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[
{
"title": "Vedanta Aluminium receives BIS certification for high-quality 12 mm aluminium wire rods",
"summary": "Vedanta Aluminium has received a certification from the Bureau of Indian Standards (BIS) for its 12 mm aluminium wire rods manufactured at the BALCO facility in Korba, India. In addition, the company has acquired six renewed certifications for other products.",
"date": "Aug 2, 2024 14:41"
},
{
"title": "Bauxite-rich Guinea redrafts political landscape with new constitution",
"summary": "Guinea's military leadership has introduced a draft constitution to reduce presidential terms and limit the number of terms a president can serve the West African nation with the world's largest bauxite reserves on record.",
"date": "Aug 2, 2024 14:37"
},
{
"title": "Aluminum billets : This week's performance was relatively stable, and the off-season market atmosphere did not see significant improvement",
"summary": "Although aluminum billet inventory slightly decreased mid-week, the inventory was affected by low domestic inflow.",
"date": "Aug 2, 2024 14:32"
},
{
"title": "Aluminum ingot inventory built-up showed signs of accelerating, surpassing 800,000 mt this week",
"summary": "As of August 1, 2024, SMM reported a total social inventory of aluminum ingots at 814,000 mt, (the amount for sale stood at 688,000 mt), an increase of 24,000 mt WoW and 289,000 mt higher YoY.",
"date": "Aug 2, 2024 14:31"
},
{
"title": "In July, domestic alumina costs increased by 1.77% MoM, with strong support from mining costs",
"summary": "According to the SMM alumina daily cost model, as of July 31, the weighted average total cost of the domestic alumina industry was 2,867.2 yuan/mt, up 49.7 yuan/mt from the end of June, up 1.77% MoM, and up 7.34% YoY.",
"date": "Aug 2, 2024 14:29"
},
{
"title": "Aluminum prices to move rangebound due to positive macro front but weak fundamentals",
"summary": "This week, the macro front improved.",
"date": "Aug 2, 2024 14:27"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On August 2",
"summary": "Overnight, LME copper opened at $9,112/mt.",
"date": "Aug 2, 2024 07:10"
},
{
"title": "SMM Aluminum Market Morning Comment (Aug 2)",
"summary": "The most-traded SHFE 2409 aluminum contract opened at 19,230 yuan/mt overnight, reaching a high of 19,330 yuan/mt and a low of 19,225 yuan/mt, and closed at 19,225 yuan/mt, up 50 yuan/mt, an increase of 0.26%.",
"date": "Aug 2, 2024 07:00"
},
{
"title": "The decline in aluminum prices makes it difficult to drive downstream demand. In July, the domestic aluminum processing sector PMI remained below 50% [SMM Downstream In-depth Analysis]",
"summary": "According to SMM data, the comprehensive PMI index of the domestic aluminum processing industry recorded 41.80% in July 2024, up 0.2 percentage points MoM, remaining below 50% for three consecutive months.",
"date": "Aug 1, 2024 13:15"
},
{
"title": "Canyon Resources secures mining convention for Minim-Martap Bauxite Project in Cameroon",
"summary": "Canyon Resources Limited has formally signed a mining convention for the Minim-Martap Bauxite Project in Cameroon.",
"date": "Aug 1, 2024 07:12"
},
{
"title": "Aluminum prices surged significantly; wait-and-see sentiment among downstream buyers led to weaker transactions. [Daily Review of Aluminum Billet Spot Market]",
"summary": "Today, SMM A00 spot aluminium prices increased by 200 yuan/mt compared to the previous working day, reaching 19,170 yuan/mt.",
"date": "Aug 1, 2024 07:12"
},
{
"title": "Bauxite-rich Guinea redrafts political landscape with new constitution",
"summary": "Guinea's military leadership has introduced a draft constitution to reduce presidential terms and limit the number of terms a president can serve the West African nation with the world's largest bauxite reserves on record.",
"date": "Aug 1, 2024 07:06"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On August 1",
"summary": "LME copper opened at $9,126/mt overnight, hitting a session low of $9,120/mt at the beginning of trading.",
"date": "Aug 1, 2024 07:00"
},
{
"title": "SMM Aluminum Market Morning Comment (Aug 1)",
"summary": "The most-traded SHFE 2409 aluminum contract opened at 19,295 yuan/mt overnight, reaching a high of 19,355 yuan/mt and a low of 19,205 yuan/mt, and closed at 19,310 yuan/mt, up 175 yuan/mt, or 0.91%.",
"date": "Aug 1, 2024 06:54"
},
{
"title": "Bears hedged and exited, and spot aluminium prices rebounded slightly today",
"summary": "In the early trading session today, SHFE aluminum shorts exited the market, causing the market prices center to shift upwards.",
"date": "Jul 31, 2024 11:28"
},
{
"title": "iYacht together with Speira launches Hu'chu 55, featuring 90% recycled aluminium",
"summary": "German yacht design and engineering studio iYacht has unveiled the Hu'chu 55, a substantial 55-foot solar-electric sailing catamaran made of 90 per cent recycled scrap aluminium.",
"date": "Jul 31, 2024 07:18"
},
{
"title": "China's NEV production growth signals higher aluminium consumption",
"summary": "According to data from the China Association of Automobile Manufacturers, Chinese new energy vehicle (NEV) production surged by 31.9 per cent year-on-year in May.",
"date": "Jul 31, 2024 07:14"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 31",
"summary": "LME copper opened at $8,954/mt overnight.",
"date": "Jul 31, 2024 07:06"
},
{
"title": "SMM Aluminum Market Morning Comment (July 31)",
"summary": "The most-traded SHFE aluminum 2409 contract opened at 18,840 yuan/mt overnight, reaching a high of 19,040 yuan/mt and a low of 18,790 yuan/mt, and closed at 19,010 yuan/mt, up 60 yuan/mt, or 0.32%.",
"date": "Jul 31, 2024 06:57"
},
{
"title": "DGTR suggests anti-dumping duty of up to INR577/t on Chinese aluminium frames",
"summary": "Directorate General of Trade Remedies (DGTR) under the Ministry of Commerce and Industry has reportedly put forward the proposal of imposing an anti-dumping duty of up to INR 577 per tonne on aluminium frames originating from China.",
"date": "Jul 30, 2024 13:28"
},
{
"title": "Porsche trims down its sales and profit outlook as aluminium alloy supply shortage affects production",
"summary": "Amid an unprecedented supply shortage of aluminium alloy, Porsche AG has reduced its sales and profit outlook, which has led to the German company\u2019s shares falling 4 per cent to the bottom of Frankfurt\u2019s blue-chip index.",
"date": "Jul 30, 2024 12:53"
},
{
"title": "EGA welcomes over 25 high school & university students to industry-focussed summer training programme",
"summary": "Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, welcomed for the summer training over 25 UAE National high school and university students considering careers in industry.",
"date": "Jul 30, 2024 10:46"
},
{
"title": "Future of Saudi Arabia\u2019s mining: Bauxite and phosphate remain key priorities",
"summary": "Saudi Arabia\u2019s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a global leader in the industry.",
"date": "Jul 30, 2024 09:26"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 30",
"summary": "LME copper opened at $9,076/mt overnight, initially reaching a high of $9,077/mt before hitting a low of $8,984/mt.",
"date": "Jul 30, 2024 07:30"
},
{
"title": "SMM Aluminum Market Morning Comment (July 30)",
"summary": "Overnight, the most-traded SHFE aluminum 2409 contract opened at 19,145 yuan/mt, reaching a high of 19,205 yuan/mt and a low of 19,090 yuan/mt, and closed at 19,140 yuan/mt, down 55 yuan/mt, a decrease of 0.29%.",
"date": "Jul 30, 2024 07:01"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 29",
"summary": "Last Friday night, LME copper opened at $9,132.5/mt, initially peaking at $9,147/mt, then trending downward to a session low of $9,076/mt.",
"date": "Jul 29, 2024 07:29"
},
{
"title": "SMM Aluminum Market Morning Comment (July 29)",
"summary": "Last Friday, the most-traded SHFE 2409 aluminum contract opened at 19,290 yuan/mt, reaching a high of 19,395 yuan/mt and a low of 19,280 yuan/mt, and closed at 19,370 yuan/mt, up 120 yuan/mt, or 0.62%.",
"date": "Jul 29, 2024 07:14"
},
{
"title": "Destocking of aluminum billets continued, with processing fees steadily rising, but downstream demand still lacks growth",
"summary": "Regarding aluminum billet inventory, despite the off-season, the decline in aluminum prices last week did not significantly improve pick-up from warehouses.",
"date": "Jul 26, 2024 16:56"
},
{
"title": "Aluminum: The sharp drop in aluminum prices has not significantly driven destocking, with Wuxi's inventory far exceeding that of Foshan",
"summary": "On July 25, 2024, SMM reported that the total social inventory of aluminum ingots was 790,000 mt, (the amount for sale stood at 664,000 mt), down 7,000 mt WoW and 2,000 mt from July 22, but it is still 254,000 mt higher YoY.",
"date": "Jul 26, 2024 16:55"
},
{
"title": "China's primary aluminum imports in June decreased by 23.22% MoM. In July, domestic primary aluminum imports are expected to be mainly from long-term contracts",
"summary": "In June 2024, the domestic import volume of primary aluminum decreased by 23.22% MoM to 121,200 mt, up 35.61% YoY; the domestic export volume of primary aluminum in June was approximately 7,000 mt, down 78.68% YoY; the net import volume of primary aluminum in June 2024 was 114,200 mt, up 102.5% YoY, down 24.41% MoM.",
"date": "Jul 26, 2024 16:54"
},
{
"title": "Aluminum prices to continue to fall due to weak market sentiment and poor demand",
"summary": "This week, the macro front released some bullish information but met market expectations.",
"date": "Jul 26, 2024 16:53"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 26",
"summary": "Overnight, LME copper opened at $9,000/mt, dipping to $8,996.5/mt at the beginning of the session, then fluctuating upwards to a high of $9,169.5/mt, and closed at $9,091/mt, up 0.45%.",
"date": "Jul 26, 2024 07:35"
},
{
"title": "Join us at IBAAS-IIM 2024: A premier bauxite, alumina & aluminium conference & exhibition at Goa",
"summary": "We are delighted to announce the upcoming IBAAS-IIM 2024 International Bauxite, Alumina & Aluminium Conference & Exhibition, set to take place during September 25-27, 2024 in the beautiful Goa, India.",
"date": "Jul 26, 2024 07:16"
},
{
"title": "Vedanta Aluminium hosts strategic session on red mud utilisation in partnership with NITI Aayog",
"summary": "Vedanta Aluminium, India\u2019s largest aluminium producer, in partnership with NITI Aayog and leading national institutions, recently hosted a high-level stakeholder meeting to identify sustainable applications for red mud, a key byproduct in the bauxite refining process for making aluminium.",
"date": "Jul 26, 2024 07:12"
},
{
"title": "SMM Aluminum Market Morning Comment (July 26)",
"summary": "Overnight, the most-traded SHFE aluminum 2409 contract opened at 19,130 yuan/mt, reaching a high of 19,240 yuan/mt and a low of 19,090 yuan/mt, and closed at 19,180 yuan/mt, up 5 yuan/mt, an increase of 0.02%.",
"date": "Jul 26, 2024 07:02"
},
{
"title": "The aluminum price in central China Foshan fell below 19,000 yuan/mt, and the spot market transactions were relatively moderate",
"summary": "In the early trading session today, the most-traded SHFE aluminum contract fluctuated downward before slightly rebounding.",
"date": "Jul 25, 2024 13:28"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 25",
"summary": "LME copper opened at $9,174.5/mt overnight, initially reaching a high of $9,174.5/mt, then touching a low of $9,050/mt at the end of the trading session, and finally closed at $9,050.5/mt, down 1.16%.",
"date": "Jul 25, 2024 07:35"
},
{
"title": "Global Aluminium Associations approves new OECD report on state enterprises & subsidies",
"summary": "The aluminium associations of the United States, Europe, Canada, and Japan have approved a new report by the Organisation for Economic Cooperation and Development (OECD) titled \"Quantifying the Role of State Enterprises in Industrial Subsidies.\"",
"date": "Jul 25, 2024 07:05"
},
{
"title": "Intalco Aluminum commits $5.25 million to enhance environmental safety & compliance at Ferndale",
"summary": "Intalco Aluminum LLC, a wholly owned subsidiary of Alcoa Corporation, the operator of the closed aluminium smelter in Ferndale, has agreed to a $5.25 million settlement with the U.S. Environmental Protection Agency (EPA).",
"date": "Jul 25, 2024 07:02"
},
{
"title": "SMM Aluminum Market Morning Comment (July 25)",
"summary": "Market: The most-traded SHFE 2409 aluminum contract opened at 19,350 yuan/mt overnight, reaching a high of 19,360 yuan/mt and a low of 19,255 yuan/mt, and closed at 19,270 yuan/mt, down 50 yuan/mt, a decrease of 0.26%.",
"date": "Jul 25, 2024 06:56"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 24",
"summary": "LME copper opened at $9,176/mt overnight, initially reaching a session high of $9,190/mt, hitting a session low of $9,110.5/mt, and finally closed at $9,157/mt, down 0.86%.",
"date": "Jul 24, 2024 07:36"
},
{
"title": "Domestic aluminum wire exports have declined for two consecutive months MoM. Will overseas demand for aluminum wire show a trend of moving downwards after a higher opening this year? [SMM Analysis]",
"summary": "According to customs data, in June 2024, aluminum wire and cable exports were 12,800 mt, marking a decline for two consecutive months, down 23% MoM and 31% YoY.",
"date": "Jul 24, 2024 07:28"
},
{
"title": "Yamaha Motor to introduce hydrogen-powered aluminium melting technology at new facility",
"summary": "Yamaha Motor is set to establish a groundbreaking verification testing facility at its Morimachi Factory in Japan, featuring advanced melting and heat treatment furnaces powered by hydrogen gas.",
"date": "Jul 24, 2024 07:08"
},
{
"title": "BLT-AlAM500: The cutting-edge aluminium alloy designed for aerospace 3D printing",
"summary": "Bright Laser Technologies (BLT) recently unveiled two advanced additive manufacturing materials, including a high-strength aluminium alloy designed specifically for aerospace 3D printing applications.",
"date": "Jul 24, 2024 07:05"
},
{
"title": "SMM Aluminum Market Morning Comment (July 24)",
"summary": "The most-traded SHFE aluminum 2409 contract opened at 19,340 yuan/mt overnight, reaching a high of 19,410 yuan/mt and a low of 19,310 yuan/mt, and closed at 19,350 yuan/mt, up 60 yuan/mt, a decrease of 0.31%.",
"date": "Jul 24, 2024 06:58"
},
{
"title": "Aluminium plate/sheet, strip and foil production and sales declined due to weak demand [SMM Analysis]",
"summary": "According to an SMM survey, as the traditional off-season deepens, the order volume for aluminium plate/sheet, strip and foil producers continues to decline, and the industry's operating rate is gradually decreasing.",
"date": "Jul 23, 2024 08:56"
},
{
"title": "Aluminum prices are declining. Whether this can effectively lead to destocking? [SMM Analysis]",
"summary": "On July 22, 2024, SMM reported that the total social inventory of aluminum ingots was 792,000 mt, (the amount for sale stood at 666,000 mt), down 5,000 mt from last Thursday but still 247,000 mt higher YoY.",
"date": "Jul 23, 2024 08:45"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 23",
"summary": "Overnight, LME copper opened and peaked at $9,269/mt, hitting a low of $9,172/mt during the session, and closed at $9,230/mt, down 0.58%.",
"date": "Jul 23, 2024 07:27"
},
{
"title": "Tiwai Point Aluminium Smelter to cut power usage by 185 megawatts to combat electricity supply constraint",
"summary": "The Tiwai Point Aluminium Smelter, owned by Rio Tinto and the Sumitomo Group, has decided to reduce its power consumption by 185 megawatts, which is about 4 per cent of the country's energy usage.",
"date": "Jul 23, 2024 07:16"
},
{
"title": "RX China hosts record-breaking - Aluminium China 2024, focusing on green smart-aluminium and international cooperation",
"summary": "The 19th Aluminium China, Asia's leading aluminium industry trade show and B2B platform for sourcing, branding, networking, and technical exchange, successfully concluded its 2024 expo on July 5 at the Shanghai New International Expo Centre (SNIEC).",
"date": "Jul 23, 2024 07:14"
},
{
"title": "SMM Aluminum Market Morning Comment (July 23)",
"summary": "Overnight, the most-traded SHFE aluminum 2409 contract opened at 19,360 yuan/mt, reaching a high of 19,400 yuan/mt and a low of 19,300 yuan/mt, and closed at 19,360 yuan/mt, down 90 yuan/mt, a decrease of 0.46%.",
"date": "Jul 23, 2024 07:04"
},
{
"title": "In June 2024, the domestic export volume of primary aluminium was approximately 7,000 mt, up 2.7% MoM, down 78.8% YoY",
"summary": "According to customs data, the export volume of domestic primary aluminium in June 2024 was approximately 7,000 mt, up 2.7% MoM, but down 78.8% YoY.",
"date": "Jul 22, 2024 15:05"
},
{
"title": "Monthly Imports of Bauxite in China in June 2024 (Including Country Rankings)",
"summary": "According to the General Administration of Customs of China, in June 2024, China imported 13.3348 million mt of bauxite, down 1.58% MoM and up 15.42% YoY.",
"date": "Jul 22, 2024 14:59"
},
{
"title": "From January to June, the cumulative export of aluminium extrusion was up 11.61% YoY, mainly due to the price spread between domestic and overseas markets and restocking sentiment [SMM Analysis]",
"summary": "According to customs data, in June 2024, the export volume of domestic aluminium extrusion (HS codes 76041010, 76041090, 76042100, 76042910, 76042990) was 97,500 mt, up 6.47% MoM and up 9.14% YoY.",
"date": "Jul 22, 2024 14:46"
},
{
"title": "China's alumina exports surged in June MoM, and imports are expected to remain low in July [SMM Analysis]",
"summary": "According to Chinese customs, in June 2024, China exported 157,100 mt of alumina, with a cumulative export of 810,700 mt from January to June 2024.",
"date": "Jul 22, 2024 14:32"
},
{
"title": "Aluminium rod processing fees increased by 100-150 yuan/mt, and downstream sentiment showed a significant improvement [SMM Analysis]",
"summary": "On July 19, 2024, the average ex-factory processing fee for 1A60 ordinary aluminium rods in Shandong was 450 yuan/mt, up 50 yuan/mt from a week ago.",
"date": "Jul 22, 2024 14:01"
},
{
"title": "Emission-free solar and electric-powered boats to replace diesel vessels in Chilika Lagoon",
"summary": "Chilika Lagoon, Asia\u2019s largest brackish water lake, is set to introduce emission-free solar and electric-powered boats, replacing traditional diesel-powered vessels.",
"date": "Jul 22, 2024 13:45"
},
{
"title": "Planning Institute of Jamaica reports major growth in bauxite production",
"summary": "The Planning Institute of Jamaica's 2023 Economic and Social Survey reveals that the local bauxite sector almost doubled its output last year, significantly contributing to an 86.8 per cent growth in the mining and quarrying industry compared to 2022.",
"date": "Jul 22, 2024 13:43"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 22",
"summary": "Last Friday night, LME copper opened at $9,350.5/mt. After a brief initial fluctuation, it rose to a high of $9,374/mt, then fluctuated downward, touching a low of $9,283/mt at the end of the trading session, and finally closed at $9,290/mt, down 0.86%.",
"date": "Jul 22, 2024 07:13"
},
{
"title": "SMM Aluminum Market Morning Comment (July 22)",
"summary": "Last Friday night, the most-traded SHFE aluminum 2409 contract opened at 19,555 yuan/mt, with a high of 19,600 yuan/mt, a low of 19,515 yuan/mt, and closed at 19,515 yuan/mt, down 100 yuan/mt, a decrease of 0.51%.",
"date": "Jul 22, 2024 07:04"
},
{
"title": "The inventory of aluminum billets has changed, processing fees in three locations are almost the same",
"summary": "Due to the further decline in prices, last week's aluminum billet pick-up from warehouses rebounded slightly, increasing by 4,200 mt WoW to 42,400 mt.",
"date": "Jul 19, 2024 15:30"
},
{
"title": "Aluminum: Social inventory of aluminum ingots increased to a new high in H2, further suppressing spot and futures prices",
"summary": "On July 18, 2024, the SMM survey reported a total social inventory of aluminum ingots at 797,000 mt, (the amount for sale stood at 671,000 mt), up 8,000 mt from July 11 and up 10,000 mt from July 15.",
"date": "Jul 19, 2024 15:29"
},
{
"title": "As domestic aluminum prices fell from highs in June, the supply of domestic aluminum billets showed differences between the north and south",
"summary": "As domestic aluminum prices fell from highs in June, the domestic aluminum billet industry has some relief.",
"date": "Jul 19, 2024 15:28"
},
{
"title": "Aluminum prices to fall due to cautious macro environment and poor demand",
"summary": "This week, macro front was significantly impacted by the US Fed's interest rate cut expectations.",
"date": "Jul 19, 2024 15:26"
},
{
"title": "Critical minerals deal: U.S. approaches Indonesia for environmental collaboration",
"summary": "The United States has initiated discussions with Indonesia about joining a multinational partnership to improve Southeast Asia's environmental standards.",
"date": "Jul 19, 2024 15:25"
},
{
"title": "Indonesian government in talks to ease the severity of bauxite export ban",
"summary": "According to Fastmarkets report, the Indonesian government is planning to ease the bauxite export ban due to slower-than-expected progress in developing domestic alumina refineries.",
"date": "Jul 19, 2024 14:36"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 19",
"summary": "Overnight, LME copper opened at $9,540/mt, initially hitting a high of $9,541/mt before declining throughout the session. After a brief rebound, it continued to fluctuate downward, hitting a session low of $9,370.5/mt at the end of the trading session and finally closed at $9,371/mt, down 2.55%. Trading volume reached 38,000 lots, and open interest reached 310,000 lots. ",
"date": "Jul 19, 2024 07:15"
},
{
"title": "SMM Aluminum Market Morning Comment (Jul 19)",
"summary": "The most-traded SHFE 2409 aluminum contract opened at 19,630 yuan/mt overnight, reaching a high of 19,680 yuan/mt and a low of 19,555 yuan/mt, and closed at 19,575 yuan/mt, down 130 yuan/mt, a decrease of 0.66%.",
"date": "Jul 19, 2024 06:59"
},
{
"title": "The conversion margin for aluminium rods in June showed a rebound from the previous weakness, but the downward trend in aluminium rod production continued.",
"summary": "According to the survey statistics of the SMM analysis team on sample data from aluminium rod producers nationwide, as of July 2024, China's aluminium rod industry had an existing capacity of 7.488 million mt, with the overall operating capacity showing a stable trend.",
"date": "Jul 18, 2024 15:04"
},
{
"title": "Aluminium prices dropped sharply again, while conversion margins of aluminum billets in east China increased.",
"summary": "Today, the SMM A00 spot aluminium price dropped by 190 yuan/mt compared to the previous working day, reporting at 19,570 yuan/mt.",
"date": "Jul 18, 2024 13:44"
},
{
"title": "Metro Mining to highlight successes and plans at the Noosa investment meet",
"summary": "During this week's Noosa Mining Investment Conference in Queensland, the Australian mining and exploration company Metro Mining will showcase the ongoing acceleration of operations at its Bauxite Hills Mine, situated north of Weipa.",
"date": "Jul 18, 2024 13:08"
},
{
"title": "Ghana's bauxite and lithium prospects: Government tables mining leases in parliament",
"summary": "The Government of Ghana, through the Ministry of Lands and Natural Resources, has presented mining lease agreements for bauxite and lithium to Parliament for consideration.",
"date": "Jul 18, 2024 13:01"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 18",
"summary": "Overnight, LME copper opened at $9,710.5/mt, initially hitting a high of $9,737.5/mt before declining throughout the session to a low of $9,609.5/mt at the end of trading. It then consolidated and finally closed at $9,616/mt, down 0.50%. Trading volume reached 20,000 lots, and open interest was 311,000 lots.",
"date": "Jul 18, 2024 07:19"
},
{
"title": "SMM Aluminum Market Morning Comment (July 18)",
"summary": "The most-traded SHFE aluminum 2409 contract opened at 19,785 yuan/mt overnight, reaching a high of 19,810 yuan/mt and a low of 19,700 yuan/mt, and closed at 19,720 yuan/mt, down 70 yuan/mt, a decrease of 0.35%.",
"date": "Jul 18, 2024 07:09"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 17",
"summary": "Overnight, LME copper opened at $9,748/mt, initially hitting a session high of $9,749.5/mt amid fluctuations.",
"date": "Jul 17, 2024 07:08"
},
{
"title": "SMM Aluminum Market Morning Comment (July 17)",
"summary": "Overnight, the most-traded SHFE aluminum 2409 contract opened at 19,800 yuan/mt, reaching a high of 19,870 yuan/mt and a low of 19,730 yuan/mt, and closed at 19,810 yuan/mt, down 85 yuan/mt, a decrease of 0.43%.",
"date": "Jul 17, 2024 06:57"
},
{
"title": "Domestic aluminum ingot destocking encountered obstacles again in June, leaving limited room for inventory decline in July",
"summary": "In June, domestic aluminum ingot inventory encountered obstacles again, narrowly fluctuating around 750,000-800,000 mt over the past month.",
"date": "Jul 16, 2024 07:30"
},
{
"title": "Domestic spot alumina prices stabilized, with a tight balance supporting high spot prices",
"summary": "From June 11 to July 10, the average price of the SMM alumina index was 3,904 yuan/mt, an increase of 76 yuan/mt MoM; the monthly average price of FOB Western Australia alumina was $505/mt, an increase of $59/mt MoM.",
"date": "Jul 16, 2024 07:29"
},
{
"title": "In May, China\u2019s bauxite imports from Guinea showed negative growth both YoY and MoM due to frequent disruptions in bauxite shipments from Guinea",
"summary": "According to the General Administration of Customs of China, in May 2024, China imported 13.549 million mt of bauxite, down 4.84% MoM, up 4.63% YoY.",
"date": "Jul 16, 2024 07:28"
},
{
"title": "Price Forecast: Aluminum prices to move rangebound in July amid weak downstream demand and cautious macro sentiment",
"summary": "Macro: From June 12 to July 10, the macro front was relatively neutral. The Fed's interest rate cut expectations were still wavering, having little impact on market sentiment.",
"date": "Jul 16, 2024 07:26"
},
{
"title": "Market Review: Aluminum prices fell from highs in June due to sluggish market sentiment and weak demand",
"summary": "During this period (June 12-July 10), the most-traded SHFE aluminium contract went down, with the lowest point at 19,950 yuan/mt and the highest point at 21,030 yuan/mt.",
"date": "Jul 16, 2024 07:25"
},
{
"title": "Due to declining operating rate of aluminum extrusion industry, the continuous destocking of aluminum billets came to an end",
"summary": "The nearly month-long continuous destocking has ended, and domestic aluminum billet inventory returned to a three-year high for the same period.",
"date": "Jul 16, 2024 07:14"
},
{
"title": "Aluminum: Inventory has approached 800,000 mt, and the spot market in Guangdong and Shanghai has changed",
"summary": "At the beginning of July, domestic aluminum ingot inventory was disappointing, currently at a three-year high for the same period.",
"date": "Jul 16, 2024 07:12"
},
{
"title": "The secondary aluminum import policy is expected to be adjusted again. A brief analysis of its impact on the market",
"summary": "On July 8, the Ministry of Ecology and Environment issued a letter seeking public comments on the \"Announcement on Regulating the Import Management of Secondary Copper and Copper Alloy Raw Materials, Secondary Aluminum Alloy and Aluminum Alloy Raw Materials (Revised Draft for Comments).\"",
"date": "Jul 16, 2024 07:11"
},
{
"title": "Aluminum prices likely to move rangebound due to poor demand",
"summary": "Last week, macroeconomic front remained relatively stable. The US non-farm payrolls growth data was lower than expected, and inflationary pressures eased, strengthening market expectations for a US Fed rate cut.",
"date": "Jul 16, 2024 07:07"
},
{
"title": "SMM Aluminum Market Morning Comment (July 16)",
"summary": "Overnight, the most-traded SHFE aluminum 2409 contract opened at 19,970 yuan/mt, reaching a high of 20,050 yuan/mt and a low of 19,955 yuan/mt, and closed at 19,955 yuan/mt, down 90 yuan/mt, a decrease of 0.45%.",
"date": "Jul 16, 2024 07:04"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 15",
"summary": "Last Friday, LME copper opened at $9,802.5/mt, hit a session low of $9,786/mt at the beginning, then climbed all the way up, reaching a session high of $9,881.5/mt at the end of the trading session, and finally closed at $9,877/mt, up by 1.02%. Trading volume reached 20,000 lots, and open interest reached 327,000 lots. ",
"date": "Jul 15, 2024 07:28"
},
{
"title": "SMM Aluminum Market Morning Comment (July 15)",
"summary": "On last Friday night, the most-traded SHFE aluminum 2408 contract opened at 20,055 yuan/mt, reaching a high of 20,095 yuan/mt and a low of 19,925 yuan/mt, and closed at 20,085 yuan/mt, up 15 yuan/mt, an increase of 0.07%.",
"date": "Jul 15, 2024 07:04"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 12",
"summary": "Overnight, LME copper opened at $9,866.5/mt, initially rose to $9,896.5/mt, then fluctuated downward, hitting a low of $9,764/mt at the end of the trading session, and finally closed at $9,777.5/mt, down 0.82%. Trading volume reached 19,000 lots, and open interest reached 333,000 lots. ",
"date": "Jul 12, 2024 07:21"
},
{
"title": "SMM Aluminum Market Morning Comment (July 12)",
"summary": "Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,250 yuan/mt, with a high of 20,300 yuan/mt, a low of 20,130 yuan/mt, and closed at 20,160 yuan/mt, down 45 yuan/mt from the previous trading day, a decrease of 0.22%.",
"date": "Jul 12, 2024 07:11"
},
{
"title": "SMM analysis on June overseas metallurgical-grade alumina output and July forecast",
"summary": "In June (30 days), the production of overseas metallurgical-grade alumina was approximately 4.68 million mt, up 0.7% YoY.",
"date": "Jul 11, 2024 15:13"
},
{
"title": "SMM analysis on June overseas aluminium output and July forecast",
"summary": "According to SMM, the total overseas aluminium output in June (30 days) was 2.452 million mt, up 1% YoY.",
"date": "Jul 11, 2024 15:13"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 11",
"summary": "Overnight, LME copper opened at $9,822.5/mt, dipped lower than $9,822.5/mt, then fluctuated upwards to a high of $9,933/mt, before falling back at the end of the trading session to close at $9,858/mt, down 0.17%.",
"date": "Jul 11, 2024 07:21"
},
{
"title": "SMM Aluminum Market Morning Comment (July 11)",
"summary": "Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,140 yuan/mt, reached a high of 20,265 yuan/mt, a low of 20,140 yuan/mt, and closed at 20,170 yuan/mt, up 70 yuan/mt from the previous trading day, an increase of 0.35%.",
"date": "Jul 11, 2024 07:00"
},
{
"title": "SMM analysis on China June alumina output and July forecast",
"summary": "According to SMM, China's metallurgical-grade alumina output in June (30 days) was 6.842 million mt, with an average daily output of 228,100 mt/day, a slight increase of 2,600 mt compared to May.",
"date": "Jul 10, 2024 15:12"
},
{
"title": "SMM analysis on China June aluminium output and July forecast",
"summary": "According to SMM, China's aluminium output in June (30 days) was 3.553 million mt, up 5.56% YoY.",
"date": "Jul 10, 2024 15:11"
},
{
"title": "Exclusive: SMM China June Metals Production and July Forecast",
"summary": "Aluminum plays a pivotal role in numerous industries, making its price fluctuations a subject of significant interest. Understanding the dynamics of the aluminum market is essential for businesses and investors alike. This article explores the key factors influencing aluminum prices, historical trends, and the impact of economic policies.",
"date": "Jul 10, 2024 13:39"
},
{
"title": "How Aluminum Price Fluctuations Impact Various Industries",
"summary": "vernight, LME copper opened at $9,927/mt, initially reaching a high of $9,952/mt before declining, hitting a low of $9,819/mt near the end of the trading session, and finally closed at $9,875/mt, down 0.22%.",
"date": "Jul 10, 2024 08:26"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 10",
"summary": "SHANGHAI, July 10 (SMM) \u2013Overnight, the most-traded SHFE aluminum 2408 contract opened at 20,415 yuan/mt, reaching a high of 20,440 yuan/mt and a low of 20,270 yuan/mt, and closed at 20,300 yuan/mt, down 160 yuan/mt from the previous trading day, a decrease of 0.78%.",
"date": "Jul 10, 2024 07:22"
},
{
"title": "SMM aluminum market morning comment Jul 10: US Inflation Pressure Eases, Downstream Consumption Remains Sluggish",
"summary": "Overnight, LME copper opened at $9,965/mt, initially reaching a high of $10,000/mt, then reaching a low of $9,909/mt, and finally closed at $9,917/mt.",
"date": "Jul 10, 2024 07:11"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 9",
"summary": "Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,370 yuan/mt, reaching a high of 20,460 yuan/mt and a low of 20,350 yuan/mt, and closed at 20,365 yuan/mt, up 20 yuan/mt from the previous trading day, an increase of 0.10%.",
"date": "Jul 9, 2024 07:28"
},
{
"title": "SMM Aluminum Market Morning Comment (Jul 9)",
"summary": "Last Friday night, the most-traded SHFE aluminum 2408 contract opened at 20,400 yuan/mt, reached a high of 20,480 yuan/mt, a low of 20,365 yuan/mt, and closed at 20,415 yuan/mt, up 115 yuan/mt from the previous trading day, with a gain of 0.57%. ",
"date": "Jul 9, 2024 07:22"
},
{
"title": "Key Takeaway From 2024 SMM LME Asia Week: Global Metals And New Energy Market Outlook And Supply Trends ",
"summary": "Last Friday night, LME copper opened at $9,940.5/mt, rose initially to a high of $10,000/mt, then fluctuated downward to a low of $9,929.5/mt, rebounded at the end of the trading session, and finally closed at $9,970/mt, with a gain of 0.85%. Trading volume reached 24,000 lots, and open interest reached 328,000 lots. ",
"date": "Jul 8, 2024 19:33"
},
{
"title": "SMM Morning Comment For Aluminum Market July 8",
"summary": "On the first day of July, due to the slightly better-than-expected destocking speed over the past half month, aluminum billet inventory were no longer at a four-year high for the same period.",
"date": "Jul 8, 2024 07:18"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 8",
"summary": "In July, domestic aluminum ingots inventory still failed to drop. As of July 4, 2024, SMM statistics showed the total social inventory of aluminum ingots at 773,000 mt, (the amount for sale stood at 647,000 mt), up 10,000 mt WoW and 4,000 mt from July 1.",
"date": "Jul 8, 2024 07:17"
},
{
"title": "Aluminum extrusion industry operating rate continued to weaken, while aluminium billet conversion margins in south China rose",
"summary": "In H1 2024, alumina prices showed an upward trend. The prices were relatively stable in Q1, while in Q2, they surged significantly and then stabilized.",
"date": "Jul 5, 2024 15:22"
},
{
"title": "Domestic aluminum ingots inventory still failed to drop in July, and the Guangdong-Shanghai price spread first narrowed and then widened",
"summary": "This week, macroeconomic front was stable overall. Although the US ADP employment data led to increased market expectations for a US Fed rate cut, the Fed's stance on rate cuts remains unclear and has not impacted market sentiment.",
"date": "Jul 5, 2024 15:21"
},
{
"title": "Analysis and outlook of domestic alumina price trends in H1 2024",
"summary": "Indonesia unveiled Southeast Asia's first electric vehicle battery manufacturing facility on July 3, 2024, as a landmark for the region's automotive industry.",
"date": "Jul 5, 2024 15:17"
},
{
"title": "Aluminum market prices to move rangebound amid weak fundamentals and unstable macro sentiment",
"summary": "Overnight, LME copper opened at $9,874.5/mt, initially rose to a session high of $9,918/mt, then declined to a session low of $9,851/mt, and slightly rebounded by the end of the trading session, closing at $9,886/mt, with a gain of 0.35%. Trading volume reached 14,000 lots, and open interest reached 326,000 lots.",
"date": "Jul 5, 2024 15:15"
},
{
"title": "Southeast Asia's first electric vehicle battery plant inaugurated in Indonesia",
"summary": "Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,405 yuan/mt, reaching a high of 20,520 yuan/mt and a low of 20,340 yuan/mt, and closed at 20,395 yuan/mt, down 25 yuan/mt or 0.12% from the previous close.",
"date": "Jul 5, 2024 14:30"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 5",
"summary": "Since initiating their partnership last year, Emirates Global Aluminium (EGA) and RECAPP, Veolia's digital recycling solution, have completed over 14,000 collections from schools and homes.",
"date": "Jul 5, 2024 07:29"
},
{
"title": "SMM Aluminum Market Morning Comment (July 5)",
"summary": "According to data from June 28, the weekly port arrivals of bauxite at domestic ports totaled 4.1828 million mt, an increase of 808,400 mt from the previous week.",
"date": "Jul 5, 2024 07:15"
},
{
"title": "EGA & RECAPP lead aluminium recycling drive surpasses 14000 collections from schools and homes",
"summary": "The world's leading provider of sustainable aluminium solutions and a global leader in aluminium rolling and recycling, Novelis Inc., has announced significant executive leadership appointments to foster global growth and promote aluminium as the preferred material for circular solutions.",
"date": "Jul 4, 2024 15:26"
},
{
"title": "SMM: The outlook for a full-scale resumption of domestic bauxite production remains unclear; ore prices may pick up slightly",
"summary": "Since partnering in late 2023, KPMG in Qatar employees have collected nearly 9,000 plastic bottles and aluminium cans, saving over 1,300 kg of CO2 emissions.",
"date": "Jul 4, 2024 09:04"
},
{
"title": "Novelis Inc. names Roberta Soares and Cary Chenanda as Regional Presidents for South and North America",
"summary": "Overnight, LME copper opened at $9,817/mt, with the initial session low at $9,729.5/mt. It then climbed steadily, reaching a session high of $9,912.5/mt by the end of the trading session, before slightly fluctuating and finally closing at $9,852/mt, with a gain of 1.98%. Trading volume reached 24,000 lots, and open interest reached 326,000 lots.",
"date": "Jul 4, 2024 07:44"
},
{
"title": "Sparklo and KPMG in Qatar celebrate sustainability milestone",
"summary": "Overnight, the most-traded SHFE aluminum contract 2408 opened at 20,530 yuan/mt, reached a high of 20,550 yuan/mt, a low of 20,475 yuan/mt, and closed at 20,475 yuan/mt, down 15 yuan/mt, a decrease of 0.07%.",
"date": "Jul 4, 2024 07:38"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 4",
"summary": "This morning, the most-traded SHFE aluminum contract fluctuated upwards after the opening, and rebounded after dipping in the second trading session.",
"date": "Jul 4, 2024 07:31"
},
{
"title": "SMM Aluminum Market Morning Comment (July 4)",
"summary": "According to the SMM survey, the operating rate of China's primary aluminum alloy industry in June was 51.88%, up 1.68 percentage points MoM and 8.72 percentage points YoY.",
"date": "Jul 4, 2024 07:08"
},
{
"title": "Will Indonesia ease its ban on bauxite exports? Seems unlikely.",
"summary": "Recorp Aluminium, New Zealand's most progressive can-manufacturing company founded and funded by the country's brightest beverage container specialists, is on the brink of launching its $100 million-plus facility into operation in South Auckland.",
"date": "Jul 3, 2024 21:30"
},
{
"title": "The spot market transactions in east and central China were moderate, with a slight narrowing of the discount [SMM Aluminum Spot Market Midday Review]",
"summary": "In the very recent Science and Technology Award of China Environmental Protection Federation 2023, Chinalco Shandong received prestigious recognition by winning the first prize for its scientific and technological progress in the comprehensive red mud utilisation project \"Green Technology and Engineering Demonstration of Efficient Production of New Powder Materials by Bayer Process Red Mud\".",
"date": "Jul 3, 2024 11:36"
},
{
"title": "The operating rate of primary aluminum alloy was still supported in the off-season [SMM Analysis]",
"summary": "Overnight, LME copper opened at $9,708.5/mt, peaking at $9,749.5/mt, then declining to a session low of $9,654/mt, and finally closed at $9,660.5/mt, up 0.25%.",
"date": "Jul 3, 2024 09:22"
},
{
"title": "New Zealand is set to house a new state-of-the-art, multimillion-dollar can manufacturing plant",
"summary": "Overnight, the most-traded SHFE aluminum contract 2408 opened at 20,440 yuan/mt, reached a high of 20,460 yuan/mt, a low of 20,370 yuan/mt, and closed at 20,375 yuan/mt, down 20 yuan/mt from the previous day, a decrease of 0.1%",
"date": "Jul 3, 2024 08:05"
},
{
"title": "Chinalco Shandong\u2019s red mud utilisation project attains special recognition for scientific and technological progress",
"summary": "In July, domestic aluminum ingots still failed to destock.",
"date": "Jul 3, 2024 08:01"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 3",
"summary": "Last week, the operating rate of leading domestic aluminum wire producers increased by 0.6% to 67.2%.",
"date": "Jul 3, 2024 07:34"
},
{
"title": "SMM Aluminum Market Morning Comment (July 3)",
"summary": "The machine and system manufacturer from Buschh\u00fctten is expanding its logistics centre to increase flexibility and efficiency in supplying customers worldwide.",
"date": "Jul 3, 2024 07:08"
},
{
"title": "Domestic aluminum ingots still failed to destock in July, while aluminum billet inventory finally shook off the unfavorable position of the same period. [SMM Analysis]",
"summary": "Yango, the international ride-hailing service, has partnered with Sparklo, a global cleantech company revolutionising the recycling industry.",
"date": "Jul 2, 2024 11:14"
},
{
"title": "The aluminium rod market revived, and processing fees have shown signs of recovery [SMM Analysis]",
"summary": "Overnight, LME copper opened at $9,656/mt, with the initial session seeing a rise in the trading range, peaking at $9,690.5/mt. The price then dipped, hitting a session low of $9,618/mt at the end of trading, and finally closed at $9,636/mt, up 0.52%.",
"date": "Jul 2, 2024 09:03"
},
{
"title": "Achenbach opens new logistics centre in Kreuztal-Kredenbach",
"summary": "The most-traded SHFE 2408 aluminum contract opened at 20,355 yuan/mt overnight, reaching a high of 20,400 yuan/mt and a low of 20,300 yuan/mt, and closed at 20,315 yuan/mt, down 5 yuan/mt, a decrease of 0.02%.",
"date": "Jul 2, 2024 07:29"
},
{
"title": "Sparklo and Yango partner to offer ride discounts, supporting UAE's ESG goals through recycling",
"summary": "The Material Recycling Association of India (MRAI), the leading national recycling association representing the interest of the recycling industry, is committed to achieving circularity in recycling to foster sustainability and a green economy.",
"date": "Jul 2, 2024 07:19"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On July 2",
"summary": "The Recycling Today Media Group has announced that registration is officially open for Scrap Expo 2024, the metals recycling and auto dismantling industry's only live demonstration event.",
"date": "Jul 2, 2024 07:18"
},
{
"title": "SMM Aluminum Market Morning Comment (July 2)",
"summary": "In the past half month, the destocking of domestic aluminium billets slightly exceeded expectations.",
"date": "Jul 2, 2024 07:04"
},
{
"title": "MRAI's IBS2024 aims to promote circularity and the use of recycled materials to reduce carbon footprints",
"summary": "The macroeconomic aspect was relatively stable last week, with no significant fluctuations.",
"date": "Jul 1, 2024 13:10"
},
{
"title": "Registration is open for Scrap Expo 2024",
"summary": "Market: The most-traded alumina contract 2408 opened at 3,835 yuan/mt in the night session, reaching a high of 3,844 yuan/mt and a low of 3,798 yuan/mt, and closed at 3,819 yuan/mt, up 24 yuan/mt, an increase of 0.63%.",
"date": "Jul 1, 2024 13:07"
},
{
"title": "The destocking of aluminum billets exceeded expectations",
"summary": "Destocking faced obstacles again this week.",
"date": "Jul 1, 2024 13:04"
},
{
"title": "Aluminum prices likely to fall amid poor fundamentals",
"summary": "The Jamaica Environment Trust (JET) received a disturbing video early on June 24, 2024, showing the greenish-coloured, polluted waters of the Rio Cobre at Zephyrton, St. Catherine.",
"date": "Jul 1, 2024 12:58"
},
{
"title": "SMM Aluminum Market Morning Comment (July 1)",
"summary": "Overnight, LME copper opened at $9,560/mt, initially fluctuating upwards to a high of $9,610/mt, then declining throughout the session, hitting a low of $9,496/mt near the end of trading, and finally closing at $9,514/mt.",
"date": "Jul 1, 2024 06:59"
},
{
"title": "Aluminum ingot destocking encountered obstacles, with sufficient supply and spot discount continuing to widen",
"summary": "A major incident has closed both northbound and southbound lanes of I-165 at the Fairview Drive overpass.",
"date": "Jun 28, 2024 13:51"
},
{
"title": "Pollution incident reported in Rio Cobre waters, St. Catherine",
"summary": "Overnight, the most-traded SHFE aluminum contract 2408 opened at 20,235 yuan/mt, reached a high of 20,285 yuan/mt, a low of 20,175 yuan/mt, and closed at 20,195 yuan/mt, down 65 yuan/mt, a decrease of 0.32%.",
"date": "Jun 28, 2024 12:56"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 28",
"summary": "Southeast Asia is an important hub for the transshipment and processing of secondary aluminum raw materials globally.",
"date": "Jun 28, 2024 07:22"
},
{
"title": "Molten aluminium spill closes I-165 northbound at Fairview Drive overpass in Daviess County",
"summary": "The development of Indonesia\u2019s aluminium downstream industry holds substantial promise despite the slow progress seen in recent years.",
"date": "Jun 28, 2024 07:17"
},
{
"title": "SMM Aluminum Market Morning Comment (Jun 28)",
"summary": "Following the launch of EcoSource NMA in 2022, Alcoa has made its first sales of EcoSource non-metallurgical alumina (NMA) with six customers between 2023 and 2024.",
"date": "Jun 28, 2024 07:09"
},
{
"title": "2024 SMM Secondary Aluminium Study Tour (Malaysia): WINMEX METAL (MY) CO., LTD.",
"summary": "Overnight LME copper opened at $9556 /mt, touching a low of $9508/mt during the session, and finally closed at 9595 /mt at the end of the session, with a trading volume of 21,000 lots and a position of 326,000 lots.",
"date": "Jun 27, 2024 11:23"
},
{
"title": "Alumina refinery projects make no headway: ESDM Ministry, Indonesia",
"summary": "The overnight SHFE 2408 most-traded aluminum contract opened at 20,320 yuan/mt, with a high of 20,380 yuan/mt, a low of 20,250 yuan/mt, and closed at 20,300 yuan/mt, up 70 yuan/mt, an increase of 0.35%.",
"date": "Jun 27, 2024 07:51"
},
{
"title": "Alcoa makes first EcoSource\u00ae non-metallurgical alumina (NMA) sales",
"summary": "China is the world's largest producer of alumina, but the issue of red mud (also known as bauxite tailings) disposal has always been a major concern.",
"date": "Jun 27, 2024 07:46"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 27",
"summary": "This year, the performance of domestic aluminum ingot inventory always seems to be \"short-lived,\" as destocking faced obstacles again.",
"date": "Jun 27, 2024 07:35"
},
{
"title": "SMM Aluminum Market Morning Comment (June 27)",
"summary": "Customs data shows that in May 2024, China's aluminum foil exports reached 130,100 mt, up 7% MoM and 15% YoY.",
"date": "Jun 27, 2024 07:14"
},
{
"title": "Red mud storage has become a big headache amid rapidly expanding alumina capacity in China, the world\u2019s top alumina producer",
"summary": "EBNER GROUP, a global leader in melting, casting, and heat treatment solutions for the aluminium industry with the companies EBNER, ETS, EED, Gautschi, TPS, Hazelett, HPI and GNA have increased their stake in GNA alutech inc. to 100 per cent.",
"date": "Jun 26, 2024 12:48"
},
{
"title": "Pick-up from warehouses increased but inventory accumulated! What is hindering the destocking of domestic aluminum ingots? [SMM Analysis]",
"summary": "On June 24, 2024, India-based Craftsman Automation Limited announced signing a Memorandum of Understanding (MoU) with Sunbeam Lightweighting Solutions Private Limited and Kedaara Capital Fund II LLP.",
"date": "Jun 26, 2024 11:18"
},
{
"title": "Aluminum foil exports in May met expectations, with a risk of decline after August [SMM Analysis]",
"summary": "Overnight, LME copper opened at $9,656/mt, initially reaching a high of $9,656/mt before declining throughout the session.",
"date": "Jun 26, 2024 09:20"
},
{
"title": "GNA alutech inc. is now fully owned by EBNER GROUP",
"summary": "Overnight, the most-traded SHFE aluminum contract 2408 opened at 20,255 yuan/mt, reached a high of 20,345 yuan/mt, a low of 20,250 yuan/mt, and closed at 20,255 yuan/mt, down 105 yuan/mt, a decrease of 0.52%.",
"date": "Jun 26, 2024 08:54"
},
{
"title": "Craftsman Automation eyes major aluminium die-casting business acquisition deal",
"summary": "Secretary of State Diego Morales recently visited the Novelis aluminium production and recycling plant in Terre Haute, Indiana.",
"date": "Jun 26, 2024 08:50"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 26",
"summary": "Overnight, LME copper opened at $9,673/mt, reaching a high of $9,728/mt, then touching a low of $9,640.5/mt, and finally closed at $9,644/mt, down 0.37%.",
"date": "Jun 26, 2024 07:44"
},
{
"title": "SMM Aluminum Market Morning Comment (Jun 26)",
"summary": "Established in 2011, Zhengzhou Silverstone has earned the title of reputable trading company specializing in semi-finished aluminium products.",
"date": "Jun 26, 2024 07:14"
},
{
"title": "Indiana Secretary of State Diego Morales explores Novelis aluminium facility in Terre Haute",
"summary": "Overnight, the most-traded SHFE aluminum contract 2408 opened at 20,395 yuan/mt, reaching a high of 20,470 yuan/mt and a low of 20,330 yuan/mt, and closed at 20,350 yuan/mt, down 45 yuan/mt, a decrease of 0.22%.",
"date": "Jun 25, 2024 07:23"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 25",
"summary": "China Hongqiao, a global leader in aluminium production with an annual capacity exceeding 6 million tonnes, is proud to announce the launch of the groundbreaking Hongqiao Smart Aluminium AI & L Model Development Project.",
"date": "Jun 25, 2024 07:18"
},
{
"title": "AL Biz expands clientele: Welcomes Zhengzhou Silverstone into the circle of 2100+ B2B aluminium sellers",
"summary": "The upstream aluminium sector, encompassing bauxite, alumina, and primary aluminium) recorded some significant milestones this week in terms of production, trading, inventories, and market developments.",
"date": "Jun 25, 2024 07:11"
},
{
"title": "SMM Aluminum Market Morning Comment (Jun 25)",
"summary": "Last Friday evening, LME copper opened at $9,715.5/mt, initially reaching a high of $9,726.5/mt before declining to a low of $9,651/mt during the session.",
"date": "Jun 25, 2024 07:03"
},
{
"title": "China Hongqiao unveils Hongqiao Smart Aluminium AI Project in strategic collaboration",
"summary": "As of June 20, domestic aluminum billet social inventory was 151,800 mt, down 11,000 mt WoW and down 5,500 mt from Jun 17, still at a high level for the same period in nearly four years, narrowing the YoY gap to 13,800 mt.",
"date": "Jun 24, 2024 15:06"
},
{
"title": "Upstream Aluminium Weekly Recap: Sarawak discovers valuable mineral assets; World primary aluminium output achieves a new high",
"summary": "On June 20, 2024, SMM reported that the total social inventory of aluminum ingots was 756,000 mt, (the amount for sale stood at 629,000 mt), down 25,000 mt WoW and down 13,000 mt from Jun 17, but still nearly 250,000 mt higher YoY.",
"date": "Jun 24, 2024 15:04"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 24",
"summary": "This week, the macroeconomic front was intertwined with both positive and negative factors.",
"date": "Jun 24, 2024 07:31"
},
{
"title": "Downstream operating rate has not picked up, making destocking of aluminum billets still challenging",
"summary": "Last Friday night, the most-traded SHFE 2408 aluminum contract opened at 20,430 yuan/mt, reaching a high of 20,470 yuan/mt and a low of 20,385 yuan/mt, and closed at 20,435 yuan/mt, down 120 yuan/mt, a decrease of 0.58%.",
"date": "Jun 24, 2024 07:26"
},
{
"title": "As destocking boosted market confidence after the holiday, spot prices stabilized",
"summary": "Overnight, LME copper opened at $9,801/mt, hit a session low of $9,777/mt at the beginning, then fluctuated upwards to a session high of $9,889/mt at the end of the trading session, and finally closed at $9,883.5/mt, with open interest at 320,000 lots.",
"date": "Jun 24, 2024 07:24"
},
{
"title": "Aluminum prices to remain weak in the short term, keeping an eye on inventory changes",
"summary": "Indian auto components manufacturer Rockman Industries has grown into a globally acclaimed supplier of high-quality automotive components.",
"date": "Jun 24, 2024 07:22"
},
{
"title": "SMM Aluminum Market Morning Comment (June 24)",
"summary": "The UK Aluminium Federation (ALFED), representing the entire aluminium supply chain in the UK, has officially submitted a response to the UK Carbon Border Adjustment Mechanism (CBAM) Consultation.",
"date": "Jun 24, 2024 07:04"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 20",
"summary": "Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,595 yuan/mt, reaching a high of 20,630 yuan/mt and a low of 20,550 yuan/mt, and closed at 20,630 yuan/mt, up 35 yuan/mt, an increase of 0.17%.",
"date": "Jun 21, 2024 07:29"
},
{
"title": "Rockman Industries elevates industry presence by joining AL Biz",
"summary": "According to the SMM survey, the operating rate of the domestic aluminum wire and cable industry in May 2024 decreased by 0.38% MoM to 53.88%, up 6.12 percentage points YoY.",
"date": "Jun 21, 2024 07:17"
},
{
"title": "UK Aluminium Federation (ALFED) submits response to UK CBAM Consultation",
"summary": "May was undoubtedly a challenging month for the domestic aluminum billet industry.",
"date": "Jun 21, 2024 07:12"
},
{
"title": "SMM Aluminum Market Morning Comment (Jun 21)",
"summary": "Since April 2024, driven by favorable factors such as macroeconomic conditions and expectations of a recovery in domestic and international manufacturing sector, the price center of the aluminum market climbed.",
"date": "Jun 21, 2024 07:01"
},
{
"title": "The operating rate of domestic aluminium wire and cable industry slightly declined in May [SMM Analysis]",
"summary": "According to China Customs, in May 2024, China exported 101,500 mt of alumina, with cumulative exports from January to May 2024 reaching 653,500 mt.",
"date": "Jun 20, 2024 11:22"
},
{
"title": "Domestic aluminum billets production has declined for two consecutive months [SMM Analysis]",
"summary": "According to the General Administration of Customs of China, in May 2024, China imported 13.549 million mt of bauxite, down 4.84% MoM, up 4.63% YoY.",
"date": "Jun 20, 2024 11:07"
},
{
"title": "Whether the spot aluminum market can smoothly transition to a premium market? [SMM Analysis]",
"summary": "In mid-June, especially after the Dragon Boat Festival holiday, domestic aluminum prices quickly retreated from their high levels.",
"date": "Jun 20, 2024 09:26"
},
{
"title": "From January to May 2024, cumulative imports of alumina increased by over 60%",
"summary": "Rio Tinto will invest US$165 million (CA$226 million) in its Grande-Baie aluminium smelter to refurbish two anode baking furnaces that have reached the end of their useful life.",
"date": "Jun 20, 2024 08:45"
},
{
"title": "China's monthly bauxite imports in May 2024 (including country rankings)",
"summary": "Overnight, LME copper opened at $9,780/mt, rose slightly to a session high of $9,815.5/mt at the beginning, then dropped slightly to a session low of $9,742/mt during the day.",
"date": "Jun 20, 2024 08:33"
},
{
"title": "Aluminum prices experienced a significant pullback, with inventory leading the turnaround [SMM Analysis]",
"summary": "In line with global efforts to combat climate change, the European Union has introduced a significant measure\u2014the Carbon Border Adjustment Mechanism (CBAM), designed to regulate the import of carbon-intensive products, such as aluminium, by charging a tariff based on the emissions produced during their manufacturing.",
"date": "Jun 20, 2024 08:14"
},
{
"title": "Rio Tinto invests to maintain anode production at Grande-Baie smelter",
"summary": "Overnight, the most-traded SHFE 2408 aluminum contract opened at 20,485 yuan/mt, reached a high of 20,585 yuan/mt, a low of 20,485 yuan/mt, and closed at 20,535 yuan/mt, up 60 yuan/mt, an increase of 0.29%.",
"date": "Jun 20, 2024 07:18"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 20",
"summary": "In May 2024 (31 days), the total output of remelting billets nationwide was 175,800 mt, down 14,400 mt MoM from April 2024 (30 days), a decrease of 7.6%.",
"date": "Jun 20, 2024 07:17"
},
{
"title": "India\u2019s Vedanta Aluminium has its plan ready to face the EU\u2019s CBAM challenge",
"summary": "According to data from the General Administration of Customs, China imported 13.55 million mt of aluminum ore and concentrates in May, down 4.83% MoM, up 4.7% YoY.",
"date": "Jun 20, 2024 07:13"
},
{
"title": "SMM Aluminum Market Morning Comment (Jun 20)",
"summary": "According to data from the General Administration of Customs, China imported 310,000 mt of unwrought aluminum and aluminum semis in May, a YoY increase of 61.1%.",
"date": "Jun 20, 2024 07:06"
},
{
"title": "SMM China's remelting billets production and operating rate in May",
"summary": "National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, has reportedly signed a mining lease deed with the State Government of Odisha.",
"date": "Jun 19, 2024 08:39"
},
{
"title": "China Aluminum Ore and Concentrate Imports in May 2024",
"summary": "The Deputy Premier of the Malaysian state of Sarawak, Datuk Amar Awang Tengah Ali Hasan, recently revealed that Sarawak has various valuable minerals estimated to be worth RM1.25 trillion.",
"date": "Jun 19, 2024 08:32"
},
{
"title": "China Aluminum Semis Imports in May 2024",
"summary": "LME copper opened at $9,597/mt overnight, initially hitting a session low of $9,551/mt. It then rose throughout the session, reaching a high of $9,730.5/mt at the end of the trading session, and finally closed at $9,719/mt, with a gain of 0.26%.",
"date": "Jun 19, 2024 08:27"
},
{
"title": "NALCO signs a lease for bauxite mining with 111 million tonnes of reserves",
"summary": "Overnight, the most-traded SHFE aluminum 2408 contract opened at 20,330 yuan/mt, reached a high of 20,485 yuan/mt, a low of 20,320 yuan/mt, and closed at 20,455 yuan/mt, up 70 yuan/mt, an increase of 0.34%.",
"date": "Jun 19, 2024 07:53"
},
{
"title": "Sarawak's rich mineral resources, including bauxite, promise trillion-ringgit windfall",
"summary": "Overnight, LME copper opened at $9,645/mt, initially dropped to a session low of $9,587/mt, then fluctuated upwards, reaching a session high of $9,696.5/mt at the end of trading, and finally closed at $9,693.5/mt, with a decrease of 0.81%.",
"date": "Jun 19, 2024 07:22"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 19",
"summary": "According to SMM's statistics in early June, the total alumina inventories at aluminum smelters nationwide amounted to 2.8815 million mt.",
"date": "Jun 19, 2024 07:18"
},
{
"title": "SMM Aluminum Market Morning Comment (Jun 19)",
"summary": "Last week, the macroeconomic environment was intertwined with bullish and bearish factors.",
"date": "Jun 19, 2024 07:00"
},
{
"title": "SMM Morning Comment For SHFE Base Metals On June 18",
"summary": "Overnight, the most-traded SHFE 2407 aluminum contract opened at 20,240 yuan/mt, reached a high of 20,380 yuan/mt, a low of 20,230 yuan/mt, and closed at 20,350 yuan/mt, up 70 yuan/mt, an increase of 0.35%.",
"date": "Jun 18, 2024 07:41"
},
{
"title": "Survey and brief analysis of aluminum smelters\u2019 in-plant alumina inventories by province in May",
"summary": "After the holiday, aluminum billet inventories first increased and then decreased.",
"date": "Jun 18, 2024 07:12"
}
]