Primary aluminium imports: According to data from the General Administration of Customs, domestic primary aluminium imports stood at approximately 186,000 tonnes in August 2026, up 0.2 per cent month-on-month and down 14.6 per cent year-on-year. Cumulative domestic primary aluminium imports from January to August 2026 reached roughly 1.657 million tonnes, a year-on-year decline of 3.4 per cent. Primary aluminium exports: Customs data showed domestic primary aluminium exports were around 22,000 tonnes in August 2026, dropping 30.7 per cent month-on-month and 14.7 per cent year-on-year. Cumulative primary aluminium exports between January and August 2026 totalled approximately 168,000 tonnes, representing a year-on-year increase of about 9.3 per cent. Net imports of primary aluminium:...
The London Metal Exchange (LME) aluminium price graph continues to drop across the pricing and contract segments on the September 24 trading session, reporting declines over the September 23 close . The LME aluminium cash bid slumped from USD 3,239.5 per tonne to USD 3,227 per tonne, rising 0.39 per cent. The offer price moved from USD 3,240 per tonne to USD 3,228 per tonne, dropping by 0.37 per cent. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid contracted from USD 3,258 per tonne to USD 3,252 per tonne, decreasing by 0.18 per cent. The offer price plunged from USD 3,260 per tonne to USD 3,252.5 per tonne, representing a 0.23 per cent...
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The US dollar rose to the highest since May 3, at 97.88, as better-than-expected US data boosted investors’ risk appetite, even as the US and China remained locked in a trade dispute. LME base metals advanced for the most part and aluminium gained 0.19%. SHFE aluminium ended 0.24% higher. Lower inventories and rising prices of alumina on supply cuts continued to buoy prices of aluminium. LME aluminium gained 0.19% to settle at US$1,855 per tonne. LME aluminium is likely to trade at US$1,850-1,870 per tonne today. As on May 16, LME aluminium cash (bid) price stood at US$ 1830 per tonne, LME official settlement price stands at US$ 1832 per tonne; 3-months bid price stands at US$ 1861 per tonne, 3-months offer price is US$ 1862 per tonne; Dec 20 bid price stands at US$ 1873 per tonne, and...
A press release from Mecfor confirms that its 1st electrical autoguided vehicle (AGV) is in operation in a Quebec aluminium smelter. Ms. Éloïse Harvey, President of Mecfor announced this during the ‘Forum Manufacturier innovant’ in Montreal in the presence of Minister of the Economy and Innovation, Mr. Pierre Fitzgibbon. Government of Quebec has granted $ 350K to test the AGV TEAM prototype in real operational condition. Mecfor, a leader in North America for specialized mobile equipment for aluminium smelters invested US$ 1.5 million in this R & D project. The government added financial support of US$ 1,1 million for the project. Commenting on the announcement Éloise Harvey, President, Mecfor said, ‟We are proud to see our AGV TEAM, designed and manufactured here in Quebec, operating in a...
According to a Canadian media report a top Trump administration cabinet member has said the punitive steel and aluminium tariffs on Canada and Mexico will be lifted very soon. U.S. Treasury Secretary Steven Mnuchin said the U.S. is close to reaching an “understanding” with Canada and Mexico in the negotiation process of lifting the 25-per-cent duty on steel and 10-per-cent duty on aluminium from the two close trade allies. Mnuchin testified at the U.S. Senate appropriations subcommittee on the lifting of tariffs. Mnuchin said that lifting of the tariffs is an important step before ratifying the newly negotiated USMCA trade deal in all three countries, which would replace NAFTA. He added that President Donald Trump had issued instructions to resolve the tariff issues before the...
The US dollar retreated after a gain and ended flat on the day on disappointing data on the US retail sales for April. Base metals rose across the board and LME aluminium rose 0.68%. SHFE aluminium increased 0.38%. LME aluminium price saw two consecutive increases in last two days and crossed the US$1800 per tonne benchmark after continuous low run. The three months aluminium contract is expected to trade within a range of US$1,840-1,860 per tonne today. As on May 15, LME aluminium cash (bid) price stood at US$ 1801.50 per tonne, LME official settlement price stands at US$ 1802 per tonne; 3-months bid price stands at US$ 1830 per tonne, 3-months offer price is US$ 1832 per tonne; Dec 20 bid price stands at US$ 1943 per tonne, and Dec 20 offer price stands at US$ 1948 per tonne. The LME...
Primary aluminium stocks across eight major consumption areas in China, including SHFE warrants, have dropped further on higher demand and limited cargoes arrival, learned Shanghai Metals Market. The premium of spot prices over prices of futures triggered a larger outflow of warrants, which also reduced inventories. According to SMM data, the inventories have plunged by some 63,000 tonnes from May 9 to stand at 1.346 million tonnes, as of Thursday, May 16. In contrast to 506,000 tonnes in Wuxi and Jiangsu on May 9, the inventories today are standing at 483,000 tonnes, down 23,000 tonnes. In Shanghai, the inventories dipped 7,000 tonnes to clock at 270,000 tonnes and in Nanhai and Guangdong by 24,000 tonnes to 286,000 tonnes. In Gongyi and Henan, and Linyi and Shandong, the inventories...
Emirates Global Aluminium has become the first company in the Middle East to receive certification under the Aluminium Stewardship Initiative (ASI). EGA’s Al Taweelah site has been certified against ASI’s Performance Standard for responsible production, sourcing and stewardship of aluminium. Al Taweelah site produces more than 1.5 million tonnes of aluminium each year and has been in operation since 2009. Abdulla Kalban, EGA’s Managing Director and Chief Executive Officer, said: “People around the world are rightly concerned that the products they use every day to make their lives better do not harm other people or the planet. Aluminium Stewardship Initiative certification provides assurance to our customers, in industries from automotive to electronics, that EGA is committed to helping...
ALRO S.A., one of the largest vertically integrated aluminium producers in Europe by capacity, announced its consolidated financial results for the first quarter of 2019. The Group’s turnover stood at RON 767.4 million in Q1 2019, up 2.4% from RON 749.2 million in Q1 2018. The Group registered a gross profit of RON 105 million in Q1 2019, from RON 167 million in Q1 2018. Operating result (EBIT) stood at RON 59 million compared to RON 101 million in Q1 2018. Marian NASTASE, Chairman of ALRO’s Board of Directors said: "In the first three months of 2019, ALRO Group recorded an increased turnover YoY, with higher revenues generated mainly by the processed aluminium segment and steady income from the primary aluminium segment, in line with our strategy of increasing, in the total production...
As updated by Shanghai Metals Market, China’s production of primary aluminium came in at 11.48 million tonnes in the first four months of 2019. Production increased 4.1 per cent from last year, showed data by the National Bureau of Statistics (NBS) on Wednesday, May 15. In January-March, the country’s production of primary aluminium was 8.57 million tonnes, up 3.9 per cent year-on-year. In April alone, China produced 2.92 million tonnes of primary aluminium, an increase of 3.9 per cent from a year ago, NBS data showed. This followed after a year-on-year rise of 3.4 per cent in March. China’s output of ten nonferrous metals for the first four months of the year increased 5.2 per cent year-on-year to 18.64 million tonnes, NBS data showed.
STAS Inc. announces through a press release that the company, a high-technology equipment supplier for the global aluminum industry based in Chicoutimi, Quebec, Canada, has acquired SERMAS Industrie, located in St Quentin Sur Isère, near Grenoble in France and which employs around forty employees. World leader in the sawing of large materials for the aluminum industry, SERMAS Industrie develops a complete range of equipment for the manufacture of cast aluminum products: • Complete sawing equipment for ingots, billets and aluminum T-bars including handling, weighing, marking and chip processing; • Milling machines for the manufacture of cast or rolled aluminum plates; • Sealing benches to produce cathodic blocks used in electrolysis pots; • Anode preparation equipment; • Sawing equipment...
The dollar rebounded from a nearly one-month low hit in the previous session, as US and Chinese officials said the two countries would continue to negotiate on trade. US President Donald Trump insisted on Tuesday that trade talks with China had not collapsed and called the widening US-China tariff war "a little squabble". LME base metals rallied across the board. LME aluminium rose 1.57%, SHFE aluminium gained 0.95%. LME aluminium traded robustly overnight with a high of US$1846.5 per tonne, ending 1.57% higher at US$1,839 per tonne after a positive indication on US china trade negotiations. LME aluminium is trading at US$1,810-1,840 per tonne today. As on May 14, LME aluminium cash (bid) price stood at US$ 1791.50 per tonne, LME official settlement price stands at US$ 1792 per tonne;...
Aluminium Bahrain (Alba) announced with a press release that it had successfully achieved a major Safety milestone of 5 million working-hours without Lost Time Injury (LTI) on 30 April 2019. The aluminium producer which has recently completed ramp–up of 212 pots or the 50% of its production capacity in its Line 6 expansion project has celebrated this safety milestone in the smelter site. Commenting on this occasion, Alba’s Chief Executive Officer Tim Murray said: “I am proud to say that Alba has a strong Safety and Health culture driven by employees’ ownership of Safety collectively. As we approach the hot summer months, we have to prepare well and step-up our efforts to ensure that Safety is always a priority. With extreme preparation and mutual commitment, we will go beyond the 5...
Statkraft and Alcoa Norway have inked a long-term contract for the supply of power during the period 2020 to 2026. Statkraft will supply approximately 440 GWh of power annually to Alcoa’s Norwegian aluminium production facilities. Hallvard Granheim, Executive Vice President Markets & IT in Statkraft said: “As competition for long-term power supply agreements has picked up in Norway, I’m pleased to enter a new contract confirming competitive terms and Statkraft’s role as a preferred supplier of electricity to Norwegian industry.” Kai-Rune Heggland, Country Manager Alcoa Norway commented: “Access to renewable energy at globally competitive prices is key to Alcoa’s focus on climate change and further development in Norway. We are very satisfied that Statkraft now can offer competitively...
Russian aluminium giant UC Rusal reportedly announced its first quarter results where it mentioned that revenue dropped 20.9 per cent to US$2,170 million from US$2,744 million in the same period last year. Net profit also decreased by 49.8 per cent to US$273 million, compared with US$544 million in Q1 2018. Recurring profit for the period was at US$300 million, down 43.5 per cent from US$531 million in Q1 2018. Commenting on the first quarter 2019 results, Evgenii Nikitin, CEO of RUSAL, said “The first quarter of the year was significantly challenged by the past year’s events, including the OFAC sanctions which were only lifted on 27 January 2019.” According to the company’s results, adjusted EBITDA came in at US$226 million in Q1 2019, down 60.5 per cent from US$572 million in the...
The US dollar came under pressure as investors moved towards safe-haven currencies such as the Japanese yen and Swiss franc. Despite that the greenback hit a four-month high against the Chinese yuan on Monday. The yuan slid with the escalation of trade war between the US and China. China announced they will impose higher tariffs on US$60 billion worth of US goods after the US announcement of a tariff hike on US$200 billion of Chinese products on Friday. LME aluminium closed 0.25% lower but SHFE aluminium traded strong. LME official settlement price stood almost flat from the last closing at the end of Monday’s trading. Three months LME aluminium is likely to trade at US$1,800-1,820 per tonne today. As on May 13, LME aluminium cash (bid) price stood at US$ 1765 per tonne, LME official...
According to the latest report from US Geological Survey, US domestic primary aluminium production stood at 87,000 tonnes in February 2019. The average daily production was 3,100 tonnes, up 42 per cent Year-on-Year. Primary aluminium production increased slightly from January and 54 per cent from February 2017. Total aluminium recovered from scrap was 271,000 tonnes in February, 7 per cent lower than the revised amount in February 2018. This was down 7 per cent less than the revised amount in January and 9 per cent less than the amount in February 2017. Of this, 152,000 tonnes of aluminium was recovered from new scrap and 119,000 tonnes was recovered from old scrap. Primary aluminium inventories in LME-approved warehouses in the United States stood at 44,175 tonnes at the end of February....
True to its reputation as a technology and innovation-driven company, Sohar Aluminium is harnessing the transformational potential of the 4th Industrial Revolution (a.k.a. Industry 4.0) in its quest to position itself as the ‘Smelter of the Future’. Its brief 10-year history as one of the Middle East’s youngest greenfield aluminium smelter is punctuated with accolades and milestones attesting to its superior technological underpinnings and operational excellence. From the use of leading-edge smelting technology with progressive increase in amperage, to the deployment of state-of-the-art production, efficiency and safety optimization tools, technological innovation has long been the cornerstone of its ambition to become the benchmark smelter in the region. Today, Sohar Aluminium is on the...
Aluminium Bahrain B.S.C. (Alba) will host Arab International Aluminium Conference (ARABAL) 2019 under the patronage of HRH Prince Khalifa bin Salman Al Khalifa the Prime Minister of the Kingdom of Bahrain. ARABAL will take place from 19 – 21 November 2019 at the Gulf Hotel, under the theme ‘Shaping the Future of Aluminium in the Arab Region’. Alba’s Chairman of the Board of Directors, Shaikh Daij bin Salman bin Daij Al Khalifa said: “ARABAL is reputed as one of the premium platforms for the aluminium industry in the Arab world that brings together the who’s who of the aluminium industry across the globe. Being the first aluminium smelter in the GCC, Alba is privileged to host the 36th edition of the prestigious ARABAL under the patronage of the Prime Minster HRH Prince Khalifa bin Salman...
According to Shanghai Metals Market, the primary aluminium inventories in China have continued extending their declines over the weekend ended on May 13, 2019. As demand increased and cargoes arrivals decreased, the social inventories across eight major consumption areas in China, including SHFE warrants, dropped some 36,000 tonnes from Thursday, May 9, to stand at 1.373 million tonnes. As the above chart indicates, the inventory in Wuxi and Jiangsu has dropped by some 13,000 tonnes to stand at 493,000 tonnes, while that in Shanghai by some 2,000 tonnes to 275,000 tonnes. In Nanhai and Guangdong, Linyi and Shandong, and Chongqing, the inventories have dropped too by some 17,000 tonnes, 2,000 tonnes, and 3,000 tonnes to come in at 293,000 tonnes and 16,000 tonnes, and 26,000 tonnes...
