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.

오늘 중국 중부 시장의 거래 분위기는 여전히 부진했다. 상하이선물거래소(SHFE) 알루미늄 선물 하락세가 지속되면서 하류 가공업체들의 가격 하락 우려가 커졌고, 장기계약을 체결하지 않은 업체들은 주로 실수요 위주의 조달에 나섰다. 알루미늄 가격이 과도하게 하락하자 공급업체들의 매도 의지도 낮게 유지되었으며 가격 방어 의지도 약했다. 결국 중국 중부 시장의 실제 거래 가격대는 SHFE 알루미늄 7월물 대비 30~50위안/톤 할인된 수준에서 형성되었다.