Low inventory supports aluminium prices to consolidate at highs; Peak season recovery pace awaits verification
Futures: The most-traded SHFE aluminium contract opened at RMB 24,590 per tonne in the night session on September 9, reached a high of RMB 24,660 per tonne and a low of RMB 24,565 per tonne, and closed at RMB 24,650 per tonne, up RMB 90 per tonne or 0.37 per cent from the previous close. Futures...
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...
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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...
Xiaomi accelerates EV rollout, delivers 160,000 vehicles and reveals update on upcoming models
In a major milestone for its electric vehicle (EV) division, Xiaomi Group announced that its electric vehicle segment has cumulatively delivered 160,000 vehicles so far. The news was declared by Xiaomi Founder and Chairman Lei Jun during a live-streaming event for the Chinese Lantern Festival on...
Alumina: production cut news from some northern plants causes limited supply disruption
Futures market: Last Friday's night session saw the most-traded alumina 2505 contract open at RMB 3,346 per tonne, reaching a high of RMB 3,414 per tonne and a low of RMB 3,335 per tonne, before closing at RMB 3,368 per tonne, up 0.66 per cent. Open interest stood at 166,000 lots, down 4,000 lots....
Overseas alumina prices decline less than domestic prices, alumina export window gradually opens
Starting from mid-December 2024, domestic and international spot alumina prices began to decline successively. Overseas, the transaction frequency of spot alumina has been moderate in the past two months, with a total of 21 transactions recorded since December 10. Transaction prices have shown a...
Leading Innovative Enterprises in Henan Province: Luoyang Aluminum Foil bags the top spot
The Science and Technology Department of Henan Province recently released the "Announcement on the Selection Results of Leading Innovative Enterprises in Henan Province," with Luoyang Aluminum Foil earning a place on the prestigious list. The selection process for Henan Province's leading...
US steel and aluminium tariffs: how will they impact China's aluminium exports?
On February 10 local time, US President Donald Trump signed an executive order announcing a 25 per cent tariff on all aluminium and steel imports to the US. Trump also stated on the same day that the policy would have ‘no exceptions or exemptions’ and that tariffs on automobiles, chips, and...
RUSAL receives the highest ESG ranking by China's leading agency
RUSAL, one of the world's largest aluminium producers, received an ESG ranking from the Chinese rating agency China Chengxin Green Finance Technology (CCXGF). The agency has assigned RUSAL the highest category ranking of "A—." The expert assessment was based on 17 key indicators of the Company's...
This week's spot alumina transaction prices continued to decline, while the domestic alumina export window may gradually open
As on February 13, the SMM regional weighted index was RMB 3,391 per tonne, down RMB 411 per tonne W-o-W. Among them, Shan Dong reported RMB 3,250-3,350 per tonne, down RMB 425 per tonne W-o-W; Henan reported RMB 3,350-3,450 per tonne, down RMB 375 per tonne W-o-W; Shanxi reported RMB 3,250-3,450...
Chinalco Ruimin reaffirms the ‘National High-Tech Enterprise’ status for the second time
Chinalco Ruimin has successfully passed the re-examination for 'National High-Tech Enterprise' status and has been awarded the national high-tech enterprise certificate. The certificate is jointly issued by the Ministry of Science and Technology, the Ministry of Finance, and the State Taxation...
Driving towards a circular aluminium supply chain with Lizhong Group & partners
On January 8, 2025, LI hosted its inaugural Annual Forum on Climate Change and Carbon Neutrality in Beijing. During the event, LI, Lizhong Group, and other partners officially launched the construction of a circular aluminium supply chain. LI actively advocates for the development and reuse of...
Baotou Aluminum carries out the first successful export of high-purity aluminium in batches
Baotou Aluminum's high-purity aluminium division has achieved a significant milestone with the successful batch export of high-performance, high-purity aluminium products. This accomplishment sets a strong foundation for the company's first-quarter performance. These exports are primarily destined...
Yongjie Aluminum earns the prestigious National Green Factory 2024 title for its contribution towards sustainability
The Ministry of Industry and Information Technology of China recently released the "2024 Green Manufacturing List Publicity," featuring three categories: green factories, green industrial parks, and green supply chain management enterprises. Yongjie Aluminum, a wholly-owned subsidiary of Yongjie...
Aluminium billet inventory hits nearly three-year high, market transactions remain weak
According to SMM statistics, as of February 13, 2025, the social inventory of aluminium billets in China stood at 300,400 tonnes, an increase of 25,500 tonnes (9.3 per cent) compared to the first day after the holiday (February 5) and an increase of 76,900 tonnes compared to pre-holiday levels...
November records a strong monthly surge of 12.64% in US aluminium scrap exports with Thailand bagging the top position
The United States is one of the leading aluminium scrap exporters in the world. As per the United States Geological Survey (USGS) data, in November 2024, a total of 196,000 tonnes of aluminium scrap was exported from the US, which, when compared to Y-o-Y, reflected a significant surge of 20.24 per...
SHFE aluminium weakly consolidates as alumina prices slightly collapse
On February 12, 2025, the most-traded SHFE aluminium 2503 contract opened at RMB 20,610 per tonne, with a high of RMB 20,690 per tonne and a low of RMB 20,520 per tonne, closing at RMB 20,575 per tonne, down 0.48 per cent. Trading volume was 96,000 lots, and open interest was 159,000 lots. On the...
Chinalco Shanxi’s breakthrough in secondary aluminium ash project earns global recognition
Chinalco Shanxi New Materials commissioned the China Nonferrous Metals Industry Association to assess two key achievements: the "Comprehensive Utilisation and Industrial Application of Secondary Aluminum Ash in Clinker Kiln Resources" and the "R&D and Application of an Automated Aluminum Bar...
Successfully shipped from Lianyungang: First batch of cathode sets for Indonesia Beijia electrolytic aluminium project
The first batch of cathode sets for the Indonesia Beijia electrolytic aluminium project, supplied by Shenyang Institute, was successfully shipped from Lianyungang on Friday January 10, 2025. The project is a joint venture between Indonesia's Adaro Group and China's Liqin Resources, with Shenyang...
ASI certifies Jiangsu Synprim Metal Materials Technology Co ., Ltd against Performance Standard V3 with Provisional status
Jiangsu Synprim Metal Materials Technology Co ., Ltd has achieved ASI Performance Standard V3 (2022) with Provisional status for aluminium cutting processes and packaging and sales management activities at their facility in Jiangsu, China. The Provisional Certification is valid for a period of one...
