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...
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Assessing the potential impact of Guinea's fuel depot accident on China's bauxite imports
The recent accident in Guinea with the fuel depot happened back in the middle of December, but the impact on bauxite deliveries to China has not yet come through. China recorded an increase in bauxite imports in January. The month saw about 12 million tonnes brought in, mainly from Guinea and...
China’s aluminium product exports to the European Union under carbon tariff fell 30% in 2023
On Monday, February 5, the China Nonferrous Metals Industry Association communicated that aluminium product export from China to the European Union, covered by the carbon border tariff, fell 30 per cent Y-o-Y in 2023. The Association showed that China exported 689,000 tonnes of aluminium products...
Shandong Nanshan’s aluminium plate project marks its way into the 2024 green development project list
Shandong Development and Reform Commission recently released the list of key projects in 2024 focusing on green, low-carbon, and high-quality development in the region. A total of 3 projects were selected for the list, which included – high-end lightweight aluminium plate belt project of Shandong...
China’s A00 aluminium ingot price hikes to RMB18,770/t; Low carbon aluminium price adds RMB14/t
On Tuesday, February 6, China’s A00 aluminium ingot price hiked by RMB 40 per tonne to arrive at RMB 18,770 per tonne, with the average prices between RMB 18,750 per tonne and RMB 18,790 per tonne. The spot contract price may be traded at a discount price of RMB 20 to a premium price of RMB 20 per...
SAMI and Bentley’s digital twin tech is set to transform operations at Chalco's Zhongrun Aluminium smelter
To cope with the shifting operational paradigms of the aluminium industry, Chalco's Zhongrun Aluminium smelter embraced digital twin technology, a first-of-its-kind initiative. SAMI partnered with Bentley to address challenges in design, construction, and data integration. Shenyang Aluminium &...
AL Biz unveils the top 5 raw-material suppliers of the week
AL Biz is a pioneering force in the global aluminium marketplace, intricately weaving connections between myriad buyers and sellers within the dynamic aluminium value chain. At the heart of their operations lies the essential task of seamlessly uniting customers and sellers through vibrant queries,...
Unabating bauxite supply crisis in China knocks down domestic alumina output in January 2024
According to the Shanghai Metals Market, China’s metallurgical-grade alumina production in January 2024 (31 days) saw a 1.1 per cent dip month-on-month at 6.72 million tonnes. But on a year-on-year basis, the output grew by 5.5 per cent from 6.37 million tonnes. The daily average production stood...
SMM A00 aluminium ingot price dwindles by 2.95% M-o-M; Australian Alumina FOB price loses RMB6/t today
On February 5, today, the SMM aluminium A00 ingot price slumped by RMB 180 per tonne to close at RMB 18,730 per tonne, with the average prices ranging between RMB18,710 per tonne and RMB 18,750 per tonne. If we consider the SMM aluminium price on January 5, there can be witnessed a Month-on-Month...
China's aluminium industry spearheads green transition for a cleaner tomorrow
The ongoing trend in China is aligned with the global industry-wide push for carbon reduction. It signifies the Chinese aluminium industry's commitment to meeting the country's carbon reduction mandates for high-energy-consuming sectors. Renewable energy-sourced aluminium encompasses liquid and...
Chongqing University and other industry partners collaborate to spearhead China's Magnesium and Aluminum Alloy Large Castings R&D centre
In a ground-breaking collaboration, Chongqing University, Baowu Magnesium, and Chongqing Millison Technologies joined forces and inked a visionary agreement. Their collective endeavour aims to establish the China Magnesium and Aluminum Alloy Ultra-Large Castings Research and Development Centre. The...
Guizhou Liupanshui Shuangyuan supports the development of its recycled aluminium project
With the continuous development and growth of the aluminium processing industry in Liupanshui, Guizhou Liupanshui Shuangyuan Aluminium Company has decided to support the development of a recycled aluminium facility there. Tian Haijun, general manager of Guizhou Liupanshui Shuangyuan Aluminum,...
China’s A00 aluminium ingot price drops to RMB18,910/t; Low carbon aluminium price grows by RMB5/t
On Friday, February 2, China’s A00 aluminium ingot price dipped by RMB10 per tonne to settle at RMB 18,910 per tonne, with the average prices between RMB 18,890 per tonne and RMB 18,930 per tonne. The spot contract price may be traded at a discount price of RMB 40 to a premium price of RMB 0 per...
Global Giants: Unveiling the top 5 primary aluminium manufacturers in 2023
In 2023, the International Aluminium Institute (IAI) reported a 2.25 per cent annual increase in global primary aluminium production, reaching a total of 70.593 million tonnes by the end of December. However, this growth rate marked a slight slowdown compared to the previous year when the industry...
LME aluminium price hikes by US$5.5/t to US$2,232/t; SHFE price dips to US$2,644/t
LME aluminium opened at US$2,271.0 per tonne on Wednesday, with its low and high at US$2,261.0 per tonne and US$2,297.0 per tonne, respectively, before closing at US$2,285.0 per tonne, up 0.59 per cent. On Wednesday, January 31, both LME aluminium cash bid price and LME aluminium official...
China’s A00 aluminium ingot price falls to RMB18,920/t; Aluminium powder price dips by RMB0.1/kg
On February 1, 2024, China’s A00 aluminium ingot price lost RMB50 per tonne to settle at RMB 18,920 per tonne, with the average prices ranging between RMB 18,900 per tonne and RMB 18,940 per tonne. The spot contract price may be traded at a discount price of RMB 30 to a premium price of RMB 10 per...
Ghana popping up as a major bauxite supplier to China
Where does China get its bauxite from? Ask most industry people; the answer will likely be Domestic, Guinea and Australia. Other sources, such as Malaysia, are tiny, and Indonesia has disappeared from the import data. But another country has started to appear in the industry. The China team did a...
China’s SMM aluminium ingot price discards RMB600/t M-o-M; Alumina spot price soars by RMB3/t
On January 31, today, the SMM A00 aluminium ingot price in China has lowered by RMB 40 per tonne to close at RMB 18,970 per tonne, with the average prices hovering between RMB 18,950 per tonne and RMB 18,990 per tonne. On January 24, last week, the SMM aluminium price was RMB 18,980 per tonne,...
2023 world alumina production displays a Y-o-Y drop despite the bounce back in H2
According to the International Aluminium Institute survey, world alumina production in December 2023 stood at 12.298 million tonnes, bringing the whole year output at 141.924 million tonnes, slightly down from 142.23 million tonnes in 2022. Further introspection into global production The decline...
