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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Alumina spot price in China declines further by RMB25/t; A00 aluminium ingot price grows on first inventory decline this year
According to Shanghai Metals Market, the average alumina spot price has seen to close the week ending Friday, April 10, at RMB 2121 per tonne, down RMB 25 per tonne from RMB 2,146 per tonne on Thursday, April 9. In the central, the average alumina spot price has decreased by RMB 30 per tonne to RMB...
Primary aluminium inventories mark first decline in China since the Lunar New Year Holiday this year
Social inventories of primary aluminium ingots have fallen this week, as demand improved and aluminium smelters held back on sales and reduced deliveries to social warehouses owing to weaker aluminium prices, learned Shanghai Metals Market. The SMM data shows the primary aluminium inventories...
Aluminium billet inventories in China extend decline but slower than the previous week
According to Shanghai Metals Market, aluminium billet inventories in China have declined today, on April 9, for the fifth consecutive week, as stocks in east China have begun to shrink. The data shows the stocks of 6063 aluminium billets across five major consumption areas in China have totalled at...
Iraq’s import market of Aluminium Bar Rods and Profiles stands rock solid during 2017-20
The National Investment Commission (NIC) of Iraq has announced five new investment opportunities in Iraq and it includes aluminium. Iraq’s import of aluminium bar rod and profiles during 2017-19 has shown very positive growth for the industry as the total importation volume stood at 92,972 tonnes,...
Top five aluminium scrap importers from the US in 2019
The US exports of aluminium scrap stood at 140,000 tonnes in December 2019, according to the latest report from the US Geological Survey. Exports dropped by 7.28% from November’s export of 151,000 tonnes and 10.83% from October’s export of 157,000 tonnes. The US exports of aluminium scrap have been...
Primary aluminium inventories in China record a decline of 41,000 tonnes over the extended weekend
According to Shanghai Metals Market, the social inventories of primary aluminium ingots have declined over the holiday-extended weekend, as demand has displayed a slight improvement. The data shows the stocks across eight major consumption areas in China, including SHFE warrants, have decreased by...
Alumina price in China declines by RMB41/t; A00 aluminium ingot price grows on increased demand
The average alumina spot price since the middle of March is recording relentless declines, and today, April 7, is of no exception, found Shanghai Metals Market. The aluminium raw material price in the spot market has registered a decline of RMB 41 per tonne to stand at RMB 2,205 per tonne. In the...
Weekly update: Alumina price in China performed lower over the week; A00 aluminium price ended the week higher
The average spot price of alumina witnessed a downward movement over the week. After declining by RMB 18 per tonne on Friday, the price dropped by RMB 33 per tonne and RMB 27 per tonne to RMB 2370 per tonne and RMB 2343 per tonne on March 30 and March 31. The alumina price ended the week lower at...
COVID19 Effect: Chalco may shut some aluminium production on further price fall
Aluminium Corporation of China Limited, popularly known as Chalco, may consider carrying out maintenance or even shut some aluminium production if prices fall below its cash costs, said a company executive on Friday, April 3. With the weak demand for aluminium in China and also across the globe due...
Egypt’s Aluminium foil import market reflects growth during 2017-19: Projection of 7% downfall in 2020
The land of Pyramid’s, Egypt, has been reflecting positively for aluminium foil importation market during 2017-19. The total importation for aluminium foil remained at 87,626 tonnes during 2017-19. The projected for 2020 though shows a dip of 7%, whereas when the total import quantity adds up with...
Alumina price in China slips 0.93%; Aluminium Fluoride price slumps by RMB 200/t
The average spot alumina price in China has dropped by RMB 21 per tonne or 0.93 per cent on Friday, 03 April 2020, after a decline of RMB 66 per tonne on Thursday. The price now stands at RMB 2246 per tonne today. The drop in alumina prices has continued in all other major markets in China, except...
LME aluminium price continues to decline to $1448.5/t while SHFE aluminium increases to $1628/t
Three-month LME aluminium rallied from a new four-year trough of US$ 1,481 per tonne touched in North American trading hours, finishing the day higher at US$ 1,504 per tonne. The build-up of long positions primarily accounted for the gains on the day. LME aluminium is expected to continue to trade...
China’s aluminium billet inventories decline for fourth consecutive week
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the fourth consecutive week due to greater deliveries and reduced arrivals. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 174,200 tonnes as of Thursday, 02...
China’s primary aluminium inventories extend growth by 9,000 tonnes on week
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.676 million tonnes in the week ended April 2. That was up 9,000 tonnes compared to a build of 20,000 tonnes in the previous week. The chart...
China’s aluminium exports may see further decline as Vietnam enters into COVID19 containment lockdown
The coronavirus pandemic is likely to create a further impact on China’s aluminium exports as a greater part of the world has come under lockdown to contain the spread of the virus. According to a report on Wednesday, Vietnam, a major buyer of Chinese aluminium, has entered into 15 days nationwide...
Alumina price in China extends decline by RMB66/t; A00 aluminium ingot price falls RMB220/t after two consecutive hikes
After continuous declines in the second half of the last month, the average alumina spot price in China started the fourth month of 2020 with a downfall of RMB 10 per tonne, and today on the second day the fall extended by RMB 66 per tonne to stand as low as RMB 2,267 per tonne, found Shanghai...
Alumina price in China drops by RMB10/t; A00 aluminium price stands at RMB11520/t
The average spot alumina price in China has extended drop by RMB 10 per tonne from Tuesday to stand at RMB 2333 per tonne on Wednesday, 01 April 2020. Alumina prices have decreased across in East and Central markets in China. The prices of alumina in East and Central markets have dropped by RMB 20...
Weiqiao cuts prebaked anode purchasing price by RMB170/t after two consecutive hikes
After raising the benchmark for two consecutive months, Shandong Weiqiao Group, the top aluminium producer in China, has cut its benchmark purchasing price for prebaked anode. For April 2020, the company has reduced the benchmark purchasing price by RMB 170 per tonne to RMB 2,660 per tonne in cash....
