As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
A cut in US tariffs on Canadian aluminium alone is unlikely to bring down the elevated Midwest aluminium premium significantly, according to Alcoa CFO Molly Beerman, as the US still relies on imports from other countries to cover a structural supply gap. Speaking at the Jefferies Global Industrials...
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Malaysia is a major aluminium importer from the United States. In 2022, the country accounted for 17 per cent of the United States aluminium crude metals and alloys exports and 20 per cent of the United States aluminium scrap exports. Till September 2023, Malaysia accounted for 41 per cent of the...
In a revolutionary decision by the World Trade Organization (WTO) dispute panel, Turkey finds itself compelled to rescind additional duties imposed on imports from the United States. This move has reverberations within the intricate web of global aluminium trade dynamics. The panel's verdict stems...
On Thursday, December 28, China's social inventories of aluminium ingot hit a new low for the year, standing at 434,000 tonnes. Compared to Monday, December 25, the inventories registered a fall of 9,000 tonnes, while from the previous week, December 21, the inventories stood 12,000 tonnes lower....
LME aluminium opened at US$2,393.5 per tonne yesterday, with its high and low at US$2,394.5 per tonne and US$2,353.5 per tonne, respectively, before closing at US$2,367 per tonne, a decrease of US$28 per tonne or 1.17 per cent. The LME aluminium live price chart , on December 28, witnessed an...
On Friday, December 29, the average alumina spot price in China heightened by RMB 47 per tonne to settle at RMB 3,119 per tonne. The alumina prices have been rising recently due to Guinea's fuel depot blast. As per the Shanghai Metals Market (SMM) data, the prices have grown significantly in all...
The Department of Ecology and Environment of Guizhou Province released the Implementation Plan for the Collaborative Efficiency of Pollution Reduction and Carbon Reduction in Guizhou Province on December 18. The plan aims to facilitate innovation in high-efficiency and energy-saving aluminium...
Japanese aluminium buyers have reportedly agreed to pay global producers a shipment premium of $90 per tonne over the LME benchmark price for the March quarter of 2024. The news came on December 28 after three sources directly involved in the pricing talks revealed. Compared to the current quarter...
In the aluminium industry, a CEO's role is crucial for a company's success. The CEO, widely known as the Chief Executive Officer, serves as the leader responsible for making vital decisions that impact the company's growth and profitability. In the aluminium sector, where technological advancements...
The European Green Aluminium Summit 2023, organised by Shanghai ECV International Co., Ltd., which took place on October 18-19 in Frankfurt, Germany, was enough to set the tone for the month of November. The summit addressed the urgent concern of reducing carbon emissions in the aluminium industry,...
Today, on December 28, the SMM A00 aluminium ingot price has skyrocketed by RMB 290 per tonne to officially close at RMB 19,570 per tonne. The average prices have ranged between RMB 19,550 per tonne and RMB 19,590 per tonne. The SMM aluminium price graph has shown upscale movement after the last...
The London Metal Exchange (LME) aluminium prices significantly surged on Wednesday, December 27, as trade resumed after the Christmas break. Three-month aluminium on the London Metal Exchange (LME) climbed 0.8 per cent to $2,345 per tonne in official open-outcry trading after reaching its highest...
Chalco, the aluminium corporation of China, recently announced the establishment of a joint venture between Chalco Zhengzhou Nonferrous Metals Research Institute Co., Ltd. and Zhengzhou Light Metals Research Institute Co., LTD. As per the announcement, the joint venture company, named Chalco...
In November 2023, primary aluminium production in the Gulf Cooperation Council recorded a month-on-month downfall of 12,000 tonnes or 2.37 per cent to stand at 506,000 tonnes, found the International Aluminium Institute. In October 2023, the output was recorded at 518,000 tonnes, up by 2.98 per...
Chinalco Carbon Enterprises recently organised a training course on the production technology of prebaked anodes to enhance the theoretical knowledge and technical skills of their technicians. The initiative aimed to boost the technical progress of carbon production and improve the quality of...
On December 27, today, the SHFE aluminium price has grown by 0.33 per cent or US$9 per tonne to park at US$2,698 per tonne. Considering the SHFE price on December 27, last year, we may find a Year-on-Year influx of US$19 per tonne or 0.7 per cent from US$2,717 recorded that day. This year, the...
Henan Beijia Aluminum conducted the stage-1 ground-breaking ceremony of its much-awaited electrolytic aluminium plant project of the Indonesia North Plus Project, handled by China 6 MCC Guizhou Branch. The project is in the Tanakuning Industrial Park, inside Indonesia's North Kalimantan Special...
Just before Christmas Eve, LG Chem Ltd announced the upcoming construction of a US$1.4bn battery cathode plant in Clarksville, located in the US state of Tennessee. The South Korean company flaunts previous constructions in the area and has vouched to play a mighty role in the area's...
Affin Hwang Investment Bank Bhd expects Press Metal Aluminium Holdings' Q4 2023 earnings to record a double-digit growth. According to Malaysia’s one of the largest brokerages and asset managers, Press Metal might post a 16.5 per cent earnings growth in the fourth quarter of 2023, driven by...
