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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According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s aluminium ingot production stood 51.2 percent higher year-on-year during the first nine months of the current Iranian calendar year (March 20-December 20, 2020). Aluminium ingot output came in at 308,000 tonnes during the nine-month period as compared to 203,800 tons in the corresponding period of the previous year. Production of the aluminium ingot in Iran is likely to grow by 63 percent by the end of the current Iranian calendar year (March 20, 2021). The country’s major aluminium producers produced 275,716 tonnes of aluminium ingots in the past year ended on March 19, 2020, IMIDRO reported. The output fell by 8 percent in comparison to the same period of the previous year....
Vedanta Limited has raised its aluminium ingot and aluminium products prices with effect from Wednesday, January 13, just a day after reducing the prices by INR 1,500 per tonne. Vedanta is currently selling its aluminium ingot at INR 171,750-184,750 per tonnes, up by INR 1,250 per tonne or 0.73 per cent from INR 170,500-183,500 per tonne on January 12. With the latest hike, Vedanta’s aluminium wire rod price has come in at INR 179,250-186,750 per tonne in comparison with INR 178,000-185,500 per tonne on January 12. This registers an increase of INR 1,250 per tonne. Vedanta’s aluminium billet price is at INR 179,750 per tonne on January 13, standing INR 1,250 per tonne higher than INR 178,500 per tonne. Vedanta Limited links the prices of its aluminium products and aluminium ingot to the...
Dr Mark Cooksey has permanently joined Australian Bauxite Limited’s technology subsidiary ALCORE Limited (Alcore). The news came on Wednesday, January 13, after ABx announced officially. Dr Cooksey first joined Alcore in January 2020 as a General Manager and became CEO in the next seven months on August 24, 2020, on a leave arrangement from Australia’s national science agency, CSIRO. However, his current position in Alcore is permanent, with the key responsibility of leading the development and commercialisation of a new process for aluminium fluoride (AlF3) production. Dr Cooksey has vast experience in research, development, and commercialisation of new processes in the minerals and metals industry. He started his career as a Research Engineer in aluminium smelting with Comalco (now Rio...
SMM aluminium ingot price registers a drop for the third day in a row. The price stands at RMB 14900 per tonne on Wednesday, 13 January 2021, a decrease of RMB 150 per tonne from Tuesday’s price of RMB 15050 per tonne. The price and is expected to move within a range of RMB 14880-14920 per tonne. In Foshan and Wuxi, the price has inched down by RMB 230 per tonne and RMB 160 per tonne to stand at RMB 14820 per tonne and RMB 14840 per tonne. Aluminium prices in Hangzhou and Chongqing have come in at RMB 14855 per tonne and 14830 per tonne, down RMB 155 per tonne and RMB 190 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi have declined to stand at RMB 14860 per tonne, RMB 14870 per tonne, RMB 14930 per tonne, and RMB 14780 per tonne. The aluminium alloy (ADC12)...
Benchmark aluminium price on the London Metal Exchange stood 0.87 per cent higher on Tuesday, January 12. As of Tuesday, January 12, LME aluminium cash (bid) price and LME official settlement price surged by US$ 17.50 per tonne to US$ 2025.50 per tonne, following a plunge in the previous day from US$ 2029.50 per tonne to US$ 2008 per tonne. 3-months bid price and 3-months offer price stood at US$ 2025 per tonne, up by USS$ 15 per tonne. Dec 21 bid price and Dec 21 offer price rebounded to US$ 2099.50 per tonne. The LME aluminium opening stock declined from 1305825 tonnes to 1298075 tonnes. Live Warrants totalled 1185150 tonnes, while Cancelled Warrants 112925 tonnes. LME aluminium 3-months Asian Reference Price hovered at US$ 2010.88 per tonne. SHFE Aluminium Price Trend Benchmark...
Anil Agarwal’s Vedanta Aluminium & Power, India’s largest producer of the aluminium and value-added products, has secured a double win at the recently concluded 59 th Association of Business Communicators in India (ABCI) Awards 2020. Vedanta Aluminium & Power Business bagged the Bronze Award for ‘PR Campaign for Reviving Dhokra Art’ under Social Responsibility Communication category. However, Vedanta’s subsidiary Bharat Aluminium Company Ltd. (BALCO), India’s iconic aluminium producer won the Bronze Award for its daily e-magazine ‘BALCO Today’ under E-Zine category. Mr Ajay Kapur, CEO – Aluminium & Power Business and Managing Director said: “Vedanta strives to enable its communities in the areas where it operates to become empowered and self-reliant participants in the economic progress...
The Board of Director of Aluminum has unanimously elected Mr Guillaume de Goÿs, Chief Operating Officer of Alvance as the new Chairman of Aluminum France. Mr de Goÿs takes the place of Jean-François Faure, General Manager Aluminum Technology at Rio Tinto and held the position of Chairman of Aluminum France for 3 years. The entire Board of Directors thanked Jean-François Faure for his mission within the profession and it is his mandate that made it possible to reposition the aluminium industry within major French industrial professional organizations and to increase its visibility with stakeholders. This positioning allowed the profession to be very responsive in managing the Rusal crisis of 2018 and that of COVID-19 in 2020. Guillaume de Goÿs will be desirous to continue the work...
Vedanta has reduced its aluminium products price after hiking it on January 9. With effect from Tuesday, 12 January 2021, the prices of some aluminium ingots are in the range of INR 170,500-183,500 per tonne, marking a decline of INR 1,500 per tonne from INR 172,000-185,000 per tonne on January 09. The company’s billet price now stands at INR 178,500 per tonne on Tuesday, 12 January 2021, a decrease of INR 1,500 per tonne from INR 180,000 per tonne on January 09. 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...
Benchmark aluminium price on London Metal Exchange declined by 1.06 per cent on Monday, 11 January 2021, standing at US$ 2008 per tonne. The price was US$ 2029.5 per tonne on Friday January 8. As of Monday January 11, LME aluminium cash (bid) price stands at US$ 2008 per tonne, LME official settlement price stands at US$ 2008 per tonne; 3-months bid price stands at US$ 2008 per tonne, 3-months offer price is US$ 2008 per tonne; Dec 21 bid price stands at US$ 2079.50 per tonne, and Dec 21 offer price stands at US$ 2079.50 per tonne. The LME aluminium opening stock stood at 1305825 tonnes. Live Warrants totalled 1185150 tonnes, and Cancelled Warrants were 120675 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2005.21per tonne. SHFE Aluminium Price Trend Benchmark...
A00 aluminium ingot price in China has recorded the highest downfall of January 2021 and the second-highest since the fall of RMB 430 per tonne on December 21, as of Tuesday, January 12. According to Shanghai Metals Market data, the price has plunged by RMB 350 per tonne to stand at RMB 15,050 per tonne. The average prices are expected to range between RMB 15,030 per tonne and RMB 15,070 per tonne, with spot contract to be traded at a premium price of RMB 20 per tonne, down by RMB 40 per tonne from the previous day. Foshan has witnessed the highest fall of RMB 400 per tonne on January 12 to come in at RMB 15,050 per tonne, followed by the decline of RMB 380 per tonne in Chongqing to clock at RMB 15,020 per tonne. In Gongyi, A00 aluminium ingot price has reduced by RMB 360 per tonne to RMB...
In December 2020, molten aluminium accounted for 66.6 per cent of China’s total aluminium production, found the Shanghai Metals Market. That was down by 1.17 percentage points from the previous month, owing to the increased proportion of ingot output at smelters in north China. The decline was most prominent in Henan, Inner Mongolia, and Ningxia. In Henan Province, Henan Zhongfu and Dengdian Group did not produce aluminium ingot due to strict environmental inspections, while in the three other smelters like Henan Wanji, Jiaozuo Wanfang, and Yugang Longquan, the proportion of ingot increased from November. Some smelters in Inner Mongolia also did not shy away from increasing aluminium ingot output due to weaker demand for molten aluminium from nearby regions. In south-west China, on the...
Hong Leong Investment Bank (HLIB) Research expects Press Metal Aluminium Holdings Bhd to report significant growth in profit due to higher aluminium prices and the commissioning of Samalaju Phase 3. HLIB Research has also started coverage of the company at RM8.40 with a buy call and target price (TP) of RM10, reported theedgemarkets.com. HLIB Research analyst Low Jin Wu expects the company’s earnings to stand at RM441.3 million for the financial year ended Dec 31, 2020 (FY20) despite Covid-19 pandemic. “We expect FY21 and FY22 earnings to come in significantly stronger at RM755.7 million and RM999.9 million respectively due to higher aluminium prices and demand from the recovering global economic outlook and lower net carbon initiatives,” he said. Average aluminium prices are likely to...
According to recent data showed by Shanghai Metals Market, primary aluminium production in China increased 8 per cent year-on-year in December. Total output came in at 3.28 million tonnes last month. The daily average output stood at 105,800 tonnes in December, marking a growth of 300 tonnes month-on-month due to higher production in Yunnan Shenhuo and Inner Mongolia Chuangyuan. The operating capacity of primary aluminium was 39.24 million tonnes among 44.2 million tonnes per year of existing aluminium capacity as of early January. The operating rates across Chinese producers came in at 90.8 per cent. In 2020, primary aluminium production in the country climbed 4.8 per cent year on year to 37.12 million tonnes, while consumption increased 5.77 per cent to 38.19 million tonnes. Shanghai...
Prebaked anode price in Southwest China market has edged higher by RMB 65 per tonne after remaining unchanged since December 4. The price stands at RMB 3772.5 per tonne today from previous price of RMB 3707.5 per tonne. It is likely to range at RMB 3625-3920 per tonne. Average prebaked anode prices in Northwest China market has increased by RMB 90 per tonne to stand at RMB 3915 per tonne on Monday, 11 January. Prebaked anode prices in East China and Central China have remained unchanged at RMB RMB3545 per tonne and RMB3645 per tonne respectively. SMM aluminium ingot price has witnessed a drop today after rising it by RMB 170 per tonne on Friday. The ingot price has reduced by RMB 310 per tonne to RMB 15400 per tonne on Monday, 11 January 2021.The average price is expected to range between...
Benchmark aluminium price on the London Metal Exchange rose 1.07 per cent to come in at US$ 2029.50 per tonne on Friday, January 8, 2021. As of Friday, January 8, LME aluminium cash (bid) price and LME official settlement price surged by US$ 21.50 per tonne from US$ 2008 per tonne to US$ 2029.50 per tonne. 3-months bid price and 3-months offer price increased from US$ 2020.50 per tonne to US$ 2032 per tonne. Dec 21 bid price and Dec 21 offer price stood at US$ 2099.50 per tonne, up by US$ 21.50 per tonne. The LME aluminium opening stock decreased from 1313100 tonnes to 1309100 tonnes. Live Warrants totalled 1185150 tonnes, and Cancelled Warrants were 123950 tonnes. LME aluminium 3-months Asian Reference Price hovered at US$ 2023 per tonne. SHFE Aluminium Price Trend Benchmark aluminium...
India’s largest producer of Aluminium and value-added products, Vedanta Aluminium secured the ‘Most Innovative Best Practice’ Award at the Digital Transformation (DX) Summit & Awards 2020. The event organized by CII – Centre for Digital Transformation (CDT), the DX Award delivers a prestigious platform for the industry’s best to showcase superlative efforts and achievements in the realm of digital transformation, offering unparalleled exposure and valuable recognition to the practitioners. Anil Agarwal's Vedanta Aluminium has bagged this prestigious award in the ‘Most Innovative Best Practice’ category, as India’s first – and the world’s third – smelter to deploy the Digital Smelter Technology at its Jharsuguda plant, which is the world’s largest single-location aluminium smelter. The DX...
Hindalco Industries Limited has sharply reduced its aluminium ingot and aluminium products prices with effect from Friday, January 8, after hiking them in the past two consecutive days. With the latest cut, Hindalco’s aluminium ingot price has come in at INR 170,000 per tonne, a decrease of INR 4,500 per tonne or 2.58 per cent from INR 174,500 per tonne on January 7. Hindalco has reduced its aluminium wire rod price by INR 4,500 per tonne as well from INR 185,600 per tonne on January 7 to INR 181,100 per tonne on January 8. The company is selling its aluminium billets price at INR 177,100 per tonne with effect from January 8 in comparison with INR 181,600 per tonne on January 7. Hindalco Industries Limited links the prices of its aluminium ingot and aluminium products to the three-month...
According to the latest report from the US Geological Survey, US domestic primary aluminium production stood at 75,000 tonnes in October 2020. The average daily production was 2,430 tonnes, essentially unchanged from that in September 2020, 17% less than that in October 2019, and 10% less than that in October 2018. Total aluminium recovered from scrap was 277,000 tonnes in October 2020, slightly less than that in September 2020 and 3% less than that in October 2019. Of this, 150,000 tonnes of aluminium was recovered from new scrap and 127,000 tonnes was recovered from old scrap. In October, the average U.S. spot market price of primary aluminium ingot was $0.942 per pound, essentially unchanged from that in September 2020 and slightly less than that in October 2019. Inventories of primary...
