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...
CRU
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 was a partnership between Alba and CRU and took place over four days. The program was divided up into two-day segments, and...
CRU World Aluminium Conference – Free Webinar
CRU World Aluminium Conference is pleased to announce the launch of a brand new webinar series – Aluminium Matters.Find out what’s important...
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...
Events
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 […]
Shanghai Aluminium Futures Break CNY14,000/Tonne Barrier For First Time Since Halloween
Spurred on by a drop in inventories and an expected surge in demand, aluminium futures rose at the Shanghai Futures Exchange to their highest level since the end of October on Monday. With data showing that aluminium inventories in Shanghai’s warehouses fell to a nadir of 665,067 metric tons, which was the lowest point since […]
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 […]
New LME Alumina Contract To Utilize CRU Alumina Price Index
London commodities consultant CRU Group said yesterday that the London Metal Exchange will soon be using the firm’s CRU Alumina Price Index (CRU-API) in the settlement of the LME’s new cash-settled Alumina futures contract. The new futures contract is set to commence trading on March 11 and will use the CRU-API to settle physical contracts […]
China Ships Record 5.8 Million Metric Tons Of Aluminium In 2018
Aluminium exports from the People’s Republic of China set a new record last year, besting 2017’s total by 20.9 percent thanks in part to demand for Chinese aluminium bolstered by oppressive sanctions levied on Russia’s U.C. Rusal by the United States government. According to data released yesterday by China’s General Administration of Customs, Chinese smelters […]
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 ...
