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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China’s aluminium ingot inventories fall below 1 Mt, attributed to growing proportion of molten aluminium output
China’s social inventories of aluminium ingot across eight major consumption areas, including SHFE warrants, decreased by 72,000 tonnes week-on-week to come below 1 million tonnes on Thursday, April 13, found the Shanghai Metals Market survey. Data shows the inventories totalled 966,000 tonnes this...
China’s aluminium production in 1Q2023 improves 4.8% Y-o-Y to 9.92 million tonnes: SMM
According to the Shanghai Metals Market survey, China’s aluminium production in March 2023 (31 calendar days) stood at 3.41 million tonnes, registering an increase of 10.35 per cent month-on-month from 3.09 million tonnes. The data indicates that the monthly rise in March output brought it to the...
Alumina price in China inches down to RMB 2,917/t; A00 aluminium ingot price surges by RMB210/t
On Friday, April 14, the average alumina spot price in China inched down by RMB 1 per tonne to settle at RMB 2,917 per tonne. The prices in Lianyungang and Bayuquan have dropped by RMB 20 per tonne to settle at RMB 2,950 per tonne and RMB 3,050 per tonne. The price in Shanxi has fallen by RMB 10...
Prices of non-ferrous metals reflect mixed results
On April 11, 2023, the non-ferrous metals prices on the London Metal Exchange (LME) closed a mixed trend. The three-month aluminium futures contract fell 1.3 per cent to $2,302/t, while zinc prices fell 0.4 per cent to $2,779/t. Lead dropped 0.4% to $2,087/t. In the meantime, nickel prices climbed...
China’s March’23 alumina production grows 4.7% Y-o-Y, totalling Q1 output at 19.13 Mt
According to the Shanghai Metals Market, China's production of metallurgical-grade alumina in March 2023 (31 calendar days) increased by 8.5 per cent month-on-month to total 6.64 million tonnes. In February (28 calendar days), the output stood at 6.12 million tonnes versus 6.37 million tonnes in...
China’s A00 aluminium ingot price returns to positive shift in April adding RMB60/t today; Low-carbon aluminium grows RMB50/t
A00 aluminium ingot price has augmented by RMB 60 per tonne, officially closing at RMB 18,500 per tonne, as the Shanghai Metals Market recorded on April 13, Thursday. The average prices are expected to range between RMB 18,480 per tonne and RMB 18,520 per tonne, with spot contracts trading at...
China’s primary aluminium inventories drop 32,000 tonnes to total 1.006 Mt on April 10
According to the Shanghai Metals Market, social inventories of primary aluminium in China across eight major consumption areas dropped 32,000 tonnes at the beginning of the week on April 10, 2023. Thus, according to SMM, the inventories totalled 1.006 million tonnes. On a week-on-week basis, the...
China’s alumina spot price marks M-o-M fall of RMB18/t on April 12; A00 aluminium ingot price gains RMB60/t
The average alumina spot price in China has dropped by RMB 2 per tonne on Wednesday, April 12, after remaining restrained for the past three days at RMB 2,920 per tonne, found the Shanghai Metals Market. Data shows the price has come in at RMB 2,918 per tonne as of April 12, marking a...
China’s A00 aluminium ingot price slumps by RMB240/t; High-purity aluminium (99.99%) price records RMB300/t crash
A00 aluminium ingot price has plummeted by RMB 240 per tonne, officially closing at RMB 18,380 per tonne, as the Shanghai Metals Market recorded on April 11, Tuesday. The average prices are expected to range between RMB 18,360 per tonne and RMB 18,400 per tonne, with spot contracts trading at a...
“In 2023, HWAPENG will still keep itself competitive, focusing on creating values for customers and continuous innovation and breakthroughs,” Kathy Yuan, Head of Overseas Marketing Department at Hwapeng Machinery
AlCircle: What kind of equipment does HWAPENG supply to carbon plants? How do you foresee the year 2023? Kathy Yuan: Since its establishment in 1994, HWAPENG has been specializing in special purpose equipment and intelligent technologies for carbon plants manufacturing anodes, cathodes, graphite...
China’s Ningbo Xusheng Group invests $276 million to open five new foreign subsidiaries
Headquartered in China, Ningbo Xusheng Group is about to invest $276 million to materialise five new subsidiaries in the US, Mexico and Hong Kong. The company is an expert in the manufacture of high-precision aluminium alloy components for vehicles. The latest addition to the company’s existing...
China’s A00 aluminium ingot price dips by RMB50/t to RMB18,620/t; Low carbon aluminium price inches up by RMB1/t
On Monday, April 10, China’s A00 aluminium ingot price opened the week with a drop of RMB 50 per tonne to halt at RMB 18,620 per tonne, with the spot contract price expected to be traded at a discount price of RMB 50 to RMB 10 per tonne. The average prices are expected to range between RMB 18,600...
Aluminium jewellery, an eco-friendly substitute for Gold in the fashion industry
Creativity and sustainability are the new trend making waves in the fashion world. Fashion trends are constantly evolving, affected by various elements, including social movements, technical developments, and economic situations. One such change which is gaining traction very swiftly is using...
China’s A00 aluminium price marks RMB60/t rise to RMB18,670/t; High-purity aluminium (99.99%) price grows by RMB100/t
A00 aluminium ingot price has grown by RMB 60 per tonne, officially closing at RMB 18,670 per tonne, as the Shanghai Metals Market recorded on April 7, Friday. The average prices are expected to range between RMB 18,650 per tonne and RMB 18,690 per tonne, with spot contracts trading at discount...
Aluminium billet inventories in China expand by 6,100 tonnes W-o-W to 164,500 tonnes
A billet is one of the most widely used aluminium product forms globally. Billets are created directly through continuous casting or extrusion or indirectly through hot rolling an ingot or bloom. The billet is normally suitable for alloyed aluminium. As per the data, on Thursday, April 6, the...
A00 aluminium ingot price in China grows to RMB18,610/t; Alumina price inches down by RMB1/t
On Thursday, April 6, China’s A00 aluminium ingot price has grown by RMB 20 per tonne to halt at RMB 18,610 per tonne. The spot contract price is expected to be traded at a discount price of RMB 50 to RMB 10 per tonne. The average prices are expected to range between RMB 18,590 per tonne and RMB...
China’s aluminium ingot inventories continue downtrend posting 22,000 tonnes of fall over the weekend
According to the Shanghai Metals Market, China’s social inventories of primary aluminium across eight major consumption areas, including SHFE warrants, stood further down over the weekend by 22,000 tonnes as of Monday, April 3. Thus, SMM data showed the inventories totalled 1.066 million tonnes on...
Key highlights from the global aluminium value chain, March 2023
The global aluminium value chain has witnessed the month with several activities. The impacts of the geopolitical crisis on the aluminium industry sustain as of now, and the energy price effect continues to challenge the industry. AlCircle’s latest industry-focused report, “Global Aluminium...
