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China’s aluminium billet stocks built up 16,400 tonnes on lower shipments
28 JAN 20211MINS

China’s aluminium billet stocks built up 16,400 tonnes on lower shipments

According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China climbed by 16,400 tonnes on lower shipments. The inventories stood at 100,700 tonnes as of Thursday, 28 January 2021. Aluminium billet shipments reduced to 36,100 tonnes this week on lower...

Primary aluminium inventories gain 13,000 tonnes this week to stand at 682,000 tonnes
28 JAN 20211MINS

Primary aluminium inventories gain 13,000 tonnes this week to stand at 682,000 tonnes

According to Shanghai Metals Market, social inventories of primary aluminium have gained 13,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows the stocks this week, ending on Thursday, January 28, have come in at 682,000 tonnes compared to...

Nigeria’s import of Aluminium Bar Rods and Profiles during 2019-20 exhibits robust growth; 2021 predicted with 23% de-growth
28 JAN 20212MINS

Nigeria’s import of Aluminium Bar Rods and Profiles during 2019-20 exhibits robust growth; 2021 predicted with 23% de-growth

Nigeria has entered into a recession after its GDP plunged for the second consecutive quarter. Africa’s biggest economy is in recession for the first time since 2016. The recession four years ago was its first in a generation, and the country emerged from it the following year. However, growth has...

China’s aluminium price declines by RMB 40/t; Aluminium Alloy (A356) stands at RMB15550/t
28 JAN 20212MINS

China’s aluminium price declines by RMB 40/t; Aluminium Alloy (A356) stands at RMB15550/t

SMM aluminium ingot price has registered a drop for the three days in a row. As of Thursday, 28 January 2021, the price now stands at RMB 14870 per tonne, representing a decline of RMB 40 per tonne from Wednesday’s price of 14910 per tonne. The price is expected to range at RMB 14850-14890 per...

World alumina output surges 5% in December; total production stands at 133.775 MT in 2020
27 JAN 20211MINS

World alumina output surges 5% in December; total production stands at 133.775 MT in 2020

Global alumina production stood at 11.840 million tonnes in December 2020, an increase of 5.06% from 11.270 million tonnes in December 2019, according to the latest data showed by the International Aluminium Institute (IAI) on Tuesday, 26 January 2021. On a month-on-month comparison, the output...

China’s alumina spot price settles higher for the fourth consecutive day at RMB2403/t; A00 aluminium ingot price extends downfall
27 JAN 20212MINS

China’s alumina spot price settles higher for the fourth consecutive day at RMB2403/t; A00 aluminium ingot price extends downfall

Extending hike for the fourth day in a row by RMB 5 per tonne, the average alumina spot price in China is standing at RMB 2,403 per tonne on Wednesday, January 27, according to Shanghai Metals Market data. All the major Chinese markets have also witnessed the growth of RMB 5 per tonne. In Shandong,...

Chinese alumina spot price further expands to settle at RMB 2,394/t; A00 aluminium ingot price gains RMB30/t
25 JAN 20212MINS

Chinese alumina spot price further expands to settle at RMB 2,394/t; A00 aluminium ingot price gains RMB30/t

Average alumina spot price in China has opened the week on Monday, January 25, with a further hike of RMB 9 per tonne to stand at RMB 2,394 per tonne, according to Shanghai Metals Market data. In Shandong, Guizhou, and Guangxi, alumina spot price has increased the highest by RMB 15 per tonne, found...

China’s aluminium billet inventories increase by 1600 tonnes this week on January 21
22 JAN 20211MINS

China’s aluminium billet inventories increase by 1600 tonnes this week on January 21

According to Shanghai Metals Market, 6063 aluminium billet inventories gained 1,600 tonnes week-on-week, ending on Thursday, January 21, across the five major Chinese consumption areas. Data shows the inventories this week has come in at 84,300 tonnes versus 82,700 tonnes last Thursday, January 14....

World primary aluminium production grows 3% M-o-M to 5.67MT in December 2020; Full-year production gains 2.5%
22 JAN 20212MINS

World primary aluminium production grows 3% M-o-M to 5.67MT in December 2020; Full-year production gains 2.5%

According to the latest data shared by the International Aluminium Institute, world primary aluminium production in December 2020 stood at 5.670 million tonnes, bringing the total output of the year to 65.267 million tonnes. The output in December edged 3.02 per cent higher month-on-month from...

Senegal’s import of Aluminium Bar Rods and Profiles during 2018-20 reflects speedy growth
22 JAN 20212MINS

Senegal’s import of Aluminium Bar Rods and Profiles during 2018-20 reflects speedy growth

Senegal has remained as an attractive after the COVID-19 pandemic and it is a known fact that Senegal, of all Francophone African countries, indisputably offers a very welcoming environment for foreign investors, and delivers numerous advantages. Senegal is very politically stable and has...

China’s alumina spot price gains RMB9/t after remaining restrained for a day; A00 aluminium ingot price sheds RMB20/t
22 JAN 20212MINS

China’s alumina spot price gains RMB9/t after remaining restrained for a day; A00 aluminium ingot price sheds RMB20/t

After a restraint last day at RMB 2,376 per tonne, the average alumina spot price has recorded a growth of RMB 9 per tonne to close the week on Friday, January 22, at RMB 2,385 per tonne, according to Shanghai Metals Market. However, the hike today has not touched upon all the major Chinese cities,...

Primary aluminium inventories fall by 15,000 tonnes after three consecutive weeks of growth
21 JAN 20211MINS

Primary aluminium inventories fall by 15,000 tonnes after three consecutive weeks of growth

According to Shanghai Metals Market, social inventories of primary aluminium have decreased by 15,000 tonnes week-on-week across eight major Chinese consumption areas, including SHFE warrants, after the past three consecutive weeks of rising. The stocks, as of Thursday, January 21, have come in at...

AlCircle launches "Global Aluminium Industry Outlook 2021": A conclusive report
20 JAN 20213MINS

AlCircle launches "Global Aluminium Industry Outlook 2021": A conclusive report

As we have crossed one of the difficult years in the history of industrialisation and entered 2021 with a lot of hopes and inspiration, AlCircle think tank came up with a conclusive preview report “Global Aluminium Industry Outlook 2021” . The preview report elaborates the future of the global...

China’s alumina spot price edges higher at RMB2376/t after two days of restraint; A00 aluminium ingot price declines
20 JAN 20212MINS

China’s alumina spot price edges higher at RMB2376/t after two days of restraint; A00 aluminium ingot price declines

Average alumina spot price in China has recorded a growth of RMB 9 per tonne on Wednesday, January 20, after remaining restrained at RMB 2,367 per tonne in the past two consecutive days. The price today has clocked at RMB 2,376 per tonne, according to Shanghai Metals Market data. In Shandong and...

Chinese secondary aluminium producers operating rates increase for the second consecutive month in December 2020 to 62.65%
20 JAN 20211MINS

Chinese secondary aluminium producers operating rates increase for the second consecutive month in December 2020 to 62.65%

According to Shanghai Metals Market data, secondary aluminium producers operating rates in China increased slightly by 0.23 percentage point month-on-month to stand at 62.65 per cent in December 2020. This marks the second consecutive month of rising in secondary aluminium operating rates as they...

China’s aluminium imports report record-high at 2.7MT in 2020; Imports in December surge 147.3% on year
19 JAN 20211MINS

China’s aluminium imports report record-high at 2.7MT in 2020; Imports in December surge 147.3% on year

China, the world’s biggest aluminium producer, imported 265,569 tonnes of unwrought aluminium and aluminium products in December, the highest since September 2020, found the General Administration of Customs data. The import volume in December was up by 40.43 per cent month-on-month from 188,973...

RUSAL teams up with Mingtai Aluminium to sell low-carbon aluminium products
19 JAN 20212MINS

RUSAL teams up with Mingtai Aluminium to sell low-carbon aluminium products

RUSAL has collaborated with Henan Mingtai Aluminum Co., Ltd, for the supply of low-carbon aluminium products to meet rising market demand. RUSAL will deliver low-carbon primary aluminium under ALLOW brand to Mingtai’s plants, including the new Gwangyang rolling mill in South Korea. The Gwangyang...

China’s 2020 aluminium production records 4.9% growth to 37.08MT, with December output at all-time high
19 JAN 20211MINS

China’s 2020 aluminium production records 4.9% growth to 37.08MT, with December output at all-time high

According to the latest data revealed by the National Bureau of Statistics (NBS), China’s aluminium production in 2020 increased by 4.9 per cent year-on-year to stand at 37.08 million tonnes, attributing to capacity ramp-up by smelters to cash in on soaring prices. Output in December stood all-time...