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LME aluminium price lowered at US$1460.5/t on April 30 while opening stock remained flat
01 MAY 20202MINS

LME aluminium price lowered at US$1460.5/t on April 30 while opening stock remained flat

Benchmark aluminium price on London Metal Exchange dropped by US$ 3.5 per tonne from US$ 1464 per tonne to US$ 1460.5 per tonne, as of Thursday, April 30. Both LME aluminium cash (bid) price and LME official settlement price declined from US$ 1464 per tonne on April 29 to US$ 1460.5 per tonne on...

US aluminium scrap exports gain 3,000 tonnes over the month in February 2020
29 APR 20201MINS

US aluminium scrap exports gain 3,000 tonnes over the month in February 2020

According to the latest USGS data, the United States in February 2020 extended its export volume of aluminium scrap by 3,000 tonnes to 149,000 tonnes. In January, the country’s aluminium scrap exports had come in at 146,000 tonnes after increasing by 6,000 tonnes or 4.28 per cent from 140,000...

The express growth of Georgia’s aluminium scrap export market during 2017-20
29 APR 20202MINS

The express growth of Georgia’s aluminium scrap export market during 2017-20

Georgia strategically located at the crossroads of trade and commerce between East and West. The country is ideally positioned to access markets of Asia and Europe, as well as the Middle East and the CIS countries. Young talent pool, business-friendly regulations, a favourable tax and customs...

China’s aluminium scrap imports in March climb 29.8% M-o-M
28 APR 20202MINS

China’s aluminium scrap imports in March climb 29.8% M-o-M

According to China customs data, China in March 2020 imported 77,000 tonnes of aluminium scrap, down 39.1 per cent year-on-year but up 29.8 per cent from February 2020. This brought China’s total aluminium scrap imports in the first three months of the year to 199,000 tonnes, down 40.1 per cent...

China’s bauxite imports in March jump 10.6% Y-o-Y to total at 10.01 million tonnes: Customs data
27 APR 20201MINS

China’s bauxite imports in March jump 10.6% Y-o-Y to total at 10.01 million tonnes: Customs data

Bauxite imports by China increased 10.6 per cent in March to total at 10.01 million tonnes from a year ago and also faster than 9.64 per cent growth rate in the January-to-February period, found China’s General Administration of Customs data. In the first two months of the year, China imported 18.4...

US aluminium output stands at 88,000 tonnes in February 2020; secondary recovery increases 3% MoM
26 APR 20201MINS

US aluminium output stands at 88,000 tonnes in February 2020; secondary recovery increases 3% MoM

According to the latest report from the US Geological Survey, US domestic primary aluminium production was 88,000 tonnes in February 2020. The average daily production stood at 3,030 tonnes, slightly less than that in February 2019. The output was slightly more than that in January. Total aluminium...

China issues sixth batch of aluminium scrap quotas for 2020 expanding permissible import amount
23 APR 20201MINS

China issues sixth batch of aluminium scrap quotas for 2020 expanding permissible import amount

According to a recent report from Shanghai Metals Market, China’s environmental authorities, on Thursday, April 23, have issued the sixth batch of aluminium scrap quotas for 2020, permitting additional 1,030 tonnes of high-grade aluminium scrap to enter China. This, together with the previous batch...

China's primary aluminium demand surges by 150,000-200,000 tonnes on weak scrap supply: Antaike
22 APR 20202MINS

China's primary aluminium demand surges by 150,000-200,000 tonnes on weak scrap supply: Antaike

According to Antaike’s report on Wednesday, April 22, China’s primary aluminium demand has surged by an extra 150,000 to 200,000 tonnes over the past one month, owing to aluminium scrap shortage caused by the coronavirus outbreak. Aluminium scrap supplies have weakened since the end of the Lunar...

US aluminium scrap exports to India stood down by 6.17% M-o-M in January’20, but edged higher by 61%  Y-o-Y
22 APR 20202MINS

US aluminium scrap exports to India stood down by 6.17% M-o-M in January’20, but edged higher by 61% Y-o-Y

United States Geological Survey report for January 2020 showed that the US in the said month exported 28,900 tonnes of aluminium scrap to India. This stood down month-on-month by 6.17 per cent, but when compared to the corresponding period last year, it edged higher by 61 per cent sharp. In...

Aluminium scrap shortage: Panic growing among European aluminium alloy producers
22 APR 20203MINS

Aluminium scrap shortage: Panic growing among European aluminium alloy producers

The aluminium scrap shortage panic has grown among the European aluminium alloy producers as they envisaged their pricing levels onwards the resumption of some automotive operations this week. As manufacturers like Volvo and Volkswagen has declared a restricted resumption of their facilities last...

The Aluminium scrap export market of Germany remains unstable during 2017-20
21 APR 20202MINS

The Aluminium scrap export market of Germany remains unstable during 2017-20

In the present time, aluminium is a widely used metal in various industries. The metal is lightweight, easy to process, and corrosion-resistant. Aluminium consumption is growing year by year. It is facilitated by the development of aluminium production technologies and the expansion of its scope....

China’s secondary aluminium operating rates in March rebound to 47.32%: SMM
20 APR 20202MINS

China’s secondary aluminium operating rates in March rebound to 47.32%: SMM

According to Shanghai Metals Market, China’s secondary aluminium operating rates in March rebounded 29.2 percentage points from February to come in at 47.32 per cent. But when compared to the same period last year, the operating rates stood 16.37 percentage points lower, learned SMM. Resumption of...

Hungary’s Aluminium scrap export shows growth during 2017-19: Estimated dip by 2.08% in 2020, while revenue generation rises by 7.35%
18 APR 20202MINS

Hungary’s Aluminium scrap export shows growth during 2017-19: Estimated dip by 2.08% in 2020, while revenue generation rises by 7.35%

The aluminium scrap export market of Central European nation Hungary during 2017-19 has remained very promising, as the total export volume during the period stood at 277,261 tonnes, while the revenue generation at the same time remained at $367.85 million. The total export of aluminium scrap for...

UAE’s exports of crude metal and alloys to US down 40% YoY in January
17 APR 20201MINS

UAE’s exports of crude metal and alloys to US down 40% YoY in January

The United Arab Emirates, one of the top aluminium exporters to the US, accounted for 8% of all aluminium imports by the US in January 2020. The UAE’s exports of crude metals and alloys to the US stood at 31,000 tonnes in January 2020, a decrease of 39.69% or 20,400 tonnes year-on-year. The UAE had...

ALUMINIUM CHINA Prepares for in-depth Discussion on the Future of China’s Recycled Aluminium Industry
16 APR 20202MINS

ALUMINIUM CHINA Prepares for in-depth Discussion on the Future of China’s Recycled Aluminium Industry

Preparations for ALUMINIUM CHINA 2020 are underway. World-leading aluminium producers, such as Novelis, Nikkeikin, CHALCO, Nanshan, and ALNAN, will exhibit with cutting-edge materials and experience in recycling sector. Meanwhile, leading aluminium recyclers Lizhong, Sigma and technology suppliers...

A00 aluminium ingot price extends growth to RMB12,000/t on supply shortage and increased consumption
16 APR 20202MINS

A00 aluminium ingot price extends growth to RMB12,000/t on supply shortage and increased consumption

A00 aluminium ingot price has extended growth today, on April 16, for the sixth day in a row to touch the level of RMB 12,000 per tonne, learned Shanghai Metals Market. Yesterday, the price was RMB 11,910 per tonne, which represents that today it has increased by RMB 90 per tonne. The average...

China allows 191,000 tonnes of aluminium scrap in its fifth batch of import quotas for 2020
14 APR 20202MINS

China allows 191,000 tonnes of aluminium scrap in its fifth batch of import quotas for 2020

China’s environmental authorities on April 10 reportedly issued the fifth batch of aluminium scrap import quotas for 2020 to allow additional 191,100 tonnes of high-grade aluminium scrap to enter China. With this, the total aluminium scrap imports allowed to China at present is 475,600 tonnes....

Canada’s total aluminium exports to the US up by 33% YoY in January
13 APR 20201MINS

Canada’s total aluminium exports to the US up by 33% YoY in January

Canada’s exports of total aluminium including scrap to the US stood at 220,000 tonnes in January 2020, an increase of 32.53% or 54,000 tonnes year-on-year. Canada had exported 166,000 tonnes to the US in January 2019, according to the latest Mineral Industry Survey report from the US Geological...