Increased Margins for Al Smelters on Sliding Aa Prices
Shanghai Nonferrous Metals News SMM: As of 15th July, weighted averaged alumina prices in five major producing regions surveyed by SMM had fallen to RMB 2,582/t, continuing the downward trend begun in mid-June. According to SMM, actual transaction prices were even lower in the northern market, with the lowest point…
Domestic Mg Prices Stable in April
16/05/19 | Magnesium
China Nonferrous Metals News Domestic magnesium prices climbed by 12.68% on-year to average RMB 17,031/t in April, with magnesium prices averaging RMB 17,091/t during the first four months of 2019 up 13.24% on-year. Domestic magnesium transactions were flat in April, but tightening coal supply in Shaanxi and IM have buoyed…
Domestic Al Inventory Declines by 63 kt
16/05/19 | Aluminium
Shanghai Nonferrous Metals News 16 May: Total domestic aluminium inventory at China’s major store houses dropped by 63 kt from last Thursday to 1.346 mln t, including 270 kt in Shanghai, 483 kt in Wuxi, 286 kt in Nanhai, 114 kt in Hangzhou, 95 kt in Gongyi, 58 kt in…
NBS: Domestic Al Output at 2.92 mln t
15/05/19 | Aluminium
Cnal News 15th May, NBS: Domestic aluminium output rose by 3.9% on-year to 2.92 mln t in April 2019, with total primary aluminum output reaching 11.48 mln t during the first four months of 2019, up 4.1% on-year. Total output of the major ten kinds of nonferrous metals including copper,…
Domestic Aa Prices on the Rise
15/05/19 | Alumina
Cnal News Domestic alumina prices have recently been rising, as a consequence of environmental checks in Shanxi forcing suspensions at some local refineries. As of 13th May, domestic alumina quotations averaged RMB 2,803/t. Increasing alumina prices have leveraged up the production cost of primary aluminium – shoring up prices. Primary…
SPIC Shanxi: LP Conversion of Aa Production Lines
15/05/19 | Alumina
Alu News Domestic alumina refineries using imported bauxite are grappling with problems of processing high viscosity bauxite from Guinea and the Solomon Islands. During 2019, SPIC Shanxi alumina refinery has been actively pushing forward with conversion to a low-temperature digestion process (LP) on two of its alumina production lines. Once…
SMM: Domestic Aa Output to Drop to 5.97 mln t in May
14/05/19 | Alumina
Alu News SMM has toned down its forecast for domestic alumina output to 5.97 mln t in May 2019, following news that some local Shanxi refineries were forced to halt operations due to environmental reasons. According to SMM, domestic alumina supply is expected to remain in excess for May, which…
Rectification at Shanxi Xinfa Underway
14/05/19 | Alumina
Alu News 9th May: All necessary yard areas have been covered with green dust-proof nets to reduce dust in the Shanxi Xinfa red-mud stock yard. Other strategies including increasing the frequency of sprinkling, setting up an atomizing spray pipe, are being adopted to reduce the amount of dust in the…
Electricity Prices Cut in Major Al Producing Regions
13/05/19 | Aluminium
Cnal News The 2019 the negotiations about on-grid electricity prices have been progressing smoothly. At present, several major primary aluminium producing regions have confirmed reductions to on-grid electricity prices: Qinghai: a reduction of RMB 0.3/kWh Gansu: a reduction of RMB 0.3/kWh – pending formal government announcement Shanxi: a reduction of…
