October 2016

CHINA ALUMINUM FORUM: China must take steps to prevent raw materials shortage

China must focus on increasing its bauxite supply through the development of international reserves as well as utilising aluminium scrap in order to prevent a shortage of raw materials used to produce aluminium in the country, Wu Daiku, vice president of Guangxi Investment Group said at the China Aluminum Forum on October 27.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 28/10

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday October 28:

ALUMINA INDEX: ‘Prices may cross $300 fob’ as Chinese demand strengthens – sources

Alumina prices continued to rally this week, buoyed higher by smelter restocking and stronger aluminium prices in China.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 26/10

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday October 26:

CETA trade deal blocked; EU aluminium premiums spared further pressure

A landmark trade deal that would have provided the European Union with access of up to 2.6 million tonnes of aluminium free of duty looks set to fail.

South32’s alumina output drops by 5% in September quarter

Diversified miner South32’s alumina production fell to 1.29 million tonnes in the three months ended September 30, 2016, a decline of 5% year-on-year.

IN FIGURES: China's base metal imports in September

A summary of China’s base metal imports figures for September.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 21/10

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday October 21:

CHINA ALUMINA SNAPSHOT: Prices remain high on continued tight supply

Key data from the Thursday October 20 pricing session in Shanghai.

ALUMINA INDEX: Benchmark reaches 14-month high as Chinese smelter demand recovers

Benchmark alumina prices rallied to their highest level since August 2015 this week as robust smelter output in China pushed local buyers to import their raw material.