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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China’s November 2023 aluminium production dips 4.2% M-o-M due to output cuts in Yunnan, as was expected
Yunnan’s aluminium production shutdowns due to the ongoing dry season have resulted in lower aluminium output in November 2023. According to the Shanghai Metals Market survey, China’s aluminium production in the said month stood at 3.488 million tonnes, down by 4.2 per cent from 3.641 million...
ASI accredits Shandong Yuhang Special Alloy Equipment with the Performance Standard V3 certification
Shandong Yuhang Special Alloy Equipment Co., Ltd has received ASI Performance Standard V3 (2022) Certification for its Zouping, China factory. The factory has an annual capacity of 150,000 tonnes of aluminium alloy industrial profiles, 250,000 tonnes of ingots, and 10,000 tonnes of deep-processed...
Southwest Aluminum conducts feasibility study review meeting for its extrusion project
The feasibility study review meeting for Southwest Aluminum's super-large and high-performance aluminium alloy extrusion product line project was conducted on December 1st at the Aluminium City Hotel. The expert panel assessed and evaluated the project's feasibility study report, and the project...
Baotou Aluminium bags the "Product Carbon Footprint Certificate" for two of its products in a row
Baotou Aluminium Industry's cast aluminium alloy ingots have passed the China Quality Certification Centre's evaluation and certification test. Each kilogram of cast aluminium alloy ingot has a carbon footprint value of 14.87 kilograms of carbon dioxide equivalent, which fulfils national green...
China’s A00 aluminium ingot price marks a W-o-W fall of 1.7% on not-so-stable consumption
The unstable consumption pattern of China’s domestic aluminium ingot has pushed the A00 aluminium ingot price further down on Monday, December 11, 2023, found the Shanghai Metals Market. As per the official data, the price has plunged by RMB 140 per tonne over the weekend to stand at RMB 18,380 per...
Declining inventory pulled up the LME aluminium price to US$2,111/t; SHFE price contracts by US$25/t
LME aluminium opened at US$2137 per tonne last Friday, with its high and low at US$2161.5 per tonne and US$2130 per tonne, respectively, before closing at US$2134 per tonne, up 0.14 per cent. On Friday, December 8, both LME aluminium cash bid price and LME aluminium official settlement price grew...
China’s aluminium ingot inventories are depleting faster than expected; SMM expects 2023 to round up at 500,000 tonnes
According to the Shanghai Metals Market survey, China's domestic aluminium ingot inventories are decreasing faster than expected. The estimated reason is the production cut in Yunnan, resulting in slower arrivals of stocks to warehouses. As per the data shown on December 7, the inventories halted...
Weifang Guanghua Aluminum completes trial run on 3600-tonne aluminium extruder
Weifang Guanghua Aluminum Co., Ltd. completed the trial production of its 3,600-tonne large-scale extruder on November 29th, 2023. The smooth and slow extrusion of the first large-scale industrial material from the extruder marked a significant milestone for the company. This new addition will help...
Chinalco secretary visits Henan Energy to mitigate strategic relations between the two companies
Ma Zhenglan, the secretary of the Party Committee and the chairman of Henan Energy, held a meeting with Shi Zhirong, the secretary of the Party Committee of Chinalco, on November 28. During the meeting, both parties emphasised the importance of enhancing communication and collaboration, working...
Yunnan Aluminium bags the ‘2022 Golden Letter Award’ for its unwavering support towards ESG practises
Yunnan Aluminium, the China-based company primarily engaged in bauxite mining and aluminium smelting, was honoured with the "ESG Golden Bull Award Top 50 Central Enterprises" and "Golden Information Disclosure Award." Yunnan Aluminium also received the "2022 Golden Letter Award" for its exceptional...
China’s A00 aluminium ingot price slips to RMB 18,480/t; Aluminium powder price inches down by RMB0.1/kg
On Thursday, December 7, China’s A00 aluminium ingot price has fallen by RMB 80 per tonne to clock at RMB 18,480 per tonne. The prices have dropped in all the provinces, with the highest in Gongyi and Foshan, where it has dipped by RMB 100 per tonne to clock at RMB 18,590 per tonne. In Hangzhou,...
ASI grants Performance Standard V3 and CoC Standard V2 Certification to V Global
V Global Manufacturing Limited's facility in Dehua County, Fujian Province, China, has received ASI Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for the production of aluminium alloy building profiles, industrial aluminium alloy extrusion profiles,...
Yunnan Aluminium and Volvo Cars (Asia-Pacific) come together to curb carbon footprint in automobile industry
Yunnan Aluminium Co., Ltd. and Volvo Cars (Asia-Pacific) Investment Holding Co., Ltd. have reportedly inked a memorandum of cooperation on the sustainable aluminium value chain. On November 28, the companies signed the contract at the first China International Supply Chain Promotion Expo in the...
LME aluminium benchmark price drops by US$27/t to US$2,121.5/t; SHFE price moves down to US$2,599/t
LME aluminium opened at US$2,185 per tonne yesterday, with its high and low at US$2,186.5 per tonne and US$2,150.5 per tonne, respectively, before closing at US$2,165.5 per tonne, down US$34.5 per tonne or 1.57 per cent. On Tuesday, December 5, both LME aluminium cash bid price and LME aluminium...
China’s SMM A00 aluminium price registers lowest price today at RMB18560/t; Low-carbon aluminium sheds RMB1/t
The Shanghai Metals Market, on December 6, has seen fluctuations in aluminium prices, with the SMM A00 aluminium ingot price remaining stagnant at RMB 18,560 per tonne. The average aluminium prices have circulated between RMB 18,540 per tonne and RMB 18,580 per tonne. The SMM aluminium price has...
Chinese high-strength aluminium alloys producer Binzhou Regal joins ASI
On December 3, 2023, Aluminium Stewardship Initiative announced the joining of Binzhou Beihai Regal Advanced Material Co.,Ltd. as a new Production and Transformation member. Established in 2017, Binzhou Beihai Regal Advanced Material Co.,Ltd. is a wholly-owned subsidiary of Shanxi Regal Metal New...
Huajian Aluminum gets featured in the “2023 Shandong Provincial Intelligent Manufacturing List”
The Department of Industry and Information Technology of Shandong Province recently released the list of intelligent manufacturing scenarios at the provincial level in 2023. Among the honoured companies is Huajian Aluminum Industry, which was recognised for its "Intelligent Logistics System for...
Aluminium industry's net zero ascent: Insights from WEF's 2023 Industry Tracker
The World Economic Forum (WEF) has released its Net Zero Industry Tracker 2023, the report's second edition. The report holds significant implications for the aluminium industry, particularly its efforts to achieve sustainability and reduce emissions. Focusing on heavy industrial and transport...
