Domestic alumina prices to rise slightly, high sea freight continues to suppress buying interest and prices overseas

[SMM Aluminum Express News] Emirates Global Aluminium has inaugurated the Al Taweelah Aluminium Recycling Plant, the largest aluminum recycling facility in the UAE, with a production capacity of 185,000 tpy. The plant processes post-consumer and selected pre-consumer aluminum scrap into low-carbon billets and T-bars marketed under the RevivAL brand. The facility began producing recycled aluminum in February 2026, with full ramp-up expected within six months, subject to scrap availability. The project makes EGA the largest consumer of aluminum scrap in the UAE and increases the company's global recycling capacity to more than 400,000 tpy across the UAE, Europe, and the United States, with a further 200,000 tpy under development.

[SMM Aluminum Express News] AD Ports Group and Emirates Global Aluminium will jointly invest AED 84 million (US$22.9 million) to upgrade EGA’s dedicated berth at Khalifa Port. The multi-phase project will enable the berth to accommodate Newcastlemax dry bulk vessels, which can carry 15–20% more cargo than the Capesize vessels currently used. Upon completion by August 2028, the upgraded berth is expected to handle approximately 8 million tonnes of bulk cargo annually, enhancing raw material logistics efficiency and supply chain resilience for EGA’s aluminium operations.

Hari ini, atmosfer transaksi di pasar Cina tengah tetap lesu. Penurunan kontrak berjangka aluminium SHFE terus berlanjut, dan perusahaan pengolahan hilir menunjukkan ketakutan signifikan terhadap harga yang merosot, dengan hanya mereka yang tidak terikat kontrak jangka panjang yang terutama melakukan pengadaan tepat waktu. Seiring harga aluminium yang turun secara berlebihan, keinginan pemasok untuk menjual juga tetap rendah, dan keinginan mereka untuk mempertahankan harga pun lemah. Akhirnya, kisaran harga transaksi aktual di pasar Cina tengah berada di sekitar premi –30 hingga –50 yuan/mt terhadap kontrak SHFE aluminium bulan Juli.