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...
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In September, China's aluminium wire and cable exports increased 3.1 per cent M-o-M, exceeding the full-year 2024 target in the first three quarters
Customs data shows that China's aluminium wire and cable exports reached 23,000 tonnes in September 2025, up 3.1per cent m-o-m and 145per cent y-o-y. Cumulative exports for January-September totalled 198,000 tonnes, up 30.6per cent y-o-y from 151,600 tonnes in the same period of 2024. By product,...
Trading sentiment rebounded, and the expansion of spot discounts in eastern China halted
SHFE aluminium fluctuated in the morning session, hovering around RMB 21,570 per tonne. In East China, high absolute prices dampened end-users' buying sentiment, with sporadic transactions concluded at a small discount to the SMM average price. However, as the price spread between futures contracts...
Tianshan Aluminium builds bauxite presence in China, Indonesia, Guinea
Tianshan Aluminium obtained a mining license for a 1 million tonnes per year bauxite mine in Guangxi through its wholly-owned subsidiary Jingxi Tiangui Aluminium, according to its official announcement. The mine, located in Jingxi, a county-level city under Baise city in the western part of...
Cast aluminium alloy most-traded contract retreats after rapid rise, edges down 0.05 per cent ADC12 cost support holds up well
Futures: The most-traded cast aluminium alloy AD2601 futures contract opened at RMB 21,090 per tonne overnight, rose to RMB 21,165 per tonne in early trading, then pulled back, and finally closed at RMB 20,965 per tonne, down slightly by 0.05per cent, showing a fluctuating trend of "retreat after...
Macro sentiment strong at home and abroad, aluminium prices continue to fluctuate at highs
Macro front, internationally, mid-week this Wednesday, US Supreme Court justices expressed significant doubts about former President Trump's authority to unilaterally impose comprehensive tariffs, questioning whether Trump could bypass Congress to initiate trade conflicts. However, government...
WEEKLY: China's thermal coal holds steady amid rosy demand outlook
Last week, according to Mysteel's assessment, the benchmark 5,500 kcal per kg NAR thermal coal dipped from RMB 768 per tonne (USD 107.9 per tonne) on Monday to RMB 766 per tonne on Tuesday. After staying at this level in the following two days, it rebounded to RMB 769 per tonne on Friday. Explore-...
Macro vs. Fundamentals, aluminium prices hover at highs in the short term
Futures: During the night session on November 5, the most-traded SHFE aluminium contract opened lower, then surged before entering a consolidation phase. The 2512 contract opened at RMB 21,355 per tonne, hit a high of RMB 21,475 per tonne, touched a low of RMB 21,330 per tonne, and closed at RMB...
China Q1-Q3 GDP up 5.2 per cent energy and chemical demand shifts to high-end, green sectors
China's GDP expanded 5.2 per cent y-o-y in the first three quarters of 2025 (Q3: +4.8 per cent ), supported by resilient consumption and steady exports that offset persistent investment weakness. Energy and chemical demand are increasingly driven by advanced manufacturing and green transition...
Macro and Fundamentals present mixed signals, SHFE aluminium maintains fluctuating trend
Futures: On the night session of November 4, the most-traded SHFE aluminium contract opened higher but came under pressure and pulled back, then moved into consolidation, generally holding steady at high levels. The 2512 contract opened at RMB 21,395 per tonne, hit a high of RMB 21,440 per tonne...
World primary aluminium production growth eases to 1% in 9 months - hit by China's cap, high energy costs and much more
What is up with the primary aluminium production at the end of the third quarter 2025 - wonders many people, especially with China nearing its 45 million tonnes cap, Australia grappling with energy crisis, and North America shifting its focus to secondary aluminium. Till the end of June, the world...
WEEKLY: Chinese alumina prices edge lower; stocks top three-year high
China's alumina prices in the spot market continued to fall last week, though at a slower pace, as overall supply remained abundant despite minor production disruptions in North China. Image for referential purposes only Explore- Most accurate data to drive business decisions with 50+ reports...
Is the US fighting hard enough to keep its aluminium in-house from competitors like China?
Aluminium industry leaders say the United States is unwittingly ‘leaking’ a strategic resource by exporting vast quantities of scrap metal even as domestic makers scramble for feedstock. The Aluminum Association’s new “Scrap The Exports” campaign notes that the US currently exports roughly 2...
Costs down and prices up, the aluminium industry's average profit broke through RMB 5,000 per tonne in October
According to SMM data, the average tax-inclusive full cost of China's aluminium industry in October 2025 was RMB 15,889 per tonne, down 1.8 per cent M-o-M and 13.3 per cent Y-o-Y, mainly due to the decline in the average monthly spot alumina price during the period, leading to lower costs. SMM data...
Weaker raw material prices to drive further decline in alumina production costs in November
The national weighted average full cost of alumina in October was approximately RMB 2,956 per tonne, down RMB 46 per tonne month-on-month; the weighted average cash cost was about RMB 2,786 per tonne. Cost Breakdown: Bauxite: In October, the price of imported bauxite bulk cargo from Guinea...
Prosecutors charge group over Samsung SDI battery technology leak to Vietnam and China
South Korean prosecutors have formally charged a group with stealing and leaking key electric vehicle (EV) battery technology belonging to Samsung SDI, one of the country’s leading battery manufacturers. The Defence Industry and Industrial Technology Crime Investigation Division of the Suwon...
Tariff turmoil: US push for self-reliance triggers a global rewire of medical supply chains
The United States’ tariff overhaul in 2025 has reshaped the landscape of the global medical equipment industry. What was intended to revive domestic manufacturing and lessen reliance on foreign suppliers has instead caused widespread disruption — pushing up hospital costs, straining supply chains,...
A glance of China oil market
On the demand end, the gasoline consumption will remain soft in the traditional seasonal low, while the gasoil consumption lacks strong support in the near term, with downstream players mostly on the sidelines. China's #92 gasoline prices edged down with a weekly cut of 0.76 per cent, and #0 gasoil...
The most-traded cast aluminium contract approaches the RMB 21,000 per tonne mark, maintaining a short-term rising trend
Futures: On Friday night, the most-traded cast aluminium alloy AD2601 futures contract opened at RMB 20,920 per tonne, reached a high of RMB 20,985 per tonne, a low of RMB 20,875 per tonne, and finally closed at RMB 20,965 per tonne, up RMB 160 per tonne or 0.77 per cent from the previous closing...
