While precious metals tumbled sharply in response to the Fed Chair's hawkish remarks, aluminium bucked the trend, holding up relatively well and even exhibiting intermittent strength. On August 28, Federal Reserve Chairman Kevin Warsh, who had been in office for approximately 100 days, delivered...
Imported bauxite prices in China moved slightly higher last week amid improved activity in the spot market. No trend-level shift emerged on the supply-demand side. Although rainy-season disruptions and elevated freight rates continued to weigh on Guinea's export volumes, the country's weekly...
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While the traditional summer off-season of 2026 draws to a close, domestic traders' aluminium inventory has successfully dropped below the critical threshold of 900,000 tonnes. This move has completely defied the seasonal pattern of inventory buildup typically seen between June and August, marking...
According to calculations by the Mysteel Aluminium Research Team, the weighted average full production cost for China's aluminium sector stood at RMB 15,760 per tonne in July 2026, up RMB 66 per tonne month-on-month. The Mysteel spot aluminium ingot average price for the same period was RMB 23,099...
Recent weeks have witnessed a flurry of spot transactions in the overseas alumina market, with prices exhibiting a broadly upward trajectory. As market participants shift their focus from mere price movements to underlying fundamentals, the sustainability of this rally and its potential impact on...
Following a brief upward spell, the prebaked anode market has pulled back again, with a major Shandong-based aluminium smelter setting its August 2026 procurement benchmark at RMB 5,630 per tonne by cash and RMB 5,645 per tonne by acceptance, down RMB 53 per tonne from July. Meanwhile, the prebaked...
According to Mysteel's data, as of the end of July 2026, the weighted average full production cost for China's alumina industry stood at RMB 2,826.21 per tonne, down approximately RMB 9.01 per tonne from the previous month. Most refineries continued to press ahead with cost-control and efficiency...
On August 12, Mysteel's daily assessment for Guinea bauxite (Al:45 per cent,Si:3 per cent) was USD 71 per dmt, up USD 1.5 per dmt from a month ago. The assessment for Australian bauxite (Al:50 per cent,Si:6.5 per cent) rose by USD 2.5 per dmt M-o-M to USD 66.5 per dmt. Guinean bauxite prices edged...
Mysteel's price assessment showed that China's aluminium prices demonstrated a clear recovery trend entering July 2026. On one hand, the previous oversold conditions provided technical momentum for a rebound; on the other, fundamentals offered robust support. During the price correction phase, the...
Last week, domestic spot alumina prices moved steadily with a weak bias, and market trading sentiment was muted. As of July 31, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,731/tonne, dropped RMB 13 per tonne from a week...
China anode material output reached 372,500 tonnes in July, up 55.21 per cent year-on-year, with capacity utilisation rate rising to 83.03 per cent. Strong energy storage orders drove August lithium-ion cell production schedules up 7.40 per cent month-on-month, with energy storage cells accounting...
China's pre-baked anode prices found upward momentum in July as cost-side support re-emerged during the settlement cycle. According to Mysteel, a major Shandong-based aluminium producer raised its July prebaked anode purchase benchmark price by RMB 30 per tonne month-on-month, with settlement price...
The core pricing logic of the domestic aluminium market has undergone a fundamental shift. By 2026, China's total aluminium production capacity has reached the policy-controlled ceiling. With industry-wide operating rates already elevated and room for further capacity expansion effectively...
Recently, during the Federal Reserve's interest rate meeting, the aluminium futures prices at Shanghai Futures Exchange (SHFE) delivered an impressive performance. The day before the meeting, SHFE aluminium was the first among non-ferrous metals to rise against the broader trend; after the decision...
Last week, domestic spot alumina prices moved steadily with a weak bias, and market trading sentiment was muted. As of July 24, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,744 per tonne, dropped RMB 6 per tonne from a week...
Recently, China's aluminium bar sector has been challenged by the off-season impact coupled with high temperatures, leading to shrinking orders and declining operating rates at downstream enterprises. The industry's overall operation has shown a slow, sluggish pace, which in turn has directly...
According to data from the General Administration of Customs of the People's Republic of China (GACC), China imported approximately 55,100 tonnes of unwrought aluminium alloys in June 2026, representing a year-on-year decrease of 22,300 tonnes (down 28.81 per cent) and a month-on-month decrease of...
Data from Mysteel shows that domestic primary aluminium-based semi-products consumed 5,450.5 tonnes of molten aluminium the week ending July 23,2026, down 4,390 tonnes week-on-week. In June, domestic weekly molten aluminium consumption by aluminium semis producers maintained a steady upward...
Recently, the domestic aluminium rod market has cooled down from its previous heated state. With no substantial increase in actual demand at present, the demand void triggered by the contraction of export orders continues to ferment. The mismatch between supply and demand in the market has...
Mysteel's daily price assessment showed that the national average price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,744 per tonne, remaining stable compared to the previous day. The steady price trend can be attributed to the offering prices in China's five key...
