China aluminium production

Why Aluminium Prices Could Still Go Up in H2 2018

Why Aluminium Prices Could Still Go Up in H2 2018

Base metals prices have been under pressure in recent weeks due to the looming trade war between the US and the rest of the world. Though imposing unilateral tariffs on Chinese aluminium, steel and many other goods was not a surprise per...

Events

UC Rusal Sanctions: Dangerous Games on Aluminium Markets

In early April, right as LME aluminium prices slipped below US$ 2000/tonne and heralded further falls, the U.S. Treasury Department announced fresh sanctions against Russia. The U.S. imposed sanctions against 24 Russian businessmen, striking at allies of President Vladimir Putin in a quite unexpected and aggressive move to punish Moscow for its alleged meddling in […]

China’s Exports of Aluminium Reach Fourth-Highest Total Ever in March

Despite fighting what may prove to be the opening skirmishes of a wider trade war, exports of aluminium from the People’s Republic of China reached nine-month highs last month, cashing in on higher prices for the metal. According to experts, the limited impact of the Trump administration’s blanket 10-percent tariffs upon all imported aluminium was […]

The Dunkerque Smelter: Is Rio Tinto Wrong Again?

Reports that Rio Tinto agreed to sell the Dunkerque plant, the largest aluminium smelter in Europe, located in northern France, confirms the London-based company’s willingness to offload parts of its aluminium business. The deal was agreed with Liberty House, an industrial arm of British billionaire industrialist Sanjeev Gupta. Rio Tinto said in a statement that […]

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 […]

Year in Review: The Journey of Aluminium Prices in 2017

The last twelve months have seen an incredible comeback in the aluminium market. Thanks to sweeping fundamental changes in the way aluminium is produced and consumed, the metal has rocketed from lows of $1,700 to five-year highs, before settling around the $2,000 mark. But what caused such a remarkable turnaround, and will the forces that […]