H1 2026 sees more renewable energy than ever: Here’s a region-by-region guide to renewable energy supply in the recent past
In the first half of 2025, humanity generated more electricity from renewables than from coal for the first time ever. What led to it? It was possible only because of two decades of falling solar panel prices, taller wind turbines, and governments finally treating clean power like an economic...
US Treasury yields rise, pressuring aluminium prices to consolidate at highs amid mixed signals
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
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Aluminium ingots inventories in Guangdong province in China to see decline in near term on brisk consumption
Aluminium ingots inventories in South China’s Guangdong province stood at 243,400 tonnes, as of April 30, down 191,400 tonnes or 44 per cent from a month earlier. Record-high shipments from warehouses and strong consumption amid low arrivals of stocks were the two primary reasons behind the dip in...
LME aluminium extended growth to US$1443/t on lower opening stock; SHFE increased to US$1816/t
The US dollar continued to rebound on Wednesday, as investors turned to the safe-haven currency in the wake of dire global economic data. The greenback advanced to its highest in more than a week against a basket of major currencies. Three-month LME aluminium came off after climbed, closing down...
US aluminium scrap exports to China grow 8.6% M-o-M in February, but down 70% Y-o-Y
The US Geological Survey showed the United States’ aluminium scrap exports to China grew in February 2020, following the jump in the previous month. In February, the US exported 11,400 tonnes of aluminium scrap to China, up 8.6 per cent from January. The country’s exports in January were 10,500...
Chongqing Hanlir’s aluminium alloy component project soon to start production
A 4,000 tonnes per year aluminium alloy component project of Chongqing Hanlir Machinery Manufacturing will reportedly commence soon as its Environmental Impact Assessment Report has been approved and published by the government of Jiangjin District, Chongqing, on April 29. The construction of the...
The Aluminium Bar Rods and Profiles importation market of Colombia is expanding as shown during 2017-20
The Republic of Colombia is a country largely situated in the north of South America, with territories in North America. The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product. Colombia has experienced a historic economic boom over the last decade....
Aluminium billet inventories in China rise 2,700 tonnes over holiday
Inventories of aluminium billet in China increased over the five-day Labour Day holiday, after eight consecutive weeks of decline. As updated by Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China stood at 132,100 tonnes as of May 6, an increase of...
China’s primary aluminium inventories drop by 32,000 tonnes over the holiday
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to decline over the five-day Labour Day holiday on robust demand and fewer arrivals. Inventories came in at 1.172 million tonnes as of Wednesday...
A00 aluminium ingot price jumps RMB180/t over the extended weekend; Aluminium alloys prices also up significantly
After the extended weekend holiday in China for Labour Day, the Chinese A00 aluminium ingot price has inaugurated the week starting May 6 with a jump of RMB 180 per tonne to RMB 12,980 per tonne, learned Shanghai Metals Market. The average prices are expected to range between RMB 12,960 per tonne...
American Senators knock the door of Donald Trump to address administrative failure over Chinese aluminium excess capacity
The US senators Patty Murray and Maria Cantwell and Representative Suzan Delbene and Rick Larsen have forwarded a letter to President Donald Trump, marking out the administrative failure towards competently addressing Chinese aluminium excess capacity and seek it to emphasize resolving this issue....
China’s alumina imports record a steep rise of 1147.1% in March 2020; Exports climb 88.18%
China, in March 2020, imported 338,600 tonnes of alumina, which was 1147.10 per cent higher than the imports in the same period last year, according to China customs data. Australia was the leading supplier in the said month, accounting for 159,770 tonnes of the total alumina imports by China. In...
Aluminium alloy make Lenovo M2 Electric Scooter with 30 km range sets in motion
Lenovo M2 electric scooter has been unveiled in China. The electric scooter is currently available for pre-order and it is offered in two colour options. Moreover, the M2 electric scooter weighs 12kg and can attain a top speed of 25kms per hour. Lenovo claims the scooter takes between 3 to 4 hours...
Brisk consumption lowers aluminium billet stocks in China to 129,400 tonnes for the eighth straight week
According to Shanghai Metals Market, the aluminium billet inventories have extended decline over the week ending Thursday, April 30, as brisk consumption has lowered stocks in Wuxi, Huzhou, and Changzhou. SMM data shows the stocks of 6063 aluminium billet have plunged by 16,3000 tonnes across five...
China’s primary aluminium inventories decline by 155,000 tonnes on week
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to trend lower for the fourth consecutive week on strong demand and fewer arrivals. Inventories stood at 1.204 million tonnes in the week ended...
USA ought to notice the origin place of Aluminium imports derive
The U.S. has proposed rules to track aluminium imports more minutely, in a way that could address industry demands to barrier Chinese supply that evades tariffs. The Donald Trump administration’s import tariff is imposed towards aiming to protect against the excess foreign supply of the metal,...
China’s alumina price continues to grow at 1.19%; Prebaked anode price falls on Weiqiao’s purchasing price cut for May
The average alumina spot price has continued to grow, but slower than the previous day, according to Shanghai Metals Market. On Thursday, April 30, the price has increased by RMB 26 per tonne or at 1.19 per cent growth rate to stand at RMB 2,209 per tonne, compared to the growth of RMB 40 per tonne...
COVID-19 impact: Chalco’s Q1 profit declines 93% on lower sales
Aluminium Corp of China Ltd, known as Chalco, announced that the company’s net profit declined year-on-year on lower sales due to the coronavirus outbreak. The company’s net income came in at 30.7 million yuan in the first quarter of 2020, a drop of 93.1 per cent from 444.9 million yuan in the...
China’s aluminium scrap imports in March climb 29.8% M-o-M
According to China customs data, China in March 2020 imported 77,000 tonnes of aluminium scrap, down 39.1 per cent year-on-year but up 29.8 per cent from February 2020. This brought China’s total aluminium scrap imports in the first three months of the year to 199,000 tonnes, down 40.1 per cent...
Alumina price in China registers higher growth today at RMB2143/t; A00 aluminium ingot price up by RMB80/t
Extending the growth by RMB 10 per tonne today, on April 28, the average alumina spot price in China has come in at RMB 2,143 per tonne, found Shanghai Metals Market. In the east and central, the alumina price has gained RMB 10 per tonne as well to come in at RMB 2,135 per tonne. The average prices...
