South China aluminium premiums hit year-to-date high on rising southwest conversion rates, scarce ingot supply
In recent weeks, the domestic spot aluminium ingot market has exhibited notable regional divergence. While basis levels in East China and the Central Plains have remained relatively stable, the South China market has seen its aluminium ingot basis strengthen independently to a year-to-date high....
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....
Grow with
AL Circle
SMM A00 aluminium ingot price reflects Q-o-Q drop of RMB50/t; Low-carbon aluminium price negates RMB28/t
On November 28, the Shanghai Metals Market witnessed a more or less uniform slump in aluminium prices, with the SMM A00 aluminium ingot price losing RMB 40 per tonne to close at RMB 18,850 per tonne. The average aluminium prices have circulated between RMB 18,830 per tonne and RMB 18,870 per tonne....
LME aluminium benchmark price moves down by US$2/t to US$2,177/t; SHFE price adds US$7/t
LME aluminium opened at US$2221.5 per tonne in the previous trading day, with its low and high at US$2209 per tonne and US$2235 per tonne, respectively, before closing at US$2211.5 per tonne, down 0.65 per cent. On Monday, November 27, both LME aluminium cash bid price and LME aluminium official...
AL Biz proudly presents Scottish Chemical Industries; an expert in foundry materials
Scottish Chemical Industries, founded by Mr Kamal Khandelwal in 1985, has immensely contributed to the aluminium foundry industries. It is one of the world's largest manufacturers and exporters, certified with ISO 9001 & 14001, and has been providing high-quality products to the Aluminium, Steel,...
Qinghai Qiaotou Aluminium & Electricity bags RMB 2.23 million for its electrolytic cell energy project
Qinghai Qiaotou Aluminium & Electricity recently bagged a special fund subsidy from the Qinghai Provincial Department of Industry and Information Technology. The China-based manufacturer of aluminium ingots and other products was awarded RMB 2.23 million for its 40 sets of 240KA series electrolytic...
Two years later, GCC again starts an anti-dumping investigation against Chinese aluminium imports
On November 26, the Gulf Ministry of Industry and Commerce announced the initiation of an anti-dumping investigation against aluminium products imported from China. The Gulf Cooperation Council (GCC) Technical Secretariat Office is conducting the investigation against allegedly unfair trade...
China’s A00 aluminium ingot price grows by RMB70/t; Aluminium powder price moves up to RMB21.4/kg
On Monday, November 27, China’s A00 aluminium ingot price has grown by RMB 70 per tonne to clock at RMB 18,890 per tonne. The average prices are expected to stand between RMB 18,870 per tonne and RMB 18,910 per tonne, with the spot contract price expected to be traded at a discount price of RMB 40...
Downstream weekly: Alro invests $4.22 million in two new projects; USITC claims Asian low-quality imports hamper the US aluminium extrusion market
The downstream aluminium sector has been a witness to major developments this week, with the leading aluminium producer in Romania, Alro S.A., investing $4.22 million in two projects to improve the quality of their flagship products, including aluminium alloy plates by implementing new machinery....
Primary aluminium weekly: Surging demand and domestic supply concerns propel China's October aluminium imports
China's aluminium imports increased for the fifth straight month in October, according to customs statistics published on November 18, 2023. The increase is attributable to increased purchasing appetite, driven by strong demand and forecasts of lower supply in the local market. Chinalco Materials...
Henan Yongheng kicks off green aluminium project with annual capacity of 500,000 tonnes
On November 17, Henan Yongheng Technology Co., Ltd. from China embarked on an ambitious project to create a new green aluminium alloy with an annual output of 500,000 tonnes. The project, requiring a total investment of RMB 3.5 billion, will be spread over a vast area of 340 acres. The company...
Chongqing Guochuang Institute carried out the trial run of its first aluminium ingot casting project
Chongqing Guochuang Light Alloy Research Institute carried out the first trial run of its aluminium ingot casting project. The multifunctional melting and casting platform is outfitted with 16t melting and casting units, including a tilting side well-melting furnace, a hydraulic tilting static and...
SMM A00 aluminium ingot price gains RMB10/t today, down 1.46% Y-o-Y; China’s low-carbon aluminium price adds RMB3/t
The Shanghai Metals Market, on November 24, marked a slight digression in aluminium prices, with the SMM A00 aluminium ingot price rising by RMB 10 per tonne to close at RMB 18,820 per tonne. The average aluminium prices have hovered between RMB 18,800 per tonne and RMB 18,840 per tonne. If the SMM...
LME aluminium benchmark price falls to US$2,183/t; SHFE price moves up by US$6/t
LME aluminium opened at US$2223 per tonne in the previous trading day, with its low and high at US$2215 per tonne and US$2233 per tonne, respectively, before closing at US$2222 per tonne, up US$0.5 per tonne or 0.02 per cent. On Thursday, November 23, both LME aluminium cash bid price and LME...
Guangdong Betterlid Packaging Material joins ASI as the new Industrial Users member
Established in 2012, Guangdong Betterlid Packaging Material Co., Ltd has joined the Aluminium Stewardship Initiative (ASI) as a new Industrial Users member. It is a prominent and competent producer of aluminium packaging materials and an integrated solutions provider. The company has been primarily...
China’s Yunnan Runxin receives permission to construct the Yunnan Engineering Research Centre
Yunnan Runxin Aluminum Co., LTD. has achieved a remarkable milestone in the field of aluminium electrolytic solid waste collaborative treatment and utilization technology research and development. Recently, the company led the way by applying for the Yunnan Aluminium Electrolytic Solid Waste...
Brief overview of the carbon peak implementation plan tailored for Guangxi Zhuang Autonomous Region
The Implementation Plan for Carbon Peak in the Industrial Field of Guangxi Zhuang Autonomous Region proposes a series of measures to reduce carbon emissions and promote efficient and sustainable development of the non-ferrous metal industry. The plan aims to strictly control the smelting capacity...
ASI certifies Shanghai Huafon Aluminium Corporation against Performance Standard Certification for its rolling processes
Aluminium Stewardship Initiative has reportedly granted Performance Standard V2 (2017) Certification to Shanghai Huafon Aluminium Corporation, recognising its manufacturing processes of casting, hot rolling, cold rolling, slitting and stamping at a plant in Jinshan District, Shanghai, China. The...
With over 6 Mt of output in October, world primary aluminium 2023 production is on track to grow annually
The world's primary aluminium production in October 2023 experienced a month-on-month rise after a fall in the previous month, found the International Aluminium Institute. Data shows the output recorded an increase of 3.29 per cent from 5.921 million tonnes in September to 6.116 million tonnes in...
China’s average alumina spot price loses RMB1/t; SMM A00 aluminium ingot price eliminates RMB120/t
China’s average alumina spot price has gone down the graph by RMB 1 per tonne to close at RMB 2,996 per tonne. The alumina price in Shandong has tumbled by RMB 5 per tonne to officiate at RMB 2,945 per tonne. The Australian Alumina FOB price has faced a substantial fall of RMB 7.13 per tonne to...
