ADC12 consolidates on a strong note as costs rise and orders see marginal improvement
Aluminium scrap: This week, China's aluminium scrap market price centre edged up alongside primary aluminium. As of September 10, SMM A00 aluminium prices closed at RMB 24,560 per tonne, up RMB 210 per tonne from RMB 24,350 per tonne last Thursday. Domestic aluminium scrap prices followed with...
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...
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LME benchmark aluminium price gains US$9.5/t on Tuesday, September 19; SHFE aluminium price loses US$9/t today
LME aluminium opened at US$2,219.5 per tonne on Tuesday, with its high and low at US$2,225 per tonne and US$2,205 per tonne, respectively, before closing at US$2,215.5 per tonne, a decrease of US$1.5 per tonne or 0.07 per cent. The LME aluminium live price chart experienced elevating aluminium...
Huada Technology commits RMB 1.05 billion to new energy and material casting project
On September 15, 2023, Huada Technology made an announcement regarding its plans to invest RMB 1.05 billion in a new energy and new material casting processing project. Under this project, the company will establish a wholly-owned subsidiary, Huaqi New Energy Technology (Jiangsu) Co., LTD., which...
Lizhong Group accelerates success, bags second major aluminium alloy wheels supply contract in record time
Lizhong Sitong Light Alloys Group, a China-based producer and seller of lightweight aluminium alloy wheels, has secured yet another contract to supply wheels. The new contract is with a leading new energy vehicle maker who will source aluminium alloy wheels from Lizhong for its upcoming Thai plant....
Zhite Technology announces the construction of its aluminium film production line project for Q3 2023
On Thursday, September 14, Xianning High-tech Zone announced the commencement of a major project during the third quarter of 2023 (Q3) at the Zhite Technology building aluminium mould new material production site. The project encompasses various domains such as advanced manufacturing, new energy,...
Southwest Aluminium's five milestones earn prestigious spot in the National Industrial Metrology Achievement Database
During the 2023 National Industrial Metrology Conference and the inaugural National Industrial Metrology Testing Alliance event held on September 13, the Metrology Department under the State Administration for Market Supervision and Administration unveiled the initial compilation of 118 outstanding...
Strong demand and depleting stocks fuel China's August aluminium imports
According to Chinese customs data released on September 18, 2023, the country experienced a significant increase of 38.9 per cent in aluminium imports in August compared to the same period the previous year. This surge can be attributed to increased purchasing due to low domestic aluminium stocks...
Ashapura Minechem receives record bauxite and iron ore orders from Chinese companies
On September 18, 2023, Ashapura Minechem announced that the company had secured considerable supply orders for bauxite and iron ore to Chinese companies. Ashapura Minechem is a company that operates within the industrial mineral sector, focusing on exploring and refining minerals like bauxite,...
Heyu Aluminium and other local enterprises come together for the development of Baoxing County
On September 11, Baoxing County and Zhejiang Hanyu International Supply Chain conducted a signing ceremony for the smart industrial supply chain project at the comprehensive Service centre of Baoxing Industrial Park, Yaan Economic Development District. Chairman of Heyu Aluminium CAI Ruijun, County...
China’s A00 aluminium ingot price contracts by RMB160/t; Low carbon aluminium price slumps to RMB19,938/t
On Monday, September 18, China’s A00 aluminium ingot price has dropped by RMB 160 per tonne to close at RMB 19,380 per tonne, with the average prices standing between RMB 19,360 per tonne and RMB 19,400 per tonne. The spot contract prices may be traded at a premium price of RMB 200 to RMB 240 per...
Guangxi Dongrong Pilot Demonstration Zone conducts groundbreaking ceremony of an aluminium and copper project
On Thursday, September 14, the Guangxi Dongrong Pilot Demonstration Zone laid the foundation stone of an aluminium and copper project in Baigui Industrial Park in the presence of the Deputy Director of the management committee and Li Honghui, a member of the Party Working Committee. They attended...
China achieves record high in August aluminium production
In August, China witnessed a 3.1 per cent increase in its primary aluminium production compared to the previous year, reaching a record monthly high. This surge in production was primarily attributed to the recovery of hydropower generation in the southwestern province of Yunnan. According to data...
SMM A00 aluminium price elevates by RMB1070/t M-o-M; Low-carbon aluminium price earns RMB103/t
The Shanghai Metals Market, on September 15, experienced a heightening streak in aluminium prices all over China, with the SMM A00 aluminium ingot price soaring by RMB 110 per tonne to officially close at RMB 19,540 per tonne. The average prices have ranged between RMB 19,520 per tonne and RMB...
LME aluminium benchmark price expands by US$36/t to US$2,192.5/t; SHFE price adds US$34/t
LME aluminium opened at US$2,211 per tonne on Thursday, with its high and low at US$2,239 per tonne and US$2,206.5 per tonne, respectively, before closing at US$2,220 per tonne, an increase of US$12 per tonne or 0.54 per cent. On Thursday, September 14, both LME aluminium cash bid price and LME...
Chinalco Group passes proper peer review fostering two 5A-level logistics enterprises at present
The China Federation of Logistics and Purchasing recently released its list of the 36th batch of A-level logistics enterprises in China, with Chinalco Logistics and Yunnan Aluminum Logistics achieving the highest rating of 5A-level logistics enterprises and entering the "first echelon" of China's...
Alumina and electricity costs drive up August prices for electrolytic aluminium
The combined effects of alumina and self-supplied electricity prices caused an uptick in the cost of electrolytic aluminium in August. The Mysteel aluminium research team extensively analysed electrolytic aluminium enterprises in China. In August 2023, the weighted average full cost of the Chinese...
Zhaofeng Tiancheng Aluminium Company achieves over 10,000 tonnes in production and sales
Zhaofeng Tiancheng Aluminium Company, a part of the Huayang Group, has recently achieved a significant milestone as its production and sales both surpassed 10,000 tonnes. In the month of August, Zhaofeng Tiancheng Aluminium Company experienced a surge in production and sales, with a remarkable...
SMM A00 aluminium ingot price in Tianjin grows to RMB19,430/t; Low carbon aluminium price adds RMB50/t to RMB 19,987/t
On Thursday, September 14, China’s A00 aluminium ingot price showed no change to close at RMB 19,430 per tonne. The average prices ranged between RMB 19,410 per tonne and RMB 19,450 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 10 to RMB 30 per tonne. As...
China Hongqiao Group already shifts 1.5 Mt of aluminium capacity to Yunnan; aims to move 2 Mt by 2023-end
According to a source on Wednesday, September 13, China Hongqiao Group has moved 1.5 million tonnes of aluminium smelting capacity to Yunnan, a region with abundant hydro power. Going ahead, China Hingqiao Group aims to deploy 4 million tonnes of aluminium smelting capacity by the end of 2025 in...
