October 2021

IN FIGURES: China's base metal imports in September

A summary of China’s base metal imports in September 2021, according to Chinese customs data released on Wednesday October 20.

Chinese alumina prices reach 13-year high despite slower operations, buying

Domestic alumina prices in China continued to climb in the week to Thursday October 21, with new transactions being made on an as-needed basis, Fastmarkets has heard.

AT A GLANCE: South32 alumina production down 3% in Q1, manganese output up 7%

A summary of global mining company South32's production report its first quarter to the end of September.

Novelis to add 124kt of Al in US with $130mln investment

Novelis will invest approximately $130 million to upgrade its operations in Oswego, New York, the global aluminum rolling and recycling firm said in a press release on October 18.

Russia removes or reduces duties on ferro-alloy exports

The Russian government has removed or reduced existing export duties on ferro-alloys, effective October 15, after responding to domestic industry concerns, trade sources said.

IN CASE YOU MISSED IT: 5 key stories from October 15

Here are five Fastmarkets stories you might have missed on Friday October 15 that are worth another look.

EUROPEAN SECONDARY ALUMINIUM SNAPSHOT: DIN226 price reaches record high on uncertain supply

Key data from Fastmarkets’ European secondary aluminium pricing session on Friday October 15.

Shanxi bauxite supply chain survives heavy rains but concern remains over winter cuts

Market participants in the bauxite industry in China, both metallurgical and non-metallurgical grades, have downplayed the effect of heavy rainfall in Shanxi earlier this month despite a temporary closure of alumina operation lines. But sources expressed concerns over operations in the coming winter because of the traditional environmental regulations and energy shortages.

Europe must do more to help metals sector, Eurometaux says

The EU and its member states must do more to assist domestic metals producers after the European Commission this week issued its “toolbox” to tackle a surge in energy prices that was forecast to last through the coming winter, according to regional non-ferrous metals industry body Eurometaux.

Xinfa suspends alumina production lines following heavy rain in northern China

Xinfa Group has suspended two alumina production lines at its refineries in the northern Chinese province of Shanxi following heavy rainfall in the region, a company source told Fastmarkets.