Smm
Ruigi Aluminum supports SMM in creating the "SMM 2027 National Low-Carbon Aluminum Alloy Casting Enterprise Allocation Map"
To systematically build a new ecosystem for the green development of the aluminium casting alloy industry and help enterprises accurately connect with high-quality supply chain resources, SMM officially launched the "2027 SMM Low-Carbon Aluminium Casting Alloy Enterprise Distribution Map." This map will provide a panoramic view of the structure of China's low-carbon aluminium casting alloy industry, focusing on key data such as regional distribution of enterprises, major products, low-carbon certification status, and annual capacity scale, forming an authoritative platform for industry resource selection. SMM Shanghai Metals Market, together with Longyan Ruiqi Aluminium Co., Ltd., hereby invites upstream and downstream enterprises to participate in the preparation and promotion of this...
The US Federal Reserve's decision has been made, the rise in aluminium prices meets resistance, and a sideways movement is expected in the short term
The most-traded aluminium contract on the SHFE opened at CNY 23,465 per tonne in the overnight session on October 28, reached a high of CNY 23,500 per tonne and a low of CNY 23,285 per tonne, and closed at CNY 23,355 per tonne, down CNY 185 per tonne, or 0.79 per cent, from its previous close. The rebound met resistance and retreated, with prices falling below their 5-, 10-, and 40-day moving averages. So far, only the 20-day moving average has provided support, while the 60-day moving average remains an overhang. Trading volume for the session was 85,300 lots, with open interest at 247,000 lots, down 2,524 lots, primarily due to the unwinding of long positions. Technically, the 4-hour MACD maintained a golden cross, but the red bars narrowed significantly, indicating that the short-term...
Grow with
AL Circle
Price
→Events
Business Cards
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MORE
A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREEurope’s 9M 2026 aluminium production jumps to 5.56Mt as smelter restarts gain ground
Europe’s recycled aluminium production: Germany, Italy and the UK anchor a competitive market
Global EV sales to hit 35.4 million by 2030, with aluminium usage forecast to rise 38% in North America & 79% in China
AL Circle analysis: How do Germany’s 32.8% automotive aluminium share, 40% Diet Coke can price rise & 3.54Mt North American extrusion demand matter?
AL Circle Analysis: Guinea’s 150Mt bauxite cap, China’s import swings, US tariffs draw aluminium Q4’26
News
Shenyang LONGi supports SMM in creating the "National Low-Carbon Aluminium Foundry Enterprise Allocation Map SMM 2027"
To systematically build a new ecosystem for the green development of the aluminium casting alloy industry and help enterprises accurately connect with high-quality supply chain resources, SMM officially launched the SMM 2027 Low-Carbon Aluminium Casting Alloy Enterprise Distribution Map . This map will provide a panoramic view of the structure of China's low-carbon aluminium casting alloy industry, focusing on key data such as regional distribution of enterprises, major products, low-carbon certification qualifications, and annual capacity scale, forming an authoritative platform for industry resource comparison. SMM Shanghai Metals Market hereby invites upstream and downstream stakeholders to jointly participate in the development and promotion of this map. We welcome partners from all...
Fed rate hike expectations are easing, as aluminium price technical rebound gains momentum
The most-traded aluminium contract on the SHFE opened at CNY 23,585 per tonne in the overnight session on October 27, reached a high of CNY 23,685 per tonne and a low of CNY 23,545 per tonne, and closed at CNY 23,660 per tonne, up CNY 255 per tonne, or 1.09 per cent, from the previous close. Prices rallied sharply, breaking through the 5/10/20/40/60-day moving averages, which have now turned from resistance to support. Trading volume for the session was 79,411 lots, with open interest at 255,000 lots, an increase of 4,026 lots, mainly due to an increase in long positions. Technically, the 4-hour MACD extended its "golden cross," with the red bars holding at high levels, indicating strong short-term recovery momentum. The three-month LME aluminium contract opened at USD 3,038.00 per tonne...
Aluminium prices consolidate amid uncertainty over Fed rate hike expectations and limited support from inventory draws
The most-traded aluminium contract on the SHFE opened at CNY 23,440 per tonne in the overnight session on October 26, reached a high of CNY 23,590 per tonne and a low of CNY 23,440 per tonne, and closed at CNY 23,525 per tonne, up CNY 75 per tonne, or 0.32 per cent, from the previous close. Prices retreated after a small rally, holding above the 5/10/20/40-period moving averages, with the 60-day moving average forming resistance above. Trading volume for the session was 84,869 lots, with open interest of 254,000 lots, down 1,520 lots, mainly due to a reduction in short positions. Technically, the 4-hour MACD maintained a golden cross with the red histogram holding, and the short-term rebound momentum remained unchanged, although the upward momentum slowed somewhat. The three-month LME...
India’s aluminium alloy imports plunge 33% in August as LME prices climb
India’s imports of unwrought aluminium alloys under HS code 760120 declined 32.7 per cent year on year to 21,771 tonnes in August 2026, from 32,340 tonnes a year earlier, as higher international aluminium prices increased procurement costs and weighed on import demand. The average LME aluminium cash-settlement price rose 3 per cent month on month to USD 3,249.63 per tonne in August from USD 3,155.98 per tonne in July, potentially prompting Indian buyers to defer purchases amid elevated prices. The August decline followed a modest recovery in July, when imports rose 4.6 per cent year on year to 32,453 tonnes from 31,035 tonnes. Cumulative imports during April-August 2026 fell 12.5 per cent to 122,515 tonnes from 139,951 tonnes in the corresponding period last year. In value terms, August...
China destocking continues to support, ex-China supply caps upside
Futures: The most-traded SHFE aluminium contract opened at RMB 23,330 per tonne in the night session on Oct 23, hit a high of RMB 23,615 per tonne and a low of RMB 23,300 per tonne, and closed at RMB 23,575 per tonne, up RMB 225 per tonne or 0.96 per cent from the previous close. Prices rebounded and rose above the 5 per 10 per 20 per 40 per 60-day moving averages, which have shifted from resistance to support, strengthening the short-term bullish signal. Trading volume during the session was 102,000 lots, and open interest stood at 263,000 lots, up 5,862 lots, driven mainly by bullish positioning. On the technical front, the 4-hour MACD golden cross continued, with red bars expanding, releasing short-term rebound momentum. The LME aluminium 3M contract opened at USD 3,005.0 per tonne on...
2027 Aluminium supply-demand balance forecast: High profits drive concentrated capacity additions outside china, supply-demand balance shifts from deficit to surplus
Since 2026, the global aluminium market has maintained a tight balance, with producer profitability remaining high in recent years. As a result, the pace of new project construction outside China has accelerated significantly, and capacity expectations have been continually revised upward. SMM calculations show that as new capacity is increasingly commissioned in Indonesia, India, the Middle East, and other regions, the global aluminium supply and demand structure will shift from the current deficit to a gradual surplus in 2027, and 2027 could become a key turning point in this capacity expansion cycle. 2026: Geopolitical turmoil coupled with demand support; strong profits lay the foundation for an expansionary cycle In 2026, the global aluminium market was in a supply deficit. According...
Interviews
→
Blog
LATEST POSTS
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
Turn marketplace visibility into more relevant buyer enquiries.
View Priority Plans
