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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Primary aluminium inventories extend growth over the weekend, but slower than the previous week
On Monday, February 24, the social inventories of primary aluminium extended its growth over the weekend, as demand recovered slowly than expected due to Coronavirus, learned Shanghai Metals Market. The data shows the inventories across eight major Chinese consumption areas, including SHFE...
Alumina price in China increases RMB 6/t; A00 aluminium price remains unchanged at RMB 13410/t
The average spot alumina price stands at RMB 2522 per tonne on Tuesday, 25 February 2020. That was up RMB 6 per tonne or 0.24 per cent from Monday. The spot alumina prices in China have increased in Central and North markets. The average prices of Alumina-Central and Alumina-North have risen by RMB...
“I believe China will continue to invest but not necessarily increase its overall production”- Antti Koulumies, Vice President, Aluminium Business Line, Outotec
Outotec provides industry benchmark technologies and life-cycle services for their customers in metals and mining, industrial water treatment, alternative energy, and chemical sector, helping them improve their profitability in a sustainable way. Outotec possesses over a century of experience in...
Alumina price marginally higher at RMB2516/t; A00 aluminium ingot price falls RMB130/t
The average spot alumina price in China has extended growth by RMB 6 per tonne or 0.24 per cent from Friday to stand at RMB 2516 per tonne on Monday, 24 February 2020. Alumina prices have increased across in East and Central markets in China. The prices of alumina in East and Central markets have...
Chinese Association rejects EU’s Aluminium firms’ dumping complaints
On 22 nd February’20, China’s metal association said “A European Union probe into whether China is dumping aluminium extrusions is a result of “internal” factors at the companies that complained and Chinese producers should not have to bear the consequences”. The extruded aluminium is enormously...
Aluminium billet inventories further expanded by 22,500t on lower consumptions by end-users
Shanghai Metals Market found a further rise in 6063 aluminium billet inventories across five major consumption areas on Thursday, February 20. According to the data, the stocks rose by 22,500 tonnes over the week to come in at 193,100. On last Thursday, February 13, the billet stocks increased by...
Average alumina spot price rallies by RMB7/t, while A00 aluminium ingot price extends drop by RMB50/t
The average alumina spot price in China has further rallied by RMB 7 per tonne to RMB 2,510 per tonne, on Friday, February 21, according to Shanghai Metals Market. This marks the fourth consecutive rise in the alumina spot price. With the continued growth, the price stands higher by RMB 56 per...
World primary aluminium production slightly up at 5.451 million tonnes in January
Global primary aluminium production stood at 5.451 million tonnes in January 2020, an increase of 0.57% from 5.420 million tonnes in January 2019. The output inched up by 0.22% month-on-month, according to the latest data showed by the International Aluminium Institute (IAI) on Thursday, 20...
China’s primary aluminium inventories rose 137,000 tonnes on lower consumption
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.23 million tonnes as of Thursday, 20 February 2020. That was up 137,000 tonnes compared to a build of 148,000 tonnes in the previous week....
Chinese Aluminium FRPs operating rates declined 9.22 percentage points in January; February to see the lowest drop in 3 years
Shanghai Metals Market estimates a drop of 10 percentage points in operating rates of aluminium sheet, plate and strip manufacturers in February, to the lowest when compared to the same month in the past three years. The average FRPs operating rates in January declined by 9.22 percentage points...
SMM estimates alumina prices to continue growing in the near term
According to Shanghai Metals Market survey, alumina prices are likely to extend growth in the near term, as production cut in refineries is increasing, and so is the imbalance between demand and supply on the continued virus impact. The amount of capacity cut at Chinese alumina refineries due to...
China announces to exempt tariffs on aluminium scrap and other products imported from US
China, on Tuesday, February 18, announced that it would accept applications for new tariff exemptions on aluminium and other metal scraps, besides 696 other products imported from the United States. Those products include some key agricultural and energy items and also denatured ethanol, wheat,...
China’s new energy vehicle production in January dropped 52.3% YoY to 48,000 units: SMM
According to Shanghai Metals Market, China’s new energy vehicle production in January 2020 recorded a decline, as producers were shut during the Chinese New Year Holiday, while some of them delayed resumption due to an epidemic outbreak. Many even trimmed output because of continued market...
Alumina price in China stands higher at RMB2486/t; A00 aluminium ingot price gains RMB60/t
The average spot alumina price increased by RMB 6 per tonne or 0.24 per cent on Tuesday, 18 February 2020, after remaining flat on February 14 and February 17. Alumina price in China stood at RMB 2486 per tonne, from RMB 2480 per tonne. The prices of alumina rose across East and Central China...
China’s primary aluminium inventories rose 69,000 tonnes over weekend
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.16 million tonnes as of Monday February 17, an increase of 69,000 tonnes Thursday February 13. The chart below shows the current status of the...
Weekly update: Alumina price in China performed higher over the week; A00 aluminium price ended the week lower
The average spot price of alumina continued to inch higher over the week. After remaining flat on Friday, the price rose by RMB 6 per tonne and RMB 4 per tonne to RMB 2467 per tonne and RMB 2471 per tonne on February 10 and February 11. The alumina price on Thursday stood RMB 4per tonne higher at...
EU declares anti-dumping investigation into Chinese Aluminium extrusions: European Aluminium Welcomes, Aluminium Association applauds
On 14 th February’20, the European Commission declares the opening of an anti-dumping investigation into aluminium extrusions emerged from China. The investigation follows a complaint launched by European Aluminium whose member companies are negatively impacted by the dumping of Chinese exports of...
China’s aluminium billet inventories rose 23,800 tonnes on week
As updated by Shanghai Metals Market, Stocks of 6063 aluminium billet across five major consumption areas in China stood at 170,600 tonnes as of Thursday February 13, an increase of 23,800 tonnes from February 6. The inventory expanded 46,800 tonnes between January 23 and February 6. The chart...
