Mexico and Argentina take different AD actions on Chinese aluminium products
Mexico and Argentina are moving in different directions on aluminium imports from China. Mexico has imposed a new anti-dumping duty on aluminium bars, rods and profiles, while Argentina has dropped its existing anti-dumping order on certain aluminium tubes. Mexico has issued an anti-dumping duty...
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...
Grow with
AL Circle
New alumina capacity commissioned in February, production cut news emerges in some regions in March
According to SMM data, China's metallurgical-grade alumina production in February 2025 (28 days) decreased by 8.5 per cent M-o-M but was up 10.4 per cent Y-o-Y. As of February 28, China's existing metallurgical-grade alumina capacity stood at approximately 105.02 million tonnes, with operating...
Fastmarkets Bauxite & Alumina 2025: Exploring diversification, new capacity and supply/demand insights
After a transformative 2024—defined by an over 120 per cent surge in alumina prices and critical supply challenges—the bauxite and alumina industry faces pressing questions about its future. How will the sector adapt, diversify and expand to meet rising global demand? The Fastmarkets Bauxite and...
China market update: Aluminium derivatives pricing trend decoded
Last week’s market has been all about dynamic pricing across the aluminium sector — both for AL as a product and, in turn, for the affected allied industries. The market spots records of resuming downstream production after a prolonged Chinese holiday break. Hence, owing to the growing bullish...
Consumption yet to be realised, SHFE aluminium fluctuated and adjusted today
Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,550 per tonne, with a high of RMB 20,680 per tonne and a low of RMB 20,540 per tonne, closing at RMB 20,615 per tonne, up 0.34 per cent. The trading volume was 145,000 lots, and the open interest was 204,000 lots. On the macro...
World primary aluminium production in Jan’25 represents an average of 7-3% rise in major producing regions
The first month of 2025 began with a 2.73 per cent Y-o-Y rise in primary aluminium production but experienced a mild monthly dip, as shown by the International Aluminium Institute data. The annual growth was primarily backed by almost all the major global primary aluminium-producing regions,...
The spot-futures price spread narrowed to a discount of RMB 19/t, domestic alumina exports may have been halted
Futures market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,400 per tonne, with a high of RMB 3,420 per tonne and a low of RMB 3,391 per tonne, eventually closing at RMB 3,402 per tonne, up RMB 18 per tonne or 0.52 per cent, with an open interest of...
Anti-dumping investigation ruling released: how do aluminum foil producers respond?
Recently, the Internal Market Protection Department of the Eurasian Economic Commission announced the final ruling on the anti-dumping investigation of Chinese aluminium foil. It determined that the products involved were dumped and caused damage, recommending the imposition of anti-dumping duties...
Primary aluminum alloy market weak recovery in off-season: when will spring arrive?
According to the Shanghai Metals Market survey, the operating rate of China's primary aluminium alloy industry in January was 49.88 per cent, down 5.17 percentage points M-o-M, with a significant decline due to the Chinese New Year holiday. Based on the SMM survey, during the last week before the...
Tug-of-war between longs and shorts in the aluminium market intensifies, is expected to support bottom resilience
Futures: Yesterday, the SHFE aluminium 2504 contract opened at RMB 20,865 per tonne, peaked at RMB 20,895 per tonne, hit a low of RMB 20,820 per tonne, and closed at RMB 20,860 per tonne, up RMB 70 per tonne or 0.34 per cent from the previous day. LME aluminium opened at USD 2,687 per tonne,...
Mercedes-Benz braces for profit dip, plans 10% production cost cut
The German multinational luxury automotive company Mercedes-Benz Group is bracing for a significant drop in earnings this year as it faces intense competition and fluctuating global demand. In response, the automaker is rolling out cost-cutting measures, aiming to slash production expenses by 10...
Aluminium market: The current situation of transactions and inventory game amid "Rising" voices
This morning, the SHFE aluminium front-month contract fluctuated at highs near RMB 20,750 per tonne, slightly above the daily moving average. In the East China market, aluminium prices rebounded to high levels, with market sentiment dominated by a wait-and-see approach, leading to sluggish...
China: Clean energy powers ahead
China's National Energy Administration has released statistics on power generation and clean energy power generation in 2024, and the transition is impressive. China's aluminium industry is gaining a huge advantage when it comes to moving to clean energy. We are all familiar with the success story...
Fundamentals are mixed; alumina expected to fluctuate
In the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,449 per tonne, reached a high of RMB 3,449 per tonne and a low of RMB 3,408 per tonne, and finally closed at RMB 3,420 per tonne, down 0.87 per cent. Open interest stood at 158,000 lots, an increase of 1,424...
Trade barriers continue to escalate, aluminium prices remain volatile at high levels
Futures market: Yesterday, the SHFE aluminium 2504 contract opened at RMB 20,735 per tonne, reached a high of RMB 20,750 per tonne, a low of RMB 20,630 per tonne, and closed at RMB 20,735 per tonne, up RMB 100 per tonne or 0.48 per cent from the previous day. LME aluminium opened at USD 2,645 per...
China’s green energy investments closing the gap with global fossil fuel funding
China is the world's second-largest economy after the United States and despite its recent challenges, China poured an impressive $940 billion into clean energy initiatives in 2024, bringing its investment close to the $1.12 trillion spent globally on fossil fuels. This substantial commitment...
Market volatility and geopolitical risks drive China’s aluminium prices higher
The past week has been all about the dynamic shift driven by rising domestic prices, US tariff policies, and fluctuating supply-demand dynamics in the global aluminium market. According to various news platforms, Chinese aluminium spot prices have hiked to RMB 20,524 per tonne (USD 2,862 per tonne)...
Supporting the private economy: The tug-of-war between sellers and buyers continues amid a volatile pattern
Futures market: Yesterday, the most-traded SHFE aluminium 2504 contract opened at RMB 20,645 per tonne, reached a high of RMB 20,690 per tonne, a low of RMB 20,585 per tonne, and closed at RMB 20,660 per tonne, down RMB 50 per tonne from the previous day, with a 0.24 per cent increase. Yesterday,...
China-based Wanda Aluminum bags the ‘Innovative Enterprise’ title for 2024
Founded in 2002, China-based Henan Wanda Aluminum, known for specialising in producing and selling aluminium sheets, strips, and foils, was recently recognised as an innovative enterprise for 2024. In collaboration with relevant departments, the Provincial Department of Science and Technology...
