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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Henan Calgon Carbon Co. chooses AL Biz as the gateway to amplify reach in the graphite electrode and calcined petroleum coke markets
Henan Calgon Carbon Co., Ltd., the foreign trade department of Henan KFCC Carbon Co., Ltd, has recently joined the AL Biz, the world's 1st B2B online marketplace that connects millions of buyers and sellers across the entire aluminium value chain, showcasing its expertise as a leading supplier of...
China’s A00 aluminium ingot price declines by RMB570/t M-o-M; Aluminium powder price inches down to RMB21.4/kg
On Tuesday, January 30, China’s A00 aluminium ingot price dropped by RMB 80 per tonne to settle at RMB 19,010 per tonne, with the average prices between RMB 18,990 per tonne and RMB 19,030 per tonne. As per the data, the SMM aluminium ingot price decreased by RMB 570 per tonne M-o-M from RMB 19,570...
China’s annual unwrought aluminium alloy imports edge a decline of 11.4% during 2023
In December 2023, China’s unwrought aluminium alloy imports stood at 112,900 tonnes, reflecting a slight rise of 1 per cent over a month, showed China customs data. On a year-on-year basis, the December imports edged a hike of 22.3 per cent, bringing the total imports through 2023 to 1.1325 million...
China’s alumina spot price reaches its 2-year high with a gain of RMB5/t; A00 aluminium ingot price loses RMB30/t
According to the Shanghai Metals Market data, China's average alumina spot price has gained RMB 5 per tonne over the weekend to reach RMB 3,351 per tonne on Monday, January 29. The price stands at its highest point in the past two years. December 2, 2021, was the last time the Chinese alumina spot...
China's Xinhao Co. joins AL Biz to expand its global reach
Xinhao Co., Limited, a prominent manufacturer specialising in Silicon Metal, Electrolytic Manganese Flakes, and Magnesium Ingot, has officially joined AL Biz, the world's 1st B2B online marketplace that connects millions of buyers and sellers across the entire aluminium value chain showcasing its...
China’s 2023 aluminium wheels exports reflect a mediocre growth owing to slow economy & anti-dumping policies
According to China customs data, China’s aluminium wheels exports amounted to 72,600 tonnes in December 2023, reflecting a month-on-month fall of 6 per cent but a year-on-year hike of 9 per cent. The total export volume through the year, thus, stood at 934,000 tonnes, up by 58,500 tonnes from the...
China’s A00 aluminium ingot price climbs up RMB210/t overnight; Aluminium alloys prices mirror the upward movement
According to the Shanghai Metals Market survey, the domestic A00 aluminium ingot price has surged by RMB 210 per tonne over night to exceed RMB 19,000 per tonne. On Friday, January 26, the week closed at RMB 19,120 per tonne versus RMB 18,910 per tonne on January 25. Thus, on a week-on-week basis,...
ASI certifies China Hongqiao Group’s two subsidiary aluminium rolling facilities against Performance Standard Certification
Aluminium Stewardship Initiative has reportedly certified China Hongqiao Group Co., Ltd. against the Performance Standard V3 (2022) Certification for designing and producing aluminium and aluminium alloy high-precision foil at two of its subsidiaries in Shandong, China. Weihai Chenxin New Material...
Environmental leadership: China's Top 5 sustainable projects that took 2023 by storm
Aluminium, the second most utilised metal worldwide, holds diverse and foundational applications, from electrical transmission to defence and construction. Notably, aluminium is a crucial input in manufacturing goods that contribute to emissions reduction, such as electric vehicles and...
Zhengzhou Xinli Wear-resistant Materials Co. strengthens its position in the market by joining AL Biz
Established in 1996, Zhengzhou Xinli Wear-resistant Materials Co. Ltd. stands as a trailblazer in producing and supplying top-notch wear-resistant materials has recently joined AL Biz, the world's 1st B2B online marketplace that connects millions of buyers and sellers across the entire aluminium...
LME aluminium price expands for the second day in a row, reaching US$2,207.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,231 per tonne yesterday, with its high and low at US$2,268 per tonne and US$2,222 per tonne, respectively, before closing at US$2,222 per tonne, down US$10 per tonne or 0.45 per cent. On Wednesday, January 24, both LME aluminium cash bid price and LME aluminium official...
China’s aluminium wire and cable export volume records an 8% growth through 2023, but export value manifests otherwise
China’s aluminium wire and cable exports in December 2023 amounted to 17,000 tonnes, reflecting a year-on-year increase of 25 per cent and a month-on-month downfall of 9 per cent, showed China customs data. The value of the export was $50.14 million, down 8 per cent M-o-M and up 16 per cent Y-o-Y....
Revived momentum in H2 2023 global primary aluminium production propels annual output above 70 million tonnes
The world primary aluminium production has recorded an annual increase of 2.25 per cent for 2023, reaching 70.593 million tonnes at the end of December, found the International Aluminium Institute (IAI). However, compared to the previous year, the growth rate has decreased in 2023. In 2022, the...
China’s alumina spot price adds RMB5/t; SMM A00 aluminium ingot price expands by RMB70/t Q-o-Q
The alumina spot price in China has inflated by RMB 5 per tonne to close at RMB 3,345 per tonne, while the alumina spot price in Shandong has gained RMB 15 per tonne to close at RMB 3,245 per tonne. In Guizhou, the alumina price has levitated by RMB 20 per tonne to rest at RMB 3,335 per tonne. The...
Asia-Pacific Technology plans to construct its much-awaited aluminium manufacturing project for e-vehicles
Asia-Pacific Technology recently concluded its 18th meeting of the 6th Board of Directors on January 12, 2024. During the meeting, the board reviewed and approved the Proposal on Signing the Investment Agreement and Venturing into Overseas Investments. The chosen site for this avant-garde project...
Baotou Aluminium achieves milestone: Secures 2023 Energy Management System Certification
Baotou Aluminum recently achieved the 2023 Energy Management System Certification, with Fangyuan Logo Certification Group set to conduct the external audit. A comprehensive evaluation of Baotou Aluminium's overall energy consumption was also undertaken. Leading the charge in the audit were Ma...
Henan Foshan Aluminum Technology soars to new heights with AL Biz for unprecedented business expansion
Henan Foshan Aluminum Technology has recently joined AL Biz, the world's 1st B2B online marketplace that connects millions of buyers and sellers across the entire aluminium value chain. Henan Foshan Aluminum stands at the forefront of the aluminium industry in China and is recognised for its...
China’s A00 aluminium ingot price loses RMB80/t to RMB18,850/t; Alumina price adds RMB4/t
On Tuesday, January 23, China's A00 aluminium ingot price dropped by RMB 80 per tonne to stand at RMB 18,750 per tonne, with the average prices ranging between RMB 18,730 per tonne and RMB 18,770 per tonne. The spot contract price may be traded at a premium price of RMB 40 to RMB 80 per tonne. As...
