April 2020

Chinese alumina market buoyed by declining SHFE aluminium stocks

Participants in China’s alumina market were generally upbeat on Monday April 20 after deliverable aluminium stocks at Shanghai Futures Exchange-registered warehouses continued to fall last week.

Kaiser cuts 2020 revenue forecast on difficult aerospace industry conditions

Kaiser Aluminum has cut its forecast for revenue from commercial aerospace this year amid a sharp decline in air travel due to the Covid-19 pandemic and a knock-on effect throughout that industry.

South32 Hillside smelter hits record production despite South Africa Covid-19 shutdown

South32’s Hillside aluminium smelter in South Africa has delivered record financial year-to-date production despite the national lockdown enforced to contain the Covid-19 coronavirus outbreak, the company said in its March quarterly report on Monday April 20.

China alumina price recovers slightly amid strength in aluminium futures

The price of alumina in China recovered slightly in the week to Thursday April 16, snapping a run of five consecutive weekly price falls, after finding support from a rebound in aluminium prices on the Shanghai Futures Exchange.

EU CARMAKER CLOSURES 16/04: VW to restart production

German carmaker Volkswagen has become the first European car manufacturer to announce the restart of operations in the region following several weeks of suspended activity under lockdown measures brought in to help stem the spread of the Covid-19 pandemic.

ALUMINA SNAPSHOT: Fob Australia price stabilizes above four-year low

Key pricing data from the pricing session for Fastmarkets’ alumina index, fob Australia on Thursday April 16.

FOCUS: SHFE aluminium price rebounds to one-month high but virus aftershocks expected - sources [CORRECTED]

The aluminium price on Shanghai Futures Exchange rose for a fourth consecutive day on Thursday April 16 in an active Chinese market.

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

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

European Aluminium launches recycling plan to slash CO2 emissions

Industry association European Aluminium has launched a strategic plan to maximize Europe’s aluminium recycling rates and keep the material in active use.

WEEKLY BASE METAL PREMIUMS REPORT: 14/04

A summary of base metals premiums from across the globe for the week to Tuesday April 14.