China aluminium sheet, strip and foil defy off-season lull; "golden September" rally in sight
China's aluminium sheet, strip and foil sector posted a stronger-than-expected off-season performance in August 2026, based on Mysteel's data. Specially, the weekly output eased modestly from July peaks but held steady near 390,000 tonnes, with operating rates hovering around 70 per cent. Orders...
Aluminium eggshells take on space debris with nearly 65% impact reduction
Researchers at Dalian University of Technology in China have tested a spacecraft protection structure made from water-filled aluminium eggshells, with the design reducing the velocity of an impact projectile by nearly 65 per cent. The research, published in the Journal of Applied Physics , looked...
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China’s A00 aluminium ingot price reflects Y-o-Y surge of 10.61%; Low-carbon aluminium price slumps to RMB 21035/t
Following a growth the previous day, China’s A00 aluminium ingot price declined by RMB 90 per tonne. The price as of today settled at RMB 20,210 per tonne, with the average price standing between RMB 20,190 per tonne and RMB 20,230 per tonne. The spot contract price may be traded at a discount...
China-based Mingdao Aluminum signs strategic cooperation agreement with Delphi
On June 18, 2024, Mingdao New Material and Delphi entered a strategic cooperation agreement to share resources and jointly develop the aluminium market for building applications, including honeycomb panels, aluminium veneers, and insulation panels. About Mingdao Aluminum At the meeting, Meng...
China’s A00 aluminium ingot price recovers RMB70/t from the preceding losses for two days; Aluminium alloy prices gain RMB50/t
According to the Shanghai Metals Market survey, A00 aluminium ingot price has grown after two consecutive days of downfall to stand week-on-week higher than RMB 20,210 per tonne. The price today, July 9, has increased by RMB 70 per tonne, reaching RMB 20,300 per tonne, up by 0.45 per cent from a...
Turkey signs contract with Chinese EV manufacturer BYD for a $1 billion plant
Turkey has reportedly signed an electric vehicle manufacturing contract with Chinese electric car maker BYD. According to Turkish officials, the $1 billion plant will be located in the west of the country. The new plant coming up in Turkey will give the Chinese car manufacturer easier access to the...
China aims to improve industry competitiveness with recycled aluminium and copper import rules
The Ministry of Ecology and Environment (MEE) of China has unveiled draft regulations to facilitate the importation of recycled aluminium and copper, aiming to enhance supply and bolster industry competitiveness. China, the leading global producer and consumer of metals, is intensifying its efforts...
China’s A00 aluminium ingot price stands steady W-o-W despite a continued loss of RMB40/t
Despite the continued decline in China’s domestic A00 aluminium ingot price, the market has shown resilience. The ingot price, standing at RMB 20,230 per tonne, is higher by 0.60 per cent than the previous week. However, compared to the last day of trading, the price has experienced a loss of RMB...
Upstream Aluminium Weekly Recap: Capesize rates soar above $30,000 per day as bauxite demand fuels shipping boom
This week, notable developments have surfaced in the upstream aluminium sector, covering bauxite, alumina, and primary aluminium. Capesize rates have surged above $30,000 per day, driven notably by unprecedented bauxite shipments from West Africa to China. The sector has seen substantial growth in...
EU enforces 38% tariffs on Chinese electric vehicles; effects on aluminium consumption is in question
On Thursday, July 4, the European Union demonstrated its commitment to fair trade by levying additional tariffs of up to 37.6 per cent on electric vehicles originating from China, alleging ramifications for the domestic market with unfair state subsidies. The European Union took this measure even...
China’s aluminium ingot price declines by RMB110/t without affecting positive W-o-W movement
As of July 5, China’s domestic A00 aluminium ingot price concluded the week at RMB 20,270 per tonne, with average prices hovering around RMB 20,250 to 20,290 per tonne, found the Shanghai Metals Market survey. Compared to the previous day, the price descended by RMB 110 per tonne but still stood...
World alumina production exceeds 12 Mt level in May amid dampened output in Oceania
The world's alumina production once again crossed the 12 million tonnes level in May 2024 (31 calendar days), close to the output in March 2024, reflecting a month-on-month increase of 2.43 per cent. During the same period last year, the world's alumina output was also above 12 million tonnes but...
LME aluminium benchmark price moves up to US$2493.50/t; SHFE price drops by US$19/t
LME aluminium opened at US$2,547 per tonne in the previous trading day, hitting a high of US$2,552 per tonne and a low of US$2,518 per tonne, and closed at US$2,527 per tonne, down US$22.5 per tonne or 0.88 per cent from the previous closing price. On Thursday, July 4, both LME aluminium cash bid...
China’s demand for Guinea bauxite fuels Capesize market surge
Capesize rates have recently surged past the $30,000 a day mark, largely driven by record-breaking bauxite shipments from West Africa to China. Bauxite, the primary source of aluminium, is a significant minor bulk commodity typically transported on Capesize vessels. According to the US Geological...
China’s aluminium wire rod producers’ operating rate grows on improved State Grid orders
According to the Shanghai Metals Market, domestic aluminium wire rod producers’ operating rate increased last week to meet backlogged orders. There were adequate inflows of State Grid orders through tenders in Qinghai, Jiangxi, Jiangsu, and Sichuan, leaving producers with ample orders on hand. The...
China’s A00 aluminium ingot price demonstrates W-o-W rise of 1.15% backed by central bank monetary policy
China’s central bank supportive monetary measure aimed at stabilising economy amid bearish demand for primary aluminium from downstream sectors has boosted China’s A00 aluminium ingot price for the second consecutive day, bringing it to RMB 20,290 per tonne on July 3, 2024. According to the...
LME aluminium benchmark price settles down by US$7/t; SHFE price moves up to US$2,801/t
LME aluminium opened at US$2,517.5 per tonne in the previous trading day, hit a high of US$2,537 per tonne, a low of US$2,513 per tonne, and closed at US$2,516 per tonne, down US$1.5 per tonne from the previous day, a decrease of 0.06 per cent. On Tuesday, July 2, both LME aluminium cash bid price...
Upward trajectory of China’s primary aluminium production is leaving strain on the alumina market
China achieved a record-high production of primary aluminium, reaching 3.65 million tonnes in May 2024, comparable to output levels seen in August and September of the previous year. This surge is bolstered by the restarting of smelters in Yunnan after a prolonged shutdown, promising an annual...
China central bank’s monetary policy boosts A00 aluminium ingot price by RMB100/t and rescues from W-o-W fall
On July 2, 2024, China’s A00 aluminium ingot price has witnessed a modest growth after two previous consecutive days of downfall, found the Shanghai Metals Market (SMM) survey. According to SMM, the price has increased by RMB 100 per tonne to reach RMB 20,210 per tonne, driven by China's central...
Chinalco Shandong’s red mud utilisation project attains special recognition for scientific and technological progress
In the very recent Science and Technology Award of China Environmental Protection Federation 2023, Chinalco Shandong received prestigious recognition by winning the first prize for its scientific and technological progress in the comprehensive red mud utilisation project "Green Technology and...
