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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Alumina weekly operation slightly declined, surplus pattern unchanged, with spot prices continuing to drop
As of Thursday, the SMM alumina index stood at RMB 3,168.46 per tonne, down RMB 57.66 per tonne w-o-w. Prices in Shandong were quoted at RMB 3,100-3,140 per tonne, down RMB 40 per tonne w-o-w; Henan at RMB 3,140-3,180 per tonne, down RMB 40 per tonne w-o-w; Shanxi at RMB 3,100-3,180 per tonne, down...
DAILY: Chinese alumina spot, futures prices track lower
On Thursday, the national average spot price for smelter-grade alumina with over 98.6 per cent purity slipped by RMB 14 per tonne (USD 2 per tonne) from Wednesday to RMB 3,187 per tonne, extending its decline for a third straight working day, Mysteel's daily price assessment showed. The price drop...
China Aug anode material production up 3% MoM
According to Mysteel OilChem's survey, China's anode material production reported 223,500 tonnes in August, up 3.19 per cent from the previous month and 63.50 per cent from the same period last year, with a monthly average capacity utilisation rate of 62.71 per cent. The anode material producers...
China, a decade-old ally, unharmed in Guinea’s bauxite game. But why?
Over 100 mining licences were cancelled in Guinea, where big names like EGA have made headlines. But how many China-owned firms have been the target of Guinea’s ‘mine here, refine here regime’? The answer is a big-n-bold ZERO. The only report that deep search found when AL Circle was investigating...
China falls, Turkey rises: aluminium bars and rods exports reshape global trade
The global trade in aluminium bars and rods profiles during the first half of 2025 painted a picture of divergence, with some exporters expanding their reach while others struggled under regulatory and market pressures. China, still the largest player, endured the steepest fall. Its export volume...
WEEKLY: Chinese thermal coal prices lose steam as seasonal demand wanes
Chinese domestic thermal coal market closed last week (August 25-29) on a bearish note, as demand diminished seasonally despite lingering supply constraints. On Friday, Mysteel assessed 5,500 kcal/kg NAR thermal coal at RMB 695 per tonne (USD 97.5 per tonne) FOB northern ports with VAT, down RMB 7...
Primary aluminium production growth slows down in July’25 – energy crisis behind it
July has historically been the strongest month for primary aluminium production, and 2025 was no exception. Global output exceeded 3.8 million tonnes, a month-on-month increase of 3.17 per cent. Although this marked a record high, the growth rate was slightly weaker than the 4.07 per cent recorded...
FORECAST DATA: US & Europe slowed, Asia-Pacific's aluminium future shot to frontline
Asia-Pacific, where labour is affordable, setup costs of plants are cheaper and regulations are more friendly for business owners and stakeholders, have grown to become the focal point of the aluminium industry in the past decade. But what seems like a regional jump is a fruit of longstanding...
Zhongfu Industrial aluminium Q2 profits surge as electrolytic capacity rises and alumina costs drop
On August 31, 2025, Zhongfu Industrial, an international high-end aluminium alloy new material enterprise, announced its performance for the first half of 2025, showing mixed results on a year-on-year basis. A significant fluctuation occurred due to the weakened alumina price , while the...
DAILY: Chinese alumina prices extend losses on growing availability
Chinese alumina prices in both spot and futures markets faltered further on August 29, largely pressured by increased availability of spot material and firmer bargains from downstream buyers. Mysteel assessed smelter-grade alumina with purity exceeding 98.6 per cent in the Guangxi autonomous region...
Preliminary data on China's aluminium billet production in August released! Have all provinces fully resumed production?
The storm gradually subsided! The final scale of primary aluminium billets production cuts in July was lower than expected, with a smooth resumption pace in August. Three main reasons contributed to this: (1) Aluminium prices hovered at highs during the off-season, and the adaptability of the...
Guinea edges toward 199M tonnes of bauxite exports amid refining gap
Guinea is tightening its grip on the global bauxite trade, shipping record volumes even as its own alumina refining sector lags far behind. According to sources, Guinea mined about 123 million tonnes of bauxite in 2023, up from 103 million tonnes the year before. Exports grew even faster, jumping...
Upstream Weekly: Aluminium on the Moon, China’s 86% import surge & US tariff shockwaves
The global aluminium industry is still changing on all fronts, including the primary aluminium, bauxite, and alumina markets, driven by shifting trade policies, production hurdles, and creative approaches to production. From India's Chandrayaan-3 mission revealing aluminium on the Moon, China's...
Aluminium, Copper markets squeezed as energy transition outpaces supply
Aluminium prices held steady this week, even as demand from clean energy projects and electric vehicles pushed higher. Normally, stronger demand and technological advances would draw out more supply but this time, the opposite is happening. China, which accounts for more than half of world output,...
China domestic bauxite prices remain high, Guinea bauxite prices edge higher on low shipments
China's domestic bauxite supply remained low and prices stood at high levels. In a bid to maintain stable operation, some inland refineries purchased bauxite sourced from Turkey and Montenegro with elevated prices due to the decline in stocks of domestic ore. Image for representational purposes...
China Aluminum International posts interim 2025 results, market eyes stability
China Aluminum International Engineering Corporation Limited, a comprehensive service for aluminium and non-ferrous metal and allied industries, has announced its unaudited Interim Results for the first half of the 2025 on August 29. The audited result will be released in September 2025, which will...
September-October peak season in sight, aluminium prices hold up well
Futures: The most-traded SHFE aluminium 2510 contract opened at 20,760 RMB per tonne during the night session, reaching a highest price of RMB 20,780 per tonne and a lowest price of RMB 20,695 per tonne, closing at RMB 20,705 per tonne. Trading volume was 4.8 lots, and open interest was 241,000...
H1 2025: Chalco reports strong profitability with 2.16% Y-o-Y growth & upbeat full-year forecast
Aluminum Corporation of China Limited (Chalco) is a prominent player in the aluminium industry, primarily engaged in bauxite exploration and mining, alumina and primary aluminium production, and various related activities, has recently announced their H1 2025 financial results. In its latest...
