Industry News
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Alcoa partners with Spain’s Ignis to build a green future for San Ciprian aluminum plant
Recently, Alcoa announced an important cooperation plan and is in deep negotiations with Ignis, a leading renewable energy company in Spain, for a strategic partnership agreement. The agreement aims to jointly provide stable and sustainable operating funds for Alcoa’s San Ciprian aluminum p...Read more -
Supply disruptions and demand surged in China, and alumina surged to record levels
Alumina on the Shanghai Futures Exchange surged 6.4%,To RMB 4,630 per ton (contract US $655)，The highest level since June 2023.Western Australian shipments climbed to $550 a tonne,The highest number since 2021.Alumina futures prices in Shanghai surged to record highs as global supply disruptions...Read more -
Rusal plans to double its Boguchansky smelter capacity by 2030
According to the Russian Krasnoyarsk government,Rusal plans to increase the capacity of its Boguchansky aluminum smelter in Siberia to 600,000 tonnes by 2030. Boguchansky, The smelter’s first production line was launched in 2019, with an investment of us $1.6 billion.The initial estimated c...Read more -
The United States has made the final ruling of aluminum profiles
On September 27, 2024, The US Department of Commerce announced its final anti-dumping determination on aluminum profile (aluminum extrusions) that imports from 13 countries including China, Columbia, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Thailand, Turkey, UAE, Vietnam and Taiwan...Read more -
Aluminum prices strong rebound: supply tension and interest rate cut expectations boost aluminum period rose
London Metal Exchange (LME) aluminum price rose across the board on Monday (September 23).The rally mainly benefited from tight raw material supplies and market expectations of interest rate cuts in the US. 17:00 London time on September 23 (00:00 Beijing time on September 24),LME’s three-m...Read more -
China’s imports of primary aluminum have significantly increased, with Russia and India being the main suppliers
Recently, the latest data released by the General Administration of Customs shows that China’s primary aluminum imports in March 2024 showed a significant growth trend. In that month, the import volume of primary aluminum from China reached 249396.00 tons, an increase of...Read more