The aluminum industry news in April 30, 2014

Source: Chinese aluminum information net release time: 2014-4-30 16:47:22         

1, China aluminum Limited by Share Ltd said Tuesday, by the industryovercapacity and product prices continue to slump, the company's first quarter net loss of 2160000000 yuan, while the same period last year losses amounted to 975000000 yuan. China aluminum is Chinese largest alumina and primary aluminum producer. Company data show, as of the first quarter of March,Chinalco operating income grew 3.01%, to 35240000000 yuan.

2, Tongling nonferrous announced the 2013 annual report, in 2013 the companyachieved operating income of 76165000000 yuan, down 1.42%; realize a netprofit of 573000000 yuan, down 38.03% yoy. The company said in the annual report, in order to better adapt to environmental protection law revised and morestringent environmental standards, Tongling non-ferrous smelter in Jinchang willbe relocated. The reconstruction of the remote report, environmental impact assessment report basically completed, will soon enter the environmental assessment report project review, approval stage.

3, 2014 March, Chinese aluminum alloy wheel exports amounted to 316000000 US dollars, the export amount is 63300 tons, year-on-year increase of 8.2%,8.2%. The export unit price is $4.99 / kg. As of 3 at the end of the Chinaaluminum alloy wheel exports amounted to 884000000 US dollars, the export amount is 178100 tons, year-on-year increase of 9.8%, 10.3%; the export unit price of $4.96 / kg, export enterprises 454 homes, the total amount of the top 40manufacturers exported US $749000000, accounting for 84.8% of the total amount of the export of products; the first 100 manufacturers export total amount861000000 dollars, accounting for 97.4% of the total amount of the export of products.

4, according to the commerce department to monitor, last week (April 21st to 27),non-ferrous metal prices rising 1.5% over the previous week, nickel, aluminum,copper, lead, zinc, tin prices rise respectively 4.3%, 2.4%, 1.1%, 0.9%, 0.7% and0.2%.

5, London Metal Exchange (LME) copper inventory reduction of 1950 tons, 8250 tons of aluminum increased inventory, inventory reduction of 2925 tons of zinc.

6, according to Jamaica media reports, in 2014 3 in Almaty bauxite production 473409 tons, an increase of 3%, annulus comparing grows 60%; aluminaproduction 154582 tons, an increase of 12%, annulus comparing grows 3%.Bauxite and alumina industry make a great contribution to the economy of Jamaica, in addition to create lots of jobs, bauxite and alumina exports accounted for 50% of total exports, the country's third largest source of foreign exchangeindustry.

7, the Ministry of industry and information technology recently issued a notice,announced the first batch of 36 A total of 40 projects in line with the "list ofaluminum industry standard condition" enterprise, which Chinese aluminumLimited by Share Ltd Citylink branch 540000 tons electrolytic aluminum projectand Gansu Hualu Aluminium Co., 220000 tons of electrolytic aluminum projectlist.