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China’s prebaked anode exports soar by 63% M-o-M to 234,100 tonnes in November 2021, shows customs data
24 DEC 20212MINS

China’s prebaked anode exports soar by 63% M-o-M to 234,100 tonnes in November 2021, shows customs data

According to China customs data, the country’s prebaked anode exports soared by 63.3 per cent month-on-month to 234,100 tonnes in November 2021. On a year-on-year calculation, the exports stood even higher by 178.1 per cent, hitting the highest level in 2021. But amid the sharp hike in export...

LME aluminium price moves down by US$47/t; SHFE price decreases by US$29/t
21 DEC 20212MINS

LME aluminium price moves down by US$47/t; SHFE price decreases by US$29/t

On Monday, December 20, LME aluminium cash (bid) price moved down by US$47 per tonne or 1.74 percent to stand at US$2,645 per tonne. LME aluminium official settlement price on the other hand dropped down by US$48.5 or by 1.80 percent to come in at US$2,645.50 per tonne, for the same day. 3-month...

Higher demand leads to the shortage of global primary aluminium supply during Jan-Oct 2021
17 DEC 20211MINS

Higher demand leads to the shortage of global primary aluminium supply during Jan-Oct 2021

The World Bureau of Metal Statistics (WBMS) released a report on Wednesday, December 15, revealing the shortage of 1.366 million tonnes of global primary aluminium supply from January to October 2021, in contrast to the metal surplus of 1.271 million tonnes in 2020. The global demand for primary...

LME aluminium price descends by US41/t to close at US$2,636/t; SHFE price decreases by US$9/t
15 DEC 20212MINS

LME aluminium price descends by US41/t to close at US$2,636/t; SHFE price decreases by US$9/t

LME aluminium opened at US$2,655 per tonne last night and closed at US$2,622 per tonne, down 1.35 percent or $36 per tonne. On Tuesday, December 14, LME aluminium cash (bid) price stood at US$2,635 per tonne, after descending by US$40 per tonne or by 1.49 percent. LME aluminium official settlement...

Why Buy AlCircle’s Report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026”?
13 DEC 20213MINS

Why Buy AlCircle’s Report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026”?

The year 2021 shows how the recycled aluminium industry has bounced back after experiencing fluctuating demand due to the pandemic and ensuing lockdowns in 2020 and early 2021. As a result, AlCircle has come up with its recently published sector focus report 2021, titled, “World Recycled Aluminium...

LME aluminium price inches up by US$0.5/t to stand at US$2,625/t; SHFE price decreases by US$6/t
09 DEC 20212MINS

LME aluminium price inches up by US$0.5/t to stand at US$2,625/t; SHFE price decreases by US$6/t

LME aluminium opened at US$2,625 per tonne last night and closed at US$2,635 per tonne, an increase of US$10.5 per tonne or 0.4 percent. On Wednesday, December 8, LME aluminium cash (bid) price inched by US$0.5 per tonne or by 0.01 percent to peg at US$2,625 per tonne. LME aluminium official...

Launched! AlCircle’s new report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026”
02 DEC 20213MINS

Launched! AlCircle’s new report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026”

AlCircle has come up with its latest sector focus report 2021, titled, “World Recycled Aluminium Market Analysis - Industry Forecast to 2026.” The report shows how the recycled aluminium industry has pulled itself up after experiencing fluctuating demand due to the pandemic and subsequent lockdowns...

Relief for NALCO and Hindalco investors as aluminium demand to outpace supply through H2 FY2022
30 NOV 20212MINS

Relief for NALCO and Hindalco investors as aluminium demand to outpace supply through H2 FY2022

Aluminium has been seeing a volatile trend in the global metals market for the past two months. In mid-October, the LME aluminium prices hit multi-year highs at US$3198/t but then recorded a steep downfall to US$2550/t in early November before stabilizing at around US$2700/t. Going ahead,...

US domestic primary aluminium production in September 2021 dips 1% M-o-M to 72,000 tonnes
26 NOV 20212MINS

US domestic primary aluminium production in September 2021 dips 1% M-o-M to 72,000 tonnes

The United States domestic primary aluminium production in September 2021 stood at 72,000 tonnes, reflecting a dip of 1,000 tonnes or 1.37 per cent from 73,000 tonnes in August but remained essentially unchanged compared to the output last year, found the US Census Bureau data. The daily average...

China’s primary aluminium production reflects M-o-M increase of 1.6% to 3.16 million tonnes for October 2021
10 NOV 20212MINS

China’s primary aluminium production reflects M-o-M increase of 1.6% to 3.16 million tonnes for October 2021

In October 2021, China’s primary aluminium production reflected a month-on-month increase of 1.61 per cent from 3.11 million tonnes to 3.16 million tonnes, found the Shanghai Metals Market. But on a year-on-year basis, the output stood down by 2.55 per cent from 3.25 million tonnes. SMM data showed...

Thailand’s aluminium scrap export during 2019-20 descends 13%; 24% upswing estimated for 2021
26 OCT 20212MINS

Thailand’s aluminium scrap export during 2019-20 descends 13%; 24% upswing estimated for 2021

The 2021 outlook has enhanced significantly for the scrap market, propelled in part by constrained supply chains and rising prices of the metal have seen a dramatic turnaround. However, prices remain volatile and most market participants remain cautiously optimistic. Aluminium scrap can be recast...

Bauxite Weekly Recap: Rio Tinto renews partnership with UQAC for 3 years to continue R&D in bauxite and alumina manufacturing
23 OCT 20213MINS

Bauxite Weekly Recap: Rio Tinto renews partnership with UQAC for 3 years to continue R&D in bauxite and alumina manufacturing

This week, the bauxite industry started with the news that, Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings...

AlCircle launches its eighth quarterly e-Magazine “Aluminium Industry 4.0: Drivers & Change Makers of 2021”
22 OCT 20213MINS

AlCircle launches its eighth quarterly e-Magazine “Aluminium Industry 4.0: Drivers & Change Makers of 2021”

AlCircle, one of the leading providers of information related to the metal industry, believes in staying at the forefront of the global aluminium value chain sector. By delivering the latest information and data related to the industry, AlCircle likes to stay connected with their readers and keep...

Aluminium varieties price remains stable despite power rationing
14 OCT 20212MINS

Aluminium varieties price remains stable despite power rationing

The coup in Guinea, a country rich in bauxite, in early September sparked market fears about a shortage of raw materials. Due to the dual control of energy use and the steep rise in coal costs, coupled with power rationing measures, the domestic power supply is tightening. The most actively traded...

Hong Leong anticipates rosy earnings prospects for Press Metal Aluminium in FY2022-23, bullish LME price to contribute majorly
07 OCT 20212MINS

Hong Leong anticipates rosy earnings prospects for Press Metal Aluminium in FY2022-23, bullish LME price to contribute majorly

Hong Leong Investment Bank Bhd (HLIB) has shown confidence about Press Metal Aluminium Bhd’s earnings prospects in the next 12-18 months. The bank anticipates that the Malaysia aluminium extrusion manufacturer and traders’ earnings to be buoyed by the bullish LME aluminium benchmark price trend...

Primary Aluminium Weekly: World Primary Aluminium production drops 0.60% M-o-M to 5.699 million tonnes in August 2021; Alcoa to invest more on stability in 2022
25 SEPT 20216MINS

Primary Aluminium Weekly: World Primary Aluminium production drops 0.60% M-o-M to 5.699 million tonnes in August 2021; Alcoa to invest more on stability in 2022

The global primary aluminium segment remained highlighted this week definitely due to the price factor but also for multiple reasons. The Pennsylvania-USA based Alcoa is gearing up to resume its idled aluminium smelter in Brazil, as it smelled the prices of aluminium sky-rocketing and production...

LME aluminium price surges by 1.73% higher at US$2,937/t; SHFE price plunges by US$17/t
24 SEPT 20212MINS

LME aluminium price surges by 1.73% higher at US$2,937/t; SHFE price plunges by US$17/t

Three-month LME aluminium opened at $2,932.5 per tonne yesterday and rose to $2,977.5 per tonne before closing at $2,956per tonne, an increase of $19 percent or 0.65 percent. Open interest rose 1,590 lots to 308,000 lots, and trading volume was 161,000 lots. On Thursday September 23, LME aluminium...

China’s unwrought aluminium and products imports decline 21% M-o-M to 247,547 tonnes in August 2021
20 SEPT 20211MINS

China’s unwrought aluminium and products imports decline 21% M-o-M to 247,547 tonnes in August 2021

According to the latest data shown by the General Administration of Customs on Saturday, September 18, China imported 247,547 tonnes of unwrought aluminium and aluminium products, which also included primary metal. That was 20.7 per cent lower than 312,086 tonnes in July and down 42.4 per cent from...