Macro rate hike expectations bring periodic pressure, while destocking in China provides solid bottom support
Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....
Aluminium eggshells take on space debris with nearly 65% impact reduction
Researchers at Dalian University of Technology in China have tested a spacecraft protection structure made from water-filled aluminium eggshells, with the design reducing the velocity of an impact projectile by nearly 65 per cent. The research, published in the Journal of Applied Physics , looked...
Grow with
AL Circle
Meet the New President, Ai Xiaoming, to spearhead Changan Ford's operations
Ford China announced on May 6, 2024, that Ai Xiaoming has officially assumed the position of President of Changan Ford, reporting to the Board of Directors of Changan Ford. He Xiaoqing, the current President of Changan Ford, will retire on June 1, 2024. Ahead of his retirement, he will serve as a...
SHFE aluminium price heightens by US$13/t; LME aluminium market stays closed on May 6
The Shanghai Futures Exchange (SHFE) aluminium benchmark price has inched up by US$13 per tonne or 0.45 per cent on May 7, halting at US$2,864 per tonne. Overnight, the most-traded SHFE 2406 aluminium contract opened at RMB 20,720 per tonne, with the highest and lowest prices at RMB 20,830 per...
China’s average alumina spot price skyrockets by RMB65/t; A00 aluminium ingot price expands by RMB2100/t Y-o-Y
On Tuesday, May 7, the average alumina spot price in China surged by RMB 65 per tonne to settle at RMB 3,566 per tonne. According to the SMM data, the prices have shown growth in all the provinces, with the highest in Lianyungang, where they have skyrocketed by RMB 100 per tonne to reach RMB 3,620...
Press Metal focuses on extrusion business: Begins supplying battery casings to Chinese firms and completes new extrusion line in Malaysia
Press Metal Aluminium Holdings Bhd’s extrusion plant in China has reportedly started supplying aluminium battery casings and car bumpers to vehicle manufacturers in the mainland. The news came after Tan Sri Koon Poh Keong, Press Metal’s chief executive officer, announced it officially. He also...
US solar manufacturers file petition for antidumping investigation against Chinese-headquartered companies
The American Alliance for Solar Manufacturing Trade Committee has reportedly appealed for antidumping investigation and countervailing duties against China-manufactured solar cells and panels with the US International Trade Commission (USITC) and the US Department of Commerce. The American Alliance...
China’s alumina spot price reaches more than two-year high above RMB3500/t; A00 aluminium ingot price grows by RMB10/t
China’s domestic average alumina spot price has resumed from the Labour Day holiday from May 1 to 5 with a hike of RMB 50 per tonne. The tightening supply and improving demand have continued to boost the alumina price, marking the eighth consecutive day of rise. According to the Shanghai Metals...
COSCO Shipping's "Green Water 01" redefines maritime sustainability standards
COSCO Shipping, a Chinese state-owned enterprise, has unveiled what it heralds as the "world's largest" electric container ship capable of navigating river to sea. Named the Green Water 01, this vessel surpasses the 10,000-ton mark, marking a significant milestone in advancing sustainability within...
14 countries under scrutiny by US Department of Commerce for dumping aluminium extrusions
On May 2, 2024, the US Department of Commerce released a preliminary list of aluminium extrusion producers and exporters who sold their products at less than legitimate value in the United States. Those producers and exporters are primarily from China, Colombia, Ecuador, India, Indonesia, Italy,...
Dongyangguang's low-carbon high-end battery aluminium foil project to begin by June
Embarking on a transformative journey towards sustainability, Dongyangguang prepares to inaugurate its inspirational low-carbon, high-end battery aluminium foil project. Set to redefine industry standards; this endeavour emphasises the fusion of innovation and eco-consciousness in modern...
Aluminium recycling: Promoting circular economy and environmental responsibility
The global heavy metal industry is undergoing a significant transformation. It is prioritising the use of recycled materials to eradicate carbon emissions and promote sustainable practices. In response to escalating environmental concerns and climate volatility, international heavy metal brands are...
OYAK's investment propels Almatis to expand production in China
OYAK has announced a strategic investment in China for its subsidiary, Almatis, a global leader in specialised alumina products and solutions. This investment aims to bolster Almatis' capabilities by increasing its calcined alumina production capacity from 50,000 to 100,000 tonnes. The expansion is...
China’s alumina & primary aluminium production reflected significant growth in Q1 2024
The Aluminum Branch of the China Non-Ferrous Metals Industry Association convened a symposium on April 16. The conference was organised for key aluminium enterprises highlighting the operational aspects of the industry for 2023 and the first quarter of 2024. Focus of the conference Regarding...
China’s alumina and bauxite imports record M-o-M growth in March 2024
According to China Customs data, the country’s alumina exports in March 2024 amounted to 144,100 tonnes, bringing the total exports in the first three months of the year to 421,600 tonnes. China’s alumina imports were 303,800 tonnes in March 2024, which reflected an increase of 3.97 per cent...
Henan Nonferrous Aluminum Processing Association welcomes Liu Jie as the new President
At the Seventh Member Representative Meeting of the Henan Nonferrous Aluminum Processing Association, Liu Jie, the General Manager of Mingtai Aluminum, was elected as the new President of the China-based association. Sixty-one representatives from 29 member enterprises actively participated in this...
China Hongqiao Group achieves modest revenue growth of 1.5% with increased sales in aluminium and alumina
China Hongqiao Group Limited, one of the world's largest aluminium producers , released the audited consolidated annual results for the Company and its subsidiaries, covering the fiscal year ending December 31, 2023. According to Antaike's statistics, global primary aluminium output reached around...
March 2024 alumina production recovery worldwide fails to offset Q1 decline
In the first quarter of 2024, which concluded on March 31, global alumina production slowed down over a quarter, primarily attributed to a significant decline in China's alumina output. Even a month-on-month recovery in China's alumina production in March 2024 failed to mitigate the overall decline...
China’s alumina spot price keeps growing, adds RMB31/t; SMM A00 aluminium ingot price plunges by RMB60/t
China’s average alumina spot price has remained bullish with an addition of RMB 31 per tonne to close at RMB 3,451 per tonne, while the alumina price in Lianyungang has gained RMB 50 per tonne to reach RMB 3,415 per tonne. The alumina prices in Shandong and Shanxi have both scored RMB 40 per tonne...
Industrial profit slide in March raises questions about China's economic recovery pace
According to official data released on April 27, 2024, industrial profits in China fell short in March and showed reduced growth for the quarter compared to the preceding two months. This raises concerns about the robustness of the recovery in the world's second-largest economy. In the first...
