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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According to the International Aluminium Institute (IAI) data, world alumina production continued to fall in August 2021 to stand at 11.565 million tonnes, including 10.845 million tonnes of metallurgical grade alumina. That was a decrease of 0.89 per cent compared to a drop of 0.66 per cent last...
On Tuesday, September 28, A00 aluminium ingot price has plummeted by RMMB 440 per tonne to stand at RMB 22,490 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 22,470 per tonne and RMB 22,510 per tonne, with spot contract to be traded at a premium...
The average alumina spot price in China has opened the week on Monday, September 27, soaring by RMB 126 per tonne to come in at RMB 3,733 per tonne, found the Shanghai Metals Market. The continued raw materials supply disruptions from Guinea as well as domestic alumina production cut as refineries...
The Cameroon government agency, the National Institute of Statistics published a report which revealed that the country exported 14,925 tonnes of aluminium in H1-2021 compared to the 22,869 tonnes exported in 2020 during the same period. This shows a year-on-year decline of 34.70%. One of the main...
Disruptions in primary aluminium raw materials supply due to the ongoing political unrest in Guinea, the largest supplier to the world’s leading aluminium producer China, has driven the latter’s imported alumina price to a 3-year high. According to the Shanghai Metals Market, the Australian alumina...
The average alumina spot price has continued to surge in China, fuelled by domestic production cut due to refineries shut down and raw materials supply disruption due to ongoing political unrest in Guinea. According to the Shanghai Metals Market, alumina price has jumped by RMB 154 per tonne to...
The average alumina spot price in China has increased by RMB 85 per tonne on Wednesday, September 15, following a restraint on the previous day. According to the Shanghai Metals Market, the hike has brought the alumina price at RMB 3,453 per tonne, marking a week-on-week jump of RMB 292 per tonne....
The LME aluminium benchmark price leaped to a new milestone of US$3,000 per tonne, first time ever since 2008. Aluminium raw materials supply disruptions in Guinea coupled with production restrictions in China pushed the LME aluminium price to a 13-year high. However, both the LME aluminium cash...
In August 2021, the alumina production in China came in at 6.39 million tonnes after increasing by 1.58 per cent month-on-month from 6.29 million tonnes, founded the Shanghai Metals Market. According to the SMM data, the output for August was 6.16 million tonnes of metallurgical grade alumina...
The interrupted supply of aluminium raw material due to military Coup in Guinea has further pushed the Chinese alumina spot price to RMB 3,161 per tonne on Wednesday, September 8. According to the Shanghai Metals Market, the price has climbed by RMB 42 per tonne from RMB 3,119 per tonne on...
The average alumina spot price in China has extended its growth by RMB 45 per tonne to come in at INR 3,119 per tonne on September 6, 2021, found the Shanghai Metals Market. In Shandong, alumina price has climbed by RMB 50 per tonne to stand at RMB 3,125 per tonne, while the price in Henan and...
The global alumina industry saw a few updates this week that included China’s domestic alumina price surge and Europe’s one of the largest alumina refineries Eurallumina to resume operations in a while. The average alumina spot price in China rose throughout the week starting at RMB2,802 per tonne...
The average alumina spot price in China has continued to grow for the fifth day in a row to reach at RMB3,074 per tonne as of Friday, September 3. According to the Shanghai Metals Market, the price has increased by RMB45 per tonne today from RMB3,029 per tonne on September 2. In Shandong, alumina...
The world aluminium sector in August 2021 demonstrated a sharp rise in demand for the metal from every corner of the earth. The month observed the surge in the price of aluminium, which escalated by over 30% from $ 2013.50 per tonne to US$ 2673.50 per tonne, while it has been recorded as a 10 year...
The average alumina spot price in China has continued to increase for the third day in a row by RMB76 per tonne to RMB2,974 per tonne on Wednesday, September 1, found the Shanghai Metals Market. In Guangxi and Guizhou, alumina price has surged by RMB125 per tonne to stand at RMB2,850 per tonne, and...
The average alumina spot price in China has seen a spike today, on August 31, marking a steady rise since the end of July 2021, found the Shanghai Metals Market. Data shows alumina price has come in at RMB 2,898 per tonne as of August 31, surging by RMB 96 per tonne. In Shanxi and Henan, alumina...
The alumina price in China has increased by RMB 45 per tonne after remaining flat on Friday. The price now stands at RMB 2802 per tonne on Monday, 30 August 2021, as updated by Shanghai Metals Market. Alumina price in Shandong has climbed by RMB 50 per tonne to stand at RMB 2810 per tonne. The...
The alumina price in China has registered a hike of RMB 6 per tonne. The price stands at RMB 2757 per tonne on Thursday, 26 August, from 2751 per tonne, as updated by Shanghai Metals Market. The prices of alumina in Shandong, Guizhou and Guangxi markets have risen to stand at RMB 2760 per tonne,...
