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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Metro Mining’s 2025-2026 bauxite contracts highlight expanding Chinese partnerships
Australia’s Metro Mining has secured multi-cargo offtake agreements for bauxite shipments from its Bauxite Hills Mine in Queensland, covering the years 2025 and 2026. The agreements total 6.9 million wet metric tonnes (WMT) in 2025 and 6.1 million WMT in 2026, ensuring a robust demand for its...
Jiaxin New Materials carries out trial production of its 7-series high-end aluminium alloy ingot
Jiaxin New Materials Company has conducted a trial production of its new 7-series high-end aluminium alloy round ingot product. The development of this much-awaited product marks a significant milestone for the China-based company. The newly developed product is a high-strength aluminium alloy with...
Zhengzhou Research Institute of Chinalco sets new industry standards with remote centralised crane control system
The intelligent control R&D team at the Zhengzhou Research Institute of Chinalco has successfully developed and implemented a Remote Centralised Control System for cranes in raw material warehouses, which has passed enterprise-level acceptance with high praise from experts. Addressing challenges...
Donald Trump 2.0: What is in store for the global aluminium industry?
Donald Trump returning to the White House as the 47th President of the United States after winning the 2024 election against Kamala Harris is already raising speculations about global trade policies and economic measures for the ensuing time. This especially comes after his protectionist regime as...
Metal prices get multiple shots in the arm
The combination of high alumina prices, positive sentiment in relation to the Chinese economy, the US$ index moving down, and small shortages of metal has seen metal prices rise to over RMB21,000/ tonne. However, there are also signs that the price may have moved higher into the stratosphere....
SMM alumina price heightens to RMB5328/t; A00 aluminium ingot price expands by RMB260/t
According to the Shanghai Metals Market (SMM) analysis, the average alumina spot price in China has continued its upward trajectory, reflecting a W-o-W hike of 5.37 per cent and a y-o-Y surge of 77 per cent from RMB 5,056 per tonne and RMB 3,010 per tonne. Image Source: Itaforte Alumina price...
Samsung is soon to launch the W25 foldable series with added features and luxurious mien
Samsung's select models, W25 and W25 Flip, have been launched exclusively in China. Built with a classy aluminium chassis, the models resemble the popular Samsung flip phone model Z Flip. The redesigned W25 and W25 Flip look way more sparkly than the Z Flip, with gold borders at different angles....
Weiwang Aluminum’s RMB 100 million project to foster sustainability & development in Inner Mongolia
On October 15th, Inner Mongolia Weiwang Aluminum Products Processing Co., Ltd. officially entered the trial production phase of its aluminium alloy ingot project. With a significant investment of RMB 100 million, the facility is set to produce 60,000 tonnes of aluminium alloy ingots annually,...
What does Trump 2.0 mean for China?
Defying predictions of a close race or a delay of days or weeks for the final numbers, Donald Trump has emerged with enough Electoral College votes to take back the job he held 4 years earlier. His victory speech at 2 in the morning offered little in the way of clues, but as most pundits have...
China’s domestic alumina price gains RMB44/t overnight, bringing it 4.9% W-o-W high; Imported bauxite price adds US$2.57/t
The average alumina spot price in China has added RMB 44 per tonne overnight to reach a new high of RMB 5,253 per tonne on Wednesday, November 6. The continued supply disruption on the suspension of GAC’s bauxite exports from Guinea, while the latter remains the primary source of imported bauxite,...
US finds subsidised imports of disposable aluminium containers from China hurt the domestic market
The United States Department of Commerce has reportedly found that government subsidies are giving a lot of undue benefits to domestic companies importing disposable aluminium containers, pans, trays, and lids from China. This, in turn, is causing an unfair trading environment for indigenous...
Baowu Aluminum completes trial run of 7-series alloy coils, eyeing aerospace application
Baowu Aluminum Hot Rolling Plant has achieved a significant milestone with the successful trial rolling of its first batch of 7-series alloy coils. Targeting high-value aerospace applications, the plant overcame complex challenges with new processes, ultimately achieving a successful trial roll of...
Dongxing Aluminum bags the "Green Aluminum Product Evaluation Certificate" for its products
On October 11th, Dongxing Aluminum Company achieved a significant milestone as 20,000 tonnes of its electrolytic primary aluminium liquid received certification from the Green Product Evaluation Centre of the China Nonferrous Metals Industry Association. With this certification, Dongxing Aluminum's...
Global push for recycled aluminium and copper capacity could signal shifts in non-ferrous scrap trade
Investments in recycled-content aluminium and copper production worldwide have sparked unease among traders and industry experts, with many questioning whether non-ferrous scrap exports will face a tightening landscape in the years ahead. This issue took centre stage at the Bureau of International...
October 2024: China’s aluminium processing industry PMI begins to experience off-season, recording a fall of 12.64% M-o-M
China’s domestic aluminium processing industry saw a 12.64 per cent downturn in the Purchasing Manager Index (PMI) during October 2024, reflecting a transition from peak to the traditional off-season. Although the PMI level in the said month stood above 50, the worsened trend in the preceding month...
SMM alumina price continues its upward trend, arriving at RMB5168/t; A00 aluminium ingot price adds RMB50/t
The average alumina spot price in China has opened the week with a surge of RMB 59 per tonne to settle at RMB 5,168 per tonne. As per the Shanghai Metals Market (SMM), the alumina price has continued its record-breaking climb, reflecting a W-o-W hike of RMB 268 per tonne or 5.46 per cent. Image...
Operation restrictions set in due to China’s winter heating season, cautioning production cuts of aluminium plates, sheets and strips
Environmental protection inspection and measurement have resumed in some Chinese provinces like Henan, which may cause aluminium plate, sheet and strip enterprises to reduce production. The Shanghai Metals Market is closely monitoring the situation as Henan is a hub for aluminium plate, sheet and...
Alumina price in Shanghai Metals Market towers over RMB 5k as week closes
As the week concludes, the price progress of alumina in the Shanghai Metals Market (SMM) continues to break records. The week started with the average alumina price of RMB 4900 per tonne and concluded with RMB 5,109 per tonne on November 1, 2024, with a total increase of close to 4.3 per cent...
