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 to cancel aluminium export tax rebate from December 1, will this lead to trade negotiations with the US?
On Friday, November 15, China’s finance ministry declared its plan to reduce or cancel export tax concessions for a wide range of commodities, including aluminium. As per the report, the measure will be effective from December 1, 2024. Image Source: Made-in-China For certain products like refined...
China's bauxite import in September hit hard with serial disruptions. Will 2025 be any different?
China's dependence on imported bauxite is a significant factor in the nation's superior ranking in alumina and primary aluminium production. The sheer volume of raw material required to maintain this ranking cannot be met by domestic sources alone. Therefore, any disruption in bauxite supply has a...
China Hongqiao Group bags ASI Certification for high-precision aluminium sheet production and metal waste treatment
China Hongqiao Group Limited, one of the world’s leading aluminium manufacturers with a production capacity of more than 6 million tonnes and 11 major production bases around the world, has acquired Chain of Custody (CoC) Standard V2 (2022) Certification from the Aluminium Stewardship Initiative....
China’s aluminium production ramps up in October, backed by increasing operating capacity
China’s aluminium production in October 2024 (31 calendar days) saw a year-on-year increase of 1.69 per cent and a month-on-month rise of 3.58 per cent, attributed to capacities back to operations in early October after technical renovations. However, some smelters unexpectedly delaying capacity...
China’s alumina market closes the week at RMB5600/t; Record alumina price growth to potentially stabilise in 2025
On Friday, November 15, the average alumina spot price closed the week with a growth of RMB 33 per tonne to settle at RMB 5,600 per tonne. The alumina prices have shown incredible growth since September arriving at RMB 5,600 per tonne as of today. Image Source: Itaforte The prices have grown in...
The price of alumina and aluminium ingots go the opposite way for 4 consecutive days on SMM
As the week progresses, on Thursday, November 14, the alumina price surge trend, witnessed since the initial days of September, continues its upward climb in a similar ratio. Image Source: https://www.made-in-china.com/ Alumina pricing Today, the nearly colourless crystalline substance stood at RMB...
Aluminium and recycled copper: China's strategy to address copper scarcity
An industry group stated on November 13, 2024, that increased use of aluminium and recycled copper could assist China in managing its limited copper resources. This is because Chinese smelters face profit challenges due to constrained copper concentrate supplies. Ge Honglin, Chairman of the China...
Oct'24: China’s alumina output reaches 7 million tonnes again, but can this growth sustain amid tight bauxite supply?
After a decline last month, China's metallurgical-grade alumina production grew in October 2024, marking a M-o-M increase of 2.93 per cent, according to the Shanghai Metals Market survey. The output also escalated by 6.51 per cent year-on-year, backed by capacity expansion and higher operating...
High alumina price vs falling aluminium ingot price reflected on Chinese metals' market
The average alumina price on Wednesday, November 13, has now crossed RMB 5500 per tonne in the Shanghai Metals Market. The average cost, after a gain of RMB 39, has stood at RMB 5529 per tonne, whereas the provincial prices in Lianyungang and Bayuquan are short of a mere 100 bucks to reach RMB 6000...
China’s aluminium plate, sheet, strip and foil production to grow up to 8% in 2024 despite battery foil output waning
According to a preliminary survey by the Shanghai Metals Market, China’s output of aluminium plate, sheet, strip and foil products, such as can stock, battery foil, double-zero foil, auto body sheet, air-conditioner foil, brazing material, and electronic foil, is expected to demonstrate a robust...
Nigeria's ALSCON to resume operations as BFI & CNCEC forge $3.5 billion partnership
The Federal Government has facilitated signing a $3.5 billion agreement between BFI Group and China National Chemical Engineering Corporation (CNCEC) to revive the Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State. The agreement, signed on Monday, November 11, aims to...
Chinalco Zhengzhou Research Institute expands operation with its new fine alumina branch in Zibo
On October 28th, Chen Kaibin, Party Secretary and Chairman of Chinalco Zhengzhou Research Institute, along with Su Ruigang, Secretary of the Working Committee and Director of the Management Committee of Zibo Economic Development Zone, officially launched the fine alumina branch of Chinalco...
Alumina prices in two Chinese provinces shoot up 45% M-o-M; average market pricing comes to RMB 5490/t
As of Tuesday, November 12, the Shanghai Metals Market has continued on an upward price trajectory for alumina, with some of the province's prices reaching close to RMB 6000 per tonne. The average alumina price was RMB 5,490 per tonne, an additional RMB 49 compared to the previous day's pricing....
China’s alumina price hikes by RMB50/t, reflecting a Y-o-Y surge of 81%; A00 aluminium ingot price loses RMB220/t
The SMM alumina price has experienced a challenging momentum since the beginning of September. The average alumina spot price has shown unprecedented growth, reflecting a Y-o-Y spike of RMB 2,435 per tonne or 81 per cent from RMB 3006 per tonne recorded on November 13, 2023. Image Source: Itaforte...
TOP International strengthens partnership with Lubei Group by signing 2025 bauxite purchase agreement
TOP International Holding Pte Ltd., a leading global mining and resources company, on November 11, 2024, announced the signing of a new bauxite purchase agreement with Lubei Group, a diversified multinational conglomerate and one of China's leading producers in fertilizers, chemicals, and minerals,...
ALUMINIUM CHINA 2025: Celebrating 20 years of collective achievements and embracing a new chapter
The 20th ALUMINIUM CHINA will take place from July 9-11, 2025, at the Shanghai New International Expo Centre (SNIEC). Organized by RX China, the event will feature over 600 diverse exhibitors showcasing the entire aluminium industry chain. With the theme "Aspirational·Limitless·Unique: 20 Years of...
Anhui Lizhong’s Phase II aluminium alloy project expected to double its annual production capacity
On October 11, Anhui Lizhong Alloy Technology Co., Ltd. (referred to as Anhui Lizhong) celebrated the grand commencement of its second-phase project. The Phase I project of Anhui Lizhong, with an annual output capacity of 60,000 tonnes, has been completed and is now operational. Image Source:...
Alumina's provincial price is now RMB 5500+; Guinea's bauxite export disruption among others is proving hefty on the metals market
On November 08, 2024, Shanghai Metals Market saw the price of alumina rise to RMB 5,391 per tonne on average. However, the real eyecatcher was the price climb in the provinces of Lianyungang and Bayuquan. The price of alumina has been on a rapid surge spree since the beginning of September. Despite...
