Energy costs drive China's August inflation as non-ferrous metals surge 20.8%
China's producer inflation accelerated in August as higher energy and non-ferrous metal prices pushed industrial costs higher, while weak domestic demand kept consumer inflation subdued. China's factory-gate inflation accelerated in August, with non-ferrous metal smelting and processing prices...
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...
Grow with
AL Circle
NBS: China's raw coal production drops 2 per cent Y-O-Y in October
After Beijing had vowed in July to crack down on overproduction among coal mines, domestic miners have stayed cautious about their production to avoid potential punishment, as reported. The campaign continued to weigh on the coal sector in October, leading to an on-year decline in coal production...
AICE 2026 opens registration, set to illuminate the future of the global aluminium industry in Suzhou
AICE 2026 will be held from April 8-10, 2026, in Suzhou, China. Building on 20 successful consecutive editions, AICE 2026 is poised to be the definitive gathering for professionals across the entire aluminum value chain. Explore- Most accurate data to drive business decisions with 50+ reports...
Aluminium rod production cut wave hits: Nearly 800,000 tonnes of capacity undergoes concentrated maintenance shutdowns in November!
According to SMM statistics, China's total aluminium rod production in October 2025 was 381,000 tonnes, down 4,000 tonnes from September. The operating rate of manufacturers was recorded at 53.56 per cent, down 2.28 percentage points m-o-m and 7.44 percentage points Y-o-Y. The production cuts...
NBS: China's Jan-Oct primary aluminium output rises 2 per cent Y-o-Y
In October alone, China produced 3.8 million tonnes of the light metal, up by a small 0.4 per cent from the same month last year, the NBS data showed. The figure was lower by 0.2 per cent from September, Mysteel Global's calculation based on the NBS statistics showed. Explore- Most accurate data to...
Chuangxin Industries announces its plan to list on the main board of the Hong Kong Stock Exchange
Chuangxin Industries Holdings Limited is an integrated enterprise group with a core focus on the aluminium industry, focusing on alumina refining and aluminium smelting within the upstream of the aluminium industry chain. The Company’s business mainly comprises the production and sales of...
Glencore eyes cornerstone role in Chuangxin’s IPO, strengthening the Chinese aluminium industry
A new strategic investment has surfaced within the Chinese aluminium industry, with GLENCORE and Hillhouse Investment plans to acquire Chuangxin Industries during its upcoming IPO to be held in Hong Kong. This further signals an uplift in the Chinese aluminium smelter's potential as metal prices...
The most-traded cast aluminium contract approaches a High of RMB 21,400 per tonne, market caution rises
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 21,350 per tonne overnight, continued to hold up well, touched a high of RMB 21,375 per tonne, a low of RMB 21,280 per tonne, and finally closed at RMB 21,370 per tonne, up RMB 30 per tonne or 0.14per cent from the previous...
Aluminium prices lifted by supply worries and improved purchase sentiment
Aluminium prices have witnessed a 0.09 per cent rise, amounting to USD 273.8 per kg, attributed to revived market sentiment by the support of China’s economy-boosting measures and the US government shutdown causing supply disruptions . Supply tightness builds globally Production issues at major...
MYSTEEL: Oversupply keeps China alumina prices under near-term pressure
Meanwhile, China's imports of alumina climbed as overseas material remained cheaper than the domestic supply. Mysteel data showed that the average price of Australian alumina (purity above 98.6per cent) fell 4.5 per cent on a month to USD 344.4 per tonne CIF Lianyungang in October. By comparison,...
Macro tailwinds counter off-season pressure, SHFE aluminium breaks through 22,000 mark
Futures: Technically, the SHFE aluminium 2601 contract extended gains in yesterday's night session, closing at RMB 21,950 per tonne, up 0.85per cent, showing strong performance. The moving average system displayed a bullish alignment, with MA5 to MA60 (21,945-21,949) highly converged and prices...
Henan province to consolidate two major coal-energy groups
According to statements published by the two groups' subsidiaries late Monday, the Henan State-owned Assets Supervision and Administration Commission (SASAC) – the actual controller of both groups – has decided to inject its 100 per cent stake in Henan Energy into Pingmei Shenma "as a capital...
US and Mexico temporarily suspend sanctions against China, multiple positive factors support short-term strength in aluminium prices
Futures: From a technical perspective, the SHFE aluminium 2601 contract rose slightly by 0.28 per cent to RMB 21,750 per tonne during the night session on November 11, showing an overall pattern of fluctuating upward within a narrow range. The moving averages (MA5, MA10, MA30, MA60) were densely...
WEEKLY: China's alumina output drops, stocks swell to new record
The decline in output mainly reflected extended calciner suspensions in Hebei and Henan provinces triggered by ongoing air pollution alerts, as well as production adjustments in Shandong province, market sources said. Explore- Most accurate data to drive business decisions with 50+ reports across...
China-U.S. trade frictions ease, short-term macro tailwinds alleviate downward pressure
Futures: From a technical perspective, SHFE aluminium 2601 prices at the night session closed at RMB 21,675 per tonne. The MA5 (21,675) and MA60 (21,674) are near the current price, but the MA10 (21,677) and MA20 (21,677.33) are slightly higher, forming short-term resistance. The MACD indicator is...
Chinalco Southwest Aluminium signs deal with SMS Group for aluminium hot-strip mill
Chinalco Southwest Aluminium has reportedly entered into a business contract with SMS group to secure a new 1+4 aluminium hot-strip mill. The new facility will be installed at a plant currently under construction near the company’s existing operations in Xipeng, China. Explore- Most accurate data...
DAILY: Chinese spot alumina prices drop again, futures recover
According to Mysteel's price assessment, the national average spot price for metallurgical-grade alumina with purity above 98.6 per cent dipped by RMB 4 per tonne (USD 0.6 per tonne) on the day last Friday to stand at RMB 2,873 per tonne, including 13per cent VAT. Explore- Most accurate data to...
Aluminium slips to two-week low at LME amidst global market uncertainty
Aluminium prices moved lower on the London Metal Exchange (LME) on Thursday, November 7, reaching a two-week low as weakness in global equities weighed on sentiment across base metals. The decline came even as prospects for demand in China, the world’s biggest producer, continued to look firm....
Domestic demand expansion policies continue to take effect, optimistic sentiment boosts aluminium prices to fluctuate at highs
Futures: Based on the SHFE aluminium 2601 contract, the technicals from Friday's night session showed: The price settled at RMB 21,555 per tonne, down 0.46 per cent, below all key moving averages (MA5=21,557, MA10=21,558.5, MA30=21,558.33, MA60=21,558.5), indicating a short-term bearish bias; In...
