Rusal's exports fell 70 per cent from a month earlier

Rusal International's Controlling Shareholder En+ Said It May Consider Seperating Rusal's International Assets and Creating New Non-Russian Companies.According to the statement from En+, options included the possibility of developing the company's international business. En+ stressed that the strategic review was at a preliminary stage and that any future course of action would be subject to further consideration and discussion with relevant regulators and key stakeholders.

According to SMM data, the weighted average full cost of alumina refineries in China was 2,604 yuan/mt at the end of Q4 2021, a drop of 407 yuan/mt or 13.5% from the end of Q3 2021, but up 14.7% from the same period of 2020.

As of December 13, the bauxite prices with an alumina to silica ratio of 5.0 and an alumina content of 58% in Jinbei county of Shanxi stood at 400-450 yuan/mt (including value-added tax (VAT), excluding resource tax) on a delivery to factory basis.

According to the customs data, China exported a total of 43.05 million mt of steel from January to July 2021, up 30.9% on the year.

China's aluminium import and export in March 2018.

After aluminium prices fell as the US eased sanctions on Russia, SMM believes that prices are likely to gain some support from the high prices of alumina

SHFE aluminium prices fell throughout the day on Tuesday April 24 and closed 3.7% lower as the US Treasury Department signalled it may ease the sanctions against Russian aluminium producer Rusal.

China’s production of 10 nonferrous metals amounted to 53.78 million mt in 2017, up 3% from a year ago, according to data released by the National Development and Reform Commission (NDRC).

The decline in nickel ore shipments to China from the Philippines was mainly due to bad weather in Tawi-Tawi while the impact of environmental protection issues in Zambales was rather small.

China’s lowered export tax on stainless steel will not drive dramatic increase in exports in 2018, SMM believes.