China

China Ships Record 5.8 Million Metric Tons Of Aluminium In 2018

China Ships Record 5.8 Million Metric Tons Of Aluminium In 2018

Aluminium exports from the People’s Republic of China set a new record last year, besting 2017’s total by 20.9 percent thanks in part to demand for Chinese aluminium bolstered by oppressive sanctions levied on Russia’s U.C. Rusal by the United States government....

Events

No Evidence Of State-Mandated Cuts At China Hongqiao Facilities

While many of China’s aluminium smelters are in the midst of seasonal cuts mandated by local governments, data released late last week suggests that China Hongqiao Group has thus far failed to comply with the state-directed cuts ordered in November. According to reportage from aluminium market consultancy AZ China late last month, the Binzhou provincial […]

China To Restrict Imports Of Scrap Aluminium And Steel Beginning On July 1

Commencing on July 1, the People’s Republic of China will begin limiting imports of scrap aluminium and steel, ostensibly in an effort at increasing domestic recycling rates. In a statement released by China’s Ministry of Ecology and Environment, scrap aluminium and steel will be reclassified, effective in July, from the unrestricted import list of solid […]

SPIC Ningxia To Cut 50 Thousand TPA Of Aluminium Smelting Capacity In January

Following a recent retreat in production to match falling domestic prices for the metal, yet another aluminium smelter in the People’s Republic of China is planning to draw down production in the coming weeks. A source revealed to Shanghai Metals Market earlier this week that SPIC Ningxia will slice 50 thousand metric tons per annum […]

China’s Alumina Exports Fall By 37.9 Percent In November

Exports of alumina receded significantly in the year’s penultimate month, dropping by 37.9 percent to 285,696 metric tons in November. According to numbers released by China’s General Administration of Customs on Sunday, exports of aluminium’s precursor took a nosedive last month, down from record highs in October. The year’s tenth month witnessed 460,072 metric tons […]