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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According to SMM statistics, domestic primary aluminium production in July 2025 (31 days) increased by 1.05 per cent YoY and 3.11 per cent M-o-M. The operating capacity of primary aluminium in China increased slightly M-o-M in July, mainly due to the start-up of the second-phase replacement project...
In mid-July, China's aluminium ingot prices remained stable, supported by elevated raw material costs and ongoing efforts to reduce inventory buildup. Despite increased motorcycle production and government subsidies driving the demand, overall market growth remained subdued due to seasonal...
In a huge crackdown on illegal waste processing, the Malaysian government has raided an unlicensed e-waste factory in the Bukit Rambai industrial estate, confiscating about 300 tonnes of aluminium ingots worth an estimated RM2.1 million (USD 445,000). The raid spotlights an emerging and lethal...
Aluminium ADC12 alloyed ingot prices remained stable m-o-m in June 2025 across both northern and southern India, according to BigMint's benchmark assessments. Steady pricing was supported by ongoing shortages of raw materials used in alloy ingot production. BigMint's monthly assessment for the OEM...
This week, the domestic aluminium scrap market continued to fluctuate at highs, with significant price differentiation. Spot primary aluminium prices fluctuated at highs during the week. As of July 3, the SMM A00 aluminium ingot prices closed at RMB 20,860 per tonne, up RMB 250 per tonne from last...
Neveah Limited has officially commenced operations at its advanced aluminium and copper recycling facility in Ogun State. During its inaugural production run, the plant successfully delivered its first batch of aluminium ingots achieving a notable purity level of 85.1 per cent, a strong reflection...
![Electrolytic aluminium ingot as of June 30, 2025: Inventory buildup occurred as expected at month-end [SMM data]](https://assets.alcircle.com/dynamic/prod/news/20260831133246603_b5989f6a1_md.webp)
According to SMM statistics, as of June 30, the inventory of aluminium ingots at major domestic consumption hubs stood at 468,000 metric tonnes, an increase of 5,000 metric tonnes from Thursday last week and 4,000 metric tonnes from Monday last week. Due to the overall increase in domestic...
![Aluminum prices have risen sharply, while the overall increase in aluminum scrap prices has been limited [Daily Review of Aluminum Scrap]](https://assets.alcircle.com/dynamic/prod/news/20260831133248170_b98e68cf7_md.webp)
Today, spot primary aluminium prices rose sharply by 280 per tonne compared to the previous trading day. SMM A00 aluminium ingot prices closed at 20,890 per tonne. Aluminum scrap market prices generally followed the upward trend, but the increase was limited. Currently in the traditional...
National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has broadened its product portfolio with the launch of its latest innovation, the IA90 Grade Aluminium Alloy Ingot. This strategic introduction is designed to meet the increasing and...
Futures Market: On Friday, the most-traded SHFE aluminium 2508 contract opened at RMB 20,425 per tonne, with a high of RMB 20,465 per tonne, a low of RMB 20,400 per tonne, and closed at RMB 20,425 per tonne. Trading volume was 56,000 lots and open interest was 248,000 lots. On Friday, LME aluminium...
On April 29, 2025, Yu Jin, Senior Director of SMM, Ding Weiquan, Head of Secondary Aluminum, Zhang Xiaoyao, Head of International Recycling, and Yang Shihao, Senior Aluminum Analyst, visited Miluo Lianchuang Aluminum Technology Co., Ltd. They were warmly welcomed by Chairman Zhu Zhenping....
Today, the most-traded SHFE aluminum 2507 contract opened at RMB 20,075 per tonne, with a high of RMB 20,010 per tonne, a low of RMB 19,925 per tonne, and closed at RMB 19,980 per tonne, down 0.12 per cent. Trading volume was 149,000 lots, and open interest was 184,000 lots. Image source: CAST &...
CSMET Group Co., Ltd. has achieved ASI Performance Standard V3 (2022) Certification for the production of aluminium alloy ingots and aluminium alloy liquid, at their CSMET New Material Group Co., Ltd. facility in Jinshan District, Shanghai, China. Aluminium Stewardship Initiative (ASI) today...
Lizhong Group has earned ASI Performance Standard V3 (2022) Certification for melting, alloying and casting process for the design and manufacture of cast aluminium alloy at their Longda Aluminum (Shunping) Co., Ltd. facility located in Hebei, China. Aluminium Stewardship Initiative (ASI) today...
Shares of India-based Baheti Recycling Industries Limited, a micro-cap company specialising in recycling aluminium scrap into various aluminium alloys such as ingots, cubes, shots, notch bars, and de-ox alloys, surged by up to 9.3 per cent on Monday following the announcement of a Memorandum of...
India's secondary aluminium market saw an increase in prices in April 2025, driven by rising demand and persistent shortage in raw material availability. This supply-demand imbalance pushed alloyed ingot prices higher, particularly in the northern and southern parts of the country. Meanwhile,...
According to SMM statistics, domestic aluminium production in April 2025 (30 days) increased by 2.6 per cent Y-o-Y but decreased by 2.9 per cent M-o-M. The proportion of liquid aluminum in the domestic aluminum industry fluctuated slightly in April, with the monthly industry proportion of liquid...
In line with market development trends, SMM Information & Technology Co., Ltd. (SMM) meticulously organised the selection of the Top 20 High-Quality Suppliers in China's Secondary Aluminium Industry. The event aimed to identify a group of aluminium scrap suppliers and secondary aluminium alloy...
