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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MIIT actively working on introducing stimulus policies to boost automobile consumption in China
Ministry of Industry and Information Technology (MIIT) is actively cooperating with relevant ministries and commissions to study policies and suggestions for boosting and stabilising automobile consumption in China. Such was the statement of Xin Guobin, Deputy Minister of MIIT at a press conference...
Primary aluminium inventories in China dip by 3,000 tonnes over the weekend
After the growth of 17,000 tonnes in primary aluminium inventories on last Monday and 20,000 tonnes on Thursday, the social inventories of primary aluminium have recorded a minor decline over the weekend ended Monday, March 30. The inventories over the weekend have dipped by 3,000 tonnes to come in...
Kunshan Aluminium’s rolling plant achieves ASI Performance Standard Certification
Kunshan Aluminium Co., Ltd. has been certified against the Aluminium Stewardship Initiative’s (ASI) Performance Standard for its rolling facility in Kunshan City, Jiangsu Province. The plant develops and produces ultra-wide and ultra-thin aluminium foil and non-ferrous metal composite materials....
Chinese alumina spot price starts the week with a decline of RMB33/t; A00 aluminium ingot price dwindles by RMB50/t
Since the middle of March, the average alumina spot price has been incessantly trending down, and today is of no exception. According to Shanghai Metals Market, the alumina spot price in China has shrunk by RMB 33 per tonne to stand at RMB 2,370 per tonne, as of Monday, March 30. The decline rate...
Chalco’s 2019 aluminium production stands lower by 9% while alumina output up by 2.1%
Chalco, China’s biggest state-run aluminium producer, produced 3.79 million tonnes of aluminium in 2019, down 9 per cent from the previous year, according to the company’s presentation to analysts reviewed by Reuters. With this production, Chalco just managed to retain its position as the world’s...
Average alumina spot price in China ends the week with a drop of RMB18/t, while A00 aluminium ingot price remains restrained
The average alumina spot price in China on the last day of the week, dated March 27, has recorded a downfall of RMB 18 per tonne to stand at RMB 2,403 per tonne. In the east and north, the price has dwindled by RMB 20 per tonne to RMB 2,400 per tonne, while that in the central has plunged by RMB 15...
Top 5 aluminium plates, sheets and bars exporters to the US in 2019
According to the US Geological Survey data, the United States' total imports of aluminium plates, sheets and bars dropped year-on-year in 2019. Compared to 1.41 million tonnes in 2018, the import volume in 2019 came in at 1.34 million tonnes, which represents a down of 5 per cent. The top five...
Aluminium billet inventories in China continue to fall for the third consecutive week
According to Shanghai Metals Market, aluminium billet inventories in China fell for the third consecutive week ended March 26, due to stable deliveries and reduced arrivals. SMM data shows the 6063 aluminium billet stocks stand at 192,700 tonnes, as of March 26, after inching down by 4,900 tonnes...
China’s primary aluminium inventories extend growth by 20,000 tonnes
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.667 million tonnes in the week ended March 26. That was up 20,000 tonnes compared to a build of 54,000 tonnes in the previous week. The chart...
LME aluminium price declined sharply to $1507.5/t; SHFE rose for the fourth day in a row to $1632/t
The US dollar extended its decline on Wednesday as a US$ 2 trillion US stimulus bill helped boost risk appetite and reduced demand for the safe haven currency. The US dollar index, which tracks the greenback against a basket of its peers, hits its lowest in a week. Three-month LME aluminium pulled...
World primary aluminium production rises 3.75% YoY in February; Jan-Feb output up by 2%
Global primary aluminium production stood at 5.112 million tonnes in February, with a year-on-year increase of 3.75% according to the latest data showed by the International Aluminium Institute (IAI) on Friday, 20 March 2020. On a month-on-month comparison, aluminium production declined by 6.15%...
COVID-19 outbreak affects China’s alumina exports during Jan-Feb: Down by 82.7% to 30,000 tonnes
The impact of the Coronavirus outbreak is seen in China’s alumina exports as well. During January-February this year, China could export as minimum as 30,000 tonnes of alumina in total, down 82.7 per cent from the same period last year, according to China Customs data. Along with the export amount,...
Primary aluminium inventories gained 17,000 tonnes over the weekend ended March 23
According to Shanghai Metals Market, the social inventories of primary aluminium ingots rose by 17,000 tonnes over the weekend across eight major consumption areas in China, including SHFE warrants, as of Monday, March 23. The price thus, came in at 1.664 million tonnes, in contrast to 1.647...
China Hongqiao Group earns greater profit in 2019 despite lower production and revenue
On Friday, March 20, the world’s biggest aluminium producer China Hongqiao Group announced that despite a significant drop in production, it could see a rise in net profit of 12.7 per cent in 2019. According to the group, lower production costs were a significant reason for the increase in its net...
COVID-19 wrecks aluminium prices and input costs in China: Primary ingot price declines by RMB570/t and alumina price by RMB32/t
A00 aluminium ingot price has again recorded a sharp decline of RMB 570 per tonne to stand to the further lowest at RMB 11,220 per tonne on Monday, March 23, according to Shanghai Metals Market data. On Thursday, March 19, the price had recorded a decrease of RMB 790 per tonne to RMB 11,730 per...
AVIC SAAC awards aluminium package to ThyssenKrupp Aerospace Suzhou
AVIC Shenyang Commercial Aircraft Corporation (SACC) in the northern Chinese city of Shenyang is the long-time provider of the DASH8 – Q400 fuselage to Bombardier in Canada. SACC awarded ThyssenKrupp Aerospace Suzhou for the delivery of over 1,000 cut-to-size aluminium plate items in various...
Alumina price in China stands lower at RMB2564/t; Prices of aluminium ingot and aluminium alloy register growth
According to Shanghai Metals Market, the average spot alumina price has further recorded a decline of RMB 2 per tonne to stand at RMB 2,564 per tonne, as of Friday, March 20. In the north, the price has dwindled by RMB 5 per tonne to RMB 2,570 per tonne. In the east, central, and south, however,...
54,000 tonnes gain in primary aluminium inventories in China pushes down the ingot price to the lowest
According to Shanghai Metals Market, the social inventories of primary aluminium ingots have gained 54,000 tonnes over the week ended March 19, across eight major consumption areas in China, including SHFE warrants. The inventories are thus, now 1.647 million tonnes, in contrast to 105,000 tonnes...
