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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Followed by two consecutive falls last week, the A00 aluminium ingot price is found rebounded over the weekend, showed Shanghai Metals Market on Monday, March 4, 2019. While the spot price of aluminium ingot has grown to RMB 13,630 per tonne from RMB 13,550 per tonne, the average prices are expected to range between RMB 13,610 per tonne and RMB 13,650 per tonne. The spot discounts are likely to settle at RMB 70 per tonne to RMB 20 per tonne. As the surge has touched upon all the major Chinese markets, the east market (Wuxi and Hangzhou) has recorded a growth of RMB 75 per tonne to stand at RMB 13,620 per tonne. The markets in the south and north have witnessed an increase in ingot price by about RMB 110 per tonne and RMB 30 per tonne to hover at RMB 13,680 per tonne and RMB 13,600 per...
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.755 million tonnes as of Monday March 4, an increase of 11,000 tonnes from Thursday February 28, Shanghai Metals Market data showed. The weekend gain of 11,000 tones is smaller than the increase of 45,000 tonnes in the previous weekend. The chart below indicates the current status of the primary aluminium inventories across China: Inventories in Wuxi, Jiangsu and Shanghai increased 11,000 tonnes and 1,000 tonnes from Monday February 25 to 647,000 tonnes and 313,000 tonnes respectively. Stocks in Nanhai, Guangdong and Gongyi, Henan stood at 367,000 tonnes and 158,000 tonnes as of Monday March 4, up 27,000 tonnes and 1,000 tonnes from Monday February 25. Inventories in...
Prime Minister of Canada Justin Trudeau reportedly spoke to the US President Donald Trump on Thursday, February 28, about American tariffs on aluminium and steel. The news came after Trudeau’s office said “The Prime Minister raised the issue of steel and aluminium tariffs and expressed the need for the removal of tariffs,” on Friday, March 1. Ottawa, the capital of Canada, had been strongly objecting to these tariffs imposed on the ground of national securities. Ottawa pressed many times for the removal of tariffs. The US Agriculture Secretary Sonny Perdue said on February 28 that he tried hard to convince Mr. Trump for protecting the US steel industry with tariff rate quotas, instead of plain tariffs on imports from Canada and Mexico. Earlier on Sunday, February 24, Transport Minister...
Shanghai Metals Market found brisk trading in east China on Friday morning, March 1, as lower aluminium prices improved purchasing willingness among traders and downstream consumers. Weekend stockpiling was also an important reason for the improved purchasing and therefore, brisk trading as a result. In Shanghai, spot deals were mostly seen at RMB 13,540 per tonne to RMB 13,550 per tonne, down more than RMB 60 per tonne from Thursday morning. The front-month March aluminium contract on the Shanghai Futures Exchange also fell from the previous day. Against the SHFE 1903 contract, spot discounts in Shanghai narrowed from RMB 80 per tonne to RMB 40 per tonne in the first part of the morning session, as futures prices dropped. Spot discounts were seen at RMB 50 per tonne to RMB 40 per tonne...
The latest data from US Geological Survey indicates that the total aluminium supply in the United States (Primary production, secondary recovery, and imports for consumption) stood at an estimated 9.3 million tonnes through November 2018, down 4% over the same period of 2017, where the supply stood at 9.7 million tonnes. Out of the total supply of aluminium, the US imported about 5.1 million tonnes of aluminium in the period from January to November 2018. Export (excluding scrap) during the same period stood at 1.23 million tonne. Apparent consumption (total supply minus export) during the first 11 months of 2018 stood at about 8.47 million tonne. When we look at the export statistics year over year, we see that the export of crude and alloyed aluminium and semi-finished aluminium stood...
According to an update from Shanghai Metals Market, Guangxi Hualei New Materials has raised its prebaked anode purchasing price today by RMB 24 per tonne month-on-month for March. Guangxi Hualei New Materials is a subsidiary of the state-owned aluminium giant China Aluminium Corporation (Chinalco). Higher transport costs are the main reason for this increase, bringing the purchasing price to RMB 3,958 per tonne. On a broader nationwide basis, however, the prebaked anode prices have continued to show signs of weakness as of March 1. In the eastern market, spot prices have declined by RMB 70 per tonne from the previous day and averaged at RMB 3,350 per tonne, SMM found. Earlier, on February 27, Shandong Weiqiao Group, one of the top aluminium producers in China, had tentatively lowered its...
Vesuvius plc, a global leader in molten metal flow engineering and technology, announced that it has signed an agreement to acquire CCPI Inc, a specialty refractory producer focused on tundish (steel continuous casting) applications (65% of sales) and aluminium (35% of sales). Based in Ohio, USA, CCPI will become part of its Advanced Refractories business unit. The transaction values CCPI at US$43.4 million (£33.1 million) on a cash and debt free basis and will be funded from Vesuvius' internal resources. Patrick André, Chief Executive of Vesuvius, said: "CCPI is a strategically important acquisition for Vesuvius, which significantly expands Vesuvius' North American presence in refractories used in steel tundish applications, while also increasing Vesuvius' exposure to aluminium.” “The...
The A00 aluminium ingot price starts off the month with a decline by RMB 50 per tonne, found Shanghai Metals Market. Today, on March 1, the price has stooped down from RMB 13,600 per tonne to RMB 13,550 per tonne. The average prices are expected to range between RMB 13, 530 per tonne and RMB 13,570 per tonne, with spot discounts to settle at RMB 60 per tonne to RMB 20 per tonne. Since the decline of aluminium ingot price has touched upon all the major markets in China, the eastern markets (Wuxi and Hangzhou) have recorded a plunge by RMB 65 per tonne and RMB 60 per tonne. The price there is standing now at RMB 13,545 per tonne. The markets in the south and north have seen a price drop by RMB 70 per tonne and RMB 40 per tonne to RMB 13,570 per tonne and RMB 13,570 per tonne, respectively....
The US dollar index rebounded from earlier lows on Thursday, after US data showed growth in the world's largest economy was stronger than expected in the fourth quarter. LME base metals traded mixed on Thursday and aluminium dropped 0.9%. SHFE base metals also saw mixed performance overnight and aluminium lost some 0.2%. LME aluminium cash contract closed lower from previous day at US$ 1893 per tonne during the day’s closing yesterday. The three-month LME aluminium dropped close to 0.9% to finish Thursday at a session low of US$1,905 per tonne, as gloomy February manufacturing data in China hampered market sentiment. Better-than-expected US economic growth in the fourth quarter bolstered the greenback overnight, which is set to weigh on LME aluminium today, with most transactions likely...
On Thursday February 28, as updated by Shanghai Metals Market, spot aluminium discounts narrowed in east-China markets as prices of futures dropped. The front-month March aluminium contract on the Shanghai Futures Exchange weakened in the morning. In Shanghai, spot discounts were heard at RMB50 per tonne to RMB30 per tonne against the SHFE 1903 contract, and trades between traders were brisk. Spot discounts narrowed to RMB30 per to RMB20 per tonne after SHFE aluminium saw losses accelerate in the second part of the morning session, and this eroded buying interest among traders. Spot deals mostly occurred at RMB13,600 per tonne to RMB13,620 per tonne in Shanghai and Wuxi, and at RMB13,600 per tonne to RMB13,610 per tonne in Hangzhou, SMM research found. In Guangdong, spot trades this...
According to the latest report from US Geological Survey, US domestic primary aluminium production in November 2018 was 88,000 tonnes. The average daily production in November was 2,920 tonne, 8% more than that in October 2018, 44% more than that in November 2017 and 43% more than that in November 2016. The report indicates some positive impact of Trump’s tariffs on aluminium on the domestic primary sector. For the period from January to November domestic primary aluminium production stood at 797,000 tonnes. It registered a growth of about 18% from the same period of 2017 in which the U.S. churned out 677,000 tonnes of primary aluminium. Secondary aluminium continued to be a major segment of total aluminium supply. Total aluminium recovered from scrap in November 2018 was 296,000 tonne,...
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 72,000 tonnes from Thursday February 21, Shanghai Metals Market data showed. As of Thursday February 28, social stocks of primary aluminium came in at 1.744 million tonnes. The chart below indicates the current status of the primary aluminium inventories across China: Compared with last Thursday, inventories in Nanhai, Guangdong and Gongyi, Henan increased 34,000 tonnes and 29,000 tonnes to 352,000 tonnes and 167,000 tonnes respectively. Stocks in Nanhai and Gongyi were at 318,000 tonnes and 138,000 tonnes on Thursday, February 21. Inventories in Wuxi, Jiangsu increased 14,000 tonnes to 644,000 tonnes as of Thursday February 28. Stocks in Shanghai and Hangzhou, Zhejiang...
The US dollar rebounded on Wednesday as investors digested testimonies from the lead US trade negotiator with China and the top ranking Federal Reserve official. LME base metals traded higher across the board on Wednesday and aluminium gained 0.3%. SHFE base metals performed similarly overnight and aluminium rose some 0.2%. LME aluminium cash contract closed higher from previous day at US$ 1898.5 per tonne during the day’s closing yesterday but lost some gains during night trading. As longs loaded up their positions, the three-month LME aluminium rose a three-week high of US$1,930 per tonne on Wednesday, before it ended at US$1,922 per tonne, standing above all short-term moving averages. The rebound in the US dollar index accounted for the losses in LME aluminium later in the overnight...
Emirates Global Aluminium (EGA) announced that it is to supply its entire carbon dust production, a by-product of aluminium smelting to the UAE cement industry to be used as alternative fuel. The move strengthens EGA’s cooperation with UAE cement companies and also reiterates its commitment to sustainability and a circular economy. EGA also supplies its spent pot lining, another waste product, to UAE cement firms and has trialled the re-use of carbon dust in the cement industry. Salman Dawood Abdulla, Executive Vice President, Environment, Health, Safety, Sustainability and Business Transformation at EGA, said: “…we are glad to be working with the cement industry to pioneer this approach in the UAE. We will now re-use almost all the carbon dust we generate at EGA, improving the...
As updated by Shanghai Metals Market, Shandong Weiqiao Group, one of the top alumina producers in China, planned to reduce prebaked anode purchasing prices by RMB140 per tonne for March. The price for March now stands at RMB3,180 per tonne in cash and RMB3,215 per tonne on acceptance. As far as averageprebaked anode spot price is concerned, it continues to remain at RMB3420 per tonne. The last drop was on Monday, February 25, by RMB37.5 per tonne or 1.08 per cent from RMB3457.5 per tonne, as on February 22. The price is expected to range between RMB3320 per tonne and RMB3520 per tonne. As of Wednesday, February 27, prebaked Anode price in the Central remains at RMB 3400 per tonne, while that in the Southwest and Northwest hovers at RMB3800 per tonne. Other input costs such as Al Fluoride...
India, yet again, reportedly extended the retaliatory tariffs deadline on 29 US products till April 1, as on Tuesday, February 26. According to the report, the commerce ministry asked its finance counterpart to defer the implementation of duties, as discussions for a proposed trade package is still going on between India and the US. A notification said that implementation of increased customs duty on specified imports originating in USA has been postponed from March 2, 2019 to April 1, 2019. This is the sixth time that India has deferred the retaliatory tariffs deadline on US products, including almond, walnut, and pulses. June 2018 was the first time when India had decided to impose tariffs in response to the United States’ additional duties on certain aluminium and steel products....
Rio Tinto announces record returns of US$13.5 billion including final dividend of US$3.1 billion and special dividend of US$4.0 billion to its shareholders for 2018. Commenting on the announcement, Rio Tinto chief executive J-S Jacques said “We have once again announced record cash returns to shareholders of $13.5 billion on the back of $18 billion of underlying EBITDA and a Return on Capital Employed of 19%. These strong results reflect the efforts of the team to implement our value-over-volume strategy as we continued to strengthen the portfolio and invest in future growth.” “Our world-class portfolio and strong balance sheet will serve us well in all market conditions, and underpin our ability to continue to invest in our business and deliver superior returns to shareholders in the...
Shanghai Metals Market found brisk spot aluminium trading in east China this morning, February 27, as the state-owned Aluminium Corporation of China (Chalco) made purchases close to 10,000 tonnes. In south China, Chalco purchased over 5,000 tonnes. In Shanghai, Wuxi, and Hangzhou, spot deals were mostly found at RMB 13,620 per tonne to RMB 13,640 per tonne, learned SMM, while traded prices increased by about RMB 30 per tonne from the previous morning. Spot discounts in Shanghai were narrower than yesterday at RMB 60 per tonne to RMB 40 per tonne, against the front-month March aluminium contract on the Shanghai Futures Exchange. This was because of the aluminium giant’s large purchase as it prompted sellers to raise their offers. Buyers, however, did not feel comfortable with the prices....
