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 spot alumina prices remained under pressure on December 16, while the alumina derivatives market rebounded overnight after edging lower during the daytime trading session. Image for reference only (source: https://middleeastmetals.ir/) Explore- Most accurate data to drive business decisions...
Last month, Thailand held its position as the top aluminium scrap supplier to China, with shipments jumping 16.5 per cent on year to 26,708 tonnes, accounting for 16.9 per cent of China's total imports, but the volume slumped by 33.6 per cent from the previous month. It's worth noting that...
In October alone, China produced 7.87 million tonnes of alumina, up by 5.8 per cent from the same month of 2024, the NBS data indicated. However, production decreased by 1.7 per cent during the same month compared with September, Mysteel Global calculated based on the NBS data. Among China's five...
In October alone, China produced 3.8 million tonnes of the light metal, up by a small 0.4 per cent from the same month last year, the NBS data showed. The figure was lower by 0.2 per cent from September, Mysteel Global's calculation based on the NBS statistics showed. Explore- Most accurate data to...
On Oct 28, Mysteel daily assessments for Shanxi spot alumina were RMB 2,830-2,880 per tonne, EXW and including VAT, down RMB10 per tonne from a week ago, and assessments for Guangxi spot cargo were RMB 2,990-3,040 per tonne, down RMB 50 per tonne on week. SHFE most-traded contract closed at RMB...
According to Mysteel OilChem's survey, China's anode material production reported 223,500 tonnes in August, up 3.19 per cent from the previous month and 63.50 per cent from the same period last year, with a monthly average capacity utilisation rate of 62.71 per cent. The anode material producers...
On Tuesday, Mysteel's assessments on spot prices for metallurgical-grade alumina with purity above 98.6 per cent in Shandong, Henan, and Guizhou provinces declined by RMB 10 per tonne (USD 1.4 per tonne) from Monday, averaging RMB 3,190–3,310 per tonne. Meanwhile, the assessed prices for the same...
On Tuesday, Mysteel assessed physical prices for metallurgical-grade alumina with more than 98.6 per cent purity as unchanged in Shandong, Henan, Shanxi, Guizhou provinces and in the Guangxi autonomous region, ranging between RMB 3,215 per tonne (USD 447 per tonne) and RMB 3,325 per tonne. The...
China's primary aluminum production totalled 3.81 million tonnes in June, down by 0.5 per cent from May but up by 3.4 per cent from June 2024, according to the latest data released by the country's National Bureau of Statistics (NBS) on July 15. Last month's result meant that for this year's first...
Total metallurgical-grade alumina production among the 44 Chinese producers regularly tracked by Mysteel rose to 1.79 million tonnes over July 4-10, up 2.1 per cent from the prior week and marking the highest weekly output since January 2024, according to Mysteel's latest survey. The increase was...
According to the National Bureau of Statistics (NBS), China’s primary aluminium production in November 2022 escalated by 9.4 per cent year-on-year as power restrictions eased, allowing some regions to ramp up output and small smelters to commence operations. NBS data showed China produced 3.41...
The National Bureau of Statistics revealed China’s primary aluminium production in October 2022 increased by 9.5 per cent year-on-year, bolstered by the ease of power consumption curb than the previous year and growing exports. NBS data showed the country produced 3.45 million tonnes of the metal,...
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...
China’s production of aluminium declined for the third month in a row due to power shortages. The primary aluminium output came in at 3.26 million tonnes in July, an increase of 7.4% year-on-year, according to the National Bureau of Statistics. On a monthly basis, the production reduced by 0.9%...
