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A00 aluminium ingot price comes below RMB15000/t on January 19; Aluminium alloy(A356) price falls by RMB200/t
19 JAN 20212MINS

A00 aluminium ingot price comes below RMB15000/t on January 19; Aluminium alloy(A356) price falls by RMB200/t

A00 aluminium ingot price in China has again come below RMB 15,000 per tonne after hiking in the past two consecutive days to stand at RMB 15,060 per tonne on Monday, January 18, found the Shanghai Metals Market. According to SMM data, the price is hovering around RMB 14,830 per tonne on Tuesday,...

China’s aluminium ingot price opened the week higher at RMB 15060/t; Aluminium Alloy (A356) up by RMB 100/t
18 JAN 20212MINS

China’s aluminium ingot price opened the week higher at RMB 15060/t; Aluminium Alloy (A356) up by RMB 100/t

SMM aluminium ingot price opened the week higher. The price stands at RMB 15060 per tonne on Monday, 18 January 2021, a growth of RMB 120 per tonne from Friday’s price of RMB 14940 per tonne. The price is expected to move within a range of RMB 15040-15080 per tonne. In Foshan and Wuxi, the price...

Weekly update: Aluminium ingot price in China trended lower this week; Alumina price remained flat
16 JAN 20212MINS

Weekly update: Aluminium ingot price in China trended lower this week; Alumina price remained flat

SMM aluminium ingot price trended lower, except Friday. The price declined by RMB 310 per tonne and RMB 350 per tonne to stand at RMB 15400 per tonne and RMB 15050 per tonne on Monday,11 January and Tuesday,12 January. The price further dropped to RMB 14720 per tonne on Thursday, down from RMB...

Aluminium billet inventories in China decrease 3000 tonnes this week on slight increase in shipments
15 JAN 20211MINS

Aluminium billet inventories in China decrease 3000 tonnes this week on slight increase in shipments

Shanghai Metals Market data showed aluminium billet inventories in China decreased by 3,000 tonnes this week, ending on Thursday, January 14. According to SMM data, aluminium billet stocks fell across five major Chinese consumption areas to stand at 82,700 tonnes, following a surge of 14,900 tonnes...

China’s alumina price rises by RMB 27/t; Alumina (Imported) price declines to RMB 2445/t
15 JAN 20212MINS

China’s alumina price rises by RMB 27/t; Alumina (Imported) price declines to RMB 2445/t

As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 27 per tonne today after five days of restrained at RMB 2340 per tonne. The price now stands at RMB 2367 per tonne as of Friday, 15 January 2021. Alumina prices in Shandong and Henan have risen by RMB 20...

Primary aluminium inventories continue to expand week-on-week to stand at 684,000 tonnes
14 JAN 20211MINS

Primary aluminium inventories continue to expand week-on-week to stand at 684,000 tonnes

According to the latest data shared by Shanghai Metals Market, the social inventories of primary aluminium have continued to grow, although slower than the previous week. Data shows the inventories have gained 20,000 tonnes across eight major Chinese consumption areas, including SHFE warrants,...

Yunnan Haoxin Aluminum Foil Co. Ltd. joins ASI as a new Production & Transformation member
14 JAN 20211MINS

Yunnan Haoxin Aluminum Foil Co. Ltd. joins ASI as a new Production & Transformation member

Aluminium Stewardship Initiative has announced the joining of Yunnan Haoxin Aluminum Foil Co. Ltd. as a new Production & Transformation member, which brings the total number of ASI Members to 152. Yunnan Haoxin Aluminum Foil Co. Ltd. is committed to the production, development, and sales of...

Georgia’s imports of Aluminium Plates, Sheets and Strips during 2018-20 displays plunge; expenditures remained high
14 JAN 20212MINS

Georgia’s imports of Aluminium Plates, Sheets and Strips during 2018-20 displays plunge; expenditures remained high

As per the World Bank’s Economic Update for the edition released in October’20, the Emerging and developing economies in the Europe and Central Asia region are on course to shrink by 4.45 in 2020 and considered as the worst recession since the global financial crisis of 2008. Georgia’s economy was...

A00 aluminium ingot price records fourth consecutive day of decline to RMB14,720/t; Bauxite price in Henan shrinks by RMB7.5/t
14 JAN 20212MINS

A00 aluminium ingot price records fourth consecutive day of decline to RMB14,720/t; Bauxite price in Henan shrinks by RMB7.5/t

A00 aluminium ingot price has continued to fall for the fourth consecutive day by RMB 180 per tonne to stand at RMB 14,720 per tonne on Thursday, January 14, found the Shanghai Metals Market. The average prices are expected to range between RMB 14,700 per tonne and RMB 14,740 per tonne, with spot...

China’s aluminium ingot price slips by RMB 150/t; expected to range at RMB 14880-14920/t
13 JAN 20212MINS

China’s aluminium ingot price slips by RMB 150/t; expected to range at RMB 14880-14920/t

SMM aluminium ingot price registers a drop for the third day in a row. The price stands at RMB 14900 per tonne on Wednesday, 13 January 2021, a decrease of RMB 150 per tonne from Tuesday’s price of RMB 15050 per tonne. The price and is expected to move within a range of RMB 14880-14920 per tonne....

LME aluminium price closed higher at US$2025.50/t; SHFE price decreased for the third day to US$2316/t
13 JAN 20211MINS

LME aluminium price closed higher at US$2025.50/t; SHFE price decreased for the third day to US$2316/t

Benchmark aluminium price on the London Metal Exchange stood 0.87 per cent higher on Tuesday, January 12. As of Tuesday, January 12, LME aluminium cash (bid) price and LME official settlement price surged by US$ 17.50 per tonne to US$ 2025.50 per tonne, following a plunge in the previous day from...

China’s A00 aluminium ingot price declines the highest this month to RMB15,050/t; Alumina price in Shandong gains RMB10/t
12 JAN 20212MINS

China’s A00 aluminium ingot price declines the highest this month to RMB15,050/t; Alumina price in Shandong gains RMB10/t

A00 aluminium ingot price in China has recorded the highest downfall of January 2021 and the second-highest since the fall of RMB 430 per tonne on December 21, as of Tuesday, January 12. According to Shanghai Metals Market data, the price has plunged by RMB 350 per tonne to stand at RMB 15,050 per...

Molten aluminium ratio declines at Chinese aluminium smelters in December 2020: Know Why?
12 JAN 20212MINS

Molten aluminium ratio declines at Chinese aluminium smelters in December 2020: Know Why?

In December 2020, molten aluminium accounted for 66.6 per cent of China’s total aluminium production, found the Shanghai Metals Market. That was down by 1.17 percentage points from the previous month, owing to the increased proportion of ingot output at smelters in north China. The decline was most...

Egyptalum’s tender for car wheel rims production line receives 6 bids from European and Chinese firms
12 JAN 20212MINS

Egyptalum’s tender for car wheel rims production line receives 6 bids from European and Chinese firms

The Egypt Aluminium Company, Egyptalum has disclosed that six European and Chinese companies have submitted bids towards the tender for a car wheel rims production line. Egyptalum publicized on 21 st December’20 for the opening of the submissions window on an international tender for the production...

Tajikistan’s import of Aluminium Bars Rods and Profiles reveals downfall during 2018-19; marginal growth recorded in 2020
11 JAN 20212MINS

Tajikistan’s import of Aluminium Bars Rods and Profiles reveals downfall during 2018-19; marginal growth recorded in 2020

Tajikistan’s economy has had a tough impact due to the COVID-19 pandemic, as in other parts of the world and is amplifying health and social pressures, as reported by World Bank experts. Growth slowed to 4.2% in the first nine months of 2020, compared to 7.2% a year earlier. Bakhrom Ziyaev, World...

China’s alumina production falls 2.02% to 67.29 million tonnes in 2020; Output in December increases 1.53% Y-o-Y
11 JAN 20211MINS

China’s alumina production falls 2.02% to 67.29 million tonnes in 2020; Output in December increases 1.53% Y-o-Y

According to the latest data shared by Shanghai Metals Market, China’s metallurgical-grade alumina production in the entire year of 2020 came in at 67.29 million tonnes, down by 2.02 per cent on a year-on-year basis. In December, alumina output, including 5.75 million tonnes of metallurgical-grade...

China’s primary aluminium production stands at 37.12 million tonnes in 2020; Consumption rose 6%
11 JAN 20211MINS

China’s primary aluminium production stands at 37.12 million tonnes in 2020; Consumption rose 6%

According to recent data showed by Shanghai Metals Market, primary aluminium production in China increased 8 per cent year-on-year in December. Total output came in at 3.28 million tonnes last month. The daily average output stood at 105,800 tonnes in December, marking a growth of 300 tonnes...

Prebaked anode price in Southwest China climbs to stand at RMB 3772.5/t; Aluminium price falls by RMB 310/t
11 JAN 20212MINS

Prebaked anode price in Southwest China climbs to stand at RMB 3772.5/t; Aluminium price falls by RMB 310/t

Prebaked anode price in Southwest China market has edged higher by RMB 65 per tonne after remaining unchanged since December 4. The price stands at RMB 3772.5 per tonne today from previous price of RMB 3707.5 per tonne. It is likely to range at RMB 3625-3920 per tonne. Average prebaked anode prices...