Monthly Aluminum Market Report Dec 2024

1 Market Highlights 4
1.1 Bauxite 4
1.2 Alumina 4
1.3 Aluminum fluoride 4
1.4 Primary aluminum 4
1.5 Secondary aluminum alloy ingot 4
1.6 Aluminum alloy ingot A356.2 4
1.7 Aluminum scrap 4
1.8 Aluminum bar 4
2 Policy and Economy 4
2.1 Russia increases volume of scrap export quota outside EAEU 4
2.2 Global aluminum inventories are declining 4
2.3 Ten EU countries seek wider sanctions on Russian-origin metal 4
2.4 El Salvador lawmakers overturn mining ban Bukele called absurd 4
3 Market Movements 4
3.1 Chinese Market 4
3.1.1 Chinese origin bauxite price rises 4
3.1.2 Chinese origin alumina price falls 5
3.1.3 Price of Chinese aluminum fluoride falls after rises to high level 5
3.1.4 Aluminum hydroxide price falls after rises to high level 5
3.1.5 Fluorspar price moves down 5
3.1.6 Liquid caustic soda price falls 5
3.1.Asian Metal Copyright1 Russia increases volume of scrap export quota outside EAEU 4 2.Asian Metal Copyright7 Aluminum ingot 99.7%min price keeps dropping 5
3.1.8 Chinese aluminum alloy ingot ADC12 market sees brisk deals 6
3.1.Asian Metal Copyright1.Asian Metal Copyright9 Demand for Chinese aluminum alloy ingot A356.2 stable 6
3.1.10 Chinese cast aluminum scrap market still sees tight supply 6
3.1.11 Demand for Chinese aluminum bar 6063 strong in South China but weak in North China 7
3.2 International Market 7
3.2.1 Price of Guinean bauxite rises fast 7
3.2.2 Export price of Australian alumina falls 8
3.2.3 Chinese aluminum fluoride export price declines 8
3.2.4 Price of imported cast aluminum alloy ingot falls 8
3.2.5 Chinese aluminum alloy ingot ADC12 export market sees rare deals 8
3.2.6 Chinese market sees few deals for imported Zorba aluminum scrap 8
4 Company News 8
4.1 India Valbaux plans to expand bauxite production 8
4.2 CPGM invites partners for joint bauxite investment in Guinea-Bissau 9
4.3 Henan International starts bauxite port construction 9
4.4 Elite Mining to load the first shipment of bauxite 9
4.5 Xinfa Chemical finishes alumina equipment maintenance 9
4.6 Laman Mining plans to restart bauxite production 9
4.7 Constriction kicks off on 2.4Mtpa alumina project in Fangchenggang 9
4.8 Zakia Enterprises cuts bauxite production 9
4.9 Guangxi Xinfa awarded mining permit for bauxite resources 9
4.10 Borneo Alumina delays to start commercial alumina production 9
4.11 Anhui Hongjin Material starts new secondary aluminum alloy production equipment 9
4.12 Zhengyuan New Material builds new secondary aluminum alloy production line 9
4.13 Yinhai Aluminum upgrades primary aluminum production equipment 10
4.14 Zhongfu Technology maintains primary aluminum production equipment 10
4.15 Tianlin Aluminum to upgrade aluminum bar production equipment 10
4.16 Kanghong Industry and Trade halts secondary aluminum alloy ingot production 10
4.17 Judong to increase secondary aluminum alloy ingot production 10
4.18 Nanping Aluminium starts new aluminum bar production line 10
4.19 Hongchangsheng Aluminum reduces primary aluminum production 10
4.20 Xintai Alloy builds new secondary aluminum alloy ingot smelting furnaces 10
5 Producers Statistics 10
5.1 Chinese alumina producers' operating rate up by 9.73% YOY in Dec 10
5.2 China's alumina output up by 10.97% YOY in Dec 11
5.3 Chinese aluminum fluoride producers' operating rate up by 10.23% YOY in Dec 11
5.4 China's aluminum fluoride output up by 15.18% YOY in Dec 11
5.5 China's aluminum fluoride inventory up by 316.67% MOM in late Dec 12
5.6 Guinean bauxite producers' operating rate down by 12.99% YOY in Dec 12
5.7 Guinean bauxite producers' output up by 9.9% YOY in Dec 12
5.8 Chinese primary aluminum producers' operating rate records 86.52% in late Dec 12
5.9 China's primary aluminum output down by 0.72% MOM in Dec 13
5.10 China's primary aluminum inventory up by 28.09% MOM in late Dec 13
5.11 Chinese secondary aluminum alloy producers' operating rate records 48.84% in Dec 14
5.12 China's secondary aluminum alloy output up by about 0.25% MOM in Dec 14
5.13 China's secondary aluminum alloy inventory down by 15.34% MOM in late Dec 15
5.14 Chinese aluminum bar producers' operating rate records 50.66% in Dec 15
5.15 China's aluminum bar output down by 1.73% MOM in Dec 16
5.16 China's aluminum bar inventory down by 32.21% MOM in late Dec 16
6 Consumers Statistics 17
6.1 China's consumption of imported bauxite up by 21.21% YOY in Dec 17
6.2 China's inventory of imported bauxite down by 11.91% YOY in late Dec 17
6.3 China's consumption of domestic bauxite down by 12.62% YOY in Dec 17
6.4 China's inventory of domestic bauxite up by 36.88% MOM in late Dec 18
7. Customs Statistics 18
7.1 China's bauxite import volume up by 3.54% YOY in Nov 18
7.2 China's alumina imports down by 23.06% YOY in Nov 18
7.3 China's anhydrous aluminum fluoride export volume up by 176.10% YOY in Nov 19
7.4 China's low-density aluminum fluoride export volume up by 319.27% MOM in Nov 19
7.5 China's unwrought aluminum(Al＜99.Asian Metal Copyright1 Market Highlights 4 1.Asian Metal Copyright95%) import volume fell 22.58% YoY in Nov 2024 19
7.6 China's unwrought aluminum alloy import volume fell 11.59% MoM in Nov 2024 20
7.7 China's unwrought aluminum alloy export volume increased 28.57% YoY in Nov 2024 21
7.8 China's aluminum scrap import volume declined 21.51% YoY in Nov 2024 22

.Asian Metal Copyright10 China's primary aluminum inventory up by 28Asian Metal Copyright