July 2021

Henan floods cause disruption in China alumina market

China's alumina price has risen after severe floods in Henan province led to the closure of several local refineries, market sources told Fastmarkets.

Chinalco’s 1-mln-tpy alumina refinery in Henan suspends ops amid heavy floods

Chinalco Mining Co, a subsidiary of China Aluminium Group located in Luoyang city, Henan has suspended operations at its alumina refinery due to severe floods affecting the province in the past few days, Fastmarkets learned on Friday July 23.

IN FIGURES: China's base metals imports in June

A summary of China’s base metals imports for June 2021, according to Chinese customs data released on Wednesday July 21.

PRICING NOTICE: Correction to alumina index, fob Australia

Fastmarkets has corrected its alumina index, fob Australia, which was published incorrectly on Tuesday July 20 and Wednesday July 21 due to an index calculation error.

Century extends power deal at Icelandic aluminium smelter

Century Aluminum subsidiary Norðurál Grundartangi ehf has reached an agreement with the Icelandic national power company to extend the existing 161-megawatt contract at its Grundartangi aluminium smelter by three years through 2026.

Alumina prices up on better liquidity, Alumar refinery problems

Alumina prices on an fob Australia basis were at a four-month high on Monday July 19 due to an increase in liquidity, with cargoes changing hands at higher prices.

FOCUS: Prices surge for aluminium, steel scrap while carmaking problems continue

Prices for both new steel and aluminium scrap materials continued to rise across the UK and Europe in the week to Friday July 16, amid further manufacturing disruptions, causing the global scrap supply deficit to worsen.

A413.1 jump puts price at parity with 356.1 secondary aluminium alloy in US

The benchmark A380.1 secondary aluminium alloy price crept higher on Thursday July 15, while strong demand and limited supply for A413.1 pushed that price up to parity with 356.1.

US aluminium scrap demand steady, export sluggish

Continued demand for aluminium scrap in the United States boosted prices of some grades of material week on week, but difficulties in finding labor and shipping containers - as well as rising ingot manufacturing costs - put pressure on the wider market.

Ball to build new aluminium can-making plants in UK, Russia

Packaging company Ball Corporation is planning to build new plants in western Russia and in the East Midlands region of the UK, adding billions more cans per year to existing capacity from 2023, the company has said.