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WEEKLY: China's alumina output hits over 1.5-year high
15 JUL 20252MINS

WEEKLY: China's alumina output hits over 1.5-year high

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...

Tariff disruptions continue to overlap with domestic aluminium ingot inventory buildup, putting short-term pressure on aluminium prices and causing fluctuations [SMM Aluminum Morning Meeting Summary]
14 JUL 20258MINS

Tariff disruptions continue to overlap with domestic aluminium ingot inventory buildup, putting short-term pressure on aluminium prices and causing fluctuations [SMM Aluminum Morning Meeting Summary]

[SMM Aluminum Morning Meeting Summary: Tariff Disruptions Continue to Overlay Domestic Aluminum Ingot Inventory Buildup, Aluminum Prices Under Short-Term Pressure and in the Doldrums] On the macro side, the domestic favourable atmosphere remains unchanged, while the impact of overseas tariffs...

Limited cost support led to a continuous decline in prebaked anode prices in July
12 JUL 20257MINS

Limited cost support led to a continuous decline in prebaked anode prices in July

From June 6th to July 7th, SMM's prebaked anode prices continued to decline. The benchmark procurement price for an aluminium plant in Shandong for July 2025 was RMB 4,749 per tonne, down 3.85 per cent from the previous month's benchmark. According to SMM, the export order prices for prebaked...

The most-traded cast aluminium alloy futures contract breaks through the 20,000 marks, with costs boosting spot prices
11 JUL 20253MINS

The most-traded cast aluminium alloy futures contract breaks through the 20,000 marks, with costs boosting spot prices

Futures Market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 19,945 per tonne, reaching a high of RMB 20,050 per tonne and a low of RMB 19,915 per tonne, before closing at RMB 20,015 per tonne, up RMB 75 per tonne or 0.38 per cent from the previous trading...

The most-traded SHFE aluminium contract increased in positions and rose overnight, with short-term import losses widening
10 JUL 20254MINS

The most-traded SHFE aluminium contract increased in positions and rose overnight, with short-term import losses widening

Futures Market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 19,820 per tonne, reaching a high of RMB 19,960 per tonne and a low of RMB 19,780 per tonne, before closing at RMB 19,945 per tonne, up RMB 115 per tonne or 0.58 per cent from the previous trading...

India: ADC12 aluminium OEM-grade alloy ingot prices hold firm m-o-m in Jun'25
10 JUL 20254MINS

India: ADC12 aluminium OEM-grade alloy ingot prices hold firm m-o-m in Jun'25

Aluminium ADC12 alloyed ingot prices remained stable m-o-m in June 2025 across both northern and southern India, according to BigMint's benchmark assessments. Steady pricing was supported by ongoing shortages of raw materials used in alloy ingot production. BigMint's monthly assessment for the OEM...

Del Monte files for bankruptcy amid soaring aluminium tariffs
09 JUL 20252MINS

Del Monte files for bankruptcy amid soaring aluminium tariffs

Heritage canned‑food maker Del Monte Foods has filed for Chapter 11 protection, citing credit pressures and “stunning increases” in packaging costs, driven in large part by President Donald Trump’s decision in early June to double U.S. tariffs on imported steel and aluminium to a whopping 50 per...

The signal of tariff implementation strengthens, and aluminium prices are likely to fluctuate at highs amid low inventory
09 JUL 20257MINS

The signal of tariff implementation strengthens, and aluminium prices are likely to fluctuate at highs amid low inventory

Futures Market: Last night, the most-traded SHFE aluminium 2508 contract opened at RMB 20,510 per tonne, with a high of RMB 20,560 per tonne, a low of RMB 20,495 per tonne and closed at RMB 20,540 per tonne. Trading volume was 32,000 lots and open interest was 255,000 lots. Last night, LME...

The most-traded aluminium alloy contract rose slightly overnight, with intensified competition between cost support and weak demand
08 JUL 20253MINS

The most-traded aluminium alloy contract rose slightly overnight, with intensified competition between cost support and weak demand

Futures Market: Overnight, the most-traded AD2511 cast aluminium alloy futures contract opened at RMB 19,755 per tonne, hitting a bottom of RMB 19,750 per tonne, reaching a peak of RMB 19,810 per tonne, and finally closing at RMB 19,785 per tonne, up RMB 35 per tonne or 0.18 per cent from the...

Aluminium prices dip amid weak manufacturing demand despite steady global supply and rising Chinese output
07 JUL 20253MINS

Aluminium prices dip amid weak manufacturing demand despite steady global supply and rising Chinese output

Aluminium prices fell by 0.56 per cent and are settled at INR 249.15 (USD 2.99) per kg, where the fall is witnessed due to the weak manufacturing demand, irrespective of immense support from the supplies. As per the latest manufacturing Purchasing Manufacturing Index (PMI) by China's National...

The supply in the spot market remains relatively loose, and alumina prices remain in the doldrums
07 JUL 20253MINS

The supply in the spot market remains relatively loose, and alumina prices remain in the doldrums

Futures market: On Friday last week, the night session of the most-traded alumina 2509 futures contract opened at RMB 3,015 per tonne, with a high of RMB 3,025 per tonne, a low of RMB 2,981 per tonne, and closed at RMB 3,012 per tonne, down RMB 12 per tonne or 0.40 per cent, with an open interest...

Aluminium scrap market remains at a high level during off-season, with cost pressure for secondary aluminium alloy hard to alleviate
06 JUL 20255MINS

Aluminium scrap market remains at a high level during off-season, with cost pressure for secondary aluminium alloy hard to alleviate

This week, the domestic aluminium scrap market continued to fluctuate at highs, with significant price differentiation. Spot primary aluminium prices fluctuated at highs during the week. As of July 3, the SMM A00 aluminium ingot prices closed at RMB 20,860 per tonne, up RMB 250 per tonne from last...

Aluminium scrap market remains at a high level during off-season, with cost pressure for secondary aluminium alloy hard to alleviate
04 JUL 20255MINS

Aluminium scrap market remains at a high level during off-season, with cost pressure for secondary aluminium alloy hard to alleviate

This week, the domestic aluminium scrap market continued to fluctuate at highs, with significant price differentiation. Spot primary aluminium prices fluctuated at highs during the week. As of July 3, the SMM A00 aluminium ingot prices closed at RMB 20,860 per tonne, up RMB 250 per tonne from last...

The loose supply of alumina remains unchanged, but futures disturbances intensify, and alumina prices enter a volatile period
03 JUL 20253MINS

The loose supply of alumina remains unchanged, but futures disturbances intensify, and alumina prices enter a volatile period

As of Thursday, this week, the SMM alumina index stood at RMB 3,112.73 per tonne, down RMB 11.94 per tonne from Thursday last week. In Shandong, prices were reported at RMB 3,050-3,110 per tonne, down RMB 15 per tonne from Thursday last week; in Henan, prices were at RMB 3,080-3,120 per tonne,...

Vedanta share price inches closer to INR 500 mark amid demerger momentum
03 JUL 20253MINS

Vedanta share price inches closer to INR 500 mark amid demerger momentum

Vedanta Limited, an Indian multinational company, has represented solid returns in the first 6 months of 2025. The share price of the firm is poised to reach the INR 500 (USD 5.99) mark and has gained nearly 5 per cent over time, while continuing with the previously announced demerger activities....

The centre of overnight cast aluminium alloy prices moved up again, with sluggish spot cargo transactions
02 JUL 20253MINS

The centre of overnight cast aluminium alloy prices moved up again, with sluggish spot cargo transactions

Futures Market: Overnight, the most-traded cast aluminium alloy AD2511 futures contract opened at RMB 19,830 per tonne, peaking at RMB 19,935 per tonne and bottoming at RMB 19,810 per tonne before closing at RMB 19,880 per tonne. The settlement marked a RMB 55 per tonne or 0.28 per cent increase...

The aluminium processing industry PMI drops 9.7 per cent in June ’25
01 JUL 20257MINS

The aluminium processing industry PMI drops 9.7 per cent in June ’25

The aluminium processing industry experienced a marked downturn in June 2025, with the composite Purchasing Managers’ Index (PMI) dropping to 40.1 per cent. This decline of 9.7 percentage points from May and 1.5 per cent year-on-year firmly placed the index in contraction territory below the...

Aluminum prices have risen sharply, while the overall increase in aluminum scrap prices has been limited [Daily Review of Aluminum Scrap]
28 JUN 20252MINS

Aluminum prices have risen sharply, while the overall increase in aluminum scrap prices has been limited [Daily Review of Aluminum Scrap]

Today, spot primary aluminium prices rose sharply by 280 per tonne compared to the previous trading day. SMM A00 aluminium ingot prices closed at 20,890 per tonne. Aluminum scrap market prices generally followed the upward trend, but the increase was limited. Currently in the traditional...