Yiwen Ju

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Aluminium smelters in southwestern China’s Yunnan province have been ordered by the local government to cut production by 10% to lower their power usage, with effect from Friday September 9, sources with knowledge confirmed to Fastmarkets
All industrial activity in Sichuan province in southern China is being curtailed to divert tight energy supplies to households from Monday August 15 until Saturday August 20
The world’s top aluminium producer released a plan on Friday July 15 spelling out its climate-care goals, which were announced in late June, in an attempt to heed China’s call and be at the forefront of the global work toward a sustainable future
China’s alumina exports into Russia jumped again in May amid steady demand from the latter country to plug its shortfall due to its invasion of Ukraine and subsequent sanctions against it
Some alumina refineries in China were finding it difficult to make profits in the face of higher production costs and falling alumina prices, raising the risk of production cuts in the future, Fastmarkets heard on Thursday June 9
Dwindling demand and differing supply situations between regions pressured aluminium billet premiums down or kept them unchanged across the world on Wednesday June 1, with clear bearishness slowly taking over global markets
China’s alumina exports to Russia surged in April amid stronger demand from the latter due to international trade sanctions imposed on it following its invasion of Ukraine
The build-up of Shanghai bonded copper stocks continued in April, albeit at a slower pace, with restrictions to prevent the spread of Covid-19 disrupting logistics, particularly earlier in the month
Aluminium premiums in Europe continued to reach new highs in the week to Tuesday May 3, while premiums in the United States, Japan and Brazil were unchanged but well supported.
Tight availability of metal and firm demand continued to drive aluminium premiums higher in the week to Tuesday April 19, with the duty-unpaid premium in Rotterdam reaching a new high, while the US Midwest premium held steady at its highest ever.
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