July 2020

US Al scrap prices steady, export demand firms

Aluminium scrap prices in the United States were mostly steady this past week, but overseas demand for some grades lent support to rising prices, sources told Fastmarkets.

CHINA ALUMINA SNAPSHOT: Downtrend persists on fading liquidity

Key data from Fastmarkets' pricing session in Shanghai on Thursday July 30.

ALUMINA SNAPSHOT: Fob Australia prices dip to $275/t after Chinese demand lull

Key information from the pricing session for Fastmarkets’ alumina index, fob Australia on Wednesday July 29.

Chinese alumina imports hit 4-year high in June

China imported 422,573 tonnes of alumina from the seaborne market in June 2020, up by 57.3% compared with imports of 268,573 tonnes in May, according to Chinese customs data released on Friday July 24.

AT A GLANCE: Rusal’s aluminium sales in Asia grow in Q2; Al, alumina production stable

A summary of Russian aluminium producer Rusal’s operating results for the second quarter of 2020 as released on Monday July 27.

China approves 10th round of scrap metal import quotas

China has issued its 10th round of scrap metal import quotas for 2020, marking its second batch for the third quarter.

IN CASE YOU MISSED IT: 5 key stories from July 24

Here are five Fastmarkets stories you might have missed on Friday July 24 that are worth another look.

Resumed Chinese alumina capacity puts pressure on domestic price

The Chinese domestic alumina price fell on Thursday July 23 in response to plans to resume idled alumina capacities and due to a contracting aluminium price on the Shanghai Futures Exchange.

Hydro signs deal for possible use of natural gas at Alunorte refinery

Hydro aims to replace a large part of it current fuel oil consumption at the Alunorte alumina refinery in Brazil with more environmentally friendly natural gas.

Glencore zinc-lead assets head Eskdale departs as division overhauled

Glencore's head of zinc and lead assets Chris Eskdale has stepped down from his role while the company overhauls the department's senior leadership, Fastmarkets understands.