per tonne and RMB 16770 per tonne, up RMB 45 per tonne and RMB 60 per tonne. Aluminium ingot prices in Shenyang, Tianjin, and Linyi have hiked to stand at RMB 16785 per tonne, RMB 16750 per tonne, and RMB 16730 per tonne. Aluminium Alloy...
Three-month LME aluminium gained 1.83 per cent to settle at US$ 2,175 per tonne on Monday, with open interest adding 4,910 lots to 694,000 lots. LME aluminium cash (bid) price and LME official settlement price grew by US$ 18.50 per tonne on Monday, February 22 to reach at US$ 2153.50 per tonne, following a decline from US$ 2147 per tonne to US$ 2135 per tonne on Friday, February 19. 3-months bid price and 3-months offer price rebounded to US$ 2161.50 per tonne from US$ 2150.50 per tonne on Friday. Dec 22 bid price and Dec 22 offer price hovered around US$ 2211 per tonne, up by US$ 11.50 per tonne from the previous day. The LME aluminium opening stock decreased from 1354150 tonnes to 1349150 tonnes on February 22. Live Warrants totalled 1128100 tonnes, while Cancelled Warrants stood at...
World primary aluminium production began the year 2021 with a slight rise of 0.23 per cent month-on-month to 5.707 million tonnes in January. On a year-on-year calculation, the output stood higher by 4.29 per cent from 5.472 million tonnes. In December 2020, world primary aluminium production stood at 5.694 million tonnes, up by 3.41 per cent from 5.506 million tonnes in November. China, the highest primary aluminium producer in the world, churned out the same amount of primary aluminium in January 2021 as in the previous month at 3.3 million tonnes. On a year-on-year basis, the production in January this year stood 6.9 per cent higher than 3.087 million tonnes. Followed by China, the GCC countries were the second highest producer of primary aluminium in January 2021. They produced...
Rio Tinto’s Tiwai aluminium smelter has stockpiled greater than 100,000 tonnes of cyanide-laced hazardous waste lower than 100 metres from a fast-eroding Bluff beach. The federal government stated earlier this month it remained “utterly blind” about what contamination the closure of the smelter at Tiwai Level may go away behind. Spent cell liner waste incorporates hazardous chemical compounds together with fluoride and cyanide, and produces explosive gases when blended with water. It’s generally referred to as SCL, Spent Pot Lining or SPL. A consultant for the NAZAS stated in 2010 it had stockpiled 186,000 tonnes of waste. The smelter has not disclosed how a lot it has now, however since then it’s estimated it might have produced about one other 80,000 tonnes, or 1 / 4 of 1,000,000 tonnes...
Benchmark aluminium price on London Metal Exchange decreased by 0.56% to US$ 2135 per tonne on Friday, February 19, from US$ 2147 per tonne on Thursday. As of Friday, February 19, LME aluminium cash (bid) price stands at US$ 2135per tonne, LME official settlement price stands at US$ 2135 per tonne; 3-months bid price stands at US$ 2150.50 per tonne, 3-months offer price is US$ 2150.50per tonne; Dec 22 bid price stands at US$ 2199.50 per tonne, and Dec 22 offer price stands at US$ 2199.50per tonne. The LME aluminium opening stock stood at 1354150 tonnes. Live Warrants totalled 1127875 tonnes, and Cancelled Warrants were 226275 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2144.01per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to...
According to the Shanghai Metals Market, A00 aluminium ingot price has continued to surge by RMB 300 per tonne on Monday, February 21, to stand at RMB 16,730 per tonne, the highest since the beginning of 2021. The average price are expected to range between RMB 16,710 per tonne and RMB 16,750 per tonne, with spot contract to be traded at a premium price of RMB 0-40 per tonne, up by RMB 20 per tonne from the previous day. In Linyi, A00 aluminium ingot price has increased the highest by RMB 340 per tonne to come in at RMB 16,690 per tonne, followed by the hike of RMB 335 per tonne and RMB 330 per tonne in Hangzhou and Shenyang to stand at RMB 16,775 per tonne and RMB 16,715 per tonne, respectively. In Foshan and Wuxi, primary aluminium ingot price has grown by RMB 320 per tonne to RMB...
The global leader of low carbon aluminium producer, Rusal has agreed to a loan amount of $200 million with the interest subject to a discount or a premium depending on the firm's achievement of key sustainability performance measures. En+ Group, which holds a controlling stake in Rusal and produces aluminium using its independent hydropower plants, said: “The key performance indicators were still to be agreed, but confirmed proceeds from the sustainability-linked credit facility would be used to refinance more expensive debt.” “The loan is secured by the assignment of proceeds from off-take contracts, including those for low carbon aluminium produced under Rusal's brand Allow”, the Group added. However, the Russian low carbon aluminium producer claims the smelters which manufacturers...
The two largest and popular trade unions of Spain, the Podemos-affiliated Workers’ Commissions (CCOO) and Socialist Party (PSOE)-affiliated General Union of Workers (UGT) have withdrawn the four-month strike at Alcoa’s San Cibrao aluminium plant in Spain’s North-eastern region of Galicia. The unions moved to call-off as it coincided with an international upsurge of struggles against wage cuts, job losses and the ruling class’ “herd immunity” policy. The unions called the strike as it opposed the decision of Alcoa, the world’s third-largest aluminium producer, headquartered in Pittsburgh, USA, to shut down it’s this smelting plant in Spain and lay-off all 530 workers, while another 1,500 indirect jobs were affected. Alcoa has pulled down or sold 18 aluminium factories worldwide since 2008,...
Benchmark aluminium price on the London Metal Exchange increased by 2.69 per cent throughout the week during February 15-19, 2021. Both LME aluminium cash (bid) price and LME official settlement price recorded a surge during February 15-19 from US$ 2079 per tonne to US$ 2135 per tonne – an increase of US$ 56 per tonne. However, on Tuesday, February 16, the prices dipped by US$ 2 per tonne from US$ 2079 per tonne on Monday to US$ 2077 per tonne. On Wednesday, they hiked to US$ 2096.50 per tonne, which further expanded by US$ 50.50 per tonne to reach at US$ 2147 per tonne on Thursday, February 18. On Friday, February 19, LME prices shredded US$ 12 per tonne to close the week at US$ 2135 per tonne. 3-months bid price and 3-months offer price ranged between US$2082.50 per tonne and US$...
South32 published results for the half year ended 31 December 2020 (H1 FY21). The Group reported statutory profit after tax of US$53M in H1 FY21, a drop of US$46M from last year. Underlying EBITDA stood at US$633M, down 7 per cent from US$678M in H1 FY20. “As we continue to navigate the uncertainties created by the COVID-19 pandemic, our focus remains on keeping our people safe and well, maintaining safe and reliable operations and supporting our communities,” said Graham Kerr, South32 CEO. “During this period of volatility, we have focused on what we can control, delivering a strong operating result, including record production at Worsley Alumina, Brazil Alumina and Australia Manganese, supporting lower Operating unit costs at the majority of our operations during the half.” Group...
