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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Benchmark aluminium price on London Metal Exchange declined by 1.05 per cent on Monday, 18 January 2021, to stand at US$ 1979.50 per tonne, from US$ 2000.5 per tonne on Friday January 15. As of Monday January 18, LME aluminium cash (bid) price stands at US$ 1979.50 per tonne, LME official settlement price stands at US$ 1979.50 per tonne; 3-months bid price stands at US$ 1984 per tonne, 3-months offer price is US$ 1984per tonne; Dec 21 bid price stands at US$ 2063.50 per tonne, and Dec 21 offer price stands at US$ 2063.50 per tonne. The LME aluminium opening stock stood at 1397075 tonnes. Live Warrants totalled 1299700 tonnes, and Cancelled Warrants were 97375 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1993.03per tonne. SHFE Aluminium Price Trend Benchmark...
According to the latest data revealed by the National Bureau of Statistics (NBS), China’s aluminium production in 2020 increased by 4.9 per cent year-on-year to stand at 37.08 million tonnes, attributing to capacity ramp-up by smelters to cash in on soaring prices. Output in December stood all-time high at 3.27 million tonnes even the price rally cooled. That was up by 2.8 per cent month-on-month from 3.182 million tonnes, surpassing the previously monthly record of 3.2 million tonnes in October 2020. According to NBS data, China’s full-year aluminium output in 2020 beat the last annual peak of 35.802 million tonnes in 2018. Production dropped in 2019 for the first time in a decade. Shanghai aluminium prices fell 4.2 per cent in December after hiking by 22.5 per cent over 2020 during the...
A00 aluminium ingot price in China has again come below RMB 15,000 per tonne after hiking in the past two consecutive days to stand at RMB 15,060 per tonne on Monday, January 18, found the Shanghai Metals Market. According to SMM data, the price is hovering around RMB 14,830 per tonne on Tuesday, January 19, a decrease of RMB 230 per tonne from the previous day. The average prices are expected to range between RMB 14,810 per tonne and RMB 14,850 per tonne, with spot contract to be traded at a premium price of RMB 60-100 per tonne. In Chongqing, primary aluminium ingot price has declined the highest by RMB 250 per tonne to stand at RMB 14,820 per tonne, followed by the fall of RMB 240 per tonne in Gongyi and Linyi to come in at RMB 14,730 per tonne and RMB 14,920 per tonne, respectively....
On 18 th January 2021, Emirates Global Aluminium (EGA) and Dubai Electricity and Water Authority (DEWA) announced a new global milestone placing the United Arab Emirates as the first country in the world to produce aluminium using the solar energy. The milestone supports the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai the most sustainable city in the world and to take the lead in the development and application of scientific and technological advances in the energy sector. DEWA will supply EGA’s aluminium smelter with 560,000 megawatt-hours of solar power yearly from the Mohammed bin Rashid Al Maktoum Solar Park, sufficient to make 40,000 tonnes of aluminium in the first year with the potential for...
EN+ GROUP has publicized its ambition to become net-zero by 2050 and to reduce Greenhouse Gas ("GHG") emissions by at least 35% by 2030. These stretching targets cover complete emissions across all operations, which incorporate aluminium production plus heat and electricity production. In 2019, the Group's metal business, UC Rusal, produced 6% of the world's aluminium and its power segment, EuroSibEnergo, generated over 64 TWh of clean hydropower. The Group believes that the targets announced on 18 th January 2021 represent the most ambitious carbon reduction targets yet seen in the global aluminium industry, setting a new standard in one of the most energy-intensive industries in the global economy. The Board has approved targets of at least a 35% reduction in GHG emissions by 2030 and...
SMM aluminium ingot price opened the week higher. The price stands at RMB 15060 per tonne on Monday, 18 January 2021, a growth of RMB 120 per tonne from Friday’s price of RMB 14940 per tonne. The price is expected to move within a range of RMB 15040-15080 per tonne. In Foshan and Wuxi, the price has climbed by RMB 130 per tonne and RMB 95 per tonne to stand at RMB 15080 per tonne and RMB 15065 per tonne. Aluminium prices in Hangzhou and Chongqing have come in at RMB 15070 per tonne each, up RMB 95 per tonne and RMB 120 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi have increased to stand at RMB 15100 per tonne, RMB 15080 per tonne, RMB 15160 per tonne, and RMB 14970 per tonne. The price of Aluminium Alloy (A356) has hiked by RMB 100 per tonne to stand at...
Three-month LME aluminium closed 1.29% lower at US$1,982 per tonne on Friday, with open interest increasing 2,467 lots to 750,000 lots. SMM expects the contract to fluctuate between US$1,950-2,010 per tonne today. As of Friday January 15, LME aluminium cash (bid) price stands at US$ 2000.50per tonne, LME official settlement price stands at US$ 2000.50 per tonne; 3-months bid price stands at US$ 1998.50 per tonne, 3-months offer price is US$ 1998.50 per tonne; Dec 21 bid price stands at US$ 2070per tonne, and Dec 21 offer price stands at US$ 2070 per tonne. The LME aluminium opening stock stood at 1288675 tonnes. Live Warrants totalled 1188000 tonnes, and Cancelled Warrants were 100675 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2008.75per tonne. SHFE Aluminium...
SMM aluminium ingot price trended lower, except Friday. The price declined by RMB 310 per tonne and RMB 350 per tonne to stand at RMB 15400 per tonne and RMB 15050 per tonne on Monday,11 January and Tuesday,12 January. The price further dropped to RMB 14720 per tonne on Thursday, down from RMB 14900 per tonne on Wednesday. Aluminium ingot price ended the week higher at RMB 14940 per tonne on Friday, 15 January 2021. According to Shanghai Metals Market, the social inventories of primary aluminium continued to grow, although slower than the previous week. Data shows the inventories gained 20,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, week-on-week at 684,000 tonnes on Thursday, January 14. The alumina price in China remained flat this week. The average...
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and products prices with effect from Saturday, January 16, following a significant hike ten days ago on January 6. According to the company’s price update, aluminium ingot price has come in at INR 169,550-173,050 per tonne, down by INR 2000 per tonne from INR 171,550-175,050 per tonne on January 6. Last time, Nalco’s aluminium ingot price was increased by INR 4,100 per tonne from INR 167,450-170,950 per tonne on January 1. With the latest price slash, NALCO’s aluminium wire rod price is ranging between INR 173,050- 177,400 per tonne and aluminium billets price between 173000- 175650 per tonne, recording a decrease of INR 2,000 per tonne as well. NALCO, like any other Indian aluminium producers, links its aluminium...
Benchmark aluminium price on the London Metal Exchange decreased this week by 0.37 per cent to settle at US$ 2000.50 per tonne amid the incessant decline in LME aluminium opening stock from 1305825 tonnes to 1288675 tonnes. LME aluminium cash (bid) price and LME official settlement price closed lower this week at US$ 2000.50 per tonne on Friday, January 15. The prices started at US$ 2008 per tonne on Monday, January 11, and gained US$ 2025.50 per tonne on Tuesday, January 12. On Wednesday, the price declined again to US$ 2009.50 per tonne, followed after a marginal growth of US$ 1 per tonne to US$ 2010.50 per tonne on Thursday, January 14. They shrunk further on the next day by US$ 10 per tonne. 3-months bid price and 3-months offer price also started the week on January 11 at US$ 2008...
Vedanta Limited again decreased its aluminium ingot and aluminium product prices on January 14 after increasing them on the previous day. With effect from Thursday, January 14, Vedanta slashed its aluminium ingot price by INR 1,750 per tonne or 1.02 per cent from INR 171,750-184,750 per tonne to INR 170,000-183,000 per tonne. With the latest price cut, Vedanta’s aluminium wire rod price has come in at INR 177,500-185,000 per tonne compared to INR 179,250-186,750 per tonne on January 13. This records a decrease of INR 1,750 per tonne as well. Vedanta’s aluminium billet price is standing at INR 178,000 per tonne with effect from January 14 as against INR 179,750 per tonne on January 13. Vedanta Limited links the prices of its aluminium products and aluminium ingot to the three-month futures...
The LME complex closed mixed on Thursday. Benchmark aluminium price on the London Metal Exchange grew slightly by 0.50 per cent to close at US$ 2010.50 per tonne on January 14. LME aluminium cash (bid) price and LME official settlement price inched up marginally by US$ 1 per tonne from US$ 2009.50 per tonne to US$ 2010.50 per tonne on Thursday, January 14. 3-months bid price and 3-months offer price stood at US$ 2009 per tonne, up by only USS$ 0.50 per tonne from US$ 2008.50 per tonne. Dec 21 bid price and Dec 21 offer price climbed US$ 3.5 per tonne to stand at US$ 2079.50 per tonne. The LME aluminium opening stock decreased from 1293300 tonnes to 1285125 tonnes. Live Warrants totalled 1179500 tonnes, while Cancelled Warrants 105625 tonnes. LME aluminium 3-months Asian Reference Price...
According to the latest data shared by Shanghai Metals Market, the social inventories of primary aluminium have continued to grow, although slower than the previous week. Data shows the inventories have gained 20,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, week-on-week ending on Thursday, January 14, compared to the surge of 51,000 tonnes in the previous week. Hence, the inventories today are standing at 684,000 tonnes against 664,000 tonnes on January 7, 2021. The chart below indicates the current status of primary aluminium inventories across China in more details: Primary aluminium inventories have gained the highest in Gongyi by 15,000 tonnes to stand at 66,000 tonnes, followed by an increase of 9,000 tonnes in Nanhai to 162,000 tonnes, according...
Aluminerie Alouette, one of the most efficient primary aluminium producers of the world, has stated in 2020 review statement that: "Aluminerie Alouette in 2020 broke its record of all time with an annual production of 620,706 tons of aluminium. It was a special year in many ways for the largest aluminium smelter in the Americas. Employees and partners have worked hard to exceed the 2016 performance in aluminium production.” The previous record, set in 2016, was 608,964 tonnes. The increase in production with the same facilities is linked to the good results of a large-scale project that began in 2019, namely the construction of a forced-air network to cool the AP40 technology tanks. This $ 100M modernization project, completed in November 2020, maximizes energy use. This was the Alouette...
A00 aluminium ingot price has continued to fall for the fourth consecutive day by RMB 180 per tonne to stand at RMB 14,720 per tonne on Thursday, January 14, found the Shanghai Metals Market. The average prices are expected to range between RMB 14,700 per tonne and RMB 14,740 per tonne, with spot contract to be traded at a premium price of RMB 20-60 per tonne, up by RMB 40 per tonne on the previous day. In Gongyi, the primary aluminium ingot price has decreased by RMB 180 per tonne as well to come in at RMB 14,600 per tonne; while in Chongqing, the price has plunged by RMB 105 per tonne to RMB 14,725 per tonne. In Foshan and Tianjin, A00 aluminium ingot price has declined by RMB 100 per tonne to come in at RMB 14,720 per tonne and 14,770 per tonne, respectively. The price in Linyi and...
The LME complex ended mostly lower on Wednesday, January 13, with aluminium lost 0.62 per cent. Benchmark aluminium price on the London Metal Exchange edged 0.79 per cent lower on Wednesday. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 16 per tonne from US$ 2025.50 per tonne to US$ 2009.50 per tonne on Wednesday, January 13. 3-months bid price and 3-months offer price stood at US$ 2008.50 per tonne, down by USS$ 16.50 per tonne from US$ 2025 per tonne. Dec 21 bid price and Dec 21 offer price declined to US$ 2076 per tonne from US$ 2099.50 per tonne. The LME aluminium opening stock decreased relatively slower from 1298075 tonnes to 1293300 tonnes. Live Warrants totalled 1189525 tonnes, while Cancelled Warrants 103775 tonnes. LME aluminium 3-months Asian...
On Wednesday, January 13, Rio Tinto announced that it entered a new agreement with Meridian Energy for electricity supply that would allow New Zealand’s Aluminium Smelter (NZAS) to continue operating at the Tiwai Point aluminium smelter. The agreement is valid till December 31, 2024, meaning a longer certainty to Tiwai employees, local community, and customers and more time for stakeholders to plan the future. The new agreement with Meridian Energy in relation to power prices is signed just when the New Zealand government was progressing to address the smelter’s high transmission costs. This agreement is expected to make the smelter economically viable and competitive over the next four years. Also, it would provide time for detailed closure studies, allowing stakeholders to undergo...
Aluminium Bahrain Alba has announced its new Vision, Mission and Values at the inaugural session of Majlis 2021. The company’s new vision is – To be the number one aluminium supplier for the generations to come. Alba’s new Mission is - Being a responsible corporate citizen, create value for all its stakeholders and society; and Values - Safe & Green, Together, Ethics, Excellence and Resilience will set Alba in motion where Safety, People Development, Governance and Sustainability will be its linchpins. Chief Executive Officer Ali Al Baqali has announced the company’s Objectives for 2021 - Safety Excellence, Al Hassalah (new savings’ program), Forward Focus and Emerge Stronger. Al Baqali said: “We can’t change 2020 but we can learn from it to emerge stronger and get better as a Company and...
