December 2019

2020 PREVIEW: Alumina prices widely seen by market as suppressed in 2020; consumers investing upstream

Benchmark alumina prices have failed to trade above $300 per tonne since August 2019 and are likely to remain under pressure in 2020 partly because aluminium companies are diversifying along the supply chain, market participants said.

Alcoa to close idled Point Comfort alumina refinery

Alcoa Corp will permanently close its idled Point Comfort alumina refinery in the US state of Texas, the company announced on Monday December 16.

ALUMINIUM FOUNDRY WRAP: US premium hits all-time low; German premium extends decline

Aluminium foundry alloy premiums continued to falter, with the US premium hitting a record low, due to bearish macroeconomics and weak fundamentals.

ALUMINA ROUND-UP: Alumina prices stabilize near $280/t; eyes on China

Benchmark alumina prices for spot cargoes stabilized around $280 per tonne on Thursday December 12 while participants focus on business for 2020.

ALUMINA SNAPSHOT: China alumina price hits fresh 31-month low

Key data from the price assessment on Thursday December 12 in Shanghai.

A380.1 price pushed up by scrap, Nasaac

The price for secondary aluminium alloy A380.1 rose on Monday December 9 following a month-long stasis, boosted by gains in the London Metal Exchange’s North American special aluminium alloy contract (Nasaac) and firming scrap prices.

Some aluminium scrap prices inch higher

Certain smelter-grade aluminium scrap prices continued to see upward momentum at the start of the week amid spot buying activity - possibly driven by the upcoming holiday period - and supply-side tightness, but some sources said the increases may be short-lived.

IN CASE YOU MISSED IT: 5 key stories from December 9

Here are five Fastmarkets MB stories you might have missed on Monday December 9 that are worth another look.

Asia upswing drives DIN 226, secondary aluminium scrap rebound in Europe

Rising secondary aluminium prices in Asia helped drive European secondary aluminium ingot prices up last week from its recent decade-long low.

IN CASE YOU MISSED IT: 5 key stories from December 5

Here are five Fastmarkets MB stories you might have missed on Thursday December 5 that are worth another look.