Aluminium Costs Will Still Have Room To Fall In The Short Term

Published: May 15, 2023 09:46

Source: SMM

Save

SHANGHAI, May 15 (SMM) - With alumina and coal prices showing no signs of stabilising, aluminium costs will still have room to fall in the short term.

SHANGHAI, May 15 (SMM) - With alumina and coal prices showing no signs of stabilising, aluminium costs will still have room to fall in the short term. However, due to the slump in aluminium prices, some smelters whose electricity prices are relatively high are now suffering small losses.

Market forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

4 hours ago

Danantara Begins $5.8B Aluminum Smelter Project in West Kalimantan

[SMM Aluminum Express News] Danantara officially began construction on a major aluminum smelter and alumina refinery (SGAR) in Mempawah, West Kalimantan, on February 6, 2026. The total investment is Rp 87.7 trillion. The project, managed by Inalum and Antam, will have a 1-million-ton annual capacity.

4 hours ago

22 hours ago

2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

[SMM Analysis]2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

22 hours ago

Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]

22 hours ago