Aluminium fluoride prices rise on cost support; premium for high-grade supply widens
This week, trading sentiment in China's aluminium fluoride enterprises was moderate, and aluminium fluoride prices continued to rise. As of now, SMM mainstream quotations for aluminium fluoride stand at RMB 11,500-12,300 per tonne; cryolite spot prices firmed, with SMM cryolite quotations at RMB...
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....
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Shanghai Huafon Aluminium Corporation achieves the ASI Performance Standard V2 certification
Shanghai Huafon Aluminium Corporation has acquired ASI Performance Standard V2 (2017) Certification for its manufacturing processes, which include casting, hot rolling, cold rolling, slitting, and stamping, at its Jinshan District production site in Shanghai, China. The firm produces 175,000 tonnes...
United States International Trade Commission makes affirmative preliminary determinations in trade cases on aluminium extrusions from China
In a victory for U.S. aluminium extruders, the U.S. International Trade Commission (USITC) today found there is a reasonable indication that the American aluminium extrusions industry is materially injured or threatened with injury due to imports from China, Colombia, Ecuador, India, Indonesia,...
China’s A00 aluminium ingot price contracts by RMB80/t M-o-M; Alumina price inches down by RMB1/t
On Tuesday, November 21, China’s A00 aluminium ingot price gained RMB 50 per tonne to score RMB 19,000 per tonne. However, on M-o-M calculation, the price has fallen by RMB 80 per tonne from RMB 19,080 per tonne recorded on October 20. Today, the average prices are expected to stand between RMB...
Yunnan Aluminium marks its entry into the Kunming Headquarters Enterprise Recognition list
The Kunming Headquarters (Building) Economic Leadership Group Office has announced the 2023 Kunming Headquarters Enterprise Recognition Results. Thirteen firms, including Yunnan Aluminium Corporation, were designated as headquarters enterprises, and the corporation was one of them. Since the...
Three firms under Chinalco Group get identified as the fifth batch of state-level "little giant" enterprises
The Ministry of Industry and Information Technology recently announced the fifth batch of state-level specialised and innovative "Little Giant" enterprises, including Chinalco Materials Application Research Institute Co., Ltd., Yunnan Yuntong Zinc Industry Co., Ltd., and Shenyang Boyu Technology...
China’s aluminium billet inventories dropped W-o-W on Nov 16 despite a significant build-up in Nanchang
On Thursday, November 16, China’s aluminium billet inventories dropped by only 1,000 tonnes week-on-week to stand at 97,500 tonnes, according to the Shanghai Metals Market survey. The downfall occurred in Foshan, Wuxi, Changzhou, and Huzhou but was slightly offset by the hike in Nanchang. To know...
SMM A00 aluminium ingot price levitates by RMB140/t today; Aluminium alloy (A356) price gathers RMB150/t
The Shanghai Metals Market, on November 20, experienced an overall surge in aluminium prices, with the SMM A00 aluminium ingot price skyrocketing by RMB 140 per tonne to close at RMB 18,950 per tonne. The average aluminium prices have circulated between RMB 18,930 per tonne and RMB 18,970 per...
LME aluminium benchmark price drops to US$2,165/t; SHFE price gains US$37/t to US$2,638/t
LME aluminium opened at US$2212.5 per tonne in the previous trading day, with its low and high at US$2196 per tonne and US$2218 per tonne, respectively, before closing at US$2216 per tonne, up US$4.5 per tonne or 0.2 per cent. On Friday, November 17, LME aluminium cash bid price and LME aluminium...
Surging demand and domestic supply concerns propel China's October aluminium imports
According to customs data released on November 18, 2023, China experienced a fifth consecutive monthly increase in aluminium imports during October. The uptick is attributed to an improved buying appetite driven by solid demand and expectations of reduced supply in the domestic market. As the...
Huilong Aluminum plans to acquire 27% equity of its subsidiary Anhui Huilong Group
On November 10th, Huilong Aluminum Group announced that to implement the company's development strategy further, optimise the company's organisational management system, and improve operational efficiency, the company plans to acquire 27 per cent of the equity of its holding subsidiary Anhui...
Aluminium rolling products supplier Yinbang Technology from China kick-starts trail production
Yinbang (Anhui) New Energy Material Technology Co., Ltd. is in the trial production phase of its new project. The project is a significant investment made by Yinbang Metal Composite Materials Co., Ltd., with a total investment of no less than RMB 5 billion. The construction content includes an...
October 2023 alumina production in China records a dip of 1.6% M-o-M due to poor ore supply
According to the Shanghai Metals Market, China’s metallurgical-grade alumina production stood at 6.842 million tonnes, down by 1.6 per cent month-on-month but up by 2.5 per cent year-on-year. Daily average output in the said month was 220,700 tonnes, down by 3,700 tonnes from the previous month....
China’s A00 aluminium ingot price falls by RMB120/t to RMB 18,810/t; Alumina price loses RMB4/t
On Friday, November 17, China’s A00 aluminium ingot price slumps by RMB 120 per tonne to clock at RMB 18,810 per tonne, with the average prices between RMB 18,790 per tonne and RMB 18,830 per tonne. The spot contract price is expected to be traded at a discount price of RMB 50 to RMB 10 per tonne....
SMM A00 aluminium ingot price deflects RMB50/t today, up 0.42% Y-o-Y; Low-carbon aluminium price sheds RMB4/t
On November 16, the Shanghai Metals Market registered depleting aluminium prices all over China, with the SMM A00 aluminium ingot price losing RMB 50 per tonne to close at RMB 18,930 per tonne. The average aluminium prices have circulated between RMB 18,910 per tonne and RMB 18,950 per tonne. If we...
Shandong Weiqiao Group launches six new aluminium alloy materials
The 8th International (Sanya) Aluminium Industry Chain Green Development Summit Forum occurred in Sanya, Hainan, on November 9th. During significant scientific advancements in Weiqiao Aluminium Alloy, the Shandong Weiqiao Entrepreneurship Group introduced six new aluminium alloy materials that own...
China’s Department of Energy Conservation conducts a symposium promoting red mud use
On November 7, China's Department of Energy Conservation and Comprehensive Utilisation brought together representatives of relevant research institutions and key enterprises to hold a symposium on red mud. The purpose of the symposium was to discuss and promote the research, development, and...
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China Corporate Renewable Electricity Summit 2023: Navigating the green power transition
In the face of escalating global climate challenges, the urgency for sustainable development and the widespread adoption of clean, renewable energy is more apparent than ever. China, a key player in this global movement, actively promotes green power to achieve sustainability and reduce carbon...
Ministry of Equipment and Energy conducts screening process for green aluminium evaluation
In October, the Ministry of Equipment and Energy conducted a screening process to prepare the "green aluminium evaluation and trading guidelines" and carbon footprint verification, in line with the requirements set by the Beichuan Industrial Park Management Committee for applying provincial foreign...
