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...
China aluminium production
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...
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...
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...
Events
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 […]
Weak Aluminium Prices Fail To Hinder Record Production By Chinese Smelters In December
Though aluminium prices remained weak, Chinese smelters increased production last month, helping to propel the year’s output into record territory as well as setting a record in its own right. Such was the story told by official numbers released by the government earlier today. Data released by China’s National Bureau of Statistics indicated that the […]
Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes
A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd (Chalco), and other Chinese major aluminium producers will hold a meeting today to hash out the implications of falling prices and weak demand for the country’s aluminium sector. Per the unnamed sources, the China Nonferrous […]
Chinese Aluminium: Higher Overhead And Lower Aluminium Prices Squeeze Out Capacity
The Chinese aluminium sector is in peril, and the country’s smelters must soon take drastic and determined action in order to prevent an even steeper dive into the abyss. Such was the verdict of two industry reports released earlier in November, one each by Aladdiny and Antaike. In the report issued by Aladdiny, analysts noted […]
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 tons overseas in November, good for a 3.9-percent rise over October’s total of […]
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price falling to US$ 1765/t on May 10 (cash LME, US$ 1800.5/t 3-month), the lowest since January 2017. While there is no one ...
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium ...
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to ...
Alumina Market Update: Surplus Of Alumina, Lower Prices Expected In 2019
2018 was a turbulent year for both the alumina market and the price, signified by the fact that spot price ...
