Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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The price progress of alumina in the Shanghai Metals Market (SMM) has continued to maintain its upward trajectory, arriving at RMB 5,209 per tonne as of today. The alumina price has hiked by RMB 41 per tonne and W-o-W the price has grown by 5.23 per cent from RMB 4,950 per tonne on October 29....
The average alumina spot price in China has opened the week with a surge of RMB 59 per tonne to settle at RMB 5,168 per tonne. As per the Shanghai Metals Market (SMM), the alumina price has continued its record-breaking climb, reflecting a W-o-W hike of RMB 268 per tonne or 5.46 per cent. Image...
The Aluminium Company of Egypt (Egyptalum) has achieved ASI Performance Standard V3 (2022) Certification for its production and supply of primary aluminium products. This certification encompasses a range of products, including ingots, wire rods, billets, T-bars, slabs, primary foundry alloys,...
On Thursday, October 31, the average alumina spot price in China has gained RMB 49 per tonne to settle at RMB 5,056 per tonne. The average alumina prices have shown growth in all the major regions, with the highest in Guizhou where it has surged by RMB 65 per tonne to settle at RMB 5000 per tonne....
The average alumina spot price in China, without much surprise, has finally reached the RMB 5000 mark. As of today, the price has hiked by RMB 57 per tonne to arrive at RMB 5,007 per tonne, reflecting a Y-o-Y surge of 66.40 per cent. The alumina prices have been growing significantly since...
As week four of October progresses, the price of alumina, too, advances towards touching RMB 5000 in the Shanghai Metals Market, which can be safely said to be the highest in the known time frame. On Thursday, October 24, alumina prices in the SMM market touched RMB 4,810 per tonne, whereas some of...
Alumina price on October 21 opened with the continual trend of an all-time high of RMB 4642 per tonne, with an increase of 7.8 per cent since last week. Apart from the recent incident of flood in Guinea, which affected the bauxite supply in China, the country's domestic supply has been humungously...
On Wednesday, October 16, the average alumina spot price has skyrocketed by RMB 101 per tonne to settle at RMB 4,499 per tonne. As per the data, the alumina prices in Shandong, Guangxi and Shanxi have gained RMB 100 per tonne to clock at RMB 4,475 per tonne, RMB 4,435 per tonne and RMB 4,575 per...
On Monday, October 14, the average alumina spot price in China opened the week with a surge of RMB 63 per tonne to halt at RMB 4,304 per tonne. W-o-W, the alumina price had grown by RMB 196 per tonne from RMB 4,108 per tonne. As of today, the prices in regions like Shanxi and Shandong have gained...
On Friday, October 11, the average alumina spot price in China hiked by RMB 27 per tonne to settle at RMB 4,241 per tonne. As per the Shanghai Metals Market (SMM) price analysis, the alumina price on a M-o-M surged by RMB 298 per tonne or 7.55 per cent. As of today, the prices have grown in most of...
INTALS S.p.A. is a leading European company specialising in the recycling of aluminium. With over 120 years of tradition and a commitment to sustainability, INTALS is a pioneer in the production of secondary aluminium. The Parona site alone produces 150,000 tonnes of aluminium from scrap each year....
According to the Shanghai Metal Market (SMM), today, the week initiated with a surge in average prices of raw materials like alumina by RMB 18 per tonne to reach RMB 4,092 per tonne. This increased the price by RMB 189 per tonne in three months from RMB 3,903 per tonne. The price has expanded in...
According to the Shanghai Metal Market (SMM), today, the weekends have a surge in average prices of raw materials like alumina by RMB 16 per tonne, reaching RMB 4,074 per tonne. This brings the price higher by RMB 158 per tonne in one month from RMB 3,916 per tonne. The price has increased in some...
The Aluminium Stewardship Initiative (ASI) is a collaborative endeavour aimed at enhancing sustainability throughout the aluminium value chain. Achieving ASI certification demonstrates the dedication of both aluminium producers and users to maintain rigorous standards in social responsibility,...
According to the Shanghai Metal Market, the price of raw materials like alumina has again surged by RMB 15 per tonne, bringing the average price to RMB 4,058 per tonne. Also, in some regions, the alumina price is high, like in Shanxi, where the price has improved by RMB 25 per tonne to peg at RMB...
According to the Shanghai Metals Market (SMM) survey, as of 25th September 2024, China’s average A00 aluminium ingot price has skyrocketed by RMB 360 per tonne to reach RMB 20,160 per tonne. This huge increase brings the average price higher W-o-W by RMB 370 per tonne from RMB 19,790 per tonne. The...
As of 23rd September 2024, according to the Shanghai Metal Market (SMM), the week initiated with a surge in alumina price by RMB 20 per tonne to officially close at RMB 4,026 per tonne. This brings the average price higher from the same day the previous month by RMB 119 per tonne from RMB 3,907 per...
According to the Shanghai Metal Market (SMM), alumina price has surged by RMB 13 per tonne, averaging at RMB 4,006 per tonne as of 20th September. This brings the price higher by RMB 99 per tonne in one month from RMB 3,907 per tonne. The price has increased in almost all the key regions. Like in...
