Currently, the aluminum industry is at a critical juncture of profound transformation and rapid development. From an industrial dynamics perspective, the global aluminum industry is actively responding to the call for green development, accelerating the transition to cleaner production. From an industrial status perspective, China dominates the global aluminum supply chain. However, China's dependence on bauxite imports remains high. Against this backdrop, US tariff policies have had a significant impact on the global aluminum industry. Facing the challenges posed by US tariffs, Chinese aluminum companies are actively seeking countermeasures. On one hand, they are accelerating their layout in the high-end aluminum sector, increasing R&D investment, and driving product transformation towards higher value-added products, such as aviation plates and power battery foils, whose exports are gradually increasing. On the other hand, they are vigorously developing the secondary aluminum industry, as the energy consumption of secondary aluminum is only 5% of that of primary aluminum, aligning with green development needs. Some companies are using transshipment trade through third countries like Malaysia and Thailand to reduce tariff costs. Others are actively applying for green certifications, reducing export costs through digital carbon management systems, and establishing hydropower aluminum bases in the southwest to increase the proportion of green electricity usage, thereby meeting international market demand for green aluminum products. From April 16-18, the AICE 2025 SMM (20th) Aluminum Industry Conference and Expo, hosted by SMM Information & Technology Co., Ltd., SMM Metal Trading Center, and Shandong Aisi Information Technology Co., Ltd., and co-organized by Zhongyifeng Jinyi (Suzhou) Technology Co., Ltd. and Lezhi Qianrun Investment Service Co., Ltd., was grandly held at the E3-F3 Hall of the Suzhou International Expo Center in Jiangsu! This summit will delve into and exchange views on hot topics such as the development trends of the global aluminum market, aluminum price forecasts, supply-demand balance, and business opportunities and technical exchanges. At the same time, it will explore how to promote the aluminum industry towards a cleaner, more efficient, and sustainable direction, jointly addressing global climate change and environmental challenges! This conference includes nine forums: the Alumina and Aluminum Raw Materials Forum, Aluminum Melting and Casting Technology Forum, Aluminum Die-Casting Industry Development Forum, Supply-Demand Exchange - Domestic and International Aluminum Scrap Supply-Demand Forum, Aluminum Plate/Sheet, Strip and Foil Industry Development Forum, Main Forum, Aluminum Industry Chain Sustainable Development Forum, Global Secondary Aluminum Industry Development Forum, and Industrial Aluminum Extrusion Forum. The conference also features guest speeches, SMM Price Seminar, roundtable discussions, conference dinner & awards ceremony, and other exciting segments! This article is a live text broadcast of the Alumina and Aluminum Raw Materials Forum, Supply-Demand Exchange - Domestic and International Aluminum Scrap Supply-Demand Forum, and Aluminum Plate/Sheet, Strip and Foil Industry Development Forum. Additionally, SMM will also provide live photo and video broadcasts. Please refresh to view~ Click to view the summit video live broadcast Click to view the summit photo live broadcast View the summit text report April 16 Conference Registration & Networking Alumina and Aluminum Raw Materials Forum Speech Topic: Introduction to Metro Mining, Potential Impact of Indonesia's New Alumina Production on China's Alumina Guest Speaker: Long Ding, General Manager of Asia Market Department, Metro Mining Ltd., Australia (09:00-09:25) Speech Topic: 2024 Global Alumina Market Price Review and 2025 Trends Guest Speaker: Mingxin Guo, Senior Bauxite Analyst, SMM (09:25-09:50) Speech Topic: How the Aluminum Industry Can Achieve Energy Saving and Carbon Reduction Through Technological Innovation Guest Speaker: Xuemin Liang, Distinguished Professor of Zhengzhou University, Leader of Aluminum Metallurgy Discipline, Executive Director (09:50-10:15) Speech Topic: How New Energy Enterprises Can Promote Green Electricity and Low-Carbon Transformation Guest Speaker: Kang Yi, Director of Industrial and Commercial ESS Solutions, Integrated Energy Business Department, CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. (10:15-10:40) Speech Topic: Comprehensive Energy-Saving Solutions for Fluid Delivery Systems in the Aluminum Industry Guest Speaker: Yuhong Liu, Senior Solutions Expert, Shanghai Ruichen Environmental Technology Co., Ltd. (10:40-11:05) Roundtable Discussion: Green Transformation of the Aluminum Industry - Development and Prospects of the Low-Carbon Aluminum Market Moderator: Yanchen Wang, General Manager of SMM London Office Panelists: Yi Sun, Deputy Chief Engineer, Shenyang Aluminum & Magnesium Engineering & Research Institute Co., Ltd. Jie Meng, Senior Expert, Aluminum Branch, China Nonferrous Metals Industry Association Dahai Meng, Head of Environmental Protection and Materials, NIO Bensong Chen, Chief Engineer (Aluminum), Yunnan Aluminum Co., Ltd. (11:05-12:00) Speech Topic: Research on Aluminum Price Changes in 2025 Under Green Transformation Guest Speaker: Jinyu Lin, Aluminum Industry Researcher, SPIC Aluminum Industry International Trade Co., Ltd. (13:30-14:20) Speech Topic: Optimization of Domestic Prebaked Anode Supply Structure and Demand Growth Forecast Guest Speaker: Wanting Wang, Market Analyst, Sunstone Development Co., Ltd. (14:20-14:50) Speech Topic: Graphitized Cathode Technology and Market Development Trends Guest Speaker: Zhaoyang Wang, General Manager, Luoyang Wanji Carbon Co., Ltd. (14:50-15:20) Speech Topic: How to Achieve Sustainable Development and Enhance Corporate Competitiveness Through ASI Certification Guest Speaker: Chu Zhou, Senior Technical Manager, Green and Low-Carbon Development Center, Zhongbiao Hexin (Beijing) Certification Co., Ltd. (15:20-15:30) Speech Topic: Supply-Demand Imbalance, Analysis of Calcined Coke Market Trends Guest Speaker: Zuoyou Wang, General Manager, Jining Jitan Import & Export Co., Ltd. (15:30-16:00) Speech Topic: Current Status of Domestic Petroleum Coke and Import Trend Analysis Guest Speaker: Huimin Liu, Senior Analyst of Aluminum Auxiliary Materials, SMM (09:00-09:25) Supply-Demand Exchange - Domestic and International Aluminum Scrap Supply-Demand Forum (09:00-12:00) Aluminum Plate/Sheet, Strip and Foil Industry Development Forum Speech Topic: Analysis of the Competitive Landscape and Hot Topics in China's Aluminum Plate/Sheet, Strip and Foil Industry Guest Speaker: Yuting Zhang, Senior Manager, SMM Consulting Division (13:30-14:00) Speech Topic: Rolling Process and Performance Challenges of Ultra-Thin Lithium Battery Aluminum Foil (≤10μm) Guest Speaker: Qian Wen, R&D Engineer, North China Aluminum New Material Technology Co., Ltd. (14:00-14:30) Speech Topic: Development Opportunities and Technical Requirements of Aluminum Alloy Automotive Plates Under Carbon Reduction Background Guest Speaker: Zhenshan Liu, Deputy General Manager, Chalco Materials Application Research Institute (14:30-15:00) Roundtable Discussion: Internal and External Challenges - Exploring New Paths for Aluminum Plate/Sheet, Strip and Foil Enterprises in the Mist Moderator: Bai Zhou, Executive Vice President, SMM Panelists: Wenjun Wu, Vice Chairman and General Manager, Wanji Holding Group Weixin Chen, Board Secretary, Jiangsu Dingsheng New Energy Materials Co., Ltd. Bingxu Ji, Chairman, Luoyang Longding Aluminum Co., Ltd. Zhigang He, Deputy General Manager, Henan Mingtai Aluminum Co., Ltd. (15:00-16:00) Speech Topic: Innovation-Driven: The Impact of Smart Factory Transformation on Plate/Sheet, Strip and Foil Enterprises Guest Speaker: Zengbing Fang, Deputy General Manager, Hefei Jingsong Intelligent Technology Co., Ltd. (16:00-16:30) Speech Topic: New Journey, New Breakthrough - Gränges Asia's Innovation Path in Medium-Thickness Plates Guest Speaker: Fenghua Gao, Senior R&D Engineer, Gränges Aluminum (Shanghai) Co., Ltd. (16:30-17:00) Click to view the AICE 2025 SMM (20th) Aluminum Industry Conference and Expo special report
Apr 16, 2025 08:42Introduction to Metro Mining and Current Status of Alumina Capacity Expansion in Indonesia Metro Mining Metro Mining, an Australian company, focuses on bauxite development and exports. Its core asset is the Bauxite Hills mine in Queensland, Australia, with a resource reserve of approximately 150 million mt and an annual capacity of around 4 million mt of bauxite. Its major clients are alumina refineries in China, the Middle East, and Southeast Asia, with the Chinese market accounting for over 70% of its sales. The company employs open-pit mining and benefits from proximity to ports (simplifying logistics), with cash costs ranking among the lowest in the global bauxite industry. The bauxite has an average alumina content of about 50%, with low impurities (low silicon content), making it suitable for China's high-temperature Bayer process. The company uses reclamation techniques to restore mine ecology and has committed to achieving carbon neutrality in mining operations by 2030. In recent years, it has expanded its resource reserves through acquisitions and exploration while exploring cooperation opportunities in emerging bauxite regions such as Guinea and Indonesia. Current Status of Alumina Capacity Expansion in Indonesia Since 2020, Indonesia has banned the export of raw bauxite ore, mandating local value-added processing (promoting the construction of alumina refineries). The country plans to build over 10 alumina refineries by 2025, with annual capacity exceeding 20 million mt. Indonesia has abundant bauxite reserves (approximately 1.2 billion mt), but the grade is relatively low (alumina content of 40%-45%), necessitating reliance on imported high-grade ore (such as Metro's Australian ore) for blending to improve efficiency. Operational Projects: Projects led by Chinese companies such as Hua Chin Aluminum (part of China Hongqiao Group) and Huafon Group in Indonesia. In 2023, Indonesia's alumina capacity was about 5 million mt, accounting for 5% of the global total. Projects Under Construction/Planning: Investments by international companies such as Rusal and EGA are expected to make Indonesia the world's third-largest alumina producer by 2025 (after China and Australia). Potential Impact of Indonesia's New Capacity on China 1. Changes in Market Competition Landscape • Import Substitution Effect China currently imports about 3 million mt of alumina annually (mainly from Australia). The release of Indonesia's capacity may divert some demand, reducing China's reliance on Australian ore. • Price Pressure Indonesia's low-cost alumina (benefiting from cheap energy and labor) may impact domestic alumina prices in China, squeezing profit margins for high-cost domestic producers. 2. Industry Chain Adjustments • Strategies for Chinese Alumina Companies Accelerate capacity relocation to Indonesia (e.g., Nanshan Aluminum and Chalco's projects in Indonesia) to avoid raw material import tariffs and stay close to resources. Enhance domestic refinery technologies (e.g., low-carbon electrolysis, waste heat recovery) to reduce costs. • Changes in Bauxite Trade Flows Increased local processing demand in Indonesia may reduce its bauxite exports, forcing China to diversify its import sources (Guinea, Australia, Vietnam, etc.). 3. Long-Term Challenges and Opportunities • Challenges Risks related to Indonesia's policy stability (e.g., adjustments to export bans, tax fluctuations) and infrastructure bottlenecks (insufficient port and power supply). • Opportunities China-Indonesia capacity cooperation under the Belt and Road Initiative may foster regional aluminum industry clusters (integrated mining-alumina-aluminum-processing). 4. Response Strategies Sign long-term offtake agreements with major Chinese aluminum companies (e.g., Chalco, Weiqiao) to secure demand; explore equity stakes in Chinese alumina refineries to bind downstream. Provide high-grade Australian bauxite to Indonesian refineries (compensating for local low-grade ore), with supply agreements already in place with multiple Indonesian smelters. Promote "customized blending solutions" to help customers optimize alumina extraction rates; invest in digital logistics systems to improve China-Indonesia shipping efficiency. More in-depth analysis will be unveiled at the Alumina & Aluminum Raw Materials Forum on April 16, 2025! Norman graduated from the Department of Mineral Processing at Imperial College London and holds an EMBA from CEIBS in China. Before joining Metro Mining, Norman served as Sales Manager at Rio Tinto Aluminum, President of Asia Pacific at British Hardware, and President of Asia Pacific at U.S. Unisys. Currently, Norman is the General Manager of Metro Mining's Asia Market Department. AICE 2025 SMM (20th) Aluminum Conference & Expo As a platform focusing on the integration of aluminum mining, smelting, metal processing, and end-use consumption, the event will kick off at the Suzhou International Expo Center from April 16-18, 2025. Alumina & Aluminum Raw Materials Forum As one of the most important forums of AICE 2025, the event on April 16, 2025, will center on topics such as overseas bauxite layout, the global alumina market, energy conservation and carbon reduction in the aluminum industry, Chinese aluminum companies going global, fluid delivery systems, green transformation in the aluminum industry, aluminum price fluctuations, prebaked anode supply structure, graphitized cathode technology, carbon footprint in the aluminum industry, and domestic petroleum coke and calcined coke markets, bringing an unparalleled event to the aluminum industry in the spring of the year.
Apr 7, 2025 10:14Market Status: Core Manifestation of Supply-Demand Imbalance Supply-Side Pressure Domestic calcined coke capacity was affected by environmental protection policies, dual controls on energy consumption and energy intensity, and fluctuations in raw material (petroleum coke) prices, leading to production cuts or restrictions in some enterprises and limited supply capability. In the international market, geopolitical conflicts (such as the Russia-Ukraine war) caused instability in the energy supply chain, driving up the cost of imported petroleum coke and further squeezing the profit margins of calcined coke. Demand-Side Divergence Prebaked Anode for Aluminum Production Industry: As the main downstream sector of calcined coke, the demand growth slowed due to capacity adjustments in the aluminum industry (capacity relocation or phase-out in some regions). Steel Industry: The demand for graphite electrodes remained relatively stable, but the push for low-carbon transformation in the steel industry (increased proportion of electric furnace steel) drove the demand for high-quality calcined coke. New Energy Sector: The demand for low-sulfur calcined coke from lithium battery anode materials grew rapidly, becoming an emerging growth point, but the high technical barriers led to increased market concentration. Expert Insights The calcined coke industry is undergoing structural adjustments, and enterprises need to closely follow policy, technological, and demand trends. By strengthening the supply chain, accelerating innovation, and globalizing their layout, they can balance short-term pressures and long-term opportunities. Future Market Trend Forecast 1. Short-Term (1-2 Years) The tight balance between supply and demand will persist, with prices fluctuating at high levels, and the premium ability of low-sulfur, high-value-added products will strengthen. Enterprises need to flexibly adjust procurement strategies and strengthen long-term agreement cooperation with upstream refineries and downstream customers. 2. Medium and Long-Term (3-5 Years) The demand share from the new energy sector (e.g., lithium battery anodes) will increase, driving the calcined coke industry toward refinement and high-end transformation. Enterprises with high technical barriers and compliance with environmental standards will dominate, and industry concentration will further improve. Strategic Recommendations 1. Optimize supply chain management, establish diversified raw material procurement channels to hedge against geopolitical and price fluctuation risks, and explore equity cooperation or long-term agreements with high-quality overseas petroleum coke suppliers. 2. Technological upgrades and product differentiation, increase R&D investment in low-sulfur calcined coke and high-end graphite electrode coke to enhance product value-added, and promote energy-saving transformation of calcination processes to reduce carbon emission intensity and meet domestic and international green trade requirements. 3. Adjust market layout, deepen presence in emerging aluminum markets such as Southeast Asia and the Middle East to expand export share, and establish strategic partnerships with top-tier lithium battery anode enterprises to seize opportunities in the new energy sector. More in-depth analysis will be unveiled at the Alumina & Aluminum Raw Materials Forum on April 16, 2025! Expert Introduction Topic: Supply-Demand Imbalance, Calcined Coke Market Trend Analysis With 18 years of experience in the import and export of carbon used in aluminum production, familiar with the production processes of carbon materials such as petroleum coke, calcined petroleum coke, coal tar pitch, and prebaked anode, understanding the demand for carbon used in aluminum production and the market, proficient in import and export trade operations, and familiar with port logistics and chartering. AICE 2025 SMM (20th) Aluminum Conference & Aluminum Industry Expo Deeply rooted in the upstream and downstream of the industry, as an industrial exchange platform integrating aluminum mining and smelting, metal processing, and end-use consumption, it will kick off at the Suzhou International Expo Center from April 16-18, 2025. Alumina & Aluminum Raw Materials Forum As one of the most important forums of AICE 2025, on April 16, 2025, it will focus on overseas bauxite layout, the global alumina market, energy-saving and carbon reduction in the aluminum industry, Chinese aluminum enterprises going global, fluid delivery systems, green transformation of the aluminum industry, aluminum price changes, prebaked anode supply structure, graphitized cathode technology, carbon footprint of the aluminum industry, domestic petroleum coke market, and calcined coke market, bringing an unparalleled event to the aluminum industry in the spring of the year.
Mar 27, 2025 18:35Current State of the Domestic Prebaked Anode Industry Trend of Supply Structure Optimization 1. Capacity Concentration: The industry is accelerating the elimination of outdated capacity, with top-tier enterprises (such as Sunstone Development) expanding market share through technological upgrades and mergers and acquisitions, leading to a continuous increase in the CR10 share. 2. Green and Low-Carbon Transition: Driven by policies, prebaked anode production is upgrading towards lower energy consumption and emissions, with an increased application ratio of clean energy (such as green electricity), promoting structural adjustments in the industry. 3. Regional Layout Optimization: Capacity is gradually concentrating in regions with energy cost advantages or proximity to downstream aluminum bases, reducing logistics costs. Changes in Competitive Landscape Complementary prebaked anodes and commercial prebaked anodes form a differentiated competition based on cost, with leading enterprises in commercial prebaked anodes, such as Sunstone, capturing incremental markets through technological and service advantages. The export market is boosted by the expansion of overseas aluminum capacity, enhancing the international competitiveness of domestic top-tier enterprises. Drivers of Demand Growth 1. Boost from the Aluminum Industry Under the "ceiling" restriction on domestic aluminum capacity, replacement of existing capacity and technological upgrades (such as large current electrolytic cells) are increasing the demand for high-quality prebaked anodes. The growth in aluminum consumption driven by new energy (PV, NEVs) and ultra-high voltage power grid construction indirectly boosts the demand for prebaked anodes. The increase in the proportion of secondary aluminum has a limited impact on anode consumption (secondary aluminum production has low energy consumption, but anode demand is still strongly related to primary aluminum capacity). 2. Incremental Overseas Market Electrolytic aluminum capacity expansions in the Middle East and Southeast Asia, Chinese prebaked anode exports rely on cost-effectiveness, but need to address trade barriers (such as carbon emission taxes). Future Challenges and Opportunities 1. Core Challenges Cost Pressure: Fluctuations in raw material prices, such as petroleum coke and coal tar pitch, require companies to reduce costs through supply chain management and process optimization. Technological Barriers: Downstream requirements for anode consistency and conductivity are increasing, making the development of highly adaptable, long-life anodes a key competitive factor. Policy Risks: Environmental protection-driven production restrictions and dual controls on energy consumption and energy intensity may disrupt the pace of regional capacity releases. 2. Growth Opportunities Catalyzed by the "dual carbon" goals: Companies leading in green electricity integration and carbon footprint management are expected to receive policy support and customer premiums. Integrated Layout: Vertically extending into the petroleum coke supply chain or horizontally expanding into lithium battery anode materials (with some process synergies) to enhance anti-cyclical capabilities. Overseas Plant Construction: Following Chinese aluminum enterprises going global (such as in Indonesia and the Middle East), establishing overseas anode capacity to circumvent trade barriers. Industry Forecast Short-term (2024-2025): Domestic demand growth is expected to stabilize (around 3-5%), while export growth will remain high (8-10%), with profits concentrating among top-tier enterprises. Long-term (to 2030): Global prebaked anode demand is expected to have a CAGR of about 4%, with China accounting for over 60%, and the supply structure further tilting towards efficient and green capacities. The industry is entering a phase of refined competition, where the ability to iterate technology and control costs will determine a company's competitive edge. Breaking through domestic capacity bottlenecks requires an international layout, and the application of green electricity is the core path to reducing carbon costs. Expert Introduction Master of Science from the University of Connecticut, graduated from the FRM program, ranked first in the US for financial risk management by The Financial Engineer magazine. Currently serving as the Chief Analyst at the Industrial Information Center of Sunstone Development Co., Ltd., with years of experience in prebaked anode industry chain research. Research areas include strategic analysis of the prebaked anode industry, policy analysis, market operation and price analysis, maintaining long-term cooperation and exchange with major global aluminum companies and international consulting institutions, deeply understanding industry dynamics and operational patterns. The supply and demand judgments and price-cost models for prebaked anodes are widely recognized by international clients. AICE 2025 SMM (20th) Aluminum Industry Conference and Exhibition Focusing on the upstream and downstream of the industry, as a platform for industrial exchanges integrating bauxite mining, metal processing, and end-use consumption, it will open at the Suzhou International Expo Center from April 16-18, 2025. Alumina & Aluminum Raw Materials Forum As one of the most important forums of AICE 2025, on April 16, 2025, it will focus on topics such as overseas bauxite layouts, the global alumina market, energy-saving and carbon reduction in the aluminum industry, Chinese aluminum enterprises going global, fluid transportation systems, green transformation in the aluminum industry, changes in aluminum prices, prebaked anode supply structures, graphitisation cathode technology, carbon footprints in the aluminum industry, the domestic petroleum coke market, and the calcined coke market, bringing an unparalleled event to the aluminum industry in the spring.
Mar 24, 2025 16:13[SMM Prebaked Anode Weekly Review: Petroleum Coke Decline Eases Prebaked Anode Costs, Strong Demand Boosts High Operating Rates in the Industry] Recently, petroleum coke prices have continued to decline, with a particularly noticeable drop in prices from local refineries. Although restocking and stockpiling by enterprises at the beginning of the month provided some support, the price reductions at local refineries triggered a wait-and-see sentiment among downstream buyers, which to some extent suppressed upward momentum in prices. As a result, the overall market price has struggled to show a significant upward trend, instead remaining relatively stable at high levels with a slight weakening tendency. This has gradually loosened cost-side support for prebaked anodes. According to SMM data, as of March 6, the cost of prebaked anodes in China had dropped to 6,032 yuan per mt, a decrease of 0.47% compared to last Thursday.
Mar 6, 2025 15:49[SMM Prebaked Anode Weekly Review: Costs Eased but Support Remains Firm, Enterprises Face Profitability Challenges] Market dynamics: This week, the petroleum coke market showed a slight downward trend, with prices from local refineries declining significantly. This price fluctuation led to some easing in the production costs of prebaked anodes. According to SMM data, as of February 27, the cost of prebaked anodes in China had dropped to 6,061 yuan/mt, down 0.87% compared to the Thursday before the holiday. Notably, SMM reported that a major domestic prebaked anode sales company had finalised its sales pricing for March 2025, up 1,381 yuan/mt MoM. Meanwhile, the tender price for March from a major aluminum enterprise in Shandong has not yet been finalised. However, preliminary information indicates that this tender price has not fully adjusted in line with fluctuations in the raw material market. This situation has posed significant challenges for prebaked anode enterprises in terms of cost control and profit margins, and the future market trend warrants close attention.
Feb 27, 2025 16:40[SMM Prebaked Anode Weekly Review: Slight Divergence in Raw Material Market Trends, Prebaked Anode Cost Support Remains Firm] During the week, although raw material market trends showed slight divergence, the cost side support for prebaked anodes remained exceptionally firm. According to SMM data, as of February 20, the cost of prebaked anodes in China reached 6,114 yuan/mt, up 0.25% compared to the Thursday before the holiday. Recently, the significant increase in raw material costs has brought considerable production pressure to enterprises. However, supported by strong downstream demand, enterprises have maintained a high level of operating rates.
Feb 20, 2025 16:54[SMM Prebaked Anode Weekly Review: Stable Operation in Prebaked Anode Supply and Demand, Rising Raw Material Petroleum Coke Prices Strengthen Cost Support] During the week, raw material petroleum coke continued to strengthen, boosting the increasing cost of prebaked anodes. According to SMM data, as of January 9, the cost of prebaked anodes in China was 4,321 yuan/mt, up 0.8% from last Thursday. During the week, petroleum coke prices rose slightly due to reduced supply support, and with the Chinese New Year holiday approaching, some enterprises still had minor stockpiling demand. In the short term, petroleum coke prices are expected to rise slightly. Coupled with the stable operation of prebaked anode supply and demand, prebaked anode prices are expected to remain stable in the short term.
Jan 9, 2025 15:11[SMM Prebaked Anode Weekly Review: Stable Operation in Prebaked Anode Supply and Demand; Rising Raw Material Petroleum Coke Prices Strengthen Cost Support] During the week, raw material petroleum coke continued to strengthen, boosting the cost of prebaked anodes. SMM data shows that as of January 9, the cost of prebaked anodes in China was 4,321 yuan/mt, up 0.8% from last Thursday. During the week, petroleum coke prices rose slightly due to reduced supply, and with the Chinese New Year holiday approaching, some enterprises still had minor stockpiling demand. In the short term, petroleum coke prices are expected to rise slightly. Coupled with the stable operation of prebaked anode supply and demand, prebaked anode prices are expected to remain stable in the short term.
Jan 9, 2025 15:11
SHANGHAI, Mar 27 (SMM) – The benchmark purchase price in March was 5,895 yuan/mt.
Mar 27, 2023 10:51