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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Building & Construction will pave the path for aluminium extrusion growth at a CAGR of 5.9% till 2025
The increasing demand for lightweight vehicles has led to a significant growth of aluminium extrusions usage. The applications of aluminium extrusions know no bound in the transportation sector. From panels to engine blocks, roof rails to chassis of cars, aluminium extrusions are a part of the...
China’s A00 aluminium ingot price augments by RMB210/t on alternate days this week; Alumina spot price slumps by US$1/t
The current aluminium price in China has halted at RMB 18,600 per tonne, with a stark increase of RMB 210 per tonne, as the Shanghai Metals Market reported on May 18, Thursday. The average aluminium price trends are between RMB 18,580 per tonne and RMB 18,620 per tonne. The premium prices have...
China’s alumina production grows 5.4% in April’23, underpinned by Henan, Hebei, Guangxi, Shandong
China’s metallurgical-grade alumina production in April 2023 (30 calendar days) stood at 6.54 million tonnes compared to 6.64 million tonnes in March (31 calendar days), showed the Shanghai Metals Market survey. Hence, on a month-on-month calculation, China’s alumina output reflected a 1.5 per cent...
Aluminium billet inventories in China expand by 10,900 tonnes W-o-W
As of May 11, the domestic aluminium billet social inventory closed at 168,600 tonnes, up 10,900 tonnes from the previous week. Inventory grew as a result of continuous cargo arrivals and low downstream consumption. A growing proportion of molten aluminium was converted into billets and other...
China’s A00 aluminium ingot price records back-to-back hike to RMB18,390/t; Alumina price drops by RMB4/t
On Wednesday, May 17, China’s A00 aluminium ingot price has extended its growth for the third consecutive day by RMB 150 per tonne to settle at RMB 18,390 per tonne. The average prices are expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne. The spot contract price may be traded...
China’s aluminium production in April’23 dips 1% M-o-M due to ongoing production cuts in Yunnan
According to the National Bureau of Statistics, China's aluminium production in April 2023 (30 calendar days) fell 1.2 per cent month-on-month at 3.33 million tonnes. In March 2023 (31 calendar days), the output was 3.37 million tonnes, which brought the Q1 production to 9.8 million tonnes. In the...
China’s A00 aluminium ingot price glides up RMB210/t mid-May; Alumina spot prices mark uniform fall of RMB5/t
The current aluminium price in China has halted at RMB 18,240 per tonne, with a levitation of RMB 210 per tonne, as the Shanghai Metals Market reported on May 16, Tuesday. The average aluminium price trends are between RMB 18,220 per tonne and RMB 18,260 per tonne. The premium prices have ranged...
China's Shandong Nanshan plans to expand the Indonesian alumina refinery site to a $6 billion aluminium smelting complex
According to our source, China's Shandong Nanshan wants to expand its new Indonesian alumina refinery site to a USD$6 billion aluminium smelting complex by 2028, making it one of the most significant foreign investments in the country. Shandong Nanshan is incorporated among many private Chinese...
China’s A00 aluminium ingot price hikes to RMB18,030/t; Alumina price falls by RMB3/t
On Monday, May 15, China's A00 aluminium ingot price has hiked by RMB 140 per tonne to halt at RMB 17,940 per tonne. The average prices are expected to stand between RMB 18,010 per tonne and RMB 18,050 per tonne, with the spot contract price expected to be traded at a discount price of RMB 20 to a...
China’s aluminium ingot inventories drop 48,000 tonnes W-o-W forecasting lower accumulation
According to the Shanghai Metals Market, China’s social inventories of aluminium ingot further tumbled by 48,000 tonnes over a week across the eight major consumption areas, including SHFE warrants, to halt at 787,000 tonnes as of Thursday, May 11. We see the beginning of May to be sluggish, but...
Baotou Aluminium joins ASI as the new Production and Transformation member
Baotou Aluminium Co., an electrolytic aluminium base of Chinalco in northern China, has been enlisted by the Aluminium Stewardship Initiative (ASI) as the new Production and Transformation member. Founded in 1958, the company was an electrolytic aluminium enterprise constructed during China's...
China’s A00 aluminium ingot price faces RMB430/t massive plunge; Alumina spot price sheds RMB1/t
The current aluminium price in China has halted at RMB 17,890 per tonne, with a steep fall of RMB 430 per tonne, as the Shanghai Metals Market reported on May 12, Friday. The average aluminium price trends are between RMB 17,870 per tonne and RMB 17,910 per tonne. The discount prices have ventured...
ASI enlists AWM as its new Production and Transformation member
On May 10, Aluminium Stewardship Initiative (ASI) announced the joining of Asiaway Automotive Components Mexico (AWM) as the new Production and Transformation member. AWM specialises in die casting and machining aluminium components. AWM is a subsidiary of Asiaway Group (headquartered in China,...
China’s A00 aluminium ingot price drops by RMB70/t in the wake of lower demand and global economic challenges
On Thursday, May 11, China’s A00 aluminium ingot price has decreased by RMB 70 per tonne to halt at RMB 18,320 per tonne. A W-o-W calculation recorded a slump of RMB 190 per tonne from RMB 18,510 per tonne. Today, the average prices are expected to stand between RMB 18,300 per tonne and RMB 18,340...
Aluminium billet inventories in China ascend by 15,600 tonnes to 157,700 tonnes
On Thursday, May 4, China’s aluminium billet social inventory closed at 157,700 tonnes, up by 15,600 tonnes from the previous week. The increase was primarily attributable to arrivals over the Labour Day vacation and inadequate pre-holiday stockpiling. Smelters have been selling an increasing...
China’s A00 aluminium ingot price soars up RMB30/t mid-week; Alumina spot price plunges by RMB2/t
China’s A00 aluminium ingot price has increased by RMB 30 per tonne levitation in China, officially closing at RMB 18,390 per tonne, as the Shanghai Metals Market recorded on May 10, Wednesday. The average prices are expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne, with spot...
China’s aluminium smelters operating rates record strong in March’23, credit goes to 20.65 MT of installed capacity
According to the Shanghai Metals Market survey, China’s aluminium smelters operating rates in primary production hubs, including Shandong, Xinjiang, and Inner Mongolia, stood robust in March 2023. The amalgamated installed aluminium capacity in these three provinces was 20.65 million tonnes, nearly...
China’s A00 aluminium ingot price marks M-o-M fall of RMB260/t owing to weaker metal consumption
According to the Shanghai Metals Market (SMM), A00 aluminium ingot price in China has fallen by RMB 110 per tonne on Tuesday, April 9, to stand at RMB 18,360 per tonne. The spot contract prices are expected to be traded at a premium price of RMB 20 to RMB 60 per tonne, with the average prices...
