October 2019

ALUMINA SNAPSHOT: China alumina price edges down on more imported cargoes, weak demand

Key data from October 31’s price assessment in Shanghai.

Xinfa’s Jiaokou alumina refinery ready to resume ops, sources say

Chinese aluminium producer Xinfa Group has material and production lines prepared for restarting operations at its Jiaokou alumina refinery in Shanxi province, market sources told Fastmarkets on Wednesday October 30.

IN CASE YOU MISSED IT: 5 key stories from October 25

Here are five Fastmarkets MB stories you might have missed on Friday October 25 that are worth another look.

Rusal output, sales edge higher in 'disappointing' Q3; global aluminium demand decreases

Russian aluminium producer Rusal released its results from a ‘disappointing’ third quarter on Friday October 25, which saw ‘further deterioration’ in aluminium demand compared with the previous quarter.

Collapsed conveyor in Guinea to disrupt bauxite operations; alumina prices continue to firm

Bauxite deliveries from Cie des Bauxites de Guinée’s (CBG) at the port of Kamsar in Guinea will be disrupted due to a broken conveyor, sources told Fastmarkets.

Chinese alumina price expected to fall on increased imports – sources

The Chinese alumina price is expected to fall in the near term due to domestic buyers deciding to procure more material from the seaborne market, sources told Fastmarkets.

Chinese non-ferrous scrap imports set for 4-month standstill as buyers delay shipments to Feb 2020

China’s non-ferrous scrap imports will come to a standstill in the next four months, because major buyers have used up their 2019 import quotas and new quotas are unlikely to be granted before the lunar new year in late January, industry sources have said.

Hydro's Alunorte ops rise to 83% capacity; Q3 earnings down on depressed prices

Alunorte alumina refinery’s utilization rate reached 83% of its capacity in the third quarter following the end to federal court-imposed embargoes, owner Norsk Hydro said on Wednesday October 23.

NOTICE: Discontinuation of price change articles

Fastmarkets will discontinue the publication of price change articles on metalbulletin.com from Tuesday October 22.

LME WEEK 2019: Exchange to launch more new contracts in 2020 – Chamberlain

The London Metal Exchange has no plans to stop adding to its contract suite, with new additions expected in 2020, chief executive Matthew Chamberlain told Fastmarkets.