Shares of Aluminum Corporation of China (Chalco) rallied during the latest trading session after investors responded positively to plans by its parent company to increase its shareholding, alongside improving aluminium market fundamentals. The company's Hong Kong-listed shares gained 6.28 per cent...
Shares of Aluminum Corporation of China (Chalco) rose on Monday after its controlling shareholder, Aluminum Corporation of China (Chinalco), announced plans to increase its stake in the state-owned aluminium producer by up to USD 300 million (CNY 2 billion), reflecting confidence in the company's...
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<p>A00 ingot prices got a boost in all major China markets on the back of aluminium capacity cut news buzzing in the market. It was also fuelled by Rusal’s estimate published yesterday that says winter cuts by Chinese government may result in an annualized production loss of 1.2 million...
<p>The prices of A00 Aluminium Ingot inched higher across major China markets though there was no fresh news of domestic aluminium output cut after Xinjiang and Shandong. The demand for the metal is estimated to drop in the fourth quarter of the current financial year, when focus will be primarily...
<p>Chinese aluminium giant Chalco reported an increase in revenue and profit in the first half of 2017. The company intends to become the biggest aluminium semis producer worldwide this year, reported by Shanghai Metals Market.</p> <p><img style="vertical-align: middle; display: block; margin-left:...
<p>The prices for A00 Aluminium Ingot for all major China markets (North, South, North-East and South-West) have registered a rise today, on July 20, after yesterday’s drop on July 19. The revised prices for the commodity are as follows:</p> <p style="text-align: center;"><img...
<p>China Aluminum International Trading Co. (Chalco Trading) has hiked aluminium prices it offered in major markets for two consecutive days. A00 Aluminium ingot is on a bullish trend in the Chinese markets.</p> <p>Unit: yuan/tonne</p> <p style="text-align: center;"><img...
<p>LME aluminium after staging a reversal last Friday, June 30, is rising at a moderate pace. The lightmetal contract closed at US$1,917.50 per tonne after night trading on Monday, July 3, up from US$1,908.50 on June 30.</p> <p>Shanghai Metals Market forecasts that LME aluminium will...
<p>Primary aluminium ingot prices edged higher across major China markets. As on Monday, June 19, A00 aluminium ingot price in North China ranges between RMB 13,540-13,560 per tonne; average price stands at RMB 13,550 per tonne, up 0.44 per cent from its previous price of RMB 13,490 per tonne.</p>...
<p>Primary aluminium ingot prices edged higher across major China markets. As on June 16, A00 aluminium ingot price in North China is ranging between RMB 13,480-13,500 per tonne; average price is RMB 13,490 per tonne, up 0.75 per cent from its previous price.</p> <p>The price of A00 aluminium ingot...
<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;"...
<p>After declining through the first fortnight of May, alumina prices in China have registered a gain and currently remain flat throughout all the major markets.</p> <p>As on May 19 2017, as reported by Shanghai Metals Market; the average spot alumina price in South China market stands at RMB...
<p>Alumina prices in China declined below the average national cost price. Aluminium producers and traders have been into active purchasing. Alumina market participants were enthusiastic driven by falling alumina prices. Some aluminium enterprises restocked their inventories.</p> <p><img...
<p>Bauxite production and alumina refining capacity have increased immensely across the major alumina producing regions of the world. Aluminium production has skyrocketed in Asia in the last one decade and China is currently producing about 53% of the total aluminium production. This gives a clear...
<p>China Aluminum International Trading Co. (Chalco Trading) cut aluminium prices it offered in major markets on Thursday, May 11.</p> <p>The price details are as follows:</p> <p>Unit: yuan/tonne </p> <p><img style="vertical-align: middle;"...
<p>LME aluminium could not hold ground after closing at US$1,915.50 per tonne on Tuesday, April 18, the first trading day after the Easter Holidays. The light metal contract staged a technically rally during night trading on Wednesday, April 19, only to end at US$1,895.50 per tonne, down 1.04 per...
<p>Aluminum Corporation of China Limited (Chalco), a state-controlled leading producer of alumina and primary aluminium in China, reported its full-year result for the financial year ended 31 December, 2016. The aluminium giant's net profit more than doubled for the year under review. This marks...
<p>China is one of the world’s top alumina producers and a leading supplier of alumina to the global primary aluminium industry. China has around 60 million tonnes of alumina capacity but produced around 47.3 million tonnes of the aluminium-making ingredient from January to October last year....
<p>The dynamics of the global alumina industry has undergone a sea-change over the last five years. Driven by a humongous demand for aluminium in China, followed by other growth areas such as the Middle East and India, bauxite production and alumina refining capacity has increased immensely across...
<p>As if Trump's win in the U.S. Presidential elections and speculations over possible Fed rates hike were not enough to weigh on the LME aluminium prices that Fed Chairwoman Janet Yellen joined in to deliver a speech in a 'hawkish' tone on Thursday. Result - the US dollar index which was already...
