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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Growing demand for aluminium battery foil prompts China to commission 17 new capacities
Aluminium battery foil projects are spearheading in China, with 17 new plants under construction or some started production, reported the Shanghai Metals Market survey. Out of the 17 new projects with a total capacity of 1.272 million tonnes, 15 are estimated to be fully operational before the end...
China’s A00 aluminium ingot price registers Y-o-Y hike of RMB470/t; Low-carbon aluminium price surge by RMB114/t
On Tuesday, August 15, the A00 aluminium ingot price in China gained RMB 90 per tonne to settle at RMB 18,470 per tonne, with the average prices between RMB 18,450 per tonne and RMB 18,490 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per tonne....
China's Easpring clears ground for a battery cathode materials plant in Finland
Beijing Easpring, a Chinese manufacturer of battery cathodes, is currently in the process of constructing a production plant for ternary cathode active material in southeast Finland. This plant will mainly produce considerable amounts of nickel-cobalt-manganese (NCM) 811 and nickel-cobalt-aluminium...
Fody Intl gets listed as an aluminium B2B seller under AL CircleBiz
Fody Intl Imp & Exp Co., Limited, based in Foshan, China, which is also known as the hometown of aluminium and stainless steel, serves as a full-service trading firm; it specialises in the whole supply chain for the aluminium profile factory and SS tube mill industries, from raw materials to...
China's aluminium production soars in July with optimistic outlook for August
China's domestic aluminium production for July 2023 surged to a staggering 3.568 million tonnes, registering an impressive 1.95 per cent year-on-year growth. This monumental achievement was underscored by the sector's average daily output, which escalated by over 3,000 tonnes month-on-month to a...
SMM A00 aluminium ingot price skids RMB170/t today, up RMB150/t Y-o-Y; China’s alumina price marks RMB2/t hike
The Shanghai Metals Market on August 14 recorded a profound plunge of RMB 170 per tonne to rest at RMB 18,380 per tonne, with average aluminium ingot prices hovering between RMB 18,360 per tonne and RMB 18,400 per tonne. The SMM A00 aluminium ingot price historical data indicates there has been a...
Primary aluminium weekly: Alro posts declining H1 2023 results while Glencore feels optimistic of China’s role in the upcoming days
The primary aluminium sector was quite busy last week, with unstable production all around the globe. Aluminium producer Alro's H1 2023 revenue fell to 1.55 billion RON due to lower prices and the ALUM refinery's temporary closure. The company also recorded a net loss of 164 million RON, compared...
Guangdong Golden Aluminium joins ASI as the new Production and Transformation member
Aluminium Stewardship Initiative (ASI) announced the joining of Guangdong Golden Aluminium Co., Ltd as the new Production and Transformation member. Guangdong Golden Aluminium Co., Ltd. began operations in 1999. It is a comprehensive enterprise that combines R&D, production, sales, and services in...
Foshan’s AL Technology Co. Ltd. joins world’s first B2B platform for aluminium, AL CircleBiz
AL Technology Co. Ltd. is a reputable company that was established in 2018 in Foshan City, Guangdong Province, China. The company has a specialisation in serving the aluminium processing industry, and it benefits from Foshan's significant aluminium production hub, which provides them with access to...
China’s A00 aluminium ingot price hikes to RMB18,550/t; Alumina spot price grows by RMB5/t
On Friday, August 11, the A00 aluminium ingot price in China has grown by RMB 10 per tonne to close at RMB 18,550 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 40 to a premium price of RMB 0 per tonne. As per the data, the average prices are expected to...
China’s alumina output drifts 1.5% higher Y-o-Y in July citing mixed production traits in August
According to SMM data, China's metallurgical-grade alumina output during July was 6.869 million tonnes, with a daily production average of 222,000 tonnes, a surge attributed to the phased release of newly added capacity and the conclusion of maintenance in several Guangxi region companies, leading...
China's economic resilience sparks hope in Glencore amidst earnings downturn
Glencore, a powerhouse among globally diversified natural resource companies, has long been dominant in the commodities market. Its operations span both industrial and marketing domains, with a responsible commitment to providing the essential commodities that form the foundation of life's...
China’s average alumina spot price and Shanxi’s bauxite price soars by RMB5/t; Aluminium ingot price earns RMB70/t today
The Shanghai Metal Market, today, on August 10, has noted an RMB 5 per tonne spike in China’s average alumina spot price, with it officially halting at RMB 2,901 per tonne, while in Shandong and Shanxi, the alumina spot prices have seen an increase of RMB 5 per tonne, closing at RMB 2,860 per tonne...
China’s primary aluminium imports mount to 430,500 tonnes during January-June 2023
According to the Shanghai Metals Market data, China’s primary aluminium imports reached 89,400 tonnes in June 2023, registering an increase of 20.7 per cent month-on-month and a surge of 213.6 per cent over a year. The primary aluminium exports in June totalled 32,900 tonnes - 187 per cent more...
China’s A00 aluminium ingot price drops by RMB10/t; Australian alumina FOB price inches up by US$1/t
On Wednesday, August 9, SMM aluminium reported that China’s A00 aluminium ingot price has dipped by RMB 10 per tonne to close at RMB 18,470 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 30 per tonne to a premium price of RMB 10 per tonne. The average...
LME official aluminium price sheds US$35/t with Q-o-Q fall of 7.67%; SHFE aluminium price remains stagnant
LME aluminium opened at US$2,230 per tonne on Tuesday, with its high and low at US$2,233 per tonne and US$2,198 per tonne respectively before closing at US$2,198 per tonne, a decrease of US$32 per tonne or 1.4 per cent from the previous trading day. The London Metal Exchange , on August 8,...
Primary aluminium inventories in China recorded a 5-year low last week at 525,000 tonnes
According to the Shanghai Metals Market data, social inventories of aluminium ingot totalled 525,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, as of Thursday, August 3. On a week-on-week basis, the inventories dropped by 11,000 tonnes, and on an annual basis,...
China's aluminium prices attain stability due to a spike in Yunnan’s production rate
Aluminium prices experienced a slight decline of 0.05 per cent yesterday, settling at US$202.15 per tonne due to heightened supply in Yunnan. This development may lead to a gradual emergence of supply pressure. The northern region faced floods and other factors during the week, resulting in fewer...
