December 2018

ALUMINA SNAPSHOT 31/12: Alumina index falls below $400 at year-end; down 43% from April high

The fob Australia alumina index declined below $400 per tonne on December 31, hitting its lowest level since March 2018 following the last Nalco tender of the year concluding at $396.21 per tonne.

EUROPEAN MORNING BRIEF 26/12: SHFE base metals prices mixed; chrome prices unchanged in China; Chinese wire rod export prices flat

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Wednesday December 26.

Pará's state legislature finds 'very strong evidence of environmental crime' at Hydro Alunorte in Brazil

An investigative commission created by Pará’s state legislature Alepa found “very strong evidence of environmental crime” in the region where Alunorte, Norsk Hydro’s alumina refinery in the Brazilian northern state, is located.

EU approves 2019 duty-free import quotas for wide range of aluminium products

The European Union Council of Ministers has approved 2019 duty-free quotas for a range of aluminium imports whose production within the EU is insufficient to meet demand.

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 21/12

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday December 21:

HOTTER ON METALS: Aluminium’s Section 232 winners and losers

It’s been nine months since the United States announced Section 232 tariffs, and over six months since a 10% tax was applied to imports of aluminium from Canada, Mexico and the European Union.

FASTMARKETS NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

All Fastmarkets non-ferrous UK scrap and foundry ingot prices were unchanged on Wednesday December 19.

NEWSBREAK: Alcoa to curtail additional capacity at Aluminerie de Becancour smelter

Alcoa will start to curtail half of the one operating potline at its Aluminierie de Becancour Inc (ABI) smelter in Quebec, Canada, it said on Wednesday December 19.

2019 PREVIEW: Alumina market cautiously bullish for next year after 'disaster' 2018

Alumina prices hitting a record high this year has changed the market’s outlook for 2019, with traders adapting a cautiously bullish approach.