February 2022

Alumina prices maintain their upward trend, despite China softening

Key data from Fastmarkets’ alumina pricing sessions on Monday February 28.

Buyers start to avoid Russian metals cargoes after Swift payments move - sources

More and more buyers are shunning negotiations for Russian metals and coal amid sanctions and the increasing risks of financing issues after Russia was partially barred from the Swift payment system after invading Ukraine, sources told Fastmarkets on Monday February 28.

US Midwest aluminium premium peaks after Russian invasion

The highly influential Midwest premium (MWP) for primary aluminium in the United States reached a fourth record-high in the past six assessments on Friday February 25, following Russia’s invasion of Ukraine the day before.

Novelis to build aluminium recycling center in South Korea [CORRECTED]

Novelis Inc will build and operate a $53-million aluminium recycling center in Ulsan, South Korea, the company said.

Hydro revenues up 30% in 2021 on high metal prices

A summary of aluminium producer Hydro’s fourth-quarter and full-year 2021 financial and production results.

Aluminium, alumina markets mixed on impact of escalating Russia-Ukraine crisis

The European aluminium and wider alumina markets were mixed on the near-term impact of the escalating Russia-Ukraine crisis on Tuesday February 22, Fastmarkets understands.

WFA prices supported by high feedstock costs, BFA up while bauxite firm

Prices for white fused alumina (WFA) held firm in the two weeks ended Thursday February 17 while the price range for brown fused alumina widened upward amid production interruptions in China intended to reduce pollution emissions.

South32 H1 after-tax profits up by 1,847% vs last year

A summary of South32's fiscal year 2022 half-year financial results as released in an official statement on Thursday February 17

China ADC 12 market strengthens amid higher SHFE prices; MJP market still quiet

Key data from Fastmarkets' pricing session in Shanghai on Wednesday February 16.

Alumina prices jump as supplies tighten

Alumina prices have jumped upward following recent deals which received multiple bids at levels above the previous assessed range, indicating a tightening supply of material, Fastmarkets has seen.