Beijing Antaike Information Co. Ltd

Shanghai Aluminium Recedes From Nine-Year High Thanks To Hopes For US Stimulus, COVID-19 Vaccine

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...

Events

Sources Say China’s Ban On Imported Scrap Aluminium Likely To Gut Alloy Exports

A restriction upon imported aluminium scrap that is scheduled to go into effect next month is expected to raise production costs for secondary aluminium smelters in the People’s Republic of China, which experts say may close the price gap between Chinese aluminium alloy exports and their less competitive rivals abroad. As of July 1, Beijing […]

Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts

Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months. An official from the meeting’s host, the China Nonferrous Metals Industry Association (CNIA), […]

China Estimates Domestic Aluminium Demand to Increase by 6 Percent in 2018

According to numbers released by the state, the People’s Republic of China will see a 6-percent rise in refined aluminium demand in 2018, rising from this year’s estimated demand of 34.8 million metric tons to 36.9 million metric tons. Beijing Antaike Information Co., Ltd (Antaike) indicated in its report that demand from aluminum alloy wall, […]

China’s Aluminium Demand Rises 9.6% in First Half of 2017

Numbers just released from Beijing Antaike Information Co., Ltd (Antaike) show demand for refined aluminium in the People’s Republic of China jump by almost ten percent over the course of the first half of this year. According to the state-owned metals information service, the 9.6% year-on-year rise in demand is due to improvements in the […]