A Weekly Review of Aluminium Industry News: National Grain and Material Reserves Bureau will continue to invest in national reserves of copper, aluminum and zinc

XNUMX. The State Bureau of Grain and Material Reserves: Will continue to put in the national reserve copper, aluminum and zinc

News from Beijing, August 8: The person in charge of the Storage Department of the State Administration of Grain and Material Reserves answered reporters’ questions on the release of copper, aluminum, and zinc in the national reserve.

Question: Recently, the National Development and Reform Commission and the State Administration of Grain and Material Reserves organized two batches of national reserves of copper, aluminum and zinc, which have achieved positive results.In the next step, will it continue to organize the release of national reserves?

Answer: In accordance with the deployment of the State Council executive meeting on ensuring the supply of bulk commodities and stabilizing prices, the National Development and Reform Commission and the State Bureau of Grain and Material Reserves released a total of 7 national reserves of copper, aluminum and zinc in two batches on July 5 and 29. Tons, all sectors of society have responded well.At present, the prices of copper, aluminum, zinc, etc. are still at a high level, and the production and operation of some downstream small and medium-sized enterprises are still difficult.In the next step, we will continue to invest in national reserves of copper, aluminum and zinc, and continue to do a good job in ensuring the supply and price stability of bulk commodities.

4053.54. The semi-annual loss of Hongchuang Holdings was 47.48 million yuan, a year-on-year decrease of XNUMX%

On August 20th, Hongchuang Holdings (002379) released the 2021 semi-annual report. From January to June 2021, the company realized operating income of 1.469 billion yuan, a year-on-year increase of 33.99%. The net profit attributable to shareholders of the listed company was a loss of 40.535 million yuan. Loss decreased by 47.48% year-on-year, and earnings per share were -0.0438 yuan.

The non-ferrous metal smelting and processing industry to which the company belongs has disclosed that the average operating income growth rate of the semi-annual report individual stocks is 35.09%, and the average net profit growth rate is 197.25%.

Hongchuang Holdings, the company’s full name is Shandong Hongchuang Aluminum Holdings Co., Ltd., was established on August 2000, 08, and was listed on the Shenzhen Stock Exchange on March 11, 2010. The current general manager Zhang Wei, whose main business is manufacturing high precision Aluminum strip business.

5.05. Jiaozuo Wanfang’s semi-annual net profit of 233.90 million yuan increased by XNUMX% year-on-year

On August 20, Jiaozuo Wanfang (000612) released the 2021 semi-annual report. The company realized operating income of 3.183 billion yuan from January to June 2021, a year-on-year increase of 39.38%. The net profit attributable to shareholders of listed companies was 505 million yuan, year-on-year An increase of 233.90%, earnings per share was 0.4240 yuan.

The non-ferrous metal smelting and processing industry to which the company belongs has disclosed that the average operating income growth rate of the semi-annual report individual stocks is 35.09%, and the average net profit growth rate is 197.25%.

Jiaozuo Wanfang, the company’s full name is Jiaozuo Wanfang Aluminum Co., Ltd., was established on November 1996, 11, and was listed on the Shenzhen Stock Exchange on September 27, 1996. The current general manager Huo Bin (acting), the main business is aluminum Smelting and processing, sales of aluminum products and metal materials.

2021. In July 7, the monthly prosperity index of China’s aluminum smelting industry was 51.5, down 1.2 points from the previous month

2021. The monthly prosperity index of China’s non-ferrous metal industry in July 7 is 44.9, down 1.6 points from the previous month

XNUMX. Shandong will carry out pilot carbon emission environmental assessment in key industries such as electrolytic aluminum

Recently, the Shandong Provincial Department of Ecology and Environment issued the “Implementation Opinions on Strengthening the Prevention and Control of the Ecological Environment Source of Construction Projects with High Energy Consumption and High Emissions” to promote green transformation and high-quality economic development.According to the implementation opinions, Shandong Province will implement strict prevention at the source, strict management of the process, and severe penalties for the “two highs” projects, and promote the coordinated control of pollution and carbon reduction. Implement pilot projects of coordinated pollution reduction and carbon reduction in Jinan and Qingdao, and effectively strengthen the prevention and control of the ecological environment of the “two highs” projects in Shandong Province.

For the “two highs” projects, the implementation opinions proposed strict environmental access, strict implementation of production capacity, coal consumption, energy consumption, carbon emissions, pollutant emission reduction substitution systems, and no approval for projects that do not meet the requirements.At the same time, implement carbon emission reduction substitution, formulate and issue alternative measures for carbon emission reduction in Shandong Province, and the reduction substitution ratio of cement, refining, electrolytic aluminum, and coal power projects in new, renovated, and expanded cement, refining, electrolytic aluminum, and coal power projects is not less than 1:1.5, steel, coking , Ferroalloy, calcium carbide, lime, methanol, nitrogen fertilizer, acetic acid, chlor-alkali, building ceramics, flat glass, bitumen waterproof material, back pressure type cogeneration project reduction replacement ratio is not less than 1:1.2.

2021. WBMS: The global aluminum market is short of 1 million tons from January to June 6

Foreign media reported on August 18 that the latest report data released by the World Bureau of Metal Statistics (WBMS) on Wednesday showed that the global aluminum market was short of 1.021 million tons from January to June 2021.

The oversupply in 2020 will be 1.193 million tons. In June 2021, the global aluminum market consumption was 6.0927 million tons. From January to June 2021, global aluminum demand was 35.47 million tons, compared with 63.302 million tons in the same period last year.

1. Boao Magnesium Aluminum, a subsidiary of Yunhai Metal, received a strategic investment of RMB XNUMX million

Recently, Chongqing Boao Magnesium Aluminum Metal Manufacturing Co., Ltd. received a strategic investment of 1 million yuan. This investment was introduced in the form of capital increase. The capital increase is the Jinshi Manufacturing Transformation and Upgrade New Material Fund (referred to as “Jinshi Fund”).

It is understood that on the evening of August 8, Yunhai Metal (17), a magnesium alloy sub-industry, issued an announcement stating that in order to expand the company’s production and sales of original magnesium and magnesium alloys, the company’s wholly-owned subsidiary Chaohu Yunhai Magnesium Co., Ltd. The company and Chongqing Boao Magnesium and Aluminum Metal Manufacturing Co., Ltd. decided to introduce investors by way of capital increase. The investors are all Jinshi Funds, with a total capital increase of 002182 million yuan, of which Chongqing Boao increased its capital by 6 million yuan, and Chaohu Yunhai increased its capital by 1 million yuan. .

2. Securities Times: The superimposed cost of electricity curtailment increases the aluminum price above the XNUMX yuan mark

Stimulated by the further expansion of the scale of electricity curtailment in the China Southern Power Grid, the domestic aluminum metal price once again rushed to the 2 yuan/ton mark.

In August, the China Nonferrous Metals Industry Association released the economic performance of the non-ferrous industry in the first half of the year, showing that in the first half of the year, the average price of aluminum in the domestic spot market was 8 yuan/ton, a year-on-year increase of 17421%. The average price of aluminum in the domestic spot market in mid-May was as high as 31.6 yuan/ton, and in late June it was adjusted back to 5 yuan/ton, a decrease of 19702 yuan/ton from mid-May, a decrease of 6%.

However, at the end of July, spurred by the further expansion of the scale of power rationing in the China Southern Power Grid, aluminum prices returned to near the May high.

7. In July, imports of aluminum ore and concentrates fell by 925% year-on-year to 15.7 million tons

China Customs: In July, the import of aluminum ore and its concentrate was 9.25 million tons, a year-on-year drop of 15.7%; this year, the total import of aluminum ore and its concentrate was 64.41 million tons, a year-on-year drop of 7.1%.

China exported 50,000 tons of alumina in July, a year-on-year increase of 1939.8%; this year’s cumulative alumina export was 90,000 tons, a year-on-year decrease of 7.2%.

In July, imports of unwrought aluminum and aluminum products were 312,086 tons, down 20.2% year-on-year; this year, the total import of unwrought aluminum and aluminum products was 1,774,859 tons, up 47% year-on-year.

In July, steel imports were 1.05 million tons, down 59.7% year-on-year; this year’s cumulative steel imports were 8.4 million tons, down 15.6% year-on-year.

XNUMX. Centaline Futures: The National Development and Reform Commission made a major announcement, and aluminum prices hit a XNUMX-year high

On August 8, the National Development and Reform Commission held a regular August press conference. Meng Wei, the spokesperson of the National Development and Reform Commission, introduced the situation of power generation and electricity consumption across the country in July, and discussed the current problems in the promotion of “dual carbon” work in various regions. Hot issues such as the effect of putting copper, aluminum, and zinc on the reserve are responded to one by one. Among them, there is more information related to aluminum. Let’s focus on the analysis below:

264. The recycled aluminum in Dongjiahe Circular Economy Industrial Park in Tongchuan City can achieve a direct output value of XNUMX billion yuan

On the morning of August 8, a series of press conferences on the theme of “Accelerating Project Construction and Striving to Promote Transformation and Development” in Tongchuan City (17)-“Equipment Manufacturing Industry Cluster “Acceleration” Writing a New Chapter for Development” special session was held in Tongchuan City Library, Tongchuan City Zhou Hao, a member of the Party Group and Deputy Director of the Management Committee of Dongjiahe Circular Economy Industrial Park, introduced the economic development of the park and the construction of key projects and answered questions from reporters.

It is understood that the Tongchuan Municipal Party Committee and Municipal Government attach great importance to the construction of key projects and strive to build “six major industrial clusters”. As the main battlefield of Tongchuan City’s economic construction, Dongjiahe Circular Economy Industrial Park actively promotes the construction of the “chain length system”.In the first half of the year, the investment in fixed assets was 12 billion yuan, an increase of 24%; the investment in industrial projects was 10.7 billion yuan, an increase of 43%; the investment in technological transformation of industrial enterprises was 1.3 million yuan, an increase of 28%, and both achieved “double-digit” growth. .At the same time, the industrial park will sign a total of 2021 aluminum intensive processing contract projects and 4 auto parts contract projects in 6, involving a total amount of 56.4 billion yuan. After the project is completed, it can achieve an output value of 150 billion yuan.

XNUMX. National Development and Reform Commission: The two rounds of non-ferrous metal reserve investment basically achieved the expected results

On the morning of August 8, the National Development and Reform Commission held a press conference in August.Meng Wei, deputy director of the Political Research Office of the National Development and Reform Commission and spokesperson of the committee’s press conference, attended the press conference and introduced the July approval of power generation and investment projects, the Shenzhen comprehensive authorization reform pilot, the reduction of energy consumption intensity in the first half of the year, the development of the Yangtze River Economic Belt, The implementation of the “Belt and Road” initiative, the 17 National Energy Conservation Publicity Week, and other related situations, and the effective investment in the second half of the year, infrastructure safety protection, post-disaster restoration and reconstruction, food production and prices, bulk commodity reserve release, and correction campaigns that the media are paying attention to. Questions such as “carbon reduction” and containment of “two highs”, fertilizer supply and stable prices, live pig prices, the construction of Hainan Free Trade Port, and the development of “integration of the two industries” were answered by reporters. More than 8 journalists from 7 domestic and foreign media participated in the press conference online.

8. Ministry of Commerce: Last week (August 9-15) the price of non-ferrous metals rose slightly, and the price of steel rebounded slightly

According to the monitoring of the Ministry of Commerce, last week (August 9-15), the national market price of edible agricultural products rose 0.1% from the previous week (the same below), and the market price of production materials rose 0.5% from the previous week.

The prices of non-ferrous metals rose slightly, among which the prices of zinc, aluminum and copper rose by 1.1%, 0.9% and 0.6% respectively.

XNUMX. Xinjiang Wuchangshi area no longer plans to build new electrolytic aluminum production capacity projects

Recently, the “Three Lines and One Single” Ecological Environment Zoning Management and Control Requirements for Seven Major Regions of Xinjiang Uygur Autonomous Region (2021 Edition) (hereinafter referred to as the “Management and Control Requirements”) was officially released. The four dimensions of resource utilization efficiency have clarified the management and control requirements, and based on the environmental characteristics of each area, the management and control key points of the seven major areas have been put forward in a targeted manner.

The “Three Lines and One Single” Ecological Environment Zoning Control Plan of Xinjiang Uygur Autonomous Region issued in February this year divided the whole area into seven major areas and 2 environmental control units.In order to strictly implement the requirements of the plan, the Autonomous Region Department of Ecology and Environment took the lead in organizing the preparation of the technical team on the basis of the autonomous region’s ecological environment access list, after thorough research and discussion, and extensive solicitation of opinions, formulated and issued the “Management and Control Requirements”.

7. In July, China’s aluminum production fell for the third consecutive month due to power shortages

News from Beijing, August 16th: Data released by the National Bureau of Statistics of China on Monday showed that China’s aluminum production fell for the third consecutive month in July, and the average daily output hit the lowest level since October 2020.

China produced 3.26 million tons of primary aluminum in July, a decrease of 0.9% from the 3.29 million tons in June, but a year-on-year increase of 7.4%.

The reason for the month-on-month decline in output is that Yunnan Province, which accounts for 10% of China’s aluminum production capacity, re-limited the power consumption of aluminum producers in July.Yunnan is rich in clean hydropower resources, but due to severe drought this year and pollution control measures, it has faced a shortfall in power supply and demand in the past month.

In addition, Guangxi is also tightening restrictions on electricity use for smelters this month. Analysts said this may shut down about 50 tons of annual production capacity.

2.1. Nanshan Aluminum: The production line with an annual output of 9 tons of power battery foil plans to trial production in September

Nanshan Aluminum: Ningde Times, BYD, Guoxuan Hi-Tech and other leading companies in the industry are all customers of the company’s power battery foil products.The battery foil currently produced by the company is converted from the original packaging production line. The dedicated power battery foil production line with an annual output of 2.1 tons is planned to enter trial production in September. After the project reaches production, the company’s high-quality power battery foil products can at least reach the annual output 9 tons.

XNUMX. Huatai Futures: Overview of the domestic secondary aluminum industry

After 2010 until now, large domestic secondary aluminum production enterprises have begun to emerge.And with the issuance of guidance documents such as the “Notice of the State Council on Printing and Distributing the “Thirteenth Five-Year” Ecological Environmental Protection Plan” and the “Notice on Promoting the Agglomeration and Development of Bulk Solid Waste Comprehensive Utilization Industry”, as of 2020, my country’s secondary aluminum production capacity will reach approximately To reach 1,200 million tons/year, the actual recycled aluminum output in 2020 is about 750 million tons.

At present, the ceiling of 4,500 million tons of electrolytic aluminum production capacity has been determined, combined with the current national policy of “carbon peak” and “carbon neutral”, compared with primary aluminum, secondary aluminum has significant advantages in energy saving and emission reduction in the production process ( Carbon emissions per ton of recycled aluminum are only 2.1% of that of primary aluminum per ton).Therefore, the annual output of 2025 million tons set in the “1,150th Five-Year Plan” in XNUMX will be completed with a high probability, or even be greatly exceeded.

However, the current secondary aluminum industry also has problems such as the gradual surplus of production capacity. In the future, it is not ruled out that the possibility of focusing on eliminating inefficient redundant production capacity will be eliminated.In addition, the lack of recovery channels will also increase the additional tax burden of secondary aluminum companies, which is mainly reflected in the problem of the inability to issue value-added tax input invoices.Finally, if the reasonable and efficient production capacity of recycled aluminum can continue to be put into use in the future, so as to continuously replace primary aluminum, then whether the raw material of recycled aluminum production will gradually become tense will also need to be monitored continuously.

7. National Bureau of Statistics: China’s primary aluminum output in July was 326 million tons, a year-on-year increase of 7.4%

News from the National Bureau of Statistics on August 16: The output of ten non-ferrous metals in July was 5.37 million tons, a year-on-year increase of 7.1%, and the output from January to July was 37.87 million tons, a year-on-year increase of 10.5%.

Among them, the output of primary aluminum (electrolytic aluminum) in July was 3.26 million tons, a year-on-year increase of 7.4%. The output from January to July was 22.89 million tons, a year-on-year increase of 9.5%

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