Latest news on the China Aluminum market

AI in aluminium smelters: Is your smelter's digital twin about to fail?

The primary aluminium industry is currently navigating a severe macroeconomic margin trap. Squeezed between the escalating demands of the global energy transition, volatile alumina prices, and punitive carbon taxation regimes like the European Union Carbon Border Adjustment Mechanism (CBAM), plant m

China aluminum market likely to shift from surplus to deficit through 2H26

When SHFE aluminium traded in a wide range with the average price in the first half of 2026 edging higher year-on-year, the market performance was weaker relative to LME. On the fundamentals, domestic aluminum supply rose 3.0% year-on-year, while weak domestic demand was partially offset by a 7.4% i

DAILY: Alumina prices rebound after continuous drops, while inventory pressure lingers

Mysteel's daily price assessment showed that the national average price for smelter-grade alumina with a minimum purity of 98.6% dropped to 2,762 Yuan/tonne, flat compared to the previous day.   The stable price trend can be attributed to the offering prices in China's five key alumina production re

Canada's aluminium exports jump 50.7% as trade surplus reaches four-year high

Canada's merchandise trade surplus expanded to CAD 4.2 billion in May 2026, its strongest level in four years, as a sharp rise in unwrought aluminium and aluminium alloy exports helped lift the country's overall outbound trade to a record high.   According to the latest data from Statistics Canada,

China alumina prices unlikely to break rangebound amid expected supply growth in H2 2026

In the first half of 2026, China's domestic alumina production rose 5.6% YoY to 45.9 million tonnes, with capacity up 8.2% to 120.95 million tonnes/year. June saw a 258,000 supply deficit in the southwest, covered by northern shipments. In the second half, supply tightness is expected to ease as cap

Xiaomi bets on 100% recycled aluminium with Titan Alloy 2.0 as EV margins face pressure

Xiaomi has introduced what it describes as China's first mass-produced structural aluminium alloy made entirely from recycled aluminium for electric vehicles (EVs), marking another step towards lower-carbon manufacturing. The new material, called Titan Alloy 2.0, has entered series production and is

China's aluminium market tightens as June deficit hits 322,000 tonnes; demand rebounds

June marked a tale of two markets for aluminum, where a macro-driven selloff clashing with resilient fundamentals. While SHFE aluminum prices tumbled to yearly lows, pressured by expectations of US rate hikes and the evaporation of Middle Eastern risk premiums, the underlying supply-demand balance t

DAILY: Alumina prices seen softening on fresh supply, tepid demand

Mysteel's daily price assessment showed that the national average price for smelter-grade alumina with a minimum purity of 98.6% dropped to 2,764 Yuan/tonne, down 6 Yuan/tonne compared to the previous day.   The downward price trend can be attributed to the offering prices in three of China's five k

European aluminium foil deliveries decline in Q1 despite signs of market stabilisation

European aluminium foil producers experienced a weak start to 2026, with total deliveries declining in the first quarter despite indications of gradual market stabilisation as the period progressed.   According to the European Aluminium Foil Association (EAFA), total deliveries by its members reache

Aluminum extrusions hit 37.05% capacity utilization floor as demand slump triggers passive destocking, export blockages deepen glut

Q2 2026 closed with the aluminum extrusion sector trapped in a classic supply-demand crunch. Capacity utilization plunged to a cyclical low of 37.05%, while equipment start-up rates stagnated at 55%-57%, exposing producers' proactive output cuts to avoid risk. Order backlogs shrank, compressing lead