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China’s aluminium story has always been a study in contradictions. On paper, the country dominates the industry. It produced nearly 43 million tonnes of primary aluminium in 2024, more than half the world’s supply. Yet in the same year, it imported over 3 million tonnes of primary aluminium, largely ...
After a sharp decline on September 4, the London Metal Exchange (LME) aluminium price gained momentum. However, the price of aluminium platts further fell from the previous day by USD 1.23 per tonne.
On September 5, both the LME cash bid and offer price gained by USD 10 per tonne or 0.38 per cen ...
Britain’s Financial Conduct Authority (FCA), a financial regulatory body, has approached Swiss-based energy and commodity trading firm Mercuria over its unusually large aluminium holdings on the London Metal Exchange (LME). Two witnesses who were familiar with the matter said the position has distor ...