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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LME aluminium benchmark price drops to US$2,193/t; SHFE price ascends by US$9/t
Three-month LME aluminium opened at US$2237 per tonne last evening and closed at US$2247 per tonne, a US$7.5 per tonne rise or 0.33 per cent. On Monday, October 9, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$15 per tonne or 0.67 per cent to close at...
Vietnam initiates first anti-dumping sunset review on Chinese aluminium profiles
The Ministry of Industry and Trade of Vietnam, pursuant to its regulatory authority and responsibilities, issued Notice No. 2537/QD-BCT on October 3, 2023. This notice signalled the commencement of introducing the first anti-dumping sunset review investigating aluminium profiles originating from...
Bauxite price in Shanxi flaunts a rise of RMB10/t after two months; Alumina price resumes from a week-long break with an RMB8/t hike
China’s primary aluminium input prices have resumed the market from a week-long Mid-Autumn Festival and National Day Holiday on a high note. After remaining restrained for almost two months, China’s domestic bauxite prices have recorded a rise, particularly bauxite (4.5≤Al/Si＜5.5) Shanxi and...
Downstream weekly: Chinese aluminium imports overburden Russian shores marking 8.1% increase than last year
This week, the downstream segment has seen increasing activities with Epsilon Group, a Mumbai-based company, acquiring Johnson Matthey's lithium-ion phosphate cathode active material technology centre in Moosburg, Germany. The financial details of this acquisition have not yet been disclosed....
China-based Jiangyin Royal Machinery Equipment joins world’s first aluminium B2B marketplace, AL CircleBiz
Established in 2002, Jiangyin Royal Machinery Equipment (JRM) based in Jiangyin, Wuxi city, China has been successfully onboarded by AL CircleBiz to its list of 1600+ verified sellers. JRM specialises in constructing full aluminium extrusion press machine lines and plants. They provide the entire...
Rusal and China's AdTech Metallurgical Materials establish long-term co-operation
In 2022, AdTech Metallurgical Materials Co., Ltd initiated a cooperative partnership with the Russian aluminium giant Rusal, building a reputation and commendation of Rusal throughout their collaborative journey. AdTech's unwavering commitment to product quality and service excellence has...
Xingfa Aluminum successfully embraces digitalization for each of its production workshop
Xingfa Aluminium, founded in 1984, is a significant manufacturer of aluminium profiles, windows, doors, and curtain walls in China. The intelligent system is used in every Xingfa Aluminium industry production workshop and includes almost everything from product development and design to order...
American aluminium extrusion producers file trade petitions to combat illegal and unfair dumping and subsidies from 15 countries, Wiley Rein LLP reports
The U.S. Aluminium Extruders Coalition and the United Steelworkers (USW) union today filed petitions charging that unfairly traded imports of aluminium extrusions from China, Colombia, the Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey,...
LME benchmark aluminium price negates US$26/t on October 4; SHFE records no activity due to the Mid-Autumn Festival
On October 4, the LME aluminium live price chart witnessed deescalating prices, with the LME aluminium cash bid price and the LME aluminium official price losing US$25.50 per tonne or 1.13 per cent and US$26 per tonne or 1.15 per cent, respectively, to officially close at US$2,230.50 per tonne and...
Ningdong Aluminium celebrates China’s 46th "Quality Month" with augmented operational instincts
This September marks the 46th annual "Quality Month" in the country, and Ningdong Aluminium Branch of State Power Investment Qingtongxia Aluminum Co., LTD. (referred to as Ningdong Branch) is utilizing the "Quality Month" activity platform to encourage all units to adopt advanced quality management...
China's exports to Russia outpace inbound shipments, raising trade imbalance concerns
Russia is currently grappling with managing around 150,000 surplus shipping containers in its rail depots, a consequence of a substantial increase in the influx of Chinese goods into the country, while there needs to be more outward-bound movement. According to an analysis released by Hamburg-based...
China's green tech investments in the Southeast Asian aluminium industry balance growth and geopolitics
In the scenic Bintan Island of Indonesia, a new industrial complex is emerging near a bustling seaside resort, marking a significant shift from traditional tourism and fishing to aluminium. At its core is an alumina refinery led by Bintan Alumina Indonesia and partially owned by China's Shandong...
Shenlong Baoding’s upcoming battery aluminium foil project to start by 2024
According to the performance statement provided by Shenhuo Shares, the Shenlong Baoding Phase II project, which involves the production of 60,000 tonnes of new energy battery aluminium foil, is progressing actively. The installation of the rolling mill has already commenced, and it is anticipated...
Key highlights from the global aluminium industry, September 2023
In September 2023, the aluminium industry witnessed increased demand and supply, leading to marginal price growth on the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). The production in the Chinese aluminium industry has shown positivity in the month, and our forecast remains...
Rheinmetall's aluminium casting unit secures new lightweight automotive engineering orders for EV
Rheinmetall has received additional orders for lightweight automotive engineering, including battery trays and cylinder heads for electric and hybrid vehicles. Rheinmetall's Materials and Trade division's Castings business unit has received two new orders. Both parts will be manufactured in China....
Australian Commission decides to impose anti-dumping duties on Chinese aluminium extrusions yet again
The Australian Anti-dumping Commission has reportedly decided to impose anti-dumping duties and countervailing duties on China-origin aluminium extrusions. The news came on September 22, 2023, when the Australian Commission declared in Notice No. 2023/051 that the Australian Minister of Industry...
Henan Zhongfu High Precision Aluminium Company achieves SCS Global Certification
China's Henan Zhongfu High Precision Aluminium Company has achieved a significant milestone by securing certification from SCS Global (US Global Scientific Certification System) and receiving the prestigious "Kingfisher - Recycled Ingredient Declaration" certificate (able to feature the Kingfisher...
Indonesia: Ministry of National Planning and Development visits Nanshan Bintan Alumina to further strengthen government-enterprise collaboration
On September 23, 2023, the secretary of the Ministry of National Development and Planning, Indonesia, visited the Chinese industrial investment project Nanshan Bintan Alumina Co., Ltd. to strengthen government-enterprise cooperation and exchanges as well as promote the development of the...
