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Elevated processing charges lend support to aluminium rod trading
30 MAR 20181MINS

Elevated processing charges lend support to aluminium rod trading

As reported by Shanghai Metal Market on March 28, 2018, aluminium rod witnessed a trading growth due to stringent supply and rise in processing charges, which jumped up to RMB 500 per tonne ex-factory in Shandong province. Some major sources at aluminium rod producers informed SMM that they were...

Century Aluminum denied permission to buy electricity from the open market
27 MAR 20182MINS

Century Aluminum denied permission to buy electricity from the open market

Century Aluminum made a second attempt to get power rate relief from the S.C. General Assembly for its Mount Holly smelter and failed again. The company has a few months left before it will have to close the plant and its 300 jobs. The public utilities subcommittee of the House Committee on Labor,...

Iran’s exports of aluminium drops year-over-year
19 MAR 20181MINS

Iran’s exports of aluminium drops year-over-year

Iran produced over 309,007 tonnes of aluminium ingots in the first eleven months of the current Iranian year (March 20-Feb. 20), according to the data released by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Iran has been following a downward pattern for...

LME and SHFE aluminium continue downward trends on the back of trade tensions in the international market
12 MAR 20182MINS

LME and SHFE aluminium continue downward trends on the back of trade tensions in the international market

LME aluminium continued falling closing the week with USD 2078.5 per tonne, down from USD 2082.5 per tonne the day before. The contract stayed firm above $2,100 per tonne over the weekend due to strong data from US non-farm payrolls. Shanghai Metals Market expects it to test the five-day moving...

Data shows a decline in aluminium bar rods and profiles export by Italy in 2018
06 MAR 20181MINS

Data shows a decline in aluminium bar rods and profiles export by Italy in 2018

Italy’s exports of commodities have increased during the last five years. Italy’s aluminium bar rods and profiles exports accounts for 1.8% of the total exports of the country. The country’s exports of aluminium bar rods and profiles are projected to decline in 2018. Global import-export data...

LME aluminium closes higher supported by tight spreads; further rise likely
19 FEB 20182MINS

LME aluminium closes higher supported by tight spreads; further rise likely

Benchmark aluminium price on London Metal Exchange closed 2 per cent higher at US$2,189.50 per tonne on Friday, February 16, as spreads tightened and price competition grew among market participants. Aluminium spreads have widened to a US$10 premium for cash over benchmark aluminium as the major...

Largest LME aluminium delivery in 4 years to swing spreads back into contango- an excerpt
14 FEB 20183MINS

Largest LME aluminium delivery in 4 years to swing spreads back into contango- an excerpt

Aluminium stocks on the London Metal Exchange have increased nearly 30% over the last three trading days, with market participants taking advantage of tightness in the February/March nearby spread. 166,225 tonnes were delivered onto the exchange today, the largest single delivery of aluminium into...

KEMPER GmbH revenue rose by almost 14 per cent in 2017
07 FEB 20182MINS

KEMPER GmbH revenue rose by almost 14 per cent in 2017

The demand for products and services of KEMPER GmbH continues to rise. Last year, the manufacturer of extraction and filter systems once again achieved a high sales growth. While KEMPER achieved solid growth of five percent in the local German market, total revenues rose by almost 14 percent....

Higher sales and commodity price boost Ma’aden’s net profit in 2017
02 FEB 20182MINS

Higher sales and commodity price boost Ma’aden’s net profit in 2017

The Saudi Arabian Mining Company (Ma’aden) published its consolidated financial and operating results for the year ending December 31, 2017. The company reported a strong profit growth driven by increased production and sales, improved commodity prices and tight cost control. Ma’aden produced 916k...

LME aluminium edges higher as market sentiment improves ahead of Trump’s address
30 JAN 20182MINS

LME aluminium edges higher as market sentiment improves ahead of Trump’s address

LME aluminium reversed its recent marginal losses and gained ground as global market sentiment improved ahead of U.S. President Donald Trump’s State of Union Address on Monday, January 29. The light metal contract rose from US$2,238 per tonne on Friday, January 26, to close at US$2,251.50 per tonne...

MCX aluminium gains 1.34% driven by spot market demand spike
29 JAN 20181MINS

MCX aluminium gains 1.34% driven by spot market demand spike

Aluminium traded at India’s Multi Commodity Exchange gained by 1.34 per cent on Monday, January 29, as demand picked up in the spot market and speculators built up fresh positions amid positive cues in the international market. MCX aluminium reached INR 143.50 per kg in futures. Price of aluminium...

China to drive another year of rapid developments in aluminium market
23 JAN 20183MINS

China to drive another year of rapid developments in aluminium market

Buoyed by events in China, the aluminium market is expected to see rapid growth in 2018, according to global energy, chemicals, renewables, metals and mining research and consulting group Wood Mackenzie (WoodMac). In its latest aluminium report, the company highlighted that China supply reforms,...

AlCircle Sector Focus report- “Aluminium Dross Processing: A Global Review” gets Industry intrigued
23 JAN 20182MINS

AlCircle Sector Focus report- “Aluminium Dross Processing: A Global Review” gets Industry intrigued

AlCircle’s new sector focus report- “Aluminium Dross Processing: A global Review” is generating overwhelming response. From leading aluminium smelters, rolled aluminium product manufacturers and recycling companies to market research firms and technical infrastructure providers- everyone is showing...

A00 ingot prices show restraint buoyed by the news of first increase in China's GDP growth in seven years
19 JAN 20182MINS

A00 ingot prices show restraint buoyed by the news of first increase in China's GDP growth in seven years

After three consecutive drops, A00 ingot price graph is registering some upward movement. According to Shanghai Metals Market, average A00 ingot price registered some gain today to stand at RMB 14450 per tonne. The prices are expected to move within a range of RMB 14,430-14,470. Spot discount will...

Alcoa doubles its 2017 full year adjusted EBITDA YoY on higher alumina and aluminium pricing
18 JAN 20182MINS

Alcoa doubles its 2017 full year adjusted EBITDA YoY on higher alumina and aluminium pricing

Alcoa Corporation the leading global conglomerate in bauxite, alumina and aluminium reported fourth quarter and full-year 2017 results yesterday. The results were positively impacted by strong alumina and aluminium pricing and management’s focus on reducing complexity, driving returns and...

Aluminum exports up 4.8% while import up by 25.6% in North America through October 2017
28 DEC 20172MINS

Aluminum exports up 4.8% while import up by 25.6% in North America through October 2017

Preliminary estimates from Aluminum Association indicate that aluminium demand in the United States and Canada (shipments by domestic producers plus imports) totalled an estimated 11.5 million tonnes through October 2017, up 3.3% over the same period last year. Apparent consumption (total demand...

AlCircle launches Aluminium Industry Recap 2017: A Look Back at the Global Aluminium Value Chain
19 DEC 20173MINS

AlCircle launches Aluminium Industry Recap 2017: A Look Back at the Global Aluminium Value Chain

After the launch of three successful industry reports, AlCircle is now coming up with a comprehensive Aluminium Industry Recap 2017. While we are wrapping up a positive and eventful year for the global aluminium industry; it also gives us an opportunity to look back at the significant developments...

Alumina prices in China register a drop of 22% since first week of November; imported alumina down due to slow demand
19 DEC 20172MINS

Alumina prices in China register a drop of 22% since first week of November; imported alumina down due to slow demand

Alumina prices have seen another drop today continuing the trend that started in November second week after the starting of winter capacity cut. From RMB 3730/t in the beginning of November spot average alumina price has dropped to RMB 2918/t, registering a drop of about 22%. The price drop was...