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  • Non-ferrous metal price increase factors

    November 24, the National Bureau of Statistics announced that in mid-November, the circulation of important production materials market price changes in mid-November compared with the first half of November, 24 kinds of product prices rose, 24 kinds of decline, 2 kinds of flat. Among them, non-fe...
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  • Production cuts continue in Europe and the U.S. Aluminum prices may rebound

    Production cuts continue in Europe and the U.S. Aluminum prices may rebound

    Beijing time on November 18, the domestic futures market Shanghai aluminum futures main contract rose slightly during the day, now at 19200.00 yuan / ton, up 1.72%, the highest intraday touch 19210.00 yuan / ton, the lowest dip to 18880.00 yuan / ton. In the foreign market, LME aluminum futures o...
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  • The first “Aluminum Roundtable Summit” was held in Sanya

    The first “Aluminum Roundtable Summit” was held in Sanya

    On November 16, 022, China Nonferrous Metals Industry Association organized the first “Aluminum Roundtable Summit” in Sanya. China Aluminum Group Corporation, Shandong Weiqiao Venture Group Corporation, State Power Investment Group Corporation, Xinfa Group Corporation, Dongfang Hope G...
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  • Mozal aluminum smelter shut down due to accident

    Mozal aluminum smelter shut down due to accident

    South32, which owns the Mozal aluminum smelter, has suspended production of the accidental electrolytic aluminum series, involving a capacity of around 250,000 tons, following an accident at the plant that killed two employees and seriously injured a contractor on Nov. 7. According to the company...
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  • Analysis of the impact of LME and US sanctions on Russian aluminum

    Analysis of the impact of LME and US sanctions on Russian aluminum

    Event Review As the situation between Russia and Ukraine continues to evolve, Bloomberg reported at the end of September, citing people familiar with the matter, the London Metal Exchange (LME) is launching a discussion paper to discuss whether and under what circumstances the new supply of Russi...
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  • European business associations unite to call on EU not to ban Rusal

    European business associations unite to call on EU not to ban Rusal

    Foreign media, October 24 news: Monday, five European companies of industry associations jointly sent a letter to the EU, urging the EU and European governments, not to implement import restrictions such as bans on Russian-made aluminum products, warning that that could lead to the closure of tho...
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  • If the U.S. bans imports of Russian aluminum, will it trigger market disruption?

    If the U.S. bans imports of Russian aluminum, will it trigger market disruption?

    Global aluminum prices have spiked following news that the Biden administration is considering an effective ban on aluminum imports from Russia for transportation and construction purposes. Below are potential scenarios and consequences of any U.S. restrictions. What is being considered? The Whit...
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  • French aluminum takes anti-dumping measures against Spain’s cheap electricity

    French aluminum takes anti-dumping measures against Spain’s cheap electricity

    In response to rising energy prices, aluminum plants in Europe began shutting down production, while Russia and China increased imports. Representatives of the French aluminum industry say the EU-backed price cap on Iberian gas has created unfair competition. These representatives are also seekin...
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  • The biggest Asian stock gainer was Indonesia Mining, up 1,650%

    The biggest Asian stock gainer was Indonesia Mining, up 1,650%

    Asia’s hottest stock has been underperforming in recent months, but analysts think PT Adaro Minerals Indonesia could still climb as one of its recent acquisitions is set to boost sales in the electric vehicle supply chain. The Indonesian coal company’s shares have risen 1,650 percent ...
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  • Norsk Hydro cuts aluminum production due to lower demand

    Norsk Hydro cuts aluminum production due to lower demand

    Foreign media, Sept. 27: Norwegian aluminum producer NorskHydro said Tuesday that it will cut production at two plants in Norway due to falling demand in Europe. Hydro said that the special situation of the European economy and energy market caused market uncertainty and led to a decline in deman...
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  • Global aluminum supply shortage of 916,000 tons in January-July

    Global aluminum supply shortage of 916,000 tons in January-July

    The latest report data released by the World Bureau of Metal Statistics (WBMS) on Wednesday showed that the global primary aluminum market had a supply shortage of 916,000 tons in January-July 2022, compared with a shortage of 1,558,000 tons for the whole of 2021. global primary aluminum demand i...
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  • Korea’s May 2022 aluminum scrap imports up 10.90% year-on-year

    Korea’s May 2022 aluminum scrap imports up 10.90% year-on-year

    BEIJING (ASIA METALS) 2022-09-22 Korea’s aluminum scrap imports in May 2022 amounted to 95,743.50 metric tons, compared to 86,334.75 metric tons in the same month last year and 94,407.50 metric tons in the previous month, an increase of 10.90% year-on-year and 1.42% sequentially. Korea̵...
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