Aluminium prices drift higher as September peak season operations recover amid low inventory
Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...
Macro disturbances cap upside room, while destocking continues to support aluminium price stabilisation
Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...
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China A00 aluminium ingot prices drop on softening consumption, stocks keep growing
<p>The prices of A00 aluminium ingots in China major consumer markets are trending low today on June 13. A00 Aluminium Ingot (North China) price ranges at RMB 13,590-13,610 per tonne with the average price standing at RMB 13,600 per tonne, down 0.22 per cent from its previous price. The price of...
China A00 aluminium ingot prices edge higher; overall output rises 21.6% YoY in May
<p>The prices of A00 aluminium ingots in China major consumer markets are trending higher today on June 9. A00 Aluminium Ingot (North China) price ranges at RMB 13,660-13,680 per tonne with the average price standing at RMB 13,670 per tonne, up 0.15 per cent from its previous price of RMB 13,650...
First Q3 Japan aluminium premium settlement reported at US$119/t plus LME CIF
<p>A producer and a Japanese buyer agreed to set the third-quarter premium for aluminium imports into Japan at $119 per tonne plus LME cash CIF Japan, down from $128 per tonne for Q2, several parties involved in the talks said Monday.</p> <p>The agreement was for P1020/P1020A aluminium ingot for...
A00 ingot prices drop in major China markets; Chalco alumina registers a gain
<p>The prices for A00 Aluminium Ingot for all provinces in the China markets (North, South, North-East and South-West) have plunged further after the last gain on June 2 2017.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Spot alumina prices remain flat in major china markets; A00 aluminium ingot prices record gain
<p>Spot alumina prices in all the major Chinese markets remain flat after continuous gain throughout the second fortnight of May.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/china%20alumina2.png" alt="News" width="702"...
China alumina prices up by 20 yuan/t, aluminium ingot stocks fall, profits up for smelters
<p>Alumina prices in China domestic market have regained strength after a hiatus. Supply uncertainty caused due to recent production cuts at the alumina refineries coupled with strong demand has allowed China alumina prices to stage a rally after a continuous downtrend.</p> <p>The average alumina...
India aluminium scrap prices remain unchanged while MCX aluminium edges higher
<p>Prices of major aluminium scrap commodities in India market stayed flat on the Scrap Register Price Index on Friday, May 12, while aluminium futures traded at Mumbai’s Multi Commodity Exchange got some breather. The contract that seemed to have formed a reasonably solid base above INR 120...
Russia sees aluminium exports growing in Q1 2017 as trade beats forecast
<p>Total aluminium exports by Russia increased both in volume and value during the first quarter of 2017, showed data released by The General Customs of Russia. Aluminium ingot exports (alloyed as well as non-alloyed) grew from 852,300 tonnes in the first quarter of 2016 to 859,400 tonnes in first...
Lindberg/MPH Ships Aluminium Melting and Holding Equipment to Die Casting Industry
<p>Lindberg/MPH announced the shipment of an aluminum central melting furnace to the die casting industry. This equipment holds 62,000 lbs. of aluminum and has a melt rate of 6,000 lbs. per hour.</p> <p>The furnace is loaded with aluminum ingot, and sows across a preheat hearth and returns are fed...
Yunnan Aluminium’s 2016 full-year net profit jumps 276% YoY
<p>One of China's major aluminium producing companies Yunnan Aluminium Co Ltd., posted a net profit of 111 million yuan for the full year ended March 31, 2017. The profit rose 276.03 per cent from the previous year despite the fact that the primary producer had agreed on cutting production in a...
T&T in talks with Alutech to produce aluminium downstream products
<p>Finance Minister of Trinidad and Tobago Colm Imbert said that the government is in talks with Alutech representatives to set up a plant that will manufacture aluminium downstream products in the Caribbean. The downstream products include aluminium sheets for the vehicle industry and wheel...
Ingot inventories drop as production resumes at China Gongyi’s aluminium processing units
<p>The month-long pollution control drive launched in China's Gongyi, Henan Province came to an end earlier this week. The environmental protection team that was conducting inspections left the region letting operations to resume at the local aluminium downstream facilities.</p> <p>Shanghai Metals...
Aluminium export from Middle East grows 7.05% YoY in 2016; Turkey remains top importer
<p>The Middle East is marching ahead to emerge as the next biggest aluminium market in the world after the U.S. and China. From being an exclusively oil-based economy it has already grown on to establish itself as a key producing region in the global aluminium map. With five of the GCC’s...
Japan Q2 aluminium premium settles at $128 per tonne plus LME CIF, up 35% from Q1
<p>According to a Platts report, the second-quarter aluminium contract premium has settled at $128 per tonne plus London Metal Exchange cash CIF Japan between a Japanese buyer and an aluminium producer, up 35% from $95 per tonne plus LME cash CIF Japan in Q1. The producers first offered $135 per...
Iran smelts 270 tons of aluminium over last eleven months
<p>According to numbers just released by the Iranian Mines and Mining Industries Development and Renovation Organization, Iran delivered over a quarter billion tons of mineral products through the first eleven months of the Iranian year.</p> <p><img style="vertical-align: middle; display: block;...
Arfin India wins JSW Steel supply order
<p>Arfin India, a manufacturer, supplier and exporter of aluminium wire, aluminium wire rod, flipped coil aluminium wire rod, aluminium alloy wire rod, ferro alloy product, aluminium stick, aluminium cube, aluminium shot, aluminium ingot and aluminium alloy ingot has won a supply order from JSW...
Norway's non-alloyed aluminium ingot export is estimated to be valued at US$226.8 mln in 2017
<p>The Norwegian economy is regaining confidence after the Trends Indicator showed consistent rise over the last few quarters. The economy was hit badly after oil industry downturn affected Southern and Western Norway in 2015. Since 2016 begining, the situation has been improving. The country with...
Aluminium demand and apparent consumption in the US and Canada up in 2016
<p>According to Preliminary estimates, aluminium demand in the United States and Canada that include shipments by domestic producers plus imports totalled an estimated 13 million tons in 2016, up 2.0 per cent over 2015. Demand for semi-fabricated (mill) products totalled 9.1 million tons, slightly...
