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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From China to Mumbai: case studies highlighting the usage of aluminium scrap
The importance of scrap maybe not be relevant in our daily life, but in the aluminium industry, it is one of the most essential aspects of achieving a sustainable and carbon-free environment. Due to its economic benefits, recycling scrap aluminium is an integral part of the aluminium industry....
China’s alumina price marks RMB2/t growth; SMM aluminium spot price goes RMB20/t down, no notable change in June overall
The alumina price in China has skipped upward by RMB 2 per tonne, resting at RMB 2,815 per tonne, while the alumina price in Guangxi has jumped up by RMB 10 per tonne to officially close at RMB 2,785 per tonne. The Australian Alumina FOB Price has slumped by RMB 21.66 per tonne, settling down at...
SAMI and EnPot sign intention to cooperate agreement in Beijing
On June 28, 2023, Shenyang Aluminium and Magnesium Engineering and Research Institute Co. Ltd. (SAMI) and New Zealand-based EnPot Ltd inked an Intention to Cooperate Agreement in Beijing in an official ceremony with New Zealand’s Prime Minister Chris Hipkins in Beijing. The agreement signals the...
China’s SMM aluminium ingot price mounts by RMB70/t and low carbon aluminium price shoots RMB140/t up
According to Shanghai Metal Market, the aluminium spot price in China has gone up the graph by RMB 70 per tonne, officially closing at RMB 18,570 per tonne today, June 28. The average aluminium price trends are between RMB 18,550 per tonne and RMB 18,590 per tonne. Aluminium prices rose by 1.41% to...
LME aluminium spot price gains 1.68% after two straight days of fall; SHFE aluminium price takes US$10/t leap
On June 27, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price settled at US$2,151 per tonne and US$2,151.50 per tonne, with a similar spike of US$35.50 per tonne or 1.68 per cent. The 3-month bid price ascended by US$37 per tonne or 1.72 per cent to rest at...
World alumina production totals 11.918 million tonnes in May’23, with daily output growing 1%
World alumina production in May 2023 recorded a monthly recovery of 4.32 per cent to reach 11.918 million tonnes, found the International Aluminium Institute survey. In April, the output was down by 1.69 per cent M-o-M to 11.425 million tonnes, following a sequential rise of 0.83 per cent in March...
China’s SMM aluminium price soars RMB30/t today, down 0.48% Q-o-Q; Low carbon aluminium price gains RMB74/t
The Shanghai Metal Market’s aluminium spot price has gained RMB 30 per tonne loss, officially stopping at RMB 18,500 per tonne today, June 27. The average aluminium price trends are between RMB 18,480 per tonne and RMB 18,520 per tonne. On June 20, one week ago, the SMM aluminium spot price was RMB...
China’s unwrought aluminium alloy imports record a third monthly fall of 11.6% in May’23
In May 2023, China’s unwrought aluminium alloy imports stood at 82,800 tonnes, indicating a downfall of 27.7 per cent year-on-year and 11.6 per cent month-on-month, found China customs data. From January to May 2023, China’s imports totalled 443,500 tonnes, up by 19.3 per cent from the same period...
Lizhong Alloy commences the cutting-edge high-performance aluminium alloy project
Lizhong Alloy Group's subsidiary, Lizhong Alloy Technology Co., recently hosted a groundbreaking ceremony at Lu'an Economic and Technological Development Zone in Anhui, the landlocked province in the east of China. This event marked the initiation of their ambitious project to invest in and...
LME benchmark aluminium price drops US$58/t marking fluctuating prices in June; SHFE loses US$57/t after Dragon Boat Festival
LME aluminium opened at US$2,208.5 per tonne last Friday, with its low and high at US$2,163.5 per tonne and US$2,209 per tonne respectively before closing at US$2,178 per tonne, a drop of US$23.5 per tonne or 1.07 per cent. On June 23, Friday, the LME aluminium cash bid price and the LME aluminium...
China’s A00 aluminium ingot price plummets by RMB360/t post the Dragon Boat Festival holiday
On Monday, June 26, the A00 aluminium ingot price in China opened the week after the Dragon Boat Festival with a downfall of RMB 360 per tonne or 1.91 per cent to peg at RMB 18,470 per tonne. However, on M-o-M calculation , a surge of RMB 310 per tonne was recorded from RMB 18,160 per tonne on May...
Primary aluminium weekly: China welcomes global aluminium industry participants for its ‘Aluminium China 2023’ exhibition
The primary aluminium sector has been witnessing shallow activity for the past few months. With the augmented prices of energy, the entire aluminium industry is now in search of effective methods that can significantly reduce their carbon emissions. Shanghai is getting ready for the ever so...
AL CircleBiz enlists Guangdong Guangyun among 1200+ verified sellers of aluminium products
Guangdong Guangyun New Material Co., Ltd is a leading high-tech enterprise in Yunfu City, Guangdong province. Its massive 250,000 m2 area is dedicated to the production of exceptional quality aluminium sheet, coil, and foil. The company's first stage of the project boasts a staggering investment of...
World primary aluminium production shows a bullish trend Y-o-Y with a 1.8% growth during Jan-May’23
In May 2023, world primary aluminium production stood at 5.851 million tonnes compared to 5.651 million tonnes in April 2023 and 5.818 million tonnes in May 2022, showed the International Aluminium Institute survey. Thus, on a month-on-month calculation, world primary aluminium output in May...
LME aluminium price surges by US$33.5/t to US$2,190.5/t; SHFE market is closed for China’s Dragon Boat Festival
On Thursday, June 22, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$33.5 per tonne or 1.55 per cent to settle at US$2,190 per tonne and US$2,190.50 per tonne. 3-month bid price and 3-month offer price were hiked by US$29 per tonne or 1.31 per cent to...
LME benchmark aluminium price delves 1.26% lower to US$2157/t; SHFE is closed for China’s Dragon Boat Festival
On June 21, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,156.50 per tonne and US$2,157 per tonne, moving down the aluminium price graph by US$27.50 per tonne or 1.26 per cent. The 3-month bid price shed US$22.50 per tonne or 1.01 per...
China’s aluminium plate/sheet and strip operating rates drop to 65.04% in May, indicating early onset of off-season
According to the Shanghai Metals Market survey, China's aluminium plate/sheet and strip industry operating rates edged 0.97 percentage points lower month-on-month to an average of 65.04 per cent in May 2023. On a year-on-year calculation, the operating rates plunged by 12.25 percentage points. May...
Shanghai-based Solar Aluminium joins AL CircleBiz’s global community of verified sellers
Located in Shanghai, China, Solar Aluminum is a highly respected supplier of top-quality aluminium products that boasts an impressive 18 years of experience in the industry. Their expertise lies in providing non-combustible aluminium cladding materials for both external and internal structures,...
