China’s 45Mt aluminium cap pushes producers overseas as global dominance grows
China’s aluminium industry is running close to its limits in 2026. As Shanghai aluminium prices near a three-month high, historically low raw material costs and strong smelter margins encourage producers to operate at maximum capacity. National aluminium output remains above Beijing’s...
WEEKLY: Guinea shipments surge but freight costs keep China bauxite spot split, prices pinned in tight band
China's domestic ore prices held steady last week. In Shanxi, a limited volume of relatively lower-grade domestic ore was concluded under long-term contracts at approximately RMB 530 per tonne. In Henan, the expected increase in domestic ore output has yet to materialise, leaving the supply-demand...
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Overseas ADC12 Prices Surged to USD 3,200, Import Losses Expanded Sharply
Futures: In the overnight session, the aluminium alloy 2604 contract moved downwards after a higher opening and fluctuated downward. After opening at RMB 23,295 per tonne, it rose to RMB 23,420 per tonne, then continued to pull back, bottoming at RMB 23,000 per tonne and closed at RMB 23,170 per...
Why did Argentina end anti-dumping duties on Chinese aluminium foils, while the decision on aluminium tubes remains pending?
Argentina and China are deepening their aluminium trade ties, highlighted by Argentina's February 2026 decision to eliminate a 28 per cent antidumping duty on Chinese aluminium foil, reversing trade barriers from 2020. The Argentine Ministry of Economy issued Resolution 172/2026 to end the review...
DAILY: Chinese spot alumina prices inch higher, futures retreat
Mysteel's daily price assessment showed that the national average spot price for smelter-grade alumina with a purity above 98.6 per cent edged up by RMB 2 per tonne (USD 0.3 per tonne) from Tuesday to RMB 2,671 per tonne, including 13 per cent VAT on Wednesday. The uptick was chiefly supported by...
Strong bullish market sentiment, sellers are reluctant to sell and holding prices firm
In the morning session, SHFE aluminium 2602 fluctuated upward, with the price centre rising from the previous trading day. Affected by the US-Iran conflict, market bullish sentiment was strong. In addition, as the current price spread between futures contracts performed well, some sellers held...
MYSTEEL: China copper, aluminium prices set for bullish run on U.S.-Iran escalation
On February 28, the U.S. and Israel launched extensive strikes against targets in Iran operations dubbed "Epic Fury" and "Roaring Lion", respectively. In retaliation, Iran subsequently announced the closure of the Strait of Hormuz. Explore- Most accurate data to drive business decisions with Global...
DAILY: China's spot alumina prices track higher, outlook turns volatile amid Middle East tensions
Chinese alumina prices largely tracked higher in the spot market on February 27, while alumina futures in Shanghai weakened further the same day. The domestic alumina market is expected to remain volatile in the near term amid rising market concerns following the US and Israeli strikes on Iran over...
Bullish sentiment strong aluminum ingot quotes firm
The international situation boosted aluminum prices, and today, traders in central China had a strong bullish sentiment, with overall transaction sentiment strengthening. Some large downstream processing enterprises stopped purchasing due to high inventory, but influenced by the bullish sentiment,...
Aluminium prices decline, market trading sentiment rises, spot premiums and discounts in East China continue to narrow
SHFE aluminium 2602 fluctuated downward in the morning session, with the price centre lower than the previous trading day. Affected by the decline in aluminium prices, the spot-futures price spread, and the price spread between futures contracts, spot premiums/discounts in the market moved higher....
NEA: China to set out new energy system in 15th five- year plan
The NEA maps out clarified goals in the post after the acceleration of building a new energy system characterised by a "green, low-carbon, safe, and efficient" structure was identified as a key priority for China's economic work earlier this month. Together with the State Council's directives to...
ASI certifies Shandong YuanWang Electrotechnics Co., Ltd. against Performance Standard V3.1
Shandong Innovation Group Co., Ltd has achieved ASI Performance Standard V3.1 (2023) for the manufacture of electric-applied aluminium round rods, aluminium alloy ingots, and aluminium alloy wires and cables, including processes such as melting, casting, rolling, cutting, sawing, homogenisation,...
Argentina terminates AD measures on Chinese aluminium foil
The products covered include unsupported, simply rolled aluminium foil sheets with a thickness ranging from 0.006 mm to 0.2 mm and a width not exceeding 1,300 mm, the announcement said. Excluded from the scope are smooth foils with an aluminium content of at least 99.2 per cent, a thickness of less...
Nigeria eyes $2 billion Chinese investment for aluminium sector
中文翻译附于新闻末尾，敬请继续阅读。 On a warm afternoon in Abuja, conversation turned to an industry many had long written off as dormant. Nigeria’s steel and aluminium ambitions, often discussed, rarely realised, were back on the table as the Minister of Steel Development, Shuaibu Abubakar Audu, received a...
Alloy enterprises have not yet resumed work, and the market is mainly sluggish
Futures: The most-traded AD2604 contract for cast aluminium alloy closed at RMB 22,275 per tonne overnight, down RMB 45 per tonne, or 0.20 per cent, from the previous trading day. It opened at RMB 22,305 per tonne, hitting a high of RMB 22,435 per tonne and a low of RMB 22,235 per tonne. Trading...
Post-holiday aluminium prices rebound, alloy enterprises still feel lingering effects of Chinese New Year
Futures: There was no night session on the evening of February 13, 2026. On the last trading day before the holiday (February 13), the aluminium alloy 2603 contract closed at RMB 22,040 per tonne, down RMB 100 or 0.45 per cent from the previous trading day. Trading volume was 5,427 lots, and open...
SMM analysis: Jan aluminium billet output slumps, Feb production to hit 4-year low
In January, the operating performance of domestic primary aluminium billets weakened more than expected. According to SMM data, the operating rate for aluminium billets dropped significantly by 5.3 percentage points m-o-m to 50.3 per cent, down 1.3 percentage points y-o-y. Aluminium billet...
As global aluminium consumption heads towards 106.8 MT in 2026, What’s driving the growth - and which region leads the way?
What links electric cars, urban skylines, beverage cans and solar farms stretching across a desert? The answer is aluminium, which is steadily tightening its grip on the modern economy, and the numbers tell a story of consistent, broad-based expansion. Global aluminium consumption in the end user...
Renewable energy is changing the ecological scenario of this desert in China
In 2012, engineers installed 1 gigawatt photovoltaic arrays (a complete power-generating unit of a solar energy system with multiple solar panels connected in a series) to produce electricity from the extremely scorched area in the upper Yellow River catchment in the Qinghai province of China. For...
790 Mt of emissions and counting: China’s 18 tCO₂e aluminium production in a 1.5°C world
China is greening its aluminium, a trending statement for the past year. But while greening its onshore production, is it dumping its carbon footprint elsewhere? China's primary aluminium production (exceeding 44 million tonnes in 2025, while some report the production volume has exceeded 45...
