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A00 aluminium ingot price records a growth of RMB100/t and Aluminium Alloys (ADC12) price of RMB50/t
25 DEC 20192MINS

A00 aluminium ingot price records a growth of RMB100/t and Aluminium Alloys (ADC12) price of RMB50/t

On the day of Merry Christmas, the A00 aluminium ingot price in China has been found extending its growth by RMB 100 per tonne to stand at RMB 14,580 per tonne, found Shanghai Metals Market. This marks the second consecutive rise after a slight fall on December 23, from RMB 14,450 per tonne to RMB...

Aluminium rod plants stop production in Henan on smog alert escalation
24 DEC 20191MINS

Aluminium rod plants stop production in Henan on smog alert escalation

According to Shanghai Metals Market, all aluminium rod plants in Jiaozuo of China’s top aluminium-producing province Henan are required to halt production, as the city has escalated smog alert to the highest level from 18: 00 CST December 23, 2019. Under the red alert for heavy air pollution,...

ASI certifies Jiangsu Dingsheng New Materials against ASI Performance Standard
23 DEC 201914MINS

ASI certifies Jiangsu Dingsheng New Materials against ASI Performance Standard

Aluminium Stewardship Initiative (ASI) has certified Jiangsu Dingsheng New Materials Joint-Stock Co., Ltd. against ASI Performance Standard for responsible production, sourcing and stewardship of aluminium. The Certification covers re-melting, continuous casting, cold rolling, coating, slitting and...

World primary aluminium production drops 2.52% YoY in November; Jan-Nov output slightly down
23 DEC 20191MINS

World primary aluminium production drops 2.52% YoY in November; Jan-Nov output slightly down

Global primary aluminium production stood at 5.193 million tonnes in November, with a year-on-year drop of 2.52%, according to the latest data showed by the International Aluminium Institute (IAI) on Friday, 20 December 2019. On a month-on-month comparison, aluminium production declined by 2.92%...

Chinese regulators approve Novelis for the purchase of Aleris Corporation
23 DEC 20191MINS

Chinese regulators approve Novelis for the purchase of Aleris Corporation

On Friday, December 20, Atlanta-based rolled and recycled aluminium firm Novelis Incorporation confirmed the receipt of approval from China’s State Administration for Market Regulation (SAMR) for its acquisition of Aleris Corporation for US$2.6 billion. As per the firm, this was the final approval...

China’s primary aluminium inventories continue to trend lower; A00 aluminium price stands at RMB 14440/t
23 DEC 20192MINS

China’s primary aluminium inventories continue to trend lower; A00 aluminium price stands at RMB 14440/t

As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 597,000 tonnes as of Monday December 23, down by 7,000 tonnes from last Thursday December 19. The current status of primary aluminium inventories...

Liaocheng begins implementing level I anti-smog response; Primary aluminium producers to remain unaffected
20 DEC 20191MINS

Liaocheng begins implementing level I anti-smog response; Primary aluminium producers to remain unaffected

Liaocheng in the west of Shandong province, China, has reportedly begun to implement level I response to heavy smog from today onwards, December 20, except for those graded as A-level on environmental status, to strengthen production cuts. This was implemented after the city issued a red alert, the...

Tianjin Zhongwang Aluminium Co., Ltd. joins ASI as new Production & Transformation member
20 DEC 20191MINS

Tianjin Zhongwang Aluminium Co., Ltd. joins ASI as new Production & Transformation member

Tianjin Zhongwang Aluminium Co., Ltd. has become a new Production & Transformation member of the Aluminium Stewardship Initiative (ASI). This brings the total number of ASI members to 109. “Sustainable development’ is the goal that Zhongwang Aluminum has always advocated. Joining ASI is both a...

Aluminium billet inventories fall 2,100 tonnes, marking a tenth straight month of decline
19 DEC 20192MINS

Aluminium billet inventories fall 2,100 tonnes, marking a tenth straight month of decline

As updated by Shanghai Metals Market, inventories of aluminium billet fell for the tenth consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China declined by 2,100 tonnes from Thursday December 12 to stand at 52,300 tonnes as of Thursday December 19, after...

Primary aluminium inventories continue to trend lower; Decline by 44,000 tonnes this week
19 DEC 20192MINS

Primary aluminium inventories continue to trend lower; Decline by 44,000 tonnes this week

According to Shanghai Metals Market, the social inventories of primary aluminium in China continued to drop this week, with Guangdong contributing to more than half to the trend. Stocks across eight major consumption areas, including SHFE warrants, came in at 604,000 tonnes, as on Thursday,...

Aluminium scrap exports from US to China extend decline in September by 26% MoM
19 DEC 20192MINS

Aluminium scrap exports from US to China extend decline in September by 26% MoM

The United States Geological Survey found incessant drops in America’s aluminium scrap exports to China over the months. As September was not an exception, it saw a decline of 26 per cent month-on-month amounting to 19,600 tonnes. In August 2019, the United States’ aluminium scrap exports to China...

Rio Tinto and Hydro complete the first ever paperless trade in the alumina via CargoDocs solution
19 DEC 20191MINS

Rio Tinto and Hydro complete the first ever paperless trade in the alumina via CargoDocs solution

Rio Tinto and Hydro recently executed the first ever paperless trade in the alumina commodity segment. Both the companies used the CargoDocs solution from essDOCS for the transaction. This also marks the first ever paperless trade solution for alumina shipment by any company and also the first use...

Weiqiao begins the construction of its aluminium smelting and hydropower project in Yunnan
19 DEC 20191MINS

Weiqiao begins the construction of its aluminium smelting and hydropower project in Yunnan

According to a recent report from Shanghai Metals Market, Shandong Weiqiao Pioneering, on Wednesday, December 18, began the construction of 2 million tonnes per year aluminium smelting and hydropower project in Southwest China’s Yunnan province. Ground-breaking ceremony of the integrated project...

Recap 2019:  Slow demand and price downtrend crippled primary aluminium sector; a surplus market likely in 2019
18 DEC 20198MINS

Recap 2019: Slow demand and price downtrend crippled primary aluminium sector; a surplus market likely in 2019

The year 2019 can be called an aftermath of trade wars, restrictive tariffs, sanctions, capacity cuts and price volatility that impacted the aluminium value chain the year earlier. 2019 has experienced a steady drop in alumina and aluminium prices worsened by weak market fundamentals and falling...

LME failed to sustain its gain on Tuesday; SHFE contract jumped to more than two months high at RMB14,065/t
18 DEC 20192MINS

LME failed to sustain its gain on Tuesday; SHFE contract jumped to more than two months high at RMB14,065/t

The US dollar rose on Tuesday, lifted by a decline in the pound after British Prime Minister Boris Johnson put a no-deal exit from the European Union back on the table. The dollar index recovered 0.2% and ended at 97.23. LME base metals traded mixed while the SHFE complex mostly fell. LME aluminium...

China’s production of alumina down 9.7% in November: NBS
18 DEC 20191MINS

China’s production of alumina down 9.7% in November: NBS

China’s production of alumina stood at 5.67 million tonnes in November, with a year-on-year drop of 9.7 per cent, showed the latest data from the National Bureau of Statistics (NBS). China produced 66.49 million tonnes of alumina in the first eleven months of 2019, a drop of 0.7 per cent from the...

Recap 2019: The top trade newsmakers in aluminium, driven by changes in policies, demand and consumption
17 DEC 20196MINS

Recap 2019: The top trade newsmakers in aluminium, driven by changes in policies, demand and consumption

Like every other year, 2019 has also witnessed some increase and decrease in aluminium upstream as well as downstream trades across the globe, in tandem with the rise and fall in production, demand, consumption. For instance, while the imports of bauxite by China during January-October rose 18.4...

China’s primary aluminium production in November declined 3.2% YoY, but grew 0.69% MoM
17 DEC 20191MINS

China’s primary aluminium production in November declined 3.2% YoY, but grew 0.69% MoM

According to the National Bureau of Statistics, China’s primary aluminium production declined 3.2 per cent from a year ago to 2.9 million tonnes in November, marking the fifth straight month of year-on-year declines. The total production of aluminium in the first 11 months of 2019 totalled at 32.13...