Hongqiao Ordered To Cut 550 Thousand Metric Tons Of Capacity Through Mid-March
The most prolific aluminium producer on Earth will be compelled to cut over half a million metric tons per annum...
AZ China
Beijing Says Aluminium Production Rebounded By 3.9 Percent In November Despite Falling Prices
Despite falling prices in the year’s penultimate month, shipments of primary aluminium in November bested totals from both last month and the previous year. Per numbers released by the National Bureau of Statistics on Friday, the Middle Kingdom shipped 2.82 million metric...
Shanghai Futures Exchange To Release Draft Proposal For Alumina Futures Contract Within Months
Owing to a demand from traders for a benchmark for alumina pricing, The Shanghai Futures Exchange (ShFE) is planning to...
Strong Prices And Weak Yuan Propel China’s June Aluminium Exports Higher
Tariffs enacted this spring by the Trump administration and the resulting marketplace turmoil did little to diminish the output of...
Events
Xinjiang East Hope Cited By Beijing For Illegal Aluminium Smelting Capacity
Spot prices for aluminium in the People’s Republic of China rallied today after news broke that 200 metric tons per annum in illegal smelting capacity under construction by Xinjiang East Hope that was ordered shut down last year by the local government in Xinjiang was recently found by government inspectors to still be under construction. […]
Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity
A partnership announced yesterday by Yunnan Aluminium between Aluminum Corp of China (Chinalco) and Yunnan Metallurgical Group will see the emergence of a new Chinalco with greater access to the significant hydropower resources of Yunnan province. Per an agreement signed in Kunming on Sunday, Yunnan Metallurgical Group, owner of Yunnan Aluminum Co Ltd., is to […]
China’s Henan Province Ousts Neighboring Shandong Province As Aluminium Leader
Data released yesterday by the People’s Republic of China’s National Bureau of Statistics (NBS) shows that, for the first time in years, Henan province’s output of primary aluminium surpassed that of neighboring Shandong province, becoming the country’s premier aluminium-producing region. According to NBS data, smelters in Henan province combined to produce 12.12 million metric tons […]
China’s Aluminium Production in December Up by 15.3 Percent From Previous Month
The People’s Republic of China’s aluminium production came roaring back in December to levels not seen since early summer according to numbers released by the government on Thursday. China’s National Bureau of Statistics (NBS) revealed that the Middle Kingdom produced 2.71 million metric tons in the final month of 2017, good for a 15.3-percent rise […]
Chalco Increases Aluminium Output to Fill Void Left by Competitors’ Capacity Cuts
In an earnings call yesterday, Aluminium Corp of China Limited (Chalco) told investors that the firm increased production by 250 thousand metric tons in the first half of the year in a bid to capture market share lost due to capacity cuts by competitors in the private sector. Chalco’s president Ao Hong made the remarks […]
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 ...
