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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China’s bauxite imports in March jump 10.6% Y-o-Y to total at 10.01 million tonnes: Customs data
Bauxite imports by China increased 10.6 per cent in March to total at 10.01 million tonnes from a year ago and also faster than 9.64 per cent growth rate in the January-to-February period, found China’s General Administration of Customs data. In the first two months of the year, China imported 18.4...
Growing demand and subdued supply of primary aluminium lead to lower inventories over the weekend ending April 27
Social inventories of primary aluminium ingots have continued to trend lower over the weekend ended Monday, April 27, on robust demand and subdued supply, according to Shanghai Metals Market. SMM data shows the primary aluminium ingots stocks have decreased by 76,000 tonnes across eight major...
Alumina price rises further to RMB2133/t; A00 aluminium ingot price up by RMB50/t
Average spot alumina price has continued their upward track and stood at RMB 2133 per tonne on Monday, 27 April 2020, registering an increase of 0.38% from RMB 2125 per tonne. The alumina prices remain unchanged across all major markets in China, except south. The average prices of Alumina-East,...
China’s A00 aluminium ingot price records a fall of RMB30/t; Average alumina spot price remains restrained
After soaring by RMB 230 per tonne, the A00 aluminium ingot price has recorded a downfall of RMB 30 per tonne to stand at RMB 12,460 per tonne, as of Friday, April 24, found Shanghai Metals Market. The average prices are expected to range between RMB 12,440 per tonne and RMB 12,480 per tonne, with...
Higher production and lower demand expand world primary aluminium surplus by 192,000t: WBMS
In the first two months of 2020, world primary aluminium surplus grew to 684,000 tonnes from 492,000 tonnes in the whole of 2019, showed the World Bureau of Metals Statistics report on Wednesday, April 22. This came as production jumped by 8.3 per cent in January and February, in contrast to the...
China’s primary aluminium inventories drop by 136,000 tonnes on improved demand
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continue to fall for the third consecutive week as demand remained strong amid weak arrivals. Inventories came in at 1.359 million tonnes in the week ended...
China’s aluminium imports hit 6-years high after growing more than triple in March; Bauxite shipments fall
According to China customs data on Thursday, April 23, aluminium imports to China grew more than triple in March 2020 from a year ago and stood the highest in the past six years or more. But bauxite imports in the same month fell due to disruptions of the incoming shipments of raw materials....
China’s aluminium billet inventories decline for seventh consecutive week
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the seventh consecutive week as consumption was brisk. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 145,600 tonnes in the week ended April 23, a decrease...
China issues sixth batch of aluminium scrap quotas for 2020 expanding permissible import amount
According to a recent report from Shanghai Metals Market, China’s environmental authorities, on Thursday, April 23, have issued the sixth batch of aluminium scrap quotas for 2020, permitting additional 1,030 tonnes of high-grade aluminium scrap to enter China. This, together with the previous batch...
China's primary aluminium demand surges by 150,000-200,000 tonnes on weak scrap supply: Antaike
According to Antaike’s report on Wednesday, April 22, China’s primary aluminium demand has surged by an extra 150,000 to 200,000 tonnes over the past one month, owing to aluminium scrap shortage caused by the coronavirus outbreak. Aluminium scrap supplies have weakened since the end of the Lunar...
World primary aluminium production rises 2% YoY and 6.4% MoM in March
Global primary aluminium production came in at 5.477 million tonnes in March, representing an increase of 1.52% from 5.395 million tonnes in March 2019, according to the latest data showed by the International Aluminium Institute (IAI) on Monday 20 April 2020. On a month-on-month comparison,...
China's alumina price records a growth of RMB51/t after two months of decline; A00 aluminium ingot price rises sharply
Shanghai Metals Market found a bullish trend today, as of April 20, throughout the Chinese aluminium market. The prices of alumina to aluminium alloys have recorded significant growth ranging between RMB 50 per tonne and RMB 350 per tonne. According to SMM data, the average alumina spot price has...
China’s primary aluminium inventories drop by 60,000 tonnes over weekend
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continue to decline over the weekend on improved demand. Inventories came in at 1.435 million tonnes as of Monday April 20, down 60,000 tonnes from...
China’s secondary aluminium operating rates in March rebound to 47.32%: SMM
According to Shanghai Metals Market, China’s secondary aluminium operating rates in March rebounded 29.2 percentage points from February to come in at 47.32 per cent. But when compared to the same period last year, the operating rates stood 16.37 percentage points lower, learned SMM. Resumption of...
Tianjin Zhongwang Co., Ltd. rolling facility certified against ASI Performance Standard
Tianjin Zhongwang Co., Ltd. has received Aluminium Stewardship Initiative (ASI) Performance Standard Certification for its Tianjin operations. The operations include casting, hot and cold rolling, finishing and annealing with outputs of ingot, thick plate, sheets and coil products. The plant has an...
LME aluminium price displayed a bullish trend this week amidst rising opening stock; SHFE edged higher
The US dollar was roughly flat on the first day of the week, April 13, amid thin trades with Europe out on holiday. The dollar index, which tracks the greenback against a basket of other currencies, was little changed on the day and finished at 99.504. On Tuesday, it declined to 98.875 as risk...
Weekly update: Alumina price in China ended the week flat; A00 aluminium price performed higher over the week
The average spot price of alumina continued to drop over the week. The week started with a decline of RMB 42 per tonne and stood at RMB 2079 per tonne on April 13. The alumina price stood RMB 6 per tonne and RMB 9 per tonne lower at RMB 2073 per tonne and RMB 2064 per tonne on April 14 and April...
World Aluminium Outlook amid COVID19: Production to grow at a CAGR 3% during 2020-21
Not even a month or two went by this year, the aluminium industry started facing a brand new challenge in the form of COVID19, followed by some of the severe impacts at its prices, demand, and consumption in the year last due to the US-China trade tensions, US aluminium import tariffs, and the...
