September 2019

ALUMINA SNAPSHOT: Index falls below $290 per tonne for first time since 2017

The benchmark alumina price in the Pacific region has fallen to a fresh two-year low and below $290 per tonne for the first time since May 25, 2017.

IN CASE YOU MISSED IT: 5 key stories from September 27

Here are five Fastmarkets MB stories you might have missed on Friday September 27 that are worth another look.

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 27/09:

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday September 27:

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 27/09:

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday September 27:

Brazilian federal court lifts final embargo on Alunorte deposit area

The federal court in Belém, Brazil, has lifted its final embargo on Alunorte’s new bauxite residue disposal (DRS2) under a criminal lawsuit, Norwegian aluminium producer Norsk Hydro announced on Thursday September 26.

INTL AL CONF: Poor downstream aluminium demand brings misery to alumina market

Alumina prices are at a two year low and market participants at Fastmarkets’ International Aluminium conference in Athens, Greece, are downbeat for the rest of the year, adding that the price floor had been lowered for alumina.

Hydro’s bauxite, alumina ops in Brazil to reach full capacity in 2021

Norwegian aluminium producer Norsk Hydro expects capacity usage at its bauxite and alumina division in Brazil to average 75-85% through the rest of 2019, and full capacity to be reached in 2021, while Mineração Paragominas and Alunorte resume normal operations.

INTL AL CONF: Stable, continued use of Al in cars should provide market growth - McKinsey

Despite concerns of low prices and poor demand, the aluminium market still has growth potential due to the automotive industry, McKinsey & Company’s Benedikt Zeumer said at Fastmarkets’ International Aluminium Conference held in Athens, Greece.

FASTMARKETS NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 25/09

The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday September 25:

PRICING NOTICE: Delayed publication of daily alumina index, fob Australia

Fastmarkets published its alumina index, fob Australia 23 minutes later than scheduled on Tuesday September 24 due to a technical issue during the pricing discovery process.