China aluminium output rises 4.7% YoY to record high in August
China's aluminium production reached a record high in August as strong margins encouraged smelters to maximise output, bringing the world's largest aluminium producer closer to its longstanding national capacity ceiling. Primary aluminium output rose 4.7 per cent year on year to 3.98 million tonnes...
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...
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Alumina price in China falls further to RMB 2467/t; A00 aluminium price drops after rising for six days
The spot alumina prices in China have dropped across all major markets. The average spot alumina price stands at RMB 2467 per tonne on Friday, 06 December 2019, after remaining flat at RMB 2478 per tonne on December 5. This records a drop of RMB 11 per tonne or 0.44 per cent. Source: Shanghai...
Aluminium billet inventories decline for eighth week in a row
As updated by Shanghai Metals Market, inventories of aluminium billet continued to decline by 1,100 tonnes as of Thursday December 5, after dipping 8,800 tonnes in the previous week. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 76,800 tonnes. This marked the...
Sigma to build a 200,000 tonnes per annum liquid aluminium factory by June 2020
China’s largest secondary aluminium producer Sigma Group will reportedly build a liquid aluminium factory in Gongxi, Henan, with an annual capacity of 200,000 tonnes. According to Shanghai Metals Market report, this liquid aluminium will be supplied to the processing plant of Zhongfu Industry, as...
Australia continues to be China’s top bauxite supplier; exports up 5.03% MoM and 30.53% YoY in October
As updated by Shanghai Metals Market, China’s imports of bauxite continued to fall for the third straight month. China imported 6.48 million tonnes of bauxite in October as compared to 6.75 million tonnes in September. Bauxite imports declined by 3.97% month-on-month and 6.01% year-on-year,...
Primary aluminium inventories again decline by 35,000 tonnes on weekend and 61,000 tonnes over the week
Shanghai Metals Market found the social inventories of primary aluminium across eight major consumption areas in China, including SHFE warrants, have extended decline over the weekend by 35,000 tonnes and over the week by 61,000 tonnes to stand at 720,000 tonnes, as of Monday, December 2. This...
LME aluminium closed November with a gain at US$1785.5/t; SHFE traded stronger on healthy consumption
The dollar gave up early gains to trade slightly lower against a basket of currencies on last Friday as a still unsigned partial US-China trade deal kept investors on edge. But for the month, the dollar index was up 0.9%, its best monthly performance since July. LME base metals closed mixed while...
Weekly update: A00 aluminium ingot price ends the week higher; Alumina prices remain flat
A00 aluminium ingot price started the week higher at RMB 14060 per tonne on Monday, November 25, up RMB 10 per tonne or 0.07 per cent from Friday. But the price witnessed a downward movement in the next two days. The aluminium price stood at RMB 13990 per tonne and RMB 13950 per tonne on November...
PSA Group China to have electrified versions of all its new and retooled cars in 2020
PSA Group will start offering electrified versions of all new and retooled gasoline models in 2020, to be built at Dongfeng Peugeot Citroen Automobile. This is driven by the government’s push towards electrification. The first one to go on sale will be its next-generation Peugeot-badged 2008 with...
Shandong Weiqiao to move 2.03 MT aluminium capacity from Shandong to hydro power rich Yunnan
A report from Shanghai Metals Market said that Shandong Weiqiao Aluminium and Electricity, a subsidiary of China Hongqiao Group, would move 2.03 million tonnes of capacity from Binzhou of east China’s Shandong province to south China’s Yunnan. The news was confirmed from an official notice on...
LME aluminium capped its upwards momentum yesterday; SHFE remains flat on prospects of growing aluminium capacity
The US dollar edged down but held in its recent range on Thursday against a basket of other currencies as investors monitored friction between the US and China over the Hong Kong protests. LME base metals closed lower on Thursday and aluminium shed 0.8%. The SHFE complex performed similarly...
Aluminium billet inventories decline for the seventh consecutive week by 8,800 tonnes
Shanghai Metals Market found aluminium billet stocks in the southern markets of China lowered significantly, leading to the further decline in inventories for the seventh consecutive week, as of November 28. Data showed the inventories of 6063 aluminium billet across five major consumption areas in...
Sweeping decline in primary aluminium inventories by 44,000 tonnes boosts up A00 aluminium ingot price marginally
According to Shanghai Metals Market, the inventories of primary aluminium have increased the pace of decline this week and recorded a drop of 44,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, to stand at 755,000 tonnes, as of November 28. On last Thursday, on...
Citic Dicastal inaugurates second aluminium plant in Morocco
Citic Dicastal, a manufacturer of aluminium alloy wheels for the auto industry, has inaugurated its new aluminium plant in Kenitra, Morocco. The company invested €350 million to set up its second manufacturing factory. The 30,000-square-meter project has created over 1,200 new job opportunities at...
China’s aluminium sheet, plate and strip exports in October dropped by 1.9% M-o-M
According to China Customs data, China’s aluminium sheet, plate and strip exports in October declined by 1.9 per cent from a month earlier to come in at 193,500 tonnes. In September, China’s export amount was 197,100 tonnes after declining by 9.7 per cent from August and 20.2 per cent from the same...
Auto sector representatives expect China’s NEV market to pick up in 2020
Auto sector representatives expect China’s new energy vehicle market to pick up in 2020 as automakers roll out new products. They reiterated the need for supportive government policies. China implemented production quota for automakers to support NEVs. Sales of NEVs- plug-in hybrids,...
China’s aluminium scrap imports extended M-o-M fall in October by 47%; US was the top exporter
China customs data found that the country’s aluminium scrap imports in October extended the month-on-month decline by 47.3 per cent to stand at 60,240 tonnes. In September, the import volume had fallen by 18.7 per cent from 141,000 tonnes in August to 114,300 tonnes, which indicates the fact that...
Antaike projects a surplus alumina market in 2020; prices to hover around US$ 342-413/t
As presented by Huo Yunbo, senior analyst with Chinese consultancy Antaike during Aluminum Week in Qingdao, China’s alumina production will increase to 74.35 million tonne by 2020 with new operations coming online, leading to a surplus of 730,000 tonne putting pressure on price. She projected...
China’s primary aluminium production to grow 2.5%, while consumption to inch up 0.3% in 2020: Liang Xuan
China’s production of primary aluminium might grow much faster than consumption in 2020, said SMM senior aluminium analyst Liang Xuan at 2019 China Nonferrous Metals Industry Annual Meeting. Xuan also pointed that this could put pressure on aluminium prices in turn in the coming year. Output of...
