SPIC Promises Peak Carbon Emissions By 2023
Chinese electricity and aluminium producer State Power Investment Corp (SPIC) said last week it is aiming to achieve peak carbon...
China
Baowu Constructing US$1.07 Billion Aluminium Alloy Plant In Henan
The biggest steel producer in the People’s Republic of China has begun a project in Henan to produce aluminium alloy commercially. Baowu Steel Group said on Sunday that the project began in February 2019. It will represent an investment of US$1.07 billion,...
China’s Aluminium Exports And Imports Likely Rose At Faster Pace In November: Reuters
A poll of aluminium firms conducted by Reuters earlier this week found that the prevailing opinion is that a stronger...
Shanghai Aluminium Recedes From Nine-Year High Thanks To Hopes For US Stimulus, COVID-19 Vaccine
Aluminium prices in Shanghai receded from a nine-year high yesterday, propelled to highs thanks to a surge in demand, news...
Events
China’s Economy Continues Strong Recovery In October, Boosting Aluminium Production
China’s economy continued to storm back from the depths in October, as factory outputs raced to meet rising retail sales in a better-than-expected recovery for the country’s economy. Per data from the National Statistics Bureau, industrial production rose by 6.9 percent on the year, similar to September’s rise and above experts’ expectations for the month. […]
Chalco To Open Second Line At Huasheng Alumina Refinery
According to a market source claiming knowledge of the matter, Aluminum Corp of China (Chalco) is planning to start a second production line at its Huasheng alumina refinery. Fastmarkets reported on Monday that the refinery at Fangchenggang Port in Guangxi would soon open the new line, which would add another one million metric tons per […]
Beijing Urges End To Aluminium Capacity’s Migration Westward
Beijing told aluminium smelters earlier this week that increased production in the country’s western regions shouldn’t be encouraged despite current industry trends. The central government made the same directive for coke production as well. The trend in recent months and years has been to transfer and add capacity in Yunnan province in order to take […]
China Returns To Net Aluminium Exporter In September
Typically a net exporter of primary aluminium by a wide margin, the People’s Republic of China reverted to the same in September per numbers just released by the central government. Numbers released by the General Administration of Customs on Friday indicated that the Middle Kingdom brought in 355,999 metric tons of primary aluminium last month, […]
China’s Primary Aluminium Production Jumps By 7.9 Percent In September
The People’s Republic of China saw a 7.9-percent rise on the year of primary aluminium last month, reaching a total of 3.16 million metric tons according to the National Bureau of Statistics’ numbers released yesterday. Experts chalk up the increase to new capacity coming online over the summer, which pushed the daily average to a […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
