Guizhou Aluminum Plant's diesel anode transport vehicle passes inspection, ships to Kazakhstan
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...
Aluminium prices drift higher as September peak season operations recover amid low inventory
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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China’s domestic average alumina price dips by RMB1/t to RMB2946/t; A00 aluminium ingot price remains muted
According to the Shanghai Metals Market, China’s domestic average alumina spot price has dipped by RMB 1 per tonne to settle at RMB 2,946 per tonne as of Tuesday, February 28. In Henan and Guizhou, alumina price has plunged by RMB 15 per tonne and RMB 5 per tonne to stand at RMB 2,980 per tonne and...
China’s A00 aluminium ingot price loses RMB140/t on wavering consumption by downstream: SMM
According to the Shanghai Metals Market, China's domestic A00 aluminium ingot price has suffered a loss of RMB 140 per tonne on Friday, February 24, after displaying restraint for the past two consecutive days. SMM data shows the price has come in at RMB 18,480 per tonne, standing W-o-W high by RMB...
Primary aluminium inventories in China accumulate 15000 tonnes over a week to 1.248 million tonnes
According to the Shanghai Metals Market survey, social inventories of primary aluminium have grown by 15,000 tonnes over a week ending Thursday, February 23. On a week-on-week basis, the stocks have increased by 32,000 tonnes across eight major consumption areas, including SHFE warrants, to amount...
Aluminium production cut in Yunnan begins sending domestic metal prices range-bound: SMM
As expected earlier, aluminium production cut in Yunnan province and weaker-than-expected demand recovery would make the metal prices range-bound; both primary aluminium ingot price and aluminium alloys prices have remained muted as of Wednesday, February 22. According to the Shanghai Metals...
China’s aluminium processing enterprises report higher operating rates of 61.5% as demand starts recovering
Shanghai Metals Market survey found China’s average operating rate across leading aluminium processing enterprises rose 1.7 percentage points last week to 61.5 per cent. Aluminium plate, sheet, strip, foil and construction extrusion sectors recorded operational growth with the gradual arrival of...
A00 aluminium ingot price rallies by RMB230/t over the weekend; Aluminium alloys prices grow uniformly by RMB250/t
China’s domestic A00 aluminium ingot price has opened the week on Monday, February 20, with a hike of RMB 230 per tonne to RMB 18,690 per tonne, found the Shanghai Metals Market. This brings the price week-on-week higher by RMB 220 per tonne or 1.19 per cent from RMB 18,470 per tonne but stands low...
Power rationing may be introduced again, aluminium smelters in Yunnan region to reduce output
As a result of the shortage of hydropower in Yunnan after the Chinese New Year holiday, a new round of power rationing is likely to be introduced again to impede aluminium production. In addition, some aluminium smelters are already planning to halt their electrolytic cells. The rumours of...
China’s primary aluminium inventories reduce growth rate this week to settle at 1.22 million tonnes
According to the Shanghai Metals Market data, China’s social inventories of primary aluminium have extended W-o-W growth but at a slower rate than the previous week. SMM data shows the inventories have amounted to 1.22 million tonnes across eight major consumption areas, including SHFE warrants,...
Chinese aluminium wire and cable operating rates drop 6 percentage points M-o-M for CNY holiday
Shanghai Metals Market survey found the average operating rate in the aluminium wire and cable sector dropped 5.9 percentage points month-on-month and 0.6 percentage point year-on-year to 34.4 per cent in January 2023. The average operating rate of large producers lost 9.2 percentage points M-o-M...
China’s A00 aluminium ingot price marks a W-o-W downfall of RMB540/t on Feb 14; Alumina spot price gains RMB1/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has dipped by RMB 10 per tonne, marking the fourth consecutive fall. The data suggests though the price has lost only RMB 10 per tonne on Tuesday, February 14, it has registered a week-on-week fall of RMB 540 per tonne. The...
SMM finds Turkey’s local aluminium industry chain unaffected by the catastrophic earthquake
Shanghai Metals Market reported, based on CCTV news and CCTV international news, that although the catastrophic earthquake in Turkey brought devastating effects, including 5,894 people killed in Turkey and 1,832 in Syria, it barely disrupted the local aluminium industry. Seydisehir, the only...
China’s A00 aluminium ingot price loses RMB100/t to RMB18,470/t; Aluminium powder price inches down by RMB0.1/kg
On Monday, February 13, China’s A00 aluminium ingot price opened the week with a fall of RMB 100 per tonne to halt at RMB 18,470 per tonne, with the average prices standing between RMB 18,450 per tonne and RMB 18,490 per tonne. The spot contract price is expected to be traded at a discount price of...
China’s metallurgical-grade alumina output drops 1% in January 2023 due to production halt at refineries
In January 2023 (31 calendar days), China’s metallurgical-grade alumina production stood at 6.37 million tonnes, registering a drop of 0.93 per cent month-on-month from 6.43 million tonnes, found the Shanghai Metals Market data. On a year-on-year calculation, the output in January recorded an...
China’s domestic A00 aluminium ingot price plummets by RMB310/t; Aluminium alloy (A356) price settles below RMB20000/t
According to the Shanghai Metals Market data, China’s domestic A00 aluminium ingot price has plummeted for the second day in a row by RMB 310 per tonne to come close to the RMB 18,500 per tonne level. As per the data shown, the price stands at RMB 18,570 per tonne as of Friday, February 10, with...
China’s domestic aluminium production sets a reserve tone at the beginning of 2023 on lower operating rate
According to the Shanghai Metals Market data, China’s domestic aluminium production in January 2023 (31 calendar days) recorded a marginal drop of 0.6 per cent month-on-month to 3.42 million tonnes. In December 2022 (31 calendar days), the domestic output had grown by 3 per cent M-o-M from 3.34...
China’s A00 aluminium ingot price winds RMB60/t up the graph to RMB19060/t; Low carbon aluminium also gains RMB60/t
A00 aluminium ingot price has seen RMB 60 per tonne rise, halting at RMB 19,060 per tonne, as the Shanghai Metals Market recorded on February 8. The average prices are expected to range between RMB 19,040 per tonne and RMB 19,080 per tonne, with spot contracts trading at discount prices of RMB 80...
China’s alumina price gains RMB3/t to RMB 2,950/t; A00 aluminium ingot price mounts to RMB 19,000/t
The average alumina spot price in China has gone up by RMB 3 per tonne on Tuesday, February 7, after remaining restrained since January 31. The price as of today settled at 2,950, followed by a growth of RMB 10 per tonne in Shandong and Guizhou to come in at RMB 2,925 per tonne and RMB 2,880 per...
LME aluminium price glides down by US$73.5/t to US$2486.5/t; SHFE follows an upward trend to US$2810/t
LME aluminium opened at US$2,571 per tonne on Monday and dropped in European trading hours to a low of US$2,503 per tonne before closing at US$2,544 per tonne, down 0.86 per cent. On February 6, Monday, the LME aluminium cash bid price plummeted by US$72 per tonne or 2.8 per cent to stop at...
