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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Xingxian Economic Development Zone inks deal for 150,000 tonnes automotive aluminium profiles project
On December 26th, a momentous signing ceremony occurred between China-based Xingxian Economic Development Zone and Shanghai Xinying Chain Management Co., Ltd., marking the commencement of a transformative project focused on producing 150,000 tonnes of new energy automobile parts and aluminium...
Chinalco pioneers new mining company in Xiongan with whopping RMB 2 billion capital injection
On December 18th, Aluminum Corporation of China (CHINALCO) disclosed its intention to collaboratively invest RMB 2 billion with its controlling shareholder, Chinalco Group, along with subsidiary entities such as China Copper and Chinalco Capital Holdings. The objective was to establish a new entity...
Nanshan Aluminium's renewable resource project gears up for trial run
China-based Shandong Nanshan Aluminium Co., Ltd, primarily involved in the production and distribution of various aluminium products, has made strategic investments in the establishment of Longkou Nanshan Renewable Resources Co., Ltd.As part of the company's commitment to sustainability, some...
LME aluminium benchmark price contracts by US$20/t to US$2,235.5/t; SHFE price loses US$20/t
LME aluminium opened at US$2,304 per tonne yesterday, with high and low at US$2,316.5 per tonne and US$2,269 per tonne, respectively, before closing at US$2,285 per tonne, a decrease of US$21 per tonne or 0.91 per cent. On Thursday, January 4, aluminium prices experienced a decline as worries...
AL Biz Welcomes Shanghai AIYIA Industrial Co.: Your gateway to quality aluminium coils, sheets, and ACP solutions
Shanghai AIYIA Industrial Co., Ltd. stands as a distinguished supplier of metal raw materials, specialising in providing high-quality aluminium coils, sheets, and ACP. Situated in Shanghai, the economic heart of China, the company boasts a comprehensive range of steel and aluminium products that...
Henan Mingtai Aluminum sells 106,200 tonnes of aluminium sheet with foil
According to a report on January 4, 2024, Henan Mintai Aluminum Industrial successfully sold 106,200 tonnes of aluminium sheet with foil in December 2023. The news came after the company said in a Thursday disclosure. In the same month, Henan Mintai Aluminum produced 109,500 tonnes of the material....
Pinnacle of progress: Xingfa Aluminum earns top accolade at 2023 Invention Innovation Awards
Recently, the China Invention Association announced the winners of the "2023 Annual Invention Innovation Award". Among the participating units was Xingfa Aluminum, which successfully completed the scientific research project titled "New Energy Vehicle Lightweight Parts Efficient Intelligent Design...
China’s aluminium billet inventories begin 2024 on a higher note above 80,000 tonnes
The beginning of 2024 is witnessing growth in China’s aluminium billet inventories, reaching 82,000 tonnes. Until January 4, 2024, China’s social inventories of aluminium billets have encountered two back-to back hikes. The first increase this year was on January 2 by about 13,300 tonnes to 77,400...
SMM alumina spot price continues to move northward, reaching RMB3257/t; A00 aluminium ingot price loses RMB 130/t
The average alumina spot price in China has been following the growth trajectory since December 18, following the fuel blast deposit in Guinea . The explosion had sparked concern about a potential shortage of bauxite, affecting the alumina production in China. This has raised the buying enthusiasm...
SMM’s preliminary estimation suggests a 3.6% growth in China’s 2023 aluminium output
The Shanghai Metals Market data has estimated that China's domestic aluminium production in December 2023 would be around 3.56 million tonnes, reflecting a year-on-year rise of 3.5 per cent and a month-on-month increase of 2.06 per cent. For the entire year, the estimation is 41.5 million tonnes of...
Fuel depot explosion in Guinea - probing its impacts on Chinese alumina production and prices
The fuel depot explosion in Conakry, Guinea, just before the year 2023 ended caused fuel sale restrictions, leading to transportation disruption. That led to a fret about bauxite availability in China, given that Guinea is the largest exporter of bauxite ore to China. The incident even led to...
China’s alumina spot price keeps gaining pace; adds RMB56/t today; SMM aluminium price skyrockets RMB1210/t Y-o-Y
China’s alumina spot price has levitated by RMB 56 per tonne to clock at RMB 3,210 per tonne, whereas the alumina price in Guizhou has gained RMB 85 per tonne to close at RMB 3,200 per tonne. In Henan and Guangxi, the alumina spot prices have jumped up the graph by RMB 70 per tonne, stopping at RMB...
Chinalco Materials Institute takes center stage in National R&D plan for aluminium innovations
China's Ministry of Science and Technology has declared the approval of the "new ultra-high strength and toughness fatigue and damage resistance aviation aluminium alloy sheet key technology" project, which the Chinalco Materials Institute led. This is the only critical project led by the...
China’s aluminium processing industry PMI contracted in December 2023
Based on the Shanghai Metals Market survey of 123 Chinese aluminium processing enterprises, composite PMI (Purchasing Manager’s Index) for aluminium processing industry was 43.6 per cent in December 2023, down from 47.3 per cent in November. The PMIs for aluminium plate/sheet and strip processing,...
Chinese alumina price begins 2024 with a new high since a year standing above RMB3150/t; A00 aluminium ingot price resists growth
China’s average alumina spot price has continued to grow over the New Year weekend to kickstart 2024 at RMB 3,154 per tonne on Tuesday, January 2. According to the Shanghai Metals Market, the price has surged by RMB 35 per tonne since Friday, marking a week-on-week hike of RMB 128 per tonne from...
AL Biz expands clientele: Welcomes Hebei Yunai New Material into elite circle of B2B aluminium sellers
Hebei Yunai New Material Technology Co., Ltd. stands as a prominent player in the realm of graphite products, aligning its focus with the production, research, and sales of items crucial to the aluminium industry. AL Biz has performed a ground-breaking move by adding Hebei Yunai New Material to its...
Yunnan Qiya bags the environmental and quality system certification from China Classification Society
Yunnan Qiya Metal Co., Ltd., a Sichuan Qiya Aluminium Industry Group subsidiary, recently received environmental and quality system certification from the China Classification Society. With the issue of these two certifications, Yunnan Qiya goods now enjoy a "green pass" in international trading....
Hebei Yunai New Material Technology strengthens its market presence by joining AL Biz
Hebei Yunai New Material Technology Co., Ltd. specializes in graphite production, research, development, and sales. With eight advanced production lines boasting an annual capacity of 200,000 tons and well-equipped testing rooms for product content evaluation, the company is committed to stringent...
