Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Report: Shandong Weiqiao, Sigma to jointly build secondary aluminium project

Report: Shandong Weiqiao, Sigma to jointly build secondary aluminium project

May 9, 2019 16:10

Source:SMM

The project is designed with an annualised capacity of 300,000 mt molten secondary aluminium

SHANGHAI, May 9 (SMM) – Weiqiao Aluminum & Power and secondary aluminium producer Sigma Group on May 7 agreed to construct 300,000 mt of molten secondary aluminium capacity in Zouping of Shandong province, a source told SMM on Thursday May 9.

With an investment of 600 million yuan, the green project focuses on the recycling of #3104 aluminium can.

Market commentary

Secondary aluminium

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Aluminium prices fluctuated at high levels today. SMM A00 aluminium fell 60 yuan/mt from yesterday to 20,540 yuan/mt. Secondary aluminium prices stood firm.

Aug 26, 2021 16:10

SMM Comments Analysis

Aluminium Prices Pulled Back Slightly, Secondary Aluminium Prices Stood Firm

Operating rates at secondary aluminium plants continued to decline in May

Operating rates at secondary aluminium producers stood at 59.56% in May, down 5.44 percentage points month on month, but up 10.87 percentage points year on year.

Jun 23, 2021 10:34

Analysis

Operating rates at secondary aluminium plants continued to decline in May

Operating rates at secondary aluminium producers rose to 62.65% in December

Operating rates at secondary aluminium producers rose slightly by 0.23 percentage point to 62.65% in November. This was down 3.35 percentage points from a year earlier.

Jan 19, 2021 16:02

Analysis

Operating rates at secondary aluminium producers rose to 62.65% in December

Secondary aluminium operating rates surged to 59.6% in September

Operating rates at secondary aluminium makers gained 6.6 percentage points on the month to surge to 59.6% in September, down 1.1 percentage points year on year. Imports of scrap aluminium decreased due to less quotas, and output of domestic scrap aluminium also shrank amid the COVID-19 pandemic.

Oct 23, 2020 10:30

Analysis

Secondary aluminium operating rates surged to 59.6% in September

Jiangsu Hongshun’s 200,000 mt secondary aluminium project approved by Jiangsu government

According to a statement by Jiangsu’s ecology and environment department released on February 27, the project, located in Jianhu Shanggang Industrial Park, will be developed in two stages.

Mar 20, 2020 14:58

Reminder

Jiangsu Hongshun’s 200,000 mt secondary aluminium project approved by Jiangsu government

Operating rates across secondary aluminium producers higher in Nov

Demand from downstream automakers increased at year-end

Dec 13, 2019 14:32

Analysis

Operating rates across secondary aluminium producers higher in Nov

Operating rates across secondary aluminium producers extend rises in Aug

Downstream plants in north China restocked in advance from mid-Aug on worries about environmental curbs before the National Day

Sep 18, 2019 13:32

Analysis

Operating rates across secondary aluminium producers extend rises in Aug

Hongchuang Holding to build 200,000 mt sec aluminium project

Construction of the first stage of 100,000 mt of capacity will begin in Nov and last for three months

Aug 22, 2019 10:39

Reminder

Hongchuang Holding to build 200,000 mt sec aluminium project

Limited buyers, market volatility to deter inflows of seaborne ADC12

Prices of aluminium scrap overseas slipped, lowering the ratio of secondary aluminium overseas prices to domestic prices

Jun 24, 2019 11:48

SMM Insight

Limited buyers, market volatility to deter inflows of seaborne ADC12

Emission cuts to affect long steel output in Lianyungang

Three local mills were required to cut emissions by at least 30% from Nov 1 to Feb 28, 2019

Nov 2, 2018 16:40

Industry Reminder

Emission cuts to affect long steel output in Lianyungang

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  To Be Determined
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

Report: Shandong Weiqiao, Sigma to jointly build secondary aluminium project

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit