NBS: Domestic 2019 H1 Aa Output 37.19 mln t
02/08/19 | Alumina
Sina Finance News NBS: China produced 37.19 mln t of alumina during H1 2019, up 6.7% on-year, chiefly driven by capacity growth in Shandong, Guangxi and Guizhou, showing noted capacity growth in southern China and decline in northern China. According to the Shanghai Nonferrous Metals Exchange Center, domestic alumina…
Huaqing Al Resumes Full Operation
01/08/19 | Alumina
Asian Metal News Shanxi Xiaoyi Huaqing Aluminium, designed with 400 ktpy alumina capacity, resumed full capacity operation in early July after completion of environmental upgrades and maintenance starting mid-May. The company’s July output is expected to be 25 kt and at 33 kt for August. At present, the company intends…
Antaike: Shrinking Aa Supply Propping Prices
01/08/19 | Alumina
China Nonferrous Metals News Northern refineries in China faces worsening losses at present, in the wake of continued falling alumina prices. According to Antaike, full production costs of northern refineries stand between RMB 2,600~2,700/t, higher than the current transaction price of RMB 2,500/t or lower. One Henan refinery has reportedly…
QME: First Aa Non-standard Warehouse Transaction
31/07/19 | Alumina
Alu News Shenzhen Qianhai Mercantile Exchange (QME) recently completed its first batch of non-standard warehouse alumina transactions, marked by confirmation from the buyer. Differing from online transfer settlement of standard warehouse transactions, non-standard transactions are negotiated between buyer and seller according to their actual needs, with settlement closed offline at…
Huaxing Aluminium: Resumption of Aa Production Line
30/07/19 | Alumina
Asian Metal News 30th July: Chalco Huaxing Aluminium, with total alumina capacity of 2 mtpy, has resumed one alumina production line with 500 ktpy capacity. Huaxing Aluminium has three alumina production lines, one with 1 mtpy capacity, and two 500 ktpy lines that have been shut down for the past…
Huiyuan Aluminium To Suspend Aa Production
30/07/19 | Alumina
Asian Metal News 30th July: Huiyuan Aluminium, with alumina capacity of 800 ktpy, intends to suspend alumina production. A company spokesman says that the suspension will start mid-August and there is no plan to resume production within three months. The company’s alumina prices declined by RMB 400/t in July,…
Sliding Aa Prices and Firm Al Prices in the Domestic Market
Alu News Domestic alumina prices have fallen rapidly, by nearly 20%, since mid-June to date, causing significant losses for the majority of domestic alumina refineries. By contrast, domestic aluminium prices have been stable and improved profit margins have stimulated domestic smelters to increase their operational capacities. Destocking of primary aluminium…
Surplus Aa and Al Supply Deficit in China
Cnal News With domestic alumina supply rising by 4~5mtpy and domestic consumption holding stable in the year to date, the domestic alumina market is in slight surplus of 470 kt in 2019 as compared to a shortfall of 2.43 mln t in 2018. With stable supply and rising consumption, the…
Chalco Shanxi: HT/LT Conversion on Three Aa Production Lines
26/07/19 | Alumina
Asian Metal News 26th July: Chalco Shanxi, with alumina capacity of 2.4 mtpy, completed HT to LT conversion on three alumina production lines in mid-July. According to a company source, Chalco Shanxi, owns two alumina refineries, has two HT production lines with 600 ktpy capacity each in the old refinery…