SMM: Domestic Primary Al Inventory Continues to Drop
14/04/20 | Aluminium
Shanghai Nonferrous Metals News 13th April 2020: Total domestic aluminium inventory at China’s major store houses dropped by 59 kt from last Thursday to 1.548 mln t, including 171 kt in Shanghai, 639 kt in Wuxi, 145 kt in Hangzhou, 148 kt in Gongyi, 366 kt in Nanhai, 54 kt…
Guangyuan Linfeng to Start Al Phase II in June
14/04/20 | Aluminium
Asian Metal News Guangyuan Linfeng Aluminium and Electricity Co. Ltd., is set to start its Phase II 125 ktpy primary aluminium project in June. The project includes 250 ktpy primary aluminium production capacity to be built in two phases. Phase I (125 ktpy) was powered up in late February 2020…
Zunyi Al Overhauls 10 ktpy Al Capacity
13/04/20 | Aluminium
Asian Metal News Zunyi Aluminium Co. Ltd, an integrated aluminium smelter under Chalco Group with 410 ktpy aluminium capacity began maintenance of some of its electrolytic cells in early April. Zunyi Aluminium suspended 20 x 200 kA cells for maintenance, comprising 10 ktpy capacity. According to an internal source, the…
Weiqiao Advances into Automobile Lightweight Industry
13/04/20 | Aluminium
Cnal News Construction of Weiqiao Group’s automobile lightweight production base in Shandong was resumed on February 10 2020. At present, 90% of the foundation construction is complete, with other construction work underway according to schedule. Weiqiao Group began exploring the automobile lightweight industry in 2019 with four projects ongoing at…
Domestic Al Smelters: Average Profits Improve
13/04/20 | Aluminium
China Nonferrous Metals News Domestic aluminium smelters’ average productions costs fell by RMB 276/t w-o-w to RMB11,296/t this week. As a result, average profits of domestic smelters rose to RMB343/t, a rise of RMB448/t w-o-w. Raw material prices for aluminium smelting fell last week, represented by alumina prices at RMB2,210/t,…
SMM: Domestic Primary Al Inventory Drops
10/04/20 | Aluminium
Shanghai Nonferrous Metals News 9th April 2020: Total domestic aluminium inventory at China’s major store houses dropped by 69 kt from last Thursday to 1.607 mln t, including 172 kt in Shanghai, 657 kt in Wuxi, 143 kt in Hangzhou, 165 kt in Gongyi, 389 kt in Nanhai, 55 kt…
ROW Countries to Lead Growth of Global Aa Capacity
Cnal News Speaking at an open internet conference, Mr. Yao Xizhi, Chief Analyst of Chalco International Trade revealed that China’s demand for alumina has declined significantly over recent years in light of the implementation of SSSR (supply side structure reform) policies. Restricted by a fixed amount of overall primary aluminium…
Domestic Al Production Cuts to Increase Further
09/04/20 | Aluminium
China Nonferrous Metals News Domestic primary aluminium smelters are taking measures to mitigate losses by either suspending operations or advancing maintenance plans in light of low prices (approximately RMB11,000/t). Several smelters have decided to run maintenance ahead of schedule, particularly those with old cells, as maintenance costs are lower than…
Ningchuang New Materials: 19 ktpy Al Capacity on Maintenance
08/04/20 | Aluminium
Asian Metal News Ningxia Ningchuang New Materials Co. Ltd., designed with 300 ktpy primary aluminium capacity comprising 280 x 400 kA cells, began maintenance on 18 electrolytic cells in late March, involving capacity of 19 ktpy. The company is currently operating 170 sets of 400 kA cells with total…
