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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China’s alumina price rose to RMB 2,707 per tonne as regional gains and Guinea bauxite concerns lifted market sentiment. Mysteel assessed the national average price for metallurgical-grade alumina with a minimum purity of 98.6 per cent at RMB 2,707 per tonne (USD 400 per tonne) last Friday, higher...
Under the new two-stage plan outlined by President Prabowo Subianto on May 20, private Indonesian miners will gradually shift their trading relationships to state firms during a transition period running from June 1 to August 31. 2026, as reported. From September 1, exports of coal, palm oil and...
On a per-day basis, output averaged 197,400 tonnes last month, marking a 2.1 per cent decline from a year earlier and a 2.2 per cent drop from the daily average in March, My steel Global calculated based on the IAl data. China remained the world's largest producer last month. Its primary aluminium...
Among all power sources, solar capacity recorded the fastest growth, surging 26.2 per cent on year to 1.25 billion kW. followed by wind power, which rose 22 per cent to 660.62 million kW. In comparison, thermal power capacity mostly coal-based increased at a slower pace of 6.8 per cent, reaching...
Domestic alumina output remained largely steady over the period, with production resumptions largely offsetting maintenance-related halts. According to Mysteel's survey, total metallurgical-grade alumina output from the 44 tracked refiners reached 1.79 million tonnes over May 15-21, marking a 0.2...
The national average price assessed by Mysteel for smelter-grade alumina with a minimum purity of 98.6 per cent was unchanged from the previous day at RMB 2,700 per tonne (USD 398 per tonne) last Friday. Across China's key alumina-producing regions, prices were also stable. Assessed prices for the...
The April volume jumped by 80.3 per cent from March and surged sharply by 5,598.8 per cent from Just 10,705 tonnes recorded the same month a year earlier, the GACC data showed. Over the first four months of this year, China's total alumina imports reached 1.4 million tonnes, up 1,297.5 per cent...
Alumina availability in the spot market increased over the week, bolstered by higher domestic production and steady inflows of imported alumina, according to market watchers. Domestic alumina production increased further last week, on the back of newly commissioned and resumed capacity. Over May...
By the close of Friday's daytime trading session, the most-traded June nickel contract had fallen by 2.1 per cent on the week to RMB 143,330 per tonne (USD 21,072 per tonne). In comparison, aluminium and copper futures contracts, both for June delivery, posted more modest changes. The most-traded...
Chinese prices for aluminium scrap have been rising steadily so far this month and are expected to continue climbing during coming weeks, supported by tightening scrap supplies and steady demand from secondary aluminium smelters, Mysteel's latest survey findings show. On May 13, Mysteel assessed...
The Q1 export volume surged by 40.3 per cent from the 1.1 million tonnes Indonesia shipped abroad during the same period in 2025, Mysteel Global noted. Despite the sharp increase in volume, the value of those alumina exports declined by 27.7 per cent on year to USD 513.8 million during the first...
China's alumina prices held broadly steady during May 1-7 after a brief uptick seen ahead of the May Day holiday over May 1-5, as cautious sentiment prevailed in the spot market amid signs of loosening supply following temporary pre-holiday tightness. According to Mysteel's price assessment, the...
China's daily gasoline consumption in May is projected to fall over 10 per cent compared with the same period last year, partly due to high prices constraining the downstream demand, aside sustained substitution of electric vehicles, according to OilChem's data. In detail, China's gasoline demand...
The deal, valued at about Yuan 47 million (USD 6.9 million) based on current coal prices, allows for a variation of plus or minus 10 per cent in volume, according to the filing. Shipments are scheduled to begin this month and will continue until the contracted volume is fully delivered and settled....
India's imported aluminium scrap prices exhibited mixed movements w-o-w as of 28 April 2026, despite an uptrend on the London Metal Exchange (LME), ongoing geopolitical tensions, and constrained global supply. According to BigMint's latest assessment for CFR Nhava Sheva deliveries, UK-origin zorba...
Mysteel assessed the national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent at RMB 2,696 per tonne (USD 395 per tonne) on April 23, marking a marginal decline of 0.5 per cent from a week earlier. The price drop slowed compared with the 2 per cent on-week...
Mysteel assessed the national average price for metallurgical-grade alumina with a minimum purity of 98.6 per cent at RMB 2,696 per tonne (USD 395 per tonne) on Monday, standing still for the fifth consecutive working day. At the regional level, assessed prices for the same grade of alumina across...
China's imports of uncalcined petroleum coke remained elevated in March, rising 24.47 per cent year-on-year to 1.4224 million tonnes, though down 13.5 per cent month-on-month, according to data from the General Administration of Customs of PRC (GACC). The average import price stood at USD 242.85...
