Jinning Al/Mg Suspends Production Cuts
01/11/19 | Aluminium
Asian Metal News Jinning Al-Mg New Materials at Zhongning County, Ningxia, designed with 300 ktpy primary aluminium capacity, has decided to suspend production cuts of 100 ktpy capacity. The company originally planned to suspend 100 ktpy primary aluminium capacity in late August and transfer the correspondent capacity to an IM…
Bx Prices on the Rise in Shanxi
01/11/19 | Bauxite
Asian Metal News Local bauxite supply began tightening in early October, which together with pre-stocking activities of local alumina refineries (which began in mid-October) has further shored up bauxite prices in Shanxi. At present, bauxite prices for A/S 5.0 grade stand at RMB 540/t, up RMB 30/t w-o-w, with an…
SMM: China Ni Laterite Imports at 73.5 mln t
31/10/19 | Nickel
Shanghai Nonferrous Metals News SMM: China’s 2019 nickel laterite imports are expected at 73.5 mln t, of this figure, more than 50% is from the Philippines, and more than 40% is from Indonesia. Indonesia’s NPI output is expected to grow by 35% y-o-y in 2019 and by 11% y-o-y in…
Domestic Mg Market Stable
31/10/19 | Magnesium
China Nonferrous Metals News 25th October: Primary magnesium ingot (99.9%) was quoted at RMB 14,300/t (tax inclusive, on cash) in Fugu Shaanxi with mainstream transaction prices at RMB 14,300/t. In Shanxi, magnesium prices were RMB 14,500/t in Taiyuan, and between RMB14,600~14,700/t in Wenxi, the same level as last Friday. Market…
Chalco: Aa Prices Fall and Al Prices Stable
Sina Finance News According to Chalco’s 2019 Q3 report, domestic alumina prices were RMB 3,080 in Q3 2018, RMB 3,068 in Q4 2018, RMB 2,857 in Q1 2019, RMB 2,897 in Q2 2019 and RMB 2,556 in Q3 2019, with prices for Q3 2019 declining by 17% y-o-y and by…
Severe Air Pollution – Orange Alert for Shandong, Henan and Shanxi
Cnal News October 31st: The local authorities of Binzhou, Shandong announced an ‘Orange Alert’, indicating a severe air pollution level II from 31st October to 3rd November. The local authority of Shanxi also announced an ‘Orange Alert’ from 31st October to 4th November for cities including Taiyuan, Jinzhong, Yangquan, Linfen,…
IM Huayun Al Smelter to Start Construction in 2020
30/10/19 | Aluminium
Cnal News IM Huayun New Materials Co. Ltd, designed with total primary aluminium capacity of 460 ktpy, recently received 250 ktpy of primary aluminium replacement quotas from Baotou Aluminium. Construction of production lines is scheduled to begin in 2020, and the project is expected to come online in 2022. IM…
Shanxi Jiaokou Xinfa Postpones Resumption Plan
30/10/19 | Alumina
My Metal News As of 30th October, Shanxi Jiaokou Xinfa alumina refinery was still under suspension. The company has decided to postpone its resumption plans further, citing a bleak market outlook. Shanxi Jiaokou Alumina refinery was designed with 2.8 mtpy alumina capacity. Its continued suspension is likely to contract overall…
Domestic Bx Inventory on the Decline
30/10/19 | Bauxite
Asian Metal News Domestic bauxite inventory has dropped further on tightening supply after mines in Henan and Shanxi halted mining in response to stricter environmental requirements in place since early October. At present, bauxite with A/S 5.0 grade is being quoted at RMB 490/t and that with A/S 4.0 grade…