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A beginner’s guide to China’s steel and aluminium winter cuts

China’s winter heating season has just begun, heralding a titanic supply chain experiment as whole industrial sectors reduce capacity or close completely to comply with the leadership’s war on pollution. The curtailments will take place across the four provinces adjacent ...

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China spot alumina slips another Yuan 50/mt to Yuan 3,450/mt

The Platts China ex-works Shanxi daily spot alumina assessment lost more ground Wednesday, slipping another Yuan 50/mt ($7.50/mt) on the day to Yuan 3,450/mt ($520/mt) cash. The current price also reflected a decline of Yuan 200/mt from last week, and ...

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China alumina prices rangebound despite Hongqiao smelter cuts

China’s spot alumina prices were rangebound Monday despite the world’s largest producer Shandong Hongqiao reportedly cutting 2.68 million mt/year of primary aluminum capacity, multiple market participants said. Talks of the cutbacks have been ongoing in recent weeks and doubts remained ...

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European aluminum group calls for global forum on excess capacity

European Aluminium is advocating for the creation of a global forum on excess capacity with transparent data and monitoring tools, the industry lobby group said Thursday. Ahead of next week’s G20 summit in Hamburg, the group said the G20 should ...

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Aluminium industry scrambles to align Trump’s trade guns

Aluminium industry executives will line up on Thursday to have their say on whether foreign imports into the United States pose a threat to the country’s security. The Section 232 investigation was announced by the Department of Congress on April ...

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Chinese Aluminum demand increases further during Q1

With the abundant demand from real estate, car and power sectors, the Aluminum demand in China during the first quarter of 2017 has increased by about 15 percent to 8.24 million tons against the corresponding period last year as per ...

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Aluminium holds near 28-month high on worries over supply

Aluminium held firm on Monday near the 28-month high set last week on expectations of a tighter market, but rising prices are likely to mean producers restart capacity and fill any gap between supply and demand. Benchmark aluminium on the ...

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Chinese Aluminum Scrap prices rise on Index on 13th February, 2017

The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on February 13th, Monday. 6063 Extrusions witnessed a rise of CNY 200 per MT over the previous day. Aluminum Radiators and Transformers prices were up by CNY ...

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U.S. complaint against China’s aluminum sector risks back-firing

The gloves have just come off in the simmering dispute between the United States and China about that country’s rising exports of aluminum. The United States last week launched a formal complaint at the World Trade Organization (WTO), taking aim ...

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Aluminum’s Chinese Illusion

Aluminum’s Chinese Illusion

Something very strange is happening in China’s metal markets. Buyers appear to be behaving the way U.S. shoppers do at this time of year: queuing up and pushing to get their hands on some product before anyone else can get ...

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