Alba Partners With CRU On Virtual Market Update Conference
Last week Aluminium Bahrain B.S.C. (Alba) hosted the first-of-its-kind virtual market update session for customers around the globe. The initiative...
CRU Group
China’s Primary Aluminium Production Jumps By 7.9 Percent In September
The People’s Republic of China saw a 7.9-percent rise on the year of primary aluminium last month, reaching a total of 3.16 million metric tons according to the National Bureau of Statistics’ numbers released yesterday. Experts chalk up the increase to new...
Aluminium Price Arbitrage Makes China Net Importer Of Aluminium For First Time In Over A Decade
The aluminium tides turned for the People’s Republic of China in July, as the nation became a net importer of...
Over 240 senior aluminium executives to gather in London in April at the CRU World Aluminium Conference
The CRU World Aluminium Conference will take place in London from 20-21 April 2020. Now in its 25th year, the...
Events
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.” […]
Unplanned Outages Drop China’s Aluminium Production By 0.5 Percent In August
Unplanned aluminum production outages at two of the country’s main smelters helped drop the People’s Republic of China’s total production by 0.5 percent on the month in August according to numbers released yesterday by the National Bureau of Statistics (NBS). Per Beijing’s numbers, China’s aluminium smelters combined to produce 2.97 million metric tons of primary […]
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 second-highest total tonnage reported by Beijing since the state began keeping records. July’s total surpassed that of June by 0.2 percent. Though the month’s total is a near-record high, the National Bureau of Statistics said […]
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 […]
CRU Alumina Price Index Passes Benchmark Assurance Review
London commodities consultant CRU Group announced last week that the CRU Alumina Price Index (CRU-API) successfully completed an external assurance review in preparation for today’s launch of LME’s new cash-settled alumina futures contract. The review, which was undertaken by PricewaterhouseCoopers LLP (PwC), was part of a report prepared by the Group to demonstrate the index’s […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
