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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Yunnan Aluminium’s seven facilities bag dual ASI certification for producing greener aluminium alloy ingots
Aluminium Steward Initiative has acknowledged seven facilities of Yunnan Aluminium Co., Ltd. with Performance Standard V3 (2022) and Chain of Custody Standard certifications. All of them are located across six prefectures of Yunnan, China. Yunnan Aluminium has vertically integrated operations...
China’s alumina price lowers down to RMB2813/t; aluminium ingot spot price loses RMB20/t today, up 3.97% Q-o-Q
According to the Shanghai Metal Market, the aluminium spot price has lost RMB 20 per tonne, officially stopping at RMB 18,830 per tonne today, June 21. The average aluminium price trends are between RMB 18,810 per tonne and RMB 18,850 per tonne. SMM aluminium price on March 21 was RMB 18,110 per...
Canadian Solar exhibits TOPCon solar modules with aluminium-alloy frames at Intersolar Europe
Canadian Solar, a Chinese module producer, is exhibiting its 700 W bifacial TOPCon solar modules this week at Intersolar Europe in Munich, Germany. Canadian Solar said in December 2022 that it will commence mass manufacturing of TOPCon solar modules in the first quarter of 2023. IP68 junction boxes...
Shanghai gears up for the highly anticipated 'Aluminium China 2023' exhibition, promising an unforgettable experience!
Aluminium China brings together high-quality resources from the aluminium industry and various end-use applications, domestically and internationally. It is one of the leading international exhibitions for the aluminium industry and is set to showcase the latest advancements, technologies, and...
China contemplating WTO case against Indonesia resulting in bauxite ban: Joko Widodo
Indonesian President Joko Widodo has stated that the government is prepared to respond should any countries seek legal action against the ban on bauxite exports implemented earlier this month. Joko Widodo announced on December 20, 2022, that the nation would ban bauxite exports , the primary ore...
China aluminium producers eye Indonesia after reaching domestic capacity ceiling
China's aluminium producers are eyeing Indonesia for setting up smelters like nickel manufacturers. Indonesia has shown interest in housing aluminium smelters as they have done with nickel. They want to stop exporting aluminium raw materials and working on getting foreign investors to build...
China’s A00 aluminium ingot price marks M-o-M surge of RMB310/t; Australian alumina price dips by US$2/t
On Tuesday, June 20, China’s A00 aluminium ingot price has grown by RMB 70 per tonne to halt at RMB 18,850 per tonne. M-o-M, the A00 aluminium ingot price registered a surge of RMB 310 per tonne from RMB 18,540 per tonne recorded on June 19. One of the main reasons for the increment in the prices...
AL CircleBiz enlists Kaifeng’s Datong Refractories: China’s top refractory materials supplier
Datong Refractories, a company with its head office in Kaifeng, Henan, China, takes immense pride in providing fooder for top-quality refractories. It produces elements like reactive and calcined alumina, calcium aluminate cement, fused spinel, fused mullite, tabular alumina, white fused alumina,...
LME aluminium benchmark price closes the week with a hike of US$27.5/t; SHFE price drops to US$2,577/t
On Friday, June 16, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$28 per tonne or 1.27 per cent and US$27.5 per tonne or 1.25 per cent to stand at US$2,224 per tonne and US$2,224.50 per tonne. 3-month bid price and 3-month offer price expanded by US$33...
China’s A00 aluminium ingot price sheds RMB40/t with high potential shown last week, down 6.64% Y-o-Y
As per the aluminium price index displayed in the Shanghai Metal Market, the aluminium spot price has experienced an RMB 40 per tonne loss, officially stopping at RMB 18,780 per tonne today, June 19. The average aluminium price trends are between RMB 18,760 per tonne and RMB 18,800 per tonne....
China's May aluminium imports show a modest 1.8% Y-o-Y increase
The largest producer and consumer of aluminium, China’s customs data on June 18, 2023, revealed that aluminium imports in May inclined 1.8 per cent from the previous year. However, despite this, arrivals decreased from the last month due to sluggish industrial demand. According to the General...
Primary aluminium weekly: Increased rainfall in Yunnan improves power supply to aluminium smelters in the region
Rio Tinto plans to spend $1.1 billion (CAN$1.4 billion) to expand its state-of-the-art AP60 aluminium smelter at Complexe Jonquière in Canada. This development will compensate for the closure of potrooms at the Arvida smelter in the same location and the loss of 170,000 tonnes of capacity. Besides...
Guinea emerges as China's major bauxite source amid Indonesia's export halt, anticipates 30% surge in 2023
Guinea is indeed one of the world's largest producers and exporters of bauxite, which is the primary source of aluminium. Historically, Indonesia was a significant bauxite supplier, but it implemented an export ban on unprocessed bauxite to encourage the development of its domestic aluminium...
A00 aluminium price in China drops RMB50/t today, up 2.77% M-o-M; Alumina spot price loses RMB3/t
According to the Shanghai Metal Market, the aluminium spot price has experienced an RMB 50 per tonne loss, officially stopping at RMB 18,530 per tonne today, June 15. The average aluminium price trends are between RMB 18,510 per tonne and RMB 18,550 per tonne. The A00 aluminium ingot price was RMB...
Yunnan to improve power supply to aluminium smelters in the province: Chinese experts
On June 13, 2023, an international media house reported that Chinese experts attached to the situation of the aluminium industry in China's southwestern Yunnan province revealed energy supply to aluminium smelters would be increased later this month, enabling a portion of the capacity in the...
LME benchmark aluminium price shifts 0.25% up while SHFE drops US$17/t
On June 13, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,193 per tonne and US$2,193.50 per tonne, decreasing by US$27.50 per tonne or 1.24 per cent each, if compared with the aluminium price chart of Friday, June 9. It jumped by US$5.50...
China’s A00 aluminium ingot price records M-o-M surge of RMB500/t due to improved economic activities
On Wednesday, June 14, China’s A00 aluminium ingot price has expanded by RMB 180 per tonne to settle at RMB 18,580 per tonne. As the balance sheets of the companies are showing improvement due to economic recovery in China, companies are showing interest in purchasing aluminium stocks. Also, with...
China’s domestic aluminium production in five months record a Y-o-Y growth of 3% to 16.742 MT
Aluminium production in China stood at 3.472 million tonnes in May 2023 (31 calendar days), reflecting year-on-year growth of 1.08 per cent, found the Shanghai Metals Market survey. China’s total output from January to May totalled 16.742 million tonnes, a year-on-year increase of 3.36 per cent....
