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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On Tuesday, April 4, the average alumina spot price slumped by RMB 12 per tonne to halt at RMB 2,921 per tonne. The prices in Henan and Shanxi have dropped by RMB 20 per tonne and RMB 15 per tonne to come in at RMB 2,960 per tonne and RMB 2,955 per tonne. In other provinces like Shandong and...
On Friday, December 31, China’s A00 aluminium ingot price has grown by RMB 90 per tonne to stand at RMB 18,670 per tonne, with the average prices standing between RMB 18,650 per tonne and RMB 18,690 per tonne. The spot contract price is expected to be traded at a discount price of RMB 90 to RMB 50...
A00 aluminium ingot price has levitated by RMB 190 per tonne, officially closing at RMB 18,590 per tonne, as the Shanghai Metals Market recorded on March 28, Tuesday. The average prices are expected to range between RMB 18,570 per tonne and RMB 18,610 per tonne, with spot contracts trading at...
In February 2023 (28 calendar days), China’s metallurgical-grade alumina production decreased by 3.9 per cent month-on-month to stand at 6.12 million tonnes versus 6.37 million tonnes in January (31 calendar days), found the Shanghai Metals Market data. But the daily output increased by 14,000...
A00 aluminium ingot price has seen RMB 100 per tonne augmentation, halting at RMB 18,570 per tonne, as the Shanghai Metals Market recorded on March 7. The average prices are expected to range between RMB 18,550 per tonne and RMB 18,590 per tonne, with spot contracts trading at discount prices of...
The average alumina spot price in China has started the week on Monday, March 6, with a drop of RMB 5 per tonne (US$0.73/t) to stand at RMB 2,936 per tonne (US$425.81/t), found the Shanghai Metals Market. In Guangxi, the alumina price has decreased by RMB 20 per tonne (US$2.9/t) to peg at RMB 2,835...
On Wednesday, March 1, China's A00 aluminium ingot price has gained RMB 110 per tonne to settle at RMB 18,440 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110 per tonne to RMB 70 per tonne. The average prices will likely range between RMB 18,420 per tonne...
According to the Shanghai Metals Market, China’s domestic average alumina spot price has dipped by RMB 1 per tonne to settle at RMB 2,946 per tonne as of Tuesday, February 28. In Henan and Guizhou, alumina price has plunged by RMB 15 per tonne and RMB 5 per tonne to stand at RMB 2,980 per tonne and...
On Monday, February 27, China’s A00 aluminium ingot recorded a decline of RMB 150 per tonne to stand at RMB 18,330 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110 to RMB 70 per tonne. On a W-o-W calculation, a plunge of RMB 360 per tonne was witnessed....
On Tuesday, February, the average alumina spot price in China inched up by RMB 1 per tonne after remaining restrained since February 16. The price as of today settled at RMB 2,947 per tonne. On a W-o-W calculation, a drop of RMB 4 per tonne was seen from RMB 2,951 per tonne recorded on February 16....
According to the Shanghai Metals Market, the average alumina spot price in China has dipped for the second day in a row by RMB 3 per tonne to stand at RMB 2,946 per tonne on Thursday, February 16. On a week-on-week calculation, the price is down by RMB 4 per tonne from RMB 2,950 per tonne on...
Hydro entered the year 2022 amid a strong aluminium market but soon was dominated by a devastating war in Europe, an energy crisis, inflation, and a global economic slowdown, including a significant fall in demand. But amid all this, the company succeeded in delivering record results for the year,...
China's A00 aluminium ingot price has grown by RMB 30 per tonne following yesterday's decline. However, in a W-o-W context, the price has marked a downfall of RMB 570 per tonne. The price as of today rested at RMB 18,490 per tonne, with the average prices likely to range between RMB 18,470 per...
According to the Shanghai Metals Market, A00 aluminium ingot price in China has dipped by RMB 10 per tonne, marking the fourth consecutive fall. The data suggests though the price has lost only RMB 10 per tonne on Tuesday, February 14, it has registered a week-on-week fall of RMB 540 per tonne. The...
The average alumina spot price in China has gone up by RMB 3 per tonne on Tuesday, February 7, after remaining restrained since January 31. The price as of today settled at 2,950, followed by a growth of RMB 10 per tonne in Shandong and Guizhou to come in at RMB 2,925 per tonne and RMB 2,880 per...
A surge in demand for aluminium is augmenting the revenue accumulation of Press Metal Aluminium Holdings Bhd, giving the company the best benefits of a structural demand shift in Malaysia's economy, as was noted by the country's indigenous research lobby, RHB. A company statement said: "We expect...
A report has recently revealed that Iran produced 176,239 tonnes of alumina powder in the nine months of the Iranian calendar year (March 21-December 21, 2022). The report suggests a 1 per cent rise year-on-year from 175,284 tonnes. In the third quarter (September 21-December 21), Iran’s alumina...
On Wednesday, February 1, A00 aluminium ingot price in China has hiked by RMB 230 per tonne, compared to the previous day, where the price had witnessed a fall of RMB 40 per tonne. The price as of today closed at RMB 18,960 per tonne, with the spot contract price expected to be traded at a discount...
