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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Average cost of China’s alumina industry in Nov’23 records M-o-M plunge of RMB38.61/t
Based on data provided by Baichuan Yingfu, the average tax-inclusive total cost of China's alumina industry in November 2023 was RMB 2685.91 per tonne. This is a drop of RMB 38.61 per tonne compared to October 2023, a month-on-month decline of 1.42 per cent and a year-on-year decline of 3.80 per...
Shenyang Aluminum-Magnesium Institute’s water treatment process included in the Industrial Water-Saving Technology list
The Shenyang Aluminium and Magnesium Institute (SAMI) has successfully developed a cutting-edge process for treating fluorine-containing production wastewater and rainwater at the electrolytic aluminium plant. This remarkable achievement has led to SAMI's inclusion of their process in the Catalogue...
Qinghai Guoxin Aluminium Industry manufactured its first batch of 7M55 aluminium rods
After multiple rounds of research, development and trial production, Qinghai Investment Guoxin Aluminium Company successfully manufactured high-performance, high zinc, and high copper aluminium alloy 7M55 cast rods on December 4th. 7M55 is a recently developed aluminium alloy brand that clients of...
China’s unwrought aluminium alloy imports in Oct’23 grow 17.5% M-o-M buoyed by outstanding orders
According to the China customs data, China’s unwrought aluminium alloy imports in October 2023 were recorded at 108,900 tonnes, up 17.5 per cent M-o-M and 9.2 per cent Y-o-Y. From January to October 2023, total imports stood at 907,800 tonnes, reflecting a 15.9 per cent fall Y-o-Y. China’s export...
Chinalco’s President Zhu Runzhou identifies three major strategic options for China’s aluminium industry
On December 6th, the Aluminum Branch of the China Nonferrous Metals Industry Association held the "2023 Aluminum Industry Chain Market Operation Analysis Report Conference" in Nanning. Zhu Runzhou, President of China Aluminum Corporation, presented three opinions during his speech. China's...
Guinea’s bauxite exports to China are up 60.5% Y-o-Y in Oct’2023 despite rain-delayed shipments
According to China customs data, China’s bauxite imports in October 2023 stood at 11.1273 million tonnes, reflecting a month-on-month increase of 11 per cent and a year-on-year hike of 23.97 per cent. Guinea was the highest exporter of bauxite to China in the said month, supplying 7.084 million...
Funing County to experience a leap in electricity consumption with green aluminium projects as the driving force
Funing County, located in Yunnan Province, has recently released the "14th Five Year Plan" for Energy Development related to the region. According to this plan, Funing County is projected to significantly increase electricity consumption, with green aluminium projects as the driving force behind...
China aluminium market overview: While the industry grapples with downward prices and demand, auto sales growth adds a silver lining
The prevailing demand deficit for primary aluminium in China continued to affect domestic prices throughout November 2023. Slow metal supply across the market due to production cuts at Yunnan, resulting in rapid inventory fall, could not cast much positive impact on prices. However, it is believed...
Chinalco Zhengzhou and Tianchen Xinyuan begin a strategic partnership for clean energy solutions
On December 5, two Chinese companies, Chinalco Zhengzhou Enterprise and Henan Tianchen Xinyuan Environmental Protection Technology Research Institute Co., Ltd., signed a strategic framework and new green energy supply technology and equipment cooperation agreement. This agreement signifies an...
China’s A00 aluminium ingot price surges by RMB180/t to RMB18,630/t; Low carbon aluminium price hikes by RMB186/t
On Thursday, December 14, China’s A00 aluminium ingot price has hiked by RMB 180 per tonne to settle at RMB 18,630 per tonne, with the average prices standing between RMB 18,610 per tonne and RMB 18,650 per tonne. As per the SMM data, the spot contract price may be traded at a discount price of RMB...
China-based Gansu Hongda Aluminum entered the First List of Provincial "White List" Enterprises
China-based manufacturer of aluminium plastic goods, Gansu Hongda Aluminium Profile, made its way into the First List of Provincial "White List" Enterprises with Strong Industries. The Gansu Provincial Department of Industry and Information Technology Notice on Publishing, the First List of...
SMM aluminium price plummets by RMB980/t Q-o-Q; China’s aluminium output forecast for December seems steady
If we follow the SMM price chart, we can see that the Chinese aluminium market has not seen extreme growth in 2023; instead, the prices stayed around the average of RMB 18,000 per tonne, with a slight recovery on April 20, when the price stood at RMB 19,110 per tonne. Today, on December 13, the SMM...
LME aluminium benchmark price gains US$8/t to US$2,090.5/t; SHFE price hikes by US$12/t
LME aluminium opened at US$2121 per tonne yesterday, with its high and low at US$2143 per tonne and US$2116 per tonne, respectively, before closing at US$2124 per tonne, flat from the previous trading day. On Tuesday, December 12, both LME aluminium cash bid price and LME aluminium official...
Aluminium China 2024: Embrace diversity and innovation! Register now!
Aluminium China is Asia's premier trade show and B2B platform for the aluminium industry, encompassing its primary application sectors. The event brings together cutting-edge products, innovative technologies, advanced processes, and prospective applications across the entire aluminium value chain....
Hongcheng Aluminum Industry passed the evaluation test carried out by Integration of Industrialization and Informatization
Hongcheng Aluminum Industry, the China-based company, recently passed the National Ministry of Industry and Information Technology's Information and Industrialization Integration (referred to as "Integration of Industrialization and Informatization") management system evaluation. They also...
2024 forecast on China's car sales suggests the transportation sector to be the driving force for aluminium demand
According to the data released by the China Automobile Association, China’s automobile production and sales in November 2023 increased month-on-month by 7 per cent and 4.1 per cent, respectively, to stand at 3.093 million units and 2.97 million units. On a year-on-year calculation, they stood...
China’s A00 aluminium ingot price grows to RMB18,440/t; Low carbon aluminium price surges by RMB87/t
On Tuesday, December 12, the A00 aluminium ingot price in China gained RMB 60 per tonne to clock at RMB 18,440 per tonne, with the average prices expected to stand between RMB 18,420 per tonne and RMB 18,460 per tonne. The spot contract price may be traded at a discount price of RMB 70 to RMB 30...
China’s daily alumina production in November 2023 exceeds SMM estimation of 223,000 tonnes
According to the Shanghai Metals Market survey, China's metallurgical-grade alumina production in November 2023 recorded a further M-o-M decline to stand at 6.745 million tonnes. The output decreased by 1.44 per cent over a month from 6.842 million tonnes. But the daily average output stood 1.86...
