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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Chinalco announces leadership transition in Guizhou enterprises
In a recent development, Chinalco, a leading aluminium producer, has announced a significant change in the leadership structure of its Guizhou enterprises. The decision was made during a cadre meeting held on September 8 at the ChalCO Guizhou Enterprise. The meeting saw the presence of high-ranking...
China’s Hailing District to invest over RMB 13.68 billion for the Kangqian GIS aluminum alloy parts intelligent production line
A programme was held on September 8 in Hailing District to begin construction on 16 major industrial project spaces with a planned total investment of RMB 13.68 billion. The Kangqian GIS aluminium alloy intelligent production line project, located in the new energy industrial park, is among the...
The US anti-dumping and countervailing measures on Chinese aluminium foil imports to remain effective
Last Friday, September 8, the United States International Trade Commission (ITC) agreed to roll out the first anti-dumping and countervailing sunset review of aluminium foil imported from China. The objective was to determine whether removing the existing anti-dumping and countervailing measures on...
AL CircleBiz presents Hongtai Refractory to its list of 1,500 verified sellers
AL CircleBiz, one of the ideal resources for all things aluminium-related, is committed to bringing together top-tier suppliers from across the globe. It added Henan Hongtai Kiln Refractory to its list of 1,500 verified sellers. Hongtai Refractory dedicated to exporting a wide range of refractory...
Zhengzhou Research Institute's aluminium industry big data centre joins Henan province's innovation hub
The "Aluminium Industry Big Data Integration and Innovation Centre" initiated by Zhengzhou Research Institute has achieved a significant milestone by securing inclusion in Henan Province's "Big Data Industry Integration and Innovation Centre." The Henan Provincial Department of Industry and...
China’s aluminium output exceeds 3.6 million tonnes in Aug’2023 on operating capacity recovery in Yunnan
China’s aluminium production continued to grow in August 2023 (31 calendar days), standing above 3.6 million tonnes, according to the Shanghai Metals Market survey. Data showed the output clocked at 3.623 million tonnes, registering a 1.54 per cent M-o-M growth from 3.568 million tonnes and a 3.9...
China’s A00 aluminium ingot price hikes by RMB70/t; Low carbon aluminium price expands to RMB 20,047/t
On Tuesday, September 12, China's A00 aluminium ingot price added RMB 70 per tonne to close at RMB 19,520 per tonne. The average prices are expected to orbit between RMB 19,500 per tonne and RMB 19,540 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 80 to...
China’s alumina production reached 7 Mt in Aug’23 backed by capacity expansion and new operation release
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in August 2023 stood at 7.017 million tonnes, reflecting a month-on-month increase of 2.15 per cent from 6.869 million tonnes . Daily output also grew by 2 per cent to 226,400 tonnes, driven by new and...
Yunnan Green Aluminum Innovation Industrial Park’s production value to attain RMB 18.33 billion in 2023
In October 2019, the province Party Committee and provincial government facilitated the establishment of the Yunnan Green Aluminium Innovation Industrial Park in Yanshan. The park has successfully established and integrated the whole industrial chain of green aluminium via its dependence on the...
China’s aluminium ingot inventories jump W-o-W to 517,000 tonnes, yet stand 23% lower Y-o-Y
On Thursday, September 7, China’s aluminium ingot inventories across eight major consumption areas amounted to 517,000 tonnes, registering a week-on-week hike of 24,000 tonnes from 493,000 tonnes, found the Shanghai Metals Market survey. However, from Monday, November 4, the inventories dropped by...
ASI presents Performance Standard Certification to Ningbo Tuopu Group for aluminium casting, remelting/refining
Aluminium Stewardship Initiative has presented Performance Standard V2 (2017) Certification to Ningbo Tuopu Group Co., Ltd. under Provisional status. The certification is for the company's Light Alloy System 9th Unit in Ningbo, China, wherein it operates casting, semi-processing, aluminium...
LME aluminium benchmark price slumps to US$2,132.5/t; SHFE price gains US$11/t
LME aluminium opened at US$2,194.5 per tonne last Friday, with its high and low at US$2,195 per tonne and US$2,171 per tonne, respectively, before closing at US$2,181 per tonne, a drop of US$15 per tonne or 0.68 per cent. On Friday, September 8, the London Metal Exchange (LME) revealed that both...
Qinyuan Chun New Materials officially begins its aluminium electrolyte utilisation project
The inauguration ceremony for the annual treatment of 70,000 tonnes of aluminium electrolyte comprehensive utilisation project, conducted by Henan Qinyuan Chun New Materials, took place on the morning of September 6. Wang Jiapeng, the Party Secretary of Qinyang and Deputy Director of the Standing...
China’s Baowu Group inks a strategic cooperation framework agreement with Chinalco
On September 5, Baowu and Chinalco Group signed a strategic cooperation framework agreement in Beijing. The purpose of this agreement is to actively promote the optimisation and upgrading of the industrial layout structure while practising the new development concept. The agreement will enable the...
LME 3-month official price negates US$10/t; SHFE aluminium official price loses US$3/t with uneven market trends in September
LME aluminium opened at US$2,193 per tonne on Thursday, with its high and low at US$2,199 per tonne and US$2,176.5 per tonne, respectively, before closing at US$2,196.5 per tonne. London Metal Exchange's live price graph displayed that the 3-month official price has descended by US$10 per tonne or...
China’s aluminium billet inventories accumulate 12,200 tonnes over a week to settle at 81,800 tonnes
On Thursday, September 7, China’s 6063 aluminium billet inventories across five major consumption areas totalled 81,800 tonnes, registering a week-on-week hike of 12,200 tonnes or 17.53 per cent from 69,600 tonnes, found the Shanghai Metals Market data. From Monday, September 4, the inventories on...
China’s A00 aluminium ingot price descends to RMB19,420/t; Low carbon aluminium price falls by RMB36/t
On Friday, September 8, the A00 aluminium ingot price in China dipped by RMB 50 per tonne to a halt at RMB 19,420 per tonne, with the average prices between RMB 19,400 per tonne and RMB 19,440 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per...
Yunnan actively promotes the development of China’s Green Aluminium Valley
In recent years, Yunnan Province has taken the lead in transferring aluminium sector capacity, capitalising on the benefits of renewable energy, and the creation of "China's Green Aluminium Valley" has reached a point where further acceleration is no longer possible. Upon the successful...
