China's domestic spot alumina prices continued their gradual downward trend last week, with sporadic discounted transactions emerging in the market, based on Mysteel's survey. The pressure was partly contributed by the persistent expectation of fresh supply coming online in southern China, leaving...
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
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The Shanghai Metals Market, on October 16, witnessed minor hikes in aluminium prices, with the SMM A00 aluminium ingot price showing no change, remaining stoic at RMB 19,050 per tonne. The average prices have ranged between RMB 19,030 per tonne and RMB 19,070 per tonne. If we consider the price on...
On Friday, October 13, China's A00 aluminium ingot price nosedived by RMB200 per tonne to close at RMB 19,050 per tonne, with the average prices standing between RMB 19,030 per tonne and RMB 19,070 per tonne. The spot contract price may be traded at a discount price of RMB 10 per tonne and a...
On Wednesday, October 11, China's A00 aluminium ingot price witnessed a fall of RMB 140 per tonne to RMB 19,370 per tonne, with the average prices ranging between RMB 19,350 per tonne and RMB 19,390 per tonne. The spot contract prices may be traded at a premium price of RMB 30 to RMB 70 per tonne....
The average alumina spot price in China has soared by RMB 4 per tonne, halting at RMB 2,965 per tonne, while the price of alumina in Shandong, Henan, Shanxi and Guizhou have all escalated by RMB 5 per tonne. The price of alumina in Shandong stopped at RMB 2,925 per tonne; in Henan, it anchored at...
China’s primary aluminium input prices have resumed the market from a week-long Mid-Autumn Festival and National Day Holiday on a high note. After remaining restrained for almost two months, China’s domestic bauxite prices have recorded a rise, particularly bauxite (4.5≤Al/Si＜5.5) Shanxi and...
Alumina production in Iran recorded a 1 per cent rise during the first five months of the Iranian calendar year (March 21-August 22). According to the Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, Iran produced 99,473 tonnes of alumina during the said period compared...
China’s average alumina spot price has increased by RMB 4 per tonne to officiate at RMB 2,951 per tonne. The alumina price in Shanxi has amped up to RMB 2,970 per tonne, with RMB 10 per tonne addition. The alumina price in Guangxi has gained RMB 5 per tonne to park at RMB 2,960 per tonne. The...
On Friday, September 22, A00 aluminium ingot price in China gained RMB 90 per tonne to close at RMB 19,740 per tonne, with the average prices between RMB 19,720 per tonne and RMB 19,760 per tonne. The spot contract price is expected to be traded at a premium price of RMB 210 per tonne to RMB 250...
On September 21, the Shanghai Metals Market witnessed mixed trends in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 160 per tonne to officially close at RMB 19,650 per tonne. The average prices have ranged between RMB 19,630 per tonne and RMB 19,670 per...
The average alumina spot price has continued to grow for the second day in a week, dating September 19, by RMB 2 per tonne to settle at RMB 2,937 per tonne, found the Shanghai Metals Market survey. In the past two days, the price has increased by RMB 4 per tonne, marking a month-on-month hike of...
The combined effects of alumina and self-supplied electricity prices caused an uptick in the cost of electrolytic aluminium in August. The Mysteel aluminium research team extensively analysed electrolytic aluminium enterprises in China. In August 2023, the weighted average full cost of the Chinese...
The average alumina spot price in China has shed RMB 1 per tonne, officiating at RMB 2,933 per tonne. The alumina price in Henan has added RMB 5 per tonne to stop at RMB 2,945 per tonne, while the alumina price in Shanxi has lost RMB 10 per tonne to settle at a similar rate as Henan. On September...
According to data released on September 8, 2023, by the Australian Bureau of Statistics (ABS), business turnover in July witnessed declines in seven of the 13 selected industries. The Australian Bureau of Statistics (ABS) is the independent statutory agency of the Australian Government, responsible...
On September 7, the Shanghai Metals Market witnessed escalating aluminium prices all over China, with the SMM A00 aluminium ingot price heightening by RMB 160 per tonne to officially close at RMB 19,470 per tonne. The average prices have circled between RMB 19,450 per tonne and RMB 19,490 per...
On Wednesday, September 6, the average alumina spot price in China gained RMB 7 per tonne, settling at RMB 2,933 per tonne. As per the Shanghai Metal Exchange (SMM) data, M-o-M, the alumina price had expanded by RMB 37 per tonne or 1.27 per cent from RMB 2,896 per tonne recorded on August 7. As of...
The Shanghai Metals Market (SMM) on Monday, September 4, opened the week with a contraction of RMB 200 per tonne to settle at RMB 19,410 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The average prices may orbit between RMB 19,390 per...
On September 1, today, the Shanghai Metals Market has witnessed enormous growth in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 450 per tonne to officially close at RMB 19,610 per tonne. The average prices have ranged between RMB 19,590 per tonne and RMB...
The Shanghai Metals Market (SMM) on Friday, August 31, reported that China’s A00 aluminium ingot price has expanded by RMB 120 per tonne to close at RMB 19,160 per tonne, with the average prices standing between RMB 19,140 per tonne and RMB 19,180 per tonne. The spot contract price is expected to...
