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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Rusal’s shares sink, sends warning of Coronavirus
The Russian aluminium giant Rusal anticipates the coronavirus epidemic to negatively affect the aluminium market in China during the first half of 2020. On 28 th February’20 the company stated that its Hong Kong-listed shares down by11% to a 2-month low. Multiple countries from various continents...
Coronavirus affected China’s aluminium sector gets breathing space from Mask frenzy
China’s intensely drive production of mask in the spread of the coronavirus epidemic is on course to ingest more than the weight of the Eiffel Tower in aluminium for this year. China by the end of February’20 produced face masks at the rate of 116 million per day. The capacity of aluminium required...
The China-Guinea $20 billion bauxite deal might be a risky loan for Guinea: NRGI
The Natural Resource Governance Institute (NRGI), an independent non-profit organization dedicated towards improving countries' governance over their natural resources to promote sustainable and inclusive development, publicizes that “Natural resource-backed loans are loans surrounded by secrecy”....
Coronavirus Outbreak affects China’s aluminium processing PMI to record low to 34.7 in February
Amidst the outbreak of epidemic Coronavirus, China’s aluminium processing industry recorded a sharp decline in February. The outbreak of the virus kept plants shut until the second half of the month and reduced new orders. The latest Shanghai Metals Market survey showed the composite purchasing...
A00 aluminium ingot price records a growth of RMB90/t after three consecutive declines on continued inventory rise
After the three consecutive declines to RMB 13,050 per tonne, as of March 2, the A00 aluminium ingot price has recorded a rise of RMB 90 per tonne on 3 rd of March to come in at RMB 13,140 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 13,120 per tonne...
Weiqiao hikes prebaked anode purchasing price by RMB210/t
According to Shanghai Metals Market, Shandong Weiqiao Group, the top aluminium producer in China has raised the benchmark purchasing price of prebaked anode for the second month in a row. For March 2020, the company has hiked the benchmark purchasing price by RMB 210 per tonne to RMB 2,830 per...
Alumina price in China edges higher by RMB9/t; A00 aluminium price stands at RMB13050/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased from RMB 2565 per tonne on February 28 to RMB 2574 per tonne on March 2. This marks an increase of RMB 9 per tonne or 0.35 per cent on Friday. The prices of alumina in East, Central, and North China markets have...
Alumina spot price in China recorded growth of RMB49/t this week; A00 aluminium ingot price declined by RMB240/t
As the week comes to an end, let’s look back at the status of Chinese aluminium and input costs recorded throughout the week. The average alumina spot price during February 24-28 recorded interrupted growth of RMB 49 per tonne ranging between RMB 2,516 per tonne and RMB 2,565 per tonne, showed...
Alumina price climbs by RMB22/t; Al Fluoride price in China jumps RMB 500/t
As updated by Shanghai Metals Market, average spot alumina price in China has risen from RMB 2543 per tonne on February 27 to RMB 2565 per tonne on February 28. This marks an increase of RMB 22 per tonne or 0.87 per cent on Friday. The prices of alumina in East, Central, and North China markets...
Chinese aluminium firm Zhongwang announces to sell its smelter for $656 million
One of the world’s biggest aluminium extrusions manufacturer, China Zhongwang Holdings, on Wednesday, February 26, announced that it would sell its loss-making smelter for $655.94 million. According to the report, Zhongwang has agreed to sell its 100 per cent stake in Zhongwang Aluminium Material,...
Chinese primary aluminium inventories trending higher W-o-W amidst weaker demand in compare to production
According to Shanghai Metals Market, the social inventories of primary aluminium in China have continued to trend higher this week, as demand has recovered slowly than expected. The SMM data shows, the inventories have built up by 155,000 tonnes over the week across eight major consumption areas,...
China’s aluminium billet inventories rose 19,300 tonnes on limited shipments from warehouses
As updated by Shanghai Metals Market, Stocks of 6063 aluminium billet across five major consumption areas in China stood at 212,400 tonnes as of Thursday February 27, an increase of 19,300 tonnes from February 20. The inventory expanded 22,500 tonnes in the week ended February 20. The rise in...
Coronavirus takes massive toll on China’s aluminium value-chain market: Source
Just when the demand for aluminium was rebounding and manufacturing revival was showing encouraging signs towards the end of 2019, the deadly Coronavirus made its appearance in China at the beginning of 2020 and took a toll on almost all parts of the world. The global aluminium market in 2019 was...
Average alumina spot price shoots up today by RMB18/t, while A00 aluminium ingot price records another drop
The average alumina spot price continues to expand in China amidst the limited production at refineries and weak supplies in the market. Today, on February 27, the alumina price has grown by RMB 18 per tonne to stand at RMB 2,543 per tonne, according to Shanghai Metals Market. With the continued...
India imposed final AD determination on imported aluminium and zinc coated flat products
India has announced its final anti-dumping determination on imports of aluminium and zinc coated flat products from Vietnam, Korea and China, according to Shanghai Metals Market report. The Commerce Department of India has assigned a final dumping rate of $128.93 per tonne to Chinese exporters. It...
AlCircle Global Aluminium Industry Outlook 2020
The economic downturn in many regions of the world, particularly in China, combined with trade issues raised by the US, resulted in significant slow-down in aluminium demand in 2019. Contrary to our expectations at the beginning of the year, the demand growth was barely 0.5% in 2019, owing to weak...
Launched! “Aluminium LeaderSpeak 2020”
AlCircle takes pleasure in announcing that it has launched the second edition of its flagship e-magazine “Aluminium LeaderSpeak 2020” . It is an exclusive e-magazine, whereby top industry leaders from the complete aluminium value chain have shared their views on how the year may transpire for them...
China’s bauxite imports for the first time crossed 100 million tonnes in 2019
According to China customs data, the country in the entire year of 2019 imported 100.66 million tonnes of bauxite, compared to 82.57 million tonnes in 2018. This means the year saw an increase of 21.91 per cent in the import volume, exceeding the 100 million tonnes level for the first time. The...
