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 plate/sheet, strip & foil operating rates slightly up in Feb'23, given a slow improvement in new orders
According to the Shanghai Metals Market survey, the average operating rates of China's domestic aluminium plate/sheet and strip producers stood month-on-month higher by 0.62 percentage point at 63.15 per cent during February 2023. But on a year-on-year basis, the operating rates edged a significant...
China’s A00 aluminium ingot price falls by RMB180/t to RMB18,140/t; Aluminium powder price dips by RMB0.2/kg
On Thursday, March 16, China’s A00 aluminium ingot price has contracted by RMB 180 per tonne to close at RMB 18,140 per tonne, with the spot contract price expected to be traded at a discount price of RMB 60 to RMB 20 per tonne. The average price is expected to range between RMB 18,120 per tonne...
China’s aluminium output in Jan-Feb’23 rises by 7.5%, the highest since 2015
The data from the National Bureau of Statistics (NBS) revealed that the primary aluminium output in China, the world's largest aluminium producer, increased to 6.74 million tonnes in January-February 2023 from 6.33 million tonnes in Jan-Feb 2022. According to official data released on Wednesday,...
China’s A00 aluminium ingot price glides RMB40/t up; Aluminium alloy (A356) price surges by RMB50/t
A00 aluminium ingot price has ascended by RMB 40 per tonne, officially closing at RMB 18,320 per tonne, as the Shanghai Metals Market recorded on March 15. The average prices are expected to range between RMB 18,300 per tonne and RMB 18,340 per tonne, with spot contracts trading at discount prices...
LME benchmark aluminium price slides down by US$12.5/t to US$2236.5/t; SHFE price soars US$17/t
LME aluminium opened at US$2310 per tonne on Monday and fell to US$2,275 per tonne before closing at US$2,320 per tonne, up 0.59 per cent. On March 13, Monday, the LME aluminium cash bid price slumped by US$12.50 per tonne or 0.56 per cent to clock at US$2,235.50 per tonne, and the LME aluminium...
China's A00 aluminium ingot price moves up by RMB60/t; Low carbon aluminium price mounts to RMB18,932/t
On Tuesday, March 14, A00 aluminium ingot price in China went up by RMB 60 per tonne to halt at RMB 18,280, with the spot contract price expected to be traded at a discount price of RMB 30 per tonne and premium price of RMB 10 per tonne. The average price is expected to range between RMB 18,260 per...
China’s A00 aluminium ingot price drops RMB10/t on March 13; Low carbon aluminium price gathers RMB20/t
A00 aluminium ingot price has slumped by RMB 10 per tonne, officially closing at RMB 18,220 per tonne, as the Shanghai Metals Market recorded on March 13. The average prices are expected to range between RMB 18,200 per tonne and RMB 18,240 per tonne, with spot contracts trading at discount prices...
SUSTech scientists use aluminium built low-loss interconnects for superconducting quantum processors
Scientists at the Southern University of Science and Technology (SUSTech), the International Quantum Academy, and other institutions in China have developed low-loss interconnects for connecting the various modules of modular superconducting quantum processors. These interconnects are built on...
China’s daily alumina production mounts to 219000 tonnes in Feb’23, yet fails to bring monthly output higher in 28 days
In February 2023 (28 calendar days), China’s metallurgical-grade alumina production decreased by 3.9 per cent month-on-month to stand at 6.12 million tonnes versus 6.37 million tonnes in January (31 calendar days), found the Shanghai Metals Market data. But the daily output increased by 14,000...
GITC declines to waive anti-dumping tariffs on Asadtek Group's Chinese aluminium components
The Ghana International Trade Commission (GITC) has denied a petition for a waiver of 35.77 per cent Anti-Dumping Duty (ADD) imposed on consignments of aluminium coils and circles imported from China by the Asadtek Group of Companies. The GITC stated, “The imported consignments were not brought...
China’s A00 aluminium ingot price plummets by RMB230/t; Low-carbon aluminium price declines below RMB19000/t
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price has plummeted by RMB 230 per tonne on March 10, following a dip of RMB 10 per tonne last day. Thus, the price has closed the week at RMB 18,230 per tonne, recording a week-on-week fall of RMB 320 per tonne or 1.73...
LME benchmark aluminium price faces US$2.5/t spike; SHFE aluminium price descends by US$31/t
LME aluminium opened at US$2,361.5 per tonne on Thursday and closed at US$2,319.5 per tonne, down US$34.5 per tonne or 1.47 per cent. On March 9, Thursday, the LME aluminium cash bid price slightly rose by US$2 per tonne or 0.09 per cent to clock at US$2,290 per tonne, and the LME aluminium...
China’s primary aluminium inventory drops 2,000 tonnes week-on-week on March 9
According to the Shanghai Metals Market, China's primary aluminium inventories dipped by 2,000 tonnes on a weekly basis across eight major consumption areas, including SHFE warrants. On Thursday, March 9, the inventories came in at 1,267,000 tonnes, which in comparison with the first Monday of this...
China’s A00 aluminium ingot price descends by RMB10/t on March 9; Eight provinces face aluminium price drop
A00 aluminium ingot price has decreased by RMB 10 per tonne, officially closing at RMB 18,460 per tonne, as the Shanghai Metals Market recorded on March 9. The average prices are expected to range between RMB 18,440 per tonne and RMB 18,480 per tonne, with spot contracts trading at discount prices...
A00 aluminium ingot price in China returns to RMB18470/t on March 8; Aluminium alloys prices lose RMB100/t
A00 aluminium ingot price in China has again lost RMB 100 per tonne, which it gained the earlier day, according to the Shanghai Metals Market survey. Therefore, as of March 8, the price has returned to RMB 18,470 per tonne, with average prices estimated to range between RMB 18,450 per tonne and RMB...
LME benchmark aluminium price marks US$9/t dive to US$2312.50/t; SHFE plunges by US$37/t
LME aluminium opened at US$2,385 per tonne on Tuesday and closed at US$2,347 per tonne, down US$35 per tonne or 1.47 per cent. On March 7, Tuesday, the LME aluminium cash bid price dropped down by US$9 per tonne or 0.39 per cent to stop at US$2,312 per tonne, and the LME aluminium official...
China’s A00 aluminium ingot price glides up by RMB100/t; Alumina price in Guizhou sheds RMB10/t
A00 aluminium ingot price has seen RMB 100 per tonne augmentation, halting at RMB 18,570 per tonne, as the Shanghai Metals Market recorded on March 7. The average prices are expected to range between RMB 18,550 per tonne and RMB 18,590 per tonne, with spot contracts trading at discount prices of...
ASI enlists Shandong Yuhang Special Alloy Equipment as the new Production and Transformation member
On Wednesday, March 1, 2023, the Aluminium Stewardship Initiative (ASI) announced that it welcomed Shandong Yuhang Special Alloy Equipment Co., Ltd as the new Production and Transformation member. Handian Village in Zouping city is home to Shandong Yuhang special alloy equipment Co., Ltd.,...
