Al Output of 8.84 mln t for Q1 2020
06/05/20 | Aluminium
Shanghai Nonferrous Materials News Total output of the ten major nonferrous metals including copper, aluminium, lead, zinc and nickel climbed by 2.1% y-o-y to 14.17 mln t in Q1 2020. Of this figure, copper output was 2.29 mln t, aluminium 8.84 mln t, lead 1.19 mln t and zinc output…
Domestic Al Industry: Bx, Aa and Al
Shanghai Nonferrous Metals News Domestic bauxite prices have been in decline since end-April in northern China, seeing bauxite prices (A/S 5.0 grade) at RMB350~380/t in Shanxi, and RMB330~370/t in Henan (delivered without taxes). Domestic bauxite prices are expected to be volatile during May – depending on demand from domestic refineries.…
Sichuan Qimingxing Resumes Full Operation
30/04/20 | Aluminium
Asian Metal News Sichuan Qimingxing Aluminium, designed with 125 ktpy primary aluminium capacity comprising 168 sets of 300 kA electrolytic cells, has restarted previously idled capacity this week, ramping up to full capacity operation in two weeks. The company undertook maintenance on ten 300kA cells in late March, (8 kt…
MOT: Reinstate Road Toll Fees Nationwide
29/04/20 | Aluminium
Shanghai Nonferrous Metals News MOT (the Ministry of Transport) published a notice reinstating toll road charges (including tolls on bridges and tunnels) for vehicles, applicable from 6th May, 2020. The toll-free policy will continue to apply to military vehicles (armed police forces), public security vehicles, fire-fighting and rescue vehicles, ambulances,…
CNIA: Resumptions of Nonferrous Metals Producers
29/04/20 | Aluminium
Cnal News As of April 26, 241 nonferrous metal producers including copper and aluminium producers surveyed by CNIA reported an operational rate of 92.9%. The capacity utilization rate of copper and aluminum processers who have resumed operations was found to be 90.6%. Source
Chalco Publishes Q1 2020 Report
29/04/20 | Aluminium
China Nonferrous Metals News 28th April 2020: Chalco published its Q1 2020 report, revealing operating revenue of RMB39.7 bln, profits of RMB218 mln and net profits attributable to the parent company of RMB30.72 mln, all showing a decline y-o-y. However, the net operating profit attributable to the parent company reached…
Gansu: Nonferrous Metals Commercial Reserve Plan
SMM News Gansu’s provincial government is formulating a “Nonferrous Metals Reserve Action Plan in Gansu”. The plan will reserve a total of 436 kt of nonferrous metals for seven months including 80 kt of copper, 300 kt of aluminium, 40 kt of zinc, 15 kt of nickel and 1 kt…
Yunnan: Nonferrous Metals Commercial Reserve Plan for Key Producers
27/04/20 | Aluminium
Cnal News Yunnan provincial government recently issued policies to support key producers in managing commercial reserves of non-ferrous metal products. Reserves are to be developed in accordance with the principle of “initiation and activity by producers with full business liabilities, backed by bank loans and financial subsidies from the government,…
SMM: Domestic Primary Al Inventory Drops
24/04/20 | Aluminium
Shanghai Nonferrous Metals News 23rd April 2020: Total domestic aluminium inventory at China’s major store houses dropped by 136 kt from last Thursday to 1.359 mln t, including 167 kt in Shanghai, 577 kt in Wuxi, 135 kt in Hangzhou, 118 kt in Gongyi, 286 kt in Nanhai, 54 kt…
