August 2020

IN CASE YOU MISSED IT: 5 key stories from August 26

Here are five Fastmarkets stories you might have missed on Wednesday August 26 that are worth another look.

UK secondary aluminium ingot prices surpass pre-pandemic levels

UK secondary aluminium prices continued to rise on Wednesday August 26, with a regional supply squeeze pushing LM24 ingot prices above the levels seen before the Covid-19 pandemic began.

AT A GLANCE: Record H1 alumina production for AWAC; low prices impact profit

A summary of Alumina Ltd’s half-year results for the six month ended June 30, 2020.

Chinese alumina imports refresh four-year high in July, weigh on domestic price

China imported 417,263 tonnes of alumina in July, up 109% year on year from 200,000 tonnes in July 2019, according to Chinese customs data released on Tuesday August 25.

Alvance Aluminium gains ASI performance certification for Dunkerque plant in France

Alvance Aluminium has achieved ASI ‘Performance Standard’ certification for its smelting and casting operations in Dunkerque, France, the Aluminium Stewardship Initiative (ASI) announced on Wednesday August 26.

China’s firmer domestic market drives up silicon export price

Chinese silicon exporters raised offer prices in the week to Friday August 21 because of the unavailability of cheap material from domestic producers given tight spot supply, but overseas consumers have found higher prices almost impossible to accept, Fastmarkets learned.

IN CASE YOU MISSED IT: 5 key stories from August 21

Here are five Fastmarkets stories you might have missed on Friday August 21 that are worth another look.

China alumina price rises amid panic buying following Alunorte disruption

The price of alumina in China rose this week amid a bout of panic buying among participants, who worried that reduced supply in the seaborne market after a disruption at Hydro’s Alunorte refinery in Brazil would in turn affect the Chinese domestic market.

ALUMINA SNAPSHOT: Alumina price hits five-month high on reduced Alunorte output

Key information from the pricing session for Fastmarkets’ daily alumina index, fob Australia, on Thursday August 20.

AT A GLANCE: South32 FY earnings plunge on weak key commodities prices

A summary of producer South32’s financial results for the year ended June 30, 2020.