Industry News
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Due to the protests, South32 withdrew production guidance from the Mozal aluminum smelter
Due to the widespread protests in the area, Australian-based mining and metals company South32 has announced an important decision. The company has decided to withdraw its production guidance from its aluminium smelter in Mozambique, given the continuing escalation of civil unrest in Mozambique, ...Read more -
China’s Primary Aluminum Production Hit A High Record In November
According to data released by the National Bureau of Statistics, China’s primary aluminum production rose 3.6% in November from a year earlier to a record 3.7 million tons. Production from January to November totaled 40.2 million tons, up 4.6% year on year growth. Meanwhile, statistics from...Read more -
Marubeni Corporation: Asian aluminum market supply will tighten in 2025, and Japan’s aluminum premium will continue to be high
Recently, global trading giant Marubeni Corporation conducted an in-depth analysis of the supply situation in the Asian aluminum market and released its latest market forecast. According to Marubeni Corporation’s forecast, due to the tightening of aluminum supply in Asia, the premium paid b...Read more -
The U. S. Aluminum Tank Recovery Rate Rose Slightly to 43 percent
According to data released by the Aluminum Association (AA) and the Tanning Association (CMI). Us aluminum beverage cans recovered slightly from 41.8% in 2022 to 43% in 2023. Slightly higher than in the previous three years, but below the 30-year average of 52%. Although aluminum packaging repres...Read more -
The aluminum processing industry in Henan is thriving, with both production and exports increasing
In the non-ferrous metal processing industry in China, Henan Province stands out with its outstanding aluminum processing capabilities and has become the largest province in aluminum processing. The establishment of this position is not only due to the abundant aluminum resources in Henan Provinc...Read more -
Global Aluminum Inventory Decline Affects Supply and Demand Patterns
Global aluminum inventories are showing a sustained downward trend, significant changes in supply and demand dynamics may affect aluminum prices According to the latest data on aluminum inventories released by the London Metal Exchange and the Shanghai Futures Exchange. After LME aluminum stocks ...Read more -
Global aluminum inventory continues to decline, leading to changes in market supply and demand patterns
According to the latest data on aluminum inventories released by the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE), global aluminum inventories are showing a continuous downward trend. This change not only reflects a profound change in the supply and demand pattern of the a...Read more -
Bank of America Optimistic about the Prospects of Aluminum, Copper, and Nickel prices in 2025
Bank of America forecast, Stock prices for aluminum, copper and nickel will rebound in the next six months. Other industrial metals, like silver, Brent crude, natural gas and agricultural prices will also rise. But weak returns on cotton, zinc, corn, soybean oil and KCBT wheat. While futures pre...Read more -
Global primary aluminum production rebounds strongly, with October production reaching a historic high
After experiencing intermittent declines last month, global primary aluminum production resumed its growth momentum in October 2024 and reached a historic high. This recovery growth is due to the increased production in major primary aluminum producing areas, which has l...Read more -
Jpmorgan Chase: Aluminum Prices Are Forecast To Rise To US$2,850 Per Tonne In The Second Half Of 2025
JPMorgan Chase, one of the world’s largest financial-services firms. Aluminum prices are forecast to rise to US$2,850 per ton in the second half of 2025. Nickel prices are forecast to fluctuate at around US$16,000 per tonne in 2025. Financial Union agency on November 26, JPMorgan said alumi...Read more -
Fitch Solutions’s BMI Expects Aluminum Prices To Remain Strong In 2024, Supported By High Demand
BMI, owned by Fitch Solutions, said, Driven by both stronger market dynamics and broader market fundamentals. Aluminum prices will rise from the current average level. The BMI does not expect aluminum prices to hit the high position at the early of this year, but ” the new optimism stems fr...Read more -
China’s aluminum industry is steadily growing, with October production data reaching a new high
According to the production data released by the National Bureau of Statistics on China’s aluminum industry in October, the production of alumina, primary aluminum (electrolytic aluminum), aluminum materials, and aluminum alloys in China has all achieved year-on-year growth, demonstrating t...Read more