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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UK keeps anti-dumping duties on Chinese aluminium foil until 2029 — here’s why
The UK’s Trade Remedies Authority (TRA) has recommended keeping anti-dumping duties on aluminium foil in rolls imported from China for another five years, citing continued risks of unfair pricing and potential injury to domestic manufacturers. The recommendation, set out in the TRA’s 2025 Statement...
Caustic Soda prices hold firm across Asia due to steady demand
Caustic soda prices remained stable across prominent Asian markets during the first half of October 2025, backed by an even supply-demand relationship and steady industry demand. Although there were some mixed signals in certain countries, steady production costs, and cautious procurement...
Inside the global race for gallium: The metal behind America’s military edge
Rare earth elements are central to the United States’ military technology that operates across the air, land, sea, and space domains. Their strong magnetic and electronic characteristics enable compact, high-performance motors and actuators used in precision-guided munitions, missile control, and...
DAILY: Chinese spot alumina prices drop further, futures rebound
Mysteel assessed the national average spot price for metallurgical-grade alumina with a purity above 98.6 per cent at RMB 2,961per tonne (USD 415.8 per tonne) on Thursday, down by RMB 14 per tonne from the prior day. This marked the 27th straight working day decline, Mysteel Global noted. By...
Aluminium prices fall amid US-China trade uncertainty
Aluminium markets were cautious this week, with renewed trade concerns between the US and China weighing on sentiment. Financial research firm Kedia Advisory reported aluminium settling down by 0.21 per cent at INR 263.6 (USD 3), reflecting investor unease over global demand trends. Output caps and...
Boost in automotive consumption aids rebound in operating rate of secondary aluminium producers in September
Survey data on operating rates of secondary aluminium alloy enterprises by region and scale in October 2025: According to the SMM survey, the operating rate in the secondary aluminium industry rose by 3.2 percentage points MoM to 45.1per cent in September 2025, up 3.8 percentage points y-o-y. With...
Rising 23%: Guinea’s bauxite shipments soar amid floods and red tape
As of the third quarter, Guinea's exports of bauxite, irrespective of natural calamities like heavy rainfall and regulatory headwinds, have surged by 23 per cent year-on-year. According to the report of the Ministry of Mines and Geology, the country's critical aluminium feedstock shipment also rose...
China’s electric vehicle boom powers its fight against pollution and climate change
China is intensifying its efforts to combat pollution and climate change by accelerating its shift toward electric mobility. The automobile industry has become a central pillar of this transition, as record electric vehicle (EV) sales highlight how policy incentives, technological innovation, and...
DAILY: China's thermal coal market resilient on seasonal demand pickup
On Tuesday, Mysteel's assessments for the prices of 5,500 kcal per kg, 5,000 kcal per kg and 4,500 kcal per kg NAR coal strengthened to RMB 720 per tonne (USD100.9per tonne), RMB 630per tonne and RMB 550per tonne, respectively, FOB northern ports basis with VAT, all higher by RMB 5per tonne from...
CPI rebound coupled with inventory drawdown, aluminium prices hold up well in the short term
Futures: According to the night session data on Oct. 15, technical analysis showed that the SHFE aluminium 2511 contract fluctuated rangebound during the Oct. 15 night session, closing slightly up 0.05per cent at RMB 20,885 per tonne. Moving averages indicated the price was below the 5-day MA...
Mysteel: China alumina prices continue downward trend on supply surplus
On the supply side, China's alumina operating capacity rose above 98MTPA last week. Despite shrinking margins in the alumina sector, no cost-driven cuts or plans have been heard. Besides, according to Mysteel's tracking, China's alumina imports are expected to see a significant rise in October,...
US Fed month-end interest rate cut signals strengthen, and consumption underpins the aluminium market
Futures: According to the night session data on October 14, the SHFE aluminium 2511 contract closed at RMB 20,855 per tonne, down 0.36 per cent. It was under pressure in the short term below the 5-day moving average (MA5: 20,934), but remained above the 10-day, 30-day, and 60-day moving averages,...
WEEKLY: China's spot alumina prices soften further after holidays
According to Mysteel's latest survey, the 44 Chinese alumina producers regularly monitored by Mysteel produced a total of 1.9 million tonnes of metallurgical-grade alumina during the week of October 3-9, up by a marginal 0.2 per cent from the previous week. Domestic alumina output remained largely...
Escalating China-US trade tensions to weigh on aluminium prices in the short term
Futures: The SHFE aluminium 2511 contract fluctuated downward during the night session of October 10, closing at RMB 20,755 per tonne, down 1.59 per cent. The MA indicators show that MA5 (20,766), MA10 (20,764), and MA30 (20,764) are all above the closing price, with short-term moving averages in a...
MONTHLY: Chinese alumina prices to weaken further in Oct
Alumina supply surplus weighed heavily on its prices throughout September. By September 30, the national average price of metallurgical-grade alumina with more than 98.6 per cent purity fell by a marked 6.5 per cent from a month earlier to RMB 3,010 per tonne (USD 422 per tonne), continuing a...
Aluminium ingot and billet inventory shows mild buildup during the National Day holiday, with destocking likely to emerge towards month-end
Panorama of Aluminium Inventory During the Double Holiday: Mild Overall Buildup with Significant Regional Divergence Following the 8-day Double Holiday, SMM monitored changes in China's aluminium ingot and aluminium billet inventories before and after the National Day holiday. In 2025, domestic...
Average alumina price expected to drop in October; aluminium cost projected to fall below RMB 16,000 per tonne
According to SMM data, the average tax-inclusive full cost of China's aluminium industry in September 2025 was RMB 16,186 per tonne, down 1.5 per cent m-o-m and 6.4 per cent y-o-y, mainly due to the decline in the average monthly alumina price and lower costs during the period. Data from SMM shows...
China tightens rare earth export restrictions, adds new materials and equipment
In an effort to strengthen Beijing’s control over global supply chains, the Chinese Ministry of Commerce has announced a new expansion of its export control regime for rare earth elements. The new expansion also includes several new materials and processing equipment alongside the rare earth...
