LME aluminium stocks declined by more than half during the first nine months of 2026, falling by 267,875 tonnes from 509,250 tonnes on January 2 to 241,375 tonnes on September 30 (52.6 per cent). The decline continued throughout the period, with average warehouse inventories falling each month. Compared with the same period in 2025, monthly average stocks were lower across all nine months, with the gap widening in the third quarter. Q1 LME aluminium stocks fall 18.2 per cent LME aluminium inventories continued to decline during Q1 2026. Month-end stocks fell from 495,725 tonnes in January to 465,550 tonnes in February, before dropping further to 416,775 tonnes in March. Monthly average inventories stood at 498,670 tonnes in January, 481,801 tonnes in February and 440,710 tonnes in March....
The London Metal Exchange (LME) aluminium price chart reported declines on the November 10 trading session after a temporary surge at the November 9 close. Both near-term and longer-dated contracts posted over 1 per cent dip over the previous session. The LME aluminium cash bid as well as offer prices contracted 0.32 per cent day-on-day on November 10. The bid shifted from USD 3,145 per tonne to USD 3,135 per tonne. The offer price dipped from USD 3,147 per tonne to USD 3,137 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid price reported a 1.11 per cent decline from USD 3,059 per tonne on November 9 to USD 3,025 per tonne on...
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Benchmark aluminium price on London Metal Exchange dropped by US$ 3.5 per tonne from US$ 1464 per tonne to US$ 1460.5 per tonne, as of Thursday, April 30. Both LME aluminium cash (bid) price and LME official settlement price declined from US$ 1464 per tonne on April 29 to US$ 1460.5 per tonne on April 30. 3-months bid price and 3-months offer price also decreased from US$ 1504 per tonne to US$ 1498 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1624.5 per tonne compared to US$ 1629.50 per tonne on the previous day. The LME aluminium opening stock stood at 1346200 tonnes. Live Warrants totalled 1186625 tonnes, while Cancelled Warrants 159575 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1507.51per tonne. SHFE Aluminium Price Trend Shanghai...
Lenovo M2 electric scooter has been unveiled in China. The electric scooter is currently available for pre-order and it is offered in two colour options. Moreover, the M2 electric scooter weighs 12kg and can attain a top speed of 25kms per hour. Lenovo claims the scooter takes between 3 to 4 hours to fully charge. As per the information available on the Lenovo website, the M2 electric scooter is available in Black and White colour options. Currently, the Lenovo M2 electric scooter is available in China. It is unlikely the new electric scooter by Lenovo will launch in India as well and other nations of the world. The body of the Lenovo M2 is built using an aluminium alloy and the scooter is also rated for IP54 protection. As mentioned, the Lenovo M2 electric scooter can attain a top speed...
According to Shanghai Metals Market, the aluminium billet inventories have extended decline over the week ending Thursday, April 30, as brisk consumption has lowered stocks in Wuxi, Huzhou, and Changzhou. SMM data shows the stocks of 6063 aluminium billet have plunged by 16,3000 tonnes across five major consumption areas in China, marking the eighth consecutive week of decline. The billet inventories are thus, currently standing at 129,400 tonnes, following the decline of 19,300 tonnes last week. The chart below indicates the current status of aluminium billet inventories across China in more details: As the chart above shows, the inventories in Wuxi, Changzhou, Huzhou, and Nanchang have decreased by 15,180 tonnes, 5,080 tonnes, 2,000 tonnes, and 300 tonnes to stand respectively at 25,300...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to trend lower for the fourth consecutive week on strong demand and fewer arrivals. Inventories stood at 1.204 million tonnes in the week ended April 30, down 155,000 tonnes from the previous week. The chart below shows the current status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi, Shanghai, and Nanhai decreased by 53,000 tonnes, 9,000 tonnes and 40,000 tonnes from April 23 to stand at 524,000 tonnes, 158,000 tonnes and 246,000 tonnes on Thursday, 30 April 2020. Inventories in Hangzhou came in at 120,000 tonnes, a drop of 15,000 tonnes from last week. Stocks of primary aluminium in...
Ecuador is a country straddling the equator on South America’s west coast. Ecuador's economy has been one of the most stable in the Latin American continent. The country has enjoyed a healthy economy supported by the dollarization regime the country uses the US dollar for its currency—and high oil prices. Ecuador has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. The Bauxite import market of Ecuador has remained very much unstable though there is growth; still, it continues to be an un-predicted market. The total bauxite market of the nation during 2017-19 has been recorded only 30,835 tonnes and the expenditure stood at $3.96 million. The projected import for 2020 has been analyzed at 10,609...
As a small effort to expand the product line in a more sustainable and eco-friendly way, Genelac, the global leader in professional loudspeakers, has re-launched some of its popular models in Studio, AV, and Home Studio ranges with special RAW aluminium colour finish. The models are primarily produced from recycled aluminium, similar to what we find in drink cans. They contain less finishing material and no painting to allow the beauty of the enclosure’s raw aluminium to shine through and to give each speaker a distinctive look. All the models feature the timeless Minimum Diffraction Enclosure (MDE) design, developed by Genelec in close collaboration with leading industrial designer Harri Koskinen. They are all two-way designs and include the 8020, 8030 and 8040 nearfield studio monitors,...
Fast Company has selected Ball aluminium cup as the winner in the consumer products category. Ball Corporation's aluminium cup has been recognized in Fast Company's 2020 World Changing Ideas Awards. The awards, now in its fourth year, honour products, concepts, companies, policies, and designs that are pursuing innovation for the good of society and the planet. "We are honored that Fast Company recognized the Ball Aluminum Cup™ as a world changing idea," said Daniel W. Fisher, senior vice president and chief operating officer, Global Beverage Packaging. "We designed the cup to provide consumers with a better, more sustainable way to enjoy their favourite beverages while helping to alleviate pollution associated with single-use plastic cups. We look forward to ramping up production of the...
Rusal’s alumina refinery in Ukraine’s Mykolaiv announced on Wednesday, April 28, that it might have to temporarily stop production as Ukrainian customs authorities blocked access to bauxite supplies. The refinery, located near Ukraine’s Black Sea coastline, primarily relies on overseas bauxite and exports alumina from its production to Rusal’s aluminium smelters in Siberia. Besides, the Black Sea customs authority is hindering the import of bauxite raw materials into Ukraine, which is also adding up a cause for the critical decline in bauxite stocks at the refinery. “The Mykolaiv alumina plant operates entirely in line with Ukrainian law as it stands,” the business said in a statement. However, Ukraine’s customs declined to comment in this regard. The alumina refinery employs around 3,500...
Aluminium Corp of China Ltd, known as Chalco, reported aluminium sales of 860,000 tonnes in the first quarter of 2020. That was down 9.5% from 950,000 tonnes a year earlier on lower demand due to coronavirus outbreak, according to a datasheet for analysts reviewed by Reuters. The output of aluminium stood at 950,000 tonnes, unchanged from last year as smelters kept rates high during the epidemic, lifting inventories. Alumina production came in at 3.57 million tonnes, an increase of 1.8%. Chalco remains the world’s second-biggest listed aluminium maker, ahead of Rusal. Rusal posted aluminium production of 940,000 tonnes for the first quarter. Chalco earlier this week announced that the company’s net profit declined year-on-year on lower sales due to the coronavirus outbreak. The company’s...
The U.S. has proposed rules to track aluminium imports more minutely, in a way that could address industry demands to barrier Chinese supply that evades tariffs. The Donald Trump administration’s import tariff is imposed towards aiming to protect against the excess foreign supply of the metal, concerns have persevered that aluminium from the world’s biggest producer, China, is still engulfing into the market. Some Chinese supplies are first sent to another nation that is free from duty. It’s then melted and reformed before being shipped again, concealing its true origin. Criticism about surplus metal entering the U.S. via such transhipment and re-labelling to sidestep trade laws has preceded the Trump administration. As per the proposed new U.S. rules, importers will be required to...
The US dollar declined on Wednesday. The dollar index, which tracks the greenback against a basket of other currencies, dipped 0.02% and ended at 99.501. LME aluminium went flat and SHFE aluminium advanced 1%. Benchmark aluminium price on London Metal Exchange dropped 0.07% per cent to US$ 1464 per tonne on Wednesday from US$ 1465 per tonne on Tuesday. As of Wednesday, April 29, LME aluminium cash (bid) price stands at US$ 1464 per tonne, LME official settlement price stands at US$ 1464 per tonne; 3-months bid price stands at US$ 1504 per tonne, 3-months offer price is US$ 1504 per tonne; Dec 21 bid price stands at US$ 1629.50 per tonne, and Dec 21 offer price stands at US$ 1629.50 per tonne. The LME aluminium opening stock stood at 1346775 tonnes. Live Warrants totalled 1196625 tonnes,...
The average alumina spot price has continued to grow, but slower than the previous day, according to Shanghai Metals Market. On Thursday, April 30, the price has increased by RMB 26 per tonne or at 1.19 per cent growth rate to stand at RMB 2,209 per tonne, compared to the growth of RMB 40 per tonne on Wednesday, April 29, as per the SMM data. In the north, the price has seen the highest growth of RMB 40 per tonne to come in at RMB 2,225 per tonne, as of April 30, followed by East and Central, where the average alumina spot price has grown by RMB 25 per tonne and RMB 20 per tonne to hover at RMB 2,200 per tonne. In the south, however, the price has remained restrained at RMB 2,520 per tonne. The imported alumina price has also registered a growth today after remaining restrained at RMB...
Mahindra & Mahindra Limited, an Indian multinational automobile manufacturing corporation headquartered in Mumbai, India, develops a mHawk range of engines. It is a significant engine for the company and has been enhancing over the years. The Scorpio is known to be very famous in rural areas. It is also used to go unpaved paths, so a powerful engine is needed for this. In recent times, the engine has made a transition to fit the BS6 emission norms. The car lost the 2.5-litre diesel engine. But this engine was outdated, and the 2.2-litre mHawk has also gotten a power upgrade. The car now produces an impressive 140 bhp and 250 nm of torque. This is a significant power upgrade from the previous engine that produced 120 bhp. The mHawk range of diesel engines brought in the capability of...
The Salzburger Aluminium Group (SAG), the makers of aluminium tanks for commercial vehicles and producer of aluminium components, headquartered in Austria, is strongly unified into the international supply chains of OEMs, and therefore the close down on customer side also made it necessary to temporarily shut down the SAG plants in Austria, France, Spain, the Netherlands, Sweden and Slovakia. The sites in Mexico were not only affected by the shutdown. The re-start of the production by the European OEMs is now also activating the resumption of SAG. In close cooperation with customers, the plant in France has already resumed their production. The other sites will follow at the beginning of May. The long-term supply agreements (LTAs) with the major global commercial vehicle manufacturers...
Constellium reported results for the first quarter ended March 31, 2020. Revenue stood at €1.4 billion, down 6% year-on-year due to lower shipments and lower metal prices, partially offset by improved price and mix across all three segments. Shipments were 393 thousand tons, a decrease of 5% due to lower shipments in all three segments. Net loss stood at €31 million. Adjusted EBITDA increased by 9% YoY to €147 million on improved results in the Packaging and Automotive Rolled Products and the Automotive Structures and Industry segments. Jean-Marc Germain, Constellium’s Chief Executive Officer said, “The Covid-19 pandemic has introduced a new set of challenges for Constellium, but we remain confident in our ability to navigate through the crisis. Our first priority is the health and safety...
According to the latest USGS data, the United States in February 2020 extended its export volume of aluminium scrap by 3,000 tonnes to 149,000 tonnes. In January, the country’s aluminium scrap exports had come in at 146,000 tonnes after increasing by 6,000 tonnes or 4.28 per cent from 140,000 tonnes in December 2019. But the US exports in December had seen a drop of 7.28 per cent, as the export volume in November was 151,000 tonnes. During January-February, the total aluminium scrap exports by the United States were 294,000 tonnes. India was the leading destination for the United States aluminium scrap exports in February. The former bought 32,900 tonnes of scrap in February compared to 28,900 tonnes a month ago. This means India’s aluminium scrap imports from the US rose 14 per cent...
The Alkaline Water Company Inc. has reportedly received its largest order to date for new 500-ml environmentally friendly aluminium bottles. The company has delivered 300,000 bottles to two regional customers located in the California and Texas markets until now. Since the launch in February, The Alkaline Water Company has been showing a keen interest in this innovative and truly sustainable offering. The company in its press release said, “While still early in the cycle, we see backlog building for this product that is being well received by our consumers. In addition, we are seeing retailers increase shelf space for eco-friendly merchandise as consumer demand for sustainable packaging options continues to grow. As such, our brand extension to aluminium bottles has been very timely. As a...
Georgia strategically located at the crossroads of trade and commerce between East and West. The country is ideally positioned to access markets of Asia and Europe, as well as the Middle East and the CIS countries. Young talent pool, business-friendly regulations, a favourable tax and customs framework and relatively low-cost work environment have played a key role in developing the manufacturing sector in Georgia. Georgia enjoys Deep and Comprehensive Free Trade Area with the EU, Free Trade Agreements with Turkey, Ukraine, China (including Hong-Kong), EFTA and CIS countries as well as Generalized System of Preferences (GSP) with the USA, Canada and Japan. The Georgian aluminium scrap export market has recorded a rapid growth during 2017-19 as the total volume stood at 9544 tonnes and the...
