China Nonferrous Metals Industry

Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting

Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting

Citing an “irrational surge” in aluminium prices, the China Nonferrous Metals Industry Association (CNIA) met earlier this week to discuss prices reaching highs not seen in over a dozen years. At the Shanghai Futures Exchange, primary aluminium reached US$$3,332 per metric ton,...

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Events

CNIA Denies Aluminium Dumping Allegations, Citing Better Tech And “Internal” Factors In Europe

CNIA Denies Aluminium Dumping Allegations, Citing Better Tech And “Internal” Factors In Europe

The People’s Republic of China’s aluminium trade group denied dumping allegations by their counterparts in the European Union, responding in a statement that it is being unfairly punished for “internal” factors occurring at the complaining companies. “China’s aluminum extrusion products have not caused damage to the EU’s relevant industries and there is no dumping in […]

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China Hongqiao Planning New Aluminium Smelter In Yunnan

China Hongqiao Planning New Aluminium Smelter In Yunnan

World-leading aluminium producer China Hongqiao Group Ltd. is reportedly in talks with officials from the Yunnan provincial government to build a new aluminium smelter in the region. “They are in the process of discussing this issue,” explained Yunnan’s vice governor Dong Hua to Reuters earlier this week. “Once they have discussed it, you will know.” […]

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Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes

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 […]

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China’s Aluminium Demand To Level Off At 50 MMT In 2023 – CNIA

China’s Aluminium Demand To Level Off At 50 MMT In 2023 – CNIA

Though consumption is expected to slow, Beijing expects the country’s aluminium demand to rise as high as 50 million metric tons in 2023. So said the China Nonferrous Metals Industry Association in a forecast released on Thursday. Per the CNIA, consumption will peak in 7 years due to the Chinese economy transitioning from a high-speed […]

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Iran to Add 336 Thousand MTPA of Aluminium Smelting Capacity Next Year

Iran to Add 336 Thousand MTPA of Aluminium Smelting Capacity Next Year

A spokesman for the Iranian government told industry media last week that the country intends to add 336 thousand metric tons per annum of aluminium-smelting capacity to its country’s total next year. In an interview with S&P Global Platts that was reported on yesterday, Iranian Mines and Mining Industries Development and Renovation Organization’s (IMIDRO) Director […]

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