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Bauxite imports increase; short-term adjustment risks to watch; medium and long-term bullish logic remains unchanged
19 MAR 20256MINS

Bauxite imports increase; short-term adjustment risks to watch; medium and long-term bullish logic remains unchanged

Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at 20,715 per tonne, reached a high of RMB 20,720 per tonne, a low of RMB 20,630 per tonne, and closed at RMB 20,650 per tonne, down RMB 65 per tonne or 0.31per cent. Yesterday, LME aluminum opened at USD 2,690 per tonne...

Chinese aluminium firm gains EPS — stock pricings tell a different tale altogether
18 MAR 20252MINS

Chinese aluminium firm gains EPS — stock pricings tell a different tale altogether

JiaoZuo WanFang Aluminum Manufacturing Co. Ltd (SZSE:000612) has experienced a 3.9 per cent decline in its stock price over the past week, raising concerns among its predominantly individual investors, who hold a concrete 52 per cent stake in the company. The company's ownership structure reveals...

Improved profitability contributes generously to China’s aluminium production hike
17 MAR 20252MINS

Improved profitability contributes generously to China’s aluminium production hike

According to the National Bureau of Statistics, China’s aggregated aluminium production through January and February 2025 amounted to 7.32 million tonnes, reflecting about 3 per cent growth year-on-year from 7.1 million tonnes. The higher Y-o-Y output could be attributed to the improved...

Rusal’s 2024 operational and financial performances neither touched by bans nor by surging alumina prices
17 MAR 20253MINS

Rusal’s 2024 operational and financial performances neither touched by bans nor by surging alumina prices

Russian aluminium boycott by Western countries, drop in product sales, particularly primary aluminium and alloys, and increased alumina costs – nothing could stop Rusal from experiencing a growth in profit in 2024. According to the company’s annual financial and operational results released on...

Weekly alumina operating rate declines, domestic spot alumina prices continue to fall
14 MAR 20254MINS

Weekly alumina operating rate declines, domestic spot alumina prices continue to fall

Futures market: In the night session, the most-traded alumina 2505 contract opened at RMB 3,137 per tonne, with a high of RMB 3,147 per tonne and a low of RMB 3,121 per tonne, finally closing at RMB 3,125 per tonne, down RMB 22 per tonne or 0.69 per cent. Open interest stood at 217,000 lots. Ore...

The central bank stated that it would seize the opportunity to implement RRR cuts and interest rate cuts, focusing on the release of end-use demand
14 MAR 20256MINS

The central bank stated that it would seize the opportunity to implement RRR cuts and interest rate cuts, focusing on the release of end-use demand

Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,945 per tonne, hitting a high of RMB 21,035 per tonne and a low of RMB 20,875 per tonne, before closing at RMB 21,020 per tonne, up RMB 35 per tonne or 0.17 per cent. On Thursday, LME aluminium opened at USD...

US February CPI data below expectations, Overnight aluminium prices rise
13 MAR 20255MINS

US February CPI data below expectations, Overnight aluminium prices rise

Futures Market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 21,060 per tonne, hitting a high of RMB 21,100 per tonne and a low of RMB 20,945 per tonne, and closed at RMB 20,970 per tonne, up RMB 5 per tonne or 0.02 per cent. On Wednesday, LME aluminium opened at USD 2,704...

The total registered warrants exceed 200,000 tonnes; Bauxite and alumina prices may both fluctuate downward in the short term
13 MAR 20256MINS

The total registered warrants exceed 200,000 tonnes; Bauxite and alumina prices may both fluctuate downward in the short term

Futures Market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,180 per tonne, with a high of RMB 3,184 per tonne and a low of RMB 3,142 per tonne, closing at RMB 3,152 per tonne, down RMB 17 per tonne or 0.55 per cent. Open interest stood at 214,000 lots....

US lifts 50% tariffs on Canadian steel and aluminium, overnight aluminium futures rebound
12 MAR 20256MINS

US lifts 50% tariffs on Canadian steel and aluminium, overnight aluminium futures rebound

Futures Market: Overnight, the most-traded SHFE aluminium 2504 contract opened at RMB 20,880 per tonne, hitting a high of RMB 20,910 per tonne and a low of RMB 20,810 per tonne, before closing at RMB 20,830 per tonne, up RMB 75 per tonne or 0.36 per cent. On Tuesday, LME aluminium opened at USD...

India: ADC12 aluminium OEM-grade alloy ingot prices rise m-o-m in Mar'25 amid higher scrap tags
12 MAR 20254MINS

India: ADC12 aluminium OEM-grade alloy ingot prices rise m-o-m in Mar'25 amid higher scrap tags

Aluminium ADC12 alloyed ingot prices moved up m-o-m across both northern and southern India in March 2025, according to BigMint's benchmark assessment. This marks a six-month high, amid steadily rising scrap prices. BigMint's monthly assessment for the OEM grade of ADC12 stood at INR 217,000 per...

Overseas alumina transaction prices drop again, domestic spot transactions remain sluggish
12 MAR 20254MINS

Overseas alumina transaction prices drop again, domestic spot transactions remain sluggish

Futures Market: During the night session, the most-traded alumina 2505 contract opened at RMB 3,192 per tonne, reached a high of RMB 3,225 per tonne and a low of RMB 3,192 per tonne, and finally closed at RMB 3,196 per tonne, up RMB 2 per tonne or 0.07 per cent. Open interest stood at 201,000 lots....

Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
11 MAR 20253MINS

Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?

Good news is on the horizon for China's domestic aluminium smelters, as they are poised to see higher profits due to two contrasting sequences – 1) a drop in alumina prices and 2) an increase in primary aluminium prices driven by increased demand in the solar energy and automobile sectors....

The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
11 MAR 20253MINS

The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today

Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,905 per tonne, with a high of RMB 20,925 per tonne, a low of RMB 20,615 per tonne, and closed at RMB 20,845 per tonne, down 0.12 per cent. Trading volume was 17 lots, and open interest was 172,000 lots. SMM Comments: On the macro...

Aluminium alloy ingot prices take a wild turn, with record highs in the US and slumping in China
11 MAR 20254MINS

Aluminium alloy ingot prices take a wild turn, with record highs in the US and slumping in China

It’s a tale of two markets, wherein aluminium alloy ingot prices in China are stuck in the mud owing to downsized demand, and the US is witnessing an explosive spike, fuelled by tariffs and supply strains. Let’s break down what’s happening on the opposite sides of the globe. China is stuck in a...

Imported bauxite CIF index slightly adjusted downward; Spot alumina prices may fluctuate downgrade
11 MAR 20253MINS

Imported bauxite CIF index slightly adjusted downward; Spot alumina prices may fluctuate downgrade

Futures Market: During the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,195 per tonne, reached a high of RMB 3,206 per tonne, a low of RMB 3,181 per tonne, and closed at RMB 3,197 per tonne, down RMB 8 per tonne or 0.24 per cent, with an open interest of 201,000...

Greenwave's margins expand as scrap metal prices surge ahead of steel and aluminium import tariffs taking effect Mar 12
10 MAR 20253MINS

Greenwave's margins expand as scrap metal prices surge ahead of steel and aluminium import tariffs taking effect Mar 12

Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its margins have expanded significantly due to surging prices for scrap steel – already up 20 per cent since early February and expected to go higher – ahead of steel and aluminum import tariffs...

US employment data falls short of expectations, aluminium ingot continues destocking trend this week
10 MAR 20255MINS

US employment data falls short of expectations, aluminium ingot continues destocking trend this week

Futures: Last Friday, the SHFE aluminium 2504 contract opened at RMB 20,855 per tonne, with a high of RMB 20,920 per tonne and a low of RMB 20,790 per tonne, closing at RMB 20,880 per tonne, down RMB 5 per tonne or 0.02 per cent from the previous settlement. On the same day, LME aluminium opened at...

Genesis reveals US pricing for newly redesigned GV70 SUV
09 MAR 20253MINS

Genesis reveals US pricing for newly redesigned GV70 SUV

Genesis today announced US pricing for the newly redesigned 2026 GV70 SUV. Starting from a manufacturer’s suggested retail price (MSRP)* of $47,985, the 2026 GV70 embraces Genesis' “Athletic Elegance” design philosophy by offering consumers the perfect blend of utility and refinement. Image Source:...