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 A00 aluminium ingot price further escalates to RMB 20160/t; Aluminium powder price inches up by RMB0.10/kg
A00 aluminium ingot price in China has extended its rise for the second day in a row by RMB 90 per tonne to RMB 20,160 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,140 per tonne and RMB 20,180 per tonne, with spot contract to be traded at a...
LME aluminium price closes mid-week at US$2588/t with US$1.50/t cut; SHFE price declines to US$2951/t
LME aluminium opened at US$2,637 per tonne on Tuesday and closed at US$2,558 per tonne, down US$79 per tonne or 3 per cent. LME aluminium cash bid price collapsed to US$2,587 per tonne with a 0.08 per cent or US$2 per tonne decline, according to London Metal Exchange. The LME aluminium official...
China’s primary aluminium inventories extend downfall by 49,000 tonnes W-o-W to 825000 tonnes on June 13
China’s social inventories of primary aluminium decreased over the weekend by 28,000 tonnes across eight major consumption areas, including SHFE warrants, to come in at 825,000 tonnes on Monday, June 13, found the Shanghai Metals Market. On a week-on-week calculation, the inventories recorded a...
China’s secondary aluminium alloy operating rate grows 2 percentage points in May’22 on improved pandemic
According to the Shanghai Metals Market, the average operating rate of secondary aluminium alloy producers saw a 1.96 percentage points of M-o-M hike to stand at 45.89 per cent in May 2022. But on a yearly basis, the operating rate faced a downfall of 13.67 percentage points. The monthly increase...
Alumina price slips by RMB3/t to RMB2957/t; A00 aluminium ingot price loses RMB180/t
The average alumina spot price in China has stopped at RMB 2,957 per tonne, declining by RMB 3 per tonne, on Tuesday, June 14, as the SMM data shows. The alumina price in Henan has dropped by RMB 10 per tonne to halt at RMB 3,020 per tonne. In Guizhou, the alumina price has marked the highest...
China’s metallurgical-grade alumina output augments to 6.955 million tonnes in May on increased productivity
China’s Shanghai Metals Market disclosed the metallurgical-grade alumina output amounted to 6.955 million tonnes in May 2022 (31 days), flaunting M-o-M increase of 12.16 per cent from 6.201 million tonnes and Y-o-Y rise of 12 per cent from 6.210 million tonnes. The average daily output of...
A00 aluminium ingot price in China opens the week with a plunge of RMB400/t; Average alumina spot price slips by RMB4/t
On Monday, June 13, A00 aluminium ingot price in China halted at RMB 20,100 per tonne, falling sharply by RMB 400 per tonne, as shown in the SMM data. The average price is expected to hover between RMB 20,080 per tonne and RMB 20,120 per tonne, with spot contract to be traded at a discount price of...
China’s aluminium billet operating rates inch up to 71.2% in May’22 owing to operation resumption after COVID pandemic
According to the Shanghai Metals Market, the average operating rates of aluminium billet producers using aluminium liquid grew by 0.2 percentage point month-on-month to 71.2 per cent in May 2022. In east China (mainly Shandong), north-west and south-west, aluminium billet operating rates exceeded...
Primary aluminium weekly recap: China’s aluminium production in May grows 4% M-o-M to 3.435 Mt; Vedanta reports 12% reduction in carbon emissions in FY2022 on the World Environment Day
The global aluminium primary aluminium segment witnessed a lot of significant changes. To begin with, the news that garnered the most attention this week was the appointment of Satish Pai as the new board chairman of the International Aluminium Institute. Satish Pai is the Managing Director of...
China’s aluminium production in May registers an increase of 4% M-o-M to 3.435 Mt
According to the Shanghai Metals Market, China produced 3.435 million tonnes of aluminium in May (31 days), which registered an increase of 4.15 per cent from 3.298 million tonnes in April (30 days). On a year-on-year basis, the output in May grew 3.6 per cent from 3.32 million tonnes. The daily...
China’s primary aluminium inventories suffer W-o-W decline of 29000 tonnes; situation to retrieve with improved transportation
As recorded by the Shanghai Metals Market, China’s social inventories of primary aluminium witnessed a downfall on Friday, June 9, across eight primary consumption areas. According to the data provided by SMM, the aluminium ingot inventory fell sharply by 29,000 tonnes week-on-week compared with...
China’s A00 aluminium ingot price stoops down by RMB20/t to RMB20820/t; Alumina price dips by RMB1/t
A00 aluminium ingot price has dropped by RMB 20 per tonne to settle at RMB 20,820 per tonne on Tuesday, June 7, after a day of sizeable price rise, as noted by the Shanghai Metals Market (SMM). The average price of aluminium ingots are estimated to range between RMB 20,800 per tonne and RMB 20,840...
Primary aluminium inventories dip by 8,000 tonnes over weekend to 874,000 tonnes: SMM
Social inventories of primary aluminium in China have continued to decline by 8,000 tonnes over the weekend ended Monday, June 6, across eight major consumption areas, including SHFE warrants. According to the Shanghai Metals Market, the further decline in inventories has brought the total volume...
A00 aluminium ingot price records back-to-back hike to RMB20840/t; Aluminium alloy (A356) price gains RMB300/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has built up by RMB 300 per tonne on Monday, June 6, to stand at RMB 20,840 per tonne. This has marked the second consecutive hike following a rise of RMB 350 per tonne. Today, the average prices are expected to range...
China’s primary aluminium inventories sharply fall by 55000 tonnes W-o-W on June 2
According to the Shanghai Metals Market, China’s social inventories of primary aluminium extended decline on Thursday, June 2, across eight major consumption areas, including SHFE warrants. As per the data found, the inventories fell sharply by 55,000 tonnes over the week and 151,000 tonnes from...
China’s A00 aluminium ingot price crash-lands on RMB20190/t with RMB570/t cut; High purity aluminium prices loose RMB600/t
A00 aluminium ingot price has plummeted by RMB 570 per tonne to stand at RMB 20,190 per tonne, as recorded by the Shanghai Metals Market on Wednesday, June 1. The average prices are estimated to range between RMB 20,170 per tonne and RMB 20,210 per tonne, with spot contracts trading at a discount...
China’s A00 aluminium ingot price closes the week higher at RMB20800/t; High purity aluminium prices hike RMB300/t
A00 aluminium ingot price in China has declined by RMB 250 per tonne to close the week, ending June 17, lower than RMB 20,000 per tonne. According to the Shanghai Metals Market, the price has precisely settled at RMB 19,910 per tonne, with average prices estimated to range between RMB 19,890 per...
Primary aluminium inventories in China decline for the third week in a row to 937,000 tonnes
Social inventories of primary aluminium in China have decreased by 28,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, found the Shanghai Metals Market. That brought the inventories to 937,000 tonnes on Thursday, May 26, which compared to Monday, May 23, were...
