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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Aluminium imports by the US for consumption stood at 563,000 tonnes in January-February 2020, down 39.79% from 935,000 tonnes in January-February 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. In February, the US imported 238,000 tonnes of aluminium, a decrease of 46.76% from 447,000 tonnes in February 2019. The US imports of crude metal and alloys decreased 26.76% year-on-year to stand at 208,000 tonnes in February 2020. Crude metal and alloys import were 284,000 tonnes in February 2019. On a month on month basis, imports dropped 40% from 347,000 tonnes. In the first two months of 2020, the US imported 494,000 tonnes of crude metal and alloys as compared to 583,000 tonnes in the first two months of 2019, which indicates a 15.27% decrease...
India's aluminium producers have urged the government to reduce tariffs and support them, forecasting that the domestic consumption will fall as Chinese imports swirls amid COVID-19 outbreak. India’s aluminium consumption is surmounted to reduce by 1.5-2 million tonnes in FY21 as the epidemic has substantially diminished the demand from consuming industries. <iframe width="500" height="300" src="https://www.youtube.com/embed/6YnVwRDEdgs" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> As per the Indian Aluminium Industry: “Earlier, the Indian aluminium industry was mulling for capacity expansion to meet the growing aluminium demand. But with Covid-19 outbreak, the market sentiment is quite low and there is a need...
The US dollar declined on Monday, April 27. LME base metals ended mixed Monday. LME aluminium fell 0.5% and SHEF aluminium rose 1.1%. Benchmark aluminium price on London Metal Exchange dropped 0.03 per cent to US$ 1472.5 per tonne on Monday, April 27, from US$ 1473 per tonne on Friday. As of Monday, April 27, LME aluminium cash (bid) price stands at US$ 1472.50 per tonne, LME official settlement price stands at US$ 1472.50 per tonne; 3-months bid price stands at US$ 1509.50 per tonne, 3-months offer price is US$ 1509.50 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 1336775 tonnes. Live Warrants totalled 1186950 tonnes, and Cancelled Warrants were 149825 tonnes. LME aluminium...
Extending the growth by RMB 10 per tonne today, on April 28, the average alumina spot price in China has come in at RMB 2,143 per tonne, found Shanghai Metals Market. In the east and central, the alumina price has gained RMB 10 per tonne as well to come in at RMB 2,135 per tonne. The average prices there are expected to range between RMB 2,120 per tonne and RMB 2,150 per tonne. In the north, the alumina price growth is slightly lower at RMB 5 per tonne, bringing the price at RMB 2,150 per tonne, while that in the south has remained restrained at RMB 2,520 per tonne. The imported alumina price has grown by RMB 25 per tonne to RMB 2,100 per tonne, as of April 28, according to SMM. The Australian alumina FOB price, on the other hand, has not registered any change today from US$ 227 per...
Talga Resources, battery anode, and graphene additives developer has made public that it has been approved for Innovate UK co-funding to support the development of an e-axle designed for Bentley Motors. The OCTOPUS project aims to deliver the ultimate single unit e-axle solution designed specifically to meet Bentley Motors' performance specifications via optimized motor and power electronics technology and materials. The project is funded under the Office for Low Emission Vehicles’ and Innovate UK’s “IDP15: The Road to Zero-Emission Vehicles” competition. Under the project Talga will develop and provide graphene materials for the high-performance electric motor windings to deliver an aluminium-based solution aimed at outperforming, and ultimately replacing, the copper windings currently...
Bauxite imports by China increased 10.6 per cent in March to total at 10.01 million tonnes from a year ago and also faster than 9.64 per cent growth rate in the January-to-February period, found China’s General Administration of Customs data. In the first two months of the year, China imported 18.4 million tonnes of bauxite. The Republic of Guinea was the leading exporter then, supplying 8.93 million tonnes in two months. In March as well, the Republic of Guinea remained the biggest bauxite exporter to China, with a total supply of 4.45 million tonnes. China’s primary aluminium imports neither lagged in recording a hike in March. The customs data found China’s aluminium imports in March grew 35 per cent year-on-year to 5,409 tonnes. Of this, Russia accounted for 2,600 tonnes, as the...
Vedanta has increased the aluminium ingot price by nearly 1% for the third time in a row. With effect from April 25, the prices of some ingots are in the range of INR 131,500-144,500 per tonne. This marks an increase of INR1500 per tonne from INR 130,000-143,000 per tonne on April 21. With the latest hike, Vedanta is now selling billet at INR 139,500 per tonne, a hike of INR 1500 per tonne or 1.09% from INR 138,000 per tonne on April 21. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The three-month futures of aluminium are down more than 18% so far in 2020 due to slower global demand following the coronavirus outbreak. Vedanta’s aluminium business typically accounts for one-third of the company’s...
Ardagh Group, a global supplier of infinitely recyclable, metal and glass packaging for the world’s leading brands, announced its results for the first quarter ended March 31, 2020. The Group reported revenue of $1,622 million in the three-month period, unchanged on the prior year at constant currency. Paul Coulson, Chairman and Chief Executive, said “First quarter results were in line with our expectations, with no material impact from COVID-19. The commitment and dedication of our teams during this challenging period has been outstanding, enabling all our production facilities to continue to serve the beverage and food supply chain. It is too early to assess the macroeconomic impact of the pandemic and, accordingly, we are withdrawing our 2020 financial guidance. However, our defensive...
Social inventories of primary aluminium ingots have continued to trend lower over the weekend ended Monday, April 27, on robust demand and subdued supply, according to Shanghai Metals Market. SMM data shows the primary aluminium ingots stocks have decreased by 76,000 tonnes across eight major consumption areas in China, including SHFE warrants, from last Thursday, to stand at 1.283 million tonnes. The chart below shows the current status of the primary aluminium inventories across China in more details: As the above chart shows that among all the major Chinese provinces, Gongyi has seen the highest decline in primary aluminium inventories over the weekend by about 24,000 tonnes to stand at 94,000 tonnes, followed by Nanhai 21,000 tonnes to come in at 265,000 tonnes. In Wuxi, the stocks...
Aluminium du Maroc, specializing in the design and manufacturer of aluminium alloy profiles for building and industry in Morocco, stated in their financial result that its net profit in 2019 stood at MDH 60.1 million, an increase by 4.7% compared to 2018. This change is explained by the 2019 financial result (+9.1 MDH) in clear appreciation compared to 2018 (-5.5Mdhs) and the current result which includes the disposal of the stakes in the company Alucoil Maroc. The operating income reached 60.3 MDH, down 22% compared to 2018, mainly due to the non-renewal of the reversals of exceptional provisions made in 2018, while turnover rose to 893.1 MDH, down 2% compared to the end of 2018. The Moroccan aluminium company said the in regards distribution of dividends, the unprecedented health...
National Aluminium Co Ltd has cut the prices of its aluminium ingots for the fourth time in a row. With effect from Thursday, April 23, the prices of ingots came in at INR 142,150-145,650 per tonne, down nearly 1% from 143,150 per tonne-146,650 per tonne on April 17. With the latest cut, the price of aluminium billets now stands at INR 145,600 - 148,250 per tonne, down from INR 146,600 - INR 149,250 per tonne. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The contract is down more than 18% so far in 2020 due to slower global demand following the coronavirus outbreak. Aluminium products and alumina account for nearly two-thirds of NALCO's gross topline, while the sales of chemicals contribute to the...
Romania is a south-eastern European country known for the forested region of Transylvania, ringed by the Carpathian Mountains. The economy of Romania is a fast developing, upper middle income mixed economy with a very high Human Development Index and a skilled labour force. The demand for aluminium in Romania has been showing a positive mark due to the auto industry, electronics, and electrical products industry, etc. The Romanian import market for has been reflecting unsettled during 2017-2019, as the total import volume stood at 4.44 million tonnes and the expenditure remained at $158.53 million. The projected import volume for 2020 stood at 1.37 million tonnes and the foreign revenue expenditure to stand at $54.36 million. When added the figures with the previous three years it...
Rusal has launched the first-quarter production results of 2020, wherein it posted that its bauxite output decreased by 11.2 per cent from the previous quarter to stand at 3.58 million tonnes, attributing to to the suspension of operations of business in Guyana, as announced at the beginning of February 2020. Alumina production also plunged, but lesser than bauxite. Its output stood at 2.01 million tonnes after declining by 1.8 per cent from Q4 2019. The Company’s Russian operations accounted for 35 per cent of the total alumina output. Rusal's aluminium production came in at nearly 940,000 tonnes in Q1 2020, down 0.9 per cent from Q4 2019. The company's Siberian smelters represented 93 per cent of total aluminium output in the said period. Aluminium sales amounted to 914,000 tonnes,...
Average spot alumina price has continued their upward track and stood at RMB 2133 per tonne on Monday, 27 April 2020, registering an increase of 0.38% from RMB 2125 per tonne. The alumina prices remain unchanged across all major markets in China, except south. The average prices of Alumina-East, Alumina-Central, and Alumina-North have increased by RMB 10 per tonne each to stand at RMB 2125 per tonne, RMB 2125 per tonne, and RMB 2145 per tonne. Their average prices are expected to range at RMB 2100-2150 per tonne, RMB 2100-2150 per tonne, and RMB 2120-2170 per tonne. The price in South remains unchanged at RMB 2520 per tonne. A00 aluminium ingot price has increased by RMB 50 per tonne from its earlier price of RMB 12460 per tonne. The price now stands at RMB 12510 per tonne. The price is...
The US dollar edged lower against the euro on Friday, April 24, ending a four-day winning streak, but broader concerns about the euro's outlook kept dollar bears at bay. The dollar index, which tracks the greenback against a basket of other currencies, lost 0.28 per cent to 100.22, after hitting its highest level since April 7 at 100.87. As of Friday, April 24, both LME aluminium cash (bid) price and LME official settlement price dipped marginally to US$ 1473 per tonne from US$ 1473.50 per tonne on Thursday, April 23. 3-months bid price and 3-months offer price also plunged slightly from US$ 1509.50 per tonne to US$ 1508 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1629 per tonne compared to US$ 1632 per tonne on the previous day. The LME aluminium opening stock rose...
According to the latest report from the US Geological Survey, US domestic primary aluminium production was 88,000 tonnes in February 2020. The average daily production stood at 3,030 tonnes, slightly less than that in February 2019. The output was slightly more than that in January. Total aluminium recovered from scrap was 278,000 tonnes in February. That was 3% more than the amount in January and slightly more than the amount in February 2019. Of this, 157,000 tonnes of aluminium was recovered from new scrap and 122,000 t was recovered from old scrap. In February, the average U.S. spot market price of primary aluminium ingot was $0.905 per pound, 4% less than that in January. Inventories of primary aluminium in LME-approved warehouses in the United States decreased to 3,725 tonnes at the...
Kaiser Aluminium the American aluminium producer slashes its 2020 revenue forecast from the airline industry. The aluminium company has dropped its forecast for revenue from the commercial airline industry this year as a sharp decline in air travel due to the COVID-19 pandemic and a slip down effect across the industry. The US aluminium firm is considered as an essential business organisation in the country. It forecast that its commercial aerospace value-added revenue might fall approx. 20-25% in 2020 compared with record levels last year. During the normal market scenario, commercial aerospace denotes roughly 33% of Kaiser’s consolidated value-added revenue. In 2019, the company reported a value-added revenue of $856 million. Kaiser produces value-added plate, sheet and extruded...
The COVID19 impacts have brought in a lot of changes in planning, strategizing, and executions for the aluminium companies. Such was our observation over more than a week, from April 11 to April 24. While decline in European car sales by about 52 per cent in March, attributing to the lockdowns imposed for the containment of COVID19, as reported on April 17, did not escape our attention, nor we missed to report how Rio Tinto, with support from Motorola Solutions, is technologically gearing up to pursue delivery towards its consumers while safeguarding people and communities during the COVID-19 pandemic. So, let us here take a quick recap to some of such major market affairs and developments happened over the week, caused by COVID19. To start with, Fitch Ratings, the leading provider of...
