CRU

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...

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Events

Alumina Shortages Prompt Ever-Greater Shipments From Chinese Refineries

Alumina Shortages Prompt Ever-Greater Shipments From Chinese Refineries

Thanks to significant and ongoing turmoil in the global aluminium market, refiners of alumina in the People’s Republic of China have again been coaxed into selling their wares at large volumes on the international market. According to numbers from CRU, a favorable price arbitrage prompted Chinese refiners to sign contracts to ship over 140 thousand […]

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Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity

Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity

A partnership announced yesterday by Yunnan Aluminium between Aluminum Corp of China (Chinalco) and Yunnan Metallurgical Group will see the emergence of a new Chinalco with greater access to the significant hydropower resources of Yunnan province. Per an agreement signed in Kunming on Sunday, Yunnan Metallurgical Group, owner of Yunnan Aluminum Co Ltd., is to […]

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Chinese State Numbers Show Fifth Consecutive Month of Lower Aluminium Output

Chinese State Numbers Show Fifth Consecutive Month of Lower Aluminium Output

Numbers published last week by the state show a drop in production by aluminium smelters in the People’s Republic of China last month, marking the fifth straight month the country has produced less of the metal than the month prior. According to the National Bureau of Statistics, the Middle Kingdom produced 2.35 million metric tons […]

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Aluminium Wrap – CRU’s 22nd World Aluminium Conference

Aluminium Wrap – CRU’s 22nd World Aluminium Conference

CRU Group held its 22nd World Aluminium Conference in London between May 3-5. The event has long been among the premier events on the commodities calendar, and 2017 was no exception. This year’s focus was sustainability in the aluminium industry, investigating the delicate but important interplay between economic and environmental considerations, the effect of such […]

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China Committed to Aluminium Capacity Cuts: Chalco’s Lu

China Committed to Aluminium Capacity Cuts: Chalco’s Lu

Aluminum Corporation of China Limited (Chalco) told CRU’s 22nd World Aluminium Conference that the People’s Republic of China is determined to rein in aluminium production in over two dozen Chinese cities this winter. Chalco’s senior vice president Lu Dongliang told the conference that Beijing is staying the course in compelling aluminium producers in 28 of […]

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