WEEKLY: China alumina prices edge lower but pace slows as firm costs buffer soft supply glut
Domestic alumina spot prices held steady with slight adjustments last week, and scattered transactions showed mixed pricing. On the supply side, recent domestic alumina operating capacity stayed at around 99.4 million tonnes per year. A new alumina project in Beihai, Guangxi, is expected to start...
Integrated building solutions: DERCHI's OEM/ODM aluminium sliding window capabilities for high-value engineering projects
In the contemporary architectural landscape, executing high-value engineering projects-ranging from premium multi-family residential complexes to expansive commercial developments-demands an unprecedented level of structural precision and design flexibility. Project architects, facade consultants,...
Grow with
AL Circle
A00 aluminium ingot price in China opens the week higher at RMB15,160/t; Aluminium fluoride price soars by RMB350/t
A00 aluminium ingot price in China has begun the week with a surge of RMB 70 per tonne to stand at RMB 15,160 per tonne, as of Monday, November 9, found the Shanghai Metals Market. The average prices are expected to range between RMB 15,140 per tonne and RMB 15,180 per tonne, with spot contract to...
Weekly update: Aluminium ingot price in China saw mixed performance this week; Alumina prices remained unchanged
SMM aluminium ingot price witnessed fluctuations over the week. The price on Monday and Tuesday stood higher at RMB 15050 per tonne and RMB 15150 per tonne. The price dropped by RMB 10 per tonne to RMB 15080 per tonne on Thursday, after declining by RMB 60 per tonne on Wednesday. Aluminium ingot...
US aluminium scrap exports to China decline for the second consecutive month in July 2020 to 8,500 tonnes
The United States aluminium scrap exports to China fell sharply in July 2020 by 13,100 tonnes or 60.64 per cent month-on-month to stand at 8,500 tonnes, marking the second consecutive month of decline, according to the US Geological Survey. In June 2020, the United States aluminium scrap exports...
Outlook to China’s heating season 2020-21 impact on prebaked anode industry
The Shanghai Metals Market has analysed the impact of the upcoming heating season on China’s prebaked anode industry, based on the relevant policies and specific measures in 2+26 cities. 2020 is the last year of China’s three-year action plan to fight air pollution, and many regions in northern...
Primary aluminium inventories in China fall sharply by 34,000 tonnes on November 5, 2020
According to the Shanghai Metals Market, social inventories of primary aluminium ingots have shrunk sharply this week, ending on Thursday, November 5, due to robust downstream demand and limited arrivals of stocks. Data shows the inventories have decreased by 34,000 tonnes across eight major...
Aluminium billet inventories in China rise by 4,400 tonnes to 94,500 tonnes
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased this week due to higher arrivals. The inventories rose 4,400 tonnes from previous week to stand at 94,500 tonne as of Thursday, 05 November 2020. The chart below indicates the...
Iran’s import of Aluminium Sheets, Plates and Strips during 2018-20 reflects an upward trend
Iran’s economy is a mixed and transition economy with a large public sector. It is counted as the world's eighteenth largest by purchasing power parity. Some 60% of Iran's economy is centrally planned. Although, FocusEconomics Panellists see the economy contracting 7.3% in SH 2020, which is up 1.2%...
A00 aluminium ingot price drops for the second day in a row to RMB15,080/t; Australian alumina FOB price dips by $2/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has extended its downfall on November 5, albeit lower than the previous day, to stand at RMB 15,080 per tonne. The price today has fallen by RMB 10 per tonne compared with the decline of RMB 60 per tonne on November 4. The...
Chalco to sell 135,000tpa aluminium smelting capacity quota to Yunnan Aluminium: Source
Aluminum Corporation of China Limited, popularly known as Chalco, announced on Tuesday, November 3, that it would sell a smelting capacity quota of 135,000 tonnes per annum to Yunnan Aluminium. Like Chalco, Yunnan Aluminium is also a subsidiary of state-owned Chinalco, the world’s biggest aluminium...
Outlook to China’s 2020-21 heating season impact on aluminium and alumina industries: SMM
Many northern regions in China are about to enter the heating season. This year is the final year of China’s three-year “Blue Sky” action plan. So, the Shanghai Metals Market has presented an analysis of the heating season on the aluminium and alumina industries based on relevant policies and...
China's A00 aluminium ingot price extends growth to RMB15150/t; Prebaked anode price in Central hikes by RMB80/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has recorded a surge of RMB 100 per tonne on Tuesday, November 3, to stand at RMB 15,150 per tonne, marking the third consecutive day of rising since October 30. On November 2, the price opened the week with a hike of RMB...
Weekly update: Aluminium ingot price in China performed lower this week; Alumina prices remained flat
SMM aluminium ingot price continued to trend lower this week. The price on Tuesday, 27 October, declined by RMB 10 per tonne to stand at RMB 14880 per tonne, after remaining flat on Monday. The price dropped by RMB 140 per tonne and RMB 30 per tonne on Wednesday and Thursday, ending the price at...
Crisil Research: India’s primary Aluminium export up-rises, cushions domestic plunge amid COVID-19 pandemic
The up-rise in primary aluminium export has supported the industry producers of the metal to cushion a rapid plunge in domestic demand amid the COVID-19 outbreak, as per the Crisil Research report. Crisil report indicates: “Primary aluminium exports rose by 50% in the first quarter of the current...
Primary aluminium inventories in China extend decline this week by 7,000 tonnes to 688,000 tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium have extended decline by 7,000 tonnes this week, ending on Thursday, October 29. The data shows the inventories have decreased across eight major consumption areas in China, including SHFE warrants, to come in at...
Aluminium billet inventories in Foshan decline by 8,800 tonnes to 32,500 tonnes
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped 700 tonnes from previous week to stand at 90,200 tonne as of Thursday, 29 October 2020. The chart below indicates the current status of aluminium billet inventories across China...
No new aluminium production in China’s West, suggests Environment Ministry
On Tuesday, October 27, China’s environment ministry said no new aluminium production would be encouraged in the country’s sprawling western region, which occupies more than half the country’s total land area, including the Xinjiang region. Aluminium smelters in China have been increasingly...
Chalco’s net profits quadrupled in Q3; Aluminium production declined 5.3%
Aluminum Corporation of China Limited, known as Chalco, reported 5.3% year-on-year drop in third-quarter production to 900,000 tonnes. The primary aluminium output declined by 2.8% year-on-year to 2.76 million tonnes in the first nine months of 2020, Reuters reported. The company said in a Hong...
Lee Kee Group becomes General Supporter member of Aluminium Stewardship Initiative
Lee Kee Group has become new General Supporter member of the Aluminium Stewardship Initiative (ASI). This brings the total number of members to 140. “At Lee Kee, sustainability is integral to our business. Our policies and consistent implementation of environmentally and socially responsible...
