The diesel anode transport vehicle independently developed by Guizhou Aluminum Plant has successfully passed factory inspection and been officially loaded for shipment to Kazakhstan. The anode transport vehicle is a core specialised equipment for aluminium electrolysis production, facing harsh...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...
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According to China customs data, Chinese unwrought aluminium and aluminium semis exports in March 2023 amounted to 497,000 tonnes, bringing the total exports of the first quarter to 1.38 million tonnes. The monthly exports in March’23 registered a year-on-year fall of 16.3 per cent, while the...
The average alumina spot price in China has plummeted by RMB 14 per tonne over the weekend to reach RMB 2,903 per tonne as of Monday, April 17, found the Shanghai Metals Market. In Shanxi, the alumina price has slumped by RMB15 per tonne to stand at RMB 2,925 per tonne. On the other hand, in...
China’s social inventories of aluminium ingot across eight major consumption areas, including SHFE warrants, decreased by 72,000 tonnes week-on-week to come below 1 million tonnes on Thursday, April 13, found the Shanghai Metals Market survey. Data shows the inventories totalled 966,000 tonnes this...
According to the Shanghai Metals Market survey, China’s aluminium production in March 2023 (31 calendar days) stood at 3.41 million tonnes, registering an increase of 10.35 per cent month-on-month from 3.09 million tonnes. The data indicates that the monthly rise in March output brought it to the...
According to the Shanghai Metals Market, China's production of metallurgical-grade alumina in March 2023 (31 calendar days) increased by 8.5 per cent month-on-month to total 6.64 million tonnes. In February (28 calendar days), the output stood at 6.12 million tonnes versus 6.37 million tonnes in...
According to the Shanghai Metals Market, social inventories of primary aluminium in China across eight major consumption areas dropped 32,000 tonnes at the beginning of the week on April 10, 2023. Thus, according to SMM, the inventories totalled 1.006 million tonnes. On a week-on-week basis, the...
The average alumina spot price in China has dropped by RMB 2 per tonne on Wednesday, April 12, after remaining restrained for the past three days at RMB 2,920 per tonne, found the Shanghai Metals Market. Data shows the price has come in at RMB 2,918 per tonne as of April 12, marking a...
A00 aluminium ingot price has plummeted by RMB 240 per tonne, officially closing at RMB 18,380 per tonne, as the Shanghai Metals Market recorded on April 11, Tuesday. The average prices are expected to range between RMB 18,360 per tonne and RMB 18,400 per tonne, with spot contracts trading at a...
A00 aluminium ingot price has grown by RMB 60 per tonne, officially closing at RMB 18,670 per tonne, as the Shanghai Metals Market recorded on April 7, Friday. The average prices are expected to range between RMB 18,650 per tonne and RMB 18,690 per tonne, with spot contracts trading at discount...
A billet is one of the most widely used aluminium product forms globally. Billets are created directly through continuous casting or extrusion or indirectly through hot rolling an ingot or bloom. The billet is normally suitable for alloyed aluminium. As per the data, on Thursday, April 6, the...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium across eight major consumption areas, including SHFE warrants, stood further down over the weekend by 22,000 tonnes as of Monday, April 3. Thus, SMM data showed the inventories totalled 1.066 million tonnes on...
According to the Shanghai Metals Market survey, A00 aluminium ingot price has slipped by RMB 60 per tonne over the weekend ended April 3, 2023. Following the increase of RMB 90 per tonne to RMB 18,670 per tonne on March 31, the price has trended down to RMB 18,610 per tonne on April 3. The average...
According to the Shanghai Metals Market survey, China’s social inventories of aluminium billet plunged by 9,600 tonnes week-on-week to settle at 158,400 tonnes as of March 30. The inventories extended downfall at a higher rate this week compared to a drop of 1,500 tonnes in the week ended March 23...
According to the Shanghai Metals Market, China’s social inventories of aluminium ingot further lost 38,000 tonnes over a week across the eight major consumption areas, including SHFE warrants, to stand at 1.09 million tonnes as of Thursday, March 30. But it is to be noted that the weekly decline...
A00 aluminium ingot price has slumped by RMB 10 per tonne, officially closing at RMB 18,580 per tonne, as the Shanghai Metals Market recorded on March 30, Thursday. The average prices are expected to range between RMB 18,560 per tonne and RMB 18,600 per tonne, with spot contracts trading at...
According to the Shanghai Metals Market survey, China’s social inventories of aluminium ingot have continued destocking over the weekend ending March 27, 2023. Data shows the inventories have decreased by 18,000 tonnes from Thursday, March 23, to total 1.11 million tonnes but stand 55,000 tonnes...
According to the Shanghai Metals Market, Malaysia, Thailand, Vietnam, South Korea, and Pakistan were the five top suppliers of unwrought aluminium alloy to China during January-February 2023. In the first two months of the year, China imported 168,900 tonnes of unwrought aluminium alloy, reflecting...
According to the Shanghai Metals Market, China's primary aluminium inventories have witnessed a considerable slump of 85,000 tonnes on a weekly basis across eight major consumption areas, including SHFE warrants. On Thursday, March 23, the inventories came in at 1,126,000 tonnes, which in...
