Industry News
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Brimstone Plans to produce smelter-grade alumina by 2030
California-based cement maker Brimstone plans to produce U. S. smelting-grade alumina by 2030. Thus reducing the U. S. dependence on imported alumina and bauxite. As part of its decarbonization cement manufacturing process, portland cement and auxiliary cementing tious (SCM) are also produced as ...Read more -
LME and Shanghai Futures Exchange aluminum inventories have both decreased, with Shanghai aluminum inventories hitting a new low in over ten months
The aluminum inventory data released by the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) both show a downward trend in inventory, which further exacerbates market concerns about aluminum supply. LME data shows that on May 23 last year, LME’s aluminum inventory...Read more -
The Middle East aluminum market has enormous potential and is expected to be valued at over $16 billion by 2030
According to foreign media reports on January 3rd, the aluminum market in the Middle East is showing strong growth momentum and is expected to achieve significant expansion in the coming years. According to predictions, the valuation of the Middle East aluminum market is expected to reach $16.68 ...Read more -
Aluminum inventory continued to decline, the market supply and demand pattern changes
The latest aluminium inventory data released by the London Metal Exchange (LME) and the Shanghai Futures Exchange both show a sustained decline in global aluminium inventories. Aluminum inventories rose to their highest level in more than two years on May 23 last year, according to LME data, but ...Read more -
Global monthly aluminum production is expected to hit a record high in 2024
The latest data released by the International Aluminum Association (IAI) shows that global primary aluminum production is growing steadily. If this trend continues, by December 2024, Global monthly primary aluminum production is expected to exceed 6 million tons, a new record. Global primary alum...Read more -
Global Primary Aluminum Production Fell in November Month-on-Month
According to statistics from the International Aluminum Association (IAI). Global primary aluminum production was 6.04 million tons in November. It was 6.231 million tons in October and 5.863 million tons in November 2023. A 3.1% month-on-month decline and a 3% year-on-year growth. For the month,...Read more -
WBMS: The global refined aluminum market was short of 40,300 tons in October 2024
According to a report released by the World Metals Statistics Bureau (WBMS). In October, 2024, Global refined aluminum production totaled 6,085,6 million tons. Consumption was 6.125,900 tons, there is a supply shortfall of 40,300 tons. From January to October, 2024, Global refined aluminum produc...Read more -
China’s Aluminum Production And Exports Increased Year On Year In November
According to the National Bureau of Statistics, China’s aluminum production in November was 7.557 million tons, up 8.3% year on year growth. From January to November, the cumulative aluminum production was 78.094 million tons, up 3.4% year on year growth. Regarding export, China exported 19...Read more -
U. S. Raw Aluminum Production fell 8.3% in September to 55,000 tons from a year earlier
According to statistics from the United States Geological Survey (USGS). The US produced 55,000 tons of primary aluminum in September, down 8.3% from the same month in 2023. During the reporting period, recycled aluminum production was 286,000 tons, up 0.7% year on year. 160,000 tons came from ne...Read more -
Japan’s Aluminum Imports Rebounded In October, Up to 20% Year on Year Growth
Japanese aluminum imports hit a new high this year in October as buyers entered the market to replenish inventories after months of waiting. Japan’s raw aluminum imports in October were 103,989 tons, up 41.8% month-on-month and 20% year-on-year. India became Japan’s top aluminum suppl...Read more -
Glencore Acquired A 3.03% Stake In The Alunorte Alumina Refinery
Companhia Brasileira de Alumínio Has sold its 3.03% stake in the Brazilian Alunorte alumina refinery to Glencore at a price of 237 million reaals. Once the transaction is completed. Companhia Brasileira de Alumínio will no longer enjoy the corresponding proportion of the alumina production obtain...Read more -
Rusal will optimize production and reduce aluminum production by 6%
According to the foreign news on November 25. Rusal said on Monday, with record alumina prices and deteriorating macroeconomic environment, the decision was made to reduce alumina production by 6% at least. Rusal, the world’s largest aluminum producer outside of China. It said, Alumina pri...Read more