While precious metals tumbled sharply in response to the Fed Chair's hawkish remarks, aluminium bucked the trend, holding up relatively well and even exhibiting intermittent strength. On August 28, Federal Reserve Chairman Kevin Warsh, who had been in office for approximately 100 days, delivered...
Imported bauxite prices in China moved slightly higher last week amid improved activity in the spot market. No trend-level shift emerged on the supply-demand side. Although rainy-season disruptions and elevated freight rates continued to weigh on Guinea's export volumes, the country's weekly...
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From tightness to oversupply in southwest China At the beginning of the year, the commissioning progress of new alumina projects in Guangxi fell short of expectations, compounded by temporary production cuts at several alumina plants in the southwest region, leading to persistently tight spot...
Recently, persistent market rumours, such as the imminent introduction of an export quota system in Guinea and a potential reduction in China's imported ore supply, have captured the attention of participants in China's bauxite and alumina markets, intensifying the tug-of-war between market...
As of June 26, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,781 per tonne, increased RMB 32 per tonne from a week earlier, according to Mysteel's price assessment. On the supply side, since Shanxi province launched a safety...
June saw notable impacts on the secondary aluminium market from both lower primary aluminium prices and tighter scrap supply amid tax policy changes. The refined-to-scrap spread narrowed to RMB 412/tonne, a fresh year-to-date low, encouraging some consumers to replace scrap with A00 ingots. With...
Data from the General Administration of Customs of the People's Republic of China (GACC) shows that China imported a total of 23.03 million tonnes of bauxite in May 2026, representing a month-on-month increase of 16.65 per cent and a year-on-year surge of 31.49 per cent, indicating a significant...
Based on data released by the General Administration of Customs of the People's Republic of China (GACC), China imported 438,500 tonnes of alumina in May 2026, marking a month-on-month decrease of 28.11 per cent but a staggering year-on-year surge of 549.63 per cent. Exports for the month stood at...
In May 2026, China's primary aluminium imports fell while exports rose. While import sources remained heavily concentrated with Russian material still ranking first by volume, export flows diversified significantly across Asian markets. Total exports rebounded sharply month-on-month, though...
For the week of June 15-22, domestic alumina spot prices edged higher, with market trading activity remaining relatively steady. According to MySteel’s price assessment, the weighted national average spot price for smelter-grade alumina (minimum purity 98.6 per cent) stood at RMB 2,755 per tonne on...
China aluminium prices trended lower through late May, with Mysteel regional A00 ingot averages retreating between 1.38 per cent and 1.45 per cent month-on-month. The market remained locked in a tug-of-war between macro headwinds and fundamental resilience. While persistent rate hike expectations...
China's primary aluminium output rose by 1.7 per cent on year to 3.89 million tonnes in May, according to the latest data released on June 16 by the country's National Bureau of Statistics (NBS). May's output marked a 0.5 per cent uptick from the previous month, Mysteel Global's calculation based...
At the national level, the average price for smelter-grade alumina with a minimum purity of 98.6 per cent was assessed by Mysteel at RMB 2,729 per tonne (USD 403.8 per tonne) last Friday, moving up by a larger RMB 12 per tonne on day and marking a nearly two-month high, Mysteel Global noted. The...
On June 10, Mysteel assessed the average price for domestically-generated #6063 aluminium scrap in South China's Guandong province at RMB 19,650 per tonne (USD 2,901 per tonne), slightly lower by 0.5 per cent on month and unchanged from the end of May. The increasing tax burden incurred by the...
Recently, news spread in the market that Guinea, the world's largest bauxite producer, is planning to roll out export control measures in June 2026, using quota management to push up ore prices. In response, alumina futures rose sharply, with spot prices following suit. Market participants have...
Chinese alumina prices remained broadly stable during the May 29-June 4 week, as cautious purchasing by primary aluminium smelters stifled market activity. As of June 4, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,703 per...
The state-owned company said the technology marked the first time such a high blending ratio has been achieved globally, according to state media CCTV. Previous hydrogen-coal co-firing trials internationally had largely kept blending ratios below 10 per cent, as higher ratios are prone to...
The national average price for smelter-grade alumina with a minimum purity of 98.6 per cent was assessed by Mysteel at RMB 2,707 per tonne (USD 400 per tonne) on Wednesday, staying flat for the third straight working day. The stability at the national level reflected largely steady alumina pricing...
The rally unfolded in two distinct phases, beginning with an aggressive post-holiday restocking push - driven by El Nino event expectations and low utility inventories - followed by a late-month rebound triggered by safety inspection concerns after a fatal mining accident. May surge begins in April...
Concerns among Chinese market participants heightened last week after reports that Guinea, the largest supplier of China's imported bauxite, plans to introduce measures next month to curb bauxite exports. The prospect of tighter availability of this key raw material for alumina refining lent...
