China’s July Aluminium Smelting Total Of 2.9 Million Metric Tons Equals Second-Highest On Record
Aluminium smelters in the People’s Republic of China combined to produce 2.98 million metric tons of primary aluminium, representing the...
China aluminium production
Differing Statements By Hongqiao Regarding Damage, Closures After Typhoon Lekima Cause Concern
The world’s premier aluminium producer left the market in a state of confusion earlier this month after the firm released seemingly contradictory statements regarding the state of its facilities in the wake of Typhoon Lekima. Within hours of the passage of the...
Smelter Restarts Push China’s May Aluminium Production Up By 2.1 Percent
Aluminium smelter restarts and a recovery in prices helped drive up China’s output last month, pushing production up by 2.4...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious...
Events
China’s Daily Aluminium Production Lowest Since October
The per-day aluminium production of smelters in the People’s Republic of China fell by 3.6 percent in March, dropping to a nadir not seen since last fall. Such was the picture painted by numbers released by Reuters yesterday, which were derived from figures announced by the National Bureau of Statistics earlier in the day. Per […]
Aluminium Market Update: Improved Conditions For Smelters, But Challenges Remain
Base metals traded at LME have enjoyed their best quarterly performance in Q1 since 2009. The LMEX index rose by 9.1% for the period, while prices of all metals gained, with the exception of lead whose price remained unchanged. The best performer was nickel, soaring by over 21%. As so often, the main contributor to […]
Chalco Passes Rusal As World’s Second-Biggest Aluminium Producer
In a move that places it ahead of now-former second-place firm U.C. Rusal, the People’s Republic of China’s Aluminum Corp of China Ltd (Chalco) said on Friday that it bumped up total production by 18 percent over the course of last year, making it the second-most-prolific aluminium producer on Earth. Reporting from Reuters described a […]
Aluminium Market Update: Why Are Aluminium Prices Lagging Behind Other Base Metals?
Base metals prices have recovered significantly since January’s lows after news that the US and China are inching closer to signing a trade deal. According to reports, both sides will lower or remove tariffs upon signing a trade agreement, but it is still unclear whether US Section 232 tariffs on steel and aluminium imports from […]
Surviving the Aluminium Bear Market
“Aluminium drops as bears attack, others wait for news on China”, was the headline of a recent Reuters news report on base metals. The piece noted: “Aluminium prices slipped as bearish speculators kept up selling pressure, while other base metals were lacklustre ahead of the conclusion of U.S.-China trade talks”. The overall gloomy economic climate […]
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and traders hope that easing trade tensions between U.S. and China might boost demand for metals in the remaining part of the year. ...
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
