China Aluminium Production Up By 3.2 Percent In June
Production of primary aluminium in the People’s Republic of China was off by 0.9 percent on the month in June,...
Antaike
China’s Aluminium Smelters Continue High Production While Domestic Prices Fall
Data from the People’s Republic of China shows that the country’s output of aluminium is poised to continue at a high level despite the continuing decline in prices of the commodity. According to state-run metals research organization Antaike, the Middle Kingdom’s aluminium...
Beijing Expects Guinea Will Take Up Slack From Potential Indonesia Bauxite Export Ban
Although Indonesia is currently mulling a ban on the export of bauxite ore, the Chinese government expects to mitigate any...
China Hongqiao Aluminium Capacity Move To Yunnan Postponed Due To Power Cuts
The world’s biggest non-state-owned aluminium producer China Hongqiao Group said last week the planned relocation of aluminium capacity to Yunnan...
Events
Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting
Citing an “irrational surge” in aluminium prices, the China Nonferrous Metals Industry Association (CNIA) met earlier this week to discuss prices reaching highs not seen in over a dozen years. At the Shanghai Futures Exchange, primary aluminium reached US$$3,332 per metric ton, besting August 2008’s previous high. Prices sparked in large part due to fears […]
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 of a stimulus package in the United States, and rumors of a vaccine for COVID-19 on the way. On Thursday, January aluminium contracts fell by 3.9 percent from a multi-year high of CNY16,925 per metric […]
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 […]
Even More Aluminium Smelting Capacity To Spring Up In Yunnan In 2021: Antaike
Estimates show the People’s Republic of China adding another 3 million metric tons to its aluminium smelting capacity in 2021, housing half of it in Yunnan Province, the quickly-growing hotspot for new capacity. China Nonferrous Metals Industry’s statistical subsidiary Antaike said earlier this week that the province of Yunnan would see another 1.88 million metric […]
Despite December Restarts, 2019’s Aluminium Production Drop Is China’s First In A Decade
Experts say weak demand and trans-Pacific trade tensions are the culprits for the People’s Republic of China’s first net production drop in aluminium in a decade over the course of 2019. According to numbers published by the National Bureau of Statistics (NBS) yesterday, China’s aluminium smelters combined to produce 35.04 million metric tons of aluminium […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
